AGP Executive Report
Last update: 11 hours agoEarthquake Response: Indonesia’s 7.7 quake in East Nusa Tenggara (Flores) has killed 70 people, with 132 injured, as aftershocks keep rescue and recovery moving slowly; authorities report 2,357 aftershocks and helicopter support for isolated areas, while tourist sites like Goa Rangko, Wae Rebo and Kelimutu are temporarily closed for safety checks. Relief on the Ground: The government says it has set up seven emergency public kitchens for tens of thousands of evacuees and sent Rp100 billion in food aid, including rice, plus more logistics planned as displaced residents wait for help. Humanitarian Coordination: Indonesia’s Human Rights Ministry is deploying 150,000 personnel to map village needs, while universities and church networks are joining relief efforts across quake-hit districts. Economy & Markets: Bank Indonesia expanded its domestic credit card for QRIS payments to consumers and businesses, and the IDX rose as domestic optimism offset global weakness. Regional Diplomacy: The UAE Mission to ASEAN joined the 3rd GCC-ASEAN meeting in Jakarta, focusing on turning cooperation plans into practical initiatives. Business & Policy: FTSE Russell will defer adding Indonesian stocks and most index changes until at least December, citing an extended observation period for market reforms.
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