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President Trump Extended A 10-Day Pause On Attacks Targeting Iran’s Energy Facilities Until April 6, 2026

President Trump extended a 10-day pause on attacks targeting Iran’s energy facilities until April 6, 2026, signaling ongoing negotiations and offering temporary relief to global markets amid the ongoing conflict. The move helped ease pressure on US Treasuries and emerging market currencies, while the dollar trimmed gains. However, uncertainty remains high, with oil prices staying elevated near USD108/bbl as markets remain unconvinced about a near-term resolution. The extension also allows more time for diplomatic talks while geopolitical risks continue to weigh on global sentiment. (CNBC, Bloomberg)

 

CORPORATE

Commodity Price Daily Update Mar 26, 2026

 

 

 

Government Adds 13 Downstream Projects Worth Rp239tr

The government plans to add 13 downstream (hilirisasi) projects with total investment of Rp239tr, currently in finalization. The initiative complements the initial 20 projects and supports energy self-sufficiency, including optimization of ethanol and biodiesel from CPO, alongside renewable energy development. The government will also monitor coal and nickel prices, with potential measured production adjustments to maintain market balance. (Kontan)

 

Government Targets 101 People’s Schools by June 2026 with Capacity 1,080 Students Each

Government targets completion of 101 “Sekolah Rakyat” in phase two by June 2026, in time for the 2026/2027 academic year. The schools—aimed at students from extreme low-income families—will provide free dormitories, healthcare, and digital learning facilities. The project spans nationwide and is expected to employ ~58,000 construction workers and create 5,200 teaching jobs, with each school accommodating around 1,080 students annually. (Kontan)

 

CORPORATE

INCO Secures US$500mn Sustainability-Linked Loan

INCO has secured a US$500mn sustainability-linked revolving credit facility, with a greenshoe option of up to US$250mn, signed on March 25, 2026. The 24-month loan (extendable by 12 months) will fund capex and working capital, supporting the completion of mining and nickel processing projects. (Emiten News)

 

PTRO Wins Rp989bn Masela LNG Contract

PTRO secured an onshore LNG perimeter construction contract from INPEX Masela Ltd. for the Abadi Field (Masela Block), valued at ~Rp989bn. Executed via the Petrosea–ETI–Nindya consortium, Petrosea holds a 36% stake, with project duration of 36 months. The scope includes road works, power relocation, and supporting infrastructure, reinforcing PTRO’s role in a key national LNG project. (Emiten News)

 

UNTR Subsidiary Secures Approval to Resume Martabe Mine Operations 

UNTR subsidiary, Agincourt Resources, has received approval from the Ministry of Environment to resume operations at the Martabe gold mine after a suspension since December 2025 due to alleged environmental violations. The company, previously among 28 firms facing permit revocations linked to flooding in Sumatra, stated it will comply with all requirements and environmental standards, although operations have not yet restarted. (Kontan)

 

TLKM Partners Huawei to Boost Data Center & Digital Infrastructure

TLKM, through NeutraDC, signed an MoU with Huawei at MWC Barcelona to develop digital infrastructure and strengthen the data center ecosystem. The partnership includes potential Huawei Cloud deployment, technology sharing, and AI-ready infrastructure development to support Indonesia’s digital transformation. (Bisnis)

 

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