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Aberdeen Indonesia Fund (IF)

  • Thu, Nov. 5, 2:04 AM
    • Indonesia's economy expanded less than analysts estimated last quarter on weak household spending, stagnating foreign investment and declining demand for the country's commodities.
    • GDP rose 4.73% in the three months through September from a year earlier, missing forecasts for 4.8% growth.
    • What about the Trans-Pacific Partnership? Last week, President Joko Widodo said Indonesia plans to join the TPP, although it still remains to be seen if the country could qualify for the deal and overcome political hurdles.
    • Previously: Indonesia to join Pacific trade pact (Oct. 27 2015)
    | Thu, Nov. 5, 2:04 AM | Comment!
  • Tue, Oct. 27, 1:56 AM
    • After speaking with President Obama on Monday, Indonesian President Joko Widodo said his country plans to join the Trans-Pacific Partnership that the U.S. has forged with 11 other countries.
    • "We are the largest economy in Southeast Asia," Widodo said through a translator. "And Indonesia intends to join the TPP."
    • Negotiators completed the deal earlier this month, capping a years-long process to create a regional trade bloc covering 40% of the global economy.
    | Tue, Oct. 27, 1:56 AM | 1 Comment
  • Jun. 3, 2008, 2:34 AM
    Goldman cuts Thailand, Malaysia and Indonesia to Underweight. Tradable via THD, EWM, IF, respectively.
    | Jun. 3, 2008, 2:34 AM | Comment!
Company Description
Aberdeen Indonesia Fund, Inc is a closed-end investment company. The Fund seeks long-term capital appreciation as a primary objective and income as a secondary objective, by investing primarily in Indonesian securities.
Sector: Financial
Country: Indonesia