Indonesia Plans to Create Startup IPO Market to Draw Investors

  • Country wants to create a `technology board' for industry IPOs
  • Southeast Asia's No. 1 economy foresees 1,000 startups by 2020

Tickers display stock prices inside the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia, on Thursday, Aug. 13, 2015

Photographer: Dimas Ardian/Bloomberg

Indonesia plans to establish a dedicated section within its main stock exchange to host initial public offerings by startups, as Southeast Asia’s largest country pursues its vision of becoming a regional cradle of technology entrepreneurs.

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