Indonesian Political, Business & Finance News

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JCI Strengthens This Morning as Markets Await Fed Minutes and Foreign Exchange Reserve Data

The Indonesia Composite Index (JCI) continued its upward trend on Wednesday morning, rising by 0.28 per cent. Investors are currently monitoring global economic sentiments, specifically the US trade deficit and the upcoming release of Indonesia's foreign exchange reserve data.

Bambang Widjojanto Strongly Criticises 'Gibran-Specific' Clause in 2024 Presidential Election

Legal counsel Bambang Widjojanto has criticised a specific KPU regulation, alleging it was designed solely to facilitate Gibran Rakabuming Raka's candidacy. He claims the clause constitutes electoral fraud and a violation of the principles of fair and honest elections.

Antam Gold Price Rises by Rp10,000, Reaching Rp2.58 Million per Gram Today

The price of Antam gold increased by Rp10,000 per gram to reach Rp2,580,000 during Wednesday's trading. The update also includes changes to buyback rates and reminders regarding applicable income tax regulations for gold transactions.

Enlit Asia-MKI Electricity Connect 2026 Strengthens ASEAN Energy Collaboration

The Enlit Asia and MKI Electricity Connect 2026 forum held in Tangerang has reinforced Indonesia's position as a regional hub for energy sector collaboration. The event brought together over 11,000 visitors and industry leaders to discuss critical issues such as energy transition, grid modernisation, and decarbonisation.

Man Sentenced to Death Over Facebook Comments

A Sri Lankan migrant worker in Saudi Arabia has been sentenced to death following blasphemous comments made on Facebook. The Sri Lankan government and religious leaders are now engaging in diplomatic efforts to seek clemency from Saudi authorities.

Prabowo Gathers TNI and Polri Leaders at the Palace for Briefing

President Prabowo Subianto has convened the top leadership of the Indonesian National Armed Forces (TNI) and the National Police (Polri) at the Presidential Palace in Jakarta. The gathering is intended for a presidential briefing involving approximately 800 high-ranking officers.

PT PAL Ensures KMP Mahkota Nusantara is Ready to Support Inter-island Connectivity

PT PAL Indonesia is undertaking repairs on the Ro-Ro vessel KMP Mahkota Nusantara to ensure its operational reliability for inter-island transport. This collaboration with PT ASDP Indonesia Ferry aims to strengthen national maritime industry capabilities and support logistics efficiency.

Attending Indonesia Festival in Seoul, Deputy Governor Rano: Strengthening Indonesia-Korea Cultural Diplomacy

Jakarta Deputy Governor Rano Karno attended the Indonesia Festival 2026 in Seoul to promote cultural diplomacy and explore collaborations in the creative economy and film industries. The visit aims to foster concrete partnerships between Jakarta and Seoul, leveraging cultural heritage as an economic driver.

The Fall of Indonesia's Retail King: The Story of the Birth of Matahari and Lippo

An exploration of the historical evolution of Matahari Department Store, from its humble beginnings as a small shop to its era of dominance. The article details the strategic acquisitions and the eventual takeover by the Lippo Group, marking a significant shift in Indonesia's retail landscape.

Bali Power Outage Schedule for 7 October 2026: Check Locations and Times

PT PLN (Persero) has announced scheduled electricity maintenance across several regions in Bali for Wednesday, 7 October 2026. The maintenance work aims to improve the electrical system and ensure supply quality, though it will result in temporary power outages in specific areas.

Entering the Data Centre Business, REAL Acquires This Company

Digital infrastructure issuer PT Repower Asia Indonesia Tbk (REAL), through its subsidiary PT Repower Global Sinergitama (RGST), has signed a Memorandum of Understanding to acquire PT Quanta Tunas Abadi (HIGEN). This strategic move aims to expand the company's footprint in managed services, IT infrastructure, internet, and data centre sectors.

How 7 October Changed the Global Landscape

The events following the 7 October attacks have fundamentally altered the geopolitical order, expanding the conflict from Gaza to include Lebanon, Iran, Yemen, and Syria. This shift has disrupted previous regional integration efforts, such as the Abraham Accords, by re-establishing the Palestinian issue as a central political priority in the Middle East.

Indonesian Neighbour Issues Travel Warning, Advising Citizens to Avoid Saudi Arabia

The Australian Embassy in Saudi Arabia has updated its security advisory, urging citizens to reconsider travel to the kingdom due to rising regional tensions. The warning specifically highlights high-risk areas near the Yemeni border and potential military threats to energy infrastructure.

Air Quality in Pontianak Worsens Due to Forest Fires; PAUD to SMP Students to Study from Home

The Pontianak City Government has implemented remote learning for preschool, primary, and junior high school students due to hazardous air quality caused by forest fires. The policy aims to protect students and educators from the health risks associated with dangerous smoke levels.

Two Thieves Boldly Steal Tower Cables in Bandung, Immediately Apprehended by Police

Two suspects were arrested by the Cicalengka Police after attempting to steal cables from a mobile provider's tower in Bandung Regency. The theft was detected via an automated alarm system, leading to a standoff before the perpetrators surrendered to authorities.

ASEAN Economy 2026: Vietnam Leads, Thailand Struggles, Where Does Indonesia Stand?

The World Bank projects Vietnam to lead ASEAN's economic growth in 2026, driven by high-tech manufacturing and AI exports. Indonesia follows closely with an upgraded growth forecast of 5.2%, while Thailand and Myanmar face the region's lowest growth projections.

Japan hit by series of cyberattacks and data breaches

A wave of separate cyberattacks and unauthorised access incidents has impacted various Japanese institutions, including universities, retailers, and financial services. The breaches have potentially compromised the personal data of millions of customers, students, and staff members across the country.

Antam gold prices rise by Rp10,000 to Rp2.58 million per gram this Wednesday

The price of Antam gold increased by Rp10,000 per gram to reach Rp2,580,000 on Wednesday morning. The buyback price also saw an upward movement, reaching Rp2,391,000 per gram.

SGN distributes 16.5 tonnes of Nusakita sugar for TNI social activities

PT Sinergi Gula Nusantara (SGN) has donated 16.5 tonnes of Nusakita sugar to support social services and low-cost markets held in commemoration of the Indonesian National Armed Forces (TNI) 81st anniversary. The initiative aims to provide essential commodities to the public at affordable prices while supporting national food security.

Danantara Investasi US$ 250 Juta di Perusahaan Migas AS

Danantara Indonesia, through its subsidiary PT Danantara Investment Management, has invested US$250 million in HighPeak Energy, Inc., an oil and gas company operating in the Permian Basin, USA. This strategic move aims to diversify Indonesia's global energy portfolio and includes provisions for technical training and secondment programmes for Indonesian workers.

Archive Statistics

554,457
Total Articles
1013
News Sources
1994-2026
Coverage Period