Bank Indonesia (BI) Adjusted Macroprudential Liquidity Incentives and Lowered Reserve Requirements

Bank Indonesia (BI) Adjusted Macroprudential Liquidity Incentives and Lowered Reserve Requirements 
BI will reduce macroprudential liquidity incentive rates by 1 percentage point starting Dec-26 amid slower deposit growth compared with credit growth, with deposits growing 8.22% versus credit growth of 13.26%. BI will also lower the minimum reserve requirement (GWM) from 9% to 7% in two stages, to 8% starting 1 Nov-26 and 7% starting 1 Dec-26. BI estimates that a 1 percentage point reduction in GWM could inject approximately IDR 90 tn of additional liquidity into the banking system. (Bloomberg Technoz) 

Indonesia’s M2 Money Supply Grew 8.3% YoY to Record IDR 10,587.9 tn in Sep-26 
Indonesia’s broad money supply (M2) grew 8.3% YoY to a record IDR 10,587.9 tn in Sep-26, accelerating from 8.2% in Aug-26. Growth was driven by M1, which increased 9% YoY, while quasi-money growth accelerated to 7.3%. Net claims on the central government rebounded 24.4% after declining 7% in Aug-26, while net foreign Meanwhile, credit growth eased to 12.7% from 13.3% in the previous month. (Trading Economics)

Singapore Energy Market Authority (EMA) Stated Indonesian Gas Export Cuts Account for Less Than 2% of Daily Demand 
Singapore's EMA stated that Indonesia's 31 BBTUD reduction in daily gas exports accounts for less than 2% of Singapore's total gas demand of over 1,000 BBTUD. EMA said contingency plans are in place, with the shortfall expected to be covered by alternative gas sources, including additional LNG imports. Indonesia implemented the export reduction on 24 Oct-26, cutting supplies by 15 BBTUD from Natuna and 16 BBTUD from Sumatra to prioritize domestic gas needs. (CNBC Indonesia)

Indofood CBP (ICBP) and Indofood Sukses Makmur (INDF) Planned IDR 1.5 tn Share Buyback 
ICBP and INDF planned share buybacks of up to IDR 750 bn each, totaling IDR 1.5 tn, funded by internal cash. The buybacks are scheduled to run from 26 Oct-26 to 31 Dec-26, with shares repurchased limited to 20% of each co.'s paid-up capital. Following the buybacks, pro forma earnings per share are expected to increase from IDR 317 to IDR 321 for ICBP and from IDR 538 to IDR 545 for INDF. (Emitennews)