The spark was a warning by the index provider MSCI over the “opacity” of shareholding structures, with a threat to downgrade Indonesia to the status of a frontier market. For investors this was a final straw after a year of increasing concerns over the Prabowo government’s fiscal and political record.
Media update
The plan to revoke the license of PT Agincourt Resources, the operator of the Martabe Gold Mine in North Sumatra, is progressing without clear direction. The administrative process regarding this decision remains unclear, and there are discussions about the takeover of the mine involving State-Owned Enterprises.
Indonesia’s Creative Economy Minister Teuku Riefky Harsya hosted Australia’s Minister for the Arts Tony Burke in Jakarta, where they reaffirmed their commitment to deepening synergy in the creative industries between the two countries.
South Sumatra’s quarantine agency certified 8.8 metric tons of robusta coffee from Pagaralam for export to Sydney, Australia, marking another overseas shipment as Indonesia seeks to expand agricultural exports and strengthen access to markets.
Ruth Retno Dewi, Director of KITA, revealed that GoApotik has partnered with more than 8,000 UMKM pharmacies across Indonesia. Through this digital ecosystem, healthcare products are distributed to over 400 cities, from Sabang to Merauke.
Applicants to Indonesia’s global citizenship scheme must show proof of at least US$15,000 (S$19,000) in annual income, or US$1,500 a month, among other requirements. They are also required to pay an application fee starting from 34.8 million rupiah (S$2,600).
Indonesia’s operational and planned captive coal power capacity has reached 31 gigawatts (GW), triple its 2023 baseline and larger than Australia’s current coal fleet, according to new analysis from the Centre for Research on Energy and Clean Air (CREA) and Global Energy Monitor (GEM).
Minister Burke and Indonesia’s Coordinating Minister for Political and Security Affairs, H.E. Djamari Chaniago, co-chaired the 11th Ministerial Council Meeting on Law and Security on 28 January.
The Great Fragmentation notes that middle powers increasingly shape outcomes through flexible coalitions rather than formal alliances. Indonesia’s diplomacy reflects this pattern.
Newly dated cave art in Indonesia is not only the oldest known example of rock art but also a crucial clue to how early humans may have traveled through Southeast Asia on their way to Australia.
Head of the Political Research Center (PRP) at the National Research and Innovation Agency (BRIN) said Indonesia and Australia, as middle powers, face similar challenges in navigating China’s growing economic, political, and military influence. This can directly impact security and defense policies, as well as regional stability.
Jakarta is preparing to import 7,500 live cattle from Australia in 2026 to strengthen meat supplies through regional government-owned food company Perumda Dharma Jaya, as authorities seek to stabilise food availability and prices ahead of the Ramadan and Idulfitri period starting in February.
The Indonesian Ministry of Trade announced that steel exports to Australia have officially reopened following its decision to drop an antidumping investigation into Indonesian hot-rolled deformed steel reinforcing bar (rebar).
Indonesia has also signed agreements with the Eurasian Economic Union (IAEU) and is leveraging its membership in the Regional Comprehensive Economic Partnership (RCEP), which links ASEAN with major economies such as China, Japan, South Korea, Australia, and New Zealand.
Indonesia’s state-owned railway manufacturing company, INKA, has delivered three units of locomotive platforms to Australia for United Group Limited (UGL). The delivery was made through the Terminal Petikemas Surabaya (TPS).
(PAYWALLED) – Nickel prices are at a seven-month high after Indonesia, the world’s biggest producer, signalled plans to cut supply of the metal in a Christmas gift for struggling Australian miners who have been shuttering projects.
