As information to domestic and foreign investors, Bapepam routinely releases its annual report.

In the 1999 annual report, we describe important developments in Bapepam and in the Indonesian capital market. In 1999, the condition of the Indonesian capital market generally showed a recovery after a several years of severe economic crisis.

In developing the capital market, Bapepam continues to meet its regulatory and supervisory obligations with the vision of making the Indonesian capital market a positive factor for a solid and competitive national economy.

To achieve this vision, the development will be on increasing commitment to develop the capital market, increasing access for small medium enterprises (SME) and cooperatives to the capital market, encouraging regional governments to raise funds through the capital market, increasing the participation of domestic investors, improving market infrastructures to face global competition, development of the Over the Counter markets, and increasing investor protection, as described in the Capital Market Blueprint for 1999-2004

Herwidayatmo,
Chairman