Indonesia’s stock market has been rocked by a sharp sell-off after global index provider MSCI proposed downgrading the country from an emerging market to a standalone market, citing concerns over transparency and market oversight.

President Prabowo Subianto has pushed back against the move, declaring that Indonesia will not be intimidated.

What is behind the proposed downgrade and what could it mean for foreign investment and Indonesia’s economic outlook?

On The Big Story, Hongbin Jeong speaks to Adam Ahmad Samdin, Senior Economist at Oxford Economics, about the implications of the proposed downgrade and what lies ahead for Indonesia’s financial markets.

Indonesia&rsquo;s stock market has been rocked by a sharp sell-off after global index provider MSCI proposed downgrading the country from an emerging market to a standalone market, citing concerns over transparency and market oversight.
President Prabowo Subianto has pushed back against the move, declaring that Indonesia will not be intimidated.
What is behind the proposed downgrade and what could it mean for foreign investment and Indonesia&rsquo;s economic outlook?
On The Big Story, Hongbin Jeong speaks to Adam Ahmad Samdin, Senior Economist at Oxford Economics, about the implications of the proposed downgrade and what lies ahead for Indonesia&rsquo;s financial markets.

Your Way Home with Hongbin Jeong is your 4–8pm drive companion.

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.