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Mitsubishi UFJ Financial Group said on Monday it would buy Mandala Multifinance , a major auto loan provider in Indonesia, for 7 trillion rupiah ($467 million) to deepen its Asian presence and tap growth in consumption in emerging markets.
TOKYO/SINGAPORE: Mitsubishi UFJ Financial Group said on Monday (Jun 26) it was buying Indonesian auto loan provider Mandala Multifinance for 7 trillion rupiahs (US$467 million) to deepen its Asian presence and tap consumption growth in emerging markets. Japanese and other Asian companies have been increasi
Japanese companies are expanding their footprint in Southeast Asia, hoping to capture an emerging middle class in a region with around 690 million people.