Betadia Launches in Brunei and Australia
Almost a year since penetrating the Southeast Asian market starting from Malaysia, Betadia is now prepared to take on a more ambitious role both within and beyond the regional realm of Southeast Asia.
Setting its sights on the wider Asia-Pacific region and the rising demands of a comprehensive digital insurance among the rapidly-growing investor community to safeguard their investments, Betadia is pleased to announce its grand launching in Australia and Brunei. This bold move represents a great leap forward for Betadia to firmly establish itself as one the most trusted digital insurance providers in Asia-Pacific and beyond.
Brief Economic Background of Brunei and Australia
Historically renowned for its abundant natural resources primarily in petroleum and natural gas, Brunei Darussalam, or more commonly known as Brunei, has long been an established nation which has attracted the attention of investors from all over the world. Thanks to its relative stability in its political and economic landscape as well as its close proximity to other ASEAN countries such as Vietnam, Indonesia, Thailand, Malaysia and Singapore, Brunei has always remained as one of the top destinations for foreign direct investment.
Apart from that, due to its strategic location in the north-west coast of Borneo island facing towards the South China Sea, globally renowned as one of the busiest shipping waterways in the world, Brunei has always been known as an advanced maritime nation. As of today, the Muara Port, its largest deepwater port, has 13 shipping lines and is connected to 15 ports in the region, thus, making it an ideal place for foreign direct investments.
On the other hand, as one of the most open economies in the world, Australia has witnessed over two decades of economic growth which was coupled with low-inflation and low unemployment rates. This was largely due to the economic reforms carried out by the Australian government during the 1980s.
For investors worldwide, the best selling point of Australia is none other than its stable economy and low inflation rates. In terms of international trade and investments, Australia also has various free trade agreements that were signed with forein governments including New Zealand, Singapore, United States, Thailand, South Korea and Japan, just to name a few. These agreements have undoubtedly made Australia an attractive place for investors due to the relative convenience for investors to have access to other overseas markets.
Betadia’s Entry Into the Asia-Pacific Market
Despite the overwhelming economic advantages of investing in Brunei and Australia, there are still inarguably certain inherent financial risks which come along with market investments. Therefore, it is against this backdrop that eventually led Betadia to introduce its diverse and comprehensive range of digital insurance to the regional markets of Australia and Brunei.
Due to the pioneering nature of the digital insurance offered by Betadia, the arrival of Betadia will certainly be a welcoming sight among investors of the two reputable countries which have a rapidly growing investor community. For further enquiries on Betadia and our range of insurance plans, feel free to drop us your email at [email protected] or visit our official website www.betadia.com.