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Indonesia’s plan for a financial centre to rival Singapore edges forward

The effort is intended to compete with major hubs like Singapore, Hong Kong, and Dubai, but persuading global investors is still at an early stage.

Reported · Written up by our desk · Asia

South China Morning Post highlights that Indonesia is moving toward building a financial centre meant to rival established regional hubs such as Singapore, Hong Kong, and Dubai.

According to the outlet, analysts view the next step as a major challenge, saying the “real work” of attracting and persuading global investors has barely begun.

The story frames the development as an early stage competition for investor attention across Asia’s leading finance markets.

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