- The domestic corporate sector reported an improvement in revenue growth, driven by the recovery in commodity prices.
- Revenue growth remains concentrated in the extractive sector, which should translate into better household demand conditions in less-urban regions.
- The CAPEX realization trend continues to lag behind revenue growth, indicating a still-low appetite for investments amid multiple domestic and global challenges. As a result, investments remain limited to capital-intensive sectors, creating a divergence in Indonesia’s labour market.
- Heightened competition among banks in the corporate segment is helping the corporate sector leverage their balance sheets, but higher SBN issuance in 2025 may crowd out private investments.
