he Indonesia Stock Exchange (IDX) has inaugurated a new investment gallery in Kupang, East Nusa Tenggara, to introduce the advantages of the country’s capital market to people in the province.
“This is the first IDX gallery in East Nusa Tenggara,” said IDX communications head Dwi Shara Soekarno. She was speaking after the opening of the IDX Investment Gallery located on the Kupang Muhammadiyah University campus in Tuak Daun Merah subdistrict, Oebobo district, Kupang, on Wednesday.
Financial Services Authority (OJK) commissioner for capital market supervision Nurhaida and IDX president director Tito Sulistio officially launched the gallery, which was built to introduce and educate both academics and people from all parts of society about Indonesia’s capital market.
Dwi Shara said the IDX Investment Gallery inaugurated at the university was the 12th such gallery. “Up to now, 167 IDX investment galleries have been built across Indonesia,” she said.
With the opening of the gallery, Dwi Shara said, the IDX would potentially see a significant number of investors from East Nusa Tenggara. Moreover, she said, economic growth in the province was above the national average in the 2014-2015 period.
Based on Bank Indonesia data, Dwi Shara said, East Nusa Tenggara’s economy grew by 5.02 percent in 2015, slightly lower than 5.05 percent in 2014. However, she said, the figure was still higher than the national economic growth, which stood at 4.79 percent last year.
“This is because the central government pays a huge amount of attention to East Nusa Tenggara, especially in the field of infrastructure,” said Dwi Shara. (ebf)
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