Indonesia’s New Borrowing Tops IDR 744 Trillion as 2025 Deficit Widens
The Indonesian government added IDR 744 trillion (USD 44.2 billion) in new debt throughout 2025, exceeding the IDR 616 trillion target set under the state budget, Jakarta Globe reported, citing the Finance Ministry.
Nickel Extends Drop Amid Lack of Detail on Indonesia Output Cuts
Nickel fell further from a 19-month high after Indonesia didn’t provide details on its pledge for output cuts, which had earlier fueled a sharp rally, Bloomberg reported. Indonesia previously flagged plans to reduce production this year to improve the balance between supply and demand.
Indonesia Mulls Palm Oil Export Levy Hike to Support Biodiesel Mandate
Indonesia will likely increase its palm oil export levy to support the country’s biodiesel mandate, Reuters reported, citing energy ministry official Eniya Listiani Dewi. The cash reserves managed by the country’s plantation fund were reportedly dwindling.
Indonesia Drops Requirement for Policyholders to Pay At Least 10% of Health Insurance Claims
Indonesia’s financial regulator has dropped a plan to make policyholders contribute to private health insurance claims, amid concerns the requirement would increase financial pressure on the public, Reuters reported.
AHP Advises on the Restructuring of Kimia Farma and Kimia Farma Apotek
Assegaf Hamzah & Partners (AHP) advised Bio Farma on a bank loan restructuring involving Kimia Farma and its key subsidiary, Kimia Farma Apotek, according to the Indonesian law firm’s statement. The mandate formed a core part of Biofarma Group’s recovery and realignment strategy.