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View all search resultsDespite being deemed a resilient sector by market players because people always buy consumer goods regardless of the economic situation, the price index of those stock declined by 20.92 percent year-to-date (ytd) as of Dec. 18
APRDI chairman of the presidium Prihatmo Hari Mulyanto said on Dec. 11 that the Financial Services Authority’s (OJK) recent suspension of mutual fund products issued by Narada Asset Manajemen and Minna Padi Aset Manajemen would not cause the mutual funds industry to crumble.
The “green is the new black” sustainability trend has reached the financial world as investors and financial institutions are slowly turning to invest in environment, social and governance (ESG)-compliant assets in Indonesia.
Closing the long-term financing gap and expanding long-term domestic investment will not only help to fund Indonesia’s growth but will also prepare a pool of domestic savings for the future income and healthcare needs of a rapidly aging population.
The low participation of individuals in Indonesia’s stock market leaves much potential to be tapped by securities companies operating in the country, so much so that they are tailoring their business strategies toward luring local individuals.
As foreign brokerage Merrill Lynch decides not to resume trading on Indonesia's bourse and Deutsche Bank securities branch here may do the same, questions abound about if this says anything about the domestic capital market's performance.
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