Unpacking Prabowo's Directions on the Stock Exchange, Rosan: It Must Be in Accordance with High Standards and Transparency

JAKARTA - Danantara Indonesia Chief Executive Officer (CEO) Rosan Roeslani revealed President Prabowo Subianto's direction for the Indonesia Stock Exchange (IDX) to implement high international standards and transparency in order to strengthen investor confidence.

Rosan said the direction was obtained in a joint discussion with President Prabowo, which was also attended by ministers in the field of the economy, including Coordinating Minister for the Economy Airlangga Hartarto and the Financial Services Authority (OJK).

"The instruction is that our exchange must be in accordance with the highest standards, high international standards," Rosan told reporters at the DPR building, Jakarta, Wednesday, February 4.

Rosan said that with these high standards, it is expected to increase market players' confidence in Indonesia, so that it can bring in investment.

"Because it creates trust and must be carried out in accordance with transparency, because this is what determines the confidence to invest," he explained.

According to Rosan, the discussion with Prabowo not only highlights the response to the evaluation of Morgan Stanley Capital International (MSCI), but also a more comprehensive step to improve and strengthen the Indonesian capital market structurally.

"We convey the developments in the exchange, what is being done, not only to respond to MSCI, but to further improve our exchange, our capital market, it becomes better, more transparent, and its credibility also increases, both from within and outside the country," he explained.

Previously, Danantara Indonesia CEO Rosan Roeslani was optimistic that the domestic stock market would open stronger on Monday, February 2, 2026. This belief is driven by the positive signals he received directly from global investors in recent days.

Rosan, who is also the Minister of Investment and Industrialization/Head of BKPM, said that intensive communication with foreign investors showed a constructive response to the policy direction and capital market reforms that the government is preparing.

"I believe that the market will also receive a positive response because I have also spoken in the last two days with foreign investors. Their response is also understanding, understanding and they give a positive signal because of some of the reforms that will be carried out," said Rosan when met at the Indonesia Stock Exchange (IDX) Office, Jakarta, Sunday, February 1.

According to Rosan, one of the policies that received appreciation from global investors was the plan to increase the free float share portion to 15 percent. This policy is considered a step to strengthen the liquidity and attractiveness of the national capital market.

However, Rosan revealed that there were follow-up inputs from foreign investors regarding the aspect of openness of share ownership. Currently, investor disclosure obligations still apply to share ownership above 5 percent.

"They want that if now the investor needs to open it if it is above 5 percent. Well they say that if it can be reduced not only at the 5 percent limit because I see in some countries like India 1 percent, others 2 percent, 1 percent, well they want it to be reduced," he said.