TOP NEWS
- Reuters — President Prabowo Subianto said Indonesia is prepared for all scenarios following the U.S. Supreme Court’s rejection of President Donald Trump’s global tariffs, while affirming that Jakarta’s newly signed bilateral trade deal with Washington remains in force and will continue to secure agreed tariff concessions for key exports.
- Reuters — Indonesia and the United States have finalized a sweeping trade pact that cuts U.S. tariffs to 19%, grants wide exemptions for Indonesian exports, opens Indonesia’s market to U.S. goods and investment, deepens cooperation on critical minerals and digital trade, and aligns certain national security and supply chain policies, marking a significant recalibration of bilateral economic ties.
Domestic Politics and Economy
- Reuters — Indonesia’s planned capital market reform to raise the minimum free float requirement to 15% could trigger more than $11 billion in new share supply across 267 listed firms, a move aimed at addressing MSCI transparency concerns but that may test market liquidity and investor confidence in the near term.
- Reuters — Indonesia has secured a trade deal cutting U.S. tariffs to 19% while exempting key exports such as palm oil, coffee and cocoa, in exchange for removing most barriers to American goods and facilitating U.S. investment in critical minerals, marking a significant reset in bilateral economic relations.
- Reuters — Indonesia’s market regulator has imposed fines totaling Rp11.05 billion on a company and several individuals for alleged stock manipulation, underscoring tighter enforcement efforts to restore investor confidence following scrutiny over market transparency.
- Tempo — Bank Indonesia has reaffirmed that its 2026 monetary policy will focus on keeping inflation within the 2.5±1% target and stabilizing the rupiah through pro-market liquidity management and measured secondary-market government bond operations in close coordination with the Finance Ministry.
- Reuters — Pertamina has confirmed that planned U.S. energy imports under the new bilateral trade deal will proceed through standard competitive tenders rather than direct appointments, as Indonesia shifts more crude and LPG purchases toward the U.S. while extending ExxonMobil’s Cepu block contract to 2055 to support additional investment.
- Tempo — Indonesia currently operates around 27,000 unintegrated government applications, highlighting deep data fragmentation risks and reinforcing calls for stronger interoperability and governance reform to support more efficient, data-driven policymaking.
