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 committed to achieving high-income status by 2045, which requires sustained economic growth and structural transformation. Asian Development Bank
• [New] Policymakers and senior officials will share actionable insights into infrastructure readiness, investment frameworks, and sustainable mobility initiatives shaping Indonesia's rapidly evolving EV and transport landscape. Vulcan Post
• [New] The Indonesian government is preparing regulations to mandate a 1% sustainable aviation fuel blend for international flights from Jakarta and Bali starting in 2026 and a 5% blend by 2035. Winssolutions
• [New] Access to NDB financing could allow Indonesia to pilot next-generation air mobility programs, including seaplane bases, unmanned aircraft corridors, and sustainable aviation fuel infrastructure - all within frameworks better suited to national development priorities. BRICS
• [New] Indonesia, with its beautiful greenery and unique island views, coupled with its vulnerability to climate change, makes a strong case for nature-based solutions. The Jakarta Post
• [New] Meta unveiled a new planned cable dubbed Candle, an 8,000 km system to be completed by 2028 that will link Taiwan, Japan, the Philippines, Indonesia, Malaysia, and Singapore with a staggering 570 Tbps of capacity. Bez Kabli
• [New] Candle will be the largest capacity cable in APAC, bringing increased connectivity to Japan, Taiwan, the Philippines, Indonesia, Malaysia, and Singapore, in 2028. Engineering at Meta
• [New] The Indonesian government plans to extend Freeport Indonesia's mining permit contract for 20 years until 2061, beyond the current contract, which runs until 2041. Antara
• [New] Joint exercises, simulation training, and technology-sharing initiatives could support Indonesia's push for integrated air surveillance and radar fusion systems, critical for both safety and national security. BRICS
• Indonesia's digital economy grew to US$ 82 billion in 2023 and is expected to exceed US$ 110 billion by 2025, supported by more than 80% digital payment adoption and fintech lending that surpassed US$ 10 billion in 2024. ASEAN Business News
• Indonesia is preparing to mandate a nationwide switch to its B50 biodiesel blending mandate in the second half of 2026, in a bid to completely eliminate diesel imports, currently trending around 45,000 b/d, and have 50% of its middle distillate produced from palm oil. oilprice.com
• Indonesian exporters of palm derivatives, seafood, and processed foods will improve price competitiveness in Canada as tariffs are reduced. ASEAN Business News
• When implemented, Canada will remove tariffs on more than 95% of its current exports to Indonesia, while Indonesia will liberalize a substantial share of its imports from Canada. ASEAN Business News
• The expansion of BRICS to include countries with large economies like Indonesia or sophisticated offshore financial centers such as the UAE opens up additional opportunities for users of the BRICS payment system. GIS Reports
• Mambu will enable the continued rollout of innovative financial products over the next five years at speed and scale, including additional deposits and loan offerings tailored to Indonesia's digital-native consumers. FinExtra
• Indonesia currently has a better opportunity to obtain cooperation or transactions for certain commodities at more competitive prices, such as the potential purchase of Russian crude oil at more affordable prices due to the Western embargo, which could reduce the burden of national energy subsidies. Valdai Club
• Indonesia has committed to reaching net-zero emissions by 2060 or sooner. Antara
• Jakarta - Indonesia is positioning itself as a global climate leader by framing the climate crisis not only as a pressing challenge but as a strategic opportunity for sustainable development and international cooperation. Antara
• Technology roles are projected to see the largest salary hikes in Vietnam and Indonesia, while consulting and business services are expected to top the list in Malaysia. Insurance Business

Last updated: 27 October 2025