Member News

Soon to Hit the Road, Volkswagen to Begin Producing the ID. Buzz in Indonesia in 2026

Published on 13 June 2025

Volkswagen is stepping into Indonesia’s electric vehicle market with the launch of its all-electric ID. Buzz, a modern, fully electric reimagining of the iconic VW Kombi. With production set to begin locally in 2026, this move signals Volkswagen’s long-term investment in building a sustainable mobility ecosystem in the country. The ID. Buzz offers a range of up to 573 km and fast charging from 5% to 80% in just 30 minutes. Brought in by PT Garuda Mataram Motor of Indomobil Group, the vehicle reflects VW’s commitment to delivering zero-emission transport without compromising comfort and driving enjoyment.

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Allianz Life & HSBC Release Smartwealth Rupiah Multi Asset Income Fund Investment Product

Published on 13 June 2025

Allianz Life Indonesia in partnership with HSBC Indonesia has launched the Smartwealth Rupiah Multi Asset Income Fund, an investment product offering monthly income and long-term growth. With 70% allocated to Indonesian government bonds, it targets stable returns and low volatility, addressing demand for reliable income amid market uncertainty. The fund also includes Indonesian equities and money market instruments managed flexibly with a 5% annual distribution target. The fund reflects both institutions’ commitment to supporting clients’ financial freedom and long-term wealth planning.

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