Indonesia’s Food Assistance Coverage Fell to a Five-Year Low in 2026

Indonesia’s Food Assistance Coverage Fell to a Five-Year Low in 2026

The percentage of Indonesian households receiving food assistance fell to 15.08% in 2026, the lowest in five years, down from 18.07% in 2025 and 20.33% in 2022. As of Aug-26, social assistance spending rose 3.4% YoY to IDR 104.1 tn, while goods spending increased 67.5% YoY to IDR 389 tn, driven partly by IDR 131.3 tn in Free Nutritious Meals (MBG) spending. Personnel spending rose 21.7% YoY to IDR 259 tn, while capital expenditure increased 14.3% YoY to IDR 159.8 tn. (Bloomberg Technoz)

Indonesia Planned IDR 100 tn Textile SOE to Acquire Sri Rejeki Isman (SRIL) and Other Textile Companies

The govt. plans to establish a new textile SOE to consolidate domestic textile manufacturers, including the acquisition of SRIL and several other companies. The Ministry of Industry has discussed the initiative with Danantara, which is expected to support funding for the new entity. The consolidation aims to strengthen the competitiveness of Indonesia’s textile industry through operational synergies and integrated textile industrial zones. The initiative was previously estimated to require USD 6 bn (IDR 100 tn) in investment, although funding sources have yet to be finalized. (Kompas)

Darma Henwa (DEWA) Subsidiary’s Gold-Copper Exploration in Aceh Remained Suspended in 3Q26

DEWA’s subsidiary, PT Gayo Mineral Resources (GMR), recorded zero drilling activity in 3Q26, as operations remained suspended since 8 Mar-26 due to pending mining permits and disruptions from floods and landslides. Cumulative project drilling remained at 31,485.75 meters, while exploration expenses reached IDR 14.51 bn in 3Q26. Despite the suspension, GMR continued technical studies and appointed SRK Consulting to conduct an independent JORC resource audit, with an updated resource estimate underway. The co. is seeking to extend its Exploration Mining License (IUP) and upgrade it to a Production Operation IUP before resuming Phase 2B drilling at the Upper Tengkereng prospect. (CNBC Indonesia)

Alamtri Minerals Indonesia (ADMR) Subsidiary Issued IDR 2 tn Bonds to Fund Infrastructure and Operations

PT Maruwai Coal, a 99.99%-indirectly owned subsidiary of ADMR, issued IDR 2 tn in bonds to support infrastructure development and operational expansion. Series A amounted to IDR 1.21 tn with an 8.0% annual coupon and a 370-day tenor, while Series B totaled IDR 780.23 bn with an 8.75% annual coupon and a three-year tenor. The issuance will increase consolidated liabilities but was not expected to materially adversely affect ADMR’s operations, financial condition, or business continuity. (Bisnis.com)