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Equipment Leasing Status in Jakarta, Indonesia - 1 views

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    Indonesia is one of the most famous archipelagic nations in Asia. To better understand their equipment leasing status and their market, let us know more about them first. There are 17,500 islands that make up the archipelago with 240 million population residing in the main islands of Java, Borneo, Sumatra, Suwalesi and New Guinea. They are the fourth most populous country in the world. The country is not only rich with people but also with natural resources like oil, gas, tin, copper and gold among many others. Indonesia has placed 3rd in the world for mineral resources. It has a republican government and is considered the most corrupt country in South East Asia according to the annual poll conducted by the Political and Economic Risk Consultancy (PERC). Equipment leasing plays an important role in the country's economy (US $5 billion) which has been driven by the mining and the plantation industries. Vehicle finance is the strongest contender in equipment leasing. Analysts predict that vendors and joint ventures will soon pave the way for the country's equipment leasing to international experience. The country's competitor in this field is Singapore, China and Thailand as Indonesia's infrastructure industry is the fastest to develop in all Asia, according to reports and the need for leasing equipment is a must. According to Vinod Kothari Report in 2013, leasing in Indonesia started in 1974 through a joint decree between the "Ministry of Finance, Industry and Trade and Cooperation on License for Leasing Companies" While Indonesian market has huge potential being a fast growing developing nation, there are bottlenecks at the macro-level in terms of regulatory uncertainty, poor existing infrastructure, corruption etc. With a strong potential for leasing financing in Indonesia and few players to meet the demand, leasing is already on its growth trajectory.

Preparing to Ship Heavy Equipment - 3 views

started by ihaiaalbert on 08 Aug 14 no follow-up yet

Physicians face new rules for durable medical equipment orders - 2 views

started by muhampug535 on 11 Aug 14 no follow-up yet

Understanding off-lease equipment - 2 views

started by boeberhart on 21 Jul 14 no follow-up yet

The benefits of buying off-lease equipment - 1 views

started by boeberhart on 24 Jul 14 no follow-up yet

Managing when vendor and supplier risk becomes your own - 2 views

started by boeberhart on 07 Aug 14 no follow-up yet

Off Lease Construction Equipment and Commercial Vehicles - 1 views

started by boeberhart on 28 Jul 14 no follow-up yet

Utilizing Equipment Leasing to Strategic Benefit - 1 views

started by boeberhart on 20 Aug 14 no follow-up yet

Equipment Leasing Rare Scams Unveiled - 1 views

started by boeberhart on 05 Mar 15 no follow-up yet
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