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2 clusters · 7 sources · 22 days · First seen · Last updated

Indonesia capital market and IPO regulation developments

Overview

The Indonesian government and the Indonesia Stock Exchange (IDX) are implementing measures to strengthen the nation’s capital market ecosystem. In September 2026, the Ministry of Micro, Small, and Medium Enterprises (MSMEs) initiated the ‘RISE TO IPO 2026’ program, curating 153 medium-sized companies for potential listing. This program includes intensive mentorship to improve legal, financial, and governance standards for participating businesses.

Following these developmental efforts, the IDX implemented stricter listing requirements in October 2026. Approved by the Financial Services Authority (OJK), these regulatory amendments increase financial thresholds for prospective issuers and require the submission of five-year financial projections. The exchange also introduced new retained earnings criteria for companies on the Main Board to enhance market structure and investor protection.

Entities

Indonesia Stock Exchange · Financial Services Authority · Bagus Rachman · Ministry of Micro, Small, and Medium Enterprises

Timeline

  1. [BUSINESS] 5 sources
    Indonesia Stock Exchange tightens IPO and listing requirements

    The Indonesia Stock Exchange has tightened IPO and listing requirements, including mandatory five-year financial projections, to improve market quality and investor protection.

  2. [BUSINESS] 4 sources
    Indonesian Ministry curates 153 MSMEs for IPO program

    Indonesia's Ministry of MSMEs is curating 153 medium-sized companies for the RISE TO IPO 2026 program to prepare them for listing on the Indonesia Stock Exchange.

Sources

bangkaterkini.id · inews.id · katadata.co.id · okezone.com · senggang.republika.co.id · site2corp.co.uk · tirto.id