Indonesian Political, Business & Finance News

Archive: 17 June 2026

Showing 801-850 of 1,429 articles

Indonesia Shuts Down Illegal Foreign-Owned Beauty Clinic in Bali to Protect Public

The Indonesian government has closed an unlicensed aesthetic clinic in Bali that illegally employed foreign medical workers from Russia and Armenia. The coordinated enforcement action, led by the Ministry of Health, aims to safeguard public health and maintain international confidence in Bali as a safe wellness tourism destination. Officials stressed that such serious violations will be met with firm legal consequences and urged the public to verify the legitimacy of healthcare facilities.

IFG Life disburses Rp394 million claim to heirs of Bank Sulselbar customer

PT Asuransi Jiwa IFG (IFG Life) has paid a credit insurance claim of Rp394.2 million to the heirs of a deceased Bank Sulselbar customer in Takalar. The symbolic handover underscores the state-owned insurer's commitment to providing financial protection for banking customers and their families. The collaboration between IFG Life and Bank Sulselbar aims to offer comprehensive financial services that include security against unforeseen risks.

Minister: Home Renovation Programme for Parents of 'Sekolah Rakyat' Students Has Begun

Indonesia's Minister of Housing and Settlement Areas (PKP) announced that the BSPS home renovation programme for parents of Sekolah Rakyat (People's Schools) students has commenced in 2026. The initiative, proposed by the Minister of Social Affairs, targets 10,000 homes and aims to improve living conditions for low-income families across 166 school locations.

The strategic value of Indonesia's academic diaspora in China

The growing community of Indonesian students in China, now numbering up to 20,000, represents more than an educational trend; it is a vital component of people-to-people diplomacy. These students form organic social and knowledge networks that shape mutual perceptions and underpin the broader bilateral relationship. Their role as informal bridges between the two societies carries significant strategic weight in modern international relations.

Phased Implementation of Electric Stoves to Replace LPG Urged

An economist has urged the government to adopt a gradual and segmented approach to its proposed electric stove programme, warning that a large-scale rollout risks public rejection and failure. The Energy Minister previously proposed an Rp 815 billion budget for the scheme to curb costly LPG imports, which currently account for 80 per cent of national demand. A similar pilot project in 2022 was halted amid public controversy, underscoring the need for careful socialisation and targeting of communities ready to adapt.

DEN Optimistic Rupiah Could Strengthen to Rp17,000 Following US-Iran Peace Deal

Indonesia's National Economic Council (DEN) expects the rupiah to appreciate towards Rp17,000 per US dollar, buoyed by a US-Iran peace agreement and falling global oil prices. The easing of geopolitical tensions in the Middle East is seen reducing external pressures and the nation's hefty fuel import bill, potentially improving the trade balance and attracting foreign investors back to the domestic capital market.

Energy Ministry Reveals PLN's Coal Needs, Here's the Figure

Indonesia's Energy and Mineral Resources Ministry has disclosed that state electricity firm PLN requires 154 million tonnes of coal annually to secure national power supply. Currently, only 132 million tonnes are covered by existing contracts, leaving a shortfall of 20 million tonnes. The government is coordinating with producers and adjusting production plans to close the gap.

Luhut: Digitalisation Systems Could Save Government Thousands of Trillions of Rupiah

Luhut Binsar Panjaitan, Chairman of the National Economic Council, claims that government digitalisation systems such as Perlinsos and Simbara could save the state up to thousands of trillions of rupiah by integrating data and simplifying processes. He emphasised that building a transparent digital ecosystem aims to drastically reduce opportunities for corruption. The government is currently expanding pilot projects for the Digital Public Infrastructure, targeting full implementation of the social protection system by year-end and extending data transparency to programmes like the Free Nutritious Meals initiative.

How to Open an Investor Account (RDN) via BRImo: Requirements and Steps

The number of capital market investors in Indonesia has grown significantly, reaching 27.75 million by May 2026. Bank BRI's mobile app, BRImo, now offers a streamlined digital process for opening a Rekening Dana Nasabah (RDN), the segregated account required for stock trading. This guide outlines the step-by-step procedure and the necessary documents to open an RDN through the app.

PPATK Requests Additional Budget to Prevent Money Laundering and Online Gambling

Indonesia's Financial Transaction Reports and Analysis Centre (PPATK) has proposed a Rp 516.4 billion budget increase for 2027 to strengthen efforts against money laundering, terrorism financing, and online gambling. The agency's indicative budget ceiling currently stands at only Rp 253.3 billion, which it says is insufficient for its expanding mandate. Lawmakers from the Gerindra Party faction have expressed support, arguing that asset tracing, freezing, and recovery require significantly more resources.

J-Hope BTS Wears Pertamina Enduro Vest at Busan Concert, Causing a Stir

BTS member J-Hope sparked excitement among Indonesian fans by wearing a vest featuring the Pertamina Enduro logo during a concert in Busan. The camouflage vest, a collaboration between Pertamina Enduro VR46 Racing Team, Refrigiwear, and PDF, was reportedly a gift from Indonesian ARMY delivered before his military service. The product is sold on the VR46 official site for 380 euros, highlighting a cross-promotional link between Indonesian state energy branding and global motorsport merchandise.

Brebes Parking Attendant Foils Rp3.6 Billion Theft

A female parking attendant in Brebes, Central Java, thwarted the theft of Rp3.6 billion from a vehicle, sustaining minor injuries in the process. The victim rewarded her with Rp100,000, which she shared with her colleagues. The incident highlights the risks faced by informal workers and the audacity of street crime in the region.

Are There Any Public Holidays in July 2026? Check the National Holiday Schedule Here

July 2026 will have no national public holidays, with only regular Sundays off. The remaining public holidays for the year include Independence Day, the Prophet Muhammad's birthday, and Christmas, with opportunities for extended breaks by taking adjacent leave days.

Central Lombok Prosecutor's Office Displays Rp 3.1 Billion in Seized Corruptors' Funds

The Central Lombok District Prosecutor's Office has exhibited Rp 3.1 billion in recovered assets from three separate corruption cases. The funds, derived from asset auctions and court-ordered executions, represent a strategic shift towards maximising financial recovery for the state. The largest portion came from the auction of a property in Bali linked to a convicted official involved in airport construction fraud.

Luhut Showcases Digital Social Protection, Benefit Registration No Longer Takes 200 Days

The Indonesian government will expand its digital social protection pilot to 42 regencies and one province by July 2026, following a successful trial that attracted nearly 370,000 users. The new portal, which consolidates data from eight ministries, allows citizens to register for social assistance using only their national ID number and facial verification. The reform slashes registration times from up to 200 days to mere minutes and eliminates costs that previously reached Rp150,000 per applicant.

Governor inaugurates Media Centre for PENAS XVII in Gorontalo

Gorontalo Governor Gusnar Ismail officially opened the Media Centre for the 17th National Farmers and Fishermen's Week (PENAS) in Limboto, confirming the province's readiness to host the event. The facility will serve as a coordination and information hub for journalists covering the gathering, which marks the first time Gorontalo has hosted Indonesia's largest national agricultural forum. With preparations reportedly 90 to 95 per cent complete, over 8,700 participants have already arrived ahead of the scheduled opening on 20 June 2026.

Central Lombok Prosecutor's Office Deposits Rp3.1 Billion into State Coffers

The Central Lombok District Prosecutor's Office has deposited Rp3.1 billion into the state treasury, recovered from three separate corruption cases. The funds, classified as Non-Tax State Revenue, were obtained through asset auctions and the execution of legally binding court rulings. The office emphasised that asset recovery is now a cornerstone of its anti-corruption strategy, ensuring criminals cannot enjoy their illicit gains.

Digital Social Protection System to Launch Nationwide by End of 2026, Says Luhut

Indonesia's National Economic Council Chairman Luhut Binsar Pandjaitan announced that the digital social protection system (Perlinsos Digital) is targeted for a national launch by President Prabowo in October or November 2026, covering 541 districts. A pilot project is currently underway in 42 regions, with public registration expected to begin in July 2026. The integrated system aims to improve the accuracy of aid distribution and reduce administrative barriers by linking identity documents like KTP and family cards in a single platform.

Citing Ojol Death Incident, DPR Asks Police to Install Sensors on Tactical Vehicles

A member of Indonesia's House of Representatives has urged the National Police to equip tactical vehicles with sensors following the death of an online motorcycle taxi driver during a 2025 protest. The request was made during a meeting with the Deputy Chief of Police, with the legislator emphasising the need for improved safety measures ahead of the 2029 General Election to prevent further civilian casualties.

PDIP Responds to Allegations of Tiyo's Ties to Party Figures

The Indonesian Democratic Party of Struggle (PDIP) has denied any connection to student activist Tiyo Ardianto, dismissing claims that he used a vehicle linked to a party cadre's relative as 'hyperbolic'. PDIP's Said Abdullah asserted the party does not engage in dirty politics or use students as pawns, while defending the right to peaceful protest.

Industry Ministry Strengthens Manufacturing Cooperation Between Indonesia and Belarus

Indonesia's Ministry of Industry is deepening manufacturing ties with Belarus to boost national competitiveness and attract investment. The partnership focuses on heavy equipment, mining vehicles, and agricultural machinery, with discussions underway for vehicle assembly facilities in Indonesia. Both nations are also accelerating a Memorandum of Understanding on industrial cooperation and leveraging a recently signed free trade agreement with the Eurasian Economic Union.

How to Register for KIP Kuliah via the Independent Pathway 2026: Requirements, Schedule, and Amounts

The Indonesian government has opened registration for the Kartu Indonesia Pintar (KIP) Kuliah scholarship for the 2026 independent admission pathway. The programme, managed by the Ministry of Higher Education, Science, and Technology, covers full tuition fees and provides a monthly living allowance of up to Rp 1.4 million for eligible students from disadvantaged backgrounds. Registration runs from 15 June to 31 October 2026 for students accepted through independent selection at both public and private universities.

Jokowi Signs Rismon's New Book on Authenticity of Joko Widodo's Diploma

Former President Joko Widodo has signed a new book by Rismon Hasiholan Sianipar, who previously questioned the authenticity of Jokowi's diploma. The book, titled 'Authentication of Joko Widodo's Diploma', is presented as a moral obligation to restore Jokowi's reputation and redirect the debate to academic scrutiny. Rismon, once a co-author of a book alleging forgery, now claims the 800-page work is independent and will be launched at Gadjah Mada University at Jokowi's suggestion.

Bappenas: Sharia economy key to growth amid crisis

Indonesia's Deputy Minister of National Development Planning, Febrian Alphyanto Ruddyard, has stated that developing the sharia economy is crucial for national economic growth in the face of escalating geopolitical tensions and global crises. He urged stakeholders to view the current uncertainty not as a temporary disruption but as an opportunity for structural economic transformation. The government is prioritising integration among OIC member states, downstreaming the halal industry, and cross-sector coordination to build a more resilient, inclusive, and sustainable economy.

Former UGM Student Body Chairman Tiyo Ardianto Reported to Police

Tiyo Ardianto, the former chairman of Gadjah Mada University's student executive body, has been reported to the South Tangerang police by lawyer Firdaus Oiwobo. The police have confirmed the report but have not yet disclosed the details of the case, stating that an investigation is currently underway. Both the complainant and the reported individual have yet to provide public statements on the matter.

BEM FPsi UNJ Disavows 'BEM Bersatu' Member, Reveals Figure Is an Alumnus Who Graduated in 2024

The Student Executive Board of the Psychology Faculty at Jakarta State University (BEM FPsi UNJ) has issued a formal disavowal of a group calling itself 'BEM Bersatu', clarifying that an individual who participated in its press conference is not a current student. The person, Ahmad Ghazy, is an alumnus who graduated in 2024 and had no mandate to represent the faculty's student body. The incident has sparked an ethical complaint, with BEM FPsi demanding a public apology for the misrepresentation.

Manggala Agni: Riau forest and land fires reach 15,318 hectares from January to May

Forest and land fires in Riau province have burned 15,318 hectares between January and May 2026, overwhelmingly on peatlands. This marks the largest affected area for the period since 2019 and a dramatic increase from just 751 hectares in the same months last year. Authorities are maintaining full field readiness and urging the public to avoid slash-and-burn land clearing.

Rectorate Asks Deans to Allow UMY Students to Protest Today

The leadership of Universitas Muhammadiyah Yogyakarta (UMY) has formally requested all deans and lecturers to permit students to participate in a demonstration addressing the current national situation. The rectorate views public expression of aspirations as part of democratic maturity and has asked for academic dispensations, including excused absences and make-up exams. The protest, organised by the student executive body, is part of a growing wave of student actions in Yogyakarta criticising the Prabowo-Gibran administration's policies.

Israel Continues to Bombard Southern Lebanon, Defying Iran?

Israeli forces have launched fresh air and drone strikes across southern Lebanon despite a US-Iran brokered peace deal aimed at ending the wider Middle East conflict. The attacks have killed at least five people since the agreement was announced, prompting Lebanese authorities to warn returning residents of ongoing risks. Iran has declared any further Israeli military action or continued occupation a violation of the understanding, while Israel insists its troops will remain as long as necessary.

Welcoming Islamic New Year, Baznas Strengthens Trust and Services for Mustahik

Indonesia's National Zakat Agency (Baznas) has reaffirmed its commitment to trustworthy fund management and improved services for mustahik during the Islamic New Year 1448 H. The agency held prayers and distributed aid to orphans, emphasising the spirit of transformation and the concept of hijrah as a catalyst for institutional progress. Baznas aims to collect more zakat, infak, and sedekah to sustainably serve the poor and needy across the country.

Local creative industries poised to withstand geopolitical pressures

Indonesia's human creativity-based sectors, such as gaming, digital applications, and animation, are considered the most resilient amid global geopolitical and economic volatility. The Ministry of Creative Economy highlights that these subsectors are immune to tariffs, embargoes, and commodity swings because their value stems from talent rather than imported raw materials. The government is pursuing concrete strategies including export certification, branding, and financing access to help local creators capture higher value in global markets.

Collaboration Provides Mass Circumcision Services for Hundreds of Underprivileged Children

Pakuwon Group, EMC Healthcare, and YPP foundation have jointly organised a mass circumcision event for around 700 underprivileged children in Jakarta. The initiative, involving 120 doctors and 90 nurses, prioritised patient safety and psychological comfort. Organisers highlighted the collaboration as a model for corporate social responsibility, demonstrating how partnerships can amplify community impact.

Bamus Betawi National Meeting: Suhud Urges Strategic Role in Jakarta's Development

Jakarta DPRD Speaker Suhud Alynudin has called on the Betawi Consultative Body (Bamus Betawi) to strengthen its role in the capital's development and cultural preservation. Speaking after the organisation's second national meeting, he stressed that indigenous Betawi people must not be marginalised as Jakarta transforms into a global city. Suhud also proposed integrating labour-intensive programmes with central government internship schemes.

2027 Budget Meeting: DPR Urges National Police to Purchase CCTV and Bodycams

During a 2027 budget hearing, a member of the Indonesian House of Representatives (DPR) urged the National Police to allocate funds for CCTV, bodycams, and tactical vehicle sensors. The request aligns with new Criminal Code requirements for bodycam use during arrests. The Police's proposed ideal budget of Rp184 trillion faces a shortfall of Rp66.1 trillion against the indicative ceiling set by the Ministry of Finance.

Europe Divided Against Dollar: Euro-Pound Fall, Swiss Franc Rises

European currencies showed mixed performance against the US dollar on Wednesday as markets awaited the Federal Reserve's interest rate decision. The British pound and Norwegian krone led losses, while the Swiss franc and Swedish krona managed gains. Investors are cautious ahead of the Fed meeting, seeking clues on the policy direction under new Chair Kevin Warsh.

Integrated National School Worth Rp 250 Billion to Be Built in Kupang

The Kupang Regency government in East Nusa Tenggara is set to begin construction of an Integrated National School next month, with a total investment of approximately Rp 250 billion. The project is part of a central government priority programme and will be built on 20 hectares of land in Manusak Village. Officials hope the school will expand access to quality education and reduce the region's reliance on educational institutions outside the province.

Regent: PENAS XVII a momentum to boost Gorontalo's economy and tourism

The Regent of Gorontalo, Sofyan Puhi, stated that hosting the XVII National Farmers and Fishermen Week (PENAS) will stimulate the local economy and promote the region's tourist destinations. The event, scheduled for June 2026, is expected to attract thousands of participants from across Indonesia. Preparations include infrastructure improvements, the renovation of tourist sites, and the provision of 6,000 homestays to accommodate visitors.

KPK Chief: Testimony Involving Customs Director General 'Cannot Be Ignored'

Indonesia's Corruption Eradication Commission (KPK) has stated it will thoroughly examine court testimony implicating the Director General of Customs and Excise in a major import bribery case. The KPK chief assured that information emerging during the trial, including allegations of Rp 21 billion in payments to the official, will be scrutinised and not dismissed. The case involves executives from PT BlueRay Cargo accused of paying a total of Rp 61.3 billion in bribes to customs officials.

Trade Minister Urges MSMEs to Obtain NIB for Financing Access and Digital Market Expansion

Indonesia's Trade Minister Budi Santoso is urging all businesses, particularly micro, small, and medium enterprises (MSMEs), to immediately obtain a Business Identification Number (NIB) to unlock wider financing access and government partnership programmes. The free online registration via the OSS system is now mandatory for e-commerce traders under new regulations, with an 18-month grace period for existing sellers. The policy aims to enhance legal compliance and boost the competitiveness of digitally traded products.

PPIH Debarkasi Makassar Welcomes Returning Hajj Pilgrims from Flight Group 22

The Hajj Organising Committee (PPIH) at Makassar Debarkation received 387 pilgrims from Bone Regency returning in flight group 22. A handover ceremony was conducted with the Bone district government, during which condolences were expressed for a pilgrim who passed away in the Holy Land.

US Military Strike in Pacific Kills Suspected Drug Smuggler

A US military operation targeting a suspected drug smuggling vessel in the eastern Pacific has resulted in one death, bringing the total fatalities from the controversial campaign to at least 208. The Pentagon's internal watchdog is planning to investigate whether proper targeting procedures were followed, though the review will not assess the strikes' legality under international law. Critics continue to question the effectiveness of the maritime campaign, noting that fentanyl primarily enters the US via land routes from Mexico.

Global Investors to Absorb EMAS Shares Ahead of Hong Kong Stock Exchange IPO

PT Merdeka Gold Resources (EMAS) has secured commitments from major global cornerstone investors for its planned initial public offering on the Hong Kong Stock Exchange. The cornerstone investors, including commodity traders and financial institutions, have agreed to absorb 49.9% of the base offering. The IPO will consist entirely of secondary shares sold by minority shareholders, with controlling shareholder PT Merdeka Copper Gold retaining its strategic stake.

Pertamina Finds Five Vehicles in Violation During Subsidised Fuel Inspection in Merauke

PT Pertamina Patra Niaga discovered five vehicles suspected of violating regulations during a cross-sectoral inspection of subsidised fuel distribution in Merauke, Papua Selatan. The operation, conducted with local government and law enforcement agencies, targeted three petrol stations to ensure subsidies reach eligible recipients. Pertamina has blocked the barcodes of the offending vehicles and reaffirmed its commitment to transparent and accountable energy distribution.

PPIH Conducts Surprise Inspection of Confiscated Hajj Pilgrim Items Warehouse in Madinah

The Hajj Organising Committee (PPIH) in Madinah carried out a surprise inspection of a warehouse holding items confiscated from pilgrims' luggage, reinforcing the ban on carrying Zamzam water in checked baggage. Officials warned that advanced X-ray screening will detect any prohibited items, including those wrapped in insulating materials, and that luggage will be forcibly opened if necessary. The measures aim to ensure flight safety, as leaking liquids and dangerous goods such as power banks and knives pose significant risks during the journey home.

216 State-Owned Enterprises Streamlined by June 2026, What About Employee Fate?

Indonesia's State-Owned Enterprise (SOE) Supervisory Board has consolidated 216 entities as part of a major restructuring drive, aiming to reduce the total number of SOEs from 1,043 to around 300 by the end of 2026. Chief Operating Officer Dony Oskaria assured that the streamlining process, which includes mergers and business clustering, will not result in layoffs. The transformation is intended to create more adaptive, professional, and competitive state companies to bolster national development.

OJK and TPAKD Educate Wakatobi Residents on Legal Investment to Combat Illegal Online Loans

Indonesia's Financial Services Authority (OJK) and the Regional Financial Access Acceleration Team (TPAKD) are intensifying financial literacy programmes in Wakatobi, Southeast Sulawesi, to steer residents away from illegal online lenders. The initiative focuses on promoting legal investment instruments and expanding access to formal financial services. The programme includes boosting capital market literacy, strengthening village-level financial ecosystems, and increasing interest-free micro-business loans to counter loan sharks.

Two Malaysian-Linked Drug Fugitives Arrested, Evidence Worth Rp137 Billion Seized

Indonesian police have arrested two fugitive drug couriers in Bengkalis, Riau, linked to a Malaysia-Indonesia narcotics network. The operation, which began with a failed sea interception in May, led to the seizure of 48 kg of methamphetamine, 15 kg of ketamine, and 20,000 ecstasy pills valued at Rp137.48 billion. Authorities are still pursuing four other suspects, including the alleged Malaysian and Indonesian controllers of the syndicate.

All First-Wave Hajj Pilgrims from Riau Have Returned Home

The final group of first-wave Hajj pilgrims from Riau province has safely arrived at Hang Nadim International Airport in Batam, marking the completion of their repatriation. A total of 4,416 pilgrims and officers from Riau have now returned to Indonesia, with officials praising the smooth coordination between Saudi and domestic authorities. The remaining Riau pilgrims in the second wave are scheduled to arrive on 20 June 2026.

Global Oil Prices Slump, DEN Confident Pertamax Price Will Fall Again

Indonesia's National Economic Council (DEN) believes the recent peace agreement between the United States and Iran has contributed to falling global crude oil prices. With prices now below US$80 per barrel, DEN member Mochammad Firman Hidayat is optimistic that non-subsidised fuel prices, including Pertamax, will soon be adjusted downwards. The council also projects an average oil price of US$80-US$85 per barrel for 2026, which would help maintain the fiscal deficit below 3% of GDP.

Minister Pigai Dismisses Komnas HAM's Allegation of Rights Violations in Free Meal Programme

Human Rights Minister Natalius Pigai has strongly refuted the National Commission on Human Rights' (Komnas HAM) claim that the Free Nutritious Meal Programme (MBG) shows strong indications of human rights violations. Pigai argued the programme is an ongoing process of fulfilling basic rights and should be evaluated, not prematurely labelled a violation. He emphasised that such social programmes align with international human rights standards and the state's obligation to ensure access to food and health.