Indodax Declares Customer Assets Secure

Indonesia’s crypto trading platform Indodax announced on Saturday (14/9/24,) that it holds IDR 11.52 trillion (approximately USD 747.7 million) in proven crypto asset reserves, as it grapples with a recent cyberattack that has disrupted its website for the past few days, according to reporting from Jakarta Globe. Indodax’s trading app remains inaccessible after the cyberattack.
The post Indodax Declares Customer Assets Secure appeared first on Expat Indonesia.

Jakarta Composite Index Hits New Record

According to Jakarta Globe, the Jakarta Composite Index (JCI) set a new record over the weekend, rising 0.18 percent to 7,812.131 from its previous high of 7,798.154 on Thursday (12/9/24.) Market capitalization also hit an all-time high, climbing 4.46 percent to IDR 13,390 trillion (approximately USD 868.82 billion). For the week, the JCI gained 1.17 percent,
The post Jakarta Composite Index Hits New Record appeared first on Invest Indonesia.

Kadin Ready to Strengthen Ties with New Government

Newly elected chairman of Kadin, Indonesia’s Chamber of Commerce and Industry, Anindya Bakrie, expressed the organization’s readiness to work with the next government and strengthen their partnership after the chamber’s extraordinary national deliberation in Jakarta on Saturday (14/9/24,) according to reporting from Antara News. He emphasized that Kadin is a strategic partner of the government
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