Capital Markets

As one of the markets at the forefront of the South-east Asian growth story, Indonesia is seeing a surge of investment attention from capital managers eager to avoid the malaise lingering in developed economies. Indonesia now has a chance to strengthen its capital markets’ offerings, by broadening the options available, fostering a bigger roster of investors and smoothing operations at the country’s exchanges. The Indonesia Stock Exchange (IDX) teamed up with the Asian Development Bank in 2009 to plan improvements to the bourse. The stock market’s profile has been raised through adjustments to the country’s sovereign debt ratings, which Fitch labelled investment grade in December 2011, with Moody’s and Standard & Poor’s expected to follow suit in 2012. This chapter features an interview with Nurhaida, Chairman, Bapepam.