Indonesia's IPO momentum reflects robust investment climate: Airlangga
Jakarta, July 9 -- Coordinating Minister for Economic Affairs Airlangga Hartarto said the continued flow of initial public offerings (IPOs) on the Indonesia Stock Exchange (IDX) reflects strong investor confidence in Indonesia's investment climate.
Speaking at the IDX Trading Opening Ceremony in Jakarta on Thursday, Airlangga said the government remains committed to deepening the capital market as a sustainable source of long-term financing to strengthen the business sector.
"Congratulations to the new President Director of the Indonesia Stock Exchange. This is the first IPO (since taking office)," Airlangga said, adding that six more companies are currently in the pipeline to list their shares.
The latest listing marks Indonesia's sec...
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