{
  "id": 18498851,
  "title": "Indonesia presses ahead with equity market reforms after MSCI downgrade warning",
  "url": "https://urgent.news/2026/11/06/indonesia-presses-ahead-with-equity-market-reforms-after-msci",
  "topic": "world",
  "section": "World",
  "published": "2026-11-06T11:58:13.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/economy/2026/11/1572360/indonesia-presses-ahead-equity-market-reforms-after-msci-downgrade"
  },
  "original_language": "en",
  "account": "Indonesia is stepping up reforms to address equity market concerns that led MSCI to threaten its status and potentially remove it from major indexes, Investment Minister Rosan Roeslani revealed to Reuters. MSCI placed some index changes on hold due to unclear share ownership and potential coordinated trading, warning it could demote Indonesia to standalone market status, which would have caused significant investor outflows. This warning prompted the largest one-day drop in Indonesian stocks in 28 years. Roeslani stated authorities have made progress on free float and disclosing holdings above 1%, but there is still work to be done on enforcement and addressing concentrated stocks. They are working closely with MSCI to improve the capital market. The government's reform efforts have intensified since the MSCI warning, and Indonesia is looking to raise more private investment in state assets through privatization. The government plans to begin divesting stakes in state-owned entities next year, either through IPOs or private placements, with airports, seaports, and healthcare being the most likely candidates. Rosan, who heads Indonesia's sovereign wealth fund Danantara, announced plans to open offices in New York, Hong Kong, and Saudi Arabia to attract more investors and capitalize on under-valued assets. The fund could eventually shift its domestic to international investment ratio from 80% to 20% to 60% to 40%. Danantara could also issue additional debt if market conditions and yields are favorable, potentially including a 30-year bond.",
  "summary": "LONDON: Indonesia is accelerating reforms aimed at addressing the equity market concerns that prompted index provider MSCI to threaten its emerging-market status and remove it from indexes tracked by funds, Investment Minister Rosan Roeslani told Reuters.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}