Indonesian Political, Business & Finance News

Archive: 5 November 2026

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Jokowi Responds When Asked Whether Prabowo Wiretapping Case Points to Treason

Former president Joko Widodo urged all parties to follow due process when asked whether alleged illegal wiretapping of President Prabowo Subianto pointed to treason. Police have named former national police chief Listyo Sigit Prabowo and two other senior officers as suspects; Prabowo dismissed Sigit from his post as Presidential Chief of Staff on 4 November.

Researchers Test Flu and Cough Remedy Made from Mummy Remains: Here Are the Findings

A study of museum specimens found that historical mumia vera aegyptiaca preparations varied widely in composition, with many containing conifer resin. Samples appeared to protect against influenza virus damage, but the active ingredient remains unclear; the research also found no evidence for a medieval claim linking aloe to mummy-based medicines.

Food Inflation Hits 5.81%, Hitting Poor Households Hardest

Volatile food inflation reached 5.81% in October 2026, threatening to further erode the purchasing power of low-income households, which spend a larger share of their earnings on food. Indef researcher Afqah Hudaya said supply and distribution measures—including greater distribution of subsidised stabilisation rice and targeted food assistance—are needed as production risks and seasonal demand could intensify pressure.

Indonesia’s DPR targets November passage of asset forfeiture bill

The House of Representatives’ Commission III plans to discuss the government-submitted asset forfeiture bill and aims to pass it in November 2026, earlier than its previous 15 December target. The government supports comprehensive deliberations, saying the proposed measure addresses organised economic crimes—including corruption, money laundering, narcotics trafficking and tax offences—that threaten national development and public finances.

BKPM pushes nickel downstreaming to produce batteries for solar power plants

BKPM is promoting the use of processed nickel to make battery energy storage systems (BESS), which can help address the intermittent output of solar power plants. The agency says 70 per cent of solar-panel components are already produced domestically, while downstreaming investment reached Rp480 trillion in January–September 2026.

Tanjungpinang City Government Prepares Inspections at 23 Nutrition Service Units

Tanjungpinang is preparing inspections and compliance assessments at all 23 local Nutrition Service Units (SPPG) to strengthen oversight of the Free Nutritious Meals programme. The checks will assess 14 operational standards, while student feedback on food quality and suitability will help guide improvements to the service.

Rp2 Trillion Budget Set Aside to Build Railway in Bali, with a Two-Year Construction Period

The government is preparing more than Rp2 trillion for a railway or tram project in Bali, planned in two phases from Ngurah Rai International Airport to Legian and then to Canggu, with construction expected to take about two years. KAI President Director Bobby Rasyidin also discussed a separate Rp2 trillion revitalisation of Gambir Station integrated with the Monas area, targeted for completion in 2028.

KAI says it will not import second-hand commuter trains from Japan

KAI chief executive Bobby Rasyidin says the government will not proceed with plans to import used electric multiple-unit trains from Japan, insisting that new trains should be supplied for the public. The priority is to secure eight urgently needed trainsets, with procurement of all 23 new sets to be accelerated over the next two to three years, while giving preference to domestic manufacturer INKA and potentially working with foreign firms.

Pramono Sets 2027 Budget for Multi-Storey State School in Tanah Abang

Jakarta Governor Pramono Anung says funding will be earmarked in the 2027 budget to combine two state primary schools and a state junior secondary school in Tanah Abang into a five- or six-storey complex. Construction is expected to finish in 2028 or, at the latest, 2029, while the Jakarta administration is also finalising plans with the city council to expand its free private-school programme.

Prabowo and KAI Discuss Fast-Tracking Gambir Revitalisation Integrated with Monas and MRT

KAI chief executive Bobby Rasyidin said plans to revitalise Gambir Station would integrate it with the National Monument (Monas), its park and Jakarta’s MRT network. The project is expected to take about two years across two phases, with transport links connecting the station in the east to the MRT corridor in the west.

Jokowi Questions Plan to Re-examine His Degree in Court

Former president Joko Widodo questioned why his educational certificates should be tested again during a defamation trial linked to allegations that his degree was forged, saying the police forensic laboratory had already examined them. He presented original certificates from primary school through university to the East Jakarta District Court, where he also recounted his education history.

Business survey for Q3 2026: business activity maintained

Bank Indonesia’s latest survey found that business activity remained positive in the third quarter of 2026, with a weighted net balance of 11.46% and production capacity utilisation at 73.75%. Respondents expect growth to continue in the fourth quarter, supported partly by seasonal activity during the Christmas and New Year period, while corporate liquidity, profitability and access to credit remained favourable.

Former Bima City Police Narcotics Chief Sentenced to Life Imprisonment

Prosecutors have sought a life sentence and a Rp1 billion fine for former Bima City Police narcotics chief AKP Malaungi, finding him guilty of backing a methamphetamine-trafficking network. They said he abused his position as a law enforcement officer and warned that the alleged conduct posed a serious risk to public health, particularly among young people.

Chinese Nationals Steal Australian Passenger’s Money on Jakarta–Bali Flight

Police have arrested two Chinese nationals accused of stealing US$800 (about Rp14.4 million) from an Australian passenger aboard a Batik Air flight from Jakarta to Denpasar. Investigators are examining whether the victim was deliberately targeted or whether the suspects seized an opportunity during the flight.

Former State-Owned Bank Employee in Sleman Accused of Embezzling Rp6.7bn, Spending Money on Online Gambling

A former employee of a state-owned bank’s Sleman branch has been named a suspect in an alleged Rp6.74 billion corruption case involving the misuse of an overdraft facility. Prosecutors say he forged customer signatures and company stamps to withdraw funds, which he allegedly spent on daily needs and online gambling; he has been detained while investigators examine whether others were involved.

Government and House Agree to Rename Asset Forfeiture Bill; Here Is Why

The government and the House of Representatives’ Commission III have agreed to rename the proposed asset forfeiture law as the Bill on Asset Forfeiture Related to Corruption and Other Criminal Offences. Officials said the revised title clarifies the bill’s scope, while corruption remains its principal focus; the specific additional offences, including fraudulent investment schemes and umrah travel scams, will be addressed in the bill’s articles.

Gus Ipul Ready to Sanction Sekolah Rakyat Staff Who Commit the ‘Three Education Sins’

Social Affairs Minister Saifullah Yusuf says staff at Sekolah Rakyat will be dismissed without warning if they engage in bullying, physical or sexual violence, or intolerance and radicalism. He also called on staff to support digital registration and data updates for social assistance recipients as part of efforts to reach vulnerable communities.

Fifth Seraya Culture Fest Opens, Drawing Hundreds of Residents and Foreign Tourists to Gebug Ende

The fifth Seraya Culture Fest opened in Karangasem, with hundreds of residents and foreign tourists watching the traditional Gebug Ende performance. Local customary leaders say the festival helps preserve the ancestral tradition, which carries spiritual significance and is traditionally performed to ask for rain.

Pramono Plans Tanah Abang Revamp to Tackle Thuggery and Illegal Medicine Sales

Jakarta Governor Pramono Anung has announced a phased overhaul of the Tanah Abang area, targeting illegal parking, thuggery and the sale of illicit medicines. He says the plan must preserve traders’ livelihoods, with facilities prepared and affected parties engaged before enforcement measures are introduced.

Hutama Karya Wins Award for Digital Construction Innovation

Hutama Karya has received Bentley Systems’ Founders’ Honors in the Constructioneering category for a digital construction logistics system used at the Nusantara Parliament Complex. By integrating digital-twin mapping, artificial intelligence and 4D simulation, the system reportedly cut site-condition validation time by 83% and heavy-equipment travel distances by 38.5%, supporting more efficient and lower-emission infrastructure work.

UGM Comments on Jokowi Showing His Undergraduate Degree at Court

Former president Joko Widodo brought and displayed original certificates from primary school through university during a defamation case hearing, renewing public debate over the authenticity of his degree. Gadjah Mada University said it respects the ongoing legal process and has provided the necessary evidence, but has no further information to add at present.

KSPSI Fully Backs Police Probe into Alleged Illegal Wiretapping of President

The Indonesian Trade Union Confederation (KSPSI) says it has dismissed General Listyo Sigit Prabowo from its advisory board and fully supports the police investigation into alleged illegal wiretapping and electronic data deletion. KSPSI President Andi Gani Nena Wea said the union movement was not involved and that its past relationship with Sigit concerned workers’ rights and welfare.

Financing for New Nickel Smelter Investments Becomes Increasingly Limited

Bank Mandiri’s Dendi Ramdani says financing for new nickel smelters is becoming scarce because Indonesia’s existing processing capacity is operating at full capacity. Bank lending is therefore expected to focus on working capital and refinancing projects already in operation, particularly those with established cash flows.

Jokowi Testifies in Court as UGM Explains Rules on Glasses in Graduation Photos

Former president Joko Widodo told a court that he had a moustache and wore glasses when he graduated from Gadjah Mada University in 1985, affirming that the photograph on his degree was of him. UGM has said its rules at the time prohibited photographs with sunglasses, not ordinary glasses, and that its archives contain other degree photographs showing people wearing glasses.

Bomb Threat Forces Dublin–Rome Flight to Make Emergency Landing in France

An Aer Lingus flight from Dublin to Rome diverted to a French air base after a bomb-threat alert, while Finnair reported a separate threat against a flight to the Italian capital. The incidents follow a series of bomb threats targeting European flights in recent days, though searches of the aircraft involved in the earlier incidents found no explosives.

Indonesian Plastic Manufacturers Struggle as Industry Chief Urges Minister to Intervene

Indonesian plastic producers say a surge in low-priced imports, including goods allegedly sold at dumping prices, has pushed domestic factory utilisation down to 60–70%. Inaplas has asked the Industry Minister to consider trade remedies such as safeguards and anti-dumping measures, saying curbing imports could allow local production to rise to 80–90% and meet domestic demand.

Egg Prices Under Pressure for Farmers; ID FOOD and Bulog Set Aside Rp30 Billion for Purchases

ID FOOD and Bulog have each allocated Rp15 billion to buy eggs from poultry farmers, particularly micro and small-scale producers facing falling prices. The programme has purchased 153.6 tonnes so far, with a minimum buying price of Rp24,000 per kilogram and priority given to production centres across Java, Lampung and South Sulawesi.

Saudi Arabia’s KSrelief and BAZNAS Deliver Aid to Flores Earthquake Survivors

Saudi Arabia’s King Salman Humanitarian Aid and Relief Centre (KSrelief) and Indonesia’s BAZNAS have launched the first phase of relief for people affected by an earthquake on Flores. The distribution includes 15,000 food parcels and 15,000 personal hygiene kits, intended to reach more than 75,000 people, with further assistance to be guided by needs assessments.

Iwan Bule Backs Suyudi in Full Probe into Alleged Tapping of President Prabowo: ‘No Special Treatment’

Former senior police officer Iwan Bule has urged National Police chief Suyudi Ario Seto to investigate allegations of illegal tapping involving President Prabowo Subianto professionally and without favouritism. The case reportedly names former police chief Listyo Sigit Prabowo and two other senior officers as suspects, and is being portrayed as a test of police reform and public trust.

Ministry and KPAI team up to strengthen child protection at Sekolah Rakyat

The Social Affairs Ministry and the Indonesian Child Protection Commission (KPAI) agreed to establish joint oversight and an integrated complaints mechanism for Sekolah Rakyat, a boarding-school programme for children from poor households. KPAI also urged stronger institutional integration into the national education system and safeguards for pupils, following reports of alleged violence at a school in East Java.

BPOM prepares conditional approval to accelerate use of TB vaccine

Indonesia’s food and drug agency, BPOM, is exploring conditional approval to speed up access to the M72 tuberculosis vaccine, alongside a joint assessment with the European Medicines Agency. The vaccine has completed Phase II trials with preliminary efficacy of about 54–57 per cent, while BPOM is developing regulations for conditional approvals amid Indonesia’s significant TB burden.

Deputy Home Affairs Minister Urges South Sulawesi Leaders to Strengthen Budget Governance

Deputy Home Affairs Minister Akhmad Wiyagus urged all regional leaders in South Sulawesi to turn signed integrity pledges into action and ensure public funds benefit residents. He outlined six measures covering risk mapping, stronger financial controls, oversight, complaint follow-up and regular monitoring, while stressing that corruption prevention should take priority over enforcement.

Health Ministry to Build Two Type C Hospitals in Papua Highlands Next Year

Indonesia’s Health Ministry plans to build Type C hospitals in Mamberamo Tengah and Lanny Jaya regencies in 2027, as part of efforts to improve healthcare access in Papua Highlands. The province currently has only one Type C hospital, while plans for a provincial hospital are awaiting central government approval.

M4CR Provides Rp534 Million to Coastal Businesses, Supporting the Economy and Food Security

The Forestry Ministry’s Mangroves for Coastal Resilience (M4CR) programme has awarded matching grants totalling about Rp534 million to five community groups in North Kalimantan. The grants support local businesses ranging from fish processing and livestock to mud-crab cultivation, linking livelihood development and women’s participation with sustainable mangrove rehabilitation.

BKPM: ESG implementation affects project financing access

Indonesia’s Investment and Downstreaming Ministry/BKPM says companies’ compliance with environmental, social and governance (ESG) standards is increasingly influencing whether projects can secure financing. Officials urged downstreaming project managers to strengthen governance, as investors and financiers increasingly assess production processes, environmental impacts and the rights of communities near project sites.

BPS: Free health checks boost life expectancy in Indonesia

Indonesia’s life expectancy at birth is projected to rise to 74.68 years in 2026, from 74.47 years in 2025, with Statistics Indonesia (BPS) citing free health checks and broader improvements in healthcare access. The increase also contributed to the country’s Human Development Index reaching 76.59, as education and living standards improved.

Jokowi Comments on Listyo Sigit and Others Accused of Tapping Prabowo

Former president Joko Widodo has urged respect for the legal process after former National Police chief Listyo Sigit Prabowo and two other generals were named suspects in an alleged illegal wiretapping case involving President Prabowo Subianto. Sigit, once Jokowi’s aide, was dismissed from his post as Presidential Chief of Staff after the announcement.

Indonesia eyes tin chemicals to replicate nickel downstreaming success

Indonesia is seeking to move beyond basic tin products and develop tin chemicals for bottle manufacturing and other industries, drawing on the model of nickel downstreaming and its domestic EV battery ecosystem. The push comes as PT Timah’s production rose sharply in the first half of 2026 and downstream investment reached Rp480 trillion through September, with most of the total investment realised outside Java.

Jokowi Opens Up About His GPA and Graduation Dates at Roy Suryo Trial

Former president Joko Widodo testified in the defamation trial involving Roy Suryo, answering questions about his academic record at Gadjah Mada University (UGM). He recalled his GPA as 3.05 and distinguished the date of his thesis examination from the dates his degree certificate was signed and his graduation ceremony held.

Exploring the Innovation by UNM’s Disability Team, Which Reached PIMNAS

Universitas Nusa Mandiri (UNM) held an online discussion showcasing DISABI Smart Accessibility, an inclusive transport system for people with disabilities that qualified for the 39th National Student Scientific Week (PIMNAS). UNM said it aims to develop student innovations that address real social needs and can ultimately be implemented in industry.

M4CR Delivers Tangible Benefits for North Kalimantan’s Coastal Communities

The government’s Mangroves for Coastal Resilience (M4CR) programme in North Kalimantan combines mangrove rehabilitation with community participation and support for local livelihoods. Alongside planting efforts, grants and equipment are helping groups develop silvofishery, bamboo craft and virgin coconut oil businesses.

BKPM Urges Further Downstreaming of Tin into Tin Chemicals

Indonesia’s Investment Ministry and BKPM are pushing for tin processing to move beyond solder and produce tin chemicals for bottle manufacturing and other industries. The initiative aims to build on the country’s substantial tin reserves and support a broader domestic electronics ecosystem, while tin output and downstream investment continue to grow.

Indonesia adds 410,000 formal workers in one year

Indonesia’s formal workforce grew by about 410,000 to 62.25 million between August 2025 and August 2026, while the informal share also edged up to 57.93 per cent. BPS data show agriculture remains the largest employer, and workers with elementary education or less still make up the biggest educational group, despite a year-on-year decline in their share.

Working Group Agrees to Rename Asset Forfeiture Bill

The House of Representatives’ working group and the government have agreed to rename the Asset Forfeiture Bill as the Bill on Asset Forfeiture Related to Corruption and Other Criminal Offences. The government said the revised title would make the bill’s focus on corruption clearer, while details of which other offences would be covered are to be set out in the legislation.

Pertamina develops underwater tourism in Kupang Bay

Pertamina Patra Niaga is restoring coral reefs in Kupang Bay using modular concrete structures, while involving a local coastal community in conservation and tourism development. The initiative aims to establish an educational marine tourism destination and create new local income opportunities through activities such as guiding, equipment hire and conservation education.

Hajj Ministry Opens Registration for 2027 Regional Hajj Officer Selection

The Ministry of Hajj and Umrah is accepting applications from 5 to 10 November 2026 for regional officers serving the 1448 AH/2027 Hajj pilgrimage. The selection covers general and health services, with a computer-based test scheduled for 14 November and results due on 16 November; local governments are expected to fund training and pilgrimage costs for their officers.

Jakarta Motorcycle Thief Shot by Police After Resisting Arrest

Police in North Jakarta arrested a 20-year-old man suspected of stealing an RX King motorcycle in Pejagalan, saying he tried to flee and attack officers during the arrest. Investigators say he sold the stolen bike for Rp8 million through a Facebook cash-on-delivery transaction and used the proceeds to buy another motorbike, pay rent and purchase synthetic cannabis.

Bio Farma Opens Door to Partnership on Formulating M72 TB Vaccine Candidate

Bio Farma is seeking partners to formulate the M72/AS01E tuberculosis vaccine candidate in Indonesia, while commercial production would depend on clinical trial results and regulatory approval. The state-owned pharmaceutical company is also working with Becton Dickinson on TB diagnostic supplies and sees potential for molecular testing at primary-care centres.

Navigating the Moral Compass of Generations Z and Alpha

The article argues that Islamic Religious Education (PAI) must evolve beyond rote learning and ritual formalism to help young people navigate digital disruption, identity formation and social pressures. It advocates an adaptive, inclusive and dialogic approach that draws on sociology, developmental psychology, modern pedagogy and the humanities, with success measured by values reflected in everyday conduct.

Papua Highlands seeks border post with PNG by 2027

Papua Highlands officials are urging the central government to build a border post in Bintang Mountains District by 2027, saying it could spur improvements in education, health care and economic activity. Three sites have been identified, with a 15-hectare plot in Diki Hamlet prioritised; preparations are under way, but construction depends on a presidential decree.