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Indonesia Hopes to Lure Family Offices to Jakarta
Business/Economy

Indonesia Hopes to Lure Family Offices to Jakarta

Critics not sure that’s a good idea

Jul 11, 2024
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Asia Sentinel
Asia Sentinel
Indonesia Hopes to Lure Family Offices to Jakarta
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By: Ainur Rohmah
Where money goes to hide

With Singapore tightening its regulations on family offices following a massive US$2.2 billion money laundering scandal they triggered in 2023, Indonesian officials see an opportunity to capitalize as a new hub for managing wealth to attract investment and boost economic growth. That has critics raising alarms ove…

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