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View all search resultsAs businesses integrate sustainability initiatives beyond the now familiar rhetoric of ESG, they should also adjust their transfer pricing analysis to accurately capture the resulting transformative changes in how they do business.
The recent establishment of a state-owned Bank Syariah Indonesia (BSI) representative office in Dubai is part of the government’s plan to attract investors from the United Arab Emirates (UAE) to join the sharia bank following last February’s announcement of divestment by two major shareholders, PT Bank Rakyat Indonesia (BRI) and PT Bank Negara Indonesia (BNI).
An anticipated weakening of the United States dollar will make Indonesian markets more desirable for international investors, helping prop up the rupiah amid global and domestic uncertainty, analysts have said.
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