Samsung Electronics and SK Hynix rejected a Korea Electric Power Corp (KEPCO) proposal for prepaid power totaling about KRW25 trillion — roughly five years of bills — intended to fund grid upgrades for a new technology cluster, foreign media report. KEPCO said a spokesperson via text that the two companies ultimately declined the offer. Local reports said the chipmakers cited uncertainty that the current semiconductor boom will persist over a five-year prepayment horizon. The dispute underscores

Two analysts at Industrial Bank say Bank Indonesia’s prioritization of exchange-rate stability should remain a key support for the rupiah and help gradual appreciation. Improving domestic conditions, easing liquidity stress and firmer investor confidence also bolster the currency. Portfolio flows are the primary catalyst; the November MSCI index review is particularly important. Recent improvements to shareholding disclosure and free-float rules should ease investability concerns, and foreign equity flows have begun to stabilise. Downside risks include a stronger dollar, sustained high oil prices or an adverse MSCI review, any of which could trigger capital outflows. Industrial Bank projects USD/IDR at 17,600 end-Q3, 17,550 end-2026 and about 17,450 end-Q2 2027.

A Singapore minister said they hope the subsea cable framework will secure ASEAN approval by 2027.