Overview
Indonesia’s macro landscape remains broadly resilient, supported by a strengthening external balance and steady consumption indicators heading into year-end. The 3Q25 current account surplus marks a key turning point in external stability, helping reinforce rupiah confidence amid global volatility. Policy direction is increasingly anchored on structural reforms—ranging from SOE consolidation, digital governance, and downstreaming—to support long-term competitiveness. Fiscal authorities continue prioritizing growth, with carbon tax implementation deferred and major allocations directed toward infrastructure, health financing, and national nutrition programs. Meanwhile, Danantara’s growing presence—from Hajj Village bids to strategic sector financing—signals deeper sovereign-led investment intervention. Sectoral dynamics remain mixed: aviation and tourism show demand recovery, energy and mining sectors face investment and profitability constraints, while FMCG and services benefit from stabilizing purchasing power. Environmental and operational risks persist, highlighted by coal-sector emission pressures and ongoing natural disaster disruptions. Overall, Indonesia’s outlook remains constructive but hinges on regulatory execution, external demand stability, and policy consistency.
Samuel Sekuritas Indonesia is a leading Indonesian securities brokerage firm. Established in 1997, the firm has grown to become one of the most respected and trusted financial services companies in the country. With a wide range of services and products, Samuel Sekuritas Indonesia has become a trusted partner to many investors, both institutional and individual.
The company offers a variety of financial services, including equity, debt and derivative securities brokerage services, research and portfolio management, asset management and capital market services, as well as a range of other investment solutions. Samuel Sekuritas Indonesia is also a leader in providing financial education and training, and has established itself as a leading provider of investor relations services.
The company has a strong research capability and is committed to providing its clients with up-to-date and reliable market analysis and recommendations. It also has a team of experienced and knowledgeable professionals who are dedicated to providing quality service to its clients. As a result, Samuel Sekuritas Indonesia has become a preferred partner for many investors in Indonesia.
In addition to its financial services, Samuel Sekuritas Indonesia also offers a range of other services, such as corporate finance and advisory services, mergers and acquisitions, and venture capital.