- The corporate sector recorded a strong revenue growth in Q4 2025 – Q1 2026, but the trend may revert as rising oil and input prices may erode margins and weigh on demand.
- CAPEX realisation continues to slow down as some have entered a consolidation period, while challenging business conditions discourage investments in other sectors.
- Slowing investment may worsen Indonesia’s fundamental problem, yet sparking another CAPEX cycle may not be straightforward, as businesses will need to consolidate their balance sheet.
