Indonesia’s sukuk attract global interest, central bank governor says
Destry Damayanti said Indonesia’s cumulative Green Sukuk issuance had reached US$7.7 billion overseas and Rp108.9 trillion domestically.
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Destry Damayanti said Indonesia’s cumulative Green Sukuk issuance had reached US$7.7 billion overseas and Rp108.9 trillion domestically.
Trade Expo Indonesia is targeting US$17.5 billion in transactions, with 16,885 buyers registered, including 8,092 from overseas.
The STI closed at 5,423.33 on October 14, with Jardine Matheson leading gains and Keppel DC Reit recording the largest decline.
The RM4.7 billion first phase has yet to receive its final notification or power purchase agreement, with external borrowing planned to cover 80 per cent of costs.
The Indonesian jeweller plans to use the proceeds for working capital, mainly gold purchases, subject to independent shareholder approval.
Consultancies reported weaker demand as mortgage rates remained high and new supply was dominated by high-end and luxury homes.
The closing exchange rate was three centavos short of the peso's record low, set on October 8, 2026.
The non-oil GDP forecast accompanies a proposed budget focused on diversification, with elections identified as a risk to the outlook.
The Securities Commission Malaysia also plans a co-investment fund with the Economy Ministry to support sectors covered by the 13th Malaysia Plan.
Budget 2027 includes RM1.2 billion in semiconductor investment and a separate RM100 million fund for early-stage semiconductor and advanced manufacturing companies.