Indonesia has serious issues to address: Invesco
Indonesia's government bodies waited too long before cutting subsidies. But according to an HSBC report, they are on the right track.
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The investor exodus from Indonesia continues, with the Indonesia Stock Exchange dropping 2% in one day on September 2, after $2.8 billion in stock market outflows this summer.
Investors’ rush for the exits is due to a combination of factors – the weakening currency, a widening account deficit and expectations that the US Federal Reserve will curb bond purchases under its quantitative easing programme.
More recently, skittish behaviour can be attributed to fears over military act…
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