INA: Hong Kong must resurrect itself as the gateway to North Asia for Asean

When it comes to the competition between Singapore and Hong Kong as Asia’s top finance and trade hub, it’s a fact universally acknowledged that Hong Kong is the doorkeeper for North Asia, while Singapore’s turf is South and South East Asia. However, the head of Indonesia’s newly minted sovereign wealth fund — Dr Ridha Wirakusumah, Chief Executive Officer at the Indonesia Investment Authority (INA) — has said that a stronger post-Covid Hong Kong should pivot towards South East Asia…