Indonesia lets listed firms buy back shares without shareholder approval until June 2027

Indonesia’s Financial Services Authority (OJK) said Monday it has extended the policy allowing listed companies to…

What to know about the 10 Singapore-based companies issued notices over transboundary haze

From a company linked to the maker of Indomie to a palm oil giant with plantations…

Bank Indonesia says rupiah remains manageable after MSCI market shock

Bank Indonesia (BI) has assured markets that fluctuations in the rupiah exchange rate remain manageable following…

Indonesia battles to stabilise market after MSCI expulsion threat

Indonesian stocks rose on Tuesday as authorities in Jakarta introduced measures to restrict selling after a…

Indonesia market sinks to 2020 levels on threat of MSCI demotion

The main stock index in Jakarta closed at its lowest level in six years today, following…

MSCI, its classifications and what they mean

Global index provider MSCI said on Friday it was considering downgrading Indonesia’s stock market to “standalone”…

Indonesia finance minister ousted after clash with Prabowo’s ex-army colleague, sources say

Indonesian President Prabowo Subianto sacked Finance Minister Purbaya Yudhi Sadewa after he clashed with a top…

Bank Indonesia to intervene in forex, bond markets to stabilise rupiah, official says

Bank Indonesia said on Monday it will intervene in the foreign exchange market to ensure it…

Rupiah set for biggest weekly fall since May as higher US yields, stronger dollar bite

Indonesia’s rupiah was set for its biggest weekly fall since late May on Friday, pressured by…

BI prepares monetary strategies to safeguard rupiah against US dollar

Bank Indonesia (BI) is preparing a series of monetary, macroprudential and payment system strategies to maintain…