Indonesian Political, Business & Finance News

Archive: 12 November 2026

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Trenggono Says Fish Farming Is Part of the National Food System

Marine Affairs and Fisheries Minister Sakti Wahyu Trenggono says fish farming should be recognised as part of Indonesia’s food system, rather than treated as ordinary construction, to avoid land-use status obstructing projects. Plans include revitalising 14,000 hectares of ponds on Java’s north coast and developing 40,000 thematic aquaculture sites, with 12,000 slated for development in 2027.

Reportedly Arrested and Visited by Police, Former KPK Chief Firli Bahuri Gives His Account

Former Corruption Eradication Commission (KPK) chairman Firli Bahuri has said he will attend a further police examination in the alleged extortion case involving former agriculture minister Syahrul Yasin Limpo. Police visited Firli at a badminton sports hall after he repeatedly missed summonses, but denied reports that he had been arrested; he remains a suspect and has not been detained.

LaNyalla Earns Doctorate in Law and Proposes Independent Candidates for the House of Representatives

DPD member AA LaNyalla Mahmud Mattalitti has earned a doctorate from Airlangga University with a dissertation proposing that independent candidates be allowed to contest seats in the House of Representatives. He also calls for stronger legislative powers for the DPD, arguing that both reforms would curb party dominance and improve representation of public and regional interests.

What Happens to the Vice-Presidency After Gibran Is Reported to Have Resigned, and Who Can Choose His Successor?

Reports that Vice-President Gibran Rakabuming Raka has resigned have raised questions about how the vacant post would be filled, although the MPR says it has not received an official resignation letter. Under the constitutional procedure outlined by Coordinating Minister Yusril Ihza Mahendra, the President would submit two candidates and the MPR would elect a successor within 60 days.

Prabowo Reveals Why Rp480 Trillion in State Budget Spending Could Go to Waste

President Prabowo Subianto said around Rp480 trillion of the state budget’s goods and services spending could be wasted, citing an estimate from the head of the Government Procurement Policy Agency (LKPP). He attributed much of the inefficiency to fragmented procurement by regional governments and said improved management could help curb losses and support development goals.

Surya Paloh Says NasDem Is Loyal to Elected Leaders: President Prabowo Must Not Fail

NasDem chairman Surya Paloh reaffirmed the party’s loyalty to the constitution and elected leaders, telling President Prabowo Subianto that he must succeed in governing Indonesia. Speaking at NasDem’s 15th anniversary event, Paloh expressed hope that the party could play a more meaningful role under Prabowo’s leadership.

Gibran Once Said He Was Ready to Reveal His High School Diploma; Now He Is Considering Resigning as Vice-President

Vice-President Gibran Rakabuming Raka was reported to have told President Prabowo Subianto that he intended to resign, amid renewed controversy over the validity of his high-school education documents. The article says Gibran had previously offered to present his complete education records in court, while Indonesia’s Constitutional Court and Supreme Court issued findings concerning his overseas education and a certificate submitted for his 2024 presidential candidacy.

Indonesia and Norway Agree First Carbon Trading Contract at COP31

Indonesia and Norway have signed their first carbon-trading contract, covering clean-energy projects with the potential to cut emissions by 12 million tonnes of carbon-dioxide equivalent. The deal allows PLN to claim emissions reductions from its floating solar power plants through 2038, with the parties hoping to expand cooperation into sectors such as waste management.

Prabowo: Some Are Deeply Impressed by Singapore’s Education Quality

President Prabowo Subianto urged Indonesians not to feel inferior when comparing their country with others, citing Singapore’s education system as an example. He contrasted Singapore’s roughly 300 schools with the 300,000 schools managed by Indonesia’s Ministry of Primary and Secondary Education, many in geographically challenging areas.