AGP Executive Report
Last update: 5 hours agoJakarta-Indonesia Business & Policy: Indonesia’s EV push gets a boost as the Industry Ministry brings automotive component SMEs into the EV supply chain, aiming for wider participation and knowledge transfer via partnerships with major players in West Java. Energy & Industry: Pertamina Patra Niaga adds nine million subsidized 3-kg LPG cylinders for Eid al-Adha demand, stressing distribution through authorized outlets to prevent panic buying. Renewables Manufacturing: Batam backs its first wind energy conversion project, positioning the city as an offshore wind fabrication hub tied to the Tennet 2GW HVDC project. Tourism & Trade: Indonesia Travel Fair 2026 targets 30,000 visitors and Rp60 billion in transactions, bundling discounted travel, umrah, and health tourism offers. Digital Economy & Sustainability: Indonesia warns that AI infrastructure, data centres and digital mining can strain water resources as demand for digital services accelerates. Regulation & Markets: OJK shuts down 951 lenders and warns of digital fraud, while Indonesia also moves to tighten rules around the digital economy. International Links: Prabowo begins a France state visit with Elysee ceremony, signaling cooperation on defense, clean energy, education and research. Capital Flows: ADB approves at least $50m into a Southeast Asia-focused private equity fund targeting mid-sized firms, including Indonesia.
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