Indonesian Political, Business & Finance News

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More Than 1,000 Hectares of Land Burned in West Java

West Java’s disaster management agency reported 526 land-fire incidents during the dry season, affecting more than 1,000 hectares across 357 villages and urban wards. Drought has affected 879 villages and urban wards, with 1.4 million people impacted; authorities have distributed 40 million litres of water to affected areas.

China Encircles Taiwan Near Indonesian Waters, Raising Fears of an Asian War

China says its coastguard is maintaining order around the Taiwan-controlled Pratas Islands, while Taipei accuses Beijing of provocative incursions and attempts to assert jurisdiction. The dispute underscores rising tensions in the South China Sea, as Taiwan warns that China may increasingly use law-enforcement patrols to press its claims before any move towards unification.

West Java Governor banks on Nyari Gawe to boost investment

West Java Governor Dedi Mulyadi is relying on the Nyari Gawe job-matching service to help ensure investment growth translates into employment opportunities. By 21 October 2026, the platform had recorded more than 728,000 jobseekers and 2.4 million applications, while 1,282 applicants had secured jobs; the province reported Rp91 trillion in investment in the third quarter, the highest among Indonesian provinces.

Serang Couple Posed as Factory Job Brokers to Defraud Jobseekers, Causing Losses of Tens of Millions of Rupiah

Police in Serang have arrested a husband and wife accused of taking Rp 26.4 million from eight jobseekers by promising them jobs at a factory. The case has prompted renewed warnings from the local manpower office about recruitment scams and calls for companies to recruit directly and ensure the process is free of charge.

Two Years of Prabowo’s Government: Economy Grows, Workers’ Wages Rise, Says Bakom

Government Communications Agency head Syahganda Nainggolan says Indonesia’s economy grew by more than 5 per cent during President Prabowo Subianto’s first two years, with growth reaching 5.61 per cent in the first quarter of 2026. He also cites rising farmer and fisher terms of trade and average wage increases of 6.5 per cent, while acknowledging that about 11 million people have slipped from the middle-income group into the lower-middle class, an issue the government says it will focus on in 2027.

Bareskrim Uncovers Online Gambling Case Involving Boxkia Website; Four Arrested

Indonesia’s Criminal Investigation Agency has arrested four suspects in an alleged online gambling operation run through Boxkia.com, whose games used virtual currency and offered physical prizes. Investigators are examining electronic evidence and financial flows, including suspected money laundering, and plan to search the site’s reported office.

Justice Minister Says Plan to Change Definition of Corruption Remains a Proposal

Justice Minister Supratman Andi Agtas says a proposal to redefine corruption remains at the discussion stage and will require consideration across ministries, as the definition is enshrined in law. The proposal, backed by a study by the National Economic Council and supported by President Prabowo Subianto, would shift the focus from state losses to bribery in line with the UN Convention against Corruption.

Arjuno-Welirang Fire Burns 736.8 Hectares, Blaze Still Not Extinguished

The forest and land fire in East Java’s Arjuno-Welirang area has burned 736.8 hectares, with flames still active and the affected area potentially growing. Fire crews are battling difficult, steep terrain, while authorities report no casualties and say the blaze remains 2–3 kilometres from residential areas; another fire is also burning in Situbondo.

Airlangga: Indonesia’s Economy Remains Resilient Amid Global Market Turmoil

Coordinating Economic Affairs Minister Airlangga Hartarto said Indonesia’s economic fundamentals remain strong despite global uncertainty and negative market sentiment, including concerns involving MSCI. He cited 5.45 per cent economic growth, inflation within the target range, rising bank lending and adequate food stocks, and said the stock market had begun to recover.

Government to Disburse Rp31.8 Trillion in Social Assistance and Christmas–New Year Discounts to Protect Purchasing Power

The government has set aside about Rp31.8 trillion for programmes through the end of 2026, including food assistance, wage subsidies and discounts over the Christmas and New Year period. The measures are intended to protect household purchasing power and support economic activity amid global uncertainty.

KPK Says Two Serving Military Personnel Named in BNPB Disaster Funds Corruption Case

Indonesia’s Corruption Eradication Commission (KPK) has informed the military police that two serving TNI personnel are implicated in the alleged misuse of disaster-response funds at the National Disaster Management Agency (BNPB). The investigation also centres on alleged conflicts of interest in procurement, including a suspected Rp148 billion in contracts linked to a former BNPB chief’s relative, and the KPK says proceeds were used to buy shares worth about Rp30.98 billion.

DPD RI: School Revitalisation in Yogyakarta Is Progressing Well but Needs Further Strengthening

The DPD RI’s Commission III says the school revitalisation programme in the Special Region of Yogyakarta is delivering benefits, but improvements are needed in construction quality, accountability and adherence to deadlines. The commission is gathering local evidence and plans to submit comprehensive recommendations to the central government and relevant ministries, with lessons intended to inform other regions.

Police Name 11 Corporations as Suspects in Forest and Land Fires; Three Have Foreign Affiliations

National Police Chief Suyudi Ario Seto says 11 corporations have been named as suspects in forest and land fire cases, including three with foreign investment affiliations. Investigators are examining 98 cases and are still gathering evidence; authorities have not yet disclosed the companies’ names.

Police Chief: 11 Corporations Named Suspects in Forest and Land Fires, Three Are Foreign Investors

National Police Chief Suyudi Ario Seto says police have named 11 corporations as suspects in forest and land fire cases, including three foreign investment companies. He said the three firms are based in Kalimantan, but did not identify them; further details are expected as investigations continue, with no obstacles reported so far.

Once They Crossed the Sea to Buy Sandals; Now They Can Order from Their Pillows

Online shopping is changing daily life on remote Pulau Breueh, where residents once spent a day and about Rp250,000 travelling to Banda Aceh to buy goods. Improved internet access and informal boat-based parcel delivery have cut costs and time, while also creating small payment and digital-service businesses in the island community.

Singapore’s Temasek Denies Intervening with MSCI to Push Indonesia’s Stock Market into Standalone Status

Singaporean sovereign wealth funds GIC and Temasek have rejected allegations that they pressured MSCI to downgrade the classification of Indonesia’s stock market. The claims, made by former Indonesian Trade Minister Muhammad Lutfi, suggested a downgrade could trigger market panic and create opportunities to buy Indonesian shares at lower prices; both funds say their investment decisions are based on other considerations and deny contacting MSCI to influence its decisions.

Civil Service Minister Says Salaries Must Be Paid Easily and Transparently

Administrative and Bureaucratic Reform Minister Rini Widyantini says civil servants’ salaries should be paid conveniently and transparently, without creating difficulties for staff. Her remarks come amid a proposal to channel salaries through Red-and-White Village/Urban Village Cooperatives, although Finance Minister Suahasil Nazara has said payments will continue through the banking system; Indonesia has about 6.7 million civil servants.

DSSA Share Case: List of Securities Firms Sanctioned by OJK

Indonesia’s Financial Services Authority (OJK) has imposed sanctions over alleged market manipulation involving shares in Dian Swastatika Sentosa (DSSA). The measures include a Rp1.5 trillion fine for PT SMT, a one-year suspension of an underwriter representative’s licence, fines for nine exchange members and written warnings for eight sales staff.

Bappenas: Inclusive Economy Index reaches 6.27 out of 10 in 2025

Indonesia’s Inclusive Economic Development Index (IPEI) stood at 6.27 out of 10 in 2025, according to Bappenas, highlighting gradual progress but persistent gaps in economic growth and the distribution of development benefits. The agency said the index can help national and local governments target interventions, with financial inclusion, inequality and disparities between regions remaining key challenges.

Bandung MSMEs Say Halal Certification Has Boosted Turnover

Around 150 West Java micro, small and medium-sized enterprises (MSMEs) have received support to obtain mandatory halal certification, alongside training in digital marketing. Organisers say certification can strengthen consumer trust, while content-creation skills help businesses reach customers and increase sales ahead of the 2028 halal requirement for all products.

Archive Statistics

573,279
Total Articles
1013
News Sources
1994-2026
Coverage Period