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Surabaya Stock Exchange (SSX) (Indonesian: Bursa Efek Surabaya (BES)) was a stock exchange that officially opened on June 16, 1989, based on the Minister of Finance Decree of Indonesia No. 654/KMK.010/1989 with only thirty-six shareholders.
Indonesia Stock Exchange (IDX) (Indonesian: Bursa Efek Indonesia (BEI), formerly Dutch: Vereniging voor de Effectenhandel) is a stock exchange based in Jakarta, Indonesia. It was previously known as the Jakarta Stock Exchange (JSX) before its name changed in 2007 after merging with the Surabaya Stock Exchange (SSX). In recent years, the ...
As a result, the functions of Bapepam changed to become the Capital Market Supervisory Agency. On 22 March 1995, JSX launched the Jakarta Automated Trading System (JATS). In September 2007, Jakarta Stock Exchange and Surabaya Stock Exchange merged to form the Indonesian Stock Exchange by the Indonesian Minister of Finance.
Jakarta is the largest city and the only megacity in Indonesia, with a population of 10.70 million. As a primate city, Jakarta is nearly four times larger than the second largest city Surabaya. Jakarta's status is unique compared to other cities in Indonesia, since it is technically a province with a city management.
Also, Surabaya is the second-largest port city in Indonesia after Jakarta. As a trading center, Surabaya is not only a trade center for East Java, but also facilitates areas in Central Java, Kalimantan, and Eastern Indonesia. Surabaya's strategic location in almost in the center of Indonesia and just south of Asia makes it one of the critical ...
Bursa Technical University [35] is the second public university of Bursa and was established in 2010, beginning education in the 2011–2012 academic year. The first private university in Bursa was the Bursa Orhangazi University, [36] which started education in the 2012–2013 academic year. However, Orhangazi University was shut down by the ...
Surabaya Pasar Turi Station or Surabaya Pasarturi Station (SBI) is the second largest railway station in Surabaya, East Java. It is located near the Pasar Turi market in Bubutan, Surabaya. [ 2 ] It is the main departure point of all train from Surabaya which passes through Pantura to the western cities of Java such as Jakarta and Semarang , but ...
Surabaya metropolitan area has five commuter rail services with the network similar with KRL Commuterline in Jakarta metropolitan area. The services connects Surabaya city center to the neighboring cities and regency in the area. The Suroboyo Bus city bus is serving Surabaya, using plastic waste as a form of payment. Ever since May 2022 ...