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
Microsoft’s chief executive officer met the president of Indonesia on Tuesday, pledging a $1.7 billion investment in artificial intelligence and cloud computing to help develop the archipelago’s AI infrastructure. Indonesia is Southeast Asia’s biggest economy with a population of around 280 million across its sprawling archipelago and there is a growing demand for data centres
The Indonesia Investment Authority (known as the INA) is Indonesia’s state-run investment fund and has been around for about three years now. When the INA was first proposed, it was not really clear what it was going to do or how it would be structured. But with a few years of operations under its belt,
“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
Over the past ten years, China has emerged as a significant foreign investor in Indonesia. Between 2019 and 2022 alone, according to data from the Ministry of Investment, Chinese companies invested $20.9 billion across 9,080 projects in the country. Chinese investments in Indonesia can be categorized into two distinct groups. The first are those of