Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
China, the once streaking economy in the world is now performing less than satisfactorily, mainly because of the foreign demand in the shape of exports. It is a no-brainer now that China is an export-driven economy and domestic consumption is just a bystander in the way. However, the lack of domestic consumption is the one […]
2011 was not a prosperous year for Southeast Asia in addition to the US and Europe. The 2011 second half brought a debt crisis that devoured the whole continent and the most affected area was the export-dependent Southeast Asian countries. However, two nations out of this sector remained consistent in showing progress, Indonesia and Malaysia. […]
Indonesia’s auto market has plenty of room to grow. CLSA Asia-Pacific Markets estimates the country had 32 vehicles for every 1,000 people in 2010, compared with 123 in Thailand and 300 in Malaysia. Indonesia’s economy and population are bigger than those two Southeast Asian neighbors combined. U.S. carmakers still have a long way to go […]
Officials at Japan’s Suzuki and Nissan cited the future government incentives as an impetus for growth, while South Korea’s Hyundai Motors cited the improving economic environment for its optimism in Indonesia. “Indonesia is so hot for the auto industry because the economy is growing significantly,” said Jongkie Sugiarto, president director of Hyundai’s Indonesian unit. The […]
Mexican automobile manufacturers Mastretta, showcased their first sports car at the Los Angeles Auto Show on November 17. Mastretta has been involved in car manufacturing for last one decade but only in kit vehicles. However, they took a bold step couple of years ago and plunged into complete car manufacturing. The first MXT marks the […]
