Indonesian Political, Business & Finance News

Archive: 12 November 2026

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Education Ministry Cancels and Recalls Gibran’s Education Equivalency Certificate

Indonesia’s Ministry of Primary and Secondary Education has revoked and ordered the recall of Vice-President Gibran Rakabuming Raka’s education equivalency certificate, following a Supreme Court ruling that upheld a legal challenge to it. The ministry’s decision says the document no longer has binding legal force, including if copies remain with the intended recipient or other parties.

Indonesian Police Probe Alleged Treason in Prabowo Wiretapping Case

Indonesia’s National Police has opened an inquiry into whether alleged wiretapping of President Prabowo and other figures involved a conspiracy to commit treason, alongside suspected wiretapping, illegal access and destruction of electronic documents. House Commission III called for the case to be investigated under treason provisions, describing the alleged surveillance as a grave threat to national security and sovereignty.

More Than a Ceremony: UBSI Plans a Modern and Memorable 64th Graduation

Universitas Bina Sarana Informatika (UBSI) will hold its 64th graduation ceremony at BSI Convention Centre in Bekasi from 15 to 21 November 2026. The university says it is combining formal academic proceedings with modern, interactive elements and improving services and facilities to create a memorable experience for graduates and their families.

MPR leaders arrive at parliament amid reports of Gibran’s resignation

Several MPR deputy speakers arrived at parliament as reports emerged that Vice-President Gibran Rakabuming Raka would submit his resignation letter. House Commission III chairman Habiburokhman said Gibran was expected to deliver the letter at around 11 a.m. Thursday, while MPR deputy speaker Bambang Wuryanto urged journalists to await his arrival.

Transmigration Minister Hands Over 1,570 Land Titles to Migrant Families in Eight Regencies

Transmigration Minister Muhammad Iftitah Sulaiman Suryanagara has handed over 1,570 land ownership certificates to transmigrant families across eight regencies, addressing claims that some households waited decades to receive their legal rights. The government says it has distributed titles covering 16,835 plots to more than 11,000 families over the past two years, while over 100,000 transmigrant households still lack certificates.

What Gibran Told MPR Leaders During Their Meeting

Vice-President Gibran Rakabuming Raka formally submitted his resignation to the People’s Consultative Assembly (MPR), saying the same letter had been sent to President Prabowo Subianto. MPR leaders plan to meet to begin processing the resignation and have up to 60 days to prepare the process for appointing a permanent successor.

Houthi Missile Debris Falls in Makkah After Interception

Saudi Arabia says it intercepted two ballistic missiles launched by Yemen’s Houthi movement, with debris falling in the Makkah region; no casualties or damage were immediately reported. The interceptions come amid a recent escalation, including multiple missile and drone attacks and Saudi-led coalition strikes on Houthi targets.

DIY Police Release 154 People Detained After Jogja Demonstration Turns Violent

Yogyakarta Regional Police said 154 of 157 people detained after a Heroes’ Day demonstration were released after investigators found insufficient evidence linking them to criminal offences. Two others tested positive for drugs and were handed to the provincial narcotics agency, while a third person was charged over allegedly carrying explosives and weapons intended to provoke violence.

Gibran Resigns as Vice-President; DPR Plenary on Impeachment Cancelled

The House of Representatives (DPR) cancelled a plenary session scheduled to discuss a proposal to exercise its Right to State an Opinion concerning Vice-President Gibran Rakabuming Raka’s diploma controversy. The cancellation came as Gibran submitted his resignation to the leadership of the People’s Consultative Assembly (MPR), after 120 lawmakers from eight factions had signed the proposal.

BMW Driven by Pakistani National Crashes in Menteng, Hitting Lamp Post and Pedestrian

A BMW driven by a Pakistani national crashed on Jalan Proklamasi in Central Jakarta, injuring a man who was sitting by the roadside. The car reportedly swerved after encountering an uneven road surface, then struck a lamp post and the pedestrian, who was taken to hospital for treatment.

MPR Leaders to Open Gibran’s Resignation Letter Together

MPR Speaker Ahmad Muzani said he had not yet read the full resignation letter submitted by Vice-President Gibran Rakabuming Raka. MPR leaders will review it together and convene to determine the next steps, with the legislature having 60 days to secure a permanent replacement, Muzani said.

MAPI, NCKL and PGEO Removed from LQ45; Here Are Their Replacements

The Indonesia Stock Exchange has removed MAPI, NCKL and PGEO from the LQ45 after identifying them as having high shareholder concentration. ERAA, GGRM and PWON will replace them in the 45-stock index for the period from 18 November 2026 to 29 January 2027.

PKB MPR Faction Ready to Process Vice-Presidential Replacement in Accordance with the Constitution

The PKB faction in the People’s Consultative Assembly says it is prepared to handle a vice-presidential vacancy following Gibran Rakabuming Raka’s reported formal resignation. It cites constitutional and statutory rules requiring the Assembly to choose a successor within 60 days from two candidates nominated by the President, and urges political actors to avoid speculation.

Is Gibran’s Resignation Weakening the Rupiah? An Economist Weighs In

An economist says the vice-president’s reported resignation could raise Indonesia’s risk premium, although its immediate effect on the rupiah is likely to be limited. The currency’s current weakness is driven more by shifting market expectations for US Federal Reserve interest rates; political fallout could have a more lasting impact if it spreads to coalition or social stability.

Video: Seven Key Climate Issues at COP31, from Disasters to Carbon Emissions

Türkiye will host COP31 on 9–20 November 2026, bringing countries together to strengthen global cooperation on climate action and assess progress towards the Paris Agreement. Indonesia will promote five priorities, while the conference is expected to address seven major issues, including climate finance, clean-energy transition, resilience and emissions reductions.

A Mother’s Voice from COP 31: Cities for Families—Mothers at the Heart of Caring Cities

At COP 31, the author argues that cities must be shaped through collaboration among governments, institutions and residents, rather than treated solely as economic assets. Examples from climate-finance forums and Milan’s sponge-city project show how nature-based infrastructure can improve urban life, but depend on long-term maintenance and community ownership—roles in which mothers are especially important.

MPR Speaker: Gibran Said Little When Submitting Resignation Letter

MPR Speaker Ahmad Muzani said Vice-President Gibran Rakabuming Raka simply submitted his resignation and asked the assembly to process it promptly. The MPR is to convene a joint meeting, while it has up to 60 days to appoint a permanent successor; President Prabowo Subianto has 14 days to submit two replacement candidates after receiving the MPR’s request.

Industry Minister: Skilled Human Resources Key to Successful Industrial Development

Industry Minister Muhammad Sarmuji said a competent workforce is essential to downstream processing, technological transformation and higher value-added production. The 13 vocational institutions under the Ministry of Industry graduated 3,133 students, with 52–96 per cent of graduates reportedly entering industrial-sector jobs within two to six months.

Pramono backs police investigation into sexual abuse case at South Jakarta Islamic boarding school

Jakarta Governor Pramono Anung Wibowo has pledged full support for police investigating alleged sexual abuse of seven students at an Islamic boarding school in Petukangan Utara. The provincial government says it will assist the victims through the legal process, while police coordinate with Jakarta’s women and children’s protection unit and the National Commission for Child Protection.

Four State-Owned Investment Managers Merge, Danareksa Investments Assures Clients Their Assets Are Safe

Four state-owned investment managers have merged to form PT Danareksa Investment Management Indonesia, but the company says clients’ funds and portfolio assets remain separately held by custodian banks and their investment mandates are unchanged. The combined firm manages Rp172.5 trillion in assets under management, offers 223 products and serves about one million retail investors and 375 institutional clients.

Bobby Nasution Offers Prayers After Gibran Submits Resignation Letter to MPR

North Sumatra Governor Bobby Nasution says he respects and supports Vice-President Gibran Rakabuming Raka’s decision to submit a resignation letter to the People’s Consultative Assembly (MPR). Nasution says he has not spoken directly with Gibran and does not know the reasons behind the move, but the family is praying for what is best for the Indonesian people.

JK: Ending Armed Conflicts Is More Important Than Addressing Their Consequences

Jusuf Kalla says dialogue and negotiations to end armed conflicts must be prioritised alongside humanitarian relief, arguing that peace is the surest way to restore normal life and prevent further suffering. Drawing on Indonesia’s experience with communal conflicts, he urged religious leaders, governments and communities to help build peace and called for stronger international cooperation in both conflict response and prevention.

Unusual Spanish Hotel Accepts Reservations Only by Handwritten Letter

El Elevador, a remote hotel on Spain’s Canary Islands, requires prospective guests to apply for a stay by handwritten letter, with replies taking up to several weeks. The two-person retreat has no Wi-Fi or mobile signal and uses its deliberately analogue booking process to complement an experience focused on privacy, quiet and the surrounding volcanic landscape.

Indonesia’s Vice-President Gibran formally submits resignation amid controversy over educational qualifications

Vice-President Gibran Rakabuming Raka has submitted his resignation to the People’s Consultative Assembly and President Prabowo Subianto, following court rulings concerning whether his education documents met election requirements. The Upper House has three days to approve the resignation and 60 days to choose a replacement, as impeachment calls deepen political tensions between Prabowo and former president Joko Widodo.

Gibran Officially Submits Resignation as Indonesia’s Vice-President

MPR Speaker Ahmad Muzani says Vice-President Gibran Rakabuming Raka has formally submitted his resignation to the legislature and to President Prabowo Subianto. The MPR says it has up to 60 days to secure a permanent successor, as the resignation follows controversy over Gibran’s educational credentials and impeachment calls.

Jokowi Says He Will Continue to Support Prabowo Subianto’s Government

Former president Joko Widodo says he will continue to back President Prabowo Subianto’s government, particularly programmes serving the public interest. He described political developments as normal, while Vice-President Gibran Rakabuming Raka met MPR leaders amid speculation about his resignation and a parliamentary motion linked to questions over his academic credentials.

Jokowi Responds to Gibran’s Resignation as Vice-President

Former president Joko Widodo said he would continue to support President Prabowo Subianto’s government, describing the reported resignation of Vice-President Gibran Rakabuming Raka as a normal part of political dynamics. Gibran met with leaders of the People’s Consultative Assembly (MPR) in Jakarta amid speculation about his position and parliamentary moves related to questions over his academic credentials.

Higher Education Ministry Urges Universities to Produce Research with Real-World Impact

Indonesia’s Ministry of Higher Education, Science and Technology is urging universities to focus research on practical solutions to community needs, rather than publications and academic reputation alone. The ministry says its programmes will support research uptake, collaboration with industry and local governments, and equal access for public and private universities.

Culture Minister Urges Digital Innovation to Preserve Wayang Arts

Culture Minister Fadli Zon is encouraging the use of digital technology and artificial intelligence to bring wayang to younger generations while safeguarding its traditional values. He also highlighted the art form’s cultural and economic importance, and called for stronger support for artists, communities and education.

Prabowo Has 14 Days to Submit Two Gibran Replacement Vice-Presidential Candidates to MPR

President Prabowo Subianto has 14 days from the MPR’s formal notice of the vice-presidential vacancy to submit two candidates to replace Gibran Rakabuming, who has said he is resigning. The MPR must hold a plenary session within 60 days to elect a successor, with all its members voting between the two nominees.

Bima Arya Urges Regional Heads to Strengthen Coordination with Forkopimda

Deputy Home Affairs Minister Bima Arya Sugiarto has urged regional leaders to build strong, professional relationships with their respective Regional Leadership Coordination Forums (Forkopimda). He said effective coordination among local officials helps maintain public order, consolidate governance and address problems such as extortion and disturbances.

Education Ministry Revokes Gibran’s Equivalency Certificate and Seeks to End PTUN Hearing

Indonesia’s Ministry of Primary and Secondary Education has revoked the high-school equivalency certificate issued to Gibran Rakabuming Raka, following a Supreme Court ruling that declared it invalid. The claimant has also withdrawn its lawsuit, but an intervening party opposes ending the proceedings, leaving the Jakarta State Administrative Court to decide whether the case should continue.

Six Indonesian Presidents and Vice-Presidents Who Did Not Complete Their Terms, Including Soeharto

Several Indonesian presidents and vice-presidents have left office before completing their terms through resignation, removal by state institutions or presidential succession. The article reviews the departures of Soeharto, Abdurrahman Wahid, Sukarno, Mohammad Hatta, B.J. Habibie and Megawati, and reports that Vice-President Gibran Rakabuming Raka has submitted his resignation on 12 November 2026.

UGM: Seven Students Released, One Still Receiving Treatment

Universitas Gadjah Mada says seven students detained after unrest following a Heroes’ Day demonstration in Yogyakarta have been released, while another remains in hospital with injuries. The university has directed the released students to undergo medical examinations and forensic assessments as it awaits results that may help establish whether they experienced violence.

Gibran Resigns as Vice-President; Jokowi Says He Will Continue Supporting Prabowo Government

Joko Widodo says Gibran Rakabuming Raka should continue supporting President Prabowo Subianto’s programmes, particularly those serving the public, despite resigning as vice-president. MPR Speaker Ahmad Muzani says Gibran has submitted his resignation to both the MPR and the president.

MPR Has 60 Days to Choose New Vice-President to Replace Gibran

The People’s Consultative Assembly (MPR) says it has up to 60 days to appoint a definitive vice-president after receiving Gibran Rakabuming’s resignation letter. MPR Speaker Ahmad Muzani said the letter had also been submitted to President Prabowo Subianto.

Gibran Bids Farewell and Embraces MPR Leaders After Submitting Resignation Letter

Vice-President Gibran Rakabuming Raka submitted his resignation letter to the People’s Consultative Assembly (MPR), then bid farewell to assembly leaders before leaving the building. MPR Chairman Ahmad Muzani said the assembly would follow up on the letter, which Gibran had also reportedly sent to President Prabowo Subianto, and that Gibran had asked for it to be processed promptly.

Ingram Micro Indonesia Explains Sovereign AI and Data Security

Ingram Micro Indonesia President Director Mulia Dewi Karnadi says sovereign AI can help keep sensitive data within Indonesia and protect it from leaks, while ensuring data is shared only with its owner’s consent. She also identifies the shortage of skilled digital talent as a key challenge and says the company is supporting ecosystem development through training, roadshows and its annual Innovation Day.

Sumatra Local Government Awards: Bima Arya Highlights Three Assessment Criteria

The Ministry of Home Affairs has recognised high-performing local governments across Sumatra, assessing regional leaders on coordination with regional leadership forums, civil registration services and economic growth. Deputy Home Affairs Minister Bima Arya said local governments must work collaboratively to support the national 8 per cent growth target, with awards including government assistance and additional funding.

Gibran Officially Resigns; MPR Has 60 Days to Choose a Successor Vice-President

Gibran Rakabuming Raka has formally resigned as Indonesia’s vice-president, and MPR Speaker Ahmad Muzani says the legislature has received his resignation letter. The constitution gives the MPR up to 60 days to select a permanent successor, with internal and joint meetings due to begin immediately.

JCI Rises 2.2% at Midday, State-Owned Banks Provide Support

Indonesia’s Composite Stock Price Index (JCI) gained 2.2% to 5,227.50 by the close of the first trading session, with energy, technology and financial shares leading advances. Shares in state-owned banks, including BRI, Bank Mandiri and BNI, were among the main index supports; the rise coincided with an MSCI announcement and reports that Vice-President Gibran Rakabuming Raka had submitted his resignation.

Manpower Ministry Wins 2026 Anindhita Wistara Data Award

Indonesia’s Ministry of Manpower has received the 2026 Anindhita Wistara Data Award in the ministry category, recognising its efforts to improve data governance and the quality of sectoral statistics. Minister Yassierli said reliable data, including the National Labour Force Survey (Sakernas), is vital to evidence-based employment policymaking; Sakernas is now conducted four times a year, up from twice previously.

Inside Gibran’s Closed-Door Meeting to Submit His Resignation Letter to the MPR

Vice-President Gibran Rakabuming Raka formally submitted his resignation to the People’s Consultative Assembly (MPR), which will begin considering the next steps. MPR chairman Ahmad Muzani said Gibran asked the assembly to process the resignation promptly; the MPR has up to 60 days to determine a permanent vice-president.

Prabowo Must Submit Two Candidates to MPR to Replace Gibran

Indonesia’s Constitution and the MD3 law require the president to nominate two vice-presidential candidates if the office becomes vacant, with the MPR selecting a successor within 60 days. Gibran Rakabuming Raka has submitted his resignation to the MPR and President Prabowo Subianto, which says it will respond through constitutional procedures.

Hundreds of Securities Firms and Investment Managers Submit Commitments to Strengthen Institutions

The Financial Services Authority (OJK) says 192 securities firms and investment managers have submitted commitments to select business activity groups under new rules. The framework sets permitted activities according to each firm’s capabilities, with compliance due by April 2029 as OJK monitors capital adequacy, governance and enforcement.

Pelita Air to Offer 22,500 Seats for the 2026/2027 Christmas and New Year Holiday Period

Pelita Air is preparing 22,500 seats for flights during the 2026/2027 Christmas and New Year holiday period, running from 22 December to 10 January. The airline says it will focus on aircraft readiness, staffing and ground-handling equipment to manage the expected rise in passenger demand, alongside special seasonal programmes.

Jokowi’s Full Statement on Gibran’s Resignation

Former president Joko Widodo says his son, Vice-President Gibran Rakabuming Raka, had discussed plans to resign with him. Jokowi said political posts are temporary and urged Gibran to continue supporting President Prabowo Subianto’s government and programmes serving the public interest.

MPR to Follow Up on Gibran’s Resignation Letter

MPR chairman Ahmad Muzani says the legislature will promptly convene to consider Gibran Rakabuming Raka’s resignation as Vice-President. The MPR has up to 60 days to appoint a successor, while President Prabowo Subianto has 14 days after receiving the MPR’s request to submit two candidates.

Gibran Officially Resigns; MPR to Meet and Has 60 Days to Appoint Permanent Vice-President

The People’s Consultative Assembly (MPR) will convene after receiving Gibran Rakabuming Raka’s resignation as vice-president, with the constitution allowing up to 60 days to appoint a permanent successor. The president must submit two candidates within 14 days after the MPR approves the resignation, in accordance with the law governing the People’s Consultative Assembly, House of Representatives and Regional Representative Council.

IDI: The Natural Sweetness of Mineral Water Comes from a Balance of Minerals

A study led by Dr Dien Kurtanty, with the Indonesian Medical Association (IDI) as scientific adviser, examined how naturally occurring minerals shape the taste of mineral water and consumer preferences. It found that 96% of respondents preferred water with a mild, natural sweetness, and IDI urged consumers to consider mineral content—not just packaging or price—when choosing mineral water.