OJK pledges tougher trading enforcement and capital market reforms
Indonesia’s financial regulator says it will pursue greater transparency and liquidity after imposing Rp2.1 trillion in fines on three issuers.
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Indonesia’s financial regulator says it will pursue greater transparency and liquidity after imposing Rp2.1 trillion in fines on three issuers.
An investment ministry adviser said domestic businesses and smaller enterprises should have opportunities to become industrial suppliers.
Investment Minister Rosan Roeslani said the investment created 5,485,944 jobs, with domestic capital accounting for the larger share.
The reduction is planned before 2030, while state holdings in 11 other enterprises would remain at their existing levels.
The Finance Ministry said requests for government support would be assessed against public interests, fiscal sustainability and safeguards for public funds.
The Finance Ministry reported a 99.7 per cent utilisation rate for monthly Sara assistance, with transactions worth RM5.2 billion by September 2026.
The revised trading limit applies from 20 October to 31 December 2026, following a review of the 7 per cent rule introduced on 19 October.
The benchmark IHSG fell 11.57 per cent on 16 October as MSCI consulted on a proposal to move Indonesia from Emerging Market to Standalone Market status.
Proposed legislation would tie premiums to institutional risk and allow the protection fund to finance assistance for troubled members.
Officials told the president that the economy remained resilient, while Bank Indonesia flagged food inflation of 5% as requiring attention.