New Fiduciary Rules Implemented

JAKARTA (Indonesia Today) – Starting today, October 8, automotive financing firms must register fiduciary certificates with the Law and Human Rights Ministry no later than 30 days after their customers sign financing agreements. Without the certificates,...

Luxury Cars Boost ZhengTong Auto

HONG KONG (Indonesia Today) – China ZhengTong Auto Services Holdings Limited, one of the largest players in Chinese premium automotive market, booked net profit of RMB351 million in the first half of 2012 on strong revenue growth. According to the...

Great Wall Motor Posts 29% Growth

HONG KONG (Indonesia Today) – Great Wall Motor Company Limited, one of the largest automotive players in China, booked net profit of RMB2.35 billion in the first half ended June 30, 2012, an increase of 29.9% from the corresponding period of 2011 on strong...