CONTENTS:
 FOCUS :
INDONESIA’S ECONOMIC OUTLOOK 2021 ...1
INDONESIA’S ECONOMIC DEVELOPMENTS, 2016-2020..1
INDONESIA’S ECONOMIC PROSPECTS, 2021...3
MID TERM INDONESIAN ECONOMIC PROSPECTS, 2022-2024...4
 PROFILE INDUSTRY :
DEVELOPMENTS OF CAPITAL MARKET IN INDONESIA IN 2020...6
BACKGROUNDS ...6
STRUCTURE OF CAPITAL MARKET ..6
DEVELOPMENT OF CAPITAL MARKET PLAYERS ..8
LISTED COMPANIES GROW SLUGGISHLY IN NUMBER ...8
IPO IN 2019 VALUED AT RP14.78 TRILLION ...8
IPO VALUE 2020 DOWN 62.9 PERCENT ...10
NEW SHARE ISSUING COMPANIES, 2020...11
TRADE OF SHARES OF 26 ISSUERS SUSPENDED 2020 ...12
LISTED COMPANIES DECIDING DELISTING...13
CAPITALIZATION VALUE UP ...15
CAPITALIZATION VALUE OF BUMNS ...16
IHSG GROWS 5.02 PERCENT PER YEAR ON THE AVERAGE..19
LISTED COMPANIES AND MARGIN TRADING ...20
VALUE OF SHARE TRANSACTIONS GROWS 3.6 PERCENT AVERAGELY ...23
LOCAL INVESTORS DOMINANT ...24
GOVERNMENT POLICY ....26
CONCLUSION AND PROSPECTS ...27
 BOND MARKET :
BOND MARKET IN THE MIDST OF COVID-19 PANDEMIC....28
TYPES OF GOVERNMENT SECURITIES (SBN) ....29
SBN OUTSTANDING DEVELOPMENT ...31
GOVERNMENT SECURITIES (SBN) CONTINUE TO GROW....31
SBN MATURITY 2021 - 2028 REACHES 51.7 BILLION USD.....32
DEMAND FOR RETAIL SBN IS QUITE HIGH AMID THE COVID19 PANDEMIC....34
CORPORATE BONDS MATURITY 2021 REACH RP122 TRILLION ...35
THE ISSUANCE OF CORPORATE BONDS IN 2021 WILL BE HIGHER ..37
INTEREST RATE ..39
CONCLUSION .....40
 PROFILE COMPANY :
THE CONGLOMERATE GROUPS CONTROL THE EXCHANGE MARKET CAPITALIZATION ...42
BACKGROUND ......42
BUMN (STATE-OWNED ENTERPRISES) CONTROLS STOCK CAPITALIZATION ...42
MAP OF CONGLOMERATES ON EXCHANGES ....43