Malaysia’s political instability may be nudging foreign investors, especially tech giants, towards neighbouring Indonesia, where clear regulations and a thriving start-up ecosystem are giving it an edge in the race to dominate Southeast Asia’s burgeoning digital economy, The South China Morning Post reported, citing analysts.
Over the past decade, Indonesia has pulled in billions in foreign direct investment (FDI), including from Amazon and Google, and the country of 270 million people is set to grow further with an abundant workforce and a well-educated middle class to power its growth.
Read the full report: South China Morning Post.
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