PT Bank KEB Hana Holds Seminar for Korean Companies in Indonesia

KEB Hana Bank Indonesia, an Indonesian subsidiary of Hana Bank, announced on Oct. 31 that it held a 2023 economic outlook seminar for Korean entrepreneurs in Indonesia together with the Jakarta branch of the Korea International Trade Association.

This seminar was prepared to offer an analysis of the current economic issues and ways to overcome them to Korean entrepreneurs doing business in Indonesia.

PT Bank KEB Hana invited Indonesian and Korean economic experts to discuss the prospects of the global and Indonesian economy and financial markets. The speakers included Muhamad Chatib Basri, a former minister of finance of Indonesia, Febrio Nathan Kacaribu, head of the Fiscal Policy Office of the Indonesian Ministry of Finance, Jung Yoo-tak and Kang Mi-jung, research fellows at the Hana Financial Management Research Institute.

Muhamad Chatib Basri offered a forecast on the Indonesian economy based on an analysis of the impacts of a global economic crisis on the Indonesian economy, the Indonesian government’s policies, and Indonesia's raw materials exports and trade surpluses.

Hong Yoo-young, a licensed customs broker at the Korea International Trade Association, spoke on the Korea-Indonesia Comprehensive Economic Partnership Agreement (CEPA), which is scheduled to go into effect early next year. He analyzed possible problems that may arise following the implementation of the agreement and suggested measures to respond to them.