Astra Otoparts to Build 5 Factories

BOGOR (Yosefardi) – PT Astra Otoparts Tbk (AUTO) builds 5 automotive component factories in Indonesia and China which costs Rp3.5 trillion, Investor Daily reported this morning. That 5 factories are located in Hangxhou (China), Semarang, Subang, and Cibitung (2...
Car Sales Grows 1% in October

Car Sales Grows 1% in October

JAKARTA (Yosefardi) – National car sales totaled 104,916 units in October 2014, up 1% from 102,711 units in September 2014. Compared to October 2013 (112,038 units), the figure fell 6.3%. Year to date, national car sales reached 1.037 million units, up 1.6% from...

Hexindo’s Profit Falls 36%

JAKARTA (Indonesia Today) – PT Hexindo Perkasa Tbk (HEXA), unit of Hitachi Co Ltd, booked net profit of US$7.75 million in first nine months of 2014, dropped 36% from US$12.17 million in the same period of 2012. Net revenue declined 17% to US$191.3 million from...