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Indonesia’s new sovereign fund signals Asia’s capital awakening

Nishtha Asthana
Southeast Asia’s new sovereign investor is rapidly investing in the region’s growth and green transition, while Singapore’s GIC notes that easing rates, a weaker US dollar, and reforms are drawing global investors back to Asia.
Indonesia’s new sovereign fund signals Asia’s capital awakening

Indonesia’s creation of Danantara Indonesia, a second sovereign wealth fund, has been one of the region’s most closely watched financial developments this year.

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