Indonesian Political, Business & Finance News

Archive: 11 June 2026

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Sleman Notary Employees Stage Protest, Accuse Land Office of Sluggish Services

Scores of notary employees and PPAT freelancers in Sleman Regency, Yogyakarta, staged a protest at the local Land Office (BPN), accusing it of chronically slow service. The demonstrators presented five key demands targeting delays in document correction, validation of measurement letters, and certificate issuance. The head of the Sleman Land Office acknowledged the complaints, citing human resource constraints and repeated administrative errors, while promising improvements.

Nuclear Neighbour of Indonesia Suddenly Rages at Trump, Summons US Diplomat

India has strongly condemned a US military attack on an oil tanker off the coast of Oman, which left three Indian crew members missing. New Delhi summoned the American Chargé d'Affaires in protest over the strike, which it describes as a direct consequence of the ongoing Middle Eastern conflict. The incident marks the second attack on a commercial vessel carrying Indian nationals in the Persian Gulf region within three days.

Titiek Soeharto urges government to turn rice stocks stored over one year into animal feed

MP Titiek Soeharto has called for government rice reserves stored for more than a year to be repurposed as animal feed rather than distributed as food aid, citing quality concerns. She revealed that up to 1.5 million tonnes of the total 5 million tonnes stockpile is ageing, particularly in East and West Java. Agriculture Minister Andi Amran Sulaiman confirmed a small fraction had spoiled but insisted most of the ageing stock remained salvageable through improved management.

Defence Ministry Requests Additional Budget of Rp195 Trillion for 2027

The Indonesian Ministry of Defence has proposed an additional budget of Rp195 trillion for its 2027 work programme, aiming to bring the total allocation to around Rp334 trillion. Defence Minister Sjafrie Sjamsoeddin stated the request follows an indicative ceiling set by the Finance Ministry and Bappenas at Rp139 trillion, which is far below the ministry's initial proposed requirement of Rp667 trillion. The proposal has been submitted to House Commission I to be forwarded to the Budget Committee for approval.

JD Vance Acknowledges US and Israel Are Not Always Aligned, Calls Netanyahu 'Missteps'

Tensions between the United States and Israel have surfaced publicly after US Vice President JD Vance acknowledged policy differences with Prime Minister Benjamin Netanyahu, stating the Israeli leader had made mistakes in handling the Middle East conflict. The remarks follow reports of a strained relationship between President Donald Trump and Netanyahu, particularly regarding Israel's recent retaliatory strikes against Iran. Vance emphasised that American interests would ultimately take priority over the alliance, signalling a potential shift in the long-standing diplomatic dynamic.

US Bombs Iran Again as Fragile Ceasefire Hangs in the Balance

The United States military launched fresh strikes across Iran on Wednesday, further destabilising a truce teetering on collapse. Washington described the bombing as 'additional self-defence strikes' ordered by President Donald Trump, while Tehran accused the US of deliberately targeting civilian water infrastructure in a calculated war crime. The escalation follows an illegal US-Israeli assault in February and has drawn in Hezbollah, raising fears of a wider regional conflagration.

Face of Suparman, Brutal Murderer of Child During Robbery in Sragen

Police in Sragen, Central Java, have arrested a 53-year-old repeat offender for the brutal murder of an 11-year-old girl during a robbery. The suspect, identified as Suparman alias Blendus, killed the child to steal her family's motorcycle and mobile phone. Authorities confirmed the suspect has two prior convictions for similar violent thefts resulting in death.

With Pertamax at Rp16,250 per Litre, Just How Economical Are Electric Cars? Here's the Calculation

A detailed cost comparison reveals that running an electric vehicle in Indonesia is significantly cheaper than a petrol car, with annual energy savings potentially exceeding Rp18 million. The analysis contrasts the annual Pertamax expenditure of a conventional car against the household electricity costs for various electric vehicle segments, covering 20,000 kilometres per year. The calculation underscores the growing economic appeal of EVs amidst rising conventional fuel prices.

Government Denies Inability to Restrain Pertamax Price, Points to Culprit Behind the Rise

The Indonesian government has rejected claims that state oil giant Pertamina could no longer hold back price increases, attributing the recent Pertamax spike to its non-subsidised status and rising global crude oil prices. A senior official clarified that by law, non-subsidised fuel prices must follow market rates. Despite the increase to Rp 16,250 per litre, the government asserts the new price remains below the actual economic value.

Disaster Mitigation to Cyber Security: Krakatau Posco Educates Cilegon Students

PT Krakatau Posco has launched an educational programme for students in Cilegon, focusing on safety, health, and digital security. The initiative, involving global volunteers, covers disaster mitigation, first aid, and cyber security. The local government has praised the company for embedding a culture of safety within the wider community.

HIPMI XVIII National Conference Overflows, Committee Asks Attendees to Sit on Floor

The 18th National Conference of the Indonesian Young Entrepreneurs Association (HIPMI) in Bandar Lampung faced overcrowding, forcing organisers to ask attendees without seats to sit on the floor to maintain order ahead of President Prabowo Subianto's arrival. The event, held to elect the association's chairman for the 2026-2029 period, saw at least 2,500 ID cards distributed, exceeding the ballroom's capacity. Tight security was deployed around the venue, causing significant traffic congestion in the surrounding area.

Commentary: Comparing the Straits of Malacca and Singapore to Hormuz is a fallacy

Analysts argue that equating the strategic vulnerability of the Straits of Malacca and Singapore with the Strait of Hormuz is deeply flawed due to geographical, legal, and political differences. Unlike the singular chokepoint of Hormuz, Southeast Asian waterways offer multiple re-routing options, and the littoral states' commitment to UNCLOS and established cooperative mechanisms ensures a fundamentally different and more resilient governance architecture. The commentary highlights Indonesia's swift rejection of a proposed transit toll, reinforcing the regional consensus that prosperity depends on keeping these sea lanes open.

Commentary: Indonesia hits the panic button over the rupiah

An emergency interest rate hike by Bank Indonesia has only provided a temporary lift to the rupiah, as investors remain rattled by a series of populist policies under President Prabowo Subianto. The currency's slump, the worst in the region, is being exacerbated by moves to control exports, politicise the central bank, and expand the role of security forces in civilian life. Restoring lasting confidence will require a definitive policy shift away from grandiose spending and a return to credible budget discipline.

Agriculture Minister says BRIN researchers to strengthen BRMP for food self-sufficiency

Agriculture Minister Andi Amran Sulaiman has announced a strategic plan to deploy around 1,000 researchers from the National Research and Innovation Agency (BRIN) to the Agency for Agricultural Assembly and Modernisation (BRMP). The move aims to revitalise the underutilised BRMP facilities across Indonesia and accelerate research to achieve national food self-sufficiency. The scheme, formalised through a cooperation agreement signed in June 2026, will see BRIN researchers work at BRMP locations while remaining BRIN employees.

Fuel Price Hike: Bandung Mayor Urges Civil Servants Not to Commute by Private Vehicle

Bandung Mayor M Farhan has called on municipal civil servants to adopt efficiency measures, including carpooling or avoiding private vehicle use for commuting, following a sharp rise in non-subsidised fuel prices. The adjustment saw Pertamax increase from Rp 12,300 to Rp 16,250 per litre, prompting the city administration to consider significant cuts to operational spending. The mayor emphasised collective belt-tightening, noting the municipality has no control over global supply and currency fluctuations that drive pump prices.

Titiek Demands Swift Garlic Self-Sufficiency Without Imports

House Commission IV member Titiek Soeharto has urged the Ministry of Agriculture to immediately achieve garlic self-sufficiency, criticising Indonesia's continued heavy reliance on imports. She questioned the absence of the garlic development programme from national priority documents, prompting clarification from the Minister that it remains an agenda item despite a drafting error and a Rp260 billion budget allocation this year. The Minister noted biological challenges such as seed dormancy mean achieving self-sufficiency will require three to five years.

30 Students in South Sulawesi Undergo Rehabilitation for Drug-Laced Vape Abuse

Thirty teenagers in South Sulawesi are receiving outpatient rehabilitation after using vape liquids containing synthetic narcotics. The National Narcotics Agency of South Sulawesi reports that dealers have shifted from using tobacco to liquid vape mediums to evade detection. Authorities are urging parents and schools to help prevent the spread of these affordable and easily concealed drugs among students.

Stock Recommendations and JCI Movement Today, Wednesday 10 June 2026

Analysts predict that the Jakarta Composite Index (JCI) risks weakening on Wednesday following a sharp rally on Tuesday, which saw the index surge 7.57% after Bank Indonesia raised its benchmark interest rate to 5.50%. MNC Sekuritas has outlined support and resistance levels while recommending a 'buy on weakness' strategy for select stocks including CDIA, HRTA, and INET, as well as a trading buy for BBNI. The previous session's surge was heavily supported by major banking and energy stocks, with market capitalisation climbing past Rp10,000 trillion.

Residence of Pakubuwana XIV Purbaya in Solo Fitted with Barbed Wire

The private residence of SISKS Pakubuwana XIV Purbaya within the Surakarta Palace complex has been fitted with barbed wire. A spokesperson stated the measure was a routine security enhancement for the king's dwelling, denying any specific threat. The move drew a puzzled reaction from a rival royal faction, who questioned the necessity.

LMKN and USEA Forge Partnership to Modernise Indonesia's Digital Music Licensing

Indonesia's National Collective Management Agency (LMKN) has entered into a strategic partnership with USEA Pte. Ltd. to overhaul the licensing ecosystem for background music. The collaboration aims to introduce a more transparent, accountable, and technology-driven system for commercial music use across the country. This initiative is expected to simplify compliance for businesses while ensuring more reliable royalty distribution for music creators.

Magnitude 4.1 Earthquake Shakes West Nias, BMKG Attributes It to Megathrust Activity

A shallow tectonic earthquake with a magnitude of 4.1 struck West Nias, North Sumatra, on Wednesday evening. The Meteorology, Climatology, and Geophysics Agency (BMKG) confirmed the tremor was caused by megathrust activity. No damage or aftershocks have been reported, though the shaking was felt clearly by residents.

Full Video of UIN Jakarta Visit to Triguna and SDIP Pamulang Clarifies Factual Chronology

A complete video recording of the Universitas Islam Negeri (UIN) Jakarta rectorate's visit to the Triguna complex and SDIP Pamulang has emerged, offering a starkly different account from previous social media narratives. The footage contradicts allegations of a raid and mass mobilisation by campus officials, instead showing a formal socialisation and inspection activity being obstructed. Legal counsel asserts the video demonstrates that the rector and entourage were met with a non-conducive reception, including an order to deny access to the school gate.

KAI reports 14.78 percent rise in Commuter Line Basoetta users

PT Kereta Api Indonesia recorded a 14.78 per cent increase in passengers on its Soekarno-Hatta Airport Commuter Line, reaching over one million users in the first five months of 2026. The state-owned operator attributed the growth to rising public trust and the service's ability to provide reliable travel times amidst Jakarta's traffic congestion. The airport line is increasingly vital given Soekarno-Hatta's status as Indonesia's primary air gateway, serving over 34 million passengers in 2025.

KAI Transports 21.56 Million Tonnes of Coal to Support Logistics

State railway operator PT Kereta Api Indonesia (KAI) transported 21.56 million tonnes of coal from January to May 2026, underscoring the critical role of rail in the national logistics chain. The company reported a monthly volume of nearly 5 million tonnes in May alone, driven by sustained demand for energy distribution. KAI aims to strengthen its freight services to meet the growing logistical needs of the country.

Ministry of Human Rights Employees Can Now Practise as Non-Judge Mediators

Indonesia's Ministry of Human Rights (HAM) has announced that its employees who have completed training and certification can now receive official recognition to practise as non-judge mediators. The initiative, which involves a decree from the district court, aims to enhance conflict resolution capacity among civil servants. One official has already obtained a mediator decree from the Pangkal Pinang District Court, reflecting the programme's effectiveness.

Guardian Indonesia Appoints M+C Saatchi Performance as Agency of Record

Health and beauty retailer Guardian Indonesia has selected M+C Saatchi Performance as its agency of record following a competitive pitch. The appointment coincides with the agency's recruitment of Arya Nugraha as country director for Indonesia, as it expands its Jakarta operations. The agency's data-driven, full-funnel media capabilities and proven retail results were cited as key factors in the decision.

Israeli Airbase Damaged During Iranian Missile Attack

A primary Israeli airbase sustained damage during an Iranian missile attack earlier this week, an Israeli military official has confirmed. The damage at Ramat David airbase in northern Israel occurred in a non-critical area, and no injuries to personnel have been reported. This exchange marks the first direct fire between the two nations since a ceasefire was declared in April.

Indonesia's IIP Position Declines in Q1 2026, Reflecting External Resilience: BI

Indonesia's International Investment Position improved in early 2026, as net liabilities fell to USD 227.6 billion, down from USD 273.4 billion in the prior quarter. Bank Indonesia attributed the decline to a sharper drop in foreign financial liabilities, influenced by reduced reserves and debt repayments, while the IIP-to-GDP ratio improved to a healthy 15.5 percent. The central bank underscored continued direct investment surpluses as a sign of investor confidence and pledged to maintain policy coordination to safeguard external stability.

After five-year partnership, UK strengthens ties with ASEAN

The United Kingdom celebrated five years as an ASEAN Dialogue Partner by reaffirming its commitment to deepened cooperation in green transition, sustainable infrastructure, and digital trade. British Ambassador Helen Fazey highlighted support for the ASEAN power grid, flood prevention on Java, and the forthcoming Digital Economy Framework Agreement. The remarks were made during the King's Birthday Party in Jakarta, which also underscored alignment on the Myanmar situation.

Law Minister on Advocate Bill: Prospective Lawyers Must Intern at Village Legal Aid Posts

Minister of Law Supratman Andi Agtas has announced proposed changes to advocate training under the revised Advocate Bill, including a mandatory internship period at village-level legal aid posts. The two-year apprenticeship requirement will remain but its structure is set to change, with a compulsory stint at government-established Posbakum outlets. The government aims to fast-track the bill's passage this year to ensure aspiring lawyers gain direct experience assisting communities with access to justice.

Prayer Schedule for Denpasar and Surrounding Areas on 11 June 2026

Indonesia's Ministry of Religious Affairs has published the daily prayer timetable for Muslims in the Denpasar area on Thursday, 11 June 2026. The schedule details the precise times for the five obligatory prayers and serves as a vital community reminder. The announcement is part of the ministry's regular public service to facilitate religious observance across the country.

5 Cara Menghindari Masalah Hukum dalam Bisnis

Artikel ini mengulas lima langkah krusial bagi pelaku usaha di Indonesia untuk menghindari sengketa hukum, mulai dari memastikan kelengkapan legalitas usaha dan kontrak yang kuat hingga perlindungan data konsumen. Kepatuhan terhadap regulasi yang terus berkembang, seperti perizinan berbasis risiko dan Undang-Undang Perlindungan Data Pribadi, menjadi kunci mencegah kerugian finansial dan menjaga reputasi. Pendaftaran hak kekayaan intelektual juga ditekankan sebagai upaya melindungi aset tidak berwujud dari pelanggaran yang semakin sering terjadi.

Registration Opens for BCA PPBP and PPTI Scholarships for 2027 Academic Year

Bank Central Asia (BCA) has opened registration for its PPBP and PPTI scholarship programmes for the 2027 academic year, targeting students and graduates interested in banking and information technology. The application window runs from 13 April to 20 October 2026. Successful candidates will undergo comprehensive training at BCA's Learning Institute in Sentul, Bogor.

House Deputy Speaker Supports Immigration and Corrections Ministry's Home Renovation Aid Initiative

Deputy Speaker Dewi Asmara has praised the Ministry of Immigration and Corrections for launching a social assistance programme that renovates homes in Sukabumi, West Java, using funds from prison food security programmes. The initiative involves inmates in construction work as part of their reintegration preparation. Dewi also urged local authorities to utilise coal ash waste from a nearby power plant to produce building materials, similar to a programme in Tangerang.

Bapanas: Additional food aid to maintain stability and purchasing power

Indonesia's National Food Agency (Bapanas) has announced an additional three rounds of food aid in 2026 to safeguard national food stability and support the purchasing power of vulnerable groups. The government will distribute 10 kilograms of rice per beneficiary family, with the first distribution starting in July 2026. Coordinating Minister for Food Zulkifli Hasan stated the move is a direct order from the President to prevent staple food prices from rising and causing public hardship.

Legislator Supports Agriculture Minister in Stabilising Farm-Level Egg Prices

A member of Indonesia's House of Representatives has endorsed the Agriculture Minister's swift intervention to stabilise chicken egg prices at the producer level. The minister's measures have reportedly begun to yield results, with farm-gate egg prices recovering from a recent slump. Both the government and parliament are committed to ensuring the profitability and sustainability of smallholder poultry farmers.

Power Outage Hits Bekasi's Rawalumbu for Hours, PLN Explains

Residents in Rawalumbu, Bekasi, experienced an unannounced power cut lasting several hours on Wednesday, disrupting work-from-home activities. State electricity firm PLN clarified that the outage was due to scheduled load management and network reinforcement works. The company acknowledged that the rolling blackouts in the area varied in duration, with some supply restored only by the evening.

Survey: Public Optimistic About Government's Anti-Corruption Agenda

An Adidaya Institute survey reveals that 68.8 per cent of Indonesians trust the Prabowo-Gibran administration's commitment to rooting out corruption. Respondents view the recent dismissal and arrest of National Nutrition Agency officials as evidence of the President's uncompromising stance. Overall satisfaction with the government stands at 68.2 per cent, despite global economic uncertainty.

Prabowo: Indonesian Businessmen Have Many Sins!

President Prabowo Subianto delivered a sharp rebuke to Indonesian entrepreneurs, stating they carry many past sins but urging them to embrace lawful management going forward. Speaking at the HIPMI national conference in Lampung, he warned that advanced technology, including AI, now makes it easy to detect any form of fraud. He called on business leaders to work towards the greatest prosperity for the people.

Cilacap District Court Judge Dismissed with Pension Rights Over Bribery

A judge from the Cilacap District Court has been dismissed with pension rights after being found guilty of accepting a bribe from a lawyer in 2023. The Judicial Honour Panel decided on the sanction, which was lighter than the dishonourable discharge requested by the Supreme Court's supervisory body. The judge admitted to receiving Rp15 million and attempting to facilitate improper contact between a litigant and a presiding judge.

Buleleng Studies Two Flagship Innovations of Banyuwangi Regency Government

The Buleleng Regency Government is studying two successful public service and cultural programmes from Banyuwangi, East Java. The initiatives include the 'Bunga Desa' programme, where the regent works directly from villages, and a community-based arts coaching model. Officials believe these concepts can be replicated in Buleleng, leveraging existing public spaces like the Bung Karno Green Open Space.

Local KADIN Chiefs Urge Anindya Bakrie to Resolve West Java Leadership Deadlock

Sixteen regional heads of the Indonesian Chamber of Commerce and Industry (KADIN) in West Java have formally urged Chairman Anindya Bakrie to intervene and end the protracted dual leadership dispute within the province's chapter. The conflict, currently being contested in court, is reportedly paralysing the organisation's programmes and eroding public trust. Failing an internal resolution, the business leaders have also requested the provincial governor step in to mediate the crisis.

Prabowo Recounts Maung Car Journey: Leaky Roof, Rattling Sounds, but I Will Keep Using It

President Prabowo Subianto shared his personal experience with the domestically produced MV3 Garuda Limousine, known as the Maung, revealing early-stage defects such as a leaking roof and noisy suspension on inclines. Despite these shortcomings, he stressed these were acceptable as the vehicle is still under development. He affirmed his continued use of the car as a presidential example of nationalism and support for local industry.

Observer Praises Police Chief for Allowing Civil Servants to Fill Police Positions

Political observer Boni Hargens has praised National Police Chief General Listyo Sigit Prabowo for a paradigm-shifting policy allowing civil servants to occupy positions within the police force. The move is seen as a smart adaptation that aligns Indonesia's security institutions with civilian society in contemporary democratic practice. It positions the police not just as a target of reform demands but as a proactive subject embracing civilian openness.

LVMH's Tiffany & Co. Pays $6 Million Customs Fine to Reopen Shuttered Jakarta Stores

Tiffany & Co. has paid a Rp 97.49 billion customs settlement to resolve a four-month standoff with Indonesian authorities over undeclared luxury imports, enabling the reopening of its three Jakarta boutiques. Finance Minister Purbaya Yudhi Sadewa personally lifted the customs seals, using the high-profile case to warn multinational corporations of intensified enforcement under Customs Law No. 17/2006. The crackdown signals Jakarta's strategic pivot towards extracting state revenue from high-value goods sectors through aggressive administrative audits.

House Commission XIII Hails Prison Food Security Programme as a Breakthrough

A senior Indonesian legislator has praised the Ministry of Immigration and Corrections' food security programme in prisons as a significant innovation. The initiative not only supplies up to half of inmates' food needs but also funds community projects like home renovations using prison-produced materials. The programme was lauded for supporting the government's broader 'Astacita' vision and proving the positive societal impact of the correctional system.

Lawyer Sony Sonjaya Reveals When 20 Names Involved in MBG Corruption Will Be Disclosed

Elza Syarief, the lawyer for former Deputy Head of the National Nutrition Agency Sony Sonjaya, has declined to reveal the identities of over 20 senior figures allegedly involved in the corruption of the Free Nutritious Meals programme. She stated that the names, which currently number 26 and potentially more, are part of confidential investigation records. The disclosure comes amid the viral circulation of a list of names on social media linked to the case.

Revision of Election Law Deemed Necessary to Regulate Small Party Coalitions to Reduce Wasted Votes

An academic has proposed a new coalition mechanism for small political parties as part of the revision of Indonesia's Election Law, aiming to reduce the number of wasted votes. Rani Purwanti Kemalasari's doctoral research suggests allowing parties that fail to reach the 4 per cent parliamentary threshold to combine their votes to gain legislative seats. This proposal seeks to balance the need for a stable presidential system with the protection of citizens' political representation rights ahead of the 2029 General Election.

Riza Chalid's Son Kerry Ordered to Pay Rp13.4 Trillion in Compensation

The Jakarta High Court has significantly increased the compensation payment demanded from Muhammad Kerry Adrianto Riza, the son of businessman Riza Chalid, from Rp2.9 trillion to Rp13.4 trillion. The ruling is based on state economic losses calculated at Rp10.5 trillion, alongside a confirmed 15-year prison sentence. Kerry was found guilty of corruption in the procurement of oil tanker leases and a fuel terminal, enriching himself by Rp2.9 trillion.

Prabowo: I Have Seen Since the 90s, Indonesia Was Heading in the Wrong Direction!

President Prabowo Subianto has revealed the driving force behind his persistent presidential ambitions, stating that he observed Indonesia heading in the wrong direction since the 1990s. Speaking at a HIPMI event, he addressed critics who mocked his repeated candidacies across four election cycles. Despite his eventual victory, Prabowo insisted his motivation was national direction, not personal ambition.