Government to Maintain Investor Confidence
Thursday, 05 April, 2007 | 15:47 WIB

Tempo Interactive, Jakarta: Boediono, Coordinating Minister for the Economy, has said he hopes that the Composite Share Index (IHSG) at the Jakarta Stock Exchange can be maintained or even continue increasing.

Currently the IHSG has exceeded the level of 1,800 points.

“If the situation and their confidence are strong, the prospects for the macro and micro economies are better. Investors will also like to stay here,” said Boediono.

The rise in the IHSG, he said, must be carefully responded to and well maintained.

“If demand rises, the index will also rise. What's important is how to maintain the confidence of the market players,” said Boediono.

Regarding the potential of hot money due to the index rise, he said the phenomenon was only provisional.

Other countries, including China, have experienced the same phenomenon.

“The effort that must be carried out is to keep the money continue circulating here,” said Boediono.

Anton Aprianto
_________________________ Indonesian Business and Investment News Aggregator