The weakening of Rupiah has not Significant Impact for Piaggio Business in Indonesia

By : Ridwan And Aldi Firhand. A | Monday, March 26 2018 - 22:52 IWST

Piaggio Dealer in Bogor
Piaggio Dealer in Bogor

INDUSTRY.co.id - Jakarta, Rupiah rate back recorded weakened throughout the week yesterday. But, it has not significantly affected PT Piaggio Indonesia.

"In recent times, the rupiah exchange rate against foreign currencies has weakened, but until now it has not shown any significant effect," said Edo Januarko Chandra as Sales & Dealer Development Director of PT Piaggio Indonesia in Bekasi, Monday (26/3/2018 ).

He added, indeed the weakening of the rupiah a bit much will bring effect to our company's business.

"Because after all our products are brought in CBU (Complited Build Up) from Vietnam and Italy, but the condition is still under control," he explained.

According to him, until now there is still no plan to raise the price of all Piaggio products. "We also have not planned to raise prices because all are still in controlled condition," said Edo.

Edo optimistic rupiah weakening against foreign currency will not be protracted. "We are optimistic that the rupiah will be stable again and will not bring significant effect to our business," he said.

News Comment

Today's Industry

Totolink outlet. (Photo: Public Relation of Totolink)

Kamis, 11 Juli 2024 - 22:08 WIB

Totolink Strengthens Commitment to Innovative and Reliable Network Solutions for Indonesia

Marking a strategic step, Totolink Indonesia proudly announces the enhancement of its head office in Jakarta, located at Harco Mangga Dua Blok E No.28, Sawah Besar, Central Jakarta.

The President Commissioner of Bersama Digital Data Centres (BDDC), Setyanto Hantoro (fourth right) and The President Director of BDDC, Angelo Syailendra (third right) during the BDDC JST1 Inauguration Ceremony in Jakarta on Wednesday (10/07/2024).

Kamis, 11 Juli 2024 - 19:03 WIB

BDDC Inaugurates JST1 TIER IV Data Centre in Jakarta to Strengthen Digital Infrastructure

Bersama Digital Data Centres (BDDC), an in-town data centre provider with interconnectivity and integrated digital systems, inaugurated its 5 MW Tier IV data centre facility, JST1 (Jakarta Selatan…

The Board of Directors of PTT Global Chemical (GC) pose for a group photo after receiving the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin. (Photo: GC Public Relations)

Kamis, 27 Juni 2024 - 15:30 WIB

Global Chemical Achieves Prestigious SNI Certification for InnoPlus Polyethylene Resin

PTT Global Chemical (GC) is proud to announce its successful attainment of the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin.

 Financial Literacy

Rabu, 26 Juni 2024 - 22:47 WIB

The Importance of Financial Literacy

Financial literacy refers to the ability to understand and use various financial skills effectively, including personal financial management, budgeting, and investing.

Unveiling New Opportunities

Rabu, 26 Juni 2024 - 14:52 WIB

Unveiling New Opportunities

As we step into 2024, the cryptocurrency landscape continues to evolve, presenting unprecedented opportunities for investors, developers, and enthusiasts.