BBCA
JPMorgan BetaBuilders Canada ETF
stock BATS ETF

I'm indonesian. Broad ETF or bank names like BBCA or BMRI might be good value. But (this is a very big but), the current political landscape is an absolute shitshow and it's leaking towards their central banks and economic landscape.
They just fired their finance minister via a phone call in the middle of a meeting. The central bank governor also resigned in July citing personal reasons. And of course, MSCI is considering downgrading indonesia to a frontier market because the officials 'forgot' to submit paperworks.
Oh and the deputy governor of the central bank is the president's nephew.
The current vice president, is the last president's son, they changed the minimum age election rules so that his son could join.
A famous startup founder of GoJek (used to be GRAB competitor in the country) was serving as the education minister and got imprisoned for buying chromebooks for students, citing arbitrary mispricings, therefore it's corruption. Several other people were also imprisoned with random tactics and shameful, probably bribed judges. Then, one of the highest-ranking attorney general (Febrie Adriansyah) got caught with 74kg of gold inside his house
Add a bit of forest fires, earthquakes, and volcano eruptions, which the government also failed to respond in time nor contain.
The country is in its worse state since the 1998 revolution. Ah, and the rupiah currency is at an all-time low since world war 2.

I'm indonesian. Broad ETF or bank names like BBCA or BMRI might be good value. But (this is a very big but), the current political landscape is an absolute shitshow and it's leaking towards their central banks and economic landscape.
They just fired their finance minister via a phone call in the middle of a meeting. The central bank governor also resigned in July citing personal reasons. And of course, MSCI is considering downgrading indonesia to a frontier market because the officials 'forgot' to submit paperworks.
Oh and the deputy governor of the central bank is the president's nephew.
The current vice president, is the last president's son, they changed the minimum age election rules so that his son could join.
A famous startup founder of GoJek (used to be GRAB competitor in the country) was serving as the education minister and got imprisoned for buying chromebooks for students, citing arbitrary mispricings, therefore it's corruption. Several other people were also imprisoned with random tactics and shameful, probably bribed judges. Then, one of the highest-ranking attorney general (Febrie Adriansyah) got caught with 74kg of gold inside his house
Add a bit of forest fires, earthquakes, and volcano eruptions, which the government also failed to respond in time nor contain.
The country is in its worse state since the 1998 revolution. Ah, and the rupiah currency is at an all-time low since world war 2.