Indonesian Political, Business & Finance News

Archive: 10 May 2026

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Police Reveal Majority of Victims from Hayam Wuruk Online Gambling Hub are Foreign Nationals

Indonesian National Police's Criminal Investigation Agency (Bareskrim) has disclosed that most victims targeted by an international online gambling ring operating from a hub in Hayam Wuruk, West Jakarta, are foreign nationals. The operation involved 321 foreign suspects from countries including China, Vietnam, and Myanmar, who were arrested for running 75 gambling websites, with customer service roles focused on recruiting overseas victims. Authorities seized evidence such as cash, electronics, and passports, charging 275 suspects under Indonesia's Criminal Code and related laws, highlighting ongoing efforts to combat transnational cybercrime.

400 Confiscated Assets to be Auctioned by the Attorney General's Office: How to Participate in the Auction

The Indonesian Attorney General's Office (Kejagung) is auctioning 400 confiscated assets through the BPA Fair 2026, with around 300 items ready for sale, including cars, land, houses, jewellery, paintings, gold, and statues. Interested participants must create an account on lelang.go.id or at the event on 10 April 2026, pay a deposit, and submit bids by 21 May 2026. This auction aims to liquidate seized assets efficiently, supporting legal and financial recovery processes in Indonesia.

Solar Without Imports by 2026, Government Relies on Refineries and Biodiesel

The Indonesian government is accelerating its energy independence agenda by targeting the complete cessation of diesel fuel (solar) imports by 2026, supported by enhanced domestic production and the implementation of B50 biodiesel. Key initiatives include the development of the RDMP Balikpapan refinery by PT Kilang Pertamina Internasional and the biodiesel programme set to commence in July 2026, which will significantly boost national refining capacity and substitute imports. In 2025, national diesel needs are projected at 110,932 kilolitres per day, with imports previously accounting for 12.17% of supply, valued at Rp55-65 trillion annually, primarily from Singapore and Malaysia.

Ministry of Transportation Awaits KNKT Results on ALS Bus Accident in South Sumatra

The Ministry of Transportation is awaiting investigation results from the National Transportation Safety Committee (KNKT) and police regarding the fatal collision between an ALS bus and a tanker truck in North Musi Rawas, South Sumatra, which killed over a dozen people. The bus was found to lack a valid permit since November 2020, with suspicions of document forgery, expired operations, and negligence contributing to the accident under Ministerial Regulation No. 15 of 2019. The operator faces potential administrative sanctions, including permit suspension or revocation, as further audits and inspections are conducted.

From Cambodia–Myanmar to Indonesia, Online Gambling Syndicates Shift Headquarters

Indonesian police have detected a shift in operations of cross-border online gambling syndicates from countries like Cambodia and Myanmar to Indonesia, following intensified crackdowns in those regions. Recent arrests include 321 foreign nationals operating 75 gambling websites in West Jakarta and hundreds of Chinese nationals in Batam involved in cybercrimes such as scams and online gambling. This transnational threat endangers both Indonesian and international communities, prompting proactive measures by authorities.

Unravelling the International Online Gambling Syndicate in Hayam Wuruk: 321 Foreign Nationals Arrested, Billions Seized

Indonesian police have dismantled an international online gambling syndicate operating from an office in Hayam Wuruk, West Jakarta, arresting 321 foreign nationals involved in various roles such as telemarketing, customer service, and finance. Of those arrested, 275 have been designated as suspects, with further investigations ongoing to clarify the remaining individuals' involvement. The operation, which followed a lengthy probe prompted by public tips, highlights the organised nature of cross-border gambling networks and the significant resources dedicated to combating such crimes in Indonesia.

Directorate General of Corrections Reveals Reasons for Ammar Zoni's Return to Nusakambangan After Sentencing

Muhammad Ammar Akbar, known as Ammar Zoni, has been returned to the Super Maximum Security Prison in Karang Anyar, Nusakambangan, to serve a seven-year sentence for selling narcotics inside the Salemba Detention Centre in Jakarta. The Directorate General of Corrections (Ditjen PAS) explained that the transfer back follows a request from the Central Jakarta Prosecutor's Office for his temporary placement in the Jakarta Narcotics Prison during the trial, with a clause mandating his return upon completion of proceedings. This move underscores the authority of the corrections directorate in assigning prisoner placements post-sentencing, independent of court orders.

Silver Prices Surge in a Week: What Does It Mean for the Market?

Silver prices have rebounded strongly over the past week, closing above the psychological US$80 per ounce level, driven by a weakening US dollar following softer-than-expected US jobs data that eased concerns over aggressive Federal Reserve rate hikes. This surge, marking a 6.78% weekly gain, is supported by silver's dual role as a safe-haven asset and industrial metal, amid ongoing supply constraints from Chinese export restrictions. Analysts project potential upside to US$84 if resistance levels are breached, with longer-term targets reaching US$91, though downside risks persist if prices fall below US$80.

Auction of Seized Goods: Attorney General's Office Displays Ferraris to Luxury Bags at CFD

The Indonesian Attorney General's Office showcased a range of confiscated luxury items, including Ferraris, Porsches, Ducati and Harley-Davidson motorcycles, designer handbags from brands like Hermes and Chanel, jewellery, and gold paintings at the Car-Free Day event in Sudirman on 10 April 2026. This exhibition at Gelora Bung Karno aimed to educate the public on the auction process, promote transparency, and accelerate the sale of assets to recover state and victim losses from criminal activities. Led by Head of the State Assets Agency Kuntadi, the initiative underscores efforts to enhance institutional integrity in handling seized properties.

President of Indonesia Distributes Mobile Phones to All Households on Miangas Island

President Prabowo Subianto visited Miangas Island, a remote Indonesian outpost bordering the Philippines, and distributed mobile phones to every household as part of a government initiative to enhance connectivity in border areas. The aid package also includes hundreds of Starlink units, internet modems, and upgrades to telecommunications infrastructure, such as new Base Transceiver Stations, to ensure residents feel the presence of the state and support daily activities like education, healthcare, and fishing. This effort underscores the administration's commitment to equitable development, national sovereignty, and bridging the digital divide in frontier regions.

PDIP Rejects Election Bill as Government Initiative, Coordinating Minister Yusril Responds Thus

The Indonesian Democratic Party of Struggle (PDIP) has firmly opposed the proposal for the Election Bill (RUU Pemilu) to be initiated by the government, arguing that it would hand over the "lifeblood" of political parties and democracy to the executive. Coordinating Minister for Law and Human Rights Yusril Ihza Mahendra stated that the government will remain passive, awaiting the DPR's initiative on the amendment following the Constitutional Court's ruling, and is ready to discuss whenever the legislature submits the draft. This disagreement underscores ongoing tensions in Indonesia's democratic processes, with Yusril noting that ideally, the bill should be finalised 2.5 years before the 2029 elections to allow adequate preparation.

President Prabowo Brings Gifts for Miangas Residents, What Are They?

President Prabowo Subianto visited Miangas in North Sulawesi on Saturday, delivering various supports to enhance the welfare of residents in this remote Indonesian island. The gifts included a 15 GT fishing vessel, plans for a Red White Fishermen Village, 250 mobile phones with Starlink signal boosters for family heads, 300 school kits and toys for children, and commitments to improve public facilities such as clinics, schools, and transportation networks. This visit underscores the government's commitment to reaching even the most isolated areas, fostering unity and national pride through communal activities like singing local songs.

5 Facts on Police Raid of International Online Gambling Headquarters in Hayam Wuruk

Indonesian police have dismantled an international online gambling and cyber fraud syndicate operating from a building in Jakarta's Hayam Wuruk area, arresting 321 foreign nationals from various countries including Vietnam and China. The raid uncovered 75 gambling domains, electronic devices, and cash worth billions of rupiah, highlighting the structured, cross-border nature of the operation. This action underscores the authorities' commitment to combating illicit activities that undermine social and economic stability in Indonesia.

Smuggling Attempt Fails: 1,088 Songbirds Returned to Natural Habitat in Labuan Bajo

Authorities in Nusa Tenggara Timur released 1,088 songbirds into the wild at the Nggorang Bowosie Protected Forest in Labuan Bajo after thwarting a smuggling attempt from Flores to Java. The birds, consisting of 1,000 Zosterops chloris, 34 Pachycephala nudigula, and 54 Saxicola caprata, were seized at the Pelabuhan Pelindo Multipurpose Kelas III Labuan Bajo due to the absence of required transport documents, despite not being protected species. This action underscores Indonesia's regulatory framework under PP No. 8/1999 and related laws, aiming to preserve biodiversity, boost wild populations, and educate the public on wildlife transportation rules.

Antam Gold Price Rises Rp 44,000 per Gram Over the Week

The price of Antam gold experienced fluctuations over the past week but ultimately rose by Rp 44,000 per gram, reaching Rp 2,839,000 on Saturday from Rp 2,795,000 the previous Monday. Buyback prices also increased by Rp 59,000 per gram to Rp 2,644,000 during the same period. This upward trend highlights the resilience of gold as an investment amid market volatility, providing insights for Indonesian investors tracking precious metals.

PKS reaffirms commitment to promoting quality education

The Prosperous Justice Party (PKS) has reaffirmed its dedication to fostering quality education for the golden generation during the 2026 National Education Day commemoration themed 'Quality Education for a Characterful Golden Generation'. PKS President Almuzzammil Yusuf urged party cadres to lead in education by instilling values of faith, piety, noble morals, and national enlightenment as per the 1945 Constitution, while appreciating the party's parliamentary faction's efforts to improve teachers' welfare and oversee the National Education System Bill. The event included symbolic educational aid to 24 students from kindergarten to university level, recognition of 24 inspirational teachers, and distribution of vegetable seeds to strengthen family-based food security.

Deputy Agriculture Minister Meets Jokowi, Reports Achievement of Rice Self-Sufficiency in 2025

Deputy Agriculture Minister Sudaryono met with former President Joko Widodo in Solo to report on national agricultural developments, highlighting the achievement of rice self-sufficiency in 2025 and plans to sustain it. The government has raised the price of unmilled rice to Rp 6,500 per kilogram to boost farmers' economic value and maintained fertiliser availability through discounts of up to 20 per cent. Sudaryono emphasised the importance of Jokowi's experience in food sector programmes and the need for synergy between administrations to optimise development benefits for society.

New Pesantren Regulations to Audit Procurement for People's Schools in One Week

In the past week, Indonesia's Ministry of Religious Affairs has prepared new regulations for managing Islamic boarding schools (pesantren) in response to sexual violence cases, emphasising systemic changes beyond case-by-case handling. The government is enhancing daycare governance to protect children and families, aiming to boost human resource quality, while targeting the revitalisation of 71,744 schools by 2026 with a Rp14 trillion budget to improve educational infrastructure. Additionally, the House of Representatives urges comprehensive protection for sexual violence victims in pesantren, and the Social Affairs Minister affirms readiness for audits on procurement for the People's School programme to ensure transparency.

Free Transjakarta Card Registration Available at CFD Rasuna Said Today, Limited Quota

The DKI Jakarta Transportation Agency has opened registration for the Free Service Card (KLG) at the Car Free Day event on Jalan H.R. Rasuna Said in South Jakarta, targeting the elderly and people with disabilities to access free public transport including Transjakarta, MRT, and LRT. Limited to 200 cards on the first day, the event from 6:00 to 10:00 WIB at Plaza Festival has drawn crowds enjoying activities like aerobics and traditional Betawi performances, while residents appreciate the less crowded space for exercise compared to the usual Sudirman-Thamrin route. This initiative promotes inclusive public transport access and enhances community engagement during the car-free event.

OJK: Rising Gold Demand Presents Opportunity for Domestic Production Capacity Development

Indonesia's surging national demand for gold, evidenced by a 29.10% annual import growth from 2016 to 2025, offers significant opportunities for enhancing local production capacity and optimising community gold resources, according to OJK analyst Iwan Partogi. Discussions at a Universitas Kristen Indonesia event highlighted the regulatory framework for bullion banking under the P2SK Law, the importance of physical underlying assets in digital gold trading to prevent fraud, and BSI's management of 23 tons of gold, enabling over one million citizens to invest from as little as Rp50,000 digitally. However, tax practitioner Wahyu Widodo warns of potential new taxation challenges in integrating gold trading with banking unless regulations are cohesively designed, underscoring the strategic role of bullion banks in building a comprehensive national gold ecosystem.

Sahroni Shocked as 321 Foreign Nationals Involved in Online Gambling Busted in Hayam Wuruk, Praises Police Vigilance

Ahmad Sahroni, Deputy Chairman of Commission III of the Indonesian House of Representatives, expressed shock at the arrest of 321 foreign nationals involved in an online gambling operation in an office building in Hayam Wuruk, West Jakarta, describing it as the largest such bust to date. He praised the Indonesian National Police (Polri) for their swift action in dismantling the syndicate and urged that all suspects be sternly punished in Indonesia while calling for continued pursuit of the masterminds and other perpetrators. The operation involved nationals from China, Vietnam, Laos, Myanmar, Malaysia, Thailand, and Cambodia, who were caught in the act, and they are currently under intensive interrogation.

US on Guard Against AI: Google to xAI Models to Be Tested Before Release

The United States government is enhancing oversight of artificial intelligence development by requiring tech giants like Microsoft, Google, and xAI to provide early access to their latest AI models for national security risk assessments prior to public release. This initiative, announced by the Center for AI Standards and Innovation under the Department of Commerce, builds on previous Trump administration policies and involves collaborations to evaluate potential threats, including cyber risks. While the Pentagon partners with seven AI firms for military applications, Anthropic remains excluded due to ongoing disputes over military AI usage limits.

Deputy Agriculture Minister Sudaryono Reports to Jokowi in Solo on Food Self-Sufficiency

Deputy Agriculture Minister Sudaryono met with President Joko Widodo in Solo to discuss the progress of the national agricultural sector and the importance of sustained development for food security. He reported that food self-sufficiency has been achieved in 2025 and will continue, marked by the cessation of rice imports and improved farmer welfare. The government has also raised the price of unmilled rice to Rp 6,500 per kilogram to provide better economic value for farmers.

Majority of Hajj Pilgrims from Bandung Regency are Elderly and Women

Bandung Regent Dadang Supriatna sent off 445 prospective Hajj pilgrims from the district, departing via Kloter 24 from Kertajati for the 2026 season, noting that the majority are elderly individuals over 64 and women, with around 80 seniors in the group. The regent assured ongoing monitoring of their health, medical services, and other needs in the Holy Land, while expressing concern over the reduced Hajj quota for Bandung from about 2,500 in 2025 to just 547 in 2026, pledging to advocate for an increase next year. This event highlights the local government's support for religious pilgrimages and the demographic challenges in Hajj participation amid quota constraints.

Power Struggle: Putin's Speech Clashes with European Leaders: The World Enters a Harsh Era

In a series of high-profile speeches, Russian President Vladimir Putin framed the Ukraine conflict as an existential battle against Western aggression during Russia's Victory Day celebrations, while German Chancellor Friedrich Merz warned at the Munich Security Conference that the post-World War II rules-based international order has collapsed, ushering in an era of great power rivalry. European Commission President Ursula von der Leyen echoed this sentiment, declaring the world has changed permanently. These addresses highlight a shared anxiety among global leaders about a hardening geopolitical landscape dominated by confrontation and the need for Europe to bolster its defences while preserving transatlantic ties.

PKS Legislator Disagrees with PDIP: Election Bill Normally a Government Initiative

Mardani Ali Sera from the PKS faction in the DPR's Commission II has expressed disagreement with PDIP's Deddy Sitorus over making the Election Bill a government initiative, arguing that such bills are typically proposed by the government to enhance technocratic aspects and elevate Indonesia's democracy from procedural to substantive. Deddy Sitorus opposes this, viewing it as handing control of political parties and democracy to the executive, emphasising that vital election laws should remain under parliamentary initiative to foster healthy political debate. This disagreement highlights ongoing tensions in legislative processes regarding electoral reforms, underscoring the importance of consensus among parties to advance revisions to the Election Law amid public demands for swift action.

Mandiri Sekuritas Offers Savings Sukuk ST016 with 6.25% Return

PT Mandiri Sekuritas has begun offering the Indonesian government's sharia-compliant Savings Sukuk ST016, providing investors with a secure option amid global market uncertainties. The instrument offers competitive yields of 6.05% for a two-year tenor and 6.25% for a four-year tenor, with minimum investments starting at Rp1 million and maximum limits up to Rp10 billion. This launch underscores the appeal of state-guaranteed securities in bolstering investment portfolios while adhering to Islamic principles.

Unexpected Building Turns Out to Be International Online Gambling Headquarters in West Jakarta

A joint team from Bareskrim Polri and Polda Metro Jaya has dismantled an international online gambling operation hidden in an office building in Hayam Wuruk, West Jakarta, arresting 321 foreign nationals, with 275 designated as suspects. The raid, conducted on 7 May 2026, uncovered a shift of transnational crime networks from Southeast Asian countries like Myanmar and Cambodia to Indonesia, prompting proactive police actions in various cities. Authorities seized cash worth approximately Rp 1.9 billion, along with foreign currencies, electronics, and documents, and are pursuing the operation's leaders under relevant criminal laws.

Successfully Retrieved: 32 Global Sumud Fleet Vessels Arrive in Turkey, Ready to Depart for Gaza

The Global Sumud Flotilla (GSF) humanitarian fleet, comprising around 50 vessels carrying aid such as food, medicine, and clean water for Gaza, has successfully rendezvoused in Marmaris, Turkey, after being delayed in Greek waters due to an Israeli naval attack. The incident involved the hijacking of 22 ships and the abduction of 178 activists from over 20 countries, including leaders Thiago Avila and Saif Abukeshek, who remain detained in Israel amid allegations of terrorism support. This development highlights ongoing international tensions surrounding the Gaza blockade and efforts to deliver essential aid to Palestinians.

Labour Minister: Agroforestry Training to Develop Village-Based Businesses

Indonesia's Minister of Manpower, Yassierli, has launched an integrated agroforestry training programme for 500 residents of Karamatwangi Village in West Java's Garut Regency, aimed at enhancing employment opportunities and fostering village-based enterprises leveraging local potentials. The initiative covers the full value chain from coffee cultivation and post-harvest processing to roasting and barista skills, alongside horticulture training in potatoes and chillies, and tourism-related hospitality and guiding to bolster agricultural and nature-based tourism. Yassierli hopes this will position Karamatwangi as a model village for sustainable agroforestry-driven economic development, building on prior local training efforts in the Cisurupan area through 2026.

Just One Month After IPO, WBSA Shares Enter High Shareholding Concentration List

The Indonesia Stock Exchange (BEI) has classified shares of PT BSA Logistics Indonesia Tbk (WBSA) as having high shareholding concentration (HSC) just one month after its initial public offering on 10 April 2026, due to over 91% of shares being held by four major shareholders, including Tiga Beruang Kalifornia with 79.01%. Despite raising Rp 302.4 billion through the IPO by issuing 1.8 billion new shares at Rp 168 each, the stock experienced a 9.69% decline to Rp 1,305 on Friday, though it remains significantly above its debut price. This designation highlights concentrated ownership in the logistics firm and does not indicate any market regulation violations, underscoring ongoing challenges in diversifying shareholding post-IPO in Indonesia's capital markets.

Lewak Tapo: The Ritual to Uncover Unnatural Deaths Among the Lamaholot People

The Lewak Tapo ritual, a longstanding tradition among the Lamaholot people of Adonara Island in East Flores, Nusa Tenggara Timur, serves as a sacred process to determine the causes of unnatural deaths, such as accidents or illnesses at a young age, which are viewed as punishments for past transgressions. Led by a respected adat elder known as the molan, the ceremony involves symbolically splitting a coconut while reciting traditional mantras to seek guidance from ancestors and divine forces, aiming to uncover truths and prevent recurrence in future generations. This practice not only reinforces cultural beliefs in harmony with customs and values but also functions as a mechanism for resolving customary law issues within the community.

Beware of Hantavirus Outbreak: Health Ministry Urges Indonesian Public to Take These Steps

The Indonesian Ministry of Health has urged citizens to remain vigilant against Hantavirus following a deadly outbreak on the MV Hondius cruise ship, noting 23 cases detected in Indonesia since 2024 with three fatalities from the less lethal Seoul Virus variant. Unlike the more deadly Andes Virus abroad, Indonesia's strain causes Haemorrhagic Fever with Renal Syndrome, with a mortality rate of 5-15%. To prevent transmission primarily from rodents, the ministry recommends strict hygiene protocols, avoiding contact with rodents and their excretions, securing food storage, sealing homes, and seeking immediate medical attention for symptoms like fever and shortness of breath.

Foreign Investors Offload 7.58 Million RATU Shares, Local Investors' Share Becomes Increasingly Dominant

PT Raharja Energi Cepu Tbk (RATU) saw a decline in foreign investor ownership in April 2026, with 7.58 million shares transferred to domestic investors, reducing the foreign stake to 5.936% from 6.216% the previous month. The controlling shareholder, RATU itself, maintains a dominant 68.677% ownership, while national investors, including 166 limited companies holding 81.210%, continue to bolster local dominance in the company's shares. This shift underscores growing confidence among Indonesian investors in the energy sector firm amid fluctuating foreign participation.

Facts on Online Gambling Headquarters Raided in Hayam Wuruk, Jakarta

Police raided an office building in Hayam Wuruk, West Jakarta, arresting 321 foreign nationals from Southeast Asian countries linked to an international online gambling syndicate, with 275 designated as suspects. The operation uncovered 75 gambling websites and seized approximately Rp1.9 billion in cash along with foreign currencies, highlighting Indonesia's role as a hub for such illicit activities over the past two months. Authorities are investigating fund flows and coordinating with agencies like PPATK and the Immigration Ministry to dismantle the network further.

Registration for Free Transjakarta Cards Opens at 3 Jakarta CFD Locations, Check the Schedule

The DKI Jakarta Provincial Government has launched registration for the Free Service Cards (KLG) at three Car Free Day (CFD) locations in Jakarta starting from Sunday, 10 May 2026, targeting elderly individuals and those with disabilities to access free public transportation services including Transjakarta, MRT, and LRT. The initial registration quota is limited to 450 cards, distributed across Bundaran HI, Rasuna Said, and HBKB West Jakarta, with additional options available through Bank Jakarta, online services, and specific Transjakarta halts for various beneficiary groups such as KJP Plus recipients, civil servants, and veterans. This initiative enhances accessibility to public transport for vulnerable populations, with authorities urging the public to follow official channels to avoid misinformation.

Families Urged to Play Active Role in Creating a Safe Digital Space

The National Working Meeting of the Aliansi Perempuan Peduli Indonesia (Alppind) highlighted the critical role of women in building family resilience amid digital challenges, with Minister of Women's Empowerment and Child Protection Arifah Choiri Fauzi emphasising the need for digital literacy to protect children and women from negative content and violence. Citing alarming statistics, including over 35,000 violence cases in 2025 predominantly affecting women and children, the minister called for active family involvement in fostering a safe, healthy, and productive digital environment, supported by government regulations like PP Tunas No. 17/2025 on social media use for minors. The event underscores the strategic importance of empowering women as educators to advance Indonesia's vision of a golden era by 2045.

Allegations of Epstein Distraction After Trump Releases 162 Secret UFO Documents

US President Donald Trump has overseen the release of 162 secret documents on UFO sightings by the Pentagon, FBI, State Department, and NASA, sparking criticism from Republican politician Marjorie Taylor Greene who views it as a diversion from the slow release of Jeffrey Epstein case files and rising fuel prices amid foreign conflicts. The documents detail historical and recent unidentified anomalous phenomena reports, including 1940s 'flying saucer' sightings and 2023 federal agent observations of orange orbs emitting smaller red balls, but offer no evidence of extraterrestrial life. This move highlights tensions within Trump's administration over transparency and prioritisation, amid ongoing demands for full disclosure on high-profile scandals.

Shell Petrol Stations Resume Operations, V-Power Diesel Sold at Rp 30,890 per Litre

Shell Indonesia's petrol stations have resumed operations after months of fuel shortages, with the first product available being V-Power Diesel priced at Rp 30,890 per litre in locations across Java. The resumption follows the appointment of Andri Pratiwa as the new President Director and Country Chair effective 1 May 2026, who aims to drive company growth and positive contributions to Indonesia's economy. This development is significant for ensuring fuel supply stability in key regions including Jakarta, Banten, West Java, and East Java.

Check the full fluctuating gold prices at Pegadaian on Sunday morning

Gold prices at Pegadaian showed slight fluctuations on Sunday morning, with UBS decreasing marginally to Rp2,891,000 per gram, Galeri24 rising to Rp2,836,000 per gram, and Antam remaining stable at Rp2,953,000 per gram. These updates, compared to Saturday's figures, reflect ongoing volatility in the precious metals market, providing investors with detailed pricing across various gram weights for informed decision-making. This information is crucial for those tracking commodity investments in Indonesia's financial landscape.

Ministry of Transportation Awaits KNKT Report on Cause of ALS Bus Accident

The Ministry of Transportation is awaiting the results of the National Transportation Safety Committee (KNKT) investigation into the accident involving an ALS bus and a tanker truck in North Musi Rawas Regency, South Sumatra, which claimed multiple lives. Officials discovered that the bus had been operating without a permit since November 2020, with indications of document forgery and chassis number discrepancies, potentially leading to severe administrative sanctions against the operator. The incident highlights ongoing regulatory challenges in public transportation safety and compliance in Indonesia.

Trade Minister Budi Santoso Inaugurates IPBA, the Indonesia-Philippines Business Association

Indonesian Trade Minister Budi Santoso has officially launched the Indonesia-Philippines Business Association (IPBA) in Cebu, Philippines, marking the 75th anniversary of diplomatic relations between the two nations during the ASEAN 2026 Summit. The association aims to strengthen economic integration in Southeast Asia by facilitating trade, investment, and business partnerships, with a focus on diversifying products and supporting SMEs through training and export facilitation programmes. This initiative underscores the growing bilateral trade ties, with the Philippines as Indonesia's eighth-largest trading partner, valued at USD 10.22 billion in exports in 2025.

Foreign Investors Snap Up Shares Worth Rp 11.42 Trillion, IHSG Rebounds Weekly

The Composite Stock Price Index (IHSG) rose by 0.18% over the week of 4-8 May 2026, closing at 6,969.396, buoyed by significant net buying from foreign investors amounting to Rp 11.42 trillion despite lingering geopolitical pressures from the Middle East. Trading activity on the Indonesia Stock Exchange surged, with average daily transaction volumes up 23.57% to 45.86 billion shares and values increasing 26.14% to Rp 23.06 trillion, pushing market capitalisation to Rp 12,406 trillion. This rebound signals renewed investor confidence in Indonesia's equity market amid volatility.

Tensions Escalate, British Warship on Standby in Strait of Hormuz

The UK has deployed the HMS Dragon warship to the Middle East as part of a multinational effort led with France to secure shipping lanes in the Strait of Hormuz amid ongoing US-Iran hostilities. This move aims to restore confidence in vital trade routes once conditions allow, with dozens of countries expressing willingness to participate. However, the Royal Navy's participation may be constrained by its reduced resources and the need to retire ships before replacements arrive.

252 Students Suspected of Food Poisoning from Free Nutritious Meals, DKI Provincial Government: Only 167 SPPG Units Have Hygiene Certificates

Over 250 students in East Jakarta have been affected by suspected food poisoning after consuming free nutritious meals (MBG), prompting a serious response from the DKI Jakarta Provincial Government. Officials are investigating the incident, including sampling the suspected sour-tasting food, and ensuring medical treatment for the victims, while revealing that only 167 out of 609 SPPG units in the city possess valid hygiene and sanitation certificates. This case highlights ongoing challenges in the oversight and certification of school meal providers under the government's nutrition programme, leading to immediate evaluations and enhanced supervision.

OPM Attacks Civilians Resulting in Death in Tembagapura, TNI Returns Fire

Armed separatists from the Free Papua Organisation (OPM), led by Guspi Waker, attacked civilians in Camp Wini Kalikuluk, Tembagapura, Mimika Regency, Central Papua, on Saturday, killing a teenage girl aged 12-15 and injuring another resident. The Indonesian National Armed Forces (TNI) responded with measured fire to protect civilians, prioritising their safety during security operations in the region. TNI troops are continuing patrols and monitoring OPM activities following the detection of suspicious movements via drone surveillance.

Pegadaian Gold Prices on 10 May 2026: Galeri 24 Up, UBS Slightly Down

Gold prices at Pegadaian on 10 May 2026 showed mixed movements, with Galeri 24 experiencing a slight increase to Rp 2,836,000 per gram, Antam remaining stable at Rp 2,953,000 per gram, and UBS seeing a minor decline compared to the previous day. These fluctuations reflect ongoing volatility in the precious metals market, offering investors options in various sizes from 0.5 to 1,000 grams tailored to different investment needs. Such daily updates are crucial for individuals and businesses monitoring commodity prices in Indonesia's financial landscape.

Review in Madinah: Inspector General of Ministry of Hajj and Umrah Appreciates Services for Indonesian Hajj Pilgrims

Ade Muhtar, the Regional Inspector II of the Inspectorate General of Indonesia's Ministry of Hajj and Umrah, visited Madinah to review accommodations and meal services for Indonesian hajj pilgrims, finding the overall operations to be running smoothly. He received reports on the efficient transfer process of pilgrims to Makkah, despite the current challenges posed by the dense simultaneous movement of 13 kloter groups, which requires additional staff and porters. Muhtar praised the preparedness of the Hajj Organising Committee (PPIH) personnel, who underwent intensive training for nearly a month in Indonesia prior to deployment.

Results of Prabowo's Visit to Miangas and Gorontalo

President Prabowo Subianto visited Miangas Island near the Indonesian-Philippine border and Gorontalo following the 48th ASEAN Summit in the Philippines, where he highlighted Indonesia's growing respect in the region due to food self-sufficiency in rice and corn, and pledged to achieve self-sufficiency in both food and energy. He announced plans to equip every school with three additional smart boards this year to aid remote education and monitoring, target the completion of 1,386 Merah Putih Fishermen's Villages by December 2026 with facilities like cold storage and fuel stations to boost fishermen's livelihoods, and renovate all puskesmas nationwide after inspecting outdated facilities on Miangas. These initiatives underscore Prabowo's administration's focus on infrastructure, education, healthcare, and rural development in remote areas, building on previous efforts like the Miangas airport.

Series of Facts: Ammonia Gas Leak at Ice Factory in Kalasan, Sleman

An ammonia gas leak at a crystal ice factory in Purwomartani, Kalasan, Sleman, on 8 May 2026, caused panic among nearby residents, leading to evacuations and health issues such as shortness of breath and eye irritation affecting dozens. Emergency services, including the Sleman Fire Department and Gegana team from Polda DIY, coordinated to contain the leak by shutting valves and monitoring the site, with factory operations halted as a precaution. While most affected residents received treatment and returned home, the incident underscores the risks of industrial gas handling and the importance of swift regulatory response in populated areas.

Ministry of Transportation Awaits KNKT Investigation Results on Cause of ALS Bus and Tanker Truck Accident in Musi Rawas

The Ministry of Transportation is awaiting the results of the National Transportation Safety Committee (KNKT) investigation and police inquiry into the fatal accident involving an ALS bus and a tanker truck from PT Seleraya in North Musi Rawas, South Sumatra. Officials discovered that the bus lacked valid permits since November 2020, despite its electronic roadworthiness certificate remaining valid until May 2026, and suspect serious violations including document forgery and operating without a valid licence under Ministerial Regulation No. 15 of 2019. Further inspections will audit the involved company, with indications of chassis number tampering on the bus highlighting ongoing regulatory enforcement efforts in public transport safety.

PKS President: We Want to Produce National Leaders, Not Just Win Seats

PKS President Almuzzammil Yusuf emphasised the importance of faith as the foundation of youth leadership during the Indonesian Young Leaders Academy (APMI) event at PKS headquarters in South Jakarta. He stated that the party aims to nurture future national leaders with strong spiritual conviction and a fighting spirit, rather than merely pursuing electoral victories and seats. Drawing on Islamic history, Almuzzammil urged PKS youth to become visionary leaders rooted in values, spirituality, and societal benefit, positioning APMI as a symbol of the party's commitment to genuine leadership development.

Legendary Investor Michael Burry Says AI Market is Too Hot, Similar to Dot-com Bubble

Legendary investor Michael Burry has warned that the market euphoria surrounding artificial intelligence (AI) is reminiscent of the final stages of the dot-com bubble in the late 1990s. Known for predicting the 2008 US housing crisis, Burry highlighted on Substack that investor focus is excessively centred on AI, with stock indices like the S&P 500 hitting records despite weakening economic indicators such as consumer sentiment. He compared the ongoing rally in semiconductor stocks, up over 65% in 2026, to the 1999-2000 bubble, a view echoed by billionaire investor Paul Tudor Jones.

Free Private Schools in Jakarta Suspected of Still Charging Fees, Strict Sanctions Await

The DKI Jakarta Provincial Government has allocated Rp 253 billion to fund 103 private schools under a free education programme for primary, secondary, and vocational levels, aiming to enhance access for underprivileged families. However, the Jakarta City Council and Education Office have uncovered suspicions that some participating schools are still demanding additional fees from students and parents, in violation of Governor Regulation No. 34 of 2025. Officials warn of severe sanctions and suggest re-evaluating the "free school" label if such practices persist, emphasising that the funds must solely support teaching activities.

Commotion Over Rp720 Billion Treasure Buried in Java Sea Discovered by Fisherman

In 2003, a fisherman from Cirebon stumbled upon a remarkable underwater archaeological treasure while fishing in the Java Sea, 70 km off the coast at a depth of 50 metres, initially mistaking heavy ceramic shards in his net for an abundant catch. The discovery led to a major excavation project by a private company under government permit, uncovering the Cirebon Wreck—a 9th-10th century shipwreck laden with 314,171 Chinese Tang Dynasty ceramics, 12,000 high-value pearls, thousands of gems, and gold, estimated at Rp720 billion. This find illuminates ancient maritime trade routes connecting China's Tang Dynasty, the Srivijaya Kingdom in Indonesia, and broader Indian Ocean networks, marking it as one of the largest underwater archaeological discoveries of the early 21st century.

Rasuna Said Street to Host Car-Free Day This Sunday Morning: Check Out the Alternative Routes

The DKI Jakarta Provincial Government is expanding its Car-Free Day (CFD) initiative by temporarily closing Jalan HR Rasuna Said in South Jakarta this Sunday from 05:30 to 10:00 WIB. The closure affects the eastern side from the Gembira intersection to Raya Casablanca, and the western side from Prof. Dr. Satrio to Setiabudi Utara Raya. This measure promotes reduced vehicle use and public recreation, with alternative routes advised for commuters.

Residents of Tunda Island in Serang Complain about Damaged Solar Power Plant, Urge Government to Repair It

Residents of Tunda Island in Serang are facing unreliable electricity supply from a diesel power plant reliant on limited solar fuel stocks, leading to frequent outages that disrupt mobile signals and internet access. They continue to pay daily fees enthusiastically, hoping the funds support maintenance, but express strong desire for the government to repair the existing but damaged solar power facility to provide stable power. The lack of skilled technical personnel exacerbates minor issues into major breakdowns, highlighting a critical need for better resource allocation in remote areas.

Indramayu Reptile Community Condemns Use of Snakes and Monitor Lizards in Demonstration at Regent's Office

The Indramayu Reptile Community has expressed deep concern over the recent use of monitor lizards and snakes in protests at the Regent's Office, where demonstrators from groups Kompi and ATJ released the animals in frustration over not meeting Regent Lucky Hakim. This practice is viewed as animal exploitation that endangers lives and undermines environmental conservation efforts by disrupting ecosystems. Community representative Sulthon Agung emphasised that such animals play crucial roles in maintaining ecological balance and should remain in their natural habitats rather than being tools in demonstrations.

In Gorontalo, the President Wants to Develop the Blue Ocean Economy

President Prabowo Subianto has announced ambitious plans to bolster Indonesia's maritime and fisheries sector through the 'blue ocean economy' during a visit to a fishermen's village in Gorontalo. He emphasised the vast potential of Indonesia's seas to enhance coastal communities' welfare and national economic sovereignty, pledging large-scale investments and the construction of 1,582 fishing vessels this year to be managed by fishermen's cooperatives. This initiative aims to reduce reliance on foreign vessels and promote self-sufficiency, aligning with broader goals of food security and national independence.

Zulhas: PAN Is Not a Weak Party

Zulkifli Hasan, Chairman of the National Mandate Party (PAN), has set an ambitious goal for the party to secure a top-three position in Banten province during the 2029 Legislative Elections, emphasising internal consolidation and grassroots mobilisation to boost voter support. Banten PAN leader Irna, wife of Deputy Governor Dimyati Natakusumah, echoed this target, stating the party aims to support the current leadership without seeking first place. Nationally, PAN targets 15% of the vote, equivalent to 85 seats in the House of Representatives, by optimising support in key electoral districts where it narrowly lost in 2024.

Indonesia and Philippines forge nickel corridor to strengthen regional supply chain

Indonesia and the Philippines have launched the "Indonesia-Philippines Nickel Corridor" initiative to enhance industrial value chains in the critical minerals sector, aiming to bolster regional supply chains and elevate their positions in the global nickel market. Unveiled during a high-level business roundtable in Cebu amid President Prabowo Subianto's visit for the 48th ASEAN Summit, the partnership involves collaboration between mining associations on data exchange, policy dialogue, investments, ESG standards, and workforce development. With the two nations accounting for over 73% of global nickel output, this cooperation secures raw materials for Indonesia's downstream industry while enabling value addition in the Philippines, alongside broader agreements in agriculture, aviation, and a new nickel processing facility to support the electric vehicle supply chain.

Weekly Politics: Prabowo at ASEAN Summit to Ade Armando Denying Slander

This weekly roundup highlights key political events in Indonesia from 4 to 10 May, including President Prabowo Subianto's calls at the ASEAN Summit for stronger citizen protection and regional peace, his commitment to renovate all puskesmas nationwide, and the TNI's deployment of military assets to secure the summit in Cebu. It also covers TVRI's initiative allowing UMKM to host free World Cup 2026 watch parties upon registration, and social media activist Ade Armando's denial of slandering former Vice President Jusuf Kalla. These stories underscore the administration's focus on healthcare, regional diplomacy, and national security amid ongoing political discourse.

Raid on International Online Gambling Headquarters in Hayam Wuruk, West Jakarta: 321 Foreign Nationals Arrested

Indonesian police from Bareskrim Polri and Polda Metro Jaya raided a building in Hayam Wuruk, West Jakarta, suspected to be the headquarters of an international online gambling network, arresting 321 foreign nationals involved in cross-border operations. The site had been used for gambling activities for approximately two months, with authorities seizing around Rp 1.9 billion in Indonesian rupiah, along with Vietnamese dong and US dollars. This operation highlights ongoing efforts to combat transnational cybercrime and illegal gambling in Indonesia, potentially disrupting a significant illicit revenue stream.

Legal Affairs of the Week: Sritex Case Defendant Acquitted to Customs Case

This weekly roundup highlights key legal developments in Indonesia from 4 to 10 May, focusing on corruption cases involving state institutions. Notable outcomes include the acquittal of former Bank Jateng CEO Supriyatno and BJB's ex-Corporate Division Head Dicky Syahbandinata in the Sritex credit facility scandal, which allegedly caused Rp502 billion in losses. Other stories cover KPK examinations into customs officials' money flows, convictions of two directors in a Lombok Timur Chromebook procurement graft case, and suspicions against a transport ministry advisor for receiving bribes related to railway projects.

MBG Poisoning in East Jakarta: Causes to Number of Victims

A food poisoning incident linked to the free nutritious meal (MBG) programme has affected hundreds of primary school students in Pulogebang, East Jakarta, with tofu wontons suspected as the culprit. The Jakarta Health Department reported 252 parental complaints and 188 students seeking medical care, with 26 still hospitalised as of 9 May 2026. This case highlights ongoing issues in the MBG rollout, adding to over 21,000 victims since 2025 and underscoring the need for stricter food safety standards in government nutrition initiatives.

Sunday: Mobile Driving Licence Renewal Services Available at Two Locations in Jakarta

The Metro Jaya Regional Police Traffic Directorate is offering mobile driving licence (SIM) renewal services on Sunday at two locations in East and West Jakarta, operating from 7:00 to 12:00 WIB. The service caters exclusively to renewals of valid SIM A and SIM C licences, requiring original ID cards, original and photocopied SIMs, application forms, and on-site health checks, with fees set at Rp80,000 for SIM A and Rp75,000 for SIM C as per Government Regulation No. 60 of 2016. Holders of expired licences must apply for new ones at the Daan Mogot Satpas in West Jakarta, highlighting efforts to enhance public access to essential administrative services on weekends.

When Prabowo Visits TNI Soldiers Guarding Indonesia's Northernmost Tip in Miangas...

President Prabowo Subianto made an unannounced stop at an Army post in Miangas, Indonesia's northernmost outpost near the Philippines, to personally greet and converse with two soldiers on duty. During the spontaneous visit, he inquired about their daily needs, such as access to clean water, assignment durations, and family conditions, demonstrating his attentiveness to frontline troops. The soldiers expressed pride and surprise at the interaction, highlighting Prabowo's firm yet caring leadership style in supporting military personnel at remote locations.

Iran War Deemed to Transform Global Energy System, Oil and Gas Industry Prepares for New Era

The ongoing Iran war and the closure of the Strait of Hormuz are expected to fundamentally reshape the global energy landscape, according to executives from major oil and gas companies. This disruption has already led to the loss of nearly one billion barrels of global oil supply, prompting governments to prioritise energy security through increased investments in exploration, low-carbon alternatives, and diversified infrastructure. Industry leaders anticipate a surge in strategic reserves and a reevaluation of energy strategies worldwide to mitigate future vulnerabilities.

Antam Gold Prices Today, 10 May 2026: Check the Full List

Antam gold prices remained unchanged on Sunday, 10 May 2026, with the selling price holding steady at Rp 2,839,000 per gram and the buyback price at Rp 2,644,000 per gram, according to the official Logam Mulia website. The gold is available in various weights from 0.5 grams to 1 kilogram, and purchases are subject to a 0.25% Income Tax (PPh) Article 22 for buyers with a Taxpayer Identification Number (NPWP). This stability reflects ongoing monitoring of global gold price movements, providing investors with reliable pricing information.

Should the Election Bill Be a Government or DPR Initiative? PPI Director's Analysis

The proposal for the Election Bill as a government initiative has been rejected by PDIP's Deddy Sitorus, prompting debate on whether it should originate from the government or DPR. PPI Director Adi Prayitno argues that the DPR, representing party interests, should take a more aggressive role in discussing the bill, given its critical issues like parliamentary thresholds, vote conversion methods, and anti-money politics measures. He highlights that a government-led initiative might overlook non-coalition parties' concerns, especially amid recent Constitutional Court rulings affecting election thresholds.

Prabowo: We Won't Let Foreign Vessels Take Fish from Indonesian Waters, We're Allocating 1,582 Boats to Fishermen

President Prabowo Subianto has declared his opposition to foreign vessels exploiting Indonesia's marine resources, insisting that the country's fish should be harvested solely by its own people. To support local fishermen, the government plans to provide 1,582 vessels and will inaugurate 1,386 Merah Putih Fishermen's Villages this year, with an additional 1,000 villages annually thereafter. This initiative underscores Prabowo's commitment to empowering the fishing community and ensuring their prosperity as part of broader efforts to uplift Indonesian citizens.

When the Indonesian President Suddenly Stops by to Visit Miangas Posad

President Prabowo Subianto made an impromptu stop during his working visit to Miangas Island in North Sulawesi to meet and greet soldiers stationed at the Indonesian Army Post (Posad) Miangas, the northernmost outpost bordering the Philippines. Accompanied by the Defence Minister, he inspected the facility, reviewed activity reports, and interacted with Sergeant Alan Mandibo and Corporal Armoko, who have been serving there for 11 months as part of the Outer Island Security Task Force. This spontaneous gesture highlights the President's commitment to the welfare and morale of troops guarding Indonesia's remote frontiers.

One Month of ASN WFH: Economist Highlights Hidden Costs

One month after the Indonesian government implemented a mandatory Work From Home (WFH) policy for civil servants every Friday starting 1 April 2026, economist Budi Frensidy from the University of Indonesia has cautioned that the energy savings are not yet significant, describing current estimates as mere potentials rather than concrete results. He recommends evaluating the policy after at least three to six months to assess impacts on fuel subsidies, office electricity, official travel, productivity, and public services. Frensidy emphasises that true fiscal savings require complementary measures like reducing operational costs for buildings, utilities, and in-person meetings, otherwise WFH risks becoming a symbolic gesture amid rising oil prices and strained energy subsidies.

Prabowo: If Children of the Wealthy Don't Need MBG, That's Fine

President Prabowo Subianto has stated that he will not force the free nutritious meal (MBG) programme on those who do not need it, particularly children from affluent families, during a visit to Gorontalo following the 48th ASEAN Summit in the Philippines. He emphasised ensuring all schools in need receive the programme this year while making it optional for others, as part of his flagship initiative promised during the 2024 presidential election targeting 82 million beneficiaries. This approach highlights the government's flexibility in implementing social welfare policies to focus resources effectively.

Pangkoopsudnas Reveals Modernisation Homework for Air Force Bases, a Serious Concern

The Commander of the National Air Operations Command (Pangkoopsudnas), Marshal Madya TNI Minggit Triwibowo, has highlighted key challenges in modernising Indonesian Air Force bases to support new aircraft acquisitions such as the Airbus A400M and Rafale jets. This initiative, a presidential policy, focuses on upgrading facilities at bases including Halim Perdanakusuma, Roesmin Nurjadin in Pekanbaru, and others like Supadio, Raden Sadjad in Natuna, Atang Senjaya, and Suryadarma in Kalijati to enhance operational capabilities. The effort underscores the government's commitment to significantly bolstering the TNI Air Force's strength through these infrastructural developments.

Jakarta Weekly Roundup: Jakarta's 499th Anniversary Launch to LPDP Management

The Jakarta Provincial Government is set to launch the 499th anniversary celebrations of the city in 2026 at the iconic Rasuna Said corridor, aiming to transform it into a global landmark and expand car-free day options for public health. The local economy grew by 5.59% in the first quarter of 2026, driven primarily by wholesale and retail trade, while the government plans to manage a dedicated LPDP education fund in collaboration with the central body and continues to exempt electric vehicles from odd-even traffic restrictions to promote low-emission transport. These developments highlight Jakarta's focus on urban transformation, economic growth, education investment, and sustainable mobility.

Prabowo: We Will Soon Achieve Fuel Self-Sufficiency, No Need to Import

President Prabowo Subianto has claimed that Indonesia is on the verge of achieving self-sufficiency in fuel (BBM), eliminating the need for imports, a development he announced during a visit to Gorontalo. He emphasised the importance of managing Indonesia's rich natural resources domestically to prevent foreign control, extending this vision to sectors like fisheries and food production, where he asserted self-sufficiency in rice and corn has already boosted the nation's respect in ASEAN. This push for energy and food independence underscores Prabowo's agenda for national self-reliance, potentially transforming Indonesia's economic and geopolitical standing.

First CFD on Rasuna Said in Jakarta Today, Check Out the Parking Areas

The DKI Jakarta Provincial Government has prepared thousands of parking spaces to support the inaugural Car Free Day (CFD) on Jalan H.R. Rasuna Said in South Jakarta, providing 1,680 car slots and 2,007 motorcycle slots to accommodate public enthusiasm. Officials are encouraging the use of public transport like Transjakarta and LRT Jabodebek to reduce traffic congestion in the Kuningan and Setiabudi areas. This initiative highlights the potential of Rasuna Said as a new public space in Jakarta's business district, expanding car-free zones in the capital.

NasDem's Irma Furious Over 252 East Jakarta Students Poisoned by Free Nutritious Meals, Demands SPPG Suspension

Irma Suryani Chaniago, a NasDem member of the DPR's Commission IX, has expressed outrage over the suspected food poisoning of 252 students in East Jakarta from the Free Nutritious Meals (MBG) programme, particularly highlighting issues with the tahu wonton dish. She demands the suspension of the SPPG unit in the area and an evaluation of three National Nutrition Agency (BGN) personnel stationed there, criticising the lack of proper checks and the integrity of hygiene certifications. This incident underscores ongoing concerns about food safety in the government-backed MBG initiative, with Irma calling for stronger collaboration between BGN and BPOM to ensure compliance and prevent future risks.

Between Admin Fees and Digital Platform Innovation

The Indonesian government, through the Minister of Cooperatives and SMEs, plans to regulate admin fees on e-commerce platforms to protect the 64.1 million SMEs that contribute 61.07% to the national GDP, amid growing digital economy challenges. However, such interventions risk negative externalities if not data-driven, as they could undermine the innovation incentives for platforms that have boosted SME resilience and market access during crises. The article advocates for balanced regulations that support SME digital transition via training and infrastructure while preserving platform revenues essential for maintaining advanced features and cybersecurity, projecting e-commerce GMV at Rp1.15 quadrillion by 2025.

Ciputra Life: SRBI as an Attractive Investment Instrument Amid Global Dynamics

Bank Indonesia has proactively adjusted the market interest rate structure by increasing the yield on Sekuritas Rupiah Bank Indonesia (SRBI) to shield the Rupiah from geopolitical uncertainties. Although PT Asuransi Ciputra Indonesia (Ciputra Life) currently holds no investments in SRBI, its director Listianawati Sugiyanto views it as an appealing option for future allocation, particularly given ongoing global market influences and exchange rate volatility. This perspective underscores the instrument's potential role in stabilising investments during turbulent times.

Moment of Raid on Online Gambling Headquarters in Hayam Wuruk, Foreign Nationals in Casual Attire in the Work Room

Indonesian police raided an office in West Jakarta's Hayam Wuruk area, uncovering an international online gambling operation staffed by over 300 foreign nationals from countries including China, Vietnam, and Myanmar. Authorities seized Rp 1.9 billion in cash, along with foreign currencies worth millions of Vietnamese Dong and US Dollars, numerous mobile phones, passports, and other evidence during the operation. This crackdown highlights ongoing efforts to dismantle illicit gambling networks in Indonesia, with suspects caught in the act and further investigations underway to identify additional roles.

PKB Appreciates Polri for Uncovering Online Gambling Headquarters in West Jakarta: Indonesia Becomes Target of Operations

The National Awakening Party (PKB) has commended the Indonesian National Police (Polri), particularly Bareskrim, for dismantling an online gambling network operated by hundreds of foreign nationals across 75 sites in Jakarta's Hayam Wuruk office district. This operation, which secured 321 foreigners from countries including China, Vietnam, and others, underscores Indonesia's vulnerability to sophisticated cross-border digital crimes and highlights Polri's commitment to safeguarding national economic resilience and digital security. PKB urges Polri to intensify and sustain efforts against online gambling and other cyber threats to prevent Indonesia from becoming a hub for international criminal networks.

40-Year Mortgage: A Solution for Home Ownership or a Lifetime Debt Trap?

The Indonesian government, led by Minister Maruarar Sirait, is preparing regulations to extend mortgage tenors to 40 years, primarily targeting low-income earners and workers burdened by rising house prices and stagnant incomes. This could reduce monthly payments to Rp800,000-Rp900,000 for a subsidised house priced at Rp185 million, but critics warn it may lead to lifelong debt, with borrowers potentially paying over twice the home's value and finishing payments post-retirement age. While aligning with the President's vision to improve housing access, the policy raises concerns about financial sustainability without strong insurance protections or early repayment options.

In the giant mortar, the city tells its story

The Festival Rujak Uleg 2026 in Surabaya transformed the traditional dish rujak cingur from a symbol of everyday life into a vibrant cultural spectacle, blending local traditions with global themes under the 'Rujak Phoria' motif during the city's 733rd anniversary celebrations. Mayor Eri Cahyadi's active participation highlighted the event as a space for community cohesion and public interaction, involving residents, campus groups, and business actors. Amid urban modernisation, the festival raises questions about preserving cultural authenticity and meaning beyond mere entertainment.

Officers Find Mobile Phone During Inmate Cell Search, Indramayu Prison Tightens Surveillance

Indramayu Class IIB Prison has intensified surveillance measures following the discovery of prohibited items, including mobile phones and communication devices, during a joint raid on inmate cells. The operation, involving police, military, and the National Narcotics Agency, culminated in a "Zero Halinar" pledge aimed at eliminating illegal handphones, drugs, and extortion within the facility. This initiative underscores ongoing efforts to enforce stricter regulations and maintain order in Indonesia's correctional institutions.

Cell Search Uncovers Mobile Phones, Indramayu Prison Tightens Surveillance

Authorities at Indramayu Class IIB Prison conducted a joint raid on Friday, uncovering prohibited items including mobile phones and plates within inmates' cells, prompting stricter oversight measures. The operation, involving police, military, and the National Narcotics Agency, included an oath-taking ceremony for a "Zero Halinar" initiative aimed at eliminating illegal handphones, drugs, and extortion. This effort underscores the prison's commitment to maintaining order and preventing contraband from compromising rehabilitation and security.

Caught in the crosshairs: China’s pushback against US sanctions signals tougher era for global business

China has for the first time enforced its 2021 Blocking Rules in response to US sanctions on five Chinese refiners for trading Iranian oil, prohibiting compliance with these measures to protect national interests. This escalation, timed ahead of the Trump-Xi summit, highlights intensifying US-China strategic rivalry over energy security and supply chains, placing multinational companies in a compliance dilemma between conflicting legal systems. Analysts view it as Beijing building a legal fortress, potentially affecting banks, insurers, and firms in strategic sectors beyond immediate oil trade.

Commentary: China's invisible hand is rebalancing the oil market

Amid the global energy crisis triggered by conflict in the Persian Gulf, China has significantly reduced its oil imports by about a quarter from pre-war levels, freeing up supply for the wider market and helping to cap benchmark prices near US$100 per barrel. This reduction stems from halting the build-up of emergency stockpiles, potential economic slowdowns affecting demand, and a shift in the petrochemical sector towards coal-based feedstocks, allowing Beijing to manage without tapping reserves or imposing drastic measures. The phenomenon underscores China's pivotal, understated role in stabilising the international oil market during supply disruptions.

Ministry of Law References UK's Single-Window Royalty System for Copyright Law Revision

Indonesia's Directorate General of Intellectual Property (DJKI) under the Ministry of Law is drawing on the UK's single-window royalty collection system to refine royalty governance in the revision of the Copyright Law. The UK model, implemented through PPL PRS Ltd since 2018, simplifies licensing for music users by consolidating processes into one licence, reducing administrative burdens while ensuring fair distribution to creators. This approach aims to enhance transparency, compliance, and protection for Indonesian creators amid digital disruptions.

Car Free Day Event in Jakarta on Jalan Rasuna Said This Morning: Check the Times and Route

Jakarta is expanding its Car Free Day (CFD) initiative to Jalan H.R. Rasuna Said in South Jakarta this Sunday, allowing residents to enjoy a vehicle-free zone for leisure activities. Governor Pramono Anung announced the event, which covers specific eastern and western segments of the road, with traffic diversions and alternative routes provided for motorists. This move aims to promote healthier urban living, similar to the longstanding CFD on Sudirman-Thamrin, and includes parking options and LRT access for convenience.

Legislator urges evaluation of Trans-Sumatra highway following bus accident

Following a fatal bus accident on the Trans-Sumatra highway in North Musi Rawas, South Sumatra, DPR RI Commission V member Zigo Rolanda has called for a comprehensive evaluation of the road's quality and accelerated repairs at vulnerable points. He emphasised the highway's critical role in Sumatra's economy and the need for stricter oversight on passenger vehicles carrying hazardous goods, urging the Ministries of Public Works and Transportation to enhance infrastructure maintenance and safety enforcement. The incident, which resulted in a major fire after the bus swerved to avoid a pothole, highlights ongoing risks to public safety and transport regulation in Indonesia.

Revitalisation of Pantura Ponds Opposed, Lucky Hakim Receives Monitor Lizard Gifts from Indramayu Shrimp Farmers

Shrimp farmers in Indramayu, united under the Koalisi Masyarakat Pesisir Indramayu (Kompi), protested at the regency office against the National Strategic Project (PSN) for the revitalisation of Pantura ponds, demanding its cancellation due to fears of mass unemployment, poverty, and ecological disasters. The project, covering 2,264 hectares, threatens the livelihoods of thousands of farmers who have relied on these ponds for decades and could exacerbate coastal flooding and saltwater intrusion in the region. In a symbolic act of frustration over the regent Lucky Hakim's absence, protesters presented five monitor lizards as "gifts" and vowed to continue their opposition.

Kalimantan universities urged to leverage IKN for research and internships

The Ministry of Higher Education, Science, and Technology (Kemdiktisaintek) highlights the potential for Kalimantan's universities to integrate with the development of the Nusantara Capital (IKN), viewing it as Indonesia's largest living laboratory to enhance research, internships, and community service programs for students. House Commission X Chair Hetifah Sjaifudian stresses the need for clear roles among central government, local authorities, and higher education institutions to build a robust educational ecosystem, accelerating the creation of superior human resources towards Indonesia's Golden Vision 2045. This collaboration is expected to develop future-oriented curricula and position IKN as a hub for human resource development.

New Era for Sharia Banking Industry Following Issuance of POJK 4/2026 - Financial Business

The Financial Services Authority (OJK) has issued POJK No. 4/2026, which clearly separates Sharia banking deposit products from investment products, defining the latter as funds entrusted under Sharia-compliant contracts where risks are borne by customers. This regulation, effective from 29 April 2026, mandates banks to adjust existing products within two years, aiming to restore the true nature of Sharia contracts, reduce uncertainties (gharar), and minimise disputes by segmenting customer offerings based on risk appetite. Experts and Bank Syariah Indonesia view it as a step towards sustainable growth, enhancing transparency, education, and real-sector linkages like SMEs and halal value chains, despite short-term operational costs.

Indramayu Car Free Night Route Extended: Here is the List of Locations

The Indramayu Regency government in West Java has extended the route for the weekly Car Free Night (CFN) event, shifting the starting point from Jalan S Parman to in front of the Communication and Informatics Office, extending to Jalan Ahmad Yani and ending at the Waiki traffic light, effective from 8 May 2026. This adjustment, initiated by Regent Lucky Hakim, aims to better support local UMKM by providing more space for vendors while enhancing order, safety, and comfort in the area. The event will continue from 6:00 PM to 10:00 PM WIB, with specified road closures and designated parking areas to facilitate smooth operations and benefit the community and local businesses.

Deputy Minister of Communication and Digital: Jayapura Balmon Plays Vital Role in Safeguarding National Sovereignty

Deputy Minister of Communication and Digital, Angga Raka Prabowo, has emphasised the crucial role of the Class II Jayapura Radio Frequency Spectrum Monitoring Agency (Balmon SFR) in maintaining national sovereignty and security through vigilant monitoring of radio frequencies. He highlighted the President's concern over frequency management and praised the agency's frontline efforts in Papua's challenging geographical and security environment to ensure optimal utilisation for public services. Angga expressed appreciation for the staff's dedication and encouraged continuous education to better serve the nation and future generations.

Economist: Consistency in Food Production Key to Controlling Inflation in 2026

Economist Ninasapti Triaswati from the University of Indonesia emphasises that maintaining consistent national food production, particularly rice, is crucial for ensuring economic stability and controlling inflation through 2026 amid global uncertainties. She highlights the agriculture sector's pivotal role in driving growth, as evidenced by its 1.11% contribution to the 5.61% year-on-year GDP expansion in the first quarter of 2026, and notes that stable rice supplies and self-sufficiency have helped mitigate inflationary pressures on essential goods. With government rice reserves exceeding 5 million tonnes, this resilience bolsters food security and supports employment in agriculture, including growing interest from young people.

OJK Strengthens Competitiveness of Sharia Banking, Investment Products Now Regulated More Strictly and...

The Financial Services Authority (OJK) has issued a new regulation, POJK Number 4 of 2026, on the Implementation of Sharia Banking Investment Products, aimed at enhancing transparency, customer protection, and the global competitiveness of Indonesia's sharia banking sector. This policy clearly separates deposit products from investment products based on profit-sharing and risk principles, aligning with the 2023 Financial Sector Development and Strengthening Law and building on prior regulations. Effective from 29 April 2026, the rule is expected to foster innovation, boost public trust, and contribute to national economic growth by promoting a more accountable and sustainable sharia investment ecosystem.

REI Explores Property Investment Opportunities in Lampung's New City Area

The Indonesian Real Estate Companies Association (REI) has expressed interest in investing in the Bandar Negara New City (KBN) area following an invitation from the Lampung Provincial Government, driven by the region's significant economic growth and supportive local policies. REI's Chairman, Joko Suranto, highlighted Lampung's third-highest economic growth rate in Sumatra and its strategic proximity to Java as key attractions, while emphasising the need for thorough due diligence on regulations, market potential, and infrastructure challenges like flooding. Potential sectors include warehousing, tourism, and housing, with REI planning field verifications to mitigate risks before proceeding.

Ministry of Agriculture and National Food Agency Strengthen Egg Absorption from Farmers in Magetan

The Ministry of Agriculture (Kementan) and the National Food Agency (Bapanas), in collaboration with the Magetan Regency Government, are intensifying efforts to absorb surplus egg production from local farmers to ensure business sustainability and meet public food needs. Key initiatives include accelerating distribution, enhancing market access, and increasing consumption through government programmes like civil servant purchases and community campaigns, while subsidised corn aid helps control production costs. This approach aims to stabilise the national poultry subsector and bolster food security amid overproduction challenges.