Indonesian Political, Business & Finance News

Archive: 3 November 2026

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BPOM Tests Beeru Stevia Samples, to Summon Doktif to Clarify Data

Indonesia’s Food and Drug Monitoring Agency (BPOM) is testing samples of Beeru Stevia and plans to ask the influencer Dokter Detektif (Doktif) to provide details of independent laboratory findings alleging the product contains undeclared artificial sweeteners and calories. The agency says it is investigating the product’s composition and compliance with food-safety, quality and labelling rules, with possible measures including a recall or suspension of production.

Vice-President Gibran Apologises to Pupils After Inspecting Damaged Schools

Vice-President Gibran Rakabuming apologised to pupils after finding severe damage at SMA Negeri 1 Mamasa in West Sulawesi, saying the school would be refurbished under a revitalisation programme. His visit to two schools also highlighted the need to ensure children outside Java have equal access to quality education.

Gold Prices for Three Brands at Pegadaian Rise in Unison on Tuesday

Pegadaian’s listed prices for Galeri24, Antam and UBS gold all rose on Tuesday, with one-gram prices reaching Rp2,467,000, Rp2,580,000 and Rp2,496,000 respectively. The article also provides prices across available weights, while noting that rates may change at any time.

East Java Police Internal Affairs Examines Seven Surabaya Police Officers

East Java Police’s Professional and Security Affairs Division is investigating seven Surabaya narcotics officers over alleged unprofessional conduct, but has not yet determined whether any rules were breached. The inquiry follows the transfer of the officers to district police stations amid suspected standard operating procedure violations; officials have urged the public not to draw premature conclusions.

How Parents’ Murder of Baby in Public Toilet Was Exposed by Victim’s Cries

A 20-month-old child died after being repeatedly submerged in a bucket in a public toilet near Kebayoran Lama Station, allegedly by the child’s mother and stepfather, who then buried the body in Central Jakarta. Police say a toilet owner’s suspicion, prompted by hearing the child cry, led to the pair’s arrest; investigators cite financial hardship as the motive.

Religious Affairs Minister Urges Faith Leaders to Rethink the Concept of Religious Tolerance

Religious Affairs Minister Nasaruddin Umar has urged leaders of different faiths to strengthen harmony by reframing tolerance as a search for shared values rather than passive acceptance of differences. He said interfaith unity supports Indonesia’s domestic stability and religious diplomacy, while the government is also encouraging scholars from different religions to develop a shared national strategy amid global crises and emerging technological and moral challenges.

Korean Peninsula Tensions Rise as North Korea Tests Strategic Cruise Missiles

North Korea says it test-fired strategic cruise missiles on 2 November, a day after testing a cluster-bomb warhead, as tensions with South Korea remain high following a landmine blast that injured at least three South Korean soldiers. Pyongyang claims the tests improve the missiles’ ability to manoeuvre and strike targets, while Seoul says it is analysing the launch in close coordination with the United States.

Hungarian Defence Minister Says Fighter Jets Were Deployed to Escort Passenger Aircraft

Hungary scrambled Gripen fighter jets to escort a Wizz Air passenger aircraft to Budapest after a bomb threat forced it to divert from its London–Sofia route. The aircraft landed safely at Liszt Ferenc International Airport, after which police took over on the ground.

OJK Highlights Gap Between Understanding and Use of Islamic Finance: Literacy at 43%, but Inclusion Just 13%

A nationwide survey by the Financial Services Authority (OJK) and Statistics Indonesia found that 43% of respondents understood Islamic finance, while only 13% owned an Islamic financial product. OJK says the disparity underscores the need for more relevant products and has issued an integrated blueprint intended to accelerate the sector’s growth and expand its contribution to the national economy.

Pramono apologises for delays in disbursing KJMU aid

Jakarta Governor Pramono Anung Wibowo has apologised for delays in disbursing the Jakarta Excellent Student Card (KJMU), saying payments should be completed by 6 November 2026 at the latest. He cited problems with recipient bank-account data and updated welfare deciles, as well as discrepancies in local administrative records; thousands of new beneficiaries also lack KJP accounts.

Fleeing Driver Still Stops to Pay Toll During Police Chase

A food-delivery driver in Malaysia was arrested after a police pursuit from Sri Petaling to Cyberjaya, during which he allegedly collided with several vehicles. Police said he stopped at a toll booth to pay the fare, and a preliminary urine test detected methamphetamine; the case is being investigated for obstructing public officers.

From nearshore waters to the deep blue: China’s Fuzhou charts a new course in maritime strength

Fuzhou has expanded its marine economy through regulatory reforms, smart aquaculture technology and international cooperation, with its gross ocean product growing by an average of 6.9% annually during China’s 14th Five-Year Plan. The article also highlights a China-Indonesia industrial parks project and says Fuzhou’s fishery output value exceeded RMB 70 billion in 2025, reinforcing the city’s role in modern fisheries.

Road Blockade in Bima Leaves Ambulance Carrying Patient Trapped

Residents in Bima, West Nusa Tenggara, blocked a road after a dispute over an allegation that a village official had been attacked, trapping an ambulance carrying a patient and vehicles delivering free nutritious meals. Police and military personnel reopened the route, while police urged residents to resolve disputes through dialogue and use official channels rather than obstructing public roads.

Indonesia’s Nickel Production Remains Excessive, Flooding the Global Market and Driving Prices Down

Indonesia’s nickel output has contributed to a global surplus of nearly 800,000 tonnes, pushing prices below US$16,000 per tonne, the government says. Energy and Mineral Resources Minister Bahlil Lahadalia has asked officials to use production quota allocations under the RKAB system to rebalance supply and demand, while industry data show Indonesia remains the world’s leading producer of processed nickel.

Gerindra Expels Three Regional MPs Arrested at Drugs Party

Gerindra’s party tribunal has expelled three of its regional councillors after they were arrested at a suspected drugs party in a Surabaya hotel and tested positive for narcotics. The councillors will not be held in detention; they are undergoing outpatient rehabilitation under a restorative justice process, with police citing the small quantity of drugs seized.

Indonesian lawmaker calls for forest restoration in fire crackdown

House of Representatives Commission IV member Rina Saadah urged the government to calculate and publicly disclose the environmental damage and community losses caused by forest and land fires, so restoration needs and responsibility can be established. Her call follows police reports that 245 people and 20 companies have been named as suspects nationwide, and stresses that responsible parties—not affected communities or the state budget—should bear restoration costs.

Darunnajah Leader Appointed to the 2026–2031 Majelis Masyayikh

Darunnajah Islamic boarding school leader KH Sofwan Manaf has been inaugurated as one of 15 members of the Majelis Masyayikh for the 2026–2031 term. The independent body, established under the 2019 Pesantren Law, helps set quality assurance standards for pesantren education, with Manaf emphasising that these should reflect pesantren’s educational, religious and community empowerment roles while preserving their distinctiveness and autonomy.

Parents Held After Killing Baby in South Jakarta Toilet; Victim’s Older Sibling Taken into Care

A 20-month-old child was allegedly killed in a public toilet near Kebayoran Lama Station, and the child’s stepfather and mother have been named suspects and detained. South Jakarta’s Social Affairs Sub-agency has evacuated the victim’s three-year-old sibling and is coordinating with other agencies to locate relatives and provide ongoing protection.

Manpower Ministry and PT IWIP strengthen skills for heavy-metal processing

Indonesia’s Manpower Ministry and PT Indonesia Weda Bay Industrial Park have agreed to a two-year partnership to develop local workers for the heavy-metal processing industry. The plan includes a five-year workforce roadmap, vocational training and scholarships, expanded access for people with disabilities, and placing 80 per cent of National Apprenticeship Programme participants at the industrial park.

OJK Holds FinExpo 2026 to Boost Financial Literacy Among the Public and Young People

Indonesia’s financial inclusion rate reached 93.61% in 2026, but financial literacy stood at 69.57%, according to OJK’s national survey. The regulator is holding FinExpo 2026 in Bandung as part of Financial Inclusion Month, with initiatives including a financial education module aimed at helping young people manage money and identify licensed online lenders.

Pupuk Indonesia Eyes Batam Ammonia Hub to Challenge Singapore’s Dominance

State-owned Pupuk Indonesia is exploring an ammonia hub in Batam that would process gas from Natuna and Grissik, adding domestic value and potentially supplying low-carbon marine fuel. The proposal supports Indonesia’s downstreaming agenda and aims to position Batam to compete for future bunkering demand as shipping decarbonises and long-term gas sales contracts to Singapore approach expiry in 2028.

Dividend Bonanza This Week: Four Listed Companies Set to Pay Out

Four Indonesian listed companies are due to distribute dividends or reach their cum-dividend dates during the first week of November 2026, even as the Jakarta Composite Index remains under pressure. The announced payouts range from Rp2 to Rp430 per share, and investors should note each company’s cum date and assess yields against current share prices.

After Failing to Return Umrah Pilgrims, Ministry Blocks Assyifa Berkah Mandiri

Indonesia’s Ministry of Hajj and Umrah has temporarily blocked travel organiser PT Assyifa Berkah Mandiri from using the SISKOPATUH system after it reportedly failed to provide return tickets for pilgrims. The preventive administrative measure bars the company from adding new pilgrims while the ministry investigates and assesses further sanctions; the block does not remove its obligations to those already affected.

Gerindra Denies Intervening in Transfer of Seven Police Officers After Arrest of Drug-Using Party Members

Gerindra’s Honour Council has denied influencing the transfer of seven Surabaya police officers following the arrest of three Gerindra lawmakers at a hotel drug party. The party says it was told that officers were transferred after allegedly soliciting money from the suspects; the lawmakers were later referred for outpatient rehabilitation under restorative justice procedures.

Dwi Bagus’s Legal Wife Delivers a Startling Message: ‘Don’t Take Your Own Life in Detention’

Martha Amalia Iflahah, the legal wife of murder suspect Dwi Bagus Martono, urged him to accept responsibility and face the legal process, while warning him not to take his own life in detention. The message came during a pre-reconstruction of the killings of Dwi’s unregistered wife, Dini Hardiyanti, and her four-year-old child.

In Three Raids, Purwakarta Customs Seize Illegal Cigarettes and Alcohol

Purwakarta Customs seized 438,200 illegal cigarettes and 28.8 litres of illegally traded alcoholic beverages in three operations across Subang and Karawang and on the Cipali Toll Road. The goods were valued at an estimated Rp678 million, with potential state revenue losses of Rp355 million, as officials urged the public to report excise violations.

Police and residents extinguish fire on vacant land in Merauke

Police and residents in Harapan Makmur village, Merauke, quickly put out a fire on vacant land on 1 November, while officers monitored the area and urged residents to stay alert. The response comes amid a BMKG report of 607 hotspots across Merauke, including 35 classified with high confidence.

Supreme Court Overturns Rule Raising Retirement Age to 65; Workers Demand Legal Certainty

Indonesia’s Supreme Court has struck down the staged increase in the age for accessing national pension benefits, finding the relevant provision inconsistent with the National Social Security System Law. A workers’ federation is urging the government to issue replacement rules promptly, warning that the gap between company retirement ages and benefit eligibility leaves workers without income and could create administrative challenges for BPJS Ketenagakerjaan.

Jakarta Generates 9,000 Tonnes of Waste a Day; Pramono Plans Three Waste-to-Energy Plants

Jakarta Governor Pramono Anung says the capital produces around 9,000 tonnes of waste daily and is preparing to build two or three waste-to-energy plants, which would require about 7,000 tonnes of waste each day. The provincial government also plans to expand the use of the Rorotan refuse-derived fuel facility and promote waste sorting and 3R programmes to improve waste management.

Jakarta Information Commission outlines E-Monev strategy to North Maluku counterpart

Jakarta’s Information Commission has shared its public-information transparency evaluation approach with North Maluku, which plans to begin its own monitoring and evaluation programme in 2027. Jakarta’s programme has expanded from 49 public bodies in 2017 to 829 completing self-assessment questionnaires in 2025, and the commission says the process should improve governance and compliance rather than simply rank institutions.

Saudi Aramco to Invest Oil Profits in AI

Saudi Aramco has acquired a 49% stake in AI company Humain for 9.9 billion riyals (Rp47.6 trillion), seeking to deploy its infrastructure across the energy giant’s operations. The partnership is expected to expand revenue and margins, monetise Aramco’s digital and AI assets, and support Saudi Arabia’s ambition to localise and scale its AI industry.

Denny Indrayana: Gibran No Longer Meets the Requirements to Be Vice-President; Impeachment Must Proceed

Former Deputy Law and Human Rights Minister Denny Indrayana says a Supreme Court ruling invalidating Gibran Rakabuming Raka’s high-school equivalency certificate means he no longer meets the educational requirements for vice-president. He argues that, because Gibran has already taken office, the matter should be addressed through impeachment rather than electoral disqualification.

Maha Field Begins Production, Boosting National Gas Supply

Gas production has begun at the Maha Field offshore East Kalimantan, with output expected to ramp up to 230 million standard cubic feet per day. The project forms part of Searah’s South Production Hub, whose combined output is projected to reach a plateau of around 750 MMSCFD, supporting domestic gas supply and energy demand.

Honor Magic 9 to launch in Hong Kong this week

Honor will begin the global rollout of its Magic 9 flagship phone series in Hong Kong on 4 November 2026, with a European launch planned for January 2027. The range includes three models, with features spanning Snapdragon 8 Elite Gen 5 processing, high-resolution cameras and, on the Super Edition, an 11,000mAh battery.

Minister for Administrative and Bureaucratic Reform Urges All Civil Servants to Become Social Protection Agents

Minister Rini Widyantini has asked ministries, agencies, the armed forces and police, and local governments to encourage civil servants to volunteer as social protection agents. The initiative is intended to accelerate a transparent, accountable and fair transformation of social protection, while requiring agents to maintain their public-service duties and provide assistance without discrimination or fees.

Motorcycle Theft Gang in Medan Used a Ruse Accusing Victims of Hitting a Family Member; Struck 50 Times

Police in Medan have arrested three young men accused of stealing motorcycles by falsely claiming that victims had hit one of their family members. Investigators say the gang operated at 50 locations across Medan and several other areas in North Sumatra.

Supreme Court Cancels Plan to Raise Retirement Age to 65; Workers Call for New Rules

Indonesia’s Supreme Court has annulled the regulation that would have gradually raised the age for accessing pension benefits to 65, ruling it contrary to the National Social Security System Law. A workers’ federation is urging the government to issue replacement rules promptly, addressing access age, transition arrangements, benefit adequacy and administration to prevent uncertainty for retirees and BPJS Employment.

Indonesia promotes upstream oil and gas investment opportunities at ADIPEC 2026, highlighting discoveries

Indonesia used ADIPEC 2026 to court global investors, citing 128 sedimentary basins, major recent gas discoveries and an investment forecast of US$17.87 billion in upstream oil and gas for 2026. The government also highlighted flexible production-sharing contracts and announced strategic partnerships, aiming to strengthen exploration, production sustainability and national energy security.

MyPertamina Fair 2026 Officially Begins, with Pertamina Patra Niaga Rewarding Loyal Customers

Pertamina Patra Niaga has launched MyPertamina Fair 2026, running from 2 November to 31 December, offering customers rewards and experiences in exchange for MyPertamina points. The programme includes partner vouchers and merchandise, charitable contributions, flash sales and a prize draw; customers are encouraged to use their 2026 points before balances reset to zero on 1 January 2027.

Ahmad Dhani’s Name Mentioned at Customs Corruption Trial; KPK Responds

A former customs official testified that musician and MP Ahmad Dhani contacted him to seek help over a relative’s seized shipment, while denying knowledge of alleged free concert tickets discussed separately. The Corruption Eradication Commission says Dhani could be called as a witness if ordered by the court, as investigators continue a widening probe into alleged corruption and state losses in the excise sector.

Trump Claims Credit for New York Achievements; Mayor Mamdani Responds with Meme

US Vice-President JD Vance attributed a series of claimed improvements in New York to President Donald Trump’s administration, including lower crime, tax cuts and US$472 billion in investment. New York Mayor Zohran Mamdani responded with a viral meme, prompting online users to accuse Vance of taking credit for the Democratic mayor’s work.

France’s Prison Population Reaches a Record High

France’s prison population rose to 90,937 by 1 October 2026, far exceeding the system’s capacity of 63,400 and leaving nearly 9,000 inmates sleeping on mattresses on the floor. The overcrowding has drawn criticism from the United Nations and the Council of Europe, while a 2023 European Court of Human Rights ruling found France in breach of human rights provisions over prison conditions.

Food Inflation Hits 5.61% in October 2026

Food inflation rose to 5.61% year on year in October 2026, up from 4.98% in September, according to Statistics Indonesia (BPS). Overall inflation eased slightly to 3.23%, while volatile food inflation accelerated and a range of food, energy and transport items contributed to price pressures.

DPD and Manpower Ministry Partner to Develop Vocational Training in Agricultural and Livestock Technology

Deputy Speaker of the Regional Representative Council (DPD) Tamsil Linrung and Manpower Minister Yassierli discussed aligning vocational education with industry needs and regional economic potential, including technology-based agriculture and livestock. Their proposals include expanding polytechnics, training and apprenticeships, with regular meetings to advance collaboration and accelerate the supply of skilled workers.

MNC Bank’s Third-Quarter 2026 Profit Falls 22% as Deposits Shrink 17%

MNC Bank reported net profit of Rp46.63 billion for the first nine months of 2026, down year on year, as interest expenses rose far faster than interest income and net interest income weakened. Deposits fell 17.12%, led by a sharp contraction in time deposits, while the bank’s non-performing loan ratios and loan-to-deposit ratio increased.

Jakarta Records Indonesia’s Highest Investment Realisation, Reaching Rp249.3 Trillion

Jakarta recorded investment realisation of Rp249.3 trillion in January–September 2026, the highest in Indonesia and equivalent to about 16.2% of the national total. Governor Pramono Anung said the city is seeking investment across strategic sectors while stressing job creation, technology transfer and support for small businesses as part of its ambition to become a competitive global city.

MRT Jakarta Reaffirms Ban on Eating and Drinking on Trains

MRT Jakarta has reiterated its prohibition on eating and drinking in fare-paid station areas and aboard trains, following a video showing a passenger being reprimanded for drinking. The operator said staff must enforce the rules while treating passengers courteously, and urged commuters to follow instructions to help keep services clean, orderly and comfortable.

Customs Incentives Give Central Java Toy Maker Scope to Create 3,000 Local Jobs

PT Mayuanda Industrial Indonesia has received bonded-zone status from Central Java and Yogyakarta Customs, supporting its planned expansion in Karanganyar. The company aims to raise toy production from 19 million units and investment of Rp113.6 billion in 2026 to 57 million units and Rp340.8 billion by 2030, while increasing its local workforce to 3,000.

Pegadaian 2026 National Coordination Meeting: Strengthening Unity, Capability and Strategic Synergy Towards Pegadaian 2030

PT Pegadaian and its workers’ union held a national coordination meeting in Bali from 28 to 31 October 2026, bringing together management and union representatives from across Indonesia. The discussions focused on industrial relations, productivity and employee welfare, with union leaders stressing that a capable, prosperous workforce and a growing, competitive company depend on one another as Pegadaian pursues its 2030 transformation.

IHC RS PELNI Wins Danantara Indonesia CX100 Sector Champion Healthcare 2026 Award

PT Rumah Sakit PELNI has received the Danantara Indonesia CX100 Sector Champion Healthcare 2026 award for its focus on patient satisfaction, accessibility and empathetic care. The hospital said its specialist centres and commitment to improving the patient and family experience underpin the recognition and will guide its continued transformation.