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Asean pathfinder

Felicia Tan
Felicia Tan • 11 min read
Asean pathfinder
UOB Indonesia's president director Hendra Gunawan. Photo: UOB
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How banking group UOB is generating new business opportunities by helping clients break into new markets in the region like Indonesia which is morphing into an economic powerhouse.

United Overseas Bank’s (UOB) Gateway to Asean Conference 2023, held in Jakarta, Indonesia, last October, was titled “Forging Ahead”. Asean is increasingly seen as China’s strategic partner. This was underscored in the opening address by Wee Ee Cheong, group CEO and deputy chairman of UOB.

“We have a proven track record in helping companies enter new markets. In Indonesia, we have supported about 100 companies expanding into the country in the past two years. These companies have pledged to invest $12 billion in the country and they plan to create 15,000 jobs here,” he adds.

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