Elisa Valenta

Elisa Valenta

INDONESIA CORRESPONDENT

Elisa Valenta joined BT as its Indonesia correspondent in 2023. She began her journalism career in 2014, reporting on the Indonesian economy with a focus on capital markets, macroeconomics, energy, startups and commodities. Prior to joining BT, she held reporting roles at CNN Indonesia and Forbes Indonesia. With a decade of experience, she brings deep insight into one of South-east Asia’s most dynamic markets.

Coordinating Minister for Economic Affairs Airlangga Hartarto (central) said on Saturday (Jan. 31) that, following instructions from President Prabowo Subianto, the government will implement measures including structural reforms to enhance transparency, as well as steps to boost market liquidity.

Indonesia pledges transparency reforms, probes market manipulation after US$80 billion rout

The reforms follow an MSCI warning on market transparency that sparked a sell-off and forced top officials to resign

The chief executive of the Indonesia Stock Exchange (IDX), Iman Rachman, has resigned.

Indonesia stock exchange chief resigns after MSCI shock triggers market turmoil

The sell-off has drawn swift reactions from global investors

Jakarta revised its state-owned enterprise law last year to clarify that not all losses constitute state losses, but old fears still linger.

Indonesia’s ‘state-loss trap’ and why SOE giants may be too scared to sell

The Grab-GoTo merger has reportedly hit an impasse as government-backed Telkomsel resists a sale that could expose it to tough legal consequences

The Jakarta Composite Index opened 5% down and later fell more than 8%, prompting authorities to halt trading for 30 minutes.

Indonesia shares pare losses after authorities pledge to address MSCI’s transparency concerns

Indonesia shares are hit by second trading halt after MSCI flags transparency concerns

Stock market information displayed at the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia, Jan.20, 2026.

Indonesian equities plunge after MSCI flags ownership, free float concerns

Global index provider cites persistent ‘fundamental investability issues’ and concerns over coordinated efforts to distort prices

Thailand's currency has performed strongly despite soft fundamentals – largely because of its close correlation with gold prices, says Standard Chartered.

Diminishing returns from rate cuts set to test South-east Asia’s growth in 2026

Geopolitical risks and doubts over AI-driven expansion are reducing the economic impact of monetary easing

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AI boosts emerging Asian currencies, but policy and fiscal worries keep markets cautious: BNP Paribas

The ringgit stands out on strong data centre inflows, solid domestic demand and macro stability

The rupiah briefly strengthened 0.13% to 16,934 per US dollar after the policy decision was announced.

BI holds key rate at 4.75% as rupiah tumbles to record low

Governor Warjiyo says that BI is prepared to use its ample foreign exchange reserves to defend the currency

Photographer: Dimas Ardian/Bloomberg

Prabowo and Indonesia’s central bank independence: What markets are watching

Analysts say the perception of political influence over monetary authorities in emerging markets can unsettle investors

Ridha Wirakusumah, chief executive officer of Indonesia Investment Authority (INA).

Indonesia’s sovereign fund INA resets strategy to private-sector deals post-Danantara

It manages about US$10 billion in assets in a portfolio that used to be dominated by state-linked investments