Indonesia: With an improved 122 points in the consumer confidence index, Indonesia was the third most confident nation in the world after the India and Philippines in the third quarter of 2016, according to Nielson.
Jakarta, Indonesia: Indonesia’s car sales is on track to increase between 3 percent and 5 percent in 2016, buoyed by new product launches, a more positive macroeconomic environment, increased liquidity and more relaxed financing terms, international ratings agency Fitch Ratings finds.
Mark Johnston speaks to Alexander Tjioe and Harald Dickertmann on the opening of their new technology centre in Jarkata, Indonesia. Mr Tjioe is the president (automation), Schunk (Indonesia) while Mr Dickertmann is the head of sales and business development Asia, based out of Germany.
Sato, a global provider of auto-ID solutions announced the restructuring of its Indonesia business. It renamed its Indonesian labels production unit to PT Sato Label Indonesia. Its production is now housed in a new plant. Sato has also established a new sales unit named PT Sato Label Solutions. This organisational restructuring is in view of the growing Indonesian market.
As Indonesia moves towards an age of increased digitalisation and connectivity, there is an increased expectation of the automotive sector to improve on its productivity and swing around an otherwise lacklustre 2015. ‘Moving Into Industry 4.0: The Power Of PLM In Your Automotive Supply Chain’ tackled some of the concerns of the Indonesian automotive players. Syed Shah reports from Jakarta.
The Indonesian Motorcycle Industry Association (AISI) says Indonesia’s motorcycle exports should rise by 50 percent year-on-year to around 342,000 units in 2016.
The Indonesian government has revealed plans to determine a reference price for foreign steel.
Japanese sensing and control components manufacturer Omron Corporation has announced their plans to construct two new facilities at their existing manufacturing plant—Omron Manufacturing Indonesia (OMI)—in Indonesia’s West Java.
The two facilities that will span over 20,000 sq m will produce multiple electronic components to cater to the global markets in industrial automation and automotive production. Construction is slated to be completed in two years and the factories will be open in April 2017.
With the new facilities, the company expects to significantly increase its manufacturing capacity and boost Indonesia’s standing in the global manufacturing network.
To date, the country as embarked on a massive development programme to expand and modernise its infrastructure, said Irawan Santoso, president director of the company. With the expansion, the company can well support the country’s infrastructure development needs.
OMI produces an estimated 191 million components every year, of which 90 percent is export and the remaining is sold domestically. The new facilities are expected to increase the company’s total production volume to 325 million components and modules by 2020.
With the increasing economic cooperation between the two countries, Indonesian President Joko Widodo expressed his hopes of China building Indonesia into an Asian production base at a recent meeting with visiting Chairman of the National Committee of the Chinese People’s Political Consultative Conference, Yu Zhengsheng.
Jakarta, Indonesia: PT Astra Honda Motor (AHJ), Honda's motorcycle production and sales joint venture company in Indonesia, is planning to expand the production capacity of its motorcycle production plant in Karawang (4th plant) by adding a production line with annual production of 500,000 units.
The company plans to invest IDR 1,900 billion (US$152 million) to build this sports bike production line and production is expected to begin before the end of 2015. With the addition of the new production line with production capacity of 500,000 units, the total production capacity of the Karawang Plant will be increased from the current 1.1 million units to 1.6 million units. The combined annual motorcycle production capacity of AHJ's four existing plants will increase from 5.3 million units to 5.8 million units before the end of 2015.
Indonesia has been the world's third largest motorcycle market behind India and China, and a further increase in demand is expected. For 2014, industry-wide motorcycle sales in Indonesia are expected to be approximately eight million units, and the company's sales are expected to exceed five million units, breaking the all-time annual sales record.