UBS Indonesia Conference 2017: Economic Change in a Digital World
Jakarta (7 March 2017) – UBS hosted its annual Indonesia Conference in Jakarta on 6 – 8 March 2017 bringing together international investors and high profile Indonesian companies listed on the Indonesia Stock Exchange. Building on the momentum of being in its tenth year, the conference highlighted projection of the economic growth in 2017, influence of the fast growing technology development in this digital age, and how international trading will further impact exchange rates and our domestic economy. The event attracted influential keynote speakers such as Thomas Lembong, Chairman, Indonesia Investment Coordinating Board.
Running since 2007, this landmark conference has become one of the most highly anticipated and prestigious forums for investors and corporate managers to exchange insights on investment trends and developments in Indonesia. This year, it drew over 60 top Indonesian corporates and more than 140 institutional investors across the globe, confirming the international interest in the Indonesian economy.
With the “Economic Change in a Digital World” theme, it covers the following respectively: Fintech including its threats and opportunities for Indonesia's incumbent banks, how Government infrastructure spending will help upturn the Indonesian economy and how easing monetary policy impacts on the corporate business environment and cash flows. Key areas of international interest will also be presented and discussed, such as what’s next after the tax amnesty, and the banks credit cycle.
Joshua Tanja, Country Head of UBS Indonesia commented: “We are delighted that the Indonesia Conference has been running for 10 years and the strong interest from top Indonesian corporates and global investors are a testament to how they value the exchange of ideas and networking accorded by the event. This year, the Indonesia Conference will bring a fresh outlook and a better understanding of the economic growth in 2017 that highly impacts corporate businesses." He added: “With all of the trends and changes affecting the Indonesia economy and its corporate sector, we are optimistic investors would find important long-term investment ideas to take home.”
UBS has had a long history in Indonesia and has been advising the Government of Indonesia since 1974. The Swiss bank has maintained a presence in the country since the mid-1990s and its onshore operations are primarily conducted via PT UBS Securities Indonesia. In 1996, it became a full licensed broker with full underwriting and broking capabilities, regulated by Otoritas Jasa Keuangan (OJK) and the Indonesia Stock Exchange. UBS has over 20 employees in Indonesia, providing complete investment services in the areas of corporate client solutions, research, sales, trading and settlement.
UBS is a leading equity house in Indonesia and has been one of the most active and highly-ranked brokers of Indonesian equities for well over a decade. UBS has made a significant contribution in encouraging greater foreign direct investment and attracting Tier 1 international investors into the domestic market.
UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. The operational structure of the Group is comprised of our Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. UBS's strategy builds on the strengths of all of its businesses and focuses its efforts on areas in which it excels, while seeking to capitalize on the compelling growth prospects in the businesses and regions in which it operates, in order to generate attractive and sustainable returns for its shareholders. All of its businesses are capital-efficient and benefit from a strong competitive position in their targeted markets.
UBS is present in all major financial centers worldwide. It has offices in 54 countries, with about 34% of its employees working in the Americas, 35% in Switzerland, 18% in the rest of Europe, the Middle East and Africa and 13% in Asia Pacific. UBS Group AG employs approximately 60,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).