The state-owned, semi-privatized Telkom Indonesia (TLK, quote) is the largest telecommunications company in Indonesia, which is the world’s largest Muslim country, and the fourth most populous country in the world with nearly 240 million people. Here are five reasons why your Telkom Indonesia investment could pay off.
Indonesia (IDX, quote) remains one of the few economies throughout both the developed and emerging world that is sustaining growth throughout the global economic slowdown. One way for investors to access this quickly-developing emerging market is through telecommunications firm PT Telekomunikasi Indonesia (TLK, quote).
Fitch became the first of the three credit agencies to return Indonesia to investment grade since the country lost the rating 14 years ago. But retail investors looking for a way back to the country have several options to consider.
Yes, emerging markets are battered and yes, they are cheap, but if global growth is on the edge they could always get cheaper. We talk about defensive opportunities today on Trading the Globe.
While India and China deserve their position in emerging markets investors’ hearts, Indonesia is moving up fast. Trading the Globe took another look at this massive economy and the ways to invest in it.
Traders are buying into Indonesian telecom stocks this morning on news that the country’s biggest phone carrier is making progress in its efforts to buy out minority shareholders in its booming wireless business.
In the age of globalization, worldwide equity markets have been dropping together in tandem like they did in 2008, after the bankruptcy of Lehman Brothers.