AGP Executive Report
Last update: 8 hours agoModi’s Jakarta Arrival: Indian PM Narendra Modi landed in Jakarta for the first leg of a three-nation tour, greeted personally by President Prabowo Subianto and escorted by Indonesian fighter jets, with Modi saying talks will add momentum across sectors and include a visit to Prambanan. Indonesia–Singapore Maritime Security: Prabowo and Singapore PM Lawrence Wong reaffirmed freedom of navigation and pledged to keep the Strait of Malacca “accessible,” coordinating on anti-piracy and search-and-rescue. Green Finance & Carbon Trading: Indonesia’s carbon trading push could reach about Rp5 trillion if managed transparently, while Indonesia also expands carbon opportunities via social forestry and prepares a carbon unit registration system; Singapore and Indonesia signed a carbon credits pact. Waste-to-Energy Push: Indonesia aims to end open dumping by 2028, targeting 50% completion by 2027, with WtE incinerator projects in Bali and revised regulations to speed delivery. Energy & Industry Deals: Indonesia Energy Corporation began operations on its K-29 well in the Kruh Block, while Indonesia–Singapore assigned Danantara to implement cross-border electricity trade aiming for at least 3.4 GW by 2035. Business & Markets: Indonesia’s tourism rebounded in May to 1.38mn arrivals; Shopee launched one-hour delivery for essentials; and Indonesia’s Jakarta Composite jumped to 5,920.74 on July 6. Defense & Tech: Indonesia dropped KF-21 co-production plans, and South Korea is set to hear Polymarket’s defense before deciding on a possible ban.
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.