Singapore's GIC sets sights on Vietnam, India, and Indonesia

Singapore's GIC sets sights on Vietnam, India, and Indonesia

Singapore's sovereign wealth fund, GIC, is shifting its investment strategy to focus more on emerging markets like India, Indonesia, and Vietnam.
Indonesia to set up 5 billion USD sovereign wealth fund

Indonesia to set up 5 billion USD sovereign wealth fund

The Indonesian government is preparing 75 trillion Rp (5.1 billion USD) for the nation’s sovereign wealth fund (SWF) to attract investment and support the economy as global heavyweights from the United States to the United Arab Emirates have expressed interest to join.