AGP Executive Report
Last update: 9 hours agoIndonesia–France Talks: President Prabowo met France’s Emmanuel Macron at the Élysée Palace, with both sides pushing defense cooperation and reviving a long-stalled Indonesia–EU trade deal (IEU-CEPA), alongside a new France–Indonesia high-level business council. Renewables & Industry: Indonesia inaugurated key facilities in Batam for its first large-scale wind-to-electricity conversion project supporting the Tennet 2GW HVDC plan, with officials citing thousands of jobs during construction. SME Sustainability: ASEAN and East Asia business groups partnered to help SMEs adopt circular economy practices, including a “circular business check” tool piloted in Indonesia, Thailand and the Philippines. Trade & Commodities: Indonesia’s trade deficit widened as imports accelerated and exports slowed, while the government clarified that PT Danantara Sumberdaya Indonesia will not profit from the new CPO export centralization system during a June–Aug transition. Enforcement: Batam–Barelang police raided an online gambling center linked to a multinational network, seizing cash and funds and detaining suspects. Energy Planning: Indonesia is preparing land on Java for the 100 GW solar program, targeting an initial 17 GW phase with grid and substation readiness.
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