Indonesian Political, Business & Finance News

Archive: 31 May 2026

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Defence Ministry: General Ryamizard a Dedicated and Patriotic Leader

Former Defence Minister General Ryamizard Ryacudu, who served under President Joko Widodo, has passed away at the age of 76. The Ministry of Defence is honouring his contributions with a state military funeral at the National Heroes' Cemetery in Kalibata, Jakarta.

Family Loses Contact with Yasinta Moiwend Before Appearing at Jakarta Metropolitan Police Headquarters

The family of Yasinta Moiwend, a Marind-Anim tribe leader from South Papua, has lost contact with her since 24 May 2026 after she was allegedly taken without consent. She subsequently reported the director of Merauke Legal Aid Foundation for suspected data privacy violations linked to the documentary 'Pesta Babi', with family members claiming intimidation and an attempt to undermine their ancestral land rights struggle.

Ngrombo Station in Grobogan Handles 10,000 Passengers During Late May 2026 Long Holiday

Ngrombo Station in Grobogan handled over 10,000 passengers during the late May 2026 long holiday period, with significant weekend surges. KAI Daop 4 Semarang attributed the rise to religious holidays coinciding with weekends, noting trains as the preferred choice for comfort, safety, and punctuality. Key destinations included Jakarta, Surabaya, and Semarang.

Pekanbaru Disaster Management Agency Records 61 Land Fire Incidents from January to May 2026

Pekanbaru has recorded 61 land fire incidents between January and May 2026, burning a total of 34.94 hectares. The city has declared a disaster emergency status until November, with authorities urging residents to avoid burning waste or clearing land by fire to prevent further outbreaks.

Yasinta Moiwend Denies Private Jet Allegations

Papuan indigenous leader Yasinta Moiwend has denied allegations that she was forced onto a private jet to travel to Jakarta, stating her trip was self-funded and aimed at pursuing legal action over unauthorised use of her image in a documentary. Authorities have registered her complaint under the Personal Data Protection Law, while intelligence reports indicate disinformation campaigns attempting to distort the facts.

Ministry of Marine Affairs and Fisheries Drives Indonesian Super Red Arowana Into Global Markets

Indonesia's Ministry of Marine Affairs and Fisheries is promoting the development of the ornamental fish sector, particularly the Super Red Arowana from West Kalimantan, as a premium commodity with competitive advantage in international markets. The Ministry has supported the APPS International Arowana Contest 2026 in Pontianak, which brought together 192 of the finest Super Red Arowana specimens from nine countries, facilitating international collaboration between government, communities, businesses, and participants to strengthen legal and sustainable ornamental fish trade networks. The initiative aims to expand global promotion of Indonesian Arowana whilst ensuring strict compliance with national and international regulations, including CITES Appendix I protections.

European Union Considers Freezing Russia's Oil Price Cap

The European Union is weighing a temporary freeze on Russia's oil price cap amid Middle East tensions, which have driven up global oil prices and disrupted Strait of Hormuz shipping. The move aims to prevent Russia from capitalising on current high prices, with options including halting automatic increases or capping rises at $60 per barrel. This forms part of the EU's 21st sanctions package against Russia since the 2022 Ukraine invasion.

Prabowo Expected to Attend Funeral of Former Defence Minister Ryamizard on Monday

President Prabowo Subianto is expected to attend the military funeral of former Defence Minister Ryamizard Ryacudu, who passed away at 76. Ryamizard, known for his humanitarian approach during Aceh operations and professional military ethos, served under multiple Indonesian administrations and was a key figure in the armed forces.

Why Has Danantara's Financial Report Not Been Released? Here's the Explanation

Danantara Indonesia's COO Dony Oskaria has explained that the delay in releasing the agency's financial report stems from consolidating the accounts of all 1,000 state-owned enterprises (BUMN), which are still being finalised. The process, including nearly Rp100 trillion in asset impairments, must be completed by 30 June 2026 under Company Law to ensure transparency in BUMN management.

Fonts Are More Than Just Text: Their Impact on Consumer Trust

Typography significantly shapes consumer trust and brand perception, with different typefaces evoking distinct psychological responses. Experts at Universitas Nusa Mandiri stress that businesses must strategically choose fonts to project professionalism and credibility, particularly in digital spaces. The university now incorporates typography psychology into its digital business curriculum to prepare students for modern branding challenges.

Taufan Rahmadi: From Newspaper Boy to Danantara Senior Vice President

Taufan Rahmadi, once a newspaper delivery boy in Lombok, now serves as Senior Vice President at Danantara, Indonesia's state wealth management agency. His contributions to Lombok's halal tourism success and government roles in tourism development highlight his journey from humble beginnings to national leadership. His story underscores resilience and the enduring value of grassroots experience.

KAI Urges Passengers to Report Sexual Harassment

PT Kereta Api Indonesia (KAI) has implemented strict measures to combat sexual harassment on its services, including permanently blacklisting offenders and introducing a Female Seat Map feature. Collaborating with the Railfans Community, the state-owned enterprise has also conducted safety education at level crossings and is monitoring passenger volumes during holidays. KAI stresses zero tolerance for harassment and encourages immediate reporting through designated channels.

Academics and National Figures Urge Reinforcement of Civil Society's Role

Academics and national figures have called for reinforcing civil society's role to ensure Indonesia's democracy remains substantive and serves public interests. They highlighted historical contributions of civil organisations and current challenges such as democratic regression, stressing the need for concrete actions, quality education, and equitable distribution of public goods like healthcare and moral values to sustain democratic progress.

PSI Announces Jokowi's Lampung Visit from 26-28 June: Welcomed by Gibran's Cadres and Volunteers

The Solidarity Party (PSI) has announced President Jokowi's scheduled visit to Lampung from 26 to 28 June 2026, with support from PSI cadres and Gibran's volunteers. The trip, which includes cultural events and infrastructure projects, reflects public demand following Jokowi's developmental contributions to the province.

South Sumatra Forest and Land Fires Reach 182.54 Hectares from January to April 2026, Higher Than 2024 and 2025 Levels

Forest and land fires in South Sumatra totalled 182.54 hectares from January to April 2026, exceeding the same periods in 2024 (144.2 hectares) and 2025 (5 hectares), though still below the 2022 and 2023 figures. Authorities are ramping up monitoring and prevention measures as the dry season approaches to reduce fire risks in vulnerable regions.

KAI blacklists sexual harassment offenders on trains

PT Kereta Api Indonesia (KAI) has blacklisted passengers guilty of sexual harassment on trains as part of its zero-tolerance policy. The company has taken action against nine offenders between 2024 and 2026, while implementing enhanced safety measures including CCTV, patrols, and reporting channels. KAI urges passengers to report incidents to maintain a safe and respectful travel environment.

3,031 Teachers Officially Certified as Professional Teachers

Over 3,000 teachers have been certified as professionals through UIN Sunan Kalijaga's In-Service Professional Teacher Education Programme, reinforcing Indonesia's commitment to enhancing education quality. The initiative focuses on strengthening Islamic Religious Education and madrasah teachers, emphasising critical thinking, communication skills, and character development to meet evolving educational challenges.

Indonesia offers 0 percent tax incentive for compliant exporters

Indonesia's Finance Minister has introduced a 0% tax incentive for exporters complying with regulations requiring foreign exchange earnings from natural resources to be deposited domestically. The measure aims to bolster domestic foreign reserves and provide a more favourable tax treatment compared to standard 20% rates on other instruments, with varying deposit requirements for oil/gas and non-oil/gas sectors.

Biak Numfor Police Chief confirms WWII-era bomb explosion kills five in Biak

A World War II-era bomb explosion in Biak has killed five people and left three missing, with four houses damaged. Authorities, including police and military units, are continuing search operations for the missing, with efforts set to resume on Monday due to high tide. The area has been secured to prevent further incidents from unexploded ordnance.

Woman Found Dead in Gianyar Guest House Room Due to Suspected Hypertension

A 55-year-old woman was discovered deceased in her Gianyar guest house room, with suspected hypertension as the cause. Police confirmed the family declined an autopsy after initial checks showed no signs of foul play.

16-Year-Old Girl Arrested Over Suspected Motorbike Theft in NTT

A 16-year-old girl in East Flores, NTT, has been arrested on suspicion of stealing a motorbike. Police acted swiftly, apprehending her within 24 hours of the victim's report. Authorities will coordinate with child protection services to ensure her rights are protected during legal proceedings.

Soekarno-Hatta Airport Prepares for 2026 Hajj Pilgrims' Return

Soekarno-Hatta International Airport is preparing to welcome 34,853 Indonesian Hajj pilgrims returning from the holy land in June 2026, with operations concentrated at Terminal 2F. Measures include streamlined arrival procedures, baggage handling, and the use of the Auto Gate system for customs declarations. Authorities have urged families to avoid terminal pick-ups to prevent congestion and ensure smooth operations.

Government Offers Tax Incentives to Retain Natural Resource Export Proceeds Domestically

The Indonesian government has introduced tax incentives to encourage exporters to retain foreign exchange earnings from natural resources domestically, starting June 2026. Non-oil and gas exporters must hold 100% of these funds in domestic accounts for at least a year, while oil and gas exporters need to retain 30% for three months, with tax rates potentially reduced to zero. The move aims to strengthen domestic currency reserves and provide more competitive returns compared to standard investments.

Remains of Ryamizard Ryacudu to Lie in State at Ministry of Defence Before Military Burial at Kalibata National Heroes Cemetery

Former Defence Minister Ryamizard Ryacudu's remains will lie in state at the Ministry of Defence on Monday, 1 June 2026, prior to a state military burial at Kalibata National Heroes Cemetery. Defence Minister Sjafrie Sjamsoeddin will preside over the ceremonies, paying tribute to his contributions as a military leader and statesman who dedicated his life to Indonesia.

Buddhists lit Peace Lamp as part of Vesak celebration

Indonesian Buddhists lit a peace lamp during Vesak celebrations, symbolising wisdom, compassion, and universal harmony. The event, attended by thousands, aligns with government calls for promoting tolerance and peaceful coexistence in Indonesia's diverse society.

The Face of Religion, Tradition, and Sacrifice in Indonesia

The article explores how Islamic religious practices and Indonesian traditions intertwine, particularly in the context of qurban during Eid al-Adha. Referencing anthropologist Clifford Geertz's work, it examines how Islam adapts to local cultures, creating unique expressions of faith. The piece notes that while qurban is a religious obligation, associated traditions like communal satay barbecues have evolved as cultural customs.

France: Israel’s Military Operation in Lebanon 'Deeply Concerning'

France has raised urgent concerns over Israel's deepening military operations in Lebanon, calling for an emergency UN Security Council meeting and warning of regional instability. The French foreign minister highlighted the economic repercussions of Hormuz Strait disruptions on global and French markets, while Lebanon's culture minister condemned the destruction of historical and archaeological sites. The latest Israeli incursion, the most extensive since 2000, risks eroding Lebanon's cultural heritage amid ongoing regional tensions.

Cirebon Agriculture Department Works to Maintain Rice Production at 300,000 Tonnes Annually

Cirebon Regency's rice production currently stands at 350,000-360,000 tonnes annually, with a 90,000-tonne surplus, down from 110,000 tonnes a decade ago. The decline is attributed to reduced agricultural land and population growth. The local agriculture department is securing water supplies and accelerating planting schedules to mitigate drought impacts and sustain rice output.

Banjarmasin Hajj Contingent BDJ 01 Completes Pilgrimage Rituals, Prepares to Return Home

Banjarmasin's Hajj contingent BDJ 01 has successfully concluded its rituals and is preparing to return home, following the deaths of three pilgrims. All 359 remaining pilgrims are in good health, with only minor ailments reported. The group will depart Jeddah on 3 June aboard Garuda Indonesia flight GA-8401, arriving in Banjarbaru on 4 June.

PRR Task Force Provides Modern and Sustainable Clean Water Services for Disaster Survivors

The PRR Task Force is advancing sustainable clean water infrastructure in disaster-affected regions of Aceh, North Sumatra, and West Sumatra, with projects including a water treatment plant under construction in Aceh Tamiang and upgrades to existing systems. Minister Dody Hanggodo stressed the importance of securing reliable water sources year-round, ensuring long-term resilience against seasonal variations and disaster impacts.

Cimahi Traffic Police report surge in tourist traffic in Lembang area

Cimahi Traffic Police reported a significant rise in tourist vehicle volumes during the long weekend, causing congestion on key routes including Colonel Masturi and Tangkuban Parahu roads. Authorities deployed 80 officers to manage traffic and addressed a bus accident in Parongpong where the vehicle fell into a drainage channel. They advised tourists to comply with traffic guidance and ensure vehicle safety for smooth travel.

Lenteng Agung Road Subsidence Repair Targeted for Two-Day Completion

Jakarta's Water Resources Department and Bina Marga are working to repair a subsided section of Lenteng Agung Timur Road by Tuesday after a sinkhole disrupted traffic. The collapse, caused by aging drainage infrastructure and land use changes, has highlighted the need for city-wide drainage system reviews. Authorities are prioritising restoring access to Depok, a critical commuter route.

Danantara Confirms Ongoing Consolidation of All State-Owned Enterprises' Financial Reports

Danantara's COO Dony Oskaria stated that the company is currently consolidating the financial reports of all state-owned enterprises (SOEs), with the process expected to conclude by June 2026. The consolidation includes significant accounting adjustments, including nearly Rp100 trillion in impairments, as part of efforts to enhance fiscal transparency and corporate governance.

Staying in the Heart of Jogja with Artistic Touch and Comfort

Klook's latest report highlights evolving tourism trends in Indonesia for 2026, with Millennials and Gen Z favouring experiential travel and authentic secondary cities. Visitor numbers to the new capital region (IKN) surpassed 10,852 on 16 May, driven by high demand from South and Central Kalimantan during holidays. Luxury yacht tourism, wellness retreats, and attractions like Labuan Bajo and Mount Bromo are also gaining popularity.

Danantara CEO Guarantees Transparent Exports via PT DSI

The Indonesian government has launched PT Danantara Sumberdaya Indonesia (DSI) to centralise strategic natural resource exports under a single-window system, aiming to enhance transparency and prevent fraud such as under-invoicing and foreign exchange leaks. Commodity exports including coal, palm oil, and ferro alloy will be channelled through the state-owned enterprise, with exporters required to report activities during the transition period until December 2026.

Starting a War is Easier Than Ending It – Here's Why

Modern warfare's tactical transparency, driven by drones and sensors, has led to unprecedented casualties and stalemates, with global state-based conflicts at a 78-year high. The Uppsala Conflict Data Program records 65 active conflicts in 2025, including eight interstate wars, while Russia and Ukraine suffer staggering losses equivalent to 1 in 25 and 1 in 16 able-bodied men respectively. Analysts warn this technological stalemate poses significant risks to global stability.

7 Latest Film Streaming Apps for Mobile Phones

Indonesian users have access to multiple streaming apps offering legal, on-demand content without downloads. Platforms like Netflix, Disney+ Hotstar, Viu, and iQIYI cater to diverse tastes, from Hollywood blockbusters to Asian dramas, with collaborations like WeTV and Telkomsel enhancing user benefits. These services provide a wide range of genres and support multiple devices, ensuring convenient entertainment access.

Residents Report Road Sinking and Bumps Before Lenteng Agung Street Collapse

Residents in South Jakarta reported the road had been sinking and undulating before its collapse on 28 May 2026. Despite temporary asphalt repairs, the road collapsed again the same night, prompting criticism over inadequate infrastructure maintenance. Authorities are urged to address underlying issues beyond surface-level fixes.

Kulon Progo Upgraded: Jatimulyo Tourism Village Receives Halal Certification Directly from Minister

The Indonesian government has accelerated halal certification for tourism villages as part of its strategy to strengthen the national tourism ecosystem, with 31,548 certificates issued across 1,116 villages in 34 provinces by May 2026. Kulon Progo’s Jatimulyo Village, with 123 certified businesses, exemplifies how this initiative boosts local economies and enhances competitiveness for both domestic and international tourists.

BRImo Offers Special 25% Discount on Prambanan Jazz Festival 2026 Tickets

Bank Rakyat Indonesia (BRI) has launched a 25% discount on Prambanan Jazz Festival 2026 tickets via its BRImo app, running until 2 July 2026. The event, set in Yogyakarta’s Prambanan Temple, blends world-class music with cultural heritage while supporting local small and medium enterprises. BRImo’s growing user base and transaction volumes underscore its status as a leading digital banking platform in Indonesia.

Makassar City Government Launches Makassar Move Feature on Lontara+ to Boost Citizen Engagement

The Makassar City Government has introduced the Makassar Move feature on its Lontara+ app to promote healthy lifestyles and active citizen involvement in monitoring public infrastructure. The platform tracks physical activities and allows users to report issues such as damaged footpaths and potholes, with points-based rewards for participation.

Two Illegal Loggers Arrested in South Lampung Protected Forest

Two individuals have been arrested for illegal logging in South Lampung's protected forest, one a repeat offender and the other the driver. Authorities have stressed the importance of law enforcement to prevent further forest degradation and deter future offenders. The suspects face up to five years in prison and a fine of up to Rp2.5 billion under Indonesia's forestry protection laws.

East Kalimantan Corrections Directorate grants remission to six Buddhist inmates on Vesak Day

East Kalimantan’s Directorate General of Corrections has granted remission to six Buddhist inmates on Vesak Day 2026, recognising their rehabilitation progress and compliance with prison rules under Law No. 22/2022. The remission does not result in immediate release but aims to motivate other inmates to maintain good behaviour. The regional office confirmed all processes were transparent and part of the government’s commitment to inmate reintegration.

Man arrested after extorting Jakarta-registered vehicle during Persib championship parade

A man has been arrested for extorting a driver during Persib's championship parade in Bandung, allegedly demanding Rp50,000 while under the influence of alcohol. The incident, which went viral on social media, led to police action despite no initial victim report. He is currently detained and under investigation at Coblong Police Station.

Minister ensures Prambanan Temple's readiness ahead of school holidays

The Indonesian Tourism Minister has confirmed preparations at Prambanan Temple and Yogyakarta's Tugu Station to ensure visitor safety and comfort during the upcoming school holidays. The ministry's 'A New Way to Vacation' campaign promotes domestic travel options, including AI-driven itinerary planning via Indonesia.travel, aiming to strengthen family bonds and showcase Indonesia's cultural and natural attractions.

Sacrificial Meat Distribution in 3T Regions Strengthens Food Security

Indonesian organisations including PT PLN Energi Primer Indonesia and various religious and corporate entities have distributed sacrificial meat across remote and underdeveloped regions to bolster food security and social welfare. The efforts, aligned with Sustainable Development Goals, aim to provide essential protein sources to vulnerable communities and strengthen local economies through inclusive aid distribution.

Commodity Futures Trading Shows Positive Growth as Digital Platforms Emerge

Indonesia's commodity futures trading transactions surged to Rp33.214 trillion in 2024, with a projected 49.8% year-on-year increase to Rp48.867 trillion in 2025. As digital trading platforms such as Invetra emerge to cater to investor demand, the country's digital economy is forecast to reach $360 billion by 2030.

Finland pledges £2 million (Rp47.98 billion) to support Rohingya refugees in Bangladesh

Finland has committed an additional £2 million to aid Rohingya refugees in Bangladesh as global funding diminishes. The UNHCR warns that vulnerable groups, including women, children, and new arrivals, face severe hardships due to overcrowded camps and declining support. The 2026 Joint Response Plan requires $710.5 million to address the needs of 1.56 million people.

How to Avoid Becoming a Victim of Double Land Titles

Double land title cases in Indonesia, stemming from administrative errors or legitimate duplicate certificates, frequently lead to disputes and legal battles. Legal expert Adyanisa Septya Yuslandari emphasises the need for thorough due diligence, including verifying ownership history, checking for court disputes, and confirming certificate authenticity. The Ministry of ATR/BPN has also warned owners of pre-1997 land certificates to update their data as outdated cadastral maps are being digitised.

Purbaya Highlights DSI's Market Impact, Urges Investors to Buy Himbara Shares

Finance Minister Purbaya Yudhi Sadewa stated that PT Danantara Sumber Daya Indonesia (DSI) will enhance transparency and profitability for public companies while strengthening Himbara banks' liquidity through centralised export proceeds. He noted the positive impact should already reflect in share prices and advised investors to purchase Himbara shares amid recent dips.