Multistrada Sets Capex $50 Million

Multistrada Sets Capex $50 Million

JAKARTA (Yosefardi) – Tire manufacturer PT Multistrada Arah Sarana Tbk (MASA) allocates capital expenditure (capex) of US$50 million for this year, funded by internal cash and bank loan. The company had bagged loan of US$170 million from PT Bank OCBC NISP Tbk, partly...
Motorcycles Sales Grows 8.8% in 2013

Motorcycles Sales Grows 8.8% in 2013

JAKARTA (Yosefardi) – National motorcycles sales grew by 8.8% to 7.77 million units in 2013, new record high, compared to 7.14 million units in 2012. The Indonesia Motorcycles Industry Association (AISI) initially targeted motorcycles sales to reach 7.5 million last...
Geely Sales Grow 11% in November

Geely Sales Grow 11% in November

HONG KONG (Yosefardi) – Geely Automobile Holdings Limited reported total sales volume of 57,107 units for the month of November 2013, an increase of approximately 11% over the same period last year and up approximately 2% from October 2013. The total sales...