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Regulations 1 month ago
PREMIUM
Purbaya urges Toyota to move production from Thailand
In an attempt to urge the Japanese auto giant to set up its regional hub in Indonesia, the finance minister has indicated the government’s readiness to offer a slew of incentives across related sectors, from steel to financial services.
Companies 1 month ago
Indonesia’s automotive market is resetting, but long-term growth remains strong
Indonesia's automotive market is not in decline but is undergoing a reset. While higher interest rates and affordability pressures have softened new-car sales, the market's long-term fundamentals remain intact. Electrification, urbanization and manufacturing investment are reshaping the industry and creating the foundation for its next phase of growth, according to Lukmanul Arsyad, an Industrials & Services Leader and Partner at PwC Indonesia.
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