Meetings examined export opportunities, MSME access to capital, carbon markets and energy connectivity.
Indonesia’s Finance Minister, Mr Suahasil Nazara, held bilateral meetings in Bangkok, Thailand, on Wednesday, 14 October 2026, with representatives of Thailand, Singapore, the World Bank, the International Finance Corporation (IFC) and Japan Bank for International Cooperation (JBIC). The discussions focused on export financing, investment, support for micro, small and medium-sized enterprises (MSMEs), infrastructure development and energy cooperation in support of Indonesia’s national development priorities.
During a meeting with Dr Ekniti Nitithanapras, Thailand’s Deputy Prime Minister and Minister of Finance, Minister Nazara expressed appreciation for Thailand’s role as a co-host of international meetings in 2026 and acknowledged the strong economic ties between the two countries. Both sides discussed opportunities to expand trade, investment and regional economic connectivity.
Minister Nazara also met Singapore’s Second Minister for Finance, Ms Indranee Rajah, to discuss Southeast Asia’s economic outlook and financial cooperation within the Association of Southeast Asian Nations (ASEAN). Topics included carbon markets, blended finance for nature-based solutions, infrastructure connectivity through the ASEAN Power Grid, artificial intelligence and digitalisation.
In discussions with Mr Kazuhiko Amakawa, Governor of JBIC, Minister Nazara explored financing opportunities for infrastructure and energy projects, including a waste-to-energy facility in Legok Nangka, West Java. They also discussed potential cooperation between JBIC and PT Sarana Multi Infrastruktur (Persero), an Indonesian state-owned infrastructure financing company, on new and ongoing projects.
A separate meeting with Mr Carlos Felipe Jaramillo, the World Bank’s Vice President for East Asia and the Pacific, and Ms Carrie Turk, its Country Director for Indonesia and Timor-Leste, addressed the challenge of maintaining fiscal credibility while supporting economic growth. The World Bank expressed its readiness to support Indonesia’s development priorities through digital financing for MSMEs, the Agricollect agricultural initiative and healthcare programmes.
Minister Nazara also met Mr Sarvesh Suri, IFC’s Regional Vice President for Asia and the Pacific, to discuss export development and private-sector financing. Cooperation with Indonesia Eximbank, formally known as Lembaga Pembiayaan Ekspor Indonesia (LPEI), focused on mobilising long-term funding and external capital for export-oriented businesses in agriculture, manufacturing, logistics, services and fisheries.
Further discussions covered MSME financing through PT Permodalan Nasional Madani (PNM), OTO Finance and Amartha, digital financial services, and support for women entrepreneurs and rural communities. The IFC also outlined plans to relocate several senior positions from Singapore to Jakarta.
The engagements highlighted opportunities for Indonesia to mobilise international financing, expand export capacity and attract investment while advancing sustainable economic development and regional cooperation.
Source: Indonesian Ministry of Finance
