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QASA Market Updates
  • Afghanistan is attempting to increase trading billateral and investment with Indonesia
  • UNCTAD: Dari Posisi 8, Indonesia Kini Posisi 4 Negara Tujuan Investasi
  • UNCTAD: From 8th Rank, Indonesia is at 4th position as an investment destination country
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    The regional economies will rely more on domestic demand

    Indonesian Life Insurance Companies Association expects life insurance premium will grow 30% next year

    The Asian Development Bank estimates the economic growth of Indonesia to range between 6.3-6.7% next year

    Indonesia’s exports have increased from 80,000 tons to 170,000 tons a month

    Indonesian products are actually possible substitutes for Brazilian products

    Some life insurers plan to increase their market penetration against gross domestic product

    Morgan Stanley plans to set up a brokerage business in Indonesia

    PT Sun Life Financial Indonesia and PT AXA Mandiri Financial Service will boost their Islamic premium revenue contribution next year by issuing new products

    PT Sunlife Financial Indonesia, PT Asuransi Cigna and PT Panin Life will boost its bancassurance premium revenue in 2012

    The Investment Coordinating Board (BPKM) projects direct investments in 2012 to exceed the projected total this year

    Automated teller machine (ATM) and debit card transactions grew higher than credit card transactions, in terms of volume and amount

    Bankers and business groups welcomed Bank Indonesia’s latest plan to revamp credit card rules

    The bank recorded a 58.76% increase of outstanding credit, as small businesses demanded more loans

    The bank hits 2,42 trillion rupiah from fee based income in September 2011

    Financial crisis in Europe predicted to continue until next year

    The Investment Coordinating Board (BKPM) named seven provinces as the top destinations for investment

    Automated teller machine (ATM) network cooperation between PT Bank Mandiri Tbk and PT Rintis Sejahtera will boost transaction volume by 4 million-5 million transactions monthly

    Four insurers plan to expand non-Java market because Java Island has become a saturated market and the competition is getting tighter

    The amount of electronic money in the public until the end of August 2011 reached 11.29 million units

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