AGP Executive Report
Last update: an hour agoForest Fires and Haze: Indonesia says it will prosecute people and companies responsible for deliberate forest burning, as fires threaten ancient cave art and worsen regional pollution. Singapore has widened its haze investigation to 10 locally based firms, while Indonesian authorities have named companies as suspects. Energy Policy: Indonesia began cutting gas exports to Singapore by 31 billion British thermal units a day on Oct. 24, prioritising domestic supply. The move raises questions about revenue and the country’s plans for downstream industry. Political Pressure: Allies of President Prabowo are distancing themselves from his flagship free-meals programme amid food-poisoning cases, logistical problems and corruption allegations. Economy and Markets: Indonesia’s economy grew 5.45 percent, while investment reached US$216 billion in Prabowo’s first two years. But market concerns persist after an MSCI downgrade warning, prompting calls for stronger capital-market reforms.
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