MPMX to join EV business hype
22 May 2024 13:42
PT Mitra Pinasthika Mustika Tbk (MPMX) and its subsidiary, PT Mitra Pinasthika Mulia, will branch out to support electric vehicle (EV) business.
Vehicle sales decline continues to April 2024
14 May 2024 13:27
Motor vehicle sales as of April 2024 dropped 34.91% from March 2024, in which vehicles of PT Astra International Tbk (ASII) still dominate the biggest market share in Indonesia.
National car sales saw 26.21% decline yearly
17 Apr 2024 13:24
The data from the Association of Indonesia Automotive Industries (GAIKINDO) recorded 26.21% year-on-year (yoy) decline in motor vehicle sales as of March 2024.
Shipping services slowed down, ASSA's net profit still soars 425%
01 Apr 2024 18:44
PT Adi Sarana Armada Tbk (ASSA), a transportation solutions provider, recorded net profit growth of up to 425% year-on-year (yoy) despite the sluggish AnterAja delivery service business.