TOP NEWS
- Reuters — The U.S. Commerce Department has imposed preliminary countervailing duties of over 100% on solar panel imports from Indonesia, citing subsidy concerns, a move that could significantly disrupt Indonesia’s solar exports to the U.S. and reshape bilateral clean energy trade flows.
- Reuters — Indonesia’s recent market-stabilization measures, including abrupt regulatory changes and leadership reshuffles, have failed to reassure investors, with the rupiah near record lows and bond yields rising as concerns grow over policy unpredictability and fiscal discipline.
Domestic Politics and Economy
- Tempo — Indonesia’s benchmark IHSG fell 1.37% to 8,280.83, with the rupiah also weakening, as renewed uncertainty over U.S. tariff policy and expectations of prolonged tight U.S. rates dampened investor sentiment and pressured most sectors.
- Antara — Purbaya expressed that the government has agreed to postpone the planned import of 105,000 Indian trucks, reaffirming that President Prabowo’s priority remains strengthening domestic industry before proceeding with large-scale procurement.
- The Jakarta Post — Indonesia’s new reciprocal trade agreement with the U.S. is facing domestic backlash over provisions seen as easing halal certification requirements, with lawmakers and Islamic leaders warning of potential erosion of national standards even as the government insists existing halal laws will remain fully enforced.
- Reuters — Finance Minister Purbaya Yudhi Sadewa expressed that the government is committed to removing regulatory bottlenecks and potentially easing certain requirements to accelerate Inpex’s $21 billion Abadi LNG project, as the consortium prepares to launch its EPC tender process in mid-2026.
- Antara — Indonesia’s State-Owned Enterprises Management Agency (BP BUMN) has launched what it calls the country’s largest-ever corporate overhaul, appointing new leadership and moving to consolidate more than 1,000 SOE entities into 200–300 firms to accelerate governance reform and align oversight with Danantara’s operational mandate.
- Antara — Coordinating Minister for Community Empowerment Abdul Muhaimin Iskandar expressed that the government is targeting the placement of up to 500,000 skilled Indonesian migrant workers in 2026, positioning overseas deployment as a strategic channel to expand job opportunities, enhance vocational competitiveness, and tap into higher-wage global labor markets.
- Antara — Indonesia joined a broad coalition of countries in condemning Israel’s decision to expand control over the West Bank, warning that the move violates international law, undermines the two-state solution, and threatens regional stability and integration.
