Indonesian Political, Business & Finance News

Archive: 2 November 2026

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GP Ansor Central Java: Police Acted Arrogantly and Disproportionately in Sukoharjo Islamic Boarding School Raid

Central Java GP Ansor has criticised police for what it calls an arrogant and disproportionate raid on an Islamic boarding school in Sukoharjo, where students were reportedly still asleep and several were young children. The school’s secretary alleged that officers forced entry, pointed weapons at students and teachers, and seized belongings; GP Ansor also urged police to respond more swiftly to complaints to prevent vigilantism.

Repeat Sex Offender Poses as Shaman to Rape Junior High School Student in Kupang

A 48-year-old man with a prior indecency conviction allegedly posed as a shaman to deceive and rape a 13-year-old junior high school student in Kupang Regency, East Nusa Tenggara. Police say he was detained after the victim’s family and local residents intervened, and he remains under investigation pending further legal proceedings.

Savings Alone Are Not Enough: What Families Need to Prepare for Inflation

Rising living costs and inflation mean families should look beyond day-to-day savings and consider both financial protection and long-term investment planning, an Allianz Life Indonesia executive says. The article highlights a unit-linked policy combining life cover with investment options, while warning that investment values can fluctuate and consumers should carefully assess fees, policy terms and risk suitability.

November Has Barely Begun, but Indonesia Is Already Shaken by 10 Major Market Developments This Week

Indonesian and global markets enter a pivotal first week of November amid sharp falls in Indonesian and US equities, rising Indonesian government bond yields and uncertainty over AI-related investment. Investors will watch a packed calendar of domestic data, US midterm elections and labour figures, as well as new exchange rules and China’s manufacturing indicators.

Israeli Opposition Seeks to Take Control of the Knesset and Draft a Law Targeting Netanyahu

Israel’s opposition is seeking to gain control of the Knesset by replacing its speaker and advancing legislation aimed at Benjamin Netanyahu, after preliminary election results left all blocs short of a majority. Opposition leaders are due to coordinate their strategy ahead of consultations with President Isaac Herzog, with Gadi Eisenkot reportedly willing to accept the first mandate to try to form a government.

Golkar and PDIP Signal Gibran Should Consider Resigning Over Diploma Ruling

Golkar and the Indonesian Democratic Party of Struggle (PDIP), which together hold 212 seats in the House of Representatives, say the Supreme Court ruling invalidating Vice-President Gibran Rakabuming Raka’s high-school diploma equivalency certificate could have political consequences. Golkar official Ahmad Doli Kurnia Tandjung says the legal dispute is nearing its end and may now become a matter of national politics, although his party is waiting to review the full ruling before deciding its position.

Yesterday: Firebreaks protect orangutans as floods spread in Aceh Besar

A roundup of Sunday’s humanitarian news covers a Forestry Minister’s inspection of firebreaks intended to protect orangutan habitat in Central Kalimantan, alongside government programmes on school meals and healthcare access. It also reports that more than 100,000 personnel are involved in the 2026 forest and land fire task force, while flooding has inundated 43 villages in West Aceh.

Parts of Jakarta Forecast to See Rain on Monday

The Meteorology, Climatology and Geophysics Agency (BMKG) forecasts rain in several parts of Jakarta on Monday afternoon. Conditions will vary across the capital, with haze expected in some areas and the Thousand Islands forecast to experience thick cloud and haze at different times.

DKI Yesterday: KAI Ticket Bookings and Parking for Palestine Rally at Monas

Key events in Jakarta on Sunday included KAI opening bookings for long-distance trains departing from 1 December 2026, and police preparing five parking areas for a Palestine solidarity rally at Monas. Other developments included a call to reconsider an Andrea Bocelli concert, plans for waste-free tourism in the Thousand Islands and an appeal for young people to help prevent forest and land fires.

Yesterday’s Crime News: Assault Case and Drug Den Raid

Police arrested a 22-year-old man suspected of fatally assaulting a toddler in Kebayoran Lama. Separately, a joint police and National Narcotics Agency operation in North Jakarta’s Kampung Bahari arrested 27 people suspected of involvement in narcotics distribution and seized firearms.

BMKG Forecasts Light Rain Across Much of Indonesia on Monday

BMKG forecasts light rain across much of Indonesia on Monday, with moderate rain expected in several cities and thunderstorms possible in parts of Kalimantan and Sulawesi. The agency has also warned air travellers to be alert to rain clouds, including cumulonimbus, across several regions and to follow updates from airports and airlines.

Festival Tring 2026 Comes to Solo as Pegadaian Introduces Visitors to Gold Investment

Pegadaian’s five-day Festival Tring in Solo promotes financial literacy and digital gold investment through talks, offers and family activities. The company says Tring users in Central Java and Yogyakarta are nearing 500,000, and is encouraging young people to save in gold rather than borrow to fund entertainment and other goals.

Three Mount Merapi Hikers’ Flight from Officials Comes to an End

Fourteen people were caught illegally hiking Mount Merapi through Klakah village, despite the mountain being closed to climbers amid its Level III alert status. Three initially evaded officials but were later found; authorities say the group had joined an illegal organised trek and will face follow-up questioning and community-service sanctions.

Man Goes Viral After Objecting to Reprimand for Drinking on MRT Train

A video showing a passenger arguing with MRT Jakarta staff after being reprimanded for carrying and drinking a beverage on a train has gone viral. The operator says eating and drinking are prohibited in paid station areas and aboard trains to maintain cleanliness, comfort and order, while reminding staff to communicate politely.

3D-Printed Meat from Israel Starts Appearing on US Supermarket Shelves

Israeli company Perfecta Premium Plant-Based Meat has launched its 3D-printed vegan products in specialist supermarkets across the north-eastern United States, in partnership with distributor KeHE. The range includes plant-based beef, poultry and seafood, with each pack priced at about US$10 as the company seeks to expand its retail reach.

As Indonesia’s Toll-Road Business Approaches Half a Century, These Five Operators Dominate

Indonesia’s toll-road network has grown to about 3,100 kilometres across 76 sections, but ownership and operations remain concentrated among five major groups: Jasa Marga, Hutama Karya, Astra Infra, Waskita Toll Road and CMNP. As the government plans a further 2,461 kilometres of toll roads by 2029, the operators are pursuing different strategies, from expansion and capacity upgrades to asset divestments and portfolio consolidation.

Jakarta Government: Strong Concert Interest in JIS as Access Improves

Fifteen major concerts have applied to be held at Jakarta International Stadium, but none have yet been fully approved as the Jakarta administration continues technical, operational and security assessments. Officials say improved transport links, including access via Ancol and KRL services, have increased promoters’ interest and support Jakarta’s ambition to become an easily accessible events hub.

Europe Erupts Again as Molotov Cocktail Sets French Police Officer Alight

Violent clashes followed mass demonstrations across France, with a police officer suffering burns after being struck by a Molotov cocktail and more than 770 people arrested. Protests over living costs, housing, public services and education also turned violent in Germany, Portugal, Albania and Switzerland, underscoring the challenge European governments face in addressing social and economic grievances while maintaining public order.

Yesterday’s Legal News: Six Killed as Lorry Crashes into Bus Stop; Tolikara Situation Calm

A cement mixer lorry crashed into a bus stop in Bekasi, killing six people, while police said Tolikara had returned to calm after a peace declaration. Other developments included calls for authorities to identify companies suspected of forest and land fires, a review of complaints over a search at an Islamic boarding school, and the seizure of 10 million illegal cigarettes in Aceh.

Yesterday in politics: Gerindra targets victory in 2029 as workers urged to develop skills

Gerindra is strengthening its organisation and setting its sights on winning the 2029 general election, while the Presidential Chief of Staff has urged workers to improve their skills to support downstreaming and industrialisation. Other developments include a Defence Ministry warning about cognitive warfare and a Surabaya event commemorating the city’s heroes.

The Future Energy System Must Not Be Built on Assumptions from the Past

Indonesia’s planned 69.5GW of new generation capacity under the 2025–2034 electricity plan and its 100GWp solar agenda will only deliver lasting benefits if generation is developed alongside transmission, storage and system flexibility. The article argues for energy planning that anticipates multiple economic, technological and geopolitical scenarios, aligns infrastructure with industrial priorities, and measures success by resilience and adaptability as well as capacity.

Malaysia eases work rules for expatriates’ spouses in bid to retain foreign talent

Malaysia will allow spouses of expatriates holding its highest-tier employment pass to work from January 2027, subject to conditions, aiming to make the country more attractive to internationally mobile professionals and their families. Employers and human-resources specialists welcome the move, but say its impact will depend on clear, straightforward rules and how it fits with visa requirements and efforts to develop local talent.

Election Commission Chief Sparks Controversy as Hundreds of Thousands Prepare to Descend on Capital

Hundreds of thousands are expected to join an opposition rally in New Delhi calling for the resignation of Election Commission chief Gyanesh Kumar over revisions that removed more than 130 million names from voter rolls. The commission says wrongly removed voters can re-register, while the opposition alleges the changes disproportionately affect Muslims and other minorities; the dispute has fuelled a sustained wave of protests and increased political pressure on Prime Minister Narendra Modi’s government.

Israeli Strikes Kill Eight People in Gaza, Including Four-Year-Old Child

Israeli strikes in Gaza killed at least eight Palestinians on Sunday, including five police officers and a four-year-old child, amid mounting violations of the ceasefire that took effect in October 2025. Gaza health authorities say 1,580 Palestinians have been killed since the truce began, while disputes over Hamas’s disarmament and Israeli troop withdrawal continue to stall reconstruction.

Presidential Chief of Staff backs stronger digital literacy at SDN Adisutjipto 2 in Yogyakarta

Presidential Chief of Staff Listyo Sigit Prabowo visited SDN Adisutjipto 2 in Yogyakarta to support school renovations and its development as a model for deep learning, coding and artificial intelligence education. The school is also introducing practical STEM learning and digital facilities, as part of the government’s effort to improve education and strengthen Indonesia’s human resources.

Woman in South Sulawesi’s Bone Steals and Pawns Her Mother’s Motorbike to Fund Boyfriend

Police in Bone, South Sulawesi, have arrested a 28-year-old woman accused of stealing her mother’s motorbike and pawning it. She reportedly gave the proceeds to her boyfriend to cover his expenses and her own daily needs.

Bali Auspicious and Inauspicious Days, 2 November 2026: Good for Ancestral Rites

The Balinese calendar identifies the day as favourable for rites honouring deities and ancestors, while advising against activities including weddings, farming and earthworks. These traditional calculations guide Hindu Balinese communities in choosing dates for customary and religious ceremonies.

Prameks Jogja–Kutoarjo Return Timetable for 2–8 November 2026

The Prameks commuter train between Yogyakarta and Kutoarjo will run five services in each direction daily during 2–8 November 2026, with fares of Rp 8,000 per passenger per journey. Passengers can book through Access by KAI or tap in at station gates using eligible transit or e-money cards and QR payments; walk-up passengers are advised to arrive early because boarding capacity is limited.

Vanath: Investment and Formal Jobs Remain Challenges for Maluku’s Economy

Maluku Deputy Governor Abdullah Vanath says inadequate investment and a shortage of formal jobs remain major obstacles, despite economic growth accelerating to 5.31% in the second quarter of 2026. He also highlighted weak local circulation of money, reliance on food and construction supplies from outside the province, and climate-related damage to agriculture, calling for stronger private-sector activity and local productivity.

Jogja–Solo KRL Timetable for 2–8 November 2026: Services from Morning to Night

The Jogja–Solo electric commuter railway runs 15 services daily between Yogyakarta and Palur, stopping at 12 stations along the route. One service, marked with an asterisk in the timetable, does not operate on Saturdays, Sundays or national holidays; fares are Rp8,000 and the journey takes about an hour.

Bali Weather Forecast for 2 November 2026: Are Your Holiday Plans Safe?

BMKG forecasts cloudy conditions in Badung, Gianyar and Buleleng on Monday, 2 November, while other parts of Bali are expected to experience mist, haze or fog and smoke. Temperatures are forecast to range from 18°C to 39°C across the regencies and Denpasar, with high humidity levels throughout the island.

Angler Missing After Drowning in Bogor; Search to Resume This Morning

A 43-year-old angler, Muhayar, has not been found after he reportedly went missing in a former sand-quarry lake in Rumpin, Bogor. A joint search and rescue team searched the water and conducted dives before suspending operations until 7.30am the following day.

Fire Breaks Out at Unjani Climbing Wall, Sparks from Welding Equipment Suspected

A fire broke out at a 20-metre climbing wall at Jenderal Achmad Yani University in Cimahi, West Java, on Sunday afternoon. Firefighters said sparks from welding work to repair the structure’s supports may have ignited a tarpaulin, causing the blaze to spread through flammable materials.

Nine Skywatching Events in November 2026, Including Three Meteor Showers and a Supermoon

November 2026 will bring nine notable celestial events, including three meteor showers, a planetary parade and Mercury at its greatest western elongation. The month will also feature a Beaver Supermoon and Uranus at opposition, with several events best viewed using binoculars or a telescope.

Rupiah at Rp21,000 to the US Dollar Could Be a ‘Disaster’ for the Economy, Hashim Says

Hashim warned that a major foreign-investor outflow linked to concerns about transparency in Indonesia’s capital market could push the rupiah to Rp20,000–Rp21,000 per US dollar, sharply increasing the cost of servicing foreign debt. He urged businesses to stop alleged share-price manipulation, while Bank Indonesia said the currency’s movements reflect market forces and reaffirmed that Indonesia’s economic fundamentals remain relatively sound.

Government and Business Join Forces: Kadin’s 2026 National Leadership Meeting Promotes a People-Centred Economy

Kadin Indonesia’s 2026 National Leadership Meeting brought together 891 representatives to strengthen coordination between businesses and government and promote inclusive economic growth. Its priorities include integrating MSMEs into industrial supply chains, improving economic data and state revenue, and building resilience amid global uncertainty.

Dapoer Gadget Aghitsna Owner Reports Alleged Rp81 Million Investment Fraud to Malang City Police

Ahmad Mahdail Majid, owner of the Dapoer Gadget Aghitsna mobile-phone shop, has reported an alleged investment fraud and misuse of business funds totalling Rp81.043 million to Malang City Police. He says the amount comprises two incidents, and is seeking accountability and clarity on the investigation; the allegations have not yet been answered by the person named in the report.

Investment Realisation Nears Rp4 Quadrillion in Prabowo’s First Two Years

Indonesia recorded Rp3,923.2 trillion in investment between October 2024 and September 2026, according to Investment Minister Rosan Roeslani, with the inflow supporting nearly 5.49 million jobs. Domestic investment accounted for Rp1,998.7 trillion, while foreign investment reached Rp1,924.5 trillion; the government also reported plans to streamline Danantara companies and projected their profitability at Rp334 trillion by year-end.

Mount Merapi Remains Closed as 14 Hikers on Illegal Trip Detained

Authorities detained 14 people who allegedly attempted to climb Mount Merapi despite the mountain being closed while its volcanic activity remains at Level III (Alert). The hikers were found after a report from residents, and will be questioned by the Mount Merapi National Park office; access and activities within a three-kilometre radius of the summit remain prohibited.

Prayer Times for Denpasar and Surrounding Areas Today, 2 November 2026

The Ministry of Religious Affairs’ Directorate General of Islamic Community Guidance has published prayer times for Denpasar, Badung and Gianyar on Monday, 2 November 2026. The article also provides the prescribed intentions for the five daily prayers and explains the wording used when praying alone, as an imam or as a congregant.

Danantara Listed as TIME Gala Presenter but Denies Paying Sponsorship Fees

Danantara says it paid no sponsorship fees for the TIME100 Next Gala in New York, despite TIME listing the Indonesian sovereign investment agency as a presenter. It describes the branding as in-kind support from TIME during preliminary talks about wider cooperation to promote Indonesian investment opportunities at international forums; no final partnership has been announced.

Trade Ministry Urges Student SMEs to Break into Global Markets, with Potential Transactions of US$24.57 Million

Indonesia’s Trade Ministry is using its Campuspreneur programme to help university students develop local products for export, including support with product quality, packaging, branding and buyer connections. At the 41st Trade Expo Indonesia, 25 small and medium-sized businesses from 20 participating universities recorded potential transactions of US$24.57 million, of which US$21.46 million had been followed up with letters of intent.

BMKG Lists Areas at Risk of Heavy Rain in Early November

Indonesia’s meteorological agency, BMKG, has forecast moderate to very heavy rain in several regions on 2–3 November 2026. Aceh, North Sumatra and West Java are on alert for heavy to very heavy rain on 3 November, while strong-wind warnings have also been issued for Papua Pegunungan and Banten on the preceding and following days, respectively.

UN Warns of Potential Tensions in Western Sahara After Mission Ends

UN Secretary-General António Guterres has warned of the risk of renewed hostilities in Western Sahara after the UN peacekeeping mission, MINURSO, ended when the Security Council failed to renew its mandate. Although the mission is being wound down, Guterres says the Sahrawi people’s inalienable right to self-determination remains, while political negotiations are expected to continue.

Israeli Opposition Seeks to Take Control of Knesset After Deadlocked Election

With neither bloc reaching the 61 seats needed to form a government, Israeli opposition leaders are planning to replace the Knesset speaker and use their parliamentary influence to advance legislation. Their proposals include establishing an official inquiry into the 7 October 2023 events and barring anyone facing criminal charges from forming a government, a measure that could affect Benjamin Netanyahu, who is on trial for corruption.

IDX Adjusts Kompas100 Share Weights for November 2026 Period

The Indonesia Stock Exchange has revised the weights of several Kompas100 constituents for 2 November 2026 to 29 January 2027, without adding or removing any companies. Analysts say the changes could prompt portfolio rebalancing and short-term shifts in demand, while stressing that index weighting does not replace assessments of company fundamentals, liquidity and operational risks.

With Domestic Demand Secure, Indonesia’s Cement Industry Expands Exports as Far as the US

Indonesia’s cement industry has sufficient capacity to meet domestic demand, prompting the government and producers to pursue exports to address overcapacity and improve production utilisation. State-owned Semen Indonesia Group (SIG) has shipped more than 300,000 tonnes of specialist cement to the US since June 2026 and reported positive unaudited results for January–September, with domestic sales up 4.2 per cent year on year.

MP says Kampung Bahari raid demonstrates the state’s presence

An MP has described a police raid in North Jakarta’s Kampung Bahari as a tangible demonstration of the state’s commitment to protecting residents from narcotics. He urged authorities to sustain enforcement, pursue the wider networks and their finances, and combine policing with prevention, rehabilitation and community involvement.

More Than Just Hot Weather: Police Reveal Factors Behind Recurring Forest and Land Fires

A 20-year simulation in Pelalawan, Riau, found that hotspots tend to recur in the same locations, with an average of 362 hotspots during El Niño years compared with 42 in other years. The National Police says prevention should use location- and climate-based risk mapping while also addressing peatland conditions, including groundwater levels.

Danantara Explores Investment Cooperation with TIME

Danantara says it is discussing a non-financial partnership with TIME, including participation in international forums such as events in Davos, while stressing it has made no sponsorship payment or funding allocation for TIME100 Next 2026. The proposed collaboration would showcase Indonesian sectors with investment potential and strengthen ties with global investors and business leaders.