Day: February 11, 2016

Harley Davidson closes down in Indonesia

A weakening currency and unsupportive government regulations have forced PT Mabua Harley Davidson, the sole dealer of Harley Davidson motorcycles in Indonesia, to let its agency license expire. The company says that since 2013, it has been burdened by the constant weakening of the rupiah exchange rate, which has dropped by 40 percent, and tax increases

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