Forbes Asia Editors’ Pick — Indonesia Wealth Creation: Powered Up In 2022

Amid intensifying geopolitical tensions, Indonesia is getting a fresh look from the global investment community. International funds have helped make the Jakarta stock market among Asia’s top performers this year. And while listing activity has been muted in 2022 overall, Indonesia leads its Southeast Asian peers by deal count as of mid-November. The rupiah also has held up well against the U.S. dollar. Robust demand for Indonesia’s coal underpinned exports, and with strong domestic consumption, Southeast Asia’s largest economy is set to expand by 5.3% this year.

Read Michael’s full article on Forbes Asia here.