Indonesian Political, Business & Finance News

Archive: 8 October 2026

Showing 1,501-1,564 of 1,564 articles

Storm from America Unfinished: Beware of Volatility in IDX and Rupiah!

Wall Street experienced a significant downturn driven by surging US Treasury yields, which reached levels not seen in over two decades. This volatility, coupled with hawkish Federal Reserve minutes, poses a potential threat to the Indonesian stock market and the Rupiah.

Good News: President Authorises Use of Eyeglasses for TNI and Polri Recruitment

The Coordinating Minister for Political and Security Affairs, Dudung Abdurachman, announced that the President has approved a policy change allowing recruits with vision correction to join the TNI and Polri. This decision follows a briefing provided to high-ranking officers regarding the President's appreciation for the security forces' contributions to national stability.

Jakarta News Roundup: Youth Drowns in Ciliwung and Bantargebang Waste-to-Energy Project Update

A summary of recent events in Jakarta, including the search for a missing youth in the Ciliwung River and the progress of the Bantargebang waste-to-energy plant. The report also covers urban relocation efforts in South Jakarta and asset enforcement in Central Jakarta.

DKPP Can Investigate KPU Regarding Gibran's Diploma If Complaints Are Filed

The DKPP has clarified that it can investigate the KPU regarding the validity of Vice President Gibran Rakabuming Raka's educational credentials if formal complaints are submitted. This follows a Constitutional Court ruling that found no evidence of a high school diploma for Gibran, though the court declined to disqualify him.

Hamas: BoP's Hands are Stained with the Blood of Gaza Citizens

Hamas has issued a scathing condemnation of the Board of Peace (BoP) and its High Representative, Nickolay Mladenov, accusing them of complicity through silence regarding Israeli military actions in Gaza. The group claims the BoP's failure to hold Israel accountable for ceasefire violations has led to significant civilian casualties.

Middle East Escalates: Saudi Airports Targeted, Casualties Reported

The conflict in Yemen has expanded into Saudi Arabian territory, with Houthi rebels claiming responsibility for missile attacks on Abha and King Khalid International Airports. The strikes have resulted in three fatalities and dozens of injuries, causing significant disruptions to regional air traffic.

Rosan: Rp13,000 Trillion Investment Needed to Achieve 8 Per Cent Economic Growth

The Minister of Investment and Downstreaming, Rosan Perkasa Roeslani, has stated that Indonesia requires over Rp13,000 trillion in investment over the next five years to reach an 8 per cent economic growth target. This ambitious goal, set by Bappenas, aims to bolster the national economy and drive high-quality job creation by 2029.

Who Owns Coco Mart? The Founder's Identity and Inspiring Journey

The story of Coco Mart, a prominent retail chain in Bali, follows the remarkable rise of founders I Nengah Natyanta and Ni Ketut Siti Maryanti. From Natyanta's humble beginnings as a hotel dishwasher to managing a vast business empire, the journey highlights significant local economic contribution.

Bawaslu Surakarta Reveals Unexpected Facts Regarding Gibran's Diploma Verification During 2020 Local Election

The Surakarta Election Supervisory Body (Bawaslu) has clarified that the verification of Gibran Rakabuming Raka's educational documents during the 2020 Solo mayoral election was the responsibility of the General Elections Commission (KPU). Bawaslu confirmed that no reports or findings regarding discrepancies in his educational credentials were recorded during their oversight of the nomination process.

Young Generation Encouraged to Adopt Sustainable Lifestyles Through Small Actions

The 'Langkah Membumi Market 2026' initiative aims to promote sustainable living among Gen Z and Millennials by integrating eco-friendly practices into daily habits. The event features workshops, competitions, and talks to bridge the gap between environmental awareness and actual behavioural change.

MACS Institute: Handover of Rp13 Trillion Proves Focus on Asset Recovery

The MACS Institute has lauded the handover of Rp13.2 trillion in seized funds to the state treasury as a significant milestone in law enforcement and asset recovery. The institute highlighted that such actions demonstrate the state's commitment to reclaiming public funds and strengthening legal reforms under the current administration.

NUS Expert: Precise Strategy Needed to Address AI Impact on Workforce

Professor Johan Sulaeman from the National University of Singapore warns that the Indonesian government must develop strategic frameworks to manage the impact of AI on the workforce. He emphasises the need for 'pro-human AI' development and enhanced education to ensure Indonesia's demographic bonus does not transform into a demographic burden.

Luhut assures investors Indonesia's economy will not collapse

The Chairman of the National Economic Council, Luhut Binsar Pandjaitan, has reassured global investors that Indonesia's economic fundamentals remain robust despite global uncertainties. He emphasised a strategic shift towards joint innovation and human resource development, particularly within the nickel and electric vehicle sectors.

Saudi Arabia Claims Houthi Attacks Killed Three Civilians in Riyadh

Three civilians were killed and 36 others injured following Houthi drone and missile attacks targeting airports in Riyadh and Abha. The attacks have triggered emergency procedures in Saudi Arabia's civil aviation sector amidst escalating regional tensions.

Solo KPU Did Not Directly Verify Gibran's Overseas Diploma with Foreign Schools

The Solo General Elections Commission (KPU) has confirmed it did not conduct direct verification with overseas educational institutions regarding Gibran Rakabuming Raka's diplomas during the 2020 Solo regional election. The clarification follows a Constitutional Court ruling which noted a lack of evidence regarding an equivalent high school diploma during the trial proceedings.

Attorney General Arrested Over Rp8.9 Billion Bribery Scandal, 13 Others Implicated

Bolivian Attorney General Roger Mariaca has been arrested alongside 13 others following allegations of accepting bribes to facilitate drug trafficking. The crackdown follows the revocation of Mariaca's US visa and the emergence of evidence linking him to a major criminal network within the judicial system.

Pizza Hut Gets New Owner, but Operations in Indonesia Continue as Normal

Yum! Brands has completed the sale of Pizza Hut's global business outside Mainland China to the investment firm LongRange Capital, for around US$1.5 billion plus up to US$75 million in performance-based payments through 2030. Pizza Hut Indonesia will continue to be operated by PT Sarimelati Kencana Tbk (PZZA), which manages more than 575 outlets in the country. The change signals a shift in global ownership, but local operations and expansion plans remain unchanged.

TikTok deactivates 9M child accounts to comply with RI rule: Minister

The Indonesian government has reported that TikTok deactivated 9 million child accounts to comply with new regulations regarding electronic system governance for child protection. Minister Meutya also noted that Meta has deactivated numerous accounts on Instagram and Facebook, though the ministry continues to monitor risks associated with teen accounts and the lack of compliance from Threads.

Yesterday: Nickel smelter moratorium ensures Indonesia will not collapse

The Indonesian government is considering a moratorium on nickel smelters producing semi-finished products to prevent global oversupply. Amidst global uncertainty, officials have reassured investors that Indonesia's economic fundamentals remain solid and resilient.

KPK Seizes Cash Following Search of Madiun City Health Office

The Corruption Eradication Commission (KPK) has seized cash and various documents during a search of the Madiun City Health Office. The operation is part of an ongoing investigation into alleged gratifications and money laundering within the Madiun City Government.

PLN NTB intensifies electrical monitoring ahead of MotoGP Mandalika

PT PLN (Persero) in West Nusa Tenggara is ramping up electrical system monitoring to ensure stability for the 2026 MotoGP Indonesia. The utility company is coordinating closely with MotoGP engineers to manage power load changes across key circuit locations.

Luhut assures investors Indonesia's economy "will not collapse"

Coordinating Minister Luhut Pandjaitan has reassured global investors of Indonesia's economic stability, asserting that the nation's fundamentals remain healthy. He further emphasised a strategic shift towards fostering joint innovation and human resource development, particularly within the nickel and electric vehicle sectors.

Energy is the Strategic Infrastructure of Industrialisation

This opinion piece argues that energy should no longer be viewed as a secondary infrastructure that follows industrial development, but as a primary driver that determines Indonesia's industrial potential. The author emphasises that aligning energy policy with industrial strategy is crucial for attracting high-value sectors such as data centres, electric vehicles, and green hydrogen production.

Wife Gives Birth to Two Children While Husband Worked in Taiwan for Four Years; Indonesian Migrant Worker Reports Alleged Adultery to Police

An Indonesian migrant worker from Central Java has reported his wife to the Indramayu police following allegations of infidelity and adultery. The victim claims his wife bore two children with another man during his four-year employment in Taiwan and exhausted the remittances he sent home.

Malaysia budget 2027: Anwar faces balancing act on cost-of-living relief as general election looms

Prime Minister Anwar Ibrahim faces the challenge of delivering cost-of-living relief to middle-income households while maintaining fiscal discipline ahead of Malaysia's 16th general election. Economists suggest the 2027 budget will likely focus on targeted assistance and cautious structural reforms to avoid political backlash during an election year.

Thailand, US writing ‘final paragraph’ of trade deal, says PM Anutin

Thai Prime Minister Anutin Charnvirakul has announced that Thailand and the United States are in the final stages of concluding a reciprocal trade agreement. The deal, which could be signed during President Donald Trump's upcoming visit to Asia, aims to address existing tariffs on Thai exports and bolster bilateral commerce.

KPK Secretly Names 8 New Suspects in North Sumatra Road Corruption Case

The Corruption Eradication Commission (KPK) has identified eight new suspects in the ongoing investigation into road construction corruption in North Sumatra. While the identities remain undisclosed, the suspects reportedly include officials from the North Sumatra National Road Implementation Office (BBPJN).

Commentary: UMNO’s dark September - twin storms threaten party’s 'blue wave'

The United Malays National Organisation (UMNO) is facing significant political instability following the conditional house arrest of former Prime Minister Najib Razak and a constitutional crisis in Negeri Sembilan. These developments threaten to undermine the party's recent resurgence and its standing with the Malaysian monarchy.

Solar Rooftop Installed at Nurul Iman Mosque in Aceh Tamiang to Strengthen Post-Disaster Resilience

The Indonesian Ministry of Religious Affairs, Bank Indonesia, and the NUUR+ Consortium have inaugurated a solar panel waqf (endowment) programme at the Nurul Iman Mosque in Aceh Tamiang. The initiative aims to provide clean energy and ensure electricity reliability in disaster-prone areas, while promoting the concept of eco-mosques.

Following Constitutional Court Ruling, Deputy Speaker of Sukabumi City Council Removes Gibran's Photo: Feels Ashamed

The Deputy Speaker of the Sukabumi City Council, Rojab Asy'ari, has removed a photograph of Vice President Gibran Rakabuming Raka from his office following a Constitutional Court ruling regarding diploma disputes. As a member of the PDI Perjuangan faction, Asy'ari stated the move is a personal political protest due to his dissatisfaction with the court proceedings.

TNI Commander Reveals Prabowo's Directives to Hundreds of Generals at the Palace

President Prabowo Subianto met with 800 high-ranking TNI and Polri officers at the Presidential Palace to outline national strategic challenges. The briefing focused on strengthening synergy and preparing for modern threats, including cyber and hybrid warfare.

Primary School Principal Dismissed Following Death of Student in Bullying Incident

The headteacher of SDN 01 Kebondalem in Pemalang has been suspended following the death of a second-grade student due to alleged bullying by older classmates. Local authorities have confirmed that disciplinary action is being taken against the principal to maintain educational integrity while police investigations continue.

45-Hour Work Week Under Scrutiny: The Origins Explained

The Indonesian Employers Association (Apindo) has clarified that the figure of a 45-hour work week originated from a comparative study of labour regulations in neighbouring Asian countries, rather than a proposal to increase working hours. The clarification follows public concern regarding the recent passage of the Labour Protection Bill by the House of Representatives.

With Subsidies, 2027 Hajj Pilgrims to Pay Only Rp 23.24 Million for Final Settlement

The Indonesian House of Representatives (DPR) and the government have agreed on the Hajj Organising Cost (BPIH) for the 1448 H/2027 M season. Due to a Rp 3 million government subsidy, regular pilgrims will effectively pay approximately Rp 23.24 million for their final settlement.

Resident Reports Alleged Assault Following Protest Against Firecrackers in South Jakarta

A woman has filed a police report following an alleged physical assault after protesting the loud noise of firecrackers during a religious event in South Jakarta. Despite multiple mediation attempts between residents and organisers, the incident has escalated into a formal legal investigation by the South Jakarta Metro Police.

Once Mekel States Every Detail of Copyright Bill Draft Must Be Monitored

Musician-turned-parliamentarian Once Mekel has pledged to closely oversee the drafting process of the new Copyright Bill. He emphasises the importance of incorporating feedback from all creative stakeholders to ensure the regulation protects the entire creative industry ecosystem.

Not Fading, Indonesia's Printing Industry Grows More Adaptive in the Digital Era

Indonesia's printing industry is evolving rather than declining, integrating digital technologies such as digital printing, 3D printing and smart packaging, according to the Creative Economy Agency and the national printing association PPGI. The push towards AI-driven automation, personalised production and green printing was highlighted at the opening of ALLPrint Indonesia 2026 in Jakarta, which expects around 25,000 visitors. The shift signals a strategic opportunity for the sector to link with creative economy subsectors and business demand.

Muhammadiyah Targets Pharmaceutical Independence with New PT Ausilab Parma Indonesia Plant in Kendal

The Muhammadiyah organisation has partnered with investors from Singapore and India to establish a pharmaceutical factory in Kendal, Central Java, with an initial investment of Rp150 billion. The project aims to reduce reliance on imported medicines and medical equipment by leveraging Muhammadiyah's extensive hospital network.

Defendant in Investment Case Regrets Introducing IT Advisor to PT DSI President Director

Mery Yuniarni, a defendant in the PT Dana Syariah Indonesia (DSI) investment fraud case, has expressed regret over introducing an IT advisor to the company's President Director. The fraudulent scheme, involving fictitious projects, has resulted in losses of Rp2.4 trillion and affected approximately 15,000 victims.

Riyadh and Abha Airports in Saudi Arabia Attacked by Houthis, Three Dead

The Houthi group has claimed responsibility for missile and drone attacks targeting King Khalid International Airport in Riyadh and Abha International Airport. The strikes resulted in three fatalities and left dozens of people injured, causing significant material damage to the facilities.

Expert Highlights Parties Most Responsible for Gibran's Diploma Controversy

Political expert Iqbal Themi has called for greater transparency regarding the verification process of Vice President Gibran Rakabuming Raka's educational credentials following a Constitutional Court ruling. He argues that the focus should shift from the authenticity of the diploma to the accountability of the institutions responsible for verifying candidate requirements.

45 High-Risk Prisoners in East Java Transferred to Nusakambangan

The East Java Regional Office of the Directorate General of Corrections has transferred 45 high-risk inmates to Nusakambangan Island. The move aims to eliminate potential security threats and strengthen the management of inmates based on their risk levels.

PKS Receives Draft LGBTQ Prevention Bill from MUI, Ready to Advocate in Parliament

The Prosperous Justice Party (PKS) has received a draft bill for the prevention and management of LGBTQ issues from the Indonesian Ulema Council (MUI). The party intends to push for the bill's discussion within the House of Representatives' Legislation Body, while also discussing the need for a Sharia Economy Omnibus Law.

Thousands of Islamic Boarding School Alumni Protest and Damage Minimarket in Pamekasan

Thousands of Islamic boarding school alumni in Pamekasan, East Java, carried out a protest against an Indomaret minimarket, resulting in structural damage to the building. The demonstrators reportedly used an excavator to demolish parts of the premises following failed attempts to halt the development through official channels.

Jakarta International Stadium wins international infrastructure award

The Jakarta International Stadium (JIS) has been honoured at the Bentley Year in Infrastructure (YII) Awards 2026 in Singapore for its advanced retractable roof technology. The award recognises the engineering excellence of PT Wijaya Karya Bangunan Gedung Tbk (WIKA Gedung) in delivering a world-class structural feat.

Nearly One Year After Sumatra Disasters: The Condition of Roads and Public Facilities, According to the Minister of Public Works

The Indonesian Ministry of Public Works is continuing its efforts to rehabilitate infrastructure and public facilities in Sumatra following last year's disasters. Minister Dody Hanggodo emphasised that the recovery process focuses on restoring community life, including access to schools, clean water, and temporary housing.

KPK Receives Complaint from PCNU Sekadau Regarding Alleged Money Politics at NU Muktamar

The Corruption Eradication Commission (KPK) has confirmed receiving a public complaint from the Sekadau branch of Nahdlatul Ulama (PCNU) concerning alleged money politics during the 35th NU Muktamar. The complainant has submitted evidence, including flight tickets and returned cash, alleging attempts to influence the election of the Rais Aam.

196 Freeport Employees Leave Work to Undergo Two-Month Reserve Component Training in Papua

A group of 196 PT Freeport Indonesia employees has commenced a two-month basic military training programme to become part of the National Reserve Component (Komcad) in Papua. This initiative represents a collaboration between the Indonesian government, the military, and the private sector to strengthen national defence capabilities.

Pos Indonesia Apologises After Supreme Court Letter to Gowa Regent Withheld by Partner Courier

PT Pos Indonesia has issued a formal apology after an internal investigation revealed that a Supreme Court letter intended for the Regent of Gowa was intentionally withheld by a partner courier. The company has deactivated the courier involved and pledged to strengthen its delivery oversight for official state documents.

Ahead of Second Year, Danantara Focuses on Strengthening Governance

Danantara, Indonesia's sovereign wealth and state investment agency, is shifting its focus from building its foundations to strengthening governance, transparency and accountability as it nears its second anniversary. CEO Rosan Roeslani said the agency is consolidating the roughly 1,074 state-owned enterprises (BUMN) down to around 250 to lift productivity, efficiency and asset optimisation. Several BUMN are also earmarked for listing on the Indonesia Stock Exchange in 2027, signalling a significant step in the reform of state enterprise management.

BMKG: Rossby Waves Bring Rainfall Break to West Java's Dry Season

The Meteorology, Climatology, and Geophysics Agency (BMKG) reports that atmospheric Rossby waves are causing unexpected rainfall across parts of West Java during the dry season. While El Niño is expected to delay the official rainy season until November, the agency warns of potential high rainfall intensity due to the compressed seasonal timeline.

Officials Required to Report Assets to KPK: What are the Consequences of Non-Compliance?

New KPK regulations mandate that high-ranking state officials, including ministers and directors of state-owned enterprises, must report their wealth to ensure transparency. Failure to comply with these reporting requirements may result in administrative sanctions and impact career progression.

Want to be Included in the 2027 PKH and BPNT Social Assistance List? Here is the Data You Need to Prepare

The Indonesian government is preparing a new digital registration mechanism for the 2027 PKH and BPNT social assistance programmes. Applicants will be required to register via the Perlinsos Digital platform, providing specific identification and utility data for verification.

Revealed in Court! How Febrie Adriansyah Cunningly Disguised Bribes from Cases at the Attorney General's Office

Prosecutors have revealed the money laundering methods used by former Junior Attorney General for Special Crimes, Febrie Adriansyah, to disguise bribes as legal fees. The defendant allegedly utilised various law firms to collect funds from parties involved in high-profile corruption cases, including the BAKTI 4G BTS project.

Official Residence in Cijantung Allegedly Used as Online Gambling Hub, Army Chief Vows Decisive Action

The Chief of Staff of the Indonesian Army, General Maruli Simanjuntak, has pledged to take firm action following allegations that an official residence in the Cijantung complex is being used for online gambling. The TNI is currently conducting investigations into the matter, which gained attention after a viral video surfaced.

New Hospital in Kabul Provides Surgery for Afghan Children

A newly opened cardiac hospital in Kabul, supported by the Afghan Red Crescent Society, is providing free specialised heart surgery for children with congenital defects. The facility offers a vital lifeline for low-income families who cannot afford the exorbitant costs of private healthcare in Afghanistan.

Petrol vehicle sales in Australia drop by 36.2 per cent

Australian petrol vehicle sales saw a significant year-on-year decline of 36.2 per cent in September, driven by a surge in electric vehicle adoption. The report highlights China's growing dominance in the Australian automotive market, overtaking Japan for the first time in decades.

Customs and Cartenz Task Force Uncover Illegal Ammunition Smuggling in Papua

A joint operation between the Cartenz Peace Operation Task Force and Jayapura Customs has intercepted a shipment of illegal ammunition and untaxed tobacco. The seizure occurred in Jayapura waters after authorities tracked a longboat attempting to transport contraband towards Papua New Guinea.

Prosecutors Reveal Febrie Adriansyah Received Rp14 Billion in Shares Following Legal Intervention

Prosecutors have alleged that the former Head of the AGO's Special Crimes Directorate, Febrie Adriansyah, was granted 28,000 shares of PT Cahaya Baja Sukses worth Rp14 billion. The shares were allegedly provided as compensation for reducing the debt obligations of PT CBS to a subsidiary of PT Krakatau Steel.

9 Million TikTok Children's Accounts Deactivated, Instagram 85,000, Facebook 99,000

The Indonesian Minister of Communication and Digital, Meutya Hafid, announced that TikTok has deactivated 9 million underage accounts in compliance with the PP Tunas regulation. While Meta has also deactivated 184,000 accounts on Instagram and Facebook, the government maintains that these platforms remain high-risk due to features that allow interaction with strangers.

Gorontalo Police Urge Illegal Miners to Transition to Official Channels

The Gorontalo Regional Police have called on illegal gold miners to obtain People's Mining Permits (IPR) to ensure legal compliance and environmental safety. Authorities are highlighting successful cooperative models as examples for miners to regularise their activities and avoid legal repercussions.

Fernando Refutes Mahfud MD's Claims Regarding Gibran's Diploma, Vice President Responds to Constitutional Court Ruling

Fernando Emas, Director of Rumah Politik Indonesia, has dismissed Mahfud MD's concerns that the Constitutional Court's ruling on Gibran Rakabuming Raka's diploma could jeopardise his 2029 presidential candidacy. Emas argues that administrative steps can still be taken to validate Gibran's overseas education credentials.

SMKN 27 Teacher Allegedly Committed Harassment; Pramono Demands Strict Sanctions

Jakarta Governor Pramono Anung has called for the strictest possible sanctions against a teacher at SMKN 27 Jakarta accused of sexual harassment against a male student. The Governor emphasised that the perpetrator should be permanently barred from the teaching profession to protect the integrity of educators.

By Merely Removing Witness Names from Case Files, Febrie Adriansyah and Others Received Rp60 Billion and Bali Hotel Certificates

Prosecutors have revealed that former Attorney General's Office official Febrie Adriansyah allegedly received bribes totalling Rp60 billion and luxury assets in exchange for manipulating textile import corruption case files. The allegations include the receipt of land in North Jakarta and hotel certificates in Bali, disguised as business partnerships.