Mark Plus Conference
Posted by approrr on December 23, 2010
The dramatic increase in fuel price in the late 2005significantly decreased the consumer purchasing power. There is implication for motorcycle industry in Indonesia as compounded annual growth rate
(CAGR) drop by 21%.
In 2005, growth rate in life insurance market increased by 25%.To compete for customers was very challenging due to purchasing power factor, consumption factor, and lack of awareness towards insurance products.
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