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.
Capital Injections from Big Investors Push JCI to Record Highs in History
- The Jakarta Composite Index (JCI) recorded an all-time record high at the close of trading on Thursday (14/8/2025), reaching 7,931 - up 0.49% from the opening. This broke the previous record of 7,910 on September 19, 2024.
- The increase in the JCI indicates that the investment climate in the country is quite attractive to domestic and foreign investors. The release of economic growth data some time ago at 5.1% also increased market and investor optimism.
Read more here.
Innovation in the Development of Used Cooking Oil into Environmentally Friendly Products
- PT Pertamina (Persero) officially produces bioavtur or Pertamina Sustainable Aviation Fuel (SAF) made from a mixture of used cooking oil (UCO) or used cooking oil. This innovation by Pertamina aims to accelerate the clean energy transition and reduce emissions.
- 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%. The SAF production capacity at the Cilacap Refinery reaches around 1,200 kiloliters per day with a mixture of 3% used cooking oil. "So the need for used cooking oil while around 40 kiloliters per day can produce Pertamina SAF approximately 1,200 kiloliters," he said.
Read more here.
The Dilemma of Coping with Higher Rice Prices
- Rice prices in Indonesia have continued to rise, reaching historic highs. Based on data from the National Food Agency (Bapanas), the price of premium rice has now reached IDR 15,622 per kilogram, while medium rice has reached IDR 13,860 per kilogram.
- Enforcement of the rice trade law from oplosan to hoarding is feared to cause confusion between stockpiled rice and current stock.
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A Short-Term Financial Solution, Paylater is Growing Fast
- Paylater services continue to grow rapidly. In the midst of weakening 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 carefully monitor the potential risk of bad credit that may occur.
- Institute for Development of Economics & Finance (INDEF) Senior Economist Aviliani said paylater is an easy financial solution. This payment method allows users to purchase goods or services without having to pay directly. Users only need to pay a certain amount of down payment, and the rest of the bill will be paid gradually within a certain period of time.
Read more here.
Utilization of Natural Gas Production for Industry vs. Export
- National natural gas production over the past five years has tended to stabilize. In the first semester of 2024, natural gas production was recorded at 6,635.5 MMSCFD, not much different from the previous year. Of this production, 69.17% was utilized to meet domestic needs and the rest was exported.
- Natural gas utilization for industrial needs takes up about 27 percent. Its utilization tends to increase and has reached the highest share in 2023 (30.83%). This increase is inseparable from efforts to support the structural transformation process that has begun to shift from focusing on activities in the agricultural sector to the processing industry sector.
Read more here.
Financial Memorandum and State Budget Bill 2026: An important agenda in the state budgeting cycle will be held on August 15, 2025, when President Prabowo Subianto will deliver his State of the Nation Address, Financial Memorandum, and State Budget Bill 2026. This event is part of the state budget drafting process that culminates in a presentation to the House of Representatives. The speech will outline the government's policy direction and development priorities for the 2026 fiscal year, serving as an important guide for all citizens, businesses and stakeholders to understand how the state's money 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 Indonesian External Debt Statistics (SULNI) report for the period of June 2025. This agenda is presented in the form of a report publication on Bank Indonesia's official website. The report provides complete details on the amount, structure, and composition of Indonesia's external debt, both government and private debt. The data presented is crucial 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 will fulfill most of your life, and the only way to be truly satisfied is to do what you think is great work. And the only way to do great work is to love your work." Steve Jobs-founder of Apple.
Have a good day Chief.
Team SUAR
