AGP Executive Report
Last update: 6 hours agoRupiah Relief With a Catch: Indonesia’s rupiah rebounded from a historic low and the stock market jumped after Bank Indonesia’s back-to-back rate hikes, but economists warn the same tightening could squeeze the shrinking middle class and weigh on growth. Resource Nationalism in Action: Lawmakers say Prabowo’s plan to centralize exports of palm oil and coal via state firm PT Danantara Sumberdaya Indonesia (DSI) should be used to drive downstreaming, not just manage foreign exchange. Hydrogen Safety Contract: RINA won a safety assessment role for PLN’s H2WATT green hydrogen hub, covering fire/explosion risk modelling and possible ISCC PLUS certification support. Earthquake Update: A 6.7 quake hit Central Sulawesi, killing at least one and damaging hundreds of homes and infrastructure, with aftershocks reported. Women-Friendly Palm Oil Push: Indonesia’s women’s ministry urged maternity rights, childcare and lactation facilities in the palm oil sector, drafting gender mainstreaming guidelines. Regional Deals: Putin hosts ASEAN leaders at a Russia-ASEAN summit in Kazan to expand trade and investment ties. Energy Prices & Protests: The Iran-related oil shock has hit Indonesia’s costs and currency, while Batam residents say the weaker rupiah is boosting tourism spending.
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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