Industry leader PT Bridgestone Tire Indonesia plans to raise the price of its entire tire products sold in Indonesia by around 10 percent in 2012.
Domestic car sales volume in January-October 2011 grew by 4.34 percent to 42.82 million units compared to the same period of last year.
Total investment need of the country’s plantation sector next year is estimated at around Rp 57.31 trillion, Director General of Plantation Gamal Nasir said on Thursday.
The government-sponsored plantation revitalization program has been moving at a snail’s pace due to a combination of problems.
Five investors are planning to enter the country’s pulp and paper industry, Chairman of the Indonesian Pulp and Paper Association, M. Mansur said on Thursday.