Indonesian Political, Business & Finance News

Archive: 10 April 2026

Showing 1,101-1,150 of 1,637 articles

Deddy Sitorus Responds to Gibran on Both Working in IKN: No Ministries, What Will the DPR Do?

Deddy Sitorus, a member of DPR Commission II, has countered Vice President Gibran's suggestion that both the government and DPR should office in the Nusantara Capital (IKN), arguing that the DPR cannot function there without the presence of executive ministries and institutions as working partners. He emphasised that legislative activities rely on collective collaboration with executive bodies, and without them, relocating the DPR would be pointless. Sitorus proposed prioritising the use of existing executive facilities in IKN on a rotational basis to avoid wasteful spending, noting that no legislative or judicial infrastructure has been built yet despite hundreds of trillions of rupiah invested.

When Ijoel and Bang Doel Meet at Jakarta City Hall...

Content creator Ijoel, known for highlighting public facility issues in Jakarta, met with Deputy Governor Rano Karno (Bang Doel) at City Hall to discuss residents' complaints directly. The two-hour meeting involved various department heads and focused on inefficiencies in grassroots government services, such as slow responses and buck-passing, which hinder access for lower-income residents without adequate smartphones or app familiarity. Ijoel urged local officials to adopt a more proactive, approachable communication style to ensure government programmes reach those in need.

Strengthening Business, Here is AZKO's Strategy Throughout 2025

PT Aspirasi Hidup Indonesia Tbk (AHI), operating the AZKO retail chain, plans to expand its footprint in 2025 by opening 27 new AZKO stores across Indonesia, reaching 265 outlets in 90 cities, while introducing the more affordable NEKA brand with 10 new locations to broaden market segments. The company is committing to sustainable growth through ESG initiatives, including energy efficiency, waste management via the BISA BAIK programme collecting 6.3 tonnes of e-waste, and the AZKO Berbagi Cahaya programme distributing over 5,500 energy-saving LED lights to support national sustainability goals. These efforts, alongside strong corporate governance recognised by awards like Indonesia's Best Managed Companies 2025, underscore AHI's strategy to adapt to dynamic market needs and enhance environmental responsibility.

PDIP Supports Reduction in Fuel Imports but Urges Government Not to Hastily Close Diesel Power Plants

Mufti Anam of PDIP's Commission VI in the DPR supports the government's plan to reduce fuel imports and achieve 100 gigawatts of electrification under President Prabowo Subianto, but warns against rushing to shut down diesel power plants (PLTD) without ensuring reliable alternatives, particularly in remote areas. He highlights the risks of electricity crises in underserved regions and the fiscal pressures, with a deficit already at Rp135.7 trillion in early 2026, stressing the need for careful planning to avoid burdening the public with higher tariffs. This stance underscores the balance between ambitious clean energy transitions and equitable access to electricity across Indonesia.

Power Outage Disrupts MRT and LRT Services, Pramono Hopes It Won't Happen Again

A sudden power outage in Jakarta on Wednesday evening halted MRT and LRT services, severely impacting public transportation in the capital. Jakarta Governor Pramono Anung expressed hope that such incidents will not recur, emphasising the need for PLN to evaluate the electrical system to prevent future disruptions to mobility and economic activities. In response to global energy crisis threats from escalating US-Israel-Iran conflicts, Pramono aligned provincial policies with central government directives, promoting energy-saving measures like Work From Home while maintaining essential public services.

Attorney General's Office Sticks with BPKP for State Financial Loss Audits, Not BPK

The Attorney General's Office (AGO) has decided to continue relying on calculations from the Financial and Development Supervisory Agency (BPKP) to determine state financial losses in corruption cases, despite a recent Constitutional Court ruling designating the Audit Board of Indonesia (BPK) as the authorised entity. This stance was articulated by AGO's Director of Investigations for Special Crimes, Syarief Sulaeman Nahdi, who cited internal studies supporting the use of BPKP. The decision is being applied to ongoing probes, including the alleged corruption in Pertamina Energy Trading Limited's crude oil procurement from 2008-2015, where losses are currently under joint calculation with BPKP.

Palu SEZ explores Czech investment through embassy talks

Indonesia’s Palu Special Economic Zone (SEZ) in Central Sulawesi is engaging with Czech businesses via the Czech Embassy in Jakarta to explore investment opportunities, particularly with technology firm ComAp, which specialises in energy management solutions. Discussions, involving key figures like the Czech Ambassador and Palu City Head, focus on integrating energy control systems and manufacturing investments to bolster the zone’s industrial ecosystem. This initiative aims to attract European investors, enhance economic ties between Indonesia and the Czech Republic, and drive local growth and job creation in eastern Indonesia.

The Suspicious Silence of the People's Representatives

The Indonesian government is implementing significant budget cuts for 2025, totalling around Rp 256.1 trillion from ministries and institutions plus Rp 50.59 trillion in regional transfers, aimed at promoting efficiency but potentially impacting public services like schools, health centres, and social aid programmes. Notably, political parties, which typically amplify public voices on budget issues, have remained unusually quiet, offering little criticism or debate despite the profound effects on grassroots needs. This muted response may stem from parties' dependence on substantial government funding—over Rp 33.6 billion in 2024—creating a conflict where they oversee the state while relying on its financial support, complicating their ability to criticise boldly.

Warteg Vendors Pressured by Plastic Prices, Sudden Emergence of 'Fancy' Warteg

Traditional warteg eateries in Indonesia are facing significant challenges from rising plastic packaging costs, driven by global oil price surges amid Middle East conflicts, and a new government Work From Home policy for civil servants that reduces lunchtime footfall. Meanwhile, upscale 'fancy' warteg concepts are gaining popularity among middle-to-upper-class customers, but experts argue they do not directly threaten the survival of conventional wartegs, which serve as vital affordable food options for lower-income urban workers. This trend highlights the resilience of Indonesia's informal economy and the distinct market segments within the street food sector.

Minister of Imipas Takes Firm Action Against Personnel Involved in Drug Circulation in Prisons

Indonesia's Minister of Immigration and Corrections, Agus Andrianto, has reaffirmed the government's commitment to eradicating drug trafficking within prisons and detention centres by imposing strict penalties on both inmates and rogue personnel involved. Measures include enhanced technological surveillance, intensified raids in collaboration with the National Narcotics Agency (BNN) and police, and the transfer of 2,284 high-risk inmates to the high-security Nusakambangan facility to disrupt drug networks and support rehabilitation. This comprehensive approach underscores the need for collaborative efforts to ensure prisons serve as secure environments for social reintegration free from narcotics.

IPSI states majority of members want Prabowo to return as general chairman

The Executive Board of the Indonesian Pencak Silat Association (PB IPSI) has indicated that the majority of its members desire Prabowo Subianto to resume his role as General Chairman for the 2026-2030 period, despite his upcoming duties as Indonesia's President. During the XVI National Conference in Jakarta, PB IPSI's Deputy General Secretary H.R. Bayu Syahjohan noted that while several candidates have registered, provincial boards and major dojos overwhelmingly support Prabowo's return, though his willingness will be confirmed at the conference on Saturday. Prabowo's extensive leadership history, including five terms since 2004 and his position as President of the World Pencak Silat Federation since 2010, underpins the push for his continued involvement to advance pencak silat towards Olympic inclusion.

Electric Vehicle Adoption: Still Requires Policy Intervention

Indonesia's government target of achieving 10% electric vehicle penetration by 2030 is increasingly difficult to meet, with current adoption rates below 1%, hindering the formation of a sustainable ecosystem amid rising emissions from fossil fuel-dependent transport. National Energy Council member Sripeni Inten Cahyani highlights that without curbing the growth of conventional vehicles and ensuring consistent policy implementation, including incentives and financing support, the ambitious goal risks remaining unfulfilled. This underscores the need for stronger governmental interventions to accelerate the energy transition in the transportation sector.

How to Register BPJS for Newborn Babies in 2026: Don't Miss the 28-Day Deadline for Immediate Activation

Indonesian parents must register their newborn babies with BPJS Kesehatan within 28 days of birth to ensure immediate access to health protection under the JKN programme, as mandated by Presidential Regulation No. 82 of 2018. Rumours suggesting automatic registration for Indonesian citizens' babies starting April 2026 have been debunked, with officials emphasising the need for family-initiated enrolment. Even if registration exceeds the deadline, premiums will be retroactively charged from the date of birth, while data updates via NIK must be completed within three months.

Video: Iran War Tensions Heat Up, Indonesia Must Secure Fuel Supply and Prices

Escalating tensions in the Middle East war involving the US, Israel, and Iran have led to the closure of the Strait of Hormuz, disrupting global energy supply chains and driving crude oil prices above USD 100 per barrel. As a net oil importer, Indonesia faces significant risks to its energy security, prompting the government to diversify suppliers and maintain subsidies on fuel to ensure affordability. National Energy Council member Satya Widya Yudha highlights the vulnerability of oil prices despite a ceasefire and stresses the importance of stable fuel and LPG supplies for public access.

Myanmar junta chief sworn in as president

Myanmar's military leader, Min Aung Hlaing, was sworn in as president on 10 April, marking a formal transition to civilian rule five years after his coup that ousted Aung San Suu Kyi and ignited a civil war. The ceremony followed a junta-organised election that excluded opposition parties and was rejected by rebels, with democracy watchdogs dismissing the move as mere rebranding of military control. Attended by representatives from China, India, and Thailand, the event underscores ongoing international isolation for Myanmar's leaders amid sanctions and stalled projects.

How the Rupiah's Weakness Increases the Government's Debt Burden

The weakening of the Indonesian rupiah to around Rp17,100 per US dollar is heightening the government's debt servicing costs, particularly for its foreign currency-denominated obligations, which constitute about 25% of total debt. Experts warn that this could push the debt service ratio from 49% to 51%, while also inflating energy subsidies and import-related expenditures, leading to an estimated Rp800 billion deficit per 100-point rupiah depreciation from the budgeted Rp16,500 level. This situation underscores the vulnerability of Indonesia's 2026 state budget to exchange rate fluctuations amid ongoing oil imports and substantial external borrowings.

Rano Karno notes continuous increase in KJMU recipients

Jakarta Deputy Governor Rano Karno has observed a rise in the number of recipients of the Kartu Jakarta Mahasiswa Unggul (KJMU) scholarship, from 16,979 students in phase I to 16,920 in phase II, highlighting expanded opportunities for Jakarta's youth to pursue higher education. He emphasised that KJMU is a strategic initiative by the Jakarta Provincial Government to not only provide financial aid but also foster academic excellence, integrity, and community service among the younger generation. Rano urged students to form forums for collaboration, engage in community service, and contribute meaningfully to Jakarta's development.

Collaboration Continues: bank bjb Strengthens Partnership with TNI Headquarters

bank bjb has renewed its strategic partnership with the Indonesian National Armed Forces (TNI) Headquarters by signing an extension to their financial services agreement, originally established in 2022, to provide comprehensive banking solutions tailored to military personnel's needs. The expanded services include credit facilities such as Kredit Guna Bhakti for active duty members, Kredit Persiapan Purna Bhakti for those nearing retirement, home ownership loans, and support for micro, small, and medium enterprises, alongside savings accounts, digital banking, and pension planning programmes. This collaboration aims to enhance financial accessibility for TNI staff, including contract employees, fostering economic independence and mutual benefits for both the bank and the military institution.

Uproar Over KRL Green Line 'Chaos' and 'Horror', Transport Minister Issues This Directive

The Indonesian government plans to enhance the capacity of the KRL Green Line between Tanah Abang and Rangkasbitung by introducing larger train sets, addressing persistent overcrowding complaints. Transport Minister Dudy Purwagandhi has instructed officials to upgrade the fleet and improve the electrification network to support longer trains and shorter headways. This interim measure aims to provide relief while awaiting longer-term mass transit projects, with technical planning documents nearing completion.

KPK Implements WFH Today, Witness Examinations Still Proceed

Indonesia's Corruption Eradication Commission (KPK) has begun implementing a work-from-home (WFH) policy today as part of the government's energy efficiency initiative, combining remote and office-based work for its employees. Essential public services such as information provision, library access, public complaints, and wealth reporting for state officials will remain operational, with other services optimised online. This move supports bureaucratic transformation while ensuring ongoing operations, including witness examinations.

Airlangga Targets Indonesia's Q1 2026 Economy to Grow 5.5%, Here Are the Supports

Indonesian Coordinating Minister for the Economy, Airlangga Hartarto, has expressed optimism for a 5.5% economic growth in the first quarter of 2026, aligning with the annual projection of 5.4% outlined in the 2026 State Budget, despite ongoing global uncertainties such as Middle East conflicts impacting energy prices. Key domestic drivers include robust household consumption contributing 54% to GDP, a 14.3% rise in tax receipts to Rp462.7 trillion by March 2026, and manufacturing expansion, bolstered by fiscal discipline maintaining debt at around 40% of GDP and a budget deficit target of 3%. Strategic policies like the B50 biodiesel implementation from July 2026 are expected to save up to Rp48 trillion, helping absorb potential shocks from fuel price hikes.

Prabowo Escorted by F-16 Fighter Jets to Sleman

President Prabowo Subianto's presidential aircraft was escorted by four F-16 Fighting Falcon jets and two KAI T-50 Golden Eagle aircraft from Jakarta to Sleman, Yogyakarta, as part of the 80th anniversary celebrations of the Indonesian Air Force (TNI AU) on 9 April 2026. During the flight, Prabowo communicated with the pilots, expressing pride in the air force and invoking the motto "Swa Bhuwana Paksa," while the pilots sought his blessings for their service to the nation. Air Force Chief of Staff Marsekal TNI Mohammad Tonny Harjono emphasised the importance of enhancing advanced weaponry and human resources to bolster national defence amid ongoing modernisations.

Schedule for Friday Evening Services at Dukcapil Jakarta in April 2026

The Jakarta Population and Civil Registration Office (Dukcapil) has scheduled its Friday Evening service for 10 April 2026, operating from 4:30 PM to 7:30 PM WIB at local kelurahan offices based on residents' domicile. This programme targets first-time e-KTP recordings for 16-year-olds and KTP printing and IKD activation for 17-year-olds, with specific requirements including photocopies of family cards and active mobile numbers. Additional guidance on taking good KTP photos and memorising the 16-digit NIK through understanding its components enhances accessibility to these essential public services.

Consumer Confidence in Indonesia's Economy Declines Again in March 2026: What Does It Signify?

Indonesia's Consumer Confidence Index (IKK) fell for the second consecutive month in March 2026, dropping to 122.9 from 125.1 in February, according to Bank Indonesia data. While still above the 100 threshold indicating optimism, the decline is most pronounced among higher-spending and younger consumer groups, with expectations for future economic conditions also weakening due to concerns over income, job availability, and business activity. Bank Indonesia views this as an early warning signal of caution rather than a crisis, suggesting that aggressive spending is easing but consumption has not slowed sharply.

Trump's Megaproject Suddenly Halted, Entangled in Legal Issues

OpenAI has temporarily halted its ambitious Stargate UK AI data centre project, a symbol of US-UK technological collaboration initiated under former President Donald Trump, due to regulatory hurdles and high energy costs in Britain. The delay undermines the UK government's aspirations to become a global AI hub, with Prime Minister Keir Starmer prioritising AI in economic growth strategies ahead of the 2029 elections. OpenAI remains optimistic about future resumption if investment conditions improve, highlighting the project's role in bolstering sovereign computing capabilities.

PP Tunas Assists Parents in Protecting Children's Future

The Indonesian Government Regulation (PP) Number 17 of 2025, known as PP Tunas, aims to safeguard children from digital threats by imposing age-based restrictions on access to social media and digital services, requiring parental consent. It classifies platforms by risk levels, limiting under-13s to low-risk child-specific services, while gradually deactivating high-risk accounts for those under 16 starting March 2026. This initiative supports Indonesia's vision of a Golden Indonesia in 2045 by ensuring children grow into a quality generation amid rising daily internet usage averaging seven hours.

WFH for Civil Servants Takes Effect: Ministry of Finance Empty, Coordinating Ministry for the Economy Remains 50% On-Site

Indonesia's new policy allowing civil servants to work from home one day per week officially began on Friday, with the Ministry of Finance implementing full WFH for eligible staff, resulting in a notably quiet office environment. In contrast, the Coordinating Ministry for the Economy requires only 50% of its personnel to work remotely, maintaining normal operations. This flexible work arrangement, excluding those on official duties, highlights varying departmental approaches to balancing productivity and remote work post-holidays.

Video: Government Optimistic that Indonesia's Economy Will Still Grow by 5.4% in 2026

Indonesia's Coordinating Minister for the Economy, Airlangga Hartarto, has expressed optimism that the country's economy will continue to grow in 2026 at a rate of at least 5.4%. Additionally, Febrio Nathan Kacaribu, Director General of Economic and Fiscal Strategy at the Ministry of Finance, anticipates that growth in the first quarter of 2026 could reach 5.5%. This positive outlook underscores the government's confidence in sustaining economic momentum amid global uncertainties.

Sultan HB X Targets 6% Economic Growth for DIY This Year

The Governor of the Special Region of Yogyakarta (DIY), Sri Sultan Hamengku Buwono X, has urged civil servants in Bantul Regency to be more innovative and creative amid budget efficiency measures imposed by the central government. He expressed hope that DIY's economy will achieve 6% growth this year, building on the region's 5.94% growth in the fourth quarter of 2025, which was the highest on Java. This comes in response to President Prabowo's presidential instruction limiting ceremonial and seminar activities to enforce fiscal restraint in the 2025 state and regional budgets.

Rosan Makes Sudden Visit to Solar Cell Factory in China, Attracting Investors Again?

Indonesia's Minister of Investment and Downstreaming, Rosan Perkasa Roeslani, visited Yingfa Group's solar cell manufacturing facility in China to explore investment opportunities in sustainable new energy. The trip focused on advanced technologies like TOPCon, HJT, Perovskite, and BC, aiming to foster collaborations that strengthen Indonesia's renewable energy ecosystem and support national downstreaming efforts. This initiative seeks to attract global investors for green technology research and innovation centres, expanding beyond mining commodities to clean energy sectors and accelerating the country's energy transition targets.

UI Professor: Tunas Regulation Protects Children in Digital Space - Parents' Moment

Professor Rose Mini Agoes Salim from the University of Indonesia's Faculty of Psychology has praised the Government Regulation on the Governance of Electronic Systems for Child Protection (PP Tunas) as a positive step to safeguard children online while urging parents to enhance their digital literacy. She emphasises that while the regulation restricts children's access to digital platforms, its effectiveness depends on family education to prevent children from bypassing restrictions and to foster responsible technology use. Implemented in 2026, PP Tunas aims to shield minors from cyberbullying, digital scams, and harmful content, supported by ministerial guidelines.

Four Fake KPK Employees Arrested, Suspected of Demanding Money from DPR Member

A joint team from the Corruption Eradication Commission (KPK) and the Metro Jaya Police arrested four individuals on Thursday night who were impersonating KPK employees and allegedly extorting $17,400 from a member of the House of Representatives (DPR) by promising to influence case handling at the KPK. The KPK spokesperson emphasised that genuine employees carry official identification and do not solicit bribes or act as intermediaries, urging the public to remain vigilant against such scams and report them promptly. This incident highlights ongoing efforts to combat corruption and fraud that undermine public trust in anti-corruption institutions.

Telkomsel and ZTE Use AI for Networks to Achieve More Stable Internet

Telkomsel has partnered with ZTE to develop AI-based telecommunications networks in Indonesia, aiming to enhance service quality and customer experience through innovative technologies. The collaboration, formalised at the Mobile World Congress 2026 in Barcelona, focuses on AI-native Radio Access Networks and Edge User Plane Function implementation to reduce latency and improve broadband access, particularly in underserved regions. This initiative is expected to foster a more reliable and inclusive digital ecosystem across the country.

Indonesia's Tourism Sector Shows Positive Growth in Early 2026, Foreign Tourist Visits Surge Dramatically

Indonesia's tourism sector is experiencing robust growth in early 2026, with foreign tourist visits reaching 1.16 million in February, a 13.37% increase from the previous year, and cumulative visits for January-February totalling 2.35 million, up 7.77%. Domestic travel has also rebounded strongly during the Nyepi and Eid holidays in March, with 12.77 million trips to priority destinations, boosting local economies and supporting SMEs. Tourism Minister Widiyanti Putri Wardhana highlighted ongoing government policies to sustain this momentum amid global economic challenges.

Understanding the Differences Between SHM, HGB, and HPL: Which is the Safest?

This article explains the key differences between Sertifikat Hak Milik (SHM), Hak Guna Bangunan (HGB), and Hak Pengelolaan (HPL) in Indonesia's land rights system, all regulated by the Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN). SHM offers the strongest ownership with no time limit and full rights, while HGB allows building on non-owned land for a renewable period of up to 30 years, and HPL provides management rights over state-controlled land typically for government entities or SOEs. Although SHM is deemed the safest due to its permanence, HGB and HPL remain legally secure if properly obtained, emphasising the importance of clear land status to avoid disputes in property transactions.

Bulog Confident Indonesia Will Maintain Rice Self-Sufficiency Despite El Niño

PT Perum Bulog, Indonesia's state logistics agency, expresses optimism that the country can sustain rice self-sufficiency amid the anticipated severe El Niño phenomenon in 2026, supported by a robust national rice stock of 4.6 million tonnes sufficient for 11 months. Agriculture Minister Andi Amran Sulaiman highlights the need for additional warehouse capacity, with the government renting extra space and deploying 80,000 free irrigation pumps nationwide to bolster rice production. This confidence follows President Prabowo Subianto's declaration of rice self-sufficiency in January, after no imports were needed throughout 2025, underscoring the government's commitment to food security.

Crack Down on Illegal Levies in Transportation Sector, Transport Minister Dudy Urges Public to Report via Social Media

Transport Minister Dudy Purwagandhi has called on the public to report suspected illegal levies (pungli) in the transportation sector, particularly during free Lebaran travel services by sea, by sharing evidence on social media for swift investigation. This follows reports of such practices in Kendari, Southeast Sulawesi, during the 2026/1447 Hijri Lebaran period, with the ministry yet to receive official complaints but emphasising the need for detailed reports including timestamps, locations, and involved parties. The initiative aims to enhance transparency, improve service quality, and prevent future occurrences through public involvement and evidence-based evaluations.

Legalisation of Marriage Books at the Ministry of Religious Affairs Building: Schedule and Service Locations

The Ministry of Religious Affairs (Kemenag) continues to provide marriage book legalisation services at its Jakarta headquarters despite work-from-home adjustments, ensuring public access to essential religious services. Director Ahmad Zayadi emphasised that these services remain uninterrupted, operating on weekdays from 08:00 to 14:00 (Monday-Thursday) and until 11:00 on Fridays, to support administrative needs like banking and immigration. Detailed requirements and procedures are outlined for both domestic and international purposes, highlighting the ministry's commitment to adaptive and professional public service delivery.

Four Fake KPK Employees Arrested, USD 17,400 Seized

A joint team from the Corruption Eradication Commission (KPK) and Metro Jaya Police arrested four individuals posing as KPK staff in West Jakarta, who allegedly extorted money from a House of Representatives member by claiming they could influence corruption case handling. Authorities seized USD 17,400 as evidence during the operation. The KPK has urged the public to remain vigilant against such scams and report any suspicious activities, emphasising that genuine KPK officers carry official identification and never solicit bribes.

Value of PSEL Danantara Projects in 3 Regions Reaches Rp 2.8 Trillion

Indonesia's Badan Pengelola Investasi Daya Anagata Nusantara (BPI Danantara) has appointed two Chinese companies to construct Waste-to-Energy (PSEL) facilities in Greater Bogor, Bekasi, and Greater Denpasar, with each project valued between Rp 2.5 and 2.8 trillion. The ownership structure allocates 70% to the Chinese partners and 30% to PT Daya Energi Bersih Nusantara (Denera), with funding primarily through 70% loans and 30% equity. These initiatives aim to reduce landfill accumulation, integrate waste management systems, and generate electricity for sale to PT PLN at US$0.2 per kWh, fostering a positive investment climate in Indonesia.

Fake KPK Agents Extort DPR Member of Rp297 Million by Claiming to Be Sent by Leadership

A joint team from the Corruption Eradication Commission (KPK) and Metro Jaya Police apprehended four individuals who posed as KPK officials and allegedly extorted US$17,400 (approximately Rp297 million) from a House of Representatives (DPR) member. The suspects claimed to be emissaries from KPK leadership capable of influencing case handling, leading to their arrest in West Jakarta with the money as evidence. KPK has urged the public, government officials, and institutions to remain vigilant against such impersonation scams and to report them promptly, reaffirming that all official KPK activities are free and conducted with proper identification.

Foreign Investors Suddenly Launch Major Net Sell, Hammering BBCA to BUMI

Foreign investors unexpectedly executed a massive net sell of Rp 1.73 trillion on the Indonesia Stock Exchange on Thursday, primarily targeting shares in BBCA, BBRI, BMRI, BUMI, and BRPT, with BBCA seeing the largest outflow of Rp 611 billion. This activity contributed to a year-to-date net sell total of Rp 37.3 trillion, despite the Composite Stock Price Index (IHSG) closing higher by 0.39% at 7,307.5 points and most sectors advancing, except for finance which declined 1.2%. The event underscores volatility in the market, with significant gains in select stocks like PEGE and HDFA contrasting sharp drops in others such as TEBE and GSMF.

Indonesia adjusts WFH policy to maintain transport services

Indonesia's Transportation Ministry has modified the government's work-from-home (WFH) policy, limiting daily office attendance to 40 percent from Monday to Friday, to ensure uninterrupted public transport operations. This adjustment, which involves rotating shifts for its approximately 5,000 employees, deviates from the full Friday WFH mandate set to begin in April 2026, while aligning with broader energy efficiency goals by reducing fuel consumption and air pollution in Jakarta. The flexible arrangement underscores the ministry's commitment to service continuity and fair workload distribution, as part of the national strategy led by Coordinating Minister Airlangga Hartarto.

Environment Minister and East Kalimantan Governor Accelerate PSEL Development in Two Agglomerations

Indonesia's Environment Minister Hanif Faisol Nurofiq and East Kalimantan Governor Rudy Mas'ud have committed to expediting the construction of Waste-to-Energy (PSEL) facilities in the Balikpapan and Samarinda agglomerations, as mandated by President Prabowo Subianto to address waste management challenges. These projects aim to achieve a national waste handling rate of 63.41% by 2026 and will cover waste from the new capital Nusantara (IKN), including surrounding areas like Kutai Kertanegara. The initiative is expected to significantly support waste resolution efforts in East Kalimantan, promoting sustainable environmental practices.

Glancing at BRI's Achievements Under Hery Gunardi's Steady Leadership

Under the leadership of Hery Gunardi, appointed as President Director in March 2025, PT Bank Rakyat Indonesia Tbk (BRI) has achieved significant milestones in its transformation, including the launch of BRIVolution Reignite to enhance business foundations and digitalisation, alongside a corporate rebranding on its 130th anniversary to modernise its identity while upholding its commitment to the people and SMEs. The bank reported robust financial performance for 2025, with net profit reaching Rp57.13 trillion, credit expansion to Rp1,521.49 trillion, and total assets of Rp2,135.37 trillion, supported by strong third-party funds. BRI's reputation soared with 163 awards, including top rankings in Forbes Global 2000 and Fortune Southeast Asia 500, underscoring its pivotal role in Indonesia's economy and global financial standing.

Prabowo's Message from the Cockpit of the Presidential Aircraft on the 80th Anniversary of the Indonesian Air Force: Protect Our Homeland!

President Prabowo Subianto conveyed a message of pride and appreciation to the Indonesian Air Force (TNI AU) from the cockpit of the presidential aircraft during its escort by six fighter jets on the occasion of the force's 80th anniversary. The escort, involving four F-16 Fighting Falcons and two KAI T-50 Golden Eagles, underscored the TNI AU's professional readiness in securing VIP flights, coinciding with national air defence reflections. Prabowo urged the airmen to remain strong in safeguarding the nation's sovereignty, while pilots expressed gratitude for his prior support as Defence Minister in modernising military equipment.

Pramono Reveals Reasons for Choosing Lapangan Banteng as Venue for Betawi Lebaran

Jakarta Governor Pramono Anung has selected the revitalised Lapangan Banteng as the venue for the 2026 Lebaran Betawi celebration, citing its improved facilities, connectivity to the A.A. Maramis Building, and ample space for orderly events. The three-day event from 10-12 April, marking its 18th edition, aims to strengthen community bonds post-Eid and preserve Betawi culture amid Jakarta's global development, featuring cultural performances, carnivals, and culinary bazaars under the theme of unity and tradition. This choice underscores the provincial government's efforts in cultural preservation and enhancing public spaces for large-scale community gatherings.

Status of the Land in Tanah Abang Where Maruarar and Hercules Clashed in Argument

A plot of state-owned land near Tanah Abang Station in Central Jakarta, currently used as a truck parking area for the local market and managed for decades by the Gerakan Rakyat Indonesia Bersatu (GRIB) organisation, has become the subject of a public dispute between Housing Minister Maruarar Sirait and GRIB leader Rosario de Marshal, known as Hercules. The minister aims to develop the site into affordable housing for low-income residents, emphasising that it will not benefit private developers. Hercules acknowledged the land's state ownership under Hak Pengelolaan Lahan (HPL) status and expressed willingness to relinquish control immediately for public housing purposes, highlighting ongoing tensions over underutilised state assets in urban areas.

Viral Fruit Seller on Bogor Highway in East Jakarta Rages During Satpol PP Enforcement

A fruit vendor in Ciracas, East Jakarta, protested vehemently against Satpol PP's routine crackdown on street traders by placing her toddler in an enforcement truck and brandishing a suspected sharp weapon, leading to a tense confrontation that went viral. The incident, which occurred on Thursday, aimed to improve traffic flow and pedestrian space in line with local regulations, highlighting the challenges of balancing public order with traders' livelihoods. Satpol PP head Satriadi Gunawan emphasised that operations are conducted humanely and routinely, with prior persuasion, amid risks of public backlash as seen in similar viral events.

Prabowo inaugurates EV plant in Magelang, targets higher local content

President Prabowo Subianto inaugurated Indonesia’s first commercial electric vehicle assembly plant in Magelang, operated by PT VKTR Sakti Industries, which assembles electric buses and trucks with internationally standardized testing facilities. The company, backed by a Rp5 trillion investment from Bakrie Group, aims to boost local content from 40 percent to 80 percent by 2028, while expanding green mobility infrastructure to support decarbonization and Indonesia’s net zero emissions goal by 2060. This initiative underscores the government’s push for domestic industrialization and reduced reliance on imported fuel through national private sector involvement.