Markets and Finance
OECD warns of slower global growth as geopolitical shocks mount
Global economic growth is expected to lose momentum over the next two years as geopolitical tensions, financial vulnerabilities, and weakening labor markets weigh on the outlook, according to the Organisation for Economic Cooperation and Development (OECD).
House pushes for more efficient management of state-owned firms offering public service obligations
The House of Representatives (DPR) has asked the government to improve the efficiency and effectiveness of state-owned enterprises (SOEs) tasked with managing public service obligations (PSO), emphasizing that massive state subsidies must translate into real benefits for the public.
Indonesia and OECD strengthen cooperation on responsible digital finance
Bali hosted the OECD Asia Roundtable on Digital Finance 2025 on Monday, December 1, 2025 where Indonesia’s Financial Services Authority (OJK) and the Organization for Economic Cooperation and Development reaffirmed their commitment to promoting responsible digital finance, highlighting the need to balance innovation with financial stability and consumer protection amid rapid technological change.
Indonesia targets major boost in coconut downstream industry with new Morowali Plant
Indonesia is moving forward with its plan to strengthen the downstream processing of agricultural commodities, with the coconut sector being the pilot project
Indonesia eyes future QRIS expansion to Europe as digital payments surge
Indonesia is signaling that its national digital payment system ‒ Quick Response Code Indonesian Standard (QRIS) ‒ could one day be accepted in the European Union in line with the digital cooperation framework outlined in the Indonesia–European Union Comprehensive Economic Partnership Agreement (IEU-CEPA).
Central Bank projects stronger rupiah, economic growth in 2026
Indonesian Central Bank (BI) Governor Perry Warjiyo has expressed confidence that the Indonesian rupiah will strengthen next year, targeting an average exchange rate of Rp16,500 per US dollar, potentially even reaching Rp16,400 per US dollar.
Indonesia committed to US$1 B as it fully joins BRICS’ New Development Bank
Coordinating Minister for the Economy Airlangga Hartarto has confirmed that the Indonesian government plans to contribute US$1 billion (Rp16.66 trillion) as an initial capital contribution to support the financial arm of BRICS ‒ the New Development Bank (NDB).
Danantara outlines 2026 Investment Roadmap in a House hearing
Indonesia’s sovereign wealth fund, Danantara Indonesia, presented its 2026 Corporate Work Plan and Budget (RKAP) before Finance and Investment Commission XI of the House of Representatives (DPR) on Monday, December 1, 2025, fulfilling the consultative mandate outlined in the newly enacted Law No. 16/2025 on the National Investment Holding.
Pollux Hotels Group secures full CGIF guarantee for US$32 million sustainability-linked bond
PT Pollux Hotels Group is issuing its first Sustainability-Linked Bond (SLB) at up to Rp500 billion (US$32 million), backed by an unconditional and irrevocable guarantee from the Credit Guarantee and Investment Facility (CGIF), a trust fund of the Asian Development Bank (ADB).
Chinese, Vietnamese manufacturers eye relocation to Java, bringing potential 120,000 jobs
The National Economic Council (DEN) has revealed that 27 labor-intensive manufacturing companies from China and Vietnam ‒ mainly in footwear and garments ‒ are preparing to shift production to Java, particularly driven by import tariff disparities imposed by U.S. President Donald Trump on several major trading partners.
Foreign investors extend sell-off, pressuring BRI and Barito Group stocks
Foreign investors continued to retreat from the Indonesian equity market on Tuesday, November 25, 2025, booking approximately Rp308 billion (US$18.5 million) in net foreign sell, with the heaviest outflows targeting major blue-chip names.
Indonesia to introduce new legal framework for trust funds, SPVs to boost investment
The Indonesian government plans to roll out new regulations next year that will enable the establishment of trustee institutions and special-purpose vehicles (SPVs) to stimulate more investment inflows.