Friday, January 24, 2025

CITIC CLSA ASEAN Forum showcases investment opportunities in Indonesia, SE Asia

Reading Time: < 1 minute
Gusty da Costa

Journalist

Editor

Interview

Jakarta − The 20th CITIC CLSA ASEAN Forum began on Tuesday, June 11, 2024, bringing altogether over 600 delegates from 16 countries, including more than 300 institutional investors and 300 senior executives from 110 of the region’s top growth companies.

The three-day Forum connects specialists, influential business leaders, and analysts, who shed light on the countless bright spots ripe for the taking within Indonesia and across Asean.

The Forum unveils insights on crucial themes such as technology, ESG, global equities and the macro environment. Thought leaders share unique perspectives and lead thought-provoking discussions through one-on-one and group engagements.

Alexander Redman, Chief Equity Strategist at CITIC CLSA, opened the Forum with a presentation on investing in ASEAN and beyond. Other speakers include Indonesia’s Coordinating Minister for MAritime Affairs and Investment Luhut B. Pandjaitan and Bonnie Y. Chan, CEO of Hong Kong Exchanges and Clearing.

“ASEAN is witnessing solid economic growth on the back of digital transformation, urbanization and a rapidly-expanding middle class. This region is quickly evolving into a global powerhouse, with manufacturing shifts and sustainability initiatives creating unprecedented opportunities. Our Forum serves as an all-in-one platform for investors to connect with industry leaders and market experts, providing rare perspectives to help them capitalize on Southeast Asia’s rising trajectory.” Edward Park, Deputy Chief Executive Officer at CITIC CLSA, said.

Shaun Cochran, Head of Research at CLSA, added: “After more than a decade of market leadership by US indices, emerging markets − and Asean in particular − present significant market opportunities in both absolute and relative terms.”

Gusty da Costa

Journalist

 

Editor

 

Interview

SUBSCRIBE NOW
We will provide you with an invoice for your reimbursable expenses.

Free

New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.

Premium

$550 USD/Year

or

$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
Schedule a free consultation with us:

We’ll contact you for confirmation.

FURTHER READING

The Corruption Eradication Commission (KPK) has arrested Paulus Tannos, a key player in the e-KTP mega project corruption case that had ensnared Setya Novanto, former Speaker of the House of Representatives (DPR).
The Ministry of Energy and Mineral Resources (ESDM) is in need of US$1.1 trillion (Rp16,260 trillion) in investment to realize the national electricity general plan (RUKN) to establish a majority of new and renewable energy (EBT)-generated power plants by 2060.
Minister of State Secretary (Mensesneg), Prasetyo Hadi, has hinted at the government’s decision to save the 2025 state budget (APBN) for the sake of increasing funding for the free nutritious meals program (MBG).
The government is determined to accelerate the target of building nuclear power plants (PLTN) in 2029-2032, a commitment stipulated in the draft of National Electricity General Plan (RUKN) 2025-2060.
The government has projected that the power generation capacity in 2060 will reach 443 gigawatts (GW), some 79 percent of which will come from new renewable energy (EBT).
A lawyer for PT Agung Sedayu Group, a parent company of PT Pantai Indah Kapuk Dua (PIK 2), has defended the legality of the national strategic project (PSN) PIK 2 and clarified its involvement in the erection of the 30-kilometer sea fence off Tangerang waters, Banten province.