The rich get richer and the poor get poorer. I’m not sure not sure you can expect this to change anytime soon. Fund flows into EM last week broke a three week downtrend with new inflows.
The state-owned, semi-privatized Telkom Indonesia (TLK, quote) is the largest telecommunications company in Indonesia, which is the world’s largest Muslim country, and the fourth most populous country in the world with nearly 240 million people. Here are five reasons why your Telkom Indonesia investment could pay off.
Staying with the emerging market vs. domestic market trade, UBS is out with their Global Emerging Market Strategy Report, otherwise known as GEMS.
Bain & Company is out with a positive outlook on private-equity in Southeast Asia for 2013. The firm expects deal-making to pick up next year on strong economic fundamentals and a reversal of the drop in interest seen since the peak in 2007.
Monday’s best web covers the largest global banks, hiring trends among India IT firms, the consequences of the Lonmin mine massacre, BP’s designs to join TANAP, and Indonesia’s plans to close its budget deficit.
The aviation industry reaped a big payday as Muslims across the Indonesian archipelago flew home for Idul Fitri, the celebration that follows the Islamic holy month of Ramadan. Both domestic and international carriers benefited from high consumer demand for air travel.
Friday’s best web covers Indian companies seeking access to China, a summary of the Turkish information and consumer technology sector, collapsing tin prices, Essar’s procurement of Colombian oil, and the “toilet of the future.”