Asia M&A and investment review
Global funds trigger "Sell Indonesia" shockwave, enforcing 36% IDX composite repricing
Data from the Indonesia Stock Exchange reveals that the Composite Stock Price Index or Indeks Harga Saham Gabungan has plunged more than 36% from its historical peak.
The Singapore to Malaysia migration reshaping Southeast Asia
An industrial migration is quietly shifting the economic landscape of Southeast Asia, particularly that surrounding Singapore and Malaysia.
Indonesian rupiah drops to historic low of IDR18,000 per US dollar
The Indonesian Rupiah has entered highly volatile territory, dropping to its weakest historical valuation on record as the currency broke through its psychological support wall to cross the IDR18,000 per US dollar mark.
Chinese mining giant Zijin wins Canadian approval for $4bn takeover of Africa-focused Allied Gold
Allied Gold operates producing gold assets and development projects across Côte d’Ivoire, Mali and Ethiopia
Indonesian employers' association, mining cartels yield to country’s $66bn export monopoly
In a political concession to the state’s economic centralisation agenda, Indonesia’s powerful business consortia have announced their support for President Prabowo Subianto's newly launched export monopoly.
India's depreciating currency a symptom of structural problems for New Delhi
The Indian rupee lost nearly 11% of its value against the US dollar y/y between May 2025 and May 2026, a slide that makes it the worst performing currency in the world against the greenback.
Indonesia bets on resource nationalism to plug fiscal gaps
Mineral export bans and upcoming windfall taxes have become the country’s overarching strategy - one that is increasingly running up against regulatory bottlenecks, illegal capital leakages, and local governance deficits.
SMBC Indonesia offloads $1.13bn pensioner loan portfolio to BTN
In one of the largest domestic banking asset reallocations of the year, PT Bank SMBC Indonesia, recently rebranded to reflect its parent Sumitomo Mitsui Banking Corporation, has agreed to sell its pensioner and pre-pensioner retail loan portfolio.
Can Chinese investors revive Nigeria’s troubled state-owned refineries?
Nigeria may give Chinese firms long-term operational and ownership stakes in the troubled Port Harcourt and Warri refineries; repeated state-led rehabilitation efforts have failed to restore stable operations.
Surprise 50 bps Bank Indonesia hike signals hawkish tilt toward currency defence
The move caught the broader market off guard. A majority of 29 analysts predicted a milder 25 bps increase, while the remaining 13 expected the central bank to maintain its pause.
Indonesia seeks yuan lifeline with Panda bond debut
Once the physical and digital supply of yuan enters Indonesia’s domestic banking ecosystem, the government can make it easier for real-world import-export businesses to bypass the US dollar entirely.
Malaysia shifts from Singapore overflow hub to regional AI data centre powerhouse
The Malaysian data centre landscape is in the middle of a transformation, in which the country tries to evolve from a secondary destination for Singapore’s overflow demand into a regional leader in high-value Artificial Intelligence infrastructure.
Middle Eastern consortium offers $200mn to finance Genmin's Gabon iron ore project via JV
Genmin has also received an expression of interest from a Shanghai-listed Chinese group seeking at least a 51% stake, alongside offering construction financing, technical support.
Indian markets snap four day losing streak
The BSE Sensex added 50 points to settle at 74,609, while the NSE Nifty 50 gained 33 points to close at 23,413, with both indices oscillating through positive and negative territory before securing modest gains into the close.
Indonesia, Philippines form nickel alliance to dominate global supply
Indonesia and the Philippines have formalised a strategic alliance to unify the regional nickel industry, effectively creating a nickel cartel that controls nearly three-quarters of the world’s mining output.
Copper nation - Indonesia races to become an EV supply chain powerhouse
Indonesia’s ability to scale its copper output and refining capacity places it at the centre of the 'Green Cold War', allowing it to navigate between major powers by offering a high-capacity alternative to more volatile mining jurisdictions.
India's changing FDI landscape
Capital with adversarial Chinese or Pakistani ownership will hit a wall that each successive regulation has made harder to get around.
Bursa Malaysia slides as UAE’s OPEC+ exit rattles energy markets
Bursa Malaysia ended the morning session in the red on April 30 as investor sentiment soured following news that the United Arab Emirates will officially exit the OPEC+ alliance on May 1.
Asian trade jitters spark fresh Malacca Strait monetisation push
The collapse of maritime stability in the Middle East has cast a long, overdue shadow over the busiest maritime chokepoint in Asia: the Strait of Malacca.
China to list sovereign bonds in Indonesia in reciprocal deal
The deal permits China to issue yuan-denominated sovereign bonds directly on the Indonesian stock exchange for the first time. In return, Indonesia gains equivalent rights to issue Indonesian sovereign debt in China’s domestic market.