Penampang to host indigenous arts and music at North Borneo festival
The festival’s fifth edition runs on Oct 31 and Nov 1, with participants from Sabah, Indonesia, Taiwan, the Philippines and Guam.
Stories about Indonesia from every section of Asean Coverage.
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The festival’s fifth edition runs on Oct 31 and Nov 1, with participants from Sabah, Indonesia, Taiwan, the Philippines and Guam.
The Philippine peso fell 0.23% and Indonesia’s rupiah lost 0.22%, while the South Korean won led gains against the US dollar.
Indonesia’s currency held steady after an 11.32 per cent stock market fall amid uncertainty over a possible MSCI reclassification.
Reserves of the subsidised RON 90 fuel stand at 16 to 18 days, below the normal 20-day level, as motorists switch from higher-priced alternatives.
The shareholder bought 1.38 billion BGTG shares at Rp125 each in transactions valued at Rp172 billion.
Indonesia’s coordinating economic minister linked the currency’s decline to MSCI’s proposed market reclassification, which is not yet final.
Indonesian athletes are contesting seven sports with medal events on October 19, while several other competitions remain in their early rounds.
Insurers would need to meet financial health requirements before joining, with phased registration planned for firms not initially eligible.
A final decision is due by 30 June 2027, while FTSE Russell continues to classify Indonesia as a Secondary Emerging Market.
MSCI is consulting investors on a possible change to Indonesia’s market classification, with a final decision due by 30 June 2027.