Jakarta hosts international trade and commodity finance conference
10/19/2012

Exporta Asia, the market leading independent information provider for the trade finance industry, returned to Jakarta for the 2nd Annual Indonesia Trade & Commodity Finance Conference, which took place at the Four Seasons Hotel Jakarta, on October 16, 2012.

Online PR News – 19-October-2012 – Jakarta – Exporta Asia, the market leading independent information provider for the trade finance industry, returned to Jakarta for the 2nd Annual Indonesia Trade & Commodity Finance Conference, which took place at the Four Seasons Hotel Jakarta, on October 16, 2012.

As the only dedicated event for the trade and commodity finance community in Indonesia, the conference brought leading multinational and SME corporates together with domestic, regional and global banking institutions to discuss key economic issues.

These issues ranged from broad macroeconomic factors, such as the impact of rising global commodity demands on Indonesia’s economy, to specialist Islamic financing methods, eurozone implications on the local market, regulatory challenges, new mining laws, trade credit and political risk insurance strategies and how Indonesia is financing its burgeoning commodity export sector.

“The enviable combination of sustained economic growth and a booming commodities market have resulted in Indonesia becoming one of the standout hotspots in global trade,” says Paul Greetham, producer of the conference. “Analysts suggested that due to growth of regional neighbouring markets and increasing internal demand for resources, Indonesia’s commodity offerings show little sign of slowing. Add to the equation the expansion of south-south trade corridors and you have a winning formula for long-term success.”

As if to amplify the idea of longevity, many international financial institutions attended the conference. “The Indonesian market is an exciting opportunity for many regional and global organisations due to the stable rate of growth and the increasing capacity of commodity production and exports,” said Louis Robinson, Managing Director & EMEA Trade & Network Origination Head at RBS, “It’s easy to see why Indonesia is on many people’s radar.”

During the comprehensive one day conference, emphasis was placed on the dynamic between commodity producers and traders, and the banks tasked with financing them. The 2012 event saw a diverse mixture of companies, from local SMEs to global operators, and attracted delegates from across Asia-Pacific as well as other regions such as Europe and the Middle East.

“Exporta Asia has been delighted with its growth throughout the continent and is particularly excited about this event, which we feel has the potential to become one of the leading trade and commodity gatherings for the entire region,” says Rupert Sayer, Chief Executive Officer at Exporta Asia. “Although there are many challenges ahead, such as the continued need for infrastructure investment and regulatory concerns, we see strong potential for Indonesia developing into a global commodity powerhouse.”

The conference benefited from the support of the International Chamber of Commerce (ICC) as well as leading financial institutions operating in the region, such as Bank Danamon, RBS, ANZ, ITFC, Maybank and Pinnacle Solutions.

Upon registering, delegates were provided with access to a special networking suite before the event which allowed them to organise private meetings with their fellow peers to discuss key business concerns. The conference concluded with a special evening networking reception, allowing attendees to continue their discussions into the evening in the comfortable surroundings of the Four Seasons Hotel Jakarta.

Please contact Grant Naughton at Exporta Group from further information.