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Academia 1 year ago
PREMIUM
Is bullion banking Indonesia’s golden opportunity?
The recent launch of Indonesia's first bullion bank, within the framework of a 2023 financial development law and an OJK regulation, marks a significant step forward in the country's potential entry to the global gold market, as well as greater wealth and economic self-sufficiency.
Companies 1 year ago
AI to replace 4,000 jobs at DBS, Southeast Asia's largest bank
"Over the next three years, we envisage that AI could reduce the need to renew about 4,000 temporary/contract staff across our 19 markets working on specific projects," a spokesperson from the Singapore bank told AFP on Tuesday, confirming earlier reports.
Academia 1 year ago
PREMIUM
Bank secrecy in the age of transparency: How much is too much?
Ensuring legal certainty and fairness by harmonizing the new OJK rule on bank secrecy and the PDP Law, along with clear and appropriate oversight by the Data Protection Agency, will be key to effective transparency and legal safeguards against potential risks.
Companies 1 year ago
PREMIUM
2025 banking outlook: Navigating familiar uncertainties
Indonesian banks can expect to face challenges in 2025 similar to what they experienced last year, but these also present opportunities for innovative, proactive measusres to strengthen their position in the global financial ecosystem.
Executive Column 1 year ago
PREMIUM
Executive Column: Being a small bank makes no sense, says KBank
Bank Maspion president commissioner Chat Luangarpa, who also serves as executive vice president of Kasikorbank (KBank), explains why the Bangkok-based lender acquired the local bank and how it aims to triumph in Indonesia’s competitive banking landscape.
Regulations 1 year ago
Trump advisers seek to shrink or eliminate bank regulators, WSJ reports
US President-elect Donald Trump's transition team is exploring ways to significantly reduce, merge, or even eliminate the top bank regulators in Washington, the Wall Street Journal reported on Thursday citing people familiar with the matter.
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