Good morning Chief...
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.
Major Investor Capital Injection Drives JCI to Record Highest Level in History
- The Composite Stock Price Index (IHSG) recorded its highest record in history at the close of trading on Thursday (14/8/2025), reaching a level of 7,931 – up 0.49% compared to the opening. This breaks the previous record of 7,910 on September 19, 2024.
- The rise in the JCI indicates that the investment climate in Indonesia is quite attractive to domestic and foreign investors. The release of economic growth data some time ago, which was at 5.1%, also contributed to increasing market and investor optimism.
Read more here.
Used Cooking Oil Development Innovation Becomes Environmentally Friendly Product
- PT Pertamina (Persero) has officially produced bioavtur or Pertamina Sustainable Aviation Fuel (SAF) made from a mixture of used cooking oil (UCO). This innovation by Pertamina aims to accelerate the clean energy transition and emission reduction.
- President Director of PT Kilang Pertamina Internasional (KPI) Taufik Aditiyawarman said that the fossil oil content in the form of SAF products is around 97%. Meanwhile, the SAF production capacity at the Cilacap Refinery reaches around 1,200 kiloliters per day with a 3% mixture of used cooking oil. "So the need for used cooking oil is temporarily around 40 kiloliters per day, which can produce approximately 1,200 kiloliters of Pertamina SAF," he said.
Read more here.
The Dilemma of Overcoming Increasingly High Rice Prices
- Rice prices in Indonesia continue to creep up, reaching the highest level in history. Based on data from the National Food Agency (Bapanas), the price of premium rice now penetrates Rp 15,622 per kilogram, while medium rice reaches Rp 13,860 per kilogram.
- Law enforcement of rice trade governance from mixing to hoarding is feared to cause confusion between hoarded stock and running stock.
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Becoming a Short-Term Financial Solution, Paylater Grows Rapidly
- Paylater services continue to grow rapidly. Amid weakening public purchasing power, paylater services can be a short-term solution to financial needs. Although it can be an opportunity, entrepreneurs need to remain vigilant and careful in monitoring the risk of potential bad loans that may occur.
- Senior Economist at the Institute for Development of Economics & Finance (INDEF) Aviliani said that paylater is an easy financial solution. This payment method allows users to buy goods or services without having to pay directly. Users only need to pay a down payment, and the remaining bill will be paid in installments over a certain period of time.
Read more here.
Utilization of Natural Gas Production for Industry vs. Exports
- National natural gas production has been relatively stable over the past five years. In the first half of 2024, natural gas production was recorded at 6,635.5 MMSCFD, not significantly different from the previous year. Of this production, 69.17% was used to meet domestic needs, with the remainder being exported.
- The utilization of natural gas for industrial needs accounts for approximately 27 percent. Its utilization has tended to increase, reaching its highest proportion in 2023 (30.83%). This increase is inseparable from efforts to support the structural transformation process, which is shifting from a focus on activities in the agricultural sector to the processing industry sector.
Read more here.
Financial Note and 2026 State Budget Bill: An important agenda in the State Budget preparation cycle will be held on August 15, 2025, which will be delivered by President Prabowo Subianto in his state address, Financial Note, and the 2026 Draft State Budget Bill. This event is part of the State Budget preparation process, which culminates in a presentation before the House of Representatives. This speech will outline the government's policy direction and development priorities for the 2026 fiscal year, serving as an important guide for the entire community, business actors, and stakeholders to understand how state funds will be allocated for the benefit of the people.
Indonesia's External Debt Statistics (SULNI) June 2025: On August 11, 2025, Bank Indonesia will release the report on Indonesia's External Debt Statistics (SULNI) for the period of June 2025. This agenda is presented in the form of a report publication on the official Bank Indonesia website. This report provides complete details regarding the amount, structure, and composition of Indonesia's external debt, both government and private debt. The data presented is very important for investors, analysts, and policymakers as a key indicator to evaluate the country's financial health and potential risks in the global market.
"Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do." Steve Jobs - Apple Founder.
Have a good day Chief.
Team SUAR
