Indonesian Political, Business & Finance News

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BPS Records 1.13 Per Cent Rise in Farmers’ Terms of Trade in October 2026

Indonesia’s farmers’ terms of trade (NTP) rose 1.13 per cent month on month to 132.60 in October 2026, as prices received by farmers increased more quickly than prices they paid. Horticulture recorded the strongest gain, while livestock and fisheries declined; fish farmers’ terms of trade edged higher even as those of capture fishers fell.

Despite Tensions, US Intelligence Helps Russia’s FSB Uncover Terror Threat in Moscow

Russia’s Federal Security Service (FSB) said information from the United States helped it investigate a suspected threat against the Tsaritsyno Museum and park complex in Moscow, leading to the detention of a Russian teenager. The case highlights continued security cooperation between Washington and Moscow despite geopolitical tensions, while authorities have yet to confirm that the suspect possessed an operational firearm or explosives.

Xi Says Middle East Should Not Become Battleground for Great-Power Rivalry

Chinese President Xi Jinping told Oman’s Sultan Haitham bin Tariq that the Middle East and Gulf should not become arenas for great-power rivalry, and said China would work with Arab states to support lasting peace and stability. Their meeting also highlighted potential closer economic ties, with Haitham expressing interest in a bilateral trade and investment agreement as China remains Oman’s largest trading partner.

Alfamart vs Indomaret: Which Is More Profitable?

Alfamart operator Sumber Alfaria Trijaya reported parent-attributable profit of Rp2.40 trillion in the third quarter of 2026, up 3.8% year on year, while Indomaret parent Indoritel Makmur International posted Rp652.86 billion, down 22.15%. Alfamart’s revenue and gross profit grew, whereas Indoritel faced rising expenses and a fall in profits from associates, contributing to a sharp decline in operating profit.

Revealed: Danantara to Provide PFII’s Initial Capital, with the State Budget Paying Staff Salaries

Danantara will provide the initial cash investment for the Indonesia International Financial Centre Management Agency (LP PFII), while the state budget may fund its operations and staff benefits. The legislation stipulates that Danantara’s investment confers no ownership or control, and requires the agency’s council to submit a spending plan for presidential approval.

Deputy Defence Minister proposes three steps to strengthen ASEAN defence

Deputy Defence Minister Richard Taruli Horja Tampubolon has outlined three ways ASEAN members can deepen defence cooperation, emphasising people-to-people ties, practical joint action and mutual respect. He also highlighted the value of joint exercises and called for ADMM-Plus to remain an open forum for dialogue on regional challenges.

Seluma Regency Receives Rp35.5 Billion from Central Government

Seluma Regency in Bengkulu has secured Rp35.5 billion in central government funding through the Regional Roads Presidential Instruction programme to upgrade three roads with hot-mix asphalt. The projects are being tendered by the National Road Development Centre, with construction expected to begin in November 2026 if there are no obstacles; work on roads in Ulu Seluma is planned for 2027.

Wealth and the Fate of Its Eight Owners on the Day of Judgement: Some Humiliated, Others Honoured

The article says wealth was given by God to support prayer and the payment of zakat, warning that human desire for more is insatiable. It then describes the Islamic account of the Day of Judgement, when humanity will face resurrection, the upheaval of creation and the reckoning of deeds.

Fire in Alas Roban, Batang, Suspected to Have Been Deliberately Started by Illegal Loggers

A fire burned about three hectares of forest in Alas Roban, Batang Regency, Central Java, and authorities suspect it was started deliberately. A joint team extinguished the blaze roughly an hour after it was reported, using basic equipment and firebreaks.

Meureubo and Woyla River Flooding Submerges Homes and Schools in West Aceh

Flooding caused by heavy rain and the overflowing Krueng Meureubo and Krueng Woyla rivers has affected 43 villages across 10 sub-districts in West Aceh since 31 October. Around 600 people have been displaced, public infrastructure has been damaged, and 24 schools have suspended classes.

Rubbish Washed on to Klungkung–Besakih Road After Rain

Heavy rain in Klungkung, Bali, caused dirty water and rubbish to spill from blocked drains onto the Klungkung–Besakih road, forcing motorists to take extra care. The Klungkung public works chief said the national road is under central government authority and pledged to report the flooding to the National Road Implementation Agency for follow-up.

Claude Bans Clone Games to Prevent Copyright Infringement

Anthropic has updated Claude’s system instructions to prevent users from creating clones of existing commercial video games, citing intellectual-property and copyright concerns. The move follows AI-assisted recreations of popular titles and comes as Anthropic faces major copyright claims, including a $1.5 billion settlement with authors and a separate lawsuit brought by Elvis Presley’s estate rights manager.

Indonesia’s Trade Surplus with the US Grows as Deficit with China Widens

Indonesia’s trade surplus fell sharply to US$10.61 billion in January–September 2026, down from US$33.54 billion a year earlier. A larger surplus with the United States was outweighed by widening deficits, particularly with China, while surpluses with the EU and other partners also contracted.

Indonesian Rectors’ Forum Backs Free Public University Tuition, Sets Out Conditions

The Indonesian Rectors’ Forum supports President Prabowo Subianto’s plan to make education free through public universities, proposing that all students admitted to state institutions receive free tuition without means-based criteria. It says the scheme could be funded through a higher education operating grant approved by Parliament, potentially requiring a larger education budget allocation.

Ferry Boboho Reveals Money Request to Tan Kian; Febrie Adriansyah Allegedly Mentioned Rp50 Billion

Ferry Yanto Hongkiriwang told a Jakarta anti-corruption court that Febrie Adriansyah allegedly cited Rp50 billion when discussing a payment sought from property tycoon Tan Kian in connection with the Jiwasraya corruption case. Ferry said Tan ultimately handed over SGD5 million, equivalent to Rp55 billion, in three instalments, and that he briefly held Rp5 billion before returning it to prosecutors.

Pramono Backs Police Efforts to Crack Down on Drugs in Kampung Bahari

Jakarta Governor Pramono Anung Wibowo has pledged full support for police efforts to combat drug trafficking, particularly in Kampung Bahari, North Jakarta. A joint police and National Narcotics Agency operation there resulted in the seizure of drugs and weapons and the detention of suspects, despite resistance from alleged traffickers.

Co-ordinating Minister Bahlil Bans Mineral Exports from Transiting Through Certain Countries

Bahlil Lahadalia has ordered that Indonesian natural resources, including mined commodities and LNG, be exported directly to their destination markets rather than routed through intermediary countries. He said trans-shipment could allow those countries to claim tax revenue and improve their trade balances, but declined to identify which country he had in mind.

Prolonged Drought Drives Up Food and Livestock Feed Prices

A prolonged dry spell in Bali reduced horticultural output, contributing to provincial monthly inflation of 0.25 per cent in October 2026. Red chillies made the largest contribution to inflation, while higher feed costs also pushed up pork prices.

US Deputy Secretary of State Makes Surprise Visit to Indonesia, Meets Danantara

US Deputy Secretary of State for Economic Affairs Jacob Helberg visited Jakarta and met senior Indonesian government officials and Danantara’s chief executive. Discussions focused on advancing more than US$2 billion in US commercial deals in energy and information and communications technology, as well as expanding bilateral trade, investment and cooperation on secure supply chains.

Komnas Perempuan Calls for Review of 11% VAT on Sanitary Pads, Citing Women’s Biological and Economic Burdens

Komnas Perempuan has urged the government to review the 11% effective VAT on menstrual products, arguing that the tax fails to account for women’s reproductive health needs and adds an unavoidable financial burden. The commission also linked the issue to menstrual poverty and Indonesia’s Sustainable Development Goals commitments, saying menstrual products and related sanitation needs must be accessible and affordable.

Archive Statistics

587,438
Total Articles
1013
News Sources
1994-2026
Coverage Period