Indonesia Implemented Single-Exporter Scheme for Key Natural Resources

Indonesia Implemented Single-Exporter Scheme for Key Natural Resources

President Prabowo Subianto announced a new Government Regulation on Natural Resource Export Governance requiring exports of strategic commodities — initially covering palm oil, coal, and ferro alloys to be conducted through govt. appointed SOEs acting as sole exporters. The policy aims to strengthen oversight of commodity exports, curb under-invoicing, transfer pricing, and export proceeds leakage, while optimizing state revenues and tax collection from Indonesia’s natural resources sector. The govt. stated that the designated SOEs will function as centralized marketing facilities by channeling export proceeds back to business operators, adding that similar export governance frameworks have been implemented in several resource-rich countries such as Saudi Arabia, Qatar, Malaysia, and Vietnam. (BPMI SETPRES)

Government Targeted 5.8–6.5% Economic Growth in 2027

President Prabowo Subianto outlined Indonesia’s 2027 macroeconomic targets, with the govt. aiming for GDP growth of 5.8–6.5%, a fiscal deficit of 1.8–2.4% of GDP, and the rupiah at IDR16,800–17,500/USD. The administration also targeted state revenue at 11.82–12.40% of GDP and expenditure at 13.62–14.80% of GDP, while aiming to lower poverty and unemployment rates as part of its broader push for equitable and sustainable economic growth. (Kemenkeu)

Folago Global Nusantara (IRSX) Partnered with TVRI and Solusi Sinergi Digital (WIFI) for World Cup 2026 Streaming Ecosystem

IRSX through OTT platform FolaPlay announced strategic collaboration with TVRI and WIFI to support advertising and digital streaming ecosystem for FIFA World Cup 2026. TVRI as official broadcaster appointed FolaPlay as digital platform partner, while Surge will support internet accessibility through its “Internet Rakyat” service to expand affordable viewing access across Indonesia. Management stated the partnership aims to strengthen inclusive digital entertainment ecosystem and create broader advertising opportunities during the World Cup event. (Emitennews)

Telkom Indonesia (TLKM) Prepared “AdyaCakra” Sovereign AI Platform Initiative

TLKM is developing “AdyaCakra,” a sovereign AI platform integrating sovereign AI, sovereign cloud, and sovereign cyber security within Indonesia-controlled digital ecosystem. Management targets initial showcase launch on 17 Aug-26 and stated the platform will prioritize local data control, national operational oversight, domestic encryption ownership, and compliance with Indonesian jurisdiction. Telkom also sees sovereign AI market potential reaching hundreds of trillions of rupiah and plans to collaborate with regulators, universities, and local developers to build the ecosystem. (Emitennews)