Spire COO, Jeffrey Bahar, discusses Japanese investors moving from traditional industries to new-age businesses with DealStreetAsia.

Japanese investors are slowly turning from traditional manufacturing, construction, and engineering industries towards investing in the new-age businesses. Investors like the Mitsubishi Group and Somitomo Mitsui have started betting on the digital companies, targeting the young tech-savvy Indonesians.

According to Jeffrey Bahar, chief operating officer at Spire Research and Consulting, conservative Japanese investors are showing interests in digital businesses, particularly fintechs. He also sees a growing interest in the insurance sector, which may lead to development of Indonesia’s insurtech segment. Mitsui Sumitomo Insurance Group (MSIG) is one of the top investors eyeing the insurance segment. Jeffrey added that there are also signs of Japanese investors’ interests in Indonesia’s retail, food, and beverage (F&B), and agritech sectors in the past three years.

In addition to Indonesia’s large underbanked population, its strong economic growth, political stability, transparency in regulation, and openness to foreign investment makes it a top focus market for investors.

Click here for the full article in DealStreetAsia. This article requires a user subscription.

For media enquiries, please contact:

Marie Teo
Manager, Group Corporate Communications
Spire Research and Consulting
Phone: (65) 6838 5355
E-mail: marie.teo@spireresearch.com