Regional Governments Urged Faster Transfer-to-Region Disbursements

Regional Governments Urged Faster Transfer-to-Region Disbursements 
The Association of Indonesian Regency Governments (APKASI) urged the government to accelerate the disbursement of Transfer to Regions (TKD) and outstanding Revenue Sharing Funds (DBH), citing mounting fiscal pressure on regional governments. Bandung Regency reported its TKD allocation declined to approximately IDR 2.6 tn from IDR 3.6 tn, resulting in budget constraints to fund PPPK salaries and employee performance allowances. Regional leaders also called for faster DBH disbursements and highlighted that the implementation of the Regional Financial Relations Law (UU HKPD) has limited local governments' flexibility to increase regional revenue. (Bloomberg Technoz)

Government's Education Endowment Fund Reached IDR 195 tn
The Ministry of Finance reported that the Education Endowment Fund (LPDP) has reached IDR 195 tn, supporting more than 61,000 scholarship recipients, over 4,700 research projects, and 23 public universities. Since 2009, the govt. has allocated IDR 7,667.3 tn to the education sector, including endowment funding, while continuing to provide a Super Tax Deduction of up to 300% for eligible R&D activities conducted by companies in Indonesia. The govt. also reaffirmed its commitment to developing the Jakarta Education and Innovation Center through collaboration between the central govt. and the Jakarta provincial administration. (Bloomberg
Technoz)

Rukun Raharja (RATU) Planned up to 10% Private Placement
RATU planned to issue up to 271.5 mn new shares, representing a maximum of 10% of its paid-up capital, through a private placement (PMTHMETD). The proceeds will be used for working capital and business expansion, including capital expenditure, acquisitions, equity investments, asset purchases, and shareholder loans. The issuance price will be set at no less than 90% of the average closing price over the 25 consecutive trading days prior to the listing application. If fully executed, the transaction would result in a maximum 9.09% dilution for existing shareholders. The proposal will be submitted for shareholder approval at the EGM on 8 Sep-26, with the private placement to be completed within two years after approval. (Company)

Multipolar Technology (MLPT) Reported 31.7% YoY Net Profit Growth in 1H26
MLPT reported 1H26 net profit of IDR 137.7 bn, up 31.7% YoY from IDR 104.5 bn, supported by higher sales and improved operating profitability. Revenue increased 5.4% YoY to IDR 1.77 tn (vs IDR 1.68 tn), while gross profit rose 7.1% YoY to IDR 281.2 bn (vs IDR 262.5 bn). Operating profit increased 23.7% YoY to IDR 176.2 bn (vs IDR 142.5 bn), while pre-tax profit rose 24.6% YoY to IDR 174.1 bn (vs IDR 139.8 bn). (Emitennews)