Indonesian Political, Business & Finance News

Archive: 13 April 2026

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Three Indonesian Ships Arrive in Spain to Join Voyage to Gaza

Three Indonesian ships, purchased through crowdfunding by the Global Peace Convoy Indonesia (GPCI), have arrived in Barcelona, Spain, to participate in the Global Sumud Flotilla 2026 mission aimed at breaking the Gaza blockade and delivering humanitarian aid. The vessels, set to be named after Indonesian heroes and a fallen peacekeeper, will hoist the Indonesian flag and join hundreds of other ships in a massive international effort involving sea and land convoys to raise global awareness against the alleged Israeli occupation and genocide in Gaza. This participation highlights Indonesia's active role in global humanitarian activism and solidarity with Palestine.

Terrifying Tactics: Tulungagung Regent Extorts His Subordinates

The Corruption Eradication Commission (KPK) has named Tulungagung Regent Gatut Sunu Wibowo and his aide Dwi Yoga Ambal as suspects in an extortion case involving local government officials. Gatut allegedly coerced department heads into signing undated resignation letters to ensure compliance with his demands for money, threatening immediate dismissal for non-compliance. This scheme forced subordinates to borrow funds or use personal money to meet the illicit requests, highlighting severe abuses of power in regional administration.

US Threatens Iran Blockade, Oil Prices Could Surge to This Level

The United States has threatened to blockade Iranian ports following failed peace talks, escalating tensions in the region and potentially disrupting global energy supplies through the Strait of Hormuz. Oil prices have already surged above US$100 per barrel, with President Trump acknowledging that high energy costs could persist until the midterm elections, impacting domestic politics. Iran has responded defiantly, warning of retaliation, while both sides express cautious openness to further negotiations amid ongoing disputes over nuclear programmes and regional support.

Today, Three TNI Soldiers to Present Exceptions in Trial over Death of State-Owned Bank Branch Head

The Military Court II-08 in Jakarta is holding a hearing today where three Indonesian National Army (TNI) personnel—Serka Muhammad Nasir, Kopda Feri Heriyanto, and Serka Frengky Yaru—are scheduled to present their legal exceptions to the charges filed by the Military Prosecutor II-07 in the premeditated murder case of Mohammad Ilham Pradipta, the head of a state-owned bank branch. The prosecutors have also prepared subsidiary charges of ordinary murder and alternative charges of deprivation of liberty resulting in death, citing various articles from the Criminal Code and the 2023 Criminal Code Law. This case highlights the intersection of military justice and crimes involving state-owned enterprise officials, underscoring accountability mechanisms within Indonesia's legal framework.

Bogor Regent affirms ASN positions filled based on competence

Bogor Regent Rudy Susmanto has emphasised that all civil service positions within the Bogor Regency Government must be filled based on merit through a transparent system, aiming to foster a clean and professional bureaucracy. He highlighted mechanisms such as open bidding and strengthened internal oversight to ensure appointments go to the most capable individuals, with zero tolerance for deviations like alleged job trading, which are promptly investigated by the Inspectorate. This commitment, supported by legislative synergy, is key to building accountable governance focused on public service.

Yesterday, Tulungagung Regent Extorts OPDs as Police Arrest Ki Bedil

The Corruption Eradication Commission (KPK) has accused Tulungagung Regent Gatut Sunu Wibowo of targeting Rp5 billion in extorted funds from 16 regional government agency heads, using resignation letters and ASN status as leverage, while also allegedly rigging procurement contracts for cleaning and security services. Some officials reportedly borrowed money to meet his demands. Separately, national police arrested TS alias Ki Bedil for 20 years of illegal firearms sales in West Java.

The ins and outs of the US-Iran ceasefire that leaves several obstacles

Tensions between the United States and Iran have escalated dramatically following a joint US-Israeli attack on 28 February that killed Iran's Supreme Leader Ali Khamenei and over 3,000 others, prompting Iranian retaliation with drones and missiles targeting Israel and US assets in the region. A fragile two-week ceasefire was agreed upon on 7 April through mediation by Pakistan, amid threats to global energy trade via the Strait of Hormuz and Indonesia's offer to mediate via President Prabowo Subianto. However, mutual suspicions persist, with Iran wary of US violations and the US suspected of using the pause to bolster its position, highlighting ongoing regional instability.

Yesterday, Putin to Meet Prabowo to PSI Preparing Political Machinery

ANTARA reports several key political developments in Indonesia, including Russian President Vladimir Putin's upcoming meeting with Indonesian President Prabowo Subianto in Moscow to discuss strategic partnerships, highlighting strengthening bilateral ties. The Indonesian Solidarity Party (PSI), led by Kaesang Pangarep, is gearing up for the 2029 elections by bolstering its grassroots organisational structure and inviting prominent national figures to join, aiming to enhance its political influence. Additionally, Indonesia and Australia are intensifying cooperation to combat online radicalisation and terrorism funding, while DPR members push for better allowances and facilities for immigration officers at border areas, underscoring efforts in security and governance.

Vote of No Confidence in Andrie Yunus and Response from Military Prosecutor's Office

Andrie Yunus, Deputy Coordinator of Kontras, has issued a vote of no confidence in the military court amid his ongoing legal proceedings involving an acid attack by four TNI soldiers, insisting that all perpetrators, regardless of military affiliation, should be tried in civilian courts to ensure justice and prevent impunity. He highlights criticisms of the military judiciary's role in human rights violations and notes that Kontras, along with civil society coalitions, is challenging the TNI Law and its revisions at the Constitutional Court to limit military involvement in civilian affairs. In response, Colonel Andri Wijaya of the Military Prosecutor's Office II-07 Jakarta affirmed that citizens are free to hold views on institutions like the TNI, with public opinion ultimately judging them.

Two Women Swear While Stepping on the Qur'an, Muhammadiyah: Lack of Knowledge

Two women in Lebak, Banten, have been named suspects after a viral video showed them swearing an oath while stepping on the Qur'an, an act deemed religious blasphemy. Muhammadiyah's leadership attributes the incident to a lack of religious knowledge among Muslims, viewing it as a challenge for religious figures to educate the community more effectively. The case stemmed from a dispute over missing makeup items ordered online, highlighting how personal conflicts can escalate into serious legal matters involving religious sensitivities.

US-Iran Fail to Reach Agreement, 20% of Global Energy Supply at Risk

Tensions have escalated after the United States and Iran failed to secure a peace agreement following 21-hour marathon negotiations in Islamabad, Pakistan, exacerbating an already fragile ceasefire in a conflict that has lasted over six weeks and claimed thousands of lives. The breakdown in talks, amid mutual recriminations over excessive US demands and unresolved issues like control of the Strait of Hormuz and Iran's nuclear programme, raises alarms for global markets as the strait handles 20% of the world's energy supply. This development threatens to drive up energy prices further and undermine international economic stability.

IKN Requires 12 Tonnes of Fish per Month, ITB-Trained Fishermen Ready to Support

As the new capital Nusantara (IKN) prepares to host thousands of civil servants, the demand for food, including fish, is set to rise significantly, with an estimated need of 12 tonnes of fish monthly. Fishermen in Loa Kulu village, Kutai Kartanegara, East Kalimantan, led by resilient cultivator Muhmajadi, are gearing up to meet this demand through their floating net cage operations on the Mahakam River, producing up to 10 tonnes of tilapia per month collectively. Having overcome a devastating 2005 virus outbreak by switching to hardier tilapia and recently enhancing their skills via a seven-month intensive training programme at Bandung Institute of Technology's People's Fisheries School, these local producers are poised to bolster the economic and food security foundations of Indonesia's future capital.

US Forces Deny Trump's Threat, Will Not Fully Blockade Strait of Hormuz

US Central Command has clarified that it will not impose a full blockade on the Strait of Hormuz as threatened by President Trump, instead restricting maritime traffic only to and from Iranian ports starting 13 April. This follows the failure of US-Iran negotiations in Islamabad, where deep divisions over Iran's nuclear programme and regional control were evident, prompting Iranian officials to dismiss the threats as laughable and vow to counter any such moves. The announcement underscores escalating tensions in the region, with Iran asserting its ability to thwart US actions while the US seeks to pressure Tehran without disrupting global navigation freedoms.

Meeting Putin, Prabowo to Ensure Oil Availability from Russia

Indonesian President Prabowo Subianto is set to meet Russian President Vladimir Putin on Monday (13/4/2026) to discuss strategic issues, including securing a stable supply of oil and strengthening national energy resilience through continued cooperation with Russia. The visit, accompanied by key ministers such as Foreign Minister Sugiono and Energy Minister Bahlil Lahadalia, aims to reinforce bilateral ties amid evolving global dynamics and to articulate Indonesia's stance on maintaining global stability and peace. This meeting underscores the importance of energy security for Indonesia in the face of international uncertainties.

President Prabowo Departs for Russia, Set to Hold One-on-One Meeting with Putin

Indonesian President Prabowo Subianto departed for Moscow on the evening of 12 April 2026 to meet with Russian President Vladimir Putin, aiming to bolster strategic cooperation amid evolving global dynamics. The one-on-one meeting, scheduled for the following afternoon, will address key issues including enhancing national energy resilience through continued collaboration with Russia. Accompanied by key ministers and officials, the visit underscores Indonesia's commitment to strengthening bilateral ties in a rapidly changing international landscape.

IDX Delists 18 Issuers: Its Impact on the Capital Market

The Indonesia Stock Exchange (IDX) is set to delist 18 issuers effective 10 November 2026, citing reasons such as prolonged suspensions and unviable business conditions, aiming to cleanse the market of underperforming 'zombie' companies. Market observers view this as a positive step for enhancing the credibility, integrity, and investor protection in Indonesia's capital market, though it may cause short-term volatility for retail investors holding suspended shares. This action forms part of broader reforms, including tighter IPO regulations, to improve overall market quality and efficiency in the long term.

GRIB Jaya Claims Land in Tanah Abang Using Eigendom Verponding, Expert: No Longer Recognised

A legal team from Gerakan Rakyat Indonesia Bersatu (GRIB) Jaya is claiming ownership of a 34,690 square metre plot in Tanah Abang, Central Jakarta, based on a 1923 Eigendom Verponding document, but experts assert that such colonial-era titles are no longer valid primary proof of ownership following the 1960 Basic Agrarian Law. Legal observers emphasise that these documents now serve only as historical guides for conversion into modern certificates, with a government regulation requiring conversion by February 2026 and additional requirements for registration. The dispute highlights ongoing challenges in reconciling historical land claims with contemporary Indonesian land laws, potentially affecting urban development in the area.

Cabinet Secretary: Prabowo-Putin Meeting Crucial, Discusses Energy Supply Stability

Indonesian President Prabowo Subianto has arrived in Russia for a crucial bilateral meeting with President Vladimir Putin, focusing on strengthening national energy resilience through continued cooperation, including ensuring stable oil supplies amid global dynamics. The discussions will also cover geopolitical developments, with Prabowo emphasising Indonesia's commitment to global peace and stability. Accompanied by key ministers, this visit underscores Indonesia's strategic diplomatic efforts to secure vital energy resources.

Prabowo Flies to Russia to Meet Vladimir Putin

Indonesian President Prabowo Subianto departed for Moscow on the night of 12 April 2026 to hold a state visit and meet with Russian President Vladimir Putin. The bilateral discussions are expected to cover critical issues such as energy resilience, ensuring stable national oil supplies, global geopolitics, and Indonesia's strategic role in maintaining international stability and peace. Accompanying Prabowo are Foreign Minister Sugiono, Minister of Energy and Mineral Resources Bahlil Lahadalia, and Cabinet Secretary Lieutenant Colonel TNI Teddy Indra Wijaya, underscoring the visit's importance amid evolving global dynamics.

‘Very troublesome’: Shenzhen’s e-scooter clampdown before APEC summit disrupts routines, exposes gaps

Shenzhen, China's tech hub known as the 'city of scooters', has implemented stringent new regulations on electric two-wheelers effective from April 1, imposing fines up to 2,000 yuan and restricting their use in pedestrian areas and certain roads, in preparation for hosting the APEC summit in November. This crackdown, part of a broader 'Thunder 01' enforcement campaign, is disrupting daily routines and delivery operations in bustling districts like Huaqiangbei and Nanyou, where e-scooters are essential for navigating narrow streets and handling high volumes of goods. While aimed at enhancing road safety and traffic order for international visitors, the measures highlight underlying infrastructure deficiencies and the need for sustainable urban mobility solutions beyond mere enforcement.

House Commission XIII Praises Ministry of Immigration and Corrections for Addressing Prison Issues, Overcapacity and Drugs

Indonesia's House Commission XIII has commended the Ministry of Law and Human Rights for its tangible progress in reducing prison overcapacity from 100% to 85% and thwarting 140 drug smuggling attempts in 2025. The ministry's efforts under Minister Agus Andrianto demonstrate a strong commitment to legal and human rights reforms. The Commission pledges ongoing support through oversight and budgeting to accelerate solutions to longstanding prison challenges and enhance public services.

Batu City's Investment Surpasses Target by Double, Here's the City Government's Breakthrough

Investment realisation in Batu City for 2025 has exceeded the Rp1.2 trillion target by approximately 200 per cent, reflecting strong business confidence in the area. Mayor Nurochman highlighted the local government's efforts in simplifying licensing processes, ensuring regulatory certainty, and accelerating administrative procedures to eliminate past delays that frustrated investors. This breakthrough positions Batu as an increasingly attractive destination for investments, with commitments to process compliant projects swiftly and transparently.

Crushing Defeat: Viktor Orban Steps Down After 16 Years as Hungarian Prime Minister

Viktor Orban has conceded a decisive defeat in Hungary's parliamentary election, where the centrist-right, pro-EU Tisza party secured a two-thirds majority with 135 seats out of 199, ending his 16-year tenure as prime minister. This outcome, marked by record voter turnout of 77.8%, is poised to unblock €90 billion in EU aid for war-torn Ukraine previously vetoed by Orban and release suspended EU funds for Hungary due to concerns over democratic backsliding. Orban's ouster will also deprive Russian President Vladimir Putin of a key EU ally, potentially paving the way for anti-corruption reforms and restored judicial independence in Hungary.

Indonesian Film Industry Attracts More Investor Interest, IP Key to Monetisation - Tech Business

The Indonesian film industry is gaining significant investor attention due to rising domestic viewership and the growing market share of local films, with intellectual property (IP) emerging as a crucial element for monetisation beyond cinema tickets. Investors like GDP Ventures, which backed Visinema since 2018, highlight the potential for expansion given the low cinema screen ratio per capita and the success of films like the animated Jumbo, which drew over 10 million viewers. As production surges while audience growth lags, studios are diversifying revenue through licensing and royalties, with streaming platforms like Netflix also investing in local content to tap into Indonesia's vibrant creative ecosystem.

Religious Affairs Minister Opens Mathla'ul Anwar's XXI Congress, Entrusts Message on the Future of the Ummah

Religious Affairs Minister Nasaruddin opened the XXI Congress of Mathla'ul Anwar in Serang, Banten, emphasising the crucial role of religious organisations in preparing the ummah for the future through collaboration with the state. Banten Governor Andra Soni highlighted the organisation's historical contributions to Islamic education and nation-building since before independence, while the congress theme focuses on building the ummah's civilisation towards national independence. The event serves as a strategic platform for consolidating leadership, policy directions, and institutional strengthening amid global challenges.

Prabowo Departs for Moscow for One-on-One Talks with Putin, Here's What's on the Agenda

President Prabowo Subianto departed from Jakarta on Sunday night for a state visit to Moscow, where he will hold a crucial one-on-one meeting with Russian President Vladimir Putin on Monday to discuss strategic issues including energy security and global geopolitics. Accompanied by key ministers, the talks aim to strengthen bilateral cooperation on energy resilience, ensuring stable national oil supplies, and advancing renewable energy and nuclear technology partnerships. This visit, Prabowo's third to Russia since July 2024, underscores Indonesia's strategic positioning amid evolving global dynamics to promote stability and peace.

Ministry of Social Affairs Accelerates Distribution of Second-Quarter Social Assistance, to Meet BPS Soon

The Indonesian Ministry of Social Affairs is expediting the distribution of second-quarter social assistance (bansos) following receipt of updated data from the Central Bureau of Statistics (BPS), with a meeting scheduled for the morning after the statement. Distribution is expected to commence in the third week of April, primarily through state-owned Himbara banks and PT Pos Indonesia, maintaining the established scheme. This acceleration aims to ensure timely support for beneficiaries amid ongoing coordination with the Ministry of Finance.

Asia's Most Dynamic Digital Asset Market: Two Global Investors Inject Capital into CAEX Vietnam

Two prominent global investors, HashKey and OKX Ventures, have made strategic investments in CAEX Vietnam, highlighting the country's position as one of Asia's most dynamic and high-potential markets for digital assets. This move underscores a commitment to fostering compliant, transparent, and sustainable crypto ecosystems in Southeast Asia, with particular relevance to Indonesia's growing adoption of cryptocurrencies under OJK oversight. HashKey's recent USD 206 million IPO on the Hong Kong Stock Exchange further signals the maturing integration of crypto firms into traditional financial markets.

President departs for Moscow for one-on-one meeting with Putin

President Prabowo Subianto departed from Jakarta on Sunday night for a state visit to Moscow to hold bilateral talks with Russian President Vladimir Putin. Accompanied by key ministers, the 12-hour non-stop flight on Garuda Indonesia-1 is expected to arrive on Monday morning local time. The crucial discussions will focus on strategic issues such as energy security, ongoing cooperation with Russia, and ensuring stable national energy supplies, including oil availability, amid evolving global geopolitics.

Iran Responds to Trump's Threatened Blockade of the Strait of Hormuz, Warns of 'Deadly Vortex'

Iran's Revolutionary Guard Navy has warned that any military vessels attempting to approach the Strait of Hormuz will face severe consequences, asserting full control over the vital waterway amid a fragile two-week ceasefire following the outbreak of war with the US and Israel. This comes in direct response to US President Donald Trump's order for the US Navy to blockade the strait after failed negotiations in Pakistan, where disagreements over Iran's nuclear programme stalled progress. The escalating tensions threaten global energy prices, as the strait remains open to civilian ships but under strict military oversight, highlighting the precarious balance in international trade routes.

Revealed! This is the Ideal Savings Amount for the Middle Class According to Financial Experts – Do You Have It?

Financial experts recommend that middle-class individuals save 15 to 20 percent of their monthly income to build financial stability and prepare for the future, with a minimum of 10 percent if full adherence is challenging. They should also maintain an emergency fund covering 3 to 6 months of living expenses to handle unforeseen events like job loss or medical emergencies. By age 30, the target is to have savings equivalent to one year's salary, providing a flexible benchmark for long-term financial planning amid rising living costs and economic uncertainties.