Indonesian Political, Business & Finance News

Archive: 28 April 2026

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Leak of Newly Elected BEI Board of Directors, OJK: No Later Than 22 June

The Financial Services Authority (OJK) has revealed that the selection process for the new board of directors of the Indonesia Stock Exchange (BEI) is entering a critical phase, with announcements expected no later than 22 June, ahead of the shareholders' meeting on 29 June. Two candidate packages are currently under administrative verification, and the registration period remains open until 4 May 2026, allowing OJK approximately 1.5 months to finalise the best composition to lead BEI for the next four years. OJK emphasises the need for directors who understand market challenges and can drive reforms and deepen the national capital market in collaboration with stakeholders.

Nanik Reveals Gibran's Message to BGN: Involve SOEs in Building MBG Kitchens in 3T Regions

Vice President Gibran Rakabuming Raka has directed the National Nutrition Agency (BGN) to prioritise food safety in the Free Nutritious Meals (MBG) programme, emphasising proper handling of food waste outside kitchen areas to prevent contamination and disease. Drawing from his catering business background, Gibran also urged accelerating MBG implementation in remote, underdeveloped, and outermost (3T) regions by involving state-owned enterprises (SOEs) through their corporate social responsibility initiatives to construct necessary kitchen infrastructure, reducing reliance on the national budget. This guidance aims to enhance nutritional standards and equitable access to safe meals across Indonesia.

Jumhur Hidayat Appointed Environment Minister, Rocky Gerung: He's an Ex-Prisoner, But Intellectual!

Jumhur Hidayat, a former convict in a 2021 hoax news case, was sworn in as Indonesia's Minister of Environment by President Prabowo Subianto on 27 April 2026, replacing Hanif Faisol. Political commentator Rocky Gerung, who attended the ceremony, described Hidayat as an intellectual with expertise in labour, economics, and environmental issues from ITB, despite his past imprisonment. Hidayat clarified that he is not a convicted person since the law under which he was sentenced has been annulled by the Constitutional Court, leaving his status unresolved.

Quranic Teacher in Tangerang Arrested for Sexual Abuse, Method Involves Cleansing from Jinn

Police in Tangerang have arrested a 34-year-old Quranic teacher accused of sexually assaulting four teenage girls aged 15 and 16, using the pretext of cleansing them from jinn spirits through intercourse. The case came to light after a mother reported her daughter's trauma from missing lessons, revealing repeated incidents during religious study sessions. The suspect faces charges under Indonesia's Child Protection Law and the new Criminal Code, with a potential sentence of up to 15 years in prison, as authorities investigate for additional victims.