Investor Radar: Indonesia and India in the Limelight

Global investment firms are setting their sights on Indonesia and India, deeming them promising investment prospects. Leading investment entities such as BlackRock Inc, Fidelity International, Robeco Group, and Abrdn are identifying India and Indonesia as two standout countries in the Asia-Pacific region, offering many investment opportunities. Manjesh Verma, BlackRock's Head of APAC Credit and Fixed Income Research, highlighted the distinctive features of these two nations during an investment forum in Jakarta on Mar 5. He emphasized their significant population, expansive markets, and flourishing democracies.

However, Manjesh added that India and Indonesia must deepen their financial markets, including the equity and currency markets. Before this, Kitty Yang, an Analyst specializing in tactical asset allocation for multi-assets at Fidelity International in London, stated that India and Indonesia exhibit strong short-term and long-term fundamentals. "Positive [and sustainable] reforms support the growth over the past decade under the leadership of Prime Minister Narendra Modi in India and President Jokowi in Indonesia," she remarked.