Indonesia's economy regains investor confidence after U.S. meetings
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- Indonesia's economy has regained positive international market sentiment following meetings with 122 global investors in the U.S.
- The meetings, organized by the government, aimed to counter negative global perceptions of the new administration's economic policies.
- The positive response is credited with strengthening the rupiah exchange rate and domestic stock market indices.
Indonesia's economic standing has received a significant boost, with global investors reportedly regaining confidence after direct meetings in the United States. Rosan Roeslani, CEO of Danantara Indonesia and Minister of Investment and Downstreaming, claimed that discussions with 122 global investors have successfully restored positive market sentiment and international trust in Indonesia's economic policies.
The correlation is actually very strong because those we met, approximately 122 investors, are investors who are also investing in the Indonesian capital market.
The meetings, which involved hundreds of foreign fund managers, were specifically arranged by the Indonesian government. Their primary objective was to reverse negative global perceptions surrounding the economic direction of the new administration. "The correlation is actually very strong because those we met, approximately 122 investors, are investors who are also investing in the Indonesian capital market," Rosan stated in Jakarta.
Roeslani explained that international investors had previously expressed doubts about the government's commitment to fiscal policy and the domestic investment climate. The overseas working visit served as an opportunity to clarify the role of the Danantara Investment Management Agency, a new institution designed to strengthen the national economy. The positive reception in the U.S. financial market is seen as a key driver for improved market sentiment, reflected in the strengthening of the rupiah and domestic stock market performance.
When they saw that what was done, in this case by Danantara and its policies, was able to reverse the momentum that previously made them doubt Indonesia's economy and our policies.
"When they saw that what was done, in this case by Danantara and its policies, was able to reverse the momentum that previously made them doubt Indonesia's economy and our policies," Rosan remarked. He emphasized that rebuilding capital market confidence through direct explanations requires demonstrating the capacity and professionalism of the institution's management. Investors reportedly posed critical questions regarding Danantara's governance and accountability before committing further capital. "And the most important thing we saw was the credibility of our presentation from Danantara was well-received. The Q&A was intense. The Q&A was very intense," Rosan added.
And the most important thing we saw was the credibility of our presentation from Danantara was well-received. The Q&A was intense. The Q&A was very intense.
Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.