UOB reaffirms joint commitment with BKPM to promote foreign direct investments into Indonesia

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SINGAPORE (Sept 7): United Overseas Bank and Indonesia’s Investment Coordinating Board (Badan Koordinasi Penanaman Modal, or BKPM) have reaffirmed their joint commitment to promote foreign direct investments (FDI) into Indonesia.

Both entities met last week at a high-level meeting to reiterate their strategic alliance, which commenced when the two first signed a memorandum of understanding (MoU) in 2015 to promote FDI into Indonesia.

The latest session was attended by the bank’s senior executives including deputy chairman and CEO Wee Ee Cheong, head of group wholesale banking Frederick Chin, head of group FDI advisory unit Sam Cheong, as well as... (Click here to read the full story)