JAKARTA - Chairman of the Board of Commissioners of the Financial Services Authority (OJK) Mahendra Siregar said that the Indonesian capital market is expected not only to be resilient in facing global disruption, but also to be a driving force for inclusive and sustainable national development.
Mahendra also reminded that the current global uncertainty has become a new geopolitical condition that must be strategically addressed by all players in the financial services sector (SJK), the business world, and the capital market.
The financial services sector and capital market have a strategic role to provide credible, efficient and supporting long-term financing sources for the transformation of the national industry. Thus, every policy, decision and innovation that is born is oriented towards a balance between competitiveness and sustainability," Mahendra said, quoted by Antara, Wednesday, November 19.
According to him, there are three main pillars that are fundamental forces in strengthening SJK's role and capital markets, including good governance (GCG), sustainable innovation, and a solid capital structure.
Mahendra emphasized that these three pillars do not stand alone. In this case, GCG gave direction, while innovation gave speed and capital to give energy.
GCG is not just an obligation of compliance, but a foundation of trust and sustainability. Strong transparency and accountability will support the trust of investors and the public.
In addition, sustainable innovation is also very much needed. Innovation can come from more efficient business processes, adoption of digital technology, to more inclusive and environmentally friendly services.
According to Mahendra, the balance between the three determines how far the company can go.
On the other hand, a solid capital structure is also needed. In the midst of global volatility, capital adequacy is a requirement for growth, expansion, and innovation with belief.
Meanwhile, President Director of the Indonesia Stock Exchange (IDX) Iman Rachman said that there was a change in investor behavior in the Indonesian stock market, for example a change in stock preferences that was transacted.
This change shows that the market is increasingly diverse and dynamic with wider opportunities as issuers to gain exposure and interest from new investors. Issuer stock liquidation needs to be maintained in order to maintain market and investor confidence.
Indonesian Stock Exchange (IDX) encourages the participation of issuers in the Liquidity Provider Program, an initiative that helps increase trade activity and supports a more reasonable valuation," said Iman.
With investors' interest in stocks beyond the main index, he added that the Liquidity Provider Program is an important means to keep issuers' shares actively traded, trusted by investors, and have optimal value in the market.
Iman said the IDX is also committed to building an innovative, transparent, inclusive, globally connected Indonesian capital market to realize the target of entering the Top 10 of the World Stock Exchange based on market capitalization.
The capital market is expected to provide optimal benefits for investors, issuers, and the economy, through synergy and collaboration of all stakeholders.
SEE ALSO:
On Tuesday 18 November, OJK and SRO held a Networking 2025 CEO titled Managing Global Trade and Empowering Business Strategy in Jakarta.
This annual activity is part of the 48th Anniversary of the Reactivated Indonesian Capital Market, attended by around 460 CEOs of issuers, exchange members, investment managers, industry associations, and various capital market stakeholders.
The speakers at the 2025 Networking CEO discussed various global trade strategies, industrial resilience, policy adaptation, operational innovation, and long-term investment strategies amid global policy shifts and international trade tension.
The 2025 CEO Networking event is expected to be an important momentum to increase the synergy between OJK, market players, and all capital market stakeholders, in order to support the acceleration of Indonesia's capital market growth and its contribution to the progress of the national economy.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
