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The asset manager made its maiden Indonesia investment in global instant noodle maker Indofood Sukses Makmur in June and plans for more investments.
Asean Business

Indonesia sell-off lures US$29 billion South African money manager who sees ‘compelling opportunities’

The consolidation is part of efforts by Danantara to increase the productivity of Indonesia’s state-owned companies.
Asean Business

Danantara seals creation of Indonesia’s biggest asset manager

While transactions involving smaller factories have moderated, strategic industrial land continues to command strong demand. 
Asean Business

Malaysia’s industrial property market shifts beyond the data centre boom

Amit Saberwal, RedDoorz founder and CEO, says Indonesia continues to drive the company’s growth despite a softer macroeconomic backdrop.
Asean Business

Budget-hotel platform RedDoorz set to knock on SGX’s door for 2027 IPO

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Indonesia has been placed under review by MSCI since January.
Asean Business

S&P Dow Jones puts Indonesia on watch list for market downgrade

MSCIIndonesia
With tourism and outbound shipments two of the South-east Asian economy’s biggest drivers, Europe’s heat waves are creating opportunities on both fronts.
Asean Business

Thailand woos heat-weary Europeans with travel and ACs

ThailandTourism
Performance was mixed across Singapore, Thailand and Hong Kong Reits in June.
Reits & Property

S-Reits poised for rerating despite hawkish Fed backdrop: DBS

Singapore REITsS-Reits
The planned separation plant would be able to process about 13,000 tonnes of rare earths annually, Carester CEO Frederic Carencotte said.
Asean Business

French firm Carester to build rare earths separation plant in Malaysia’s Perak

Rare earth metalsMALAYSIA
Supaporn increased her stake in True Corporation from 3.9% earlier by acquiring shares through an international broker, according to a regulatory filing.
Companies & Markets

Thai regulator probes mystery investor’s US$1 billion stake in CP Group-backed telecom

Stock Exchange of ThailandConglomerates
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ASEAN

While transactions involving smaller factories have moderated, strategic industrial land continues to command strong demand. 
Asean Business

Malaysia’s industrial property market shifts beyond the data centre boom

MALAYSIAMalaysia property
Construction site of the Sun Group-invested expansion project for Phu Quoc International Airport.
Asean Business

Vietnam’s island megaproject races towards Apec deadline, but demand test looms

VietnamAsean Business
Without targeted acceleration, Vietnam’s full-year growth could reach only 8.7%, or fall closer to the World Bank’s more moderate 6.8% forecast.
Asean Business

Four wild cards stand between Vietnam and its 11.9% H2 growth target

VietnamAsean Business
Prime Minister Lawrence Wong’s trip to Jakarta comes shortly after his two-day official visit to Timor-Leste last week.
Singapore

PM Wong to visit Jakarta on Monday for annual leaders’ retreat with Indonesia’s Prabowo

Lawrence WongIndonesia
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