Fathan Qorib, Robert Sidauruk
The current situation of the global economic that may lead to crisis, must be addressed by the involvement of all related parties, including the stakeholders in the capital market.
To anticipate and reduce the risk of such crisis in Indonesia, Muliaman D Hadad, Chairman of the Financial Service Authority (OJK), encouraged all stakeholders in capital market to attract more investors in putting their money in Indonesian capital market.
During Investor Summit Capital Market Expo (ISCME) in Jakarta on Wednesday, Muliaman said that by realizing this objective, the capital market will be more liquid and able to anticipate the domino effect of financial crisis.
Referring to the past global economic crisis in 2008, Muliaman asserts that the capital market sector was actively involved to prevent the global crisis impact. Due to this involvement, the impact of the global financial turbulence was not affecting other economic sectors in Indonesia.
“We have been through the relatively similar condition before. During the difficult time on 1997-1998 our capital market has successfully anticipated the impact of the financial crisis,” says Muliaman.
To attract more investors, Nurhaida, Head of Capital Market Oversight at the OJK, informs that OJK has prepared several programs, including program to attract more domestic investors. Nurhaida hopes that this program may reduce Indonesia’s dependence on foreign investors.
“Our current capital market is highly depending on global market,” says Nurhaida.
As the first step, OJK will launch Investment Gallery expo at several universities in near future to introduce capital market to the general public. The increase of domestic investor numbers, as Nurhaida explains, is essential to protect domestic market from the impact of global economic upheaval.
(hot/kc)
Fathan Qorib, Robert Sidauruk
The current situation of the global economic that may lead to crisis, must be addressed by the involvement of all related parties, including the stakeholders in the capital market.
To anticipate and reduce the risk of such crisis in Indonesia, Muliaman D Hadad, Chairman of the Financial Service Authority (OJK), encouraged all stakeholders in capital market to attract more investors in putting their money in Indonesian capital market.
During Investor Summit Capital Market Expo (ISCME) in Jakarta on Wednesday, Muliaman said that by realizing this objective, the capital market will be more liquid and able to anticipate the domino effect of financial crisis.
Referring to the past global economic crisis in 2008, Muliaman asserts that the capital market sector was actively involved to prevent the global crisis impact. Due to this involvement, the impact of the global financial turbulence was not affecting other economic sectors in Indonesia.
“We have been through the relatively similar condition before. During the difficult time on 1997-1998 our capital market has successfully anticipated the impact of the financial crisis,” says Muliaman.
To attract more investors, Nurhaida, Head of Capital Market Oversight at the OJK, informs that OJK has prepared several programs, including program to attract more domestic investors. Nurhaida hopes that this program may reduce Indonesia’s dependence on foreign investors.
“Our current capital market is highly depending on global market,” says Nurhaida.
As the first step, OJK will launch Investment Gallery expo at several universities in near future to introduce capital market to the general public. The increase of domestic investor numbers, as Nurhaida explains, is essential to protect domestic market from the impact of global economic upheaval.
(hot/kc)