Indonesia Plans to Export Rice to Malaysia
After domestic stocks are deemed safe, Indonesia is preparing to export rice to Malaysia. President Prabowo has ordered the advancement of this plan. The plan for Indonesia to export rice to Malaysia is increasingly firm. The Deputy Minister of Agriculture stated that President Prabowo has instructed that the plan be implemented in accordance with the existing mechanism. He has directly met with a Malaysian businessman who expressed a need to import rice from Indonesia. He emphasized that the government is ready to carry out the export task as instructed by the president. It is reported that Malaysia needs to import 2,000 tons of rice per month from Indonesia. However, the final decision still awaits further action from the Malaysian side.
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Chinese Short Video App Empowers Indonesia's Rural Revitalization
SnackVideo, the short video platform under Kuaishou, recently held a rural community activity in Tangerang City, Banten Province, including the inauguration of a football field and sports hall, as well as a football club exhibition match, youth football competition, lucky draw, and brand interactive experience zone. The company also set up promotion areas for "free medical check-ups" and "digital & AI training" projects. A 6-year-old boy received football equipment and academic support. The event received support from various Indonesian government departments. The local mayor praised it as a benchmark for rural revitalization, creating an "education + health + economy" plan; the Head of the Health Ministry thanked the company for providing sports facilities and promoting the "free medical check-up program"; Kuaishou and SnackVideo representatives stated they will continue to support Indonesia's rural revitalization and called for more social participation. Given the aging condition of local football fields and sports halls, the company proactively renovated the venues, repaired infrastructure, and donated equipment. This activity was the first of a series of public welfare initiatives in 2025. Compared to 2024, the 2025 projects have been comprehensively upgraded with expanded donation scope and added digital and AI skills training. Against the backdrop of prioritizing "rural revitalization" as a key strategy, Kuaishou shared its rural revitalization solutions at a "Digital Leadership Training Class," sparking discussions on empowering Indonesian villages and localized operations, with Indonesian parties calling for introducing relevant experiences. The company, in collaboration with the Ministry of Creative Economy, conducted digital and AI training in schools, covering social media content creation and AI tool usage to boost students' creative enthusiasm, receiving widespread praise, and relevant departments hope it can cover more schools.
Temporary Closure of Multiple Roads in Jakarta on May 18
The Jakarta Transportation Agency will implement traffic engineering on roads in the Senayan area and surrounding areas on May 18, 2025, due to the annual event "Digiland Run 2025" being held at the GBK Stadium in Central Jakarta that day. The event is organized by Telkom Indonesia, running from 04:30 to 09:00, combining immersive technology experience, support for MSMEs, and sustainable development initiatives, including an MSME bazaar, running race, music festival, and other rich agendas. The running race features 5km,
Indonesia Actively Develops Floating Solar Power Projects
The Ministry of Energy and Mineral Resources stated that the government is vigorously developing solar-based renewable energy, planning to expand from large-scale rooftop solar projects to floating solar projects. The Director General of New Energy, Renewable Energy and Energy Conservation of the Ministry of Energy and Mineral Resources said that a strategic plan has been formulated and foreign investors are invited to participate in the development of floating solar projects. Indonesia's numerous dams provide potential sites for floating solar projects, with a target of adding 14GW of floating solar power generation capacity to boost the domestic solar industry. The floating solar project already in operation in Indonesia is the Cirata Floating Solar
Jakarta Office Vacancy Rate Remains High
Since the COVID-19 pandemic, Jakarta's office vacancy rate has remained high, and the phenomenon of 'ghost office buildings' has persisted, yet to return to normal. Property observers point out that the office and retail sectors remain under pressure; as companies have become accustomed to working from home, the efficiency of office space and retail will continue. In the first three months of 2025, office demand slightly increased compared to the same period in 2024, but due to economic instability, growth was limited, and office absorption is expected to remain suppressed. Some areas, especially the Central Business District, saw a slight increase in occupancy rates compared to the previous quarter. Currently, office landlords remain cautious in setting rental policies
Prabowo Plans to Abolish Labor Outsourcing System
President Prabowo will order the newly formed National Labor Welfare Committee to study methods to eliminate the labor outsourcing system. The committee is planned to be composed of domestic union leaders. In his Labor Day speech in Central Jakarta, he clearly stated that he hopes to abolish the outsourcing system as soon as possible. He reminded workers to be realistic and emphasized that Indonesia must take into account investor interests. He pointed out that if investors do not invest, factories cannot operate and workers will lose their jobs. At the same time, he supported the proposal of union leaders for workers and employers to meet at the Bogor Palace, and said he would arrange meetings between 150 union leaders and 150 business leaders.
Mainland China and Hong Kong Become Indonesia's Second and Third Largest Investment Sources
In the first quarter of 2025, Indonesia's realized investment reached IDR 465.2 trillion, accounting for 24.4% of the annual target, an increase of 15.9% compared to the same period in 2024, creating 594,104 jobs. Singapore was Indonesia's largest source of investment, with an investment value of US$4.6 billion, followed by Hong Kong, Mainland China, Malaysia, and Japan. Investments in basic metals, transportation, warehousing, and telecommunications accounted for a large proportion. Foreign investment accounted for 49.5% of total investment, while domestic investment accounted for 50.5%. Investment outside Java (IDR 235.9 trillion) was higher than within Java (IDR 229.3 trillion).
European Investment in Indonesia's Floating Solar Power Plant
The Indonesian government has officially signed a final financing agreement with international partners of the "Just Energy Transition Partnership" for the Saguling Floating Solar Power Plant project. Key signatories include project developer PT Indo ACWA Tenaga Saguling, PLN Indonesia Power, German Investment and Development Corporation (DEG), France's Proparco, UK's Standard Chartered Bank, and Indonesia's Coordinating Minister for Economic Affairs. Through this signing, Indonesia secured $60 million (approximately IDR 1 trillion) in investment.