Production line of cars manufactured in Indonesia

Car Exports in 2014 Rising Steadily

Indonesian Automotive Industry: Car Exports in 2014 Rising Steadily Indonesian car exports may reach 310,000 vehicles in 2014, a 12.72 percentage point growth from last year (275,000 vehicles). Exports of completely built up (CBU) units are expected to number 200,000 while completely knocked down (CKD) units are estimated to reach 110,000 2 units by the…

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Government Targets GDP Growth of 5.8% in 2015

Courtesy of The Indonesian government is optimistic that the country’s economic growth will accelerate to 5.8 percent (year-on-year) in 2015 from an expected growth pace of 5.5 percent in 2014. The key to next year’s improved gross domestic product (GDP) growth of Indonesia is the higher forecast for global economic growth. In 2015, the…