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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.
Economy 2 months ago
PREMIUM
Factories struggling amid muted demand, surging costs
Indonesia's manufacturing sector suffered its sharpest contraction in a year, with the PMI plunging to 46.9 in June as new orders dried up and factory-gate prices rose at the fastest pace in nearly 13 years, intensifying calls for government help.
Academia 2 months ago
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The 5Es of economic growth and their impact on exchange rates (Part 2 of 3)
To safeguard economic sovereignty against foreign currency shocks and exploitative tech monopolies, developing nations must pivot from exporting raw materials to mandating "balanced exports" and reclaiming local control over their digital economies.
Economy 3 months ago
PREMIUM
9,000 layoffs may come within 3 months, labor union warns
One company that had fallen victim to the war was PT Xacti Indonesia, formerly known as Sanyo, which had been axing workers since last year due to financial hardships and was forced to close shop permanently this month.
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