Field Trip Bursa Efek Indonesia->Kota Tua->MUseum bank Indonesia

Photos Taken during IDX tour

Have you ever wondered where the headquarters of the Indonesian stock market are? IDX, or Indonesian Stock Exchange is home to Indonesia's historical "Pasar Saham."

IDX showcases a huge wall that provides information about the gains and losses of each Indonesian stock every day.

Mr. Isaac Winoto delivering the opening stock market bell on 24 February 2017.

IDX is located in Kebayoran Baru and was founded by CEO Ito Warsito. It was first called Jakarta Stock Exchange, but after merging in 2009 with Surabaya, a national stock market headquarters was formed.

"IDX is a very enjoyable place!"--Rolan Everson Pasaribu

Here we get an in-depth look of the stock market in Indonesia and the significant players in the stock market. The trade market in Indonesia has seen many highs and lows, as many political and social events have either brought positive or negative effects to Indonesian stocks.

Anyone who is not investing now is missing a tremendous opportunity. -Carlos Slim

After our mesmerizing experience in IDX, we boarded the bus and headed to Kota Tua, also known as "Old Jakarta."

A 360 degree view of Kota Tua, with views of famous old buildings. This was a major Indonesian icon during the 1930s and 40s when Indonesia was still ruled by the Dutch and Japanese.
Highlight of the Trip: Biking in Kota Tua

I actually felt that the bike riding in Kota Tua was the highlight of the trip. Besides the huge amount of fun I felt during the ride, I also got to enjoy the wonderful view of beautiful buildings that still show the wonders of old Jakarta.

Going to Kota Tua felt like visiting another part of Jakarta. It was very clean, unpolluted, and respectful.
Lunch in Kota Tua Jakarta

After biking in Kota Tua, we were given a small lecture on the history of Old Jakarta while we had lunch. The lecturer explained that buildings like the Church of Samuel and the Istiqlal Museum were important figures in the 1900s during the Dutch colonisation.

The tram in Kota Tua, divided into 3 sections: Chinese, Dutch, and Indonesian.

After the amazing lecture, we went and drew some Batik patterns using a tool called "canting." From this artsy activity, I began to pay a lot more respect to the diverse culture in Indonesia.

A 360 degree view of Bank Indonesia, our final destination

The Batik-making activity was followed by a trip to Bank Indonesia, which would be our final destination before we headed home. This place featured a lot of interesting facts on the history of money and banking in Indonesia.

A few figures inside Museum Bank Indonesia

This museum showed us the history of money in Indonesia. We learnt about the way people used money from the old times until today. There was also some information about the chaos and mess that happened during the 1998 riots where the Indonesian market crashed.

To add on, there was a beautiful gold room showcasing Indonesia's wealth.

We were also shown a lot of different paper bills from the old 1940s to modern day Indonesian Rupiah.

Old Indonesian Rupiahs, which showed some similarity to the US Dollar.

Overall, the museum tour was sublime, teaching me a lot of different things. I understand the value of money more now and can look back over the years and see how money has changed.

Banking is a very good business if you don't do anything dumb. -Warren Buffett

Throughout the trip, I learned a lot about how IT helps the finance world. From IDX, the graphs and statistics that update instantly show how important programs that run fast and accurately have a huge impact on finance. If there were no programs or graphs displaying the most recent updates in the stock market, many people would not be able to make the most use of their money. Things can change in the stock market in just a matter of seconds, so it should show the latest gains or losses as soon as possible.

Stocks can move up and down in just seconds.

In Bank Indonesia, I learnt about how technology influences the way people use money. In the old times, money was used in the form of barter trading. Then, gold and diamonds came in the mix. Now, it has been substituted with paper money and coins. What lies ahead in the future?

Evolution of money

The future of finance and banking depends on technology. With the increasing number of credit or debit cards and the weakening of many currencies, microchips and cards could take over our paper money world. In fact, whatever transaction we make may be stored in only one small card or chip. The tech world is trying to make life simpler each day.

What holds the future of money?
Created By
Isaac Winoto
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