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Thursday, October 22, 2026English edition
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The Geopolitician

Country risk, from the local press

Indonesia · Country watch

Forest Fire Accountability, Banking Credit Surge

Indonesia targets foreign firms for forest fires and sees a decade-high credit growth, impacting business operations and finance sectors.

· · 4 sources

The picture Mixed How this is judged →

Business conditions in Indonesia are mixed today. President Prabowo's stance on foreign companies and forest fires adds regulatory pressure, while a surge in credit growth signals economic recovery, benefiting the finance sector.

Flare-up watch: Watch what this means → — All Indonesia briefings →

In this briefing Prabowo Subianto · Forest fires in Indonesia · Friderica Widyasari Dewi · Otoritas Jasa Keuangan · Badan Nasional Penanggulangan Bencana

Regulation

  • Agriculture
  • Public sector

Prabowo targets foreign firms over forest fires

President Prabowo Subianto has warned that foreign companies repeatedly violating forest fire regulations in Indonesia may lose their concession licenses. This statement, reported by Liputan 6, underscores the government's commitment to holding companies accountable for environmental damage. The move comes amid increasing scrutiny on corporate responsibility in forest fire prevention and management, which has been a significant issue affecting air quality and public health in the region.

Impact Foreign companies with operations in Indonesia face potential license revocations, affecting their business continuity and compliance costs.

Sources: Liputan 6 ↗

Disruption

Nothing significant reported today.

Internal tension

Nothing significant reported today.

Safety & health

Nothing significant reported today.

Companies

Nothing significant reported today.

Markets

  • Finance

OJK reports highest credit growth in a decade

OJK Donang Wahyu|KATADATA
OJK Donang Wahyu|KATADATA Baaqii, CC BY-SA 4.0 via Wikimedia Commons

Indonesia's Financial Services Authority (OJK) has reported a 13.69% growth in banking credit, the highest in ten years, according to ANTARA News. Friderica Widyasari Dewi, Chair of the OJK Board of Commissioners, highlighted this growth as a positive indicator of economic recovery and increased lending activity. The rise in credit is expected to support various sectors, reflecting improved business confidence and financial stability.

Impact Banks and borrowers benefit from increased credit availability, supporting expansion and investment across sectors.

Sources: ANTARA News ↗

Trade

Nothing significant reported today.

Politics

  • Public sector
  • Defence

BNPB open to foreign aid for forest fire equipment

The National Disaster Management Agency (BNPB) has stated that while Indonesia is capable of managing forest fires, it remains open to receiving foreign assistance if specific equipment or resources are unavailable domestically, Liputan 6 reports. This openness to international aid reflects a pragmatic approach to disaster management, ensuring that all necessary resources are available to combat the ongoing forest fires effectively.

Impact International suppliers of firefighting equipment may find opportunities to provide resources to Indonesia.

Sources: Liputan 6 ↗

Also today in Indonesia

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

All Indonesia briefings →

The same day elsewhere