Indonesian Political, Business & Finance News

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Anies Says Acid Attack on Andrie Yunus Is Not an Ordinary Crime

Former Jakarta Governor Anies Baswedan has described the acid attack on activist Andrie Yunus as more than a mere criminal act, viewing it as an assault on democratic struggles and a planned, organised operation rather than a spontaneous incident. He urged law enforcement to investigate thoroughly, uncovering the masterminds and those issuing orders behind the attack, while emphasising the need for transparency to avoid punishing only the lowest-level perpetrators. The incident occurred on 12 March 2026 in central Jakarta, highlighting concerns over threats to activists and the integrity of legal processes in Indonesia.

Anies Urges Andrie Yunus Case to Be Processed in General Court

Former Jakarta Governor Anies Baswedan has called for the case of the alleged acid attack on activist Andrie Yunus to be handled through the general court to ensure transparency and uncover the intellectual actors behind it. He criticised the tendency in violence cases to only prosecute low-level perpetrators while masterminds remain untouched, emphasising that this incident is not a mere ordinary crime but an assault on democracy advocates. Anies urged law enforcement to thoroughly investigate the case, including those who issued the orders, in a statement from a coalition condemning the violence allegedly perpetrated by four TNI members.

Will the Rp1 Fare Still Apply on 22 March 2026? Here's the Explanation and Full Schedule

The Indonesian government has announced a special Rp1 fare for public transportation in Jakarta and surrounding areas during the first two days of Eid al-Fitr 2026, on 21 and 22 March, to facilitate high mobility during the holiday period and encourage the use of public transport. This policy covers key services including Transjakarta, MRT Jakarta, LRT Jakarta, and LRT Jabodebek, allowing commuters to travel affordably without restrictions. Users must adhere to specific payment methods such as electronic cards and apps, with the fare reverting to normal after 22 March, highlighting the government's efforts to support festive travel.

Indodax Says Crypto Market Movements Influenced by FOMC Outcomes

Indodax's Vice President Antony Kusuma has stated that the cryptocurrency market, particularly Bitcoin prices, is being swayed by the Federal Open Market Committee's (FOMC) decision to maintain tight monetary policy and revise inflation projections upwards. Bitcoin dropped to around US$70,000 following the announcement, despite prior gains driven by institutional inflows into spot Bitcoin ETFs totalling US$1.16 billion over seven days. This hawkish stance from the US Federal Reserve limits liquidity for risky assets like crypto, though key support levels at US$70,000–72,000 may stabilise short-term movements if held.

Moment When SBY to Jokowi Attend Halal Bihalal at the Palace, Immediately Welcomed by Prabowo

President Prabowo Subianto hosted a traditional open house and halal bihalal event at the Presidential Palace in Jakarta to mark Eid al-Fitr 1447 Hijriah, personally welcoming former Presidents Susilo Bambang Yudhoyono (SBY) and Joko Widodo (Jokowi) along with their families. The gatherings, which included brief conversations and handshakes, underscored a display of unity among Indonesia's political leaders during the festive occasion. The event also drew thousands of members of the public, continuing a routine tradition of opening the palace to citizens during Eid celebrations.

Traders at Kampung Rambutan Terminal Reap Turnover Exceeding Rp8 Million Per Day During Eid Exodus Period

The Eid al-Fitr 2026 homecoming rush has brought a significant economic boost to traders at Jakarta's Kampung Rambutan Terminal, with daily turnovers surging to over Rp8 million for some vendors compared to their usual Rp1 million. Vendors like Jalal, selling Nasi Padang, and Rian, operating a food stall, reported profits up to eight times higher during peak days, driven by the influx of travellers. This seasonal surge highlights the vital role of small businesses in Indonesia's economy during major holidays, though activity notably declined on the eve of Eid.

Yaqut Placed Under House Arrest, KPK: Request from Family

The Corruption Eradication Commission (KPK) has transferred former Minister of Religious Affairs Yaqut Cholil Qoumas from detention in the KPK facility to house arrest following a request from his family, effective from Thursday evening. This temporary change, approved under relevant provisions of the Criminal Procedure Code, ensures continued supervision and security by the KPK. The move has raised questions among other detainees, who noted Yaqut's absence during Eid al-Fitr prayers at the KPK mosque.

Former Religious Affairs Minister Yaqut Placed Under House Arrest Since 19 March!

The Corruption Eradication Commission (KPK) has switched the detention status of former Minister of Religious Affairs Yaqut Cholil Qoumas, a suspect in the Hajj quota corruption case, to house arrest effective from 19 March 2026. This decision followed a request from Yaqut's family on 17 March and was approved under provisions of the Criminal Procedure Code, with KPK ensuring ongoing supervision. The case, which allegedly caused state losses of Rp622 billion according to the Supreme Audit Agency, saw Yaqut initially detained on 12 March after his pre-trial motion was rejected.

Officers temporarily implement contraflow on Japek Toll Road to address congestion

Traffic on the Jakarta-Cikampek Toll Road was dense during Eid, prompting authorities to implement contraflow measures from KM 47 to KM 70 on Saturday afternoon to evening to ease the flow towards East Java. The contraflow, decided by police discretion, was lifted by 18:02 WIB as conditions normalised. PT Jasamarga Transjawa Tol urged motorists to prioritise safety, ensure vehicle readiness, maintain electronic money balances, follow on-site instructions, and prepare for potential rain by keeping safe distances and adjusting speeds.

KPK Confirms Ex-Religious Affairs Minister Yaqut Did Not Spend Eid in Detention

The Corruption Eradication Commission (KPK) has confirmed that former Minister of Religious Affairs Yaqut Cholil Qoumas, a suspect in the Hajj quota corruption case, was not present at the KPK detention centre during Eid al-Fitr celebrations on 21 March 2026, having been removed on 19 March. This revelation came after the wife of another suspect, Immanuel Ebenezer Gerungan, reported rumours among inmates about Yaqut's absence, including during Friday prayers. The case, which allegedly caused state losses of Rp622 billion according to the Supreme Audit Agency, highlights ongoing scrutiny of high-level corruption in Indonesia's religious affairs administration.

Bitcoin Stuck at US$70,000 Level, Here's the Analysts' View

Bitcoin's price has been fluctuating around US$70,000 amid heightened geopolitical tensions and the US Federal Reserve's recent decision to hold interest rates steady between 3.5% and 3.75%. Despite brief surges to nearly US$74,000 and a peak at US$76,000, the cryptocurrency has faced downward pressure from military actions and Fed Chair Jerome Powell's comments on inflation and the economy. Analysts like Michaël van de Poppe and CryptosRus suggest current technical patterns indicate potential bearish lows similar to past cycles, while CryptoQuant's burakkesmeci highlights strong demand support evidenced by consistent Bitcoin outflows from Binance, bolstering price resilience.

Freeport's Grasberg Block Cave Mine Production Targeted to Normalise in Two Weeks

PT Freeport Indonesia anticipates resuming and ramping up production at its Grasberg Block Cave mine in 2-3 weeks, following a landslide disruption, with targets of 1.1 billion pounds of copper and 800,000 troy ounces of gold this year despite technical challenges. The company prioritises production over revenue targets, which depend on market prices, and plans to increase investments by USD 20 billion over the next 20 years as part of a recent MoU with the Indonesian government on critical minerals. This development underscores Freeport's commitment to long-term operations in Indonesia, boosting economic contributions through taxes and downstream processing.

Polri states no significant incidents disrupting public security and order stability

Indonesian National Police (Polri) reported no major incidents affecting public security and order during the first nine days of Operation Ketupat 2026, with traffic accidents resulting in 15 deaths and material losses exceeding Rp695 million. Traffic volumes into and out of Jakarta have decreased significantly, leading to the suspension of the national one-way traffic system, while police shift focus to securing Eid al-Fitr celebrations and preparing for post-holiday mobility. The operation's success highlights strong inter-agency collaboration, including with the military and various ministries, emphasising public safety during the festive period.

Kabapanas: Food Price Fluctuations During Ramadan and Eid al-Fitr Remain Stable

The Head of the National Food Agency (Kabapanas) and Minister of Agriculture, Andi Amran Sulaiman, has assured that food price fluctuations during Ramadan and Eid al-Fitr 1447 Hijriah are under control to safeguard public purchasing power, in line with presidential directives. The government has achieved self-sufficiency in nine strategic food commodities and is implementing interventions such as the Stabilisation of Food Supply and Price (SPHP) programme, distributing 42,300 tonnes of rice by mid-March towards a 828,000-tonne target, and the Affordable Food Movement (GPM) across Indonesia, including special outlets for premium frozen chicken and affordable beef. President Prabowo Subianto praised these efforts amid global uncertainties like the Middle East conflict, emphasising the importance of food security and self-sufficiency inspired by Indonesia's founding father Soekarno.

A Different Eid al-Fitr for Iran Amidst War Against US-Israel

Iranians marked Eid al-Fitr 1447 Hijriah on 21 March 2026 under the shadow of ongoing conflict with the United States and Israel, performing prayers in Tehran and other cities despite the risks of bombardment. Supreme Leader Ayatollah Mojtaba Khamenei extended greetings to Muslims worldwide while expressing condolences for the victims of recent wars, including a Zionist attack in June that killed around 1,000 people and the broader US-Israel assault that began on 28 February, resulting in the deaths of high-ranking officials. This observance highlights the resilience of the Iranian people amid escalating military and security challenges in the past year.

Polri Traffic Corps Prepares National One-Way Scheme for Peak Return Flow, Here's the Plan

The Indonesian National Police Traffic Corps is set to implement a national one-way traffic system on 24 March 2026 to manage the peak return flow during Eid al-Fitr, starting from kilometre marker 414 in Kalikangkung, Semarang, and potentially extending to kilometre 70 on the Jakarta-Cikampek toll road if vehicle volumes remain high. This measure aims to ensure smoother and safer travel for millions returning home after the holiday. The government's work-from-anywhere policy is being leveraged to encourage staggered returns from 25 to 29 March, dispersing the peak traffic load.

Global Gold Prices Plummet Nearly 10%, Worst in 15 Years

Global gold prices have plunged by 9.6% this week, marking the largest weekly loss since September 2011, amid escalating geopolitical tensions in the Middle East and surging oil prices that have heightened economic concerns. While gold remains up over 5% year-to-date in 2026, the sharp reversal reflects investors pulling out of momentum-driven positions, with silver also experiencing significant declines. Analysts suggest this correction could pave the way for future gains, as broader market volatility impacts commodities and stock indices like the Dow Jones and Nasdaq.

Anies Highlights Concerns over Freedom of Speech and Attacks on Activists

Former Jakarta Governor Anies Baswedan has expressed concerns about threats to freedom of speech and apparent attacks on democracy activists, including the acid attack on KontraS activist Andrie Yunus. Speaking during Eid al-Fitr celebrations, he urged a return to the nation's foundational principles as enshrined in the Preamble of the 1945 Constitution. This statement underscores growing worries about democratic backsliding and Indonesia's international role amid recent incidents.

Djarot Surprised as Jakarta Deputy Governor's Office Transformed Like This

Former Jakarta Deputy Governor Djarot Saiful Hidayat expressed surprise at the revamped office space during an Open House at City Hall, noting partitions and Betawi ethnic elements that reflect current Deputy Governor Rano Karno's cultural affinity. He viewed the changes positively as necessary adjustments and appreciated the tidier governor's office. The visit also allowed Djarot to reconnect with old colleagues, strengthening bonds during the Eid festivities.

KPK: Yaqut's House Arrest Status is Not Permanent

Indonesia's Corruption Eradication Commission (KPK) has clarified that the house arrest status of Yaqut Cholil Qoumas, a suspect in the alleged Hajj quota corruption case and former Minister of Religious Affairs, is not permanent. This arrangement, requested by his family on 17 March 2026 and effective from 19 March, will be monitored by the KPK, with updates on its duration to be provided to the public. The case, which reportedly caused state losses of Rp622 billion according to the Supreme Audit Agency, underscores ongoing efforts to combat high-level corruption in religious affairs administration.

Archive Statistics

296,429
Total Articles
1012
News Sources
1994-2026
Coverage Period