Indonesian Political, Business & Finance News

Archive: 3 November 2026

Showing 1,151-1,200 of 1,557 articles

Timothy Ronald Becomes New Shareholder with 1.26% Stake in Tempo Inti Media (TMPO)

Financial influencer Timothy Ronald acquired 13.37 million shares in Tempo Inti Media, equivalent to 1.26% of the company, during October 2026. His entry coincided with sales by other major shareholders, while TMPO shares rose 26.44% to Rp220 in morning trading.

Government steps up extreme weather mitigation for year-end travel

The Transportation Ministry is coordinating with BMKG, BNPB, local governments and infrastructure operators to reduce travel disruptions from extreme weather during the year-end holiday period. Measures include mapping flood- and landslide-prone areas, preparing alternative routes, strengthening equipment and personnel readiness, and requiring operators to plan for emergencies and changing conditions.

Resetting the Course of Indonesia’s Anti-Corruption Efforts

An opinion article argues that Indonesia should align its anti-corruption framework more fully with the UN Convention against Corruption, addressing offences such as bribery, trading in influence and illicit enrichment—not merely state financial losses. It also calls for a proportionate distinction between legitimate business risk and criminal abuse of authority, stressing that the Business Judgment Rule should protect good-faith decisions but not serve as a shield for corruption.

Government to Overhaul Fortified Rice Governance

Indonesia’s National Food Agency is coordinating with the food and drug regulator and Industry Ministry to establish who will verify the quality of fortified-rice kernels, after testing found nutritional content that did not match product labels. The agency has suspended new distribution permits: 25 of 27 brands inspected failed requirements, and potential consumer losses are estimated at Rp89 trillion.

Eisenkot Rejects Joining Netanyahu’s Government

Yashar Party leader Gadi Eisenkot says he will not join a government led by Benjamin Netanyahu, even if US President Donald Trump asks him to, describing the matter as an internal Israeli affair. The inconclusive parliamentary election has left no bloc with a majority, while opposition efforts to assemble a coalition face obstacles over reliance on Arab parties.

Ahead of IGA 2026, Home Affairs Ministry Urges Regional Governments to Make Innovation a Working Culture

The Home Affairs Ministry says the 2026 Innovative Government Award should encourage local administrations to embed innovation in everyday governance, rather than treat it merely as an awards exercise. Deputy minister Akhmad Wiyagus also highlighted collaboration, improved public services and locally generated revenue, citing Mojokerto’s scheme enabling residents to pay taxes with waste.

Jakarta Council Agrees Rp1.5 Trillion Allocation for Upgrading Slum Neighbourhoods

Jakarta’s City Council Commission D has provisionally agreed to allocate Rp1.549 trillion for upgrading slum neighbourhoods and revitalising public housing. The commission also called for more comprehensive planning that combines physical improvements with economic empowerment, disability access and partnerships with the private sector.

Power Cut in Spain’s La Palma Leaves 50,000 Residents Affected

More than 50,000 electricity customers on La Palma lost power during heavy rain after lightning triggered a fire at a substation, followed by a failure at the Los Guinchos power plant. Power was restored to around 75 per cent of affected customers within four and a half hours, while essential services continued using backup supplies and severe-weather warnings remained in force.

Bahlil to Change Mining Rules to Ensure Greater Benefits for Local Regions

Energy and Mineral Resources Minister Bahlil Lahadalia says the government will revise mining regulations to give local businesses, cooperatives and region-owned enterprises greater access to mining permits and contracting work. The policy aims to make downstream processing more equitable and ensure communities in producing regions share in the sector’s benefits, despite criticism from some large companies.

Latest Conditions at the Scene Where a Concrete Mixer Truck Hit a Crowd in Bekasi

Six people were killed and six others injured when a concrete mixer truck struck a crowd on Jalan Cut Mutia in Bekasi; brake failure is suspected. The driver has been named a suspect, and police have moved the case from preliminary inquiry to formal investigation.

Iranian Flags Fly as Civilians Begin Training for War

Iran has opened a military training centre in Tehran for civilian volunteers, with instruction led by members of the Islamic Revolutionary Guard Corps, as the conflict with the United States and Israel enters its eighth month. Tehran says communications with Washington aimed at ending the war are continuing, although recent discussions mediated by Qatar have yielded no breakthrough.

Nanning expands ASEAN ties through trade, transport and AI

Nanning is using the China-ASEAN Expo, new shipping links via the Pinglu Canal and expanding artificial intelligence initiatives to deepen its economic engagement with Southeast Asia. The city reported 65.171 billion yuan in foreign trade during the first eight months of 2026, while new logistics and industrial projects aim to strengthen its role as a China-ASEAN trade and investment hub.

Yingfa Strengthens Solar Cell Manufacturing in Indonesia with 7.5 GW Capacity, Supporting Local Supply Chains and TKDN Regulations

Yingfa Ruineng subsidiary BCI has introduced its Indonesian solar-cell manufacturing facility, which has an annual capacity of 7.5 GW and is the company’s first production base outside China. The company says the investment will support Indonesia’s solar ambitions and local supply-chain development, while helping panel manufacturers meet domestic-content requirements, subject to applicable certification and regulations.

Burglar Arrested in Bogor While Trying to Break into Residents’ Home

Residents in Cileungsi, Bogor, caught a man attempting to enter a home after he had allegedly stolen a mobile phone, more than Rp2 million and a bag from a nearby tyre-repair shop. Police mediated an amicable settlement after the shop owner declined to pursue a complaint, and the suspect was returned to his hometown in Kendal.

Gerindra Has Expelled Three East Java Regional Council Members over Drug Case

Gerindra says it expelled three of its members of regional councils in East Java after their arrests in a suspected drug-abuse case. The party says the decision was made on 8 October, while Surabaya police separately cited suspected standard-operating-procedure violations in transferring seven narcotics officers, without specifying whether they were connected to the case.

UPNVJ Senate Seeks Certainty from Higher Education Ministry on Rector Election

The Senate of Universitas Pembangunan Nasional Veteran Jakarta (UPNVJ) has asked the Higher Education, Science and Technology Ministry to set a timetable and explain why the final stage of its 2026–2030 rector election has not proceeded. With incumbent Anter Venus’s term ended and an acting rector appointed, the Senate says prolonged uncertainty risks undermining academic community confidence in the process.

Wife Knew Dwi Bagus Had Bought a Grinder but Not What It Was For

Martha Amalia Iflahah said she knew her husband, murder suspect Dwi Bagus Martono, had bought a grinding machine, but did not know its intended use or that it was allegedly used in the disposal of the victims’ bodies. She also said she had understood a chimney and outdoor burner at their home to be for burning rubbish and garden waste.

DJP Says Not All Bank Transfers Will Be Subject to Digital Tax, Inge Says

Indonesia’s Directorate General of Taxes says the proposed SPP-TDLN system will not automatically tax bank transfers or personal remittances. It is intended to collect VAT on qualifying overseas digital transactions where VAT has not already been collected, while preventing double taxation and maintaining equal treatment for domestic and foreign businesses.

Trump’s Popularity Is Plummeting, but Republicans Still Have a Secret Weapon: Money

Republicans and allied political fundraising groups have raised US$2.1 billion ahead of the 2026 midterm elections, outpacing Democrats and giving the party a major advantage in advertising. The article examines how outside groups can direct spending between races, with Texas emerging as a particularly costly Senate battleground, while shifting polling prospects have already prompted changes in funding strategy.

Joint Border Security Team Foils Attempt to Smuggle 31.3 Kilograms of Methamphetamine in Tea Packaging

A joint Indonesian-Malaysian border operation in Sanggau, West Kalimantan, seized 31.37 kilograms of methamphetamine and 4,955 ecstasy pills after two suspected couriers fled during an attempted inspection. Tests confirmed the substances, and the evidence has been secured pending further legal proceedings and handover to the West Kalimantan provincial BNN.

Huawei Hosts 7th Global Installer Summit, Bringing Together Top Installers to Strengthen the New Home Energy Ecosystem

Huawei’s seventh Global Installer Summit brought together more than 1,000 partners and installers from 54 countries and territories to discuss the energy sector and showcase new solutions. The company unveiled its LUTERRA S2 home energy system and highlighted initiatives to help installers expand services as the global transition to renewable energy accelerates.

US to Ask NATO to Increase Funding for Ukraine Arms Purchases

Washington is preparing to ask NATO members for additional contributions to the PURL programme, which funds purchases of US-made weapons for Ukraine. The programme reportedly faces a funding shortfall of about US$2 billion for approved arms packages, while deliveries continue and the gap could grow if the Pentagon authorises further shipments.

Police Hunt Accomplices and Receiver of Two Stolen Box Trucks in East Jakarta

Police have arrested one suspect over the theft of two company box trucks in Duren Sawit, while two alleged accomplices and the suspected receiver remain at large. Investigators say the vehicles were stolen using a ‘T’ key and sold on; the arrested man faces a charge carrying a maximum seven-year prison sentence.

Flooding in 15 Nagan Raya Villages, Aceh, Has Completely Receded

Floodwaters that inundated 15 villages in the Tripa Makmur and Darul Makmur sub-districts of Nagan Raya, Aceh, have fully receded, according to the local disaster management agency. Officials have assessed the damage and urged riverside residents to remain alert to the possibility of further extreme weather.

The Stargazers: HIT drama portrays generations of educators and scientists

Harbin Institute of Technology’s drama The Stargazers brings to the stage the story of more than 800 young teachers and students who arrived in Harbin in the 1950s to build academic disciplines and train talent for China’s industrialisation. Blending historical detail with artistic presentation, the production highlights the group’s contribution to higher engineering education and has drawn 500,000 viewers through online livestreams.

Reminder: Applications for MagangHub Internships Close Tomorrow — Here’s the Application Link

The Ministry of Manpower has urged recent graduates, graduates of professional education programmes and people with disabilities to apply for the 2026 MagangHub National Internship Programme by 4 November. Successful applicants are due to be announced on 13 November and begin their placements on 16 November.

Cilegon Police Station Visitors Also Banned from Vaping, Not Just Officers

Cilegon Police have extended a vape ban to visitors, who will be screened at the public service desk and warned not to vape on police premises. Officers found breaking the ban will initially be reprimanded and could face disciplinary sanctions for repeat violations, under a new National Police Chief’s directive.

Gus Ipul Receives Proposal to Build Two People’s Schools in Central Papua, with 3T Areas Prioritised

Social Affairs Minister Saifullah Yusuf says Indonesia’s disadvantaged, frontier and outermost (3T) regions will be prioritised for the government’s People’s School programme. Central Papua Governor Meki Fritz Nawipa has proposed two permanent school sites in Nabire, on provincial and regency-owned land, and the ministry has asked the provincial government to complete the administrative and technical requirements.

Fiscal Creativity Is Key to Regional Development

The opinion article argues that local governments are being burdened by overlapping central-government indices and programmes while facing constrained budgets and growing service responsibilities. It calls for streamlined evaluation and more capable, accountable fiscal management, including carefully assessed central loans, regional bonds and better use of local revenues and transfers, to sustain public services and development.

Manpower Ministry and PT IWIP to Strengthen Skills in Heavy Metal Processing

Indonesia’s Manpower Ministry has partnered with PT Indonesia Weda Bay Industrial Park (IWIP) for two years to develop local workers’ skills, particularly for heavy metal processing. The initiative aims to align workforce development and harmonious industrial relations with expanding investment in eastern Indonesia, with IWIP envisioned as an integrated talent-development hub.

Religious Affairs Ministry to Provide Support and Guidance to Unregistered Islamic Boarding Schools

Indonesia’s Religious Affairs Ministry is stepping up efforts to identify Islamic boarding schools (pesantren) that have not been registered and says it will provide assistance to help them meet administrative requirements. Registration is intended to improve institutional oversight and public information while ensuring that standards for students’ education, care and safety are upheld.

18 Listed Companies to Be Delisted from 10 November 2026: The Full List

The Indonesia Stock Exchange will delist 18 companies with effect from 10 November 2026, citing severe adverse business or legal circumstances and prolonged trading suspensions. The exchange says it has provided opportunities for companies to improve and is urging them to conduct share buybacks, while requiring them to meet their listed-company obligations until delisting takes effect.

Economist: Easing Inflation Creates Room to Safeguard Economic Stability

Indonesia’s annual inflation eased to 3.23% in October 2026, giving policymakers some near-term room to maintain stability, although rising energy prices, rupiah weakness and a narrowing trade surplus pose risks. Bank Danamon economist Irman Faiz expects the trade surplus to contract towards year-end and says external stability may require liquidity management and foreign-exchange intervention; Bank Indonesia kept its policy rate at 5.75%.

Immigration Hunts Foreign National Suspected of Selling Caps Door to Door in Serang

Serang Immigration is investigating reports of a foreign national selling peci caps door to door, an activity officials say is prohibited for foreign investors and workers under rules protecting local micro and small businesses. The agency has interviewed residents and is continuing its search for the individual.

East Jakarta Domestic Worker Suspected of Molesting Employer’s Child While on Video Call with Man

Police have arrested and detained a domestic worker suspected of sexually abusing a five-year-old boy with special needs in Matraman, East Jakarta. Investigators are also pursuing a man who allegedly contacted the worker by video call and offered money to have her send sexual content involving the child; the case is being investigated under Indonesia’s sexual violence, criminal and child protection laws.

Khofifah Provides Aid to Families of Landslide Victims in Lumajang

East Java Governor Khofifah Indar Parawansa has provided condolences, financial assistance and building materials to the family of a father and daughter who died in a landslide in Lumajang. She also urged communities and local authorities to strengthen preparedness as the transition to the rainy season raises the risk of hydrometeorological disasters.

Heavy rain and swollen rivers leave 44 villages in West Aceh affected by flooding

Flooding caused by heavy rain and overflowing rivers has affected 44 villages across 10 sub-districts in West Aceh. The local disaster management agency is assessing the damage and arranging assistance, with reports of damage to infrastructure and public facilities.

Indonesia Called in German Economist to Tackle Inflation and Debt: Who Was He?

Indonesia invited German economist and former Nazi-era official Hjalmar Schacht to advise the government during the severe inflation, debt and production problems of the 1950s. His report advocated attracting foreign capital and reforming credit, import-licensing and foreign-exchange policies, although the government did not adopt all his recommendations amid public controversy over his Nazi ties.

Andrea Bocelli Concert at JIExpo Opens with Interfaith Prayer: ‘Difference Is a Strength’

Qutb Global initiator Hery Haryanto Azumi praised the interfaith prayer at the opening of Andrea Bocelli’s concert in Jakarta, saying it demonstrated how religious and cultural diversity can strengthen national unity. He also described the arts and music as tools for cultural diplomacy and called for peace, justice, collaboration, humanity and unity to be practised in everyday life.

Police to Summon Patient Accused of Harassing Nurse in Bantul

Police in Sewon, Bantul, are investigating a sexual-harassment report filed by a nurse and plan to question the male patient accused of touching her breast. The nurse says the incident has caused significant trauma; after unsuccessful mediation efforts at the hospital, she reported it to police.

Deputy Attorney General: Other Countries Have Abandoned NCB Mechanisms as Potentially Abusive

Narendra Jatna, the Attorney General’s deputy for civil and administrative affairs, told lawmakers that the UK and the US have moved away from non-conviction-based asset forfeiture after concerns it could be used arbitrarily, while the Netherlands has rejected it in favour of criminal proceedings. His remarks come as Indonesia considers an Asset Forfeiture Bill, with judicial oversight and parallel financial investigations cited as safeguards against abuse.

Police Prepare New Rules for Debt Collectors: No More Arbitrary Vehicle Repossessions

Indonesia’s National Police is proposing a formal framework for debt collectors, recasting them as licensed and supervised asset-security and recovery officers. The proposed standards would include training, certification, a code of ethics and oversight, amid recurring reports of intimidation and forced vehicle repossessions.

Denny Indrayana: Gibran’s ‘Refusal to Step Down’ Is Defiance of the Constitution

Former deputy law minister Denny Indrayana says Vice-President Gibran Rakabuming Raka’s refusal to resign despite court rulings over his secondary-school equivalency certificate amounts to defiance of the Constitution. Indonesia’s Supreme Court has granted a citizen’s appeal and ruled the certificate invalid, while the article says a Constitutional Court ruling also raised questions about the evidence supporting it.

Pram asks North Jakarta’s regional leadership forum to help tackle drugs in Kampung Bahari

Jakarta Governor Pramono Anung Wibowo has called on North Jakarta’s regional leadership forum to join efforts to combat drug trafficking and abuse in Kampung Bahari, and pledged full support for the police. Metro Jaya Police Chief Dadang Hartanto said sustained action must combine law enforcement with improvements to the area and social engagement, requiring cooperation between the Jakarta administration, railway authorities and residents.

ICC President Criticises US Sanctions, Vows to Continue Its Mission

International Criminal Court President Tomoko Akane said the court would continue its work independently and impartially despite US sanctions targeting its officials and the institution. Japan voiced support for the ICC and said it would hold discussions with the court and member states to strengthen international confidence in it.

Digital Media Activation to Help MSMEs Move Up the Value Chain

Government regulations provide a framework for Indonesian MSMEs to expand their businesses through digital channels; around 40% have activated businesses digitally, while more than 40 million use digital payment systems such as QRIS. The article highlights domestic supply-chain strengthening and business growth as key challenges, and points to NIB registration, e-commerce platforms, SAPA UMKM and QRIS as ways to support digitalisation without relying on systems developed in advanced economies.

Healthcare Costs Keep Rising as OJK Strengthens Insurance Ecosystem to Protect Policyholders

With medical inflation in Indonesia forecast to reach 17.8% in 2026 and many households facing financial strain from healthcare spending, the OJK has issued a new regulation to strengthen health insurance governance. The rules are intended to improve transparency and sustainability while helping consumers choose cover suited to their needs and financial means.

Palu City Government Moves Provider Cables Underground

Palu City Government has begun tidying disorganised provider cables along several roads as part of efforts to improve urban infrastructure. The initiative aims to make the city more comfortable for residents and shift cable installations to underground ducts.

Dry Season Ends as Heavy Rain and Strong Winds Begin

Kuningan Regency is entering the transition from the dry to the wet season, with the rainy season forecast to begin in the second ten-day period of November 2026. Heavy rain and strong winds have already damaged homes, a prayer room, and commercial buildings, and brought down a tree, though no casualties were reported.

MUI Praises Police Chief for Removing Sukoharjo Police Chief After Boarding School Search Controversy

The Indonesian Ulema Council (MUI) has praised National Police Chief Suyudi Ario Seto for removing Sukoharjo Police Chief Andika Dharma Sena following controversy over a search at Hamalatul Qur’an Islamic boarding school. MUI said the incident raised concerns about humane policing and proper procedures, while urging calm and closer cooperation between police and the public.