Indonesian Political, Business & Finance News

Archive: 12 November 2026

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Copyright Bill Sets Compensation for Media and Rules on AI; Google Warns of Impact

Google, Meta and TikTok have objected to Indonesia’s proposed Copyright Law revision, which would require digital platforms to compensate news publishers and regulate the use of AI. The companies warn that the measures could restrict access to information, reduce publishers’ audience traffic and impose disclosure duties even when AI is used only as an assistive tool.

Crypto Transactions Rise 31.96% as Stock Tokenisation Gains Attention

Indonesia’s crypto-asset transactions reached Rp30.56 trillion in September 2026, up 31.96% from August, while the number of consumer accounts and digital-asset derivatives trading also increased. The growth is fuelling interest in tokenised exposure to overseas shares, but investors are cautioned that tokens do not necessarily confer ownership or shareholder rights and carry distinct risks.

Those Whose Presence Is Hated and Unwelcome: Who Are the Worst of People?

The article contrasts people whose company is welcomed with those whom others avoid because their words make gatherings uncomfortable. Citing a hadith narrated by Aisyah and recorded by Bukhari and Muslim, it identifies as among the worst people those whom others shun out of fear of their foul or hurtful speech.

Governor Promises to Fund High-Achieving People’s School Graduates in Central Sulawesi Through University

Central Sulawesi Governor Anwar Hafid has pledged to fund high-achieving graduates of the Tadulako Nambaso People’s School for further study, including overseas education if needed. He said the initiative supports equal access to education and efforts to break the cycle of poverty, and highlighted aspiring medical students for extra preparation.

MPR Speaker to Meet Prabowo to Agree Date for Vice-President’s Replacement Session

MPR Speaker Ahmad Muzani says he will consult President Prabowo Subianto on the timing of proceedings following Gibran Rakabuming Raka’s resignation as vice-president. The MPR has 60 days to complete the process, while the president has 14 days after receiving the MPR’s letter to propose two candidates.

Bogor City Secretary: Regional Hospital Officials Must Be Digitally Literate

Bogor City Secretary Denny Mulyadi has urged 43 newly appointed non-structural officials at Bogor City Regional General Hospital to improve patient services through stronger digital skills, adherence to procedures and transparent communication. He said technology should make everyday work easier, including allowing staff to access patient information on handheld devices.

Roadside Cliff Collapses in Bogor After Heavy Rain, Cutting Off Residents’ Access

A rain-eroded roadside embankment collapsed in Kertamaya, South Bogor, leaving residents’ usual route into and out of their neighbourhood impassable. Bogor’s disaster agency assessed the site and residents closed the road to vehicles, forcing them to take an alternative route.

MPR to Inaugurate Hidayat Nur Wahid’s Replacement Next Monday

The MPR will inaugurate Mohamad Sohibul Iman as deputy speaker on Monday, following Hidayat Nur Wahid’s resignation. Nur Wahid is stepping down after being assigned to lead the DPR’s Inter-Parliamentary Cooperation Agency, with the PKS saying the role will strengthen parliamentary diplomacy and support for Palestinian independence.

Gibran Bids an Emotional Farewell to Volunteers and Civil Servants at Vice-Presidential Palace

Gibran Rakabuming Raka arrived at the Vice-Presidential Palace after submitting his resignation, where volunteers and staff gathered to see him. The MPR has 60 days to appoint a new vice-president, according to its chairman, Ahmad Muzani.

Full Text of Gibran’s Resignation Letter as Vice-President

MPR Speaker Ahmad Muzani read out Gibran Rakabuming Raka’s letter resigning as vice-president, submitted amid mounting political pressure over court rulings concerning his education credentials. The resignation followed a parliamentary move by 120 MPs to pursue a motion to express an opinion, while a plenary session scheduled to discuss the matter was cancelled after the letter was delivered.

Contents of Gibran’s ‘Resignation’ Letter as Vice-President Revealed

MPR Speaker Ahmad Muzani read out a letter in which Vice-President Gibran Rakabuming Raka says he is stepping down at his own request, citing the interests of the nation and state. The letter gives no specific personal or other explanation, and Muzani said it contained no further reasons for the resignation.

Thousands of Schools in Britain and Ireland Receive Hoax Threat Emails

Authorities in the UK and Ireland have dismissed threat emails sent to around 1,000 schools in Scotland and more than 300 schools in Northern Ireland as hoaxes. Police said the messages were not credible and advised schools not to evacuate or suspend lessons solely because of them.

PKB: Motion to Impeach Gibran Will Not Proceed

PKB lawmaker Muhammad Khozin says a proposed motion to impeach Vice-President Gibran Rakabuming Raka will be dropped following Gibran’s resignation, which has rendered it moot. Parliament is expected to follow constitutional procedures to fill the vacancy, with the President submitting two candidates to the People’s Consultative Assembly (MPR) for a vote.

Nvidia CEO Jensen Huang Faces Ouster Threat and Lawsuit After Scandal

Nvidia’s board is reportedly preparing to meet to decide Jensen Huang’s future after reports of alleged extramarital relationships, including one said to have possible links to Chinese intelligence. Separately, shareholders have filed a class-action lawsuit accusing the company and Huang of misleading investors by failing to disclose material information about his alleged relationship with a former Megaspeed executive and the company’s business dealings.

Pelita Air Has 16 Aircraft: Chief Reveals Plans to Add Routes and Buy More

Pelita Air plans to operate all 16 aircraft this year and raise daily utilisation to more than 10 hours, allowing it to increase flight frequencies without immediately expanding its fleet. It is adding Batam as a destination and is preparing a five-year plan that will determine how many aircraft it intends to acquire.

Flocks of Birds Could Help Predict Pass Rates in Electrical Certification Tests

Researchers have combined a neural network with Particle Swarm Optimisation (PSO), an algorithm inspired by the collective behaviour of birds, to predict outcomes in electrical certification tests. Tested on data from 200 candidates, the model raised accuracy from 76.5% to 83%, while narrowing the assessment variables to four key attributes; the researchers say it could support training but should not replace human assessors.

PSI Urges Political Elites to End Gibran’s Degree Controversy Following His Resignation

The Indonesian Solidarity Party (PSI) has called on political leaders to stop debating Gibran Rakabuming Raka’s academic credentials after he submitted his resignation as Vice-President to the People’s Consultative Assembly (MPR). PSI says it respects court rulings and backs the move as a way to end political uncertainty and allow the government to focus on public priorities.

Police Name One Suspect after Yogyakarta Unrest; 154 Released

Yogyakarta police have released 154 of the 157 people detained following unrest during a Heroes’ Day demonstration, while naming one person as a suspect and handing two others to the provincial narcotics agency. The suspect is accused of carrying Molotov cocktails, firecrackers and a folding knife allegedly intended to trigger violence, and faces a possible prison sentence of up to 15 years.

What Is Fatty Liver and How Can It Be Prevented?

Fatty liver, often symptomless in its early stages, can progress to inflammation, scarring and cirrhosis. The article outlines metabolic and lifestyle risk factors, prevention and diagnosis, while noting that newer 2023 estimates put MASLD prevalence at 16.1% of the world’s population; this differs from earlier NAFLD estimates because the definitions and methods are not directly comparable.

Indonesia to Have a New Vice-President by January 2027 at the Latest

Following Gibran Rakabuming Raka’s resignation, the MPR must hold a plenary session to elect a new vice-president within 60 days of the vacancy. The process involves the President nominating two candidates, verification of their eligibility and a vote by MPR members; the replacement is expected to be appointed by January 2027 at the latest.

Indonesia inspects Sebatik Island over unresolved border issues

An Indonesian delegation inspected Sebatik Island to review unresolved border demarcation issues and accelerate the opening of its state border post. Officials said better coordination to address local challenges and improve residents’ welfare is important both for border management and territorial defence, with some measures potentially starting in early 2027.

Bank BJB Committed to Advancing Regional Economic Development: Here’s How

Bank BJB says it supports regional economic growth and more equitable prosperity through financing for local governments and programmes that help micro, small and medium-sized enterprises (MSMEs) develop. The bank received an award for regional economic development and outlined four strategic priorities, while reporting assets of Rp219.7 trillion and net profit of Rp1.1 trillion as of September 2026.

Arriving in a Red Tie, Gibran Hands Resignation Letter to the MPR

Vice-President Gibran Rakabuming Raka arrived at the MPR building on 12 November to meet its leadership, after first meeting President Prabowo Subianto at the State Palace. The report says Gibran had decided to resign as Indonesia’s 14th vice-president, with the visit taking place amid confirmation from Deputy House Speaker Sufmi Dasco Ahmad.

Latest Update on UGM Students Detained by Police After Violent Protest: Seven Released, One Hospitalised

Universitas Gadjah Mada says seven of its eight students detained by Yogyakarta police after a protest on 10 November have been released in good health. Another student, who was taken directly to hospital with injuries requiring stitches, remains in recovery; the university says it will provide legal, medical and psychological support to affected students.

Pramono Gives Plaza Senayan and Senayan City Ultimatum Over Traffic, Threatens Higher Taxes

Jakarta Governor Pramono Anung has told the developers of Plaza Senayan and Senayan City to address congestion around the shopping centres, proposing an underground link between them. He warned that the city could impose higher taxes or close the road access in front of the complexes if they fail to act, as part of efforts to involve private developers in easing Jakarta’s traffic problems.

Gibran Resigns: The Oldest and Youngest Indonesian Vice-Presidents to Leave Office

Gibran Rakabuming Raka has reportedly submitted his resignation as vice-president at the age of 39, making him the youngest to leave the post. The article compares his age with previous vice-presidents, including Ma’ruf Amin, who was 81, and Megawati Soekarnoputri, who was 54, when they left office.

BRI Extends Rp1,250 Trillion in Loans to Support Indonesian MSMEs, with Growth Continuing

BRI’s outstanding loans to micro, small and medium-sized enterprises (MSMEs) reached Rp1,250 trillion at the end of September 2026, accounting for 75.9% of its total lending and rising 8.6% year on year. The bank also disbursed Rp167 trillion in government-backed KUR loans in the first nine months of 2026, with agriculture receiving the largest share, as it emphasised prudent lending and improving credit quality.

Najib barred from politics under house arrest; family allowed to stay with him

Malaysia’s Home Minister says former prime minister Najib Razak may not engage in political activity, make media statements or use social media while serving the remainder of his sentence under house arrest. The conditions limit his residence, visitors and communications, with prison and police monitoring; any breach would return him to prison, while his family may live with him.

Indonesia’s Crude Oil Price Rises to US$117.24 a Barrel: Here’s Why

Indonesia’s average crude oil price (ICP) rose by US$4.43 a barrel in October 2026 to US$117.24, with the Energy and Mineral Resources Ministry citing heightened geopolitical tensions and tight global supplies. Disruption concerns around key shipping routes, alongside low commercial inventories and strong refinery demand, helped lift international oil benchmarks.

Dasco Says Gibran’s Resignation as Vice-President Was Carefully Considered for the Good of the Nation

Deputy Speaker of the House Sufmi Dasco Ahmad said Gibran Rakabuming Raka’s resignation as vice-president had been carefully considered and was intended to benefit the nation. Gibran has submitted resignation letters to the People’s Consultative Assembly (MPR) and President Prabowo Subianto; the MPR says it has up to 60 days to secure a replacement, while the president has 14 days to propose two candidates.

Barantin Chief Teams Up with KPK to Strengthen Integrity Among 5,938 Civil Servants

Indonesia’s Quarantine Agency (Barantin) has partnered with the Corruption Eradication Commission (KPK) to deliver integrity and anti-corruption training to 5,938 civil servants across the country. The online programme will run until January 2027, aiming to embed ethical conduct in public services and the agency’s work overseeing the movement of animals, fish and plants.

Contents of Gibran’s ‘Resignation’ Letter: Resigns as Vice-President at His Own Request

Gibran Rakabuming Raka has submitted a written resignation from his position as Indonesia’s vice-president, saying he is stepping down at his own request in the interests of the nation and the smooth running of government. MPR Speaker Ahmad Muzani said the letter gave no specific reason and that Gibran had also sent it to President Prabowo Subianto for processing.

Gibran Resigns, Vice-Presidency Vacant from Today

MPR chairman Ahmad Muzani says the vice-presidential office has been vacant since Gibran Rakabuming Raka submitted his resignation. The MPR says it will move to fill the position, with the 1945 Constitution allowing up to 60 days for the appointment process.

Bogor Mayor Calls for Smart KKI to Be Monitored to Minimise Technical Issues

Bogor Mayor Dedie A. Rachim has asked the city’s communications department to oversee the development and evaluation of Smart KKI, a digital system designed to accelerate and monitor transactions using Indonesian Credit Cards. He also urged city departments to manage their remaining 2026 budgets realistically and efficiently, while ensuring strategic projects already tendered proceed as planned.

Danantara Chief Gives Indication of Financial Report Release Date

Danantara expects to publish its 2025 financial statements towards the end of November, after the Supreme Audit Agency (BPK) completed its examination. The investment agency has not released public accounts since its launch in February 2025, with officials citing the complexity of consolidating more than 1,000 state-owned companies and a commitment to transparent, accountable reporting.

Koster Targets Completion of Turyapada Tower in Buleleng by the End of 2026

Bali Governor Wayan Koster says the Turyapada Tower is expected to be completed by the end of 2026, bringing clearer television broadcasts and better telecommunications access to areas with poor coverage. The project forms part of the provincial government’s wider digital infrastructure programme, alongside a creative and innovation hub scheduled to open in 2027.

PKB faction: Vice-presidential vacancy must be filled in accordance with the Constitution

The MPR’s PKB faction says it is ready to carry out its constitutional role if the vice-presidential post becomes vacant following Gibran Rakabuming Raka’s resignation. It says the process must follow the procedures in the 1945 Constitution and the MPR law, with the President proposing two candidates for the MPR to choose between.

Nvidia Board Reportedly Prepares to Remove CEO Amid Alleged China Intelligence Links

Nvidia’s board is reportedly preparing to decide Jensen Huang’s future after reports of two extramarital relationships, one involving a woman alleged to have links to Chinese intelligence. The company is also facing a shareholder class-action lawsuit alleging that Nvidia and Huang misled investors about his ties to a former Megaspeed executive and the company’s dealings with the Singapore-based firm.

West Java Provincial Games to Boost Bogor Regency’s Economy and SMEs

Bogor Regency says hosting the 2026 West Java Provincial Sports Week is expected to bring business to local hotels, food outlets and small enterprises, as athletes and delegations arrive from across the province. The event is also being used to showcase the region’s facilities and economic potential, while the regency’s contingent targets a top-three finish.

What Is Early-Onset Osteoporosis and Who Is at Risk?

Osteoporosis can develop in younger people, often without obvious symptoms, with risks including hormonal disorders, poor nutrition, inactivity, chronic illness and long-term use of certain medicines. The article outlines warning signs, diagnostic testing and preventive steps, emphasising the importance of identifying risk factors early to help prevent fractures.

Indonesia Stock Exchange Overhauls Market Rules, Removing 300 Closely Held Stocks from Benchmark Index

The Indonesia Stock Exchange has expanded its High Shareholding Concentration watchlist to 383 companies after removing market-capitalisation and price-impact screening thresholds, and will exclude 300 newly flagged stocks from the Jakarta Composite Index from 13 November 2026. The move aims to make the benchmark more representative of liquid, investable shares, while analysts warn that affected stocks could face higher volatility and weaker liquidity, urging investors to focus on fundamentals rather than panic selling.

BPOM Finds 11 Dangerous Cosmetics, Some Containing Mercury

Indonesia’s Food and Drug Monitoring Agency (BPOM) has identified 11 cosmetic products containing prohibited or hazardous ingredients, including mercury, following routine market surveillance from July to September 2026. The agency is taking enforcement action, including revoking marketing authorisations and suspending production, distribution and imports, while warning consumers of serious health risks.

CityUHK achieves historic fourth place in QS Asia University Rankings 2027

City University of Hong Kong climbed three places to fourth in Asia and ranked second in Hong Kong in the 2027 QS Asia University Rankings, with three Hong Kong universities placing in the region’s top five for the first time. CityUHK led Asia in three indicators and Hong Kong in eight, including measures of internationalisation and research, bolstering the city’s ambitions to become an international education hub.

UBSI’s International Collaboration Discusses AI and Supercomputers for Drug Development Research

Universitas Bina Sarana Informatika (UBSI) hosted an international research event with BRIN, SIAT-CAS and Nanyang Technological University to examine the use of AI and high-performance computing in screening natural products for drug research. Participants also discussed privacy-preserving computing as a way to protect sensitive research data, with the collaboration intended to foster further joint research in health and pharmaceutical technology.

Unpatti Partners with Dutch and Australian Universities to Strengthen Medical Studies

Pattimura University (Unpatti) is working with universities in the Netherlands and Australia to broaden medical students’ understanding of global health and healthcare challenges in Maluku’s island communities. The partnership is intended to develop beyond student exchanges into long-term cooperation in education, research and community service, while helping strengthen local health capacity and access to international career opportunities.

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

Under Indonesian law, Gibran Rakabuming Raka would be entitled to a monthly pension equal to 100% of his final basic salary if he resigned as vice-president. Based on the statutory salary calculation, this would amount to Rp20.16 million a month, in addition to other pension rights and state-provided benefits.

Two Chinese Nationals Selling Imported Goods at Bekasi Stall Deported

Indonesian immigration officers detained two Chinese nationals for selling imported goods in Cikarang, Bekasi, while holding visit visas that did not permit them to work or run a business. Both were deported and barred from re-entering Indonesia after immigration checks found they could not produce their passports.

West Jakarta Man Steals Neighbour’s Motorbike and Trades It for Meth and Rp200,000

A man in Tambora, West Jakarta, has been arrested after allegedly stealing his neighbour’s motorbike and exchanging it for a packet of crystal methamphetamine and Rp200,000. Police are still searching for a second suspect; both face a possible seven-year prison sentence under Article 477 of the Criminal Code.

The Shadow of Pegasus in the Presidential Surveillance Case

The exposure of alleged surveillance targeting President Prabowo has raised questions over whether authorities used a lawful interception system or the Pegasus spyware. Police say suspects misused a police-owned LIMS device and have consistently described the technology as lawful, while suspicions surrounding Pegasus remain unresolved.

Subhan, Who Challenged Gibran’s Education Equivalency Certificate, Welcomes His Resignation: ‘For Now, I’m Relieved’

Subhan Palal, who challenged the validity of Vice-President Gibran Rakabuming Raka’s overseas high-school equivalency certificate, said he felt relieved by Gibran’s resignation and urged President Prabowo Subianto to ensure that the next vice-president meets the education requirements. The Supreme Court has upheld Subhan’s appeal, ruling the certificate invalid and void, after lower courts rejected his lawsuit.