Tag: source: indonesia-investments.com

Indonesia’s manufacturing activity improved in April 2018, touching its fastest growth pace in 22 months, on the back of strengthening domestic demand. The Nikkei Indonesia Manufacturing Purchasing Managers’ Index (PMI) rose to a reading of 51.6 in April 2018, up from 50.7 in the preceding month (a reading above 50.0 indicates expansion in manufacturing activity, while a reading below 50.0 indicates contraction).

The world is now experiencing Industry 4.0 and therefore Indonesia needs to be well prepared to join the new trend. Industry 4.0 is expected to result in very rapid and wide transformations. As such, countries, including Indonesia, need to be ready.