E-commerce giant PT Bukalapak.com marks its listing on the Indonesia Stock Exchange through an initial public offering (IPO) in a virtual conference on Friday. Bukalapak is the 28th company to go public this year. - Courtesy of Bukalapak)
JAKARTA (The Jakarta Post/ANN): Indonesia could be on the cusp of significant changes in overseas investment into the country. We anticipate growing foreign interest not only in the stock market, but also in direct manufacturing capacity, and infrastructure financing.
A significant change in the flow picture into Indonesia could be expected in the coming years. We think Indonesia is poised to transition from being a magnet for debt capital to being an attractive destination for equity capital.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
