Indonesian Political, Business & Finance News

Archive: 5 November 2026

Showing 1,301-1,350 of 1,658 articles

Video: Watch Indonesia’s Q3 2025 GDP Announcement—What Lies Ahead for the JCI and Rupiah?

Investors are monitoring domestic and international developments, including US midterm election results, US policy towards the Middle East, MSCI-related sentiment and Indonesian economic growth. An analyst says growth in line with forecasts could reinforce confidence in the economy’s resilience and support both the Jakarta Composite Index (JCI) and the rupiah.

Revitalising 836 Special Schools: Education Ministry to Deliver Safe Schools and Strengthen Inclusive Education

The Ministry of Primary and Secondary Education is revitalising 836 special schools in 2026, prioritising safe buildings, accessibility and learning facilities tailored to pupils with disabilities. The programme’s school-managed grants are intended to address varied local needs, from therapy rooms and accessible routes to safe classrooms, while ensuring public oversight and accountability.

Jokowi Appears at Roy Suryo and Dr Tifa Trial, Presents Video Evidence in Fake-Diploma Case

Former president Joko Widodo testified in an East Jakarta court in a defamation case over allegations that his university diploma was forged. He said the claims had circulated since 2020 and intensified in 2024–25, while the case against Roy Suryo and Tifauzia Tyassuma proceeds under criminal and electronic information laws.

Trump-backed Candidate Defeated as El-Sayed Says Michigan Chose Hope

Democrat Abdul El-Sayed has defeated Republican Mike Rogers in Michigan’s Senate race, securing a historic victory as the first Muslim elected to the US Senate. The result reverses the state’s support for Donald Trump in 2024 and deals Republicans a setback, amid voter concerns over living costs, trade policy and the Iran war.

Andre Rosiade Urges Full Probe into Alleged Presidential Wiretapping: ‘Resist the Distraction’

Gerindra spokesman Andre Rosiade has called for a full investigation into alleged wiretapping of President Prabowo Subianto, warning the public not to be distracted by rumours that Sufmi Dasco Ahmad could replace Vice-President Gibran Rakabuming. The Palace says Prabowo has dismissed Listyo Sigit Prabowo as Presidential Chief of Staff and that the alleged conduct may amount to treason, while insisting public services will not be affected.

Judge Asks Jokowi About His Occupation at Roy Suryo Trial

Former president Joko Widodo testified in the defamation case involving Roy Suryo and others over allegations that Jokowi’s university diploma was forged. Before his testimony, the judge verified Jokowi’s identity, including the occupation listed on his identity card, and administered the oath; the defendants face charges under Indonesia’s Criminal Code and Electronic Information and Transactions Law.

Inheritance: The Long March of the New Era

The article presents China’s Long March as an enduring political spirit, linking it to rural reforms, the country’s economic transformation, space and technology achievements, and its global initiatives. It argues that these developments reflect China’s pursuit of its own path while sharing experience and cooperating internationally to address common challenges.

PGN Strengthens Its Business and Operations with a Low-Carbon Energy Focus

Pertamina Gas Subholding PGN says it cut emissions by 29,574.87 tonnes of CO₂ equivalent by August 2026, exceeding its target for the period by 35.3%. The company is expanding gas infrastructure and services while exploring biomethane and carbon capture technologies, as part of a staged strategy to support Indonesia’s energy transition.

Bandung City Council Pushes for Decent and Affordable Flats

Bandung City Council is seeking to revise the city’s 2014 regulation on flats to ensure housing is more decent, inclusive, healthy and affordable. The proposed rules are also intended to improve professional management and connect residents with public services such as education, healthcare and transport amid scarce land and high property prices.

MP Backs 60-Day Oil Reserve Target, Explaining the Rationale

Golkar MP Bambang Patijaya has backed the government’s target of expanding national oil storage capacity to the equivalent of 60 days’ demand, citing energy security amid geopolitical uncertainty and volatile global supplies. He urged the government to advance planned crude oil storage facilities in Sumatra, saying they could support strategic reserves, attract investment and strengthen Indonesia’s role in regional energy logistics.

Two TNI Soldiers Killed in Helicopter Crash During Forest-Fire Mission Repatriated to Bandung and Semarang

The remains of two Indonesian Army crew members killed when an MI-17V5 helicopter crashed in Seruyan, Central Kalimantan, have been sent to their respective home cities for burial. The helicopter was supporting efforts to tackle forest and land fires, and the repatriation arrangements followed the families’ wishes.

KB Bank (BBKP) Sells 85% Stake in Subsidiary for Rp339.97 Billion

KB Bank has completed the sale of 85% of its stake in finance subsidiary KB Bukopin Finance to JB Woori Capital for Rp339.97 billion. The bank says the divestment will provide additional liquidity and help it focus capital on its core banking business, while it retains a 14.24% stake in the company.

Jokowi Puzzled That Roy Suryo Concluded His Degree Certificate Was Fake Without Seeing the Original

Former president Joko Widodo told a court he was puzzled that Roy Suryo had declared his degree certificate fake without ever seeing the original. Testifying in Suryo’s defamation trial, Jokowi disputed claims about his undergraduate thesis and said he objected to Suryo’s statements; the defendant faces charges under Indonesia’s Criminal Code and electronic information law.

Jokowi Shows His Diplomas in Court in Front of Roy Suryo

Former Indonesian President Joko Widodo displayed his school and university diplomas during the trial of Roy Suryo, who is accused of defaming him over claims about his academic credentials. Prosecutors allege Suryo spread false information about the diplomas; he faces charges under Indonesia’s Criminal Code and electronic information laws.

BNPB Expresses Grief over TNI Soldiers Killed While Tackling Forest Fires

BNPB chief Kristomei Sianturi has expressed condolences after three Indonesian Army soldiers died during a forest and land fire response operation in Central Kalimantan. A TNI Army helicopter crashed while collecting water for a water-bombing mission near Tanjung Puting National Park, prompting calls for public support and an end to land burning.

Antam Gold Price Rises to Rp2.55 Million, While Buyback Price Falls

Antam’s 24-carat gold selling price rose by Rp3,000 to Rp2,557,000 per gram on Thursday, while its buyback price fell by Rp13,000 to Rp2,357,000. Prices vary by bar size, with a 1kg bar listed at Rp2,497,600,000.

Jokowi Firmly Confirms He Brought His Diploma to Roy Suryo Trial: ‘Everything, Everything!’

Former Indonesian President Joko Widodo said he had brought his diploma and all necessary documents to testify in the trial of Roy Suryo, who is accused of defamation over allegations that Jokowi’s diploma was fake. Jokowi’s appearance as a witness is a significant moment in the case, which centres on the disputed diploma.

South Jakarta Residents’ Innovations Compete in Waste-Sorting Heroes Contest

Five community-led waste-management initiatives in South Jakarta are undergoing field verification in Jakarta’s provincial Waste-Sorting Heroes competition. Judging considers not only practical results but also programme sustainability and resident participation, with finalists showcasing technology-based ways to process household waste.

Jokowi Says He Revised Thesis Title Three Times Before Earning an A

Former President Joko Widodo told a court that he submitted three thesis-title proposals before his undergraduate thesis was approved and defended in 1985, earning an A after minor revisions. He also rejected allegations that his thesis was forged, arguing that the printing house used the same Times New Roman typeface on thousands of theses at the time.

[e-IPO] ANDA: Company Profile, Prospectus, Business Outlook and Key Dates

Mining-services provider PT Andalan Artha Primanusa Tbk (ANDA) has begun its IPO process, offering shares at an indicative price of Rp158–189 and planning to list on the Indonesia Stock Exchange on 1 December 2026. Proceeds are earmarked for debt repayment and working capital, while the company’s outlook is linked to continuing coal demand and expansion into nickel mining services.

Conspirator Sentenced to Death in Jakarta, Executed in a Brutal Manner

Pieter Erberveld, a prosperous Eurasian businessman, was executed by the Dutch East India Company (VOC) in Batavia in 1722 after a planned revolt was exposed. His public execution and the monument erected to commemorate it became part of the city’s history, remembered today in the name Kampung Pecah Kulit.

Kemnaker: 2026 Wage Subsidy Payments in Coordination with Finance Ministry

The Manpower Ministry says the proposed fourth-quarter 2026 Wage Subsidy Assistance (BSU) is still being coordinated with the Finance Ministry, including its budget application. If approved, eligible workers are expected to receive Rp900,000 in a lump sum, covering Rp300,000 a month for October to December, as part of the government’s economic stimulus to support purchasing power.

Berbak and Sembilang National Park prepares post-fire restoration

Berbak and Sembilang National Park plans to restore about 300 hectares of fire-damaged land by planting pulai and swamp jelutung trees once the rainy season intensifies. Firefighting operations are continuing on three fronts, with the blaze having burned an estimated 4,200 hectares; difficult access and limited water supplies are hampering efforts.

DPD Chairman Welcomes Growing Enthusiasm for Awards Showcasing Regional Talent

DPD RI chairman Sultan Baktiar Najamudin says applications for the awards have risen to more than 1,000 in their second year, with entrants competing in four categories. He describes the programme as a platform to bring local talent to national and international attention, citing a previous winner whose community work in Aceh led to further recognition and support from government institutions.

Considering Study in Europe: It’s About More Than Universities and Scholarships

The 18th European Higher Education Fair in Yogyakarta brought together 90 institutions from 14 EU member states and offered information on courses, admissions and more than 1,000 scholarships. For Muslim students, the experience of an Indonesian student in Malmö also highlights practical considerations such as access to halal food, places of worship and a supportive community, alongside living costs.

Jokowi Agrees to Be Sworn In Before Testifying at Roy Suryo Trial

Former Indonesian president Joko Widodo agreed to take an oath before giving evidence in the defamation trial of Roy Suryo and Tifauzia Tyassuma over allegations that his university diploma was fake. The case involves alleged defamation and provisions of Indonesia’s Electronic Information and Transactions Law, alongside charges under the Criminal Code.

Crypto Markets Celebrate Trump’s Defeat as Bitcoin Soars

Bitcoin and other major cryptocurrencies rebounded after losses linked to a Binance hack and uncertainty surrounding the US midterm elections. The article argues that Democratic control of Congress could constrain President Donald Trump’s fiscal agenda and support risk appetite, while noting that the market impact remains speculative and Binance’s response will be key to restoring confidence.

Jokowi Explains the ‘Wood Technology’ Specialisation at UGM’s Faculty of Forestry

Former Indonesian president Joko Widodo told a court that “Wood Technology” was an informal label for students who focused on selected courses in wood and forest products, rather than a formal degree department. He also described why he filed a police complaint over allegations that his university diploma was fake; the case centres on charges against Roy Suryo over alleged defamation and electronic-information offences.

Family Recounts How Bagus Pretended to Search for Dini and Reported Her Missing to Police

Dwi Bagus Martono allegedly joined Dini Hardiyanti’s family in searching for her and her young son after reporting them missing, while concealing that he had killed them. Dini’s brother says the family searched across several locations from 5 to 10 October, misled by Bagus’s apparently ordinary behaviour; the pair were buried together in Megamendung on the day of the report.

DPR Commission III: Asset Forfeiture Bill Clarifies that Corruptors Can Face the Death Penalty

DPR Commission III chairman Habiburokhman says the proposed Asset Forfeiture Bill will reinforce that corruption offenders may be sentenced to death, with implementation governed by existing laws. The bill would also establish procedures for tracing and seizing assets, protect good-faith third parties, and uphold legal certainty, proportionality and human rights.

Jokowi appears in court to testify in fake diploma case

Former Indonesian president Joko Widodo appeared as a witness in two trials involving allegations of defamation and slander against Roy Suryo and Tifauzia Tyassuma, who questioned the authenticity of his university diploma. Jokowi said he had brought his diplomas to court, as police increased security and diverted traffic around the courthouse.

Envision Green Ammonia Fuels the World’s First VLAC

Envision has supplied certified green ammonia to fuel Terra Clove, the world’s first very large ammonia carrier (VLAC) equipped with an ammonia dual-fuel propulsion system. The milestone extends the company’s commercial supply chain from renewable hydrogen production through maritime transport to ship fuel use, highlighting ammonia’s potential to help cut shipping emissions.

Philippines on Alert for Powerful Magnitude 8.5 Earthquake and Tsunami

The Philippines will conduct a large-scale earthquake and tsunami preparedness drill in Cagayan, simulating a magnitude 8.5 quake and testing warning, evacuation and emergency-response systems. The article also notes that 33 countries advise residents to keep emergency supplies, amid risks including conflict, extreme weather and cyber threats.

IRGC Says US Has Increased Intelligence Activity Near Iran

Iran’s Islamic Revolutionary Guard Corps says the United States has stepped up reconnaissance near Iran, allegedly seeking to identify the country’s air-defence systems, and claims the effort was thwarted. The report also cites an Iranian claim that it intercepted a US MQ-1 drone and notes that tensions remain unresolved after renewed strikes by both sides.

Bitmine Immersion Reports 6.06 Million ETH Holdings and $14.5 Billion in Crypto, Cash and Securities

Bitmine says its crypto, cash, marketable securities and “moonshot” investments totalled $14.5 billion as of 1 November 2026, including 6.06 million ETH—about 4.9% of the token’s supply. The company also reported 5.23 million ETH staked and argued that the market’s relatively muted response to a reported Binance theft shows growing resilience across the crypto industry.

Bahlil Ready to Curb Nickel Production to Prevent Indonesia Selling It Too Cheaply

Energy and Mineral Resources Minister Bahlil Lahadalia says the government is considering tighter nickel production quotas through the annual work-plan and budget approvals, as prices have fallen below US$16,000 a tonne amid oversupply. The policy aims to balance supply and demand, protect prices and reserves for future generations, while also encouraging the nickel industry to move further downstream towards finished products.

School Dropout Teen Admits to 10 Snatch Thefts, Stealing Tourist’s Necklace Worth Rp 38 Million

A 15-year-old in Badung, Bali, has been arrested after allegedly admitting to 10 snatch thefts, including the theft of two gold necklaces worth around Rp 38 million from an Azerbaijani tourist. Police say he acted with an accomplice who remains at large; the teenager faces a charge carrying a maximum nine-year prison sentence.

Traffic Diversions Introduced Near East Jakarta District Court for Jokowi Diploma Hearing

Jakarta’s transport agency and East Jakarta police have introduced temporary traffic diversions near the East Jakarta District Court as a hearing involving former president Joko Widodo draws large crowds. Transjakarta services continue to operate, although some routes avoid Dr Soemarno Street and two stops are temporarily closed to passengers.

IDX Suspends Two Shares for Failure to Publish Financial Reports

The Indonesia Stock Exchange (IDX) has continued suspending shares in Menn Teknologi Indonesia and Mitra Tirta Buwana after both companies failed to submit interim financial statements for the period ending 30 June 2026, without an accompanying public accountant’s report. The action follows IDX rules for companies listed on the Acceleration Board, with restrictions differing by market for each share.

Government targets 2,121 home renovations in Surakarta and Padang

The government plans to renovate 2,121 homes, allocating 691 to Surakarta and 1,430 to Padang, as part of a nationwide programme to build and improve around three million homes. Housing Minister Maruarar Sirait said the scheme should be paired with community empowerment, business support and land certification, while ensuring assistance reaches residents most in need.

Judge Urges Jokowi to Answer Questions Clearly

Former president Joko Widodo appeared as a witness in the East Jakarta District Court trial of Roy Suryo and Doctor Tifa, who are accused of defamation over claims that Jokowi’s university diploma was false. The presiding judge administered his oath and urged him to answer questions clearly; the defendants face charges under Indonesia’s Criminal Code and Electronic Information and Transactions Law.

A Resonance of Empathy Echoes at the 2026 AMI Awards

At the 29th Anugerah Musik Indonesia (AMI) Awards, winners used the stage to express concern and empathy over the country’s current circumstances, alongside a celebration of Indonesia’s musical diversity. Singer Andien, who won Best Alternative Soul/R&B Solo Artist, said art does not exist in a vacuum and thanked those who have supported her 26-year career.

Blokees Becomes Strategic Partner of Hatsune Miku’s ‘MIKU WITH YOU 2026’ Concert in China

Blokees was the official strategic partner of the ‘MIKU WITH YOU 2026’ concert in Shanghai, where it showcased Hatsune Miku products and introduced two new figures. The event also featured more than 20 fan-created photographs and custom works, highlighting the company’s efforts to connect its products with a global creator community.

Jokowi Details His Education from Primary School to University at Diploma Hearing

Former Indonesian president Joko Widodo testified about his schooling and university studies during the trial of Roy Suryo, who is accused of defamation and electronic information offences over allegations that Jokowi’s university diploma was false. Jokowi said he attended schools in Surakarta and studied forestry at Gadjah Mada University, taking several elective courses in wood technology.

House of Representatives receives government’s inventory of issues on Asset Forfeiture Bill and will begin substantive talks

The House of Representatives’ Commission III has received the government’s inventory of issues on the Asset Forfeiture Bill and is moving directly into discussions on its substance. Commission chair Habiburokhman aims for the bill to be enacted in November 2026, ahead of the previously set 15 December target, as the government says it is ready for comprehensive deliberations.

Way Kambas National Park Hit by Another Fire

A fire broke out again at Way Kambas National Park in East Lampung, with two flames reportedly seen near the Rantau Jaya Resort area. Park staff are still working to extinguish it, while officials are seeking information about suspected deliberate burning.

Jokowi Reveals When He First Learned of Allegations He Had a Fake Degree

Former president Joko Widodo told an East Jakarta court that his aide first showed him social-media posts accusing him of using a fake degree in March 2025. He said the allegations had circulated since 2020 and intensified in 2024–25; he subsequently reported Roy Suryo and others, and the case is now being heard in court.

BKN Blocks Records of Five Civil Servants Appointed in Breach of Procedures in West Sulawesi

Indonesia’s National Civil Service Agency (BKN) has blocked the personnel records of five West Sulawesi civil servants after finding that their promotions from supervisory to administrator posts did not comply with civil-service management rules. BKN says appointments that fail to follow merit principles can undermine fair career progression, staff welfare and confidence in the civil service, and has called on the provincial government to act on its recommendations.

Two Commuter Train Passengers Caught in Viral Fistfight at Duri Station After Bumping Into Each Other

Two KRL Commuter Line passengers fought at Duri Station in West Jakarta after accidentally bumping into each other while changing platforms. KAI Commuter said station security and other passengers intervened, and staff escorted the pair separately to prevent further trouble.

Kemensos Cup 2026 Ends, Agus Jabo Urges Staff to Maintain Solidarity

Social Affairs Deputy Minister Agus Jabo Priyono urged ministry staff to preserve unity and sportsmanship after the Kemensos Cup 2026 mini-soccer tournament concluded. He also called on employees to honour the sacrifices of Indonesia’s heroes through public service, mutual cooperation and efforts to fulfil the nation’s founding ideals.