Business
Indonesia’s new finance minister held the 2026 deficit outlook at 2.85% of GDP in his first briefing, but the third MoF in under two years still has to prove fiscal rules and state-bank cash placements will stay predictable.
Business
ULTJ seeks shareholder approval to acquire all of PT Frisian Flag Indonesia via inbreng for Rp14.57 trillion (~US$821.2 million), with FrieslandCampina set to become Ultrajaya’s new controlling shareholder after a fourth rights issue and Oct 27 EGM.
Business
Jakarta’s IHSG slipped 0.35% to 6,439.74 by the first-session close with Rp1.14T foreign net selling, even as Finance Minister Suahasil Nazara highlighted Rp141.6T year-to-date inflows into Indonesia’s financial markets.
