• Fitch Ratings Affirms Indonesia's Sovereign Credit Rating at BBB-

    Fitch Ratings, one of the three big global credit rating agencies, affirmed Indonesia's long-term foreign- and local-currency issuer default ratings (IDRs) at 'BBB-' (investment grade) with a positive outlook. Meanwhile, the issue ratings on Indonesia's senior unsecured foreign- and local-currency bonds and foreign-currency sukuk was also affirmed at 'BBB-'. The country ceiling has been affirmed at 'BBB' and the short-term foreign- and local-currency IDRs at 'F3'. The senior unsecured short-term issues have also been affirmed at 'F3'.

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  • Mark Dynamics Indonesia Listed on the Indonesia Stock Exchange

    Mark Dynamics Indonesia became the 20th company to list on the Indonesia Stock Exchange in 2017. The company, based in North Sumatra, manufactures premium ceramic hand formers for industrial, medical, and household purposes. At the listing ceremony in Jakarta on Wednesday (12/07) Yeoh Sek Boon, President Director of Mark Dynamics Indonesia, said the listing is a historic event for the company, and should also be a great source for further growth.

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  • Oil & Indonesia: Interview with Economist Lana Soelistianingsih

    An interesting interview with Lana Soelistianingsih was published in Indonesian tabloid Kontan, a magazine that focuses on the economy and financial markets of Indonesia. Soelistianingsih is Head of Economy at Samuel Aset Manajemen as well as a teacher at the Economics Department of the University of Indonesia. The topic of the interview is crude oil.

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  • Will Indonesia Move the Capital Away from Jakarta & Java Island?

    The Indonesian government is still studying the possibility of building a new capital city in Indonesia, thus replacing Jakarta that has become overcrowded with approximately 10 million official residents (the real figure may be much higher as many unregistered Indonesians live in the capital). Moreover, every morning there is a huge inflow of people (originating from the satellite cities around Jakarta) who are heading to their office or place of work. This causes great pressure on the city's fragile infrastructure.

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