ASEAN BUSINESS
Indonesia’s new capital welcomes first foreign investor; Malaysia lures investors to Forest City with perks
This week in Asean:
- Indonesia: Central bank to launch central counterparty clearing house next week
- Malaysia: August CPI continues easing to 1.9 per cent, slightly lower than forecast
- Thailand: Businesses call on central bank to stabilise baht amid volatility
- Philippine: Finance chief seeks 50-basis-point rate cut in October
Dear BT reader,
Indonesia’s bold vision for its new capital, Nusantara, is gaining momentum with the launch of two landmark developments backed by Chinese and Russian investors.
TRENDING NOW
Three Holland Village shophouses sold for S$70 million to Tat Lee Bank’s Goh family unit
Palm oil stocks set to surge as Indonesia said to be scaling back export overhaul: analysts
Frasers Centrepoint Trust to sell White Sands mall for S$467 million
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
