“The Role of the Indonesian Capital Market in
National Economic Recovery in 2021″
The Financial Services Authority (OJK) together with the Self-Regulatory Organization (SRO) throughout 2020 have issued various policies to maintain resilience and control. Capital Market volatility due to economic turmoil as a result of the Covid 19 pandemic. These various policies are also in line with the Government’s efforts to implement the National Economic Recovery program by issuing provisions accommodating the capital needs of SMEs, supporting the implementation of the Job Creation Law and facilitating the issuance of regional bonds. The OJK policy was able to reduce volatility and maintain market stability with the JCI strengthening again and increasing retail investor confidence in the Indonesian Capital Market during the pandemic (OJK, 2021) .
Meanwhile, at the beginning of 2021, OJK noted that the flow of foreign investors’ funds reached Rp 36.6 trillion, indicating optimism in the capital market. In addition, based on RTI data, the JCI recorded reaching the highest level of 6,440 on January 20, 2021 with the largest contribution from retail investors. This investor is quite enthusiastic as it has been proven that 4 million real investors have just entered the capital market. The capital market also issued a Securities Crowdfunding (SCF) to balance demand and products in the capital market earlier this year. SCF is primarily aimed at providing opportunities for the younger generation (millennial) to invest in electronic instruments with a target of raising funds from SCF of IDR 74 trillion in 2021.
Referring to the explanation of the role of the capital market during the pandemic, STIE Indonesia Banking School (IBS) plans to hold a Webinar. National Public Lecture with the theme “The Role of the Indonesian Capital Market in the Recovery of the National Economy in 2021“. To that end, IBS cordially invites Mr. Ir. Hoesen, MM., As Member of the OJK Board of Commissioners for Capital Market Supervision as a resource person in the Public Lecture Webinar which was conducted online