Tag: indonesia

Tariffs ‘reduced’ to 15% for Japan and 19% for the Philippines, following a deal with Indonesia earlier in the week.

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.

Pribadi, who started the role earlier this month and previously worked at OCBC, is based in Jakarta.

Jakarta-based Michael Sugurin will oversee the development of MUFG’s global corporate banking portfolio in the country.

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.

The appointment of the technology veteran reflects the consulting firm’s confidence in the Indonesian market’s digitisation prospects.

The start-up cites opportunities in Indonesia’s growing $64 billion B2B payments market as prompting its regional growth strategy.

The new joint venture aims to promote the adoption of digital infrastructure among Indonesian businesses as the government pushes digital transformation.

Prawidha (Wida) Murti joins Hiswara Bunjamin & Tandjung in Jakarta.

TMF Group’s latest ease-of-doing business report indicates Asia Pacific (APAC) jurisdictions are simplifying ways of doing business to attract foreign investment, with no countries in the region within the bottom 10 this year.