"OJKs call for state companies to optimize public offering in the stock market would continue to be socialized," a deputy commissioner of OJK Irwan Lubis said.
The capitalization of state company shares is around Rp423.3 trillion this year or a three fold increase from the first time they launched initial public offering, he said.
Therefore, he said he was optimistic that state companies could go public.
"Capitalization of state companies in the market could continue to increase ," he said here on Thursday.
However, he expressed worries with the slow recovery of advanced and major economies especially China
"We are more concerned with China which is still facing uncertainties , and the plan of the Fed to raise its fund rate," he added.
China has become the countrys largest trading partner that Chinas economic slowdown had resulted in weak export performance of Indonesia in the past several years.
In addition Indonesian companies still reported declining financial performance until the second half of 2015 as a result of the protracted global crisis.
However, the countrys economy is expected to improve in 2016, Irwan said.
"Despite the host of problems and big challenges, we still predict stronger economic growth in 2016," he said.
Meanwhile economic observer the Gajah Mada University of Yogyakarta Tony Prasetiantono said the governments deregulation and relaxation policies would accelerate economic recovery.
Deregulation in the real sector proved effective as indicated by growing domination of exports by commodities other than oil and gas, he said.
Indonesia is also blessed with two major commodities replacing oil and gas as the main export earners -- textiles and plywood with textile booming marked with an increase in garment export quota to the United States (*)
Editor: Heru Purwanto
Copyright © ANTARA 2015
