John Riady News Today

Hanwha Life acquired a 40 percent stake in Indonesias Nobu Bank earlier this month, expanding Hanwhas financial portfolio in the Southeast Asian market, the insurance firm announced Monday.

Hanwha Life, a major insurer under the Korean conglomerate Hanwha Group, is set to expand its presence in Southeast Asia, having secured a stake in Indonesia's Nobu Bank, according to the insurer on Monday. Hanwha Life acquired a 40 percent stake in Nobu Bank through a deal signed with Indonesia’s Lippo Group, a major conglomerate with businesses spanning Southeast Asia. The deal signing event was held in ...

Hanwha Life, a leading Korean insurance company and the life insurance subsidiary of Hanwha Group, has made a strategic move into the Indonesian banking sector through a stake purchase. The company announced on Wednesday that its board had approved acquiring a 40 percent stake in Nobu Bank from Indonesia's Lippo Group, marking the first entry of a Korean insurer into the Indonesian banking industry. The decision...

Hanwha Life will acquire a 40 percent stake in Nobu Bank in Indonesia, under a plan to expand into Southeast Asia and leap as a global financial group.

Even when geopolitical tensions have forced Western companies to seek alternatives to China, Indonesia hasn’t been a favored “plus one.”

China’s property market is expected to recover once economic growth as a whole returned and jobs figures are lifted, but that will take ‘some time’, business leaders note.

We will bring you perspectives from asset allocators and investors on their reading of the investment potential and exit landscape across SE Asia.

Speakers at the summit represent major PE, LP, VC, and impact investment firms and startups from SE Asia, India, and China.

They are worldier and techier than their forebears | Business

The sessions promise a ringside view of the country’s investment landscape.