Tag: indonesia
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MSCI downgrades Indonesia’s information flow criterion on transparency concerns
The index provider said the downgrade reflected opacity in ownership data and market activity, which undermines proper price formation and constrains global investors’ ability to assess the true free float of listed companies.
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MSCI isn’t done with Indonesia yet: new report signals continued concerns over market transparency
MSCI flagged growing concerns about transparency in Indonesia’s stock market.
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Southeast Asia’s OECD hopefuls: Why Thailand and Indonesia are chasing entry to ‘rich countries’ club’
Bidding to join the international Organisation for Economic Co-operation and Development shows Southeast Asian economies are trying to use global standards to raise credibility, attract investment and lock in domestic reforms, experts say.
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Indonesia hit by 6.7 magnitude earthquake
The earthquake hit part of Indonesia’s Sulawesi island. Indonesia lies on the Pacific “Ring of Fire” and is therefore prone to frequent, strong earthquakes.
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6.7 magnitude earthquake shakes part of Indonesia, causing scattered damage
The strong shaking sent people fleeing into open areas in and around Palu, a city of about 400,000 people and the capital of Central Sulawesi province.
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6.7 magnitude earthquake shakes parts of Indonesia
Authorities have urged the public to heed official advice and instructions and exercise caution, warning that aftershocks can last hours.
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Students hold ‘Heading to Bankrupt Indonesia’ protests against Prabowo’s policies
The protesters’ demands include stopping President Prabowo Subianto’s flagship free-meals programme and lowering prices of fuel and staple foods.
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Indonesia: Students march in Jakarta against state spending, fuel price hike
The protesters warn wasteful government spending risks driving the country into bankruptcy.
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Danantara Indonesia unit will not take over contracts in new export plan, meeting minutes show
JAKARTA, June 12 : A unit of Danantara Indonesia assigned to handle strategic commodity exports will not take over existing contracts or customer relationships, according to minutes of a meeting with industry associations seen by Reuters on Friday, easing concerns about potential trade flow disruptions.Invest
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Danantara COO says new DSI unit will oversee exports
JAKARTA, June 11 : The unit of sovereign wealth fund Danantara Indonesia set up as designated exporter for Indonesia’s strategic commodities will oversee deals to prevent fraudulent practices, but will not itself take over exports, a fund executive said on Thursday. • Regulations issued earlier this mont
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