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Mon, 04 May 2026, 07:30 WIB
Berkshire Meeting Changes, Investors Highlight the Loss of Warren Buffett's Touch
The annual Berkshire Hathaway shareholder meeting in Omaha, Nebraska, marked a noticeable shift as Greg Abel, the new CEO since January, led the proceedings without Warren Buffett on stage, leading to a more subdued atmosphere and lower attendance compared to previous years. Investors expressed disappointment over the absence of Buffett's and the late Charlie Munger's signature investment wisdom and life philosophies, though many acknowledged the enduring strength of the company's foundations built by its legendary leaders. This transition underscores the generational handover at one of the world's most influential investment conglomerates.
Mon, 04 May 2026, 07:26 WIB
Pertamina Officially Increases Non-Subsidised Fuel Prices, Effective 4 May 2026
PT Pertamina has officially raised the prices of its non-subsidised fuels at petrol stations, effective from 4 May 2026, with significant increases for RON 98 Turbo, Dexlite, and Pertamina Dex products. For instance, Pertamax Turbo in Jakarta now costs Rp 19,900 per litre, up from Rp 19,400, while Dexlite rises to Rp 26,000 per litre from Rp 23,600. Prices for subsidised fuels and some other variants like Pertamax (RON 92) remain unchanged, reflecting ongoing adjustments to global oil market dynamics amid Indonesia's energy sector challenges.
Mon, 04 May 2026, 07:25 WIB
Amid Global Turmoil, Indonesia Relies on This Sector to Boost Economy
The Indonesian government is bolstering the manufacturing sector as a key pillar to sustain national economic growth amidst escalating global uncertainties, including geopolitical conflicts and supply chain disruptions. In 2025, the processing industry grew by 5.30%, surpassing the overall economy's 5.11% expansion, highlighting its strategic role in GDP contribution, job creation, and exports. President Prabowo Subianto has established a task force via Presidential Decree No. 4 of 2026 to accelerate priority programmes, offering policy support such as eased access to raw materials and import adjustments to mitigate impacts on production and distribution.
Mon, 04 May 2026, 07:24 WIB
INET Records 3,069% Revenue Surge in First Quarter of 2026
PT Sinergi Inti Andalan Prima Tbk (INET), an Indonesian technology firm, reported a remarkable 3,069% increase in net revenue to Rp 383.60 billion for the first quarter of 2026, compared to the same period in 2025. This growth was accompanied by a 791% rise in net profit attributable to owners, reaching Rp 13.66 billion, driven by expanded operations and a significant capital injection that boosted cash reserves to Rp 4.49 trillion and equity to Rp 3.73 trillion. The results underscore INET's robust financial expansion, positioning it strongly in Indonesia's burgeoning digital economy.
Mon, 04 May 2026, 07:22 WIB
Monday: Mobile SIM Services Available at Five Locations in Jakarta
The Directorate of Traffic of the Metro Jaya Police has launched mobile SIM renewal services at five locations across Jakarta on Monday to facilitate easier access for drivers. These services, available from 08:00 to 14:00 WIB, cater exclusively to extensions of valid SIM A and C licences, requiring documents such as KTP copies, old SIM, health checks, and psychology tests, with fees totalling around Rp175,000 for SIM A including additional costs. This initiative aligns with updated regulations setting a five-year validity period from issuance, emphasising compliance to avoid penalties under traffic laws.
Mon, 04 May 2026, 07:22 WIB
Anticipating Fuel Price Turmoil, Free Public Transport as an Incentive Option
In response to the potential social unrest from impending fuel price hikes, Indonesian transport expert Djoko Setijowarno proposes strengthening public transportation through incentives like free services for students, university students, and workers, which could be funded with Rp 10 trillion. This approach is seen as more effective and cost-efficient than subsidising private vehicles, offering direct economic relief, reducing protests, enhancing traffic safety, and promoting equitable development. Examples from regions like Magelang demonstrate the feasibility of such schemes using local tax revenues.
Mon, 04 May 2026, 07:20 WIB
Market Traders in Cipulir Exhausted by Seven Floods in a Year
Traders at Pasar Cipulir in South Jakarta are facing repeated flooding, with the market inundated seven times since early 2025, the latest incident on Saturday night causing 15 cm of water to force them to elevate their goods. Textile merchants like Syaiful reported losses from damaged stock, including laundry costs and unsellable items, while a neighbouring trader suffered a significant hit with 50 dozen gamis garments ruined. The persistent flooding has left long-term vendors such as Miran weary after a year of disruptions, highlighting ongoing infrastructure challenges in urban markets.
Mon, 04 May 2026, 07:19 WIB
Ummat Party Leverages AI Technology to Face 2029 Elections
The Ummat Party plans to integrate artificial intelligence (AI) extensively into its strategy to secure seats in the Indonesian House of Representatives for the 2029 elections, building on lessons from verification challenges in the 2024 polls. Party leader Ridho Rahmadi highlighted the use of AI to enhance data accuracy for membership and administrative requirements, while also optimising digital campaigns and social media sentiment analysis without replacing human roles. This approach, supported by recent legal recognition of the party's leadership, aims to expand outreach more effectively and positions the party optimistically after gaining 21 local seats in its debut election.
Mon, 04 May 2026, 07:15 WIB
99,000 Vehicles Pass Through Cikampek Main Toll Gate During May Day Long Holiday
PT Jasamarga Transjawa Tol recorded 99,109 vehicles passing through the Cikampek Main Toll Gate on the Jakarta-Cikampek toll road during the extended May Day weekend from 30 April to 2 May 2026, marking a 7.61% increase compared to normal traffic. Similar surges were observed at other toll gates in Central and East Java, including Banyumanik, Kejapanan Main, and Singosari, with increases ranging from 4.30% to 27.12%. The company urged motorists to prioritise safety, plan trips carefully, ensure vehicle and driver readiness, and maintain sufficient fuel and electronic money balances.
Mon, 04 May 2026, 07:15 WIB
JCI Predicted to Correct Ahead of Indonesia's Inflation and Trade Balance Data Release; Stocks to Watch
The Composite Stock Price Index (JCI) is expected to face further pressure and correct on Monday due to dominant selling sentiment as investors await key Indonesian economic data on inflation and trade balance. Technical analysis indicates support at 6,838 and resistance at 7,022, with potential for short-term rebound if global sentiments remain positive, though historical May volatility and risks from oil prices or US dollar strength could push it below 6,900. Sector rotation is shifting towards banking, consumer, and property stocks amid falling oil prices, with analysts recommending monitoring shares in LSIP, BUMI, JPFA, and HUMI.
Mon, 04 May 2026, 07:12 WIB
11 Companies with Assets Over Rp 250 Billion Ready for IPO
The Indonesia Stock Exchange (BEI) has recorded 11 large-asset companies in the pipeline for Initial Public Offerings (IPOs) on the Indonesian capital market, alongside four medium-asset firms, as of 30 April 2026. These 15 companies span sectors including healthcare, consumer goods, infrastructure, technology, energy, and finance, contributing to a target of 50 IPOs for the year amid a total of 957 listed companies. Additionally, BEI noted significant activity in debt securities and sukuk issuances, raising Rp 58.90 trillion, and three rights issues worth Rp 3.75 trillion, highlighting robust capital market momentum.
Mon, 04 May 2026, 07:12 WIB
LMPV Discounts in May 2026 Reach Rp 28 Million
In May 2026, the Indonesian low multi-purpose vehicle (LMPV) market is buzzing with aggressive discount programmes from major manufacturers to boost sales of family seven-seater cars. Suzuki leads with a Rp 28 million discount on the Ertiga GL model for 2026 production, while Toyota offers Rp 16 million off the Avanza, Mitsubishi Rp 15 million for the Xpander, and Daihatsu Rp 10 million for the Xenia. This intense competition in the LMPV segment, a staple for Indonesian families, presents affordable buying opportunities, though consumers should weigh features, usage needs, and resale value.
Mon, 04 May 2026, 07:10 WIB
Indonesia's Regulations Go Global, Followed by Developed Countries
Indonesia has pioneered a ban on social media accounts for children under 16, set to take effect in March 2026, which is now inspiring similar measures in developed nations like Australia and Norway. Norway plans to introduce legislation this year making tech companies responsible for age verification, while the European Commission is launching an age verification app to protect minors. This trend underscores a growing international commitment to safeguarding children's digital well-being from excessive screen time and algorithmic influences.
Mon, 04 May 2026, 07:04 WIB
Monday: Mobile Samsat Services Available in 14 Jadetabek Areas
On Monday, the Subdirectorate of Registration and Identification under the Metro Jaya Police Traffic Directorate is providing mobile Samsat services across 14 locations in the Jakarta, Depok, Tangerang, and Bekasi (Jadetabek) areas to facilitate annual STNK validations, motor vehicle tax (PKB) payments, and mandatory traffic accident fund contributions (SWDKLLJ). These services are strategically placed in accessible public spots like parking areas, markets, and malls to reduce the need for visits to central offices. While annual taxes can be handled on-site, five-year tax payments and number plate replacements require in-person attendance at the nearest Samsat office, enhancing public convenience and administrative efficiency in the region.
Mon, 04 May 2026, 07:03 WIB
Some Houses in Taman Mangu, Tangsel, Begin to Be Abandoned...
In Taman Mangu Indah, Pondok Aren, Tangerang Selatan, residents are increasingly abandoning their homes due to frequent flooding, even from light rain, leading to "for sale" signs proliferating in the area. Houses near Kali Ciputat suffer the most, with water marks up to 30 cm and cracked, moss-covered roads that allow seepage from the river. Local leaders note that floods now occur multiple times a year, up from once every five years, damaging property and exhausting residents, highlighting broader environmental degradation since the 1990s.
Mon, 04 May 2026, 07:03 WIB
Amid Health Rumours, Finance Minister Purbaya Appears at Mall and Goes Swimming
Finance Minister Purbaya Yudhi Sadewa has been spotted engaging in public activities, including shopping at a Jakarta mall with his wife and sharing a swimming video on TikTok, countering circulating rumours of his hospitalisation due to back pain. Despite admitting to ongoing back issues from fatigue and receiving injections, Purbaya assured his health is stable and confirmed the rescheduled State Budget press conference will proceed on 6 May 2026, following the release of economic growth data. This appearance underscores his commitment to duties amid health concerns, reassuring the public and markets on fiscal transparency.
Mon, 04 May 2026, 07:02 WIB
Jasamarga Data: Surge in Vehicles on Trans Java Toll Road During Labour Day Holiday
PT Jasamarga Transjawa Tol recorded a significant increase in traffic volume on the Trans Java toll road during the Labour Day holiday period from 30 April to 2 May 2026, with 99,109 vehicles passing through the Cikampek Utama toll gate, marking a 7.61% rise from normal levels. While some sections like Kalikangkung and Warugunung saw slight declines, others such as Banyumanik and Kejapanan Utama experienced notable surges, up to 27.12% in the case of Malang-bound traffic. The company urged drivers to prioritise safety, plan trips meticulously, and ensure vehicle readiness to manage the heightened congestion during this extended holiday.
Mon, 04 May 2026, 07:01 WIB
Latest Forecast for Gold and Silver Prices – Disappointing?
Gold and silver prices are expected to remain under pressure this week amid ongoing global uncertainties, with spot gold trading slightly lower at US$4,613.18 per troy ounce. A Kitco News survey indicates a mixed outlook, with 50% of Wall Street analysts predicting an uptick, though hawkish central bank policies and geopolitical factors like US-Iran peace talks could drive further volatility. This reflects the cautious market sentiment as recovery momentum weakens, potentially testing lower support levels around US$4,495 per ounce.
Mon, 04 May 2026, 07:00 WIB
Bank Mandiri Records Surge in Student Savings, SimPel Balance Reaches Rp 354 Billion
PT Bank Mandiri (Persero) Tbk has reported significant growth in its Tabungan Simpanan Pelajar (SimPel) product, with total balances reaching Rp 354 billion by March 2026 and an average balance of Rp 366,000 per account, driven by heightened interest in saving among students. The initiative integrates financial literacy programmes, partnerships with schools across Indonesia, and research-based approaches to promote sustainable financial inclusion from an early age. This effort not only expands access to banking services for students but also fosters long-term financial mindsets, with account growth averaging 117,000 new accounts annually from 2021 to 2025 and a 12% increase in 2026, primarily from high school students in East Java.
Mon, 04 May 2026, 06:56 WIB
International Flights Resume, Belitung's Economy Set to Grow by 8%
The resumption of regular international flights from Singapore's Changi Airport to Belitung marks a significant milestone after five years of effort, expected to boost the island's economy by up to 8% through increased tourism revenue and foreign exchange. Scoot, a low-cost carrier from the Singapore Airlines group, now operates direct flights twice weekly, with the inaugural flight achieving high occupancy from Singaporean tourists. This development, supported by the Coordinating Ministry for the Economy and various government bodies, positions the Tanjung Kelayang Special Economic Zone as a key entry point for international tourism devisa in Indonesia, drawing parallels to successful destinations like Bali and promoting rapid economic multipliers to grassroots levels.
Archive Statistics
349,707
Total Articles
1012
News Sources
1994-2026
Coverage Period