South Korean cybersecurity firm RaonSecure Co. announced on Tuesday that it secured a project for Indonesia's integrated digital identity (ID) service.RaonSecure will be responsible for building and developing a demo environment of Indonesia's digital services, providing consulting on the fram
Macquarie Korea Infrastructure Fund agrees to buy data center Hanam IDC (Courtesy of Macquarie) Macquarie Korea Infrastructure Fund (MKIF) has signed an agreement to buy a 40-megawatt (MW) data center from Seoul-based IGIS Asset Management Co. for 734 billion won ($538.4 million), the South Kor
Kookmin Bank unveils a community library it built in Indonesia (Courtesy of Kookmin Bank) KB Bukopin, the Indonesian banking arm of South Korea’s Koomin Bank, extended its losing streak through the first quarter of this year, weighed by heavy loan-loss reserves linked to small business ow
Public Officials Benefit Association CIO Huh Jang speaks at ASK 2024 on May 22 South Korea’s Public Officials Benefit Association (POBA), a retirement fund with assets under management (AUM) of 26 trillion won ($19.1 billion), is keeping a close eye on data centers, senior housing a
Hanwha Life headquarters in Seoul (Courtesy of Hanwha) South Korea’s second-largest insurer Hanwha Life Insurance Co., with 109 trillion won ($79.4 billion) in total assets as of end-September 2023, said on Wednesday it will buy shares in a banking unit of Indonesian conglomerate Lippo Gr
LG CNS Co., an information technology service company under South Korean conglomerate LG Group, announced on Thursday that it signed an investment agreement with Indonesia’s conglomerate Sinar Mas to establish a joint venture (JV) of digital transformation (DX) servicesThe new JV&rsquo