Indonesian Political, Business & Finance News

Archive: 17 March 2026

Showing 1,501-1,550 of 1,957 articles

892 Homebound Travellers Depart from Pulo Gebang Terminal This Morning, Majority Heading to Sumatra and Java

Eight hundred and ninety-two homebound travellers departed from Pulo Gebang integrated terminal in Jakarta on Tuesday morning using 17 bus fleets, primarily heading to cities across Sumatra and Java. Terminal officials reported that passenger numbers have been steadily increasing as the peak period for Lebaran exodus approaches, which is expected between 17 and 18 March 2026, with a cumulative total of 29,390 passengers having departed by Tuesday.

Safeguarding public reason in the caustic soda attack case against a human rights activist

The acid attack on human rights activist Andrie Yunus represents a critical moment for Indonesia's democratic development and the protection of civil society advocates. President Prabowo has ordered a thorough and transparent investigation through the National Police Chief, signalling that state violence against human rights defenders will not be tolerated. The article calls for maintaining critical reasoning whilst avoiding unfounded speculation on social media, distinguishing between justified scepticism and premature accusations without evidence.

What is Ogoh-ogoh? Origins, Meaning, and Its Role in Nyepi Celebrations

Ogoh-ogoh are large three-dimensional effigies constructed from various materials and depicting fearsome figures, integral to Indonesia's pre-Nyepi Hindu rituals. Originating in Denpasar in 1980 and formally established after Nyepi became a national holiday in 1983, ogoh-ogoh represent negative forces and destructive energies that are symbolically burned during the Pengerupukan ceremony to purify and balance nature. The effigies embody Hindu philosophical concepts about the duality of positive and negative energies, serving as expressions of Balinese Hindu creativity and cultural identity.

Constitutional Court Strikes Down Lifetime Pension Law for State Officials

Indonesia's Constitutional Court (MK) has partially granted a challenge to the lifetime pension law for former state officials, ruling that Law No. 12 of 1980 is unconstitutional. The court has ordered lawmakers to replace the legislation within two years, establishing five key principles including differentiation between elected, selected, and appointed officials, and consideration of proportionality and accountability. The ruling affects senior officials including DPR members, Supreme Audit Board (BPK) members, and senior judges.

BMKG warns of potential tidal flooding during Eid holiday in West Nusa Tenggara

Indonesia's meteorological agency (BMKG) has warned residents of West Nusa Tenggara province to prepare for potential tidal flooding along coastal areas during the Eid holiday period from 17-27 March 2026. The flooding is expected to result from maximum tidal phenomena linked to the new moon phase, with sea levels rising to approximately 1.9 metres, particularly affecting low-lying coastal regions including ten named areas on Sumbawa Island. The warning is particularly significant given that West Nusa Tenggara comprises two main islands and over 400 smaller islands, making coastal flooding a recurring hazard for the region.

Dubai Airport Temporarily Closed, Two Indonesian Aircraft Diverted

Two Emirates Airlines flights from Indonesia to the United Arab Emirates were diverted following the temporary closure of Dubai International Airport after drone debris fell in the area, triggering a fire near the airport. The Indonesian Foreign Ministry confirmed that Emirates flight EK-359 from Jakarta (309 passengers) was diverted to Abu Dhabi's Zayed International Airport, while flight EK-399 from Denpasar (300 passengers) landed at Dubai's Al Maktoum International Airport, with no reported Indonesian casualties or assistance requests.

480 Free KAI Mudik passengers depart from Pasar Senen Station

State-owned railway operator KAI transported 480 passengers on a free mudik (homecoming) programme from Jakarta's Pasar Senen Station to Semarang on Tuesday, as part of its annual initiative to encourage Indonesians to switch from private vehicles to mass transport ahead of Eid celebrations. The programme aims to enhance safety, reduce traffic congestion on major mudik routes, and support the smooth flow of holiday travel. KAI's Jakarta operational region recorded over 54,000 departing passengers on Tuesday, with cumulative figures reaching 346,845 since the Eid transport season began on 11 March.

Who is Gus Alex? The Trusted Associate of Former Religious Affairs Minister Yaqut Ensnared in the Hajj Quota Scandal

Ishfah Abidal Aziz, known as Gus Alex, has been named as a suspect by Indonesia's Corruption Eradication Commission (KPK) alongside former Minister of Religious Affairs Yaqut Cholil Qoumas in an alleged corruption case involving the manipulation of additional hajj quotas for 2023-2024. As a special staff member to the Minister, Gus Alex allegedly played a central role in distributing 20,000 additional hajj quotas using a 50-50 split between regular and special hajj pilgrimage categories, contrary to the law which stipulates special hajj quotas should not exceed 8 per cent, resulting in an estimated state financial loss of 622 billion rupiah.

Merdeka Battery (MBMA) to Buyback 1.8 Billion Shares to Support Share Price Stability

PT Merdeka Battery Materials Tbk (MBMA) has announced a share buyback programme of up to 1.8 billion shares, allocating a maximum of IDR 1.7 trillion to be executed between 17 March and 16 June 2026. The company stated that the buyback aims to maintain share price stability, boost investor confidence, and ensure the share price reflects the company's fundamental value more fairly, whilst management has confirmed the action will not materially impact earnings per share or company finances.

Hendarsam Marantoko Appointed as Director General of Immigration via Presidential Decree, to be Inaugurated in April

The Indonesian government has appointed Hendarsam Marantoko as the new Director General of Immigration through Presidential Decree No. 187/TPA of 2025, signed by President Prabowo Subianto. Marantoko, a lawyer and politician born in Tanjung Karang, will assume office following a handover of duties ceremony scheduled for early April 2026, which will conclude an open selection process that was halted upon the presidential appointment.

Two Indonesian Flights Diverted as UAE Closes Airspace Following Iranian Drone Attack

The United Arab Emirates closed its airspace following Iranian drone attacks on US military facilities in the Middle East, forcing the diversion of two Emirates flights from Indonesia. Two Indonesian-bound flights—Emirates EK-359 from Jakarta with approximately 309 passengers and Emirates EK-399 from Denpasar with approximately 300 passengers—were redirected to alternative airports, with no Indonesian nationals reported as victims or requesting assistance. The UAE civil aviation authority subsequently reopened its airspace after the situation improved.

Jasa Raharja Guarantees Free Mudik Participants Insurance Protection with Compensation Reaching Rp 50 Million

PT Jasa Raharja, a state-owned enterprise, is providing insurance coverage to participants in the 2026 free mudik (mass exodus) programme, with compensation of Rp 20 million for injury victims and Rp 50 million for fatalities. The insurance premiums are covered by the state as a mandatory component included in travel tickets, ensuring all participants receive guaranteed protection within 48 hours of claims.

East Java Disaster Management Agency and Juanda BMKG Modify Weather to Anticipate Extreme Conditions

East Java's Regional Disaster Management Agency (BPBD) and the Juanda Meteorology, Climatology, and Geophysics Agency (BMKG) have launched a weather modification operation across multiple regions to mitigate extreme weather conditions during the Lebaran holiday period. The initial phase involves aircraft PK-SCJ conducting three sorties over eastern and southern East Java, dispersing 2,800 kilogrammes of calcium oxide seeding material, with operations scheduled to continue for ten days through to 26 March 2026.

Free BUMN Homecoming Programme 2026 Transports 116,688 Passengers

Indonesia's state-owned enterprises (BUMN) free homecoming programme for Eid 2026 exceeded its target, transporting 116,688 passengers compared to the initial target of 104,000. The programme represented a 10.3 per cent increase compared to 2025 figures, utilising 46 ships, 99 train sets, and 1,541 buses across multiple departure dates.

IHSG Opens Stronger Ahead of BI Interest Rate Announcement

The Indonesian composite stock index opened stronger on 17 March 2026 ahead of the Bank Indonesia's expected interest rate announcement, with the IHSG rising 0.75 per cent. Market sentiment remains cautious due to international tensions affecting the Strait of Hormuz closure, rising crude oil prices, and concerns over domestic inflation and fiscal pressures. Regional Asian markets also opened higher, with investors awaiting central bank decisions from the US Federal Reserve and other major central banks this week.

Tangerang Transportation Department ensures all mudik buses undergo ramp checks

The Tangerang City Transportation Department is implementing mandatory ramp checks and health screenings for all intercity buses departing from Poris Plawad Terminal during the 2026 mudik season. The inspection operation, conducted jointly with provincial authorities and police, targets 30–50 vehicles daily from 16–18 March 2026, verifying vehicle roadworthiness and driver fitness to ensure passenger safety as traffic volumes are expected to reach 2,000 passengers per day.

Early Returning Holidaymakers from Java Begin Arriving at Bakauheni Port

Foot passengers from Java have begun arriving at Bakauheni Port in Lampung ahead of Eid al-Fitr 1447 Hijriah, with many choosing to depart early to avoid peak holiday rush congestion. Data from PT ASDP shows significant increases in passenger and vehicle crossings compared to the same period last year, with 88,791 passengers travelling from Java to Sumatra on H-6 Eid (44.7 per cent higher than 2025), reflecting growing holiday travel demand.

Accompanied by Coordinating Minister for Politics and Security, Naval Chief Sends Off Thousands of Free Migrant Travellers on KRI Banda Aceh

The Indonesian Navy Chief of Staff, Admiral Muhammad Ali, oversaw the departure of thousands of homebound migrants travelling free on the warship KRI Banda Aceh at Jakarta's Kolinlamil Wharf, accompanied by the Coordinating Minister for Politics and Security Djamari Chaniago. The annual free homecoming programme, which deploys naval vessels to serve multiple routes during the Islamic holiday period, transported approximately 1,300-1,400 passengers alongside motorcycles, with the Navy also providing 110 buses to assist travellers to Central and East Java. The government, working with various partners including the national zakat authority, emphasised the programme's role in enabling safe and comfortable travel for citizens during peak migration periods.

Nine Points of MUI's Guidance Message Ahead of Eid al-Fitr for Police and Muslims: What Are They?

The Indonesian Ulema Council (MUI) has issued a nine-point guidance message for Eid al-Fitr 1447 AH, calling on the government and National Police to ensure security and comfort for Muslims during the celebrations. The message emphasises spiritual strengthening through values of honesty, patience, social care and discipline, alongside calls for family visits, national unity, social and economic resilience through charitable giving, and prayers for world peace.

Blast hits mosque in Jember during tarawih prayers under investigation

An explosion occurred at a mosque in Jember's Pesona Regency housing complex during evening tarawih prayers on Tuesday, damaging the ceiling and furnishings but causing no fatalities. One worshipper was hospitalised with hearing impairment, and Jember Police have cordoned off the site with a bomb disposal unit deployed whilst investigating the cause of the blast.

Strong Indonesian Economic Fundamentals Should Support Rupiah Strengthening, says Purbaya

Finance Minister Purbaya Yudhi Sadewa stated that Indonesia's strong economic fundamentals should support rupiah strengthening, yet the currency weakened by 39 basis points to Rp 16,997 per USD on 16 March 2026. The rupiah depreciation is attributed to escalating Middle Eastern geopolitical tensions between Iran and the US-Israel alliance, with economists noting the currency remains volatile between Rp 16,990-Rp 17,050 amid regional instability.

Constitutional Court Orders Revision of Parliamentary Pension Rules under Law 12/1980

Indonesia's Constitutional Court has declared Law 12/1980, which governs the financial rights of senior state officials and former legislators, conditionally unconstitutional and has ordered Parliament and the Government to draft new legislation within two years. The current law, which sets parliamentary pensions at a minimum of 6 per cent and maximum of 75 per cent of the pension base depending on length of service, remains in effect until replacement legislation is enacted.

Explosion at Mosque in Jember Prompts Direct Response from East Java Police Commander

A mysterious explosion occurred at a mosque in the Pesona Raya Regency housing complex in Jember, East Java during taraweeh prayers on Monday evening, causing no fatalities but damaging the roof and alarming worshippers. The East Java Regional Police Commander personally oversaw the crime scene investigation, with a bomb disposal team conducting a thorough examination to determine the cause, which is suspected to have originated from an unused cabinet near the male ablution area.

Cartenz Task Force Apprehends Armed Criminal Group Member Escaped from Wamena Prison

The Cartenz Peace Operation Task Force has recaptured Ferly Wesabla (21), an Armed Criminal Group (KKB) member who escaped from Wamena Class IIB Prison on 25 February 2025 alongside six other inmates. Wesabla was arrested at a residential complex in Dekai, Yahukimo regency on 16 March after attempting to flee and hide in nearby bushes, and faces charges including involvement in the 2024 murder of a police officer.

The Strait of Hormuz Closure: What is Indonesia's Fate?

Following a hypothetical closure of the Strait of Hormuz—a critical chokepoint through which 20-21 per cent of global crude oil passes—the world faces an unprecedented energy crisis comparable to or worse than the 1973 Oil Crisis. With global oil consumption at 105 million barrels per day and the International Energy Agency's emergency reserves offering only a temporary 19-day reprieve, crude oil prices are projected to surge to $150-180 per barrel, threatening global economic stability.

Why BHR Is Only for Ride-hailing and Online Courier Drivers, Other Freelancers Don't Qualify

Indonesia's Ministry of Manpower has provided Eid bonuses (BHR) to approximately 850,000 ride-hailing and online courier drivers—totalling Rp 220 billion—but has excluded other gig workers due to the lack of comprehensive regulations governing the gig economy. The government is currently drafting legislation, including a proposed platform workers law, to comprehensively regulate various categories of gig workers and determine bonus eligibility in the future.

Mysterious Explosion Shakes Mosque in Jember, Police Deploy Bomb Disposal Team

A mysterious explosion occurred at a mosque in the Pesona Regency residential area in Jember, East Java during evening prayers on Monday, 16 March 2026, causing damage to the mosque's ceiling and roof but no deaths. Police immediately cordoned off the area and deployed a bomb disposal team to investigate the cause of the blast. One person was taken to hospital with suspected hearing damage, and authorities have temporarily suspended mosque activities pending the completion of the crime scene investigation.

Mayor of Medan: Free homecoming programme brings joy ahead of Eid celebration

The Mayor of Medan, Rico Tri Putra Waas, has launched a free homecoming programme for residents travelling to their hometowns to celebrate Eid al-Fitr 1447 Hijriah, with the city providing 4,000 quota slots across 12 routes within North Sumatra Province. On the first day of departures, 65 buses carried 2,100 passengers, with an additional 1,900 travellers transported via 58 buses on the second day, as the city aims to ensure safe and comfortable travel during the festive period.

Interior Minister and other Cabinet officials attend coordination meeting at Defence Ministry building

Interior Minister Tito Karnavian and other senior government officials, including the Minister of Marine Affairs and Fisheries Sakti Wahyu Trenggono, attended a coordination meeting on the President's strategic programmes at the Defence Ministry building in Jakarta on Tuesday. The meeting was chaired by the State Secretary and was attended by multiple ministers and agency heads, though the specific agenda and reason for holding the meeting at the Defence Ministry remain unclear.

Lembah Anai Route Opened 24 Hours for West Sumatra Homecoming Traffic

Indonesia's Ministry of Public Works has confirmed preparations of national road networks in West Sumatra to handle the 2026 Eid homecoming rush, with the Padang–Bukittinggi corridor operating the Lembah Anai route around the clock during the exodus period. Public Works Minister Dody Hanggodo stated that all national roads in the region are targeted to be in optimal condition and pothole-free by Eid, with particular focus on disaster-affected areas including Lembah Anai, which is currently 44 per cent complete.

Torang IWIP Foundation Donates Solar Power Plants to Sumenep Communities

Tsingshan Group through the Torang IWIP Berbakti Foundation has donated two solar power plants (PLTS) equipped with battery storage systems (BESS) to communities in Sumenep Regency, East Java, expected to provide reliable electricity to approximately 2,000 households across two islands. The donation, which was formalised through an agreement signed on 13 March 2026 with the Sumenep Regency Government and PT PLN, aligns with Indonesia's vision of achieving energy self-sufficiency and expanding clean energy access to underserved areas.

Wuling Encourages EV Partners to Explore Free Nutritious Meal Programme

Wuling Motors is exploring opportunities for its commercial electric vehicle, Wuling Mitra EV, to support various operational needs, including distribution for Indonesia's Free Nutritious Meal Programme (MBG). The company is engaging with multiple potential partners across the private and government sectors, though no formal government orders have been received yet as discussions remain in the exploration and negotiation phase.

Indonesian Government Prepares Response to US Trade Investigation, Discusses Production Capacity and Forced Labour Concerns

The Indonesian government is preparing a coordinated response to a trade investigation launched by the United States Trade Representative under Section 301, focusing on production capacity and forced labour practices. Coordinating Minister for Economic Affairs Airlangga Hartarto will convene meetings with relevant ministries, business chambers, and industry associations to formulate the government's response, whilst also monitoring potential risks including additional tariffs, customs duties, and import quotas.

Korlantas Prepares Functional Toll Roads to Support Smooth Mudik Operations in 2026

Indonesia's Traffic Police (Korlantas) is deploying functional toll road segments across Java to manage congestion during the 2026 Ketupat Operation, the homecoming period for Eid al-Fitr, alongside traffic engineering measures such as contraflow and one-way systems. The force projects approximately 3.5 million vehicles will depart Jakarta towards Trans-Java routes and Sumatra, with several alternative routes prepared by the West Java Regional Police to mitigate traffic density on primary highways.

JSX Index Today 17 March 2026: Strengthening Awaits Interest Rate Direction

The Indonesian stock market's composite index (IHSG) opened stronger on 17 March 2026, gaining 0.75% to 7,074.61, as investors remain cautious ahead of key interest rate decisions from the Federal Reserve and Bank Indonesia. Market movement is expected to remain limited before the long holiday period, with investors concerned about geopolitical tensions in the Middle East, oil price volatility following the closure of the Hormuz Strait, and potential impacts on domestic inflation and fiscal deficits.

Prabowo on Expanding Budget Deficit: Last Resort Option

President Prabowo Subianto has indicated that loosening Indonesia's budget deficit ceiling beyond 3 per cent of GDP may be considered only as a last resort if global crude oil prices spike significantly due to escalating conflict in the Middle East. He reaffirmed the government's commitment to maintaining strict fiscal discipline and the 3 per cent deficit limit, which has been a cornerstone of Indonesia's fiscal credibility with investors since the 2000 Asian financial crisis.

Zakat Fitrah Amounts per Person in Jabodetabek for 2026: Here's the Breakdown by City

Indonesia's National Zakat Agency (BAZNAS) has set the zakat fitrah obligation at IDR 50,000 per person for Ramadhan 1447 Hijriah (2026 Eid al-Fitr), equivalent to 2.5 kilograms of premium rice, with fidyah (compensation) set at IDR 65,000 per person per day for those unable to fast. Regional BAZNAS offices in the Jabodetabek area have announced varying amounts depending on local rice prices, though the national standard serves as guidance for zakat collection and distribution before Eid prayers.

Three Indonesian Gold Miners Gain Global Index Inclusion; Foreign Investor Rush Expected?

Three Indonesian gold mining companies—PT Merdeka Gold Resources, PT Archi Indonesia, and PT J Resources Asia Pasifik—have been included in the Global Junior Gold Miners Index (GDXJ), effective 20 March 2026. The inclusion is expected to attract foreign investment flows, boost global visibility, increase liquidity, and strengthen Indonesia's position in the junior mining sector, with the three stocks surging notably on the announcement.

Surge in Mudik Mobility Anticipated This Year, AHY Assures Infrastructure Ready

The Indonesian government anticipates a surge in population mobility during the 2026 Lebaran mudik (homecoming) period, with projections exceeding 116,000 travellers heading to over 200 cities and regencies nationwide. Infrastructure and Transport Minister Agus Harimurti Yudhoyono stressed that all roads, highways, and transportation facilities must be in optimal condition, as surveys indicate potential movement reaching 143.9 million journeys with 52 per cent using private vehicles.

Crowded Pasar Senen Station Four Days Before Eid: Sitting on the Floor No Problem for Mudik Travellers

Pasar Senen railway station in Jakarta was severely congested four days before Eid al-Fitr as thousands of holiday travellers converged on the facility, forcing many to sit on the floor whilst awaiting their trains. Despite the cramped conditions, passengers preferred trains over other transport due to affordable fares, cleanliness, and reliability, with PT Kerai Api Indonesia recording 52,008 passengers on long-distance services and offering a 30 per cent discount on economy tickets during the peak migration period.

883 Accidents Throughout 2025; Government Tightens Service Standards for Jabodetabek Toll Roads

The Directorate General of Road Development under Indonesia's Public Works Ministry is implementing stricter oversight of toll road service standards (SPM) in the Jabodetabek region, focusing not only on road conditions but also on safety technology integration. With over 533 kilometres of toll roads managed by various operators in the region, compliance with service standards has become a prerequisite for toll operators to request periodic tariff adjustments, particularly to reduce the 883 accidents recorded in 2025.

Aipda Mariono: The Police Officer Driving Education in Rural Riau

Aipda Mariono, a community police officer (Bhabinkamtibmas) in Kuantan Singingi, Riau, has established remote primary school classes and an Islamic boarding school to provide education to children in transmigration settlements. Nominated for the Hoegeng Awards 2026 for his dedication, Mariono has also championed environmental initiatives and youth sports programmes, embodying grassroots community development in remote regions.

Pelni Denpasar dispatches 946 homebound passengers to NTB on H-4 Idul Fitri

PT Pelayaran Nasional Indonesia (Persero) Denpasar branch dispatched 946 homebound passengers from Benoa Port in Bali to Lembar and Bima in Nusa Tenggara Timur on four days before Idul Fitri 1447 Hijriah. The ferry service is operating with three Pelni vessels during the 2026 Lebaran period with increased capacity from 1,000 to 1,500 passengers per vessel, though Benoa Port projects a 40 per cent decline in homebound passenger numbers compared to the 2025 Lebaran period.

BMKG: Extreme Heat Weather in Jakarta Likely to Persist Until Eid al-Fitr

Indonesia's meteorological agency (BMKG) forecasts that extreme heat conditions in Jakarta will likely persist until mid-to-late March 2026, around Eid al-Fitr, with maximum temperatures reaching 35.6 degrees Celsius and ultraviolet radiation classified as "extreme hazard" level. The agency has advised residents to limit outdoor activities during peak sun hours (10:00 to 14:00 WIB) and recommended the use of high-SPF sunscreen and increased water intake to prevent heat-related illnesses.

SPPG Employee Dismissed After WhatsApp Post Criticising Public Ingratitude

An employee of the Nutrition Service Unit (SPPG) in Purbalingga has been dismissed after posting a WhatsApp status insulting members of the public for lacking gratitude, which subsequently spread across social media. Following public backlash and widespread online reaction, the employee issued an apology and was terminated from their position, with authorities also requiring them to produce a formal apology video.

Free Nutritious Meals Programme resumes in Batam from 31 March

Batam's Free Nutritious Meals Programme (MBG) will resume food distribution from 31 March 2026 following the Eid holiday break, according to the city's Nutrition Services Coordinator. The temporary suspension aligns with school holiday schedules, with distribution schedules varying by institution, and menu adjustments planned for Ramadhan featuring dried foods suitable for fasting students.

On Coal and Others, Prabowo: All of These Belong to the Nation, Not to Businesspeople

President Prabowo Subianto has reaffirmed that all of Indonesia's natural resources, including coal and other commodities, are the property of the Indonesian nation rather than private businesspeople. Whilst businesspeople are permitted to manage natural resources through business concessions, the government intends to prioritise domestic consumption before allowing exports of strategic commodities such as coal and palm oil.

Bomb Disposal Team Investigates Scene of Explosion at Jember Mosque

A mysterious explosion occurred at Masjid Raya Pesona in Jember, East Java during evening prayers on Monday, 16 March, causing structural damage to the mosque's roof but no fatalities. The Indonesian National Police's bomb disposal team and forensic laboratory conducted detailed scene investigations with heavy security on Tuesday morning, with one worshipper requiring hospital treatment for suspected hearing loss.

Airline Ticket Prices High for Eid Holiday Travel; Transport Minister to Review Online Travel Agents

The Transport Minister Dudy Purwagandhi has announced plans to evaluate online travel agents (OTAs) in response to high airfares during the 2026 Eid holiday exodus. Although the government has implemented stimulus measures including tax reductions and flight fee adjustments expected to lower ticket prices by 17-18 per cent, prices remain elevated, though some travellers have already received discounts of up to 20 per cent.

US-Israel Continue Destroying Military Bases, Here's How Iran's Missiles Can Still Be Launched

The United States and Israel claim their combined military operations against Iran have significantly degraded Tehran's missile and drone launch capacity, with Pentagon figures showing reductions of up to 90 per cent in missile launches and 86 per cent in drone attacks since the conflict began on 28 February. However, military experts warn that Iran retains sufficient capability to inflict significant damage on its adversaries, despite the dramatic decline in daily attack rates across the Gulf region and Israel.