Comment from Sandhy Widyasthana, chief operating officer, MDI Ventures
For years, state-owned enterprises (SOEs) around the world have undeservedly been branded as inefficient, with a variety of loss-making business units hampering core revenue drivers. But as the SOE landscape in China has shown, this has not been the case in recent years – not only have profits and revenues increased across the board, but China’s largest SOEs have become key dealmakers in the global acquisitions space.
In Southeast Asia, the outsized influence of SOEs has had varying effects on…
