Indonesian Political, Business & Finance News

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Content of Andrie Yunus's Letter: Rejecting Military Court in the Acid Attack Case

Andrie Yunus, Deputy Coordinator of KontraS, penned two letters from his hospital bed following an acid attack, which were read aloud during a civil society solidarity action in front of the Constitutional Court. In the first letter addressed to the Court, he demands a thorough investigation into the attempted murder and insists that all perpetrators, regardless of civilian or military status, be tried in civilian courts to uphold the constitutional principle of equality before the law. He expresses strong opposition to military courts, labelling them as nests of impunity for human rights violations by military personnel.

BI Governor: Room for BI-Rate Cuts Increasingly Limited Amid War

Bank Indonesia Governor Perry Warjiyo has indicated that the scope for further reductions in the BI-Rate is narrowing due to global uncertainties stemming from the Middle East conflict, prompting a recalibration of monetary policies to prioritise stability. BI is maintaining the rate at 4.75% while enhancing SRBI auctions to attract inflows and continuing to purchase government securities worth Rp90.05 trillion year-to-date. This shift reflects deteriorating global economic prospects, including surging oil prices to $122.95 per barrel, rising gold prices, and outflows from emerging markets amid a strengthening US dollar.

Prabowo warns of threats from food, energy, and water crises

President Prabowo Subianto has cautioned his cabinet about impending global crises in food, energy, and water, emphasising these as fundamental threats to national security that align with the UN's Sustainable Development Goals. He highlighted Indonesia's relative abundance of water resources, despite challenges in eastern regions, and stressed the need for better environmental management to prevent shortages. The briefing, attended by ministers and senior officials, aims to ensure unified understanding and implementation of government policies.

Prabowo Makes a Breakthrough: Hajj Waiting List Previously 48 Years, Now Just 26 Years

President Prabowo Subianto has announced a significant reduction in the Hajj pilgrimage waiting time for Indonesian pilgrims, shortening it from 48 years to a maximum of 26 years starting in 2026. This achievement comes alongside a Rp2 million decrease in Hajj costs for the same year, despite rising aviation fuel prices, demonstrating the government's commitment to protecting lower-income citizens. These measures reflect ongoing efforts by the administration to expedite and make the pilgrimage more accessible for Indonesians.

DPR Members Criticise Distance of Indonesian Hajj Pilgrims' Hotels in Saudi Arabia, Highlighting Security Risks

Members of Indonesia's House of Representatives Commission VIII have criticised the remote locations of hotels assigned to Indonesian hajj pilgrims in Saudi Arabia, which exceed agreed distance limits and pose significant security risks. During a working meeting with the Ministry of Hajj and Umrah and the Hajj Financial Management Agency, lawmakers expressed shock at accommodations like Al-Hidayah, located nearly 13 kilometres from worship centres, potentially disrupting pilgrims' focus and increasing chances of them getting lost. They urged stronger tracking systems and preventive measures to avoid past incidents of missing pilgrims, emphasising the state's duty to ensure safety.

Commitment to Sustainable Energy: Pertamina Secures 14 PROPER Gold and 108 Green Awards from KLHK

PT Pertamina (Persero) has achieved a remarkable 14 PROPER Gold awards and 108 Green awards from the Ministry of Environment and Forestry, representing 35% and 44% of the national totals respectively, highlighting its leadership in environmental management. The company's CEO received the Green Leadership award, underscoring Pertamina's role in driving green energy transitions and circular economy initiatives aligned with Indonesia's Vision of Golden Indonesia 2045. These accomplishments demonstrate tripled decarbonisation efforts and doubled renewable energy use, positioning Pertamina at the forefront of national energy sustainability.

Danantara: Farmers' Sugar Purchase of Rp 1.5 Trillion Not Yet Optimal

Danantara's injection of Rp 1.5 trillion to ID Food for purchasing farmers' sugar has failed to make a significant impact due to the massive volume of unsold produce amid leaks of refined sugar into the market, as stated by COO Dony Oskaria during a meeting with DPR Commission VI. The stockpile of 65,000 tonnes of farmers' sugar in East Java factories highlights the peak harvest challenges in July and August 2025, exacerbating losses for state-owned enterprises like Sugar Co, which incurred Rp 680 billion in damages last year from uncontrolled sugar imports. Dony emphasised the urgent need for a comprehensive overhaul of the national sugar industry in line with President Prabowo's directives to address ongoing market distortions and support local producers.

Prabowo Reminds Government Elites: 70% of East Asia's Energy Passes Through Indonesian Waters

President Prabowo Subianto has issued a stern reminder to government officials about Indonesia's pivotal strategic role in global energy and trade, highlighting that approximately 70% of East Asia's energy needs and international trade flows pass through Indonesian seas, particularly the Malacca, Sunda, and Makassar Straits. He urged the administration to operate with heightened precision and responsibility amid escalating global energy crises, emphasising Indonesia's indispensability to major economies like China, Japan, and South Korea. This call to action underscores the need for strategic governance to safeguard national interests in an increasingly complex geopolitical landscape.

Indonesia Set to Build Rare Earth Mineral Processing Plant Soon

PT Timah is gearing up to construct a rare earth mineral processing plant, with groundbreaking scheduled for 20 May 2026, following direct instructions from President Prabowo Subianto to accelerate the project and achieve monetisation within two years. This initiative marks a significant step for the company, leveraging its decades of tin management experience to tap into the high-value potential of rare earth minerals used in power generation, solar energy, and electric vehicles. The collaboration with the newly formed Perminas will support the execution of government programmes, potentially multiplying the economic value of associated tin minerals by tens of times.

Prabowo Surprised by His Melodious Voice on YouTube Despite Inability to Sing

President Prabowo Subianto expressed astonishment at advanced AI-generated videos on YouTube depicting him speaking Mandarin and Arabic, as well as singing melodiously, despite his self-admitted poor singing ability. He noted that during his campaign, he chose not to correct potentially beneficial fakes in the "tapal kuda" region of East Java, but warned of the technology's dangers for spreading slander and misinformation. Prabowo urged vigilance against such deepfakes, viewing them as warnings to stay alert.

Prabowo: One Day of Rain in Bogor Equals One Year of Rain in Australia

President Prabowo Subianto has assured that Indonesia does not face water supply issues, emphasising that the country actually has an excess of water. He highlighted that a single day's rainfall in Bogor, West Java, equates to the annual rainfall in Western Australia, as stated during a briefing to ministry officials at the Presidential Palace in Jakarta. While acknowledging water shortages in eastern Indonesia and certain islands, Prabowo stated that these challenges can be addressed.

EGI Resources Develops Indonesian-Themed Hotel in Samarkand, Expands into Central Asia

EGI Resources has expanded its business into Central Asia by entering the property and hospitality sectors in Samarkand, Uzbekistan, focusing on the rapidly growing religious tourism destination. The company signed two cooperation agreements at the Uzbekistan-Indonesia Cooperation Forum 2026 in Jakarta, including a partnership to build an international-standard hotel near the Imam Bukhari Mausoleum complex and the acquisition of an existing hotel asset for revitalisation with an Indonesian cultural theme. This initiative, supported by local Uzbek authorities, aims to strengthen bilateral investment ties between Indonesia and Uzbekistan, particularly in tourism and lifestyle sectors.

Finance Minister: Budget for SPPG Head Motorcycles to Be Included in 2025, Not This Year

Indonesia's Finance Minister Purbaya Yudhi Sadewa has clarified that the budget for providing motorcycles to heads of Nutrition Fulfilment Service Units (SPPG) is allocated for 2025 and not included in this year's procurement, dismissing any current spending on the matter. The National Nutrition Agency (BGN) head Dadan Hindayana confirmed that the electric motorcycles, intended to support SPPG operations, number 21,801 units out of 25,000 ordered, with distribution starting in December 2025 after administrative processes as state assets. This statement addresses circulating social media hoaxes claiming 70,000 units, urging the public to verify information before sharing.

Continuous Rain Causes Cracks on Cisumdawu Toll Road Towards Bandung-Cirebon

The Cisumdawu Toll Road in West Java has developed an 80-metre-long crack with a depth of 2 metres at kilometre marker 207A in the direction from Bandung to Cirebon, attributed to persistent heavy rainfall and potential drainage system flaws. Traffic has been temporarily diverted with contraflow measures implemented for safety, while short-term repairs include signage, speed reductions, and temporary filling of the cracks. Long-term solutions involve geotechnical analysis and the installation of deep bore piles to reinforce the structure, underscoring the vulnerabilities of Indonesia's infrastructure to extreme weather and the need for robust maintenance.

Frequent Overseas Trips: Prabowo Explains He's Securing Oil Supplies by Travelling Everywhere!

President Prabowo Subianto has defended his frequent international travels, stating they are essential for securing oil availability and prices amid escalating global conflicts, rather than for leisure. During a briefing at the Presidential Palace, he outlined upcoming trips to negotiate deals, including a recent one to Japan, and expressed optimism about Indonesia's bright future despite global challenges. Prabowo emphasised the demanding nature of the presidency, urging future leaders to prepare for its heavy responsibilities without holidays.

Amid Global Crisis, Prabowo: Our Nation is Far Better Off than Other Countries

President Prabowo Subianto has reassured Indonesians that the country is in a much stronger position compared to others amid the global crisis triggered by the Middle East conflict, particularly the surge in energy prices. Speaking at a government working meeting, he highlighted Indonesia's relative safety and ability to tackle emerging challenges, following coordination with relevant ministries. The recent US-Iran ceasefire agreement has led to a sharp decline in global oil prices, easing previous supply disruptions.

Prabowo Claims Indonesia Would Be Among the Safest Countries if World War 3 Breaks Out

President Prabowo Subianto has asserted that Indonesia would rank among the safest nations globally in the event of a third world war, highlighting its strategic position. During a briefing at the Palace in Jakarta, he expressed strong confidence in Indonesia's bright future amid global challenges and announced plans to establish a special financial centre. This optimistic outlook underscores Prabowo's vision for Indonesia's resilience and economic prospects.

Presidential Special Envoy Raffi Ahmad Praises East Kalimantan's Great Potential

Presidential Special Envoy for Youth Development and Arts Workers, Raffi Ahmad, visited the Mulawarman Military Regional Command in Balikpapan, East Kalimantan, highlighting the province's vast potential in youth, natural resources, arts, and culture. He praised the growth of micro, small, and medium enterprises (MSMEs) and creative industries, urging continued support to foster young talent. The visit, welcomed with traditional Dayak customs, included talks, awards for outstanding youth and artists, and collaborative efforts with the military to build resilient and competitive generations while preserving cultural values.

US-Iran Ceasefire, Pertamina Seeks to Get Ships Out of Strait of Hormuz

Amid reports of a US-Iran ceasefire, PT Pertamina International Shipping is working to navigate two of its vessels through the Strait of Hormuz, a critical global oil supply route. The ships, VLCC Pertamina Pride carrying crude oil for domestic needs and Gamsunoro transporting consumer cargo, are currently in the Arabian Gulf, with the company prioritising crew safety and 24-hour monitoring of the Middle East situation. This effort follows US President Donald Trump's announcement of a two-week ceasefire conditional on reopening the strait, which Iran had blocked during the conflict, allowing passage only to vessels from select countries.

Prabowo gathers ministers and senior officials for strategic briefing

President Prabowo convened a plenary meeting with ministers and senior officials to enhance cross-institutional coordination and align visions amid national and global challenges. The gathering aimed to synchronise government efforts, outline directives, and boost morale for the optimal execution of programmes focused on national interests. Officials emphasised the need for a strong bureaucracy and prudent responses to complex geopolitical dynamics to ensure Indonesia thrives in uncertain times.

Archive Statistics

315,902
Total Articles
1012
News Sources
1994-2026
Coverage Period