Global Scans · Indonesia · Weekly Summary

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WHAT'S NEXT?: Indonesia's GDP is forecast to grow at 5% a year over 2016-2020, supported by strong growth in consumer demand and infrastructure investment. She is likely to be among the star economic performers for at least the next decade but at the same time faces great challenges to overcome past political and social issues.

• [New] Indonesia said that it hopes to conclude its trade agreement with the US by the end of 2025. Yahoo Finance
• [New] Several newly unveiled projects of subsea activity include Meta unveiling its plan for its Candle Subsea Cable System, a new 8,000-kilometer cable designed to boost connectivity across Japan, Taiwan, the Philippines, Indonesia, Malaysia and Singapore by 2028. Verdict
• [New] Indonesia agreed to eliminate tariffs on more than 99% of US goods and scrap all non-tariff barriers facing American firms, while the US will drop threatened tariffs on Indonesian products to 19% from 32%. BusinessWorld Online
• [New] Tapanuli orangutans survive only in Indonesia's Sumatran rainforest where a mine expansion will cut through their home. The Guardian
• [New] India's main power utility NTPC, Indonesia's PLN, and Malaysia's Tenaga Nasional all face a high risk of disruptions caused by rising heat. Boston Herald
• [New] Indonesia experienced disruption, as an estimated 1.5 million people were affected, 570,000 were displaced, and approximately 700 died. Encyclopedia Britannica
• [New] Southeast Asia presents a mixed picture, with Malaysia, the Philippines, and Vietnam showing strong growth potential, while economic and regulatory challenges have led to a downward revision in forecasts for Thailand and Indonesia. GAM3S.GG
• [New] So far, Vietnam estimates losses exceeding $3 billion in 2025; in Thailand, the damage from the November floods could subtract up to one-tenth of the annual GDP, while Indonesia reports an annual average of $1.37 billion in disaster losses, a figure that experts fear will increase in 2025. Ediciones EL PAIS S.L.
• [New] Recently, BI focused on the development of low-cost national payments systems such as Quick Response Code Indonesian Standard payments that gives favorable treatment to Indonesian banks, serves as an impediment to foreign investment, and may introduce security risks. United States Department of State
• [New] India is expected to enjoy robust growth at 6.6% and 6.2% in 2025 and 2026, respectively, while key ASEAN economies Indonesia, Malaysia, Vietnam and the Philippines are all set to post growth rates above 4% in 2025 and 2026. Asia House
• [New] New data from Brazil, Ghana, India, Indonesia, Nigeria, Philippines, Rwanda, and South Africa show that nuclear - including next-generation SMRs - could deliver up to 30% of electricity generation and lower system costs by up to 31% by 2050 compared to renewables-only pathways. Finger Lakes Times
• [New] Indonesia's Ministry of Tourism is expecting a surge in both international and domestic tourist arrivals during the Christmas and New Year holidays in 2025-2026. Travel And Tour World
• [New] Viet Nam's renewable push includes a 73 GW solar goal by 2030, while the Philippines and Indonesia target 14 GW and 13 GW, respectively. Ember
• [New] Indonesia is advancing regulatory frameworks with risk-sharing provisions in power purchase agreements, new ownership models, and policies that give value to carbon credits and other environmental attributes. Ember
• [New] Indonesia aims for 8% GDP growth by 2029 and to become one of the world's top five economies by 2045. The Southeast Asia Desk
• [New] A regime change in Indonesia could shift its foreign policy and alliances. The Southeast Asia Desk
• Indonesia plans a $1.2 billion investment in feed mills to boost poultry feed production. All About Feed
• Indonesia is set to experience a major tourism boost during the 2025-2026 Christmas and New Year holidays, with an expected 1.36 million foreign tourists and over 120 million domestic trips. Travel And Tour World
• Viet Nam aims for a substantial deployment of 73 GW of solar by 2030, while the Philippines targets 14 GW and Indonesia 13 GW. Ember
• Palm oil production in Indonesia could rise by up to 10% in 2025 to around 56M tonnes - higher than previous projections - with production supported by favourable weather conditions and strong prices. Oils & Fats International
• The rate of economic growth throughout 2025 is projected to still last below 5%. / Indonesia VOI.ID
• The IMF projected Indonesia's gross domestic product to grow by 5% in 2025 and 5.1% in 2026. Vietnam+ (VietnamPlus)

Last updated: 15 December 2025