AGP Executive Report
Last update: 10 hours agoPolitical Turmoil: Indonesia’s wiretapping scandal widened, with a fourth senior police officer named as a suspect after three generals were arrested over alleged surveillance of President Prabowo and other officials. The case is fuelling tensions between Prabowo’s camp and allies of former president Joko Widodo, as lawmakers also weigh an inquiry into Vice President Gibran’s diploma. Investment: Indonesia secured Rp6.3 trillion in commitments at a London forum, including projects in tin processing, an AI data center in Batang and industrial assembly. Economy: GDP grew 5.47% year-on-year in the third quarter, beating expectations, but analysts warn that headline growth masks strains on jobs and household finances. Wildfires: Australian aircraft began firefighting operations in Samarinda as Indonesia battles severe forest and land fires; officials say the country will share its fire-control experience at COP31. Banking: Indonesia’s digital banks have reached profitability faster than peers in several Southeast Asian markets, though lending risks remain.
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