Indonesian Political, Business & Finance News

Archive: 13 March 2026

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Lippo's Explanation on 140,000 Low-Cost Housing Units in Meikarta

PT Lippo Cikarang has clarified that undeveloped land within the Meikarta complex in Cikarang is being used for the government's low-income housing (MBR) programme, which targets construction of approximately 140,000 vertical housing units as part of the national 3 million housing initiative. The project, a collaboration between Danantara and Lippo, carries an estimated initial investment of Rp14-16 trillion and will feature 18 towers of approximately 32 storeys on 12.8 hectares of land. LPCK has emphasised that this development is separate from its existing Meikarta commercial apartment project and does not involve converting any commercial properties into low-income housing.

Pertamina Chief Updates on Oil Tanker Status in Hormuz Strait

Pertamina's Chief Executive Simon Aloysius Mantiri has disclosed that two of the company's four oil cargo vessels in the Persian Gulf region have resumed operations, with vessels Paragon and Rinjani heading to Kenya and India respectively. Two other vessels, Pertamina Pride and Gamsunuro, remain in the Hormuz Strait, with the company prioritising crew safety and coordinating with Indonesia's foreign ministry, whilst diversifying fuel sourcing from Africa and the Americas to reduce Middle Eastern dependency.

Yaqut Officially Detained Over Hajj Quota Case, Details of Evidence Against Him

Former Religious Affairs Minister Yaqut Cholil Qoumas has been formally detained as a suspect in an alleged hajj quota corruption case involving the 2023-2024 pilgrim allocations. The Corruption Eradication Commission (KPK) presented multiple pieces of evidence, including electronic records, witness testimony, and documents, claiming Yaqut ordered changes to hajj quota distribution from a 92-8 per cent split (regular-special) to an equal 50-50 distribution, allegedly to benefit travel companies and intermediaries.

Semarang–Batang Toll Road Latest Tariffs 2026: What Is the Cost from Batang to Kalikangkung?

New toll tariffs for the Semarang–Batang highway section came into effect on 7 March 2026, applying to all vehicle classes, following a ministerial decision issued in January 2026. The tariff adjustment was implemented following a feasibility study and business plan evaluation, with rates set in accordance with the toll road concession agreement (PPJT) for the route.

Latest Forecasts on Oil Prices from Six Global Institutions: How Alarming?

Oil prices have surged dramatically amid escalating geopolitical tensions between Iran, Israel, and the United States, with WTI and Brent crude rising above $95 and $100 per barrel respectively and climbing 42% since late February 2026. Global supply disruptions, particularly through the Strait of Hormuz, have halted approximately 20% of world oil trade, prompting the International Energy Agency to release 400 million barrels of strategic reserves and leading forecasts that prices could peak at $120 per barrel amid continued Middle East tensions. Major global institutions are significantly downgrading supply growth projections and warning of prolonged market volatility as geopolitical risks persist.

Ministry of Energy and Mineral Resources ensures fuel and LPG stocks secure for Eid 2026 period

Indonesia's Ministry of Energy and Mineral Resources has confirmed that fuel and LPG stocks remain in safe condition ahead of the Ramadan and Eid al-Fitr 1447 H period, with no cause for public concern. The Director General of Oil and Gas noted that crude oil, fuel, and LPG supplies are adequate, with Pertamina implementing enhanced distribution infrastructure and 24-hour services to support increased mobility during the holiday season. Historical data projects demand increases of 9.6 per cent for petrol and 2.86 per cent for LPG in West Java, though diesel demand is expected to decline by 27.3 per cent due to logistical vehicle restrictions.

Copyright Law Bill Protects Not Just Music But Also Journalistic Works

Indonesia's House of Representatives is revising the Copyright Law to strengthen protections for journalistic work alongside music and other creative endeavours in the digital age. DPR Chair Puan Maharani emphasised that the revision aims to ensure creators—including musicians, writers, artists, journalists, and other creative workers—receive fair economic compensation, whilst also addressing artificial intelligence-related copyright concerns. The legislation seeks to establish exclusive rights for content creators and media organisations, with potential royalty payment obligations for content usage.

SIG Expands into Soil Stabilisation Business Through Partnership with Taiheiyo

PT Semen Indonesia Tbk (SIG) has formally partnered with Japan's Taiheiyo Cement Corporation to establish a soil stabilisation business, addressing Indonesia's complex geographical challenges in property and infrastructure development. The collaboration, which involves multiple entities including PT Solusi Bangun Indonesia Tbk and PT Mitra Kiara Indonesia, encompasses product development, production, marketing and sales, and represents a strategic expansion of SIG's building materials portfolio. Both companies aim to create new market opportunities whilst strengthening Indonesia's infrastructure development through high-quality stabilisation solutions for soft soils such as expansive clay, peat and organic-rich soils.

TNI Chief of Territorial Staff Position Reinstated; DPR Commission I Confident It Is Not for ABRI Dual Function

TNI Commander-in-Chief General Agus Subiyanto has reinstated the position of Chief of Territorial Staff (Kaster), now held by Lieutenant General Bambang Trisnohadi, which was abolished during President Abdurrahman Wahid's administration. DPR Commission I Vice Chair Dave Laksono has assured that the position's reinstatement represents organisational modernisation and does not signal a return to ABRI's dual function, emphasising that the role will strengthen territorial coordination to address complex security challenges whilst remaining within TNI's core mandate.

Two Missing Residents from Situbondo Floods Found Dead

Two residents reported missing after devastating floods swept through Situbondo Regency in East Java since 7 March have been found dead. Tohari, aged 44, was discovered on the banks of Lubawang River on 10 March, while Jelani, aged 53, was found in a field near Jatibanteng River on 12 March. The search and rescue operation has been officially closed following the recovery of both bodies.

The "Ride-hailing Crisis" Phenomenon: Transport Expert Says Citizens' Mobility Not Solely Dependent on App-based Services

A "ride-hailing crisis" has gained traction on social media as users struggle to secure app-based motorcycle taxi services during peak hours. Transport analyst Deddy Herlambang argues that ride-hailing services are private transport rather than part of the national public transport system, and their unavailability should not significantly impact public productivity given the availability of other public transport modes. The shortage is attributed to multiple factors including weather conditions, Ramadan timing, and low fares that discourage drivers from accepting orders.

Bogor Police Prepare Unique Integrated Post at Gadog for Homecoming Travellers

Bogor Police have established a uniquely themed integrated service post at Gadog, Ciawi, as directed by West Java's Regional Police Commander to provide comprehensive services to homecoming travellers during the 2026 Ketupat Lodaya Operation. The post offers free massage services, police assistance, prayer facilities, and rest areas whilst incorporating personnel from multiple agencies including health, transportation, and disaster management teams.

Fact Check: Ministry of Religious Affairs' Takbiran Rules Limited Until 21.00 and Sound System Prohibition

A viral social media post claimed the Indonesian Ministry of Religious Affairs (Kemenag) has issued new nationwide regulations restricting takbiran (Islamic chanting) to between 18.00 and 21.00, banning sound systems and prohibiting mobile processions. However, fact-checkers found these restrictions only apply specifically in Bali during Nyepi celebrations to avoid interfering with Hindu observances, not as a general national policy.

Eid School Holiday 2026 Looming: Total of 14 Days

Indonesian schools will enjoy approximately 14 days of Eid holiday in 2026, with the government providing additional leave beyond the traditional break. The holiday period commences on Monday, 16 March 2026, coinciding with the end of Ramadan, and extends through Eid al-Fitr, encompassing public holidays, collective leave, and weekends.

Government Accelerates Renewable Energy Transition Amid Global Geopolitical Uncertainty

The Indonesian Government is accelerating its transition from fossil fuels to renewable energy sources, primarily solar power, in response to global geopolitical tensions that threaten international energy supply chains, particularly through the Strait of Hormuz. Energy Minister Bahlil Lahadalia has instructed the New Renewable Energy Task Force to rapidly execute this transition by phasing out diesel and coal-fired power plants in parallel with constructing renewable energy capacity. The initiative is framed both as an energy security strategy and a significant opportunity for national industrialisation, with potential to create "green jobs" across engineering, manufacturing, and research sectors whilst leveraging Indonesia's critical minerals advantage in nickel and copper for battery production.

Hoax! Ministry of Communication and Digital does not deactivate Facebook, Instagram, TikTok, YouTube on 28 March

A viral TikTok video falsely claims that the Indonesian government will deactivate major social media platforms on 28 March 2026, but fact-checkers confirm this is misinformation. The government is instead implementing an age restriction policy prohibiting children under 16 from owning social media accounts, which begins implementation on that date under Ministerial Regulation Number 9 of 2026.

False: CNN Journalist Arrested for Reporting on Free Nutritious Meals Programme, Accused of Exposing National Shame

This article debunks a false claim circulating on social media that a CNN journalist named Valencia was arrested for reporting on alleged poisoning cases in Indonesia's Free Nutritious Meals (MBG) programme. The fact-check reveals that the claim is disinformation; the actual incident involved the Presidential Press Bureau temporarily revoking journalist Diana Valencia's press credentials during a presidential event, but the credentials were subsequently returned with an apology.

Coal Stock Gains as Oil Price Volatility Drives Market Sentiment

Amid elevated crude oil price volatility driven by supply concerns following the Hormuz Strait closure, Indonesian coal stocks AADI and ITMG have emerged as preferred investment choices, surging over 5 per cent on expectations that prolonged high energy costs will boost coal demand. Analysts suggest that sustained oil price increases, combined with rising shipping costs, will incentivise a shift towards coal as an alternative fuel, benefiting Indonesia's major export commodities and bolstering domestic coal equities.

Parliamentary Member Supports Revitalisation of STIA LAN to Develop Technology-Literate Civil Servants

A member of the Indonesian House of Representatives has emphasised the urgent need to revitalise digital facilities at the STIA LAN Polytechnic in Bandung to develop technology-proficient civil servants, citing that only 34.23 per cent of civil servants nationwide are digitally literate. The proposal includes establishing a digital laboratory based on artificial intelligence and big data, expanding international collaborations to 15 partners by 2029, and developing a curriculum focused on anti-corruption and political neutrality aligned with civil service law.

US-Iran War Triggers Largest Oil Supply Disruption in History; Bahlil Accelerates Renewable Energy Transition

A conflict in the Middle East has caused the largest disruption to oil supplies in market history, with approximately 20 million barrels per day of crude oil and refined products blocked through the Strait of Hormuz. The International Energy Agency has coordinated the largest emergency release of strategic oil reserves since its founding in the 1970s—400 million barrels—to offset the crisis, though officials warn that without swift resolution of the conflict, supply losses could worsen significantly.

Rismon Revises Findings: No Irregularities Found in Jokowi's Diploma

Researcher Rismon Sianipar, who previously claimed former President Jokowi's diploma was fraudulent, has reversed his conclusion after conducting extended independent research. Upon re-examining his methodology and incorporating additional geometric variables in digital image analysis, Rismon found no irregularities in Jokowi's UGM diploma and formally apologised for his earlier allegations. Rismon has submitted his revised findings to the Jakarta Metro Police and states that scientific responsibility requires researchers to openly acknowledge when new evidence contradicts prior conclusions.

KY Examines Head and Deputy Head of Depok District Court Arrested in KPK Operation

The Judicial Commission (KY) is conducting ethics investigations into the Head and Deputy Head of Depok District Court on 13 March 2026 following their arrest in a KPK corruption operation. The KPK has named five suspects in an alleged corruption case involving bribery for expedited land dispute settlement, with fees reportedly reaching Rp 850 million. The investigation centres on the handling of land execution requests from PT Karabha Digdaya, a Finance Ministry subsidiary.

Don't Miss Out! Jogja Financial Festival Coming Soon to JEC

The Jogja Financial Festival 2026 will be held at Jogja Expo Center (JEC) from 22-24 May 2026, organised by the Deposit Insurance Corporation (LPS) in collaboration with Transmedia. The event will feature financial literacy education through business talks and classes, alongside entertainment including the Jogja Run D-City marathon, stand-up comedy, and performances from popular artists.

Towards B50: National Biodiesel Production Still Short by 2 Million Kilolitres

The Indonesian government's plan to implement a mandatory B50 biodiesel blending mandate faces production capacity challenges, with industry associations estimating a shortage of approximately 2 million kilolitres. The Association of Indonesian Biofuel Producers notes that whilst installed production capacity reaches 22 million kilolitres, only 80 per cent utilisation is typical, leaving a gap when meeting the projected demand of 19.75 million kilolitres annually. Beyond production deficits, the industry has also raised concerns about storage infrastructure readiness and the allocation of palm oil, urging stakeholder consultation before full implementation.

The World on the Brink of Energy Crisis as Indonesia's Neighbours Prepare Their Own Solutions

A major geopolitical conflict has closed the Strait of Hormuz, through which approximately one-fifth of global oil supplies normally transit, sparking an energy crisis across Asia. As US President Donald Trump attempts to calm markets, Iran's new leadership asserts the strait will remain closed, forcing Asian nations—which depend on the Middle East for 59% of crude oil imports—to implement emergency measures ranging from strategic reserve releases to fuel rationing and work-from-home mandates.

Following Bantargebang Landfill Collapse, Jakarta Plans Three Waste-to-Energy Plants

Following a catastrophic landfill collapse at Bantargebang waste disposal site on 8 March 2026 that killed seven people, Jakarta provincial government has proposed constructing three waste-to-energy power plants (PLTSa) to address the capital's waste management crisis. The three facilities, to be built in Bantargebang (Bekasi), Tunjungan and Sunter (both North Jakarta), are projected to process between 6,500 and 7,000 tonnes of waste daily, significantly reducing the burden on the overcrowded Bantargebang site.

JK Warns of Economic Impact from Iran-Israel-US Conflict

Former Vice President Jusuf Kalla has warned that the conflict between Iran and Israel-US will impact global and Indonesian economies, particularly through rising oil prices affecting fuel costs, subsidies, and logistics. Energy Minister Bahlil Lahadalia reassured the public that domestic fuel supplies are sufficient for the next 23 days, urging calm amid panic-buying incidents in several regions triggered by global energy security concerns.

Hoax! Iran demands Prabowo tends to Indonesia's poor

A viral social media post falsely claimed Iran rejected Indonesia's mediation offer in the Iran-US conflict whilst demanding Indonesia focus on its impoverished citizens. The Indonesian Ambassador from Iran, Mohammad Boroujerdi, acknowledged Indonesia's good intentions but rejected mediation offers without making derogatory remarks about Indonesia's poor, making the viral narrative false.

Government to Restrict AI Chatbot Use Among Primary and Secondary School Students

Indonesia's Coordinating Minister for Human Development and Culture, Pratikno, announced that the government will restrict use of instant AI chatbots such as ChatGPT, Gemini, and Claude among primary and secondary school students. The restriction aims to mitigate risks including cognitive decline and mental health issues, whilst allowing regulated use of AI technologies designed specifically for educational purposes.

State Personnel Discipline Board Hears 69 Cases of Civil Servant Violations Including Misconduct and Corruption

Indonesia's State Personnel Discipline Board (BPASN), chaired by Minister of Administrative and Bureaucratic Reform Rini Widyantini, has convened two sessions in 2026 to address 69 cases of violations by civil servants and contract workers across various government agencies. The proceedings resulted in 58 dismissals from civil service, along with lighter penalties including salary delays and position reductions for other cases, demonstrating the government's strict enforcement of disciplinary standards.

Xiaomi Founder: Don't Call Me "China's Steve Jobs"

Xiaomi founder Lei Jun has rejected comparisons to Steve Jobs, stating that whilst the Apple founder was a great inspiration, the comparison is inappropriate and creates misconceptions about the two very different companies. In a 2013 blog post, Jun expressed discomfort with the persistent association, noting that Xiaomi was still too young at only three years old to be meaningfully compared with global giants like Apple or Samsung.

Political Career of Yaqut Cholil Qoumas, Former Religious Affairs Minister Now Detained in Hajj Quota Case

Yaqut Cholil Qoumas, Indonesia's former Minister of Religious Affairs, has been detained by the Corruption Eradication Commission (KPK) over allegations of corruption in the management of Indonesia's hajj quota for 2023–2024. The 20-day detention follows the South Jakarta District Court's rejection of his pre-trial motion challenging his designation as a suspect in the case.

Padel Courts in East Jakarta Sealed Over Illegal Permits and Licensing Violations

East Jakarta municipal government has sealed 27 of 57 padel courts in the region for operating without proper permits or misusing existing licences. The enforcement action targets courts that lack appropriate operational permits or functional safety certificates, with one notable case involving a facility operating under a residential boarding house permit issued in 2018. The city has committed to ongoing monitoring and stricter enforcement of building regulations and spatial planning rules across all sports facilities.

Government affirms BPJS Employment participants do not automatically lose social assistance

The Indonesian government has clarified that participation in the BPJS Ketenagakerjaan (Employment Social Security) programme does not automatically disqualify individuals from receiving social assistance programmes such as the Family Hope Programme (PKH), amid public concerns about ongoing data synchronisation. Officials emphasised that BPJS employment protection and social assistance are complementary instruments designed to protect economically vulnerable populations, with BPJS membership not being an exclusion criterion for welfare benefits.

Ramadan Hope Campaign: Coordinating Minister Muhaimin Announces Distribution of 2 Million Zakat Fitrah Packages to Beneficiaries Across Indonesia

Coordinating Minister for Community Empowerment A Muhaimin Iskandar has officially launched the Tebar Harapan Ramadan (Ramadan Hope Campaign), a collaborative initiative to distribute 2 million zakat fitrah packages worth Rp441.9 billion to disadvantaged communities across Indonesia. The programme orchestrates 184 Islamic charitable organisations and 234 philanthropic organisations to target assistance at recipients in 168 districts across eight provinces with the highest extreme poverty levels, plus three disaster-affected provinces in Sumatra, representing a strategic approach to poverty alleviation and social solidarity.

PKS West Java Aid Post Distributes Relief Packages to Cisarua Landslide Victims

The PKS (Prosperous Justice Party) West Java aid post has been distributing relief packages to victims of the Cisarua landslide in Pasirlangu, West Bandung Regency, including during the month of Ramadhan. Deputy Chair of the West Java Regional Assembly Iwan Suryawan joined approximately 200 residents for tarawih prayers and iftar meals, whilst reaffirming the party's commitment to supporting disaster victims through ongoing relief operations.

Wall Street Declines Following Iranian Attack as Oil Prices Near $100 per Barrel

Wall Street suffered significant losses on 12 March 2026 as escalating geopolitical tensions in the Middle East propelled crude oil prices to approach the psychological $100 per barrel threshold. The Dow Jones Industrial Average fell 1.56 per cent whilst WTI and Brent crude surged nearly 10 per cent amid concerns over potential closure of the Strait of Hormuz, which handles approximately one-fifth of global oil supply. Market participants adopted a defensive posture, with only the energy sector gaining whilst broader economic concerns intensified regarding stagflation risks and reduced expectations for Federal Reserve rate cuts later in the year.

Safe, Secure and Happy Homecoming

The Indonesian Government projects approximately 143.91 million people (50.6% of the population) will travel during the 2026 Eid homecoming period, a 1.75% decrease from 2025 due to economic constraints and rising fuel costs. The Government's theme "Safe Homecoming, Happy Family" aims to reduce road accidents and fatalities, with appreciation noted for the 31% reduction in crashes and 53% reduction in fatalities during the 2025 Eid period, whilst authorities emphasise that safety must be the paramount concern in all holiday travel arrangements.

Jakarta Composite Index Weakens as Foreign Investors Sell Equities

Foreign investors conducted net selling across multiple Indonesian equity markets on 12 March 2026, with banking and commodities stocks bearing the brunt of the sell-off. The Jakarta Composite Index (IHSG) declined 0.37% to 7,362.12 points, with state-owned bank BBRI experiencing the largest foreign outflow of Rp153.6 billion, followed by BBNI at Rp129.2 billion, whilst infrastructure, property and consumer sectors also declined significantly.

Warning: Jakarta Composite Index Risks Falling to 6,700 Level; Here Are 5 Analysts' Pick Stocks

The Jakarta Composite Index (IHSG) closed at 7,362.11 on 13 March 2026, down 0.37 per cent, and analysts warn it could test lower support levels around 6,744 if selling pressure intensifies. Binaartha Securities analyst Ivan Rosanova recommends monitoring five stocks including Indofood CBP, Indofood, Japfa Comfeed, Merdeka Battery Materials, and Bukit Asam, which are projected to perform solidly in current market conditions.

One by One, Accusers of Jokowi's Forged Diploma Withdraw Amid Legal Process

Multiple accusers in a high-profile case alleging President Jokowi's diploma is forged have begun withdrawing from the legal process through restorative justice agreements, with two suspects already having investigations halted and a third apologising and recanting statements. The remaining accusers, including telematic expert Roy Suryo, have indicated they may continue pursuing the case despite the pattern of withdrawal. The case, which involves allegations of defamation and illegal access to electronic documents, has been ongoing for approximately a year since Jokowi filed the initial report.

Coordinating Minister Muhaimin Calls for Strengthened Cross-Faith Social Collaboration During Ramadan

Coordinating Minister for Community Empowerment A. Muhaimin Iskandar convened religious leaders, philanthropic organisations, businesses, and communities to strengthen collaboration in addressing social issues and poverty during a cross-faith Ramadan event in Jakarta. With approximately 23 million Indonesians facing economic hardship and poverty rates at 8.25%, the government is promoting synergies between government agencies, zakat organisations, charities, and volunteers to ensure targeted social assistance and community empowerment. The minister emphasised that whilst government budgetary support is essential, addressing poverty requires broad-based collaboration leveraging Indonesia's strong social capital of mutual aid and inter-faith solidarity.

PLN Ensures Safe Electric Vehicle Journeys Ahead of Eid

State-owned electricity company PT PLN has conducted an inspection tour along East Java's main corridor from Surabaya to Banyuwangi to ensure the readiness of electric vehicle charging infrastructure ahead of the Ramadan and Eid al-Fitr 2026 holiday period. PLN UID East Java has deployed approximately 297 electric vehicle charging stations (SPKLU) across 158 strategic locations, including along the Trans Java highway, and is enhancing user experience through the development of SPKLU Centre facilities that offer rest areas and amenities.

Trans-Java Toll Road Requires Single e-Toll Card During Mudik

The Trans-Java toll road system requires motorists to use a single e-toll card for both entry and exit during the 2026 Lebaran mudik (exodus) period. The Indonesian government is offering a 30 percent toll tariff discount for four days during the holiday travel season, with reductions applied on 15–16 March for outbound traffic and 26–27 March for return journeys, aimed at distributing traffic more evenly.

Previous Day's Politics: Defence Minister on Alert Status and Presidential Envoys in State-Owned Enterprises

Defence Minister Sjafrie Sjamsoeddin reassured the public that the TNI's alert status is a protective measure and not a cause for concern, whilst President Prabowo announced plans to deploy presidential envoys to state-owned enterprises to strengthen oversight and prevent misuse of state resources. Additionally, Parliament approved a copyright law amendment, and the state airport operator temporarily suspended hajj charter flights from West Sumatra due to Middle East tensions.

Rismon Apologises to Jokowi; PSI States Diploma Fraud Allegation Completely Unfounded

Rismon Hasiholan Sianipar has publicly apologised to former President Joko Widodo and Vice President Gibran Rakabuming Raka, withdrawing his previous allegations that Widodo's diploma was fraudulent and claiming he discovered new evidence exonerating him. The Indonesian Democratic Party of Struggle (PSI) welcomed the apology as vindication, whilst Gibran praised the gesture as an opportunity for reconciliation during Ramadan and noted that Sianipar's willingness to reconsider his statements demonstrates democratic maturity.

Gus Anta Appreciates PKB's Consistent Study of Grandfather Hasyim's Texts

Gus Anta Maulana, great-grandson of KH Hasyim Asy'ari, praised the National Awakening Party (PKB) for consistently conducting monthly studies of his ancestor's Islamic texts during Ramadan. He emphasised the universal relevance of the teachings on proper conduct in seeking knowledge and selecting authentic teachers, particularly in response to concerns about instant learning through artificial intelligence.

Rupiah Exchange Rate 13 March 2026: Pressured at Rp16,900 per US Dollar

The Indonesian rupiah weakened against the US dollar on 13 March 2026, trading in the range of Rp16,850 to Rp16,950 per dollar amidst global economic uncertainty stemming from Middle East tensions and surging crude oil prices above US$100 per barrel. International investors remain cautious ahead of US PCE inflation data release, which will influence the Federal Reserve's future interest rate policy, whilst Bank Indonesia is expected to intervene in the DNDF market to prevent the rupiah from breaching the psychological level of Rp17,000.

How to Register for KJP 2026 Queue at Pasar Jaya: Link and Requirements for Collecting Subsidised Food Baskets

Jakarta's subsidised food basket distribution programme has moved to an entirely online queuing system, allowing KJP (Jakarta Smart Card) recipients to register for collection slots without arriving early or waiting in crowds at Pasar Jaya outlets. Recipients can register via the online portal at https://antrianpanganbersubsidi.pasarjaya.co.id/ between 07:00-17:00 WIB daily, with each NIK permitted one registration per day.

Coal in Demand Again Worldwide as Energy Crisis Threat Becomes More Real

Coal prices surged 2.85% to US$138.75 per ton on 12 March 2026 amid global energy security concerns triggered by Middle Eastern conflicts and geopolitical disruptions to oil supplies, prompting countries worldwide to increase coal consumption and develop domestic energy capacity. India has stockpiled 210 million tons of coal whilst South Korea is reactivating nuclear reactors and considering coal plants, whilst Europe prioritises renewable energy expansion despite the headwind of elevated fossil fuel costs threatening clean energy investment economics. Mongolia's coal exports collapsed to an eight-month low in February, declining 37.37% month-on-month despite year-on-year growth, due to logistical bottlenecks at the China border and weakened demand from Chinese steel mills.