Indonesian Political, Business & Finance News

Archive: 18 June 2026

Showing 251-300 of 1,644 articles

Bahlil Evaluates DMO Coal Price for Power Plants, Here's Why

Energy Minister Bahlil Lahadalia has opened the possibility of revising the domestic coal price cap for PLN power plants, which has remained at US$70 per tonne since 2018. The review is driven by rising upstream operational costs and higher stripping ratios for coal producers. The government aims to balance the interests of both the state electricity company and mining businesses to prevent losses on either side.

Former Employee Burgles Fruit Distributor's Home in Serang, Rp 3 Billion Stolen

A former employee in Serang, Banten, has been arrested for stealing Rp 3 billion from his ex-boss's home. The suspect, who harboured a grudge over his salary, broke in through the ceiling while the house was empty. Police have recovered over Rp 1 billion in cash and seized vehicles purchased with the stolen funds.

Red Heifer in Jewish Belief Has Been Born, Is the Ritual for the Destruction of Al-Aqsa Drawing Near?

The Temple Institute in Jerusalem has announced the birth of a red heifer in Galilee, claiming it meets biblical criteria for a purification ritual. The calf's birth within occupied Palestine is seen by some as overcoming previous rabbinical objections to imported heifers, potentially fulfilling a prerequisite for entering the Al-Aqsa Mosque compound. This development has reignited concerns among Palestinian and regional observers about the implications for the holy site.

Relocation Homes Not Yet Built, Landslide Survivors in Pasirlangu Receive Rental Assistance

Survivors of the deadly landslide in Pasirlangu Village, West Bandung Regency, have received Rp 172.8 million in rental assistance as permanent relocation housing remains under discussion. The aid, provided by the local government and alumni donors, will cover nine months of rent for 32 displaced families. Officials pledged continued support and monitoring, with further assistance promised if new homes are not completed within the period.

Foreign inflows into SRBI help stabilize rupiah: BI Governor

Bank Indonesia Governor Perry Warjiyo reported that non-resident holdings of SRBI reached Rp238.1 trillion, or 23.3% of the total, by mid-June 2026, aiding rupiah stability. The central bank has raised SRBI yields, intensified forex interventions, and offered hedging incentives to attract foreign capital and shield the currency from global uncertainty. These measures, alongside positive economic prospects, have helped the rupiah strengthen to Rp17,730 per US dollar.

Dasco says DPR leadership will receive protesting students tomorrow

House of Representatives (DPR) Deputy Speaker Sufmi Dasco Ahmad has confirmed that the DPR leadership plans to meet with student protesters on Friday. The students have been demonstrating over recent economic conditions, and Vice President Gibran Rakabuming Raka previously met with their representatives earlier in the week. The meetings signal a high-level political engagement with the student-led protests.

Indonesia ranks second in GMTI 2026

Indonesia has climbed to second place in the Mastercard-CrescentRating Global Muslim Travel Index (GMTI) 2026, up from fifth last year. The ranking places Indonesia just behind Malaysia and alongside Saudi Arabia and Turkey, reflecting its growing appeal as a Muslim-friendly destination. West Java was also recognised as the 'Most Promising Muslim-Friendly Region of the Year'.

National Nutrition Agency Halts Free Nutritious Meal Distribution During School Holidays

Indonesia's National Nutrition Agency (BGN) has announced a complete halt to the distribution of the Free Nutritious Meal (MBG) programme during the upcoming school holidays, marking a departure from previous practice. The suspension, effective from 22 June to 13 July 2026, applies to both students and non-student beneficiaries such as toddlers and pregnant women. The agency stated the pause is intended to optimise operational governance, resource efficiency, and programme standardisation.

Indonesia, Uzbekistan Commit to Enhanced Partnership through Women's Empowerment

Indonesia and Uzbekistan have agreed to deepen inclusive trade ties by empowering women entrepreneurs and small businesses. Deputy Trade Minister Dyah Roro Esti Widya Putri highlighted that women manage 64.5 percent of Indonesian SMEs and proposed cooperation through the BISA Export programme, while Uzbekistan's Deputy Prime Minister Zulaykho Mahkamova offered the Women Business Accelerator initiative. Both nations aim to boost market access for flagship products like tea, halal goods, and modest fashion, and Indonesia invited Uzbek participation in the 41st Trade Expo Indonesia.

Jasa Marga intensifies toll road preservation ahead of school holiday period

State-owned toll road operator PT Jasa Marga is ramping up routine and preventive maintenance across its network to ensure safety and comfort during the upcoming school holiday travel surge. The programme includes gate upgrades, barrier installations, and AI-assisted road scanning to expedite repairs. Most works are scheduled at night to minimise traffic disruption, with real-time updates provided via the Travoy app.

Former BGN Deputy Sony Sonjaya Remains Silent After Nine-Hour Corruption Probe

Sony Sonjaya, former deputy head of the National Nutrition Agency (BGN), refused to comment after a nine-hour interrogation by prosecutors over alleged corruption in the free meal programme (MBG). He was escorted out in a pink detainee vest and handcuffs, having previously applied to become a justice collaborator. His legal team claims he was made a scapegoat and intends to expose other parties involved in the scandal.

UI strengthens education and research ties with Harbin Institute of Technology

Universitas Indonesia (UI) is expanding its international academic partnerships by exploring a strategic collaboration with China's prestigious Harbin Institute of Technology (HIT). The proposed cooperation will focus on joint research in digital transformation, artificial intelligence, data security, and the establishment of a jointly managed digital science centre. The initiative also aims to leverage HIT's membership in the BRICS Network University, following Indonesia's accession to the bloc.

KPK Says Fuad Maktour's Testimony Strengthens Evidence of Criminal Acts by Yaqut and Others

Indonesia's Corruption Eradication Commission (KPK) stated that testimony from Fuad Hasan Masyhur, Director of PT Makassar Toraja, has reinforced evidence against suspects in the alleged corruption case involving additional hajj quotas for 2023-2024. The case implicates former Religious Affairs Minister Yaqut Cholil Qoumas and three others, with state losses estimated at Rp622 billion. Despite the KPK's assertion, Masyhur denied discussing allegations that his operational director bribed the former minister.

Central Sulawesi Police Mobile Brigade Assists Earthquake Victims in Sigi

Personnel from the Central Sulawesi Police Mobile Brigade (Brimob) have been deployed to clear debris from damaged homes in Sigi Regency following a magnitude 6.7 earthquake. The unit is also providing clean water and ready-to-eat meals to support the basic needs of affected residents during the post-disaster recovery. The operation underscores Brimob's commitment to humanitarian duties as an integral part of its service to the community.

BPJPH and ESQ Corp Strengthen Organisational Culture to Support National Halal Programme

Indonesia's Halal Product Assurance Agency (BPJPH) has signed a strategic partnership with ESQ Corp to enhance human resources and talent management. The collaboration aims to accelerate the national halal certification programme, which becomes mandatory for many products in October 2026. Officials emphasised that halal is now a global standard for health, cleanliness, and sustainability, requiring strong institutional integrity to implement successfully.

Garongan Village Head in Kulon Progo Named Suspect in Illegal Levy Case

Ngadiman, the village head of Garongan in Kulon Progo, has been officially named a suspect by police for alleged illegal levies related to marriage administration. Investigators believe his actions meet the elements of corruption under the Tipikor Law, though he has not yet been detained. The case emerged after a resident's social media post about being asked for money went viral, prompting a counter-report from the village head.

Ministry outlines five strategic pillars to combat AI-driven disinformation

Indonesia's Ministry of Communication and Digital Affairs has set out five strategic pillars to tackle the growing threat of AI-generated disinformation, which surged 43 percent on social media platforms between 2020 and 2023. The pillars span public digital literacy, ethical AI development, regulatory strengthening, international cooperation, and support for independent journalism. Officials stressed that no single entity can address the problem alone and called for a comprehensive multi-stakeholder response.

Home Affairs Minister: Permanent infrastructure becomes focus of Sumatra recovery

Indonesia's Home Affairs Minister Tito Karnavian has announced that post-disaster rehabilitation in Sumatra is shifting towards permanent infrastructure reconstruction. Road and bridge projects, both national and regional, are now the top priority, with central government ready to take over if local authorities cannot deliver. The government has already disbursed Rp10.6 trillion in additional regional transfer funds to support recovery across Aceh, North Sumatra, and West Sumatra.

Dasco Hopes State Secretariat Ministry Will Accommodate Former Hotel Sultan Employees

Deputy House Speaker Sufmi Dasco Ahmad has urged the State Secretariat Ministry to absorb former employees of Hotel Sultan following the government's takeover of the property. The ministry has instructed the Gelora Bung Karno Complex management to register and look after the affected workers, pledging not to sacrifice them. The handover was marred by clashes that left 29 injured and led to 119 arrests.

Government Responds to Reports of Extraordinary General Meeting and PLN Board Reshuffle

Indonesian government officials have addressed speculation about an imminent extraordinary general meeting (RUPSLB) of state electricity firm PLN that could lead to a boardroom reshuffle. Investment Minister Rosan Roeslani confirmed a meeting is planned but gave no details on timing or the potential replacement of the president director. Coordinating Minister for Economic Affairs Airlangga Hartarto separately stated his morning meeting with PLN management did not discuss any leadership changes.

Breakfast Remains Untouched Amid Chaotic Hotel Sultan Eviction

The eviction of the former Hotel Sultan in Jakarta turned chaotic as a group of protesters threw stones and wood at officers. Despite the unrest, the court-ordered execution proceeded, with police securing the lobby and escorting remaining guests out. Notably, the hotel's breakfast buffet remained fully laid out and largely untouched well past midday.

OJK Appoints IDX Board of Directors for 2026-2030, Jeffrey Hendrik Becomes Definitive President Director

Indonesia's Financial Services Authority (OJK) has finalised the slate of directors for the Indonesia Stock Exchange (IDX) for the 2026-2030 term, with Jeffrey Hendrik confirmed as the definitive President Director. The seven nominees, including new appointments for key roles such as IT and Risk Management, will be submitted for shareholder approval at the IDX's Annual General Meeting on 29 June 2026. The selection process adhered to OJK regulations and a fit-and-proper test conducted by a dedicated committee.

Danantara CEO and Airlangga Respond to PLN Extraordinary Shareholders Meeting Rumours

Danantara CEO Rosan Roeslani confirmed there are plans for an Extraordinary General Meeting of Shareholders (RUPSLB) at state electricity firm PLN, but declined to specify the timing or whether a change of directors is on the agenda. Coordinating Minister for Economic Affairs Airlangga Hartarto separately stated that a morning meeting with PLN did not discuss replacing the managing director.

Sony Sonjaya remains silent after 9-hour questioning by Attorney General's Office

Former Deputy Head of the National Nutrition Agency (BGN), Sony Sonjaya, refused to comment after being interrogated for nine hours by the Attorney General's Office over alleged corruption in the Free Nutritious Meal (MBG) programme. He is one of five suspects in the case, which involves the mismanagement of the programme's governance for 2025-2026. Sonjaya has previously applied to become a justice collaborator, claiming he was pressured by other parties regarding the allocation of kitchen service points.

Cirebon's Online Junior High School Admissions See Parents Still Flocking to Schools for Help

Despite Cirebon's new online junior high school admission system (SPMB) being fully digital, many parents are visiting target schools in person to avoid registration errors. The local education agency has set up assistance services at schools and its office to support parents with varying digital literacy levels, while maintaining that all applications must be submitted online.

BI Rate Hike Proves Central Bank's Seriousness in Taming the US Dollar

Bank Indonesia has raised its benchmark interest rate by 25 basis points to 5.75% in an aggressive move to stabilise the rupiah. The decision, coupled with a cap on US dollar purchases, signals a hawkish and pre-emptive stance despite the US Federal Reserve holding its rates steady. An economist noted the policy is an extraordinary but temporary measure requiring calm from stakeholders and supportive fiscal coordination.

National Nutrition Agency to Recruit Nutritionists and Health Experts for 7 Advisory Board Seats

Indonesia's National Nutrition Agency (BGN) plans to fill seven vacant positions on its Advisory Board with experts in nutrition and public health. The board, mandated by the agency's founding regulations, will provide strategic recommendations to ensure the Free Nutritious Meals programme is effectively targeted. The move aims to strengthen governance and policy quality for the national nutrition initiative.

OJK Urges New IDX Directors to Deliver Best Performance for Indonesian Capital Market

Indonesia's Financial Services Authority (OJK) has called on the newly elected board of directors of the Indonesia Stock Exchange (IDX) for the 2026-2030 term to prioritise strong governance and integrity reforms. The regulator emphasised the need for continuity in market integrity initiatives to foster a more advanced capital market. The new board, led by Jeffrey Hendrik as President Director, will be formally approved at the IDX's Annual General Meeting of Shareholders on 29 June.

DPR Member: Additional Law Enforcement Budget Must Benefit the People

A member of House Commission III has stressed that any proposed budget increases for law enforcement agencies must deliver tangible benefits to the public. The call comes as the National Police, PPATK, KPK, and BNN have requested substantial additional funds for 2027. The legislator emphasised that spending must be measured by real-world impact, such as reduced crime rates and faster public service, alongside greater transparency and accountability.

Indonesia and Germany Discuss Expanding Migrant Worker Placements into New Sectors

Indonesia and Germany are exploring the expansion of Indonesian migrant worker placements beyond the healthcare sector to meet Germany's demand for skilled labour. The discussions, held between the Indonesian Deputy Minister for Migrant Worker Protection and GIZ, also covered diversifying placement sectors and supporting vocational programmes like SMK Go Global. Language proficiency requirements remain a key challenge, with both sides agreeing to strengthen coordination to identify sectors with the greatest near-term potential.

Wärtsilä Tests 100% Hydrogen Engine Connected to Spain's National Grid

Finnish technology group Wärtsilä has commenced validation of what it claims is the world's first large-scale pure hydrogen engine supplying power to a national grid, in Bermeo, Spain. The test aims to demonstrate that hydrogen-ready engines can provide flexible, dispatchable power to support renewable-dominated energy systems. The company also highlighted a previous hydrogen blending test in Indonesia as evidence of the technology's readiness for commercial deployment.

Observer: US-Iran MoU Gives Major Advantage to Tehran, Israel Cornered

A Middle East analyst argues the latest US-Iran memorandum of understanding significantly benefits Tehran, particularly by recognising its role in controlling the Strait of Hormuz. The deal places Israeli Prime Minister Benjamin Netanyahu in a difficult position, as defying Washington carries substantial political risk. With depleted military resources, Israel is seen as unable to act unilaterally against Iran, and the analyst suggests a return to a two-state solution is its only rational path out of regional isolation.

BGN to Streamline Budget, Scrap Ineffective Procurement

Indonesia's National Nutrition Agency (BGN) is conducting a comprehensive review of its 2025 expenditures to improve budget efficiency. The agency will not repeat procurements deemed to have low impact on the Free Nutritious Meals (MBG) programme. Some of BGN's budget has also been blocked by the Ministry of Finance, reducing its effective spending ceiling from the initial allocation.

BMKG: Jambi Province Expected to See Rain Throughout the Coming Week

The Meteorology, Climatology and Geophysics Agency (BMKG) has forecast continued rainfall across Jambi Province for the next week, driven by supportive atmospheric conditions. Officials clarified the current rain is a natural phenomenon and unrelated to any prior government weather modification operations. Residents have been urged to remain vigilant and take anticipatory measures against potential extreme weather impacts.

Sahroni Urges Residents to Report Crime as Brawls Surge in North and West Jakarta

Deputy Chairman of the House Commission III, Ahmad Sahroni, has instructed local police chiefs to intensify security measures amid a rise in street brawls and crime in North and West Jakarta. During a community outreach event, he urged residents to actively report criminal activities directly to his social media for swift coordination with law enforcement. The event also saw the distribution of 2,000 Smart Indonesia Program (PIP) cards to eligible students in the area.

National Library Proposes Budget Increase to Strengthen Literacy Improvement

The National Library of Indonesia (Perpusnas) has requested an additional Rp357.77 billion in funding from the House of Representatives to sustain national literacy programmes. The proposed increase aims to restore the institution's funding capacity for priority initiatives, including inclusive library transformation and digital service enhancement. Parliamentary Commission X has expressed collective support, deeming the current indicative budget ceiling for 2027 insufficient to meet national literacy targets.

Bulog accelerates food aid distribution in Gorontalo

State logistics agency Bulog is fast-tracking the distribution of food aid in Gorontalo province, with over 85 percent of the 170,000 beneficiaries already reached. The programme, a presidential priority, provides rice and cooking oil to ease household expenses and maintain access to staple foods. Bulog is coordinating with local governments to ensure timely, accountable delivery across all regions.

UP Rector Reminds That Pancasila Values Should Be Implemented, Not Just Memorised

Universitas Pancasila's rector has stressed that the nation's philosophical principles must be put into practice rather than merely recited. He cited the university's six houses of worship as proof of its commitment to fostering a tolerant and diverse campus environment. The institution is also engaging Gen-Z students through workshops and video competitions to popularise Pancasila values.

Presidential Staff Office Reviews Free Health Check Programme for Students in North Jakarta

Head of the Presidential Staff Office, Dudung Abdurachman, visited schools in Penjaringan, North Jakarta, to oversee the Free Health Check (CKG) programme, a key government priority. The initiative aims to detect health issues early in schoolchildren to support their development and prepare them for the 'Golden Indonesia 2045' vision. Recent screenings revealed no suspected tuberculosis cases, while two students flagged for hepatitis B have been referred for treatment.

Situbondo sugarcane land expansion reaches 598 hectares

Situbondo Regency in East Java has expanded its sugarcane planting area by 598 hectares, surpassing the Agriculture Ministry's target of 350 hectares. The expansion is part of a national drive to accelerate sugar self-sufficiency, with the regency also progressing on a ratoon replacement programme. Local officials are optimistic about contributing significantly to the national sugar production target set by President Prabowo Subianto.

Unhas and MPR RI Collaborate to Strengthen National Values

Hasanuddin University (Unhas) and the People's Consultative Assembly (MPR) of Indonesia have signed a memorandum of understanding to enhance the role of academics in developing national values and constitutional awareness. The partnership aims to leverage the university's academic capacity to provide constructive input on statehood issues. Both institutions plan to develop collaborative programmes including seminars, research, and constitutional literacy initiatives for the public.

Former Indonesian Navy Chief of Staff Admiral Achmad Sutjipto Passes Away

Admiral (Ret.) Achmad Sutjipto, former Chief of Staff of the Indonesian Navy, has died at the age of 81 in Jakarta. Legislators and military colleagues have paid tribute to his lifelong dedication, professionalism, and significant contribution to national defence. He will be laid to rest at the Kalibata Heroes' Cemetery.

Chronology of the Hotel Sultan Dispute: From State Project to Eviction

The eviction of the Hotel Sultan complex by the Central Jakarta District Court marks the latest chapter in a land dispute spanning over two decades. The conflict pits the Indonesian government against PT Indobuildco over the status of land in the Gelora Bung Karno complex, with the state asserting its ownership after the company's building rights expired. The case traces its origins to a 1970s hotel project initiated with state support, which later became mired in questions over whether the land was a state asset or privately controlled.

Trump Accused of Being Outmanoeuvred by Iran After Signing MoU

President Donald Trump's memorandum of understanding with Iran, intended to end Middle East conflict, has triggered a fierce domestic backlash. US media across the political spectrum, including Fox News and the Wall Street Journal, argue the deal grants Tehran massive financial concessions without achieving pre-war objectives. Critics claim the agreement, which facilitates USD 300 billion in reconstruction funds, rewards Iran before any full dismantling of its nuclear programme.

Armed Robbery in Menteng: Victim Held Captive and Stabbed, Now in Critical Condition

A violent armed robbery occurred in the elite Menteng area of Central Jakarta, leaving one victim critically injured with seven stab wounds. Two suspects reportedly entered a residence, attacked a guest, and stole gold belonging to the homeowner. Police are currently investigating the incident and searching for the perpetrators.

Hotel Sultan Execution: Dasco Vows to Coordinate Employee Fate with Government

House Deputy Speaker Sufmi Dasco Ahmad has pledged to coordinate with the State Secretariat Ministry to safeguard the jobs of former Hotel Sultan employees following the government's eviction of the site. The government executed the land clearance on Thursday to reclaim the Gelora Bung Karno complex as a state asset after 50 years of private management. Officials have assured workers they will not be abandoned and will be involved in the area's future operations.

KSP Dudung Intervenes in Polemic Over 15 Containers of PT PMM Ilmenite, What's the Outcome?

Presidential Chief of Staff Dudung Abdurachman convened a meeting with stakeholders to address the controversy surrounding 15 containers of ilmenite mineral owned by PT Putra Mineral Mandiri (PMM). The company's legal counsel clarified that the export activities were lawful and denied allegations of smuggling radioactive materials or rare earth metals. Customs and Sucofindo confirmed that inspection procedures were properly followed, while the KSP pledged to review all input before issuing further recommendations.

Indonesia Ready to Host MotoGP Mandalika 2026, Targeting Greater Economic Impact

Indonesia is preparing to host the Pertamina Grand Prix of Indonesia 2026 at the Mandalika International Circuit, marking the fifth consecutive year of the event. The government and organisers are targeting an economic impact exceeding the Rp4.7 trillion generated by the previous edition, leveraging the race as a key driver for national sport tourism. Officials highlighted the event's role in promoting Indonesian culture and attracting investment to the special economic zone.

BMKG Warns of Forest and Land Fires in South Papua Due to Prolonged El Niño Dry Season

Indonesia's Meteorology, Climatology and Geophysics Agency (BMKG) has issued an early warning for potential forest and land fires in South Papua Province. The heightened risk is attributed to an extended dry season exacerbated by the El Niño phenomenon, which has significantly reduced rainfall. Authorities are urging the public to avoid open burning and advising farmers to adapt by planting drought-resistant crops.

Central Kalimantan Provincial Government Achieves Unqualified Opinion for 12th Consecutive Year

The Central Kalimantan Provincial Government has received an Unqualified Opinion (WTP) from the Indonesian Supreme Audit Agency (BPK) for its 2025 fiscal year financial report, marking the 12th consecutive year of achieving the highest audit rating. Governor Agustiar Sabran attributed the success to improved financial governance and cross-departmental collaboration, while emphasising that the WTP status is not the ultimate goal. The BPK noted remaining weaknesses, particularly in the management of official residences and related levy collections, and has recommended integrated asset management and optimised revenue collection.