Category: Industry

There are few industries as fulfilling to work in as the medical industry is. It is an industry where people can have fun and help people at the same time, and the help they provide for people impacts their lives and can have an impact on future generations. If people want to join the medical industry, it is not hard to do, and it is something almost all people have the opportunity to do even if they are not currently skilled enough to take a medical job. There are places willing to teach people how to perform medical skills, if people take advantage of them, they can get a basic entry position in the medical industry in as little as a few months.

Making the Right Career Choice

When a person is deciding to enter the medical industry, they have to make a choice about what position they wish to have. People can either have a basic industry level position, or they can have an advanced position that will require them to directly treat patients, or work directly with items that effect patients. Basic entry positions require people to do things that help patients, but they mainly act as assistants to people who directly help them and do most of the work involved for making people better. Both of these positions are good, but if a person is on the advanced side of the medical career industry, they will earn more money, and they will be directly responsible for helping patients.

Short Training versus Long Training

Entering the basic side of the medical industry does not require people to do a lot of training. Entering the basic side of training only requires people to train for a few months. Entering the advanced side of training is something that can take people years of training to do. People who enter the advanced side have to have extensive knowledge about the medical industry, so they need more intensive training in order to do their jobs correctly.

Cost

People can afford to pay for basic medical training with a simple part-time job, but it cost a great deal of money in order for a person to receive advanced medical training. If a person wants advanced training, chances are they are going to have to get a loan in order to be able to afford it. If a person does not mind taking out a loan for a short amount of time, choosing to work in the advanced part of the medical industry is their best option.

Emerging Markets Direct (EMD) released their latest Indonesia Insurance Industry Report 2H10. The report says that Indonesia insurance industry is a very attractive and largely untapped market. As of 2008, the country was home to more than 210mn people while the number of insured people was 16.48mn, which implied that only less than 10% had life insurance. Seen in this light, foreign insurance companies had entered into joint ventures with local companies due to the low market penetration rate and the policies set by the Indonesia government.

Next to India and China, Indonesia is definitely one of the insurance markets in Asia with huge growth potential. The Indonesia insurance sector consists of a number of players. As of end 2009, there were 283 companies in Indonesia owning insurance business licenses. There were no much changes made to the number of life, non-life, reinsurance, social insurance program and workers social security, and insurance for civil servants and armed forced companies as compared with 2008. There were even no new insurance companies over the past 5 years due to the relatively high minimum equity of IDR100bn set by the government.

Over the past 5 years, total assets and total investments of the insurance industry as a whole have risen, especially for the reinsurance sector which saw the highest growth rate y-o-y of 21.79% for total investments and total assets. Net premium for non-life insurance and reinsurance has been rising since 2006, from IDR 8,147bn to IDR11,810bn in 2008.

Despite the vulnerability of the Indonesia Insurance industry to natural disaster, the overall industry ratio of gross claims to gross premiums was still manageable. It was recorded that the ratio varied from 48% to 61% in 2008. Whats more, a major part of risks covered by local insurers was ceded to offshore reinsurance company. In recent years, the retention ratio (measured by net written premium to gross written premium) was very conservative and ranged from 34% to 54%. Indonesias insurance industry suffered from deficit transaction, in this regard, our analyst thought that consolidation was vital for insurance companies to strengthen their capital base in order to stay competitive.

What are the market trends and outlook of the Indonesia Insurance Industry? How did the issuance of Indonesian Insurance Architecture (Roadmap) affect the industry? How many insurers licenses were revoked as a result of the minimum solvency requirement specified by the Ministry of Finance? What are the prospects of Takaful (Islamic insurance) in Indonesia? What were the requirements set by the Ministry of Finance (MoF) for foreign insurers to enter the Indonesian market?

Want to have an overview and competitive analysis(SWOT) of the major industry players?
-PT Asuransi Allianz Utama Indonesia(Allianz)
-PT Asuransi Sinar Mas (Sinar Mas)
-PT Panin Life Tbk(Panin)

Check our pages to see more details about our latest Indonesia Insurance Industry Report:
http://www.emergingmarketsdirect.com/products/Indonesia-Insurance-Industry.html

Table of Content
1. Industry Profile
1.1 Sector Overview
1.2 Sector Size and Value
1.2.1 Insurance Companies
1.2.2 Total Assets and Investments
1.3 Sector Performance
1.3.1 Gross Premiums and Claims
1.3.2 Non-Life Insurance and Reinsurance Net Premium
1.3.3 Industry Retention Rate
2. Market Trends and Outlook
2.1 Regulatory Issues
2.2 Sharia Products
2.3 Foreign insurers
3. Leading Players and Comparative Matrix
3.1 Leading Players
3.1.1 PT. Asuransi Allianz Utama Indonesia
3.1.2 PT. Asuransi Sinar Mas
3.1.3 PT. Panin Life Tbk
3.2 Comparative Matrix
3.3 SWOT Analysis

4. Tables and Charts
Table 1: Life Insurance No. of Insured People 1998 2008
Table 2: Insurers Licenses Revoked 2005
Table 3: Financial Summary 2007 – 2009
Table 4: Financial Highlights FY09
Chart 1: Inflation Trend of Indonesia Oct 2008 Oct 2010
Chart 2: Number of Insurance Companies 2004 – 2008
Chart 3: Growth of Total Assets According to Line of Business 2004 – 2008
Chart 4: Total Assets for the Year 2008
Chart 5: Growth of Total Investments According to Line of Business 2004 2008
Chart 6: Total Investments for the Year 2008
Chart 7: Growth of Total Assets Compared to Total Investment 2004 – 2008
Chart 8: Types of Investments
Chart 9: Growth of Gross Premiums According to Line of Business 2004 – 2008
Chart 10: Percentage of Gross Premiums for the Year 2008
Chart 11: Growth of Gross Claims According to Line of Business 2004 2008
Chart 12: Percentage of Gross Claims According to Line of Business
Chart 13: Growth of Gross Claims and Gross Premiums 2004 – 2008
Chart 14: Non-Life Insurance and Reinsurance Net Premium 2006 – 2008
Chart 15: Retention Rate 1996 – 2008
Chart 16: Sinar Mas – Total Shareholders Equity 2005 – 2009
Chart 17: Sinar Mas – Surplus Solvency Margin 2005 – 2009
Chart 18: Gross Premium Income 2005 – 2009
Chart 19: Total Investments Income 2005 2009

About Emerging Markets Direct

Emerging Markets Direct is the online research store from ISI Emerging Markets, a Euromoney Institutional Investor Company. We deliver in-house industry research report, industry analysis and data vital to support all kinds of business decision, academic and research purposes. Our flagship product Emerging Markets Direct Report covers the top 20 industry sectors of India, China, Malaysia, Thailand, Indonesia, Vietnam and Indonesia. ISI Emerging Markets in-house analysts crunch the numbers from our proprietary CEIC databases and combine the results with on-the ground industry insight. The result is reliable, hard-to-get industry data, analysis and insight. Previously available only to subscribers of the ISI Emerging Markets Information Service, Emerging Market Direct reports are available now at our online research store. Our Other products are: CEIC snapshots, CEIC datatalk, Intellinews. To view our full catalogue of products, please visit http://www.emergingmarketsdirect.com

Industrial Supplies are the result of the world turning to Industrialization and it seems that every year there are additions in leaps and bounds as professionals and apprentices come up with novel ways to improve the industry and environment in which we live, work and play.

There are many industries that require the supply of these industrial materials on a regular and daily basis as they go about creating, repairing maintaining and developing machinery and products for consumption by all of us.

Most of the labor force in the entire world is in some way or another linked to the manufacture of a good or product.

So, if you consider that there are specific industries out in the world that carry the responsibility for industry in general, they will need to obtain their supplies from somewhere and this is what we call industrial supplies.

Industries like that of engineering, manufacturing, robotics, scientists and laboratories, janitorial and sanitation will all need to remain at their most productive by having the correct tools and materials available for the job at hand.

Engineering supplies take the form of various metal sheets, metal piping, lathes and other metalworking equipment in order for these engineering firms to continue productively.

The manufacturing industry will rely on vast quantities of raw materials in order for molds to be pressed into products, parts to be made for end products and even timber for household products like beds and furniture.

Robotics is a specialized industry that fortunately is improving our lives on a daily basis as those little gadgets like cellular telephones and televisions are created smaller and smaller every year with more and more functions and capabilities.

These goods and products could not be possible without research and development into fields such as robotics, science and industrial development.

Scientists and laboratories consume large amounts of raw chemicals on a daily basis as they try, test and receive approval from the FDA to go into production of pharmaceuticals.

These labs all require machines and technology to operate which are possible with the help of the engineering, mechanical, electronic and a stack more of expertise in order to have the equipment and tools that they do.

This is why it is extremely important to the sustainability of the economy and gross domestic production in general to ensure a sound supply of industrial materials and industrial supplies in general.

Shenzhen jewelry industry started from 1980s. Thanks to the influence of Hong Kong gold jewelry industry, Shenzhen gold jewelry industry leads in mainland China and has become the biggest gold jewelry manufacturing base and trade distribution center after 1990s. There are over one thousand gold jewelry enterprises in Shenzhen now, with about 110 thousand workers. Its annual manufacture and processing total value reach 43 billion yuan, which takes up 70% of the whole nations.
There are over a hundred million pieces of jewelry produced in Shenzhen in 2003; enterprises imported and exported about 42 tons gold with about one billion US dollars export amount, which takes up 30% of the whole nations. The total amount of jewelry industry in China is about 40 billion yuan.
Shenzhen and its surrounding area has approximately 800 jewellery manufacturers and supplies 70% to 80 % of the jewellery offered for sale in the domestic market in China. The Schenzen Special Economic Zone is now the largest jewellery manufacturing and wholesale centre supplying the domestic market in China , the gem-set gold jewellery manufacturing centre for the domestic market, the centre for platinum jewellery production and gemstone polishing Centre.
In fact, Shenzhen has now become the biggest jewelry producing center in China. It plays a very important role in China jewelry industry as industry core. With Shenzhen government listing Shenzhen jewelry industry as one of the six feature industries, Shenzhen is now creating an oasis of jewelry industry. 50 billion sales amount and 1 billion US dollars export amount was realized in 2005.
The September Shenzhen International Jewellery Fair is held in September every year at Shenzhen Convention & Exhibition Center. The fair is recognized by the attendants as the most professional, a truly international and the most influential jewellery trade fail in China. In 2004, the exhibition gathered over 600 exhibitors from 15 countries and areas, namely, HongKong, Taiwan area, Japan, Korea, Singapore, India, Sri Lanka, Italy, France, Israel and USA, as well as different provinces and cities in China. The exhibition area spanned over 30,000 square meters with a total of 1,200 booths, registering a 25% increase in size over that of year 2003. The Fair has gathered big and small suppliers and buyers under one roof, providing unlimited business opportunities to the industry as a whole.

Shatoujiao Gold Jewelry Zone
The city of Shenzhen borders Hong Kong, which is one of the 3 International gold jewelry accessory centers. Since the mid1990s, Hong Kong jewelers have gradually headed north to Shenzhen which now accounts for 80% of all of Chinas jewelry production. With its manufacturing scale and processing ability being the best in China, it has quickly become Chinas jewelry center for manufacturing, processing, trading.
Shatoujiao Free Trade Zone is the first one operated with International practice in China. It makes the jewelry industry a key supported and protected industry. There are over 30 major gold jewelry accessory manufacturers making it the most centralized district for the jewelry industry in Shenzhen with 60% of the production in the city. Shatoujiao Free Trade Zone is a distinguished area in accessory production and well known by jewelry wholesalers.

In May 2001, Shenzhen ART jewelry Co. Ltd investment of 100 million RMB saw the completion of the Shenzhen Jewelry Building. This building was set up in Shatouiao Free Trade Zone, With the south pearl Yantian Port to the east, the picturesque Wutong Mountain to the north and facing the Dapeng gulf to the south, the building is part of Shenzhens brightest eastern golden seashore. This seashore also includes MingSike Aircraft World, the Maisha seashore, Yantian Port and Shenzhen Sea World.

The 42,000 sq/m Gold Jewelry Building has 13 floors staging with processing, trading and service areas. It is a professional, multi-functional gold jewelry building. It is destined to become the center in the industry with its geographical advantage in the Shatoujiao Free Trade Zone, which attracts many famous Hong Kong jewelry brands such as Xie Ruilin, Hengfeng, QIngfengjin and Daimengde. Together with the capital and information rushing into this area, it makes Shatoujiao a centralized area of the gold industry.

ShuiBei International Jewelry Trade Center

Built in April, 2004, ShuiBei International Jewelry Trade Center is situated in the center of the Luohu Industrial area in the Jewelry city Shenzhen. It is a large professional jewelry market affiliated to Ya Nuo Xin groups.
This area has long been a production center for the jewelry industry in Shenzhen. Over 500 well-known jewelry corporations are gathering there, making it the top of the trade list for the jewelers at home and abroad. The government of Shenzhen & Luohu District have invested the amount of 190 millions to promote the area the biggest jewelry industry center in China.
Shuibei International Jewelry Trade Center work multifunctional as jewelry R&D, trade, tourism , promotion of the jewelry culture. Covering an operation area of over 1000 square meters, this center attracts over 100 corporations, among which, 27 are from abroad, 41 are at home, and the rest are the locals. The whole trade center is divided into over 10 operation parts, such as gold, platinum, inlay, silver, jade, pearl, precious stones, accessories, which fully meet the desire of their clients, that is, to buy everything in a place. So far, the transaction amount has reached 2.6 billion RMB, with 480 million for exporting. All these increase the regional taxes a lot and highly promote the economic development of Shenzhen.
The State Jewelry Quality Inspection and Supervision Center also comes into the trade center. It issues the authorized certificate for every product, which make the trade center to operate in a more standard way. Moreover, its cooperation with the media, such as China Gold, Previous Stone Weekly, China Precious Stone, Jewelry Business, Asian Jewelry, Taiwan Jewelry, Shenzhen Business, Hong Kong Business, Shenzhen TV, has brought an effective advertisement to jewelry culture. The trade center held jewelry fair successively in April & December of 2004, attracting the buyers and retailers from all corners of the world. The sales volume reach 300 million and 330 million separately, which created a sales miracle in the jewelry industry. All the above mentioned show us the great charm of Shuibei International Jewelry Trade Center and the jewelry culture.

Tommy China Business Consulting is a professional Jewelry sourcing agent With headquarters in Shenzhen. Having Built up good relationship with suppliers in Silver Jewelry, Ring, Necklace, Bracelets & Bangles, Gold Jewelry, Earrings, Pendants & Charms, Jewelry Sets, Pear Jewelry, Zinc Alloy Jewelry, Stainless Steel Jewelry, Loose Gemstone, Acrylic Jewelry, Body Jewelry, Key Chains, Copper Alloy Jewelry, We can serve as your Jewelry China Sourcing Agent, Jewelry China buying agent, Jewelry China Purchasing Agent ,providing comprehensive sourcing services to clients of all size interested in Jewelry sourcing, Jewelry Purchasing in China

Indian Art and Craft Industry- An Overview

India is a land where every corner is evident with the greatness of art and craft. The traditional quintessence of Indian art and craft can be seen even in the daily used objects like earthen pot, mugs, bed-sheets or any such things. The objects are created with a great creativity that portrays magnificent work of art. That is what Indian art and craft industry is!

Indian art and craft is an old saga. Although, the present state of the industry is flourishing with a touch of contemporary designs and patterns but it is deeply entrenched with the rich craft customs from the past. The uniqueness in the Industry lies in its own way.

India”s richness in art and craft can be seen in every product whether garments, Jewelleries or household furnishings. These products are a perfect mix of traditional designs and modern techniques. Due to their diversity in designs and their being utilitarian in nature, they are high in demand. This has given many Indian traders to invest in the industry and flaunt India”s custom across the world. Products such as table mats, napkins, bed sheets, lamp shades etc are made out astoundingly with the use of natural material, textile printing, block printing, tie and die, hand printing etc, and are much in demand. Gems and jewelries are other obsession of India. The rising demands in gems and jewelries have transformed Indian craft traditions into a full-grown organized industry. Garments such as woolen shawls and phirens from Himachal, traditional sarees ranging from Banarsi Amru, Tanchoi, Paithani, Patola, and Kancheevaram are the most popular export garments. Indias zardozi and brocade work are highly recognized these days. Other utilitarian craft products like cushions, curtains, bedcovers, sheets, metal furniture, wood furniture, boxes, cabinets, terracotta items, utensils, garden pots, papier-mch products, brass and silverware, carpets, rugs and durries from Kashmir, jute and coir items, wood and stone sculptures, traditional paintings, decorative pieces, embellished wooden sculptures, stone and wood carvings, and many more are on the rise in India as well as in abroad.

Here is the Swot Analysis of the Indian art and craft industry that gives you more information on the present status of the industry;

Strengths

“The industry has potential in domestic as well as international markets.

“It provides wide variety in each product and exhibit diversified culture of India.

“Industry caters to the different market sectors covering handicrafts, textiles and jewelries.

“Gives potential source of employment

“It requires low capital investment

“It is a great source of foreign revenue as it is a huge export industry.

Weakness

“Industry lacks communication and infrastructure

“Lack of co-ordination between Indian manufacturers-exporters and Government

“Inadequate information available on new technology

“Industry is still confined to rural areas of the nation

“No promotional support is given to the sector

Opportunities

“Emerging demands of Indian crafts across overseas

“Development of retail sectors and changing lifestyles offer huge requirements of such products

“Rise in the industry is due to development in tourism

“Internet has emerged as a mean to develop its market network

Threats

“Increasing competition in domestic markets

“Quality products manufacturing by countries like South Africa and China

“Better trade terms are offering by these countries

“Competing countries offer better technological support and R&D development facilities

“Challenge to establish balance between demand and supply of quality products

The reason why Indian art and craft is highly appreciated and constantly flourishing in domestic and foreign markets are due to its utilitarian nature and high acceptance among people of India and people across the whole world.