Indonesian Political, Business & Finance News

Archive: 1 June 2026

Showing 701-750 of 1,447 articles

Profile of 81st Pancasila Day Ceremony Commander Requested by Prabowo to Meet

President Prabowo Subianto summoned the commander of the 81st Pancasila Day ceremony following a smooth event at the Foreign Ministry. Colonel Didin Nasrudin Darsono, a seasoned military officer with postings in Surabaya, Blitar, and Surakarta, was called to report directly to the president.

Grounding the Pancasila Economy

Indonesia's economic growth of 5.61% in Q1 2026 masks growing inequality, with the middle class declining from 47.9 million in 2024 to 46.7 million in 2025 despite contributing over 81% of national consumption. The Pancasila Economy, rooted in constitutional principles of shared prosperity, offers a necessary framework to align macroeconomic gains with social equity and long-term stability.

Prabowo Asserts One-Stop Export System for Palm Oil and Coal to Ensure Public Welfare

President Prabowo Subianto has introduced a one-stop export system for palm oil and coal to ensure natural resource profits benefit Indonesian citizens directly. He emphasised industrialisation, cooperative revitalisation, and adherence to Pancasila principles to achieve equitable economic growth and social justice.

Domestic worker in Bogor dies after allegedly being scalded with boiling water by colleagues taking turns

A 26-year-old domestic worker in Bogor died after allegedly being scalded with boiling water by three colleagues over a missing smartwatch charger. The assault occurred on 27 May, with the victim found dead on 30 May following deteriorating injuries. Cileungsi Police are conducting further investigations into the case.

Jokowi to Tour Regions as Hasto Kristiyanto Demands Accountability

PDI-Perjuangan Secretary-General Hasto Kristiyanto has stated that former President Jokowi's planned regional tours are not electoral exercises but a matter of accountability. He criticised previous administrations' policies, including high social assistance spending allegedly for electoral purposes and infrastructure projects lacking multiplier effects, warning that citizens will demand explanations for systemic damage to legal and democratic structures.

Ministry of Hajj and Umrah urged to publish accredited Umrah travel agencies following Hanania Travel case

House of Representatives Commission VIII member Hidayat Nur Wahid has called for the Ministry of Hajj and Umrah to publish an official list of accredited Umrah travel agencies (PPIU) following the Hanania Travel case, where hundreds of pilgrims were defrauded. The call comes as Jakarta Metropolitan Police have named the company's director as a suspect in an embezzlement case, highlighting the need for regulatory transparency to protect pilgrims' rights under the Hajj and Umrah Law.

Defence Minister Sjafrie Sjamsoeddin Honours Ryamizard Ryacudu as a Model Soldier

Defence Minister Sjafrie Sjamsoeddin paid his final respects to the late General Ryamizard Ryacudu, praising his integrity and dedication as a role model for soldiers. President Prabowo and Vice President Gibran attended the funeral, which followed Ryamizard's death after intensive care at RSPAD.

KCIC Adds Six Train Services for Long Holiday Return Rush

KCIC has increased daily Whoosh train services to 68 to manage the post-holiday return rush during Waisak and Pancasila Day celebrations, adding 3,600 seats to reach a total capacity of 40,000. The extension of operating hours and additional feeder services aims to enhance passenger flexibility and extend holiday travel options into the evening.

Lenteng Agung Road towards Depok Closed Until Tomorrow: Alternative Routes Provided

The Jakarta Provincial Government has temporarily closed Lenteng Agung Road towards Depok from 2pm today until 5am tomorrow for underground channel repairs. Alternative routes have been established with traffic marshals guiding motorists, and authorities have apologised for the disruption, urging commuters to follow directions and adjust travel plans accordingly.

Prabowo Speaks on Religious and Humanitarian Economics

President Prabowo Subianto has called for an economic transformation rooted in Pancasila values, emphasizing responsible resource management, social justice, and equitable growth. He stressed that Indonesia’s economy must prioritise national interests over foreign control and ensure benefits reach all citizens, particularly vulnerable groups.

Buleleng Hajj Pilgrim Dies in Mecca After Armuzna

A 75-year-old Hajj pilgrim from Buleleng, Bali, has died in Mecca following the Armuzna rituals. His health declined after struggling to eat during the intense pilgrimage activities, with Indonesian organisers confirming his Hajj remains valid as he completed the mandatory wukuf at Arafah. Remaining rites will be compensated by the Indonesian Hajj committee.

Indonesia's Startup Funding in 2026: From Euphoria to Natural Selection

Indonesia's startup funding landscape has shifted from a euphoric growth phase to a period of rigorous scrutiny, with total investment dropping to $355m in 2025 from $6.9bn in 2021. Investors now prioritise profitability, governance, and sustainable business models over user growth alone, with fintech and AI emerging as key sectors. Despite the slowdown, Indonesia remains a vital market with strong long-term potential for disciplined investors.

Ganjar Proposes Election Law Bill Should Remain DPR Initiative

PDIP chairman Ganjar Pranowo insists the House of Representatives must retain control over drafting the Election Law Bill, rejecting government involvement. He argues handing the task to the executive would compromise party interests, while Komisi II DPR members suggest government-led drafting to expedite the process amid stalled discussions.

Businesses Urge Transparent DSI Operations, No Added Export Costs

Business associations have urged the government to ensure PT Danantara Sumberdaya Indonesia (DSI) operates transparently without imposing new costs on exporters. They propose an integrated closed-loop export system and technical consultations to maintain competitiveness and international trust, while emphasising the need for clear communication with overseas buyers.

Jimly Hopes Next TNI Generation Will Emulate Figures Like Ryamizard

Former Constitutional Court Chief Justice Jimly Asshiddiqie praised the late Defence Minister Ryamizard Ryacudu for his professionalism and role as a military role model. He expressed hope that Ryamizard and former Vice President Try Sutrisno’s legacies will inspire future TNI personnel.

Prabowo meets Megawati and Gibran at Pancasila Day ceremony

President Prabowo Subianto engaged in discussions with former President Megawati Soekarnoputri, Vice President Gibran Rakabuming, and senior officials during Pancasila Day commemorations. He emphasised the government's commitment to national transformation rooted in Pancasila values, aiming for both progress and the realisation of national aspirations. The specific agenda of the meeting was not disclosed.

MTI Urges Government to Address Transport Safety Issues Before Tragedies Recur

The Indonesian Transport Society (MTI) has called for urgent government action to improve transport safety, stressing that current approaches only respond after incidents rather than preventing them. With over 100 daily fatalities and systemic failures in infrastructure, operations, and safety standards, the organisation warns that proactive measures are more cost-effective than post-accident responses.

Researchers Discover Human-Neanderthal Interbreeding and Mental Health Effects

A study reveals that interbreeding between early humans and Neanderthals has left genetic traces affecting modern mental health. While some Neanderthal DNA variants protect against schizophrenia, others increase risks of depression, addiction, and neurological disorders. The findings highlight the complex legacy of ancient inter-species mating on contemporary human health.

Explosion in Myanmar Conflict Zone Kills Dozens

A deadly explosion in Myanmar's northeastern conflict zone has killed between 40 and 55 people, with many more injured, according to conflicting reports. The blast, linked to stored explosives for mining, occurred in an area controlled by the Ta'ang National Liberation Army (TNLA) amid ongoing civil war since the 2021 military coup. Authorities face challenges in rescue efforts due to blood shortages and unconfirmed casualty figures.

PDIP Hopes Prabowo-Megawati Meeting Becomes a Pivotal Moment for Strategic Discussions

The Indonesian Democratic Party of Struggle (PDIP) has expressed hope that President Prabowo Subianto’s meeting with former President Megawati Soekarnoputri during the Pancasila Day ceremony will serve as a pivotal moment to discuss strategic national directions. PDIP Secretary-General Hasto Kristiyanto stressed that the gathering occurred within a state ceremony organised by BPIP, dismissing claims of a political realignment, and noted Prabowo's prior emphasis on the necessity of checks and balances in democracy. He also clarified Indonesia’s constitutional system does not recognise an opposition role as seen in other countries.

Gunungkidul authorities address tourist complaints of alleged extortion at Watulawang Beach

Gunungkidul authorities are addressing tourist complaints over alleged extortion at Watulawang Beach after viral videos surfaced. Officials confirmed the incidents have occurred repeatedly and have coordinated with local police and village heads, with a site visit scheduled today. A WhatsApp hotline has been established for tourists to report such issues.

Kosgoro Candidate Chairman to Meet Golkar Chairman Ahead of Fifth Congress in Ancol

Candidate chairman La Ode Safiul Akbar is set to meet Golkar Chairman Bahlil Lahadalia ahead of Kosgoro 1957's fifth national congress, citing 80% regional support and endorsements from senior party figures including HR Agung Laksono. The congress is pivotal for shaping the organisation's strategic direction in national politics, with supporters confident it will mark a revival under new leadership.

Lenteng Agung Collapsed Drain Repair 75% Complete

South Jakarta's Water Resources Department has completed 75% of repairs to a collapsed underground drain on Lenteng Agung Raya, Jagakarsa, with road restoration and water flow normalisation ongoing. Temporary road closures from 2pm to 5am are in place to ensure safety, while traffic is diverted via alternative routes. A Rp380 million budget has been allocated for the project, which aims to restore full traffic flow shortly after completion.

KCIC Adds Six Whoosh Services Amid Surging Demand During Long Holiday Return Rush

KCIC has increased its Whoosh train services by six daily trips to accommodate the peak return travel demand during the extended Waisak and Pancasila Day holidays. The additional services expand daily capacity to 40,000 seats and extend operating hours until 21:38 WIB from Padalarang station, with new departures scheduled in the late afternoon and evening.

Khofifah Moves Jatim Provincial Government WFH Schedule from Wednesday to Friday

Governor Khofifah Indar Parawansa has adjusted the work-from-home (WFH) schedule for civil servants in East Java to Fridays starting 5 June 2026, aligning with central government directives. Essential services such as hospitals and transport will continue operating full-time in office, while digital monitoring ensures productivity and energy-saving measures are enforced during WFH days.

Family's Death Triggers SOP Review at Posong Tourism Site in Temanggung

A family's fatal incident at a glamping site in Temanggung has prompted authorities to review safety protocols. Police await forensic results to determine if carbon monoxide poisoning or other factors caused the deaths, while the provincial government emphasises revising SOPs to enhance tourist safety.

8 Ways to Plan Retirement Savings from Your 20s to Avoid Financial Shortfall

Starting retirement planning in your 20s is crucial due to compound interest benefits, with Indonesia's retirement age rising and life expectancy increasing. A DBS survey shows 19% of Southeast Asian Gen Z and millennials aren't committed to saving for retirement, and projections indicate 100 million Indonesians could lack retirement savings by 2038 without significant change. Financial experts recommend saving at least 10% of income to ensure future financial security.

Former Defence Minister Ryamizard Ryacudu laid to rest at Kalibata National Heroes' Cemetery

Former Defence Minister Ryamizard Ryacudu has been buried at Kalibata National Heroes' Cemetery following his death at age 76. Senior government and military officials attended the funeral, reflecting his prominent role in Indonesia's security sector.

DPN proposes dairy farming to be prioritised in food self-sufficiency programme

DPN has urged the government to prioritise small-scale dairy farming in national food self-sufficiency efforts, citing that domestic milk production meets only 20% of demand. The council called for Presidential Instructions to accelerate development, partnerships with large-scale farms, and subsidies for imported cattle to boost local production and job creation. They also stressed the need for farmers to share in the value chain profits from processed dairy products.

Iran General: Trump Must Choose Between 'Bad' or 'Worse' Choices

Iran's military chief has warned President Trump that he must choose between acknowledging Iran's demands and the rights of its people or escalating conflict, asserting the US is in decline. The Islamic Revolutionary Guard Corps (IRGC) official claims Iran controls the Strait of Hormuz and has won the battle, with negotiations ongoing but Tehran insisting on guarantees for its people's rights before any agreement.

PSI Explains Why Jokowi Chose to Visit These Three Provinces

PSI has explained that former President Joko Widodo’s choice to visit Lampung, East Nusa Tenggara (NTT), and West Java was driven by the speed of invitations from regional leaders and his historical ties to infrastructure projects in those areas. Jokowi insists the tour is purely to meet local communities, denying any political motives despite confirming engagements with PSI cadres and supporters. He also declined to comment on his political stance or his son Gibran’s potential role ahead of the 2029 elections.

Hajj Minister Apologises for Service Shortcomings as Pilgrims Depart

Indonesia's Hajj Minister has apologised for service shortcomings during the 2026 pilgrimage as pilgrims began returning home. The ministry outlined departure schedules for two waves, with logistics based on initial departure dates and possible minor adjustments of up to 20%.

First Batam Embarkation Kloter BTH-1 commences repatriation of Hajj pilgrims to Indonesia

The first Batam Embarkation Kloter BTH-1 has commenced repatriation of Indonesian Hajj pilgrims, with 445 individuals departing Makkah for Jeddah airport on 31 May and scheduled to take off on 1 June. Ministry of Hajj and Umrah officials oversaw the process, while the second wave is set to begin repatriation from Medina between 16 and 30 June 2026.

Prabowo Ready to Confront Economic Mafia Resistance, Asserts National Transformation Cannot Be Stopped

President Prabowo Subianto has declared his readiness to confront resistance from economic mafia groups involved in corruption and illegal activities, asserting that national transformation cannot be halted. He emphasised systemic economic inequality, pointing out that Indonesia's natural wealth has long favoured foreign entities over its citizens. The president stated this injustice underpins the government's push for a Pancasila-based economic transformation to ensure equitable resource distribution.

Marwah WO Scams 58 Couples with Fake Promotions and Discount Packages

A wedding organiser business, Marwah WO, defrauded 58 couples by taking payments for wedding services and using the funds to cover previous clients' events, resulting in Rp 2.6 billion in losses. Police arrested the owners, including a repeat offender, and are investigating potential additional victims.

Lenteng Agung Road to Depok Closed as Jakarta Implements Traffic Management Measures

Jakarta's provincial government has closed a section of Lenteng Agung Road towards Depok from Monday 1 June to Tuesday 2 June to repair underground channels following road subsidence. Traffic officers are stationed at key points to guide drivers to alternative routes, with seven information banners placed strategically. The public is urged to plan travel times, use detours, and prioritise safety during the works.

Lenteng Agung Road Towards Depok Temporarily Closed – Alternative Routes Advised

Temporary closure of Lenteng Agung Road towards Depok from 14:00 on Monday, 1 June to 05:00 on Tuesday, 2 June for underground channel repairs, part of efforts to fix a sunken road. The move is expected to cause significant traffic congestion, with authorities advising motorists to use alternative routes such as Tanjung Barat, Moch Kahfi, and JORR toll roads. The closure, though brief, will impact South Jakarta and Depok commuters, urging advance route planning.

Fadli Zon reveals Prabowo's close ties with Ryamizard Ryacudu

Culture Minister Fadli Zon and retired General Agum Gumelar described President Prabowo's close relationship with the late TNI General Ryamizard Ryacudu, rooted in their shared cadet days at the Military Academy. They highlighted Ryamizard's firm yet humane leadership style and the President's personal respect for him, illustrating the intertwining of military and political circles in Indonesia.

Defence Minister Sjafrie Names Ryamizard Ryacudu a Role Model for Soldiers

Former Defence Minister Ryamizard Ryacudu has been honoured as a role model by current Defence Minister Sjafrie Sjamsoeddin during his military funeral, highlighting his dedication to national service and accountability to troops. The ceremony, attended by top military and government officials, underscored his legacy within Indonesia's defence establishment.

Ministry of Trade: Gold prices fall as investors shift to yield-based instruments

The Ministry of Trade reported a 1.43% drop in gold export benchmark and reference prices for early June 2026, driven by investors shifting to yield-based instruments and profit-taking. The price adjustments, set under ministerial decree, reflect international market trends and coordination among multiple government ministries.

LK21 and IndoXXI: Gateway for Thieves to Drain Bank Accounts – Check Legal Streaming Costs

Cybersecurity expert Mr. Bert has warned that illegal streaming sites like LK21 and IndoXXI expose users to malware capable of draining bank accounts, citing a case where a woman lost Rp345 million. The risks include infostealers, keyloggers, and banking trojans hidden within pirated content. Authorities recommend using legal platforms such as Netflix or local services to avoid financial and data breaches.

Biak WWII Bomb Blast Levels Homes, Five Killed

A World War II-era bomb exploded in Biak, Papua, destroying ten homes and killing five people, with three others missing. Police and military teams are conducting search and evacuation operations to ensure no further explosives pose a threat to residents.

TPST Tojan waste smoulders as village government claims residue spontaneously combusts

Waste at TPST Dharma Asri in Bali's Klungkung regency remains smouldering, with local authorities claiming the residue spontaneously combusts due to gas buildup. The situation has arisen after the TOSS Center Karangdadi restricted waste acceptance, causing TPSTs across the region to struggle with overflow. The regency government hopes a pyrolysis machine, currently being tested, will resolve the issue by processing up to 8 tonnes of waste hourly.

Dividend Windfall: Indonesian Mobility Giant MPMX Triggers Massive 16% Yield After Profit surge

Indonesian automotive distributor PT Mitra Pinasthika Mustika Tbk (MPMX) has approved a Rp451.9 billion dividend, delivering a 16% yield, following a 19% surge in net profits for 2025. Despite industry headwinds including cooling demand and tighter credit, the company's cost discipline and operational efficiency have driven strong shareholder returns, making it a notable option for income-focused investors.

7 Facts: WWII-era Bomb Explosion Kills 5 in Biak Numfor

A WWII-era bomb explosion in Biak Numfor, Papua, has killed five people and left three missing, with 19 injured and 55 displaced. Authorities are investigating the incident and securing the area to prevent further danger from potential unexploded ordnance.

Material Price Stability Key to Maintaining Property Investment Climate

The Indonesian Young Entrepreneurs Association (HIPMI) Kendal stresses that stable construction material prices are critical for sustaining property investment and regional economic growth. Fluctuations in material costs could delay projects and deter investors, impacting broader economic benefits. The group urges government-business collaboration to strengthen supply chains and domestic industry development.

Earthquake Early Warning System Crucial for Protecting Industries and Critical Infrastructure

Indonesia and Japan are collaborating on developing an Earthquake Early Warning System (EEWS) to safeguard critical industries and infrastructure, drawing from Japan's successful applications in sectors like high-speed rail and semiconductors. The system, part of the SATREPS 2025-2029 programme, aims to customise warnings for different sectors to minimise damage and ensure operational continuity during seismic events. Experts emphasise that while EEWS is crucial, it must be part of a broader disaster mitigation strategy including earthquake-resistant structures and public preparedness.

Prabowo on the Meaning of Pancasila Economics: Religious, Humane and Just

President Prabowo Subianto has stressed the need for a national economic transformation rooted in Pancasila principles during the Pancasila Day commemoration. He outlined key pillars including humane resource management, a one-stop export system for natural resources, and stronger cooperatives to ensure equitable growth and social justice, as mandated by the 1945 Constitution.

Bogor Line platforms extended to accommodate 12-car commuter trains

Kereta Api Indonesia (KAI) and the Ministry of Transportation are accelerating Bogor Station platform upgrades to support 12-car commuter trains, with construction starting in April 2026 and completion expected in July. The move addresses rising passenger demand on the Bogor Line, enhancing commuter mobility. Vice President Anne Purba highlighted a consistent growth in passengers over recent years.

Ministry of Forestry arrests two illegal loggers in South Lampung protected forest

Indonesian authorities have apprehended two individuals for illegal logging in South Lampung's protected forest, with one being a repeat offender. The operation resulted in the seizure of timber and equipment, and the suspects face up to five years in prison and a maximum fine of Rp2.5 billion. Authorities stressed the need to deter further environmental damage by enforcing strict penalties.