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