Indonesian Political, Business & Finance News

Archive: 17 July 2009

2 articles found

What will be the impact of Indonesia's hotel bomb attacks

JAKARTA, July 17 (Reuters) - Bomb blasts ripped through the JW Marriott and Ritz-Carlton hotels in Jakarta's business district on Friday, killing nine people and wounding dozens in attacks that could dent investor confidence in Indonesia. A car bomb also blew up along a toll road in North Jakarta, police said without giving further details. Indonesia's Metro TV said two people had been killed. An unexploded bomb was also later found at the Marriott, police said.

Motorcycle Sales to June Skid by 16%; Yamaha Edges Honda for Market Lead

With cities and villages around the country clogged by devil-may-care bikers, it may come as a surprise that motorcycle sales tumbled by about 16 percent in the first half in 2009. The decline, however, represents improved performance compared with sales of cars and commercial vehicles, which slumped 27 percent in the same period. Figures from the Indonesian Motorcycle Industry Association (AISI) show that 485,174 motorcycles were sold in June, up 6 percent on the previous month.