Indonesian Political, Business & Finance News

Archive: 12 May 2026

Showing 1,301-1,350 of 1,617 articles

President Rodriguez affirms Venezuela will not become a US state

Venezuela's interim President Delcy Rodriguez has firmly rejected the notion of her country becoming the 51st state of the United States, emphasising the Venezuelan people's commitment to their independence and sovereignty. The statement follows a Fox News report on a phone interview with US President Donald Trump, who reportedly considered incorporating Venezuela into the US amid discussions on diplomatic cooperation. This comes against the backdrop of strained US-Venezuela relations, including a US airstrike in January aimed at capturing President Nicolas Maduro and intentions to seize Venezuelan oil resources.

Rupiah Weakens to Rp17,500 per US Dollar, Market Shadowed by US-Iran Conflict and MSCI Announcement

The Indonesian rupiah weakened to Rp17,483 per US dollar on Tuesday morning, driven by diminishing hopes for US-Iran peace amid high global oil prices, exacerbating market pressures. Domestic investors await March retail sales data, expected to show a slight uptick to 6.8%, while an upcoming MSCI announcement is anticipated to negatively impact the stock market through stock removals and downgrades of large-cap shares. Analysts predict the rupiah will fluctuate between Rp17,350 and Rp17,500 per US dollar, highlighting the interplay of geopolitical tensions and economic indicators on currency stability.

BGN's Response to ICW Report on Alleged Mark-Up in Halal Certification Procurement

The National Nutrition Agency (BGN) has responded to a report by Indonesia Corruption Watch (ICW) alleging a Rp 49.5 billion mark-up in the 2025 halal certification procurement, assuring that all payments will undergo strict oversight by relevant bodies to align with prevailing market prices. ICW highlighted irregularities, including the improper splitting of the procurement into four stages to bypass tender processes and the involvement of a state-owned enterprise not accredited as a Halal Inspection Agency, potentially constituting corruption under Indonesian law. The agency urges the Corruption Eradication Commission (KPK) to investigate, underscoring concerns over governance in public nutrition programmes.

The State's Fiscal Space is Narrowing, Economists Suggest This to Safeguard the Economy

Indonesia's economy grew by 5.61% in the first quarter of 2026, surpassing the previous quarter's 5.39% due to aggressive government spending, which reached Rp 815 trillion by April, pushing the budget deficit to 0.93% of GDP. Economist M. Rizal Taufiqurrahman warns that continued high spending risks breaching the 3% annual deficit target and makes growth expensive, recommending fiscal stimulus be directed towards productive sectors for greater multiplier effects and emphasising productivity and economic resilience over mere high growth. With gross fixed capital formation contributing 29.77% to GDP at 5.09% growth, the government must avoid over-reliance on public expenditure to maintain momentum without sharp slowdowns.

KRL Disruption in Serpong Tuesday Morning, Train Set Immediately Withdrawn from Service

A technical disruption affected the KRL Commuter Line on the Rangkasbitung-Tanah Abang route at Serpong Station on Tuesday morning, causing delays for commuters heading to work. The issue involved an older Japanese-made train set, specifically KA 1635B, with unconfirmed reports pointing to a door malfunction, leading to overcrowding on platforms. Operations resumed fully by 09:02 WIB after the faulty train was inspected and withdrawn, highlighting ongoing maintenance challenges for Indonesia's vital public transport network.

Indef Assesses EV Infrastructure and Clean Energy Incentives as Economic Boosters

The Institute for Development of Economics and Finance (Indef) views government incentives for electric vehicle (EV) infrastructure and renewable energy as key strategies to strengthen Indonesia's economy amid global slowdowns. Projecting 5% growth in 2026 with stable macroeconomics, Indef highlights the role of banking in credit intermediation and urges expanded incentives to boost green investments and energy transitions. Recent foreign investments in EVs have reached $2.73 billion over three years, while Q1 2026 GDP grew 5.61% year-on-year, underscoring the potential for fiscal resilience through such policies.

SPPG Kitchen in Pesantren Strengthens Independent Economy through Productive Businesses

The Ministry of Religious Affairs is integrating the establishment of Nutrition Fulfillment Service Units (SPPG) in Islamic boarding schools (pesantren) with productive economic programmes to enhance self-reliance, including fish farming and agricultural development. This initiative builds on the success of a business incubation programme that has made 4,185 pesantren economically independent since 2021. By partnering with the National Nutrition Agency and the Ministry of Marine Affairs and Fisheries, the effort aims to transform pesantren into centres of sustainable economic empowerment for communities alongside religious education.

Ministry of Health Reveals Latest Facts: 2.3 Million Indonesian Children Have Never Been Immunised

The Indonesian Ministry of Health has disclosed that approximately 2.3 million children remain completely unvaccinated, placing Indonesia as the sixth country globally with the highest number of zero-dose children. This figure has risen sharply over recent years, with full immunisation coverage dropping to 80.2% in 2025, below the 90% target, posing risks of outbreaks like measles and polio that could impact public health and long-term human resource quality. Factors such as vaccine hesitancy, limited healthcare personnel, and suboptimal data tracking are contributing to this challenge, prompting calls for multi-sectoral support to boost immunisation efforts.

Indonesia and Kazakhstan eye major deals in energy and trade

Indonesia and Kazakhstan are pursuing enhanced bilateral ties in energy, trade, and investment, with a focus on renewable energy, digital transformation, and logistics connectivity, as discussed by Coordinating Minister Airlangga Hartarto and Kazakh Prime Minister Olzhas Bektenov in Astana. The two nations aim to leverage Kazakhstan's strategic position to boost trade within the Eurasian Economic Union, following their recent free trade agreement, while Indonesia targets growth in its digital economy to US$200 billion by 2030 and net-zero emissions by 2060. This partnership holds significant potential for mutual economic expansion, given Kazakhstan's projected 6.5% GDP growth in 2025.

Establishing New Standards for the Tourism Digital Financial Services Ecosystem in Bali, BTN Partners with MKP

PT Bank Tabungan Negara (BTN) has partnered with PT Mitra Kasih Perkasa (MKP) to develop an integrated ticketing system and digital financial services for tourism destinations and ports in Bali, aiming to enhance the digitalisation of the sector. This collaboration integrates with BTN's Bale by BTN super app, allowing tourists to access bookings, payments, and transactions in one platform, while BTN serves as the exclusive banking partner handling settlements and providing on-site banking channels. The initiative supports local businesses and UMKM by expanding BTN's ecosystem into high-transaction tourism areas, fostering efficiency and brand exposure.

Supporting Local SMEs, Shopee Provides Rp 500,000 Store Vouchers Each Month

Shopee has launched the Local Business Acceleration Voucher programme to boost sales of domestic products amid subdued consumer purchasing power, offering Rp 500,000 monthly vouchers to stores selling 100% local goods. This initiative builds on the platform's prior Rp 100 billion investment in vouchers from January to May 2026, resulting in up to 40% sales increases for local sellers and over double the sales on Local Shopping Day. The programme underscores the role of digital incentives in enhancing competitiveness and supporting the growth of Indonesian micro, small, and medium enterprises in the expanding e-commerce landscape.

Russia accuses EU of politicising efforts to evacuate children from Ukraine

Russia's Permanent Representative to the EU has accused the bloc of spreading disinformation about Moscow's humanitarian efforts to evacuate underage children from conflict zones in Ukraine and reunite separated families. The statement responds to an EU meeting that alleged "kidnapping" of Ukrainian children, with Russia denying any forced transfers and highlighting ongoing family reunification processes mediated by international bodies. This diplomatic spat underscores escalating tensions between Russia and the West amid the Ukraine conflict.

Indonesia Affirms Commitment to Building High-Integrity Forest Carbon at New York Business Forum

Indonesia has reaffirmed its dedication to developing a high-quality and high-integrity forestry carbon trading system to bolster its position in the global carbon market, as highlighted at the Business Forum on Carbon Market in New York during the 2026 United Nations Forum on Forests. Forestry Minister Raja Juli Antoni emphasised that Indonesian forest carbon credits must be scientifically robust, transparent, verifiable, and beneficial to both the environment and local communities, supported by new regulations like Ministerial Regulation No. 6 of 2026 to align with international standards such as Article 6 of the Paris Agreement. This approach, backed by industry leaders, aims to enhance sustainable forest management, reduce emissions, and attract green investments while contributing to Indonesia's FOLU Net Sink 2030 target and global climate mitigation efforts.

Shares Plunge 60.83%, BEI Closely Monitors Prajogo's BREN Stock

The Indonesia Stock Exchange (BEI) has placed PT Barito Renewables Energy Tbk (BREN), owned by Prajogo Pangestu, under close monitoring due to Unusual Market Activity following a drastic 60.83% year-to-date decline in its share price, with a 7.79% drop to Rp3,790 in the previous session. This scrutiny aims to protect investors amid the stock's abnormal movements, though it does not imply any regulatory violations. Previously listed under High Shareholders Concentration with 97.31% ownership, BREN risks exclusion from the global MSCI index during the upcoming rebalancing in May 2026, potentially impacting investor confidence and market dynamics.

Anticipating Hantavirus, Soekarno-Hatta Airport Tightens Arrival Screening for Tourists from 4 Countries

Soekarno-Hatta International Airport has intensified health screenings for arrivals from the United States, Argentina, Uruguay, and Panama due to reported Hantavirus cases in those nations. Measures include mandatory health declarations via the Satu Sehat app, thermal scanning for symptoms, and visual observations, with suspected cases referred to specialised infectious disease hospitals using dedicated ambulances equipped for decontamination. This proactive approach aims to prevent the rare but severe respiratory illness from entering Indonesia, highlighting the importance of border health protocols in safeguarding public safety.

Deputy Minister of Religious Affairs: Praise be to God, 7 Million Santri Benefit from Free Nutritious Meals Programme

Indonesia's Deputy Minister of Religious Affairs, Romo Muhammad Syafi'i, announced that approximately 7 million santri and religious education staff have begun receiving benefits from the government's Free Nutritious Meals (MBG) programme, a key initiative under President Prabowo Subianto's administration. This follows data synchronisation by the Ministry of Religious Affairs, which now includes various educational institutions within pesantren environments, addressing previous categorisation gaps. The government is accelerating implementation by allowing larger pesantren to establish their own nutrition service units and partnering with state-owned banks for funding, underscoring a commitment to enhancing nutrition and education in Islamic boarding schools.

TikTok Launches Ad-Free Subscription Package, Here's the Price

TikTok has officially introduced its ad-free subscription service, TikTok Ad-Free, in the UK, allowing users to pay £3.99 per month (approximately Rp90,000) to enjoy the platform without advertisements and with disabled data tracking for personalised ads. This move follows Meta's similar offerings for Instagram and Facebook in Europe and the UK, driven by regulatory pressures over data privacy. The service aims to provide users with greater choice in their app experience, though sponsored content from creators will still appear, highlighting the evolving landscape of digital advertising and user privacy in social media.

Business Operators Must Know! Schedule and Mechanism of the 2026 Economic Census

Indonesia's Central Statistics Agency (BPS) will conduct the Economic Census in 2026, the fifth such comprehensive data collection on all business units across the country, occurring every decade since 1986. The census covers 19 sectors from agriculture to international organisations, with data gathered via online questionnaires for larger businesses from May to July and field interviews for others from June to August, aiming to support strategic planning, economic trend analysis, and business opportunity identification. Business owners are advised to prepare for participation, as the results will inform national economic policies and decision-making.

Ministry of Health on Hantavirus: Public Should Not Panic but Remain Vigilant

The Indonesian Ministry of Health has urged the public not to panic over Hantavirus cases, particularly the Hanta Pulmonary Syndrome (HPS) type, as no such cases have been detected in the country, though improved surveillance systems are highlighting better early detection capabilities. Officials emphasise vigilance against transmission risks from infected rodents, recommending hygiene practices, avoidance of high-risk areas, and prompt medical consultation for symptoms like fever and shortness of breath. While the World Health Organization notes the low overall public health risk and distinguishes it from Covid-19, the ministry advises close contacts to work from home during observation periods to prevent potential spread.

BGN Mandates SPPG to Increase Beneficiaries for Pregnant Women, Breastfeeding Mothers, and Toddlers within Two Weeks

The National Nutrition Agency (BGN) has directed all Nutrition Fulfilment Service Units (SPPG) to boost the number of beneficiaries among pregnant women, breastfeeding mothers, and toddlers (3B category) in their respective areas over the next two weeks, aiming to bridge the gap from the current 9 million to the 22-26 million identified by the Ministry of Health. Failure to meet these targets will result in temporary suspension of SPPG operations, as part of the government's broader initiative under the Free Nutritious Meals Programme (MBG) to enhance child nutrition and reduce national stunting rates. Challenges in implementation, such as reluctance from local health cadres and midwives in areas like Pamekasan, have already led to inconsistent distributions, highlighting the need for clearer guidelines and better coordination.

Rupiah Continues to Weaken to Rp 17,489 Despite Rising Consumer Confidence in Indonesia's Economy

The Indonesian rupiah weakened to Rp 17,489 against the US dollar on Tuesday, marking a 0.43% decline amid fluctuating trading, even as consumer confidence in the national economy remained optimistic. Bank Indonesia's April survey showed the Consumer Confidence Index rising slightly to 123.0, driven by improved perceptions of current economic conditions including employment and purchasing power. However, heightened geopolitical risks, stemming from US President Donald Trump's rejection of Iran's response to a US peace proposal, contributed to the currency's depreciation.

Beware! IDX Closely Monitors These 4 Stocks Due to Unusual Movements

The Indonesia Stock Exchange (IDX) has flagged unusual market activity (UMA) for four stocks, including a sharp decline in PT Barito Renewables Energy Tbk. (BREN) by 60.93% to 3,790 per share, and significant rises in PT Dafam Property Indonesia Tbk. (DFAM), PT Hetzer Medical Indonesia Tbk. (MEDS), and PT Ekamas Mora Republik Tbk. (MORA), with gains of 32.08%, 68.29%, and 103.70% respectively over the past week. The IDX is monitoring transaction patterns but stresses that UMA does not imply any regulatory violations in the capital markets. Investors are advised to review company disclosures, performance, and potential corporate actions before making decisions, with all information available on the IDX website.

Nurturing Economic Hopes

Indonesia's economy grew by 5.61% in the first quarter of 2026, marking the highest rate since 2022 and positioning the country as a leader among G20 nations amid global slowdowns. This resilience is supported by solid fiscal allocations, controlled inflation at 2.42%, and initiatives like industrial downstreaming and social programmes such as the Free Nutritious Meals initiative. However, sustained vigilance is essential to address ongoing risks from trade disruptions, commodity fluctuations, and geopolitical tensions, ensuring growth is inclusive and benefits all societal layers.

BI and Bank Negara Malaysia Strengthen Cooperation, Financial Stability as Focus

Bank Indonesia (BI) and Bank Negara Malaysia (BNM) have signed a Memorandum of Understanding to bolster bilateral cooperation in central banking, aiming to safeguard financial stability amid global geopolitical challenges. The agreement, signed by BI Governor Perry Warjiyo and BNM Governor Dato' Abdul Rasheed Ghaffour, covers areas such as monetary policy, financial stability, payment systems, digitalisation, and information exchange. This pact underscores a commitment to deepening institutional ties and fostering sustainable partnerships between the two central banks.

Strengthening Fundamentals, Telkom Records Resilient Performance in 2025

PT Telkom Indonesia (Persero) Tbk reported a resilient financial performance for the 2025 fiscal year, achieving a net income of Rp17.8 trillion and consolidated revenue of Rp146.7 trillion, despite macroeconomic pressures and sector challenges. The company advanced its TLKM 30 transformation strategy through four pillars—Operational & Service Excellence, Streamlining, Unlock Value, and Modus-operandi Shift—focusing on divestitures, asset optimisation, and shifting to a strategic holding structure to enhance long-term value creation and competitiveness in Indonesia's digital ecosystem. This progress is underscored by a 35.7% Total Shareholder Return and alignment with governance reforms mandated by Danantara Indonesia, including accounting policy adjustments that impacted reported earnings.

Cooperative Managers and Members Protected by BPJS Ketenagakerjaan

The Indonesian Ministry of Cooperatives and BPJS Ketenagakerjaan have signed a Memorandum of Understanding and Cooperation Agreement to extend social security protections to the entire cooperative ecosystem, including managers, workers, and members, particularly in village-level 'merah putih' cooperatives that drive local economies. This collaboration aims to enhance coverage, facilitate data exchange, and improve access to services like work accident insurance, old-age benefits, pensions, and death benefits, aligning with BPJS's 3C strategy of Coverage, Care, and Credibility. By safeguarding against work-related risks, the initiative is expected to boost productivity, business sustainability, and worker welfare, addressing the low current registration rates among the vast number of cooperatives nationwide.

Antam Gold Price Today, 12 May, Surges by Rp 40,000 per Gram; Check the Latest List

The price of Antam gold in Indonesia rose to Rp 2,859,000 per gram as of 09:30 WIB on Tuesday, 12 May 2026, marking an increase of Rp 40,000 from the morning opening price of Rp 2,819,000 per gram. Antam gold bars are available in weights ranging from 0.5 grams to 1 kilogram, catering to various investor needs. Transactions include PPh 22 tax deductions, with a buyback tax applied to sales exceeding Rp 10 million, as prices are updated daily on the official Logam Mulia website at 08:30 WIB.

Asian Currencies in Turmoil: Ringgit and Rupiah Plummet

Asian currencies weakened against the US dollar on Tuesday, with the Indonesian rupiah hitting a record low of Rp17,500 per dollar amid a strengthening dollar index. This pressure stems from heightened geopolitical tensions following US President Donald Trump's doubts over the US-Iran ceasefire and potential military escalations, boosting demand for the dollar as a safe-haven asset. The ongoing conflict is also sustaining high oil prices, raising inflation risks and expectations for prolonged high US interest rates, which further burdens emerging market currencies like those in Asia.

70 Parliament Members and Ministers Call for Keir Starmer to Resign as UK Prime Minister

Pressure is mounting on UK Prime Minister Keir Starmer following the Labour Party's crushing defeat in local elections, where it lost nearly 1,500 council seats and control of around 40 local authorities, including traditional strongholds. Over 70 Labour MPs and several senior ministers, including Home Secretary Shabana Mahmood, are urging Starmer to resign or clarify his leadership future, with at least four Parliamentary Private Secretaries stepping down amid growing internal rifts. Starmer's potential exit could plunge the UK back into political uncertainty reminiscent of post-Brexit turbulence, potentially disrupting economic policymaking and Labour's internal power dynamics.

BPJS Ketenagakerjaan and Ministry of Cooperatives Strengthen Worker Protection in the Cooperative Ecosystem

The Ministry of Cooperatives of the Republic of Indonesia and BPJS Ketenagakerjaan have signed a Memorandum of Understanding (MoU) and Cooperation Agreement (PKS) to expand social security protection for workers across the cooperative ecosystem, including managers, workers, and members. This collaboration aims to enhance coverage, facilitate data exchange, and improve access to services, particularly supporting village/ward red-and-white cooperatives as key drivers of the people's economy. By aligning with BPJS Ketenagakerjaan's 3C strategy—Coverage, Care, and Credibility—the initiative seeks to boost productivity and business sustainability through protections against work-related risks, old age, and death.

Coordinating Minister for Political and Security Affairs: Indonesia's Reputation at Stake in Lebanon Mission

Coordinating Minister for Political and Security Affairs Djamari Chaniago has urged personnel of the Indonesian contingent Garuda UNIFIL to maintain strict discipline during their United Nations peacekeeping mission in Lebanon, emphasising that their conduct will impact Indonesia's international reputation. Speaking at a coordination meeting in Sentul, Bogor, he highlighted the importance of rigorous training for safety in conflict zones and noted Indonesia's long history of contributions to UN peacekeeping efforts, with President Prabowo Subianto prioritising enhanced readiness and strategic placements. The deployment of 744 troops at the end of May 2026 underscores the nation's commitment to global peace while carrying the honour of the Indonesian flag.

NTB Provincial Government on the Dispersal of 'Pesta Babi' Screening: The Film's Title is Inelegant

The West Nusa Tenggara (NTB) provincial government has responded to the dispersal of screenings of the film 'Pesta Babi' by Dandhy Laksono at several universities in Mataram, citing concerns over the film's provocative title and potential social impacts. Officials coordinated with university administrations to postpone public viewings, though no formal ban has been issued from the central government, and they plan to review the content before deciding on restrictions. University rectors maintain that dispersals were for maintaining order due to lack of prior notification and large crowds, not to suppress expression.

Attorney General's Office Summons Garuda Indonesia Business Director Reza Aulia Over Alleged Governance and Monopoly Issues

The Indonesian Attorney General's Office has secretly summoned Garuda Indonesia's Commercial Director, Reza Aulia Hakim, and former Citilink President Director, Darsito Hendro Saputro, for questioning on alleged issues of business investment, corporate governance, and potential state revenue losses due to monopolistic practices in the aviation sector. The summons, dated March 3, 2026, and marked "Secret," requires attendance on March 9, 2026, with relevant documents, amid ongoing investigations by the Deputy Attorney General for Intelligence. Neither the Attorney General's Office nor Garuda Indonesia has provided official responses, highlighting sensitivities around competition, ticket pricing, and management in the state-owned airline, which has long been under public scrutiny.

Coordinating Minister for Politics and Security: Police as Protectors and Guardians of Society Must Not Be Merely a Slogan

Coordinating Minister for Politics and Security, General (Ret.) Djamari Chaniago, has urged Indonesian police officers to embody their role as protectors and guardians of the people beyond mere rhetoric, emphasising the need for the National Police (Polri) to become a beloved institution that builds exemplary character. Speaking at the Police Academy in Semarang, he highlighted that serving as a police officer is a lifelong dedication to the nation, requiring adaptability to Indonesia's diverse cultures and close collaboration with subordinates in the field. This guidance underscores the importance of fostering national unity and effective public service in a vast and varied archipelago.

Safeguarding the Hopes of Honorary Teachers Amid Education Restructuring

Recent rumours that non-civil servant teachers would be prohibited from teaching starting in 2027 caused widespread anxiety among honorary teachers in Indonesia, but the Ministry of Basic and Secondary Education has clarified that their services remain essential to address teacher shortages. The government has extended their contracts until the end of 2026 and continues to provide professional allowances and incentives, with over Rp12.1 trillion allocated for non-ASN teacher benefits in the latest fiscal year. This policy underscores the nation's commitment to supporting educators, particularly in remote areas, aligning with the educational philosophy of Ki Hajar Dewantara to foster humanising teaching environments.

6 Indonesian Crazy Rich Individuals Who Own Hospital Businesses

This article highlights six of Indonesia's wealthiest tycoons who control major hospital chains, many of which are publicly listed on the Indonesia Stock Exchange, allowing public investment in healthcare alongside treatment access. Key figures include Dato' Sri Tahir of Mayapada Hospital, Martua Sitorus via Murni Sadar Hospitals, the late Boenjamin Setiawan's Mitra Keluarga network, Eddy Kusnadi Sariaatmadja's Omni Hospitals, Mochtar Riady's Siloam Group, and the family of The Ning King with GRHA hospitals. The piece underscores the growing intersection of ultra-wealth and Indonesia's private healthcare sector, reflecting broader economic diversification among conglomerates.

Gibran Inspects Bundaran HI-Kota MRT Project, Accompanied by Pramono Anung and Transport Minister

Vice President Gibran Rakabuming inspected the MRT Jakarta Phase 2A construction project from Bundaran HI to Kota, walking the route from Sawah Besar to Harmoni stations alongside Jakarta Governor Pramono Anung and Transport Minister Dudy Purwagandhi. The 5.8-kilometre underground line will feature seven stations, connecting the existing Phase 1 line to the city centre and enhancing urban mobility in the capital. This visit underscores the government's commitment to advancing key infrastructure initiatives amid ongoing development efforts.

Judol Emergency: Asymmetric Warfare, Non-State Actors, and National Sovereignty

Indonesian police raided an online gambling hub in West Jakarta, arresting 321 foreign nationals from countries including Vietnam, China, Myanmar, Laos, Thailand, and Cambodia, highlighting Indonesia as a prime target for transnational crime syndicates. The article argues that this incident underscores the need for comprehensive government action involving intelligence, law enforcement, and international diplomacy to combat non-state actors and protect national sovereignty. It emphasises that such crimes thrive in developing nations with technological awareness but weak economies and enforcement, urging multi-stakeholder involvement to map and dismantle these networks from source to end.

Labuan Bajo Travel Agency Boss Scams Foreign Tourists Out of Rp 85 Million for Online Gambling

The owner of the "Labuan Bajo Top" travel agency, Kristoforus Aman alias Itok Aman, has been arrested and named a suspect in a fraud case involving the misappropriation of Rp 85.2 million from a group of tourists from Malaysia and Singapore. The funds, paid for a premium Komodo National Park tour package including a chartered boat and hotel stay, were instead used by Aman for online gambling and daily expenses, leaving the victims without the promised services upon arrival in Labuan Bajo. This incident highlights vulnerabilities in Indonesia's tourism sector, particularly in dealings with international agents, and underscores the need for stronger oversight to protect foreign visitors.

EU countries agree to impose new sanctions on Israeli settlers

EU member states have agreed to new sanctions targeting Israeli settlers for violence against Palestinians in the occupied West Bank, breaking months of deadlock amid escalating settler attacks and settlement expansions. EU foreign ministers approved the measures, focusing on organisations and leaders supporting extremist and violent colonisation, though further steps like product bans or trade deal suspensions were not reached. The decision comes as over 5,900 Palestinians have been displaced since 2023 due to settler violence, highlighting the urgent humanitarian crisis.

KPK Examines Ex-Aide to Yaqut, Investigates Money Flow from Hajj Travel Bureaus to Ministry of Religious Affairs

Indonesia's Corruption Eradication Commission (KPK) is probing allegations of money flows from Hajj travel bureaus acting as organisers of special Hajj pilgrimages to officials in the Ministry of Religious Affairs concerning the allocation of special Hajj quotas for 2023-2024. The investigation deepened during the examination of Ishfah Abidal Aziz, a former special staff to ex-Minister Yaqut Cholil Qoumas, who is a suspect in the corruption case. Previously, KPK seized US$1 million suspected to have been prepared by Yaqut to influence a parliamentary special committee on Hajj, though his legal team denies any such transactions occurred.

Bapanas: Rice Prices Stable Supported by 5 Million Tons of Bulog's Government Rice Reserves

The National Food Agency (Bapanas) reports that national rice prices remain stable due to the availability of approximately five million tons of government rice reserves (CBP) managed by Perum Bulog. Agriculture Minister Andi Amran Sulaiman emphasised the government's balanced approach to ensure fair prices for farmers, traders, and consumers, protecting paddy prices at the farm level through a government purchase price of Rp6,500 per kg while keeping retail prices affordable. Recent data from Bapanas and BPS indicate slight declines or stability in rice prices, with ongoing interventions like market operations and aid programmes to maintain food security through the second semester.

The Fate of Public Services on Fridays When Civil Servants Work from Home: Will They Remain Excellent or Slow Down?

The Indonesian government's Work From Home (WFH) programme for civil servants (ASN) and private employees, set to begin on 1 April 2026 to save energy, has sparked concerns among Jakarta residents about potential declines in public service quality, particularly for in-person bureaucratic tasks. Residents like Maryono and Tiris express worries over reduced staff availability, preferring direct interactions over online options due to age-related difficulties. However, a Kompas.com visit to the Jakarta Civil Registry Office on a WFH Friday revealed efficient operations, with security staff promptly assisting visitors and multiple counters actively serving the public without noticeable delays.

Orchestrating Green Power Towards 8% Economic Growth

Indonesia requires an 8% economic growth target to escape the middle-income trap before its demographic bonus fades, with reliable and competitive energy serving as the foundational driver for industrialisation, downstream processing, and modern manufacturing. The article advocates for a redefinition of national energy strategy through green power transition, not merely as an environmental commitment but as an economic strategy to attract global investments and build sustainable industries. Orchestration of policies, regulations, investments, and domestic resources like geothermal and hydropower is essential to turn this transition into a catalyst for growth rather than a fiscal burden, enhancing industrial competitiveness and trade balances.

Reasons Behind IHSG's Sudden 1% Drop After Opening Up 1%

The Jakarta Composite Index (IHSG) reversed course sharply on Tuesday, plummeting 1.07% to 6,831.84 just 15 minutes after opening with a 1% gain, primarily dragged down by the technology sector and shares like PT Mora Telematika Indonesia Tbk (MORA), which hit its lower auto-reject limit. Market participants adopted a wait-and-see approach ahead of the MSCI review announcement, fearing a potential reduction in Indonesia's weight in the global index that could trigger foreign fund outflows, though regulators view ongoing capital market reforms as short-term pain for long-term gains. Global factors, including a strengthening US dollar and geopolitical tensions involving Iran, further pressured emerging markets, with the rupiah weakening to a historic low of Rp17,500 per US dollar.

Suspected Fiduciary Diversion Behind the Origin of 1,494 Illegal Motorcycles in South Jakarta

Police in Jakarta have seized 1,494 motorcycles from a warehouse in South Jakarta, suspecting that many originated from the illegal diversion of vehicles still under fiduciary guarantees, potentially involving the misuse of personal data for financing applications. The case has expanded to include allegations of violating the Personal Data Protection Law and fencing stolen vehicles, with indications that the motorcycles were intended for export to Africa, similar to over 99,000 vehicles shipped without proper ownership documents since 2022. This investigation highlights significant illegal vehicle trafficking networks within Indonesia, prompting further probes by multiple regional police forces.

Religious Affairs Minister States Not All Gifts Are Gratuity, Spokesperson: Gifts Compliant with Regulations Need Not Be Reported

Indonesia's Minister of Religious Affairs, Prof Nasaruddin Umar, clarified that not all gifts constitute gratuity, emphasising the need to reject any offerings linked to positions or resembling bribes. His spokesperson, Thobib Al Asyhar, elaborated that while certain customary or social gifts up to Rp1 million per giver—such as those for weddings, births, or religious events—are permissible and need not be reported, anything outside these regulations must be reported to the Corruption Eradication Commission (KPK). This statement aims to provide a comprehensive understanding of ethical boundaries and legal rules for civil servants, reinforcing anti-corruption measures without opening doors to illicit practices.

Economy Grows 5.61 Percent, INDEF: Lower Classes Yet to Feel It

Indonesia's economy grew by 5.61 percent in the first quarter of 2026, driven by strong domestic consumption, festive spending, holiday bonuses, and accelerated government social assistance expenditures. However, the Institute for Development of Economics and Finance (INDEF) highlights that the benefits of this growth are not evenly distributed, particularly failing to reach the lower strata of society. INDEF emphasises the need for fiscal spending to generate substantial real value added, potentially multiplying each rupiah invested by five to twenty times.

MP: Do Not Let Indonesia Become a Haven for Online Gambling

A member of Indonesia's House of Representatives Commission III, Rudianto Lallo, has urged law enforcement authorities not to allow the country to become a safe haven for online gambling syndicates, highlighting the transnational nature of this crime that threatens social and economic stability. He praised the National Police's swift actions in raiding an operation in West Jakarta, where 320 foreign nationals from various countries were arrested for running organised online gambling sites. Rudianto called for thorough investigations into the networks, money flows, and international collaborations to eradicate the issue comprehensively, emphasising the need for consistent enforcement and cross-institutional efforts.

Rupiah Nearly Touches Rp 17,500 per US Dollar, IHSG Plunges 1.10 Percent This Morning

The Indonesian rupiah weakened to Rp 17,479 per US dollar at the opening of trading on Tuesday, marking a 0.37 percent decline from the previous close and approaching the critical Rp 17,500 level. This depreciation aligned with broader pressures on Asian currencies against the dollar, with the South Korean won experiencing the steepest fall of 0.89 percent. Meanwhile, the Composite Stock Price Index (IHSG) dropped 1.10 percent to 6,829.95, reflecting widespread selling pressure in the market with 410 stocks declining against just 178 advancing.