FastSaying
Fitch has already secured a license to do business here, while S&P is currently seeking a local partner.
Darmin Nasution
Business
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Our objective is to deepen and expand the market, reduce (price) instability, and boost transparency and efficiency.
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Tax revenues for the state are still far (below) the real potential. I will gather more information and set up a new system to prevent loss of revenue as well as expanding the number of new taxpayers.
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So, we concluded that this (merger process) is not only important, but must be implemented immediately. The move to install better trading facilities in the bond market will be much easier if we first merge the two exchanges.
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We hope the funds invested in the capital market, including bonds, will increase significantly.
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To achieve that, we need to have qualified rating companies.
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