Singcham Joint Event “H2 Global Market Outlook” with Standard Chartered Bank
WEDNESDAY, JULY 24 2024
HOTEL MULIA
Jalan Asia Afrika Senayan, RT.1/RW.3, Gelora, Kecamatan Tanah Abang, Kota Jakarta Pusat
Daerah Khusus Ibukota Jakarta, Indonesia
Predicting the future is never easy. However, Singcham members who attended a joint event titled “H2 Global Market Outlook” with Standard Chartered Bank on July 24th received some valuable insights on how financial markets may behave in the second half of the year.
Mr Fook Hien Yap, Senior Investment Strategist for Standard Chartered Bank shared his views on possible market trends, focusing on equity and bonds markets. His presentation provided participants with investment ideas and how they should structure their portfolios.
We were also honoured to have Professor Dewi Fortuna Anwar, Chairperson of the Board of Directors at the The Habibie Center grace the event and provide participants with insights on the socio-political landscape following the recent presidential elections. While the new administration under President-elect Prabowo Subianto will mean some new policy directions for the country, she felt that the incoming administration will also provide continuity and forge a large tent coalition with other political parties.
During the panel discussion, moderated by Singapore Chamber of Commerce Indonesia Chairman Shoeb Kagda, participants were given the opportunity to ask a range of questions including Indonesia’s position vis-a-vis the ongoing US-China economic competition; possible movements in the US equity market based on the upcoming presidential elections; and the future of the US dollar against other currencies.
SingCham would like to thank Mr Kuang Yuan LER, Executive Director, International Banking at Standard Chartered Bank for his partnership and support in hosting the joint event.
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