The Finance Ministry of Indonesia collected IDR 5.17 trillion (approx. USD $359 million) worth of Islamic bonds (in Indonesian: Surat Berharga Syariah Negara, or SBSN) through an auction on Tuesday (07/08), well above the indicative target of IDR 4 trillion … Continue reading →
In the already busy initial public offering (IPO) month of May, two more companies were added to the Indonesia Stock Exchange on Wednesday (23/05): (1) Sarimelati Kencana, the operator of the Pizza Hut chain in Indonesia, and (2) Guna Timur … Continue reading →
Indonesia’s manufacturing activity improved in April 2018, touching its fastest growth pace in 22 months, on the back of strengthening domestic demand. The Nikkei Indonesia Manufacturing Purchasing Managers’ Index (PMI) rose to a reading of 51.6 in April 2018, up … Continue reading →
Indonesia Stock Exchange (IDX) development director Nicky Hogan said the IDX has set a target to list 630,000 Single Investor Identification (SID). “By the end of this year [the number of investors] is expected to reach 630,000,” Nicky said at … Continue reading →
Indonesia Stock Exchange (IDX) development director Nicky Hogan revealed that foreign investors prefer investing their money in infrastructure companies that are related to development programs in Indonesia. “Other companies favored by foreign investors are those with a large consumer base, … Continue reading →