Indonesia 02 (Nov 16 - Dec 26)

[behappyalways]

Indonesian demonstrators and police clash during Surabaya protest against new military law
https://m.youtube.com/watch?v=iKQz-d9z_ ... kAaK0XXGki

[winston]

Indonesia seeks to calm investors after stocks, rupiah slide

The rupiah has fallen to its weakest since 1998, following a slide of as much as 7.1 per cent in the main stock index last week, pressured by concerns over government policy, the country’s fiscal position and its growth prospects.

Analysts mentioned poor government communication on fiscal policies and strategies to achieve growth as one of the selloff triggers, in addition to pressure on the market from negative global sentiment.

Key messages will include assurances that the government will not break the legal fiscal deficit ceiling at 3 per cent of GDP and there will be no political interference in the newly set up sovereign wealth fund Danantara Indonesia.

Source: Reuters

https://www.businesstimes.com.sg/intern ... piah-slide