Indonesian Political, Business & Finance News

Archive: 12 November 2026

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Prabowo: I Accept and Respect Gibran’s Decision with a Heavy Heart

President Prabowo Subianto says he has accepted Gibran Rakabuming Raka’s resignation as vice-president with a heavy heart, while praising his decision as responsible and statesmanlike. MPR Speaker Ahmad Muzani says the office is now vacant and that the MPR will seek to fill it within the constitutional 60-day limit.

JCI Falls When Gibran Gets the ‘Green Light’ to Run for President, Rises When He Steps Down

Indonesia’s benchmark Jakarta Composite Index (JCI) has moved in both directions during several political developments involving Vice-President Gibran Rakabuming Raka, but the article cautions against treating those events as direct causes of market movements. The index rose 2.20% in Thursday’s first session amid reports of Gibran’s resignation and investor attention to an MSCI review, while earlier episodes saw both gains and losses.

Why Do Ears Ring So Often? Here Are the Causes

Tinnitus can result from a range of causes, including loud-noise exposure, earwax build-up, age-related hearing loss, infections, certain medicines, Meniere’s disease and blood-vessel disorders. While occasional ringing may pass on its own, persistent symptoms—and especially sudden hearing loss or pulsating tinnitus—should be assessed by a doctor; treatment focuses on the underlying cause and may help manage its impact.

Bakom chief: Government operating normally despite Gibran’s resignation

Syahganda Nainggolan, head of Indonesia’s Communications Agency (Bakom), says government services, economic activity and President Prabowo’s priority programmes remain unaffected following Vice-President Gibran Rakabuming Raka’s resignation. He urged the public to stay calm and rely on verified information, as Gibran formally submitted his resignation letter to the MPR.

44 Shops Inspected in Batam Illegal Cigarette Crackdown

Batam Customs and the city’s Civil Service Police Unit inspected 44 shops during a joint operation from 27 October to 6 November 2026, seizing 42,626 illicit cigarettes from nine outlets. The seized goods were valued at about Rp64 million, with potential state revenue losses estimated at Rp41.8 million; authorities said the operation combined enforcement with education for traders.

Pertamina Chief Pledges to Prevent Fuel Distribution Disruptions

Pertamina says it is strengthening fuel logistics, storage readiness, tanker capacity and alternative distribution routes to prevent further supply disruptions, particularly as energy demand rises towards year-end. The state-owned energy company also reported first-half 2026 net profit of US$1.9 billion, up 62% year on year, and state contributions of more than Rp208 trillion.

How Accurate Are Heart Rate Readings on Smartwatches?

Smartwatches can provide reasonably accurate heart-rate readings at rest and during light to moderate activity, but accuracy varies by device and exercise type. Movement, fit, skin and environmental conditions can affect readings, so users should treat them as estimates rather than medical measurements; chest straps may offer greater precision during workouts.

Police provide humane security for WALHI protests at two locations

Central Jakarta police said they used a humane and persuasive approach to safeguard a WALHI demonstration at the Forestry Ministry and the DPR/MPR complex. Around 40 participants called attention to recurring ecological disasters and the government’s responsibility for addressing environmental problems; the protests ended peacefully.

The State of Believers as They Cross the Sirat over Hell

Islamic traditions describe believers crossing the Sirat—the bridge over Hell—at different speeds and with differing outcomes, according to their faith and deeds. Hadith accounts portray the bridge as perilous and slippery, while the Prophets pray for people to be saved and believers later intercede for their fellow believers still in Hell.

KPK summons former deputy and three BNPB civil servants as witnesses

Indonesia’s Corruption Eradication Commission (KPK) has summoned a former deputy and three civil servants at the National Disaster Management Agency (BNPB) as witnesses in an alleged corruption case involving disaster-response funds. The investigation follows an October sting operation and has included multiple witness examinations, searches and the seizure of assets worth Rp5.47 billion; the KPK has also notified the Indonesian Military Police about the alleged involvement of an active-duty general and two soldiers.

Usually Seen in a Blue Tie, Gibran Wears Red Tie When Submitting Resignation Letter: What It Means

Vice-President Gibran Rakabuming Raka submitted his resignation on 12 November 2026 wearing a red tie, unlike his usual blue. The article discusses cultural interpretations of red as a symbol of confidence and authority, while an MP suggested Gibran’s choice could also signify quiet but firm resistance; the resignation letter reportedly gave no reason.

The Range of Benefits Gibran Will Receive from the State After Resigning as Vice-President

Gibran Rakabuming Raka is reported to have resigned as vice-president and will retain several state-provided benefits because he left office honourably rather than being impeached. These include a lifetime pension, healthcare and household expenses, a residence and car, and lifelong security for him and his wife.

National Development Minister: Protecting Independent Oil Palm Smallholders Is Essential

National Development Planning Minister Rachmat Pambudy says decent incomes, safe working conditions and direct productivity support for independent oil palm smallholders and plantation workers are vital to the industry’s resilience. He outlined policy priorities including smallholder productivity, supply-chain traceability, sustainability standards and downstream processing, while stressing fair land access and shared responsibility between government and business.

Ahok’s Two-Year-Old Prediction About Prabowo and Jokowi Goes Viral: ‘Don’t Worry, I’ll Remain Your Loyal Friend’

A pre-election interview in which former Jakarta governor Basuki Tjahaja Purnama (Ahok) warned that Prabowo Subianto might sideline Joko Widodo and his son Gibran has resurfaced on social media. Its renewed circulation comes amid debate about the political relationship between Prabowo, Jokowi and Vice-President Gibran following the 2024 election.

How the Nvidia scandal and US midterm losses could affect Trump’s hand with Xi – and what it means for Beijing

Donald Trump’s planned meeting with Xi Jinping at the APEC summit comes amid Democratic gains in Congress and allegations involving Nvidia chief Jensen Huang, raising questions about the US president’s room to negotiate with China. Analysts disagree on whether the domestic political turmoil weakens Trump’s leverage, while expecting the talks to centre on trade, technology restrictions and Taiwan rather than the scandal itself.

Ahmad Muzani: Vice-President’s Office Vacant as of Today

MPR Speaker Ahmad Muzani says the vice-presidency became vacant after Gibran Rakabuming Raka submitted his resignation, and that the MPR must fill the post within 60 days. President Prabowo Subianto has 14 days from receiving the MPR’s request to propose two candidates; Deputy House Speaker Sufmi Dasco Ahmad said Gibran’s move had been carefully considered in the national interest.

Saratoga Investama (SRTG) Shares Added to HSC List; Sandiaga Uno Responds

Sandiaga Uno said Saratoga’s management should address measures to increase its public shareholding after SRTG was included on the Indonesia Stock Exchange’s High Shareholding Concentration list. He said he is no longer active in the company, while emphasising the importance of transparency and sound corporate governance, and the exchange’s latest list also includes portfolio companies TBIG and PALM.

Gibran Embraces Muzani, Ibas and Andre Rosiade After Submitting Resignation Letter

Vice-President Gibran Rakabuming Raka submitted a written resignation to the MPR, then said farewell to parliamentary leaders and lawmakers. MPR chairman Ahmad Muzani said the letter gave no specific reason for the decision, describing it as a resignation at Gibran’s own request.

Rice Producers Who Break the Rules Face Up to Seven Years in Prison and Rp1.5 Billion in Fines

Indonesia’s National Food Agency says producers found violating fortified-rice requirements could face up to seven years in prison, Rp1.5 billion in fines and the revocation of their business licences. Inspections found that 25 of 27 brands failed to meet requirements, prompting a temporary halt to new production permits and ongoing investigations into several producers.

Rupiah Closes Weak as US Dollar Strengthens to Rp18,225

The rupiah fell 0.47% to a record closing low of Rp18,225 per US dollar, pressured mainly by a stronger greenback and expectations of a Federal Reserve rate increase in December. Domestic political uncertainty surrounding Vice-President Gibran Rakabuming Raka’s resignation also drew investor attention, although analysts said the Fed repricing remained the more significant factor.

Government strengthens TB diagnosis facilities down to community health centres

Indonesia’s Ministry of Health plans to distribute 5,600 nucleic acid amplification test (NAAT) devices to community health centres to speed up tuberculosis diagnosis, with distribution across Java targeted for November 2026 and other regions to follow. It is also preparing more than 1,000 additional X-ray machines and portable units, alongside staffing and operational support, to expand access to screening in areas with limited healthcare infrastructure.

Denny Indrayana Says Gibran Is ‘Too Late’ to Prove His Qualifications at the Administrative Court

Lawyer Denny Indrayana says Gibran Rakabuming Raka had earlier opportunities to substantiate his educational qualifications and is now too late to do so in the ongoing administrative court case. The dispute concerns the equivalency certificate for Gibran’s high-school education, while Gibran says he plans to present documents from primary school through university following advice from President Prabowo Subianto.

TRANS7 Brings Leadership and AI Discussion to UGM’s Faculty of Cultural Sciences

TRANS7’s teaching programme drew hundreds of students to a discussion at Universitas Gadjah Mada on workplace readiness, leadership, creativity, adaptability and the use of AI in the creative industries. Speakers stressed that AI should support rather than replace human workers, while students welcomed the chance to hear practitioners’ perspectives and called for the programme to reach more campuses.

National Library: Librarians Need to Adapt and Make Better Use of AI

National Library chief E Aminudin Aziz says AI can improve librarians’ efficiency and services, but human oversight remains essential to ensure accurate information and proper collection management. Library leaders also highlighted AI-assisted back-office work and a new Library Passport initiative designed to promote specialist libraries and strengthen collaboration.

Gibran’s Brief Resignation Letter Cites the Interests of the Nation and State

Vice-President Gibran Rakabuming Raka has submitted a short letter resigning from office, saying he is doing so of his own accord in the interests of the nation and to ensure the smooth functioning of government. MPR Speaker Ahmad Muzani said the vice-presidency is now vacant and that the Assembly has up to 60 days to fill the position.

Emotional Moment as Gibran Meets Supporters After Submitting Resignation Letter

Vice-President Gibran Rakabuming Raka submitted a letter resigning from his post to the MPR leadership in Jakarta, then returned to the Vice-Presidential Palace, where supporters greeted him emotionally. MPR Speaker Ahmad Muzani said the letter gave no reason for the resignation and stated that Gibran was stepping down at his own request, citing the national interest and the smooth running of government.

Tin Business Forecast to Strengthen in 2027, Supported by AI and Data Centres

PT Timah expects the tin market to remain strong in 2027 as demand from electronics, semiconductors, data centres and AI outpaces global production. The company says Indonesia’s low domestic consumption means most output is exported, and is calling for faster growth in technology-based manufacturing to capture more value at home.

Yusril explains the difference between impeaching a vice-president and resignation

Coordinating Minister Yusril Ihza Mahendra says an impeached vice-president’s removal involves the House of Representatives (DPR), while a resignation is handled through coordination between the President and the People’s Consultative Assembly (MPR). Under Article 8(2) of the 1945 Constitution, the MPR selects a replacement from two candidates nominated by the President within 60 days; there is no automatic successor or direct public vote.

Gibran Bids Farewell

Gibran Rakabuming Raka submitted a letter of resignation from his post as Indonesia’s Vice-President to the MPR, asking the assembly to process it promptly. MPR chairman Ahmad Muzani said its leadership would meet to discuss the resignation and convene a joint session to determine the next steps; the article describes Gibran as the first post-Reformasi vice-president to resign.

Gibran’s resignation: Economist warns of risks to Indonesia’s economy

Economist Yusuf Rendy Manilet says an orderly, constitutional process for Vice President Gibran Rakabuming Raka’s resignation would limit macroeconomic disruption, though uncertainty could briefly weaken the rupiah and raise government bond yields. A prolonged political dispute could increase Indonesia’s risk premium and borrowing costs, while the MPR says it has up to 60 days to elect a successor.

Red-and-White Cooperatives in Padang: Andre Rosiade Urges Development of Village and Urban-Village Economies

At a cooperative empowerment event in Padang, lawmaker Andre Rosiade called for Red-and-White Village/Urban-Village Cooperatives (KDKMP) to develop local businesses and help distribute essential and subsidised goods. Speakers outlined the cooperatives’ regulatory framework and potential roles in connecting local producers to markets, supplying food programmes and strengthening community livelihoods.

Komodo National Park Entrance Fees Set to Rise Again

Komodo National Park is proposing higher entrance fees and charges for some activities, including diving and speedboat use, following its designation as a public service agency. The proposal also introduces a new fee for specialist activities; the implementation date has not yet been confirmed, and the final rates will be determined by the agency’s leadership.

DJP says tax revenue remains secure amid political turmoil over Gibran

Director General of Taxes Bimo Wijayanto said political developments surrounding Gibran Rakabuming Raka’s resignation as vice-president would not affect tax collection or economic activity. The MPR says it will begin the process of filling the vacant vice-presidential post, with a joint meeting scheduled to discuss the next steps under a 60-day deadline.

President Urges Speed as Airlangga Says 80% of IC-CEPA Is Complete Under ACFTA

Indonesia’s government is accelerating negotiations on an Indonesia-China economic partnership agreement, with about 80% of the discussions reportedly covered by the ASEAN-China Free Trade Area framework. Airlangga Hartarto said the remaining work includes non-tariff issues and called for swift signing, while highlighting local-currency transactions and Chinese trade and investment ties as key areas of cooperation.

How Much Pension Will Gibran Receive After Resigning as Vice-President?

Vice-President Gibran Rakabuming Raka has formally submitted his resignation to the People’s Consultative Assembly (MPR), prompting questions about his post-office entitlements. Under the relevant law, he would qualify for a pension and other benefits if the MPR records his departure as an honourable dismissal; the article estimates his basic pension at Rp20.16 million a month.

BPOM Targets Self-Sufficiency in Pharmaceutical Ingredients to Reduce Import Dependence

Indonesia’s Food and Drug Authority (BPOM) aims to build domestic self-sufficiency in pharmaceutical ingredients, as more than 90 per cent of supplies are currently imported. Its strategy centres on collaboration among academia, businesses and government to address technological, regulatory and research-commercialisation barriers and strengthen the pharmaceutical industry.

Gerindra Respects Gibran’s Resignation as Vice-President

Gerindra says it respects Gibran Rakabuming Raka’s decision to resign as Indonesia’s Vice-President, describing it as a sign of democratic maturity and prioritising national interests over personal ambition. The party called for a smooth constitutional transition, with the MPR given up to 60 days to process and appoint a permanent successor, while government programmes and public services continue uninterrupted.

BUMN Shares Enter HSC List; IDX Leaves Compliance Mechanism to Each Issuer

The Indonesia Stock Exchange says state-owned issuers classified as having high shareholding concentration (HSC) must ensure their share ownership is distributed more broadly, while leaving the means of doing so to each company. Danantara and the state-owned enterprises regulator say they will comply with the same rules as other issuers, with no exemptions; 11 BUMN stocks appear on the exchange’s new list of 300 HSC shares.

Prabowo Summons Ministers and MPR Leaders After Gibran Resigns

President Prabowo Subianto has called ministers and leaders of the People’s Consultative Assembly (MPR) to discuss the constitutional steps following Vice-President Gibran Rakabuming Raka’s resignation. Under the Constitution, the MPR must elect a successor within 60 days from two candidates proposed by the president; the resignation comes amid a legal dispute over Gibran’s educational credentials and calls in parliament to impeach him.

Israeli Strike Hits Hospital in Gaza, Killing Six

An Israeli strike hit the Nasser Hospital complex in southern Gaza, killing at least six people and injuring more than 20, according to Gaza authorities. Israel said it targeted senior Hamas operatives and claimed the group was using the hospital complex as a command centre, amid continuing mutual accusations of ceasefire violations.

Kerta Gosa Asset Dispute: Klungkung Palace Aims to Resolve It This Year

Puri Agung Klungkung and the Klungkung regency government aim to clarify ownership and resolve the status of the historic Kerta Gosa complex this year, paving the way for repairs to begin next year. Both sides say they are seeking a solution under applicable regulations, as unresolved legal status has repeatedly been flagged by auditors and is holding up restoration and management.

Hundreds of Volunteers Fill Vice-President’s Palace, Jostling to Shake Gibran’s Hand

Hundreds of supporters gathered at the Vice-President’s Palace in Jakarta to greet Gibran Rakabuming Raka after he submitted his resignation from the vice-presidency. Some sought to shake his hand, while one volunteer wept; Gibran then went to the Presidential Palace to formally submit his resignation to President Prabowo Subianto.

Joint team targets illegal parking in West Jakarta with tyre-valve removal operation

A joint team from Jakarta’s transport agency, the military and police took action against 21 motorbikes parked illegally near Season City Mall in West Jakarta, removing their tyre valves. The operation follows the governor’s direction to curb illegal parking and restore road and pedestrian access, with similar enforcement planned at other trouble spots.

Yusril Says Gibran’s Resignation Letter Is Just Five Paragraphs and Gives Reasons for Stepping Down

Coordinating Minister Yusril Ihza Mahendra says Gibran Rakabuming Raka’s letter seeking to resign as vice-president includes personal reasons, while also reflecting public sentiment. Yusril declined to disclose its detailed contents, saying he would focus on the legal mechanism; he described the letter as only five paragraphs long.

Gibran Leaves Vice-President’s Palace After Resigning from Office

Gibran Rakabuming Raka left the Vice-President’s Palace on Thursday after submitting his resignation to the People’s Consultative Assembly (MPR). The MPR has 60 days to appoint a new vice-president, according to the report.

Prabowo Shakes Hands with Gibran as He Submits Resignation Letter

Gibran Rakabuming Raka submitted a letter resigning as vice-president to President Prabowo Subianto and the People’s Consultative Assembly (MPR), although the official account gave no details of his meeting with Prabowo. The move comes amid legal challenges over the equivalence of Gibran’s high-school certificate and a parliamentary proposal to initiate impeachment proceedings against him.

Doctor stresses the importance of access to cardiac healthcare

Cardiologist Achmad Fauzi Yahya says expanding cardiac catheterisation laboratories across Indonesia must be matched by adequate infrastructure, staffing and funding. He warns that medical equipment cannot deliver equitable care if patients cannot reach hospitals or facilities lack the necessary approval and financing, and says broader cooperation is needed beyond the Health Ministry.

Yusril: Vice-President’s resignation does not mean an automatic replacement

Coordinating Minister Yusril Ihza Mahendra says a vacant vice-presidential post cannot be filled automatically and must be decided by the MPR. Under Article 8(2) of the Constitution, the President must submit two candidates for the MPR to choose within 60 days; the process does not involve a direct public election or the KPU.

Yusril: Gibran Resigned of His Own Accord in a Five-Paragraph Letter

Coordinating Minister Yusril Ihza Mahendra says Vice-President Gibran Rakabuming Raka submitted a brief resignation letter to the MPR, citing personal reasons and public sentiment. Under the relevant provision, the MPR must convene within 60 days to elect a successor from two candidates nominated by the President.

MPR to Hold Joint Meeting Tomorrow on Filling Vice-President’s Post

The People’s Consultative Assembly (MPR) will convene a joint meeting on Friday to discuss filling the vice-president’s post after Gibran Rakabuming Raka submitted his resignation. MPR chairman Ahmad Muzani said the assembly would decide when to formally ask President Prabowo Subianto to submit two replacement candidates; the president would then have 14 days to do so.