Indonesia
Indonesia needs a little tech to boost insurance penetration
When compared to GDP, insurance penetration in Indonesia is 1.4%, which is low relative to ASEAN.
Indonesia needs a little tech to boost insurance penetration
When compared to GDP, insurance penetration in Indonesia is 1.4%, which is low relative to ASEAN.
Lotte Mart CEO unveils store revamp strategy
Store layout revised, prioritising FMCG at the front now occupying 80% of space up from 70%.
CIMB Niaga leads the way in captivating Indonesia’s youth
The bank’s digital solutions are winning over younger generations with 3.2M mobile users and 96% digital transaction rate in 2023.
CEO unfolds how Indonesian firms can focus on growth amidst new regulations
Whilst the market drives towards growth, new rules shrink insurer presence.
BCA sets benchmark in Indonesia’s microfinance sector
Innovative approaches reflect the bank’s commitment to pushing financial inclusion and fostering economic growth.
Indonesia's money supply falls 6.9% YoY in April
Thanks to disbursed loans and net claims.
Indonesian banks all aboard in driving financial innovation
Asian Banking and Finance Forum brings together banking leaders with a shared vision.
Demand for digital payments growing in Indonesia
Two digital financial service leaders underscore collaboration over competition.
Indonesian shipbuilding market set for major growth by 2028
In 2028, the Indonesian shipbuilding market is forecast to have a volume of 52,300 gross tonnage, an increase of 16.8% from 2023.
Dharmais Cancer Hospital leads cancer treatment innovation in Indonesia
CEO Soeko Werdi Nindito Daroekoesoemo unveils advanced technology and seven flagship programmes for cancer treatment.
AXA Mandiri’s Shariah insurance fosters mutual assistance amongst participants
Risks are shared and covered collectively by all Participants (Takaful) to mutually help one another.
BRI Life relies on bancassurance channels amidst increasing demand for insurance
As of November 2023, the bancassurance channel contributed 81% of BRI Life’s total premium revenue.
Pupuk Kaltim CEO takes pride in SNI-quality products
The Indonesian leader in fertiliser manufacturing says it’s a company and industry commitment.
Allianz Syariah flexes Sharia insurance for all Indonesians
The low level of Sharia financial literacy and inclusion has driven companies to implement both short-term and long-term measures.
What Makes BNI's API Service Stand Out in the Open Banking Era?
Until December 2023, the bank's application programming interface attracted 4,000 customers and generated transactions worth IDR 828 trillion in the past year.
Bank Jago’s life-centric approach suits new style of financial management
The tech-based bank has assisted more than 10 million Indonesians through seamless integration into the digital ecosystem since 2021.
Innovating with natural ingredients, Mustika Ratu dominates Indonesia’s beauty market
Self-care products represented over 91% of third quarter sales in 2023.
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