Govt. Planned Non-Cash Stimulus Package for Lower-Income Households

Coordinating Minister for Economic Affairs Airlangga Hartarto confirmed that the govt. is preparing a new economic stimulus package targeted at lower-income households (decile 4 and below) amid ongoing global economic uncertainty. Unlike previous programs, the assistance will not be distributed in cash, with details currently being finalized. The govt. is also preparing measures to support the middle class, including strengthening internship programs starting in Jun-26. (Bloomberg Technoz)

DPR Proposed Explicit Danantara Contribution Target in 2027 Investment Plan

A member of the DPR Budget Committee proposed that Danantara's investment contribution be explicitly included in the 2027 economic growth framework, arguing that the sovereign wealth fund should have measurable targets given its significant investment capacity. The govt. responded that Danantara's contribution is already incorporated within the BUMN investment component, which is projected to contribute IDR 309.7–350.2 tn to total 2027 investment. Overall, Indonesia targets total investment of IDR 8,666.6–8,743.5 tn in 2027 as a key driver of economic growth. (Bloomberg Technoz)

Sinergi Inti Andalan Prima (INET) Launched Mandatory Tender Offer for Personel Alih Daya (PADA) Shares

INET launched a mandatory tender offer (MTO) for up to 900 mn PADA shares (28.57% stake) at IDR 63/sh, following its acquisition of a 53.57% controlling stake in PADA from Kopindosat. The tender offer period will run from 18 Jun-26 to 17 Jul-26. The MTO is required under capital market regulations after INET became the new controlling shareholder of PADA, providing an exit opportunity for public shareholders at the same price as the acquisition transaction. (IDXChannel)

Merdeka Battery Materials (MBMA) Announced IDR 1.46 tn Share Buyback Program

MBMA announced a share buyback program of up to 1.55 bn shares with a maximum fund allocation of IDR 1.46 tn, to be executed between 17 Jun-26 and 16 Sep-26. Management stated the buyback aims to support share price stability and enhance investor confidence, while having no material impact on the co.'s operations or financial condition. Following the announcement, MBMA shares closed at IDR 515/sh, up 15% over the past five trading days. (Kontan)

Fixed Income Daily Notes 19 Jun 2026

Fixed Income Daily Notes 19 Jun 2026

Fixed Income

19 June 2026 - 08.24am

Fixed Income Daily Notes 19 Jun 2026

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Fixed Income Daily Notes 18 Jun 2026

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Govt. Planned Non-Cash Stimulus Package for Lower-Income Households