Indonesian political maneuvers hinder market reforms amid downgrade threats

MSCI announced in October that it was launching a consultation to propose reclassifying Indonesia as a standalone market. © Reuters Strong concerns on opaque transactions persist despite official efforts JAKARTA — Since global index provider Morgan Stanley Capital International warned early this year that it might downgrade the Indonesian stock market, authorities have been implementing reforms to restore investor confidence – while also maneuvering in ways that worried market participants.

Read the full article at the source →