Indonesian Political, Business & Finance News

Archive: 11 June 2026

Showing 301-350 of 1,603 articles

Ministry of Religious Affairs Launches Peaceful Muharam, from Orphans' Celebration to Mass Weddings

Indonesia's Ministry of Religious Affairs has launched the 'Peaceful Muharam 1448 Hijriah' programme, featuring initiatives such as mass weddings, orphan celebrations and mosque clean-ups. The programme is designed to deliver tangible social impact through spiritual, educational, economic and environmental approaches. It aims to strengthen community welfare by involving religious counsellors as agents of social change across the archipelago.

Rokan Hilir Pilgrim Passes Away in Batam

An Indonesian pilgrim from Rokan Hilir, Riau, passed away at a hospital in Batam following a decline in health after returning from the Hajj. The deceased, Lamitun Manrejo Adam binti Manrejo, was part of the BTH 08 flying group and had been receiving medical treatment upon arrival in Indonesia. The Ministry of Hajj and Umrah confirmed the family is entitled to insurance compensation as per regulations.

KWP and BNI Drive Education Awareness Movement Ahead of New School Year

The Parliamentary Journalists Coordinator (KWP) and state-owned bank BNI have partnered to distribute thousands of school supply packages to underprivileged children. The initiative, symbolically launched at the Parliament Complex, targets students across Jakarta, West Java, and Central Java. The programme aims to boost educational participation and student motivation ahead of the upcoming school term.

US Strikes Tehran, Iran Announces Closure of Strait of Hormuz

Iran has declared the complete closure of the Strait of Hormuz to maritime traffic indefinitely, citing escalating military tensions with the United States. The announcement follows a series of reciprocal strikes, including a US attack on Tehran and Iranian counter-strikes on American bases. The conflict has stoked global concerns over energy supplies and disrupted fragile ceasefire negotiations.

Pertamina CEO Confirms Pertalite Price Remains at Rp 10,000 per Litre

Pertamina's CEO Simon Aloysius Mantiri has confirmed that the prices of subsidised fuels Pertalite and Biodiesel remain unchanged at Rp 10,000 and Rp 6,800 per litre respectively. The announcement clarifies that only non-subsidised fuels, specifically Pertamax and Pertamax Green, saw price adjustments effective 10 June 2026. The company stated the adjustments for non-subsidised fuels were made in consideration of global geopolitical dynamics and international crude oil prices while still accounting for public purchasing power.

House Commission II: Central-regional synergy key to success of President's 10 programmes

The House of Representatives Commission II has emphasised that effective synergy between central and regional governments is the decisive factor for the successful implementation of the President's 10 priority programmes. These nationally funded initiatives are executed at the local level, making regional support critical. A coordination forum in South Kalimantan aims to clarify the division of roles and address implementation challenges.

West Lombok DPRD Member and Vendor Face Two-Year Sentences in Mukena and Sarong Corruption Case

Prosecutors have demanded two-year prison sentences for West Lombok DPRD member Ahmad Zainuri and vendor Rusandi over a corrupt procurement of prayer garments and sarongs. The case, which caused state losses of approximately Rp 1.7 billion, also involves two former officials from the West Lombok Social Affairs Agency who previously received one-year sentence demands. The defendants face additional fines and are required to repay substantial sums in restitution.

Financial Glow Up, Starting with Gold! - Financial Festival 2026

The article promotes an upcoming investment class focused on gold as an accessible entry point for building long-term financial assets. It highlights the ease of understanding gold investment, its role in financial planning, and strategies for cultivating consistent investing habits. The session aims to demonstrate that starting towards better financial health does not require significant initial capital.

Property Business Prospects Amid the High Interest Rate Era

Indonesia's property sector is bracing for significant headwinds after Bank Indonesia unexpectedly raised its benchmark interest rate by 25 basis points to 5.50%. The central bank governor stated the out-of-cycle hike was a crucial intervention to counter persistent depreciation pressure on the rupiah. This tightening monetary policy threatens to increase mortgage costs and dampen demand in the already challenged real estate market.

Police Wife from Dompu Arrested in Bima for Methamphetamine Trafficking

A police officer's wife has been arrested in Bima, West Nusa Tenggara, for possession of methamphetamine. The 39-year-old was captured with 5.26 grammes of the drug, drug paraphernalia, and Rp22 million in suspected proceeds. Authorities are now investigating whether her estranged husband, a member of the Dompu police force, was involved in the illicit activity.

Head of National Nutrition Agency to Meet Prabowo on Friday Afternoon

The Head of the National Nutrition Agency (BGN), Nanik Sudaryati, has rescheduled her meeting with President Prabowo Subianto to Friday, 12 June 2026. The discussion is expected to centre on efficiency measures for the free nutritious meal programme (MBG), including a proposed review of beneficiaries. Nanik indicated the government may re-evaluate distribution to elite schools and children from wealthy families.

National Nutrition Agency to Restructure Free Meal Programme Beneficiaries, Excluding Wealthy Schools

Indonesia's National Nutrition Agency (BGN) is restructuring its free nutritious meal programme (MBG) to ensure beneficiaries are genuinely in need, following directives from the Coordinating Minister for Food. The overhaul will remove elite schools and affluent recipients from the programme while prioritising underserved regions, particularly disadvantaged, frontier, and outermost (3T) areas. The government is also mandating stricter kitchen hygiene standards with zero tolerance for food safety breaches.

South Jakarta Social Agency Rounds Up 28 People in Need from Public Spaces in Tebet and Kebayoran Baru

The South Jakarta Social Sub-agency has apprehended 28 people requiring social welfare services (PPKS) from public areas in the Tebet and Kebayoran Baru districts. The operation, conducted in response to resident complaints about the rising presence of PPKS particularly at night, aims to provide shelter and rehabilitative guidance. Those found to be from outside Jakarta will be repatriated to their areas of origin.

Rudi Sembiring Meliala Reveals Golden Momentum for Property Investment in Indonesia

Indonesia's property market is experiencing a positive trend, with investment interest shifting beyond major cities towards premium tourist destinations and new regional hubs. INBISNIS CEO Rudi Sembiring Meliala emphasises that legal certainty and digitalisation are key pillars for secure and profitable asset ownership, as the firm expands its national footprint. The company is also targeting the creation of tens of thousands of independent business partners to foster a broader entrepreneurial ecosystem within the sector.

Subsidised Fuel Prices Unchanged, Pertamina Assures Energy Supply Amid Global Turmoil

The Indonesian government and Pertamina have confirmed that subsidised fuel prices will remain stable despite adjustments to non-subsidised fuels. Pertamina's CEO stated that Pertalite and BioSolar prices are unchanged to protect public purchasing power. The company emphasised its commitment to maintaining national energy security and reliable distribution across the archipelago amidst global geopolitical challenges.

Meeting Prabowo, KAI President Director Reports on Level Crossings and Gambir Station Renovation

President Prabowo Subianto received Transport Minister Dudy Purwagandhi and KAI President Director Bobby Rasyidi to discuss national railway development. Key outcomes included a directive to renovate Gambir Station within two years with enhanced intermodal integration and a progress update on closing level crossings to improve safety. The government reaffirmed its commitment to modernising public transport infrastructure to support economic growth.

TNI Denies Abducting Mama Sinta

The Indonesian National Armed Forces (TNI) has categorically denied involvement in the alleged abduction of Yasinta Moiwend, known as Mama Sinta, in Papua. Major General Frits Wilem Rizard Pelamonia stated that the claim is baseless, as Mama Sinta herself has not reported any abduction or intimidation. He urged the public to avoid unverified narratives that could destabilise the region.

Iran Closes Strait of Hormuz Indefinitely, Vessels Told to Wait

Iran has announced the indefinite closure of the Strait of Hormuz, citing escalating tensions with the United States. The closure, declared by the Persian Gulf Strait Authority, follows US military actions and comes a day after President Trump threatened a major attack. The move threatens to disrupt a critical global shipping lane amid an ongoing conflict that has seen reciprocal strikes between Iran and US-Israeli forces since February.

Legislator Flags Looming Open Dumping Ban, Demands Urgent Waste Management Reforms

A Jakarta councillor has warned that the upcoming August 2026 ban on open dumping poses a serious challenge for the capital, urging immediate improvements to waste governance. Yuke Yurike stressed that the city can no longer rely on simply transporting waste to the Bantargebang landfill and must massively scale up upstream and midstream processing. She also cautioned against imposing waste retribution fees on residents before service quality and supporting infrastructure are substantially enhanced.

South Jakarta Immigration Office Promotes Information Transparency and Public Communication

The South Jakarta Immigration Office is enhancing the journalistic and public relations skills of its staff to strengthen information transparency and communication quality. Officials emphasised that accurate and open information is crucial for building public trust, especially amid the rapid flow of digital information. The initiative aims to make public service delivery more transparent, responsive, and accountable.

Government Evaluates Free Nutritious Meal Programme, Recalculates Budget Needs

The Indonesian government is conducting a comprehensive evaluation of its Free Nutritious Meal (MBG) programme, with preliminary findings suggesting potential budget savings. The review, involving the Ministry of Finance and the National Nutrition Agency, aims to calculate funding requirements more accurately and improve field implementation. The process, targeted for completion within a month, will also scrutinise the operational standards of service units and may lead to the closure of non-compliant facilities.

TNI AD Uses Persuasive and Humane Approach in Lenteng Agung Military Housing Reorganisation

The Indonesian Army has reorganised official residences in Lenteng Agung, South Jakarta, to restore state assets for active personnel following a unit expansion. The military claims to have conducted months of persuasive outreach before the evictions, resulting in 45 of 152 families relocating voluntarily. The land, secured with a government right-of-use certificate, is designated for active soldiers, with ex-servicemen required to vacate their homes.

Pramono to Revoke KJP for Bullies in Central Jakarta

Jakarta Governor Pramono Anung has announced strict sanctions, including revoking education assistance cards, for perpetrators of a bullying incident that left a six-year-old child hospitalised in Central Jakarta. The victim was allegedly dragged to a live electrical pole, causing severe shock and requiring intensive care. The governor has ordered a crackdown with zero tolerance and instructed education and public order agencies to ramp up surveillance in potential bullying hotspots.

State Secretary: Budget for free nutritious meal programme to be reduced after recalculation

State Secretary Prasetyo Hadi has announced that a recalculation and governance overhaul of the Free Nutritious Meal (MBG) programme will lead to a reduction in its budget requirements. The government is undertaking a comprehensive restructuring over the next month, including a refocusing of beneficiaries and a moratorium on new kitchen openings. The move follows revelations of an expansion to 27,877 service points, far exceeding the initial plan of 21,000, which risked inefficiencies costing up to Rp12 trillion per year.

Jakarta Police Raid Two Gambling Dens Disguised as Timezone Arcades in West Jakarta

The Jakarta Metropolitan Police's Jatanras unit has raided two illegal gambling operations in West Jakarta that masqueraded as legitimate Timezone-style family arcades. Police detained over 60 people and seized more than 120 gambling machines, including slot machines and skill-based betting devices. The syndicate allegedly used a voucher and coin conversion system to disguise cash gambling and allowed winnings to be exchanged for cash or pure gold.

Government and Parliament Agree on KEM-PPKF 2027, Targeting Economic Growth of up to 6.5 Percent

The Indonesian government and House of Representatives have agreed on the 2027 Macroeconomic Framework and Fiscal Policy Principles (KEM-PPKF), setting an economic growth target of between 5.8 and 6.5 percent. The agreement, viewed as a transmission phase towards an 8 percent growth target by 2029, also includes key indicators such as maintaining inflation within a 1.5 to 3.5 percent range. The framework outlines plans for strengthening the investment climate and optimising state revenue through tax base expansion.

House to Oversee Mitigation of Pertamax Price Hike Impact on Public Purchasing Power

The Indonesian House of Representatives (DPR) has pledged to monitor mitigation measures following a significant rise in non-subsidised Pertamax fuel prices. The price adjustment, effective 10 June 2026, raises concerns over public purchasing power amid ongoing global economic pressures. Lawmakers are coordinating with fiscal authorities to implement stimulus and ensure inflation remains under control.

Minister Claims Millions of Teachers Want Free Nutritious Meals Programme to Continue

Minister of Primary and Secondary Education Abdul Mu'ti has reported to President Prabowo Subianto that millions of teachers support the continuation of the Free Nutritious Meals (MBG) programme, citing positive impacts on student motivation and academic achievement. He also delivered progress reports on the school revitalisation programme, which has been fully implemented for 2025, and announced plans for 100 integrated national schools. Additionally, the ministry will allocate scholarships for 150,000 teachers who do not yet hold a bachelor's degree.

Three Suspects Arrested in Fatal Grogol Market Assault, Including Minors

Police in West Jakarta have arrested three individuals in connection with the fatal assault of a 29-year-old man at Pasar Grogol. Two of the suspects are minors, and the attack reportedly stemmed from an altercation involving the victim's girlfriend at a billiard venue. The suspects face charges under Indonesia's Criminal Code for mob violence resulting in death.

Pertamina Raises Prices of Pertamax Fuels, CEO Provides Full Explanation

PT Pertamina has increased the prices of its non-subsidised fuels Pertamax (RON 92) and Pertamax Green (RON 95) effective 10 June 2026, citing global geopolitical dynamics and international market oil prices. CEO Simon Aloysius Mantiri stressed that subsidised fuels Pertalite and Biosolar remain unchanged and affirmed the company's commitment to national energy availability. The adjustment sees Pertamax rise to Rp 16,250 per litre and Pertamax Green to Rp 17,000 per litre.

Pertamina CEO Finally Speaks Out on Pertamax Fuel Price Hike

Pertamina's chief executive has addressed the public regarding the increase in non-subsidised Pertamax fuel prices, citing global geopolitical dynamics and international oil prices. The price adjustments, effective 10 June 2026, see Pertamax rise to Rp 16,250 per litre while subsidised fuels Pertalite and Diesel remain unchanged. The state-owned energy firm reaffirmed its commitment to maintaining energy availability nationwide with full government backing.

Video: Lookman Djaja Boss Discusses ODOL and Logistics Technology Investment

The CEO of PT Lookman Djaja Logistics has addressed the Indonesian government's planned zero ODOL policy, acknowledging its safety goals but warning of a potential 5-10% rise in transport costs. He also highlighted industry concerns over the 2025 KBLI reclassification, which impacts taxation and licensing for logistics firms. The company is countering these challenges by boosting digitalisation through TMS and IoT technologies.

Police Hunt Five Suspects in Westown Grogol Fatal Assault, Including Main Executor

Jakarta police are pursuing five additional suspects linked to a fatal assault at the Westown entertainment venue in Grogol Petamburan, West Jakarta. The primary target is the individual who allegedly pushed the 29-year-old victim from the second floor, resulting in his death after a four-day coma. Three suspects have already been arrested for the assault, but authorities are intensifying efforts to apprehend the remaining perpetrators.

KPK States Second Edison Case Originated from BPK Sumsel Audit

The Corruption Eradication Commission (KPK) has revealed that a second graft case ensnaring non-active Muara Enim Regent Edison began with an audit by the Supreme Audit Agency's South Sumatra office. The investigation allegedly uncovered a scheme involving a Rp1.6 billion bribe to alter audit findings for the 2025 fiscal year. The case has led to multiple arrests, including five state auditors, marking the KPK's 13th sting operation in 2026.

International Islamic Expo 2026 Returns from 26–28 June at JCC Senayan

The International Islamic Expo 2026 will convene global stakeholders in halal tourism, Hajj, Umrah, and Islamic finance at the Jakarta Convention Center from 26–28 June. Hosted by the Ministry of Tourism, the event aims to boost Indonesia's halal tourism competitiveness and features participation from across Asia, the Middle East, and Africa. Bank Syariah Indonesia returns as the official banking partner, offering financial incentives and reinforcing the synergy between Islamic finance, investment, and the wider halal ecosystem.

Kutai National Park serves as conservation haven for 324 fauna species

Kutai National Park in East Kalimantan is intensifying its conservation role to protect 324 fauna species, including critically endangered endemics. Park authorities are employing modern technology such as thermal drones and camera traps to monitor threatened habitats. Collaboration with non-governmental organisations and local communities aims to strengthen wildlife protection and develop sustainable ecotourism.

76% of Badung Residents Now Sort Waste, Regency Optimistic About Ending Shipments to Suwung Landfill

Badung Regency in Bali reports that 76 percent of its residents are now separating waste at home, driving optimism for self-sufficiency in waste management. Regent I Wayan Adi Arnawa aims to drastically curtail or eliminate reliance on the Suwung landfill, reserving it only for residual waste. The initiative is also targeting the hotel, restaurant, and café sector, which generates nearly half of the area's daily refuse.

Job Hunting Gets Tougher, Yet Billionaire Bosses Say This

As global workers face mounting anxiety over AI-driven job losses, private equity billionaire Orlando Bravo insists the technology will improve junior employees' lives by eliminating grunt work. His comments come amid surging youth unemployment in the UK and mass layoffs at major tech firms. Meanwhile, the UK government is focusing on upskilling workers with free AI courses to boost employability.

Purbaya Speaks Out on Budget Cuts for Free Nutritious Meals Programme

Finance Minister Purbaya Yudhi Sadewa has confirmed discussions with the presidential palace regarding adjustments to the Free Nutritious Meals (MBG) programme budget. Minister of State Secretary Prasetyo Hadi clarified the move as a recalculation leading to reduced funding needs rather than a direct cut. The government is currently refining the governance of the flagship programme to determine the precise total budget required.

Government Achieves 100% Revitalisation of 16,000 Schools, Targets 71,000 in 2026

The Indonesian government has completed the revitalisation of 16,167 schools targeted for 2025 and plans to expand the programme to 71,744 educational units by the end of 2026. The initiative, backed by a Rp 14 trillion budget, extends from kindergarten to senior high school levels and is expected to generate approximately 1.1 million jobs. The programme also benefits remote and underdeveloped regions, reflecting the president's commitment to improving education quality.

PDIP Secretary General Suggests President Prabowo Emulate Soekarno's Approach to Resolving Global Conflicts

Hasto Kristiyanto, Secretary General of the Indonesian Democratic Party of Struggle (PDIP), has proposed that President Prabowo Subianto adopt the geopolitical framework of Indonesia's founding father, Soekarno, to position the nation as a global peace facilitator. Speaking at a university lecture, Hasto outlined a systematic 'Geopolitical Cycle' which begins with defining national interests and progresses through diplomacy and defence cooperation. He expressed optimism that this approach could be applied to de-escalate tensions in the Middle East, the Korean Peninsula, and the Taiwan Strait.

Jakarta Garden City Offers Turnkey Properties for High-Value Living and Investment

Jakarta Garden City is marketing ready-to-use residential and commercial properties as a solution to delayed handovers and soaring prices in the capital. The development features The Essence, a fully established premium cluster, and shophouse units in the Jakarta Business District designed for immediate business expansion. Both offerings are supported by strategic connectivity to toll roads, Kelapa Gading, Tanjung Priok Port, and Soekarno-Hatta Airport.

Youth detained after allegedly buying motorcycle with Rp12 million in counterfeit cash in East Jakarta

A young man was detained by residents in Duren Sawit, East Jakarta, after allegedly purchasing a motorcycle using counterfeit money worth Rp12 million. The seller realised the cash was fake during a cash-on-delivery transaction and gave chase, leading to the suspect's capture by the public. Police later intervened to prevent vigilante justice and are now investigating the source of the counterfeit notes.

Indonesia-Iran Communication Continues Over Two Stranded Pertamina Tankers

Indonesia and Iran remain in diplomatic dialogue to resolve the situation involving two Pertamina tankers stranded near the Strait of Hormuz. The vessels cannot transit due to regional tensions between the United States, Israel, and Iran, with insurance refusals and crew safety posing additional hurdles. The process is further complicated by implementation challenges on the ground in Iran.

Thousands of Litres of Water Supplied to Counter Drought in West and Central Java

Indonesia's National Disaster Mitigation Agency (BNPB) has begun distributing thousands of litres of clean water to drought-stricken villages in Central and West Java, as the dry season reduces natural water sources. The most substantial deliveries have targeted Bekasi and Bogor regencies, where rainfall has been absent for a month. Authorities are urging residents and local governments to build absorption wells and practise rainwater harvesting as the meteorological agency warns that dry zones will expand significantly in June and July.

Three Indonesian digital innovations recognised at WSIS Prizes 2026

Three Indonesian digital initiatives have been named among 90 global champions at the UN's WSIS Prizes 2026 in Geneva. The recognised projects focus on expanding educational access, strengthening cybersecurity, and combating hoaxes. Deputy Minister Nezar Patria highlighted the achievements as evidence of impactful digital transformation in public services across the country.

IDX and Securities Firms Collaborate on Equity Liquidity Provider Scheme to Boost Trading Liquidity

The Indonesia Stock Exchange (IDX) reports positive early results from its Equity Liquidity Provider (LP) scheme, with participating stocks showing transaction value increases of up to 119 percent. Two securities firms, Phintraco Sekuritas and Mandiri Sekuritas, have begun providing buy and sell quotes as part of efforts to create a more liquid, efficient, and transparent market. The initiative is seen as key to strengthening investor confidence and deepening Indonesia's capital market.

KPAI: Child Persecution Case in Kramat, Central Jakarta a Danger Alarm for Bullying

The Indonesian Child Protection Commission (KPAI) has labelled a child persecution case in Central Jakarta as a serious warning sign for the nation's child protection system. The commission stresses that bullying among minors is escalating into life-threatening behaviour requiring immediate intervention. KPAI is prioritising the victim's recovery while pushing for professional law enforcement that balances the best interests of the child with legal accountability.

PT Timah Prepares 40-Hectare Site for Rare Earth Element Development

PT Timah has allocated 40 hectares of land in West Bangka to advance rare earth element downstreaming, planning to reactivate a pilot project at the Tanjung Ular site. The state-owned miner will supply raw materials from tin production by-products to state-owned PT Perminas, which will build and operate the purification facilities. The collaboration is targeted to generate foreign exchange revenue for the state within two years.

Tangerang Environmental Agency Clamps Down on Illegal Rubbish Dumps on Jalan Gembor Raya

The Tangerang City Environmental Agency (DLH) has sealed an illegal waste disposal site on Jalan Gembor Raya as part of a broader crackdown on unlicensed dumps. Officials stated the action is intended to prevent soil, water, and air pollution that harms local communities. Authorities plan further enforcement at other illegal sites across the city and have called on residents to report unauthorised waste disposal.