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Jakarta Post
The Jakarta Post
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Fed rate, Trump tax reform and Indonesian economy

  • Winarno Zain
    Winarno Zain

    Commissioner in a publicly listed oil and gas service company

Jakarta | Thu, January 4, 2018 | 08:17 am
Fed rate, Trump tax reform and Indonesian economy Federal Reserve building. (Shutterstock/File)

PREMIUM The Indonesia Stock Exchange (IDX) closed 2017 with a big bang. On Dec. 29, the last day of trading, the Jakarta Composite Index (JCI) reached a record high of 6355.65. It was higher than in China (6.6 percent), Singapore (18.1 percent), Malaysia (9.5 percent) and Thailand (13.7 percent). Out of that gain, a 6.8 percentage point increase was recorded in December alone. This was unprecedented...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.