Jakarta, ID
Tuesday, May 29 2012, 01:14 AM

Business

President criticizes stock exchange for one week holiday

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President Susilo Bambang Yudhoyono criticized Tuesday the Indonesian Stock Exchange as it closed the stock market trading for a week.

Yudhoyono said stock exchanges around the globe usually only had two or three days off.

"Does not it [a one-week holiday] bother business activities ?" he said as quoted by kompas.com.

Yudhoyono launched his critique while opening a cabinet meeting.