Invesment risk may increase after bombings

Indonesia’s investment risk could increase following the bomb blasts at the JW Marriot and Ritz-Carlton hotels in Kuningan, South Jakarta, an analyst has said.

Indonesian Stock Analyst Association secretary-general Haryajid Ramelan said on the weekend that investors would now wait and see because of uncertainty in the market after the bombings, kompas.com reported.

However, Haryajid was optimistic that the government would be able to restore market confidence quickly.

"Confidence will return as long as the government could convince investors that the bomb blasts were purely terrorist attacks and not related to domestic politics," he said.

“The government must also be quick to find the terror mastermind and punish him."

Haryajid also said the government must be able to show that the recent election was free, just and fair.