Jakarta, Oct. 22 -- Indonesia is fast-tracking comprehensive capital market reforms to preserve its status as an emerging market, following a high-stakes warning from global index provider Morgan Stanley Capital International (MSCI).

Financial Services Authority (OJK) Board of Commissioners Chairperson Friderica Widyasari Dewi said the ongoing structural improvements aim to elevate the market's credibility, liquidity, and transparency while strengthening its foundation for long-term investments.

"We are making every effort to ensure Indonesia remains an emerging market," Friderica told reporters following a plenary cabinet meeting at the Presidential Palace complex, Jakarta, Wednesday (October 21).

The regulatory push follows an announ...