Jakarta, Aug. 11 -- Indonesia's Financial Services Authority (OJK), in collaboration with key stakeholders, has reaffirmed its commitment to strengthening the capital market through the use of three main development pillars.

Speaking at the 48th Anniversary of the Indonesian Capital Market at the Indonesia Stock Exchange (IDX) in Jakarta on Monday, OJK Chairman Mahendra Siregar outlined the first pillar: enhancing the supply side.

"First, we are increasing supply by accelerating the listing of high-potential companies, including MSMEs and digital startups, and by developing innovative financing instruments, such as green bonds, wakaf sukuk, and securities crowdfunding," said Mahendra.

The second pillar focuses on strengthening demand, ...