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Edition of Monday, 26 October 2026English edition
The Geopolitician

Country risk, from the local press

Indonesia · Country watch

Illegal Gold Seized, Gas Export Cut, Stock Oversight

Indonesia seizes illegal gold worth Rp1.02 trillion and cuts gas exports to Singapore, while stock market oversight tightens.

The picture Mixed How this is judged →

Business conditions in Indonesia are mixed. The seizure of illegal gold and tighter stock market oversight improve regulatory compliance, while reduced gas exports to Singapore strain trade relations.

Flare-up watch: Calm (0.3) · How this is judged → · All Indonesia briefings →

In this briefing Indonesia Stock Exchange · Indonesian Customs · Gold · Bahlil Lahadalia · Lawrence Wong · Indonesia · Singapore

Regulation

  • Finance

BEI changes stock oversight, suspends violators' accounts

The Indonesia Stock Exchange (BEI) has announced a change in its stock trading oversight strategy, shifting from suspending stock trading to suspending the accounts of violators, according to okezone.com. This new approach aims to enhance market integrity by targeting specific accounts that breach regulations, rather than halting the trading of entire stocks. The change is expected to improve compliance and transparency within the stock market.

Impact Stock market participants face stricter compliance as BEI tightens oversight.

Sources: okezone.com ↗

Trade

  • Mining
  • Finance

Indonesia seizes 402 kg of illegal gold worth Rp1.02T

Indonesian customs authorities have seized 402.31 kilograms of illegal gold valued at Rp1.02 trillion across 127 cases as of October 26, 2026, according to Liputan 6. The crackdown highlights ongoing efforts to combat illegal gold trade, which poses significant risks to the country's economy and financial system. The seizures are part of a broader initiative to regulate and monitor the mining sector more effectively, ensuring compliance with legal standards.

Impact Gold importers and financial institutions face tighter scrutiny as illegal gold trade is curbed.

Sources: Liputan 6 ↗

  • Energy
  • Logistics

Indonesia cuts gas exports to Singapore by 31 BBTUD

The Atrium @ Orchard.
The Atrium @ Orchard. — Terence Ong, CC BY 2.5 via Wikimedia Commons

Indonesia has reduced its natural gas exports to Singapore by 31 billion British thermal units per day (BBTUD), according to okezone.com. The decision has prompted a response from Singapore's Prime Minister Lawrence Wong, who questioned Indonesia's commitment to existing contracts. Minister of Energy and Mineral Resources Bahlil Lahadalia addressed the concerns, emphasizing Indonesia's prioritization of domestic energy needs.

Impact Energy importers in Singapore face reduced supply as Indonesia cuts gas exports.

Sources: okezone.com ↗

Nothing significant reported today in Disruption · Internal tension · Safety & health · Companies · Markets · Politics.

Also today in the local press

Sources in this briefing

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

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