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Food and beverage sales in Indonesia are projected to reach Rp 167 trillion to Rp 168.6 trillion in the second quarter of 2012

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QASA Market Updates
  • Investment on heavy equipment reaches US$300 million
  • Sharia Insurance Industry Premium Estimates To Grow 30%
  • Sharia insurance to be standardized this year
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    • Daily Updates

    Bank Indonesia is reviewing to spin-off investment banking from commercial banking.

    On the first three months of 2011, consumer credit growth slowed down, as it fell to 13.2% compared to the same period last year.

    Record car sales in Indonesia helped fuel 50 percents growth in Sharia-compliant banking assets last year and Islamic lenders are setting up booths at automobile shows to further develop the market

    Remittance and money transfer from China will be easier because Bank Mandiri will open its branch in Shanghai that will start operating at the first semester in next year.

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