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Car sales surge 70 per cent in Indonesia after luxury tax cut

Lines of vehicles pack kilometer 6 of the Jagorawi Toll Road in Jakarta on Oct. 30, 2020. - Antara JAKARTA (The Jakarta Post/ANN): Domestic car sales skyrocketed in March as a luxury tax (PPnBM) cut for small cars came into effect, but overall sales remained below prepandemic levels, meeting observers’ expectations about the effect of key incentives on consumer spending. Nearly 85,000 cars were sold domestically in March, up 72.5 per cent from the previous month and up 10.5 per cent from March of last year, according to data from the Association of Indonesian Automotive Manufacturers (Gaikindo). Some consumers decided in March to buy a new car, while others made purchases they had delayed from February – when the incentive was announced – to take advantage of the savings.

Indonesia senses pride in being partner country at Hannover Messe

Industry 4 0 to position Indonesia among top 10 economies: Minister

Jokowi, Merkel to jointly open Hannover Messe 2021 Digital Edition

Jokowi, Merkel to jointly open Hannover Messe 2021 Digital Edition 8th April 2021 1 hour ago Jakarta (ANTARA) - President Joko Widodo (Jokowi) and German Chancellor Angela Merkel will jointly open the Hannover Messe 2021 Digital Edition virtually on Monday evening. God willing, tonight, at around 18:00 WIB (Western Indonesian Standard Time), President Jokowi will deliver a speech at the opening of the Hannover Messe 2021 Digital Edition. At the same time, at around 13:00 German time, Chancellor of Germany Angela Merkel will also deliver her speech, Industry Minister Agus Gumiwang Kartasasmita noted in a statement here on Monday. The world s largest industrial technology expo is being held on April 12-16, with Indonesia as the official partner country.

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