The Intimacy of Fiscal-Monetary, Billions of Dollars Lost from Cloudflare, Best-Selling Motorcycle Market

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The following is important information related to the development of the business universe that needs attention today based on the curation of the SUAR Team.

Fiscal-Monetary Coordination Accelerates Policy Transmission to the Real Sector

The presence of Deputy Finance Minister Thomas Djiwandono at the Bank Indonesia Board of Governors Meeting, Tuesday-Wednesday (November 18-November 19, 2025), gave a strong signal of fiscal-monetary harmony to create a real impact on the real sector. Cooperation between the two is needed, because lending is still slow. In fact, with pro-growth policies, BI has spread macroprudential liquidity incentives (KLM). The Ministry of Finance has also injected Rp 200 trillion into Himbara - and will add Rp 76 trillion - to boost lending. But the credit disbursement has not been fast.
On that occasion, BI also announced to maintain the BI-Rate at 4.75%, the deposit facility rate at 3.75%, and the lending facility rate at 5.50%. This decision is consistent with the short-term policy focus on stabilizing the rupiah exchange rate and attracting foreign portfolio investment inflows amid heightened global uncertainty. Transmission effectiveness is strengthened by easing monetary and macroprudential policies, as has been pursued so far.

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From X to ChatGPT Down due to Cloudflare Disruption, Costing Up to USD 15 Billion

Global internet infrastructure, Cloudflare, experienced an internal disruption on Tuesday (18/11/2025). As a result, a number of websites and platforms could not be accessed(down) around the world, including Indonesia. Some of the sites that were down included X, ChatGPT, Canva, and Turboscribe. Likewise, domestic sites: BMKG and several news portals. According to data from SupportMy.website, a leading website maintenance service, the global economic loss due to the shutdown of Cloudflare services is estimated to reach a fantastic figure of between US$ 5 billion and US$ 15 billion (around Rp 79 trillion to Rp 238 trillion) for every one hour of downtime.

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Scooters Become the Best-Selling Motorcycles for Every Generation

Scooters are the most purchased and used type of motorcycle by Indonesian consumers, beating other types of motorcycles such as ducks and sports. Scooter ownership is the highest in every generation, whether from Generation X, Millennials, or Generation Z. Ease of riding is the reason why scooters are a favorite.

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Waste Power Project Needed to Curb Waste Emergency and Promote Renewable Energy

Indonesia is still far behind other countries in terms of utilizing waste into electrical energy sources, even though the discourse has emerged 11 years ago. Waste-to-energy (PSEL) projects are urgently needed to reduce waste emergencies and meet renewable energy needs. Danantara will also enter the waste-to-energy project.

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Selected Video: BI Rate Remains at 4.75%, to Maintain Economic Stability

Apartment market in Jakarta is booming, but not yet recovered

A glimmer of optimism has emerged regarding apartment unit sales during 2025. From the demand side, apartment absorption is projected to increase up to 87% cumulatively until the third quarter of 2025. This increase is mainly driven by government incentives and financing flexibility. The annual sales volume since the beginning of theyear (year to date) 2025 compared to 2024 grew up to 16%, although overall it remains at a low level.
The Colliers report for the third quarter of 2025 explains that people now prefercompleted units. For developers, this shift in preference is a concern when launching new projects(greenfield). This also has an impact on the sales strategy of existing inventory stock, both premium and medium units.

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Indonesia Energy Transition Outlook (IETO) 2026 by the Institute for Essential Service Reform (IESR). The IESR invites the public to the launch of its major study Indonesia Energy Transition Outlook (IETO) 2026 entitled Rhetoric or Reality: Aligning Economic Growth with Energy Transition. The event, which will be held on Thursday, November 20, 2025 at 13.00-17.00 WIB online via Zoom and YouTube IESR, aims to evaluate the extent of energy transition steps in Indonesia and discuss the challenges of 8% economic growth with climate crisis mitigation efforts. The event will feature Fabby Tumiwa (CEO of IESR), Dr. Agus Harimurti Yudhoyono (Coordinating Minister for Infrastructure and Regional Development), Prof. Purnomo Yusgiantoro (Presidential Advisor on Energy), and many other outstanding figures. Further information can be accessed through IESR Indonesia's official social media.

The National Seminar on Indonesia's Economic Projections 2026 with the theme "Reimagining the Direction of an Equitable Economy" will be held on Thursday, November 20, 2025 at Menara Danareksa, Jakarta. The seminar, organized by Indef, aims to evaluate the 2025 economic condition and project the 2026 policy direction amidst the global economic slowdown and real social inequality challenges. The discussion focuses on Indonesia's efforts to improve poverty and unemployment conditions while addressing household vulnerability and regional disparities. The event will feature Muhaimin Iskandar (Coordinating Minister for Community Empowerment) and Pramono Anung (Governor of Jakarta) as keynote speakers, as well as economists and ministry deputies. Interested parties can follow the event live via Zoom or Indef's YouTube channel. For more information, please access Indef's Instagram.