Bank Indonesia

Bank of America Corp. (BofA) is quickly expanding its presence in the South Korean initial public offering market, where J.P. Morgan and Citigroup G...

South Korea is considering tripling the maximum amount of dollars the National Pension Service (NPS) can buy from the domestic foreign exchange mark...

The Bank of Korea (BoK) announced on Monday that it signed a memorandum of understanding (MOU) with Bank Indonesia (BI) for the bilateral cooperatio...

Hana Financial Group, one of South Korea's top five financial groups, is mulling mergers and acquisitions in non-banking sectors in a bid to seize n...

The time is ripe to prepare an interest rate cut as consumer prices are holding around South Korea’s target of 2%. But it remains uncertain wh...

4by4 Inc., a South Korean content AI solution company, announced on Thursday that it signed a supply contract for its image enhancement AI solution ...

South Korea's financial regulator said on Wednesday it has officially imposed Credit Suisse Group AG and its affiliate a combined 27.2 billion won...

JAKARTA, Indonesia – Hyundai Motor Group has built an electric vehicle hub backed by a complete supply chain from raw materials sourcing to ba...

South Korea’s top resort operator Sono International Co. has bought a stake in T'way Air Co., a local low-cost carrier (LCC), for 105.6 billio...

JAKARTA, Indonesia – Hyundai Motor Co. has built its brand image as a high-end carmaker in Indonesia and controls the country's electric vehic...

South Korea’s Hana Bank is set to reduce new corporate loans despite rising demand to improve profitability and soundness after having increas...

South Korea's Daewoong Pharmaceutical Co. announced on Thursday that it signed a contract with Indonesia's Bogor Agricultural University (Institut P...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, said on Friday it has agreed with foreign exchange...

SK Group, South Korea’s second-largest business group in terms of total assets, has asked the country’s state-run Korea Development Bank...

Woori Bank and Woori Asset Management, subsidiaries of South Korea's Woori Financial Group, announced on Sunday that they signed a memorandum of u...

KB Bukopin, the Indonesian banking arm of South Korea’s Koomin Bank, extended its losing streak through the first quarter of this year, weighe...

South Korea's Shinhan Bank announced on Tuesday that it signed a memorandum of understanding with Hyosung TNS and LG CNS to implement future banking...

Shinhan Financial Group Co. is upping the ante in the Vietnamese financial market to further widen the gap with rivals as the country’s leadin...

The capital commitments of state-run Korea Development Bank (KDB) have widened the gap for South Korean venture capital firms in fundraising over ...

South Korea's hygiene products company Monalisa and Ssangyong C&B, known for its toilet paper brand Codi, will be sold to Indonesia's paper comp...

South Korean cable-to-energy giant LS Group said on Monday that it has renamed brokerage subsidiary eBest Investment & Securities to LS Securiti...

South Korea's LX Pantos said on Thursday that it signed a joint venture (JV) agreement with KSA, Indonesia's largest bulk carrier, to tap into the S...

South Korea's gaming giant Krafton Inc. announced on Wednesday that it will conduct an overseas alpha test for Overdare, a mobile user-generated con...

Hyundai Motor Group Chairman Chung Euisun has discussed cooperation on hydrogen-fueled cars and electric vehicles (EVs) with the Indonesian economy ...

South Korean banks are broadening their horizons beyond Asia into Mexico, Poland and Africa in step with Korean manufacturing companies’ globa...

South Korea's KB Kookmin Bank announced on Friday that it signed a memorandum of understanding (MOU) with the National Bank of Cambodia to establish...

South Korea's Woori Bank announced on Tuesday that it is recruiting interns targeting Southeast Asian students studying in Korea.This program aims t...

Central banks of South Korea and Malaysia renewed a bilateral local currency swap arrangement for an additional three years, the Bank of Korea (BOK)...

Cho Man Chul, managing director and head of investment banking at Deutsche Bank in Korea, has resigned, according to people with knowledge of the ma...

Demand and short-term deposits at South Korea’s top five banks have expanded 5% to 657 trillion won ($480 billion) in the first quarter of thi...