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Finance

Shinhan Financial groups Indonesia bank, card and securities units under business holding company

Shinhan Financial Group has reorganised its governance in Indonesia by moving to a business holding company structure that groups its card and securities affiliates around its local bank. It converted Shinhan Indonesia Bank to serve as a business holding company and launched Shinhan Financial Group Indonesia. The overhaul follows an Indonesian requirement to establish financial holding companies. Shinhan also signed an agreement with Indonesia’s Sinar Mas group to cooperate in corporate and supply chain finance.

People

Younglimwon SoftLab wins ASOCIO Award 2026

Younglimwon SoftLab said on Tuesday it won the Global Business Service Award at the ASOCIO Awards 2026 held in Jakarta, Indonesia. ASOCIO is an international private organisation founded in 1984 to promote the ICT industry in Asia and Oceania and to support exchanges and cooperation among countries. The company said it was recognised for integrated enterprise services centred on ERP, spanning on-premise and SaaS offerings, consulting, maintenance, additional development and operational support.

Games & Commerce

MCST and KOCCA expand cooperation with Indonesia to co-produce documentaries, train talent

South Korea’s Ministry of Culture, Sports and Tourism and the Korea Creative Content Agency are expanding a content talent-training programme in Indonesia into joint production. The two sides plan to produce a documentary featuring Indonesia’s nature and cultural heritage. The agencies ran a HOI invitation training programme for 14 Indonesian government officials last month and signed a co-production agreement between EBS and Indonesia’s culture ministry.