Dossier
Financial Centre
Coverage of Financial Centre in the Nexus archive.
- Indonesia’s plan for a Singapore rival starts to take shape
Indonesia aims to build a financial centre to rival Singapore, Hong Kong, or Dubai. Parliament passed enabling legislation for the hub, a milestone in President Prabowo Subianto’s efforts to attract foreign capital and boost growth to 8% by 2029. Analysts caution that persuading global investors remains a significant challenge.