There was a time when Vietnam was named the biggest beneficiary of the US trade war against China, the factory of the world. Then, Indonesia was cast into the spotlight for its electric vehicle (EV) battery production capabilities and its young and largely unbanked population ready for any fintech disruption.
Geopolitics, trade wars, spillover demand from Singapore and growing investor confidence in Malaysia. With declining interest rates threatening banks’ profitability, local and regional players are ready to battle it out for a slice of the country’s incoming investments
It is undisputed that Southeast Asia has become the world’s economic dark horse — a young, digitally savvy population primed to benefit from the fallouts of ongoing trade wars. And each country is taking turns to be in the hot seat for the season.
