Indonesia's energy ministry invited Russian investors to bid on 138 oil and gas exploration blocks during President Prabowo's visit to Russia, signaling deepening energy sector cooperation between the two countries amid discussions on joint infrastructure projects.
M Razi Rahman
Indonesia and China launched a new strategic dialogue framework covering politics, economics, maritime affairs, people-to-people relations, and security, establishing a forward-looking platform to deepen bilateral partnership and align with both nations' development plans through 2031.
Indonesia's government, led by Prabowo, received an AAA rating from China Lianhe Rating for its 7 billion yuan Panda Bond issuance, demonstrating solid economic fundamentals, effective policies, external resilience, and controlled inflation in the country's first yuan-denominated bond offering.
Indonesia and South Korea agreed to strengthen defense and investment cooperation, with Seoul committing to encourage shipyard development investments while both nations expedited implementation of key commitments in defense, energy, and investment sectors during their bilateral meeting in Manila.
Indonesia aims to become Asia's hydrogen hub by positioning hydrogen as a clean energy solution for hard-to-abate sectors like heavy industry and shipping, aligning with its 2060 net-zero emissions target and President Prabowo's economic development agenda through integrated production and distribution ecosystems.
Indonesia's B50 biodiesel program will save the nation approximately Rp170 trillion in 2026 while creating 2.1 million jobs and reducing emissions by 44.46 million tons of CO2, marking a shift toward energy sovereignty through domestic agricultural commodities.
Indonesia's financial regulator launched a carbon trading registry system targeting five point eight billion dollars in green investment and 570 million tons of emissions reduction, positioning the nation as a global carbon market leader while prioritizing public welfare benefits.
Singapore's government launched new direct flights to Indonesia, including a route to Pontianak, aiming to boost tourism, facilitate people mobility, and strengthen bilateral ties through increased air connectivity and economic cooperation.
Indonesia's Financial Services Authority is implementing market reforms including lowered shareholder disclosure thresholds and increased free-float requirements to prevent MSCI downgrade to Frontier Markets status by November 2026, addressing concerns about transparency and information accessibility.
Indonesia established PT Danantara Sumberdaya Indonesia as a state export governance tool for natural resources including coal, CPO, and ferroalloys, with expert consensus that transparent mechanisms and integrated tracking systems will strengthen oversight without negatively impacting investment if implementation remains professional and burden-free.
Chinese President Xi Jinping and Myanmar leader Min Aung Hlaing discussed strengthening bilateral ties, with China pledging support for Myanmar's development, security coordination, and reconstruction efforts while advancing joint economic projects and combating regional criminal activities.
German President Steinmeier visited Indonesia, recognizing it as ASEAN's stabilizing pillar in the Indo-Pacific region. He emphasized that Indonesia's role maintaining regional security and peace strengthens economic cooperation and investment opportunities between Germany and Indonesia.
Indonesia and Russia deepened strategic industrial cooperation through the BRICS PartNIR Forum, with bilateral non-oil trade reaching approximately one billion dollars in early 2026, representing efforts to expand market access and strengthen both nations' economic resilience through technological innovation and enhanced global partnerships.
Indonesia's deputy trade minister expanded partnerships with ten Sub-Saharan African nations to diversify markets and build resilience, with bilateral trade currently valued at US$18.5 billion amid Africa's projected 4-4.5 percent economic growth through 2026.
Indonesia and Madagascar agreed to strengthen bilateral ties by expanding cooperation in minerals, energy, and finance, with both nations pledging mutual support for industrial needs and finalizing visa exemptions for diplomatic passport holders to facilitate trade and investment partnerships.
Indonesia's government established a new state-owned export company under sovereign wealth fund Danantara to exclusively export palm oil, coal, and ferroalloys, receiving positive industry response despite stakeholder demands for transparency and operational clarity.
A China-Arab forum in Cairo convened 250 representatives from 110 media outlets and institutions to strengthen Global South ties, with officials emphasizing media cooperation and China's governance initiatives addressing North-South disparities and international equity.
Indonesian President Prabowo urged Danantara and Russia's sovereign wealth fund to advance from identifying investment opportunities to financing viable projects, emphasizing measurable targets and clear implementation milestones for strengthened bilateral economic cooperation.
Indonesia's President Prabowo plans to launch a Mineral and Commodities Exchange in early 2027, aiming to establish an "Indonesia Reference Price" for strategic commodities like nickel and palm oil, shifting global price-setting power from foreign exchanges to domestic producers.
MSCI removed poultry firm CPIN and tech conglomerate GOTO from its Global Standard Index, reducing Indonesian stocks in the main index to nine companies, while demoting CPIN to the Small Cap Index and cutting nine other Indonesian equities from that tier.
Indonesia's government will mandate sustainable aviation fuel use beginning 2027, minister AHY announced, aiming to significantly reduce aviation sector emissions while supporting broader decarbonization and net-zero airport development goals.
Bank Indonesia Governor Perry Warjiyo called for stronger fiscal-monetary coordination amid global tensions from US-Iran conflict, projecting Indonesia's 2026 growth at 4.9-5.7 percent despite sluggish global growth and rising inflation pressures.
Indonesia eliminated diesel imports by implementing mandatory B50 biodiesel blending in July, replacing approximately 3-4 million annual kilolitres of imports and advancing national energy sovereignty under President Prabowo's agenda.
Indonesia leverages the D-8 Halal Expo 2026 to strengthen Muslim-nation cooperation and expand halal product exports, targeting five hundred billion dollars in intra-bloc trade by 2030 through reciprocal investment and manufacturing infrastructure development.
Indonesia and Belarus launched a five-year cooperation roadmap covering economy, agriculture, food security, culture, and technology, aiming to strengthen bilateral relations through focused partnership in industrial development, agricultural modernization, and human resource advancement.
Indonesia's finance minister announced the Asian Infrastructure Investment Bank will establish a Jakarta office after securing $17 billion in project financing for long-term infrastructure development, streamlining communication and accelerating approval processes.
Indonesia is targeting US$121 billion in investment to develop an integrated EV battery ecosystem, leveraging abundant nickel and minerals to increase value up to 67 times and establish itself among global top five battery producers by 2045.
Indonesia's Finance Minister Purbaya projects Pertamax fuel prices will decline following anticipated US-Iran diplomatic breakthrough, expecting lower global crude oil prices to strengthen the rupiah, reduce borrowing costs, and boost economic growth to optimal levels.
Foreign investors are buying Indonesian stocks following a 36-40 percent market correction, capitalizing on undervalued equities as strong fundamentals and attractive dividends make domestic companies appealing investments despite recent volatility.
Indonesia's BRIN developed domestic food irradiation facilities using nuclear technology to reduce export costs, preserve product quality, and eliminate dependence on foreign irradiation services, while also advancing pest-resistant crop varieties for global competitiveness.
Indonesia targets completing its OECD accession technical review by 2030, with Economic Minister Airlangga Hartarto confirming strong progress since February 2024, including alignment of 240 legal instruments across 26 policy areas and 60 percent environmental policy compliance.
Indonesian President Prabowo implemented a single-channel export policy through PT Danantara to retain natural resource profits domestically, addressing decades of overseas profit outflows from coal, palm oil, and ferroalloys sectors while prioritizing downstream industrialization and equitable wealth distribution.
President Prabowo Subianto announced that multiple countries, including Australia, Philippines, India, Bangladesh, and Brazil, have requested fertilizer supplies from Indonesia due to Middle East conflict disruptions, with Indonesia exporting 500,000 tons of urea to Australia alone.
Indonesia's exports grew 0.39 percent cumulatively through March 2026 despite rupiah weakening, with officials leveraging currency depreciation to boost global competitiveness and encourage market expansion among exporters.
Indonesia exported 2.2 million dollars of tropical commodities including mangosteen, crab, and swiftlets to China through its "Merdeka Ekspor" program, designed to boost competitiveness and help local producers meet international quality standards while supporting MSMEs.
President Prabowo announced Indonesia's new international financial center, launching in Jakarta with Bali expansion planned, offering banking, fintech, and investment services under international standards to attract global capital and talent.
Indonesia's government prioritizes domestic EV brands through incentives to accelerate green transition, with analyst Esther Sri Astuti emphasizing need for supply chain investment, charging infrastructure, and affordable mass production to maximize environmental and economic impact.
Indonesian Foreign Minister Sugiono urged finalizing the ASEAN-Canada Free Trade Agreement this year, emphasizing its importance for inclusive regional economic growth while highlighting cooperation on food security, clean energy transition, and youth peacebuilding initiatives.
Seychelles expressed investment interest in Indonesia's Pemapak Hot Springs after visiting the site, which attracted 5,600 visitors post-renovation, with officials emphasizing sustainable tourism development integrating local culture and infrastructure improvements.
Indonesia's energy minister Bahlil Lahadalia launched the mandatory B50 biodiesel program, confirming superior performance in Asian and European vehicles with extended filter replacement intervals up to 40,000 kilometers, supporting the nation's energy independence strategy.
Singapore PM Lawrence Wong and Indonesian President Prabowo Subianto signed 26 cooperation agreements to expand bilateral ties across energy, defense, and people-to-people exchanges, strengthening regional resilience and competitiveness.
Indonesian President Prabowo and Belarusian President Lukashenko strengthened bilateral ties by launching a 2026-2030 cooperation roadmap covering cultural exchanges, education, healthcare, and technology, aiming to deliver tangible benefits to both nations.
Indonesia's Finance Ministry confirmed its Panda Bond issuance remains on schedule for late June or early July 2026, targeting initially US$1 billion in yuan-denominated debt to diversify financing and stabilize the rupiah amid regulatory approvals progressing smoothly.
Indonesia's Ministry of Investment implemented circular economy policies for EV battery production, transitioning from raw material extraction to recycling and value-added manufacturing, while aligning with international standards like the EU Battery Passport to strengthen its supply chain competitiveness.
Indonesia's Creative Economy Minister aims to elevate jamu, traditional herbal medicine, into a global wellness industry leader by strengthening branding, intellectual property rights, and international market access through cross-sector collaboration.
Indonesia's quarantine agency upgraded biosecurity, digital traceability, pre-border cooperation, and fast clearance systems to enhance export competitiveness, with 128 ornamental fish facilities now certified, positioning the nation as a potential global leader in this trade sector.
Indonesia's deputy minister announced a centralized export mechanism through DSI to combat tax evasion and illicit practices in palm oil exports, aiming to recover lost state revenues from under-invoicing and transfer pricing schemes while ensuring transparent oversight.
Indonesia's Finance Minister Purbaya and Bank Indonesia implemented stabilization measures as the rupiah depreciated 0.71 percent to Rp17,966 per dollar Wednesday, attributing weakness to market speculation rather than economic fundamentals while enforcing foreign exchange purchase caps and expanding local currency trading to reduce dollar dependence.
Chinese President Xi Jinping and Pakistani Prime Minister Shehbaz Sharif agreed in Beijing to deepen strategic partnership across security, economic, and cultural cooperation, reinforcing 75 years of bilateral ties while advancing regional peace and stability initiatives.
China is deepening innovation cooperation with Arab states through technology transfer and joint development of science parks, exemplified by a livestock center in Mauritania that transformed 67 hectares of desert into productive farmland.
