Indonesian Political, Business & Finance News

Archive: 1 November 2026

Showing 151-200 of 703 articles

Pertamina Takes Five Local SMEs to ASCOPE 2026 to Explore Global Markets

Pertamina showcased five Bali-based small and medium-sized enterprises at the 51st ASEAN Council on Petroleum (ASCOPE) Council Meeting in Bali, where they recorded sales worth hundreds of millions of rupiah and explored longer-term market opportunities. The initiative forms part of the state-owned energy company’s efforts to strengthen SME capacity, expand market access and support inclusive, sustainable economic growth.

Deputy Human Rights Minister Says Human Dignity Is the Foundation of Golden Indonesia 2045

Deputy Human Rights Minister Mugiyanto Sipin says respect for human dignity and rights must underpin Indonesia’s development towards 2045, with justice, protection and prosperity reaching all citizens. A national dialogue also called for progress to be measured by inclusion and the treatment of vulnerable groups, alongside economic growth, and set out six priorities including tolerance, social justice and anti-corruption efforts.

Foreign Investors Tell BI Governor They Regret MSCI Decision

Bank Indonesia Governor Destry Damayanti says foreign investors regret MSCI’s proposal to downgrade Indonesia’s equity-market classification, despite seeing strong potential in the country’s economy. She says authorities, including OJK, Bank Indonesia and the Financial System Stability Committee, are coordinating to reassure investors as capital outflows put pressure on the rupiah.

East Java Wildfires Burn 11,895 Hectares in 2026 as Drought Spreads

Wildfires in East Java affected 11,895.35 hectares in 187 incidents across 27 districts and cities between January and October 2026. El Niño-exacerbated drought has also left more than 1.58 million people affected across 926 villages, prompting emergency declarations and large-scale clean-water assistance.

ARTJOG’s In Medio Art Exhibition in Bandung

ARTJOG’s Love ARTJOG programme has brought together five artists of varied backgrounds and artistic approaches for the In Medio exhibition in Bandung. The exhibition highlights equality, diversity and inclusion, particularly by creating space for artists with disabilities.

Trump: US Could Strike Iran’s Remaining Nuclear Sites in 10 Minutes

Donald Trump said the United States could quickly target one or two remaining Iranian nuclear facilities, while declining to rule out renewed military action as diplomatic talks continue. His remarks came after Iranian negotiators met Qatari mediators in Doha, amid heightened regional tensions following US and Israeli strikes on Iran.

Government Pledges to Address Indonesian Migrant Workers’ Concerns in Hong Kong—Here’s the Evidence

At a dialogue in Hong Kong, Indonesian officials heard concerns from migrant workers and diaspora communities about identity documents, citizenship, social security, investment access and protection from violence. The government said it would coordinate across ministries to resolve cases, improve services and strengthen migrant-worker protections, including expanded social-security benefits without higher premiums.

As AI Becomes More Advanced, Don’t Give Your Data Away

AI can improve efficiency in teaching and research, but uploading sensitive material without understanding how platforms process and protect data can expose individuals and institutions to risk. The author urges universities to establish clear AI policies and strengthen privacy, security and ethical literacy so that innovation does not come at the expense of trust.

Trump says Flavio Bolsonaro can stay in US ‘for as long as he wants’

Donald Trump said Flavio Bolsonaro could remain in the United States for as long as he wished, while reiterating his support for the defeated Brazilian presidential candidate and criticising the election. Bolsonaro entered the US on temporary discretionary parole after leaving Brazil despite a court order to surrender his passport, prompting Brazilian authorities to investigate the circumstances of his departure.

Yemen and UK Discuss Bilateral Relations and Houthi Group

Yemen’s Foreign Minister Afrah al-Zouba and UK minister Stephen Doughty discussed bilateral ties, efforts to confront the Houthi rebels and the worsening humanitarian situation in Taiz. Doughty reaffirmed Britain’s support for Yemen’s internationally recognised government amid a conflict that has fuelled a severe humanitarian crisis.

Drug raid in North Jakarta slum area: 27 arrested

A coordinated police operation in North Jakarta arrested 27 people and seized methamphetamine, marijuana, thousands of ecstasy pills, cash and weapons. Police say suspects used illegal stalls beside a railway near Kampung Bahari to trade drugs, and authorities plan to demolish the stalls and continue pursuing dealers.

Trump Says He Will Invite Zelenskyy to G20 Summit in the US

Donald Trump said he would invite Ukrainian President Volodymyr Zelenskyy to the G20 leaders’ summit in Florida this December, following Washington’s invitation to Russian President Vladimir Putin. No formal invitation has yet been announced, and US officials have indicated the decision could be linked to efforts to advance diplomacy over the war in Ukraine.

Hundreds Arrested After Gen Z Protest Turns Violent in Germany

Protests organised by the Gen Z regelt campaign over living costs, public spending cuts, education and conscription were largely peaceful before turning violent in several German cities. Police made numerous arrests, including 120 in Hamburg, while authorities in Frankfurt said extremists had joined the demonstration; similar protests in France also ended in clashes and more than 500 arrests.

A Very Busy Week Ahead: Indonesian Inflation and the US Midterm Elections

Markets face a packed week of economic releases, including Indonesia’s October inflation, third-quarter GDP, trade balance and foreign-exchange reserves, alongside changes to IDX index and short-selling rules. Investors will also watch US midterm elections, manufacturing PMI readings and employment data, all of which could affect currencies, equities, bond yields and capital flows.

SPHP Rice Intended for the Public Sold for Rp17,000 per Kilogram, Costing the State Billions

Authorities say 600 tonnes of government-subsidised rice under the Food Supply and Price Stabilisation (SPHP) programme were allegedly repackaged and sold as premium rice. The operation could have deprived intended recipients of subsidies worth about Rp3.3 billion, prompting calls for severe punishment.

Repeat Sex Offender Poses as Shaman, Rapes Junior High School Pupil in Kupang

Police say a 48-year-old repeat sex offender allegedly posed as a shaman to gain access to a 13-year-old junior high school pupil in East Amfoang, Kupang Regency, before raping her. He has been detained and is being questioned as the investigation continues.

INACA Joins Forces with Diplomatic Community from 35 Countries to Strengthen Indonesia’s Aviation Business Network

The Indonesia National Air Carriers Association (INACA) hosted a golf networking event with Jakarta Ambassador Golfers Association, bringing together diplomatic, regulatory and aviation-industry circles from 35 partner countries. INACA says the informal diplomacy initiative aims to foster long-term partnerships and investment, while showcasing opportunities across passenger transport, charter services, cargo and tourism connectivity.

Ciputra Life Strengthens Investment Strategy Amid Market Volatility

Ciputra Life’s investment income rose 31.42% year on year to Rp 53.04 billion in September 2026, while its total investments stood at Rp 1.27 trillion, led by government and corporate bonds. The insurer says it is balancing opportunities created by relatively high interest rates with market and credit risks, using diversification and asset-liability alignment to protect long-term returns and its ability to meet policyholder obligations.

Danantara Says No Payment Was Made for TIME100 Next Logo Placement

BPI Danantara Indonesia says TIME included its name and logo at the 2026 TIME100 Next Gala as in-kind support while the parties explore non-financial cooperation, and insists it paid no sponsorship fees. Discussions remain preliminary and may cover participation in nine TIME international forums, providing opportunities to promote Indonesian investment and strategic sectors to global investors.

Fuel Prices Today, 1 November 2026: Pertamax and Dexlite Prices Unchanged

Fuel prices at major Indonesian petrol stations remained unchanged on 1 November 2026, despite the usual monthly price review. Pertamina, Shell, BP and Vivo maintained their previous rates, including subsidised Pertalite at Rp10,000 per litre and Pertamax at Rp15,950 per litre.

Babe Haikal Urges Unity: Halal and Non-Halal Food Stalls Are a Matter of Choice

BPJPH head Ahmad Haikal Hasan has called for tolerance and unity after a stall selling non-halal food was burned in Sukoharjo, saying violence over dietary choices undermines Indonesia’s pluralism. An Islamic boarding-school official also urged calm, welcomed dialogue with Central Java police and called for any wrongdoing to be dealt with according to the law.

This Month in Indonesian Society (October 2026)

October closed with Indonesia wrestling simultaneously with the slow violence of environmental crisis, the fragile mechanics of its welfare state, and a society trying to decide what kind of digital and moral future it wants.

How PKS Is Opening Up Opportunities for Young People to Contribute

PKS youth chief Aang Kunaifi has urged young Indonesians to prepare for leadership by taking responsibility and making practical contributions now. The party’s Youth Contribution Movement, launched ahead of the centenary of the Youth Pledge in 2028, aims to foster collaboration and showcase young people’s achievements.

The Indonesian Economy in Review (October 2026)

Indonesia’s economic narrative this October oscillated between quiet confidence and audible anxiety, as officials defended the fundamentals of Southeast Asia’s largest economy even as the rupiah slid past Rp18,000 and then towards Rp18,200 per US dollar, prompting warnings from economist Tom Lembong, speaking at a PDI-P event, that the probability of a crisis within six to twelve months exceeds 50 per cent.

Fourteen Teenagers Caught Attempting to Climb Mount Merapi

Fourteen teenagers were caught attempting an illegal ascent of Mount Merapi, where climbing has been prohibited since 2018 because the volcano remains at Alert Level III. Officials say most were identified and will face follow-up questioning, with repeat attendance at park clean-ups likely as a social sanction.

Indonesian Politics in Review (October 2026)

Indonesian politics in October 2026 was dominated by a single, slow-burning constitutional drama, even as corruption investigations multiplied, forest fires strained a key regional relationship, and student protests tested the government's tolerance for dissent two years into the Prabowo-Gibran administration.

Indonesian Business and Investment in Review (October 2026)

Indonesia's business and investment landscape in October 2026 was defined by a single, overriding anxiety: the credibility of its capital market.

This Week in the Indonesian Economy (25-31 Oct 2026)

Indonesia's economy spent the week navigating a familiar but intensifying set of pressures: a weakening rupiah, global oil-market turbulence, and a diplomatic spat with Singapore over gas, all set against a backdrop of officials insisting the fundamentals remain sound.

Deputy Home Affairs Minister Urges Bukittinggi Library to Engage Local Communities

Deputy Home Affairs Minister Bima Arya Sugiarto has called for Bukittinggi’s public library to work with local communities, schools and other partners, while expanding activities to build literacy and sustain the facility. The city says it is preparing programmes with the National Library, including locally rooted creative content, a regional literacy week and a library data inventory.

This Week in Indonesian Politics (25-31 Oct 2026)

Jakarta's political week began in the shadow of the Youth Pledge's 98th anniversary and ended consumed by a constitutional question that had been simmering since 2024: whether Vice-President Gibran Rakabuming Raka still meets the eligibility requirements for the office he holds.

In High Demand: Government Programme Lending Reaches Rp294.6 Trillion

Government programme lending reached Rp294.6 trillion by 27 October 2026, surpassing the full-year 2025 total and serving 4.24 million borrowers. The government says the schemes are supporting MSME productivity, with a growing share channelled through the People’s Business Credit programme (KUR), while new lending schemes target food self-sufficiency, labour-intensive industry, housing and women’s economic empowerment.

This Week in Indonesian Business and Investment (25-31 Oct 2026)

Indonesia's financial markets endured one of their most turbulent weeks in years, as a confluence of global risk aversion and domestic governance concerns sent the rupiah to record lows, pushed government bond yields to their highest level since 2020, and triggered the Jakarta Composite Index's steepest October decline since the 2008 financial crisis.

Opening the 2026 Heroes’ Day Commemorations, Deputy Social Affairs Minister Urges Indonesians to Continue the Struggle

Deputy Social Affairs Minister Agus Jabo Priyono has called on Indonesians to carry forward the ideals of the independence struggle by building a sovereign country and ensuring prosperity for all. At the opening of the 2026 Heroes’ Day commemorations in Jakarta, he highlighted government welfare programmes and said national unity and mutual cooperation are essential to reaching those goals.

Video: Reinsurers’ Strategy for Tackling Indonesia’s Natural Disaster Risks – Capital Requirements

Maipark chief executive Kocu Andre Hutagalung says insurers and reinsurers should use current market conditions to secure higher coverage limits, broader protection and more competitive pricing for natural-disaster risks. He also discusses Maipark’s approach to treaty negotiations and how the industry is responding to capital regulations.

Train Tickets for Departures from 1 December 2026 Now Available to Book: How to Buy Them

PT Kereta Api Indonesia (KAI) has opened bookings for long-distance train journeys departing from 1 December 2026 through the Access by KAI app. The sales launch is part of preparations for the 2026 rail timetable, which includes schedule and operational adjustments as well as additional station stops intended to improve connectivity and support local economic activity.

USBR Urges University Graduates to Master AI Technology

Universitas Setia Budhi Rangkasbitung (USBR) has urged graduates to develop digital and artificial intelligence skills as technology reshapes the labour market. At its 26th graduation ceremony, the university also highlighted plans to use AI tools to improve teaching efficiency and strengthen graduates’ competitiveness.

Seven Police Officers Transferred After Raiding Drug Party Involving Three Gerindra MPs

Seven Surabaya narcotics officers were transferred shortly after arresting three Gerindra lawmakers at a hotel drug party, prompting Indonesia Police Watch to suspect possible outside interference. The watchdog has urged East Java’s police chief to review the transfers; Surabaya police have yet to explain the decision.

IDX tightens oversight of listed companies’ shareholdings

The Indonesia Stock Exchange will conduct random checks of listed companies’ free-float and affiliated-party disclosures, warning that directors may face firm action for inaccurate reporting. It is also expanding public shareholder disclosures and investor classifications to address MSCI transparency concerns and strengthen confidence in Indonesia’s capital market.

Dasco Targets Gerindra Victory in 2029 Election

Gerindra’s Sufmi Dasco Ahmad has called for stronger party organisation and a united strategy to win the 2029 election while supporting President Prabowo Subianto’s government. At the inauguration of the party’s Banten regional and branch officials, Governor Andra Soni also highlighted provincial programmes aligned with Prabowo’s agenda, including rural road improvements and free senior secondary education.

Gus Kikin Urges Public Not to Be Provoked and to Keep Sukoharjo Peaceful

Nahdlatul Ulama chairman KH Kikin Abdul Hakim has urged residents of Sukoharjo to remain calm amid a case involving the destruction of a non-halal food stall and police searches at locations reportedly linked to an Islamic boarding school. He called for due process, transparent police handling and dialogue, warning against unverified information and actions that could inflame community tensions.

Astra’s Performance Strengthens in the Third Quarter of 2026

Astra International reported largely stable nine-month revenue and net profit excluding one-off items, with stronger contributions from automotive and financial services and signs of recovery in mining. The group is pursuing share buy-backs and a voluntary tender offer for Astra Otoparts as it prepares for the final quarter of the year.

Four Musi Emas LRT Feeder Corridors Temporarily Suspended from 1 November 2026

Palembang’s Musi Emas LRT feeder services have temporarily suspended four corridors from 1 November while the operator updates its business classification administration and awaits verification through the OSS system. The suspension is expected to last around three to five days, during which the services cannot be procured through e-catalogue or e-purchasing.

Iran says tanker caught fire after striking sea mine in the Strait of Hormuz

Iran’s navy said an oil tanker caught fire after striking a sea mine while sailing through a restricted and unsafe area in the eastern Strait of Hormuz. Tehran said the vessel had ignored official warnings, and reiterated that its policy on managing the strait had not changed.

Brawijaya Patriot Team Helps Young Papuan Farmers Develop Agroforestry

A team of 20 students from Brawijaya University is providing technology and hands-on support to communities in the Klamono-Segun transmigration area, including clean-water facilities, fishing boats, compost fertiliser and small-business products. At Klamono Agro Living, the team is helping young Papuan farmers build an agroforestry initiative that has reached nearly 60 per cent development and strengthened their confidence in farming.

Wings Air Flight from Lombok to Labuan Bajo Circles for 25 Minutes in Heavy Rain

A Wings Air flight from Lombok was held in a 25-minute holding pattern before landing safely at Komodo International Airport, as heavy rain reduced visibility. The downpour, which lasted about an hour, was the first prolonged rain in Labuan Bajo after months of dry weather.

Riots erupt in three major German cities, with 200 people arrested

More than 200 people were arrested after violence broke out in Hamburg, Frankfurt and Berlin following largely peaceful Gen Z protests calling for greater education spending and stronger social policies. Police reported injuries, property damage and the theft of firearms in Frankfurt, while authorities said the situation had largely calmed by Sunday morning.

Anime industry revenues hit record Rp516 trillion in 2025

Japan’s anime industry generated record revenue of US$28.5 billion in 2025, up 15.8% year on year, with overseas sales outstripping the domestic market for a sixth consecutive year. The figures underline anime’s growing role in Japan’s creative-content export ambitions, alongside calls to build a more supportive ecosystem for creators.

2,140 Ships to Undergo Seaworthiness Inspections Ahead of Christmas and New Year

The Transport Ministry will inspect 2,140 vessels from 1 to 30 November 2026 to ensure they meet safety requirements before serving passengers during the 2026/2027 Christmas and New Year travel period. It is also preparing service improvements, fare incentives and alternative Java–Bali routes to ease congestion on the Ketapang–Gilimanuk crossing.

Changing Lifestyles Prompt Modest Fashion Industry to Prioritise Practicality

As consumers seek clothing that is comfortable and practical for increasingly active routines, Indonesia’s modest-fashion businesses are being urged to adapt beyond short-lived style trends. The sector has significant economic potential, but maintaining competitiveness will depend on understanding changing customer needs and developing products suited to everyday use.

Nagan Raya Disaster Agency Deploys Staff to Assess Flood Damage

Nagan Raya’s disaster management agency has sent personnel to assess flood damage and identify losses and urgent needs after flooding affected homes in Darul Makmur and Tripa Makmur districts. Water levels have begun to recede, while officials are assisting residents and warning communities along riverbanks to remain alert to further extreme weather.