Indonesia's Govt Prepares 2Q25 Stimulus to Boost Consumption

Indonesia's Govt Prepares 2Q25 Stimulus to Boost Consumption
The Govt.will launch a 2Q25 stimulus package on 05 Jun-25 to support 5% GDP growth, focusing on boosting consumption during school holidays. The six programs include transport and toll discounts, 50% electricity bill cuts for 79.3 mn households, food aid for 18.3 mn KPM, wage subsidies for low-income workers, andpremium discounts for labor-intensive sectors. (Kemensetneg)

INDUSTRY 
Indonesia and China Signed 12 Bilateral Deals Covering Economy, Health, and Industry 
Indonesia and China signed 12 bilateral cooperation agreements on 25 May-25. Key MoUs include: (1) BI and PBOC agreeing on a local currency settlement framework; (2) national economic policy cooperation; (3) industrial and supply chain cooperations; and (4) a 'Two Countries, Twin Parks' initiative involving the Fujian provincial government. Additional deals span tourism, agriculture, traditional medicine, tuberculosis control, investment (via Danantara and China Investment Corporation) and business cooperation (via KADIN). (Bloomberg Technoz) 

COMPANY 
Bumi Serpong Damai (BSDE) Posted IDR 320.6 bn Net Profit in 1Q25 
BSDE booked a net profit of IDR 320.6 bn in 1Q25 (-77.7% YoY), dragged down by a sharp drop in land and building sales. Revenue declined to IDR 2.7 tn (-28.4% YoY), as land and building sales fell to IDR 2.073 tn (-35.2% YoY) and rental income slipped to IDR 232.7 bn (-0.85% YoY). High-rise building sales rose to IDR 225.3 bn (+43.3% YoY) and building management services increased to IDR 94.3 bn (+2.3% YoY). (Emitennews)