Archive: 18 June 2026
Showing 551-600 of 1,644 articles
Thu, 18 Jun 2026, 17:42 WIB
Purbaya Takes on $17 Billion in New AIIB Debt for Infrastructure Projects
Finance Minister Purbaya Yudhi Sadewa has secured a $17 billion financing commitment from the Asian Infrastructure Investment Bank for Indonesian development projects between 2025 and 2029. The agreement, reached during a visit to Beijing, forms part of a multi-year rolling pipeline to accelerate strategic long-term investments. AIIB also expressed interest in opening a Jakarta representative office by June next year to improve project coordination.
Thu, 18 Jun 2026, 17:41 WIB
Prabowo summons Himbara leaders to discuss Indonesia's economy
President Prabowo Subianto convened leaders of Indonesia's state-owned banking association (Himbara) and key economic ministers to discuss the future direction of the national economy. The meeting focused on strengthening the intermediation role of state banks while maintaining prudential principles. Separately, the president also discussed palm oil prices, food security, and downstream industry development with the agriculture minister.
Thu, 18 Jun 2026, 17:41 WIB
Electric Vehicles Seen as Solution to Rising Fuel Prices, Association Urges Faster Transition
The Indonesian Electric Motorcycle Industry Association (AISMOLI) is urging the government to accelerate the transition to electric vehicles as a response to fluctuating fuel prices. A recent survey shows overwhelming public support, with 98% of respondents backing EV adoption and 81% of non-users willing to switch if it improves their quality of life. The association highlights significant operational cost savings of 74-83% for electric motorcycles compared to conventional ones.
Thu, 18 Jun 2026, 17:40 WIB
OJK and SROs Strengthen Transparency to Boost Investor Confidence in Capital Market
Indonesia's Financial Services Authority (OJK) and Self-Regulatory Organizations (SROs) are advancing structural reforms to enhance transparency and integrity in the capital market. Key measures include stricter free float requirements and improved data granularity, aimed at bolstering long-term investor trust. The initiative is supported by strong domestic investor participation and positive corporate earnings.
Thu, 18 Jun 2026, 17:40 WIB
Bank Mega Syariah's Commercial Financing Grows 13% Amid Robust Domestic Economy
Bank Mega Syariah reported a 13% year-to-date increase in commercial financing, reaching over Rp5.7 trillion by May 2026, driven by strong domestic economic activity. The bank remains optimistic about growth prospects in productive sectors such as education, healthcare, and export-oriented industries, despite global pressures from a strengthening US dollar.
Thu, 18 Jun 2026, 17:38 WIB
CORE: BI Prioritises Rupiah Stabilisation Through Interest Rate Hike
Bank Indonesia has raised its benchmark interest rate to 5.75 percent, marking the third increase in a short period, as it prioritises rupiah stability over economic growth. CORE Indonesia's Executive Director Mohammad Faisal noted the current 200 basis point spread with the Fed rate should be sufficient to attract dollar holders, warning that further hikes could impose significant costs on the real sector. He also urged the public to accept a new equilibrium for the rupiah at around Rp17,000 per US dollar.
Thu, 18 Jun 2026, 17:37 WIB
Ngelawang Barong Tradition on Galungan Day: Children Collect Many Donations
During the Galungan festivities in Klungkung, Bali, children performed the sacred Ngelawang tradition, parading Barong Bangkal and Barong Bangkung effigies around the town's central monument and square. The performances, which began on Galungan night, drew enthusiastic crowds who offered donations by placing money into the barong's mouth. The ritual is believed to neutralise negative energy and bring safety and prosperity to the community.
Thu, 18 Jun 2026, 17:37 WIB
Trump Lashes Out at Critics of Iran MoU: 'Fools!'
US President Donald Trump has angrily dismissed criticism of his newly signed memorandum of understanding with Iran, labelling detractors as 'jealous, evil, or stupid'. The backlash centres on claims that the deal, aimed at ending the Middle East conflict, grants Tehran significant financial concessions without securing the full dismantling of its nuclear programme.
Thu, 18 Jun 2026, 17:36 WIB
IHSG Closes Lower on Thursday Ahead of MSCI and FTSE Global Index Announcements
The Jakarta Composite Index (IHSG) fell 0.78% on Thursday as investors adopted a cautious stance ahead of key announcements from global index providers MSCI and FTSE Russell. The decline was also influenced by Bank Indonesia's decision to raise its benchmark interest rate by 25 basis points to 5.75%, the highest level since April 2025, in a bid to stabilise the rupiah and curb inflation.
Thu, 18 Jun 2026, 17:35 WIB
Tito Karnavian Updates on Fuel, Roads, and Petrol Stations After Sumatra Floods
Home Affairs Minister Tito Karnavian reports that national roads and bridges in Aceh, North Sumatra, and West Sumatra are fully functional following recent floods, though some local infrastructure remains damaged. All petrol stations and most markets have resumed operations, while electricity has been restored to the majority of affected villages. The government has allocated Rp100.1 trillion for permanent infrastructure rehabilitation and reconstruction through to 2028.
Thu, 18 Jun 2026, 17:35 WIB
B50 Biodiesel to Launch in Indonesia: Benefits and Differences from Conventional Diesel
Indonesia will implement the B50 biodiesel mandate nationally starting 1 July 2026, a policy aimed at reducing fuel imports and boosting domestic palm oil utilisation. The programme is projected to save up to Rp157 trillion in foreign exchange, create millions of jobs, and significantly cut greenhouse gas emissions. B50, a blend of 50% palm-based biodiesel and 50% conventional diesel, represents a step up from the existing B40 mandate.
Thu, 18 Jun 2026, 17:34 WIB
Palu M6.7 Earthquake: Three Dead, 108 Injured in Sigi Regency
The death toll from the magnitude 6.7 earthquake centred near Palu, Central Sulawesi, has risen to three, with all victims hailing from Sigi Regency. Local disaster officials also reported 108 injured residents and over 2,100 families affected. Two additional fatalities involved individuals with pre-existing health conditions who suffered falls or impacts during the tremor.
Thu, 18 Jun 2026, 17:31 WIB
Mandiri Jogja Marathon Combines Competition with Tourism Experience
The Mandiri Jogja Marathon 2026 aims to blend international-standard running with cultural tourism and local economic empowerment. The event, set to attract over 10,000 participants from 17 countries, is positioned as a model for national sport tourism. Organisers and local officials highlight its role in boosting visitor numbers, extending stays, and stimulating the regional economy.
Thu, 18 Jun 2026, 17:30 WIB
Kites Threaten Flight Safety, Supadio Airport Receives Five Reports
Supadio International Airport in Pontianak recorded five pilot reports of kite activity near flight paths between January and May 2026, raising serious safety concerns. The airport operator, PT Angkasa Pura Indonesia, is intensifying public education and cross-sector enforcement to mitigate the risk of kites disrupting take-offs and landings.
Thu, 18 Jun 2026, 17:30 WIB
Minister: 540,000 Canal Blocks Needed to Reduce Forest Fires to Zero
Indonesia's Environment Minister estimates that 540,000 canal blocks are required nationwide to prevent forest and land fires on peatlands, with only about 10 per cent built so far. He stressed the need for funding, community education, and collaboration to accelerate construction. The visit to Riau also highlighted preparations for a prolonged El Niño-driven dry season expected in 2026.
Thu, 18 Jun 2026, 17:30 WIB
Perbanas Launches UMKM Centre Amid Weakening SME Lending
The Indonesian National Banks Association (Perbanas) has inaugurated an UMKM Centre to support small and medium enterprises as new research reveals a persistent contraction in SME lending. The study indicates that credit growth for the sector has been in negative territory since late 2025, driven primarily by low demand rather than supply-side constraints. Perbanas aims to use the centre to help unbankable businesses become bankable and to foster collaboration across the financial ecosystem.
Thu, 18 Jun 2026, 17:30 WIB
Former Bima City Police Chief Detained at NTB Police Mobile Brigade Headquarters
Former Bima City Police Chief Didik Putra Kuncoro has been detained at the NTB Police Mobile Brigade headquarters after being handed over by investigators. He faces charges related to a narcotics distribution case, with prosecutors receiving evidence including cash. The case emerged from an investigation into other former officers and uncovered alleged payments totalling billions of rupiah intended for the ex-chief.
Thu, 18 Jun 2026, 17:30 WIB
Bank Credit Growth Returns to Double Digits
Indonesian bank credit growth surged to 11.51% year-on-year in May 2026, rebounding from single-digit expansion in April. Bank Indonesia highlighted strong investment lending and ample liquidity as key drivers, signalling robust financing activity to support the economy amid global uncertainties.
Thu, 18 Jun 2026, 17:29 WIB
Generation Z and Sharia Financial Literacy: A Major Overlooked Opportunity
Despite the rapid growth of Indonesia's digital economy and sharia finance sector, Generation Z's understanding of sharia financial concepts remains low. Many young people recognise Islamic financial terms but opt for more popular conventional services due to a lack of practical education and youth-focused promotion. Bridging this gap requires more innovative and relatable educational approaches to harness Gen Z's potential as drivers of the sharia economy.
Thu, 18 Jun 2026, 17:29 WIB
KPK Seizes House of Pekalongan Regent Fadia Arafiq in Semarang
The Corruption Eradication Commission (KPK) has seized a house belonging to non-active Pekalongan Regent Fadia Arafiq in Semarang and placed seizure notices on three commercial properties. Arafiq was previously named a suspect for allegedly orchestrating a conflict of interest in outsourcing procurement contracts worth Rp19 billion, with funds channelled to her family's company.
Thu, 18 Jun 2026, 17:28 WIB
KPK Seizes Assets of Fadia Arafiq: Homes and Retail Shops
Indonesia's Corruption Eradication Commission (KPK) has seized assets belonging to the inactive Pekalongan Regent Fadia Arafiq, including three franchise retail shops, a salon, and a house in Semarang. The seizures are linked to an alleged corruption case involving the procurement of outsourcing services and other projects. Investigators are also probing the purchase of land totalling approximately 10,000 square metres during her tenure.
Thu, 18 Jun 2026, 17:28 WIB
Santripreneur: Building the Ummah's Economy from Pesantren
The concept of 'santripreneur' is emerging as a strategic movement to transform Indonesia's Islamic boarding schools into centres of economic empowerment. By integrating Islamic values with modern entrepreneurship and digital technology, pesantren can leverage their millions of students to create jobs and foster self-reliance. This approach aligns with sharia economic principles and is seen as vital for preparing a generation capable of driving national economic change ahead of Indonesia's 2045 vision.
Thu, 18 Jun 2026, 17:27 WIB
Vice President Invites Parents and Islamic Boarding Schools to Participate in Free Nutritious Meal Programme
Vice President Gibran Rakabuming has called for broader community involvement in the Free Nutritious Meal (MBG) programme, suggesting parents, vocational schools, and religious organisations could all contribute. He emphasised that parental feedback is crucial for improving menus, particularly for children with selective eating habits. The government is also committed to refining the programme's targeting and governance to prevent corruption, especially in underdeveloped regions.
Thu, 18 Jun 2026, 17:27 WIB
Minister Confirms Food Stock Security Amid El Niño Mitigation Efforts
Agriculture Minister Andi Amran Sulaiman has assured that Indonesia's food stocks are secure, with current reserves sufficient for up to 11 months. Following a meeting with President Prabowo Subianto, he detailed extensive mitigation measures including irrigation and land optimisation to counter the potential impact of a severe El Niño.
Thu, 18 Jun 2026, 17:27 WIB
Situbondo optimistic rice production will reach 500,000 tonnes this year
Situbondo Regency in East Java is confident its rice production can hit 500,000 tonnes of dry unhusked grain this year, far exceeding the initial target of 321,000 tonnes. The surge is attributed to an innovative liquid organic fertiliser made from household waste, which has boosted yields from 7.3 to 9.1 tonnes per hectare in pilot projects. Local officials are encouraging wider adoption of the method to reduce production costs and chemical fertiliser dependency.
Thu, 18 Jun 2026, 17:26 WIB
Facing El Nino Godzilla, Agriculture Minister Amran Ensures Rice Stocks Secure for 10 Months
Indonesia's Agriculture Minister Andi Amran Sulaiman confirmed that national rice reserves, combined with stocks held by households and restaurants, are sufficient to cover the country's needs for up to 10 months. The government is also accelerating the construction of agricultural infrastructure such as reservoirs and irrigation systems to mitigate the risks posed by the El Nino Godzilla climate phenomenon.
Thu, 18 Jun 2026, 17:25 WIB
Women's Representation and the Party Cadre Crisis
Despite a Constitutional Court ruling strengthening the 30 percent quota for female legislative candidates, women's representation in Indonesia's parliament remains far from the target. Research indicates that many parties treat the quota as a mere administrative formality, often recruiting women hastily or relying on political kinship rather than systematic cadre development. Deep-rooted patriarchal culture and elite-driven internal party structures continue to hinder genuine progress.
Thu, 18 Jun 2026, 17:25 WIB
Forestry Minister Says Forest Fire Trend Declining During El Niño, but Vigilance Must Remain
Indonesia's Forestry Minister Raja Juli Antoni reports a significant downward trend in forest and land fires during recent El Niño cycles, with affected areas falling by over 55% since 2015. However, he warns against complacency as the 2026 dry season is predicted to be longer and drier, with fires already exceeding levels seen in comparable periods of 2019 and 2023. Coordinating Minister for Political and Security Affairs Djamari Chaniago stressed that regional security chiefs face removal if they fail to control fires in their areas.
Thu, 18 Jun 2026, 17:25 WIB
New B50 Biofuel to Launch 1 July 2026, Indonesia to Halt Diesel Imports
Indonesia's Ministry of Energy and Mineral Resources has confirmed the nationwide rollout of B50 biodiesel, a 50% palm oil blend, will commence on 1 July 2026. The policy aims to completely eliminate the country's reliance on imported diesel fuel. Technical trials across transport, mining, and agricultural sectors have reportedly yielded positive results, with the government now finalising the legal framework and distribution infrastructure.
Thu, 18 Jun 2026, 17:24 WIB
BI sees stable growth despite 100-basis-point rate hike
Bank Indonesia has raised its benchmark interest rate by 25 basis points to 5.75 percent, the third consecutive hike this year, to defend the rupiah against global volatility. Despite the tightening, Governor Warjiyo maintained the 2023 growth forecast of 4.9 to 5.7 percent, citing strong government consumption from national priority programmes and social assistance disbursements. The central bank pledged to continue its accommodative macroprudential stance and support digital payments to sustain domestic demand and financial inclusion.
Thu, 18 Jun 2026, 17:24 WIB
When a Child's Plate Becomes a National Development Priority
An opinion piece argues that Indonesia's Free Nutritious Meal Programme (MBG) represents a crucial shift in national development, prioritising the health and cognitive capacity of future generations over physical infrastructure. The author contends that tackling child malnutrition is fundamental to educational attainment and long-term national progress, but stresses that success requires rigorous quality control, equitable distribution, and community involvement.
Thu, 18 Jun 2026, 17:23 WIB
Digitalisation of Religious Tourism
A team from Universitas Ahmad Dahlan (UAD) has launched a community service programme in Yogyakarta's Karangkajen village to strengthen the digital management and services of its religious and historical tourism sites. The initiative focuses on the tomb of Muhammadiyah founder KHA Dahlan and other notable figures, aiming to improve visitor experience and create digital documentation. The programme involves training locals in visitor services, community engagement, and multimedia content creation to promote sustainable tourism development.
Thu, 18 Jun 2026, 17:23 WIB
Central Java Government Partners with LPSK to Enhance Witness and Victim Protection
The Central Java provincial government has signed a memorandum of understanding with the Witness and Victim Protection Agency (LPSK) to strengthen legal safeguards and social recovery for victims and witnesses. The collaboration, the first under the new 2026 Protection Law, aims to encourage more citizens to report crimes by guaranteeing confidentiality and psychological support. Officials highlighted that the initiative will also cover cases in educational institutions, including Islamic boarding schools, where victims often face significant social pressure.
Thu, 18 Jun 2026, 17:22 WIB
House Commission XIII Urges Government to Harmonise Medical Education Regulations
Indonesia's House Commission XIII has called on the government to harmonise regulations concerning medical education following allegations that professional certificates for prospective doctors are being withheld. The commission also requested the National Commission on Human Rights (Komnas HAM) to monitor human rights aspects in medical education and employment. The dispute centres on the retrospective application of a 2018 ministerial regulation and requirements for competency exams before certificate issuance.
Thu, 18 Jun 2026, 17:22 WIB
Four BAIS TNI Personnel Convicted of Acid Attack on Andrie Yunus File Appeal
Four Indonesian military intelligence personnel convicted of a premeditated acid attack that blinded KontraS deputy Andrie Yunus have filed an appeal. The military court in Jakarta found them guilty of aggravated assault causing serious injury, sentencing one to three years in prison and dismissal from service. The case remains open as prosecutors have yet to state their position on the appeal.
Thu, 18 Jun 2026, 17:22 WIB
Coordinating Minister for Political and Security Affairs Stresses Heightened Alertness to Prevent Forest and Land Fires
Coordinating Minister Djamari Chaniago has called for increased vigilance from all regional stakeholders ahead of the El Niño phenomenon expected to begin in late June, which could exacerbate forest and land fires. He warned that the positions of regional leaders and security apparatus are at stake if they fail in prevention and control efforts. The government noted positive progress in recent fire control measures and urged sustained, solid cooperation to maintain and improve upon these gains.
Thu, 18 Jun 2026, 17:21 WIB
South Sudan and UN Vow to End Displacement for 60,000 People by End of 2026
South Sudan and the United Nations have reaffirmed their commitment to resolving protracted displacement for at least 60,000 citizens by the end of 2026. Progress depends heavily on stability, land availability, and access to essential services, according to officials at a high-level meeting in Juba. The initiative comes as the country grapples with over 2.5 million internally displaced persons, a crisis exacerbated by conflict, recurrent flooding, and an influx of refugees from neighbouring Sudan.
Thu, 18 Jun 2026, 17:21 WIB
Forestry Minister says forest fire control trend during El Niño continues to improve
Indonesia's Forestry Minister Raja Juli Antoni reports a significant downward trend in forest and land fires during recent El Niño cycles, with affected areas falling from 2.61 million hectares in 2015 to 1.16 million hectares in 2023. He attributes the 55.6 per cent reduction to strong collaboration between agencies, security forces, and local communities. Despite the improvement, he urges heightened vigilance as the upcoming dry season is predicted to be earlier, longer, and drier.
Thu, 18 Jun 2026, 17:21 WIB
BI Governor: Decision to Raise BI-Rate to 5.75 Percent for Rupiah Stability
Bank Indonesia has raised its benchmark interest rate by 25 basis points to 5.75 percent in a pre-emptive move to stabilise the rupiah amid global uncertainty. Governor Perry Warjiyo cited ongoing Middle East tensions and potential US Federal Reserve rate hikes as key external pressures. The central bank expects the policy to attract foreign capital inflows into domestic instruments, supporting the currency and keeping inflation within target.
Thu, 18 Jun 2026, 17:20 WIB
Agriculture Minister Urges Police to Act Against Palm Oil Mills Depressing Fresh Fruit Bunch Prices
Indonesia's Agriculture Minister has formally requested the National Police chief to take action against palm oil mills that are unilaterally lowering fresh fruit bunch (TBS) prices, despite rising global CPO prices and a stronger US dollar. The government has identified around 100 mills still resisting price increases after initial interventions, and the minister expects prices to normalise within a week to protect the livelihoods of millions of smallholder farmers.
Thu, 18 Jun 2026, 17:20 WIB
Russian Warship Fires Warning Shots at British Vessel in English Channel
A Russian frigate fired warning shots at a British-flagged yacht in the English Channel after the civilian vessel allegedly ignored multiple warnings and approached dangerously close. The incident, which occurred in international waters, comes just days after British commandos seized a tanker suspected of carrying sanctioned Russian oil.
Thu, 18 Jun 2026, 17:19 WIB
UN: Armed groups hamper Ebola response in DR Congo
The United Nations has reported that armed groups in eastern Democratic Republic of the Congo are obstructing efforts to contain the Ebola outbreak, including briefly detaining five emergency workers. Ongoing clashes are also forcing mass displacement, with nearly 20,000 people fleeing their homes in a single day, severely limiting humanitarian access in affected provinces.
Thu, 18 Jun 2026, 17:19 WIB
Awkarin Requests Postponement of Examination in Hanania Travel Umrah Fraud Case
Social media influencer Karin Novilda, known as Awkarin, has requested a delay in her police examination regarding the alleged umrah travel fraud involving PT Khazanah Tamma Internasional. The company's director has already been named a suspect and detained, with investigators revealing that customer funds were misused, including payments to influencers for promotional purposes.
Thu, 18 Jun 2026, 17:19 WIB
Police arrest fabric thief in Tambora, West Jakarta
A 23-year-old man has been arrested in Tambora, West Jakarta, for allegedly stealing two rolls of fabric worth Rp2 million from a residence. The suspect was apprehended by police and local residents shortly after attempting to flee the scene. He is currently being held for further investigation.
Thu, 18 Jun 2026, 17:18 WIB
Bank Jambi and OJK Expand Financial Inclusion for Suku Anak Dalam Community
Bank Jambi and the Financial Services Authority (OJK) have extended financial literacy and inclusion programmes to the remote Suku Anak Dalam community in Merangin Regency, Jambi. The initiative aims to provide equitable access to formal banking services, promote savings habits, and protect the indigenous group from financial fraud. Officials highlighted the persistent gap between national financial literacy and inclusion rates, emphasising targeted outreach to rural and underdeveloped regions.
Thu, 18 Jun 2026, 17:18 WIB
Daihatsu captures 17.4 percent market share in May 2026
PT Astra Daihatsu Motor (ADM) recorded a national market share of 17.4 percent in May 2026, driven by retail sales of 12,531 units, a 25 percent year-on-year increase. The company attributes the growth to strong consumer trust, competitive pricing, and a broad after-sales network. Daihatsu is also launching a 'Midyear Surprise Deal' promotion to sustain momentum through the first half of the year.
Thu, 18 Jun 2026, 17:17 WIB
KPK Seizes House of Non-Active Pekalongan Regent Fadia Arafiq in Semarang
Indonesia's Corruption Eradication Commission (KPK) has seized a house belonging to non-active Pekalongan Regent Fadia Arafiq in Semarang and placed seizure notices on three commercial properties in Pekalongan. The actions are part of an ongoing investigation into alleged corruption involving procurement contracts worth billions of rupiah. Arafiq was arrested in March 2026 and named a suspect for allegedly steering government contracts to a family-owned company, resulting in an estimated Rp19 billion in illicit gains.
Thu, 18 Jun 2026, 17:17 WIB
Apa itu NIB e-Commerce?
Pemerintah Indonesia kini mewajibkan seluruh pedagang daring di marketplace untuk memiliki Nomor Induk Berusaha (NIB) berdasarkan Permendag Nomor 19 Tahun 2026. Regulasi ini bertujuan memperjelas hak dan kewajiban penjual, platform, dan konsumen dalam ekosistem perdagangan elektronik. NIB diterbitkan melalui sistem OSS yang dikelola Kementerian Investasi/BKPM dan berlaku bagi berbagai pelaku usaha digital, termasuk UMKM yang berjualan lewat media sosial.
Thu, 18 Jun 2026, 17:17 WIB
BI Reinforces 7 Steps to Stabilise Rupiah, Optimistic on Exchange Rate Strengthening
Bank Indonesia has outlined seven key policy measures to stabilise the rupiah and control inflation amid global uncertainty. Governor Perry Warjiyo expressed confidence that the currency will continue to strengthen, supported by consistent monetary policy, strong fiscal coordination, and easing global pressures. The central bank also raised its benchmark interest rate by 25 basis points to 5.75% to attract foreign portfolio investment.
Thu, 18 Jun 2026, 17:17 WIB
Bank Lending Grows 11.51% in May 2026, BI Optimistic Target Will Be Met
Indonesian bank lending accelerated to 11.51% year-on-year in May 2026, up from 9.98% in April, driven by a surge in investment credit. Bank Indonesia remains confident that full-year credit growth will stay within the 8-12% target range, supported by ample undisbursed loan facilities and strong capital buffers. The central bank also highlighted the sector's resilience against geopolitical risks, with a high capital adequacy ratio of 23.97% and low non-performing loans.