Indonesian Political, Business & Finance News

Archive: 12 November 2026

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Goldwind Marks a Decade in Vietnam and Sets Out A³nergy Vision at Annual Client Day 2026

Goldwind marked 10 years of operations in Vietnam at its Annual Client Day 2026 in Hanoi, where it outlined its A³nergy approach and integrated clean-energy solutions. The company says it has contracts for more than 2.2 GW of wind capacity in Vietnam, which could generate about 6 TWh annually once all projects are fully operational.

OPPO Reno17 Confirmed to Feature Four 50MP Cameras

OPPO has confirmed that the Reno17 will have four 50-megapixel cameras, including a periscope telephoto and an ultra-wide selfie camera, alongside Live Photo features. The Reno17 and Reno17 Pro will be unveiled in China on 16 November, when pricing and the Pro model’s camera specifications are also expected to be announced.

Police Chief: Police, KPK and Prosecutor’s Office Also Targeted in Alleged Wiretapping by LSP and Others

National Police Chief Suyudi Ario Seto said an investigation suggests alleged wiretapping by four senior police officers targeted a wide range of people and institutions, including the President, the police, the Corruption Eradication Commission (KPK) and the Prosecutor’s Office. He also outlined the suspected roles of the officers and said police had opened an inquiry into possible subversion offences.

Waskita Karya and Public Works Ministry Promote Equal Access to Education Nationwide

President Prabowo Subianto has inaugurated an integrated community school in Nagan Raya, Aceh, built by state-owned contractor Waskita Karya. The free school now serves 330 pupils and forms part of government efforts to reduce poverty by expanding access to education; Waskita says it has completed two such school complexes in Aceh worth Rp547.8 billion.

JCI Jumps 1.14% to 5,173 in Early Trading

Indonesia’s benchmark Jakarta Composite Index (JCI) rose 1.14% to 5,173.46 by 9.04am on Thursday, recovering after closing lower the previous day. Gains in major banks and energy stocks supported the advance, while foreign investors had recorded net selling of Rp20.76 billion on Wednesday and Rp97.84 trillion so far this year.

Pramono Finds Half-Hectare Illegal Rubbish Dump in North Jakarta Urban Forest

Jakarta Governor Pramono Anung found around 5,000 square metres of the Kepanduan Urban Forest being used for illegal waste disposal. The provincial government plans to clear and replant the site, install fencing and improve access, while tracing businesses that may have used the illegal dumping service as part of a wider revitalisation of the 15-hectare green space.

Mount Semeru Continues to Erupt, with Ash Plumes Reaching 1 km

Mount Semeru erupted repeatedly on Thursday morning, sending ash plumes as high as 1 km above its summit. The volcano remains at Level III (Alert), with authorities warning people to stay away from hazardous areas and to watch for pyroclastic flows, lava avalanches and lahars.

ESDM Opens Journalism and Photography Competition with Rp122.5 Million in Prizes

Indonesia’s Energy and Mineral Resources Ministry has opened its 2026 journalism and photography competition, offering Rp122.5 million in cash prizes across five categories. The contest seeks work exploring energy and mineral management and its impact on people, with entries due by 9 December 2026.

Sahroni Tells Police Chief to Stop Listyo Sigit and Others from Expanding Their Influence, Saying They Still Have Plenty of Money

Deputy chair of House Commission III Ahmad Sahroni urged National Police Chief Suyudi Ario Seto to pursue the alleged illegal wiretapping of President Prabowo Subianto and take firm action against all those implicated. He called for suspects to be dismissed, extraordinary promotions to be revoked and police interception equipment to be shown to lawmakers and the public, as investigators allege the wiretapping targeted other political figures, journalists and businesspeople too.

DIY Police Chief Says Jogja Rioters Were Organised and Erupted Without Warning

Yogyakarta police chief Langgeng Purnomo says the unidentified group that damaged property around Malioboro after a Heroes’ Day demonstration was organised and distinct from the student protesters who had earlier dispersed peacefully. Police have detained 136 people, most of whom are reportedly not students, while investigating the incident and gathering evidence including petrol bombs and weapons.

Transmigration Ministry Hands Over 2,770 Land Titles to Settlers in Eight Regencies

The Transmigration Ministry has distributed 2,770 landownership certificates to 1,570 transmigrants across 19 locations in eight regencies and five provinces. Some recipients waited as long as 34 years for their titles; the government says the certificates provide legal certainty and can support livelihoods and economic activity.

Gibran Gathers Supporters at Vice-Presidential Palace This Afternoon

Vice-President Gibran Rakabuming Raka is meeting a group of volunteers at the Vice-Presidential Palace in Jakarta. One attendee said they had come to show support amid reports that Gibran may resign, although the gathering’s size and full attendance were not yet known.

Prabowo Tapping Case Involving Former Police Chief Listyo Sigit and Others: Suyudi Issues Stern Warning on Surveillance Equipment

National Police Chief Suyudi Ario Seto has warned that state surveillance equipment must be used only for law enforcement, as police investigate alleged illegal wiretapping, unauthorised access and the removal of electronic documents. Four senior officers have been named as suspects; Suyudi said the case would be handled professionally and with respect for the presumption of innocence.

NATO Tests Nearly 400 Drones in AI War Simulation Involving More Than 30 Countries

NATO conducted a large-scale experiment in Latvia involving nearly 400 drones, more than 30 countries and over 100 defence-industry partners. The exercise tested counter-drone capabilities and whether systems using AI, electronic warfare and digital communications could share information and support operational decisions under realistic conditions.

KPK Suspects BPK Audit of Pemalang Regency Government Accounts Was Rigged

Indonesia’s Corruption Eradication Commission (KPK) suspects that an audit by the Audit Board of Indonesia (BPK) of Pemalang regency government accounts was manipulated, including through the removal of audit findings. The allegation emerged as investigators questioned a former Central Java BPK representative in a separate corruption case, which the KPK says showed similar patterns; the Pemalang investigation stems from a July 2026 sting operation that led to four suspects being named in two alleged extortion schemes.

Freeport Boss Explains Copper’s Strategic Role in Supporting the Energy Transition

PT Freeport Indonesia president director Tony Wenas says copper is essential to the global energy transition, with about 75% of the world’s copper used to conduct electricity. The company is also targeting a recovery in copper and gold output after a disruption at its Grasberg underground mine, and expects production to reach full capacity by the end of 2027.

Listyo Sigit’s Alleged Role in Prabowo Tapping Case: Orders, Targets and Receipt of Results

National Police Chief Suyudi Ario Seto told a parliamentary committee that former police chief Listyo Sigit Prabowo allegedly ordered illegal wiretapping, selected targets—including President Prabowo Subianto—and received the results. Three other suspects are accused of approving, facilitating and reporting on the taps, while one allegedly ordered data and WhatsApp group messages to be deleted.

Prabowo Invokes Shirathal Mustaqim at NasDem’s 15th Anniversary: What Does It Mean?

President Prabowo Subianto referred to the Quranic phrase Shirathal Mustaqim in a speech marking NasDem’s 15th anniversary, describing it as the straight path people must choose despite its obstacles. The article explains its interpretation in Al-Fatihah and the contrast between this singular path and the many paths that lead people astray.

Nanfeng Mandarin Producers Target Opportunities in the Indonesian Market

Nanfeng mandarin exports to Indonesia reached 12,500 tonnes in 2025, making the country one of the Jiangxi fruit’s key overseas markets. Producers say smoother processing of Indonesia’s Verification Order documents, alongside local government support and direct market research, has helped them expand exports.

Baznas RI Urges Zakat to Drive the Welfare of Mustahik

Indonesia’s National Zakat Agency (Baznas) is urging zakat managers to expand collections while ensuring funds produce measurable improvements in the lives of mustahik, or eligible zakat recipients. Its four priorities include widening the donor base, improving distribution and use of funds, strengthening accountability, and building public trust through cross-sector collaboration.

Indonesia’s Parliament to Announce Gibran Impeachment Motion

Indonesia’s parliament was scheduled to consider a motion submitted by 120 lawmakers seeking to exercise the House’s right to express an opinion on Vice-President Gibran’s possible impeachment over questions about his education credentials. The plenary agenda also included deliberations on legislation, while a House commission planned to question the National Police chief about an alleged illegal wiretapping case involving the president.

Houthis Say 93 Saudi Air Strikes Hit Yemen in 24 Hours

A Houthi military spokesman said Saudi aircraft carried out 93 strikes across six Yemeni provinces in the past 24 hours, causing civilian deaths and injuries. He also claimed the Houthis had attacked an oil pipeline pumping station near Yanbu, while the Saudi-led coalition said it intercepted two ballistic missiles launched towards western Saudi Arabia.

Deputy Commission III Chair Rano Says He Is Baffled by Family’s Illegal Surveillance, Backs Police Chief’s Investigation

DPR Commission III Deputy Chair Rano Alfath says his parents and sibling were allegedly targeted in illegal surveillance linked to former senior police officials, and questions why they were included. He suspects the operation may have had a political or criminalisation motive and urged National Police Chief Suyudi Ario Seto to investigate the case fully.

Rupiah Weakens as Expectations of Fed Rate Rise Increase

The rupiah weakened 0.27% to Rp18,198 per US dollar at Thursday’s opening, pressured by a stronger dollar, expectations of further Federal Reserve rate rises and domestic political uncertainty. Higher global oil prices added to the negative sentiment, with the currency forecast to trade between Rp18,150 and Rp18,250 per dollar.

From Grassroots Enterprise to the National Economy: BRI Extends Rp1,250 Trillion in Loans to Advance MSMEs

BRI’s MSME loan portfolio reached Rp1,250 trillion at the end of September 2026, accounting for 75.9% of its total lending, while overall credit grew 14.5% year on year. The bank also disbursed Rp167 trillion in People’s Business Credit (KUR) during the first nine months of 2026 and is pairing financing with business mentoring and market-access programmes.

China Presents Green Development Practices at COP31

An English-language report outlining China’s vision and practical approach to green development was launched at COP31 in Antalya. Chinese officials said the country’s ecological transition contributes to global green development and offers greater certainty to the wider transition process.

DPR Says Asset Forfeiture Without a Criminal Conviction Must Still Go Through the Courts

A parliamentary working group deputy chair says non-conviction-based asset forfeiture should be a last resort, applied narrowly and subject to court approval. The draft bill focuses primarily on corruption and proposes allowing forfeiture without a criminal judgment for assets worth at least Rp1 billion, including cases where suspects have fled, died or become permanently incapacitated.

Police Chief Outlines Timeline of Wiretapping Case; LSP Arrested After Ahrie Sonta Detained

National Police Chief Suyudi Ario Seto presented a timeline of the investigation into the alleged illegal tapping of President Prabowo, in which former police chief Listyo Sigit Prabowo is suspected of ordering the operation. The account details the arrests and questioning of several suspects, searches, evidence seizures and coordination with prosecutors and the Witness and Victim Protection Agency.

Zelenskyy Meets US Envoys as Ukraine Says Differences with Russia Remain Wide

Ukraine and Russia agreed to what US envoy Jared Kushner called the largest prisoner exchange in history during talks in Abu Dhabi, but major disagreements remain over territory and Europe’s role in future negotiations. Kyiv wants Europe involved and says Russia must end hostilities before discussions on territorial and security arrangements, while Moscow is pressing for a wider redesign of Europe’s security order.

Inspector-General Slamet Uliandi’s Role in the Wiretapping Case: Approved Interceptions and Sent Analysis to Listyo Sigit

National Police Chief Suyudi Ario Seto has outlined the alleged roles of four suspects in an illegal wiretapping case involving President Prabowo Subianto and other prominent figures. Inspector-General Slamet Uliandi is accused of approving interceptions and forwarding daily and analytical reports to former police chief Listyo Sigit; the suspects face charges carrying prison terms of up to 10 years.

Rupiah Hits All-Time Low as US Dollar Surges to Rp18,231

The rupiah weakened to a record low of Rp18,231 per US dollar in early trading, down 0.44% from the previous close. Market attention is focused on the US Federal Reserve’s monetary policy outlook, amid rising expectations that interest-rate increases could continue into early 2027.

Popular stories: Plenary session on Gibran and hoax about abolishing three religions

ANTARA’s roundup highlights a planned House of Representatives plenary session on a motion to express an opinion, alongside a fact-check debunking claims that the Religious Affairs Ministry no longer recognises Hinduism, Buddhism and Confucianism. Other featured stories concern MSCI’s changes to Indonesian stock indices, calls to investigate alleged wiretapping of the President as treason, and a false claim that Indonesia coach John Herdman had resigned.

Tomy Winata Honours His Mother Through Artha Graha Peduli Charity Event

Artha Graha Peduli held a charity event in memory of Yuliana Winata, mother of its founder Tomy Winata, following her death on 7 November 2026. The foundation said the initiative honoured her legacy of kindness by continuing to support others.

7 Easy Ways to Keep Your Brain Healthy and Reduce the Risk of Memory Loss

Memory problems can affect younger people as well as older adults and may be linked to factors such as poor sleep, stress and underlying health conditions. Although no method can guarantee prevention of memory loss or dementia, Mayo Clinic says regular exercise, mental and social activity, healthy routines, adequate sleep, a balanced diet and managing chronic conditions can support brain health.

Listyo Sigit and Others Allegedly Used Verbal and WhatsApp Orders to Disguise Wiretapping

Police Chief Suyudi Ario Seto told a parliamentary hearing that former police chief Listyo Sigit Prabowo allegedly set wiretap targets, with Ahrie Sonta passing the orders verbally or via WhatsApp outside formal legal procedures. The same technical equipment was reportedly used for authorised and unauthorised interceptions, potentially concealing the latter; investigators are also examining alleged illegal surveillance of President Prabowo Subianto and other figures, as well as the deletion of digital logs.

National Police Chief Suyudi Details Timeline of Alleged Spying on President Prabowo

National Police Chief Suyudi Ario Seto has outlined an alleged illegal wiretapping operation involving four suspects, including former senior police officials, and targeting President Prabowo and other public figures. The alleged violations include authorising surveillance without investigators’ requests, bypassing verification procedures and deleting electronic data; the allegations are now part of the investigation and prosecution process.

Three Former Customs Officials Face Verdict in Import Corruption Case

Three former officials of the Finance Ministry’s Customs and Excise Directorate General are due to hear verdicts in a case involving alleged bribery and gratification linked to the import of counterfeit goods. Prosecutors have sought prison terms, fines and substantial compensation payments, alleging the officials received a total of Rp78.81 billion to expedite customs clearance for goods belonging to Blueray Cargo.

Police Begin Investigating Alleged Treason in Sigit and Co’s Case over Tapping President Prabowo

Indonesia’s National Police say they have opened a separate investigation into alleged treason involving former police chief Listyo Sigit Prabowo and three other senior officers, who are already suspects in a case involving the alleged tapping of President Prabowo and other figures. Police say evidence in the tapping and electronic-data cases does not by itself establish treason, and that investigators are examining the purpose and orders behind the alleged surveillance.

MSCI Removes Eight Shares from Its Indices, with One Issuer Downgraded

MSCI will remove eight Indonesian shares from its indices, effective at the close of trading on 30 November 2026. Barito Pacific will leave the Global Standard Indexes, while Bumi Resources Minerals will be downgraded to the Small Cap Indexes; seven other shares will exit the Small Cap Indexes.

Lawmaker urges police chief to disclose facts in wiretapping case

Habiburokhman has urged police chief Seto to disclose details of alleged wiretapping and related activities, including illegal surveillance and attempts to undermine government programmes. Four senior police officers have been named suspects in the investigation, and one has been dismissed by the Police Code of Ethics Commission.

KUR Target Raised to Rp325 Trillion; Earthquake Victims Could Receive 0% Interest

The government plans to increase the 2026 People’s Business Credit (KUR) disbursement target from Rp295 trillion to Rp325 trillion, while offering affected borrowers in East Nusa Tenggara interest relief of 0% in 2027 and 3% in 2028. The measures come as KUR disbursement reached Rp271.3 trillion by 31 October 2026 and form part of a broader Rp386.9 trillion target for government credit programmes in 2027.

Casio Launches Second G-SHOCK Collaboration with XG

Casio has unveiled the GM-6900XG, its second G-SHOCK collaboration with the seven-member music group XG. The watch combines a silver metal bezel and transparent strap with details symbolising the group’s bond with its fans, ALPHAZ, and its ambition to break boundaries.

Baznas RI Strengthens Public Information Transparency in Zakat Governance

Indonesia’s National Zakat Agency (Baznas) is expanding public access to information about zakat management to maintain public trust and encourage oversight. Its measures include publishing financial reports, providing digital information services and promoting public participation through schools and community organisations.

Pontianak Prison Raid Finds 61g of Methamphetamine and Six Bong Pipes in Inmates’ Cells

A joint operation at Pontianak Class IIA Prison seized 61.44 grams of methamphetamine, six bong pipes, phones and other prohibited items, while urine tests found 27 of 41 inmates tested positive for drugs. Police say the search uncovered suspected internal distribution networks and are examining seized phones; prison authorities have proposed transferring inmates found with phones or positive tests to Nusakambangan Prison.

Haji Isam, Salim and Prajogo-Linked Companies Among 383 Shares on HSC List

The Indonesia Stock Exchange and its High Shareholding Concentration Committee have expanded the HSC list to 383 shares, up from 83 under a revised methodology. The list includes companies linked to prominent business groups, and its constituents will affect the calculation of the Jakarta Composite Index from the second trading day after the announcement.

National Police Chief Details Roles of Four Suspects in Prabowo Wiretapping Case

National Police Chief Suyudi Ario Seto has outlined the alleged roles of four police officials and former officials in a suspected wiretapping operation targeting President Prabowo Subianto. The allegations range from ordering and authorising the interception to receiving its reports and directing the deletion of recordings and logs; the details were presented to the House of Representatives’ Commission III.

Three Houses Damaged by Strong Winds in Caringin, Bogor

Heavy rain and prolonged strong winds damaged three homes in Muara Jaya village, Caringin district, Bogor, on Wednesday night. The houses sustained minor ceiling damage; no injuries or fatalities were reported, and residents continue to occupy the properties while awaiting repairs.

DKI Says Public Procurement Is at High Risk of Fraud

Jakarta’s provincial inspector says public procurement is especially vulnerable to fraud, calling for prevention from the outset, stronger governance and early detection. North Jakarta’s administration has held a two-day technical guidance session to reinforce integrity, transparency and accountability in procurement.

Police Say Two Suspects in Yogyakarta Riot Were Not Students

Yogyakarta Police have named two civilians as suspects after molotov cocktails were thrown during a Heroes’ Day demonstration in Malioboro and near Gadjah Mada University. Twenty-four other people were released for lack of evidence, while 21 minors who had been detained were returned to their parents; investigators say the number of suspects could rise.

Mitrade Foundation Marks First Year with Four Community Partnerships in Asia-Pacific

The Mitrade Foundation says it has supported four community initiatives across Asia-Pacific, addressing child drowning prevention, marine waste, education access and animal welfare. Its work comes amid funding shortages among social organisations in the region, and it plans to expand its programmes from 2027.