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.

Measuring the Readiness of 80 GW PLTS Development in 80,000 Red and White Village Cooperatives
- The government plans to build 80 gigawatts (GW) of solar power plants (PLTS) in more than 80,000 red and white village cooperatives. It is planned that 80,000 villages will get one PLTS with a capacity of 1 megawatt and a battery of 4 megawatt hours. In total, more than 80 GW of distributed solar plants will be built, plus 20 gigawatts from centralized plants.
- Fabby Tumiwa, Executive Director of the Institute for Essential Services Reform (IESR), said that under this scheme, each village will become its own power plant operator, under the village cooperative. This means that more than 35,000 new technical personnel are needed every year to ensure that these solar power plants are built and maintained properly.

- Mada Ayu Habsari from the Indonesian Solar Energy Association (AESI) welcomed all efforts to accelerate energy generation. According to her, PLTS is very suitable for 3T (Disadvantaged, Frontier, Outermost) villages. However, he warned of the "consumptive" potential of residents after being electrified. "Will electricity encourage productivity, or is it over-consumption?" he asked.
Read more here.

Payment ID, Indonesia's "Financial ID Card" Ready to Launch on Independence Day
- In simple terms, Payment ID can be referred to as a "financial ID card." It will be a single identity code that applies across banks, digital wallets, and other payment platforms. With this system, customers no longer need to repeat the verification process each time they open a new account.
- Head of the Payment System Policy Department of Bank Indonesia (BI) Dicky Kartikoyono said that this step is part of the Indonesian Payment System Blueprint (BSPI) 2030. "Payment ID is a unique code integrated with NIK, designed to detect the account owner's financial history in detail," he was quoted as saying by Antara.

Read more here.
Assessing South Africa's Potential as a New Market for Indonesian Furniture
- Despite being hit by a 19% export tariff to the United States (US), furniture industry players do not need to drag on too long in worry. This is because a new export market destination option is now open, namely to South Africa.
- Chairman of the Indonesian Furniture and Handicraft Industry Association (HIMKI) and Chief Executive Officer (CEO) of Global Kriya Nusantara Abdul Sobur also sees great potential in non-traditional markets, especially South Africa.
- According to him, South Africa has the potential to be a gateway to the Sub-Saharan African market. The country has a growing middle class and a need for quality furniture for various projects, such as property, hotels, and villas. He also explained that the number of exports to South Africa is still minimal, only around 0.1% of Indonesia's total furniture exports. However, he remains optimistic that export volumes can be increased with more integrated logistics and promotional support.

Read more here.
No Worries About Rice Supply, Prices Are Also Under Control
- Perum Bulog launched the Cheap Food Movement (GPM) for SPHP Rice (Stabilization of Food Supply and Prices). Bulog will be assisted by the Indonesian National Police (Polri) in the form of supervision.
- The SPHP program is a government assignment to Bulog through the National Food Agency (Bapanas) with the aim of maintaining stable rice supply and prices at the consumer level. The program runs from July to December 2025 with a distribution target of 1.3 million tons of rice throughout Indonesia. The purchase of SPHP rice by consumers is limited to 10 kilograms with the aim of making it more equitable for many people.

Read more here.

Increased Exports Boost Regional Economy
- With their potential, Riau Islands and North Maluku are examples of regions that can significantly improve their foreign trade balance and contribute up to 7% to their regional Gross Regional Domestic Product (GRDP).
- Analysis of regional trade balance data and its contribution to GRDP during the 2020-2024 period shows diverse dynamics, especially in provinces that are Indonesia's main exporters. Provinces such as North Maluku, Central Sulawesi, South Kalimantan, East Kalimantan and Riau Islands showed a significant increase in the trade balance. In fact, North Maluku recorded a surge in export value.

Read more here.

June 2025 Retail Sales Survey Report: Bank Indonesia (BI) will release the Retail Sales Survey Report for June 2025 on Monday (11/8/2025). This report is one of the important indicators to monitor the condition of public consumption and purchasing power, which are the main pillars of economic growth. The report will provide a more detailed picture of sales trends in various groups of goods, such as motor vehicle fuel, clothing, and spare parts, as well as future price and inflation expectations. Information related to the report results can be accessed directly through BI's official website.
Mergers & Acquisition Masterclass: An event organized by Finance & Strategy Group, a consulting firm focusing on financial strategy and business development. The event will be held on August 11, 2025 at Novotel Jakarta Mangga Dua Square, 09.00-17.00 WIB. This event is essential for executives, investors and entrepreneurs looking to expand their business through a merger or acquisition strategy.

"Empty words without thought are like aimless shots." Sun Tzu (Chinese Strategist)
Have a good day Chief.
Team SUAR