The firm has added Thailand, Indonesia, Malaysia, Vietnam and Turkey to its network. There are more businesses and consumers increasingly using digital payments across Apac.
Sri Mulyani Indrawati has been a mainstay in the role for the majority of the last two decades; Indonesia has also recently issued a A$800m Kangaroo bond.
The US is expected to impose 19% tariffs on Indonesian goods; meanwhile, Trump's wider tariff regime is starting to have a more pronounced impact on US inflation.
DBS and UOB are providing a $411m loan for a joint project from Singapore data centre developer DayOne and the Indonesia Investment Authority; the aim is to supply 5% of Indonesia’s projected data centre capacity by 2029.
Jun 9, 2025
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A Brankas report showed pitfalls in both Indonesian and Filipino banks’ up- and downtime in 2023, revealing more infrastructure is required for higher service reliability.
Up to $200 million of blended financing will be deployed to fund SMEs and smallholder farmers to help drive climate adaption and sustainable transition.