The Banking & Insurance sector – often referred to as the lifeblood of the real economy – is of vital importance in the modern credit-driven economic growth model. Among its functions are intermediation between savers and borrowers, ensuring funds are allocated efficiently; support of payment and settlement systems that facilitate trade and international economic relations; and provision of various products that mitigate risk and uncertainty. The accelerating pace of technological change, stricter regulation and shifting consumer habits are reshaping the traditional banking model and pushing the sector towards innovation-led growth.
Activities associated with Banking & 🐼Insurance are depositary and non-depo🍰sitary credit intermediation and related activities, investment banking, securities brokerage, commodity contracts dealing and diverse financial investment activities. The sector also includes insurers, re-insurers and insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
The Indonesian food and beverage (F&B) manufacturing sꦜector contributed 6.4% to the country’s nominal GDP in 2019. The significance of the sector for Indonesia’s economy has been proven by the fact that F&B is one of ...
极速赛车168开奖官网开奖:View more detailsThe transportation sector accounts fo🥀r 5.6% of the country’s GDP but its indirect contribution is much larger given its status as an enabler of faster economic growth. The road modal dominates with 44% of the total ...
极速赛车168开奖官网开奖:View more detailsThe government of Indonesia recognises ꦫthe tourism industry as a vital driver of economic growth and is trying to work towards its development. The sector is being seen as much as an important contributor to employment as ...
极速赛车168开奖官网开奖:View more detailsIndonesia’s insurance sector generates less than 1% of the country&rsqওuo;s gross domestic product (GDP). Its penetration and density rates are below the average for the region. With gross insurance premiums at 1.99% of GDP versus 3.9% ...
极速赛车168开奖官网开奖:View more detailsThe real estate and constructioꦺn sector in Indonesia has a priority in the government’s policy agenda. Because of this, the sector’s importance in the economic growth and job creation has increased in recent years. In 2019, ...
极速赛车168开奖官网开奖:View more detailsThe oil and gas sector is an important driver of growth for the enꦗergy-hungry Indonesian economy. However, the sector’s contribution to the domestic economy has declined over the past couple of years reflecting ...
极速赛车168开奖官网开奖:View more detailsSoꦦutheast Asia holds an estimated 45.7 Bbbl of crude oil reserves as of end-2019,🌌 according to data published in the 2020 edition of BP Statistical Review of World Energy. This translates into a global share of 2.6% ...
极速赛车168开奖官网开奖:View more detailsIndones💃ia’s banking sector is growing fast but remains underpenetrated compared to other large Asian economies. The biggest economy in Southeast Asia, Indonesia has the lowest bank asset penetration ratio in the region at just 55% in ...
极速赛车168开奖官网开奖:View more detailsThe information and communication sector’s contribution to Indonesia’s economy has gradually increased over the past few ൲years but still makes up a tiny share of the country’s GDP of just 4% in 2019. Telecoms ...
极速赛车168开奖官网开奖:View more detailsThe Asian region is home to some of the world’s biggest automotive brands, which has eventually resulted in the birth of local brands in some of the countries. The Asi𝐆an countries featured in this report – China, India, Thailand ...
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