{
    "success": true,
    "data": {
        "id": 1704192,
        "msgid": "low-interest-airlangga-urges-stock-exchange-to-boost-ipo-pipeline-1777301865",
        "date": "2026-04-27 20:41:00",
        "title": "Low Interest, Airlangga Urges Stock Exchange to Boost IPO Pipeline",
        "author": "Erlangga Djumena",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Finance",
        "summary": "Coordinating Minister for the Economy Airlangga Hartarto has called for an increase in fundraising through the capital markets, particularly via initial public offerings (IPOs), to support Indonesia's growing economic financing needs amid high uncertainty in the first quarter of 2026. Despite 16 companies queuing for IPOs as of 17 April 2026, only one has listed this year, PT BSA Logistic Indonesia Tbk, raising Rp 0.30 trillion, with the pipeline dominated by large-asset firms in consumer and health sectors. Airlangga emphasised the crucial role of the private sector, public, and financial services in enhancing the capital market's function as a long-term funding source, following robust real sector investment growth of 7.22% to Rp 498.79 trillion in Q1 2026.",
        "content": "<p>JAKARTA, KOMPAS.com - Coordinating Minister for the Economy Airlangga\nHartarto is pushing for increased fundraising through the capital\nmarkets, particularly via initial public offerings (IPOs), to support\nthe expanding needs of economic financing.<\/p>\n<p>Airlangga revealed that investment in the real sector in the first\nquarter of 2026 reached Rp 498.79 trillion, marking a growth of 7.22%,\nwith job absorption reaching 706,000 people.<\/p>\n<p>\u201cAnd from a financial perspective, the capital market\u2019s function is\nto attract funds for IPOs, which may face high uncertainty in this first\nquarter period, so they are still in the pipeline. The pipeline hasn\u2019t\nmaterialised yet; this needs to be pursued going forward because it is\nalso an important sector,\u201d said Airlangga at the Inauguration of the\nPlanned and Periodic Investment Programme (PINTAR) for Mutual Funds at\nthe Indonesia Stock Exchange (BEI) Building, Jakarta, on Monday\n(27\/4\/2026).<\/p>\n<p>In meeting these needs, the roles of the private sector, the public,\nand the financial services sector are deemed increasingly important.<\/p>\n<p>Therefore, Airlangga views that the capital market must play a\ngreater role as a source of long-term fund mobilisation, including\nthrough IPOs.<\/p>\n<p>According to data from PT Indonesia Stock Exchange (BEI), as many as\n16 companies are currently queuing to conduct initial public offerings\n(IPOs). This figure is recorded up to 17 April 2026.<\/p>\n<p>However, amid the long queue, the realisation of IPOs throughout this\nyear remains minimal.<\/p>\n<p>Only one issuer has officially listed on the exchange, namely PT BSA\nLogistic Indonesia Tbk (WBSA), raising funds of Rp 0.30 trillion.<\/p>\n<p>Based on the BEI 2026 pipeline document, the majority of prospective\nissuers come from large-asset companies.<\/p>\n<p>As many as 11 companies have assets above Rp 250 billion, while the\nother five are in the medium-asset category ranging from Rp 50 billion\nto Rp 250 billion.<\/p>\n<p>In terms of sectors, the IPO pipeline shows dominance by the consumer\nsector.<\/p>\n<p>Three companies each come from the consumer cyclicals and consumer\nnon-cyclicals sectors.<\/p>\n<p>In addition, there are four companies from the health sector, two\nfrom infrastructure, two from technology, and one each from the energy\nand financial sectors.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/low-interest-airlangga-urges-stock-exchange-to-boost-ipo-pipeline-1777301865",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}