Overview
Indonesia entered February 2026 with a mixed macro picture marked by resilient domestic activity, rising inflation pressures, and heightened geopolitical uncertainty. Manufacturing momentum remains solid, supported by seasonal demand and improving orders, even as supply bottlenecks re-emerge. External balances are still healthy, with a large 2025 trade surplus providing a buffer against global volatility and currency weakness. At the same time, inflation has edged above Bank Indonesia’s target ceiling, driven more by administered prices and FX effects than by overheating demand. Capital market participation continues to deepen structurally, despite recent market turbulence and concerns over governance and transparency. Fiscal and tax administration reforms are showing progress, reflected in rising tax compliance and digital system adoption. However, illegal economic activities, particularly in mining, highlight significant leakages and governance challenges. Politically, President Prabowo is positioning Indonesia firmly within a non-aligned and assertive foreign policy stance amid global conflict risks. Overall, the backdrop suggests resilience with rising policy trade-offs between stability, growth, and enforcement.
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.