TOP NEWS
- Reuters — Fitch has revised Indonesia’s sovereign credit outlook to negative while affirming its BBB rating, citing rising policy uncertainty and concerns over potential fiscal loosening, a move that may heighten investor caution despite the government’s pledge to maintain fiscal discipline.
Global Politics and Economy
- Tempo — The United States is preparing for a potentially prolonged military campaign against Iran lasting up to 100 days, as the Pentagon expands intelligence operations and evacuation measures amid escalating regional conflict and growing casualties.
- Tempo — The death toll from the ongoing U.S.-Israeli strikes on Iran has risen to 1,230 with more than 6,000 wounded, as the conflict intensifies and Tehran continues retaliatory attacks while the country moves to appoint a successor to the late Supreme Leader Ali Khamenei.
Domestic Politics and Economy
- Reuters — Foreign Minister Sugiono said discussions on U.S. President Donald Trump’s “Board of Peace” for Gaza have been put on hold as global attention shifts to the escalating Iran conflict, while Indonesia continues consulting regional partners and remains open to supporting de-escalation efforts.
- Antara — Coordinating Minister for Economic Affairs Airlangga Hartarto expressed that Indonesia will not raise subsidized fuel prices for now despite the global oil price surge, as the government continues monitoring the Middle East conflict while preparing contingency scenarios for potential prolonged volatility.
- The Jakarta Post — Energy Minister Bahlil Lahadalia expressed that Indonesia is pursuing diplomatic channels to secure the safe exit of Pertamina vessels stranded in the Persian Gulf amid the Strait of Hormuz disruption, while the government has prepared alternative crude supplies to safeguard national energy security.
- Tempo — Indonesia has begun preparing a gradual evacuation of its citizens from Iran as the Middle East conflict escalates, with the Indonesian Embassy in Tehran coordinating departures while continuing consular services to ensure the safety and protection of nationals.
- Reuters — Communications and Digital Affairs Minister Meutya Hafid said Indonesia has issued a stern warning to Meta over inadequate enforcement of online gambling and disinformation on its platforms, urging the company to significantly strengthen content moderation and compliance with national regulations.
Business and Investment
- Antara — Energy Minister Bahlil Lahadalia expressed that Indonesia is preparing to significantly scale up its motorcycle electrification program to up to 6 million fuel-to-electric conversions annually, supported by new technologies, policy incentives, and a dedicated energy transition task force.
