AGP Executive Report
Last update: 7 hours agoIndustrial Policy: Indonesia cut industrial LNG prices to US$13 per MMBtu (from $20–$23) to protect manufacturers and jobs, while keeping subsidized Specific Natural Gas Price (HGBT) at $6.50–$7.00 for priority sectors. Economy Watch: The government says Indonesia’s fundamentals stay resilient—Q1 growth hit 5.61%, May inflation 3.08%, FX reserves US$144.9b, and manufacturing PMI returned to expansion. Finance & Liquidity: Finance Ministry will keep Rp281 trillion in state-bank funds until end-December 2026, plus Rp100 trillion standby liquidity. Jobs & Layoffs: Manpower officials push mitigation to curb layoffs as firms face pressure from the Middle East conflict, weaker demand, rupiah depreciation, and overseas production shifts. Child Online Safety: TikTok and YouTube deactivated about 4.7 million under-16 accounts after Indonesia’s curbs, as debate over social media rules intensifies. Human Rights: Rights groups urge ending military training for village cooperative managers after five deaths. Culture & Tourism: Lumajang’s Segoro Topeng Kaliwungu dance event uses tourism to preserve local heritage.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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