Foreign Policy Shuffle: President Prabowo replaces Sugiono with career diplomat Arrmanatha Nasir as foreign minister, saying Indonesia’s diplomacy will stay consistent with the “free and active” principle. Banking Reform: OJK unveils five priorities for Indonesia’s banking sector through 2030, including stronger integrity, tech modernization, deeper financial markets, sustainable finance, and integrated licensing. Industry Push: New Industry Minister Muhammad Sarmuji pledges cross-ministry coordination to boost industrial growth and jobs, stressing investment, energy supply, and downstreaming. Trade & Investment: Indonesia and Germany look to expand cooperation across industry, infrastructure, trade, investment, energy transition, digital transformation, and health/life sciences. Migrant Worker Support: KP2MI and Udayana University establish a migrant center to strengthen skills, language readiness, and safe placement for overseas workers. Energy & Environment: Indonesia’s B50 biodiesel rollout helped stop CN48 diesel imports from July 1, while wildfires and landfill fires underline worsening dry-season risks. Disaster Watch: Two new islands appear after Anak Krakatau’s eruption, prompting further monitoring. Culture & Markets: WIG 2026 links Indonesia’s gastronomy with global buyers, and the Indonesia International Book Fair brings Chinese publishers to Jakarta.