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- 헤브론스타 뉴스레터 7월호를 소개하여 드립니다.
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- 2015-08-11
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Transforming Indonesia’s Social Security Giant BPJS Ketenagakerjaan, born out of the former Jaminan Sosial Tenaga Kerja (JAMSOSTEK), handles close to Rp. 200 Trillion in funds on behalf of its 16.7 million members. Now a government agency rather than a stated-owned enterprise, it has been given teeth to make sure that employ ers contribute on behalf of their workers.
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| Growth Aspirations | ||
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Sequis is one of the top ten life insurance companies in Indonesia but it wants to jump into the top three. It plans to do so through both organic and inorganic growth, levering on the expansion of Indonesia’s middle class and reinforced by its tie – up with world se venth – ranked insurer Nippon Life.
Tatang Widjaja as President Director PT. Asuransi Jiwa Sequis Life said,” Sequis which is among the top ten life insurers in the country by assets, intends to create new lines of business, including general insurance and asset management. He described the company’s condition now as over-capitalized, with the appetite to acquire a company to support its ambitious expansion plan s after it entered into a strategic partnership with Japanese investor Nippon Life that resulted in an injection of Rp. 4.78 trillion. | ||
| E-Commerce : Business is Booming | ||
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The digital shopping space is becoming increasingly cworded. Elevania, a joint venture between South Korea’s online marketplace SK Planet and mobile provider XL Axiata is seeing strong growth in transactions. It started modestly, with around 500,000 products and 6,000 sellers.
Meet Junsung Lee, chief executive of Indonesia online marketplace Elevania. Hailing in South Korea, he prefers to be called James and is one of those who have thrown off any doubts about Indonesia potensial. His company is already starting to tap the country’s huge e-commerce potential. While he acknowledge that internet infrastructure is still far from ideal, ways exist to tackle that problem. | ||
| Effecticiency and collaboration | ||
| The digital shopping space is becoming increasingly cworded. Elevania, a joint venture between South Korea’s online marketplace SK Planet and mobile provider XL Axiata is seeing strong growth in transactions. It started modestly, with around 500,000 products and 6,000 sellers. Meet Junsung Lee, chief executive of Indonesia online marketplace Elevania. Hailing in South Korea, he prefers to be called James and is one of those who have thrown off any doubts about Indonesia potensial. His company is already starting to tap the country’s huge e-commerce potential. While he acknowledge that internet infrastructure is still far from ideal, ways exist to tackle that problem. | ||
| Contrarian View | ||
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Indonesia has budgeted 7% of its annual spending on defense over the past two years in an effort to revamp its aging military arsenal. Military spending was increased by 3.3% to Rp 97 trillion ($ 7.8 billion) in the 2015 state budget – the equivalent of roughly 1.2% of Ind onesia’s gross domestic product – with 40% of it allocated to weaponry and equipment.
Beside, Sweden aerospace and defense weapon company Saab has become one of the biggest beneficiaries of this trend, where 80% of its sales are located outside of the company’s homeland. Over the next seven decades, the company developed to operate six main business areas; aeronautics, dynamics, electronic defense systems, security and defense systems, support services as well as industrial products and services – maintaining the so-called Swedish sense of innovation which hinges on the idea of efficiency at all cost. | ||
| Survey : The Second Quarter Economic Growth Slow | |
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