There is still few enthusiasm of companies to conduct an initial public offering (IPO) on the Indonesia Stock Exchange. So far in 2017 only eight companies went public (while there were two companies - Ciputra Surya and Ciputra  Property - that delisted from the exchange this year). However, considering Indonesia's economic growth is accelerating, while Standard & Poor's upgraded Indonesia to investment grade status (which unlocks funds from conservative institutional investors) there should emerge some more enthusiasm.

Lanjut baca ›

The crude palm oil (CPO) price touched its lowest level since 4 May 2017 due to expectations of rising CPO production in Malaysia, the world's second-biggest palm oil producer. At the end of trading on Tuesday (06/06) the palm oil price had fallen 0.08 percent to 2,497 ringgit (approx. USD $585.07) per ton on the Malaysian bourse (August 2017 contracts).

Lanjut baca ›

Bank Indonesia, the central bank of Indonesia, announced it has forced the shutdown of a total of 455 illegal money changers - across Indonesia - by May 2017. These illegal money changers also include many gold shops and travel agents where people can change rupiah for foreign exchange (and vice versa).

Lanjut baca ›

Bambang Brodjonegoro, Indonesian Minister of National Development Planning (Bappenas) and former Finance Minister, is confident that the recent sovereign credit ratings upgrade by Standard & Poor's (S&P) will unlock up to USD $200 billion in potential foreign capital inflows into portfolio investment, primarily into Indonesia's government and corporate bonds as well as stocks. Another advantage is that nations with investment grade ratings enjoy cheaper borrowing costs.

Lanjut baca ›