Global Scans · Indonesia · Weekly Summary

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 made a decisive move that could ripple through the global financial system: it announced plans to launch new foreign-exchange operations centered on the Chinese yuan, with the Japanese yen playing a secondary role. BRICS
• [New] Indonesia will soon begin limiting accounts belonging to users under 16 on several high-risk platforms under the Child Protection in Digital Space Regulation (PP Tunas), which aims to protect children from online dangers ranging from pornography and cyberbullying to exploitation. The Jakarta Post
• [New] Indonesia at 5.0% benefits from Prabowo Subianto's fiscal stimulus and state-led investment programme, though governance risks remain a structural overhang. The Economy
• [New] Indonesia's Grasberg Mine had a fatal mudslide in September, which led to a 35% reduction in 2026 production forecasts with operations projected to return to normal by 2027. CNBC
• [New] Shifting global geopolitical dynamics could affect multiple sectors of the Indonesian economy and society. Antara
• [New] Indonesia introduces < 16 social media ban: The Indonesian government will ban children under the age of 16 from high-risk online platforms. Risky.Biz
• [New] Indonesia's large population, increasing insurance coverage, and government focus on healthcare access make it a massive untapped opportunity for pharmaceutical growth by 2026. LinkedIn
• [New] The biggest risk is an automatic sell-off, because many large investment funds and exchange-traded funds are legally restricted to emerging markets; a downgrade would force them to sell Indonesian stocks immediately. The Diplomat
• [New] Indonesia Eyes 2027 End to Fuel Imports. oilprice.com
• [New] Indonesia's Energy Minister reiterated Jakarta's target of halting imports of gasoline and jet fuel by the end of 2027, having imported an average of 565,000 b/d of refined products last year on insufficient domestic downstream coverage. oilprice.com
• The number of megacities is expected to rise to 37 by 2050. / Indonesia Apa.az
• Potential impact, measured Pre-cut, for 2026, we forecast Indonesia's thermal coal exports at 493 mt, 45% of the corresponding forecast global total - making Indonesia the largest source of exported thermal coal. FlippingBook
• Indonesia plans to cushion the impact of surging global oil prices by increasing fuel subsidies through the state budget while maintaining its fiscal deficit target and keeping domestic fuel prices stable in the near term. Brief
• Singapore, Switzerland, Norway, Indonesia, Malaysia, Cambodia, Thailand, Korea, Vietnam, Taiwan, Bangladesh, Japan and India will be the targets of investigations under the trade statute known as Section 301. Yahoo News
• Indonesia's planned B50 biodiesel mandate could tighten exportable supply significantly, while EU sanctions on Russian fertilizers threaten to drive up potash costs for Indonesian growers - adding structural cost pressure on top of weather-related yield volatility. CNS Media
• Indonesia will file for a suspension of concessions against the European Union at the World Trade Organization's dispute settlement body over a palm oil case. NAMPA
• Among the other countries in the IMF's top 10 list, the USA is expected to contribute 9.9% to the world's real GDP growth, followed by Indonesia with 3.8%, Turkey 2.2%, Saudi Arabia 1.7%, Vietnam 1.6%, while both Nigeria and Brazil are expected to contribute 1.5% each. @mathrubhumi
• In 2026 gross output of basic metals is expected to grow by 9% in Indonesia, 3% in Singapore, 3% in Thailand, and 9% in Vietnam. atradius
• In Indonesia, particularly in urban areas, the heat stress index is projected to increase by 1.9 °C based on the average climate change scenarios of various models. Reynold Sumayku
• The Jakarta Post - President Prabowo Subianto claimed that Indonesia will maintain its long-standing free and active foreign policy, remaining nonaligned and avoiding any geopolitical bloc, even as global tensions intensify, particularly amid the ongoing conflict in the Middle East. Brief
• Global supply pressures include disruptions at Grasberg in Indonesia, the world's second-largest copper mine. Ecofin Agency
• Jacobson would note the caveats: the continued reliance on coal in Indonesia for feedstock processing, and the risk that green aluminium still enables continued consumption. youth4planet

Last updated: 23 March 2026