Indonesian Political, Business & Finance News

Archive: 4 October 2026

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Finance Minister Suahasil: We are Committed to the 3% of GDP Fiscal Deficit Rule

Indonesian Finance Minister Suahasil Nazara has reaffirmed the government's commitment to maintaining fiscal discipline by adhering to the 3% of GDP deficit limit. She emphasised that consistent policy and transparent communication are essential to maintaining Indonesia's long-standing fiscal credibility with international investors.

Israel Kills Christian Church Servant and Her Child in Gaza

An Israeli airstrike on an apartment building in Gaza City has resulted in the deaths of five Palestinians, including two members of the local Christian community. The victims, including a church servant and her daughter, were killed during a bombardment that caused significant structural damage and fires in the Al-Rimal area.

History and culture strengthen the appeal of Indonesian gastronomic tourism

Experts at the Wonderful Indonesia Gastronomy (WIG) Talks 2026 emphasised that the historical and cultural narratives behind dishes are vital for developing Indonesia's culinary tourism. The discussion highlighted how integrating heritage, such as the history of sugar production in Yogyakarta, can add significant value to the gastronomic experience and drive sustainable economic growth.

21 Days On, Basarnas Continues SAR Operations for KM Virgo Transport 8

The National Search and Rescue Agency (Basarnas) has decided to extend the search and rescue operations for the KM Virgo Transport 8 following 21 days of searching. The mission aims to locate 55 remaining missing passengers, with operations now being redistributed across regional offices in Banjarmasin, Palangka Raya, and Pontianak.

Introducing Betawi Culture Through Story-Rich Batik Motifs

The Batik Betawi Terogong workshop in Cilandak is working to preserve Jakarta's local heritage by incorporating iconic Betawi symbols into traditional batik designs. Through the development of unique motifs and community empowerment, the initiative aims to revitalise local traditions amidst Jakarta's modernisation.

Weekly Roundup: Bone Marrow Transplants to Enter National Health Insurance and 50% of Umrah Agencies Inactive

This weekly news summary covers significant developments in Indonesian public policy, including efforts to include bone marrow transplants in the JKN scheme and new incentive structures for the National Nutrition Agency. It also highlights the Ministry of Forestry's research-based approach to peatland management and the high inactivity rate among Umrah travel agencies.

Bali Golkar Calls for Central Support as Party Prepares for 2029 Political Agenda

The Bali Provincial Leadership Council of the Golkar Party has requested logistical and financial assistance from the central leadership to bolster political activities ahead of the 2029 elections. Golkar Party Chair Bahlil Lahadalia responded by assuring regional cadres that the central board is aware of these challenges and is implementing mutual cooperation programmes to provide necessary support.

Major Earthquakes Shake Various Regions of Indonesia This Morning, Sumbawa M 6.1

The Meteorology, Climatology, and Geophysics Agency (BMKG) reported significant seismic activity across several Indonesian regions on Sunday morning. A magnitude 6.1 earthquake struck near Sumbawa, while a magnitude 5.9 earthquake was recorded near Calang-Aceh Jaya, with no tsunami warnings issued for either event.

BMKG: Several Regions Potential for Rainfall on Sunday

The Indonesian Agency for Meteorology, Climatology, and Geophysics (BMKG) has issued a weather forecast predicting rainfall across various parts of Indonesia this Sunday. While dry conditions will dominate most areas, cyclonic circulation in the Indian Ocean may trigger cloud growth and localised heavy rain.

Management Confirms Salvage of Virgo Transport 8 Wreck to Begin in October

PT Virgo Karya Shipping has confirmed that the salvage operation for the sunken KM Virgo Transport 8 in the Java Sea is scheduled to commence in October 2026. The company is currently finalising agreements with international insurers and salvage partners with support from the Ministry of Transport and Basarnas.

DPR to Soon Ratify One Data Bill, New Agency to be Formed

The Indonesian House of Representatives (DPR RI) plans to ratify the One Data Indonesia Bill in an upcoming plenary session. The proposed legislation aims to establish the Indonesia One Data Agency (BSDI) to eliminate sectoral ego and centralise data orchestration across ministries.

Impact of El Niño on Indonesian Rice Production Worsens

The prolonged drought caused by El Niño in 2026 has led to a significant reduction in Indonesian rice planting areas compared to the 2023 period. Statistics Indonesia (BPS) warns of a potential double-digit decline in rice production over the coming months due to shrinking harvestable land.

WIG 2026 Showcases Traditional Culinary Delicacies from Joglosemar and Jakarta

The Wonderful Indonesia Gastronomy (WIG) 2026 initiative, led by the Ministry of Tourism and the Indonesia Gastronomy Network, is promoting traditional culinary products from Yogyakarta, Solo, Semarang, and Jakarta. The event aims to transform local gastronomic potential into a sustainable industry that adds value to the national tourism ecosystem.

East Jakarta Firefighter Allegedly Scammed Residents; Dismissal Sanctions Pending

An investigation is underway regarding an East Jakarta firefighter accused of defrauding a resident of tens of millions of rupiah. The Jakarta Provincial Government has pledged to dismiss the official if the allegations are proven true.

Indonesian Government Offers 76 PPP Projects Worth Rp1.13 Trillion, Here is the List

The Indonesian government has unveiled 76 strategic projects for development through the Public-Private Partnership (PPP) scheme, as detailed in the PPP Book 2026. The projects, spanning over 10 sectors with a total value of US$63.45 billion, include major infrastructure such as the Giant Sea Wall and various urban toll roads.

Jakarta Weekly Update: Polda Official Rotation and Transjakarta Fare Adjustments

A summary of key developments in Jakarta, including the rotation of high-ranking police officials within Polda Metro Jaya and upcoming changes to Transjakarta fares. The report also covers the expansion of Transjakarta's business scope and new public access initiatives at City Hall.

Yesterday's highlights: From culinary-based gastronomy tourism to remaining internet quota

A roundup of key developments including the Ministry of Tourism's plans for gastronomy tourism and the Ministry of Communication and Digital's evaluation of mobile operators' internet quota protections. The report also covers rising smartphone prices due to RAM shortages and BYD's expansion plans.

Gen-Z Book Shopping Trends: High Interest in Digital Platforms

The Director of Ikapi, Mokhamad Natsir, highlights that while Gen-Z maintains an interest in physical books, there is a significant shift towards digital purchasing methods. Publishers are advised to adapt to these changing habits by leveraging social media and digital accessibility to reach younger readers.

Traditional Boats Could Serve as Feeder Transport to Thousand Islands

The Jakarta Provincial Government has tasked Transjakarta with managing maritime transport to the Thousand Islands starting in 2027. The initiative aims to integrate traditional local boats as feeder services to enhance connectivity and boost the local economy.

Weekly Crime Roundup: From Child Abductions to Firefighter Recruitment Fraud

A summary of significant criminal incidents in Jakarta and surrounding areas over the past week. The report covers child abductions in West Jakarta, sophisticated SMS fraud using 'Fake BTS' technology in the MRT area, and a major narcotics bust in PIK 2.

G20 Rejects Use of Food Commodities as Political Threat Tool

Indonesian Trade Minister Budi Santoso announced that G2/0 Trade Ministers have rejected efforts to use food commodities as instruments of geopolitical pressure. The meeting also addressed critical issues including excess capacity, forced labour, and the preservation of WTO's Most Favoured Nation principle.

Weekly Legal Roundup: From Cibinong Prison Inspections to National Police Mutations

A summary of significant legal and law enforcement developments in Indonesia over the past week. Key highlights include investigations into luxury facilities at Cibinong Prison, the suspension of the Bangka Belitung Deputy Governor, and major personnel rotations within the Indonesian National Police.

Weekly Politics: Prabowo Inaugurates Ministers and Discusses Reserve Component Military Training

A summary of significant political developments in Indonesia over the past week, including major cabinet reshuffles and high-level appointments by President Prabowo Subianto. The report also covers the parliamentary approval of the 2027 State Budget and the completion of military training for civil servants.

Surge in IIBF Attendance Reflects Rising Reading Interest Among Younger Generations

The Indonesian Publishers Association (IKAPI) reports a significant upward trend in the book industry, driven by increased interest from Gen Z and Gen Alpha. The 46th Indonesia International Book Fair (IIBF) has seen visitor numbers surge up to fivefold, highlighting a growing market for both local and international titles.

7 Side Job Ideas from Hobbies for Minimum Wage Employees to Generate Extra Income

As financial demands increase, many employees are seeking ways to supplement their primary income through flexible side hustles. This article explores how various hobbies, such as cooking, photography, and writing, can be transformed into profitable ventures during leisure time.

Government Promotes Downstreaming of Critical Minerals for Electric Vehicle Battery Industry

The Indonesian government has unveiled a roadmap for the downstream development of 28 strategic commodities, requiring an estimated investment of USD 618.1 billion by 2040. This policy marks a strategic shift from basic mineral refining towards the production of high-value components, including electric vehicle batteries and Battery Energy Storage Systems (BESS).

Santri Scout Camp: Donating Oxygen Through One Thousand Trees

Participants of the 6th Nusantara Santri Scout Camp (PPSN) in Malang, East Java, engaged in an environmental initiative by planting one thousand trees. The programme aims to teach ecotheology, encouraging students to translate environmental knowledge into tangible conservation actions.

Salaries Equivalent to Minimum Wage to be Tax-Free

The Indonesian government is considering adjusting the Non-Taxable Income (PTKP) threshold to align with the Provincial Minimum Wage (UMP). This proposed policy aims to provide tax relief for low-income workers and boost public purchasing power.

North Korea's 'Way of Apologising' to South Korea: Ballistic Missiles in Flight

Tensions between North and South Korea have escalated following a ballistic missile launch from Wonsan towards the East Sea. The launch follows South Korean military demands for an apology regarding a recent landmine explosion in the Demilitarised Zone (DMZ) that injured three soldiers.

Gus Nabil Promotes Pencak Silat Internationalisation in Hong Kong

Muchamad Nabil Haroen, Chairman of Pagar Nusa, has initiated plans to establish a Pencak Silat Federation in Hong Kong as part of a global roadmap towards the Olympics. The initiative aims to move beyond Indonesian expatriate communities by involving local residents in the sport's ecosystem.

Eating Carcass of Goat Leads to 4 Anthrax Infections

Four residents in Gunungkidul, Indonesia, have tested positive for anthrax after consuming meat from a goat that died suddenly. Health authorities have identified 4erm 47 individuals at risk of exposure following the incident.

Constitutional Court Accelerates Gibran's Diploma Dispute Hearing: Is Impeachment of the Vice President Possible?

The Constitutional Court is fast-tracking hearings regarding the alleged diploma dispute involving Vice President Gibran Rakabuming Raka. Constitutional law expert Muhammad Junaidi discusses the legal complexities regarding the Court's authority to handle such a case following the conclusion of the 2024 election dispute period.

“O Lord, Send Me to Fight Islamists”, US Secretary of War's Racist Speech Sparks Outrage

US Secretary of War Pete Hegseth has sparked international controversy following a speech in which he used religious texts to call for a fight against Islamists and communists. The remarks coincided with his announcement of a new 'Office of Religious Affairs' within the Pentagon designed to bypass bureaucratic filters.

DPR Legislative Body Reviews Proposal to Increase Jakarta Regional Council Seats, Citing Blocked Aspirations

The Indonesian House of Representatives' Legislative Body (Baleg) is reviewing a proposal from the Jakarta Regional House of Representatives (DPRD) to increase its membership from 106 to between 180 and 220 seats. The proposal aims to improve political representation for Jakarta's 11 million residents, addressing concerns that the current ratio of one councillor per 100,000 citizens hinders the delivery of public aspirations.

From ‘red ocean’ to ‘blue ocean’: Why Singaporean firms are exploring Nanning to enter China’s market

Singaporean enterprises are increasingly looking towards Nanning, China, as a strategic 'blue ocean' to avoid the intense competition found in major Chinese tier-one cities. Despite recent concerns regarding pyramid schemes in the region, businesses are utilising the China-ASEAN Expo to establish long-term distribution networks and partnerships.

Long Before Isaac Newton, the Quran Provided Scientific Hints Regarding Earth's Gravity

The article explores the parallels between Isaac Newton's discovery of gravity and scientific indications found within the Quran. It highlights how religious texts predated modern scientific understanding of celestial mechanics and planetary orbits.

Postidar 98 Resolution Network Marks Two Years of Prabowo-Gibran Administration Through Charity

The Postidar 98 Resolution Network organised a charity event in Tangerang City to commemorate the second anniversary of the Prabowo-Gibran administration. The initiative involved distributing essential goods to local residents to foster social cohesion and support national economic growth.

Bogor City Government to Inaugurate Paledang-Pasir Jaya Bridge in Mid-October

The construction of the Paledang-Pasir Jaya bridge in Bogor has reached 95% completion and is expected to be officially opened by mid-October. The project, funded by the Bogor City Regional Budget (APBD), aims to improve connectivity between the Paledang and Pasir Jaya neighbourhoods.

Three Business Magnates Appointed to Prabowo's Presidential Advisory Council, With Net Worths Reaching Trillions of Rupiah

President Prabowo Subianto has inaugurated 26 members of the Presidential Advisory Council (Wantimpres), including prominent business figures such as Dato' Sri Tahir, Chairul Tanjung, and Jusuf Hamka. The newly appointed council members bring significant business expertise and substantial personal wealth to the advisory body.

Gianyar Mobile Driver's License Schedule for Today, 4 October 2026: Note the Locations!

The mobile Driver's License (SIM) service is available in Gianyar to facilitate the easy renewal of Class A and Class C licences. Residents can access the service at the Gianyar City Square to avoid visiting the main administration office.

Houthis Claim Attack on Aramco Facilities in Riyadh Using Ballistic Missiles

The Houthi group in Yemen has claimed responsibility for a missile and drone attack targeting Saudi Aramco facilities near Riyadh. This escalation comes amidst intense military operations by Yemeni ground forces, which have reportedly resulted in significant casualties and destruction of Houthi assets.

Search for KM Virgo Victims Expanded to Central and West Kalimantan

The Indonesian National Search and Rescue Agency (Basarnas) has expanded its search area for victims of the KM Virgo Transport 8 incident to include Central and West Kalimantan. Despite 20 days of underwater operations yielding no new victims recently, authorities insist the mission continues due to the possibility of survivors remaining within the vessel.

Baby Elephant Found Dead in Jambi; Law Enforcement Investigating Cause

The Sumatra Forestry Law Enforcement Agency (Gakkum) is investigating the death of a Sumatran baby elephant within the PT LAJ concession area in Tebo Regency, Jambi. While initial laboratory tests found no traces of poison, authorities are examining potential negligence regarding wildlife protection and habitat safety.

Ministry of Marine Affairs and Fisheries Tightens Crew Recruitment; Illegal Manning Agencies Barred from Issuing Sailing Permits

The Indonesian Ministry of Marine Affairs and Fisheries (KKP) is implementing stricter regulations to ensure all manning agencies providing fishing vessel crews possess official legality. This move aims to eliminate the use of unregulated brokers and ensure crew competency, with vessel owners facing the suspension of sailing permits if they use illegal agencies.

PT Virgo ensures sunken ship salvage operation will be carried out this month

PT Virgo Karya Shipping has confirmed that the salvage operation for the sunken KM Virgo Transport 8 in the Java Sea is scheduled for October 2024 following accelerated communications with international insurers. The operation is being supported by the Ministry of Transport and Basarnas as search efforts continue for missing passengers.

Inaugurated as Head of Security Maintenance, Commissioner General Herry Heryawan Speaks of Mandate and Service

Commissioner General Herry Heryawan has officially been inaugurated as the Head of the National Police Security Maintenance Agency (Kabaharkam). Following his tenure as the Riau Regional Police Chief, he expressed his commitment to maintaining public security with integrity and responsibility.

Diving Search for KM Virgo Transport 8 Victims Suspended, Here is Why

Basarnas has halted underwater diving operations in the search for missing passengers of the KM Virgo Transport 8 following the vessel's sinking. The decision was made due to the deteriorating condition of the wreckage and the risk of remains decomposing or breaking apart during extraction.

Pupuk Indonesia Opens PIMA 2026, Highlighting Fertilizer Industry Transformation

PT Pupuk Indonesia (Persero) has launched the 2026 Pupuk Indonesia Media Awards (PIMA) with a focus on the theme of achieving national food self-sufficiency. The journalism competition invites reporters to explore the company's transformation across production, distribution, and green business development, with a total prize pool of Rp262.5 million.

Basarnas halts diving operations for KM Virgo due to condition of victims' remains

Basarnas has suspended underwater search operations for the missing passengers of KM Virgo Transport 8 due to the deteriorating condition of the victims' remains. The agency is now shifting its focus to surface searches in the waters of South, Central, and West Kalimantan to locate the remaining 55 missing individuals.

Barelang Viewed as Global Learning Space for Transmigration Area Transformation

Students from the Technical University of Munich and various Indonesian universities are participating in a 10-day summer course in the Barelang area to study sustainable regional development. The programme focuses on integrating agriculture, fisheries, and tourism while ensuring the economic empowerment of local and transmigration communities.

Basarnas: Divers have evacuated 50 bodies from KM Virgo victims up to day 21

The National Search and Rescue Agency (Basarnas) has confirmed that 50 bodies have been recovered from the KM Virgo Transport 8 shipwreck in the Java Sea. Despite challenging underwater conditions and debris, search operations continue as authorities seek the remaining 55 missing individuals.

Seven Days of Fighting Forest Fires in North Penajam Paser, Water Sources Become Major Issue

Emergency teams have been battling peatland fires in North Penajam Paser, East Kalimantan, for seven consecutive days. The firefighting efforts are facing significant challenges due to difficult terrain and the depletion of local water sources.

The Track Record of Inspector General Asep Safrudin, the New Head of Criminal Investigation Agency

Inspector General Asep Safrudin has been officially appointed as the new Head of the Criminal Investigation Agency (Kabareskrim) by the National Police Chief. A 1993 Police Academy graduate, Safrudin brings extensive experience in cybercrime and narcotics investigation to his new leadership role.

The Origins of the Presidential Advisory Council: A History Before the Appointment of 26 Figures in the Prabowo Era

The history of the Presidential Advisory Council (Wantimpres) has resurfaced following President Prabowo Subianto's inauguration of 26 members. The article traces the institution's evolution from the former Supreme Advisory Council (DPA) to its current constitutional framework established after the amendments to the 1945 Constitution.

The Career Trajectory of Inspector General Herry Heryawan: From Densus 88 to Riau Police Chief, Now Head of Polri's Security Maintenance Agency

Police Commissioner Herry Heryawan has been appointed as the Head of the National Police Security Maintenance Agency (Kabaharkam) alongside a promotion to Commissioner General. His recent success in managing forest fires in Riau earned him presidential recognition, paving the way for this significant new role within the National Police headquarters.