Indonesian Political, Business & Finance News

Archive: 3 November 2026

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As the Economy Worsened, an Unexpected Social Phenomenon Emerged

During the Great Depression, the economic hardship in the United States helped spur the popularity of a property-trading board game that became known as Monopoly. The game offered people a way to experience wealth and competition without risking their real finances, while also providing families with hours of distraction from uncertainty.

Brown Rice vs White Rice: Which Is Healthier?

Brown rice retains more fibre, protein, fats and several minerals than white rice because it undergoes less processing. However, white rice may be a better choice for people with kidney disease or those advised to follow a low-fibre diet, while brown rice is often recommended for people seeking more fibre.

Often Feel Disliked by Others? Understanding the Liking Gap

The ‘liking gap’ describes the tendency to believe others like us less than they actually do, often after replaying conversations and focusing on perceived mistakes. The article explains how negative bias can undermine confidence and offers practical ways to engage more attentively, avoid dwelling on awkward moments and build self-acceptance.

Sarana Jaya Reshuffle: Nurfitria Farhana and Ulin Yusron Appointed to Supervisory Board

Jakarta-owned property company Perumda Pembangunan Sarana Jaya has appointed a new supervisory board, with Nurfitria Farhana replacing Rioberto P Sidauruk as chair. The company says the appointments support its organisational transformation, stronger asset management and corporate governance, with closer coordination between directors and supervisors to help meet business targets.

Jakarta Yesterday: Inflation and Raid on Kampung Bahari

Jakarta’s annual inflation reached 2.52 per cent in October 2026, driven mainly by food, beverages and tobacco, while the governor backed police efforts to combat drugs in Kampung Bahari. Other developments included the city’s commitment to follow the central government’s decision on an Andrea Bocelli concert, warnings about impersonation scams, and measures to deter illegal street racing.

Oil Prices Plunge Ahead of US Midterm Elections as Bank Indonesia and Finance Minister Speak Today

Indonesian markets rebounded in equities but the rupiah weakened and government bond yields rose, amid global volatility and investor attention on the US midterm elections. A sharp fall in oil prices, stronger Indonesian manufacturing activity and slower inflation offer potential support, while food-price pressures, currency weakness and a narrower trade surplus remain concerns. The article also outlines key market catalysts, including election outcomes, economic data and proposed financing and tax incentives for Indonesia’s international financial centre.

Police Vape Ban: House Commission IX Warns of the Dangers of Liquid Narcotics

A deputy chair of the House of Representatives’ Commission IX has backed the National Police chief’s ban on officers using vapes and called for stricter controls on e-cigarette liquids that may contain narcotics. He urged the government, the Food and Drug Monitoring Agency (BPOM), police and the National Narcotics Agency (BNN) to strengthen regulation, enforcement and public education to curb distribution, particularly among young people.

OJK Unveils Blueprint to Develop and Strengthen Islamic Finance: What’s New?

The Financial Services Authority (OJK) has launched a blueprint to coordinate the development of Islamic finance across financial sectors and accelerate the halal ecosystem. It sets out three strategic priorities, backed by four foundations, with the aim of making Islamic finance more competitive, inclusive and widely used in Indonesia.

German AI Tracks Submarines as Indonesia’s Neighbour Reveals Ghost Shark’s Advanced Capabilities

Australia has disclosed previously secret capabilities of its Ghost Shark autonomous underwater vehicle, including its ability to carry sea mines and launch ALTIUS aerial drones. Separately, German company Helsing’s SG-1 Fathom uses AI to identify and track submarines, with the company claiming markedly faster acoustic classification and patrol endurance of up to three months.

The state provides certainty over Edward’s citizenship

After nine years of uncertainty, Filipino-born Edward Fannis is awaiting clarity on his citizenship status in Indonesia, where he has built a life with his wife, Rosmin Longka, and her children. Rosmin has pursued the necessary documentation with Indonesian authorities, while Edward has chosen to remain in Bitung rather than return to the Philippines.

Investigator Testifies at Bangun Paulus Extortion Trial

A Central Jakarta police investigator testified in the continuing trial of Bangun Paulus Tudungta, who is accused of extortion and making threats. The defendant challenged the handling and whereabouts of several items of evidence, while the investigator said they were listed as missing and had not been found during the investigation; the next hearing is scheduled for 4 November 2026.

Salim Group Parent Company Under Scrutiny in Singapore over Forest Fires; SIMP Responds

Salim Ivomas Pratama says its indirect parent, Indofood Agri Resources, received a summons from Singaporean authorities and attended a meeting linked to forest and land fires. SIMP says it has not received further clarification from the parent company, but maintains that its fire-prevention measures and operations remain unchanged, with no material impact or recognised contingent liabilities.

Indonesia’s Non-Oil and Gas Exports to China Reach US$54.17 Billion by September 2026

Indonesia’s non-oil and gas exports to China totalled US$54.17 billion in January–September 2026, helping lift overall exports by 5.58 per cent year on year. The country recorded a US$3.36 billion goods-trade surplus in September, although imports rose faster than exports over the first nine months and the oil and gas trade remained in deficit.

Inpatient in Bantul Reported for Sexually Harassing Nurse

A 57-year-old hospital patient in Sewon, Bantul, has been reported to police for allegedly groping a 32-year-old nurse while she was checking his blood pressure and administering antibiotics. The nurse says the hospital mediated with the patient’s family, but she later filed a police report; Sewon Police are questioning witnesses and say they will also examine the patient.

Depok Grandmother’s Granddaughter Screamed in Agony After Being Set Alight

A 17-year-old girl in Depok suffered burns to 80 per cent of her body after her grandmother allegedly doused her with kerosene and set fire to her skirt. The grandmother has been charged under Indonesia’s domestic violence and child protection laws, while police continue to assess her mental health.

From a Cup of Coffee, Difabel Coffee Builds Economic Independence

Supported by Pertamina, Difel Café has trained and created business opportunities for 15 people with disabilities, while a partnership with Rumah Berdaya involves a further seven people with schizophrenia in making coffee-scented incense from used coffee grounds. The initiative has recorded Rp94.11 million in sales turnover and demonstrates how skills training, market access and circular-economy innovation can support income and challenge social stigma.

Adityo Haryo Bimo Resigns as Krakatau Steel (KRAS) Commissioner

State-owned steelmaker Krakatau Steel has received Adityo Haryo Bimo’s resignation from its board of commissioners, effective from a letter dated 1 November 2026. The company said the departure would have no material impact on its operations; Bimo had served as a commissioner since 25 June 2025.

Egypt Signs US$1 Billion Financing Deal with World Bank

Egypt has signed a US$1 billion financing agreement with the World Bank to support economic reforms aimed at improving competitiveness, the business climate and resilience to external shocks. The programme also includes measures to strengthen state-owned enterprise governance, encourage private investment, raise domestic revenue and support the green transition.

58 Indonesians Victimised by Promises of High Salaries in Russian Army Recruitment, Including Former Military and Police Personnel

Indonesian police say 58 people, including former military and police personnel, were recruited under false promises of high pay to serve as mercenaries in Russia. Thirteen suspects have been named across five investigations, while authorities continue to investigate possible links to an organised trafficking network.

Government Bans 25 Fortified Rice Brands from Circulation

The National Food Agency says follow-up action is under way after 25 fortified rice brands, owned by 11 businesses, were found not to meet requirements. Authorities have been asked to halt production and sales, withdraw products and review their permits; revocation remains a possible sanction, while the agency has also called for a moratorium on new fortified-rice permits.

Madiun Murder Suspect’s Legal Wife: ‘Don’t Kill Yourself in There’

Martha Amalia Iflahah says she knew nothing about her husband Dwi Bagus Martono’s alleged murder of his partner and her four-year-old child, but urged him to accept responsibility and face the legal process. Dwi is accused of killing the pair and disposing of their remains; he faces the death penalty, life imprisonment or up to 20 years in prison if convicted of premeditated murder.

Witness Says Former Deputy Attorney General Febrie Ordered Him to Seek Rp50 Billion from Tan Kian

Businessman Ferry Yanto Hongkiriwang told a Jakarta corruption court that former deputy attorney general Febrie Adriansyah instructed him to seek Rp50 billion from property businessman Tan Kian. Ferry said the money was intended to prevent Tan Kian from being named a suspect in the Jiwasraya corruption case, and testified that he received the funds in instalments before returning Rp5 billion he had kept.

Protesters to Descend on Government as Convoy of 1,000 Vehicles Prepares to Surround Capital

Thousands of protesters from southern Thailand plan to drive a 1,000-vehicle convoy to Bangkok’s Government House on Thursday, citing mounting economic hardship caused by rising fuel prices and low wages. Prime Minister Anutin Charnvirakul says the government is willing to hear their concerns, while urging protesters not to infringe on others’ constitutional rights.

Military AI: Germany Invests Rp19 Trillion as UK Warns of Rising Sabotage and Cyber Threats

The UK and Germany plan to jointly develop and test artificial intelligence for military use, expanding their defence partnership and the existing Cyber Lighthouse cybersecurity programme. The countries have yet to announce a budget, specific technologies or deployment timetable; further discussions involving government and defence industry representatives are planned for spring 2027.

Bandung Man Faces Six Years in Prison and Rp60bn Fine for Decanting Subsidised LPG into Portable Canisters

Bandung police have arrested a 25-year-old man accused of transferring subsidised 3kg LPG into portable gas canisters and selling them online since 2024. The case highlights the unlawful diversion of subsidised fuel intended for eligible users; the suspect faces a maximum six-year prison sentence and a Rp60bn fine.

Iran’s Fierce Response as Trump Boasts He Could Destroy Targets in Minutes

Donald Trump has claimed the US could strike suspected Iranian nuclear sites within minutes, while declining to rule out renewed military action as diplomatic talks continue. Iran has warned that any new conflict could last longer than the previous fighting and that Tehran, not Washington, would determine when it ends.

KPK Urges Nusron to Co-operate Amid Reports He Plans to Travel to Japan

Indonesia’s Corruption Eradication Commission (KPK) has urged Agrarian Affairs and Spatial Planning Minister Nusron Wahid to prioritise an investigation into alleged bribery linked to the handling of land-use rights held by PT Summarecon Agung in Bogor. Nusron has missed two summonses, and anti-corruption activist Boyamin Saiman says a third may coincide with a planned visit to Japan; the KPK has not confirmed that a new summons has been issued.

NTB Hit by 153 Disasters Between January and October 2026, with Floods Most Prevalent

West Nusa Tenggara recorded 153 disasters from January to October 2026, led by 66 floods, according to the provincial disaster agency. The events killed nine people, injured 21 and affected more than 392,000, while damaging homes, public infrastructure, farmland and local businesses.

Breaking News! Major Explosions Rock Iran’s Qeshm Island in the Strait of Hormuz

At least five explosions were reported on Iran’s Qeshm Island, but authorities have yet to confirm their cause or issue an official statement. The incident comes amid reported progress in negotiations between Washington and Tehran, including discussions of reopening the Strait of Hormuz in exchange for Iranian demands.

Shocking Details Emerge in Russian Mercenary Trafficking Case; Former Indonesian Military and Police Personnel Among Victims

Indonesian police say victims recruited through a trafficking scheme involving Russian mercenary work include former members of the Indonesian military and police. Five police reports have identified 13 suspects and 58 victims, with recruits allegedly lured by overseas job advertisements and only told of the mercenary role after being collected.

Schools Strengthen Pancasila Education to Prevent Intolerance Among Pupils

Indonesia’s counter-terrorism agency recorded 620 children aged 11–18 from 34 provinces receiving law-enforcement intervention for exposure to radicalism or violence between January and August 2026. In response, schools are expanding practical, character-based Pancasila education, with Jakarta preparing pilot programmes at 10 additional schools to assess their impact on pupils’ behaviour and national awareness.

Six East Java Regencies Hit by Floods and Landslides

Heavy rain has triggered flooding and landslides across six regencies in East Java, affecting more than 1,100 people in Lumajang alone and cutting off access to a hamlet where 117 households are isolated. Authorities report damage to homes and roads but no fatalities, while emergency teams continue clearing debris and monitoring river levels.

Febrie Adriansyah Asks Tan Kian: Were You Ever Steered Towards Becoming a Suspect?

Former Deputy Attorney General for Special Crimes Febrie Adriansyah questioned businessman Tan Kian about whether investigators had ever directed him to become a suspect in the Jiwasraya or ASABRI cases; Tan said they had not. Their testimony concerned an alleged SGD 5 million payment, while Febrie is on trial accused of extorting Tan and laundering more than Rp346 billion and US$440,990.

Febrie Adriansyah Says Tan Kian Did Not Feel Threatened with Being Named a Suspect

Former Deputy Attorney General for Special Crimes Febrie Adriansyah said businessman Tan Kian had not been pressured or threatened with suspect status during earlier investigations into the Jiwasraya and ASABRI cases. Tan testified that he handed over SGD 5 million to Ferry Yanto Hongkiriwang before the COVID-19 pandemic, while Febrie said he did not know whether Tan’s account was true. Febrie is on trial, accused of extorting Tan and laundering more than Rp346 billion, alongside other alleged proceeds.

Family of Three in Pacet, Bandung, Reportedly Experiencing Mental Health Problems and Living Under One Roof

Three siblings in Mekarsari village, Bandung regency, are reported to need mental health care, while they and their families live in a cramped, unsanitary home. Bandung regency authorities have taken the three to Cisarua Mental Hospital and plan to renovate the uninhabitable house, as officials say sustained mental health and social rehabilitation support is needed.

Bali Mobile Samsat Services on 3 November 2026: Locations in Tabanan and Denpasar

Mobile Samsat services will operate in Tabanan and Denpasar on Tuesday, 3 November 2026, allowing residents to pay vehicle tax or obtain STNK renewals without visiting a main Samsat office. Applicants must bring the original vehicle registration certificate and identity card; vehicle tax can be paid up to 90 days before its due date.

Mystery Surrounds Elderly Man Found Burnt in Godean Rice Field, Sleman

An 89-year-old man was found dead in a rice field in Godean, Sleman, with burns from the waist down. Police are investigating the circumstances and coordinating further medical examinations.

Using Mossad Tactics, Ukraine Prepares ‘Headset Bombs’ to Attack Russian Bases

Russia’s FSB says it foiled attempts to smuggle explosive-rigged FPV headsets to Russian drone operators through volunteer logistics networks. The alleged plot echoes Israel’s 2024 pager operation in Lebanon, although the reported Ukrainian effort was smaller and was uncovered after a soldier alerted military counter-intelligence.

Israel’s Opposition to Meet as Netanyahu Rejects Coalition with Arab Parties

Israel’s opposition bloc, led by Gadi Eisenkot, is to meet after its leaders backed him as their candidate for prime minister, following an election that left no side with a majority. Benjamin Netanyahu has called for a broad coalition under his leadership while ruling out Arab-majority parties, whose 19 seats could prove decisive.

After More Than 1,000 Israeli Attacks, Syria Seeks to Join the Makkah Pact

Syria is considering joining the mutual-defence pact established by Saudi Arabia, Türkiye and Pakistan, as Damascus faces growing regional security threats and says Israel has carried out more than 1,000 attacks on Syrian territory in under two years. Foreign Minister Asaad al-Shaibani says discussions are under way, but no final decision has been announced; membership would require the founding states’ approval and agreement on Syria’s defence contribution.

Religious Affairs Ministry Opens SafeKader Training to Prevent Violence in Islamic Boarding Schools

The Religious Affairs Ministry has launched SafeKader training for Islamic boarding school staff, aiming to prevent and respond to violence and sexual abuse and make pesantren safer for students. The programme forms part of the broader SAFESANTRI initiative and includes risk assessment, early detection, reporting, victim support and child safeguarding measures.

North Korea condemns FBI allegations over Binance hack as ‘grave’ provocation

Kim Yo Jong denounced the FBI’s allegation that a North Korea-affiliated hacking group stole US$6 billion from Binance, calling it a political provocation and rejecting claims that Pyongyang was responsible. The dispute follows similar US accusations over the Bybit theft and comes as President Donald Trump has expressed uncertainty about North Korea’s involvement and signalled openness to meeting Kim Jong Un.

Bahlil Orders Indonesian Natural Resources Exports Not to Transit Through ‘That’ Country

Energy and Mineral Resources Minister Bahlil Lahadalia has ordered officials to send Indonesian natural resources and LNG directly to their destination markets, rather than routing them through intermediary countries. He says transit countries gain tax revenue and trade-balance benefits from the practice, and frames the directive as an assertion of Indonesia’s sovereignty over its trade and resources.

Police Urge Public to Beware of High-Pay Offers to Join Russian Army

Police have warned Indonesians about human trafficking schemes disguised as overseas job offers, particularly recruitment for work in conflict zones or military activities. The warning follows the arrest of 13 suspects allegedly involved in recruiting Indonesians as mercenaries in Russia, and authorities have urged jobseekers to verify recruiters and report suspected trafficking.

West Java Police Chief Bans Officers from Using Vapes: What Are the Penalties for Breaches?

West Java Police Chief Hengki has banned vaping across provincial and district police headquarters, applying the rule to police personnel, civil servants and visitors. The policy is intended to maintain discipline and a healthy workplace, and follows a national police ban aimed in part at curbing the use of vapes to conceal drug misuse; no specific penalties for breaches are stated in the report.

Denny Indrayana Comments on Gibran’s English Grade: ‘What Is E8? It’s a Fail’

Former Deputy Minister of Law and Human Rights Denny Indrayana says Vice-President Gibran Rakabuming Raka’s English grade of E8 on an O-Level transcript does not meet Singapore’s passing standard. The grade has become a point of contention after Gibran’s lawyers presented documents relating to his education in a response filed with the Jakarta State Administrative Court.

Bahlil Wants Indonesian Natural Resources Exported Directly, Saying: ‘Indonesia Cannot Be Dictated To’

Energy and Mineral Resources Minister Bahlil Lahadalia has ordered that Indonesian natural resources, including minerals and LNG, be exported directly to their destination rather than routed through intermediary countries. He says transit countries benefit from the resulting tax revenue and trade figures, and frames the move as a matter of national sovereignty, following a reduction in gas supplies to Singapore to protect domestic energy needs.

Israeli Strike Hits Charity Kitchen Minibus, Five Gaza Residents Killed

Israeli attacks across Gaza killed at least five Palestinians and injured several others, including three people wounded when a minibus belonging to a charity kitchen was struck. Gaza authorities say the death toll since October 2023 has reached 74,609, while reporting thousands of ceasefire violations and aid deliveries far below agreed targets.

Iran and US Intensify Negotiations

Iran says indirect messages with the United States are continuing through Qatari mediation, but insists that seven conditions—including the lifting of the US naval blockade—must be met before the Strait of Hormuz can reopen. Separately, former foreign minister Manouchehr Mottaki warned that any renewed conflict with the US and Israel could extend beyond the Middle East, while Supreme Leader Mojtaba Khamenei has ordered the military to prepare for possible attacks.

Rain Likely: BMKG Forecast for Bali Today, 3 November 2026

BMKG forecasts light rain across most of Bali on Tuesday, 3 November, while Klungkung, Bangli and Buleleng are expected to be partly cloudy. Temperatures across the regencies and Denpasar are forecast to range from 20°C to 32°C, with high humidity in many areas.