Business News

Indonesia Stock Exchange Aims to Reach 1 Million Sharia Capital Market Investors in 2024

The Chief Executive Officer of the Indonesia Stock Exchange (BEI), Iman Rachman, has set an ambitious target, aspiring to see the number of Sharia-compliant capital market investors reach 1 million by the end of 2024. Iman highlighted the allure and immense potential for rapid growth in the Sharia capital market.…

Indonesia's Capital Market Offers Significant Growth Opportunities

In a virtual press conference, Inarno Djajadi, the Head of Executive for Capital Market Supervision, Derivative Financial, and Carbon Exchange at the Financial Services Authority (OJK), expressed optimism regarding the expansive growth prospects of Indonesia's capital market. As of December 29, 2023, the Indonesian stock market demonstrated a robust performance,…

Italy Witnesses Strong Investor Demand in €15 Billion Bond Sale

In the opening days of 2024, Italy experienced robust investor demand, nearly 10 times the targeted €15 billion ($16.41 billion), in a debt sale signaling optimism for Rome amid anticipated challenges in the coming year. The planned issuance involved €10 billion from a new seven-year bond and €5 billion from…

Governor Optimistic That Shrimp Estate Will Boost Economy

Governor Sugianto Sabran of Central Kalimantan is optimistic about the shrimp estate program's potential to unify sectors and boost the region's maritime and fisheries industry, aligning with the national target of two million tons of shrimp production by 2024. During a visit to Sungai Raja Village's shrimp estate in Sukamara…
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