Indonesian Political, Business & Finance News

Archive: 25 March 2026

Showing 1,001-1,194 of 1,194 articles

Post-Eid Holiday, Civil Servants Can Still WFA, Return to Office on This Date

Following the conclusion of the 2026 Eid al-Fitr holiday from 18-24 March, Indonesian civil servants (ASN) are permitted to continue working under a Work From Anywhere (WFA) policy for an additional three days until 27 March, with most expected to return to offices on 30 March. This flexible arrangement, outlined in a circular from the Minister of State Apparatus Empowerment and Bureaucratic Reform, aims to allow agencies to adjust operations while maintaining productivity. Officials highlight benefits including up to 20% savings in fuel consumption and boosted economic activity in tourism sectors.

Heavy Traffic in Both Directions, Eid Return Mobility Remains High

During the Eid al-Fitr return period from 21-23 March 2026, PT Jasamarga Transjawa Tol recorded significant increases in vehicle volumes on the Trans-Java toll road, with 133,091 vehicles heading to Jakarta via Cikampek Utama Gate, up 49.15% from normal levels, and 164,271 vehicles travelling eastward, up 93.27%. To manage the congestion, authorities implemented one-way traffic systems and offered a 23% toll discount on the Batang-Semarang section until 31 March, aiming to distribute traffic more evenly and ensure safer travel. This surge highlights the ongoing challenges in handling holiday mobility on Indonesia's key infrastructure, underscoring the need for effective traffic management strategies.

DPR: Don't Just Cut Salaries, Trim Government Programmes Too

The Chairman of DPR Commission II, Rifqinizamy Karsayuda, has urged the government to implement efficiency measures across various programmes in response to geopolitical uncertainties stemming from the US-Israel conflict with Iran, beyond merely cutting salaries of DPR members, ministers, and cabinet officials. He views President Prabowo Subianto's salary reduction plan as a positive signal to prepare for potential economic crises, emphasising the need for transparent and accountable budget allocation to ensure effective development outcomes without hindering public services. The government is also exploring fuel savings, including migrating to public transport and limiting official vehicle use, while affirming Indonesia's national fuel reserves remain secure.

Rupiah Exchange Rate on 25 March 2026: Weakens to Rp16,920 per US Dollar, Bank's Selling Rate Surpasses Rp17,000

The Indonesian rupiah weakened to Rp16,920 per US dollar on 25 March 2026, marking a 0.13% decline amid pressures from the US Federal Reserve's sustained high interest rates and escalating geopolitical tensions in the Middle East, which have driven up global oil prices. Domestically, concerns over a widening 2026 state budget deficit exceeding 3% and downgrades in sovereign debt ratings have exacerbated the depreciation, pushing bank selling rates above the psychological Rp17,000 threshold. Bank Indonesia is actively intervening in the market to stabilise the currency, with traders expected to remain cautious throughout the day.

OJK Affirms Solid Performance of State-Owned Banks Despite Rating Agencies' Outlook Revisions

The Financial Services Authority (OJK) has reassured that Indonesia's banking sector, including state-owned banks (Himbara), remains solid with positive growth, despite negative outlook revisions by international rating agencies like Moody's and Fitch. These revisions stem from a downgrade in Indonesia's sovereign credit outlook rather than fundamental weaknesses, with key indicators such as credit growth at 9.96% year-on-year, low non-performing loans at 2.14%, and strong capital adequacy ratios exceeding thresholds. OJK emphasises ongoing supervision to maintain stability amid global uncertainties, noting that banks' investment-grade ratings and domestic funding reliance limit external impacts, with potential for outlook recovery as economic prospects improve.

Antam Gold Buyback Price Drops Rp80,000 per Gram on 25 March 2026

The buyback price for Antam gold fell by Rp80,000 per gram to Rp2,480,000 on 25 March 2026, amid recent pressures on gold prices driven by global inflation and interest rate policies, widening the spread between buying and selling prices to around Rp363,000 per gram. Commodity expert Ibrahim Aswadi views this decline as an opportunity for long-term investors to accumulate assets, emphasising diversification between physical and digital gold, while remaining optimistic about a potential rebound in the near future. Gold continues to serve as a relevant hedging instrument against global economic uncertainties.

Gold Prices Today: Antam, UBS, and Galeri 24 Experience Declines

Gold bar prices sold by major Indonesian dealers, including Galeri 24, Antam, and UBS, have uniformly declined on Wednesday (25/3/2026), affecting all sizes from 0.5 grams to 1,000 grams. For instance, Galeri 24's 1-gram gold is now priced at Rp 2,838,000, down from Rp 2,849,000, while UBS's equivalent is Rp 2,852,000, reduced from Rp 2,862,000. This domestic correction mirrors the recent weakening of global gold prices, pressured by a strengthening US dollar and expectations of high interest rates.

Starting April, iPhone Can Accept Payments in Indonesia Without EDC Machines

Apple is launching its Apple Business platform in Indonesia on 14 April 2026, introducing the Tap to Pay feature that allows businesses to accept contactless payments directly on iPhones without additional EDC machines. This all-in-one service also streamlines operational management, including device setup and internal communications, potentially intensifying competition in the digital productivity market against giants like Google Workspace and Microsoft 365. The move underscores Apple's commitment to empowering businesses of all sizes with secure, integrated tools to enhance customer reach and efficiency.

Rupiah Weakens to Rp 16,920 Amid Strait of Hormuz Closure

The Indonesian rupiah weakened to Rp 16,920 per US dollar on Wednesday morning, a 0.13% decline influenced by the ongoing closure of the Strait of Hormuz, which has kept oil prices elevated and investor sentiment risk-averse. The blockade, triggered by US and Israeli operations against Iran, disrupts major oil exports from the Persian Gulf, with WTI at $88 per barrel and Brent at $98. While US President Trump reported productive dialogues potentially leading to de-escalation, Iranian officials dismissed these claims as fake news aimed at market manipulation.

The Phantom Traffic Phenomenon: Apparent Congestion on Toll Roads Without Cause

The phenomenon of "phantom traffic" causes unexpected slowdowns on Indonesian toll roads due to inconsistent driving behaviours, such as sudden braking and failure to maintain safe distances, leading to chain reactions that hinder traffic flow. According to Jakarta Defensive Driving Consulting's Training Director, Jusri Pulubuhu, this contradicts the purpose of toll roads designed for smooth vehicle movement, even in the absence of physical obstacles. Preventing it requires drivers to sustain steady speeds and avoid unnecessary braking, highlighting the need for better road user discipline to optimise infrastructure efficiency.

Pramono-Rano Holds Halalbihalal with Jakarta Provincial ASN at City Hall

Governor Pramono Anung and Deputy Governor Rano Karno of DKI Jakarta hosted a halalbihalal gathering at City Hall, attended by all employees of the provincial government. The event, observed on 25 March 2026, featured long queues of civil servants from various agencies shaking hands with the leaders and officials, followed by collecting gift packages and group photos. This marks the first working day for Jakarta's ASN after the 2026 Eid al-Fitr holiday break, fostering post-festive camaraderie in the administration.

Office Work Only 3 Days, BKN Head: Saves Fuel - Boosts Productivity

The Head of the National Civil Service Agency (BKN), Zudan Arif Fakrulloh, has highlighted the benefits of implementing a hybrid work policy at BKN, where staff work from the office only three days a week, leading to significant savings on transportation costs like fuel and tolls, as well as improved efficiency and productivity. This model, supported by full digitalisation of services and a daily E-Performance system, has inspired other public institutions to adopt similar approaches. The Indonesian government is now formulating a broader policy for one day of work-from-home per week post-Eid 2026 holidays, aimed at enhancing work efficiency and reducing fuel consumption amid global tensions, while excluding sectors directly involved in public services.

OJK Board of Commissioners to Take Oath of Office This Afternoon

The Board of Commissioners of the Financial Services Authority (OJK) is scheduled to take their oath of office this afternoon at the Supreme Court in Jakarta, marking the official appointment of key leaders in Indonesia's financial regulatory body. Approved by the House of Representatives' Commission XI following a fit and proper test, the appointees include Friderica Widyasari Dewi as Chair, Hernawan Bekti Sasongko as Vice Chair, and several executive heads overseeing market supervision, financial technology innovation, and consumer protection. This development strengthens OJK's leadership to enhance oversight of the financial sector, including emerging areas like digital assets and cryptocurrencies, amid ongoing economic challenges.

OJK Affirms that National Banking Fundamentals and State-Owned Banks Remain Solid

The Financial Services Authority (OJK) has reassured that the national banking industry, including state-owned banks (Himbara), continues to perform solidly with positive growth, despite recent negative outlook revisions by international rating agencies Moody's and Fitch. These revisions stem from Indonesia's sovereign credit rating downgrade and global macroeconomic dynamics rather than inherent banking weaknesses, with key indicators like capital adequacy ratios exceeding 20% and liquidity coverage ratios at nearly 198%. OJK, in coordination with the Financial System Stability Committee, is committed to ongoing supervision to maintain financial stability amid economic challenges.

JCI Rebounds After Eid Holiday, Up 1.01% to 7,178 Level

The Jakarta Composite Index (JCI) opened higher on Wednesday, rising 1.01% or 72.10 points to 7,178.94, following the long Eid al-Fitr holiday break. This technical rebound is attributed to positive global sentiments, including strengthening US and Asian markets amid easing geopolitical tensions and stabilising energy prices, alongside historical patterns of fund inflows post-holiday profit-taking. Analysts predict limited gains within a consolidation phase, with potential tests of resistance at 7,150-7,200 and support at 7,000, while investors remain cautious pending clarity on global interest rate policies and commodity dynamics.

Furniture China Launches Historic Edition in 2026: Design Creating Business Opportunities

Furniture China, Asia's leading furniture industry exhibition, is set to launch a historic edition from 7 to 11 September 2026 in Shanghai, expanding to 350,000 square metres and introducing new categories such as outdoor and commercial contract furniture to drive international business opportunities. Co-located with Maison Shanghai, which will focus on design innovations in kitchen, bath, and smart home products under the theme "Design ∞", the events aim to anticipate industry dynamics, boost export trade, and foster global networking. With 90% of major exhibitors, including international brands like Ashley and AICO, already rebooking, the edition underscores strong industry confidence and strategic advancements in supply chains.

Starting from a Hobby in Cooking and Travelling, Yummy Craft Products Grow with BRI

Yummy Craft, a creative UMKM business founded in 2022, has developed unique craft products inspired by Indonesian culinary diversity, evolving from personal hobbies into a venture that promotes cultural education through functional designs like foldable bags and sustainable items from gebang leaves. The business has expanded its market from domestic locations such as Jakarta and Bali to international buyers in Japan, overcoming challenges in market reach with support from BRI's LinkUMKM programme. BRI's platform, utilised by nearly 15 million UMKM by 2025, provides integrated training and market access tools, enabling entrepreneurs like Yummy Craft's founder to enhance skills and achieve global potential.

Everyone Seeking Safety, Indian Giant Suddenly Buys Up Iranian Oil

Reliance Industries, India's energy giant, has purchased 5 million barrels of Iranian crude oil shortly after the US temporarily lifted sanctions, marking the first such major transaction since 2019. This move comes amid global efforts to secure oil supplies, with Indian refineries also accumulating Russian oil under recent exemptions, highlighting the fluid dynamics of international energy trade. While other Asian refineries are considering similar purchases, China's Sinopec has no plans to engage, underscoring varying responses to the sanction relief.

Acid Attack on KontraS Activist Deepens Fears Over Indonesia’s Military Turn

The acid attack on KontraS deputy coordinator Andrie Yunus has led to the detention of four military intelligence personnel, raising serious concerns about the independence of the investigation and the potential for military self-policing in a case involving an attack on a government critic. Activists and Human Rights Watch are calling for an independent fact-finding team under President Prabowo Subianto, amid fears that the incident reflects broader remilitarization efforts, including recent expansions of military roles in civilian institutions, and a chilling climate of intimidation against dissent. This case serves as a critical test for Indonesia's democratic commitments, highlighting tensions between civilian oversight and resurgent military influence in Southeast Asia's largest democracy.

Rupiah weakens as Strait of Hormuz remains closed

The Indonesian rupiah opened weaker on Wednesday, depreciating by 22 points to Rp16,920 per US dollar, amid ongoing global risk-off sentiment driven by the closure of the Strait of Hormuz and elevated oil prices. Analysts attribute the currency's decline to heightened investor caution over the blockade, which disrupts key oil exports from the Persian Gulf, with WTI at $88 per barrel and Brent at $98 per barrel. While hopes for de-escalation in the US-Israel-Iran conflict emerge from reported US proposals, Iranian officials have dismissed negotiation rumours as market manipulation, underscoring persistent geopolitical tensions affecting financial markets.

Maybrat Regency Government and TNI-Polri Distribute Food Aid Post-Shooting Incident

The Maybrat Regency Government, in collaboration with TNI and Polri, has distributed food aid including rice and drinking water to residents in Sori Village, South Aifat District, following a shooting incident that killed two Indonesian Navy personnel. Bupati Karel Murafer emphasised the shared responsibility for security to ensure smooth development and urged the community to support local authorities and security forces in maintaining stability. Coordination meetings with community leaders and church representatives have been held to reassure residents and keep the situation conducive after the attack on 22 March.

Iran Allows 'Non-Hostile' Ships to Pass Through the Strait of Hormuz

Iran has reaffirmed that non-hostile ships can safely traverse the Strait of Hormuz provided they refrain from aggressive actions against Tehran and comply with safety regulations, amid escalating tensions following a major US-Israel attack on Iran that killed over 1,340 people, including Supreme Leader Ayatollah Ali Khamenei. In retaliation, Iran launched missile and drone strikes on Israeli targets and US assets in Gulf states, resulting in 13 American soldier deaths and 290 injuries. The ongoing conflict has restricted passage through the vital strait, through which 20 million barrels of oil typically flow daily, causing global shipping disruptions and surging oil prices.

Government Explanation on WFH Schedule for Civil Servants

The Indonesian government is finalising regulations for a one-day work-from-home policy for civil servants to conserve fuel amid rising global oil prices triggered by international conflicts, with implementation set to begin after the 2026 Eid al-Fitr holiday on Fridays. Minister Rini Widyantini emphasised that the policy will be flexible and context-specific, prioritising essential public services, while drawing on existing presidential and ministerial regulations. Energy economist Fahmy Radhi warns that without enforcement mechanisms, the measure may fail to significantly reduce fuel consumption and could harm sectors like transportation and small businesses reliant on office workers.

Singapore Monetary Policy: MAS May Tighten as Inflation Pressures Rise

Economists anticipate that the Monetary Authority of Singapore (MAS) will tighten monetary policy in April 2026 due to surging global energy prices from the Middle East conflict, which are driving up import costs and domestic inflation. Current inflation forecasts of 1 to 2 per cent may be revised upwards as rising fuel, electricity, transport, and food prices create broad-based pressures, with strong consumption adding to the momentum. MAS could steepen the slope of the Singapore dollar's exchange rate band or take more aggressive measures to maintain price stability amid these global uncertainties.

Lebaran Return Traffic Surges, Land and Air Routes See Increases

The return flow of vehicles and passengers to Jakarta and other major cities is intensifying following the end of the 2026 Lebaran holiday, with significant surges observed across toll roads, arterial routes, trains, and flights. PT Jasamarga reports that 85,453 vehicles passed through the Cikampek Utama Toll Gate by Tuesday night (24/3), with cumulative figures reaching 1.7 million vehicles returning to the Jabotabek area from H-10 to H+2 of Lebaran. Authorities anticipate peak traffic on 24, 28, and 29 March, prompting traffic management measures like one-way systems and contraflow to ensure smoother movement, highlighting the critical role of transportation infrastructure in handling post-holiday mobility.

Route Through Rice Fields to Purwomartani Toll Gate Removed from Maps After Misleading Holidaymakers

Toll road managers have removed a navigation route leading through rice fields to the Purwomartani toll gate from apps like Google Maps following incidents where drivers, including holidaymakers, became lost on 24 March. The company PT Jasamarga Jogja Solo has installed additional signage and stationed personnel to guide drivers towards the main arterial route via the Jogja-Solo road to prevent further confusion and ensure safer access. This action addresses the challenges of heavy traffic during peak travel periods, highlighting the need for accurate digital navigation in Indonesia's expanding toll network.

Applause! After Holiday Break, Rupiah Becomes Asia's King Today

The Indonesian rupiah led gains among Asian currencies against the US dollar on Wednesday morning, strengthening by 0.47% to Rp16,895 per dollar following the Lebaran holiday, amid a broader weakening of the greenback due to US-Iran negotiation reports. While other Asian currencies like the Taiwanese dollar and Indian rupee also appreciated, the Thai baht and Philippine peso declined, reflecting market caution over geopolitical tensions despite hopes for de-escalation. Falling oil prices and the US Federal Reserve's stance on sustained high interest rates further influenced global sentiment, providing some relief from inflation fears.

Indonesia International Financial Innovation Summit 2026 Focuses on Cross-Border Collaboration

The Indonesian digital payment company Cahaya is promoting strengthened Indonesia-China collaboration through the Indonesia International Financial Innovation Summit 2026, emphasising the integration of technological capabilities with localisation to meet domestic market needs in payment systems and business digitalisation. The partnership, supported by firms like Lakala and Meituan, aims to develop integrated payment systems, including cross-border transactions, enhance operational efficiency for businesses, expand digital financial access for the unbanked, and drive SME digital transformation. Cahaya will launch an AI-based SaaS business system product at the summit on 31 March 2026 in Surabaya, bringing together fintech players, investors, companies, and policymakers from both nations to foster opportunities in the digital economy.

Breaking: IHSG Surges Over 1% Approaching 7,200 Level

Indonesia's Composite Stock Price Index (IHSG) rebounded sharply by more than 1% on Wednesday morning, reaching 7,181.65 after opening lower, driven by strong buying in major banking stocks like BBCA, BBRI, BMRI, and BBNI. This upturn follows a challenging Ramadan period for investors and occurs amid key global economic data releases and positive Asian market sentiment influenced by US-Iran negotiation hints from President Trump, despite ongoing oil price volatility.

Apple Business Launches in Indonesia, Set to Challenge Google Workspace and Microsoft 365

Apple has officially launched its Apple Business platform in Indonesia as part of a global rollout across over 200 countries and regions, available for free starting 14 April 2026. The all-in-one solution enables businesses to manage devices, employees, and communications within a unified ecosystem, directly competing with Google Workspace and Microsoft 365, and targets small and medium-sized enterprises with practical operational tools. Features like custom business emails, integrated calendars, secure employee accounts, and easy device setup via Blueprints enhance efficiency and security, while integration with Apple Maps allows businesses to promote their profiles to customers.

It Turns Out That "TOLL" Road Is an Acronym – Here's What It Stands For

The term "tol" in Indonesian toll roads is an acronym for "tax on location," referring to the fee collected at specific points along the route, overseen by the Toll Road Regulatory Agency (BPJT) to enhance national connectivity and transport efficiency. Indonesia's toll road system began in 1978 with the 59 km Jagorawi Toll Road, and has evolved with technologies like cashless payments and the upcoming Multi-Lane Free Flow (MLFF) system to reduce congestion. Major conglomerates such as the Salim Group and Jusuf Hamka's PT Citra Marga Nusaphala Persada Tbk. (CMNP), Indonesia's first private toll road operator, dominate the lucrative sector, owning strategic routes around Greater Jakarta.

Pasuruan North Coast Route Normal Again After Flood Paralysis

Flooding caused by heavy rain has subsided in Pasuruan, East Java, restoring normal traffic on the north coast route that had been inundated since Tuesday night, severely impacting travel between Gempol and Bangil as well as Jalan Ir Juanda. Dozens of villages and sub-districts in Pasuruan Regency and City were submerged, with water levels reaching up to adult chest height in the worst areas, leading to total traffic jams during the return flow of holidaymakers. Authorities from the regional transportation agency and disaster management teams are conducting clean-up operations to clear mud and debris, highlighting vulnerabilities in local infrastructure amid extreme weather.

DJP: CoreTax Activation Reaches 16.7 Million and 8.8 Million Annual Tax Returns as of 24 March

The Directorate General of Taxes (DJP) has reported that 16.7 million taxpayers have activated their CoreTax accounts, with 8.8 million annual tax returns (SPT) filed as of 24 March 2026, covering both standard fiscal years and differing fiscal periods. This progress highlights the increasing adoption of the digital CoreTax system, which facilitates self-activation and reporting, supported by tutorials, helplines, and in-person assistance at tax offices. DJP urges timely compliance to avoid administrative penalties of Rp100,000 for individuals and Rp1 million for entities, underscoring efforts to modernise tax administration and boost revenue collection efficiency.

IDX Locks Trading of Magran Living (MGLV) and PTDU Shares

The Indonesia Stock Exchange (IDX) has suspended trading of shares in PT Panca Anugerah Wisesa Tbk (MGLV), a luxury household products issuer, due to significant cumulative price increases, with the stock up 113.64% year-to-date at IDR 4,700. Separately, shares in construction firm PT Djasa Ubersakti Tbk (PTDU) have been suspended for failing to provide requested disclosures and amid uncertainties about business continuity, following issues like cancellation of an extraordinary shareholders' meeting and delayed annual listing fees, with the stock down 38.05% year-to-date at IDR 70. These actions underscore the IDX's regulatory efforts to ensure market transparency and stability amid volatile trading conditions.

Indonesia pushes for WTO reform at Ministerial Conference in Cameroon

Indonesia is actively advocating for WTO reforms and the restoration of its dispute settlement system to ensure legal certainty for all members during the 14th Ministerial Conference scheduled for 26-29 March 2026 in Yaoundé, Cameroon. Key priorities include addressing fisheries subsidies, agriculture, e-commerce, and special treatment for developing countries, with a focus on supporting small farmers and fishers amid global challenges like climate change. This participation underscores Indonesia's commitment to a fair, inclusive multilateral trading system that addresses digital divides and food security needs of developing nations.

Australia and Singapore Move to Protect Oil Trade as Middle East War Disrupts Supply Routes

Australia and Singapore have agreed to enhance energy security cooperation in response to the Middle East war's disruption of oil shipments through the Strait of Hormuz, which has slashed flows to under 10% of pre-conflict levels, threatening fuel supplies across the Asia-Pacific. In a joint statement following a phone call between Prime Ministers Anthony Albanese and Lawrence Wong, the nations pledged to strengthen supply chain resilience, consult on disruptions, and advance negotiations on trade arrangements for essential energy supplies like diesel and LNG. This move underscores growing geopolitical interdependence in energy diplomacy, potentially influencing trade flows and pricing in Southeast Asia, including Indonesia, amid fears of prolonged supply shocks and rising costs.

Batam Wildfires Threaten Power Supply and Reduce Visibility Near Airport

Forest fires in Batam have spread perilously close to the Batu Besar electricity substation, endangering the power supply to thousands of homes and industrial areas, while haze from the blazes has temporarily impaired visibility at Hang Nadim International Airport. Officials report a sharp increase in fire incidents this year, with 47 cases in January and February 2026 alone, exacerbated by an anticipated drier and longer dry season according to BMKG forecasts. This situation underscores the growing vulnerability of critical infrastructure to environmental hazards in Indonesia, potentially disrupting regional economic activities and cross-border relations with Singapore.

Indonesia QRIS Expansion: South Korea Launch Set for April 2026

Bank Indonesia has announced the launch of QRIS transactions in South Korea in April 2026, enabling seamless cross-border payments for Indonesian users and boosting financial connectivity between the two nations. This initiative, built on a bilateral agreement and the Local Currency Transaction framework, aims to enhance tourism, reduce foreign exchange costs, and stimulate economic activity in trade and consumption. The expansion underscores Indonesia's push towards interconnected digital payment systems in Asia, promoting regional growth and cashless adoption.

Floodwaters Recede, Pantura Route in Pasuruan Passable Again This Morning

Heavy rains overnight caused flooding along the Pantura route in Pasuruan, submerging sections in Desa Beji and Jalan Ir Juanda, leading to road closures and traffic diversions. By Wednesday morning, the floodwaters had receded, allowing vehicles to pass again, while local authorities continue cleanup efforts. This incident highlights the vulnerability of key transport infrastructure to extreme weather in East Java, potentially impacting regional connectivity and economy.

IKN Surrounded by Indonesian Citizens During Eid Holiday, Its Appearance Unexpected

During the Eid al-Fitr holiday, Indonesia's new capital city, IKN (Nusantara), experienced an influx of visitors, leading to long queues of vehicles and a vibrant atmosphere of family gatherings and social interactions. Images shared on social media highlight how the developing city transformed into a dynamic social space, fostering meaningful connections and creating lasting memories for participants. This unexpected surge underscores the growing appeal of IKN as a hub for national festivities, even in its early stages of development.

How Much Does It Cost to Split a Land Certificate?

Splitting a land certificate in Indonesia is a common procedure for inheritance, sales, or family asset division, and the costs are relatively affordable when processed directly through the National Land Agency (BPN). For a 100 square metre non-agricultural plot in Jakarta divided into two sections, the total fee amounts to Rp 348,000, comprising Rp 248,000 for measurement and Rp 100,000 for registration. The process, which takes about 15 working days, involves submitting documents, payment, on-site measurement, and issuance of new certificates, highlighting the accessibility of land administration services under the Ministry of Agrarian Affairs and Spatial Planning.

BNI Sekuritas Offers SR024 Sharia Retail Government Sukuk Investment

PT BNI Sekuritas is offering the SR024 Sharia Retail Government Sukuk (SBN Syariah) as a halal investment option compliant with Islamic principles, available through the New BIONS app from 6 March to 15 April 2026. The sukuk comes in two tenors—three years at 5.55% annual coupon and five years at 5.90%—with principal and coupon guarantees by the state, minimum investment of Rp1 million, and tradability on the secondary market. This initiative supports national economic growth and the development of the Islamic financial market, providing investors with a safe avenue for portfolio diversification and asset value stability.

Taiwanese Insurance Companies Predicted to Face Volatility as Middle East War Continues

S&P Global Ratings anticipates short-term volatility in the valuations of Middle Eastern investments held by Taiwanese life insurance companies due to the ongoing war, though losses are expected to be manageable under a base scenario where the conflict ends within weeks. The sector's combined exposure to the region stood at US$55 billion by the end of 2025, primarily in high-rated bonds, representing 4.1% of invested assets, with stress tests indicating sufficient capital buffers to absorb potential declines of up to 15%. A prolonged conflict could heighten revenue volatility and gradually erode these buffers, amid uncertainties over its broader economic impacts.

1.7 Million Vehicles Have Returned to Jabodetabek

Approximately 1.7 million vehicles have returned to the Jabodetabek area via toll roads managed by PT Jasa Marga during the Eid al-Fitr 1447 H/2026 holiday period from 11-23 March 2026, representing 50.16% of the projected total of 3.39 million vehicles expected by 31 March. Traffic is dominated by flows from the east (Trans Java and Bandung), accounting for 40.9% of the total, with Jasa Marga anticipating further increases during peak return periods on 24, 28, and 29 March and recommending flexible scheduling and utilisation of toll discounts to ease congestion. The company's enhancements to toll services and 24-hour preparedness underscore efforts to ensure safe and efficient travel amid the post-holiday influx.

Ministry of Transportation Inspects 60,946 Buses, Thousands Deemed Unfit for Operation

The Directorate General of Land Transportation under Indonesia's Ministry of Transportation conducted safety inspections on 60,946 buses during the 2026 Eid al-Fitr transportation period, revealing that 7,131 units—11.70%—were prohibited from operating due to major technical violations. Of the inspected vehicles, 63.59% were cleared for operation, while checks on 683 drivers found 92.83% fit to drive, with only nine deemed unfit. This initiative underscores the government's efforts to enhance road safety amid high holiday traffic volumes, particularly on routes to popular destinations like Puncak and Sukabumi.

Holiday Travellers Stray into Rice Fields, Alternative Route to Purwomartani Toll Gate Removed

PT Jasamarga Jogja-Solo has removed the alternative route to the Purwomartani Toll Gate from digital navigation apps after numerous holiday travellers became lost in rice fields since Sunday. The company is increasing personnel and signage to direct drivers solely via the Yogyakarta-Solo road to prevent further incidents, while reporting no accidents on the Yogyakarta-Solo toll functional route up to three days after Eid. This measure addresses the confusion caused by the temporary toll gate, operational for the 2026 Eid return flow, which has led to hundreds or thousands of vehicles navigating through rural paths and construction zones.

New Profession: Closing Taxi Doors, Earnings Reach Rp 400,000

Waymo, Alphabet's autonomous taxi service, is tackling a novel issue where passengers leave vehicle doors open, hindering operations, by hiring DoorDash and Honk workers in Atlanta to close them for payments up to US$24 (Rp 400,000). This highlights the limitations of self-driving technology in everyday scenarios, requiring human intervention, as evidenced by Waymo's reliance on remote human operators worldwide, including in the Philippines. Despite its US$126 billion valuation and expansion plans to cities like London, Waymo's 'Other Bets' division reported a US$7.5 billion loss last year, underscoring the challenges in scaling autonomous transport.

IHSG Opens Weaker but Reverses to Strengthen at 7,119

The Jakarta Composite Index (IHSG) opened lower at 7,084.62 on Wednesday but quickly reversed course to close higher at 7,119.74, up 0.18%, amid dominant gains in green-zone stocks and positive movements in key sub-indices like LQ45 and JII. Market analysts project a limited technical rebound following the Nyepi and Eid holidays, influenced by global sentiments and domestic seasonal factors, with potential resistance around 7,150–7,200.

Lebaran Return Traffic: 1.7 Million Vehicles Already Back in Jabotabek

PT Jasa Marga (Persero) Tbk has recorded 1.7 million vehicles returning to the Jabotabek region during the Lebaran holiday period from 11 to 23 March 2026, representing 50.16% of the projected total of 3.39 million vehicles. Traffic volumes from major toll gates showed variations, with significant increases on the return day (H+2) and overall figures below normal levels in some directions, prompting Jasa Marga to optimise services and advise drivers on safe travel. This data highlights the scale of post-holiday mobility in Indonesia and the role of state-owned infrastructure firms in managing it.

ADB Prepares Aid Package for Iran Conflict Effects for Asia-Pacific Countries

The Asian Development Bank (ADB) is preparing a financial support package to assist developing member countries in the Asia-Pacific region in maintaining stability amid economic and financial impacts from the Middle East conflict. This includes rapid budget support and trade finance to secure imports of essential goods such as oil, leveraging ADB's countercyclical lending reserves. The initiative addresses disruptions in shipping routes, energy price volatility, inflation pressures, and vulnerabilities in tourism and remittances, aiming to bolster macroeconomic stability and protect vulnerable populations.

Gold Prices Plunge, ANTM Shares Open Down 3.73%

Shares of PT Aneka Tambang Tbk (ANTM) opened sharply lower by 3.73% at Rp 3,610 on the Indonesia Stock Exchange, mirroring a decline in global gold prices amid expectations of higher interest rates and Middle East geopolitical tensions. Investment specialist Ahmad Faris Mu’tashim noted that the 18% drop in gold prices since the Eid al-Fitr holiday could lead to a short-term gap down for gold sector stocks, though fundamentals remain supported by earnings from the late 2025 rally reflected in Q4 2025 and Q1 2026 reports. The negative impact of the current correction is not expected to affect earnings until Q2 2026.

JCI Potentially Volatile Amid Market Focus on US-Iran Developments

The Jakarta Composite Index (JCI) opened lower on Wednesday, potentially weakening further to test support levels between 6,800 and 7,000, as investors monitor the escalating US-Iran tensions and their global repercussions. Bank Indonesia has tightened foreign exchange regulations by lowering the documentation threshold for US dollar purchases to $50,000 to curb speculation and stabilise the rupiah, while also raising hedging limits for corporations. Amid rising oil prices, the government is reviewing budget efficiencies and work-from-home policies to manage fiscal discipline and fuel consumption.

iPad 12 Set to Launch End of 2026, Bringing Apple Intelligence to Affordable Tablets

Apple is reportedly developing the iPad 12, slated for release by the end of 2026, aimed at the entry-level market to democratise access to its Apple Intelligence features and the latest Siri. The device is expected to feature the A18 chip from the iPhone 16, 8GB of RAM as standard, and an upgraded base storage of 256GB, while retaining the iconic design and Liquid Retina display of its predecessor. This strategic move underscores Apple's commitment to integrating advanced AI capabilities across its product lineup, potentially boosting sales in the competitive tablet segment.

Long Queues as DKI Civil Servants Enthusiastically Join Halalbihalal at City Hall

Civil servants from the DKI Jakarta Provincial Government formed long queues at City Hall for the halalbihalal event following the Eid al-Fitr holiday break, demonstrating high enthusiasm despite the wait. The event, starting at 9:00 AM, saw participants lining up from as early as 7:30 AM, extending from the pendopo area through corridors to the DKI DPRD premises, all dressed in matching white-and-black uniforms. Attendees like Maulana, Rina, and Dedi expressed that the annual gathering fosters direct interaction with leadership and reconnection with colleagues, making the orderly wait feel warm and worthwhile amid the lingering Eid spirit.

21,000 Vehicles Short on Toll Balance: Don't Forget to Top Up

PT Jasa Marga has urged motorists returning to Jabotabek during the 2026 Lebaran period to ensure sufficient e-toll balances to avoid traffic disruptions, following an incident where 21,000 vehicles ran short at the Kalikangkung toll gate. The company highlights potential delays at key points like Cikampek Utama and recommends minimum top-ups of Rp500,000 for Semarang-Jakarta trips and Rp1,000,000 for Surabaya-Jakarta routes. Various digital methods for topping up e-toll cards are outlined to facilitate smooth travel on Indonesia's toll roads.

Indodax: BTC Proves Resilience Amid Global Market Uncertainty

Bitcoin has demonstrated remarkable resilience, rising approximately 12% over the past 60 days to trade between $70,000 and $71,000, even as Middle East conflicts escalate global financial uncertainty. In contrast, the S&P 500 has declined by about 4%, and gold prices have corrected by up to 16%, marking the largest drop since 1983. Indodax's Vice President highlights Bitcoin's appeal as a decentralised hedge, urging investors to manage risks carefully amid ongoing market volatility.

Good News! Antam Gold Price Rises by Rp7,000 Today

The price of Antam gold in Indonesia has risen by Rp7,000 to Rp2,850,000 per gram, breaking a five-day downward trend following a day of stagnation. The buyback price also increased by Rp27,000 to Rp2,507,000 per gram, supported by a global gold price recovery to US$4,504.49 per troy ounce amid easing tensions in the Middle East. This uptick signals potential stabilisation after a prolonged decline, offering positive sentiment for investors in precious metals.

Transport Minister Dudy and Cabinet Secretary Teddy Directly Inspect Return Flow at Pulo Gebang Terminal in Jakarta

Transport Minister Dudy Purwagandhi and Cabinet Secretary Teddy Indra Wijaya monitored the Eid al-Fitr return flow at the integrated Pulo Gebang Bus Terminal in East Jakarta early on 25 March 2026, to ensure safe, orderly, and smooth operations. The minister predicted peak land transport return flows on 24-25 March, with another increase on 28-29 March. Teddy praised the collaboration between the Ministry of Transport and the police for facilitating the government's expectations during the peak period.

Between Five and Six Days

In Mataram, West Nusa Tenggara, a debate over school days highlights contrasting policies: public schools trialling a five-day week with longer hours since January 2026, while madrasahs reverted to six days in mid-February 2026. The city government plans to make the five-day system permanent from the 2026/2027 academic year, amid concerns over student physical and mental readiness without creative teaching methods. This divergence underscores the complexities in balancing educational effectiveness, student well-being, and systemic adaptability in Indonesia's evolving education landscape.

Airlangga Leads Virtual Coordination Meeting via Zoom, Discusses Energy Policies and Stimulus

Coordinating Minister for the Economy Airlangga Hartarto chaired a virtual inter-ministerial coordination meeting via Zoom, attended by key cabinet members including the Ministers of Home Affairs, State Secretary, Finance, Investment, and Education. The meeting focused on policy plans for adjusting the energy sector to ensure economic stability and sustainability, alongside discussions on economic stimulus measures, with strategic views shared for policy formulation. In response to recent dynamics, the government is refining policies such as implementing one day of work-from-home (WFH) per week for civil servants and private sectors not involved in public services.

Preparing for "dual listing", Merdeka Gold (EMAS) applies for IPO in Hong Kong

PT Merdeka Gold Resources Tbk (EMAS) has submitted a listing application to the Hong Kong Stock Exchange (HKEX) as part of its strategy to expand access to international capital markets following its initial public offering on the Indonesia Stock Exchange in September 2025. The company, which operates the Pani Gold Mine in Gorontalo, Indonesia, achieved its first gold pour in February 2026 and completed its initial gold sale to PT Aneka Tambang Tbk (ANTM) in March 2026, marking the start of commercial production. This move underscores EMAS's focus on enhancing safe operations and delivering long-term value, with the Pani mine projected to become one of Asia's top primary gold producers by 2030.

Second TNI AU Airbus A400M Aircraft Set to Arrive in Indonesia Soon

The second Airbus A400M transport aircraft ordered by Indonesia's Ministry of Defence for the Indonesian Air Force has departed from Sevilla, Spain, and is en route to Jakarta via a route over Canada and the Pacific Ocean, avoiding conflict zones. This follows a different path from the first aircraft due to ongoing wars. The plane is expected to arrive by the end of March, enhancing the TNI AU's largest transport capabilities, though no exact date has been confirmed.

OpenAI Officially Halts Sora Service, Shifts Focus to Robotics Research

OpenAI has unexpectedly announced the shutdown of its viral video generation app Sora to redirect resources towards robotics research and real-world simulations, citing high computational demands and strategic priorities. The decision impacts partnerships like the one with Disney and addresses criticisms over copyright issues and misinformation. This move aligns with OpenAI's pivot from fragmented consumer products to business-oriented solutions amid fierce competition from rivals like Anthropic and Google.

Breaking! Rupiah Opens Stronger by 0.74%, US Dollar Falls to Rp16,850

The Indonesian rupiah opened stronger against the US dollar by 0.74% at Rp16,850 per dollar on the first trading day after the long Eid holiday, continuing its previous upward momentum. This appreciation is influenced by external factors, including US efforts to end the war with Iran and a weakening US dollar index amid stabilising oil prices, though uncertainties persist due to ongoing geopolitical tensions and the Federal Reserve's cautious stance on interest rates. The movement highlights the rupiah's sensitivity to global sentiments, with potential limitations to further gains as markets remain in a wait-and-see mode.

Digital Payment Platform Cahaya Prepares to Host Indonesia's Digital Financial Innovation Summit 2026 in Surabaya

PT Cahaya Bisnis Digital, a digital payment and digitisation services platform, is set to host the Indonesia International Digital Financial Innovation Summit 2026 on 31 March 2026 at The Westin Surabaya hotel in East Java. The event will bring together fintech leaders, investment institutions, companies, and policy experts from China and Indonesia to discuss Southeast Asian digital economy trends, cross-border payment systems, and digital transformation strategies for SMEs. It will also feature the global launch of Cahaya's AI-based SaaS smart business system, developed through Sino-Indonesian collaboration, aiming to enhance digital integration and reach underserved populations and SMEs in Indonesia.

IHSG Opens in Red Zone, Diverging from Other Asian Markets

The Indonesian Composite Stock Price Index (IHSG) opened lower on Wednesday, declining 0.31% to 7,084, contrasting with gains in other Asian markets buoyed by US President Donald Trump's comments on potential negotiations with Iran. Trading volume reached Rp 1.23 trillion amid a shortened week following holidays, with investors eyeing key global indicators like US consumer sentiment and employment data that could influence regional markets. This downturn follows a challenging Ramadan period for the IHSG, highlighting ongoing volatility in emerging markets.

Regarding One-Day WFH, DPR Member Warns of Its Impact on Ride-Hailing and SMEs

A member of the Indonesian House of Representatives from the PAN faction has cautioned the government against implementing a one-day-per-week work-from-home (WFH) policy for civil servants and private sector workers, highlighting its potential domino effect on reducing mobility and adversely affecting small and medium-sized enterprises (SMEs), online ride-hailing drivers, and small vendors reliant on office workers. While acknowledging WFH as an effective short-term measure to curb fuel consumption amid global oil price fluctuations, the lawmaker stressed that it is not a viable long-term solution and urged a holistic approach to policy-making to avoid impacting productivity in sectors unsuitable for remote work. The government has clarified that the policy would apply only to specific fields amenable to remote operations.

Antam Gold Price Rises by Rp7,000 to Rp2.85 Million per Gram on Wednesday

The price of Antam gold in Jakarta rose by Rp7,000 to Rp2.85 million per gram on Wednesday morning, with the buyback price also increasing to Rp2.507 million per gram. This adjustment reflects ongoing fluctuations in the precious metals market, and transactions are subject to specific tax deductions as per Indonesian regulations, including PPh Pasal 22 rates of 0.45% for NPWP holders and 0.9% for non-holders on purchases, and 1.5% or 3% on buybacks exceeding Rp10 million. The update includes detailed pricing for various gold bar denominations from 0.5 to 1,000 grams, highlighting accessibility for investors amid economic uncertainties.

Three Directors of Merdeka Gold Resources (EMAS) Resign Simultaneously, What's Going On?

PT Merdeka Gold Resources Tbk (EMAS), a gold mining company, has announced the simultaneous resignation of three directors—Albert Saputro, David Thomas Fowler, and Adi Adriansyah Sjoekri—submitted on 18 March 2026, with the move pending approval at a shareholders' meeting. This development follows closely after the company's milestone first gold pour at the Pani Gold Mine in Gorontalo on 14 February 2026, marking the start of commercial gold production via heap leaching and ADR processes. The resignations raise questions about internal dynamics at the subsidiary of PT Merdeka Copper Gold Tbk (MDKA), whose shares were trading at Rp 9,500 with a market capitalisation of Rp 132.64 trillion as of 17 March 2026.

Psychologist Highlights Dangers of Gadget Addiction, PP Tunas Serves as Additional Protection

Psychologists and parents are increasingly concerned about the risks of gadget addiction among children, including emotional instability and exposure to inappropriate content like pornography, as illustrated by everyday family struggles and real-life parental testimonies. The Indonesian government's Peraturan Pemerintah (PP) Nomor 17 Tahun 2025, known as PP Tunas, addresses these issues by regulating electronic systems to better protect children online, providing clear guidelines for parents and digital platform providers. Key provisions include delaying social media access for children under 16 on high-risk platforms, aiming to safeguard young users from harmful data and content.

Paying Respects at Michael Bambang Hartono's Resting Place, Central Java Governor: We Have Lost a National Figure

Central Java Governor Ahmad Luthfi visited the resting place of the late Michael Bambang Hartono, owner of PT Djarum, in Kudus, expressing profound condolences and highlighting the loss of a key national entrepreneur and philanthropist. Luthfi praised Hartono's contributions to business, social programmes like free homecoming initiatives, and the green economy, as well as Djarum's support for education, environment, and badminton through its foundation. Hartono, aged 86, passed away in Singapore, with his body laid to rest in Kudus before burial in Rembang, underscoring his legacy as one of Indonesia's wealthiest and most influential figures.

Business Restructuring: SSPACE (DOOH) Divests Sales Strategy Consulting Unit - BCA Sekuritas

PT Era Media Sejahtera Tbk (DOOH or SSPACE), an advertising and management consulting firm, has divested its entire 99% stake in PT Konsultan Strategi Penjualan (KSP) to PT Wisdom Crowd Indonesia for Rp23.3 billion as part of a business restructuring strategy. The divestment, executed in two stages in March 2026, aims to optimise the investment portfolio and refocus on higher-margin segments like advertising and e-commerce, with proceeds targeted to boost e-commerce revenue to 11% of total potential. Post-transaction, SSPACE will no longer consolidate KSP's financials, expecting strengthened cash reserves to support future operational growth.

Latest Deposit Interest Rates for BRI, Mandiri, and BNI as of 25 March 2026

Indonesia's state-owned banks BRI, Mandiri, and BNI have maintained stable deposit interest rates as of late March 2026, following Bank Indonesia's decision to hold the benchmark rate at 4.75%, providing investors with secure returns amid economic uncertainties. BRI offers the highest rates for short tenors at up to 3.00% for 1- and 3-month deposits, while Mandiri and BNI provide rates between 2.25% and 2.75%, all guaranteed by the Deposit Insurance Corporation up to IDR 4.25 million. This stability supports liquidity in the banking sector and offers a low-risk investment option for savers seeking predictable yields.

National Nutrition Agency Confirms Rumour of Online Students Required to Attend School for Free Nutritious Meals Programme is a Hoax

The National Nutrition Agency (BGN) has debunked a viral hoax claiming that students in online learning must attend school to receive the Free Nutritious Meals Programme (MBG), stating that no such policy exists and distribution currently follows in-person school mechanisms. BGN Deputy Head Sony Sonjaya emphasised that official guidelines for remote learning scenarios have not yet been developed, urging the public to verify information from credible sources. This clarification underscores the agency's commitment to ensuring equitable and high-quality implementation of the MBG programme nationwide, amid ongoing government efforts to address nutritional needs for schoolchildren.

Odd-Even System Already in Effect Today: Which Roads Are Included in the Rule?

The odd-even vehicle restriction system in Jakarta has resumed today, Wednesday, 25 March 2026, following a suspension due to national holidays and the end of the collective Eid al-Fitr leave, as workers return to activities. The policy applies to vehicles with odd-numbered plates on odd dates and even-numbered plates on even dates, during peak hours from 06:00–10:00 WIB and 16:00–21:00 WIB, across 25 major roads in the city. Violators face fines of up to Rp 500,000 under traffic laws, aiming to manage congestion in the capital.

Trump Claims US-Iran Ready to End War, Sends 15-Point Peace Plan to Tehran

US President Donald Trump has claimed that negotiations with Iran are underway, with Washington sending a 15-point plan to end the war via Pakistan, despite Tehran's denials of direct talks. Trump highlighted preventing Iran from acquiring nuclear weapons as the top priority and noted involvement from key officials like JD Vance and Marco Rubio, while military operations continue alongside diplomatic efforts. Regional leaders, including Pakistan's Prime Minister, are offering to facilitate discussions, underscoring the fragile push for peace amid ongoing conflict.

Asian Stock Markets Shine in Response to Trump's Claims of US-Iran Peace Signals

Asian-Pacific stock markets opened higher on Wednesday, 25 March 2026, buoyed by US President Trump's statements about ongoing discussions to achieve peace with Iran, despite Tehran's denial of any negotiations. Key indices such as Japan's Nikkei 225 surged 2.5% and South Korea's Kospi rose 2.5%, reflecting positive investor sentiment amid Trump's withdrawal of threats against Iranian energy infrastructure. In contrast, US markets declined, with the S&P 500 falling 0.37%, highlighting divergent global reactions to the geopolitical developments.

Financial Expert Advice: Don't Hoard Money in Your Account

In the face of global economic uncertainty driven by geopolitical tensions, financial experts caution against hoarding excessive cash in bank accounts, as it risks erosion from inflation and offers limited protection against fraud compared to credit cards. They recommend maintaining only enough funds to cover one or two weeks of bills to avoid anxiety from low balances while preventing lost growth opportunities in higher-yield investments. Additionally, a separate emergency fund equivalent to three to six months of expenses should be kept in a high-interest savings account for unexpected large costs, ensuring accessibility without unnecessary risk.

'Sultan Village' in Cilacap and the Story of the Grocery Store Tycoons

Desa Jambu in Cilacap, Central Java, has earned the nickname 'Kampung Sultan' due to its rows of luxurious, multi-storey homes built by migrant workers who have succeeded in the grocery trade, primarily in Bandung. The village's transformation began around 2015, driven by a strong tradition of migration where about 70% of its 3,400 residents seek opportunities in urban areas, shifting from agriculture to entrepreneurship. This story highlights the economic empowerment through remittances and small business success, turning a remote rural area into a showcase of prosperity.

Yesterday: Police Chief on Return Traffic to Yaqut Returning to KPK Detention

Indonesian National Police Chief Listyo Sigit Prabowo directed his forces to provide optimal services during the anticipated peak of the 2026 Lebaran return traffic on 24 March, amid the implementation of work-from-anywhere policies extending the dispersal period. He, alongside three ministers, inaugurated a one-way traffic route from Kalikangkung Toll Gate in Central Java to ease congestion. Meanwhile, former Minister of Religious Affairs Yaqut Cholil Qoumas, a suspect in a hajj quota corruption case, was returned to KPK detention after house arrest due to scheduled questioning, having been granted temporary release for Eid celebrations; a medical assessment revealed he suffers from acute GERD, which had supported his house arrest approval.

US Officially Bans Latest Foreign-Made Routers

The US Federal Communications Commission (FCC) has imposed a ban on importing and distributing all new models of foreign-produced internet routers, effective from Monday, as a direct response to a national security directive issued by the Trump administration. This sweeping measure aims to safeguard US telecommunications infrastructure from cyber threats and espionage, primarily targeting Chinese hardware that dominates 60% of the home router market, though it inadvertently affects major American brands reliant on overseas manufacturing. The policy addresses vulnerabilities exploited in major hacking campaigns like Volt, Flax, and Salt Typhoon, which have targeted critical infrastructure, but leaves existing foreign-made routers in use unaffected.

Airlangga, Purbaya, and Cabinet Secretary Teddy Hold Online Meeting, Discuss These Two Topics

Cabinet Secretary Teddy Indra Wijaya participated in a virtual inter-ministerial coordination meeting led by Coordinating Minister for the Economy Airlangga Hartarto, focusing on energy adjustment policies and broader economic measures amid the Lebaran holiday. Key discussions included strategies to boost coal production, adjust coal export taxes to increase state revenue, accelerate the conversion of diesel power plants to solar, and implement flexible work-from-home policies to reduce fuel consumption. These initiatives aim to mitigate the impacts of rising oil prices and global uncertainties, with implementation planned post-Idulfitri 2026, pending further assessment of market and geopolitical conditions.

UBS and Galeri24 Gold Prices at Pegadaian Both Drop This Wednesday Morning

Gold bar prices for UBS and Galeri24 at Pegadaian have declined this Wednesday morning, with UBS at Rp2,852,000 per gram and Galeri24 at Rp2,838,000 per gram, down from the previous day's levels of Rp2,862,000 and Rp2,849,000 respectively. The article provides a comprehensive price list for various quantities of these gold products, ranging from 0.5 grams to 1,000 grams for Galeri24 and up to 500 grams for UBS. This fluctuation reflects ongoing volatility in the precious metals market, important for investors monitoring gold as a safe-haven asset in Indonesia's economy.

Ideal BHR Amount for Online Motorcycle Taxi Drivers According to Drivers' Association

The Indonesian Online Motorcycle Taxi Drivers' Association (Garda Indonesia) has acknowledged an improvement in the Eid al-Fitr Bonus (BHR) payouts for 2026 compared to previous years, but deems the amounts—ranging from Rp150,000 to Rp500,000—still inadequate, with their ideal figure calculated at Rp1.2 million based on monthly contributions. The association is urging the government to establish firm regulations with strong legal backing for future BHR distributions to prevent annual controversies, while also calling for a Presidential Regulation mandating a 90:10 revenue-sharing scheme favouring drivers amid anticipated income drops from work-from-home policies. These demands highlight the ongoing struggles of gig economy workers and the need for protective policies in Indonesia's ride-hailing sector.

Philippines working with Washington to obtain oil from US-sanctioned countries

The Philippines is collaborating with the United States to secure waivers and exemptions for purchasing oil from sanctioned nations like Venezuela and Iran, amid a declared national energy emergency due to Middle East conflicts disrupting supplies. The country, heavily reliant on imports, has approximately 45 days of fuel reserves and is procuring an additional one million barrels, while temporarily boosting coal-fired power generation. Recent US waivers have enabled imports of Russian crude after five years and Iranian oil already at sea, highlighting Manila's efforts to maintain energy security.

H+2 Lebaran: Food Prices Remain High, Red Bird's Eye Chillies Reach Rp 104,050 per Kg

Two days after Eid al-Fitr, Indonesia's National Strategic Food Price Information Centre (PIHPS), managed by Bank Indonesia, reports persistently high prices for key food commodities, with red bird's eye chillies reaching Rp 104,050 per kg and broiler chicken meat at Rp 43,450 per kg. Other essentials like shallots (Rp 44,900 per kg), garlic (Rp 39,550 per kg), various grades of rice (Rp 14,100 to Rp 16,700 per kg), and beef (up to Rp 147,300 per kg) also show elevated costs at the retail level. This surge underscores ongoing inflationary pressures on household budgets in the post-holiday period, highlighting the need for targeted interventions to stabilise food supplies.

Lebaran Return Flow: Jasamarga Records 133,000 Vehicles Heading to Jakarta

PT Jasamarga Transjawa Tol recorded 133,091 vehicles passing through the Cikampek Utama Toll Gate towards Jakarta during the H to H+2 period of Eid al-Fitr on 21-23 March 2026, marking a 49.15% increase from normal traffic. To manage the surge, the company implemented one-way traffic systems and offered toll discounts of up to 30% to ensure smoother flow and distribute vehicles more evenly. This reflects the ongoing post-holiday return movement and highlights the critical role of infrastructure management in handling peak travel periods in Indonesia.

Full Throttle! These Listed Companies to Distribute Dividends in April – Is Yours Among Them?

Several Indonesian listed companies, predominantly from the banking sector, are set to distribute dividends in April 2026, with PT Bank Negara Indonesia (BBNI) confirming a cash payout of approximately Rp13.03 trillion on 7 April. Other major banks including BBRI, BNGA, and BMRI will hold annual general meetings throughout the month to determine their final dividend amounts, while conglomerate PT Astra International (ASII) is projected to propose a final dividend of Rp292 per share. This anticipated dividend season underscores the appeal of bank stocks for investors seeking passive income through consistent high-yield payouts.

JCI Poised to Surge After Long Holiday Break, Check Out 5 Potential High-Return Stock Recommendations from Analysts

The Composite Stock Price Index (JCI) is expected to continue its upward momentum in Wednesday's trading session following the Eid al-Fitr holiday, having closed up 1.20% at 7,106.83 prior to the break. Analysts from Binaartha Sekuritas foresee potential corrections towards support levels but highlight opportunities for gains if resistance thresholds are breached, recommending five stocks including BBCA, INCO, INDF, ISAT, and PGAS with specific buy zones and price targets. This outlook underscores investor optimism in Indonesia's equity market amid technical indicators.

Global Gold Prices Continue to Weaken, Pressured by Expectations of High Global Interest Rates

Global gold prices fell on Tuesday evening New York time, driven by rising expectations of sustained high interest rates amid escalating geopolitical tensions in the Middle East. The decline occurs against concerns over inflation from surging energy prices, which reduce gold's appeal, though analysts suggest the drop may be an overreaction following earlier sharp gains. While short-term pressures persist, prospects for gold could improve later in the year if central banks like the Federal Reserve ease rates and the dollar weakens.

BPH Migas Ensures Fuel Stock Remains Secure During 2026 Eid Return Flow

The Downstream Oil and Gas Regulatory Agency (BPH Migas) has assured that fuel stocks across Indonesia are secure for both subsidised and non-subsidised types during the Eid al-Fitr 1447 Hijri holiday period, with national reserves at safe levels as of 22 March 2026. Distribution from Pertamina's terminals to petrol stations is proceeding normally, and officials are conducting field monitoring at strategic points, such as toll road stations in West Bandung Regency, to ensure optimal supply amid the return travel rush. Authorities urge the public to remain calm and avoid panic buying, noting a 30 per cent drop in biodiesel consumption due to restrictions on heavy vehicles, highlighting the government's commitment to energy availability during peak travel times.

Various Reasons for the Government's Decision to Maintain In-Person Learning

The Indonesian government has prioritised in-person learning for primary and secondary students amid a global crisis, as articulated by Coordinating Minister Pratikno, to safeguard education quality and prevent learning loss. Education Minister Abdul Mu'ti confirmed no plans for online classes, ensuring normal five-day-a-week face-to-face sessions. This decision aligns with President Prabowo Subianto's focus on human resource development, despite considerations for fuel-saving measures like work-from-home policies.

SpaceX Eyes Jumbo IPO Funds, Valuation Surpasses Rp 29,750 Trillion

Elon Musk's SpaceX is set to file its IPO prospectus with regulators this weekend or next week, potentially raising over US$75 billion and achieving a valuation exceeding US$1.75 trillion, marking one of the largest market debuts in history on Nasdaq. The massive valuation is propelled by the dominance of its Falcon 9 launches, the expansion of the Starlink satellite internet network, and ongoing development of the Starship rocket. This move underscores SpaceX's aggressive growth in satellite communications and space exploration, including recent acquisitions to bolster direct-to-mobile connectivity services.

No Need to Visit the Office: Evidence of Article 21 PPh Deduction Can Be Downloaded via TASPEN's Digital Service!

PT TASPEN (Persero) has introduced a digital service allowing pensioners to independently download their Article 21 Income Tax (PPh) deduction certificates through the TOOS platform, streamlining the annual personal income tax reporting process for the 2025 tax year without needing to visit a branch office. This initiative, accessible also via TASPEN branches or the Directorate General of Taxes' Coretax system, underscores TASPEN's commitment to efficient tax administration and compliance, reminding participants that pension benefits are legitimate taxable objects under Indonesian law. By facilitating easier access to these documents, TASPEN supports pensioners in fulfilling their tax obligations, contributing to national development while enhancing service responsiveness for civil servants.

Southeast Asia’s Race for Data Farms Stresses Resources

Southeast Asia is experiencing significant strains on electricity grids and water supplies due to the rapid expansion of data centres driven by AI and digital demands, with Malaysia slowing developments amid projections of up to 60 percent of peak power usage by 2030, while similar pressures affect Singapore, Indonesia, Vietnam, and Thailand. Cambodia's cyber scam operations are exacerbating energy consumption, contributing to the region's heavy reliance on coal-fired power, which undermines UN climate goals. Despite the challenges, countries are racing to capture a projected US$30.47 billion data centre market by 2030, highlighting the need for better infrastructure and policy planning to balance growth with sustainability.

Three Directors Resign, Merdeka Gold Changes GMS Schedule to 22 April 2026

PT Merdeka Gold Resources Tbk (EMAS), an Indonesian mining company, has rescheduled its General Meeting of Shareholders (GMS) to 22 April 2026 following the resignation of three directors: Albert Saputro, David Thomas Fowler, and Adi Adriansyah Sjoekri. The resignations, received on 18 March 2026, will be decided upon at the GMS, with the changes affecting both the date and agenda of the meeting. This development highlights potential leadership transitions in the gold mining sector amid ongoing corporate governance adjustments.

In 3 Days, 70 Million Indonesians Under 16 Banned from Using Social Media

Indonesia is set to implement a groundbreaking regulation on 28 March 2026, prohibiting children under 16 from using social media platforms, affecting approximately 70 million young users and making the country the first large-scale adopter of such a policy. The rule, outlined in Government Regulation No. 17 of 2025 and its derivative Ministerial Regulation No. 9 of 2026, targets eight major platforms including YouTube, TikTok, Instagram, and X, with platforms already announcing compliance measures like age verification and account deactivation. This initiative, led by Minister Meutya Hafid, aims to protect youth in the digital space while platforms commit to enhancing safety features and collaborating with the government.

Yesterday, Cabinet Secretary Teddy Engages in Eid al-Fitr Greetings and Online Learning Discussions

Indonesia's Cabinet Secretary Teddy Indra Wijaya participated in Eid al-Fitr greetings with key figures including Jakarta Governor Pramono Anung and TNI Chief General Agus Subiyanto, while also attending a coordination meeting on energy policies and economic stimulus led by Coordinating Minister Airlangga Hartarto. Political analysts praised President Prabowo Subianto's calls for national unity amid global uncertainties, such as economic pressures from international conflicts, and his outreach to national figures to maintain political stability. Vice-Chair of the MPR Lestari Moerdijat emphasised the need for comprehensive preparations in implementing online learning to save fuel consumption, ensuring no child loses access to education.

Academic: Andrie Yunus Attack is Purely an Individual Act

Professor Kadri from UIN Mataram has urged that the acid attack on KontraS activist Andrie Yunus by TNI personnel be viewed as an isolated act by rogue elements, rather than implicating the entire military institution, to prevent damaging its public image. He praised the TNI's transparent communication and handling of the case, as well as President Prabowo Subianto's firm stance that perpetrators must be punished, emphasising the need for consistent messaging in the information age. Kadri expressed optimism that the TNI will resolve the matter professionally, reinforcing institutional integrity and legal accountability.

Jambi Governor Furious Over Subsidised Fuel Used for Illegal Mining

Jambi Governor Al Haris has expressed outrage over the misuse of subsidised fuel, which is being diverted to illegal mining operations instead of benefiting the general public. He highlighted reports of culprits being caught by police and urged petrol station operators to enforce strict discipline in distribution to prevent such leakages. This issue underscores the need for tighter oversight to ensure subsidised fuel reaches intended recipients and curbs damaging illegal activities in the province.

Gold Prices at Galeri 24, UBS, and Antam Retro Plummet Today; What About Antam?

Gold prices for 1-gram bars from Galeri 24, UBS, and Antam Retro have declined today, with Galeri 24 dropping to Rp2,838,000 from Rp2,849,000, UBS to Rp2,852,000 from Rp2,862,000, and Antam Retro to Rp2,872,000 from Rp2,882,000. In contrast, Antam gold remains stable at Rp2,943,000 per gram. These fluctuations reflect ongoing volatility in the precious metals market, which investors monitor closely for economic indicators.

What Did the Bakrie Group See to Be Willing to Take a Stake in BIPI Shares?

The Bakrie Group, through Bakrie Capital Indonesia, has invested Rp948 billion to acquire a 6% stake in PT Astrindo Nusantara Infrastruktur Tbk (BIPI), a company experiencing a 126.1% share price surge since early 2026, as part of a strategic move to integrate national energy infrastructure supply chains and support BIPI's transition from coal to green energy. This investment synergises with existing stakeholders like PT Indotambang Perkasa and aims to fund expansions in liquefied natural gas, geothermal energy, and waste-to-energy projects, while capitalising on rising global energy prices and AI-driven electricity demands. Despite risks from debt and commodity fluctuations, the capital infusion bolsters BIPI's long-term valuation and positions it as a key player in Indonesia's sustainable energy ecosystem.

Prabowo Wants Vehicles in Indonesia to Use Electricity, Petrol for the Wealthy

President Prabowo Subianto has unveiled ambitious plans to convert all vehicles in Indonesia, including motorcycles, cars, trucks, and tractors, from petrol to electric power, aiming to reduce reliance on imported fuels and lower costs for the average citizen. Petrol will remain available but priced according to global oil fluctuations, making it accessible primarily to the affluent, while electric conversion is projected to slash operating expenses by 80%. Additionally, Prabowo targets installing 100 gigawatts of solar power capacity within the next year to phase out 13 gigawatts of diesel-based electricity generation, with the Energy Minister announcing renewed subsidies for converting 120 million motorcycles to electric batteries.

MORA Prepares Acquisition of MyRepublic, Investors Face 50.5% Dilution Risk

PT Mora Telematika Indonesia Tbk (MORA) is planning a business merger with PT Eka Mas Republik (EMR), the provider of MyRepublic internet services, which will be discussed at an Extraordinary General Meeting of Shareholders on 26 March 2026. The merger involves exchanging one EMR share for 7,703.807548 MORA shares, resulting in a significant 50.5% dilution for existing MORA investors. This vertical integration aims to expand MORA's retail customer access while providing MyRepublic with broader infrastructure support, though it carries risks of integration costs and operational disruptions, pending regulatory and shareholder approval.

iOS 26.4 Officially Released, Featuring 8 New Emojis and AI-Based Music Features

Apple has officially launched iOS 26.4, introducing significant updates such as the AI-powered Playlist Playground beta in Apple Music, which allows users to generate playlists via simple descriptions, alongside a new Concerts feature for discovering nearby events and offline music recognition. The update also includes eight new emojis, enhancements to apps like Freeform and Reminders, improved keyboard accuracy, and better accessibility options. Looking ahead, Apple is expected to integrate Google's Gemini AI model into future updates, including iOS 26.5 and the anticipated iOS 27, enhancing features like Siri and broader AI capabilities.

Honda Confirms Continuation of Electric Vehicle Project in Asia

Honda has reaffirmed its commitment to developing electric vehicles in Asia, despite cancelling production plans for the US and Canada due to shifting market dynamics. The company is focusing on testing and distributing models starting in Japan and India, with plans to expand across the region. In Indonesia, Honda will continue monitoring market developments and strengthening hybrid models as a transitional step towards full electrification.

MIND ID Group Committed to Accelerating Downstream Processing of Commodities

Indonesia's state-owned mining holding MIND ID is intensifying efforts to enhance the value-added processing of commodities, with downstream investments reaching Rp584.1 trillion in 2025, marking a 43.3% growth and shifting the economy from raw material exports to high-value production. Key projects include smelters for bauxite-alumina-aluminium, copper, nickel, and coal logistics infrastructure, bolstered by Indonesia's vast reserves of nickel, bauxite, and coal, though challenges like global price volatility and energy reliability persist. This strategy aims to build a robust domestic supply chain and position Indonesia as a supplier of advanced, technology-driven products.

Foreign Investors Collectively Sell 10 Stocks Before Long Eid Holiday

The Indonesia Composite Index (IHSG) closed higher at 7,106.83 before the long Nyepi-Eid holiday, despite a 4.49% correction over the period, with mixed sessions of gains and losses. Foreign investors engaged in net buying of Rp143.50 billion in negotiated and cash markets but recorded substantial net selling of Rp1.66 trillion in the regular market and Rp1.80 trillion in negotiated and cash markets. The top 10 stocks targeted for net foreign selling included energy firm Medco Energi (Rp723.8 billion), Bank Central Asia (Rp617 billion), and others across banking, mining, and tech sectors, highlighting investor caution ahead of the break.

Indonesia Purchases 42 Rafale Jets, French Ambassador Wishes to Continue Collaboration

The French Ambassador to Indonesia, Fabien Penone, has affirmed that defence cooperation between France and Indonesia is progressing smoothly, particularly regarding the procurement of 42 Dassault Rafale fighter jets. He emphasised the importance of this partnership as a foundation for bilateral relations and expressed a desire to expand collaboration beyond defence into social-cultural areas such as education, arts, and sports. This commitment underscores the strengthening ties between the two nations amid regional dynamics, with ongoing initiatives like cultural dialogues and academic exchanges.

This is Purbaya's Strategy to Counter the Flood of Chinese Goods on E-Commerce

Finance Minister Purbaya Yudhi Sadewa has acknowledged widespread complaints from small traders about the dominance of Chinese importers on Indonesian e-commerce platforms, which offer competitive prices and official stores that local businesses struggle to match. In response, he is considering measures to repatriate major marketplaces like Tokopedia, currently majority-owned by Chinese firm ByteDance, to keep profits within Indonesia and prevent the erosion of domestic SMEs. Additionally, Purbaya aims to revive local companies to foster competition against Chinese dominance in the digital market.

Health Minister Urges Rest Every 3 Hours to Reduce Accident Risks During Return Flow

Indonesia's Health Minister Budi Gunadi Sadikin has advised travellers during the peak return flow period to take breaks every three hours to combat fatigue and prevent accidents, with the government providing free health checks and rest areas. Supported by traffic management measures like national one-way systems and alternative transport options such as trains for motorcycles, officials report a decline in incidents this year. This coordinated effort involving multiple ministries aims to ensure safe and smooth journeys for millions returning to urban centres.

DAMRI Opens Malang–Jakarta and Surabaya–Jakarta Routes, Tickets Starting from Rp 280,000

DAMRI has launched bus services on the high-demand Malang–Jakarta and Surabaya–Jakarta routes to accommodate the return flow of Eid al-Fitr travellers in 2026, with tickets starting at Rp 280,000. The state-owned enterprise is dynamically adjusting operations to ensure safety and smoothness, particularly on the Trans-Java corridor, while monitoring field conditions to handle potential congestion. This initiative underscores DAMRI's commitment to reliable land transportation, prioritising passenger safety, security, and comfort during the peak travel period.

News from Trump on Iran, Asian Markets Open Higher

Asian-Pacific markets opened higher on Wednesday, buoyed by US President Donald Trump's comments suggesting ongoing negotiations with Iran, despite Tehran's denial of direct talks. Key indices such as Australia's S&P/ASX 200, Japan's Nikkei 225, and South Korea's Kospi saw gains of over 1.4% to 2.5%, while oil prices fell amid easing tensions. This positive sentiment contrasts with recent US market dips driven by rising oil prices and the protracted Iran conflict, highlighting the market's sensitivity to geopolitical developments.

Cabinet Secretary Teddy and Transport Minister Inspect Post-Eid Return Flow at Pulo Gebang Terminal

Cabinet Secretary Teddy Indra Wijaya and Transport Minister Dudy Purwagandhi visited the Pulo Gebang Integrated Bus Terminal in East Jakarta early on 25 March 2026 to assess the smooth and safe operation of the post-Eid return traffic for 1447 Hijriah. Their inspection revealed that the flow of passengers and buses was proceeding without significant issues, with minor congestions and accidents handled effectively by on-site personnel, aligning with the government's expectations under President Prabowo Subianto. The minister forecasted peak return surges on 24-25 March and 28-29 March, driven by workers returning to offices and those utilising work-from-anywhere policies.

Kim Jong Un Affirms North Korea Will Always Support Russia: This Resolve Is Unshakable

North Korean leader Kim Jong Un has reaffirmed his country's unwavering commitment to supporting Russia, highlighting the close cooperation between Pyongyang and Moscow amid Russia's ongoing conflict in Ukraine. This statement follows Kim's reappointment as President of State Affairs and comes after a 2024 military pact that mandates mutual assistance in case of attacks. The alliance, which includes North Korea sending troops and weapons to Russia in exchange for food and technology, underscores the growing ties between the two nations opposed to the West, with reports indicating significant North Korean casualties in the war.

Residents' Frustration Over Inflated Parking Fees Justified as Holiday Bonuses in Kembangan

Residents in Kembangan, West Jakarta, are voicing strong discontent over illegal parking operators charging exorbitant fees of up to Rp 10,000 for motorcycles near CNI and Lippo Mall Puri, citing Eid holiday bonuses as justification. The issue has gone viral on social media, with complaints highlighting the public nature of the roads and the apparent inaction of nearby Satpol PP officers. This controversy underscores ongoing challenges with unregulated parking in busy commercial areas, potentially prompting calls for stricter enforcement by local authorities.

Bank Profits Stagnant, Sale of Non-Performing Assets No Longer Dominant

Several Indonesian banks continue to rely on recovery income from non-performing asset sales to mitigate profit pressures in 2025, though the banking sector's performance has slowed recently. Major banks like Bank Mandiri reported modest profit growth last year supported by increased recovery revenues, but experts predict a slowdown in such sales due to depleting asset stocks and an incomplete economic recovery, with assets likely sold at discounted prices. BCA maintains strong NPL coverage at 183.8 percent, ensuring readiness for future risks.

Behind the Suicide Attempt in Front of the Palace, a Woman Struggles with Trauma and Violence

A 20-year-old woman, identified by the initials JSLP, was detained by police after an apparent suicide attempt in front of the Merdeka Palace in Central Jakarta on the night of 22 March 2026, where she was found with a 2-metre rope and resisted capture. Initial examinations revealed she suffers from depression and possesses a mental health control book from Cipto Mangunkusumo Hospital, indicating ongoing trauma linked to violence. This incident highlights the critical need for enhanced mental health support and intervention for women facing severe psychological distress in Indonesia.

Surge in Food Prices in Magetan Continues into Fourth Day of Eid al-Fitr

Food prices in Magetan, East Java, remain elevated on the fourth day of Eid al-Fitr, with beef holding steady at around Rp 150,000 per kilogram after peaking at Rp 160,000 during the holiday, driven by heightened demand and rising live cattle prices at farms. Chicken prices have climbed to Rp 45,000 per kilogram from Rp 38,000–40,000, while snow peas have jumped to Rp 80,000 from Rp 60,000; however, some vegetables like carrots, cabbage, and mustard greens remain stable. Chillies persist at Rp 85,000 per kilogram due to insufficient supply, highlighting ongoing challenges in food supply chains during festive periods in Indonesia.

Chinese Foreign Minister Contacts Araghchi: Commitment to Comprehensive End to War

In a telephone conversation, Chinese Foreign Minister Wang Yi and his Iranian counterpart Abbas Araghchi agreed on the need for a comprehensive end to the war rather than a temporary ceasefire, amid escalating tensions in the region. Araghchi expressed Iran's commitment to peace, thanked China for humanitarian aid, and assured safe passage through the Strait of Hormuz for non-conflicting parties, while urging China to play an active role in de-escalation. Wang Yi reiterated China's principled stance on resolving conflicts through dialogue and negotiation, opposing military force, and pledged continued efforts to promote regional stability, following US President Trump's announcement of a five-day delay in attacks on Iranian energy infrastructure.

Alternative Routes Removed from Google Maps for Purwomartani Toll Gate

PT Jasamarga Jogja-Solo has removed misleading alternative routes from Google Maps that directed drivers to the Purwomartani Toll Gate in Kalasan, Sleman, Yogyakarta, after numerous holiday travellers became lost on narrow village and paddy field paths. The action aims to enhance safety and traffic flow by guiding vehicles back to verified main routes, amid a significant surge in traffic volume reaching 1,899 vehicles per hour at peak times on 24 March 2026. Additional signage and personnel have been deployed to prevent further incidents during the Lebaran exodus.

Didit Prabowo's Eid Safari to Previous Presidents

Didit Hediprasetyo, son of President Prabowo Subianto, conducted an Eid al-Fitr visit to former Indonesian Presidents Susilo Bambang Yudhoyono and Megawati Soekarnoputri, sharing photos of the gatherings on social media to uphold the tradition of inter-generational silaturahmi. During his visit to Megawati's residence, Didit received a surprise birthday cake celebration alongside family members Puan Maharani and Pinka Haprani. Additionally, Didit accompanied his father in receiving guests, including SBY and President Joko Widodo, at the open house in Merdeka Palace, underscoring efforts to strengthen political ties across generations.

Transport Minister: Lebaran Return Traffic Mobility Rises, Travellers Urged to Stay Alert

Transport Minister Dudy Purwagandhi has warned of increased mobility in the Lebaran return traffic for 2026, with public transport passenger departures rising by 12.37% to 1.448 million people on H+2 compared to the previous year. He urged travellers to choose travel times wisely, ensure vehicle and health conditions are optimal, and avoid peak dates of 24, 28, and 29 March to prioritise safety over speed. To manage congestion, the government is promoting work from anywhere policies and implementing national one-way traffic engineering from Semarang to Cikampek, anticipating 285,000 vehicles heading to Jakarta on 24 March.

Check Out the 10 Stocks Foreign Investors Are Buying Up Before the Eid Holiday

The Jakarta Composite Index (JCI) closed in positive territory at 7,106.83 before the extended Nyepi-Eid holiday, despite a 13.71% correction over March. Foreign investors engaged in net buying of Rp143.50 billion in negotiated and cash markets, though they recorded net sales in the regular market. The top stocks attracting foreign purchases last week included mining and telecom firms such as Merdeka Gold Resources (EMAS) with Rp1.29 trillion and VKTR with Rp468.1 billion, signaling potential investor confidence in these sectors amid market volatility.

Antam Gold Price Stagnant at Rp2.843 Million per Gram, Buyback Price Plummets Sharply

The price of Antam gold bars remained unchanged at Rp2.843 million per gram on Wednesday, 25 March 2026, mirroring the previous day's level, while the buyback price dropped significantly by Rp80,000 to Rp2.480 million per gram. This domestic stagnation aligns with a global gold market searching for direction, influenced by a strengthening US dollar and rising US Treasury yields, though gold continues to serve as a key safe-haven asset amid ongoing geopolitical tensions. Investors are advised to remain cautious, with analysts predicting short-term sideways movement following earlier gains in 2026.

Oil Prices Surge Above 100 US Dollars, Market Confused by US-Iran Claims

Global crude oil prices have surged past the 100 US dollar per barrel mark amid ongoing uncertainties in the US-Israel-Iran conflict, with Brent reaching 104.49 dollars and WTI at 92.35 dollars. US President Donald Trump's claims of negotiations with Iran and a temporary halt to attacks have caused market volatility, exacerbating energy supply concerns that are spreading from South Asia to Europe. This escalation is driving up input costs for businesses worldwide and prompting measures like US sanctions relief on Russian and Iranian oil, alongside China's fuel price freeze to mitigate consumer impacts.

Strong Reasons Why Prabowo Will Not Cut the MBG Budget

President Prabowo Subianto has assured that the Free Nutritious Meals (MBG) programme will continue despite budget efficiency measures prompted by the Middle East conflict, emphasising its role in enhancing human resources and reducing stunting rates. The initiative also generates widespread economic benefits through job creation in food supply chains and production. Government officials, including State Secretary Prasetyo Hadi, have confirmed that funding is sufficient and that savings will target ineffective expenditures rather than flagship programmes like MBG.

Expert Warns of Long-Term Dangers of Excessive Gadget Exposure in Children

Experts from the Indonesian Paediatric Society and the University of Indonesia have highlighted the severe long-term risks to children's physical health and neurological development from excessive gadget use, particularly between ages 5 and 15, including posture changes linked to nervous system issues and reduced brain stimulation leading to 'brain drop'. They emphasise the importance of balanced activities, outdoor play, and diverse experiences to foster optimal brain connections, warning that monotonous digital content limits cognitive growth. The government has introduced Government Regulation No. 17 of 2025 (PP Tunas) to regulate electronic systems for child protection, but its effectiveness hinges on active parental involvement in supervising and modelling healthy gadget habits.

Yesterday, 2.8 Million Train Passengers and 283,000 Vehicles Headed to Jakarta

During the Eid al-Fitr 2026 holiday period, PT Kereta Api Indonesia transported 2.82 million passengers on long-distance and local trains from 11 to 23 March, reflecting high societal mobility. PT Jasa Marga recorded 133,091 vehicles returning to Jakarta via the Cikampek toll gate by H+2 Eid, a 49.15% increase from normal traffic, while urging compliance with one-way and contraflow rules for safety. Transport Minister Dudy Purwagandhi estimated 283,000 vehicles would return to Jakarta at the peak of the reverse flow on Tuesday, with Soekarno-Hatta Airport handling nearly 1.98 million passengers from H-7 to H+3.

Peak of Lebaran 2026 Return Traffic: Toll Road Density Data Towards Jakarta

The return traffic for Lebaran 2026 has seen a significant surge towards Jabodetabek, with Jasamarga Metropolitan Tollroad recording 184,947 vehicles passing through four toll gates on Monday, marking a 33.83% increase from normal levels. The highest spike occurred at the Cikunir 6 gate towards Jakarta, with a 194.82% rise, while traffic from Bandung and Rancaekek in West Java also increased by 38.78%. Officials predict sustained high volumes until Wednesday, combining return flows with tourism and social visits, urging drivers to ensure vehicle condition and personal fitness for safe journeys.

JCI Poised to Test 7,200 Level After Eid Holiday Break, Check Recommended Stocks for Tomorrow - Market

The Composite Stock Price Index (JCI) is expected to exhibit varied movements with limited upside on Wednesday, 25 March 2026, as the Indonesia Stock Exchange resumes full operations following the extended Eid al-Fitr holiday from 18 to 24 March. Prior to the break, the JCI rose 1.20% to 7,106, supported by significant buying volume, and technical analysis suggests potential correction to 6,745–6,887 or upside to 7,176–7,238. MNC Sekuritas recommends monitoring stocks like BBYB, EXCL, MBMA, and HRTA, with buy-on-weakness strategies and specific price targets to guide investor decisions.

Top 3: Didit Prabowo Receives Surprise to BGN Forms Team

The top three national news stories on Tuesday, 24 March 2026, highlight a birthday surprise for Didit Prabowo from Megawati and Puan, underscoring political family ties; the prioritisation of in-person learning amid global crises to avoid learning loss, as stated by Coordinating Minister Pratikno following President Prabowo's cabinet directives on fuel conservation; and the National Nutrition Agency's formation of a special unit to monitor certifications in free nutritious meal kitchens, aiming to enhance service quality under presidential guidance. These stories reflect ongoing political interactions, educational policy responses to geopolitical tensions, and advancements in social welfare programmes in Indonesia.

Burj Khalifa Nearly Hit by Drone, Nearby Property Prices Plummet

The Dubai property market is showing signs of weakening amid escalating geopolitical tensions from the US-Israel-Iran conflict, with transaction volumes dropping 37% year-on-year and 49% month-on-month in early March. Sellers are offering significant discounts of 12-15%, exemplified by a unit near the Burj Khalifa listed at $650,000, down from $735,000, as buyers adopt a cautious 'wait and see' approach. While long-term fundamentals remain strong, short-term global sentiment is expected to continue pressuring prices and volumes.

Coal Becomes Asia's Saviour, But Its Price Is Beyond Help: Crashes!

Coal prices have plummeted to US$139.75 per tonne, extending a negative trend despite recent gains and positive sentiments in Asia's energy sector. Amid global supply disruptions from the Iran conflict and Strait of Hormuz issues, countries like China, India, Indonesia, and others are turning to coal as an emergency energy source due to its availability and existing infrastructure, boosting demand. However, analysts caution that while coal provides short-term relief, repeated reliance could pose long-term risks to sustainable energy goals.

OpenAI Shuts Down Sora Platform, the Viral AI Video Generator

OpenAI has officially closed its Sora platform, a text-to-video AI tool that gained significant attention for producing realistic videos from simple prompts. The decision reflects a strategic shift towards core technology development and enterprise solutions, amid challenges like high computational demands, deepfake risks, and copyright concerns. While the app's shutdown disappoints creators, the underlying technology may persist in future research or integrations, signaling a maturing AI industry focused on sustainable business models.

H+2 Eid al-Fitr: Vehicle Volume Returning to Jabotabek Reaches 1.7 Million

The volume of vehicles returning to the Jabotabek region from H-10 to H+2 of the Eid al-Fitr 1447 Hijri/2026 holiday period (11–23 March 2026) reached 1.7025 million, accounting for 50.16% of the projected total of 3.39 million vehicles expected by 31 March. Traffic was dominated by returns from the east (Trans Java and Bandung) at 40.9%, followed by the west (Merak) at 33.4% and the south (Puncak) at 25.7%, with overall volumes lower than normal but showing a significant increase on H+2 itself. PT Jasa Marga anticipates further rises in traffic during peak return periods on 24, 28, and 29 March, highlighting the impact of holiday travel on Indonesia's toll infrastructure.

Following Alternative Route to Purwomartani Toll, Car Ends Up on Dirt Road

A driver named Satria Katana experienced significant delays when Google Maps directed him onto a narrow, unpaved road while heading to the Purwomartani toll gate in Yogyakarta on 23 March 2026. The route, initially suspicious due to its deviation from main roads, deteriorated into a single-lane dirt path through villages, trapping dozens of other vehicles and requiring local volunteers to manage traffic. This incident underscores the potential pitfalls of relying on digital navigation apps for accessing new toll infrastructure, leading to extended travel times and discomfort for users.

Signs of Worsening Crisis: Laptops and Tablets Failing to Sell

IDC has revised its forecasts, predicting a steeper 11.3% decline in global PC shipments for 2026 compared to the previous 2.4% estimate, while tablet shipments are expected to drop 7.6% this year, primarily due to ongoing memory supply shortages and rising component prices. Although market values are projected to grow modestly to US$274 billion for PCs and US$66.8 billion for tablets, driven by higher average selling prices, broader supply chain disruptions and potential impacts from Middle East conflicts could exacerbate challenges for the technology industry. Vendors are urged to prioritise supply chain resilience and flexible procurement strategies to mitigate costs and influence future end-user adoption rates.

Is This the Figure Trump is Targeting to Lead Iran?

US President Donald Trump is reportedly considering Iran's Parliament Speaker Mohammad Bagher Ghalibaf as a potential reliable partner to lead the country and negotiate in the next phase of the conflict, according to sources cited by Politico. Trump has indicated that a serious regime change is underway in Iran following the elimination of previous leadership, drawing parallels to recent events in Venezuela where a cooperative figure was installed to secure oil deals. However, Ghalibaf has denied any negotiations with the US, dismissing reports as fake news aimed at manipulating financial and oil markets.

Through National Seminar, Family Awaits Conferral of Hero Title for Sultan Sepuh

The family of Sri Sultan Hamengkubuwono II, known as Sultan Sepuh, is pushing for his recognition as a National Hero through a national seminar, highlighting his radical resistance against colonial interventions and his embodiment of moral integrity and sovereignty. Amid the Prabowo Subianto era, his legacy is seen as a guiding light for current leaders facing geopolitical challenges, fulfilling all criteria under Law No. 20 of 2009. Supported by historians, local records, and key figures like the Governor of DIY and the Deputy Minister of Social Affairs, the seminar aims to compile irrefutable evidence to urge the government to honour his contributions to Indonesian nationalism.

Anies Meets SBY-AHY, Spokesperson: There Was Some Misunderstanding, but Relations Remain Good

Anies Baswedan, the former Governor of Jakarta, has maintained positive relations with former President Susilo Bambang Yudhoyono (SBY) and Democratic Party Chairman Agus Harimurti Yudhoyono (AHY), despite a temporary rift caused by Anies' decision to run with Muhaimin Iskandar of the PKB in the 2024 presidential election. During a recent visit, Anies also met with Yenny Wahid and Gerindra's Sufmi Dasco Ahmad, as part of Eid greetings to senior political figures including Jusuf Kalla. This interaction underscores ongoing political networking in Indonesia post the 2024 elections, where the Democrats ultimately joined the coalition supporting Prabowo Subianto and Gibran Rakabuming Raka.

1.7 Million Vehicles Have Returned to Jabotabek

PT Jasa Marga has recorded 1.7 million vehicles returning to the Jabotabek region during the early phase of the post-Eid al-Fitr holiday period from 11 to 23 March 2026, representing about 50% of the projected total. Traffic volumes remain below normal levels but are increasing, with significant surges noted on 23 March, prompting Jasa Marga to enhance toll road services and advise travellers to plan journeys carefully using the Travoy app. This influx highlights the challenges of managing holiday return traffic on key toll gates from Java, Bandung, Merak, and Puncak, aiming for safe and smooth travel amid peak periods.

Fate of Man Dancing in MBG Kitchen: Stern Reprimand to SPPG Suspension

A man who went viral for dancing in a kitchen associated with the Free Nutritious Meals (MBG) programme has faced severe backlash after claiming a daily government incentive of Rp6 million. The National Nutrition Agency (BGN) expressed deep disappointment, suspended his operational SPPG unit due to non-compliance with technical guidelines including improper kitchen layout and wastewater treatment, and issued a stern reprimand. BGN emphasised that the MBG initiative is not a business venture but aimed at educating the nation's children, with the remaining six SPPG units under his ownership yet to operate and now under strict monitoring.

Peak Return Traffic Predicted for 24 and 28–29 March, Transport Minister Recommends WFA

Transport Minister Dudy Purwagandhi has urged the public to avoid peak return traffic periods on 24, 28, and 29 March 2026 following Eid al-Fitr celebrations, recommending the use of work from anywhere (WFA) arrangements on 25–27 March to ease congestion on the Trans-Java Toll Road. A national one-way traffic system has been implemented from Kalikangkung Toll Gate to Cikampek Toll Gate, with an expected 285,000 vehicles heading to Jakarta on 24 March, alongside temporary closures of rest areas and calls for logistics firms to comply with operational restrictions. These measures, coordinated with police and other authorities, aim to ensure safe and smooth mobility during the Lebaran return period.

Wall Street Weakens as Iran Conflict Heats Up, Oil Prices Surge Again

Wall Street's major indices declined on Tuesday amid escalating tensions in the Iran conflict, now in its fourth week, with oil prices surging over 4% to multi-month highs. President Donald Trump claimed negotiations with Iran were underway, but Iranian state media denied direct talks, while the US considers deploying 3,000 troops to the Middle East. Market strategists warn of high volatility and potential further drops in the S&P 500 if it falls below 6,500, though diplomatic efforts like Pakistan's mediation offer provide a glimmer of hope.

Anies Baswedan Visits SBY-AHY for Halalbihalal in Cikeas, Communication Said to Be Running Smoothly

Former Jakarta Governor Anies Baswedan met with former President Susilo Bambang Yudhoyono (SBY) and Democratic Party Chairman Agus Harimurti Yudhoyono (AHY) during a halalbihalal gathering at SBY's residence in Cikeas, Bogor, on the evening of Eid al-Fitr. Anies's spokesperson confirmed that communication among the three figures has always been positive and without issues, though the discussion occurred in an open setting without any private talks. This meeting follows the dissolution of a potential Anies-AHY pairing for the 2024 presidential election, after which the Democratic Party joined the coalition supporting Prabowo Subianto and Gibran Rakabuming Raka.

Gold Prices Soar Again, But the Scent of Danger Grows Stronger

Gold prices have rebounded sharply, closing at US$4,473.59 per troy ounce on Tuesday with a 1.54% gain, following a nine-day slump, and continued rising to US$4,504.49 on Wednesday amid hopes of de-escalation in Middle East tensions. US President Donald Trump announced progress in negotiations to end the war with Iran, potentially easing energy price pressures that could otherwise weigh on gold as a safe-haven asset. Analysts warn that persistent conflict and rising energy costs might fuel inflation and high interest rates, limiting gold's appeal in the near term despite long-term optimism tied to potential monetary policy easing.

Note: 28 Jakarta Toll Access Points Subject to Odd-Even Rule This Morning

The odd-even vehicle restriction policy has been reinstated in Jakarta on Wednesday, 25 March 2026, following the national holidays for Nyepi and Eid al-Fitr, affecting 28 key toll gate access points leading into the capital. The measure applies in two daily sessions from 06:00 to 10:00 and 16:00 to 21:00 WIB, with violators facing fines up to Rp500,000 under traffic laws. This traffic management initiative aims to alleviate congestion on major routes, highlighting ongoing efforts to regulate urban mobility in Indonesia's bustling metropolis.

Kim Jong Un and Putin Grow Closer, North Korea Pledges Support to Russia

North Korean leader Kim Jong Un has reaffirmed an "unwavering" commitment to support Russia, highlighting the strengthening ties between Pyongyang and Moscow amid the ongoing Ukraine war. In a thank-you letter to President Vladimir Putin, Kim emphasised the close cooperation between the two nations to safeguard their sovereignty, following Russia's 2022 invasion of Ukraine. This alliance, bolstered by a 2024 military pact and reports of North Korean troop and weapon supplies to Russia in exchange for aid, could further complicate regional geopolitics, especially with a potential visit by Belarusian President Alexander Lukashenko to North Korea.

Return Flow: Japek II South Functional Route Opened Toll-Free

PT Jasa Marga has opened the 52-kilometre functional lane on the Jakarta-Cikampek II South toll road segment from Sadang to Setu to ease traffic congestion during the 2026 Lebaran return flow from Cipularang towards Jakarta. The lane, accessible via Sadang Km 76, is equipped with safety features including lighting, signage, and emergency services, but users are not charged toll fees for it—only for the Cipularang section up to Sadang. This measure, authorised by police discretion, aims to ensure safe and comfortable travel while advising drivers to adhere to speed limits and traffic rules.

From WFH to Defence Fuel Efficiency: Government's Strategy to Face Global Energy Pressures

The Indonesian government is implementing energy efficiency measures in response to rising global oil prices triggered by Middle East conflicts, including a proposed one-day weekly work-from-home policy for civil servants and private sector workers. The Ministry of Defence, in collaboration with the Indonesian National Armed Forces, is focusing on reducing fuel consumption in non-operational sectors without compromising national defence readiness. These steps, supported by parliament, aim to ensure sustainable economic stability and national resilience amid geopolitical dynamics.

Whoosh Passengers Reach 21,500 as Lebaran Return Flow to Jakarta Strengthens

PT Kereta Cepat Indonesia China (KCIC) reported approximately 21,500 passengers on the Whoosh high-speed train for departures on 24 March 2026, indicating a strengthening return flow to Jakarta following the Lebaran holiday, with projections for further increases. This follows a peak of 23,000 passengers the previous day, dominated by travel from Bandung to Jakarta, and cumulative ridership for the Lebaran transport period from 13 to 30 March has reached around 220,000, underscoring the service's popularity for efficient post-holiday travel. KCIC anticipates additional surges on 28-29 March as school resumes, emphasising the train's role in managing high mobility during national holidays.

Jakarta's Odd-Even Vehicle Restriction Scheme Resumes This Morning

Jakarta's odd-even vehicle restriction policy, which limits motor vehicle access based on licence plate numbers, resumes implementation today following a suspension for the Nyepi and Eid al-Fitr holidays. The scheme operates in two daily sessions—from 6:00 to 10:00 and 16:00 to 21:00 WIB—across 25 major roads with high traffic density during peak hours. Drivers are urged to comply to avoid legal penalties, highlighting the city's ongoing efforts to manage congestion and improve urban mobility.

Big Question Mark Over KPK Granting Special Treatment to Yaqut

The Corruption Eradication Commission (KPK) has drawn widespread criticism for briefly allowing former Minister of Religious Affairs Yaqut Cholil Qoumas to serve his detention at home ahead of Eid al-Fitr, a decision reversed just days later amid public outcry over perceived special treatment. Former KPK investigator Yudi Purnomo Harahap warned that the incident has damaged the agency's public image, urging an internal review and a moratorium on such house detentions to restore trust. Anti-corruption group MAKI protested with satirical banners labelling Yaqut as a 'special person', highlighting concerns of discrimination and inconsistency in handling corruption cases.

Holiday Over, JCI and Rupiah Prepare to Welcome the Storm

Indonesian markets, including the JCI and rupiah, are poised for volatility as trading resumes after the Eid al-Fitr holiday, influenced by global uncertainties stemming from the ongoing Iran-Israel-US conflict and mixed signals from US President Donald Trump on negotiations. Wall Street experienced a downturn amid confusion over US-Iran talks, with oil prices rebounding sharply due to supply concerns in the Strait of Hormuz, which could ripple into commodity prices and Indonesian equities. Key domestic and international economic data releases this week are expected to drive market movements in a shortened trading period.

PIHPS: Red Bird's Eye Chilli Price Reaches Rp104,050/kg, Chicken Meat Rp43,450/kg

The National Strategic Food Price Information Centre (PIHPS), managed by Bank Indonesia, reports that red bird's eye chilli prices have surged to Rp104,050 per kg, while chicken meat stands at Rp43,450 per kg as of Wednesday morning. Other essential commodities like shallots, garlic, various grades of rice, beef, sugar, cooking oil, and eggs are also listed with their national retail prices, highlighting ongoing fluctuations in Indonesia's food market. This data is crucial for monitoring inflation and supporting government efforts to stabilise staple food affordability for consumers.

Impact of War: South Korea Cuts Fuel and Restricts Official Vehicles

In response to escalating global energy supply risks from the Middle East conflict, South Korea's government has launched a national energy-saving campaign, restricting official vehicle use and reducing fuel consumption. Key measures include voluntary private sector limits, public encouragement for reduced energy use in daily activities, and optimising the energy mix by reactivating nuclear reactors and easing coal power restrictions, potentially saving 20% of daily LNG consumption. To mitigate economic fallout, Seoul is preparing a 25 trillion won stimulus package and has secured additional oil supplies from the UAE, highlighting the nation's vulnerability as it imports 70% of its crude oil via the Strait of Hormuz.

JCI Poised for Rebound After Eid Holiday Break, See Analysts' Recommended Stocks

The Composite Stock Price Index (JCI) is projected to rebound on Wednesday (25/3/2026) following the extended holidays for Nyepi and Eid al-Fitr 2026, driven by historical patterns of post-holiday fund inflows after pre-holiday profit-taking. However, global uncertainties and seasonal domestic factors may limit gains, with the index likely consolidating around resistance levels of 7,150-7,200 and testing support at 7,000. Market observers note that responses to commodity prices, particularly gold and energy, alongside caution over global interest rate policies and geopolitical stability, will influence investor behaviour this week.

Iran Begins Implementing $2 Million Toll per Tanker, Could Become Rich from Strait of Hormuz

Iran has started enforcing a $2 million transit fee for each tanker passing through the Strait of Hormuz, as announced by a parliamentary member, aiming to assert sovereignty over this vital energy corridor amid ongoing conflicts. The policy allows passage only for friendly nations, with countries like China, India, Turkey, Pakistan, and Thailand negotiating safe transit, potentially generating significant revenue to offset military escalation costs. This move reflects Iran's push for control after decades of perceived impositions, though payment mechanisms remain unclear.

Myanmar Limits Fuel Purchases with QR Code System

Myanmar's military government has introduced a national QR code and barcode system to restrict vehicle fuel purchases to one or two times per week, depending on engine size, amid concerns over supply shortages exacerbated by Middle East conflicts. The policy, starting next week, builds on initial implementations in major cities and includes measures like work-from-home directives and incentives for alternative energy to conserve resources. With fuel reserves lasting about 50 days, the central bank has allocated US$96 million to support imports, highlighting the broader impacts on transportation and industry.

Cabinet Secretary Teddy States Eid Transport Runs According to President Prabowo's Expectations

Cabinet Secretary Teddy Indra Wijaya has reported that the Eid al-Fitr 1447 Hijriah transport operations, including both outbound and return flows, have proceeded smoothly and met President Prabowo Subianto's hopes for improvement over previous years. He highlighted the significant enhancements in coordination across sectors, rapid responses from the Ministry of Transportation and police, and direct field inspections that ensured minimal disruptions despite increased public mobility. The government aims to further elevate the quality of these operations annually to better serve Indonesians nationwide.

Life Insurance Association Supports Launch of Policy Guarantee Programme Starting 2027

The Indonesian Life Insurance Association (AAJI) has expressed strong support for the launch of a policy guarantee programme by the Indonesia Deposit Insurance Corporation (LPS) in 2027, despite acknowledging ongoing challenges in its implementation. AAJI Chairman Albertus Wiryono Karsono highlighted the programme's potential to boost public trust in the insurance industry, drawing parallels to the existing LPS framework for banking and noting its successful adoption in neighbouring Malaysia. The initiative aims to provide long-term protection for policyholders' funds without imposing undue burdens on the insurance sector, fostering greater societal engagement with insurance products.

MBG and Social Assistance Unaffected by Efficiency Measures

The Indonesian government plans to cut budgets for ministries and institutions to maintain fiscal discipline amid global economic pressures, particularly rising world oil prices, while restricting new budget proposals. Finance Minister Purbaya Yudhi Sadewa has assured that these efficiency measures, potentially around 10% but still under discussion, will not impact economic growth or key programmes such as MBG and social assistance. This approach aims to control excessive spending requests from ministries without disrupting overall economic activities.

Trump Claims Victory Over Iran, Threatens to Attack Energy Infrastructure if Peace Path Fails

US President Donald Trump has declared victory in the armed conflict with Iran, asserting American military dominance while criticising media coverage as fake news. Despite announcing the war's end, he warned of potential strikes on Iran's vital energy infrastructure if ongoing peace negotiations fail, following a five-day deferral of attacks after productive talks. This rhetoric highlights internal divisions within the US government, with military leaders preferring a full military resolution over diplomatic efforts, amid escalating regional tensions involving Israel, UAE, and Iraq.

Interpreting the "economy" of Eid amid the global geopolitical storm

Amid ongoing global geopolitical tensions involving the US, Israel, and Iran that are unsettling energy prices and market confidence, Indonesia approaches Eid al-Fitr 1447 H (2026) with measured realism rather than pessimism. The holiday serves as a unique economic force, acting as an organic redistribution mechanism through activities like the homecoming tradition (mudik), which contributes around 1.5% to annual national economic growth and boosts household consumption by 15-20%. This underscores the potential of Eid to foster a more inclusive, resilient, and sustainable economy if managed effectively, though it arrives with added complexities this year.

KPK Prepares 'Surprise' in Hajj Quota Case Today, to Announce New Suspects?

Indonesia's Corruption Eradication Commission (KPK) is set to reveal significant progress in its investigation into the alleged corruption surrounding the allocation of additional Hajj quotas by the Ministry of Religious Affairs, with a press conference scheduled for today. The agency has rescheduled the examination of former Minister Yaqut Cholil Qoumas, who was briefly on house arrest before being returned to KPK detention, amid ongoing scrutiny of private sector involvement, including that of Fuad Hasan Masyhur from the Maktour travel association. This development underscores KPK's determination to expand the probe, potentially naming new suspects and addressing criticisms over prior handling of the case, highlighting persistent challenges in combating corruption in public religious affairs.

Awaiting Results of Investigation into Acid Attack on KontraS Activist

Four personnel from the Indonesian National Armed Forces' Strategic Intelligence Agency (Bais TNI) have been implicated in the acid attack on Andrie Yunus, Deputy Coordinator of the Commission for Missing Persons and Victims of Violence (KontraS), with the Military Police Centre (Puspom TNI) announcing their detention on 18 March 2026. As of 23 March 2026, the investigation into these suspects—Captain NDP, Lieutenant SL, Lieutenant BHW, and Sergeant ES—is ongoing, with two others still under examination, though details on motives and chronology remain undisclosed. TNI spokesperson Major General Aulia has urged the public to await the completion of the probe, highlighting the military's commitment to uncovering the masterminds behind the assault on the human rights activist.

Trump Claims to Receive 'Major Gift' from Iran Regarding the Strait of Hormuz

US President Donald Trump has claimed that Iran has given him a "major gift" related to the Strait of Hormuz, boosting his confidence in ongoing negotiations to end the war. This comes amid reports of Iran allowing non-US and non-Israeli affiliated transit ships through the strait, presenting an opportunity for Indonesia to secure its energy supplies. The development involves diplomatic efforts by figures like Pakistan's Prime Minister Shehbaz Sharif and highlights the global energy crisis affecting nations including Indonesia, Japan, and the Philippines.

Impact of Iran War: UK Mandates Solar Panels on New Homes

In response to the economic fallout from the Iran conflict and historic disruptions in the oil market, the UK government has introduced new regulations effective from 2028, requiring all new homes to be equipped with heat pumps and solar panels to promote clean energy and enhance energy security. Energy Secretary Ed Miliband emphasised the importance of this push towards renewables to break free from volatile fossil fuel markets, with plug-in balcony solar panels set to become available soon. The policy has been welcomed by the energy industry and coincides with a 50% surge in interest for solar energy since the Middle East conflict began, underscoring the dual benefits of cost reduction and climate action.

Middle East Tensions Escalate as 1,000 US Elite Soldiers Prepare to Deploy

The United States is preparing to deploy approximately 1,000 elite soldiers from the 82nd Airborne Division to the Middle East to bolster military presence amid rising tensions, while the Trump administration engages in communications with Iran to de-escalate the conflict. This rapid response force, serving as a standby unit, reflects ongoing US efforts to address potential emergencies in the region, similar to previous deployments following the 2020 killing of Iranian commander Qasem Soleimani. The move heightens concerns over global energy supply disruptions and influences international responses, including calls for energy conservation in Asia and Indonesia's adherence to non-alignment principles.

From Detention to Home, Then Back Again: The Controversy Over Yaqut's Detention Remains Unresolved

Former Minister of Religious Affairs Yaqut Cholil Qoumas was returned to KPK detention on Tuesday after a period under house arrest in the alleged hajj quota corruption case. He arrived at the KPK's Merah Putih Building at 10:33 WIB without handcuffs, stating that the request to change his status came from his side. Yaqut expressed gratitude for the opportunity to pay respects to his mother during his time at home, highlighting the ongoing legal proceedings and public interest in the case.

Trump Claims War is Over, Invites Iran to Negotiate

US President Donald Trump has declared victory in the ongoing war against Iran, stating that initial objectives such as regime change in Tehran and halting uranium enrichment for nuclear weapons have been achieved, paving the way for negotiations to end the conflict. He announced a US negotiating team including Vice President JD Vance, Secretary of State Marco Rubio, and advisors Steve Witkoff and Jared Kushner, amid a conflict that began with US-Israeli strikes on Tehran, resulting in significant casualties including Iran's Supreme Leader Ayatollah Ali Khamenei. The war has escalated with Iranian retaliations, a blockade of the Strait of Hormuz disrupting global energy supplies and spiking oil prices, while international allies have refused to intervene militarily.

Building the Stage for Corruptors

The article critiques the Corruption Eradication Commission (KPK)'s initial decision to grant house arrest to former Minister of Religious Affairs Yaqut Cholil Qoumas in a high-profile corruption case involving Hajj quotas, highlighting how such leniency erodes public trust in anti-corruption efforts and signals a softening of legal enforcement against elite figures. Although the KPK later revoked the status and returned Yaqut to detention following a health assessment, the incident underscores broader concerns about political influences compromising judicial integrity and the systemic treatment of corruption as an extraordinary crime. This episode reflects a troubling trend under President Prabowo Subianto's administration, where rhetoric against corruption contrasts with practices that appear accommodating to powerful individuals, potentially weakening the moral and legal foundations of the state.

China is betting on bigger tech hubs for growth, but analysts warn of old risks

China is intensifying efforts to develop large-scale AI and semiconductor hubs as part of its 15th five-year plan, aiming to foster 'new quality productive forces' that drive economic growth through technological self-reliance and supply chain optimisation. However, analysts caution that this supply-driven approach risks repeating past patterns of overcapacity and mismatched demand, as seen in cases like the AI model DeepSeek, which excels in efficiency but struggles with commercial profitability. Local governments in regions such as the Yangtze River Delta and Greater Bay Area are scaling up initiatives, but success hinges on balancing innovation with viable market needs to ensure sustainable economic benefits.

Realising an Egalitarian and Dignified Marriage

This article critiques traditional Indonesian marriage practices that undermine women's agency, such as hiding the bride during the akad nikah and phrases like 'paid in cash' that evoke patriarchal and transactional connotations. It proposes four reforms grounded in Islamic principles and recent legislation like the 2022 Sexual Violence Crimes Law, including emphasising consent, including women and mothers in the akad process, rephrasing the mahar narrative, and adopting egalitarian handshakes. These changes aim to foster equality and reduce gender-based violence by challenging entrenched patriarchal symbols in weddings.

What are the Legal Risks of Undeivided Inherited Land?

Undeivided inherited land in Indonesia poses significant legal risks, including potential conflicts among heirs, complications in administrative processes like certificate transfers, and invalid unilateral sales that could lead to court disputes. According to the Ministry of Agraria and Spatial Planning/National Land Agency, heirs should promptly divide the property through consultation or legal means to ensure clear ownership, avoid tax delinquencies, and facilitate optimal land use. This guidance highlights the importance of resolving inheritance issues to prevent long-term disputes and maintain legal certainty.

Lebaran 2026 Return Flow: 1.7 Million Vehicles Begin Crowding Jabotabek

PT Jasa Marga has recorded 1.7 million vehicles returning to the Jabotabek area from H-10 to H+2 of Eid al-Fitr 1447 H, marking 50.16% of the projected total of 3.39 million by 31 March 2026, with the majority originating from the east. A significant surge was observed on 23 March, particularly at the Cikampek Utama toll gate, exceeding normal volumes by 197.7%, and further increases are anticipated on 24, 28, and 29 March. To mitigate congestion, Jasa Marga recommends utilising the Work From Anywhere policy on 25-27 March, alongside thorough trip planning via the Travoy app and adherence to traffic rules for a safe return flow.

Transport Minister and Cabinet Secretary Monitor Lebaran Return Flow at Pulo Gebang Terminal

Transport Minister Dudy Purwagandhi and Cabinet Secretary Teddy Indra Wijaya visited the Pulo Gebang Integrated Bus Terminal in East Jakarta to oversee the smooth and safe return of Lebaran travellers, reporting that the peak flow on 24-25 March proceeded without significant issues. Officials highlighted the effectiveness of government strategies, including national one-way traffic schemes and work-from-anywhere policies, in distributing travel more evenly and reducing congestion on major routes. The monitoring underscores the government's commitment to ensuring public safety and efficiency during high-volume holiday periods, in line with President Prabowo Subianto's expectations.

Peak Lebaran Return Traffic 2026: 85,000 Vehicles Crowd Cikampek Main Toll Gate on Tuesday (24/3) Night

Traffic volume at the Cikampek Main Toll Gate in Karawang, West Java, surged sharply on Tuesday night (24/3), marking the start of the peak Lebaran 2026 return flow, with 85,453 vehicles heading towards Jakarta recorded by 23:46 WIB. This represents a significant increase from the previous day's 75,000 vehicles, though it accounts for only 50.16% of the projected 3.39 million vehicles expected to return to the Jabotabek area by 31 March. PT Jasamarga Transjawa Tol is implementing strategic measures, including additional toll booth operations and one-way policies, to manage congestion and ensure smooth travel, while advising commuters to plan ahead and utilise work-from-home policies.

Saudagar Forum at PSBM Makassar 2026, Andi Rukman: Major Opportunities for Business Collaboration

The 26th Pertemuan Saudagar Bugis Makassar (PSBM) in 2026 will gather around 1,500 business actors, nine governors from South Sulawesi, and several ministers, transforming the event from a cultural gathering into a strategic platform for economic consolidation and networking. Andi Rukman N. Karumpa highlights its potential for cross-sector collaborations, direct interactions between entrepreneurs and policymakers, and expanded business networks amid national economic challenges. However, the forum raises concerns about inclusivity, economic fragmentation, and blurring lines between public and private interests.

Merdeka Gold files for Hong Kong IPO to broaden investor base

Indonesian gold miner PT Merdeka Gold Resources has filed for an initial public offering on the Hong Kong Stock Exchange, aiming to secure a dual listing following its debut on the Indonesia Stock Exchange last year. The move is intended to expand its investor base and tap into offshore capital to support increased production at its flagship Pani gold mine in Gorontalo. Despite reporting a widened net loss of US$27.5 million in 2025, the company sees the listing as a way to boost its profile among international institutional investors, with UBS and Citic Securities as joint sponsors.

2025 Premiums Fall 1.8%, Are Life Insurers Starting to Rely on Investment Returns?

The Indonesian life insurance industry saw total premium income decline by 1.8% year-on-year to Rp181.27 trillion in 2025, attributed to shifting consumer preferences towards payment patterns, though new regular premium business grew by 7.8% and the number of policyholders rose 8.6% to 168.03 million. Investment returns surged 103.1% to Rp47.32 trillion, boosting overall industry revenue to Rp238.71 trillion, with 88.5% of assets invested, including a 20.9% increase in government securities to Rp248.25 trillion supporting national development. Industry leaders and experts emphasise that while strong investment performance aids profitability, premium growth remains the core focus for long-term sustainability, amid debates on balancing underwriting profits with investment gains.

Police Patrol Tangerang Coastline, Remind Vessels Not to Carry Excess Cargo

Police from Pakuhaji Sector conducted a patrol in Cituis Fishermen's Village, Tangerang, urging fishermen and crew to adhere to regulations on vessel loading to ensure safety, particularly as post-Eid travel to the Thousand Islands increases. The patrol, led by AKP Prapto Lasono, emphasised providing life jackets, avoiding sailing in poor weather, and complying with harbour master directives to prevent overloading of passengers and goods. Additionally, amid the upcoming mudik exodus, residents were advised to enhance neighbourhood security against house burglaries, with the community appreciating the proactive measures.

Traffic volume at Cikatama Toll Gate continues to rise during peak return flow

Traffic volume at the Cikampek Utama Toll Gate in Karawang, West Java, surged to 85,453 vehicles heading to Jakarta by 23:46 WIB on Tuesday night, marking the peak of the Lebaran 2026 return flow. PT Jasamarga Transjawa Tol has implemented a national one-way system, expanded toll booths to 26, introduced contraflow lanes, and managed rest area access to ensure smooth traffic. This reflects significant infrastructure measures to handle holiday travel pressures in Indonesia's key toll road network.

Jasa Marga: 1.7 Million Vehicles Return to Jabotabek on H+2 Eid al-Fitr 2026

PT Jasa Marga reported that 1.7 million vehicles returned to the Jabotabek region during the H-10 to H+2 period of the Eid al-Fitr 2026 holidays, representing over 50% of the projected total for the month. Traffic was dominated by returns from the east (Trans Java and Bandung) at 40.9%, with significant increases noted on H+2, particularly at the Cikampek Utama toll gate, which saw a 197.7% surge compared to normal levels. To manage the influx, Jasa Marga is enhancing services, recommending travel planning via the Travoy app, and offering a 30% toll discount on 26-27 March to distribute traffic more evenly during the Work From Anywhere policy period.

South Kalimantan Strengthens Halal Industry Ecosystem

The Provincial Government of South Kalimantan is bolstering its halal industry ecosystem to enhance the global competitiveness of local industries and SMEs, primarily through halal certification programmes for SME products. This initiative aligns with regional development visions encompassing halal food and Islamic finance, addressing challenges such as limited awareness and the dispersed locations of SMEs. With over 509,000 SMEs in the province, the efforts also include training in human resources, eco-friendly packaging, and expanding access to sharia-based financing, underscoring a broader push towards a sharia-based economy.

North Coast Route in Pasuruan Flooded Tonight, Traffic Paralysed

Heavy flooding has submerged several key roads in Pasuruan, East Java, including the vital North Coast (Pantura) route used by holidaymakers, leading to complete traffic paralysis and long queues. The inundation, particularly in Beji connecting Gempol and Bangil, has forced diversions to the Southern Ring Road or tollways since 9:30 PM, exacerbating disruptions during the peak H+3 Lebaran exodus period. Local traffic police are on site managing the situation, while authorities warn against attempting to cross the deep waters.

Jasa Marga urges holidaymakers to comply with one-way and contraflow rules

PT Jasa Marga (Persero) Tbk has urged Eid return travellers to strictly adhere to one-way and contraflow traffic regulations on toll roads to ensure safety amid significantly increased traffic volumes. The company has deployed traffic controllers, safety patrol vehicles limited to 40 km/h in contraflow lanes, and installed reflectors and signage for warnings, speed limits, and restrictions on overtaking and lane changes. This measure, authorised by Indonesian Police discretion under a joint decree for Lebaran transport, aims to optimise road capacity and maintain smooth, secure journeys, with users advised to contact the 133 hotline or use the Travoy app for updates.

Drivers Must Take Note: Prohibited Actions During Implementation of One-Way and Contraflow

With a significant increase in traffic volume during the 2026 Eid al-Fitr return period, Indonesian police have implemented national one-way and contraflow traffic schemes on toll roads to optimise capacity and ensure smooth, safe travel. Jasa Marga, the toll road operator, has prepared facilities including traffic controllers, safety patrols, reflectors, signage, and speed limits of 40 km/h in contraflow lanes, restricting them to small vehicles only. Drivers are urged to maintain discipline by avoiding lane changes, sudden stops on the right shoulder, and exceeding speed limits, with emergency assistance available via Jasa Marga's hotline and app, highlighting the importance of road safety in managing peak holiday congestion.

Rafflesia Group's "Delay" Strategy: The Key to Smooth Eid Exodus and Return Flows

Rafflesia Group successfully managed the Eid al-Fitr 1447 H travel flows on the Trans Java Toll Road by implementing a precise delay system and controlled access to rest areas, preventing stagnation despite a 145% surge in vehicle volume. Policies such as Work From Anywhere and toll discounts helped distribute traffic evenly, keeping increases on key segments like Kanci-Pejagan to a manageable 130.41%. This coordinated approach with authorities sets a new standard for toll road management amid growing annual traffic demands.

Ministry of Tourism Reveals 4.2 Million Jakarta Residents Not Travelling Home for Eid, Hopes They Can Holiday in Jakarta

The Ministry of Tourism has recorded that 4.2 million residents of DKI Jakarta will not be travelling back to their hometowns for Eid al-Fitr, presenting an opportunity to boost local tourism. Deputy for Marketing Ni Made Ayu Marthini expressed hope that these residents, along with visitors from surrounding areas, will explore Jakarta's attractions during the extended holiday period. The Jakarta Provincial Government has launched a 'Holiday in Jakarta' programme, with economic impacts to be assessed in coordination with relevant ministries and statistical bodies.

Jasa Marga Records 133,000 Vehicles Heading to Jakarta Up to H+2 of Eid al-Fitr

Jasa Marga has reported a significant surge in traffic volume on the Trans-Java Toll Road, with 133,000 vehicles heading to Jakarta by H+2 of Eid al-Fitr, marking a 49.15% increase from normal levels. To manage the ongoing return flow and prevent congestion, the company has implemented one-way traffic systems and toll discounts of up to 30% on key segments until 27 March 2026. This infrastructure response highlights the critical role of toll road management in facilitating smooth post-holiday travel for millions of Indonesians.

Mudik traffic volume at Kalideres Terminal reported to have declined by 51 percent

The volume of passengers departing from Kalideres Terminal in West Jakarta for the 2026 Lebaran mudik has dropped by 51 percent compared to the previous year, according to terminal head Nur Prasetyo. Key factors include the government's free mudik programme and the short interval between the extended Christmas and New Year holidays and Lebaran, leading many to postpone their travels. This decline is evident in the reduced numbers: from 6,115 on H-3 in 2025 to 3,653 in 2026, with similar drops on subsequent days.

South Sulawesi Civil Servants Not Required to Report to Offices After Eid Holiday, Mandated to WFH or WFA

In South Sulawesi, civil servants (ASN) are required to work from home (WFH) or anywhere (WFA) from 25 to 27 March 2026, following the Eid al-Fitr holiday, in line with a circular from the Minister of State Apparatus Utilization and Bureaucratic Reform. This policy applies to all sectors except essential services like health and vehicle licensing, ensuring that routine duties continue efficiently without extending the official holiday period. Violations of the work ethics and coordination requirements may result in sanctions, underscoring the provincial government's commitment to maintaining public service delivery post-holiday.