Archive for November, 2009
Suzuki Motorcycle Production Move to Indonesia
Japanese automaker Suzuki will transfer the production of two-wheeled vehicles from Thailand to Indonesia in 2010. It was said President Director of PT Indomobil Suzuki Motor (SIM), Yoshiji Terada, in Jakarta. Some of the reasons that Japanese automakers are transferring production motorcycle to the ground water, namely the large Indonesian market potential, natural resources and non-oil and gas, and transportation needs are still great. Apart from supplying motorcycles in the country, Suzuki currently exports its products to the Philippines. ”If today we export to the Philippines in the form of new assemblies (completely knock down / CKD) as many as 10,000 per month,” he explained.
The plan, Suzuki will export back to two-wheel vehicles to Thailand, Vietnam and even Cambodia, in addition to the Philippines. According to Terada, spare parts export product composition is 90 percent still comes from Indonesia. ”Anyway our goal to ASEAN,” added Terada. Earlier he said that Suzuki will add investment of U.S. $ 50 million U.S. dollars to increase motorcycle production capacity 40 percent in Indonesia. Increasing production capacity of 500,000 motorcycles to 600,000 thousand units per year to 720,000 units will be conducted in the year 2010. Most investments will be used to increase motorcycle production capacity of skutik become 50 percent more than current production reached 200,000 units per year. SIM will also be launched at least seven new motorcycles are among skutik. However, most types of motorcycles to be launched is the duck (underbone) and reinforced the motor (backbone).
Request for the Indonesian Cocoa is Down
Export price of cocoa which lasted expensive or about U.S. $ 2,900 per metric ton until this weekend to make it to the Indonesian demand for commodities is still declining. ”The price of cocoa exports 2900 U.S. dollars per metric ton was up high enough compared to some months ago, so the interest decreases with the pretext of buying prices are not suitable anymore for the industry,” said President Director of PT Sarimakmur Tunggal Mandiri, Suryo Maco, in Medan.
Although demand for quiet, according to him, cocoa prices in local markets such as North Sumatra also remained high or in the range Rp26.500 per kg. ”All of mutual self help. Buyer resist purchasing, while exporters also do not want to release with lower prices because local prices too expensive to survive,” said Suryo. As a result of actions buyer who still wait and see, he said, the transaction only to meet existing export contracts. ”It is difficult to detect subsequent requests including whether the price could go down or even go up again, because many factors that affect transactions or prices on international markets,” he explained. He mentions, although North Sumatra cocoa production is not too large, but demand is high enough into the area because of the typical cocoa flavor. ”This year it’s lonely and it demand for the impact of global crisis,” he said.
BPS Chief of North Sumatra, Alimuddin Sidabalok, mentions, compared to a group of other goods, the value of foreign exchange earnings from cocoa, including a low-cut at this year. In January-September 2009 for example, he said, the value of cocoa exports fell only 3.97 percent of North Sumatra to 77.964 million U.S. dollars from the same period last year which reached 81.188 million U.S. dollars. While other commodity export values fell an average of over 10 percent. ”Even animal fats and oils / vegetable export value fell to 46.78 per cent,” he said.
Air Asia Open flight to Phuket
Air Asia to open two routes of direct flights to Phuket, Thailand. The plan, flights with low-cost ticket fare would be realized by the end of December 2009. Two direct flight route, namely Jakarta-Medan-Phuket and Phuket, will complement the daily route from Jakarta to Bangkok and Bali-Bangkok which had previously been operating. The opening of new routes being offered with rates Rp199.000 (Jakarta-Phuket) and just Rp 99,000 (Singapore-Phuket) that the flight will be operated from the center of Phuket International Airport in Thailand. ”We see growth in people’s travel needs of low-cost higher. Therefore, we multiply the new routes in the ASEAN region,” said CEO of Thai Air Asia, Tassapon Bijleveld, at the opening of two new routes.
The company was scheduled connecting major cities in Southeast Asia in a single low-cost transportation routes. This is to connect the two destinations of international traffic.
Indonesia Air Asia CEO, Dharmadi, adding, the new route is added on international routes Air Asia after seeing the business potential at both destinations and flights. Recorded during 2009, the airline has opened 10 direct routes, both domestic and international. Of the entire route, about 75% are international routes and the remaining domestic flights offered by low-cost flights within the system. A total of 90 frequency of flights per day to various destinations served by using nine Airbus aircraft types and five types of Boeing aircraft. Later, in 2010, all Boeing aircraft will be replaced with a new fleet of Airbus A320 type
Ford, Starting Lucky Bag.
Ford Motor Co, booked revenue of nearly U.S. $ 1 billion in the third quarter.This is in line with efforts to strengthen profitability in 2011 after years of losses. Number-two carmaker in the U.S. that turned a profit of U.S. $ 997 million. Previously, Ford lost $ 161 million in the same period in 2008.
Gain of 26 U.S. cents per share to big surprise to analysts who predicted the U.S. dollar down 12 cents. Revenue was obtained after Ford managed to increase market share in North America, Europe and South America as well as cut operating costs of U.S. $ 4.6 billion in the first nine months of this year. ”Our revenues in the third quarter clearly shows Ford has made tremendous progress, even though the economy experienced a prolonged slump,” said the automotive company’s CEO, Alan Mulally, in a teleconference with analysts and reporters. ”While we still face challenges that stretch along the way, we transform ourselves into work and our underlying business to continue to grow stronger,” he said. Unlike rivals General Motors and Chrysler, Ford’s management succeeded in overcoming the economic crisis without having to ask for bankruptcy protection or in need of government assistance to billions of U.S. dollars. Ford’s debt load after restructured four years just to reach U.S. $ 26.9 billion. The company also convince union members to give the same concessions given to GM, and Chrysler.
