Founded in 1956, Andalas University is a cornerstone of Indonesia’s higher education sector, pioneering the establishment of a leading educational institution outside Java in Padang, West Sumatra. As the country’s fourth oldest state university, Andalas University continues to be one of the most respected institutions nurturing talented human resources to meet the needs of burgeoning local businesses, well-established multinationals, as well as attracting international students.
Through 15 faculties and 43 departments, Andalas University offers an extensive collection of undergraduate programs in addition to 28 masters degree programs and six PhD programs. In fulfilling the academic potential of the 25,000+ students currently enrolled, the university adopts an internationally-recognized method of student-centered learning to encourage active participation in the classroom as well as during field training. Such commitment to academic excellence positions Andalas University as one of only two institutions outside of Java to have obtained ‘A’ accreditation, a notable feat supported by more than 440 PhD holders in the university’s teaching staff.
As an educational institution set against the backdrop of a unique Minangkabau culture and West Sumatra’s strong agrarian tradition, Andalas University’s academic blueprint is also tailored to be in harmony with its surroundings. The university has thus made available a broad selection of topics in keeping with the region’s immense agricultural potential, dynamic economic growth, as well as in embracing its heritage.
Andalas University is broadening its horizon to take a more international approach to learning at the tertiary level. The university currently hosts more than 150 international students and maintains a fast-growing list of joint research projects, faculty exchanges, and other forms of international collaboration.
Founded in 1973, PT ASDP Indonesia Ferry is Indonesia’s foremost provider of roll-on/roll-off ferry transport services. As the only state owned enterprise in the sector, the company takes upon the responsibility of ensuring affordable sea transportation and logistics for the public throughout the archipelago. Owing to its heritage as a pioneer of routes into previously inaccessible parts of Indonesia, ASDP Indonesia Ferry’s commercial operations now tap into the largest network of domestic trajectories among local ferry businesses and serve as a medium for Indonesian trade between islands.
ASDP Indonesia Ferry’s well established presence in the passenger and cargo vessel industry is consolidated through its port management services. The company presently oversees the day-to-day operations of 34 major ferry ports. A one-stop-shop for all vessel needs, these facilities make available international standard port services including streamlined loading and unloading to allow for the seamless movement of goods and passengers from ferry to dock. ASDP now stands ready to take upon larger projects as the next phase in its development into a name synonymous with first rate logistics and port management services in addition to ferry transportation.
ASDP Indonesia Ferry’s commitment to expanding its operations comes at a time in which the flow of goods between ASEAN countries is projected to reach new heights. Beyond its plans to evolve into a major player in port management, ASDP will take upon an active role in regional integration and connectivity by introducing new routes between ASEAN member countries. Having reaped the rewards of a captive market in carrying out its diversification strategy, ASDP Indonesia Ferry now has its sights set on catalysing the emergence of maritime services as the future of Indonesia’s transportation and logistics industries.
Bahana Pembinaan Usaha Indonesia (Persero) is among Indonesia’s foremost players and respected brands in the finance sector. The group is comprised of award winning corporate units in securities and investment management as well as longstanding operations in venture capital. Founded in 1973, the state owned enterprise plays an enduring and integral role in the growth of Indonesia’s capital market through pioneering the introduction of new investment instruments and by collaborating with regulators to shape a conducive environment for investors.
Bahana’s far-reaching influence has made it the partner of choice for institutional investors and leading companies for navigating and succeeding in Indonesia’s financial sector and capital market. Driven by the underpinning goal of further deepening Indonesia’s capital market, Bahana taps into its expansive local as well as international investor network and proven strength in effective strategy creation when serving as the underwriter, guarantor and executor of landmark stock issuances. Bahana has thus positioned itself as the go to brand for corporate financial services in Indonesia, renowned for its unrivalled expertise and attracting the best talents in the industry. To date, the group’s securities subsidiary has undertaken the successful listing of notable state owned enterprises and private companies including Krakatau Steel, Wijaya Karya Beton and Sritex.
With existing international ties in Japan and the USA, Bahana now plans to strengthen its role in serving as a bridge for foreign investors, supported by its recognised research team. The group’s long term strategy will also see it expand its capacity to serve Indonesia’s burgeoning retail sector through online trading platforms and further innovations that will place the company among the top 3 financial service providers in the country.
Mutiara Bank was previously known as Bank Century and has since been restructured in the lead up to being acquired in late 2014 by J Trust Co., Ltd (J Trust) – a Japan-based holding company with a wealth of experience in the global financial industry. Under new leadership, Mutiara Bank is on the precipice of a corporate evolution that will soon see it rebranded as Bank J Trust Indonesia, and strengthen its position as a leading bank in Indonesia with an emphasis on the retail and SME segment.
To better meet growing local demand for trusted banking products and services, Mutiara Bank is investing in the latest IT technology and systems for greater efficiency and to significantly enhance customer convenience such as through internet banking and branchless banking. Under the guidance of J Trust, the bank strives to adhere to strict international standards of operation and in this regard positions itself to serve as the financial institution of choice for cross border transactions, with a specialized understanding of markets in East Asia.
The successful implementation of new internal processes is predicated on the bank’s ability to synergize its corporate culture with the values of its parent company. A shared focus on encouraging integrity, transparency and innovation at all levels of operation ensures a seamless transition for Mutiara Bank in working with fresh ownership to assume an industry leading role not only in Indonesia, but on the regional stage as well.
Going forward, Mutiara Bank will stand as the cornerstone and foundation of J Trust’s growing presence in Southeast Asia. With the integration of the ASEAN’s banking industries set to take place over the coming years, the bank will prosper from a wider scope of opportunities to tap into its extensive branch network and advantageous position within high return segments.
Bank Muamalat was established in 1991 as the pioneer in Indonesia’s Islamic banking industry and remains the largest standalone, purely shariah bank in the sector holding a unique market position. The bank enjoys a nationwide presence throughout Indonesia with a burgeoning branch and ATM network throughout the archipelago’s main islands and high growth commercial centres which continues to evolve with the needs of the retail and corporate market. Test.
As a leading Islamic bank in Indonesia, Bank Muamalat attracts and retains Indonesia’s most prominent shariah banking professionals, many of which have been with the bank since inception. The bank’s independent status coupled with its highly experienced talent pool has provided the foundations on which it has been able to spearhead new financial instruments in Indonesia such as the launching of the nation’s first sukuk as well as becoming a major lender to frontier industries such as renewable energy and rural SMEs.
The Bank Muamalat brand has been instrumental in consumer education of Islamic banking products and has become synonymous with the sector for consumers in Indonesia. As Indonesia’s Islamic banking sector is poised to enter a new phase in its development, Bank Muamalat has strategically realigned itself with the renewed needs and aspirations of the Indonesian market through the updating of its brand message and service culture, enhancing its IT system and thus how it interacts with customers as well as refocusing its strategy on its proven core strengths. From a strong capital base, Bank Muamalat is positioning itself to play a central role in accelerating Indonesia’s Islamic banking industry and realising the country’s economic potential.
Established in 1992, Bank Victoria is a leading private commercial bank based in Jakarta. Listed on the Jakarta Stock Exchange, the bank serves individual customers as well as corporations from across the Greater Jakarta area. Supported by its implementation of sound corporate governance policies, the bank is well-known for providing banking and other financial and risk management services to Indonesia’s MSME sector. As such, Bank Victoria offers a comprehensive array of personalised products and services that cater to the specific needs of this segment. The bank attributes the strength of its cooperation to the development of its Good Corporate Governance principles (GCG); of which Bank Victoria’s self-assessment was positioned in the 'Good' category. Through this constant self-assessment of its performance and customer-centric service, Bank Victoria has established a loyal customer base as evident from the increasing number of third party funds which totalled 17.17 billion IDR in 2015, an increase of 6.15% from 16.17 billion IDR from 2014. Implementing effective corporate governance has been critical to the sound functioning of the bank and in doing so; Bank Victoria promotes public image confidence among stakeholders and shareholders as well as operating with better efficiency. This is showcased through the robust and transparent decision-making process and risk management policies adopted by its Board of Directors and other senior level management. Under such leadership, Bank Victoria’s dynamic and adept workforce is able to respond to changing external regulations, and in turn provide quality services to its clients. This is highlighted through its efficient and fast system for credit and loan applications, illustrating Bank Victoria's understanding for the importance of a fast and reliable loan disbursal service to its individual and corporate clients. Building on this understanding, the bank has broadened its products and services portfolio to cater to the increasingly tech-savvy MSMEs; part of this scope includes the establishment of a shariah entity in addition to a mobile and internet banking service. With many MSMEs having established an e-commerce presence, the bank looks to take advantage of this platform by providing a comprehensive on-demand service. This will provide greater financial convenience for customers in addition to benefitting the bank through supply chain financing as e-invoicing and e-purchasing systems become better integrated. Indonesia, having one of the largest unbanked populations among its peers in the ASEAN presents a considerable opportunity for financial institutions looking to expand their customer base. Going forward, Bank Victoria will continue to extend its reach across the archipelago through its distinct personalised approach to every customer.
Established in 1977, Batik Priatampan is an Indonesian manufacturer, retailer and exporter of batik fabrics and garments. The company proudly adheres to the traditional techniques used in the production of batik utilising malam (hot liquid wax), cap (copper stamps), as well as tulis (hand-written batik); processes that require the utmost precision and skill to create painstakingly detailed motifs. As such, generating more than 320 designs and exporting some 1,250,000 yards of fabrics per year, Batik Priatampan is developing new ways to preserve and showcase the potential of producing high-quality, value-added products from this age-old art form for the international textile and fashion industries. Gaining inspiration from the colours and patterns of international cultures, Batik Priatampan provides a new perspective on batik by incorporating designs of everyday objects such as flowers, tiles, marbles, and glass shards to create truly contemporary motifs. Coupled with its capacity to also modify existing designs provided by clients as well as implementing stringent quality control measures — the business has its own in-house water treatment plant — the company’s batik fabrics have become sought-after by large textile companies in the USA and Canada and are used as quilts or manufactured into garments — several designs have already been patented in the USA and there are future expansion plans to export its fabrics into Europe. Supporting the company’s batik export division is its highly proficient retail arm. Collaborating with American designer Deborah Lunn, the company’s collection of men’s and women’s batik shirts, blouses, and trousers, have become popular in major department stores in Indonesia such as Centro, as well as international e-retailer Zalora. Conscious of the niche market for contemporary batik clothing, the Batik Priatampan brand targets an increasingly fashion-forward generation of local consumers. With Indonesia’s creative sector seen as a key component in moving the country towards a more knowledge-based economy, Batik Priatampan’s batik products can thus serve various industries both locally and abroad from fashion and handicrafts, to home decor; illustrating the untapped opportunities for this unique creative medium.
Binabusana Internusa Group (BBI Group) was founded in 1989 to cater to the international export market for garment manufacturing and in 1994, the company began focusing on the domestic market to manufacture for local fashion brands; immense success on the local and international markets enabled the Binabusana Internusa Group to establish six business units namely: Binabusana Internusa Unit Pulogadung for retail in addition to Binabusana Internusa Unit Cakung, Binabusana Internusa Semarang, Apparel One Indonesia Factory 1, Apparel One Indonesia Factory 2, and Kreasindo Adibusana for manufacturing. As a member of the national flagship Triputra Group, Binabusana Internusa has evolved rapidly to offer a comprehensive range of fashion apparel, sportswear and high-performance uniforms for multinational brands as well as private-label clients. The company’s four business units and manufacturing facilities are strategically located in the cities of Jakarta, Bogor and Semarang. Each production facility boasts cutting-edge machinery, garment laboratory, printing space, sewing and cutting rooms as well as warehousing provisions. Among its list of modern garment manufacturing equipment are automated sewing, spreading, and cutting machines in addition to designated areas for printing and embroideries. Moreover, the company has setup large-scale warehousing units and a garment laboratory that is led by BBI Group's adept R&D division. As such, BBI Group has the capacity to manufacture 30 million pieces annually, manned by over 12,000 highly-skilled staff. BBI Group's streamlined production facilities provide the company with an upper-hand in the industry as it strives to serve as a 'one-stop solution' for local and international fashion brands. Adherence to the most stringent quality control and operational standards has facilitated BBI’s international export presence throughout the United States, Africa, Middle East, Europe, Asia, as well as Indonesia. The company manufacturers for globally recognised sportswear brands including Adidas, Puma, Mizuno, Ralph Lauren and Esprit; children's fashion brands The Limited, Mauricess, Lane Bryan, Adidas Neo; and uniforms for hospital groups, structural fire fighting suits, functional uniforms, and office attire. The company has also carved out a unique position within the high-end uniform industry through an unrelenting focus on quality, performance and innovation through utilising the latest technologies. This has made it a trusted supplier to the most demanding clients worldwide including the military, air force and fire service among others. BBI Group has drawn on its wealth of experience in the fashion apparel and sportswear industry to develop its own retail brands – Valino, Harry Martin, Sierra Morena, Kent & Crew – for ladies and menswear for the local and regional market as well as establishing joint ventures for new apparel brands with international partners such as Van Heusen and Arnold Palmer. As such, the company has established a strong domestic retail presence with 22 dedicated branded outlets and 512 sales counters that can be found in middle to upper market segment shopping centres and department stores as well as 1 showroom across Indonesia. Looking to the future, the company will continue to expand its production capacity through utilising the latest modern technology in clothing manufacturing in order to grow its customer base and tap into new opportunities in the global apparel industry.
PT Bank BNI Syariah was established in 2000 as a shariah unit of PT Bank Negara Indonesia (Persero) Tbk (BNI) and subsequently spun off to form a commercial bank in 2010 that remains a subsidiary of BNI. Since inception, the bank has gone from strength to strength with overall growth of 39.98% (as of December 2015) and reaching a milestone of 25.68 trillion IDR in assets (2Q16) having become a recognised brand within Indonesia’s rapidly growing Islamic banking sector In 2014, BNI Syariah launched an innovative branding campaign that synergises its core values in promoting the concept of Hasanah, or acting in accordance with sound morals and virtuous intentions. Through the use of social media, the bank has since become synonymous with the Hasanah lifestyle not only as it pertains to banking but also for everyday encounters and activities; appealing to a target market of socially conscious consumers. BNI Syariah stands as a modern, forward-thinking bank committed to developing a sustainable shariah banking system in Indonesia by utilising financial expertise to develop products that respond to the needs of the market. The bank’s fresh approach to formulating new products and promotional campaigns have proved instrumental in raising awareness of Islamic banking products in Indonesia. As such, BNI Syariah is looking to solidify its role as a Hasanah banking partner in keeping with the bank's unwavering support towards achieving a Hasanah lifestyle. An extensive branch network, use of the latest technology in mobile banking, and a competitive product portfolio have enabled the bank to effectively penetrate the individual, consumer and corporate markets. Moving forward, the bank will continue to expand its product offerings and reach within Indonesia; particularly within the micro lending segment and consumer products such as mortgages. The bank is therefore well placed to form strategic alliances with international Islamic banks and shariah financial institutions looking to enter Indonesia’s promising Islamic banking sector.
Periscope Insurance Co Ltd was originally founded in 1969 and in 1999 the company became part of the esteemed Bosowa Group. Today, having rebranded to become Bosowa Asuransi, the company is a leading general insurance provider in Indonesia within the medium segment of the market, providing general insurance coverage for both corporate and retail clients.
The company offers a comprehensive range of insurance products including motor insurance, personal liability insurance, fire and property insurance in addition to marine hull and marine cargo. Most recently, the company introduced health insurance products and is exploring the potential within the micro insurance sector for the future. Over the coming years, Bosowa Asuransi will focus on carving out its captive market across Bosowa Group’s subsidiaries as well as establishing a strong presence within the high growth regions of East Indonesia.
Bosowa Asuransi recognises the key role that general insurance has to play in supporting sustainable business growth in Indonesia. In preparation, the company is bolstering its internal capacity through strengthening its human resources and IT infrastructure as well as increasing its capital base and extending its retail branch network.
At a group and subsidiary level, Bosowa Group has demonstrated successes in working in collaboration with international partners looking to enter the Indonesian market within financial services. Bosowa Asuransi is therefore in a unique position within Indonesia’s general insurance sector to work with global insurance players who can offer technical expertise in insurance product development and marketing to collaborate together to untap Indonesia’s lucrative market and achieve the goal of being among the top five insurance companies in the middle class segment by 2014.
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