IDX says no restrictions on capital inflow in 2011

JAKARTA: The stock exchange and capital market authorities still hasnt plans to restrict the entry of net inflow of foreign capital next year, despite the foreign investors' net buy has reached IDR22 trillion.President Director of Indonesia Stock Exchange
Wandrik Panca Adiguna
Wandrik Panca Adiguna - Bisnis.com 31 Desember 2010  |  02:26 WIB

JAKARTA: The stock exchange and capital market authorities still hasnt plans to restrict the entry of net inflow of foreign capital next year, despite the foreign investors' net buy has reached IDR22 trillion.President Director of Indonesia Stock Exchange (IDX) Ito Warsito assess the net inflow of foreign capital still hasnt reach the harmful stage toward the market, because the increase in Indonesia stock exchange is not solely driven by foreign capital."The entry of capital inflow in 2010 hasnt created a concern because its figure and inflow werent large and swift," Ito told the press, yesterday afternoon.In Indonesia, he added, domestic investors are still dominates the stock market movement rather than the foreign investors. Meanwhile, the indexs gain was coincided with the growth of domestic economy that still grows strongly.Head of Regulation and Legal Counsel (PBI) Capital Market and Financial Institution Supervisory Agency (Bapepam-LK) Robinson Simbolon said the institution still hasnt plans to set up special regulations to anticipate the entry of foreign capital.Were not going to make any regulation to restrict the entry of foreign capital, which currently still positive within the capital market, he said.Previously, the government and Bank Indonesia (BI) have agreed to synchronize the policy to stimulate the economic growth in 2011. One of the synchronization is anticipating the entry of foreign capital, besides controlling the inflation. (t06/wiw)

Simak berita lainnya seputar topik artikel ini, di sini :

Editor : Mursito

Berita Terkait



Berita Terkini Lainnya



Top