The Jakarta Post
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search results
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search resultsindonesia-stock-exchange
Opinion 1 month ago
PREMIUM
Analysis: P2SK Law offers problematic path to IDX demutualization
Indonesia has taken a significant step toward overhauling the governance of its capital market after lawmakers approved revisions to the Financial Sector Development and Strengthening (P2SK) Law, paving the way for the eventual demutualization of the Indonesia Stock Exchange (IDX). The reform seeks to end the longstanding model in which the exchange is owned by its member brokerages, while also allowing institutions such as Bank Indonesia (BI), the Finance Ministry and state asset fund Danantara to become shareholders. However, rather than eliminating governance concerns, the new framework may simply shift them from conflicts among market participants to more complex questions about the state's role in owning the country's capital market infrastructure.
Opinion 2 months ago
PREMIUM
Analysis: Bond vigilantes send a warning to Indonesia
Indonesia’s financial markets have experienced significant turbulence in recent weeks, with the rupiah depreciating beyond Rp 18,000 per US dollar, the Indonesian Stock Exchange (IDX) Composite index falling by nearly half to below 6,000 points, 10-year government bond yields have climbed to 7.3 percent and the yield curve has flattened considerably amid substantial capital outflows. Together, these indicators suggest that investors are losing confidence in the government’s economic management. Yet the government has shown little indication of adjusting its policy direction.
Markets 5 months ago
PREMIUM
IDX still drafting new free float rules as deadline nears
The bourse is racing against time as it tries to finish new rules on formalizing a minimum free float hike from 7.5 to 15 percent as part of its proposed solution to MSCI, with the Nyepi-Idul Fitri extended holiday just around the corner.
Regulations 6 months ago
PREMIUM
Prabowo ordered purge of IDX, OJK leadership, brother says
Hashim Djojohadikusumo, who is the special envoy for climate change and the brother of President Prabowo Subianto, said the five IDX and OJK officials who resigned soon after last month’s market crash did so in direct response to the President’s order.
Regulations 7 months ago
PREMIUM
Heads roll at IDX, OJK, as govt vows to fix stock market
It is not immediately clear whether the resignations of five high-ranking officials at the Indonesia Stock Exchange (IDX) and the Financial Services Authority (OJK) were voluntary or forced. Senior minister Airlangga Hartarto said President Prabowo Subianto is monitoring the stock exchange following the market meltdown.
Editor's Picks
Popular
- Mass poisonings cast doubt on free meals reforms
- Malaysia must not breathe Indonesia’s governance failure
- New data rules could unlock cross-border data flows
- The state's new muscle
- Jakarta airport and others reopen after volcanic ash crisis
- Anak Krakatau eruption halts flights, schools, fishing
- Soekarno-Hatta airport extends closure after Anak Krakatau eruption
- Barelang Police, Japanese diplomat hold meeting on Batam security
- Travelers scramble as Anak Krakatau ash exposes gaps in contingency plans
- Jakarta international airport extends closure after Anak Krakatau eruption
