headline-auto
Indonesian auto financing firms gearing up despite rough ride for economy | Sector data
(The Insider Stories) – Indonesian automotive financing firms – known locally as multifinance companies – expect to ride out tough macroeconomic conditions and continue competing for a share of a redhot auto financing market despite the possibility the government will raise fuel prices by more than half, adding to inflationary pressure and a rupiah that has Full Article
Indonesia has Scope to Capture More India Inc. Investment in Autos, Food, Infrastructure | Insider sector data
India’s companies have yet to make serious inroads into Indonesia but Southeast Asia’s biggest economy has potential to capture more outbound M&A, as rising incomes and more skilled workers boost growth in sectors like food, manufacturing and resources while improvements to the regulatory environment slowly open up a huge potential infrastructure market, Indian government and Full Article
Saratoga likes Indonesia resources, infrastructure, consumer sectors; IPOs afoot | Insider sector data
(Insider Stories) — Saratoga Capital likes the resources, infrastructure and consumer sectors in Indonesia and says it is holding toll road and consumer finance plays, while the Indonesian Stock Exchange is still good value despite big gains, according to a founding partner. Meanwhile strong growth in demand for services among Indonesia’s rapidly expanding middle class Full Article
INSIDER REGULATION: Indonesia to issue low cost green car regulation
(Insider Stories) — The Indonesian government in two weeks will issue a regulation that exempts car manufacturers of value-added tax on low-cost green cars Industry Minister MS Hidayat said Friday. PT Toyota Astra Motor (TAM) and PT Astra Daihatsu Motor will produce 5,000 – 6,000 LCGC’s a year. National auto-industry association Gaikindo predicts that with Full Article
15 Japanese Auto Sparepart Makers Plans to Build Plants in Indonesia
A high level official at the industry ministry said it has received proposals from 15 automotive spare part companies intending to build new factories in the country. Budi Darmadi, a director general at the ministry said the value of the total planned investment is IDR 4 trillion. These sparepart makers will support car assembling facilities Full Article
