Indonesian Political, Business & Finance News

Archive: 31 May 2026

Showing 851-900 of 1,004 articles

Bandung Residents Turn to Electric Motorcycles for Daily Commuting

Bandung residents are increasingly adopting electric motorcycles due to significant cost savings compared to fuel-powered vehicles, with users reporting up to 75% lower weekly expenses. Companies like PT Indomobil Emotor are promoting this shift through community engagement, highlighting the vehicles as a practical and sustainable mobility solution for urban commuters.

Linguistics Expert: Indonesia Unprepared to Teach French Across All Education Levels

Linguistics expert Miftah Nugroho has stated Indonesia lacks the necessary teachers and infrastructure to implement French and Portuguese language education nationwide. He emphasised that one to two years of preparation is required, while also highlighting the benefits of multilingualism for global competitiveness and communication.

Pancasila Foundation Day 2026 School Ceremony: Schedule, Timing and Dress Code

The Indonesian government has issued detailed guidelines for the 2026 Pancasila Foundation Day ceremonies in schools, outlining protocol, attire, and official speeches. The event commemorates Sukarno's 1945 address establishing Pancasila as the state philosophy, reinforcing national unity and global peace principles. Schools must adhere to strict timing and dress codes set by principals, with ceremonies starting at 08:00 across all Indonesian time zones.

Yogyakarta Set to Be Encircled by Two New Toll Roads

Two new toll roads, Yogyakarta-Solo and Yogyakarta-Bawen, are being developed to enhance regional connectivity and boost tourism in Central Java and Yogyakarta. Toll revenue growth in key sections reflects increased mobility and economic activity in the Joglosemar region. Jasa Marga is accelerating construction while incorporating local design considerations around Yogyakarta's ring road.

SoftBank invests Rp 922 trillion in AI data centre in France

Japanese tech investment giant SoftBank Group has committed €45 billion (approximately Rp 922.5 trillion) to develop AI infrastructure in France over five years, focusing on the Hauts-de-France region. The project, set to launch by 2031, involves partnerships with Schneider Electric and EDF, bolstering France's status as a key European hub for AI investment amid government efforts to attract foreign capital through the Choose France forum.

DPR Commission X Calls for Clear Implementation Plan for French Language in Schools

DPR Commission X has urged the government to clarify its plans for implementing French language instruction in schools, stressing the need for adequate teacher training and resources. While supporting efforts to enhance foreign language skills for global competitiveness, the commission warned against hasty implementation without addressing existing challenges in English language teaching. The remarks follow President Prabowo's directive for all Indonesian schools to teach French, citing future global developments.

58 engaged couples victimised in East Jakarta wedding organiser scam, losses reach Rp2.6bn

The East Jakarta police have identified 58 engaged couples as victims of a wedding organiser scam, with reported losses exceeding Rp2.6 billion. Two couples have already married but received substandard services, while 56 others are yet to hold their ceremonies. Suspects RM and ER, the owners of WO Marwah, have been detained and face charges under the Indonesian Criminal Code for fraud and embezzlement.

Initial Impressions of Jetour T1 i-DM: Set to Enter the PHEV Segment

Jetour has launched its T1 i-DM plug-in hybrid SUV into Indonesia’s electrification market, combining rugged design with advanced hybrid technology. The vehicle features a modern interior, spacious boot, and a sophisticated powertrain system, positioning itself as a strong contender in the growing PHEV segment. This move underscores the increasing interest in electrified vehicles within Indonesia’s automotive industry.

Jakarta Metropolitan Police opens complaint desk for Umrah travel fraud victims

Jakarta Metropolitan Police have opened a dedicated complaint desk for victims of alleged Umrah travel fraud involving Hanania Group, following a reported loss of Rp12.14 billion. The company's director has been detained after being named a suspect. The desk offers both in-person and WhatsApp reporting channels to ensure all victims are documented for further investigation.

Satay stall employee in South Jakarta arrested for stealing colleague's motorcycle to buy drugs

A satay stall employee in South Jakarta has been arrested for allegedly stealing his colleague's motorcycle to purchase narcotics. Police apprehended him within 24 hours of the report after reviewing CCTV footage, which confirmed his identity as a fellow worker. Authorities are investigating whether the stolen motorcycle's proceeds were used to buy drugs, and the suspect is currently facing legal proceedings.

Pancasila Day Commemoration: Megawati to Attend, SBY Absent

President Prabowo Subianto will officiate the central Pancasila Day ceremony on 1 June, with former President Megawati Soekarnoputri expected to attend while Susilo Bambang Yudhoyono (SBY) is unlikely to be present. The BPIP has invited all former presidents and vice-presidents, though attendance confirmations remain pending until Saturday. PDI-P will also conduct its own commemorative ceremony at its Party School on the same day.

Prosecution Seeks 8-Month Psychological Treatment for 12-Year-Old Medan Schoolgirl Who Killed Mother

The 12-year-old Medan schoolgirl who killed her mother faces an 8-month psychological treatment sentence as sought by prosecutors, who cited her remorse, age, and mental health issues stemming from parental abuse and media influence. The case highlights the challenges of juvenile justice in Indonesia, balancing legal accountability with social welfare interventions.

Pegadaian Gold Prices Stable on 31 May 2026 – Complete List

Pegadaian's gold prices remained unchanged across all product lines on 31 May 2026, with Galeri 24 at Rp2,794,000 per gram, Antam at Rp2,911,000, and UBS at Rp2,850,000. Market analysts are closely tracking global economic trends, central bank interest rate decisions, and geopolitical factors influencing demand for gold as a safe-haven asset.

Password Theft in Indonesia Surges: Tactics and Solutions

Kaspersky reports a 7% rise in password theft attacks targeting Indonesian companies in 2025, with over 234,000 incidents recorded. The surge across Southeast Asia underscores growing cyber threats, prompting recommendations for stronger security measures such as multi-factor authentication and password managers to prevent data breaches.

East Jakarta police arrest couple accused of fraud in wedding organizer business

A couple operating a wedding organizer service in East Jakarta has been arrested for allegedly defrauding clients by taking payments without delivering services. Police are investigating potential additional victims and whether the suspects attempted to flee before arrest. They face charges under Indonesian criminal law for fraud and embezzlement.

ESG: Capitalism Forces Indonesian Corporations to 'Go Green'

The shift towards ESG practices in Indonesian businesses is driven by global financial pressures rather than genuine environmental concern, with companies in coal, palm oil, and banking sectors adopting sustainability measures to maintain market access. Critics argue this trend represents greenwashing, where corporations present a green image while continuing exploitative practices.

CFD Cancelled, Residents Disappointed as Exercise Continues at Bundaran HI

Despite the Jakarta Provincial Government cancelling the Car-Free Day (CFD) at Bundaran HI for Waisak commemoration, many residents continued exercising in the area unaware of the change. Traffic slowed as pedestrians and cyclists occupied the left-hand lane and roadside. The decision, announced via official social media, cited a 2016 provincial regulation.

Zdrink Develops Instant Chocolate Drink Using Lampung Cocoa via BRI's LinkUMKM

Zdrink, a Jakarta-based beverage business, has developed an instant chocolate drink using Lampung cocoa through BRI's LinkUMKM programme. The company leverages BRI's training and digital payment services to enhance marketing and operations, overcoming product curation challenges to expand its market reach. Founder Redi Noverindo credits the initiative with transforming a simple school-based idea into a successful venture.

DPR Commission VII Hails Labang PLBN as National Border Symbol

DPR Commission VII member Rahmawati praised the Labang Border Crossing Point (PLBN) in Nunukan as a symbol of national presence along the Indonesia-Malaysia border. The infrastructure, constructed during President Joko Widodo's term, is unique for its river-only transit and employs local residents. It underscores Indonesia's commitment to securing its borders while integrating with the natural environment.

Waisak 2026: Thousands of Prisoners Granted Special Remission

The Indonesian Ministry of Immigration and Corrections has granted special remission to 1,047 Buddhist prisoners for Waisak 2026, with 1,041 receiving partial sentence reductions and six released. A further five juvenile detainees were also granted remission, totalling 1,052 individuals. The initiative saves over £40,000 in meal expenses and aims to encourage rehabilitation through legal frameworks.

Tomato Prices Skyrocket Nearly 40%: What's Behind It?

Tomato prices in the US have surged nearly 40% over the past year, outpacing other food items such as coffee and beef, driven by new tariffs on Mexican imports and supply chain disruptions. The policy shift, which withdrew from a three-decade trade agreement, has increased consumer costs while boosting tariff revenues. Experts highlight the vulnerability of US tomato supply chains to trade policy changes.

Bangkalan Hajj Pilgrims Delayed in Receiving Meals at Mina

The Indonesian Ministry of Hajj and Umrah has confirmed a meal distribution issue for Bangkalan Hajj pilgrims in Mina, Saudi Arabia, stemming from procedural errors between contractors and supervisors. Despite sufficient food supplies, the lack of proper documentation and communication caused delays until supervisors manually verified each tent. The ministry has mandated improvements to distribution protocols to ensure timely service and accountability.

Elderly Join NTT Governor at National Elderly Day 2026 Event

The Ministry of Social Affairs organised free health services and social assistance checks for elderly citizens during the National Elderly Day 2026 celebrations in NTT. Governor and Vice Governor joined musical performances, creating a vibrant atmosphere as thousands of seniors participated in singing, dancing, and receiving medical care. Attendees highlighted the event's benefits for their health and sense of community.

Rupiah Weakens Further Against Dollar: Three Tips for the Middle Class

The Indonesian rupiah has weakened significantly against the US dollar, nearing Rp18,000 per dollar, prompting economic experts to issue advice for the middle class. They recommend reducing spending on imported goods, opting for fixed-rate loans to avoid rising interest costs, and seeking additional income sources to mitigate financial strain.

PBNU: Do Not Stigmatise Thousands of Pesantren Due to Sexual Abuse by a Few Individuals

The Nahdlatul Ulama Central Board (PBNU) has called for objectivity in addressing sexual abuse cases within pesantren, emphasising that thousands of Islamic boarding schools should not be stigmatised due to the misconduct of a few individuals. PBNU Deputy Secretary-General Gus Ma'shum stated that while perpetrators must face legal consequences, the institutions' centuries-long contributions to moral education and national development must not be overlooked. The organisation advocates for robust internal safeguards to protect students and ensure legal responsibility is assigned only to those responsible.

When Will BYD M6 DM Start Delivering to Customers?

BYD has commenced distribution of its first plug-in hybrid electric vehicle (PHEV) model, the M6 DM, to dealerships across Indonesia. With 90% of showrooms now equipped with vehicles for test drives, display, and market outreach, the company aims to expedite customer deliveries in the near term. The move marks a significant step in BYD's expansion within Indonesia's automotive sector.

Hegseth Slams NATO: US Needs Partners, Not Dependents

US Defense Secretary Pete Hegseth has criticised NATO allies for insufficient defence spending, stating Washington will no longer subsidise wealthy nations' military needs. He stressed the need for shared responsibility within the alliance, with the US still covering over 60% of NATO's military expenditure. The remarks align with US efforts to reallocate resources to the Indo-Pacific to counter China's influence, while new NATO spending targets have drawn European opposition.

Antam Gold Prices Today, 31 May 2026: Full List

Antam gold prices remained unchanged on 31 May 2026, with the retail price at Rp 2,799,000 per gram and buyback rate at Rp 2,609,000. The 0.25% Income Tax (PPh Article 22) applies to purchases for NPWP holders, with tax deducted from buyback transactions. Prices are updated daily in line with global market trends and currency fluctuations.

BUMA International (DOID) EBITDA Rises 98% Driven by Operational Efficiency

BUMA International (DOID) reported a 98% year-on-year rise in EBITDA to $28 million in Q1 2026 despite a 10% drop in revenue, driven by operational efficiencies and cost-cutting measures. The company maintained performance through seasonal weather challenges, with improvements in productivity and reduced non-productive hours contributing to stronger financial results.

BPH Migas uncovers suspected misuse of subsidised fuel in Jepara

Indonesian energy regulator BPH Migas and DPR Commission XII discovered trucks misusing subsidised fuel in Jepara through fake license plates and QR codes. Authorities urge public cooperation to ensure subsidies reach intended beneficiaries, as the scheme involved hidden tanks and repeated refuelling to bypass monitoring systems.

Indonesia's Least-Selling Car Models: Audi Sells Just One Unit in April 2026

The Indonesian automotive market showed signs of recovery in April 2026, with wholesale and retail sales rising significantly. However, certain brands like Audi, Volvo, and Subaru struggled, with some selling only single-digit units. Analysts highlight the intense competition and challenges faced by premium and new entrants in building dealer networks and consumer trust.

Indonesia's Pain Specialists: Global Recognition but Patients Still Seek Treatment Overseas

Indonesian pain specialists are globally recognised yet domestic patients still travel abroad for treatment, highlighting a systemic healthcare gap. The Pain Management Network and FKUI's Medical Development Centre are collaborating to standardise education and promote domestic care under the 'Indonesia Free from Pain 2030' initiative. Experts urge Ministry of Health support to empower local specialists and reduce reliance on overseas medical tourism.

East Jakarta Wedding Organiser Owner Held Over Alleged Scam of Engaged Couples

A wedding organiser owner in East Jakarta has been charged with defrauding 58 engaged couples, causing an estimated Rp 2.6 billion in losses. Two couples had their weddings but received no services, while 56 others were unable to hold their ceremonies. Investigators are working to determine motives and whether the suspects tried to evade justice.

Weekly legal roundup: Sumatra blackout, TNI AD's role in tackling muggings and more

Legal developments this week include police confirming no sabotage in Sumatra's blackout, the Army's lawful involvement in tackling muggings under military operations, and a reduced prison sentence for a former regent. Autopsies were carried out on four members of a tourist family who died while camping, while Tangerang Prison's innovative programme produces 10,000 paving blocks daily from industrial waste.

Jokowi Joins Viral 'My Little Bolu Ketan' Song Trend Featuring Energy Minister Bahlil

President Jokowi has embraced a viral social media trend featuring an AI-generated song about Energy Minister Bahlil Lahadalia. The track, created from netizen comments, has gained widespread attention, prompting Bahlil to seek its creator through Raffi Ahmad.

Rosan: Indonesia-France Business Council Drives Bilateral Investment and Trade

The Indonesia-France Business Council, launched during President Prabowo’s state visit to France, aims to boost bilateral investment and trade, with $3.5 billion in new commercial deals across energy, trade, and defence sectors. The council, co-chaired by Danone’s CEO and Kadin Indonesia’s head, targets tripling trade by 2035 and ensuring implementation of existing agreements worth over $11 billion.

Man Who Vandalised Car on JORR Toll Road Arrested

Police have arrested a man who vandalised another driver's vehicle on the Jakarta Outer Ring Road (JORR) toll road following a viral social media video. Charged under Article 521 of the Indonesian Penal Code, he faces up to six months in prison or a maximum fine of Rp 10 million. The incident attracted widespread attention after dashcam footage showed the suspect striking the victim's mirror with a wheel wrench during a road rage incident.

Coal Prices Ease but Remain Overshadowed by India and China Developments

Global coal prices fluctuated last week, closing at US$136.75 per tonne with a marginal weekly rise, influenced by supply resilience in India, geopolitical tensions in the Middle East, and China's safety inspections. India's coal reserves are sufficient for 19 days of operational use, while China's temporary mine shutdowns could cut June output by 10-15 million tonnes. Indonesia's upcoming establishment of the Danantara Sumber Daya Indonesia (DSI) to regulate coal exports is also under scrutiny by international markets.

Baznas Distributes 1,240 Hajj Compensation Goats Across Indonesia

Baznas has distributed 1,240 goats as hajj compensation to provide nutritional support for the needy while boosting local livestock breeders. The initiative, part of an ongoing programme since 2024, strengthens social welfare efforts and empowers communities through livestock support. It underscores the agency’s role in facilitating pilgrims’ religious obligations while addressing food security and rural livelihoods.

Lenovo Launches AI Device for Children with Emergency SOS Button and GPS

Lenovo has launched an AI companion device for children in China, designed as a hybrid between a smartwatch and smartphone. The gadget includes an emergency SOS button, GPS tracking, and multimodal AI features for education and safety, such as object identification and homework assistance. It runs on Android with 4G LTE connectivity, enabling voice and video calls even when away from home.

Sandiaga Uno Distributes Rendang to Support Communities Amid Rising Basic Necessities Costs

Sandiaga Uno's Indonesia Equality Foundation has distributed rendang made from Eid al-Adha sacrificial meat to waste pickers in South Jakarta amid rising food prices. The initiative, in partnership with Muslimverse, aims to provide sustainable support through practical meal distribution, fostering community solidarity during economic hardship.

Hanania Travel Owner Named Suspect in Umrah Pilgrims Scam Case

Hanania Travel owner Ahmad Syah Farhan has been named a suspect in a scam involving hundreds of Umrah pilgrims, with total losses of Rp12.14 billion. Police have detained him and opened a complaint office for additional victims to report their cases.

Bukit Asam (PTBA) Merges Two O&M Service Subsidiaries in Business Consolidation

PT Bukit Asam (PTBA) is merging its subsidiaries BEST and BEI to streamline operations under the MIND ID holding company. The move aims to boost efficiency, sharpen focus on core business activities, and improve governance by eliminating redundant functions. The merger, expected to take effect by 30 June 2026, will see BEI employees transition to BEST under appropriate employment contracts.

Musicians Boycott US 250th Anniversary Celebration as Donald Trump Fires Back Harshly

Prominent musicians have withdrawn from the US 250th anniversary celebrations over concerns about political bias, prompting sharp criticism from Donald Trump who dismissed them as 'third-rate' and hinted at holding his own rally. The US government continues with the event despite the boycott, including a commemorative passport featuring Trump's image. The controversy highlights deepening political divisions ahead of the historic milestone.

Lenteng Agung Road Subsidence Prompts Traffic Management Measures

A road subsidence in Jakarta's Lenteng Agung has caused significant traffic congestion, prompting the provincial government to implement traffic rerouting measures. Two-wheelers are permitted on the right lane, while cars heading to Universitas Indonesia and Depok are diverted, and heavy vehicles are rerouted westward. Authorities are working to expedite repairs and investigate the cause of the collapse.

Child Fails SNBT? How to Rebuild Their Future

Failing the National Selection Based on Test (SNBT) is a difficult reality for students and families, yet experts highlight the need for emotional support and unconditional love. Psychologist Divani Aery Lovian underscores that comparisons and pressure worsen self-esteem, stressing that acceptance and patience are vital for rebuilding future plans.

The Role of French in Indonesia's Future Transport Sector

Indonesia's push to develop modern transport infrastructure for its 2045 development goals highlights the critical need for French language skills among future workers. Proficiency in French is vital for sectors like rail, aviation, and maritime due to France's historical role in these industries, offering access to technical documentation, international training, and global collaboration opportunities.

Constitutional Court Rules Jakarta Remains Indonesia's Capital as IKN Development Continues

The Constitutional Court has upheld Jakarta as Indonesia's capital, yet the Nusantara Capital Authority confirmed construction of the new capital proceeds uninterrupted. Spokesperson Troy Pantouw emphasised the project's multi-faceted funding and its role as an economic growth centre, not merely a government administrative hub.

Meta reportedly developing AI-powered pendant

Meta is advancing its wearable technology portfolio with an AI-powered pendant set for testing in 2026, leveraging its acquisition of Limitless. The move aims to revitalise its struggling Reality Labs division, which reported a $4bn loss in early 2026, as part of broader efforts to expand smart glasses and business subscription services.

IESR Reveals Three Models for Managing Solar Power Plants in Indonesian Villages

The Institute for Essential Services Reform (IESR) has stressed that Indonesia’s 100 GW solar power initiative must adopt tailored management models for each village, as a uniform approach risks economic inefficiency and long-term sustainability. It recommends three distinct models based on local institutional capacity, urging detailed government analysis to ensure projects align with community needs and maximise investment benefits.