Indonesia speeds up stock exchange demutualization to drive capital market reform
JAKARTA, Jan. 30 (Xinhua) -- The Indonesian government has decided to accelerate the demutualization of the Indonesia Stock Exchange (IDX) amid negative market sentiment following index rebalancing and a recent two-day decline in the benchmark Jakarta Composite Index.
"The government wants to fast-track the demutualization of the exchange to prevent unhealthy market practices," Coordinating Minister for Economic
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