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Life Insurance in Indonesia, Key Trends and Opportunities to 2018
Friday, May 16, 2014 06:13:02
The life insurance segment in Indonesia accounted for 76.3%, of the total gross written premiums in 2013, after posting a CAGR of 21.9% during the review period. The growth was mainly generated from the strong performance of individual life products such unit-linked and endowment insurance. It is expected to grow in terms of written premium at a forecast-period CAGR of 15.8%. (78 clicks)
Hunton & Williams Presents ‘Business Without Borders’ in Jakarta
Friday, May 16, 2014 01:32:27
Hunton & Williams LLP, in coordination with the US Chamber of Commerce, recently issued 'Business Without Borders: The Importance of Cross-Border Data Transfers to Global Prosperity'. On May 20 and 21, the reports will be introduced at a two-day workshop in Jakarta, hosted by AmCham Indonesia and the US Chamber of Commerce, in coordination with local Indonesia associations. (206 clicks)
Personal Accident and Health Insurance in Indonesia, Key Trends and Opportunities to 2018
Thursday, May 15, 2014 08:32:07
In terms of gross written premium, the Indonesian personal accident and health insurance segment accounted for 5.6% of the country's total insurance industry in 2013. The segment's gross written premium recorded a compound annual growth rate (CAGR) of 16.0% during the review period (2009-2013). The segment's value is projected to increase at a CAGR of 11.5% over the forecast period (2013-2018). (77 clicks)
Starwood to Debut Four Points by Sheraton Hotel in Makassar
Thursday, May 15, 2014 08:00:35
Starwood Hotels & Resorts Worldwide Inc announced that its fast-growing Four Points® by Sheraton brand will debut in Indonesia. Developed by IMB Group, Four Points by Sheraton Makassar is scheduled to open by May 2015, and will mark Starwood’s entry onto the island of Sulawesi. (105 clicks)
Car Industry Acutely Influenced by Social and Digital Shopping Habits
Wednesday, May 14, 2014 02:39:18
A study of more than 10,000 consumers by Capgemini revealed that the new generation of connected customer is now exerting a substantial influence on innovation within the automotive industry. The Cars Online study, based on a survey conducted across consumers covering 10 countries: Germany, France, UK, USA, Brazil, Russia, India, China, South Korea and Indonesia. (292 clicks)
Indonesia Construction Equipment Market 2014-2018
Tuesday, May 13, 2014 10:09:41
The growing competition among construction equipment vendors is forcing vendors to differentiate themselves by providing innovative and value-added services. Therefore, construction equipment vendors are offering equipment on lease. Hence, some construction equipment vendors have started offering equipment on a rental basis. (278 clicks)
Asia Pacific In-Vitro Fertilization (IVF) Market 2014-2020
Thursday, April 10, 2014 08:36:16
The Asia Pacific 'in vitro fertilization' (IVF) market, valued at $1.3 billion in 2012, is estimated to reach $4.2 billion by 2020. Delayed pregnancy in women is one of the major driving factors of the IVF market, as the chances of conceiving lowers with age. The success rate of getting pregnant with IVF technique is higher in the age group of 35-39.  (82 clicks)
Shiseido and Sinar Mas Establish PT Shiseido Cosmetics Indonesia
Thursday, April 10, 2014 06:32:49
Shiseido has concluded a joint venture agreement with PT Sinar Mas Tunggal, a group company of the Indonesian conglomerate, Sinar Mas Group. Shiseido Co., Ltd. and the Sinar Mas Group will hold equity shares of 65% and 35%, respectively of the newly established PT Shiseido Cosmetics Indonesia. (229 clicks)
CG Wins USD 29 Million Order to Upgrade the Indonesian Electricity Grid
Thursday, April 03, 2014 08:42:53
Avantha Group Company CG’s Power Transformer plant at Indonesia has won an order worth USD 29 million from PT PLN Indonesia to supply Extra High Voltage transformers for its Indonesian electricity transmission network. The order involves supply of 500kV, 275kV and 150kV power transformers, which will be installed across PT PLN’s transmission network in Java and Sumatra islands. (71 clicks)
LivingSocial Sells Southeast Asia Business to iBuy Group
Tuesday, April 01, 2014 08:55:20
LivingSocial today announced that it has sold its Southeast Asia businesses to iBuy Group, a leading e-commerce business in Southeast Asia. Per the terms of the agreement, iBuy Group acquired Ensogo Holdings Ltd and its subsidiaries for $18.5 million in cash plus assumed liabilities. Ensogo and its subsidiaries include all of LivingSocial’s business operations in Thailand, Malaysia, Indonesia, and the Philippines.  (227 clicks)
Cinemaxx to Roll Out 100 Dolby Atmos Screens in Indonesia
Monday, March 24, 2014 12:13:43
CinemaCon 2014—Dolby Laboratories, Inc and Lippo Group announced today that Cinemaxx, a new exhibitor under Indonesia’s Lippo Group, has committed to installing Dolby Atmos in 100 cinema screens over the next three or more years, with 30 of the 100 screens scheduled to be launched by the end of May 2015. (115 clicks)
Cinemaxx Selects MasterImage 3D for Rollout of 3D Screens in Indonesia
Monday, March 24, 2014 01:47:24
MasterImage 3D, provider of pioneering 3D solutions for theaters, announced a partnership with Cinemaxx, a subsidiary of Indonesia’s Lippo Group, to provide 3D cinema systems for Cinemaxx’s rollout of cineplexes across Indonesia.  (105 clicks)
Hilton To Open Waldorf Astoria Jakarta in 2018
Wednesday, March 19, 2014 11:21:21
Hilton Worldwide announced the signing of a new management agreement with PT Putragaya Wahana to introduce the Waldorf Astoria Hotels & Resorts property in Jakarta, Indonesia. Scheduled to open in 2018, the 181-key Waldorf Astoria Jakarta will be the second property of the legendary luxury brand’s portfolio in Indonesia. (71 clicks)
Accenture Opens New Innovation Center for Financial Services in Jakarta
Sunday, March 16, 2014 09:41:53
Accenture has opened an Innovation Center for Financial Services in Jakarta to showcase leading digital and mobile-banking innovations designed to support strategic growth for banks and financial service providers in Indonesia. (238 clicks)
Indonesia and Vietnam Pose High Risk for Oil & Gas Companies
Freeport Announces Resumption of Exports from Indonesian Subsidiary
Swift Energy and PT Saka Energi Indonesia to Develop South Texas Gas Field
Technip and Wijaya Karya Secures Onshore Contract for the Matindok Gas Development Project
McDermott Consortium Selected in Gendalo-Gehem Tender Process
Indonesian Automotive Industry, Market Opportunities to 2018
Car Industry Acutely Influenced by Social and Digital Shopping Habits
Indonesia Construction Equipment Market 2014-2018
Indonesia Q1 2012 Car Sales to Remain on a Positive Growth Path
Passenger Vehicles Market in Indonesia Poised to Reach 1 Million in Automotive Sales
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