Hashim Djojohadikusumo: Value of Stocks Drops, Asks Government to Act

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Hashim Djojohadikusumo, president of the Indonesian Chamber of Commerce and Industry (Kadin), expressed dissatisfaction with the Indonesian stock market, citing a drop in the value of his investments. He urged the government to immediately address capital market issues affecting millions of domestic investors, noting that 32.7 million citizens hold brokerage accounts. Djojohadikusumo also raised concerns regarding MSCI's proposal to reclassify the Indonesian stock market, warning about potential impacts on foreign capital flow and investor confidence.

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