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President to Issue Regulation on Land Acquisition This Month End

President to Issue Regulation on Land Acquisition This Month End 

JAKARTA, Indonesia Today - Minister of Industry MS Hidayat is optimistic the President Regulation about Land Acquisition will be issued…

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Court Validates Vastex PKPU, Escapes Bankruptcy

Court Validates Vastex PKPU, Escapes Bankruptcy 

JAKARTA, Indonesia Today - Textile company PT Vastex Prima Industries escapes bankruptcy as the Central Jakarta Commercial Court has decided…

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PLN to Spend Rp2.54 Trillion for Rural Electricity Program

PLN to Spend Rp2.54 Trillion for Rural Electricity Program 

JAKARTA, Indonesia Today - State-utility PT PLN will spend Rp2.54 trillion of fund allocated from State-Budget (APBN) this year to…

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Metrodata to Raise Rp155 Billion from Rights Issue

Metrodata to Raise Rp155 Billion from Rights Issue 

JAKARTA, Indonesia Today - Electronics and ICT products retailer PT Metrodata Electronics Tbk (MTDL) announces on prospectus today it plans…

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Three Gas Fields Commence Production

Three Gas Fields Commence Production 

JAKARTA, Indonesia Today - Three gas fields with total potential production of 130 million metric cubic feet per day (mmscfd)…

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Bank Permata Kicks Off Rp700 Billion Subdebt Issue

Bank Permata Kicks Off Rp700 Billion Subdebt Issue 

JAKARTA, Indonesia Today - PT Bank Permata Tbk (BNLI) announces on prospectus today it plans to issue subordinated bond (subdebt)…

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Fitch Downgrades Greek Banks to 'CCC'

Fitch Downgrades Greek Banks to 'CCC' 

BARCELONA, Indonesia Today - Fitch Ratings has downgraded National Bank of Greece's, Efg Eurobank Ergasias', Alpha Bank's, Piraeus Bank's and…

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Summarecon Books Rp1.65 Trillion Pre Marketing Sales

Summarecon Books Rp1.65 Trillion Pre Marketing Sales  

JAKARTA, Indonesia Today - Real-estate developer PT Summarecon Agung Tbk (SMRA) booked pre marketing sales of Rp1.65% it the first…

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Basarnas Stops Evacuation Operation of Sukhoi’s Victims

Basarnas Stops Evacuation Operation of Sukhoi’s Victims  

JAKARTA, Indonesia Today – The National Search and Rescue Agency (Basarnas) has decided to stop the operation to evacuate all…

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Tiger Airways Books $104 Million Losses

Tiger Airways Books $104 Million Losses  

SINGAPORE, Indonesia Today - Tiger Airways Holdings Ltd, partner of Saratoga Investama in Mandala Airlines, posted net loss of $104.3…

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Cardig Aero Q1 Profit Grows 27%

Cardig Aero Q1 Profit Grows 27%  

JAKARTA, Indonesia Today - PT Cardig Aero Services Tbk (CASS) booked net profit of Rp42.58 billion in the first quarter…

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Mewah International Boosts Ownership in Indonesian Units

Mewah International Boosts Ownership in Indonesian Units  

SINGAPORE, Indonesia Today - Mewah International Inc has increased its equity stake in subsidiaries in Indonesia, namely PT Mas Sejahtera,…

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Latest News

Fitch Affirms Telkomsel at 'BBB'/'AAA(idn)'

JAKARTA, Indonesia Today - Fitch Ratings has today affirmed Indonesia-based PT Telekomunikasi Selular's (Telkomsel) Long-Term Foreign and Local Currency Issuer De...

Telco | Monday, 21 May 2012

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Fitch Affirms Bank Riau Kepri at 'A(idn)'

JAKARTA, Indonesia Today - Fitch Ratings has affirmed PT Bank Pembangunan Daerah Riau Kepri's (Bank Riau Kepri) National Long-Term Rating at...

Banking | Monday, 21 May 2012

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Fitch Upgrades BPD Maluku to 'A(idn)'

JAKARTA, Indonesia Today - Fitch Ratings has today upgraded PT Bank Pembangunan Daerah Maluku's (Bank Maluku) National Long-Term Rating and se...

Banking | Monday, 21 May 2012

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Astra Sedaya Financing Likely to Go Up to $200 Million

JAKARTA, Indonesia Today - The US$120 million three-year term loan for Astra Sedaya Finance is oversubscribed and may be increased to...

Banking | Monday, 21 May 2012

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Templeton's Investment in Indonesia Declines to 5% in April

FLORIDA, Indonesia Today - Templeton Global Income Fund invested 5% of its total net assets in Indonesia as of April 30...

Stocks | Monday, 21 May 2012

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Pratt & Whitney Canada Signs 5-Year Service Agreement with Pacific Royale Airways

MINNESOTA, Indonesia Today - Pratt & Whitney Canada SEA (P&WC SEA), located in Singapore, has signed a five-year Maintenance, Repair an...

Transportation | Monday, 21 May 2012

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Nomura Research Establishes Representative Office in Jakarta

TOKYO, Indonesia Today - Nomura Research Institute Ltd. (NRI), a leading provider of consulting services and system solutions, today announces th...

Internet | Monday, 21 May 2012

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Omedia Again Extends Megapower Acquisition

KUALA LUMPUR, Indonesia Today - Oriented Media Group Berhad (Omedia) extends its proposed acquisition of 85% equity interest in PT Me...

Energy | Monday, 21 May 2012

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Interra's Goldpetrol Commences Drilling in Myanmar

SINGAPORE, Indonesia Today - Interra Resources Limited, a company controlled by Indonesian tycoon Edwin Soeryadjaya, announces today that its jointly co...

Energy | Monday, 21 May 2012

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JSW Steel Production Grows 10% in April

SINGAPORE, Indonesia Today - JSW Steel Limited reported monthly crude steel production of 7.15 lacs tons for April 2012, with a ...

Steel | Monday, 21 May 2012

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Tunas Ridean to Acquire Izusu Distributor

JAKARTA, Indonesia Today - Car distributor and dealer PT Tunas Ridean Tbk (TURI) and its unit PT Tunas Mobilindo Parama pl...

Automotive | Monday, 21 May 2012

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Surya Toto to Build Sanitary Factory This Year

JAKARTA, Indonesia Today - Sanitary and plumbing company PT Surya Toto Indonesia Tbk (TOTO) intends to build new sanitary factory in...

Stocks | Monday, 21 May 2012

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Zebra NUsantara to Acquire CNG Distributor

  JAKARTA, Indonesia Today - Transportation company PT Zebra Nusantara Tbk (ZBRA) plans to acquire a company, distributor of compressed natural gas...

Transportation | Monday, 21 May 2012

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Mother of Hidayat Nur Wahid Passes Away

JAKARTA, Indonesia Today – Siti Rahayu, mother of Hidayat Nur Wahid, Jakarta governor candidate from the Prosperous Justice Party (PKS), ha...

People | Monday, 21 May 2012

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Bank Riau Kepri Books Rp64 Billion Profit in Q1

JAKARTA, Indonesia Today - Regional development bank PT Bank Riau Kepri reported profit after tax of Rp63.89 billion in the fi...

Banking | Monday, 21 May 2012

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Bank Sulselbar Books Rp68 Billion Profit in Q1

JAKARTA, Indonesia Today - Regional development bank PT Bank Sulawesi Selatan dan Barat (Sulselbar), formerly PT Bank Sulsel, posted consolidated pr...

Banking | Monday, 21 May 2012

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BCA Targets Rp4 Trillion Loan for Infrastructure

JAKARTA, Indonesia Today - PT Bank Central Asia (BCA) Tbk (BBCA) targets to loan Rp3-4 trillion for infrastructure sector in ...

Banking | Sunday, 20 May 2012

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BI Rules on Rewards Restriction and Individual Ownership in Banks

JAKARTA, Indonesia Today - Central bank Bank Indonesia (BI) releases policy direction for conventional banking this year, including the restriction ...

Banking | Sunday, 20 May 2012

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Ratu Prabu Plans Rigths Issue in Q3

JAKARTA, Indonesia Today - PT Ratu Prabu Energy Tbk (ARTI) plans to issue new shares through pre-emptive rights scheme in ...

Stocks | Saturday, 19 May 2012

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Moody's Downgrades 16 Spanish Banks

MADRID, Indonesia Today - Moody's Investors Service has today downgraded by one to three notches the long-term debt and deposit ra...

Banking | Friday, 18 May 2012

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Suharto’s Grandson Fails to Show Up for Police Summon

JAKARTA, Indonesia Today - Ari Haryo Wibowo Hardjojudanto, popular as Ari Sigit, grandson of the late president Soeharto and a su...

People | Friday, 18 May 2012

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APP Announces New Policies on High Conservation Value Forest

JAKARTA, Indonesia Today - Asia Pulp & Paper Group (APP) has announced its new High Conservation Value Forest policies to ev...

Chemical | Thursday, 17 May 2012

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Zacks Investment: Indonesia, the Rising Star of Asia

CHICAGO, Indonesia Today - Emerging markets are an important part of the global economy and increasingly significant contributors to the gl...

Stocks | Thursday, 17 May 2012

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Prisma Resources Deploys NetSuite Cloud Solution for Business Efficiency

SAN FRANCISCO, Indonesia Today - NetSuite SuiteWorld 2012 -- NetSuite Inc., the industry's leading provider of cloud-based financials/ERP software suites, an...

Mining | Thursday, 17 May 2012

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Latest News:

Industries

Theindonesiatoday.com - National motorcycles sales totaled 736,187 units in July 2011, grew 4.95% compared to 701,432 units in July 2010, according to data from Indonesian Motorcycle Industry Association (AISI). January-July sales totaled 4.81 million units.

PT Astra Honda Motor (AHM) dominated the market, selling 363,238 units, followed by PT Yamaha Kencana Motor Indonesia (YKMI) (312,506 units), and PT Suzuki Indomobil Sales (SIS) (50,667 units). This three brand holders hold 98.48% market share. Other brands are Kawasaki, TVS and Kanzen.

"The sales of all brands increased ahead of of the holy month of Ramadan, or Lebaran, with some brands grew by up to 15-20%," said Yohannes Loman, AHM's executive vice president.  

For January-July period, Honda's sales totaled 2.46 million units, Yamaha (1.97 million units) and Suzuki (306,387 units). (hans@theindonesiatoday.com)


More articles :

» Car Sales to Reach 870000 Units

Theindonesiatoday.com - Indonesian Automobile Industry Association (Gaikindo) was optimistic car sales would reach 870,000 units this year, higher than earlier estimates of 800,000 to 850,000 units.

» Week-17 on IDX: Foreign Investors Returned to Net Buy

JAKARTA, Indonesia Today - Foreign investors returned to net buy of Indonesian stocks in the week ended April 27.

» Newcastle Port Coal Shipment Rises 8.3%

Theindonesiatoday.com - Newcastle Port shipped 2.32 million tons of coal for the week ended 2 May 2011, jumped 8.3% compared to the previous week shipment.

» Nazaruddin's Wife is also On Board

Theindonesiatoday.com - Neneng Sri Wahyuni, wife of fugitive Muhammad Nazaruddin, is on board of a chartered flight with Nazaruddin. They reportedly stopped over in Barbados Island.

» Citra Borneo Mulls IPO

Theindonesiatoday.com - Palm plantation company PT Citra Borneo Indah, member of Tanjung Lingga group, plans to offer 30% shares through the initial public offering (IPO), targets to raise US$300 million proceeds, Bisnis Indonesia reported this...

» Toyota Runs at 50% of Normal Production Capacity

Theindonesiatoday.com - Toyota Motor Corporation (TMC) will run its vehicle production facilities in Japan at 50% from normal for the period of May 10 to June 3, 2011.

» Holcim Indonesia H1 Profit Grows 23.4%

Theindonesiatoday.com - Cement maker PT Holcim Indonesia Tbk (SMCB) posted net profit of Rp457 billion in the first half (H1) of 2011, grew 23.4% from Rp370 billion in the corresponding period of last year.

» Nazaruddin Feels Left Out, No Demokrat 'Friends' Visiting

Theindonesiatoday.com - Muhammad Nazaruddin, former treasurer of President SBY's Demokrat Party, feels left out as none of his former colleagues at the party paid a visit since his detention or during this week's Idul Fitri.

» Bayan Also Surpasses Adaro Energy

Theindonesiatoday.com - PT Bayan Resources (BYAN) Tbk has surpassed PT Adaro Energy (ADRO) Tbk in terms of market capitalization. 

» Govt Sets Criteria for Tax Incentives

Theindonesiatoday.com - The Indonesian government has issued Finance Miniter regulation on income tax exemption and incentive to companies for supporting national industry, and has set criteria for being eligible to take tax incentive.

» Astra's Car Market Share Declines in October

Theindonesiatoday.com - Astra Group holds 55% national car market share in October 2011, declined from 58% in previous month. The group car sales totaled 47,218 units last month.

» ABM Investama Ends Flat in Second Day

Theindonesiatoday.com - Mining and energy company PT ABM Investama (ABMM) Tbk closed flat on its second day of trading on the Indonesia Stock Exchange (IDX) with relatively thin trading volume.

» Astra Reports 29.7% Profit Growth

Theindonesiatoday.com - Country's biggest automotive distributor PT Astra International Tbk (ASII) posted net profit of Rp15.92 trillion in first 9 months of 2011, increased 29.7% from Rp12.28 trillion in the corresponding period of last year.

» House Ratifies MLA with Hong Kong into Law

JAKARTA, Indonesia Today – The House of Representatives (DPR) has on Tuesday (February 28) ratified the bill of Mutual Legal Assistance (MLA) with Hongkong into new law in its plenary session meeting. The new law will help the government in its...

» Hexindo Reports 61% Growth in Profit

Theindonesiatoday.com - Construction machinery distributor PT Hexindo Adiperkasa Tbk (HEXA) posted net profit of US$30.76 million for the financial year ended September 2011, grew 61% US$19.07 million in the same period of last year.

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