{
    "success": true,
    "data": {
        "id": 1849817,
        "msgid": "airlangga-continued-ipo-activity-a-positive-indicator-of-investment-climate-1783587027",
        "date": "2026-07-09 14:37:11",
        "title": "Airlangga: Continued IPO Activity a Positive Indicator of Investment Climate",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Economy",
        "summary": "Coordinating Minister for Economic Affairs Airlangga Hartarto has stated that the ongoing initial public offering (IPO) activity on the Indonesia Stock Exchange (IDX) signals a positive investment climate. He highlighted that the latest IPO, the second in Indonesia for 2026, reflects business optimism despite volatile market dynamics. The government is continuing capital market reforms to deepen long-term financing sources and sustain economic momentum.",
        "content": "<p>Coordinating Minister for Economic Affairs Airlangga Hartarto has\nstated that initial public offering (IPO) activity on the Indonesia\nStock Exchange (IDX) serves as a positive indicator of the investment\nclimate. To support this, the government continues to encourage capital\nmarket deepening as a source of long-term financing to strengthen the\nbusiness world whilst maintaining the momentum of national economic\ngrowth. \u201cCongratulations and a breakthrough for the new President\nDirector of the Indonesia Stock Exchange, this is the first IPO since he\ntook office,\u201d said Coordinating Minister Airlangga at the IDX Trading\nOpening event, quoted in Jakarta on Thursday. This IPO momentum is\nspecial as it is the second IPO in Indonesia in 2026, taking place\namidst fairly high stock market dynamics. Nevertheless, according to\nAirlangga, the government remains committed to ensuring that the capital\nmarket continues to function optimally. He noted that the continuation\nof IPO activity reflects business actors\u2019 optimism regarding the\nprospects for the national economy, which remains well maintained. In\nthe first quarter of 2026, the Indonesian economy recorded growth of\n5.61 per cent, demonstrating strong resilience amidst global economic\ndynamics. He said this positive performance was supported by maintained\ndomestic consumption, increased investment activity, and various reforms\ncontinuously undertaken by the government to strengthen the business\nclimate. One of the main supporting sectors for economic growth is the\nfood and beverage industry. In the first quarter of 2026, this sector\ncontributed 7.31 per cent to the national Gross Domestic Product (GDP),\nan increase compared to the same period the previous year, which was\n7.20 per cent. The food and beverage industry also recorded growth of\n7.04 per cent, driven by increased demand during the National Religious\nHoliday period. From an investment perspective, the food and beverage\nindustry continues to show positive performance. In the first quarter of\n2026, Foreign Direct Investment (FDI) realisation in this sector reached\nRp10.48 trillion, whilst Domestic Direct Investment (DDI) reached\nRp16.34 trillion. He said this achievement reflects high investor\ninterest in the real sector, whilst also showing that Indonesia\u2019s\ndomestic market remains vibrant, public purchasing power is maintained,\nand the national investment climate is on the right track. The\ngovernment is also continuing reforms in the capital market sector to\nmaintain investor confidence and enhance the competitiveness of the\nnational financial market. The decision by global index provider MSCI to\nonce again retain Indonesia in the Emerging Market category in its June\n2026 evaluation reflects the strong fundamentals of the national economy\nas well as the increased credibility of the Indonesian capital market in\nthe eyes of global investors. The continuation of IPO activity in the\ncapital market is expected to further strengthen the capital market\u2019s\nfunction as a source of long-term financing for the business world.\nThrough funds raised from the public, companies can accelerate business\nexpansion, increase production capacity and innovation, and create more\njobs, thereby making a greater contribution to national economic growth.\nLooking ahead, the Coordinating Minister for Economic Affairs stated\nthat the government, together with the Financial Services Authority\n(OJK) and the Indonesia Stock Exchange, will continue to strengthen\ncapital market reforms through increased transparency, governance, and\ninvestor protection. These measures are expected to further deepen the\nIndonesian capital market, expand financing access for businesses, and\nstrengthen the financial sector\u2019s contribution to supporting inclusive\nand sustainable economic growth. \u201cSo there are six more issuers who will\nsubsequently list their initial shares,\u201d the Coordinating Minister\nconcluded.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/airlangga-continued-ipo-activity-a-positive-indicator-of-investment-climate-1783587027",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}