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.

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