{
  "id": 6717344,
  "title": "How North Sumatra Became Top Investor Hub Outside Java",
  "url": "https://urgent.news/2026/09/11/how-north-sumatra-became-top-investor-hub-outside-java",
  "topic": "world",
  "section": "World",
  "published": "2026-09-11T06:12:42.000Z",
  "source": {
    "name": "Tempo.co English",
    "slug": "tempo-co-english",
    "url": "https://en.tempo.co/read/2119378/how-north-sumatra-became-top-investor-hub-outside-java"
  },
  "original_language": "en",
  "account": "Indonesian capital market investments have surged, surpassing 31.14 million investors by August 2026, reflecting heightened public enthusiasm, particularly among the youth. North Sumatra leads the provinces outside Java with the highest number of Single Investor Identifications (SIDs) at 1.49 million as of July 2026, making it the top investor hub outside of Java. Muhammad Pintor Nasution, head of the Indonesia Stock Exchange (IDX) Representative Office in North Sumatra, hailed this achievement in Medan on September 11, 2026. The northwestern province boasts the highest investor concentration in Medan with 396,261 SIDs, followed by Deli Serdang Regency, Langkat Regency, Simalungun Regency, and Asahan Regency. The IDX is also raising the bar for companies seeking to be listed on the exchange, mandating finance directors to have an economic background. Some candidates have failed to meet these standards, exemplified by Bank Sumut's withdrawal from listing registration. The growth in North Sumatra's capital market is influenced not only by the increasing investor base but also by the corporate governance of companies seeking funding through the exchange. The capital market ecosystem in North Sumatra is fortified by securities firms and investment galleries in various universities and institutions, including BNI Sekuritas, BRI Danareksa Sekuritas, Indo Premier Sekuritas, Mandiri Sekuritas, Mirae Asset Sekuritas, and others. Financial literacy and investor participation are further supported by BEI investment galleries at several universities across North Sumatra, with eight more galleries in the pipeline. The potential for further capital market expansion in the region remains promising, driven by growth in investors, educational access, and investment opportunities.",
  "summary": "As of July 2026, North Sumatra logged 1.49 million Single Investor Identifications (SIDs).",
  "key_points": [],
  "editors_take": "North Sumatra's emergence as the top investor hub outside Java signals a significant shift in Indonesia's capital market landscape, driven by growing investor base, corporate governance, and financial literacy.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}