The Hormuz crisis is putting more pressure on Indonesia's fuel subsidy bill. The Celios report shows what gets crowded out: the rural solar programs that reduce long-term import dependency.
HDBank has raised its stake in HD SAISON Finance from 50% to 75%, securing majority control of one of Vietnam's top consumer lenders ahead of a planned IPO.
APM Terminals has taken a 49% stake in Hateco Hai Phong International Container Terminal, its first direct port investment in Vietnam and a bet on the country's growing role in global trade.