AGP Executive Report
Last update: 7 hours agoHaze and Energy Tensions: Indonesia and Singapore’s foreign ministers are due to meet as fire-linked haze strains relations. Jakarta has cut pipeline gas supplies to Singapore by about 9%, citing domestic demand; Singapore is considering tougher haze laws and has issued notices to companies. Fires have been linked to 333,470 respiratory illness cases in Indonesia and threaten ancient cave art. Corruption Law: President Prabowo has ordered a review of Indonesia’s corruption laws to align them with the UN convention against corruption. Critics warn that proposals to narrow the definition could weaken accountability. Markets and Energy: The rupiah is near record lows amid higher oil prices and concern over a possible MSCI downgrade. Bank Indonesia expects local-currency trade to top US$55 billion this year, while the government drafts more flexible terms to explore 67 untouched oil and gas basins. Health Reform: The Health Ministry and doctors’ association are pursuing changes to national insurance financing and stronger legal protections for physicians as enrollment reaches 99.1% of the population and demand for care rises.
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