Indonesian Political, Business & Finance News

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Ministry of Agriculture Prepares 5.9 Billion Sugarcane Seedlings by 2026 to Pursue Sugar Self-Sufficiency

Indonesia's Ministry of Agriculture is preparing 5.9 billion sugarcane seedlings by 2026 as part of an accelerated plan to achieve national sugar self-sufficiency, with the programme targeting the distribution of seedlings across 10 provinces and 74 districts covering approximately 99,547 hectares. Agriculture Minister Andi Amran Sulaiman emphasised that the initiative encompasses comprehensive agricultural reforms from upstream production through downstream marketing, with the goal of increasing national sugar production to around 3 million tonnes by 2026 whilst improving smallholder farmer incomes and reducing Indonesia's dependence on sugar imports.

Indonesia targets 5.9 billion sugarcane buds in 2026 to achieve sugar sufficiency

Indonesia's Agriculture Ministry plans to distribute 5.9 billion sugarcane buds in 2026 across 99,547 hectares in 10 provinces to boost domestic sugar production to three million tons by 2026. The government acceleration programme, which began in 2025, aims to expand smallholder cultivation, improve productivity through better planting materials, and reduce the country's reliance on sugar imports as part of its food sovereignty agenda.

Hajj Finance Bill to Regulate Instalments and Investment by BPKH

The Indonesian House of Representatives has designated a bill amending the 2014 Hajj Finance Management Law as a legislative initiative, which will establish regulations for pilgrims to make instalment payments whilst awaiting departure schedules and for the Hajj Financial Management Authority (BPKH) to maintain capital reserves from operational surpluses. The bill also authorises BPKH to establish subsidiaries and undertake direct investments both domestically and in Saudi Arabia within the hajj and umrah ecosystem, whilst strengthening its involvement in determining annual hajj implementation costs.

Military Court System Should Remain Separate from Ordinary Courts, TNI Argues at Constitutional Court Hearing

At a Constitutional Court hearing on 12 March 2026, TNI Inspector General Laksdya Hersan argued that military courts must remain separate from the ordinary court system, citing the need for specialised judicial procedures tailored to military personnel's unique status within the national defence structure. Hersan emphasised that military courts, as a sub-judicial body under the Supreme Court, do not grant impunity to TNI members and align with Indonesia's constitutional framework, whilst urging the court to reject the petitioners' application for judicial review of Law No. 31 of 1997 on Military Courts.

Over 600 Police Personnel Ready to Secure Eid Holiday Travel Flow on Major Routes and Toll Roads in Cimahi-West Bandung

More than 600 Indonesian National Police (Polri) personnel have been deployed to secure Eid holiday travel along major arterial routes and toll roads in Cimahi, West Bandung Regency, and Margaasih during Operation Ketupat Lodaya 2026 (13-25 March 2026). Twelve service posts have been established across the Cimahi Police District jurisdiction to assist holiday travellers, with operations focused on key transit corridors including toll routes from Jakarta to Cikampek, Purwakarta, and Padalarang, as well as non-toll routes through various regional connections.

Defence Minister: Indonesia Scales Back Gaza Troop Deployment to 8,000 from Planned 20,000

Indonesia has adjusted its planned military deployment to Gaza, reducing from an initial 20,000 personnel to 8,000 troops for the International Stabilization Force (ISF), as other nations plan to send only hundreds of soldiers. Defence Minister Sjafrie Sjamsoeddin indicated that the deployment is contingent on developments within the Board of Peace (BoP) and emphasised Indonesia's commitment to balancing national interests with humanitarian considerations.

Oman withdraws all oil tankers amid Middle East tensions

Oman has evacuated all vessels from its primary oil export terminal at Mina al-Fahal as a precautionary measure amid escalating security concerns in the region. The evacuation reflects broader concerns about potential attacks on energy infrastructure and oil tankers in the Arabian Gulf, which supplies a significant portion of global oil production.

Parliamentary Budget Committee Chief States Free Nutritious Meal Programme Must Proceed as Mandatory Education Budget Item

The head of the parliamentary Budget Committee, Said Abdullah, has confirmed that the Free Nutritious Meal (MBG) programme must continue as it falls within the mandatory education budget category and cannot be deferred or discontinued. The committee chair has urged the government to prioritise spending on essential programmes whilst deferring non-urgent initiatives if necessary, though the finance minister has assured that education allocations will remain secure despite the MBG implementation.

Danantara Marks First Year, Strengthens State Asset Governance

Danantara Indonesia celebrated its first anniversary with President Prabowo Subianto and cabinet members, reaffirming its commitment to strengthening governance of state assets and supporting national economic development. The state investment management institution, comparable to global sovereign wealth funds, emphasized the importance of integrity, disciplined governance, and long-term orientation to maximise benefits for Indonesian citizens. As part of its first-year commitment, Danantara distributed 88,000 school supply packages to children across Indonesia through state-owned enterprises.

World Shocked! Silver Price Collapses, Falls More Sharply Than Gold

Silver prices have fallen significantly more sharply than gold following geopolitical tensions, with silver declining 7.4% since the Iran-Israel-US conflict erupted on 28 February 2026, compared to gold's 2.05% drop. The steeper decline in silver is attributed to its dual nature as both a precious metal and industrial commodity, making it more sensitive to economic shifts, whilst increased margin requirements on silver futures contracts at CME have triggered forced liquidations among leveraged traders.

Market Requires Certainty; Analysts Explain the Necessity of Promptly Appointing OJK Leadership

Market analysts have emphasised the importance of expediting the selection of OJK (Financial Services Authority) Board of Commissioners members to provide certainty for Indonesia's financial markets. Senior analysts warn that delays in leadership appointments could destabilise markets during volatile global economic conditions, including geopolitical tensions and currency pressures affecting the rupiah.

Bulog Kediri confirms rice stocks are secure for Eid 2026

State-owned rice producer Bulog's Kediri branch has confirmed adequate rice stocks of 70,000 tonnes, sufficient to meet public demand through Eid 2026. The branch is actively absorbing rice paddy from farmers at the government-set price of Rp6,500 per kilogram, with approximately 23 per cent of its 2026 target of 73,000 tonnes already procured. The stockpiling programme is supported by partnerships with 27 distribution partners equipped with modern drying facilities.

Russian Media Reports Iran Will Attack US Data Centres in Arab Nations

According to Iranian diplomatic sources cited by Russian media outlet RIA Novosti, Iran may launch attacks against data centres located in Arab countries that the United States uses for military operations against Iran. The reported threat follows a 28 February joint US-Israel assault on Iran that killed Supreme Leader Ayatollah Ali Khamenei, prompting Iran's declaration of 40 days of mourning and retaliatory strikes against Israeli and American military targets across the Middle East. Russia has condemned the attacks as a violation of international law and called for immediate de-escalation.

Illegal Parking Outside East Jakarta Police Station Repeatedly Cleared But Continues to Reappear

Authorities in East Jakarta have repeatedly conducted enforcement operations against illegal parking outside the East Jakarta Metro Police Station, but the problem persists as vehicles continue to use the roadside despite prominent no-parking signs. On Thursday, 75 transport officials accompanied by 25 TNI and police personnel removed four vehicles, with local officials urging drivers to use designated parking facilities at nearby shopping centres and markets instead.

Trump Signals End to US-Iran War, Analysts Warn It's Premature

US President Donald Trump has claimed that the war with Iran "will soon end," but experts remain sceptical about the assertion. According to Gadjah Mada University's Professor of Middle Eastern Geopolitics Siti Muti'ah Setyawati, Trump's statement is based on assumptions about the effectiveness of US strikes against strategic Iranian targets, including operations that resulted in the death of Supreme Leader Ayatollah Ali Khamenei in February 2026 and civilian casualties. The US, working with Israel and operating from British military bases in West Asia, has launched over 1,700 strikes across Iran within the initial 72 hours of Operation Epic Fury, with deployment of B-52 bombers bolstering US confidence.

Indonesia eyes US$50 billion a year from Danantara's asset returns

Indonesia's President Prabowo has set an ambitious target for Danantara, the state sovereign wealth fund, to contribute US$50 billion annually based on a 5 percent return on assets (ROA), with expectations to eventually reach 10–15 percent ROA in the future. The fund, established to consolidate and optimise state assets and state-owned enterprises, achieved a 300 percent increase in ROA during its first year of operation, demonstrating the potential of professionally managed state assets.

South Sumatra Police Ensure Fuel and LPG Distribution Runs Smoothly During Ramadan and Eid Holiday Rush

South Sumatra Police (Polda Sumsel) strengthened coordination with PT Pertamina Patra Niaga to ensure secure distribution of fuel and vital energy infrastructure ahead of Ramadan and the Eid holiday mass exodus, addressing concerns over petrol station queues and potential disruption. Police Chief Irjen Sandi Nugroho emphasised the need for strict monitoring to prevent hoarding and illegal distribution, with particular focus on mapping vulnerable distribution points along toll roads and arterial routes. The partnership underscores fuel distribution's critical importance to social and economic stability across South Sumatra and five surrounding provinces.

OJK Monitors Impact of Global Geopolitical Sentiment on Indonesian Capital Market

The Financial Services Authority (OJK) has pledged to closely monitor geopolitical developments affecting Indonesia's capital market industry, with executive head Hasan Fawzi emphasising that global geopolitical tensions and domestic economic conditions significantly influence investor sentiment. The OJK will continue advancing integrity reforms, strengthening law enforcement, and improving transparency to establish Indonesia's capital market as a credible and comfortable investment destination for both domestic and international investors.

Nadiem Makarim Denies Conspiracy Allegations in Chromebook Procurement Case Hearing

Former Education Minister Nadiem Makarim testified as a key witness on 10 March 2026, denying allegations of involvement in a conspiracy related to alleged corruption in the procurement of educational Chromebook devices. Makarim contended that the conspiracy charges under Article 55 of the Criminal Code lack clear evidence, asserting that his focus as minister was digital transformation through software strengthening rather than hardware procurement, with procurement decisions made by budget authority officials and technical officers at the directorate general level.

Aggravating Factors in Nine-Year Prison Sentence Demand for Ammar Zoni: Three Prior Drug Convictions

Former entertainer Ammar Zoni faces a nine-year prison sentence demand in a drug trafficking case prosecuted at Jakarta Central District Court, with prosecutors citing three previous drug-related convictions and his denial of the charges as aggravating factors. Six defendants in total appeared in the case, with varying sentences ranging from six to nine years imprisonment, alongside substantial fines and alternative custodial periods.

Archive Statistics

283,460
Total Articles
1012
News Sources
1994-2026
Coverage Period