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

Cagub Jabar Kang Hasan (Foto Dok Industry.co.id)

Sabtu, 21 April 2018 - 15:30 WIB

Gathered together, Kang Hasan Listen to Cirebon Fisherman Complaints

Cirebon - Fishermen have an important function as the backbone of the national fishery industry, which requires optimal attention from the government. One of them related to the life of fishermen…

Ilustrasi Investasi Bodong (Foto Dok Industry.co.id)

Sabtu, 21 April 2018 - 15:00 WIB

Alert, Four Modes of Troubled Business Activities Harm the People

Jakarta - The Task Force on the Handling of Alleged Legal Actions in the Field of Funds Collection and Investment Management describes four modes of problematic business activity and potentially…

Ruang Terbuka Hijau Bandung (foto Ayobandung.com)

Sabtu, 21 April 2018 - 14:30 WIB

Losses From Alleged Corruption RTH Bandung Rp 26 billion

Jakarta - Indication of state losses from corruption allegation cases Land acquisition for Green Open Space (RTH) in Bandung city government in 2012-2013 reached Rp26 billion.

Ketua KPK Agus Rahardjo (Foto Dok Industry.co.id)

Sabtu, 21 April 2018 - 14:00 WIB

KPK Ensures Three Suspects of Bandung RTH Corruption

Jakarta - The KPK has assigned three suspects of corruption of Land Procurement for Green Open Space (RTH) in Bandung city government in 2012-2013.

Andi Narogong alias Andi Agustinus (Foto Ist)

Sabtu, 21 April 2018 - 13:30 WIB

Supreme Court Incriminates Punishment of Andi Narogong to Become 11 Years

Jakarta - Amar Supreme Court (MA) ruling states to aggravate the imprisonment for convicted cases of electronic ID card project, Andi Agustinus alias Andi Narogong to 11 years.