Indonesian Political, Business & Finance News

Archive: 31 May 2026

Showing 101-150 of 1,004 articles

Full List of Pertamina Fuel Prices Effective 1 June 2026: Diesel Prices Fall

The Indonesian government has adjusted non-subsidised fuel prices effective 1 June 2026, with diesel and Dexlite seeing price reductions while Pertamax Turbo increased. The changes reflect global crude oil volatility and a weakened rupiah against the US dollar, impacting domestic fuel pricing strategies.

ESG Principles Key to Strengthening Tourism Destination Competitiveness

The Labuan Bajo Flores Special Economic Zone Authority (BPOLBF) has reinforced its sustainable tourism credentials by promoting ESG principles at The Meru Eco Tourism Week in Bali. The Tourism Ministry highlighted ESG as vital for attracting investment and competitiveness, with initiatives like waste management systems and the Clean Tourism Movement aligning with President Prabowo’s national waste management strategy. BPOLBF is expanding promotions beyond Komodo National Park to distribute tourism benefits across Flores, including village tourism and religious travel packages.

Hoax: Gibran Convicted and Invalid as Vice President

A viral claim that Indonesian Vice President Gibran Rakabuming Raka was convicted by a court and thus ineligible for office has been debunked as false. The Constitutional Court rejected a related case on age limits for candidates, upholding prior rulings, and the only constitutional method for removal is impeachment by the People's Consultative Assembly. Gibran continues to serve his term until 2029.

USU Law Professor: Businesses Require Legal Certainty

USU law professor Prof Ningrum Natasya Sirait emphasised that legal certainty is vital for attracting investment to boost Indonesia's economy. She warned that inconsistent policies undermine investor confidence, stressing companies are inherently profit-driven and must operate within fair legal frameworks. She called for robust legal backing to support economic changes and avoid gaps in policy implementation.

Police recover stolen belongings of Brazilian tourist

West Sumba police have recovered stolen items belonging to a Brazilian tourist, including cash, a drone, and camera equipment, which were returned without legal action. Authorities stress the importance of collaborative security efforts between police, tourism businesses, and local communities to maintain safety for visitors. They reiterated that tourism is a vital regional asset requiring collective protection.

Hotels Cut Rates by 30% to Boost Revenue from School Holidays

Major hotel chains have slashed room rates by up to 30% to maximise occupancy during the 2026 school holiday season, bundling stays with free local attraction tickets to attract family travellers. The strategy aims to distribute tourist spending more evenly across secondary cities like Makassar while maintaining profitability through direct bookings, as part of efforts to make family holidays more accessible nationwide.

Come Home, Child: A Bright Future Awaits You!

Recent fatal incidents involving teenagers in Yogyakarta have heightened parental and community concerns. Two students died in separate gang-related attacks, prompting calls for harsher penalties and military-style rehabilitation. Authorities attribute the violence to school gangs and the local 'klitih' phenomenon.

Purbaya Still Assessing Potential Revenue from DSI Exports

Finance Minister Purbaya Yudhi Sadewa is still assessing potential state revenue from the new export policy for coal, ferro alloy, and palm oil via PT Danantara Sumberdaya Indonesia (DSI), which commenced on 1 June. The policy aims to strengthen export governance and prevent malpractices like under-invoicing and transfer pricing. According to Coordinating Minister Airlangga Hartarto, these three commodities contributed $66.13 billion to Indonesia’s trade surplus over 71 consecutive months, making up 23.4% of total national exports.

Police Destroy Five Illegal Gold Mining Rafts on the Kuantan River Following Women's Complaints

Police in Kuantan Singingi destroyed five illegal gold mining rafts on the Kuantan River after receiving complaints from local women. The operation, led by Cerenti Police Chief Iptu Peri Padli, involved burning the rafts to deter future illegal activities. Authorities reiterated their commitment to enforcing environmental regulations and cracking down on unlicensed mining operations.

Farming Family Makes More from YouTube Content Than Selling Produce

A Montana farming family has generated significant income through YouTube content creation, surpassing earnings from traditional crop sales. They have diversified into property investments as social media popularity declines, with their online business now providing a stable revenue stream despite waning public interest.

Megawati Pays Tribute to Late Ryamizard Ryacudu for Aceh Disaster Assistance

Former Indonesian President Megawati Soekarnoputri honoured the late General Ryamizard Ryacudu for his swift response during Aceh's disaster, recalling his immediate deployment of military engineers to construct a Bailey bridge that restored critical access. She praised his unwavering dedication to national service and steadfast commitment to the people.

Need Quick Funds for Various Needs? BRI Multiguna Karya Offers Disbursement Within 1 Day

BRI has introduced the BRI Multiguna Karya loan product to assist Indonesian workers with urgent financial needs such as education, home renovations, and healthcare, with funds available within one working day. The initiative, aligned with Pancasila Day's principles, provides flexible terms and unsecured financing, serving 1.34 million borrowers with an outstanding balance of Rp215.4 trillion as of April 2026.

Elderly Man Charged with Rape of Seven-Year-Old Girl in East Timor Regency

A 66-year-old man has been accused of sexually assaulting a seven-year-old girl in a teak forest near her home in Kota Kefamenanu district, East Nusa Tenggara province. Police have received the complaint from the girl's family, conducted medical examinations, and begun their investigation into the serious criminal matter.

12 fire engines deployed to tackle waste warehouse fire in Gandamekar, Bekasi

Twelve fire engines were deployed to tackle a fire at a waste storage facility in Gandamekar, Bekasi, involving plastic and textile waste, which complicated firefighting efforts. The blaze took over two and a half hours to partially control, with police investigating the cause, believed to have originated from the warehouse.

Hajj Officials Urged Not to Grow Complacent

Indonesian Hajj officials report smooth execution of this year's pilgrimage rituals despite minor logistical challenges, with coordination praised from Saudi authorities and Indonesian agencies. They stress that the mission remains incomplete until all pilgrims safely return home by 2 July.

ASDP Confirms Poto Tano Ferry Service Remains Open Ahead of PPS Protest

The Sumbawa Island Province Alliance (PPS) is set to stage large-scale protests across five regencies on 2 June 2026, demanding the creation of a new province separate from West Nusa Tenggara. ASDP has assured ferry services at Poto Tano Port will stay open despite the demonstrations, with operations adjusted as needed for safety and security. Protesters are also calling for the central government to lift the moratorium on new autonomous regions (DOB).

Revitalisation of Bogor's Pajajaran Museum to Cost Rp9 Billion

West Java Province has allocated Rp9 billion for the revitalisation of Bogor's Pajajaran Museum, including infrastructure improvements such as roads, pavements, and lighting to support cultural preservation. The initiative, following the Milangkala Tatar Sunda Cultural Parade, aims to strengthen the museum's role as a historical education hub and Sundanese heritage centre.

Military figures and state officials pay their respects to Ryamizard at Cikeas

Former Defence Minister Ryamizard Ryacudu's wake saw senior military and government officials pay their respects, underscoring his significant contributions to post-tsunami infrastructure and humanitarian military approaches. Colleagues highlighted his role in constructing roads in Aceh via TMMD despite initial scepticism and his consistent advocacy for treating civilians as partners rather than adversaries. His career included serving as Army Chief of Staff and Defence Minister under President Joko Widodo.

Textile Waste Warehouse Fire Breaks Out in Gandamekar, Bekasi

A fire originating from a textile waste warehouse in Gandamekar, Bekasi, caused significant damage to residential properties with no casualties. Firefighters are investigating the cause, which remains undetermined, as the blaze erupted suddenly in a densely populated area. The scene was left pitch-dark, flooded, and with several uninhabited homes destroyed.

Megawati Mourns Ryamizard's Passing, Recalls Aceh Disaster Response

Former President Megawati Soekarnoputri has paid tribute to the late Defence Minister Ryamizard Ryacudu, highlighting his decisive actions during the Aceh disaster response, particularly the rapid deployment of Bailey bridges to restore access. She praised his steadfast principles, dedication to the nation, and embodiment of true patriotism, underscoring his legacy as a soldier-statesman.

HIPMI Southwest Papua Holds Meeting with Bank Mandiri to Discuss Business Capital, Investment and KUR

The Southwest Papua HIPMI regional council met with Bank Mandiri to facilitate business capital, investment, and KUR for MSMEs. They aim to boost economic growth by attracting investments from national funds and state-owned banks while avoiding regional budget projects. Karol Kamat emphasized the province's role as Papua's economic gateway, urging entrepreneurs to seize opportunities for sustainable development.

Muhammad Yusuf Ateh Appointed Telkomsel Commissioner

Telkomsel's shareholders have appointed Muhammad Yusuf Ateh as a Commissioner, effective 1 June 2026, to bolster corporate governance and strategic leadership in the evolving telecom sector. The move aims to sustain profitability and drive growth through 5G investments and digital services, aligning with industry recovery post-consolidation and supporting Indonesia's national digital transformation.

Gibran attends Tri Suci Waisak commemoration at Borobudur Temple

Vice President Gibran Rakabuming Raka attended the Tri Suci Waisak commemoration at Borobudur Temple, highlighting the government's role in supporting religious observances. He was seated alongside the Minister of Religion and Buddhist leaders, listening to a speech emphasising the impermanence of worldly life and the roots of suffering in hatred and greed.

How to Download the Official 2026 Hajj Certificate via Kartu Nusuk – Simple and Quick

Indonesian Hajj pilgrims can now download their official Saudi-issued certificates through the Kartu Nusuk platform, serving as proof of completed rituals and access to post-pilgrimage services. The process is straightforward, involving barcode scanning and language selection. Saudi Arabia has declared the 2026 Hajj successful, with strict entry regulations and safety protocols in place for pilgrims.

Police investigate misuse of funds in Marwah wedding organiser fraud case

Indonesian police are probing how a wedding organiser couple allegedly misused Rp2.6 billion from clients after failing to deliver services. ER and RMS were arrested in West Bandung Regency and face charges of fraud and embezzlement under the Criminal Code.

Idul Adha holiday: Tegal Station records 7,043 passengers in single day

During the Idul Adha holiday period from 27-31 May 2026, Tegal Station recorded a daily passenger peak of 7,043 on 30 May, contributing to a total of 29,545 travellers across the week. KAI Daop 4 Semarang attributed the surge to increased mobility for religious visits and tourism, citing rail's reliability and comfort as key factors. The operator also noted Semarang Tawang as the busiest station in the region with 68,520 passengers.

IHSG Slumps: Top Investments for Maximum Returns

Indonesia's stock market has seen a sharp decline, with the IHSG dropping 29.14% year-to-date in 2026 due to US trade policies, geopolitical tensions, and foreign capital outflows. Amidst this downturn, investors are turning to low-risk alternatives such as money market funds, fixed income funds, gold, and bank deposits to protect their portfolios. These options offer stable returns despite global market volatility.

Ministry of Hajj plans 2027 hajj strategy to tackle rising jet fuel costs

The Ministry of Hajj and Umrah is preparing for the 2027 and 2028 hajj seasons, addressing rising aviation fuel costs which significantly impact pilgrimage expenses. The ministry is collaborating with the Hajj Financial Management Agency (BPKH) and Parliament to ensure financial sustainability and maintain subsidies for pilgrims despite global fuel price volatility and currency fluctuations.

Current Fire Situation in Gandamekar, Bekasi as Thick Black Smoke Rises

A fire has erupted in the densely populated Gandamekar area of Bekasi, West Java, destroying multiple homes and causing thick black smoke to rise. Firefighters are working to contain the blaze with six units deployed, though the cause and any casualties remain unconfirmed.

Papua Police Call for Higher 3C Crime Clearance Rates

Papua Police have reported 1,076 3C crimes from January to May 2026, prompting calls for improved case resolution to enhance public safety. The force has launched Operation Sikat Cartenz 2026 to tackle conventional crime and bolster public trust in law enforcement efforts across the region.

Jusuf Kalla Supports PRIMA DMI Halal Centre Launch Ahead of 2026 Mandatory Halal Certification

Former Indonesian Vice President Jusuf Kalla has backed the launch of PRIMA DMI's Halal Centre to enhance halal literacy and support the government's 2026 mandatory halal certification policy. The initiative will provide free certification assistance to micro and small businesses via the SEHATI programme, ensuring product safety and consumer protection ahead of the October deadline.

Indonesia Enforces Shock 100% Export Cash Retention and Mandatory State Routing ...

The Indonesian government has introduced stringent regulations mandating 100% repatriation of export proceeds for key commodities, requiring all funds to be held in domestic banks for at least a year and routed through state-owned entities. This move aims to curb capital flight, address under-invoicing, and stabilise the rupiah by increasing foreign currency reserves, while offering tax incentives to encourage compliance.

BGN: 8,182 MBG Nutrition Service Units Previously Suspended, 2,213 Still Suspended

The National Nutrition Agency (BGN) revealed that 8,182 of 27,208 operational Nutrition Service Units (SPPG) under the Free Nutritious Meals (MBG) programme have been temporarily suspended since its January 2025 launch, with 2,213 still suspended as of May 2026. Suspensions resulted from public complaints, regional government feedback, inspections, and beneficiary incident monitoring. Regional data shows varying suspension rates across Sumatra, Java, and eastern Indonesia.

Prabowo Lands in Jakarta with $3.5 Billion French Windfall as $1.3 Trillion Business Council Ignites Economic Ties

President Prabowo Subianto secured $3.5 billion in commercial deals and launched a $1.3 trillion business council during his state visit to France, strengthening economic ties between Indonesia and Europe. The agreements focus on energy security, trade, and defence cooperation, with key Indonesian business leaders and ministers involved, signalling a strategic effort to integrate Indonesian corporations into European supply chains.

Netanyahu orders expansion of military operations in Lebanon

Israeli Prime Minister Benjamin Netanyahu has ordered the IDF to expand military operations into southern Lebanon, crossing the Litani River and securing strategic areas including Beaufort Castle. He stated the move aims to establish security zones beyond Israel's borders to protect communities, acknowledging the mission will take time but is necessary to restore safety for northern residents.

Thousands of MBG Kitchens Suspended Until May 2026

The National Nutrition Agency has suspended thousands of Nutrition Service Units (SPPG) across Indonesia due to hygiene, management, and budget compliance issues. Over 8,000 units have faced suspension since January 2025, with many reinstated after rectifying problems, but 2,213 remain suspended. Further suspensions are expected if units fail to meet distribution targets for vulnerable groups by June 2026.

Indonesia expands fishery export access to China

Indonesia has secured permits for eight additional fishery processing units to export to China, bringing the total to 638. The country exported 491,528 tons of seafood valued at US$1.04 billion to China in 2025, with frozen squid and seaweed among the top commodities. Officials stress maintaining quality standards to enhance global competitiveness.

Bakom: Government subsidies maintain purchasing power amid rupiah depreciation

The Government Communications Agency (Bakom) stated that energy subsidies and social assistance programmes are supporting household finances, particularly for low-income groups, as the rupiah weakens against the US dollar. Finance Minister Purbaya Yudhi Sadewa confirmed the currency's depreciation to Rp17,800 is within government projections and has not affected the national budget, with emphasis on sustaining economic growth to strengthen the rupiah.

Open University of Indonesia Physics Education Study Programme Holds AI Training for Senior High School Physics Teachers

The Open University of Indonesia's Physics Education Study Programme has conducted a training session for South Tangerang physics teachers, integrating AI tools such as ChatGPT and Nearpod into lesson planning. The initiative aims to enhance interactive teaching methods, with participants developing materials to be showcased in a 2026 exhibition. This collaboration between universities and schools seeks to modernise physics education through digital innovation.

Social Affairs Minister highlights positive progress of Kupang People's Junior High School students

Social Affairs Minister Gus Ipul praised the improved confidence and optimism of students at Kupang People's Junior High School, crediting structured education and support facilities. Statistics Indonesia chief Amalia Adininggar Widyasanti commended the programme's success in uplifting children from the poorest households, highlighting the role of targeted data systems in ensuring effective assistance.

Changes to Telkomsel's Board Composition

Telkomsel's shareholders, Telkom Indonesia and Singtel, have appointed Muhammad Yusuf Ateh as a commissioner effective 1 June 2026 to strengthen governance and strategic leadership amid industry dynamics. The move aligns with the telecom sector's post-consolidation recovery, focusing on value-driven competition and innovation. Telkomsel plans to accelerate growth through 5G investments, digital services, and AI-driven solutions to support national digital transformation.

New US Threats Against Iran

US Defense Secretary Pete Hegseth has warned of potential military action against Iran while affirming the administration's focus on preventing Tehran from acquiring nuclear weapons. Although President Trump prefers diplomatic avenues, the White House has indicated he is nearing a decision on a potential deal, even as Iran denies any final agreement. Meanwhile, recent drone incidents and continued military posturing have heightened regional tensions despite ceasefire efforts.

OSO Pays Condolences, Recalls Long Friendship with Ryamizard Before Military Career

Hanura Party chairman Oesman Sapta Odang visited the late Ryamizard Ryacudu's family home in Bogor, remembering their decades-long friendship dating back to before Ryamizard's military career. OSO described him as brave and loyal, highlighting his steadfast commitment despite not being easily approachable.

New 'Hell on Earth' Phenomenon in Europe: UN Issues Stern Warning

The United Nations has issued a stern warning about worsening climate crises linked to fossil fuel dependence, as record-breaking heatwaves across Europe and India cause fatalities and extreme conditions. With France and the UK recording their hottest May days on record, and India facing deadly wildfires and air quality crises, the UN stresses the urgent need to phase out fossil fuels to protect lives and economies.

InJourney Airports Ready to Handle Return of 200,000 Hajj Pilgrims

InJourney Airports has confirmed preparations to manage the return of over 200,000 Hajj pilgrims across 14 Indonesian airports from 1 June to 1 July 2026. The company is prioritising seamless processes, including dedicated facilities for elderly and disabled passengers and coordination with government agencies to ensure smooth arrivals. These measures aim to support pilgrims returning from Saudi Arabia before they continue their journeys home.

Megawati Weeps While Recalling Ryamizard's Role in Aceh Disaster Response

Former President Megawati Soekarnoputri mourned the passing of Defence Minister Ryamizard Ryacudu, recalling his decisive role in constructing a Bailey bridge during the Aceh disaster response. She praised his unwavering dedication to the nation and character as a true statesman-soldier, highlighting his commitment to public service during crises.

PTPN IV PalmCo Confirms Continued TBS Purchases from Farmers Amid Palm Oil Price Volatility

PTPN IV PalmCo has confirmed continued procurement of fresh fruit bunches (TBS) from farmers despite regional price volatility in the palm oil sector. The Ministry of Agriculture has warned of sanctions against 139 private mills suspected of buying below government-set prices, while PTPN's stable purchasing practices have safeguarded farmer incomes, particularly in South Kalimantan and Riau.

Ryamizard Ryacudu Passes Away, Ministry of Defence to Hold Final Honours Before Burial

Former Defence Minister Ryamizard Ryacudu has died, with the Indonesian Ministry of Defence planning a state funeral ceremony on 1 June 2026. The military funeral, to be held at Kalibata National Heroes' Cemetery, will honour his contributions to national defence during his tenure under President Joko Widodo.

Incense Warehouse in Tabanan's Marga Burns Down, Estimated Loss Rp 400 Million

An incense warehouse in Tabanan, Bali, was destroyed by fire on Sunday, with estimated losses of Rp 400 million. The blaze, suspected to have been caused by embers from a religious ceremony, underscores the vulnerability of businesses dealing with flammable ritual materials. Local authorities have confirmed the incident's impact on the affected business owner.

KPK Urged to Immediately Question Customs Chief Over Blueray Bribery Case

Experts have urged the Corruption Eradication Commission (KPK) to urgently question Customs Director General Djaka Budhi Utama over alleged bribery linked to Blueray Cargo, as his name appears in court documents. Anti-money laundering specialist Yenti Garnasih questioned why KPK has not summoned him despite evidence of bribes, including a S$213,600 envelope. She also called on the Finance Minister to suspend his duties to avoid setting a negative precedent for the institution.