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Investment returns for local life insurance companies plummet as a result of a recent sharp downturn in the Indonesian Stock Exchange (IDX) Composite index.
KUALA LUMPUR: The stock exchanges of Malaysia, Indonesia, Thailand and Singapore are collaborating on the Asean-Interconnected sustainability Ecosystem (Asean-ISE) to advance the region's sustainable development through the implementation of common ESG metrics in their respective data infrastructures.
JAKARTA: experts warn that the revised Indonesian Military (TNI) Law passed on March 20 and the subsequent social unrest could lead to economic repercussions, including an adverse impact on investor confidence.
KUALA LUMPUR: Axiata Group Bhd and Sinar Mas announced that shareholders of PT XL Axiata Tbk, PT Smartfren Telecom Tbk, and PT Smart Telcom (SmartTel) have formally approved the merger of the three companies into XLSMART.
KUALA LUMPUR: Eight enterprises have been issued an infringement decision and fined a combined total of about RM93mil for engaging in a bid-rigging cartel involving three government projects worth about RM474mil, says the Malaysia Competition Commission (MyCC).
KUALA LUMPUR: Eight companies will file an appeal against the decision of the Malaysia Competition Commission (MyCC) regarding the RM92.8mil penalty imposed on them over allegations of their involvement in a bid-rigging cartel for open tenders.
Bank Indonesia (BI) has kept its key interest rate unchanged amid a weak rupiah exchange rate, but the central bank has pinned its hopes on portfolio inflows to lift the currency's worth.
KUALA LUMPUR: The Malaysia Competition Commission (MyCC) has issued a fine of RM92,876,078 against eight companies for engaging in a bid-rigging cartel involving government tenders.
Experts and industry players say the government must establish transparent targets and clear consequences for its upcoming general carbon trading scheme to ensure it delivers on the country's emissions reduction targets.
US stocks ended lower on Tuesday, with the tech-heavy Nasdaq veering near correction territory, as trade tensions escalated following US President Donald Trump's new tariffs on Canada, Mexico and China.
KUALA LUMPUR: The Malaysia Competition Commission (MyCC) has imposed a penalty of RM92,876,078.90 on eight enterprises for engaging in bid-rigging cartel activities involving two tenders from the Public Works Department (JKR) and one tender from the Irrigation and Drainage Department (DID).
JAKARTA: The market has shown little to no reaction to the appointment of three new deputy ministers under President Joko “Jokowi” Widodo, two of whom have close ties with president-elect Prabowo Subianto, as global circumstances play a more commanding role for traders.
The Asean-Interconnected Sustainability Ecosystem (Asean-ISE) initiative, which aims to create a harmonised Asean sustainability ecosystem, continues to make strides.
JAKARTA: With the recent benchmark rate cuts by the United States Federal Reserve (Fed) and Bank Indonesia (BI) signalling an end to the period of high interest rates, analysts are turning bullish on equities and corporate bonds.
JAKARTA: The Indonesia Stock Exchange (IDX) said the country welcomed more than one million new equity investors in the first eight months of the year, as shown by the number of new single investor identities (SIDs) in the stock market
THIS year, market participants all over the world witnessed a fascinating phenomenon in the South Korean banking sector.
Indonesia launched trading in a new carbon emissions credit market as it aims to curb the climate impact of its coal-dominated power sector and hit net zero by 2060 or sooner.
JAKARTA: Homegrown tech giant GoTo is set to close its operations in Vietnam on Sept 16, according to a company announcement on Wednesday (Sept 4), as it seeks to close the gap to achieve profitability.
Indonesian authorities are discussing new guidelines on topics such as dual classes of shares for companies, with the measures likely to be rolled out this year, a stock exchange official has announced..
