Foreign direct investment (FDI) in the country — once shunned because of its corruption, political unrest and poor infrastructure — rocketed from SG$508 million (US$372 million) in 2006 to SG$4.4 billion last year, according to International Enterprise (IE) Singapore figures. Full story
Singaporean investors pour money into Indonesia to tap commodities
The China Post, 13 Aug 2010
SINGAPORE -- Singapore investors are flocking to Indonesia with an eye to tapping its rich commodity reserves and fast-expanding consumer base.
Foreign direct investment (FDI) in the country — once shunned because of its corruption, political unrest and poor infrastructure — rocketed from SG$508 million (US$372 million) in 2006 to SG$4.4 billion last year, according to International Enterprise (IE) Singapore figures. Full story
Foreign direct investment (FDI) in the country — once shunned because of its corruption, political unrest and poor infrastructure — rocketed from SG$508 million (US$372 million) in 2006 to SG$4.4 billion last year, according to International Enterprise (IE) Singapore figures. Full story
