Indonesian Political, Business & Finance News

Archive: 10 June 2026

Showing 551-600 of 1,647 articles

Prabowo Reveals Reason for Repeated Presidential Bids: Indonesia on Wrong Track Since the 90s

President Prabowo Subianto has disclosed that his persistent pursuit of the presidency, despite four electoral defeats, stemmed from a conviction that Indonesia had been heading in the wrong direction since the 1990s. Speaking at the opening of the HIPMI XVIII National Conference in Bandar Lampung, he detailed his political journey from the 2004 Golkar convention through to his eventual victory in 2024. Prabowo insisted his ambition was driven by a desire to correct the nation's course rather than a mere hunger for power.

Aneka Tambang (ANTM) Agrees to Distribute IDR 5.04 Trillion Dividend

PT Aneka Tambang Tbk (ANTM) has approved a dividend payout of IDR 5.04 trillion, representing 70% of its 2025 net profit. The strong performance was driven by a 106% surge in net profit to IDR 7.92 trillion, primarily supported by its gold business. This translates to a dividend yield of 7.63% based on a share price of IDR 2,750.

After Days of Turmoil, JCI Finally Rebounds

The Jakarta Composite Index (JCI) surged 2.71 percent on Wednesday, buoyed by investor approval of government interventions and a stronger rupiah. The bounce was driven by state-backed share buyback plans and an emergency rate hike by Bank Indonesia, even as regional markets fell on geopolitical tensions. The broad rally saw all eleven sectors advance, led by transport and logistics stocks.

US Strikes Southern Iran, Six Explosions Heard

American fighter jets struck multiple locations in Iran's southern Hormozgan province, with at least six explosions reported in areas including Sirik, Qeshm Island, and Minab. The attacks, which Iran claims damaged civilian infrastructure such as a telecommunications tower, were launched in retaliation for the downing of a US Army Apache helicopter. The escalation has heightened geopolitical tensions, impacting regional stability and causing the Indonesian rupiah to weaken significantly against the US dollar.

International Islamic Expo 2026 Targets Rp115 Billion in Transactions

The International Islamic Expo 2026 aims to generate Rp115 billion in transactions, up from Rp103 billion last year, when it convenes in Jakarta this June. The event will gather global stakeholders in halal tourism, Umrah and Hajj services, and Islamic finance, with Bank Syariah Indonesia returning as the official banking partner. The Ministry of Tourism is backing the expo as a strategic platform to boost the nation's halal tourism sector and enhance Indonesia's global competitiveness.

Health Ministry Insists on Standardised Cigarette Packaging Plan Despite Rejection

Indonesia's Ministry of Health is pressing ahead with a draft regulation to enforce plain, standardised packaging for tobacco and electronic cigarettes, arguing it is essential to reduce the products' appeal to children and teenagers. The policy has met with opposition from other ministries and cross-sectoral stakeholders concerned about economic impacts, employment, legal certainty, and trademark protection. The ministry maintains that public health protection must take precedence despite ongoing inter-ministerial debate.

President Prabowo affirms nationalism as the primary engine of economic growth

President Prabowo Subianto has asserted that strong nationalism is essential to stimulate and sustain a nation's economic growth, citing the examples of major economies such as Japan and the United States. Speaking at the national conference of the Indonesian Young Entrepreneurs Association, he urged young business leaders to adopt a patriotic spirit and keep their capital at home. The government aims to position Indonesia as the world's fourth-largest economy by 2045 through industrial strengthening and the independent utilisation of the domestic market.

Bekasi Regency People's School Ready to Operate in New Academic Year

The Bekasi Regency government has confirmed that the People's School (Sekolah Rakyat) facility and its supporting infrastructure are ready to begin teaching and learning activities by the end of the month. The school, located in Cikarang Pusat, will initially accommodate up to 270 students from impoverished and extremely impoverished families across primary, junior high, and senior high school levels. This initiative is part of the central government's commitment to expanding educational access for underprivileged families to prevent dropouts due to economic hardship.

Yahya Zaini: I Am Not Involved in Corruption at the National Nutrition Agency

Indonesian legislator Yahya Zaini has denied allegations of corruption linked to the National Nutrition Agency (BGN) and the free nutritious meal (MBG) programme, dismissing the claims as slander. His denial follows a lawyer's statement that a former agency official has named over 20 individuals from the executive, legislative, and judicial branches as suspected participants in governance corruption.

West Bandung Woman Divorced After Wedding Night Following Revelation of Alleged Rape by Father

A woman in West Bandung, West Java, was divorced by her husband on their wedding night after she disclosed she had allegedly been raped by her own father for eight years. The revelation emerged spontaneously after the consummation of the marriage, leading the husband to immediately inform both families and subsequently end the union. The case is now being handled by child and women's protection authorities amid complexities in gathering evidence.

RI Govt to deploy policy synergy to boost rupiah in second semester

The Indonesian government projects the rupiah will gradually strengthen in the second half of 2026 following recent global pressures. Policy interventions are being deployed to bolster investor confidence, including improved fiscal-monetary coordination, enhanced management of export proceeds, and Bank Indonesia's interest rate hike to 5.5 percent. The currency has already shown positive momentum after adjustments to non-subsidised fuel prices and sustained foreign appetite for state bonds.

Health Minister Says BPJS Services Equal for All Participants Regardless of Contributions

Health Minister Budi Gunadi Sadikin has reiterated that Indonesia's BPJS Kesehatan operates on a mutual cooperation principle, not a commercial one, meaning higher contributions do not entitle participants to superior services. He stressed the programme's essence is fairness and equitable healthcare protection for all 280 million citizens, similar to the tax system where higher payments do not grant better public facilities. The government is pushing the Standard Inpatient Class (KRIS) implementation to ensure minimum service standards are equalised across the board.

Non-subsidised Fuel Prices Rise, Bandung Mayor Prepares Operational Efficiency Measures

The Mayor of Bandung has announced operational efficiency measures in response to a government-instituted rise in non-subsidised fuel prices, which climbed to Rp16,250 per litre. Mayor Farhan indicated that public sector spending on official travel and catering would be reduced, though public service delivery would not be compromised. A primary concern remains the high cost of fuel for municipal waste collection vehicles, which is already around Rp24,000 per litre.

Jakarta Council Optimistic About Increased Regional Regulation Output

The Jakarta Regional House of Representatives (DPRD DKI) is confident it can significantly boost both the quantity and quality of regional regulations by 2026. Key legislative priorities include finalising bylaws on women's protection, narcotics prevention, and a comprehensive drinking water supply system. The council aims to align these regulations with the needs of residents and the city's development goals.

Ministry of Population and Family Development Strengthens Family Role to Protect Children Online

The Ministry of Population and Family Development (Kemendukbangga/BKKBN) has outlined its role under a new presidential regulation on online child protection, focusing on prevention through family education. Ministerial officials emphasised a nationwide strategy anchored in families, educational institutions, and the wider community. The coordinated effort involves 15 ministries and agencies to build a protective ecosystem for children's digital development.

Stories of Invitations from the US to Russia: Prabowo Says, 'Would I Dare Not Attend?'

President Prabowo Subianto has defended his extensive foreign travel, arguing that as the leader of a friendly nation, he cannot afford to decline invitations from superpowers such as the United States and Russia. He posed this rhetorical question during a speech at the Indonesian Young Entrepreneurs Association (Hipmi) national conference in Lampung, stating it would be unthinkable for the Indonesian president to snub an invitation from the American president. Prabowo emphasised that Indonesia's position as a major Asian nation with many friends necessitates maintaining cordial relations with all major global players, including China, India, and Brazil.

Indonesia's govt, DPR weigh stimulus after Pertamax price hike

The Indonesian government and lawmakers are evaluating potential stimulus measures to cushion consumers from the impact of a recent increase in Pertamax fuel prices, according to a senior parliamentarian. Finance Minister Purbaya Yudhi Sadewa played down the inflationary risks, arguing the fuel is mainly used by households rather than freight or public transport. State retailer Pertamina has raised Pertamax to Rp16,250 per litre while keeping subsidised Pertalite unchanged.

President Prabowo Recounts Sleeping in Leaky Maung Vehicle: 'For Nationalism'

President Prabowo Subianto has shared an anecdote about his Maung tactical vehicle's roof leaking during heavy rain, underscoring his commitment to using domestically produced goods. Speaking at a young entrepreneurs' conference, he framed his use of the locally assembled PT Pindad vehicle as a necessary example of national pride, despite its imperfections compared to foreign luxury cars. He has requested improvements from the manufacturer but vowed to continue using the vehicle in support of the national defence industry.

Tensions Flare: Iran Launches Missile and Drone Strike on Bahrain

Iran has launched a barrage of missile and drone attacks against Bahrain, which Manama has condemned as a "criminal" act targeting civilians. Iran's Islamic Revolutionary Guard Corps (IRGC) claims the strikes were retaliation for U.S. attacks on southern Iran and were aimed at American military bases, including the U.S. Fifth Fleet facility in Bahrain.

Panoramic Train Popularity Soars, Passenger Numbers Rise 62.32 Percent from January–May 2026

Indonesia's Panoramic Train service saw a significant 62.32 percent surge in passengers during the first five months of 2026, reflecting a broader national trend towards experiential travel. The service, which offers expansive views along Java's southern railway routes, aligns with both domestic tourism growth and global preferences for purpose-driven journeys. State-owned railway operator KAI attributes the increase to a shift in customer preferences where the journey itself is considered part of the holiday.

Expert: Automotive Industry Impacted by Rising US Dollar Exchange Rate

The rising US dollar exchange rate is projected to put pressure on Indonesia's national automotive industry due to high import content in components. An expert from the Bandung Institute of Technology (ITB) warns of increased production costs, eroded margins, and inevitable vehicle price hikes, with manufacturers facing difficulties in planning targets. Industry association Gaikindo remains optimistic the situation will not have a long-term negative impact.

Prabowo Affirms Commitment to Enforce Article 33 of 1945 Constitution

President Prabowo Subianto has pledged to enforce Article 33 of the 1945 Constitution to address economic inequality, arguing the national economic blueprint has strayed from its founding principles. He criticised a system that favours conglomerates, pointing to unfair lending rates where small borrowers face much higher interest than large corporations. The President called for state control over strategic sectors to ensure national wealth is managed independently for the people's prosperity.

AGO Studying Justice Collaborator Request from Former Deputy Head of National Nutrition Agency Sony Sonjaya

The Attorney General's Office is reviewing a justice collaborator application from Sony Sonjaya, a former deputy head of the National Nutrition Agency and a suspect in a corruption case involving the free nutritious meals programme. His lawyer claims over 20 names, including figures from the executive, legislative, and judicial branches, have been submitted to investigators. The AGO is currently analysing the request alongside existing evidence as part of the ongoing probe.

KAI Supports National Energy Resilience, Transports 1.09 Million Tonnes of Fuel in January–May 2026

PT Kereta Api Indonesia (KAI) transported nearly 1.1 million tonnes of fuel between January and May 2026 as part of its role in the national energy supply chain. The state-owned railway company collaborates with Pertamina, BPH Migas, and SKK Migas to ensure reliable distribution of subsidised and commercial fuel across the archipelago. KAI also reported utilising 44.5 per cent of its own 214.3 million litre subsidised fuel quota for passenger and freight operations, underscoring the rail sector's contribution to both public mobility and economic logistics.

Prabowo uses Maung as a show of support for local products

President Prabowo Subianto has stated that his use of the domestically produced Maung tactical vehicle is a concrete example of government support for national industry. He noted that the Indonesian military now uses locally made jeeps and that he personally uses cars manufactured by Indonesians for his daily activities. Prabowo acknowledged the nascent automotive industry still needs time to improve quality compared to foreign luxury brands but emphasised his commitment to fostering industrial independence.

Minister Welcomes Birth of 'Adik Domang', Fresh Hope for Sumatran Elephants

The Indonesian Minister of Forestry has heralded the birth of a critically endangered Sumatran elephant calf in Tesso Nilo National Park. The female calf, born to a mother named Ria, is viewed as a powerful symbol of optimism for species conservation amid ongoing habitat challenges. Regional police affirmed their commitment to supporting biodiversity protection through a 'Green Policing' initiative.

Indonesia: Soldiers sentenced for acid attack on activist

Four Indonesian soldiers from the military's strategic intelligence agency have been sentenced to prison terms of up to three years for a premeditated acid attack that blinded activist Andrie Yunus in one eye. The assault occurred after Yunus helped disrupt a parliamentary meeting discussing a law to expand military roles in civilian posts. Rights groups, including Amnesty International Indonesia, have criticised the sentences as trivialising the severity of the life-threatening attack.

Bandung Prison Visitor Smuggles Methamphetamine in Condom Concealed in Rectum

Officers at Banceuy Prison in Bandung intercepted 19.14 grammes of methamphetamine hidden inside a visitor's rectum using a condom. The suspect, identified as F, was attempting to deliver the drugs to an inmate serving a seven-year sentence for a narcotics case. This marks the second time authorities have thwarted a smuggling attempt using a similar method at the facility.

Malang City Government to Boost Distribution Efficiency of Free Nutritious Meals Programme

The Malang City Government is committed to improving the distribution efficiency of the Free Nutritious Meals (MBG) programme by sharing beneficiary maps with nutrition service units. This aims to prioritise deliveries to the nearest recipients, including schoolchildren, pregnant women, and toddlers, to prevent food spoilage. The city administration is also providing training and ensuring operational compliance, including wastewater treatment facilities for programme kitchens.

Prabowo asserts zero tolerance for corruption in health sector

President Prabowo Subianto has issued a stern warning against corruption and fund misappropriation in public health services during the inauguration of a new regional hospital in Lampung. He directed hospital management to enforce transparent governance and prioritise optimal service delivery, emphasising that state-funded medical institutions must provide direct benefits to the community. The new facility is part of a broader government infrastructure push to expand medical access in remote and developing regions.

Zulhas Orders Cadres to Aid Citizens: Start Sorting Waste at Home

National Mandate Party (PAN) Chairman Zulkifli Hasan has instructed the party's cadres to engage directly with local communities by promoting household waste sorting. He emphasised that solving Indonesia's waste crisis requires a cultural shift at the grassroots level rather than solely relying on downstream processing infrastructure. This initiative is framed as explicit support for President Prabowo Subianto's environmental policy and Presidential Regulation No. 109 of 2025 on waste-to-energy conversion.

Prabowo Brushes Off Foreign Trip Criticism, Cites Jokowi's Example

President Prabowo Subianto has dismissed public criticism regarding his frequent working visits abroad, arguing that Indonesian presidents will always face scrutiny whether they travel often or rarely. He cited his predecessor Joko Widodo, who was criticised for rarely going overseas, as an example. Prabowo reaffirmed Indonesia's commitment to a non-aligned and active foreign policy, emphasising friendships with all global powers.

World Digestive Health Day: Bandung Council Member Urges Citizens to Use Universal Health Coverage for Early Detection

A Bandung city council member has called on residents to pay closer attention to their digestive health and utilise the city's Universal Health Coverage (UHC) scheme for early detection. The appeal was made during the World Digestive Health Day 2026 commemoration, highlighting the critical role of gut health in overall immunity and quality of life. The council member stressed that many people underestimate digestive issues, leading to delayed treatment.

DPR Deputy Chair Abidin Fikri Earns Doctorate for Addressing Regional Medical Staff Disparities

Abidin Fikri, Deputy Chair of Commission VIII of the Indonesian House of Representatives (DPR RI), has been awarded a doctoral degree in law with distinction from Universitas Borobudur. His dissertation examined the regulatory reconstruction needed for equitable medical staff distribution, highlighting that hundreds of community health centres still operate without doctors. The research proposes solutions for the massive disparity in healthcare access between urban areas and remote regions.

OJK Says Banking Intermediation Remains Sound Despite Weak Rupiah

Indonesia's Financial Services Authority (OJK) has stated that the banking industry's intermediation function remains stable despite global uncertainty and a weakening Rupiah that has breached the 18,000-per-dollar mark. The regulator highlighted robust loan growth, ample liquidity, and a strong capital adequacy ratio. OJK is also pushing strategic programmes to accelerate economic growth, including green finance and digital banking development.

Lestari Moerdijat: Transition to a Modern 2045 Electricity Ecosystem is a Must

Deputy Speaker of the People's Consultative Assembly (MPR RI) Lestari Moerdijat has stated that transitioning towards a reliable and sustainable modern electricity ecosystem is an urgent necessity to achieve the Golden Indonesia 2045 vision. She highlighted serious geographical challenges and a mismatch between growing electricity demand and transmission network development. Moerdijat stressed that this transition must be a collective agenda involving all stakeholders, not just the government and state electricity company PLN.

Minister Amran Proposes Rp22.43 Trillion Budget Hike for Agriculture in 2027

Agriculture Minister Andi Amran Sulaiman has proposed an additional budget of Rp22.43 trillion for his ministry in 2027, seeking to nearly double its indicative spending ceiling to around Rp45 trillion. The funds would support strategic programmes across various agricultural directorates, from horticulture to land and irrigation management. The proposal aligns with President Prabowo Subianto's directive to boost domestic production of key food commodities and reduce reliance on imports.

Army Chief Denies School Demolition Allegations for Red and White Village Cooperatives in NTT

Indonesian Army Chief of Staff General Maruli Simanjuntak has dismissed claims that soldiers demolished a school in Ende, East Nusa Tenggara, to make way for a Kopdes Merah Putih programme. A viral video alleged a school building was being dismantled, but military officials clarified that construction equipment merely transited the school grounds to reach a rear site, accidentally damaging a pillar. The military insists the school remains operational and warned that spreading false information could lead to legal consequences.

AGO Studies Justice Collaborator Request from MBG Corruption Suspect Sony Sonjaya

The Attorney General's Office is examining a justice collaborator application from Sony Sonjaya, a suspect in the alleged corruption of the free nutritious meals programme (MBG). His lawyer stated the request aims to reveal other parties involved in the case. Sonjaya is one of three former National Nutrition Agency officials detained over the procurement and operational irregularities.

South Lampung Regency Holds Cheap Market Penetration to Curb Inflation

The South Lampung Regency government has launched a market intervention programme offering essential goods at subsidised prices to combat regional inflation and address shortages of branded cooking oil. The initiative, a collaboration with the provincial trade office and state logistics agency Bulog, is being rolled out across three traditional markets. Officials aim to stabilise prices, protect purchasing power, and extend the scheme if additional stock becomes available.

Iran Exposes Alleged US Deception Tactic in Arms Sales to Kuwait

Iran has accused the United States of staging a drone attack on Kuwait International Airport to facilitate the sale of American-made anti-drone defence systems. The allegations, made by Iran's Foreign Ministry spokesman, claim the incident was a 'false-flag' operation designed to market the systems under the pretext of protection from Iranian aggression. Kuwait reported significant damage and over 60 injuries from the attack, while Iran's Revolutionary Guard suggested the destruction was caused by a malfunctioning Patriot missile system.

Forum Bisnis Sepakati Kerja Sama Pemkab Wonosobo dengan Investor

Pemerintah Kabupaten Wonosobo mengadakan Wonosobo Investment Business Forum (WIBF) 2026 untuk mempertemukan investor dengan potensi bisnis daerah. Forum tersebut menghasilkan sejumlah kesepakatan kerja sama di berbagai sektor, termasuk hilirisasi, guna mendorong pertumbuhan ekonomi lokal. Langkah ini menegaskan komitmen pemerintah daerah dalam menciptakan iklim investasi yang kondusif.

National Police Affirm Commitment to Continuous Improvement to Meet Public Expectations

The Indonesian National Police (Polri) has reaffirmed its dedication to institutional reform, emphasising that public input and oversight are essential for aligning improvements with community needs. Chief of Police General Listyo Sigit Prabowo stated that criticism and aspirations serve as vital evaluation material to strengthen performance, service quality, and accountability. The force is currently refining internal regulations to adapt to complex social dynamics and evolving public expectations.

BI sees Indonesia's 2027 growth at upper end of 5.1-5.9 pct range

Bank Indonesia projects Indonesia's economic growth in 2027 to reach the upper end of the 5.1 to 5.9 per cent range, driven by prudent fiscal policy, national priority programmes, and stronger policy coordination. Governor Perry Warjiyo outlined measures including liquidity incentives for lending to priority sectors and the purchase of government securities to reinforce fiscal and monetary collaboration. The central bank is also accelerating payment system digitalisation and expanding MSME support to underpin sustainable growth.

191 BMKG stations nationwide open for climate mitigation assistance to local governments

Indonesia's Meteorology, Climatology, and Geophysics Agency (BMKG) has opened all 191 of its regional technical units to provide climate mitigation support and data to local governments. The initiative aims to shift the agency's role from upstream forecasting to direct on-the-ground assistance, particularly aiding farmers in adapting to delayed planting seasons caused by prolonged drought. The BMKG is encouraging the agricultural sector to switch to drought-adaptive horticultural commodities and optimise technical irrigation.

KPK Arrests Five BPK Civil Servants Linked to Muara Enim Regent Case

Indonesia's Corruption Eradication Commission (KPK) has arrested five civil servants from the national audit agency (BPK) in a graft case centred on the Muara Enim regency in South Sumatra. The arrests expand an ongoing investigation connected to alleged bribery involving Regent Edison, who was previously detained. The case is believed to involve illicit payments connected to BPK findings regarding the procurement of goods such as Smart TVs.

South Sumatra Police Renovate Homes in Banyuasin to Mark Bhayangkara Day

The South Sumatra Regional Police (Polda Sumsel) have launched a house renovation programme for underprivileged residents in Banyuasin Regency as part of the lead-up to the 80th Bhayangkara Day. The initiative, which includes distributing basic food aid, is portrayed as a tangible form of community service beyond law enforcement duties. Police officials stated the programme supports the government's focus on public welfare by providing safer and more liveable housing.

PDIP Criticises KemenHAM's Rp 728.1 Bn Budget as Only 5% Goes to Human Rights Victims

The PDIP faction has strongly criticised the Ministry of Human Rights' budget allocation, asserting that the vast majority of its Rp 728.1 billion budget is consumed by internal bureaucracy. Lawmaker Rieke Diah Pitaloka highlighted that only around 5-6% of the total funds directly benefit victims or provide tangible human rights protection. The critique underscores a deepening parliamentary concern over the government's spending priorities versus its obligation to redress rights violations.

East Java SPMB 2026 Registration: 315,000 Students Have Collected PINs

Registration for East Java's new student admission system (SPMB) for 2026 has seen high enthusiasm, with over 315,000 junior high school graduates already collecting their mandatory PINs. The Provincial Education Office reports that approximately 90.75 per cent of applicants have successfully completed verification, though the figure represents just over half of the total 618,479 graduates in the region.

Hong Kong Charges Nine in Apartment Fire That Killed 168 People

Hong Kong authorities have formally charged seven individuals and two companies in connection with a devastating fire at the Wang Fuk Court residential complex that killed 168 people last year. The charges, including manslaughter, fraud, and money laundering, mark a significant escalation in the investigation into the November 2025 tragedy. The case has intensified scrutiny on building safety standards and alleged corruption linked to a major renovation project at the site.