Archive: 12 March 2026
Showing 1,901-1,950 of 2,010 articles
Thu, 12 Mar 2026, 06:05 WIB
Eight Updates on US-Israel Versus Iran Conflict: Iran Escalates, Strait of Hormuz in Crisis
The US-Israel military campaign against Iran has intensified, with Iran launching attacks on civilian infrastructure and commercial shipping in the Persian Gulf region whilst suffering significant military and political losses, including the death of Supreme Leader Ali Khamenei. The conflict threatens severe global economic disruption as the Strait of Hormuz—through which approximately 20% of world oil supplies transit—has become increasingly impassable, with hundreds of vessels stranded and the International Energy Agency recommending emergency oil reserves be released to prevent catastrophic energy price spikes.
Thu, 12 Mar 2026, 06:02 WIB
Popular Automotive News: One-Way and Odd-Even Traffic Schedule, Denza B5 PHEV
Indonesia's Ministry of Transportation, Public Works, and National Police Traffic Corps have issued a joint decision implementing one-way traffic systems, contraflow lanes, and odd-even restrictions during the 2026 Lebaran holiday exodus. The article rounds up popular automotive news including coverage of the Denza B5 PHEV's market introduction, electric motorcycle developments, and safety concerns regarding in-car air mattresses during long-distance travel.
Thu, 12 Mar 2026, 06:00 WIB
Free English Tutoring Programme in Badung Relaunched, Targeting Thousands of Students
Badung District's Education, Youth and Sports Office has relaunched its free English tutoring programme for waves 4 and 5, targeting thousands of students from kindergarten to junior secondary school across all villages and sub-districts. The initiative, implemented in partnership with the Canggu Community School and English Hive, represents the local government's strategic effort to enhance human resources development and prepare young people for opportunities in Badung's global tourism sector.
Thu, 12 Mar 2026, 06:00 WIB
Travoy Rest Area Km 88A, the Final Stop Before Bandung, Offers Premium Facilities
Travoy Rest Area Km 88A, located on the toll road just before Bandung, has become a popular stopping point for travellers, handling between 7,000 and 8,000 vehicles daily, with visitor numbers surging during weekends and holiday seasons. The rest area offers premium facilities including multiple food and beverage outlets, four toilet locations, parking areas, prayer facilities, and a public electric vehicle charging station (SPKLU) to serve the growing number of electric vehicle users.
Thu, 12 Mar 2026, 05:58 WIB
Jakarta News Roundup: PAM Jaya Innovation and Traffic Security During Eid Holiday
Jakarta authorities have implemented several initiatives to address public concerns during the Eid 2026 holiday period, including deploying traffic personnel to secure tourist destinations. State water utility PAM Jaya is pioneering sustainability innovations, including using specialised gel technology to seal pipe leaks without excavation and developing environmental packaging solutions and air-water capture technology to reduce plastic waste.
Thu, 12 Mar 2026, 05:50 WIB
Mobile Driving Licence Services Open at Five Jakarta Locations
Jakarta's Metro Police Traffic Directorate has opened mobile Driving Licence (SIM) renewal services at five locations across the capital on Thursday, operating from 08:00 to 14:00 WIB. The service handles renewals for valid SIM A and SIM C licences, with renewal fees set at IDR 80,000 and IDR 75,000 respectively, whilst expired licences require applications at the dedicated office in West Jakarta.
Thu, 12 Mar 2026, 05:47 WIB
Police Traffic Head Unveils Strategy to Manage Mudik Flow at Ports, Implements Delay System
Indonesia's National Police traffic chief Irjen Agus Suryonugroho has announced a comprehensive strategy to manage congestion during the 2026 Eid mudik (homecoming) exodus, including a delay system that redirects vehicles to rest areas along the toll route to Merak port. The system, which operates under a colour-coded alert framework (green, yellow, red), aims to prevent bottlenecks caused by extreme weather that could disrupt ferry crossings to Sumatra. The initiative emphasises inter-agency collaboration and positions the 2026 Ketupat Operation as a broader government effort to ensure public safety during Indonesia's sacred Islamic month.
Thu, 12 Mar 2026, 05:47 WIB
Yesterday's Economy: Prabowo on Fuel Oil Production to Platform Workers Law
President Prabowo Subianto outlined Indonesia's alternative energy sources, including biofuel production from maize and sugarcane, whilst the government pushes forward with renewable energy targets and social protections for platform workers. Tax revenues reached 245.1 trillion rupiah through February 2026, whilst the Ministry of Labour prepared legislation to protect gig economy workers and the government targeted 100 gigawatts of solar capacity.
Thu, 12 Mar 2026, 05:42 WIB
Fake Husband Sprinkled Coffee Powder on Woman's Skeletal Remains to Mask Decomposition Odour in Depok
A man in Depok, West Java, has been arrested for the murder of his common-law wife DH, whom he killed in October 2025 following a quarrel over divorce demands. Investigators found that the suspect, Ahmad Ronny Hasiholan, deliberately sprinkled coffee powder at the scene to mask the odour of the decomposing body, which was discovered five months later reduced to skeletal remains. The suspect had also impersonated the victim by controlling her mobile phone for five months after the killing.
Thu, 12 Mar 2026, 05:42 WIB
G7 Considers Ship Escorts Amid Strait of Hormuz Blockade
The G7 nations are rapidly responding to escalating Middle East tensions by exploring emergency measures including naval ship escorts to secure maritime trade routes following reports of Iran effectively closing the Strait of Hormuz with sea mines and drone attacks. The bloc is particularly concerned about systemic economic impacts on global agricultural and food security supply chains, and plans to coordinate with Gulf nations whilst accelerating long-term energy independence initiatives.
Thu, 12 Mar 2026, 05:42 WIB
Container Logistics Remain Robust During Ramadan, IPC TPK Container Flow Rises 8.7 Per Cent
IPC Terminal Petikemas (IPC TPK) reported robust container traffic growth during early Ramadan, with cumulative throughput reaching 600,416 TEUs (twenty-foot equivalent units) by February 2026, a year-on-year increase of 8.7 per cent. February 2026 alone saw 300,525 TEUs of container traffic, a 10.6 per cent rise compared to the same month in 2025, driven by sustained logistics activity across multiple operational regions including Tanjung Priok, Pontianak, Panjang and Teluk Bayur terminals.
Thu, 12 Mar 2026, 05:41 WIB
Understanding Futures Trading: Definition and Islamic Law Perspective
This article examines futures trading as a financial instrument in Indonesia, exploring its mechanisms, regulatory oversight, and Islamic legal status. The Dewan Syariah Nasional (DSN-MUI) permits futures trading under sharia principles when conducted through certified Islamic exchanges and without interest or speculation elements, though conventional futures trading remains prohibited by most Islamic authorities due to riba and gambling (maysir) concerns.
Thu, 12 Mar 2026, 05:39 WIB
Garuda Indonesia Strengthens Service Through Sales Office at BUMN Building
Garuda Indonesia has inaugurated a Sales Office at the BUMN Building in central Jakarta to enhance customer access to ticket purchases, travel modifications, and other travel services. The new office marks a symbolic return to the building that served as Garuda Indonesia's headquarters from 1987 to 2007, and represents the airline's commitment to expanding its service network and collaborative efforts among state-owned enterprises.
Thu, 12 Mar 2026, 05:38 WIB
Saldopay Offers PayPal Balance Withdrawal to E-Wallet in Minutes
Saldopay, a digital balance exchange service, enables Indonesian PayPal users to convert their PayPal balance into Indonesian Rupiah and transfer it to popular e-wallets such as DANA, ShopeePay, GoPay, OVO, and LinkAja in approximately 5–20 minutes. The service addresses PayPal's lengthy withdrawal process (1–3 days) and minimum withdrawal limit of $10 by allowing users to withdraw amounts below $10 and access funds more quickly, catering to freelancers, remote workers, and overseas payment recipients in Indonesia.
Thu, 12 Mar 2026, 05:35 WIB
Three-Day Flooding Strikes Patrasana Village, Tangerang; 890 Homes Submerged
Patrasana Village in Tangerang's Kresek District experienced severe flooding from 8 to 11 March, with water levels reaching 30 centimetres to one metre, affecting 890 homes and approximately 3,000 residents across nine neighbourhoods. The Cidurian River overflowed following heavy rainfall, leaving residents without adequate emergency assistance despite urgent needs for food, medicine, and blankets.
Thu, 12 Mar 2026, 05:33 WIB
Spain Withdraws Ambassador from Israel Over Criticism of Middle East Conflict
Spain has officially withdrawn its ambassador from Israel in response to escalating diplomatic tensions, though it maintains its embassy in Tel Aviv under the leadership of a charge d'affaires. The move reflects Spain's strong condemnation of Israeli military operations in Gaza and recent conflicts involving Iran, with Prime Minister Pedro Sánchez positioning his government as among Europe's most vocal critics of Israeli military actions.
Thu, 12 Mar 2026, 05:28 WIB
Trump Blocks AI Company Anthropic; Microsoft Intervenes in Legal Battle
Microsoft has filed an amicus brief with a federal California court to support Anthropic's legal challenge against the Trump administration's decision to ban federal agencies from using the AI firm's technology. Microsoft, which has made substantial investments in Anthropic and plans to integrate Claude AI into its Microsoft 365 Copilot platform, argues that the Pentagon's sudden classification of Anthropic as a supply chain risk could have far-reaching negative consequences across the entire technology sector and disrupt ongoing government contracts.
Thu, 12 Mar 2026, 05:27 WIB
Government Urged to Pursue Diplomatic Channels with OIC to Ensure 2026 Hajj Security
A member of Indonesia's Parliamentary Commission VIII has called on the government to pursue diplomatic efforts through the Organisation of Islamic Cooperation (OIC) to safeguard the 2026 hajj pilgrimage amid escalating Middle East tensions. The Deputy Minister of Hajj and Umrah confirmed that preparations for the 2026 hajj remain on schedule, whilst also preparing contingency measures should conflict in the region intensify.
Thu, 12 Mar 2026, 05:23 WIB
Indonesia's Finance Ministry Optimistic Economy Will Grow Despite Hormuz Strait Disruption
Indonesia's Finance Ministry remains confident the economy will continue growing despite supply chain disruptions from the closure of the Hormuz Strait amidst US-Israel-Iran tensions. The government plans to accelerate and distribute public spending evenly throughout 2026 and has implemented various economic stimulus measures including transport discounts and cash transfers ahead of Ramadan and Eid Al-Fitr to support consumer spending and maintain the annual growth target of 5.4 percent.
Thu, 12 Mar 2026, 05:22 WIB
Muhammadiyah Establishes Cryptocurrency Investment as Permissible; Industry Players Respond
Muhammadiyah's Board of Islamic Jurisprudence issued a landmark March 2026 fatwa permitting cryptocurrency as a valid investment instrument under Islamic principles, whilst reaffirming that crypto cannot serve as legal tender in Indonesia due to price volatility. Industry stakeholders, including Indodax, welcomed the clarification as significant for Muslim investors and Indonesia's maturing digital asset ecosystem, which now encompasses approximately 20.70 million users.
Thu, 12 Mar 2026, 05:21 WIB
Korlantas Polri Relies on Digital Technology to Manage Lebaran Holiday Traffic Flow in 2026
The Indonesian Traffic Police Corps (Korlantas Polri) will deploy digital technology to manage traffic during the 2026 Lebaran exodus and return, using real-time vehicle monitoring and traffic counting data to inform traffic management decisions rather than relying on estimates. The agency has expanded its one-way traffic scheme from kilometres 70-188 to 70-236 on toll roads based on lessons learned from 2025, and will implement progressive measures including contraflow lanes and one-way sections triggered by specific vehicle density thresholds. This data-driven approach aims to accelerate vehicle distribution and reduce congestion during the peak holiday travel period.
Thu, 12 Mar 2026, 05:20 WIB
KPK Signals Summons of Former Religious Affairs Minister Yaqut Today, Immediate Detention?
The Corruption Eradication Commission (KPK) has signalled it will summon former Religious Affairs Minister Yaqut Cholil Qoumas on Thursday, 12 March 2026, in connection with a corruption investigation involving hajj quota allocation, with authorities suggesting an announcement is pending by week's end. KPK officials indicated that whilst summons were issued the previous week, any detention decision would depend on whether various formal, material, and procedural requirements are satisfied. The investigation concerns alleged corruption in hajj quota determination and management at the Religious Affairs Ministry in 2023-2024, with preliminary state losses estimated at over Rp622 billion, and comes after a Jakarta South District Court rejected Yaqut's pre-trial motion on 11 March.
Thu, 12 Mar 2026, 05:19 WIB
Eleven Provisions Regulated in Domestic Workers Protection Bill, From Recruitment to Social Security
The Indonesian Parliament's Legislative Body has agreed to bring the Domestic Workers Protection Bill to plenary session on 12 March 2026 for designation as a parliamentary initiative. The draft legislation will establish comprehensive protections for domestic workers, including provisions for health and employment social security, vocational training, and regulations governing recruitment both directly and through placement agencies.
Thu, 12 Mar 2026, 05:16 WIB
Jakarta Enters Top 71 Global Cities, Now Targets Top 50 by 2030
Jakarta has improved its ranking in the AT Kearney Global Cities Index 2025 from 74th to 71st within the first seven months of Governor Pramono Anung and Vice Governor Rano Karno's leadership. The Jakarta provincial government has now set an ambitious target to place the capital among the top 50 global cities by 2030 through strategic policies focused on public welfare, economic growth, environmental quality, and governance strengthening.
Thu, 12 Mar 2026, 05:10 WIB
Preparations for 2026 Hajj Pilgrimage Proceeding as Planned Despite Middle East Conflict Concerns
The Indonesian government has confirmed that preparations for the 2026 hajj pilgrimage remain on schedule despite escalating conflict in the Middle East. Minister of Hajj and Umrah Mochamad Irfan Yusuf stated that there are currently no changes to the departure timeline for prospective pilgrims, with Saudi Arabian authorities confirming that conditions in Mecca, Medina and Jeddah remain safe and conducive. However, the Foreign Ministry assessment indicates the Middle East security situation remains dynamic and requires continued monitoring, though no imminent resolution to the conflict is anticipated.
Thu, 12 Mar 2026, 05:10 WIB
Safeguarding Hope for the Future of Private Higher Education Institutions in Indonesia
The Ministry of Higher Education, Science and Technology's plan to limit undergraduate enrolment at state universities, particularly those with autonomous legal status, offers significant relief to Indonesia's private higher education sector, which educates over 4.8 million students and operates 95.5% of all higher education institutions. Private institutions face severe challenges, including a 20-30% decline in student recruitment and heavy dependence on tuition fees for operational funding, requiring balanced government policy and enhanced financial support to ensure their sustainability. The government must implement equitable policies, including operational funding assistance for private institutions similar to that provided to state universities, whilst private institutions must strengthen quality and competitiveness through accreditation, research collaboration with industry, and digital transformation.
Thu, 12 Mar 2026, 05:10 WIB
Ramadan Sales Strategy Boosts Revenue: Five Brands Show Rapid Growth on Tokopedia and TikTok Shop
Multiple e-commerce sellers on Tokopedia and TikTok Shop have reported significant sales growth during Ramadan 2026 by leveraging digital features, promotional campaigns, and content creator collaborations. Five prominent brands—Bittersweet by Najla, Kurma Alif, Royal Canin Indonesia, LEGO ID, and PS Enterprise—achieved growth rates ranging from 42% to 356% through strategies including live streaming, affiliate marketing, product bundling, and seasonal product focus. The success demonstrates how strategic use of digital tools and seasonal momentum can drive sustainable business growth on e-commerce platforms.
Thu, 12 Mar 2026, 05:10 WIB
Transjabodetabek Blok M–Soetta Route Begins Operations Today, Fares from Rp 3,500 Until Eid
Jakarta's Transjabodetabek bus service from Blok M to Soekarno-Hatta International Airport officially commenced operations on 12 March 2026, with Governor Pramono Anung indicating fares of approximately Rp 3,500 per passenger, making it significantly cheaper than alternative transport options. The new route utilises low-entry orange buses designed for easier luggage handling, with service stopping at designated roadside terminals rather than integrated stations.
Thu, 12 Mar 2026, 05:07 WIB
Friderica Widyasari Appointed as OJK Chief: Analysts Signal Positive Outlook for Indonesian Financial Market Stability
Friderica Widyasari Dewi has been officially appointed as Chairman of the Financial Services Authority (OJK) Board of Commissioners for 2026-2031, along with four other new leadership positions, following legislative fitness and propriety testing of ten candidates. Market analysts view the appointments, particularly those of Widyasari and Hasan Fawzi as Head of Capital Market Supervision, as a positive signal for financial system stability and continuity of regulatory policy, given their extensive experience in the financial industry and capital markets oversight.
Thu, 12 Mar 2026, 05:05 WIB
Compatibility Indicators for Kidney Transplants
On the occasion of World Kidney Day 2026, Indonesia faces alarming health statistics as chronic kidney disease has risen to the second-highest cost burden on BPJS health insurance in 2025, with cases surging nearly nine-fold to 12.68 million and costs reaching Rp13 trillion. Kidney transplantation offers a superior alternative to long-term haemodialysis, with grafts from living donors lasting 15-20 years and those from deceased donors lasting 8-12 years, significantly improving patients' quality of life and longevity. Pre-transplant compatibility testing, including blood type determination, tissue typing, and cross-matching, is essential to ensure successful transplantation outcomes and prevent organ rejection.
Thu, 12 Mar 2026, 05:05 WIB
Suspected parties in Jokowi diploma case pursue restorative justice one by one
Multiple parties involved in the alleged forgery case against President Joko Widodo's diploma credentials are pursing restorative justice proceedings separately. Digital forensics researcher Rismon Sianipar announced new findings regarding the diploma controversy and submitted a restorative justice petition to investigators, following similar actions by earlier suspects Eggi Sudjana and Damai Hari Lubis, with Jokowi's legal representatives also filing for the alternative dispute resolution mechanism.
Thu, 12 Mar 2026, 05:02 WIB
Police Expose 'Deadly Recipe' of Formaldehyde-Laced Noodle Factory in Boyolali
Central Java Police have uncovered illegal production of formaldehyde-laced noodles at a factory in Boyolali operated by a suspect identified as WH. The suspect had been mixing one litre of formaldehyde with 100 kg batches of noodles since 2019, producing 1-1.5 tonnes daily and distributing the contaminated product across multiple districts in Central Java at IDR 12,000 per kilogramme.
Thu, 12 Mar 2026, 05:00 WIB
PDIP Faction at Jakarta Regional House of Representatives Urges Acceleration of Pramono-Rano Development Programmes in Jakarta
The PDIP faction at the Jakarta Regional House of Representatives has called for faster implementation of Governor Pramono Anung and Vice Governor Rano Karno's development programmes so that residents can benefit more quickly. Faction leader Pantas Nainggolan emphasised the importance of synergy between the executive and legislative branches, whilst warning against abandoning ongoing programmes during leadership transitions.
Thu, 12 Mar 2026, 05:00 WIB
30 Percent Toll Tariff Discount Across 9 Expressway Sections
PT Jasa Marga (Persero) Tbk will impose a 30 percent toll tariff discount across nine expressway sections during the Eid 2026 mudik and balik periods, operating for four days spanning 15–16 March and 26–27 March 2026. The discount applies to continuous journeys and requires users to utilise the same electronic payment card for both entry and exit transactions, with sufficient balance ensured. The initiative aims to manage traffic flow distribution more evenly and encourage earlier travel to reduce congestion during the festive period.
Thu, 12 Mar 2026, 05:00 WIB
NATO States Condemn US-Israel Attack on Iran as Illegal and Unclear
France has denounced the US and Israeli military operations against Iran as violations of international law lacking clear strategic objectives, with Foreign Minister Jean-Noël Barrot declaring that France will not participate in the conflict and calling for de-escalation. The statement comes after the "Operation Epic Fury" strikes on 28 February that reportedly killed over 1,200 people, prompting Iranian retaliatory drone and missile attacks across the region.
Thu, 12 Mar 2026, 04:50 WIB
One Year On, President Prabowo Targets Danantara Asset Returns of Rp800 Trillion Annually
President Prabowo Subianto marked the first anniversary of Indonesia's Danantara investment management body by acknowledging that whilst asset returns have risen 300 percent year-on-year, performance remains far short of targets. The President has set a minimum annual return target of 5 percent, equivalent to USD 50 billion or approximately Rp800 trillion, and plans to strengthen oversight by deploying presidential envoys to each state-owned enterprise to prevent mismanagement.
Thu, 12 Mar 2026, 04:49 WIB
UN Warns of Humanitarian Crisis in Iran: Citizens Caught Between War and Brutal Repression
The UN's International Independent Fact-Finding Mission has warned that ongoing conflicts in the Middle East are exacerbating institutional repression against Iranian civilians, placing them in a precarious position between armed hostilities and systematic state oppression. The investigation documented severe human rights violations by Iranian authorities and alleged war crimes by Israel, including the targeting of civilians during the 12-day June 2025 conflict and attacks on Evin prison complex. The UN mission urges all parties to cease military operations immediately to prevent further civilian casualties throughout the region.
Thu, 12 Mar 2026, 04:46 WIB
Gulf States Pass UN Security Council Resolution Condemning Iran, Silent on US-Israel Aggression
The UN Security Council has adopted a resolution sponsored by Bahrain and Gulf Cooperation Council states condemning Iran's attacks on GCC members and Jordan, passing with 13 votes in favour whilst Russia and China abstained. Iran's representative rejected the resolution as unjust, claiming it distorts facts and ignores the root causes of the crisis, pointing to alleged US and Israeli aggression that has caused over 1,348 civilian deaths and extensive infrastructure damage.
Thu, 12 Mar 2026, 04:42 WIB
Minister of Hajj Confirms 2026 Pilgrimage Proceeding as Planned Despite Middle East Tensions
Indonesia's Minister of Hajj and Umrah, Mochamad Irfan Yusuf, has assured that the 2026 hajj pilgrimage remains on schedule despite escalating tensions in the Middle East. The ministry is prioritising the safety and security of prospective pilgrims and continues to monitor the regional situation before the departure of pilgrims, with final decisions to be made in consultation with the Ministry of Foreign Affairs and other stakeholders.
Thu, 12 Mar 2026, 04:39 WIB
When Measles Threatens Young Children
A measles outbreak has resurged across Indonesia's Nusa Tenggara Barat region, with 216 suspected cases in Dompu Regency and an official outbreak declaration in Bima Regency following 306 cases and one death. Meanwhile, Mataram City has maintained zero cases through aggressive immunisation strategies, highlighting the critical role of complete immunisation programmes and accessible healthcare services in preventing disease resurgence.
Thu, 12 Mar 2026, 04:31 WIB
New Evidence: US Used Outdated Intelligence Data, Attacked School Killing 168 Students in Iran
An ongoing US military investigation has found that America was responsible for an accidental strike on a primary school in Iran on 28 February that killed 168 children and 14 teachers. The attack, intended for a nearby Islamic Revolutionary Guard Corps facility, occurred because US Central Command relied on outdated intelligence from 2013 showing the school and military base as a single complex, though satellite imagery from 2016 revealed they had been separated by a fence and independent entrance.
Thu, 12 Mar 2026, 04:31 WIB
Strengthening Synergy Between Entrepreneurs and National Police through Community Service at Penjaringan Metro Police Station
HIPMI Jakarta Utara, a business organisation, collaborated with the National Police to distribute humanitarian assistance in North Jakarta during Ramadan, reaching 1,150 beneficiaries through 450 packages of provisions and school supplies. The initiative, conducted at Penjaringan Metro Police Station, demonstrates a successful cross-sector partnership aimed at strengthening mutual aid values and improving community welfare in the region.
Thu, 12 Mar 2026, 04:30 WIB
Mobile Driving Licence Service Available at Two Locations in Bali on Thursday, 12 March 2026
Bali's mobile Driving Licence (SIM) service will operate in Tabanan and Buleleng on 12 March 2026, offering convenient SIM A and SIM C renewals without visiting the main SATPAS office. The service is limited to active licences and charges Rp 80,000 for SIM A and Rp 75,000 for SIM C, with expired licences requiring new applications at the main office.
Thu, 12 Mar 2026, 04:28 WIB
HIPPI South Jakarta Chair: Collaboration with Arm Must Be Indonesia's Gateway to Global Semiconductor Industry Map
The chairman of HIPPI South Jakarta views Indonesia's planned collaboration with Arm Ltd, a leading British chip design company, as a strategic opportunity for Indonesia to strengthen national technological capacity through knowledge transfer and semiconductor talent development. The partnership could position Indonesia as a regional hub for semiconductor talent development and chip design in Southeast Asia, bypassing the need for expensive wafer fabrication plants by focusing on higher-value design and engineering capabilities. Key strategic steps include establishing a national chip design centre, engineer training programmes, and strengthening semiconductor-based technology startup ecosystems.
Thu, 12 Mar 2026, 04:27 WIB
Prabowo to Danantara: Safeguard State Wealth, the Nation's Hopes Rest on Your Shoulders
President Prabowo Subianto has issued stern instructions to Danantara, Indonesia's sovereign wealth fund managing US$1 trillion in assets, emphasising the critical importance of maintaining integrity and sound governance in managing state wealth for future generations. Prabowo has implemented a rigorous oversight system involving multiple government agencies including the BPK, BPKP, Attorney General's Office, National Police, and the TNI Commander to prevent mismanagement and leakage. Since its launch on 24 February 2025, Danantara has served as the catalyst for transforming Indonesia's state-owned enterprises by unifying their investment strategies and optimising natural resources for national economic benefit.
Thu, 12 Mar 2026, 04:25 WIB
Three Cargo Ships Attacked in Strait of Hormuz; Iran Threatens Global Oil Prices Surge to US$200
Three cargo vessels were struck by unknown projectiles in the Strait of Hormuz on Wednesday, with Iran accepting responsibility and threatening to block all oil shipments to the United States, Israel, and allies, potentially driving crude prices to US$200 per barrel. The attacks have severely disrupted traffic through the vital shipping corridor and triggered international energy market volatility, prompting the International Energy Agency to announce the largest emergency oil reserve release in history—400 million barrels. The escalation reflects intensifying military tensions following open conflict between Israel, the US, and Iran since late February.
Thu, 12 Mar 2026, 04:24 WIB
Wall Street Shadowed by US-Iran War, Dow Jones Falls Nearly 300 Points
Wall Street indices closed lower on 11 March 2026 amid investor concerns over escalating US-Iran military tensions, with the Dow Jones falling 289.24 points (0.61 per cent) as crude oil prices surged over 4 per cent on supply disruption concerns. The International Energy Agency announced the release of 400 million barrels from its strategic reserve, the largest such release ever, but analysts suggest this measure is insufficient to alleviate market anxieties about prolonged conflict and disruptions to global energy supply chains.
Thu, 12 Mar 2026, 04:16 WIB
Majority of Securities Revise Upward ITMG Share Price Targets Despite Coal Budget Risks
Most monitored securities have raised share price targets for PT Indo Tambangraya Megah Tbk. (ITMG) in March 2026, with 11 out of 15 securities increasing their targets. This occurs despite the mining company facing potential risks from budget cuts to its 2026 coal work and budget plan (RKAB).
Thu, 12 Mar 2026, 04:15 WIB
World Kidney Day 2026 Commemoration: Promoting Environment-Friendly Kidney Health Services
Health experts and stakeholders gathered in Jakarta to commemorate World Kidney Day 2026, highlighting the theme "Caring for People, Protecting the Planet" and emphasising the need to align medical treatment with environmental sustainability. The commemoration underscored the high economic burden of chronic kidney disease on Indonesia's national health insurance system, advocating for a paradigm shift from costly curative approaches to preventive strategies and environmentally-conscious medical practices such as green dialysis technology.
Thu, 12 Mar 2026, 04:10 WIB
Prabowo Accelerates Energy Transition, Targets 100 Gigawatts of Solar Power and Optimises Geothermal Resources
President Prabowo Subianto has committed the Indonesian government to accelerating the national energy sector's transformation through renewable energy development, particularly solar and geothermal power. The President announced a directive to build 100 gigawatts of solar capacity in the shortest timeframe possible, emphasising that Indonesia possesses abundant natural resources—including palm oil, cassava, maize, and sugarcane for biofuel production, plus vast untapped geothermal reserves—to achieve energy independence and become a significant global energy player.