IPO fundraising plunged in Thailand and Indonesia in second half of 2023
Total funding raised in the region dropped 60% amid political uncertainty and China worries.
Source: kr-asia.com
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Total funding raised in the region dropped 60% amid political uncertainty and China worries.
Investment Minister Bahlil Lahadalia claimed the investment in the Nusantara capital city or IKN will benefit business actors.
Prajogo lost title of wealthiest Indonesian to Low Tuck Kwong
As investors turned skittish, shares of Pangestu’s Barito Renewables Energy and Chandra Asri Pacific fell 20% dragging down his net worth.
Indonesian business mogul Prajogo Pangestu grew his wealth seven-fold this year to $31.9 billion.Pangestu was among those who saw the biggest wealth increase