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Honda vehicle sales in 1997 totaled 6,872 units (up 7% over 1996) but declined by 83% in 1998, to 1,182 units, mainly due to the economic crisis that hit the Southeast Asian region. In 1999, Honda Motor Co., Ltd. established a joint venture company called PT Honda Prospect Motor (HPM) on 15 February 1999.
Sinar Indonesia Baru (New Rays of Indonesia, also known by its abbreviation SIB) is an Indonesian daily newspaper published in Medan, North Sumatra.The newspaper was founded on 9 May 1970 by GM Panggabean, a former contributor at Waspada; [1] [2] it claims itself as the only newspaper founded by a Bataknese. [3]
Medan (/ m ɛ ˈ d ɑː n / meh-DAHN, Indonesian: ⓘ) is the capital and largest city of the Indonesian province of North Sumatra. [7] The nearby Strait of Malacca, Port of Belawan, and Kualanamu International Airport make Medan a regional hub and multicultural metropolis, acting as a financial centre for Sumatra and a gateway to the western part of Indonesia.