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Former Minister Says Singapore's Involvement Behind MSCI Threats

Summary by Detikcom
Singaporean investment institutions Temasek and the Government of Singapore Investment Corporation (GIC) are considered to have significant influence over MSCI.

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Singaporean investment institutions Temasek and the Government of Singapore Investment Corporation (GIC) are considered to have significant influence over MSCI.

·Jakarta, Indonesia
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Former Minister Lutfi highlighted MSCI's plan to downgrade Indonesia's stock market, expressing concern about its impact on investor perception.

JPNN.com, JAKARTA - Former Trade Minister Muhammad Lutfi highlighted the pressure on the Indonesian capital market following the discourse on a status review by global index agency MSCI.

·Indonesia
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Muhammad Lutfi suspects that Singaporean investment institutions pressured MSCI to downgrade the status of Indonesia's capital market for the benefit of foreign investors.

Former Trade Minister Muhammad Lutfi accused GIC and Temasek of pressuring MSCI regarding the status of Indonesia's capital market. Read his statement and allegations.

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viva.co.id broke the news on Tuesday, October 20, 2026.
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