magine you are a super-rich businessman who receives an invitation to invest in Indonesia. After doing your homework, you know that this country has potential. However, you still hesitate to invest because you know that Indonesia’s real estate market is still immature. Having an immature market means that Indonesia’s market does not yet provide a
“Currently, not many countries have good economic growth, maintained political stability, demographic bonus, and abundant natural resources. This means Indonesia should be a promising investment destination and a global talent destination for work. This will significantly affect the country, including capital gains, job opportunities, technology transfer, improvement
Australian copper has been added to the shopping list of wealthy Indonesian families already active in Australian coal. Mach Metals, an arm of the Jakarta-based Salim Group, agreed on Monday to pay $265 million for Rex Minerals which owns the big but undeveloped Hillside copper project in South Australia. Best known for its investments in
By Stefanno Sulaiman and Rae Wee JAKARTA/SINGAPORE (Reuters) – Indonesia’s President-elect Prabowo Subianto wants to give school children free meals, but the plan and his pledge to be ‘daring’ on spending have the country’s debt and currency markets on edge. Prabowo and his team have tried to distance themselves from any suggestions of fiscal profligacy,
A start-up is trying to catch the artificial intelligence (AI) surge to bring financial services to the underbanked population in developing markets. Meet Surfin-Meta, a Singapore-based fintech company that is making waves – and money – with its inclusive vision of financial empowerment. The firm, with services spanning lending, credit cards, payment remittance and wealth
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investor sentiment in Asia is set to open the week on a positive note on Monday, buoyed by last week’s upward momentum in global stocks, calmer currency markets, and a general easing of financial conditions. The main regional calendar events include
“Because of the more challenging investment environment, investors are becoming more selective and investing in companies that are past the ideation stage,” said Lawrence Loh, a professor at the National University of Singapore Business School. Who is Truong My Lan? From market stall to Vietnam’s biggest fraud case Singapore – home to about 4,000 tech