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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Securities industry needs a makeover: Brokers

  • Ika Krismantari


JAKARTA | Mon, March 2 2009 | 10:31 am

PREMIUM The global financial downturn is taking its toll on the securities industry with slower transactions draining revenue, prompting calls for the industry to consolidate to prevent further losses. The government needs to consider implementing a mechanism to reduce the number of companies overall, brokers say. Aviyasa Dwipayana, president director of the country’s largest broker company...