TOP NEWS
- Tempo — Indonesia’s benchmark IHSG slipped 0.31 percent to 8,265.35 on profit-taking ahead of a long weekend, with investors staying cautious amid Moody’s outlook downgrade and ahead of President Prabowo’s economic briefing and key U.S. inflation data that could shape near-term market sentiment.
Domestic Politics and Economy
- Antara — Coordinating Minister for Economic Affairs Airlangga Hartarto has confirmed that President Prabowo Subianto will visit Washington on February 19 to sign a reciprocal tariff agreement lowering US import duties on Indonesian goods to 19 percent while expanding market access for American products, and to attend the inaugural Board of Peace summit.
- Tempo — Finance Minister Purbaya Yudhi Sadewa has dismissed speculation that the rupiah’s recent weakness reflects government interference in Bank Indonesia following the appointment of Thomas Djiwandono, stressing that monetary policy remains collegial and that short-term market moves do not signal a deterioration in Indonesia’s economic fundamentals.
- Antara — Coordinating Minister for Economic Affairs Airlangga Hartarto has highlighted Indonesia’s 5.39 percent growth in the fourth quarter of 2025 as the strongest among G20 economies, citing resilient manufacturing, rising consumer confidence, sustained trade surpluses, and robust investment flows, while acknowledging the need to respond prudently to Moody’s recent outlook revision.
- Tempo — Maritime Affairs and Fisheries Minister Sakti Wahyu Trenggono has reported that the first phase of the Red and White Fishermen’s Village is 50 percent complete and on track for February delivery, outlining to President Prabowo plans to integrate the project into a broader state-backed fisheries ecosystem, including a Rp7.2 trillion shrimp estate and SOE-led market access support.
- Tempo — Pakistan’s Ambassador to Indonesia Zahid Hafeez Chaudhri has underscored the deepening strategic ties between Jakarta and Islamabad following President Prabowo’s meeting with a Pakistani delegation, highlighting expanded defense cooperation, rising high-level exchanges, and closer coordination in multilateral forums such as the D-8 and OIC.
- The Jakarta Post — Indonesia’s score fell three points to 34 in Transparency International’s 2025 Corruption Perception Index, dropping to 109th globally in President Prabowo Subianto’s first full year, amid concerns over weakening judicial independence, shrinking civic freedoms, and perceived political interference that critics say are eroding anti-corruption credibility.
- The Jakarta Post — President Prabowo Subianto’s approval rating has risen to 79.9 percent in his first year, and several coalition parties have signaled openness to backing his potential 2029 reelection bid, but key allies such as PKS, NasDem, and the Democratic Party are withholding early endorsement as they weigh electoral calculations and internal political interests.
Business and Investment
- Reuters — Energy Minister Bahlil Lahadalia has said Indonesia is reviewing its plan to take over the Martabe gold mine, noting that assets were initially slated for transfer to sovereign wealth fund Danantara, but stressing investor rights will be restored if no violations are found, while any confirmed breaches will face proportional sanctions to uphold legal certainty and investment confidence.
