Redenomination Discourse, Inspirational Stories of Migrant Workers, Consumer Expectations, and National Strategic Projects

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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.

Entrepreneurs and Experts Remind Rupiah Redenomination Not to Create Inflation

A number of businessmen and experts have warned the government against plans to redenominate the rupiah to trigger inflation, marking a new round of redenomination issues that have resurfaced in recent days. Indonesia's Ministry of Finance said on Saturday (8/11) that it is planning a new bill to redenominate the rupiah in an effort to improve economic efficiency, maintain stability, and enhance currency credibility. The agenda is enshrined as the Rupiah Redenomination Bill in Minister of Finance Regulation (PMK) Number 70 of 2025 on the Ministry of Finance's Strategic Plan 2025-2029, which was stipulated by Finance Minister Purbaya Yudhi Sadewa on October 10, 2025.
Various responses came from entrepreneurs. The business world emphasized that the government should be careful in implementing the policy, due to the potential for entrepreneurs to increase retail and wholesale product prices by rounding up.

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BI survey shows consumer confidence continues to strengthen

The Bank Indonesia (BI) Consumer Survey in October 2025 showed increasing public confidence in national economic conditions. The Consumer Confidence Index (CCI) was recorded at 121.2, up from 115.0 in the previous month. The figure is above the 100 level which indicates consumer optimism about the current and future economic situation. This increase in confidence was driven by an increase in two main components, namely the Current Economic Conditions Index (CCI) and the Consumer Expectations Index (IEK). The CCI was recorded at 109.1, up from 102.7 in September 2025. Meanwhile, IEK rose to 133.4 from 127.2, indicating that people's expectations of income, employment, and business activities in the next six months are increasingly positive.

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Nurchaeti's money management skills led her to success abroad

Financial literacy in migrant workers is essential to improve the financial well-being of themselves and their families. The saying that little by little becomes a hill turns out to be true in the story of 46-year-old Nurchaeti. This former Indonesian Migrant Worker (PMI) managed to establish a kilo laundry company and become a food distributor thanks to the financial literacy she applied while working abroad.

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DKI Jakarta Provincial Government Proposes Two Projects to Become National Strategic Projects

The DKI Jakarta Provincial Government proposed two projects to be included in the list of National Strategic Projects (PSN), namely the Development of the Jakarta Old City Tourism Area and the Sumber Waras Hospital Development. The aim is to equalize development and encourage sustainable national and regional economic growth.

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Selected Videos of Government and Business Actors Synergy to Encourage Agribusiness Modernization

Expanding Indonesia's Carbon Market to the Global Level

The Indonesian carbon market organized by the Indonesia Carbon Exchange (IDXCarbon) is an instrument to achieve the 2030 net zero emission (NZE) target. Until the end of October 2025, the total trading volume reached 698,639 tons of CO2e with a cumulative transaction value of IDR 27.86 billion.

The domestic carbon market, which opened in September 2023, accounts for a sizable share. However, carbon units with international trading authority (IDTBSA and IDTBSA-RE), which opened in January this year, are still relatively small. The total sales value of these international units is still lower than that of domestic transactions.

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The 5th WCO RTC Indonesia International Conference 2025 is an international forum organized by the World Customs Organization (WCO) RTC Indonesia. The event will take place over two days on November 11-12, 2025, starting at 08.30 WIB (UTC+7), online via the Zoom platform. The theme of the conference is "Transforming Customs: Transparency, Innovation, and Digitalization for Global Trade". More than just a conference, this event serves as a platform to exchange global insights on customs practices and innovations, and highlights the importance of transformation, transparency, and digitalization for global trade. The event will feature prominent speakers from the WCO, academia, customs administration, as well as presentations of selected research papers. More information can be accessed through the Customs and Excise Training Center.

The September 2025 Retail Sales Survey will be released by Bank Indonesia (BI) on Tuesday, November 11, 2025. The report will present data and analysis on the development of retail sales activities across various commodity groups in Indonesia. This report is an important indicator for businesses, economists, and the government to monitor domestic demand and consumption trends. Information related to the report results can be accessed directly through the Bank Indonesia website.