{
    "success": true,
    "data": {
        "id": 1332079,
        "msgid": "jsx-performance-in-2003-1447893297",
        "date": "2003-12-27 00:00:00",
        "title": "JSX performance in 2003",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "JSX performance in 2003 Jan. 1: The government lifts fuel prices by 22 percent, causing protests from the public. Jan. 7: The government increases minimum wages nationwide by between 5.3 percent and 28.79 percent. March 20: The U.S.-led coalition launches war on Iraq, causing a temporary slide in the local stock market. May 5: The government announces its decision to exit from the International Monetary Fund (IMF) economic bailout program.",
        "content": "<p>JSX performance in 2003<\/p>\n<p>Jan. 1: The government lifts fuel prices by 22 percent, causing <br>\nprotests from the public.<\/p>\n<p>Jan. 7: The government increases minimum wages nationwide by <br>\nbetween 5.3 percent and 28.79 percent.<\/p>\n<p>March 20: The U.S.-led coalition launches war on Iraq, causing a <br>\ntemporary slide in the local stock market.<\/p>\n<p>May 5: The government announces its decision to exit from the <br>\nInternational Monetary Fund (IMF) economic bailout program. It <br>\nalso announces that a consortium of Temasek Holdings Pte. Ltd. <br>\nand Deutsche Bank has won an auction for a 51 percent stake in <br>\nBank Danamon for Rp 3 trillion (US$352 million). Two days later, <br>\nthe rupiah ends at an 11-month high of Rp 8,530.<\/p>\n<p>June 12: State-owned telecommunications company PT Telekomunikasi <br>\nIndonesia (Telkom) discloses a possible delisting of its shares <br>\non the New York Stock Exchange by the U.S. Securities and <br>\nExchange Commission due to an inaccuracy in its 2002 audited <br>\nfinancial report. Telkom is the largest counter on the Jakarta <br>\nStock Exchange (JSX).<\/p>\n<p>July 14: State-owned Bank Mandiri, the country's largest bank in <br>\nterms of assets, is listed on the JSX. Mandiri offers 20 percent <br>\nof its stake in the country's largest initial public offering <br>\n(IPO) since the 1997 financial crisis, raising around Rp 2.7 <br>\ntrillion in proceeds.<\/p>\n<p>Aug. 5: Terrorists attack the JW Marriott Hotel in the Mega <br>\nKuningan business district in South Jakarta, causing a temporary <br>\nslide in the stock market.<\/p>\n<p>Sept. 15: The government announced the country's post-IMF <br>\neconomic reform program, called the \"White Paper\", aimed to <br>\nmaintain investor confidence in the economy after existing the <br>\nIMF economic bailout program.<\/p>\n<p>Sept. 16: The House of Representatives passes a new money-<br>\nlaundering law to help the country avoid financial sanctions from <br>\ndeveloped nations and to help track money resulting from illegal <br>\nbusinesses or sources.<\/p>\n<p>Oct. 29: A consortium led by South Korea's Kookmin Bank and <br>\nSingapore's Temasek Holdings Pte. Ltd. is named as the winning <br>\nbidder for a 51-percent stake in Bank Internasional Indonesia <br>\n(BII) from IBRA for $350 million.<\/p>\n<p>Nov. 10: State-owned Bank Rakyat Indonesia (BRI), the country's <br>\nfourth largest bank in terms of assets, is listed on the JSX. BRI <br>\nsold 41 percent of its stake through an IPO, raising around Rp <br>\n4.17 trillion in proceeds.<\/p>\n<p>Dec. 15: State-owned gas distribution company PT Perusahaan Gas <br>\nNegara (PGN) is listed on the JSX. PGN sold 30 percent of shares <br>\nthrough an IPO at a price of Rp 1,500 per share, raising around <br>\nRp 1.9 trillion in proceeds.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/jsx-performance-in-2003-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}