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Ambon, July 14, 2017 — The Financial Services Authority (OJK) together with the Indonesia Stock Exchange (IDX), PT Philip Securities Indonesia, and Pattimura University, inaugurated the opening of a mobile investment gallery (GIM) at Pattimura University (Unpatti), Ambon, on Friday (Jul. 14). The launch of the seventh GIM was a follow-up to the GIM pilot project that has been implemented in many local campuses since 2016.

The GIM launch and a seminar about the capital market were opened by OJK Member of the Board of Commissioners for Consumer Education and Protection Kusumaningtuti S. Soetiono who was accompanied by Unpatti Rector Marthinus J. Saptenno.

"The GIM was launched to further introduce investment products available from the capital market to the public and raise their interest in accessing capital market products as alternative instruments for investment and financial management," Kusumaningtuti said.  

In addition, the program aims to prevent the public from being exposed to irresponsible investment offers, which have been increasingly abound these days.

Efforts to set up investment galleries in different campuses are also directed toward promoting capital market literacy and inclusion to the public, given that the 2016 National Survey on Indonesia's Financial Literacy and Inclusion (SNLIK) recorded capital market literacy and inclusion indices at 4.4 percent and 1.3 percent, respectively.

Therefore, it is necessary to grow public knowledge and interest in taking advantage of financial products offered at the capital market, by raising their awareness and ease of access to these products.

The Jakarta Composite Index (JCI) has shown a relatively stable and bullish trend during 2017, and this is expected to encourage the public to invest in the capital market.

As of June 2017, the IDX data showed that Indonesia had 573,723 investors, 109 active securities companies, and average monthly transactions stood at IDR 7.35 trillion.

The GIM launch was attended by MSME representatives, the Army and Police Wives Association, members of the Family Welfare Movement of Maluku Province and Ambon City, the Indonesian Young Entrepreneurs Association (HIPMI), the Indonesian Businesswomen Association of Maluku Province and Ambon City, and the Indonesian Muslim Intellectuals Association (ICMI).

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For more information:

Agus Sugiarto, Department Head of Financial Literacy and Inclusion

Tel +62 21 2960 0000 E-mail: Agus.Sugiarto@ojk.go.id www.ojk.go.id