Foreign investors take a shine to Indonesia as Malaysia political woes bite

Malaysia’s political instability may be nudging foreign investors, especially tech giants, towards neighbouring Indonesia, where clear regulations and a thriving start-up ecosystem are giving it an edge in the race to dominate Southeast Asia’s burgeoning digital economy, analysts say.Over the past decade, Indonesia has pulled in billions in foreign direct investment (FDI), including from Amazon and Google, and the country of 270 million people is set to grow further with an abundant workforce…

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