Indonesian Political, Business & Finance News

Archive: 12 November 2026

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Car Window Smashed at Depok Night Market, Thieves Steal Tablet and Laptop

Thieves broke into a car parked near a night market in Limo, Depok, and stole a tablet, a wallet and an HP laptop. Cinere Police have inspected the scene and are investigating the case.

Experts Praise DPD Awards 2026 Finalists: Local Heroes Driven by the Heart

A member of the DPD RI Awards 2026 expert panel praised the finalists and winners as local heroes who act to address problems in their communities, rather than to receive recognition. He said rigorous interviews and field verification helped ensure an independent selection, and urged the DPD to expand the award categories and publicise the programme more widely.

Bima Arya Warns That Many Countries Have Missed Out on the Demographic Dividend

Deputy Home Affairs Minister Bima Arya Sugiarto warned that Indonesia must prepare its productive-age population to benefit from its demographic dividend, which is expected to end nationally around 2038 or 2040. He said the window varies by province and urged regional leaders to focus on equipping Generation Z and millennials, particularly young people, so they do not become an economic burden.

Senior Lawmaker Seeks Treason Probe into Prabowo Wiretap Case

Habiburokhman has urged police to investigate alleged wiretapping of President Prabowo and other prominent figures as possible treason, describing it as a threat to constitutional order and national security. Parliament’s law-enforcement commission called for a broader inquiry and firm criminal action against everyone involved, including those who allegedly ordered or benefited from the operation.

Volunteers Visit Vice-Presidential Palace Amid Reports Gibran Will Resign

Volunteers from the JPKP organisation visited the Vice-Presidential Palace after reports that Vice-President Gibran Rakabuming Raka had submitted his resignation to President Prabowo Subianto. One volunteer said Gibran had invited them to meet, but she did not know the purpose of the gathering; the palace also saw an unusual arrival of food carts.

Freeport Chief Details Concrete Efforts to Cut Emissions at Its Mine

PT Freeport Indonesia says electric trains replacing diesel-fuelled trucks and a planned switch from coal-fired power to LNG could reduce operational carbon emissions by 60%. The company is also considering hydropower and solar, while reporting progress on reclamation and mangrove planting commitments tied to its operations through 2041.

Luthfi Urges Faster Permits for 12 Industrial Estates in Central Java

Central Java Governor Ahmad Luthfi has urged the Investment and Downstreaming Ministry to speed up permits for 12 proposed industrial estates, arguing that investment and job creation depend on a quicker approval process. Deputy Minister Todotua Pasaribu said permits could be completed within 30 days once requirements are complete; the province reported Rp72.54 trillion in investment during January–September 2026.

Unpad Patriot Expedition Team Trains SMEs in Sago Processing to Boost Added Value

A Universitas Padjadjaran team has trained more than 40 participants in Fakfak, West Papua, to turn sago into a wider range of processed foods. The initiative aims to help local businesses move beyond selling raw commodities, increase household incomes and strengthen the economic potential of the transmigration area.

Police Chief: General LSP Suspected of Ordering Illegal Wiretapping

National Police Chief Suyudi Ario Seto said General LSP allegedly ordered and received the results of illegal wiretapping targeting President Prabowo Subianto, students and others. Three other senior officers have also been named suspects, with alleged offences including illegal interception, electronic-data deletion and unlawful access; the charges carry potential prison sentences of up to 10 years.

Pramono Says Jakarta’s 500th Anniversary Celebrations to Begin in Late November

Jakarta Governor Pramono Anung says celebrations marking the capital’s 500th anniversary will begin in late November 2026 and run through the main event in June 2027. The city plans to extend Jakarta Great Sale from two months to as long as six, seeking to build on last year’s reported economic contribution of nearly Rp27 trillion and encourage spending and visits across the city.

Health Ministry Urges Researchers to Focus on Products with Large-Scale Economic Potential

Indonesia’s Health Ministry is urging health researchers to align their work with market demand so innovations can be adopted and mass-produced by pharmaceutical and medical-device industries. The ministry highlighted substantial medical-device imports and outlined four priority technology areas, alongside policy measures intended to strengthen domestic health resilience.

Debris from Intercepted Houthi Missiles Falls in Saudi Arabia’s Makkah Region

Saudi Arabia said debris from two intercepted ballistic missiles launched by Yemen’s Houthi group fell in the Makkah region, while air defences also destroyed a drone in the Eastern Province. The incidents follow a series of reported Houthi missile and drone attacks and coalition air strikes in Yemen, underscoring escalating hostilities between the two sides.

Prabowo Wiretapping Case: Police Investigate Alleged Plot by Listyo Sigit and Others to Overthrow Government

Indonesia’s National Police are investigating allegations that former police chief Listyo Sigit Prabowo and three other generals conspired to commit treason, separately from an existing wiretapping investigation involving President Prabowo Subianto. Police Chief Suyudi Ario Seto said investigators are examining the purpose and orders behind the alleged surveillance, while stressing that evidence from the wiretapping case alone does not establish a treason offence; the four men have also been named suspects in the surveillance case under several criminal provisions.

Comau Wins ‘NIO Quality Premium Partner’ Award for the Second Time

Comau has received NIO’s Quality Premium Partner award for a second time, recognising its performance as a supplier of automation solutions for NIO’s electric-drive assembly lines. The recognition highlights Comau’s engineering execution, delivery reliability and long-term support as NIO expands production and launches new vehicle programmes.

Rupiah Hits Record Low as Bank Indonesia Explains the Causes

The rupiah weakened to a record low of Rp18,231 per US dollar as markets anticipated US Federal Reserve rate rises from December 2026 and through 2027, while higher-than-expected US inflation boosted the dollar and Treasury yields. Bank Indonesia cited additional domestic pressures, including concerns about a possible downgrade of Indonesia’s equity-market classification and year-end foreign-currency demand, and said it was intervening to stabilise the exchange rate.

Rupiah Pressured by Fed and MSCI Sentiment, Bank Indonesia Responds

Bank Indonesia says the rupiah is under pressure from expectations of US Federal Reserve rate rises, stronger-than-expected US inflation and concerns about a possible downgrade of Indonesia’s equity-market classification by MSCI. The central bank says it is intervening across offshore and domestic markets, while Indonesia’s foreign-exchange reserves stood at US$146.8 billion at the end of October 2026.

The Dangers of Historical Distortion in the Digital Age: UI Cultural Figure Says History Should Be a Bulwark of Nationalism

Historian and cultural figure Ngatawi Al-Zastrow warns that extremist groups are using pseudohistory and idealised accounts of the caliphate on social media to influence young people and undermine Indonesia’s national identity. He calls for stronger historical literacy, social justice and welfare, and a more substantive, socially oriented religious understanding to counter the appeal of such propaganda.

North Jakarta Urban Forest Littered with Rubbish; Pramono Orders Clean-up and Fencing

Jakarta Governor Pramono Anung has ordered an illegal rubbish-dumping area of about 5,000 square metres at Kepanduan Urban Forest to be cleared, replanted and fenced off. The city also plans to revitalise the 15-hectare site, improve its paths and gardens, and upgrade children’s play and sports facilities, while publicly identifying those responsible for illegal dumping.

Jakarta Composite Index Advances Amid Reports of Vice-President Gibran’s Resignation

The Jakarta Composite Index rose by as much as 1.6% on Thursday, despite reports that Vice-President Gibran Rakabuming Raka had submitted his resignation and renewed controversy over his academic credentials. The Indonesia Stock Exchange urged investors to focus on company fundamentals and their own risk profiles, while MSCI’s announcement also influenced trading sentiment.

Three Injured in Chain Collision After Lorry Brakes Suddenly on Jakarta Inner-City Toll Road

A chain collision involving two lorries and a tourist bus on Jakarta’s Inner-City Toll Road left three people injured early on Thursday. Police said the crash began when one lorry struck the rear of another after it braked suddenly; the injured drivers and a passenger were taken to Tebet Hospital.

MP Calls for Suspects Accused of Bugging Prabowo to Be Charged with Treason

PDI-P lawmaker Safaruddin has called for four suspects in an alleged wiretapping case linked to Prabowo to face the death penalty under Article 191 of the Criminal Code. His remarks were made in response to the suspected treason case associated with Listyo Sigit and others.

Pramono Awaits DPR Letter on Abandoned Monorail in Senayan

Jakarta Governor Pramono Anung says the provincial government is ready to tidy up the abandoned monorail pillars in Senayan, but is waiting for formal approval from the DPR Secretariat-General. The move would follow the removal of similar pillars and the revitalisation of Jalan HR Rasuna Said, completed in June 2026.

Part-Time PPPK to Become Full-Time, Gerindra Legislator Says Basic Salaries to Be Covered by State Budget

DPR leaders and the government have agreed to convert all part-time government employees under the PPPK scheme to full-time status, while allowing full-time PPPK employees to compete for civil service posts. The agreement also provides for basic salaries to be funded by the state budget, but implementation is still awaiting a government regulation.

The Roles of Eko Hadi and Ahrie Sonta in the Wiretapping Case: Authorising Surveillance and Deleting Data

National Police Chief Suyudi Ario Seto outlined the alleged roles of senior officers Eko Hadi and Ahrie Sonta in an illegal wiretapping case involving President Prabowo Subianto and other national figures. He said the allegations include approving interception requests without investigators’ paperwork, passing on surveillance results and ordering data to be deleted; former chief Listyo Sigit Prabowo is also alleged to have ordered and selected targets.

Slamet Uliandi Placed Under House Arrest in Prabowo Wiretapping Case

Former National Police information and technology division chief Slamet Uliandi has been placed under house arrest, while three other suspects in the alleged wiretapping of President Prabowo Subianto remain in detention. Police Chief Suyudi Ario Seto outlined five alleged stages of the operation, including an oral order, insertion of the target number into a monitoring system, interception and reporting, and the subsequent deletion of data.

ShopeeVIP+ Adds YouTube Premium Lite in Indonesia, Thailand and the Philippines

Shopee says ShopeeVIP+ subscribers in Indonesia, Thailand and the Philippines will receive YouTube Premium Lite at no extra charge from 11 November, alongside existing Netflix access and shopping benefits. The move expands the platform’s bundled subscription offer, which combines entertainment services with delivery perks and daily discount vouchers; plans start at Rp40,000 a month when paid for six months.

Indonesia Aims to Complete CEPA with China in Two Years: What Is on the Agenda?

Indonesia aims to conclude negotiations on a bilateral Comprehensive Economic Partnership Agreement (CEPA) with China within two years, building on the ASEAN-China Free Trade Area 2.0 framework. With around 80% of tariff-related discussions already addressed under the regional arrangement, the bilateral talks are expected to focus largely on non-tariff measures.

MPR Leaders Arrive Ahead of Gibran’s Expected Resignation Letter Submission

Several MPR deputy speakers arrived at the parliamentary complex ahead of Gibran Rakabuming’s reported plan to submit a resignation letter from the vice-presidency. The report, first attributed to Projo chairman Budi Arie Setiadi, also said Gibran had submitted the letter to President Prabowo Subianto.

Habiburokhman Says Gibran Will Submit Resignation to MPR at 11am

Habiburokhman said Vice-President Gibran Rakabuming Raka would submit his resignation letter to the People’s Consultative Assembly (MPR) at 11am on Thursday. The remark came during a parliamentary committee meeting, which was brought to an early close amid reports that committee leaders had been summoned by the House leadership.

Gibran Reportedly to Submit Resignation, MPR Deputy Speaker Says ‘Just a Little Longer’

Vice-President Gibran Rakabuming Raka is reportedly expected to submit his resignation letter to the People’s Consultative Assembly (MPR) today. Deputy MPR Speaker Bambang Wuryanto said the assembly would receive Gibran if he came, while Projo chairman Budi Arie had earlier confirmed reports that Gibran had submitted a resignation letter to President Prabowo Subianto.

Foreign restaurant owner named as suspect in East Java trafficking case

East Java Police have named FD, a foreign investor and restaurant owner, as a suspect over alleged worker exploitation, including low pay and threats of financial penalties for employees who quit early. Investigators are also examining allegations of sexual violence against two male victims, while police say victim protection and assistance are central to the case.

Benny Says Listyo and Others Wanted to Make the Public Furious and Turn Against Prabowo Through Wiretapping

Democratic Party lawmaker Benny K Harman accused former National Police chief Listyo Sigit Prabowo and three other generals of politically motivated wiretapping intended to incite public anger against President Prabowo Subianto. He urged police to charge them with treason, while the article reports that all four have been named suspects and detained, except one who is reportedly ill.

PII Urges Authorities to Investigate Wiretapping Case Thoroughly and Without Bias

The Indonesian Islamic Students Association’s Central Executive Board (PB PII) has urged law enforcement to investigate alleged illegal wiretapping of President Prabowo Subianto transparently and pursue anyone involved, including those who may have ordered or funded it. The group also called for investigations into suspected export manipulation, under-invoicing, irregular transfer pricing and tax violations, and a review of tax facilities for companies allegedly abusing incentives.

Why India and Pakistan’s stock markets are rallying after the US midterms

Indian and Pakistani equities rallied after the US midterm elections amid hopes of easing tensions with Iran and lower oil prices, though analysts say the gains have different drivers. India’s rebound reflects stronger corporate earnings and renewed foreign investor interest, while Pakistan’s is more dependent on geopolitical optimism; in both countries, lasting relief remains uncertain and hinges on sustained lower oil prices and diplomatic progress.

Toshida Boss Faces Verdict in Bribery Case Involving Former Ombudsman Chief

PT Toshida Indonesia director Laode Sinarwan Oda is due to hear the verdict in a case alleging he paid Rp1.5 billion to influence an Ombudsman report on the company’s forest-use non-tax obligations. He was previously sentenced to two years in prison and a Rp100 million fine by prosecutors; former Ombudsman chief Hery Susanto has already been convicted and sentenced to five years.

DPR Member Urges Police Chief to Pursue Treason Charges over Alleged Wiretapping, Citing Past Treatment in Aceh

DPR Commission III member Nazaruddin Dek Gam has urged National Police Chief Suyudi Ario Seto to consider treason charges against four suspects in an alleged illegal wiretapping case involving President Prabowo Subianto. He compared the allegations with the treatment of people in conflict-era Aceh and also called on police to disclose any involvement by legislators so Parliament’s Ethics Council can act.

MPR Leaders Begin Arriving at Parliament Amid Reports Vice-President May Resign

Several leaders of Indonesia’s People’s Consultative Assembly (MPR) arrived at the parliamentary complex as reports circulated that Vice-President Gibran Rakabuming Raka would resign. Deputy Speaker Bambang Wuryanto said Gibran was expected at parliament, while lawmaker Habiburokhman said the Vice-President would submit a resignation letter to the MPR at around 11am.

Indonesia Has Produced a Literary Hero

President Prabowo Subianto’s decision to name Sutan Takdir Alisjahbana a National Hero is presented as recognition of literature’s role in shaping Indonesia’s identity and civilisation. The article argues that contemporary Indonesian writers can reach global audiences, but says this will require strong translation and publishing networks, state support and freedom of expression; a Nobel Prize should be a possibility, not the goal.

Reports of Gibran’s Resignation Raise Fears of 7% IHSG Fall and Rupiah Weakness

Currency and commodity analyst Ibrahim Assuaibi says reports that Vice-President Gibran Rakabuming Raka may resign could intensify pressure on Indonesian financial markets. He warns the IHSG could fall by as much as 7% and the rupiah weaken to Rp18,220–Rp18,250 per US dollar, as political uncertainty and an MSCI index review weigh on investor sentiment.

Hoax: Class A and B Hospitals Banned from Accepting BPJS Patients

A social media poster falsely claims that BPJS Kesehatan patients may only be referred to Class C and D hospitals, with Class A and B hospitals barred from treating them. The Health Ministry is piloting a competency-based referral system in four areas, allowing patients to be referred directly to facilities suited to their medical needs rather than following a fixed hospital-class sequence.

BI-FAST Added to Ripple: What It Means for the Rupiah

Ripple’s updated Payments Direct specification lists BI-FAST as a route for disbursing rupiah to Indonesian bank accounts, with domestic transfers available in real time, around the clock. The technical support does not indicate an official partnership with Bank Indonesia or mean that the service is already commercially live; participating banks or payment providers must first implement it.

A Day After Former National Police Chief Listyo Sigit Was Arrested, His Home Was Searched Over Alleged Prabowo Tapping

Police searched former National Police chief Listyo Sigit Prabowo’s home on 5 November, one day after his arrest in an alleged wiretapping case involving President Prabowo Subianto. National Police Chief Suyudi Ario Seto outlined the investigation to Parliament, including the sequence of arrests, searches and suspect designations.

Government Says Batam Has Sufficient Electricity and Water for Data Centre Industry

The government says Batam has adequate electricity and raw-water supplies to support data-centre development at Nongsa Digital Park, with weather modification and seawater reverse osmosis among the measures being prepared. It is also strengthening regulations and logistics governance as the city reports economic growth of 7.28% in the second quarter of 2026 and investment of Rp59.73 trillion through the third quarter.

US says China agrees on importance of leader-level talks to advance denuclearisation

US Secretary of State Marco Rubio and Chinese Foreign Minister Wang Yi discussed the importance of leader-level talks on peace and denuclearisation, potentially including a trilateral meeting with Russia. While Washington said the issue was discussed, China's account of the call did not mention it, reflecting differences in the countries’ positions as they prepare for upcoming summits.

Dollar surges as rupiah, yen and ringgit fall; South Korean won and Chinese yuan gain

Most Asian currencies weakened as the US dollar extended its rally, with the rupiah down 0.44% and the Philippine peso recording the steepest fall. Higher-than-expected US inflation and hawkish Federal Reserve comments have lifted expectations of a December rate rise, while investors await US jobless claims and further Fed guidance.

Indonesia’s Defence Ministry Seeks to Strengthen Ties with Japan

Indonesia’s Defence Ministry is seeking to deepen bilateral and military relations with Japan, building on cooperation that includes joint exercises and military education exchanges. Deputy Defence Minister Yusuf Jauhari also thanked Japan for providing a Chinook helicopter and a vessel to help tackle forest and land fires in Kalimantan, saying solidarity could underpin wider cooperation, including disaster response.

Police Chief Reveals Targets of Illegal Wiretapping: Students, Prosecutors, KPK and the Presidential Palace Circle

National Police Chief Suyudi Ario Seto said an illegal wiretapping investigation indicates that targets allegedly included the President, officials and institutions, political figures, activists and students. He stressed that appearing on the list does not imply involvement in a crime, while investigators have questioned 28 witnesses and six experts, seized electronic evidence and named four suspects.

UMS Named Indonesia’s Most Productive Private University in STEM by Diktisaintek 2026

Universitas Muhammadiyah Surakarta (UMS) has received the top award for the most productive private university in Science, Technology, Engineering and Mathematics (STEM) at the 2026 Diktisaintek Awards. The university cited strong research outputs, industry and community impact, and support for early-career researchers, including 65 researchers under 40 with SINTA scores above 1,000.

Pramono Awaits DPR Approval to Tidy Up Monorail Piers in Senayan

Jakarta Governor Pramono Anung Wibowo says the provincial government is waiting for a formal approval letter from the Indonesian House of Representatives before tidying up abandoned monorail piers in Senayan. The State Secretariat is evaluating the piers and has said it will consider next steps after demolition work in Kuningan is completed.

Blora Road Repairs Receive Rp37.8bn in IJD Funding

The central government has approved Rp37.8 billion under the 2026 Regional Road Presidential Instruction (IJD) programme to repair 8.4 kilometres of the Doplang–Jati–Bangkleyan road in Blora, Central Java. The project is expected to improve regional mobility and provide a shorter route to the Ngawi Toll Gate; nine other proposed road projects will be resubmitted for 2027 funding.