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Schroders Indonesia Acquisition Complete, MAMI Expands Market Reach

PT Manulife Aset Manajemen Indonesia (MAMI) has successfully completed its strategic acquisition of PT Schroder Investment Management Indonesia, marking a significant expansion in the Indonesian asset management sector following approval from the Financial Services Authority (OJK). This merger strengthens MAMI's position as the largest investment manager in Indonesia, with assets under management reaching Rp124.3 trillion as of December 2025, and integrates Schroders' global expertise to enhance product innovation and client reach. The move underscores Manulife's long-term commitment to the Indonesian market, aiming to capitalise on the growing asset management industry through synergies in resources, distribution, and innovation.

Fuel Prices Unchanged from April 2026, Pertamina to Cover Difference Temporarily

The Indonesian government has decided to maintain fuel prices from 1 April 2026 despite global oil price fluctuations, with state-owned Pertamina temporarily absorbing the difference between market and economic prices due to its strong financial position. Finance Minister Purbaya Yudhi Sadewa stated that this interim measure is supported by smooth government subsidy payments, and further policies will be discussed with the Energy and Mineral Resources Ministry. The government has allocated an additional fiscal buffer of Rp90-100 trillion for fuel subsidies, ensuring the state budget deficit remains below 3% even if oil prices reach $100 per barrel.

Gold Prices Today at Pegadaian on 2 April 2026: Rising Together

Gold prices at Pegadaian in Indonesia have seen a significant rise on the morning of 2 April 2026, with major types such as Antam, UBS, and Galeri 24 all increasing in value compared to the previous day. This upward trend aligns with global gold market movements and the official Antam Logam Mulia price, which reached Rp2,902,000 per gram for the base price and Rp2,827,000 for buyback as of 1 April 2026. Consumers are advised to monitor real-time prices via the Pegadaian Digital app or visit nearby outlets, as fluctuations depend on international commodity dynamics and the Rupiah exchange rate.

Farabi El Fouz: Free Nutritious Meal Programme Effectively Accelerates Stunting Reduction

Farabi El Fouz, a member of West Java's DPRD Commission V and health practitioner, has praised the Free Nutritious Meal Programme (MBG) as a strategic initiative to accelerate the decline in stunting rates, particularly in West Java. He emphasises that addressing nutritional deficiencies through direct food provision targets vulnerable groups like children under two and pregnant women, serving as both a preventive and curative measure. Farabi calls for targeted implementation, strict oversight, cross-sector collaboration, and integration with other health programmes to achieve national stunting reduction targets.

Conversion of Electric Motorcycles or Purchasing New Electric Motorcycles?

The Indonesian government is promoting the transition from fuel-based vehicles to electric ones through new purchases and conversions of existing motorcycles, with the Energy and Mineral Resources Minister Bahlil Lahadalia appointed as head of the national energy transition task force. However, experts from the KOSMIK community note that conversion programmes have been ineffective due to limited certified workshops—only around 60 nationwide—and consumer preferences for buying new electric motorcycles for reasons of comfort, trust, and perception. This gap highlights challenges in meeting national targets for converting the country's 120 million petrol motorcycles.

Asian Stock Markets Recover, Investors Await Peace Confirmation from Trump

Asian stock markets strengthened on Thursday, 2 April 2026, as investors anticipated clarity from US President Donald Trump's speech on ending the war with Iran. Trump's claims of Iran's interest in a ceasefire and demands for reopening the Strait of Hormuz have sparked optimism, despite Iranian denials and conflicting reports. The rally in indices like Nikkei 225, Kospi, and S&P/ASX 200 mirrored gains in US markets, highlighting the global financial implications of potential US-Iran peace.

How the Bogor City Government Prevents Civil Servants from Misusing the Friday Work-from-Home Policy

The Bogor City Government has introduced sanctions, starting with verbal warnings and potentially affecting promotions, to prevent civil servants from working from cafes instead of home on Fridays under the new work-from-home policy. Mayor Dedie A Rachim outlined plans for three daily connections via Geotagging Zoom to monitor compliance, aligning with central government directives for efficiency. Similarly, Jakarta Provincial Government has warned of strict penalties for similar violations, exempting essential public service personnel from the policy.

US Dollar Breaches Rp17,000, Import Costs Rise 15-20%

The Indonesian rupiah has weakened significantly against the US dollar, breaching the psychologically important level of Rp17,000 per dollar for the first time in spot market trading, driven by external factors such as rising global oil prices due to the Middle East conflict and internal concerns over fiscal stability. Import costs for Indonesian businesses have surged by 15-20%, leading to frustration among importers who feel that monetary policies have failed to stabilise the currency. While the rupiah showed a slight recovery at the close of trading, ongoing pressures from foreign selling in government bonds and seasonal outflows highlight the vulnerability of Indonesia's economy to global uncertainties.

TNI Provides IDR 1.8 Billion Compensation to Families of Three Soldiers Killed in Lebanon

The Indonesian National Armed Forces (TNI) has posthumously promoted three soldiers who died during a peacekeeping mission in Lebanon and provided their families with a total compensation package exceeding IDR 1.8 billion, including educational scholarships and continued salaries for 12 months. The fallen soldiers—Captain Infantry Zulmi Aditya Iskandar, Sergeant One Muhammad Nur Ikhwan, and Private First Class Farizal Rhomadhon—received the Dag Hammarskjöld Medal for their service. TNI is awaiting the UNIFIL investigation results to determine the perpetrators and motives behind the attacks that claimed their lives, highlighting the risks faced by Indonesian peacekeepers abroad.

MER-C and TPM Urge Firm Government Action After Three TNI Soldiers Fall in Lebanon

MER-C Indonesia and the Muslim Lawyers' Team (TPM) have called on the Indonesian government to take decisive diplomatic measures following the deaths of three TNI soldiers serving with UNIFIL in Lebanon due to Israeli attacks. They demand that the case be brought before the International Court of Justice (ICJ) and the International Criminal Court (ICC), alongside demands for an independent investigation, accountability from Israel, and compensation for the victims' families. The groups also urge the UN Security Council to condemn the attacks, strengthen peacekeeping mandates, and refer the matter to the ICC if necessary, highlighting the need for global solidarity against war crimes.

Asian Stock Markets Continue Strong Rally

Asian-Pacific stock markets strengthened on Thursday, following positive movements on Wall Street, as investors await a speech by US President Donald Trump amid optimism over potential US efforts to end the conflict with Iran. Key indices such as Japan's Nikkei 225 rose 0.78%, South Korea's Kospi surged 1.33%, and Australia's S&P/ASX 200 gained 0.45%, reflecting cautious investor sentiment towards shifting US policy signals on the Strait of Hormuz. This performance underscores the global interconnectedness of financial markets and the influence of geopolitical developments on economic sentiment.

Avtur Prices Surge, Pelita Air: Operational Costs Also Rise

A sharp increase in aviation fuel (avtur) prices, triggered by escalating geopolitical tensions in the Middle East, has significantly impacted operational costs for Indonesian airline PT Pelita Air Service, with domestic prices rising 72.4% to Rp 23,551 per litre at Soekarno-Hatta Airport as of 1 April 2026. Pelita Air's CEO Dendy Kurniawan stated that the company is adjusting strategies to maintain service quality and value-for-money fares despite the pressures, while the National Airline Business Association (INACA) attributes the hike to global energy trends and calls for ticket price adjustments. This surge, representing a 295% increase from 2019 levels, underscores the vulnerability of Indonesia's aviation sector to international conflicts and energy market volatility.

Bekasi LPG Bulk Filling Station Fire Incident, Supply Assured to Remain Unaffected

A fire broke out at the Stasiun Pengisian Bulk Elpiji (SPBE) in Cimuning, Mustika Jaya, Bekasi, on the evening of 1 April 2026, at a facility owned by private company PT Indogas Andalan Kita, a partner of PT Pertamina Patra Niaga. Pertamina Patra Niaga's Area Manager for Communications, Relations & CSR in West Java, Susanto August Satria, apologised for the incident and confirmed that coordination with local fire services is underway, with investigations into the cause to follow. The company assured the public that LPG supplies remain uninterrupted and urged caution around the site to ensure safety.

DKI Yesterday: Waste Issues in Jakarta to WFH Every Friday

A compilation of recent news from Jakarta highlights ongoing efforts to address waste management challenges through accelerated technology adoption like Intermediate Treatment Facility and Refuse Derived Fuel, alongside a significant increase in public transport ridership in February 2026. Local authorities transported 110 tons of waste from a temporary site in East Jakarta, while preparations advance for demolishing affected residents' homes in West Jakarta due to relocation. Governor Pramono Anung has exempted public service agencies, including civil service police and fire departments, from the Friday work-from-home policy to ensure uninterrupted operations.

Price Boards Showing Rp 0, Shell Petrol Station Fuel Stocks Still Empty

As April 2026 approaches, numerous Shell Indonesia petrol stations remain far from normal operations, with empty fuel stocks leading to deserted sites and no vehicle refuelling activity in Jakarta and surrounding areas. The shortage, affecting all Shell fuel products including Super, V-Power, V-Power Diesel, and V-Power Nitro+, has persisted for several months, raising concerns among regular customers who prefer the brand's high-quality fuels. While fuel is unavailable, other services like Shell Select shops, deli2go, workshops, and Shell Recharge stations continue to operate.

Defence Ministry to Purchase KAAN Fighter Jets via Foreign Loan Scheme

The Indonesian Ministry of Defence has confirmed an initial contract for a limited number of fifth-generation KAAN fighter jets from Turkish Aerospace Industries, to be financed through a foreign loan mechanism in collaboration with the Ministry of Finance. Reports suggest Indonesia has agreed to acquire 48 units, valued at $15 billion (Rp251 trillion), with deliveries commencing in 2032, though procurement will proceed gradually based on budget availability and TNI requirements. This deal, signed at the IDEF exhibition in Istanbul in mid-2025, underscores Indonesia's efforts to modernise its air force amid regional security dynamics.

Support and Notes from Legislators on WFH Policy to Save Fuel

The Indonesian government has introduced a work-from-home (WFH) policy for civil servants every Friday to conserve fuel amid the Middle East conflict, as announced by Coordinating Minister for the Economy Airlangga Hartarto. Legislators from various parties, including NasDem, PKB, PKS, and PDIP, have expressed support for the measure but emphasised the need for regular evaluations, strict oversight to prevent misuse, and assessments of its effectiveness in reducing fuel consumption while maintaining public service productivity. The policy is part of broader cultural work transformations, drawing on post-COVID experiences, with calls for improved public transportation and pollution control as additional benefits.

Purbaya Appoints Fauzi Ichsan as Member of INA's Supervisory Board

Finance Minister Purbaya Yudhi Sadewa has appointed Fauzi Ichsan, a seasoned finance professional and former CEO of the Deposit Insurance Corporation (LPS), as a professional member of the Supervisory Board of the Indonesia Investment Authority (INA). This appointment, held on 1 April 2026, underscores the government's commitment to enhancing the credibility and governance of Indonesia's sovereign wealth fund. Purbaya emphasised the crucial role of the Supervisory Board in ensuring prudent investment practices that align with national priorities, including synergies with Danantara to support economic development and government agendas like Asta Cita.

Viral: Police Officer Transferred for Investigating Alleged Corruption Case, Chooses to Resign

A Indonesian police officer named Vicky Katiandagho has gone viral on social media after resigning from the National Police following a transfer that allegedly stemmed from his investigation into a corruption case. Previously known for handling major cases, including corruption, Vicky shared an emotional farewell video from the North Sulawesi Police Headquarters, where he saluted the Indonesian flag and expressed that the spirit of Bhayangkara would remain with him forever. The incident has sparked public empathy and highlights potential challenges faced by officers pursuing anti-corruption efforts within the institution.

Cimuning SPBE Fire Suspected Due to Gas Leak, 12 People Injured

A massive fire broke out at the Pertamina Bulk LPG Filling Station (SPBE) in Cimuning, Bekasi, on Wednesday night, suspected to be caused by a gas leak that ignited due to an electrical short circuit, resulting in severe damage to the facility and injuries to at least 12 people, including residents and employees. Emergency services deployed around 15 fire trucks to extinguish the blaze, which was brought under control early Thursday morning, with police continuing investigations into the exact cause. This incident highlights the risks associated with LPG storage infrastructure and underscores the need for enhanced safety measures in such facilities to prevent future accidents.

Archive Statistics

308,925
Total Articles
1012
News Sources
1994-2026
Coverage Period