Indonesian Political, Business & Finance News

Archive: 10 April 2026

Showing 1,601-1,637 of 1,637 articles

When Peace Cracks, Indonesia's Energy Resilience is at Stake

Escalating tensions in the Middle East, including Israel's massive airstrikes on Lebanon amid a fragile US-Iran ceasefire, threaten the reopening of the vital Strait of Hormuz, potentially disrupting global oil and LNG flows. For Indonesia, this could strain the state budget through higher energy subsidies, weaken the rupiah via increased import costs, and raise domestic prices for essentials like food and logistics. The crisis underscores the urgent need for Indonesia to accelerate energy sovereignty initiatives, such as advancing biodiesel blends, geothermal development, and electric vehicles, to transform geopolitical vulnerabilities into opportunities for national resilience.

Google Reprimanded by Komdigi for Non-Compliance with PP Tunas, TikTok and Roblox Receive Warnings

Indonesia's Ministry of Communication and Digital (Komdigi) has issued an administrative reprimand to Google, the operator of YouTube, for failing to comply with Government Regulation No. 17 of 2025 on the Governance of Electronic Systems for Child Protection (PP Tunas), which aims to ensure a safe digital environment for children. The ministry highlighted YouTube's lack of commitment to meet obligations under the regulation following an inspection, while eight platforms including Facebook, Instagram, X, TikTok, and Roblox were initially targeted for compliance. Komdigi is urging all electronic system providers to complete mandatory self-assessments of platform risk profiles within three months, expressing optimism that platforms will adhere to Indonesian law.

Danantara Establishes Subsidiary to Convert Waste into Electricity - detikFinance

BPI Danantara, through its subsidiary PT Danantara Investment Management (DIM), has formed PT Daya Energi Bersih Nusantara (DENERA) on 1 April 2026 to manage Waste-to-Energy (WtE) projects, focusing on converting waste into electricity while improving overall waste management in Indonesia. DENERA will hold a 30% stake in these facilities, with partners owning the remaining 70%, and plans to expand beyond household waste to include industrial and hazardous types using schemes like DPSR, DPS3R, and DPST. The company targets groundbreaking for three WtE projects in Bekasi, Denpasar, and Bogor by late June or early July 2026, with construction expected to take up to two years and initial operations by late 2027 or early 2028, supporting Indonesia's sustainable energy and environmental goals.

Portrait of the Muslim Nuclear Giant Welcoming US-Iran Talks, Shutting Down Capital for Two Days

Islamabad, Pakistan, has declared a two-day national holiday ahead of scheduled talks between the United States and Iran on Friday, aiming to enhance security and minimise human activity in the city. Security measures include police checkpoints across the capital, particularly around the Red Zone, with schools and shops closed and limited public movement observed. Local residents welcome the initiative, viewing the negotiations as a positive step towards reducing US-Iran tensions and averting the threat of major war, while Pakistan hopes to play a key role in fostering peace.

Balinese Migrant Worker Detained in the US, Suspected of Involvement in Sexual Assault Case

A migrant worker from Bali, identified by initials Putu JW, has been arrested by authorities in Florida, United States, on suspicions of involvement in a sexual assault case that has gone viral on social media. The Jembrana Regency government in Bali is monitoring the situation and coordinating with the Indonesian Embassy in the US and the National Agency for the Placement and Protection of Indonesian Migrant Workers (BP2MI). While details of the incident remain unclear, local officials are tracking developments through media reports as communication with the worker and his family is yet to be established.

IKJ Campus to Relocate to Old Town, Pramono Speaks Out

Jakarta Governor Pramono Anung has clarified that the Jakarta Institute of the Arts (IKJ) will not be fully relocated to the historic Old Town area, but rather provided with dedicated spaces for artistic expression and activities to enhance the site's cultural and tourism appeal. This decision follows a deeper review, aiming to preserve Old Town's primary function as a public heritage destination accessible to middle and lower-income residents via public transport, akin to Amsterdam's historic centre. The initiative seeks to revitalise the area while maintaining its artistic character without shifting the focus from tourism and cultural preservation.

IMF: Middle East Conflict Causes Major Difficulties Worldwide

The IMF's Managing Director Kristalina Georgieva has warned that the ongoing conflict in the Middle East is severely testing the resilient global economy, leading to significant disruptions worldwide. Key impacts include a 13 per cent reduction in daily oil distribution and a 20 per cent drop in liquefied natural gas supplies, potentially causing refinery shutdowns and crises in fuel and food availability. A recent two-week ceasefire between the US and Iran, following escalated attacks, has reopened the Strait of Hormuz, offering a positive development amid the turmoil that triggered global energy price surges.

The Phenomenon of Superstition in Trading: Between Psychology and Data Analysis

The article explores how traders often turn to superstitious practices amid the emotional pressures of volatile financial markets, using rituals to foster a sense of security despite relying on technical and fundamental analysis. It highlights historical examples from figures like Pablo Picasso, Charles Dickens, and investor George Soros, who incorporated personal or mystical signals into their routines, as well as popular beliefs linking lunar phases to stock price movements. While acknowledging the psychological benefits of such habits, broker Elev8 emphasises that data-driven analysis and strict risk management remain essential for long-term success in investing.

Transport Minister strengthens domestic aviation as other countries close airspace

Indonesia's Transport Minister Dudy Purwagandhi has emphasised bolstering domestic flights to counter the disruptions from airspace closures in various countries, which threaten global connectivity and travel demand. The government is capping domestic ticket price increases at 9-13% to keep travel affordable, ensuring economic mobility and tourism resilience amid global pressures like rising aviation fuel costs. This strategy draws on lessons from past crises and the COVID-19 pandemic, where domestic markets served as a buffer for the tourism sector, aiming to sustain national economic growth despite potential drops in foreign visitors.

Hezbollah Rejects Plan for Negotiations Between Lebanon and Israel

Hezbollah has strongly opposed any direct negotiations between Lebanon and Israel following Israeli Prime Minister Benjamin Netanyahu's announcement of plans to initiate talks. Hezbollah parliamentarian Ali Fayyad emphasised the need for Israel's withdrawal from Lebanese territory, an end to hostilities, and the return of displaced residents before any discussions, while urging Lebanon to first implement a disarmament agreement. Netanyahu stated that the negotiations would focus on disarming Hezbollah and establishing peaceful relations, in response to Lebanon's repeated calls for direct dialogue.

US Economy Grew Sluggishly by 0.5% in Fourth Quarter

The US economy expanded at a subdued annual rate of 0.5% in the fourth quarter of 2025, down from an initial estimate of 0.7%, primarily due to a 43-day government shutdown that slashed federal spending by 16.6%. This slowdown follows robust growth of 4.4% in the third quarter and 3.8% in the second, with full-year growth at 2.1%, the weakest since 2023. The outlook for 2026 remains uncertain amid elevated energy prices from the US-Israeli war with Iran and volatile job market trends, including a net addition of jobs in early 2026.

Satisfaction with 2026 Mudik Rises, Transport Minister Prepares Service Improvements

Public satisfaction with transportation services during the 2026 Eid al-Fitr homecoming period has increased significantly, with surveys from ITS, KedaiKOPI, and Indikator reporting indices of 82.15, 88.8%, and 85.3% respectively, reflecting effective government management and strong stakeholder collaboration. Transport Minister Dudy Purwagandhi praised the safe and orderly operations, particularly highlighting rail services at 94.3 satisfaction, and committed to implementing survey recommendations to further enhance service quality across all transport modes. This improvement supports national mobility and sustainable economic growth through ongoing innovations in infrastructure and safety.

Danantara establishes new SOE Denera, focusing on "Waste to Energy" projects

Danantara Indonesia has formed a new state-owned enterprise, PT Daya Energi Bersih Nusantara (Denera), as a subsidiary of PT Danantara Investment Management, dedicated to developing Waste-to-Energy (WtE) projects aimed at converting waste into electricity. Denera will hold 30% stakes in these projects, manage operations, and promote integrated waste management from collection to recycling, while also targeting industrial waste and public education on better waste practices. The initiative plans to tender 25 WtE projects across Indonesian cities in the second wave starting April 2026, reflecting strong local government interest in this major government-backed effort to address waste challenges and generate renewable energy.

Airlangga Confident Indonesia's Economy Can Grow 5.5 Percent in Q1 2026

Coordinating Minister for the Economy, Airlangga Hartarto, expressed optimism that Indonesia's economic growth could reach or exceed 5.5 percent in the first quarter of 2026, with the full-year projection at 5.4 percent as per the state budget assumptions. Despite global uncertainties like geopolitical tensions in the Middle East affecting energy prices and supply chains, strong domestic demand, robust tax revenues, stable food security, and strategic policies such as the B50 biodiesel programme are expected to support this growth. The government remains committed to fiscal health, targeting a debt-to-GDP ratio of 40 percent and a budget deficit around 3 percent.

North Maluku Provincial Government Targets Dufa-Dufa Ternate as Export-Oriented Fish Industry Hub

The North Maluku Provincial Government is advancing plans to transform the Dufa-Dufa Port area in Ternate into an export-focused fish industry centre, as discussed in a virtual coordination meeting with national ministries and the Ternate City Government. The initiative focuses on revising the Ternate Spatial Planning Plan (RTRW) to accommodate industrial development alongside its existing transportation function, particularly for large-scale fish freezing operations. This development aims to add value to the fisheries sector, boost regional income through profit-sharing schemes, and overcome current regulatory hurdles in land use classifications.

30 Minutes from Airport to Canggu, Transport Minister Prepares Water Taxi in Bali

Indonesia's Transport Minister Dudy Purwagandhi is accelerating the development of tourism transport infrastructure in Bali by introducing water taxi services and expanding docks to enhance connectivity and appeal to visitors. The water taxi will connect Ngurah Rai Airport to the Canggu tourism area, reducing travel time from 1-2 hours by road to a maximum of 30 minutes, while dock developments at Celukan Bawang and Gilimanuk aim to alleviate traffic congestion and improve logistics efficiency. These initiatives, including detailed engineering studies by PT ASDP and multipurpose dock expansions, are set to commence construction in August 2026, supporting broader mobility and tourism quality in the region.

Israel Opens Negotiation Option with Lebanon, Demands Disarmament of Hezbollah

Israeli Prime Minister Benjamin Netanyahu has instructed his cabinet to initiate direct negotiations with Lebanon, focusing on the disarmament of Hezbollah and fostering peaceful relations between the two nations. This development follows Israel's largest wave of attacks in Lebanon since the war with Hezbollah began on 2 March, which killed over 200 people, and comes amid Lebanon's efforts to restrict weapons in Beirut to state institutions only. The move signals a potential de-escalation, building on commitments made in 2025 to disarm the Iran-backed group and recent direct talks in December.

DPR Supports BNN's Proposal to Ban Vapes: Preventive Measure to Combat Narcotics

The Indonesian House of Representatives' Commission III member, Rudianto Lallo from the Nasdem Faction, has endorsed the National Narcotics Agency's (BNN) proposal to ban the circulation of electronic cigarettes or vapes, citing their increasing use as a medium for consuming narcotics. This support is based on research indicating harmful substances like etomidate in vapes, which could facilitate the covert distribution of drugs such as methamphetamine and marijuana. Rudianto views the ban as a crucial preventive step by BNN to anticipate and curb potential drug abuse, while urging vape business operators to remain vigilant against product misuse.

Veronica Tan urges women to create and bring about change

Deputy Minister for Women's Empowerment and Child Protection Veronica Tan has called on women to actively create and drive positive change, positioning them not merely as beneficiaries but as key contributors to Indonesia's strategic economy. Speaking at the opening of the Indonesian Women Artist (IWA) exhibition in Jakarta, she advocated for a movement to provide platforms for female artists lacking access to showcase their confidence and contributions. The IWA #4 exhibition, featuring works by prominent Indonesian female artists, aims to enhance their competitiveness and cultural documentation ahead of key commemorative dates in 2026.

BULD of DPD RI Highlights Inconsistent Cooperative Regulations Between Central and Regional Governments

The Regional Representative Council (DPD RI) through its Badan Urusan Legislasi Daerah (BULD) has concluded that cooperative regulations in Indonesia remain misaligned between central and regional governments, necessitating urgent harmonisation. Key issues identified include legal uncertainties for village heads managing finances, unclear status of existing cooperatives, and overlaps with other village economic entities, exacerbated by presidential instructions lacking enforceable legal backing. The council advocates reinforcing cooperatives as embodiments of Article 33 of the 1945 Constitution and strengthening the role of the Indonesian Cooperative Council (Dekopin) to enhance education, supervision, and advocacy.

KrediOne Strengthens Financial Literacy Among Students Through the Pindar Mengajar Programme

KrediOne has participated in the 'Pindar Mengajar: Cerdas Mengelola, Bijak Bertransaksi' educational programme at Universitas Riau, collaborating with AFPI and other stakeholders to educate over 200 students on digital financial services, risks, and the differences from illegal online lending. The initiative underscores the critical role of financial literacy in navigating the rapid growth of financial innovations, aiming to empower young people to make informed decisions and support OJK's national literacy drive. This effort is poised to foster an inclusive and sustainable digital economy in Indonesia by building a generation capable of managing finances responsibly.

National Nutrition Agency Temporarily Suspends 51 Nutrition Service Units in Central Sulawesi

The National Nutrition Agency (BGN) has temporarily suspended 51 Nutrition Fulfilment Service Units (SPPG) in Central Sulawesi effective from 31 March 2025 due to their failure to obtain Hygiene and Sanitation Certificates (SLHS) and compliant Wastewater Treatment Installations (IPAL). This action, explained by Muhammad Aril Putra, Head of the Administrative Sub-section at the Palu Nutrition Fulfilment Service Office (KPPG), aims to ensure adherence to established standards for public health and nutrition services. The measure underscores the government's commitment to maintaining high hygiene protocols in nutrition programmes across the region.

APJATEL remains committed to rolling out fibre optic networks despite rising costs

The Indonesian telecommunications industry association APJATEL has affirmed its commitment to deploying fibre optic networks, despite escalating costs driven by the Middle East conflict involving the US, Israel, and Iran, which affects key materials like corning and HDPE. While regulatory obligations under Ministry of Communication and Informatics Regulation No. 5 of 2021 mandate network expansion, industry leaders anticipate potential shortfalls in targets, such as reducing planned 50 km deployments to just 10 km. In severe scenarios, APJATEL plans to seek government incentives, drawing parallels to support requested during the COVID-19 pandemic to sustain the fibreisation programme.

Raising SME Supply Chain Issues, GP Ansor Chairman Earns Doctorate

Addin Jauharudin, Chairman of the Central Leadership of GP Ansor, has obtained a doctorate from the Faculty of Economics and Business at Brawijaya University for his dissertation on the impact of supply chain management practices on the business performance of food and beverage SMEs, focusing on mediating and moderating factors in Java regions. His research highlights the links between supply chain management and business outcomes for small enterprises, aligning with his long-standing focus on economic issues evident in his publications and professional roles. As an independent commissioner at several state-owned enterprises including PT Bank Syariah Indonesia, Addin's work underscores the integration of academic insights with practical contributions to Indonesia's economic landscape.

Fuel Policy Becomes a Test of National Leadership Facing Global Pressures

President Prabowo Subianto has opted not to raise fuel prices amid global oil volatility, a decision praised for its strategic consideration of the national budget and public welfare. Political analyst Mada Sukmajati from UGM highlights this as a critical challenge for the new administration, emphasising the need for precise timing, public trust-building, and incremental policy evaluations, including monitoring programmes like free nutritious meals and potential cabinet reshuffles. The policy aims to safeguard purchasing power and employment, while broader geopolitical tensions in the Middle East underscore the urgency of responsive governance in managing energy crises.

Efficiency, DPR Commission IX Urges BGN to Cancel Electric Motorcycle Procurement

Indonesia's House of Representatives Commission IX has called on the National Nutrition Agency (BGN) to cancel the procurement of electric motorcycles for heads of Nutrition Fulfilment Service Units, arguing that funds should prioritise improving children's nutrition under the Free Nutritious Meals programme amid ongoing government efficiency efforts. Deputy Chairman Charles Honoris highlighted the misalignment of this spending with core objectives and announced plans to summon BGN head Dadan Hindayana for clarification on the procurement's urgency. Finance Minister Purbaya Yudhi Sadewa confirmed the allocation stems from 2025 budgeting, with no new purchases planned for 2026 and any remaining imports to be rejected.

Ministry of Immigration and Corrections Replaces Riau Islands and Batam Immigration Leadership Amid Scrutiny

The Ministry of Immigration and Corrections (Kemenimipas) has appointed new high-ranking officials, including Guntur Sahat Hamonangan as Head of the Riau Islands Immigration Office and Wahyu Eka Putra as Head of the Batam Immigration Office, replacing those dismissed amid allegations of corruption. This reshuffle, aimed at organisational renewal and enhancing strategic roles, follows a viral social media incident involving alleged extortion of a Singaporean national in March 2026. The appointments underscore Kemenimipas's commitment to bureaucratic reform, professional public service, and good governance.

Mazda Indonesia Invests Rp70 Billion to Build Dealer and Training Centre in PIK 2

PT Eurokars Motor Indonesia, the sole distributor of Mazda in Indonesia, has invested Rp70 billion to construct the Mazda PIK 2 dealership and the Mazda Indonesia Training Centre in the Pantai Indah Kapuk 2 area of Jakarta. These facilities, inaugurated on 8 April 2026, aim to strengthen Mazda's operational network and enhance human resource capabilities to support long-term growth in the Indonesian market. The integrated 3S dealership and training centre will ensure consistent service standards and expand customer reach in a burgeoning business and lifestyle hub.

Transport Minister urges public to report transport extortion via social media

Transport Minister Dudy Purwagandhi has encouraged the public to report suspected extortion in transportation services, particularly in the free Eid travel programme by sea, by uploading evidence on social media for swift investigation and action. This call follows allegations of illegal fees charged to registered passengers at Kendari Port in Southeast Sulawesi, where around 6,000 free tickets were provided for routes within the province. Emphasising the role of public participation in ensuring transparency and improving service quality, the ministry aims to use such reports for evaluation and to prevent future occurrences of such practices.

APJATEL proposes OVC to streamline fibre optic network deployment

The Association of Telecommunications Network Providers (APJATEL) has proposed establishing an Operating Vehicle Company (OVC) to optimise the deployment of fibre optic networks in Indonesia, aiming to reduce high costs through shared neutral infrastructure management and collaboration between industry and government. This initiative is expected to cut investment costs by 40 to 60 per cent and accelerate network expansion while ensuring open access principles. The Ministry of Communication and Digital Affairs supports the idea, emphasising the need for non-discriminatory practices, healthy competition, and transparency to prevent monopolies and enhance urban aesthetics.

Twice Named as Suspect, Attorney General's Office Candidly Reveals Key Role of Riza Chalid in Petral Corruption Case

The Attorney General's Office (AGO) has named businessman Riza Chalid as a suspect for the second time in a corruption case involving the procurement of crude oil at Pertamina Energy Trading Limited (Petral) from 2008 to 2015, highlighting his active role in manipulating tender processes through affiliated companies and internal collaborations. Investigators uncovered how confidential information was leaked to rig tenders, leading to non-competitive procurement, mark-ups, and special guidelines that contradicted official directives, ultimately causing significant losses to Pertamina due to inefficient supply chains and inflated prices for gasoline products. This case underscores ongoing issues in the energy sector's governance, following Chalid's prior involvement in a similar scandal from 2018 to 2023.

Oil prices rise, PHE: Investment in Eastern Indonesia becomes more attractive

PT Pertamina Hulu Energi (PHE) has stated that the surge in global oil prices, driven by escalating tensions between Iran, the US, and Israel, is making upstream oil and gas projects across Indonesia, particularly in Eastern Indonesia, increasingly viable and economically justified. With Brent and WTI crude prices hovering between $95-100 per barrel—far above January 2026 averages—PHE anticipates higher revenues and improved project economics if Indonesian Crude Price (ICP) follows suit, provided costs remain stable. Despite a brief dip following a US-Iran ceasefire announcement, renewed Israeli strikes and Hormuz Strait disruptions have propelled prices upward again, heightening the appeal of these investments.

House Commission IX to Summon Head of National Nutrition Agency Next Week Over Electric Motorcycle Procurement

Indonesia's House Commission IX plans to summon the Head of the National Nutrition Agency (BGN), Dadan Hindayana, next week to address the procurement of approximately 21,000 electric motorcycles for the Nutrition Fulfillment Service Units (SPPG), amid ongoing government efficiency measures. Deputy Chairman Charles Honoris criticised the lack of consultation with the commission and deemed the purchase inappropriate, urging its cancellation. BGN justified the acquisition as essential for operational needs in remote areas with limited transportation access, where motorcycles are vital for reaching villages.

Government Examines 'Ticket Rush' System for Hajj to Eliminate Queues, Here's How It Would Work

The Indonesian government is exploring a 'ticket rush' system for Hajj pilgrimages to end long waiting lists, inspired by direct booking models, while ensuring protection for the 5.7 million people already in the queue. Deputy Minister Dahnil Anzar Simanjuntak explained that the initiative, still under formulation at the President's behest, would involve setting a price for the allocated quota of 200,000 slots from Saudi Arabia, allowing eligible applicants to book directly without queuing. This reform addresses the growing number of registrants amid limited quotas, drawing comparisons to systems in countries like Malaysia and India, and aims to make the process more flexible without disadvantaging long-time waiters.

KPK Examines Madura Cigarette Boss Haji Her to Investigate Excise Processing Mechanism

The Corruption Eradication Commission (KPK) has questioned cigarette entrepreneur Khairul Umam, known as Haji Her, as a witness in an ongoing investigation into alleged corruption within the Directorate General of Customs and Excise of the Ministry of Finance. The examination focused on the mechanisms and procedures for handling cigarette excise duties, including compliance with new protocols at the agency. This probe stems from a February 2026 sting operation that resulted in 17 arrests and six suspects, highlighting potential irregularities in the tobacco industry's excise management.

Commission III Member Says Asset Forfeiture Bill Could Violate the Constitution

A member of the Indonesian House of Representatives' Commission III, Soedeson Tandra, has warned that the draft Asset Forfeiture Bill risks conflicting with constitutional principles and civil law traditions by allowing asset seizures without a criminal court conviction. He highlighted potential violations of Article 28 of the 1945 Constitution, which protects citizens' property rights, and emphasised the need for judicial processes in line with Indonesia's in personam legal focus. Additionally, Soedeson cautioned against removing state loss elements from the bill, arguing it could lead to uncontrolled enforcement targeting civil servants, as the Commission continues consultations with experts.

Indonesia downplays World Bank growth cut to 4.7 per cent

Indonesia's Coordinating Minister for Economic Affairs, Airlangga Hartarto, has downplayed the World Bank's downward revision of the country's 2026 growth forecast to 4.7 per cent, attributing it to global uncertainties such as wars and higher oil prices affecting projections worldwide. He emphasised that the estimate remains optimistic, surpassing the global average of 3.4 per cent and reflecting the resilience of Southeast Asia's largest economy, bolstered by commodity exports and government investments. This stance underscores Indonesia's confidence in achieving better-than-forecast outcomes, as historical trends suggest, amid efforts to sustain domestic demand despite external pressures.