Perspectives of a Lecturer of the Undergraduate International Relations Program on Global Dynamics and Challenges in Indonesia’s Financial Market: Dr. phil. Aknolt Kristian Pakpahan, M.A.

Bandung, February 3, 2026 – Dr. phil. Aknolt Kristian Pakpahan, M.A. had the opportunity to share his views in Koran Pikiran Rakyat regarding the Board of Peace and Indonesia’s position, and was also interviewed by Tribun Jabar on the resignation of the President Director of the Indonesia Stock Exchange following market volatility, as well as on safe stock investment strategies for beginners.

In Koran Pikiran Rakyat, discussing the Israel–Palestine conflict, Aknolt assessed that the ongoing conflict reflects the weakness of the international system in maintaining peace due to the ineffective implementation of United Nations Security Council resolutions. The establishment of the Board of Peace by U.S. President Donald Trump in Davos, Switzerland, in January 2026 is viewed as an alternative mechanism outside the UN to promote peace, including the reconstruction of Gaza. Indonesia’s decision to join the Board of Peace aligns with its constitutional commitment and support for Palestine, as well as efforts to strengthen the role of the Global South. However, this participation is also considered risky due to the strong influence of the United States, which could potentially erode Indonesia’s free and active foreign policy, and the possibility of political pressure if it does not produce tangible impacts for Palestine. The full article can be accessed through the following link.

Furthermore, in an interview with Tribun Jabar, Aknolt responded to the resignation of the President Director of the Indonesia Stock Exchange, Iman Rachman, which he viewed as a combination of moral responsibility and external pressure amid capital market turbulence. He assessed that the move reflects leadership ethics aimed at maintaining market confidence and system stability after the sharp decline in the index triggered a trading halt. Nevertheless, the decision was also influenced by pressure from the government, the Financial Services Authority, and investors as an effort to calm the market and maintain the legitimacy of the Indonesia Stock Exchange. He added that the market downturn was driven by profit-taking actions reinforced by global uncertainty, leading to capital outflows from the stock market. Further details can be accessed through the following link.

In addition, in another interview with Tribun Jabar, Aknolt highlighted that public interest in stock investment, including among beginners, continues to increase, but without proper understanding it poses the risk of losses. He emphasized that the main principle of stock investing is risk management, not the pursuit of quick profits. Beginner investors are advised to use cold funds, understand fundamental analysis, and pay attention to macroeconomic conditions. He also reminded that the stock market is dynamic and highly volatile, requiring investors to continuously learn and avoid making hasty decisions. Further information can be accessed through the following link.