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 is currently exploring bilateral investment agreements with other BRICS countries, including the United Arab Emirates and Iran, to expand international investment networks and create new economic opportunities. New Eastern Outlook
• [New] As a country with a strategic position in the Indo-Pacific region, Indonesia plans to bridge the interests of developing countries and contribute to mitigating geopolitical and geoeconomic competition. New Eastern Outlook
• [New] Indonesia must remain open to opportunities for cooperation with Western countries to avoid over-reliance on a single power bloc. New Eastern Outlook
• [New] Uncertainty surrounding future tariff measures could undermine foreign investor confidence and complicate Indonesia's bid to secure full membership in the OECD. Asia Times
• [New] Across Southeast Asia, inflation and trade figures from Indonesia, Thailand and the Philippines will help gauge exposure to commodity price swings and slowing external demand. financialpost
• [New] Indonesia has ambitious energy goals, including adding almost 43 gigawatts of renewable energy capacity by 2034. UN News
• [New] Economically, Indonesia's GDP growth rate has returned to pre-pandemic levels, and stable growth of around 5% is expected in the near future. BTI 2026
• [New] Indonesia plans to centralize palm oil exports, while Argentina has reduced wheat export taxes. Food Security Portal
• [New] In Indonesia specifically, the share of the population that owns an air conditioning unit is expected to rise from 14% in 2023 to 85% by 2050, driven in large part by an improvement in living standards. Euronews
• Southeast Asia's EV adoption programs across Thailand, Indonesia, and Vietnam are generating comparable opportunities, with governments actively soliciting foreign direct investment in domestic battery recycling infrastructure as a strategic industrial development priority. IMARC Group
• Indonesia has begun the transition to a state-controlled export system, and it is expected that, from 2027, the majority of palm oil exports will be channelled through a single state-owned entity. Lipsa
• The increase in the biodiesel blending mandate from B40 to B50 will further boost domestic demand for palm oil in Indonesia. Lipsa
• Indonesia announced it will treat 2,000 wounded Palestinians from Gaza in a medical facility on its territory. Middle East Council on Global Affairs
• Synergy between Indonesia and Russia is expected to open concrete cooperation opportunities that add value to the development of both countries' industries. Antara
• Indonesia invited Russian support to encourage greater participation of Chinese investors and businesses at INNOPROM 2026, where Indonesia will be the partner country. Antara
• Access to advanced military technology and the opportunity to bolster Indonesia's bargaining position in the Indo-Pacific region are also significant incentives. The Jakarta Post
• 5G investment in Indonesia could contribute USD 41 billion to the national GDP between 2024 and 2030. theregister
• Indonesia is projected to record the world's strongest expansion in ultra-wealthy individuals over the next five years, with an 82% increase. Euronews
• Disruptions to global oil supplies from the U.S.-Iran war have prompted countries such as Indonesia to ramp up efforts to reduce dependence on fossil fuels. Farm Progress
• The government and companies in Indonesia have some $12.6 billion of foreign currency bonds due in 2027 and $11.3 billion to $16.3 billion in each of the four years. financialpost
• Indonesia's central bank surprised markets with a larger-than-expected rate hike and a pledge to step up currency intervention. The Star

Last updated: 06 July 2026