• IPO Urban Jakarta Propertindo on the Indonesia Stock Exchange

    Urban Jakarta Propertindo, a Jakarta-based property developer that focuses on the integration between property development and the availability of public transportation, will offer 600 million shares - equivalent to 16.85 percent of the company's total shares - to the public through an initial public offering (IPO) on the Indonesia Stock Exchange.

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  • Current Account Deficit Indonesia Widens to 3.37% of GDP in Q3-2018

    In line with expectations, Indonesia's current account balance showed a wide deficit in the third quarter of 2018 (and one that has widened compared to preceding quarters). Indonesia's current account deficit was recorded at USD $8.8 billion, equivalent to 3.37 percent of the country's gross domestic product (GDP), in the third quarter of 2018.

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  • Road to Indonesia's 2019 Presidential Election; Hoaxes & Corruption

    It could be a coincidence but there is a peak in high-profile corruption cases ahead of the 2019 elections. In another article in the October 2018 research report we discuss the cases of the Lippo Group and Sinar Mas Group, two of the biggest conglomerates in Indonesia. It is widely known that big companies have their networks in political circles, such as the House of Representatives (DPR) and at the political top in provinces.

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