Jakarta (7 March 2016) – UBS hosted its annual Indonesia Conference in Jakarta on 7 – 8 March 2016 bringing together international investors and high profile Indonesian companies listed on the Indonesia Stock Exchange. Building on the momentum of being in its ninth year, the conference highlighted market opportunities in Indonesia as its economic rebalancing is well underway. President Joko Widodo’s policy packages adjustment to build a base for an improvement in growth and capital flows policy from China and Japan (a phenomenon UBS calls Patronomics) were also the focus of the conference. The event attracted influential keynote speaker such as Tito Sulistio, President Director of the Indonesia Stock Exchange.
Running since 2007, this landmark conference has become one of the most highly anticipated and prestigious forums for corporate managers, policy makers, economists, strategists and investors to exchange insights on investment trends and developments in Indonesia. This year, it drew over 60 top Indonesian corporates and more than 160 institutional investors across the globe, confirming the international interest in the Indonesian economy.
With the theme “Economic Rebalancing”, the conference highlighted on how Indonesia as one of Southeast Asia’s economic driver is rebalancing and improving the economy in the country with some sectors are progressing. Key areas of international interest were presented and discussed, such as where the Rupiah and local interest rates will head next and issues on tax amnesty.
Joshua Tanja, Country Head of UBS Indonesia commented: "The ninth long running UBS Indonesia Conference this year shows our longstanding commitment in the country including to help connect Indonesia to the rest of the world. It is also an excellent platform for our clients - the global investment community and the corporate Indonesia - to share their insights on the country’s outlook in 2016.” He added, “During the conference, the corporates will have the opportunity to build closer relationships with their investors and expand their shareholder base. Investors also have the opportunities to meet with corporate senior management and understand better through on-the-ground interactions the changing investment climate in Indonesia.”
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 early 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 international / domestic broking capabilities, regulated by Otoritas Jasa Keuangan (OJK) and the Indonesia Stock Exchange. UBS has about 40 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.
About UBS
UBS is committed to providing private, institutional and corporate clients worldwide, as well as retail clients in Switzerland, with superior financial advice and solutions while generating attractive and sustainable returns for shareholders. Its strategy centers on its Wealth Management and Wealth Management Americas businesses and its leading universal bank in Switzerland, complemented by its Asset Management business and its Investment Bank. These businesses share three key characteristics: they benefit from a strong competitive position in their targeted markets, are capital-efficient, and offer a superior structural growth and profitability outlook. 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. Capital strength is the foundation of its success.
UBS is present in all major financial centers worldwide. It has offices in more than 50 countries, with about 35% of its employees working in the Americas, 36% in Switzerland, 17% in the rest of Europe, the Middle East and Africa and 12% in Asia Pacific. UBS Group AG employs about 60,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).
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