Asia Financial Services

The country’s regulator for the capital markets, Bapepam, has developed and carried out a series of master plans that will guide and pace the development of the Indonesia Stock Exchange (IDX) and other local financial platforms. The current master plan, which was introduced in October 2010 and addresses 2010-14 period, begins with a reflection on...

The large low-income consumer market has become a testing ground for many industries in Indonesia, and insurance is no exception. The microinsurance segment, although still marginal relative to the industry as a whole, has recently been attracting the attention of mainstream underwriters in this regard. With over half of Indonesia’s population...

THE COMPANY: Aneka Tambang (ANTM) is a vertically integrated, export-oriented, diversified mining and metal company in Indonesia. It is a state-owned enterprise in which the government is a majority shareholder, with 65% of the shares. The remaining 35% shares belong to public investors. The company does...

Home to the world’s largest Muslim population, Indonesia is in theory fertile territory for the development of Islamic finance, the practice of lending, investment, finance and insurance without interest rates or speculation. Still, in the South-east Asian region, it is neighbouring Muslim-majority Malaysia, which is a fraction of the size of...

THE COMPANY: AKR Corporindo (AKRA) is the largest private distributor of petroleum products and basic chemicals in Indonesia, with an extensive logistics and supply network, covering 15 sea and river ports. Five of the river ports have storage tank terminals with more than 543.14 kl. AKRA serves customers...