Alami Group

We are pleased to announce that KLK Alami Edible oils Sdn. Bhd. will be participating in the Malaysian Palm Oil Forum (MPOF) China 2026. Join us at this key industry event where global players across the palm oil value chain come together to explore market trends, innovations, and new business opportunities. 📅 Date: 12 May 2026 📍 Venue: Pudong Shangri-La Hotel, Shanghai We look forward to connecting with partners, customers, and industry stakeholders in China. 🎟 Free registration is available: https://www.hyterp.cn/website/2681/index.html?v=17738 Feel free to reach out if you’ll be attending — let’s meet and explore opportunities together.

Malaysia Apr 1-10 vs. Mar 1-10 palm oil export (in tonnes) AmSpec: 402,916 vs. 581,364 (down 178,448 or -30.69%) ITS: 380,490 vs. 622,445 (down 241,955 or -38.87%)

Indonesia expediting road test on B50 biofuel, energy ministry says Reuters News 11 Mar 2026 18:56:18 JAKARTA, March 11 (Reuters) - Indonesia is accelerating its road test for B50 biodiesel made with 50% palm oil and 50% conventional oil, in case it struggles with crude oil supply due to conflict in the Middle East, its deputy energy minister said on Wednesday. Indonesia is considering raising its mandatory blend for biodiesel to B50 later this year, from the current B40 blend, due to rising crude prices. - ROAD TEST FOR B50 BIOFUEL BEING ACCELERATED - INDONESIA DEPUTY ENERGY MINISTER - B50 ROAD TESTING FOR PASSENGER CARS COULD BE COMPLETED BY END OF THE MONTH - INDONESIA DEPUTY ENERGY MINISTER - INDONESIA'S IMPLEMENTATION OF B50 BIOFUEL DEPENDS ON CRUDE OIL SUPPLY - DEPUTY ENERGY MINISTER

Malaysia CPO Export Duty for Apr'26: Ref. Price = RM 3,935.19 Tax = 9.5% Duty = Rm 373.84 / mt (or USD 95.20 @ 3.9270) Vs. Malaysia CPO Export Duty for Mar'26: Ref. Price = RM 3,896.09 Tax = 9.0% Duty = Rm 350.65 / mt (or USD 89.70 @ 3.9090)

*MPOB S&D Feb'26 vs Jan'26: Prodn 1.285m vs 1.577m (-18.55%) Impt 76k vs 32k Expt 1.128m vs 1.455m (-22.48%) LDsp 344k vs 391k Stks 2.704m vs 2.815m (-3.94%) * * * * * Bloomberg Poll: Prodn 1.33m (-16%) Impt 40k Expt 1.19m (-20%) LDsp 250k-450k Stks 2.65m (-6%) Reuters Poll: Prodn 1.30m (-17.8%) Impt 39k Expt 1.18m (-20.8%) LDsp 343k Stks 2.63m (-6.5%)

*POC 2026 | Day 2* *10 February 2026* *PLENARY SESSION 1 - LAURICS, BIODIESEL & OLEOCHEMICALS SESSION* *Q&A Session:* *Q: How likely will government land seizures impact palm oil production in Indonesia?* • Seizures span multiple sectors; scope and management remain unclear • Transition from private to state control likely reduces operational efficiency • Near-term production risk is high due to weaker upkeep and inputs *Q: What factors could cause the CNO–PKO spread to widen again?* • Coconut oil supply is weather-dependent, especially in the Philippines • EUDR compliance risks could constrain PKO supply • Severe weather could disrupt coconut production *Q: How elastic is demand when switching between CNO and PKO?* • Some applications require CNO specifically • Switching is feasible if specifications are met • Demand can shift quickly when price incentives appear *Q: Should downstream consumers reset indexation or rely on spot pricing in 2026?* • Year-end premiums tend to rise sharply • Under-coverage in 2H poses price risk • Forward coverage for later periods is prudent *Q: Will synthetic alcohol capacity increase amid tightening natural supply?* • Existing synthetic capacity is near full utilisation • High capex limits new investments • No major expansion expected *Q: Will heavy-cut C16–C18 alcohols be used more in formulations?* • Formulations are specification-driven • Limited scope to absorb extra C16–C18 • Major substitution is unlikely *Q: Should major importers rely more on forward contracts or strategic reserves?* • Forward coverage helps manage supply and price risk • Palm prices likely supported by biodiesel linkages • Carry and financing costs remain a constraint *Q: At what PKO price would synthetics gain market share?* • Synthetic share is already near capacity limits • No clear PKO price trigger identified • Further analysis required *Q: Palm oil vs soybean oil – how important is China?* • China has ample soybean oil stocks • Palm oil is currently price-disadvantaged • China unlikely to drive palm demand near term *Q: What is the broader vegoil demand outlook for China?* • Structural demand growth is slowing • Population decline is a headwind • Eating-out consumption remains weak

*POC 2026 | Day 2* *10 February 2026* *PLENARY SESSION 1 - *PAPER 2* *PALM OIL OUTLOOK 2026-2027 AND IMPACTS FROM THE GLOBAL BIOFUEL SECTOR* *MR ARTEM HAMMERSCHMIDT, Head of Vegoils & Biofuels Research* *Key Takeaways* • Global biofuel demand continues to exceed supply and vegetable oils are increasingly pulled back into biofuels • Used and waste oils are no longer sufficient to meet policy-driven demand • MALINDO stock/usage ratio are expected to be dropping to a 7-year low at the end of 2027. *Biofuels Global Market* • Biofuel production outside the US rose about 2.3 mt in 2025 • Margins have improved, especially in EU and China, due to recovery in biofuel certificate prices • Demand growth is policy-driven, not discretionary • Additional global biofuel requirement: – 2026: +7–8 mt – 2027: +6 mt *United States* • Proposed 2026 and 2027 targets imply an unprecedented jump in bio-based diesel demand and likely to exceed domestic production capacity • Delay in mandate finalisation weighed on 2025 consumption and drew down RIN stocks • Growth in 2026–27 requires: – Higher RIN prices – RIN prices outperforming feedstock costs • Producer credit (45Z) prioritises US soybean oil, US exports must fall and imports expected to rise into 2027 • Policy finalisation is critical for margins and production ramp-up *European Union* • Bio-based diesel demand surged in 2025 and is set to rise again in 2026 • RED III implementation keeps demand strong into 2027 • Strong pull on: – Used and waste oils – Vegetable oils due to limited UCO availability • EU imports hit 4.5 mt in 2025 as HVO production rose 50% • EU27 + UK mandates imply very bullish outlook for 2026–27 • Limited global UCO supply means increasing reliance on rapeseed oil *China* • Chinese bio-based diesel production recovered rapidly in 2025 • Further growth expected in 2026–27 • However, growth in used and waste oil collection has stalled *Brazil* • B16 is scheduled to be in Mar 2026 and B17 in Mar 2027, but most likely to be delayed • Brazil Biodiesel output: – +0.9 mt in 2026 – +0.8 mt in 2027 • Higher tallow availability for biofuels is expected in Brazil due to high US tariffs of tallow. *Indonesia* • 10% CPO export levy insufficient to fund B40, let alone B50 • Government: – Kept production quota flat for 2026 – Raised export tax to 12.5% from March to support the biodiesel policy. • Biodiesel volume remains large but no growth from 2025 *Oils & Fats Feedstock Implications* • Feedstock demand for bio-based diesel rising ~7–8 mt • With limited growth in UCO, demand shifts back to vegetable oils • Global used and waste oils tightened in 2025 • Policy-driven demand now exceeds collection capacity • Estimated UCO deficit: – 0.5 mt in 2025 – Widening thereafter unless prices rise *Palm Oil* • Malaysia outperformed in early 2026 • Short-term setback expected before recovery in 2027 • High uncertainty around Indonesian production growth • Combined MALINDO exports unlikely to rise in 2026/27 • MALINDO stock/usage ratio are expected to be dropping to a 7-year low at the end of 2027

*POC 2026, 10 February 2026, Day 2* *PLENARY SESSION 1 – PAPER 3 OLEOCHEMICAL MARKET OUTLOOK* *_Mr Samuel Chevigny, Managing Director, Oleoline_* • Large investments in new oleochemical capacity have outpaced growth in accessible markets, increasing competition and compressing margins. • More oleochemical volumes are staying in Asia due to local demand growth and trade barriers, intensifying regional competition. • Global vegetable oils and fats production is ~270 million tonnes; oleochemicals consume ~14–15 million tonnes, with an estimated market value of ~USD 25–26 billion. • Feedstock for fatty acids and fatty alcohols is dominated by PKO/CNO (~53%), followed by palm stearin, animal fats, and minor soft oils. • Feedstock tightness has become structural rather than cyclical, driven by limited PKO availability and rising competition for animal fats from SAF. • Coconut oil has lost competitiveness due to persistent premiums over PKO and is now mainly relevant for regulatory or niche applications. • Indonesian levy and export tax structures continue to favour domestic downstream processing, supporting local oleochemical production and exports. • Fatty acid producer margins remain under pressure due to overcapacity, redirected volumes, and weak demand in technical applications. • Fatty alcohol margins have been more resilient, though new capacity additions are beginning to weigh on utilisation rates. • Global fatty acid capacity is estimated at ~15.8 million tonnes, while natural fatty alcohol capacity is ~4.4 million tonnes; utilisation rates remain low. • Production is shifting toward feedstock-advantaged regions such as Indonesia, Malaysia, and China, while Europe and North America increasingly rely on imports. • Around 700,000 tonnes of new natural fatty alcohol capacity is coming onstream, creating risk of oversupply if demand does not absorb volumes. • Synthetic alcohol remains competitive in the US due to low-cost ethylene and regulatory compatibility. • Glycerine production from oleochemicals is ~1.4–1.5 million tonnes; improved glycerine prices have supported by-product margins. • European anti-dumping duties have raised prices and shifted trade flows but failed to revive local production, accelerating industry relocation. • EU deforestation regulations may affect ~1.3 million tonnes of oleochemical demand; affordability and compliant feedstock availability remain key concerns. • Regulatory uncertainty in the US poses downside risk similar to Europe, potentially impacting global trade flows and margins. • Oleochemical prices remain closely linked to PKO, reinforcing value capture upstream rather than downstream. • For 2026, feedstock prices are expected to stay firm, while rising capacity and regulation cap downstream pricing power. • Food and personal care demand continues to grow, but technical and industrial applications remain weak. • Indicative 2026 price expectations (FOB Asia, USD/MT): • C14 fatty acids: ~2,800–3,100 • C8–C10 fatty acids: ~2,300–2,600 • C12 fatty acids: ~1,700–2,000 • Oleic acid: ~1,100–1,200 • Key takeaways for 2026: feedstock access is the main competitive advantage; high prices suppress demand; overcapacity pressures margins; trade policies offer limited protection; value increasingly shifts to palm and PKO sellers.

*POC 2026, 10 February 2026, Day 2* *PLENARY SESSION 1 – PAPER 1 LAURICS MARKET OUTLOOK 2026* *_Dr Sathia Varqa, Senior Analyst, Fastmarkets Palm Oil Analytics_* • 2025 was marked by record-high palm oil production in both Malaysia (~20.3 MMT) and Indonesia (~51 MMT), creating a more competitive supply environment. • Malaysia’s monthly production remained seasonally strong, with January output the highest January level in the past seven years. • A strong ringgit reduced Malaysia’s export competitiveness, critical as ~70% of Malaysian palm oil production is exported. • Indonesia’s biodiesel policy uncertainty (B40/B50) created significant price volatility through late 2024 and early 2025. • Palm oil prices in 2025 were driven more by supply dynamics than demand; demand remained steady while supply stayed structurally constrained. • Laurics markets saw extreme volatility in 2025, with coconut oil trading at a premium of up to USD 1,000/MT over PKO due to supply disruptions. • Coconut oil supply was disrupted mainly by poor weather in the Philippines, reducing copra collection, crushing activity, and exports. • Demand for laurics remained firm, supported by personal care and cosmetics; Asia continues to grow rapidly, with South Korea emerging as a top cosmetics exporter. • PKO prices in 2025 were supported at higher levels compared with 2023–2024, though volatility increased toward year-end due to regulatory uncertainty. • The CCNO–CPKO premium peaked in 2025 and has since narrowed, moving into a lower-premium cycle entering 2026. • Malaysia’s palm oil production in 2026 is forecast at ~20.0 MMT, slightly lower year-on-year but still historically high. • Malaysia’s CPKO production in 2026 is expected to fall by ~2% (around 50,000 MT), though beginning stocks are relatively high. • Indonesia’s palm oil production in 2026 is forecast to decline to ~49 MMT, down ~4% year-on-year, mainly due to land-related uncertainties and reduced fertiliser application. • Indonesia’s CPKO output is also expected to decline, tightening laurics availability. • The Philippines’ coconut production is forecast to recover by ~23% in 2026 after weather-related losses in 2025. • Coconut oil exports from the Philippines are expected to rebound by ~20% to around 1.2 MMT, restoring volumes toward the 5-year average. • Despite higher export volumes, Philippine coconut oil export value may decline due to lower average prices versus 2025. • The CCNO premium over CPKO is expected to narrow further to around USD 100–200 in the first half of 2026. • In the second half of 2026, the premium may widen again due to tighter PKO availability and potential regulatory-driven premiums. • Overall, 2026 is expected to bring balance, not abundance, to the laurics market, with reduced volatility compared with 2025 but no oversupply.

*POC 2026 | Day 2* *10 February 2026* *Panel Session 1* *Malaysian Palm Oil Industry: Navigating Challenges and Opportunities* *Key Takeaways* • Land expansion is no longer the growth lever • Future competitiveness depends on yield improvement, cost efficiency and operational optimisation • Replanting is the single most critical long-term strategy; assistance and incentives are especially needed for independent smallholders • Modernisation is key to attracting the next generation of talent *Moderator* Ms Belvinder Sron, Chief Executive Officer, Malaysian Palm Oil Council *SPEAKERS:* *Mr Mohd Haris Mohd Arshad, Group Managing Director, SD Gutherie Berhad* *Productivity & Cost Competitiveness* • Industry caught between rising costs and intensifying competition • Palm oil yield and production growth remain stagnant • Structural challenges include: - Limited land expansion due to sustainability commitments - Ageing trees - Slow replanting cycle *Competitive pressure from rival oils* • Soybean oil growth is accelerating: Palm oil CAGR: ~1.1% Soybean oil CAGR: ~6.2% • Soybean oil increasingly trades at a discount to palm olein due to abundant supply and fast growth *Strategic priorities* 1. Replanting 2. Mechanisation, automation & digitalisation 3. Superior Planting Material *Mr Jeremy Goon, Chief Executive Officer, FFM Berhad, Chief Sustainability Officer, Wilmar International Limited* *Price, Demand & Structural Cost Reset* • High costs are structural and permanent, not cyclical: – Compliance – Labour – Climate risk – Yield volatility *Price dynamics* • Persistently high palm oil prices will: – Support resilience and reinvestment – But risk demand erosion, substitution and slower downstream growth *Oil demand is currently shaped by:* • Health and nutrition trends • Government policies and regulations • Price sensitivity, especially in emerging markets • Reformulation by food manufacturers *Africa is seen as the next Strategic Growth Market* • Africa’s population projected to reach 2.5 billion by 2050 • Rapid urbanisation • Consumption growth outpacing domestic production • Only two African countries are net exporters of edible oils *Unlocking Africa’s potential* • Supportive and consistent policies are needed • Infrastructure development • Clear land governance • Pragmatic sustainability frameworks *Mr Lee Jia Zhang – KLK, Chief Operating Officer, Kuala Lumpur Kepong Berhad* *Yield, Price Stability & Demand Sustainability* • Palm oil premiums must be managed carefully • Excessive premiums: – Encourage substitution – Disrupt demand rather than strengthen it *Desired outcome* • Stable prices rather than becoming the highest prices • Balance grower income with long-term demand sustainability *Dato’ Fakhrunniam Othman, Group Chief Executive Officer, FGV Holdings Berhad* *Land use & growth* • Global edible oil demand CAGR: ~2.84% • Oil palm supply growth CAGR: ~2.83 • Land expansion is no longer viable, yield improvement is the target. Replanting remain the key strategy. • Improving yields requires better planting material, faster and more efficient replanting, and operational optimization. *Diversification & Talent Sustainability* • Industry perceived as unattractive to young talent • Mechanisation, digitalisation and modernisation needed to: – Improve job quality – Attract younger and skilled workforce *Q&A Highlights* *Can sustainability compliance move from a cost burden to a competitive advantage?* Malaysia is better positioned than most origins due to: • MSPO’s inclusivity, including smallholders • Mature infrastructure • Strong regulatory and traceability systems *Is 100% mechanisation possible in palm oil?* • 100% mechanisation is not realistic • Terrain limitations, especially slopes above 20 degrees • Harvesting still requires skilled human labour

*POC 2026, 10th March 2026, Day 2* *SPECIAL PAPER 1 SUSTAINABLE PALM OIL – NAVIGATING IN UNCERTAIN TIMES* *_Dato’ Carl Bek-Nielsen Vice-Chairman & Chief Executive Director, United Plantations Berhad_* • Global economic and trade policy uncertainty has risen sharply, weakening confidence, suppressing spending, and increasing the risk of demand destruction. • In uncertain times, businesses and policymakers must stop focusing on uncontrollable noise and concentrate on what can be managed and executed well. • World population has grown from under 1 billion in 1800 to about 8.25 billion today and is projected to peak around 10.3 billion in the 2080s. • The world will need to produce roughly 50% more food by 2100, despite land already being a scarce resource. • Africa is the key long-term demand driver, with population projected to rise from about 1.4 billion today to around 4 billion by 2100. • Nigeria alone records about 7.5 million births per year, more than Europe and Russia combined. • More than half of the world’s population lives in China, India, and Africa, all of which consume oils and fats below the global average. • If Africa’s per-capita oils and fats consumption merely rises to India’s level, additional demand would be close to 10 million tonnes. • Out of 54 African countries, only two are net exporters of oils and fats; the continent imported about 12.6 million tonnes in 2024, with roughly two-thirds being palm oil. • About 95% of all calories consumed globally come from land, while total agricultural land is already heavily utilised, leaving little room for expansion. • Oil palm occupies only about 0.5% of global agricultural land but produces roughly 37% of the world’s edible oils. • Replacing palm oil with other vegetable oils would require up to seven times more land, implying large-scale deforestation elsewhere. • Yield per hectare is the most meaningful sustainability metric: higher yields reduce pressure on forests, lower emissions, and protect biodiversity. • Malaysia has the potential to raise average yields from about 3.5 to 4.5 tonnes per hectare, adding roughly 5.7 million tonnes of CPO without deforestation. • Producing the same volume with alternative oil crops would require clearing an estimated 7–11 million hectares of forest. • Yield losses today are driven by execution gaps such as poor ripeness control, missed bunches, labour shortages, flooding, and weak discipline in the field. • Replanting has been delayed: around 30–35% of Malaysian oil palm areas are already 19 years or older, with about 15% affected by Ganoderma. • Only proven, high-yielding planting materials should be used, as compromising on quality permanently caps future yields. • Over long history, deforestation has been driven mainly by agriculture and other activities; palm oil accounts for only a small share and far less when crop-to-crop conversion is considered. • Since 2020, soybean expansion in South America has far exceeded oil palm expansion, while Malaysia’s oil palm area has actually declined. • Malaysia has achieved a sharp reduction in primary forest loss following mandatory sustainability certification, demonstrating effective governance. • Sustainability regulations must not exclude smallholders, who are essential to livelihoods, supply chains, and global food security. • Global palm oil supply growth is slowing compared with the previous decade, pointing to structurally tighter markets. • Indonesia’s biodiesel policy adjustments are bearish in the short term, while land and fertiliser uncertainties pose medium-term supply risks. • A modest decline in Indonesian output would materially tighten global supply.4% decline is 2 Mmt. • CPO price outlook for the year is around RM 3,900–4,300 per tonne, subject to weather and exchange rates. • Palm oil remains essential for global food security and affordability; sustainability must be built in from the start, as behaviour defines credibility and the license to operate.

📌 POC 2026 – Paper 1 Summary World Supply, Demand & Price Outlook of Palm and Lauric Oils 🗣️ Mr. Thomas Mielke – Executive Director, ISTA Mielke GmbH ⸻ 🌍 1️⃣ Structural Shift in Global Vegetable Oils Palm oil is losing market share to other vegetable oils — especially soybean oil. Over the past 5 years: • 🌱 Soybean area ↑ +13 million hectares • 🌻 Total oilseeds area ↑ +25 million hectares • 🌴 Oil palm area ↑ only +1.7 million hectares ➡️ This is a major structural change in global oil supply. ⸻ 🇲🇾 2️⃣ Malaysia Outlook Positive short-term recovery due to: • Improved labor availability • Better harvesting efficiency However: • Aging trees • Disease pressure • Limited expansion Production may improve early 2026 but full-year output likely capped below 20M tons. ⸻ 🇮🇩 3️⃣ Indonesia – Key Risk Factor Indonesia is now: ✔️ Largest producer ✔️ Largest consumer Domestic consumption (biodiesel) is nearing or exceeding export volumes. Concerns: • Reduced fertilizer usage (~20% decline in some areas) • Government intervention & policy uncertainty • Slower replanting & new planting ⚠️ High probability of: • Production stagnation in 2026 • Possible decline in 2027 This creates a structural supply deficit risk. ⸻ 🌱 4️⃣ Soybeans – Bearish Pressure • Brazil record crop: ~181–184M tons • Global soybean stocks rising • Crush volumes increasing More soybean oil supply = price competition for palm oil Soybeans likely to remain under pressure in coming months. ⸻ 🛢 5️⃣ Sunflower & Rapeseed • Black Sea drought reduced sunflower crop (~5–6M tons loss) • Premiums may narrow later this year • Canadian canola exports improving after China reopening ⸻ 📊 6️⃣ Palm Oil Price Outlook Structural tightening in palm supply. Expected price ranges: 📌 CPO (Jan–June avg): USD 1,000 – 1,200/MT Likely closer to upper range 📌 Upside risk: +USD 100 possible 📌 Lauric oils (PKO): Premium likely to stay firm If Indonesian production underperforms → prices could test USD 1,300–1,400 ⸻ 🔥 7️⃣ Key Wildcards • Indonesia biodiesel mandates (B40/B50 expansion?) • Government interventions • US biofuel policy under Trump • Energy prices • Weather (El Niño risk) ⸻ 🎯 Key Takeaway Palm oil growth is structurally slowing due to: • Limited area expansion • Aging trees • Policy interference • Strong domestic use in Indonesia Meanwhile, oilseeds (soybeans) are expanding aggressively. ➡️ Palm oil may only satisfy ~20% of global vegoil growth in coming decade (vs 32% historically). ➡️ Structural supply tightness supports higher long-term price range.

Bloomberg Poll Jan'26 vs Dec'25 MPOB: Prodn 1.62m vs 1.83m (-11.5%) Impt 40k vs 33k Expt 1.42m vs 1.32m (+7.6%) LDsp 340k vs 332k Stks 2.89m vs 3.05m (-5.2%) Reuters Poll: Prodn 1.61m vs 1.83m (-12%) Impt 41k vs 33k Expt 1.42m vs 1.32m (+7.5%) LDsp 377k vs 332k Stks 2.91m vs 3.05m (-4.6%)

Reuters Poll Jan'26 vs Dec'25 MPOB: Prodn 1.61m vs 1.83m (-12%) Impt 41k vs 33k Expt 1.42m vs 1.32m (+7.5%) LDsp 377k vs 332k Stks 2.91m vs 3.05m (-4.6%)

SPPOMA 1st-31st Jan 2026 Yield : -13.78% OER. : +0.16% Prod : -13.08% SPPOMA 1st-25th Jan 2026 Yield : -15.28% OER. : +0.11% Prod : -14.81% SPPOMA 1st-20th Jan 2026 Yield : -16.49% OER. : +0.08% Prod : -16.06% SPPOMA 1st-15th Jan 2026 Yield : -16.84% OER. : -0.05% Prod : -17.10% SPPOMA 1st-10th Jan 2026 Yield : -18.09% OER. : -0.03% Prod : -18.24% SPPOMA 1st-5th Jan 2026 Yield : -34.70% OER. : +0.04% Prod : -34.48%

Malaysia Jan 1-31, 2026 vs. Dec 1-31, 2025 palm oil export (in tonnes) AMSPEC: 1,375,718 vs. 1,197,434 (up 178,284 or +14.89%) ITS: 1,463,069 vs. 1,240,587 (up 222,482 or +17.93%)

Indonesia to launch social assistance programme worth more than $700 million – Reuter 03 Feb 2026 12:45:44 JAKARTA, Feb 3 (Reuters) - Indonesia plans to launch a 12 trillion rupiah ($715.78 million) social assistance programme to hand out rice and cooking oil to low-income families for two months, the country's chief economic minister said on Tuesday. Airlangga Hartarto did not give an exact timeframe for the programme but said it is aimed at boosting economic growth in the first quarter of 2026. The government will also allocate 200 billion rupiah for travel discounts during the Eid al-Fitr holiday, which will include air, train and sea transportation, Airlangga said. "Our target is to boost the economy because the first quarter is important," he told reporters. ($1 = 16,765 rupiah) Source: https://www.reuters.com/world/asia-pacific/indonesia-launch-social-assistance-programme-worth-more-than-700-million-2026-02-03/#:~:text=JAKARTA%2C%20Feb%203%20(Reuters),economic%20minister%20said%20on%20Tuesday