Indonesia Stock Exchange (IDX)

The Indonesia Stock Exchange (IDX) is considering requiring minimum proceeds for initial public offerings as part of efforts to revamp listing rules.

PT Barito Renewables Energy, a US$85 billion geothermal power producer, is Indonesia’s biggest company by market capitalisation.

This comes as a gauge of the dollar has started trending higher ahead of the Fed’s rate decision on June 12.

According to the group, the Asean region presents a “compelling growth story” for global investors.

GoTo Group plans IPO on Indonesia Stock Exchange to raise US$1.1 billion

A combined Gojek and Tokopedia would dominate in Indonesia, one of the world’s fastest-growing internet economies.

Quoteworthy

“There is a big opportunity in Indonesia,” said Vincent Mortier, deputy chief investment officer at Amundi Asset Management.

JAKARTA (July 4): Indonesian President Joko Widodo said on Tuesday he aims to persuade companies that have significant operations in the country but are listed on overseas stock markets to sell shares on Indonesia's bourse.