Indonesia is classified by MSCI as an emerging market. But it now risks being reclassified and removed from its major global indexes altogether. Here’s why - and what it would mean for Southeast Asia’s largest economy. https://t.co/f4yUHk95U1
🚨 MASSIVE CRASH: 🇮🇩 Rp 848,000,000,000,000 ($47 BILLION) wiped off Indonesia’s stock market as stocks plunge around 11.5%.
The biggest daily drop since 1998.
This is insane...
🚨 Indonesia’s stock market crashes over -11% recording its biggest crash since 1998.
MSCI is considering downgrading Indonesia from an "emerging" market to a "standalone" market.
A standalone downgrade could force global funds to sell Indonesian stocks, triggering billions of dollars in outflows.
The move comes amid concerns over market transparency concentrated ownership and trading integrity.
The announcement triggered a massive sell-off and forced a temporary trading halt.
The Indonesian rupiah falls to 18,070 per dollar, nearing its record low of 18,190.
An orange haze is blanketing Indonesia’s Central Kalimantan as wildfires rage across the province.
The smog has drifted across the region, obscuring Singapore’s skyline and closing schools in Malaysia.
Sedih banget ini. Bangsa kita sepertinya betul-betul sakit. Bencana terjadi dimana-mana tetapi dana untuk penanganan bencana dikorupsi di lembaga pemerintahan yg mengurusi bencana.
Bayangkan, OTT korupsi oleh KPK terjadi di Badan Nasional Penanggulangan Bencana (BNPB).
A thick orange haze blanketed Indonesia on Wednesday, as ongoing forest fires continue to burn.
The haze caused a spike in respiratory illnesses in the country as well as a decline in air quality across the region.
skill mahal yang harus dikuasai di umur 25+ adalah kemampuan mengatur emosi dan suasana hati
jangan terlalu bawa perasaan, jangan terlalu berharap banyak, orang bisa berubah kapan aja
hari ini deket, besok bisa jauh, semua bisa hilang, semua bisa pergi sewaktu-waktu.
LAST CALL. 🚨 Go submit now.
I'm not waiting for the timer. The builders list closes the moment I hit my target, and when it's closed, it's closed.
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