Indonesia Composite Index (JCI)

Possible cut in interest rate predicted to boost market

REPUBLIKA.CO.ID, JAKARTA -- Mandiri Sekuritas predicted that bond market would be brisk in Indonesia in 2016 if Bank Indonesia cut its benchmark interest rate (BI rate)."Bond market would depend on two factors -- BI rate and inflation. If BI rate was raised bonds would be less attractive," Head of Debt Research of Mandiri Sekuritas Handy Yunianto said in a...

Indonesia's President Joko Widodo (left) shakes hands with China's President Xi Jinping during a welcoming ceremony of the Asia Pacific Economic Cooperation (APEC) forum, in Beijing, November 11, 2014.

Indonesia not to join Trans-Pacific Partnership

REPUBLIKA.CO.ID, BEIJING -- Indonesia's President Joko 'Jokowi' Widodo stated that Indonesia would join neither Trans-Pacific Partnership (TPP) nor Free Trade Area Asia Pacific (FTAAP) unless they give advantages to Indonesia. The Indonesia seventh president emphasized that Indonesia should become a player, not only a big market. "We should calculate first before joining the partnerships. We have to determine which products...