AGP Executive Report
Last update: 6 hours agoSOE Overhaul: President Prabowo says Danantara has restructured 250 state-owned entities in 18 months, cutting overhead costs by Rp50 trillion and targeting a further reduction to cap SOEs at 350 by end-2026. Indonesia–Chile Deal: Foreign ministers Sugiono and Chile’s Francisco Pérez Mackenna discussed deeper cooperation in critical minerals, science/tech, agriculture and health, while highlighting IC-CEPA tariff-free access for thousands of Indonesian products. Digital Connectivity: Singapore and Indonesia marked the arrival of the Batam–Changi undersea cable, aimed at faster, more efficient links for data centres and broader ASEAN digital integration. AI Push: Indonesia is betting on AI to power its digital economy, with officials pointing to a potential jump to about US$600 billion regionally under ASEAN’s digital framework. Cyber Crime Probe: Jambi police hunt a Bulgarian suspect behind a Bank Jambi cyber theft involving 6,609 accounts and Rp144 billion losses. Energy & Commodities: Nickel ore supply is flagged as vital for downstream smelters as Indonesia adjusts quotas, while oil prices ease after Iran says US contacts continue via mediators. MSME Support: The MSME ministry reiterates policy backing for MSMEs and ride-hailing drivers, tying welfare goals to tangible cabinet delivery. Regional Aviation: AirBorneo plans ASEAN expansion, starting with Kuching–Singapore on July 22 and a Jakarta route within two months.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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