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Banking and insurance
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 deposit💛ary and non-depositary 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.
Indonesia has abundant mineral resources and ౠis a major supplier to global markets of bauxite, tin, nickel, copper, zinc, lead, gold and coal. The country holds the world’s largest nickel reserves and was the top nickel producer in 2019. ...
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Healthcare remains in inadequate supply throughout most of the SEA region. The shortage is especially evident in healthcare human resources; for instance, apart from Malaysia and China, all the countries in the SEA region have fewer than 1 ph🏅y🎃sician ...
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Indonesia is home to the largest automotive market in Southeast Asia. Nearly 7.5mn mot🍒or vehicles were sold in the country in 2019. More than two thirds of these, however, were two-wheelers. Low incomes make passenger-car ownꦛership difficult for most ...
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Indonesia is the world’s third largest producer and consumer of rice and the largest producer of palm oil. The country is also the third largest producer of cocoa and ranks second in terms of wheat imports. ♋Given its large population, Indonesia ...
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Although Indonesia has abundant metal resources, its metal-processing sector is underdeveloped. The country has mainly exported lower value-added minerals and imp🎀orted higher value-added metal products. To squeeze more value from its metal ores and ...
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Coal dominates Indonesia’s electric power sector a๊s the country has abundant and cost-efficient coal resources. Coal power plants accounted for 51% of the total installed capacity and generated 60% of the electric power in the country in 2018. ...
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Indonesia is the world’s fourth most populous c🧜ountry, so its retail sector is an attractive destination for investors. A 2019 ranking by A.T. Kearney placed the country as the fifth most attractive retail emerging market. The ...
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The Indonesian food and beverage manufacturing sector is an important source of economic growth and is seen by the government as a strategically important industry. It▨ contributed 6.3% to the nominal GDP in🍰 2018 and expanded faster than the overall ...
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Indonesia has one of the fastest-growing pharmaceuticals and heal꧑thcare sectors in the ASEAN region, in large part due to the government’s active role in encouraging development. Still, Indonesia’s healthcare services provision is ...
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