Indonesian Political, Business & Finance News

Archive: 13 May 2026

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MSCI Removes Six Indonesian Stocks from Global Standard Index

Morgan Stanley Capital International (MSCI) has announced the removal of six Indonesian stocks—PT Amman Mineral Internasional Tbk (AMMN), PT Barito Renewables Energy Tbk (BREN), PT Chandra Asri Pacific Tbk (TPIA), PT Dian Swastatika Sentosa Tbk (DSSA), PT Petrindo Jaya Kreasi Tbk (CUAN), and PT Sumber Alfaria Trijaya Tbk (AMRT)—from its Global Standard Index as part of the May 2026 review, exceeding market expectations for deletions and resulting in no new additions. This adjustment, effective from 30 May 2026, could trigger passive outflows of approximately Rp28-31 trillion and heighten short-term volatility in the affected stocks due to portfolio rebalancing by global institutional investors. The changes signal a reduced representation of Indonesian equities in the index, potentially exerting negative pressure on the Composite Stock Price Index (IHSG), while PT Sumber Alfaria Trijaya Tbk (AMRT) is added to the MSCI Global Small Cap Index and several others are removed from it.

Global Gold Prices Fall Amid Fading Hopes for US-Iran Peace Deal

Global gold prices declined on Tuesday as rising oil prices heightened inflation fears and expectations of prolonged high interest rates from central banks like the Federal Reserve. The drop was triggered by diminishing prospects for a US-Iran peace agreement, which has pushed oil prices up over 3%, exacerbating concerns of stagflation. Despite this, analysts at UBS remain optimistic about gold's recovery, citing strong fundamental supports, while markets await key US producer price data and a US-China presidential meeting.

Foreign Investors Quietly Scoop Up Energy-Telecommunications Stocks, Here's the List

Despite overall net selling by foreign investors amounting to Rp931.9 billion amid domestic market pressures, they continued selective buying in key stocks, particularly in energy, telecommunications, and petrochemical sectors, with PT Adaro Andalan Indonesia Tbk (ADRO) leading at Rp95.1 billion. The Composite Stock Price Index (IHSG) fell 0.68% to 6,858.90, dragged down by sectors like health and technology, while standout declines in stocks such as PT Mora Telematika Indonesia Tbk (MORA) contributed significantly to the downturn. This activity highlights foreign investors' defensive strategies in volatile markets, focusing on established firms amid broader economic uncertainties.

Rosan Reveals Danantara Open to Acquiring Eramet Shares in Weda Bay Nickel

Danantara Indonesia's CEO, Rosan Roeslani, has expressed openness to strategic investment opportunities, including the potential acquisition of shares in French company Eramet's stake in PT Weda Bay Nickel in North Maluku. Discussions are at an early stage, with no final decisions yet, but the collaboration aims to strengthen Indonesia's position in national strategic projects, particularly in developing a sustainable nickel ecosystem for electric vehicle batteries. This partnership involves Danantara and the Indonesia Investment Authority providing long-term financing, while Eramet contributes technical expertise in large-scale mining projects adhering to international sustainability standards.

Controversy Surrounding MPR Quiz Competition: Judges and Host Suspended, Event Under Full Review

The People's Consultative Assembly (MPR) has apologised for irregularities in the judging of the 2026 Four Pillars Quiz Competition in West Kalimantan, leading to the deactivation of the jury and host amid public outcry over inconsistent scoring. The incident involved differing marks for similar answers on the selection process of State Audit Agency members, prompting a comprehensive evaluation of the event's technical aspects to ensure future fairness and transparency. This controversy highlights the importance of upholding sportsmanship and objectivity in educational initiatives aimed at fostering national values among Indonesian youth.

House Arrest for Nadiem: Required to Report and Wear Detection Bracelet

Former Minister of Education, Culture, Research, and Technology Nadiem Anwar Makarim has been granted house arrest in the ongoing corruption case involving the procurement of Chromebook laptops, requiring him to report to prosecutors twice weekly and wear an electronic monitoring bracelet. The Jakarta Corruption Court imposed strict conditions, including surrendering travel documents, prohibiting contact with witnesses or other defendants, and restricting media statements without court approval, while allowing limited absences for medical reasons or court appearances. This development underscores intensified oversight by authorities to ensure compliance amid the high-profile proceedings.

Purbaya Prepares Mechanism to Address Investor Complaints

Finance Minister Purbaya Yudhi Sadewa has assured that the government is implementing an effective and efficient mechanism to tackle investor complaints, particularly regarding permits and investment processes in Indonesia. Through the Debottlenecking channel managed by the Task Force for Accelerating Strategic Government Programmes, the initiative has already processed 142 complaints since its launch, with 45 resolved, aiming to enhance the investment climate and boost private sector involvement essential for achieving economic growth targets of 8% by 2029. This approach underscores the government's commitment to regulatory improvements and fostering investor confidence to drive the economy, where private sector contributions account for 90% of GDP.

Puan Highlights Impact of Dollar at Rp17,500, Warns on 2027 State Budget Preparation

Indonesian House Speaker Puan Maharani has raised concerns over the rupiah's depreciation to a record low of Rp17,500 against the dollar, attributing it to global tensions including the Middle East conflict and the closure of the Strait of Hormuz, which have driven up energy prices, logistics costs, and inflation risks. She emphasised the need for the government and Bank Indonesia to anticipate these pressures not only for the current year but extending to 2027, particularly in preparing the Fiscal Policy Principles for the 2027 State Budget to safeguard national economic stability. This proactive stance aims to mitigate adverse effects on domestic purchasing power, businesses, and sectors like industry, transportation, and SMEs amid heightened global uncertainties.

Trump Begins Visit to China with Iran and Taiwan Issues in Spotlight

US President Donald Trump has commenced his visit to China, highlighting potential discussions on the Iran conflict and Taiwan tensions alongside major business deals between the world's two largest economies. Accompanied by American corporate executives, Trump aims to secure significant trade agreements despite longstanding frictions in US-China relations, particularly in technology and arms sales to Taiwan. The talks, set against a backdrop of paused trade wars, underscore Beijing's influence on Tehran as a key oil buyer and the ongoing geopolitical strains in the region.

Judge States Ibam Knew of 3 Chromebook Weaknesses but Emphasised ChromeOS Advantages

In a corruption trial over the procurement of Chromebook laptops for Indonesia's Ministry of Education, the court found that former consultant Ibrahim Arief, known as Ibam, was aware of three key weaknesses—limited internet connectivity, compatibility issues with ministry applications, and the continued need for Windows-based devices—as early as February 2020, yet he highlighted only the advantages of ChromeOS in subsequent meetings. The judge described Ibam as an active technocrat who knowingly directed and legitimised the flawed policy, leading to his conviction under Indonesia's anti-corruption laws with a four-year prison sentence and a fine of Rp 500 million. This verdict underscores accountability in public procurement processes involving government technology initiatives.

Trump Posts Latest Graphic Map, Labels Venezuela as the 51st State

Former US President Donald Trump has provoked controversy by posting a graphic map designating Venezuela as the 51st US state, amid his ongoing claims of influence over the oil-rich nation following the hypothetical capture of its former leader Nicolas Maduro. This comes a day after Venezuela's interim President Delcy Rodriguez firmly rejected any notion of becoming a US state and outlined reforms to reopen the mining and oil sectors to foreign, particularly American, companies. The move highlights escalating tensions and the opposition's calls for new elections in Venezuela, underscoring broader geopolitical implications for US-Latin American relations.

Residents Disturbed for Years, Thought to Be a Dealer but Actually a Warehouse of 1,494 Illegal Motorcycles

Police have raided a warehouse in South Jakarta's Kebayoran Lama district, seizing 1,494 motorcycles suspected to be illegally obtained and intended for export to countries like Tahiti and Togo, causing an estimated state loss of Rp 177 billion in taxes and duties. The operation, which evaded local residents' notice for years due to its discreet nature, led to the arrest of the director of PT Indobike 26 on charges including receiving stolen goods and money laundering. This bust highlights ongoing challenges in combating illicit vehicle trafficking networks that undermine national revenue.

Wall Street Closes Mixed, Inflation and Iran War Concerns Drag Nasdaq Down

Wall Street ended the trading session on Tuesday with mixed results, as the Nasdaq and S&P 500 indices declined due to pressures on technology stocks, rising US inflation, and market worries over the Iran conflict potentially spiking energy prices and reducing chances of Federal Reserve rate cuts this year. The Dow Jones Industrial Average eked out a slight gain, supported by strength in healthcare and consumer staples sectors, while investors shift focus from stock rallies to upcoming first-quarter earnings and the Fed's interest rate direction. Despite the pullback, major indices remain near all-time highs, buoyed by year-to-date gains in semiconductors driven by AI optimism, though recent consumer price data exceeded expectations, heightening economic concerns.

Ombudsman Uncovers Numerous Illegal Levy Practices in SPMB in Central Java

The Ombudsman Representative for Central Java has reported ongoing illegal levies (pungli) in primary and secondary schools, particularly during the new student admission process (PPDB), despite public schools being free. In 2025, the office received 129 complaints, including 59 related to PPDB and 26 on pungli at SD and SMP levels, marking a decrease from 36 such complaints in 2024. Head Siti Farida emphasised that donations must not be mandatory, fixed in amount, or imposed on underprivileged students, yet practices like charging for uniforms, LKS books, and "donation" books persist, prompting continued oversight.

Expert Says Facebook is Now Like a Zombie, Here's Why

A New York Times investigative journalist has likened Facebook, now under Meta, to a "zombie" company, drawing parallels to the decline of Yahoo and AOL, as it faces consumer dissatisfaction and declining stock prices amid heavy investments in AI and the metaverse. Despite its pioneering role in social media since launching in 2004, Meta's revenue is under pressure from lavish spending and shifting user preferences, particularly among younger demographics who view the platform as outdated. The company is aggressively pursuing AI development, including massive investments in data centres and talent acquisition, to revive its fortunes.

Residents Storm Unlicensed Liquor Shop Near Tangerang Police Headquarters, Police Arrive at Scene

Residents in Tangerang protested against an unlicensed liquor shop near the local police headquarters on Tuesday night, expressing concerns over its operation. Tangerang Police Chief Kombes Indra Waspada responded by coordinating with local authorities, immediately securing the site with police tape, and planning its demolition the following day. The incident highlights community efforts to enforce regulations on alcohol sales, with police urging calm and promising to address public complaints promptly.

Prabowo Subianto Secures Japanese Investment Worth Rp401 Trillion

President Prabowo Subianto has secured 11 cooperation agreements worth US$23.63 billion (approximately Rp401.71 trillion) with Japanese industry leaders during a high-level business forum in Tokyo. The deals, spanning energy, aviation financing, technology, finance, pharmaceuticals, cosmetics, and carbon transformation projects, highlight strong international interest in Indonesian assets amid global economic uncertainties. This initiative, involving key players like Pertamina, INPEX, and the new Danantara investment agency, aims to accelerate major projects such as the Abadi Gas Field and foster sustainable industrial growth for Indonesia's future global supply chains.

DPRD Urges West Jakarta City Government to Install CCTV and Street Lighting Amid Rising Mugging and Snatching Incidents

A member of the DKI Jakarta DPRD from the PDI Perjuangan faction has urged the West Jakarta City Government to bolster environmental security measures in response to a surge in mugging and snatching crimes plaguing the area. Key demands include accelerating the installation of surveillance cameras (CCTV) and improving street lighting at crime-prone spots to map vulnerabilities and ensure functional infrastructure. This call comes amid recent incidents, such as attacks on a student near Grogol Station and violent muggings in Palmerah and Taman Sari, highlighting a serious public safety crisis that is instilling fear among residents and necessitating comprehensive oversight enhancements.

US Ambassador Huckabee: Gulf States Must Choose Between Iran and Israel

US Ambassador to Israel Mike Huckabee has urged Gulf Arab states to align with Israel over Iran amid stalled negotiations following a 40-day US-Israel war against Iran, which prompted Tehran to target US-allied assets in the region. Huckabee, a pro-Zionist Baptist pastor, expressed confidence that more Arab nations will join the Abraham Accords to normalise relations with Israel, despite widespread Arab public outrage over Israel's actions in Gaza and growing US domestic dissatisfaction with the US-Israel alliance. He confirmed Israel's deployment of Iron Dome air defence batteries and personnel to the UAE to counter heavy Iranian attacks.

Ibam Sentenced to 4 Years in Prison, Now Nadiem Faces Prosecution Today

Ibrahim Arief, known as Ibam, a former expert advisor to the Ministry of Education, Culture, Research, and Technology, was sentenced to four years in prison and fined Rp500 million for corruption in the procurement of Chromebooks and Chrome Device Management (CDM) systems, causing significant losses to the state. The ruling highlights how Ibam knowingly promoted the flawed procurement despite awareness of the devices' limitations, benefiting certain individuals and corporations. Today, former Minister Nadiem Makarim is scheduled to face prosecutors' demands in the same case, which allegedly resulted in Rp2.1 trillion in state losses due to overpriced purchases and unnecessary expenditures.

SIM Keliling Locations in Jakarta Today, 13 May 2026 – Check the Spots

The SIM Keliling service in Jakarta operates at five locations on 13 May 2026 to facilitate the renewal of active SIM A and SIM C driving licences from 08:00 to 14:00 WIB, as provided by the Directorate of Traffic of Polda Metro Jaya to ease access without visiting Satpas offices. Residents are advised to arrive early due to limited service hours and queues, noting that new licences are not available through this programme and expired ones require full reapplication at Satpas. Renewal fees are Rp 80,000 for SIM A and Rp 75,000 for SIM C, with additional health and psychology test costs bringing the total to Rp 190,000–220,000, while direct renewals are also offered at various Satpas to ensure timely compliance.

Rupiah Breaches 17,500, Purbaya Prepares to Intervene in Bond Market

The Indonesian rupiah approached the psychological threshold of Rp 17,500 per US dollar, prompting the government to prepare stabilisation measures for the financial markets. Finance Minister Purbaya Yudhi Sadewa announced plans to intervene in the government bond market starting Wednesday, using available fiscal instruments to prevent capital losses for foreign investors and maintain stability amid rising yields. While ready to address the DPR on the currency's weakening, Purbaya emphasised that exchange rate stability falls under the central bank's purview.

West Java Governor Leads Demolition of Dozens of Stalls Along Eyckman Park in Bandung

West Java Governor Dedi Mulyadi oversaw the demolition of dozens of stalls encroaching on Eyckman Park and its sidewalks in Bandung to restore their original public functions after nearly 35 years of misuse. The action addressed complaints from a nearby health polytechnic about blocked access and uncovered illegal alcohol storage in the area. Compensation has been provided to affected vendors, with relocation efforts underway in coordination with the Bandung city government to ensure their livelihoods are supported.

Presidential Chief of Staff Dudung Discovers Unfit Kitchens and Maggots During Surprise Inspection of SPPG

Presidential Chief of Staff Dudung Abdurachman conducted a surprise inspection at two Satuan Pelayanan Pemenuhan Gizi (SPPG) facilities in West Jakarta, revealing severe hygiene issues including dirty kitchens, presence of maggots, inadequate storage, and poor separation of clean and dirty areas. He threatened to close the facilities if standards are not met soon, stressing that certification must go beyond administration to ensure actual food safety and nutritional value for beneficiaries. This inspection underscores the government's commitment under President Prabowo Subianto to prioritise health and quality in the free nutritious meal programme rather than mere quantity targets.

Yesterday's Legal News: Constitutional Court Grants Withdrawal of Judicial Review on State Budget Law Regarding Free Nutritious Meals to President's Wealth Report

The Constitutional Court approved the withdrawal of a judicial review challenging the 2026 State Budget Law provisions on the Free Nutritious Meals programme, while a judge granted house arrest for former Education Minister Nadiem Makarim in his ongoing corruption case. Additional developments include the verdict hearing for ex-Pertamina Patra Niaga CEO Alfian Nasution on oil governance corruption and the scheduled prosecutor's demands on 13 May in Makarim's Chromebook procurement scandal. The Corruption Eradication Commission announced President Prabowo Subianto's 2025 periodic wealth report at approximately Rp2.066 trillion, highlighting key legal and anti-corruption updates in Indonesia.

Purbaya Threatens to Cut Regional Budgets Disrupting Investment

Finance Minister Purbaya Yudhi Sadewa has warned that regional governments obstructing investment projects will face budget disincentives, including potential cuts to their transfer funds, as part of a new de-bottlenecking mechanism to streamline business hurdles. The government, through a presidential task force, is addressing 142 investment complaints—resolving 45 so far—with an estimated impact of $22 billion USD, aiming to boost private sector contributions toward an 8% economic growth target by 2029. This initiative seeks to improve Indonesia's investment climate by tackling bureaucratic delays and enhancing transparency, ultimately fostering long-term economic growth.

Four-Year Prison Sentence for Ibam Despite Not Receiving Funds in Chromebook Case

Ibrahim Arief, alias Ibam, a former consultant to ex-Minister of Education, Culture, Research, and Technology Nadiem Makarim, has been sentenced to four years in prison for his role in the corrupt procurement of Chromebooks and Chrome Device Management (CDM) systems, which caused over Rp 5.2 trillion in state losses. Although Ibam did not receive any direct financial benefits, the court held him accountable as the sole negotiation partner with Google and a key technical advisor, exacerbating the impact on education mapping during the 2019 pandemic. The ruling underscores the judiciary's stance on corruption in public sector technology acquisitions, even for non-public officials without personal gains.

The House Without Pillars of Trust

The appointment of Muhamad Qodari as head of Indonesia's Government Communication Agency has sparked concerns about the state's embrace of "homeless media"—independent digital creators lacking traditional newsrooms but wielding significant public attention. The column warns that prioritising reach over trust undermines journalism's foundational principles of verification, independence, and social responsibility, potentially eroding public faith in media and democracy. Drawing on communication theories and global studies, it argues that without integrity, even modern media platforms risk becoming mere echo chambers for power rather than critical watchdogs.

Yesterday's Politics: Deactivation of LCC Empat Pilar Jury to Preventing Online Gambling

A roundup of popular political news from Antara on Tuesday highlighted key developments, including the deactivation of the jury and host in the Empat Pilar LCC competition in West Kalimantan due to scoring controversies, the operational launch of the Nusantara Lima satellite to accelerate internet equity in remote areas, and calls for immediate improvements or suspension of substandard SPPG nutrition service units by the Presidential Chief of Staff. Additionally, the Indonesian Air Force enhanced its cyber warfare capabilities through specialised training, while the House Speaker urged the government to prevent Indonesia from becoming a hub for online gambling syndicates. These stories underscore ongoing efforts in governance, technology deployment, military readiness, and social policy enforcement.

Ibam Trial Reveals Beneficiaries of Nadiem's Chromebook Project

The trial of former consultant to Education Minister Nadiem Anwar Makarim, Ibrahim Arief (Ibam), has exposed significant commercial gains and gratuities linked to the Ministry of Education's procurement of Chromebook laptops and Chrome Device Management services from 2020 to 2022. Entities such as Google LLC, PT Aplikasi Karya Anak Bangsa (part of GoTo), and various local Chromebook principals profited substantially, while officials received bribes totaling millions of rupiah. Ibam was sentenced to four years in prison and fined Rp500 million for corruption, highlighting systemic issues in public procurement under Nadiem's tenure.

Controversy in West Kalimantan's Quiz Competition: MPR Deactivates Jury and Proposal Emerges to Repeat the Event

A controversy has erupted over the judging in the final round of the Four Pillars of the MPR RI 2026 Quiz Competition at the West Kalimantan provincial level, leading the MPR to deactivate the jury and host amid widespread social media backlash. The MPR has issued an official apology, acknowledged lapses in the evaluation process, and committed to a comprehensive review of the competition's technical aspects to ensure greater transparency and fairness. Several MPR members, including Deputy Speaker Cucun Ahmad Syamsurijal, have called for an evaluation of jury selection procedures to prevent similar incidents in future educational events aimed at youth development.

Banana Blood Disease Also Spreads in Lembata

The banana blood disease, caused by the bacterium Ralstonia syzygii subsp. celebesensis, has now spread to Lamalela Village in Lembata's Lebatukan District, as confirmed by the Acting Head of the Agriculture and Food Security Office, Muktar Hada. Officials urge farmers to implement preventive measures including garden sanitation, eradication of infected plants, cutting banana hearts after the last fruit bunch, tool disinfection, and use of biological agents like Trichoderma sp. to combat this dangerous disease, which has already affected multiple villages in nearby Flores Timur and poses a significant threat to local banana cultivation.

Foreign Transactions Sluggish, These Stocks Hit by Major Net Sell

Foreign investors recorded a massive net sell of Rp931.9 billion on the Indonesian stock market on Tuesday, amid caution ahead of the MSCI index review announcement, with mining and banking stocks like ANTM and BMRI bearing the brunt. The Composite Stock Price Index (IHSG) fell 0.68% to 6,858.90, pressured by sectors such as health and technology. This activity reflects broader market hesitancy, with total transaction values below average, highlighting potential volatility in Indonesia's equity landscape.

Bundaran HI to Kota Gets Faster, MRT Phase 2A Project Progress Exceeds Halfway Mark

The MRT Jakarta Phase 2A project, connecting Bundaran HI to Kota, has reached 59.7% completion, with Jakarta Governor Pramono Anung, Vice President Gibran Rakabuming Raka, and Transport Minister Dudy Purwagandhi inspecting the site on Tuesday. The full 22.2 km North-South line is targeted for completion by the end of 2029, highlighting challenging deep excavations at Sawah Besar and Mangga Besar stations, 28 metres underground. Pramono praised the entirely Indonesian workforce of 3,800, noting the Vice President's satisfaction with the neat tunnel construction and overall progress.

Rupiah and MSCI Rebalancing Become Sentiments for IHSG, Retail Investors Can Follow These Analyst Stock Recommendations

The Jakarta Composite Index (IHSG) is influenced today by the global MSCI index rebalancing and the ongoing weakening of the rupiah against the US dollar, with market participants also monitoring US inflation data for potential impacts on Federal Reserve interest rate policies. Analysts note that the banking sector may face negative pressure due to foreign investor rebalancing amid currency volatility, while the pulp sector emerges as attractive alongside energy, as its dollar-denominated revenues benefit from the rupiah's depreciation. Despite potential panic selling, the IHSG's technical levels around 6,800-6,900 suggest limited downside, with fundamentals in Indonesian banking remaining stronger than in past crises.

Rupiah Plunges Further to 17,500 Level, Bank Indonesia's Response

The Indonesian rupiah has weakened to a historic low of Rp17,500 per US dollar amid escalating geopolitical tensions in the Middle East and seasonal domestic demand for dollars, prompting Bank Indonesia to intensify interventions and monetary operations to stabilise the currency. Senior Deputy Governor Destry Damayanti assured that foreign investor confidence is improving with significant capital inflows into government securities, and the central bank anticipates the pressure to ease soon. Following President Prabowo Subianto's directives, Bank Indonesia outlined seven measures, including offshore interventions, restrictions on dollar purchases, and enhanced local currency transactions with China, to bolster the rupiah and maintain financial stability.

Differences Between Waste Bank Units and Parent Banks to Checking Their Locations in Jakarta

Jakarta's e-Waste Bank system features two types of waste banks: Units (BSU) that directly accept deposits from residents and Parent Banks (BSI) that aggregate waste from BSUs for further processing, both aimed at promoting the 3R principles of reduce, reuse, and recycle to cut down on landfill waste. This community-based initiative, supported by the Jakarta Environment Agency, allows digital tracking of transactions and savings from recycled waste. Residents can easily locate BSUs (marked green) and BSIs (marked red) via the system's online map at banksampah.jakarta.go.id, facilitating greater participation in source-level waste reduction efforts.

Solok City Government Bans School Trips to Ease Burden on Parents

The Solok City Government in West Sumatra has prohibited schools from organising school trips, including dharma wisata, to alleviate the financial strain on parents amid current economic pressures. Mayor Ramadhani Kirana Putra instructed the City Education Department to issue a circular banning such activities, emphasising that educational policies must consider the community's economic conditions. This measure underscores the local government's commitment to supporting families and enhancing educational services without adding unnecessary burdens.

Honda Motorcycle Sales Reach 394,000 Units in April 2026

Honda motorcycle sales in Indonesia surged to 394,000 units in April 2026, marking a positive recovery in the domestic market following the Lebaran holiday period and normalisation of workdays. This figure represents a 16% increase from March's 448,974 units—wait, no, the article indicates an increase compared to the previous month, but the numbers suggest a decrease; actually, upon closer inspection, it grew significantly year-over-year, maintaining Honda's dominant 75.6% market share out of total national sales of 520,972 units. The achievement underscores the resilience of Indonesia's two-wheeler sector and Honda's strong position, with hopes for further rebound to exceed 400,000 units monthly.

LHKPN Report: Gibran Rakabuming Raka's Total Assets Valued at Rp 27.9 Billion

Vice President Gibran Rakabuming Raka has disclosed total assets amounting to Rp 27.9 billion in his latest LHKPN report submitted to the Corruption Eradication Commission (KPK). The declaration, covering his wealth for 2025, includes properties worth Rp 17.44 billion, vehicles valued at Rp 286.5 million, other movable assets of Rp 280 million, securities at Rp 5.55 billion, and cash equivalents of Rp 4.36 billion, with no reported debts. This transparency in asset reporting underscores public accountability for high-ranking officials in Indonesia amid ongoing anti-corruption efforts.

Dissenting Opinion in Verdict Hearing for Ibam: The Defendant Was Merely a Technology Consultant

In the corruption trial involving the procurement of Chromebook laptops, two out of five judges issued a dissenting opinion, arguing that defendant Ibrahim Arief alias Ibam was only a technology consultant who provided marketplace-based pricing information without evidence of collusion or direct involvement in the crime. Despite this, the panel convicted Ibam of corruption, sentencing him to four years in prison and a fine of Rp500 million, based on prosecutors' claims that he influenced officials to select Chromebooks and saw his wealth increase by Rp16.9 billion from illicit gains. The case highlights tensions in Indonesia's anti-corruption efforts within public procurement processes at the Ministry of Education.

Golkar Faction Chairman in DPR: The State Must Not Lose to Street Criminals

M. Sarmuji, Chairman of the Golkar Party Faction in the Indonesian House of Representatives, has expressed deep concern over the rising incidents of street crime and muggings across various regions in May 2026, highlighting cases in Lampung, Makassar, Pasuruan, Bandung, Tangerang, West Jakarta, and other areas that are causing widespread public anxiety. He emphasises that the state must not yield to criminals, as such threats undermine not only public safety but also economic activities and social life, particularly affecting small businesses, night-shift workers, and informal sector participants. Sarmuji urges the police to enhance routine patrols, preventive operations in vulnerable spots, and proactive mapping of criminal groups to ensure public spaces remain secure for everyday livelihoods.

El Niño 2026: Global Wildfires Expected to Reach Worst Record in History

Global wildfires have surged to unprecedented levels this year, burning over 150 million hectares from January to April alone, a 20% increase over previous records, exacerbated by climate change. Experts from World Weather Attribution predict a super El Niño event in 2026 will intensify fires in Asia, Africa, and beyond, with Asia already seeing 44 million hectares scorched—nearly 40% above the 2024 record—particularly affecting India, Myanmar, Thailand, Laos, and China. This combination of warming trends and El Niño could lead to the most extreme fire season in recent history, heightening risks of drought and heatwaves in regions like Australia, Indonesia, and the Amazon.

Coal Prices Slump, Awaiting El Niño for Takeoff

Coal prices have stabilised after a recent surge, closing at US$135.8 per tonne amid declining Chinese imports and cautious buyer sentiment entering the low season. Analysts from UBS warn of a potential "super El Niño" from mid-2026 that could tighten global thermal coal supplies through disrupted sea routes and heightened electricity demand in Asia, benefiting major exporters like Indonesia and Australia. This development is particularly significant for Indonesia, China's primary thermal coal supplier, as it navigates high production costs and potential export quota adjustments.

Pregnant Mother's Ordeal in Tapsel: Carried for 6 Hours, Bobby Nasution Responds

A pregnant woman in South Tapanuli Regency endured a harrowing six-hour journey carried by villagers on a stretcher over 30 km of rugged paths to reach medical care due to poor road infrastructure, resulting in the tragic loss of her baby though she survived. North Sumatra Governor Bobby Nasution expressed condolences and announced the acceleration of provincial plans to upgrade remote health centres to inpatient facilities and improve access roads, originally slated for 2027 but now starting this year with central government support. This incident highlights the critical need for better healthcare infrastructure in Indonesia's remote areas to prevent such avoidable tragedies.

Reasons Behind Andrie Yunus's Refusal of Visit from Military Auditors at RSCM

Military auditors from Oditurat Militer II-07 Jakarta attempted to visit human rights activist Andrie Yunus at RSCM hospital following his acid attack surgery, but the visit was rejected due to his post-operative condition requiring immobility to ensure recovery. The auditors, acting on humanitarian grounds, met instead with hospital management, doctors, and Yunus's legal team to assess the situation for prosecuting the four military perpetrators currently on trial. This incident highlights the ongoing legal proceedings against the assailants and the challenges in gathering direct evidence amid Yunus's recovery.

Used Diesel Car Showroom Admits Sales Beginning to Be Impacted by Solar Prices

The rising prices of diesel fuel, including non-subsidised solar, are starting to affect the used diesel car market in Indonesia, with consumer interest slowing down after previously being popular for their fuel efficiency and durability. Dealers report that middle to lower-income buyers, who favoured models like the Toyota Fortuner and Innova for urban use due to cheaper biosolar, are now reconsidering purchases amid higher operational costs. While upper-middle-class consumers may still opt for diesel vehicles for comfort, overall sales in showrooms have declined since the sharp price hike in May 2026.

Nadiem Makarim Placed Under House Arrest: What He Can and Cannot Do?

Former Indonesian Education Minister Nadiem Anwar Makarim has been transferred to house arrest by the Jakarta Corruption Court following a ruling on his corruption case involving the procurement of Chromebook laptops. He must remain at his residence 24 hours a day, except for medical procedures on 13 May 2026, authorised medical check-ups, and court appearances, with potential electronic monitoring to ensure compliance. This development highlights the ongoing legal proceedings against high-profile figures in Indonesia's anti-corruption efforts.

Official! UK Announces Deployment of Fighter Jets and Warships to the Strait of Hormuz

The United Kingdom has officially announced the deployment of drones, fighter jets, and warships to join a multinational mission aimed at securing shipping lanes in the Strait of Hormuz amid escalating tensions in the Middle East. This defensive operation, involving over 40 countries, seeks to restore confidence in commercial shipping through the vital energy corridor, which handles 20% of global oil and liquefied natural gas supplies, as disruptions have driven up worldwide energy prices. The announcement comes as UK Prime Minister Keir Starmer faces domestic political pressure, with Defence Secretary John Healey affirming support for the leadership while emphasising the need to address urgent economic and security challenges.

Purbaya's Response to Chinese Chamber of Commerce's Complaints to Prabowo

Finance Minister Purbaya Yudhi Sadewa has addressed complaints from the Chinese Chamber of Commerce to President Prabowo Subianto regarding investment barriers in Indonesia, including export proceeds policies for natural resources and proposed increases in mineral royalties and taxes. He emphasised that the government prioritises national interests in resource management and noted that no such increases have been implemented yet, while offering exemptions for certain companies under the DHE SDA policy. Purbaya also highlighted reciprocal concerns about illegal business practices by some Chinese firms in Indonesia, underscoring the two-way nature of bilateral investment relations.

MPR Quiz Contest Participant to Meet Muzani and Gibran

The People's Consultative Assembly (MPR) has invited Josepha Alexandra, a high school student from Pontianak who went viral for protesting unfair judging in the MPR's Four Pillars Quiz Competition, to meet MPR Chairman Ahmad Muzani and Vice President Gibran in Jakarta. The controversy arose when her team was penalised for a correct answer due to perceived unclear articulation, while another team received points for the identical response, prompting public outcry and MPR's public apology. MPR plans to provide detailed clarifications and evaluate the competition's judging mechanisms to ensure transparency and accountability, highlighting efforts to maintain public trust in national educational initiatives.

Indonesia's Car Exports in April 2026: CBU Declines, CKD Rises

Indonesia's automotive exports in April 2026 demonstrated resilience amid a global market slowdown, with completely built-up (CBU) vehicle shipments falling 1.8% month-on-month to 36,207 units, while completely knocked-down (CKD) kits surged 35.4% to 6,819 sets. Automotive component exports dropped sharply by 33.9% from the previous month but grew 18.4% year-on-year, highlighting the sector's adaptability through diversified export strategies. Leading manufacturers like Toyota, Daihatsu, and Mitsubishi dominated CBU shipments, underscoring Indonesia's strengthening position as a regional automotive hub.

PKH-BPNT Phase 2 for 2026 Not Yet Disbursed? Check Status at cekbansos.kemensos.go.id

As of mid-May 2026, many recipients of the Hope Family Programme (PKH) and Non-Cash Food Assistance (BPNT) phase 2 are still awaiting disbursement, despite the programme's second quarter rollout beginning in the third week of April as announced by Social Minister Saifullah Yusuf. Common reasons for delays include unregistered status in the National Social and Economic Single Data (DTSEN), invalid or unverified data, banking issues, phased regional distribution, and administrative technicalities. Beneficiaries can verify their status online via the official Ministry of Social Affairs website or the Cek Bansos app using their National ID Number (NIK), ensuring they receive updates on eligibility and payment progress.

Indonesia Remains in MSCI Emerging Markets Index

Morgan Stanley Capital International (MSCI) has retained Indonesia's status within the emerging markets category, avoiding a potential downgrade to frontier markets. However, the May 2026 global index review resulted in the removal of six Indonesian stocks from the MSCI Global Standard Index, with no new additions, while one stock was added to the small cap index and 13 were removed. These changes, effective from 29 May 2026, highlight ongoing challenges in Indonesia's equity market attractiveness to global investors.

Health Minister Promotes Nutri-Level Labelling to Prevent Chronic Diseases

Indonesian Health Minister Budi Gunadi Sadikin is pushing for the implementation of the Nutri-Level nutrition labelling policy to raise the national life expectancy from 72 to 76 years and healthy life expectancy from 60 to 65 years. This initiative aims to curb non-communicable diseases such as stroke, heart disease, cancer, and kidney failure, which are leading causes of premature death, by controlling consumption of high-sugar, salt, and fat foods and drinks. With diabetes affecting 11.3% of the population or around 30 million people, the policy seeks to mitigate severe complications like kidney failure that impose significant economic burdens on the healthcare system.

Yamaha still studying the electric motorcycle market in Indonesia

PT Yamaha Indonesia Motor Manufacturing (YIMM) is continuing to monitor and analyse the development of the electric motorcycle market in Indonesia, adopting a cautious approach due to the substantial investments required for production and marketing. Currently, the company offers the Yamaha Neo’s electric motorcycle through a business-to-business partnership with Grab Indonesia to provide vehicles for ride-hailing drivers in the Jabodetabek area, aiming to test operations and gauge consumer acceptance. While not yet launching pure electric models for the mass market, Yamaha has introduced hybrid technology options like the Fazio Hybrid-Connected and Grand Filano Hybrid-Connected, alongside improvements in fuel efficiency for its conventional engines.

Gold Prices Plunge Again as New "Phantom" Emerges, Sparking Concern

Gold prices fell 0.43% to US$4,713.65 per troy ounce on Tuesday due to fading hopes of a US-Iran peace deal, which drove up oil prices and heightened inflation fears, potentially keeping global interest rates elevated. Analysts warn of emerging stagflation risks that could prompt central banks like the Federal Reserve to raise rates further, pressuring gold despite its role as an inflation hedge. While some experts remain optimistic about gold's recovery driven by strong fundamentals, market participants await key US inflation data and US-China talks for further direction.

Luhut Reveals Expansion of Indonesia's Social Assistance Using AI: Here's the Programme!

The Indonesian government is advancing the digitalisation of social assistance through the Pro-Kesejahteraan Rakyat (Pro-Kesra) programme, leveraging artificial intelligence to transform aid into an ecosystem that fosters economic independence among recipients. Key figures including Luhut Binsar Pandjaitan, Rini Widyantini, and Rachmat Pambudy outlined how this initiative will enhance governance, streamline services via real-time data verification, and support poverty alleviation by boosting productivity, business empowerment, and workforce capacity. Implementation will occur gradually nationwide, targeting vulnerable groups such as the poor, women, elderly, disaster victims, and people with disabilities, using integrated systems like SIKS and Sapa UMKM.

Yesterday, Soekarno-Hatta Tightens Surveillance Until MRT Phase 2A Operates in 2027

On Tuesday, Indonesia's Soekarno-Hatta International Airport intensified health surveillance on arrivals from four countries due to hantavirus risks, while Finance Minister Purbaya Yudhi Sadewa highlighted EV incentives to curb fuel imports amid high global oil prices. Energy Minister Bahlil Lahadalia assured President Prabowo Subianto of ample national stocks of fuel, LPG, and crude above minimum standards, and Danantara CEO Rosan Roeslani expressed openness to acquiring Eramet's stake in Weda Bay Nickel. Vice President Gibran Rakabuming Raka inspected MRT Phase 2A progress, confirming 59% completion and operations by late 2027 for the HI-Monas route, underscoring government efforts to bolster health security, energy resilience, investment, and urban infrastructure.

Complete list of Pegadaian gold prices rising simultaneously this Wednesday morning

Gold prices at Pegadaian have risen across UBS, Antam, and Galeri24 brands, with per-gram rates increasing to Rp2,887,000, Rp2,960,000, and Rp2,836,000 respectively, from the previous day's figures. This uniform uptick reflects ongoing market trends in precious metals, providing investors with updated pricing for various denominations ranging from 0.5 grams to 1 kilogram. The detailed price list offers transparency for buyers amid fluctuating commodity values in Indonesia's financial landscape.

South Kalimantan Ministry of Law Office Collaborates with 47 Universities to Build Intellectual Property Ecosystem

The South Kalimantan Regional Office of the Ministry of Law has partnered with 47 universities in the province to establish a robust and sustainable intellectual property (IP) ecosystem, focusing on protecting innovations from academia and linking research to industry needs. This collaboration includes strengthening IP Centres on campuses for registering copyrights, patents, and trademarks, as well as enhancing legal services through student internships at Pos Bantuan Hukum outposts across villages. The initiative, supported by the provincial governor, also involves granting communal IP certificates to preserve traditional cultural heritage, such as local music and crafts, underscoring the government's commitment to innovation, legal protection, and cultural safeguarding in the region.

US Spends Rp508 Trillion on War Against Iran, Up from Initial Report

The Pentagon has revised its estimate of US spending on the war against Iran to $29 billion (Rp508 trillion), an increase of $4 billion from the previously reported $25 billion, as revealed during a Capitol Hill budget hearing. Democratic lawmakers questioned the calculations, suggesting actual costs including Iranian attack damages could be higher, while Defence Secretary Pete Hegseth avoided providing timelines for a full report or damage estimates, emphasising the greater risks of a nuclear-armed Iran. This escalation highlights ongoing congressional scrutiny over the financial and strategic implications of the conflict.

Chain Reaction of Cerdas Cermat Controversy: MPR Apologises, Jury and MC Deactivated

The controversy surrounding the judging of the Cerdas Cermat Competition on the Four Pillars of the MPR RI 2026 at the West Kalimantan provincial level has prompted the MPR leadership to issue a public apology and deactivate the jury and MC involved due to biased scoring and inappropriate comments. Deputy Speaker Abcandra Muhammad Akbar Supratman announced a full evaluation of the judging system, while the MC, Shindy Lutfiana, also apologised for her remarks that dismissed participants' protests. DPR members, including Chair of Commission X Hetifah Sjaifudian and Deputy Speaker Cucun Ahmad Syamsurizal, have called for a re-run of the competition and competent jury selection to restore public trust in the MPR's educational initiatives.

Blok M Parking Vendor to Be Re-Tendered, Prosecutor's Office Asked to Supervise to Prevent 'Hand-Me-Downs'

The Special Committee on Parking of the DKI Jakarta DPRD has announced that the current temporary management of parking in the Blok M area by the city's Transportation Department's Parking Management Unit will last only about two months, after which a new vendor will be selected through a transparent digital-based tender process. To ensure no rigging or 'titipan' practices occur, the committee is requesting oversight from the Jakarta High Prosecutor's Office, emphasizing strict eligibility criteria to select a competent operator. This move addresses past issues where only around 60% of the estimated Rp3 billion monthly revenue was reported, potentially leading to Rp50 billion in state losses over 15 years, with real-time monitoring systems planned for future accountability.

Former Education Minister Nadiem Faces Prosecution Hearing in Chromebook Corruption Case Today

Former Indonesian Education Minister Nadiem Makarim is scheduled for a prosecution hearing today in a high-profile corruption case involving the procurement of Chromebook laptops during his tenure, which allegedly caused a state loss of Rp 2.1 trillion. The charges stem from overpriced laptops worth Rp 1.5 trillion and unnecessary purchases of CDM equipment valued at Rp 621 billion. Three other defendants have already been convicted with prison sentences ranging from four to four and a half years, while Nadiem's former special staff remains a fugitive.

MSCI Removes Several Indonesian Palm Oil Issuers, Vegetable-Based Energy Projects Become Sentiment

Morgan Stanley Capital International (MSCI) has removed several Indonesian palm oil companies, including PT Astra Agro Lestari Tbk, PT Dharma Satya Nusantara Tbk, PT Sawit Sumbermas Sarana Tbk, and PT Triputra Agro Persada Tbk, from its latest Indonesia Index review, signalling new challenges for the national palm oil industry beyond commodity prices and business expansion. This decision highlights growing global investor scrutiny on corporate governance, transparency, free float, trading liquidity, and sustainability standards, amid Indonesia's efforts to strengthen its position as the world's largest palm oil producer and promote downstream industrialisation. The development underscores the need for palm oil emitters to enhance market credibility and investor confidence to secure long-term financing and navigate increasing ESG pressures in international markets.

Illegal Parking Proliferates, the Culprit Behind Jakarta's Revenue Leakage

The Jakarta City Council (DPRD) has highlighted the rampant issue of illegal parking in the capital, describing it as a serious emergency that is causing significant revenue losses for the provincial government. In areas like Blok M, unauthorised parking operators are collecting fees without permits, depriving the city of an estimated Rp 3 billion monthly that could fund public services such as transportation, education, and health. Officials urge the Transportation Department to enforce stricter crackdowns and improve oversight to ensure professional and accountable parking management, enhancing urban order and safety.

Ancol Tourist Boat Receives Small E-Pass, What Are the Benefits for Tourists?

Tourist boats operating in Ancol, North Jakarta, have received the Small E-Pass (E-Pas Kecil), a sailing fitness certificate, marking a key step in ensuring maritime tourism operations meet safety and regulatory standards. Issued by the Tanjung Priok Port Authority under the Ministry of Transportation, this permit enhances visitor safety through added life jackets and provides legal proof for vessels under 7 GT, potentially aiding business financing. The development is expected to boost tourist comfort and confidence in Ancol's sea excursions, priced from Rp 20,000 per person per trip.

Traffic Corps Prepares Enforcement Strategy for Zero ODOL 2027

The Indonesian National Police's Traffic Corps is developing strategic measures to enforce regulations against over-dimension and overload (ODOL) vehicles as part of the Zero ODOL 2027 programme. Led by Chief Agus Suryonugroho, the initiative involves multi-sector collaboration, education for businesses, and coordination with ministries to ensure effective implementation without resistance. This effort aims to protect road infrastructure, reduce traffic accidents, and promote orderly traffic culture across Indonesia.

When Judges Split in Ibrahim Arief's Verdict: Found Guilty, but Deemed Without Malicious Intent

The Jakarta Corruption Court has sentenced former Ministry of Education, Culture, Research, and Technology technology consultant Ibrahim Arief, alias Ibam, to four years in prison and a fine of Rp500 million for his role in the alleged corruption of a multi-trillion rupiah Chromebook procurement project during the Covid-19 pandemic. However, the ruling was not unanimous, with two judges issuing dissenting opinions, arguing that Ibam lacked malicious intent and authority over the procurement decisions. This verdict highlights tensions in adjudicating corruption cases tied to emergency educational initiatives, potentially influencing future prosecutions in similar scandals.

US Inflation Hits 3.8%, Highest Since May 2023

US consumer price inflation surged to 3.8% year-on-year in April 2026, the highest level since May 2023, driven primarily by a sharp 3.8% rise in energy prices that contributed over 40% to the overall increase. Core CPI, excluding food and energy, climbed to 2.8% annually, remaining well above the Federal Reserve's 2% target and prompting concerns about sustained inflationary pressures on the economy. Food prices also rose by 0.5% monthly, with gasoline index jumping 28.4% year-on-year, underscoring vulnerabilities in key sectors.

Outrage Over War Between Two Muslim Countries, 372 People Dead

At least 372 Afghan civilians have been killed in the first three months of 2026 amid escalating cross-border conflict with Pakistan, marking the highest death toll recorded by the UN since 2011. The violence, primarily from Pakistani airstrikes including a major attack on a drug rehabilitation facility in Kabul, stems from accusations that the Taliban government is harbouring Pakistani militants responsible for attacks on Pakistan. This open war between the two Muslim nations highlights deepening regional instability since the Taliban's 2021 takeover, with the UN warning that actual casualties may be significantly higher.

Increasing Heat in Bir Ali Prompts Elderly and Disabled Pilgrims to Perform Miqat Inside Buses

With temperatures in Madinah reaching 40-41 degrees Celsius, Indonesian Hajj officials are advising elderly and disabled pilgrims to perform their miqat (intention for ihram) inside buses at Masjid Dzulhulaifah to avoid the intense heat. This measure ensures the ritual's validity while protecting vulnerable groups, as wearing masks outdoors could invalidate it. The smooth operation of pilgrim transport has garnered appreciation from Saudi officials, highlighting effective coordination by Indonesian Hajj teams.

Civil Coalition Urges Home Affairs Ministry to Collect Domestic Worker Data Down to RT and Village Levels

A civil coalition, represented by Institut Sarinah, has pressed the Ministry of Home Affairs to initiate data collection on domestic workers (PRTs) as part of implementing the Domestic Workers Protection Act (UU PPRT), emphasising the need to integrate them into the national system for effective protection. The coalition proposes a circular from the ministry to facilitate data gathering at RT/RW and village levels, highlighting limitations in urban elite areas and the critical role of care work in economic and social welfare. This initiative aims to strengthen inter-ministerial coordination to ensure tangible protections reach millions of domestic workers across Indonesia.

Rice Fields that Safeguard the Nation

East Java's rice production reached 10.44 million tonnes of dried milled paddy in 2025, marking a 12.6% increase from the previous year, solidifying its role as Indonesia's national food granary amid climate challenges and land conversion pressures. Innovations such as modern farming machinery, climate-adaptive planting, and short-duration rice varieties have driven this growth, enabling more frequent harvests on limited land. However, the uneven access to technology among farmers risks widening inequalities, threatening the sustainability of agriculture as a viable livelihood for future generations.

MSCI Cuts Indonesian Mining and Energy Issuers, Downstreaming Sentiment Poses Challenge

Morgan Stanley Capital International (MSCI) has removed several key Indonesian resource-based companies, including those in mining, energy, and agribusiness, from its latest Indonesia Index review, raising concerns about global perceptions of the sector's investability. This shift highlights investor focus on governance, transparency, free float, and liquidity amid Indonesia's aggressive downstreaming policies aimed at boosting domestic value through smelter projects and electric vehicle ecosystems. The decision could reduce passive global fund inflows, impact share prices, and hinder long-term financing for critical infrastructure, while MSCI maintains a freeze on Indonesia's status pending further evaluation of market accessibility.

Indonesia Hit by Two Major Storms: MSCI Removes 18 Stocks and US Inflation Heats Up

Indonesia's stock market faces significant pressure from MSCI's semi-annual index review, which removed 18 Indonesian stocks, including six big-cap firms like AMMN and BREN, effective from late May 2026, potentially triggering foreign fund outflows and heightened volatility. Concurrently, escalating US-Iran tensions, as highlighted by President Trump's rejection of Tehran's proposals, have driven oil prices to $102.18 per barrel for WTI and $107.77 for Brent, exacerbating US inflation to 3.8% annually in April—the highest since May 2023—and raising concerns over consumer spending and global economic stability. This dual impact underscores vulnerabilities in emerging markets like Indonesia amid geopolitical risks and inflationary pressures.

Wednesday: Samsat Keliling services available in 14 Jadetabek areas

The Subdirectorate of Registration and Identification under the Directorate of Traffic of Polda Metro Jaya is providing Samsat Keliling services across 14 locations in the Jakarta, Depok, Tangerang, and Bekasi (Jadetabek) regions on Wednesday. These mobile services facilitate annual STNK validation, motor vehicle tax (PKB) payments, and mandatory traffic accident fund contributions (SWDKLLJ), aimed at enhancing accessibility for the public without needing to visit central offices. Residents must bring original and photocopied KTP, BPKB, and STNK, with no outstanding taxes exceeding one year, though five-year renewals and number plate changes require visits to nearest Samsat offices.

Financial Report - Business Insight: INA Posts 53.85% Net Profit Surge for 2025 While Danantara Delays Transparency

Indonesia Investment Authority (INA) has released its audited 2025 financial report, revealing a 53.85% year-on-year increase in net profit to Rp7.52 trillion, driven by a 42.98% revenue growth to Rp8.45 trillion, maintaining its track record of annual transparency since 2021. In contrast, the newer Badan Pengelola Investasi Daya Anagata Nusantara (BPI Danantara), launched by President Prabowo Subianto in February 2025, has yet to publish its 2025 report despite public announcements of major investments, including a $4 billion joint fund with Qatar Investment Authority and Rp50 trillion in Patriot Bonds. This delay raises concerns over transparency in managing strategic investments in sectors like downstreaming, health, and renewable energy, underscoring the need for accountability in Indonesia's sovereign wealth funds.

Illegal Parking in Depok's Margonda, Prepare for Deflated Tyres or Towing

The Depok Transportation Agency has warned that it will strictly enforce actions against vehicles parking illegally or stopping haphazardly along Jalan Margonda to ensure smooth traffic flow and restore pavements for pedestrians. Officials urge the public to use designated parking spots, emphasising that pavements are exclusively for foot traffic, with penalties including deflating tyres, locking wheels, or towing for non-compliance. This measure extends to public transport like angkots that stop irregularly, addressing disruptions to vehicle movement and pedestrian safety.

Coordinating Minister AHY: Land Subsidence and Tidal Floods Threaten Tens of Millions of North Coast Residents

In a meeting with the President, Coordinating Minister for Infrastructure Agus Harimurti Yudhoyono (AHY) highlighted the severe threats of land subsidence and tidal flooding to tens of millions of residents along Java's North Coast, where key industrial centres and special economic zones are located. The government plans to construct a 575-kilometre giant sea wall not only to protect coastal areas but also to foster new economic growth hubs. Minister of Investment Rosan Perkasa Roeslani noted that the master plan is being refined to enhance investment and regional development, potentially creating new economic focal points beyond Jakarta.

Former PIS Director Sentenced to 6 Years in Prison in Crude Oil Corruption Case

A Jakarta anti-corruption court has sentenced Arief Sukmara, former Director of Gas, Petrochemicals, and New Business at PT Pertamina International Shipping, to six years in prison for his role in a corruption scheme involving crude oil and refinery products, causing state losses of US$2.73 billion and Rp25.44 trillion. The illegal actions spanned three stages: procurement of fuel terminal leases by Pertamina, government compensation for special assignment fuel (JBKP) RON 90 to PT Pertamina Patra Niaga in 2022-2023, and sales of non-subsidised diesel to the same company in 2020-2021. Five other executives involved received sentences ranging from four to five years, alongside fines of Rp1 billion each, highlighting ongoing efforts to combat corruption in Indonesia's state-owned energy sector.

Dahnil: 24 Hajj Pilgrims Pass Away, a Sharp Decline Compared to the Same Period Last Year

Indonesia's Deputy Minister for Hajj, Dahnil Anzar Simanjuntak, reported that only 24 Indonesian Hajj pilgrims have passed away so far this year, a significant drop from 46-48 at the same point last year and well below the total of around 460 for the entire previous season. The government attributes this improvement to stricter health screenings and monitoring from the outset of the pilgrimage, with hopes that the number will remain low or even reach zero. Saudi Arabia has also committed to reducing pilgrim mortality rates in the Holy Land, highlighting collaborative efforts to enhance safety during the Hajj.

Jember DPRD Member Goes Viral for Smoking During Meeting, Gerindra Responds

A member of Jember's DPRD, A. Syahri Assidiqi, has sparked controversy after a video went viral showing him playing a game and smoking during a hearing on critical health issues like measles, maternal and infant mortality, and stunting. DPRD Chairman Ahmad Halim apologised on behalf of the council and confirmed that Assidiqi will face strict institutional sanctions from the Honour Board and disciplinary action from his Gerindra party, as he is a new member lacking proper cadre training. This incident highlights concerns over legislative discipline and public accountability in local governance.

BI Confident Rupiah Exchange Rate Will Soon Return to Fundamental Levels

Bank Indonesia's Senior Deputy Governor Destry Damayanti expressed confidence that the rupiah will soon revert to its fundamental levels amid seasonal pressures, supported by inflows of foreign capital into government securities and adequate foreign exchange liquidity. Economic growth and a 10.9 per cent year-to-date increase in third-party funds as of March 2026 are expected to accelerate this strengthening, with BI committing to active market interventions using monetary tools. Finance Ministry official Purbaya Yudha indicated that the government will assist through the Bond Stabilization Fund to attract foreign investment and stabilise bond yields, utilising surplus budget funds.

On Wednesday morning, Jakarta's air quality ranks third worst in the world

Jakarta's air quality reached an unhealthy level on Wednesday morning, ranking third globally with an AQI of 158 and PM2.5 concentration of 65 micrograms per cubic metre, posing risks to sensitive groups and prompting recommendations to avoid outdoor activities and use masks. The DKI Jakarta Provincial Government is preparing rapid responses for the upcoming dry season, including enhanced air quality monitoring, vehicle emission testing, and evaluation of the Air Pollution Control Strategy (SPPU), emphasising the need for integrated cross-regional collaboration to address pollution effectively. This highlights ongoing environmental challenges in the capital and the importance of coordinated policy measures for public health protection.

Dahnil Reveals Significant Drop in Illegal Hajj Pilgrims: Already 1,200 Last Year

Deputy Minister for Hajj and Umrah, Dahnil Anzar Simanjuntak, has announced a significant decline in illegal Hajj pilgrims for the 2026 season compared to the previous year, attributing it to robust law enforcement and widespread monitoring by the government. On day 22 of Hajj operations this year, authorities prevented 80 Indonesians from departing non-procedurally, a stark contrast to the 1,200 illegal cases identified at the same point last year. This reduction is credited to stringent legal actions that have created a deterrent effect among potential violators.

Full MSCI Results! 18 Indonesian Stocks Removed from Index, Here's the List

Morgan Stanley Capital International (MSCI) has announced the results of its May 2026 global index review, removing six Indonesian stocks from the MSCI Global Standard Index and adding none, while also excluding 13 stocks from the MSCI Global Small Cap Index despite adding one. The affected companies include prominent names like PT Amman Mineral Internasional Tbk (AMMN) and PT Barito Renewables Energy Tbk (BREN) from the standard index, and PT Aneka Tambang Tbk (ANTM) among others from the small cap index. This development coincides with a sharp decline in the Composite Stock Price Index (IHSG), which fell 1.43% to 6,807.13, highlighting ongoing volatility in Indonesia's equity markets.

MSCI May 2026 Rebalancing: Shares from Prajogo Pangestu to AMMN Removed

Morgan Stanley Capital International (MSCI) has announced the results of its periodic index review for May 2026, removing six Indonesian stocks—PT Amman Mineral Internasional Tbk (AMMN), PT Barito Renewables Energy Tbk (BREN), PT Chandra Asri Pacific Tbk (TPIA), PT Dian Swastatika Sentosa Tbk (DSSA), PT Petrindo Jaya Kreasi Tbk (CUAN), and PT Sumber Alfaria Trijaya Tbk (AMRT)—from the MSCI Global Standard Indexes. While AMRT is shifted to the MSCI Small Cap Indexes, nine additional stocks, including PT Bumi Serpong Damai Tbk (BSDE) and PT Mitra Keluarga Tbk (MIKA), are also being excluded. These changes, effective from 1 June 2026, could influence investor sentiment and trading volumes in the Indonesian stock market, highlighting ongoing adjustments in global index compositions.

Trump Boasts He Doesn't Need China Despite US Struggles to End Iran War

US President Donald Trump has asserted that America does not require China's assistance to resolve the ongoing conflict with Iran, even as hopes for a permanent peace deal fade and Tehran's grip on the vital Strait of Hormuz strengthens. This statement precedes Trump's key meeting with Chinese President Xi Jinping in Beijing, amid stalled diplomacy, escalating military costs exceeding $29 billion, and rising domestic inflation pressuring the US economy. The conflict's unpopularity among Americans, particularly ahead of congressional elections, underscores the political risks for Trump's Republican Party, while Iran demands compensation and an end to blockades in exchange for nuclear concessions.

Hotels in Mataram Yet to Be Impacted by Airfare Price Increases

The Association of Hotels in Mataram (AHM) has reported that recent airfare hikes have not significantly affected hotel occupancy rates in the area, which remain steady at 30-40% during weekdays and up to 60% on weekends. Local tourism, primarily from domestic visitors using ground transportation, has mitigated the impact, with occupancy expected to rise notably in July due to the NTB Provincial Sports Week event requiring thousands of rooms. This comes amid a government-approved 9-13% increase in airfares driven by global aviation fuel price surges influenced by geopolitical tensions.

Hajj Dam Payment Can Be Done via Mobile Phone: Here's How

The National Zakat Agency (Baznas) of Indonesia has partnered with Bank Syariah Indonesia (BSI) to introduce features for sacrificial offerings (qurban) and Hajj dam payments on the BYOND by BSI mobile app, simplifying religious obligations for the public. This digital initiative aims to enhance accessibility, transparency, and participation while supporting the "Kurban Berkah Berdayakan Desa" campaign, which empowers local breeders and bolsters village economies. The collaboration reflects broader efforts to integrate Islamic finance with community development through technology.

Special Bracelet for Nadiem After Becoming House Detainee

Former Minister of Education, Culture, Research, and Technology Nadiem Anwar Makarim has been granted house arrest by the Jakarta Corruption Court, replacing his detention in Salemba State Detention Centre, effective from 12 May 2026, primarily due to health considerations. The Attorney General's Office has fitted him with an electronic monitoring bracelet and will enforce strict surveillance, including 24/7 confinement and coordination with security forces, with any violations leading to a return to prison. Nadiem expressed gratitude for the humane decision, highlighting the balance between legal accountability and personal welfare in high-profile corruption cases.

DKI Yesterday: Warehouse Fire to Kitafest 2026 Event

Key events in Jakarta on Tuesday included a warehouse fire in West Jakarta caused by exploding chemical and gas bottles, an investigation into illegal parking in Blok M, and 59.7% progress on MRT Phase 2A construction from Bundaran HI to Kota Tua. Governor Pramono Anung Wibowo confirmed stable sacrificial animal prices ahead of Eid al-Adha and highlighted the Kitafest 2026 event to enhance traffic safety among students. These developments reflect ongoing urban management, infrastructure advancements, and public safety initiatives in the capital.

Constitutional Court Rejects Challenge to IKN Law, Affirms Jakarta Remains the National Capital

The Constitutional Court (MK) has rejected a judicial review of the Capital City Law (UU IKN), ruling that Jakarta continues to serve as Indonesia's national capital until a presidential decree formally relocates it to Nusantara. The court clarified that the provisions in the Jakarta Special Region Law (UU DKJ) do not immediately strip Jakarta of its status, addressing concerns over a potential constitutional vacuum in governmental functions. This decision underscores the structured legal process for the capital's relocation, ensuring continuity in state administration amid ongoing infrastructure developments in the new capital.

Rupiah Weakens, Its Impact on the Indonesian Capital Market

The Indonesian rupiah weakened to Rp17,529 per US dollar on Tuesday, with forecasts suggesting it could approach Rp18,000, putting pressure on banking and consumer goods stocks in the Indonesia Stock Exchange due to higher import costs and foreign debt burdens. Market observers note that sectors reliant on dollar-denominated debt and imports, such as consumer goods, face squeezed margins and increased interest expenses, while export-oriented industries like coal, crude palm oil, and nickel stand to benefit from higher rupiah-converted revenues. Additionally, banking stocks may experience heightened volatility as foreign investors rebalance portfolios amid currency risks.

Jakarta's Parking Emergency: Limited Land Turns Sidewalks and Roads into Victims

Jakarta is grappling with a severe shortage of parking spaces, leading to widespread illegal parking that encroaches on sidewalks, cycle lanes, and road shoulders, exacerbating traffic congestion in busy areas like restaurants, markets, and malls. This issue stems from insufficient parking facilities in high-rise buildings, government offices, and commercial venues, forcing vehicles to occupy pedestrian and cycling paths, as highlighted in examples from Jatinegara Fish Market and Plaza Indonesia. The problem not only disrupts urban mobility but also undermines recent infrastructure revitalisation efforts, underscoring the need for better urban planning to accommodate the city's growing vehicle numbers.

Four Years of TPKS Law, Komnas Highlights Surge in Sexual Violence Cases

The National Commission on Violence Against Women (Komnas Perempuan) has reported a dramatic over 360% increase in sexual violence cases, from 6,315 in 2022 to 22,848 in 2025, despite the Sexual Violence Crime Law (UU TPKS) being in effect for four years. This surge serves as a serious warning that the nine mandated prevention areas under the law are largely being neglected by stakeholders, with repeated viral cases indicating insufficient efforts in education and public facilities. Komnas Perempuan is urging accelerated harmonisation of derivative regulations, enhanced capacity for law enforcement, stronger budgetary support and infrastructure for victims, and bolstering the role of local integrated service units for women and children protection.

State's Stance on Controversy Surrounding "Pesta Babi" Film Screenings: Bans Cannot Be Unilateral

The documentary film "Pesta Babi" by Dandhy Dwi Laksono, which highlights land conflicts, indigenous communities, and the involvement of authorities in Indonesia's national strategic projects (PSN) in Papua, has faced disruptions and bans during public screenings in various regions, including Ternate and the University of Mataram. Reasons for the prohibitions range from permit issues to the film's perceived provocative content, which metaphorically addresses the threat to indigenous cultural identities like the Muyu people's Awon Atatbon tradition due to large-scale bioethanol and food security projects. Human Rights Minister Natalius Pigai has stated that such bans are only permissible through court decisions under the law, emphasising that unauthorised parties cannot prohibit public screenings and that films, as human creations, must be respected.

Ignasius Jonan Resigns from Position as Independent Commissioner of United Tractors (UNTR)

Ignasius Jonan, former Minister of Energy and Mineral Resources, has resigned from his role as Independent Commissioner at PT United Tractors Tbk (UNTR), with the resignation accepted on 8 May 2026 and announced via the Indonesia Stock Exchange. The company states that this change will not materially impact its operations, finances, or business continuity, following a major board and management reshuffle at the 2026 Annual General Meeting of Shareholders. This reshuffle saw Frans Kesuma transition from President Director to President Commissioner, with Iwan Hadiantoro appointed as the new President Director, aiming to strengthen oversight and leadership in the heavy equipment and mining sector.

Trump Asserts No Need for China's Help to End War with Iran

US President Donald Trump has stated that he does not require assistance from Chinese President Xi Jinping to resolve the ongoing conflict with Iran, which began two and a half months ago with a major US-Israel attack and has led to a stalemate over control of the Strait of Hormuz shipping route. Despite China's role as Iran's primary economic partner, purchasing much of its oil production and providing diplomatic support, Trump emphasised that the US is already managing the situation effectively and will either negotiate a deal or destroy Iran. Trump described Xi as a friend and noted that China benefits from the region's oil without causing issues for the US.

Escalating War: Saudi Arabia Secretly Launches Direct Attack on Iranian Territory

In a significant escalation of the Middle East conflict, Saudi Arabia has reportedly conducted a covert military strike on Iranian soil in late March, marking the first direct operation against its regional rival in response to Iranian missile and drone attacks. This aggressive shift in Riyadh's stance, alongside similar actions by the UAE, highlights the broadening involvement of Gulf states in the Iran-US-Israel war, which has disrupted global energy trade through the closure of the Strait of Hormuz. Despite the retaliation, both Saudi Arabia and Iran have engaged in diplomatic efforts to de-escalate, leading to an informal agreement to reduce tensions and prevent a full regional war, underscoring mutual interests in maintaining stability.

Police Urged to Be More Aggressive in Cracking Down on Online Gambling Networks

Indonesian police have been praised for their sophisticated detection in raiding an international online gambling network's office in Jakarta's Hayam Wuruk Plaza Tower, leading to the arrest of hundreds of foreign nationals operating 75 sites. However, PB Al Jam’iyatul Washliyah Chairman KH Masyhuril Khamis has called for more proactive enforcement actions and stricter immigration checks to disrupt these digital crimes effectively. He emphasised that while detection capabilities are advanced, the key issue lies in timely follow-up measures, advocating penalties beyond mere deportation for involved foreigners.

Defeated in War, Trump Lashes Out at US Media

US President Donald Trump has accused American media outlets of treason for reporting on the failures of US efforts to pressure Iran through recent attacks, claiming they are colluding with the enemy and giving false hope to Tehran. Facing domestic pressure from war-related inflation, Trump promised a rapid drop in fuel prices and a stock market surge once the conflict ends, while asserting that the US will prevail against Iran without needing assistance from China. This outburst highlights the intensifying political scrutiny on Trump's decision to wage war on Iran, which has disrupted global energy markets and economic stability.

Today, It's Nadiem Makarim's Turn to Face Prosecution in the Chromebook Case Trial

The corruption trial involving the procurement of Chromebook laptops has advanced to the stage where prosecutors will present their demands against former Minister of Education, Culture, Research, and Technology Nadiem Makarim on 13 May 2026. The court is accommodating Makarim's health issues, including an upcoming surgery, by potentially delaying subsequent proceedings until early June, though he has expressed a desire for the trial to proceed without interruption. The case alleges that Makarim and three co-defendants caused a state financial loss of Rp 2.1 trillion, with Makarim accused of personally enriching himself by Rp 809 billion from investments linked to Google and Gojek.

Responding to Menag on Not All Gifts Being Gratuity, MUI Deputy Chairman: Opens Door to Bribery

Deputy Chairman of the Indonesian Ulema Council (MUI), Anwar Abbas, has cautioned public officials to be wary of accepting gifts related to their positions, as they could lead to bribery practices prohibited by both religion and state law. This statement responds to Religious Affairs Minister Nasaruddin Umar's view that not all gifts constitute gratuity, drawing from the example of Prophet Muhammad. Abbas emphasised that while giving in Islam is permissible, it becomes forbidden if it induces prohibited acts like bribery, citing Islamic hadiths that curse both givers and receivers of bribes.

Xi recalls ping-pong diplomacy, calls for stability in China-US relations

In a letter marking the 55th anniversary of the China-US ping-pong diplomacy in 1971, President Xi Jinping highlighted its enduring significance as a reminder of how stable bilateral ties can profoundly impact the global order. Drawing on traditional Chinese concepts, Xi urged cooperation on shared challenges like climate change, drug eradication, and artificial intelligence, echoing sentiments shared with former US officials including Antony Blinken and Donald Trump. As both nations prepare for major international summits and domestic milestones in 2026, experts emphasise that stable China-US relations are crucial for global stability, prosperity, and addressing pressing geopolitical issues.

Bank Indonesia Hosts CJIBF 2026 to Attract Investors and Strengthen Central Java SMEs

Bank Indonesia's Central Java branch is organising the Central Java Indonesia Business Forum (CJIBF) 2026 alongside the UMKM Grande event to draw investors and bolster local small and medium enterprises (SMEs). The forum aims to connect businesses with investment opportunities, while UMKM Grande will promote Central Java SMEs to global markets, fostering economic growth in the region. Held at PO Hotel Semarang and Atrium Mall Paragon Semarang, these initiatives highlight BI's commitment to enhancing economic resilience and supporting regional development.

MSCI Announces Results of Global Index Review, Amman Mineral to Barito Renewables Removed

MSCI has announced changes to its Global Standard Indexes effective 29 May 2026, with no new Indonesian stocks added to the MSCI Indonesia Index and six companies, including Amman Mineral International and Barito Renewables Energy, being removed. In the MSCI Global Small Cap Indexes, one Indonesian stock enters while 13 exit, reflecting ongoing market reforms by Indonesia's Financial Services Authority (OJK). OJK Chair Friderica Widyasari Dewi views these adjustments as short-term pain from integrity reforms that will yield long-term gains, emphasising improvements in market transparency and investor base to maintain Indonesia's emerging market status.

DEN Reveals Details of New Subsidised Fuel Restriction Scheme

The Indonesian government is preparing a new scheme to make the distribution of subsidised fuel more targeted, including restrictions on purchases of Pertalite and subsidised diesel (Biosolar) based on vehicle type and engine capacity, which could save 10-15% of the total subsidised fuel volume. Additionally, the 3 kg LPG subsidy will shift from a commodity-based to a beneficiary-based model using poverty alleviation and social welfare data, aiming for further savings. These measures are complemented by efforts to enhance energy efficiency through transport electrification, public transport development, industrial energy audits, and optimising domestic coal and gas supplies while increasing biodiesel use to reduce diesel imports.

From Hate Speech to the Courtroom, Fatia Maulidiyanti Fearlessly Defends Human Rights

Human rights activist Fatia Maulidiyanti has faced severe backlash, including hate speech and criminal charges, for publicly criticising the involvement of officials in illegal mining practices in Papua through her research and a podcast. Despite being prosecuted and facing a 3.5-year prison sentence in Jakarta East District Court in 2023, she and co-host Haris Azhar were cleared of all charges in early 2024. Her case highlights the challenges and risks faced by activists in Indonesia when addressing sensitive issues of government accountability and human rights abuses.

Danantara Addresses Rumours of Acquiring Eramet's Shares in Weda Bay Nickel

Danantara Indonesia's CEO, Rosan Roeslani, has expressed openness to discussing the potential acquisition of French company Eramet's shares in PT Weda Bay Nickel in North Maluku, positioning Danantara as a strong local partner for strategic investments. While talks remain in the early stages with no final decisions made, this follows prior collaborations between Danantara, the Indonesia Investment Authority, and Eramet aimed at developing a sustainable nickel ecosystem for electric vehicle batteries. The initiative underscores Indonesia's efforts to strengthen national control over key mining projects and enhance its position in the global EV supply chain.

What issues will dominate the Trump-Xi summit, and who has the upper hand?

The upcoming summit between US President Donald Trump and Chinese President Xi Jinping in Beijing will be dominated by the ongoing Iran war, which threatens global energy security, and the persistent tensions over Taiwan, amid broader issues like technology restrictions and trade frictions. Analysts expect limited breakthroughs, with the US seeking to leverage China's reliance on Middle Eastern oil to gain cooperation on stabilising the Strait of Hormuz, while Beijing prioritises maintaining ties with Iran and views Taiwan as a core interest. Despite speculation of transactional bargaining, expectations for a meaningful reset in Sino-US relations remain tempered due to fundamental strategic differences.

Protecting Jakarta from the Shadow of Drugs Amid Social Conflicts

The Jakarta Regional Office of the Ministry of Law and Human Rights is enhancing collaboration with the National Narcotics Agency (BNNP DKI Jakarta) through the Reconciliation and Peace Village Programme (Kampung REDAM) to address social conflicts exacerbated by drug abuse. Following community dialogues in Manggarai, identified as a pilot project since 2025, the initiative proposes rehabilitation outreach, legal certainty for voluntary rehabilitants, and voluntary drug testing, with plans to expand to seven other sub-districts in 2026. This multi-sectoral approach, emphasising human rights perspectives, complements Governor Pramono Anung's plan to utilise public health centres for rehabilitating drug users as victims, excluding dealers.

Measuring the Competitiveness of Investment in Indonesia's Oil and Gas Sector

The Indonesian Petroleum Association (IPA) has conducted a benchmarking study comparing Indonesia's upstream oil and gas investment climate with seven other major producers, including the US, Angola, and Australia, to enhance its attractiveness amid global energy competition and declining domestic production. The study identifies five key pillars—legal certainty, ease of doing business, commercialisation, adaptive fiscal incentives, and energy transition—as essential for boosting investment, which is crucial given that current oil lifting meets only a third of daily fuel consumption needs. Strengthening these areas is expected to drive economic growth through job creation and industry support, with the upcoming 50th IPA Convex event serving as a platform to align government policies with global investor expectations.

Holiday 14-15 May 2026: Stock, Mutual Fund, Digital Gold, and ST016 Transaction Processes

The Indonesia Stock Exchange (BEI) will be closed on 14-15 May 2026 for Ascension Day and the following collective leave, halting stock trading and mutual fund NAV calculations, with settlements and redemptions adjusted to subsequent trading days. Investors can still conduct digital gold transactions 24/7 via Bareksa and place online orders for the government's ST016 retail sukuk during the offering period, unaffected by the holiday. This scheduling ensures continuity in certain investment activities amid public holidays, supporting investor planning in Indonesia's financial markets.

Polish Ambassador Confident in Growing Economic Cooperation with Indonesia

The Polish Ambassador to Indonesia, Barbara Szymanowska, expressed optimism about the increasing trade, investment, and business ties between the two nations, noting rising interest in Polish products in Indonesia and the growing popularity of Indonesian coffee in Poland. Speaking at the commemoration of the 235th anniversary of the 3 May 1791 Constitution in Jakarta, she highlighted the importance of upholding UN Charter principles amid global challenges and praised joint participation in UN peacekeeping missions, such as UNIFIL in Lebanon. The event underscored shared values of sovereignty and independence, contributing to Poland's status as a successful European economy and a special partner for Indonesia.

China Chamber of Commerce Writes to Prabowo, Protests Strict Regulations, Royalty Burdens, and SDA Export Proceeds

The China Chamber of Commerce has sent a letter to President Prabowo Subianto highlighting multiple grievances regarding Indonesia's investment climate, including stringent regulations, repeated increases in mineral royalties, and excessive enforcement that are eroding investor confidence. Key concerns involve the Ministry of Energy and Mineral Resources' plans to alter royalty schemes and nickel ore pricing formulas, which could raise production costs by up to 200% and disrupt downstream industries like electric vehicles and stainless steel. Additionally, policies on export proceeds (DHE SDA) and nickel ore quotas are seen as threats to company liquidity and long-term operations, potentially impacting over 400,000 jobs and global trust in Indonesia's nickel sector.

Novah Ship to Boost CDIA's Growth - Investor Daily

PT Chandra Daya Investasi Tbk (CDIA) has introduced the Novah, a 9,000 DWT liquid chemical logistics vessel, which made its maiden docking at PT Chandra Pelabuhan Nusantara's pier, aiming to enhance the company's logistics capabilities and drive future revenue growth. The vessel, built in partnership with Japan's Usuki Shipyard, is designed to efficiently distribute industrial products, including feedstock and chemicals like pyrolysis gasoline, MTBE, and caustic soda, primarily supporting Chandra Asri's operations while offering potential for regional trade in Southeast Asia. CDIA reported a 19% year-on-year increase in net revenue to US$41.2 million in the first quarter of 2026, underscoring the strategic importance of fleet expansion in bolstering the company's performance within the broader petrochemical logistics sector.

Judge Mulyono expresses dissenting opinion in Pertamina crude oil case

In a corruption case involving the management of crude oil and refinery products at PT Pertamina from 2013 to 2024, Judge Mulyono Dwi Putranto issued a dissenting opinion, arguing that the defendants' actions were legitimate strategic business decisions to ensure national fuel supply security, and that the alleged state financial losses were dubious and unproven. He criticised the audits by BPK and BPKP for lacking independence and failing to distinguish between business errors and criminal intent, advocating for the consistent application of the Business Judgment Rule to protect BUMN executives acting in good faith. Despite his opinion, the eight defendants were convicted and sentenced to prison terms of 4 to 6 years, plus fines, for actions causing state losses of US$2.73 billion and Rp25.44 trillion through unlawful practices in fuel terminal leasing, JBKP compensation, and non-subsidised diesel sales.

MPR Quiz Judge Indri Wahyuni Turns Out to Have Wealth of Rp3.98 Billion

Indri Wahyuni, a judge in the MPR's Smart Quiz competition, has come under public scrutiny following a controversy over the judging of a participant's answer, earning her the nickname "Mrs Articulation" from netizens. Her wealth report (LHKPN) reveals total assets of approximately Rp3.98 billion, primarily from land and buildings in Palembang, South Sumatra, after deducting debts, with no recorded personal vehicles or securities. The unusual absence of vehicles in her substantial holdings has sparked further online curiosity about the MPR official's finances.

Verdict Hearing for Ibam: Judge Reveals List of Parties Enriched in Chromebook Case

In a corruption verdict hearing at the Jakarta Corruption Court, the panel of judges convicted former consultant to Education Minister Nadiem Anwar Makarim, Ibrahim Arief (Ibam), of 4 years imprisonment and a fine of Rp500 million for his role in the procurement of Chromebook laptops and Chrome Device Management services from 2020 to 2022. The judges detailed how various entities, including Google LLC and PT Aplikasi Karya Anak Bangsa (PT AKAB), benefited commercially through massive payments, market dominance, and investments, while officials in the Ministry of Education and Culture received gratifications totaling millions of rupiah. This case highlights systemic corruption in government IT procurement, involving conflicts of interest tied to the minister's private ventures and leading to significant financial gains for involved corporations and individuals.

DPRD Questions Alcohol Retail Permits in Malang, Urges City Government Not to Hide Behind OSS

The Malang City Council has criticised the local government's handling of permits for alcohol retail stores issued via the central Online Single Submission (OSS) system, demanding evaluation due to community protests over locations near residential areas and religious sites. Officials highlight the need for local oversight to prevent social conflicts and operational violations, as evidenced by recent seizures of alcohol from a store for misclassification. This issue tests the balance between facilitating investment and safeguarding social stability in the city.

Aceh PRR Regional Commander Rejects Claims of Slow Recovery Efforts

Safrizal Zakaria Ali, Head of the Aceh Regional Command for the Task Force on Accelerating Rehabilitation and Reconstruction (PRR) post-Sumatra disaster, has dismissed public criticisms that the recovery from recent hydro-meteorological disasters in Aceh is progressing too slowly, attributing delays to the vast affected area, complex geographical challenges, and varying local needs. He emphasised a commitment to comprehensive handling with no one left behind, focusing on transitional priorities like temporary housing, food security, and health until July 2026, alongside ongoing projects such as communal temporary shelters and preparations for El Niño-induced needs like new bore wells and river revitalisation. Speaking at a local information creators' workshop in Banda Aceh, Safrizal underscored the importance of accurate information dissemination in a democratic society to support effective governance and public understanding.

Chair of DPR Commission II Offers Scholarship to Josepha, Student from SMAN 1 Pontianak

Rifqinizamy, the Chair of DPR Commission II and a NasDem politician, has apologised to Josepha, a student from SMAN 1 Pontianak, for any irregularities in a recent national quiz competition final held in West Kalimantan. He praised her courage in highlighting perceived injustices, which has brought national attention to the school, and announced that the MPR would issue an official clarification and apology. Additionally, Rifqinizamy offered Josepha a fully funded undergraduate scholarship to study in China, complete with guaranteed job opportunities from multinational companies upon graduation, pending consultation with her parents and teachers.

Complete Chronology of the 2026 MPR's Four Pillars Quiz in West Kalimantan: From Jury Error to National Spotlight!

A quiz competition on the MPR's Four Pillars of the Nation in West Kalimantan has sparked national controversy after a video clip went viral, highlighting perceived inconsistencies in jury decisions during the final round. The dispute arose when a participant from SMAN 1 Pontianak was penalised for unclear articulation of a correct answer about the BPK selection mechanism, only for a similar response from another team to be accepted. This incident has ignited online debates about fairness in educational competitions tied to national ideology, with netizens criticising the jury's handling and even speculating on technical issues like speaker malfunctions.

Judicial Commission Investigates Alleged Ethical Violations in Andrie Yunus Case Trial

The Judicial Commission (KY) is probing potential ethical breaches by judges in the military trial of four Indonesian soldiers accused of throwing acid on KontraS activist Andrie Yunus, following public scrutiny of the proceedings. KY has deployed a monitoring team since the second hearing on 6 May and is analysing noted incidents both textually and contextually, while respecting judicial independence. The case stems from an alleged revenge attack linked to Yunus's disruption of a parliamentary meeting on TNI law revisions, highlighting concerns over military court impartiality and the failure to dismiss the perpetrators prior to trial.

Transport Minister Emphasises Construction Quality for MRT Phase 2A Development

Indonesia's Transport Minister Dudy Purwagandhi has stressed the importance of maintaining high construction standards in the MRT Phase 2A project to ensure safety, timely completion, and user comfort, while minimising disruptions to traffic and local economic activities. Accompanying Vice President Gibran Rakabuming Raka on a site visit, he highlighted the project's progress at 59%, with operations expected between HI-Monas by late 2027 and full extension to Kota station by 2029, aligning with President Prabowo Subianto's priorities for modern, integrated public transport. The initiative is poised to enhance urban connectivity, support sustainable national economic growth, and build on the success of Phase 1, which serves millions of passengers annually.

Fugitive Brigadier SA, Who Defrauded Family with Promise of Releasing Detainee, Finally Arrested and Now in Propam Custody

Brigadier SA, a police officer from Pacitan Police Resort suspected of defrauding a detainee's family of Rp30 million by promising their release, has been captured after a month on the run and is now detained by the Professional and Security Division (Propam). The case involves ongoing investigations into both criminal fraud and disciplinary violations, with additional suspicions of motorcycle theft from a colleague and a karaoke cafe parking area. This incident highlights internal accountability issues within Indonesia's police force, as authorities deepen their probe into the officer's actions.

China's Consumer Inflation Continues Moderate Recovery

China's consumer inflation sustained its moderate recovery in April 2026, driven by robust spring travel demand and rising energy prices, indicating strengthening domestic demand and an economy on the right track. The Consumer Price Index (CPI) rose 1.2 percent year-on-year, up 0.2 percentage points from the previous month, according to data released by China's National Bureau of Statistics on Monday (11/5). This development underscores the ongoing positive momentum in the country's economic rebound.

Fugitive Jurist Tan, Former Aide to Nadiem, Has Been Tracked Down; Attorney General's Office: Investigators Already Know His Location

The Attorney General's Office (Kejagung) has revealed that investigators have located Jurist Tan, a fugitive former special staff member to Education Minister Nadiem Makarim, in connection with an alleged corruption case involving Chromebook procurement at the Ministry of Education, Culture, Research, and Technology. While Tan remains at large, the authorities are monitoring his movements and pursuing an Interpol red notice, alongside other international cooperation channels to facilitate his extradition. This development marks a significant step in the ongoing pursuit of accountability in the high-profile graft scandal.

AHY Reveals 76 Level Crossings in Java-Sumatra Need Immediate Handling

Agus Harimurti Yudhoyono (AHY) has identified approximately 76 level crossings in Java and parts of Sumatra that require urgent infrastructure improvements, such as installing railway gates, flyovers, or underpasses, following a meeting with President Prabowo Subianto. Illegal and high-risk crossings will be closed, while efforts continue to upgrade railway signalling systems and modernise rail operations to enhance public transport safety. Prioritising safety in public transportation is expected to improve inter-regional connectivity and stimulate economic growth and opportunities.

Viral Video Shows Jember DPRD Member Playing Games and Smoking During Stunting Discussion Meeting

A video has gone viral on social media showing Achmad Syahri As Siddiqi, the youngest member of Jember's DPRD, casually playing games on his phone and smoking indoors during a hearing on stunting issues with health officials. The 25-year-old legislator, son of a former national MP, faced sharp public criticism for his unprofessional behaviour while the meeting addressed critical topics like child nutrition and public health services. This incident highlights concerns over the accountability and dedication of elected representatives in addressing pressing public health challenges in Indonesia.

Lion Parcel and AstraPay Strengthen Financial Digitalisation for Logistics Agents

Lion Parcel and AstraPay have formed a strategic partnership to accelerate the digitalisation of transactions among logistics agents by implementing QRIS payments, enhancing operational efficiency and expanding financial inclusion. The collaboration includes the "Agen Lion Parcel Jagoan AstraPay" programme, which has reached hundreds of agents across Indonesia, resulting in over 10% revenue growth for participants through increased digital transactions. This initiative aligns with government efforts to promote digital payments in the UMKM sector, supported by educational sessions to boost financial and digital literacy.

Firm Action! Social Minister Removes 11,000 Social Aid Recipients Involved in Online Gambling

Indonesia's Social Minister, Saifullah Yusuf (Gus Ipul), has permanently removed over 11,000 families from the social aid recipient list in the first quarter of 2026 due to their involvement in online gambling, marking a drastic reduction from previous years. Only 75 additional families were removed in the second quarter, with the minister noting that while a one-time chance was given to some needy recipients, repeat offenders face lifelong exclusion. The move, supported by data from the Financial Transaction Reports and Analysis Center (PPATK), aims to ensure social aid is used appropriately and prevent misuse for gambling activities.

Ministry of Agriculture Clarifies Chinese Chicken Farming Investment Plan

The Indonesian Ministry of Agriculture, alongside Kadin Indonesia, has clarified reports of a Rp 1.4 trillion investment by a Chinese company in the national layer chicken farming sector, emphasising that the collaboration focuses on strengthening upstream supply chains in Aceh without threatening local small-scale farmers. Officials stressed the importance of measured foreign investments involving cooperatives and local breeders to ensure industry stability, job creation, and national food security. The initiative, still in early stages, aims to transfer modern farming technology and expand export opportunities, such as to Singapore, while avoiding monopolistic practices.

Rising Mugging Incidents Prompt DKI Legislator to Urge Greater Municipal Attention to Residents' Safety

DKI Jakarta DPRD member Hardiyanto Kenneth has criticised the Jakarta Barat city government for its inadequate response to the increasing muggings, snatch thefts, and street violence plaguing the area, which are instilling fear among residents, particularly at night. He calls for proactive measures including better street lighting, active CCTV surveillance, community coordination, and mapping of high-risk spots to restore public safety without waiting for major incidents. This urgency highlights a broader governmental responsibility in urban security beyond mere police patrols, aiming to prevent eroding public trust in the city's safety measures.

Venezuelan President's Response to Trump's Plan to 'Annex' His Country

US President Donald Trump has seriously proposed incorporating Venezuela as the 51st state following the capture of former Venezuelan President Nicolas Maduro by US forces in January 2026, aiming to gain control over Venezuela's vast oil reserves. Interim Venezuelan President Delcy Rodriguez firmly rejected the idea, emphasising the nation's deep-rooted love for its independence and heroes, while pursuing diplomatic cooperation with the US. Under Rodriguez's leadership, reforms have opened Venezuela's mining and oil sectors to foreign companies, particularly from the US, alongside the release of political prisoners amid ongoing tensions.

Cak Imin: Social Aid Recipients Caught Playing Online Gambling Will Be Immediately Removed!

Muhaimin Iskandar, known as Cak Imin and Coordinating Minister for Community Empowerment, has vowed to eradicate online gambling by automatically disqualifying social aid recipients found participating in it, with data already held by the Ministry of Social Affairs. This measure underscores the government's commitment to ensuring aid reaches those in genuine need. Additionally, the administration is focusing on bolstering the middle class through initiatives like creating 10 million jobs and elevating 10 million people to middle-class status, particularly by supporting UMKM growth.

Outrage! Former Kutai Barat Narcotics Unit Chief AKP Deky Involved in Sabu Dealer Network Named Ishak

Indonesian police's Bareskrim has uncovered alleged ties between former Kutai Barat Narcotics Unit head AKP Deky Jonathan Sasiang and a major methamphetamine trafficking syndicate led by Ishak in East Kalimantan. The case emerged from a February 2026 raid that seized over 233 grams of sabu, cash, and various pledged valuables, prompting Bareskrim to take over the investigation amid suspicions of broader police involvement. AKP Deky is currently under special placement and intensive scrutiny by provincial police ethics authorities, highlighting ongoing concerns about corruption within law enforcement.

Convicted of Collusive Corruption, Defendant in Chromebook Case Ibrahim Arief Sentenced to 4 Years in Prison

Ibrahim Arief, a technology consultant at the Ministry of Education, Culture, Research, and Technology, has been sentenced to four years in prison for his role in a corrupt procurement of Chromebook laptops and Chrome Device Management systems, causing a state loss of Rp5.26 trillion. The court found him guilty of violating procurement principles during the 2019-2022 period, particularly impacting education amid the pandemic, though his sentence is lighter than the prosecutors' 15-year demand due to his advisory role and lack of direct financial gain. This verdict underscores ongoing anti-corruption efforts in Indonesia's public sector, highlighting vulnerabilities in digital education initiatives.

National Energy Council Discusses Plan to Limit Pertalite

The National Energy Council (DEN) has indicated that restricting subsidised fuels like Pertalite and Biosolar, based on engine capacity and vehicle type, could save 10-15% of total volume, forming part of a three-pronged strategy to control subsidies and enhance energy efficiency. Additional measures include transforming 3kg LPG subsidies to target-based aid using poverty alleviation and social welfare data, alongside accelerating transport electrification and optimising supply through greater use of domestic coal, gas, and B50 biodiesel to reduce diesel imports to zero by 2026. These initiatives aim to balance energy security with fiscal stability amid global challenges.

Foreign Minister Sugiono to Attend BRICS FMM in India on 14 May

Indonesia's Foreign Minister Sugiono is set to attend the BRICS Foreign Ministers' Meeting (FMM) in India on 14-15 May 2026, where discussions will focus on cooperation in sustainability, digital economy, global and regional issues, resilience, innovation, and reforms in global governance. Indonesia reaffirms its strong commitment to active participation in BRICS, aiming to promote peace and uphold international legal norms. The meeting, hosted by Indian Foreign Minister S. Jaishankar, will also include a session with Prime Minister Narendra Modi and themed discussions on BRICS@20, highlighting the group's role in building resilience, innovation, cooperation, and sustainability.

National Police Criminal Investigation Unit Probes Links Between Former Kutai Police Narcotics Chief and Drug Kingpin

The Indonesian National Police's Criminal Investigation Unit (Bareskrim) has taken over the investigation into the alleged involvement of former West Kutai Police Narcotics Chief AKP Deky Jonathan Sasiang with drug lord Ishak's syndicate following new evidence. Brigjen Eko Hadi Santoso stated that Deky is suspected of participating in the operations of the illegal narcotics trade in the region, prompting the case's escalation from local to national level. Currently under special placement and scrutiny by East Kalimantan's police professional standards unit, this development underscores ongoing efforts to combat corruption within law enforcement amid Indonesia's fight against drug trafficking.