Ghosts of ’97 haunt Prabowo as MSCI eyes Indonesia’s exit

2026, it is learning how quickly an index provider can show Southeast Asia’s biggest economy the exit, wreaking havoc on its stock market. The provider is MSCI, which may be about to follow through on its threat to downgrade Indonesian stocks to “frontier” status, or to something worse: a standalone market category. President Prabowo Subianto’s […] The post Ghosts of ’97 haunt Prabowo as MSCI eyes