Economic News

Indonesia bourse targets growth despite headwinds
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A visit by President Joko Widodo in April threw a spotlight on the Indonesia Stock Exchange (IDX), with the exchange’s benchmark hitting an all-time peak of 5523.29 in the days before the visit. Since then, the Jakarta Composite Index (JCI) index has eased, falling 6% from its high in April, due to concerns over slower-than-expected economic growth, a sliding rupiah and rising import costs. But…

Economic News

Indonesia tackles education improvement
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Investment in education is high on the agenda in Indonesia, but the high number of difficult to access rural areas across the archipelago is hampering the reform process. In its most recent economic survey of the country, the Organisation for Economic Co-operation and Development (OECD) suggested a series of reforms to improve the quality of education in a bid to equip Indonesia’s young population…