Big Isn't Rich. Rich Isn't Investable
Presented by YourCFO
In about five weeks, Southeast Asia’s two biggest growth stories swapped places.
Vietnam got promoted by one of the big index providers. Indonesia got told by another that it might be pushed out of emerging markets altogether, and its stock market fell 11% in a day. Right in the middle of that, the IMF put out a forecast that says Vietnam’s income per person will pass Indonesia’s this year. First time ever.
Meanwhile in Malaysia, where I’m based, the economy is growing at about five and a half percent. If you’re a founder in KL, you would never know it. And in the…
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