Indonesian Political, Business & Finance News

Archive: 1 June 2026

Showing 751-800 of 1,447 articles

Pancasila is Sound, but Reality is the Problem

This opinion piece contends that Pancasila itself is intact, but the real issue lies in Indonesia's failure to live up to its principles. It highlights how symbolic gestures on Pancasila Day mask deeper societal problems, including oligarchic control, social injustice, and the silencing of minority voices. The author calls for genuine engagement with Pancasila's values beyond mere rhetoric to address systemic inequalities.

Lenteng Agung drainage channel repair 75% complete

The Jakarta South Water Resources Agency has completed 75% of repairs to a collapsed drainage channel on Lenteng Agung Raya, with work including new box culverts and road resurfacing. Temporary night-time road closures are in place to facilitate the project, which is funded at Rp380 million. The repairs aim to restore safe traffic conditions and prevent further infrastructure damage.

Banyumas Police Crack Down on Illegal Exhaust Pipes, Majority of Violators Are Students

Banyumas police conducted a month-long operation targeting illegal exhaust pipes, apprehending over 200 violators, predominantly students and teenagers. The crackdown responded to public complaints about noise pollution, with 77 illegal exhaust pipes seized and 210 vehicles impounded. Offenders must restore vehicles to factory standards and involve parents in rehabilitation for student violators.

Several officials named honorary citizens of the Tengger community

Several Indonesian officials, including military and police leaders, were appointed honorary citizens of the Tengger community during a sacred Yadnya Kasada ceremony in Probolinggo. They committed to preserving the Bromo Tengger Semeru region's safety and cultural heritage, highlighting the need for religious tolerance as the event aligns with Eid al-Adha and Vesak Day.

Professor Sutanto Attends Science x AI Summit 2026 to Position Indonesia as Global Ecosystem Player

Professor Sutanto highlighted Indonesia's need to adapt AI development to local contexts rather than copying Silicon Valley models at the Science x AI Summit 2026. He emphasised Asia's potential to contribute to global AI ecosystems through real-world applications in healthcare, finance, and urban governance.

Japan employs AI to prevent suicides at train stations and buildings

Japan has deployed an AI suicide prevention system across around 40 train stations and commercial buildings, with reports of at least two lives saved. Developed by Asilla Inc., the technology monitors risky behaviours and alerts staff, while also detecting other emergencies such as medical issues or violent incidents.

Prabowo: Pancasila as National Unifier and Global Peace Foundation

President Prabowo Subianto emphasised Pancasila's role in unifying Indonesia amid global geopolitical tensions and economic uncertainty. He stressed that economic development must align with Pancasila's values, questioning whether growth has been equitable and fairly shared among all citizens. The president reiterated that Pancasila must guide national policies beyond ceremonial lip service.

Lenteng Agung Road towards Depok Closed Until Tomorrow Morning

The Jakarta Provincial Government has temporarily closed Lenteng Agung Road towards Depok for underground channel repairs, with the closure running from 2pm today until 5am tomorrow. Traffic officers will guide drivers to alternative routes, and authorities have apologised for the disruption.

Colombian President Petro Refuses to Accept Provisional Election Results

Colombian President Gustavo Petro has refused to recognise provisional results indicating opposition candidate Abelardo de la Espriella's lead, citing irregularities including unauthorised software modifications and an inflated voter list. He insists only the official results certified by a judicial-supervised commission are valid, with a second round set for June 21 after no candidate secured over 50% of votes.

Prabowo calls for Pancasila-based economic transformation

President Prabowo Subianto has called for a national economic transformation rooted in the principles of Pancasila to ensure more equitable growth. The President emphasised the importance of strengthening cooperatives and SMEs, alongside accelerating natural resource downstreaming, to achieve social justice and national sovereignty.

TOBA Still Assessing Impact of Natural Resources Export Regulations via Danantara

TOBA has stated it does not currently see a material impact from the government's proposed Natural Resources Export Management Regulation, but is awaiting finalised rules to conduct a comprehensive assessment. The company supports the government's initiative to optimise resource management for public prosperity and national sustainability, but stresses the need for clarity on operational and financial implications before making any determinations. It is also reviewing potential legal risks and effects on existing financing agreements.

Bandung's Husein Sastranegara Air Force Base Supports Airport Reactivation Plan

The Bandung-based Husein Sastranegara Air Force Base has backed the government’s proposal to reopen the airport for commercial flights, confirming its infrastructure is ready for medium-sized aircraft. However, the decision rests with the Ministry of Transportation and the Air Force, with additional improvements needed for urban planning and airport access.

Ibas Remembers Ryamizard: The 'Grass General' Who Continuously Evolved

Former Defence Minister Ryamizard Ryacudu, remembered by Edhie Baskoro Yudhoyono as the 'Grass General' for his relentless progress, was laid to rest at Kalibata National Heroes' Cemetery. Ibas praised his dedication to modernising the military and serving the people, while conveying condolences from former President SBY. Ryamizard, who served under both Megawati and Jokowi, died at 76.

60-year-old grandfather accused of molesting four-year-old neighbor girl in Situbondo

A 60-year-old man in Situbondo faces allegations of sexually assaulting a four-year-old girl from his neighbourhood. Police are investigating the case, having interviewed witnesses but not yet the victim, and have filed charges under Indonesia’s Child Protection Law and Sexual Violence Crimes Act.

Defence Minister: Ryamizard Ryacudu was a soldier who never sought personal gain

Defence Minister Sjafrie Sjamsoeddin honoured retired General Ryamizard Ryacudu as a selfless leader who never sought personal gain during his service. Ryamizard, who served as Army Chief of Staff and Defence Minister under President Joko Widodo, was laid to rest with state honours attended by President Prabowo Subianto and Vice President Gibran.

New DHE SDA Regulation Takes Effect Today, Mandating Exporters to Retain Funds in Indonesia

A new regulation under Government Regulation No. 22 of 2024 requires natural resource exporters to repatriate 100% of foreign exchange earnings and retain at least 30% in Indonesia’s domestic financial system for a minimum of three months. Finance Minister Purbaya Yudhi Sadewa stated that competitive income tax incentives, potentially zero percent, will be offered based on the duration of fund placement, aiming to bolster foreign reserves and stabilise the rupiah amid global economic volatility.

120 Vendor Chairs from South Tangerang Missing After Fake MBG Event Order Found in Depok

Police recovered 120 chairs and a blower stolen from a South Tangerang wedding vendor through a fake event order. The suspect allegedly used a three-way scam, renting items then reselling them via social media, with the second recipient also being a fraud victim.

Luxurious Bathtub Experience at The Trans Luxury Hotel Surabaya

The Trans Luxury Hotel Surabaya offers premium rooms featuring luxurious bathtubs and panoramic city views, with Premier Rooms starting at IDR 999,000 per night including breakfast and dining discounts. Exclusive Celebrity Suites, limited to seven units, provide separate living and sleeping areas for privacy, alongside high-end amenities like Italian Acqua Di Parma products. The hotel's strategic location near Juanda Airport and Trans Icon Mall enhances convenience for guests seeking luxury and accessibility.

Witness Accounts of WWII Bomb Explosion in Biak, Papua, Leaving 5 Dead and 3 Missing

A WWII-era bomb exploded in Biak, Papua, killing five and leaving three missing, with severe structural damage to local homes. Authorities have cordoned off the area due to potential unexploded ordnance, with search operations temporarily halted for safety while bomb disposal teams conduct further checks.

Bandung City Government Requests Waste Emergency Status from West Java Provincial Government

Bandung City Government has requested emergency waste management status from West Java Province due to a post-holiday surge in waste overwhelming local systems. The move seeks legal backing to expedite emergency measures, with the province temporarily increasing disposal quotas. Mayor Farhan stressed the need for public participation in waste reduction and collaboration across all stakeholders to address the growing crisis.

Prabowo calls for Pancasila-based economic transformation

President Prabowo has urged a national economic transformation rooted in Pancasila principles, stressing equitable distribution of growth and state control over strategic resources as mandated by the 1945 Constitution. He highlighted the need to empower cooperatives, SMEs, and village economies to combat poverty, while acknowledging resistance from corrupt networks but reaffirming commitment to sovereign decision-making for public welfare.

Management reports 166,955 visitors to Ancol during long holiday period

PT Pembangunan Jaya Ancol reported 166,955 visitors during the May 27-31 holiday period, surpassing the target of 150,000. The highest turnout was on Sunday with 48,140 visitors, followed by Saturday and Idul Adha day. The company also launched a special evening programme until June 19 to celebrate Jakarta's 499th anniversary, featuring waterfront activities and cultural shows.

AMPHURI urges early settlement of 2027 special Hajj fees

AMPHURI has urged the Saudi Ministry of Hajj and Umrah to accelerate the settlement of 2027 special Hajj fees to ensure optimal services for Indonesian pilgrims, citing tight deadlines imposed by Saudi authorities. Delays could impact accommodation, transport, and Mina tent allocations, while a new platform system requires stricter scheduling. The association also recommends separating special Hajj payments from the regular process to allow service providers more time for planning.

Pertamina Reduces Dex Series Prices and Adjusts Pertamax Turbo

Pertamina has adjusted non-subsidised fuel prices effective 1 June 2026, reducing Dex and Dexlite diesel prices while slightly increasing Pertamax Turbo. The changes reflect global energy market dynamics and government-set formulas, aiming to support national economic stability and ensure competitive pricing for consumers.

Checking Land Status Using Notary PPAT Services

Before buying land, verifying its legal status is essential to avoid disputes, blocks, or other issues. Notaries and PPATs conduct due diligence via the National Land Agency to confirm certificate validity and identify potential problems, ensuring buyers make informed decisions and minimise future legal risks.

First Batch of Indonesian Hajj Pilgrims Repatriated to Indonesia

The first batch of Indonesian Hajj pilgrims has been repatriated from Jeddah's King Abdulaziz Airport, with flights departing across multiple dates in late May and early June 2026. Pilgrims praised the quality of services, including food and logistical support provided by authorities during the pilgrimage.

PDIP Unveils Philosophy Behind 'Bung Karno, Father of Marhaenism' Song for Historical Clarification

PDIP has unveiled a song celebrating Bung Karno's Marhaenism to correct historical inaccuracies and dispel communist associations with the ideology. The party emphasises the need to revive Sukarno's principles to address Indonesia's current socio-economic challenges, including falling education standards compared to Singapore and Malaysia.

Business Leaders Unite to Demand Legal Certainty in Natural Resource Export Governance

Business leaders have backed the government's initiative to strengthen natural resource export governance through PT Danantara Sumberdaya Indonesia (DSI), but urge legal certainty and tailored sectoral policies to avoid disrupting export flows. They emphasise the need for transparent technical guidelines and integrated digital systems to prevent market speculation and uphold Indonesia's reputation as a reliable global supplier.

President Prabowo Stresses Single-Window Natural Resource Exports for National Interest

President Prabowo has mandated a single-window export system for natural resources to maximise national benefits and curb foreign exploitation. The policy prioritises industrialisation, cooperative development, and adherence to Pancasila principles to ensure equitable economic growth and social justice, despite anticipated resistance from illicit economic actors.

AI Psychosis Phenomenon Emerges as Tech Executives Come Under Scrutiny

Tech companies are laying off workers citing AI as the reason, but experts warn of 'AI psychosis'—where executives overestimate AI's capabilities without understanding its limitations. Research shows AI adoption hasn't significantly boosted productivity, with human oversight still essential. Without proper management, this trend risks causing organisational chaos.

KPK Addresses Hilman Latief's Denial of Hajj Quota Funds Receipt

The Corruption Eradication Commission (KPK) is investigating allegations of corruption in Indonesia's hajj quota allocation, with former Hajj and Umrah Director Hilman Latief denying receipt of bribes. Four suspects, including the former Minister of Religion, face charges over an alleged Rp622 billion state loss. The KPK emphasises that the case will be resolved through trial, with evidence gathered from witnesses and suspects.

Prabowo warns of resistance to Indonesia's economic transformation

President Prabowo has warned of resistance from groups promoting corruption and smuggling as Indonesia pursues economic transformation under Pancasila principles. His administration's measures include centralized export systems, downstream industrialisation, and food security initiatives to address wealth leakage and structural economic inequalities.

Government Confirms DSI Does Not Benefit from One-Stop Export Scheme

Deputy Minister of Agriculture Sudaryono has confirmed PT Danantara Sumber Daya Indonesia (DSI) does not benefit from the one-stop export scheme for palm oil, coal, and ferroalloys. A three-month transition period until August 2026 will precede full implementation from January 2027, ensuring transparent and orderly export management through the state-owned entity.

PDIP: Article 33 of 1945 Constitution Implementation Must Not Mirror Papua, Aceh Practices

PDIP's Secretary-General Hasto Kristiyanto stressed that Article 33 of the 1945 Constitution's implementation must prioritise people's welfare, unlike in Papua and Aceh where local communities remain deprived despite resource wealth. He called for concrete policies that strengthen political sovereignty, economic self-reliance, and national character through science, technology, education, and health advancements.

Lenteng Agung Road Closure Towards Depok Until Tuesday Morning – Diversion Routes

A section of Lenteng Agung Road in South Jakarta has been closed until Tuesday morning for underground channel repairs following a road collapse that damaged two lanes on 27 May. Traffic diversions have been implemented via alternative routes including major thoroughfares and toll roads, with authorities deploying officers to manage flow and place signage for safety. The closure, part of infrastructure maintenance by DKI Jakarta's Water Resources Agency, affects commuters heading towards Depok.

KPK to Arrest Asrul Azis Taba and Ismail Adham in Hajj Corruption Case

Indonesia's Corruption Eradication Commission (KPK) has confirmed it will detain two new suspects in a special Hajj quota corruption case this week. Former Hajj travel agency chief Asrul Azis Taba and PT Makassar Toraja director Ismail Adham face charges for allegedly bribing officials, including the ex-Religious Affairs Minister, to manipulate quota allocations. The case involves over $400,000 in illicit payments and Rp40.8 billion in suspected illegal profits.

Munjirin: Pancasila as Indonesia's foundation for global peace

East Jakarta Mayor Munjirin highlighted Pancasila's role not only as Indonesia's state foundation and unifier but also as a global peace cornerstone. He cited Indonesia's UN peacekeeping contributions, regional mediation, and advocacy for justice as embodiments of Pancasila's second principle. Munjirin stressed that true peace requires justice for all humanity, not just the absence of conflict.

IIMS Surabaya 2026 Exceeds Target as Regional Automotive Market Thrives

IIMS Surabaya 2026 exceeded its visitor target of 32,000 with 36,203 attendees, signalling robust growth in Indonesia's regional automotive market. The event highlighted expanding electric vehicle and custom car sectors, with Dyandra Promosindo planning further regional exhibitions to capitalise on this momentum.

Pancasila Day: Nurturing Our Shared Home, Strengthening a Progressive Indonesia

Indonesian political leaders emphasise Pancasila's role as a unifying 'shared home' for the nation's diverse population, particularly amid global challenges like political polarisation and identity extremism. The article highlights how Pancasila provides a framework for consensus across differing groups, aligning with theories from scholars like John Rawls, and praises President Joko Widodo's decade-long infrastructure and digital reforms as key to Indonesia's progress.

DPR Hajj Oversight Team Pleased with Improved 2026 Pilgrimage Facilities

The Indonesian House of Representatives' Hajj Oversight Team has praised the improved facilities for the 2026 pilgrimage, citing better accommodation, healthcare, and accessibility for elderly and disabled pilgrims. Key enhancements include closer tent locations to the Jamarat site and golf cart services, along with sufficient sanitation facilities to serve thousands. These upgrades highlight ongoing government efforts to enhance the Hajj experience for Indonesian pilgrims.

The Perfectionism Crisis: Why Are Young People Now So Afraid of Making Mistakes?

A major study reveals that young people in the US, Canada, and the UK are experiencing rising perfectionism, linked to mental health issues like depression and anxiety. The research attributes this trend to economic inequality and limited opportunities, not just social media, urging systemic changes rather than individual therapy.

Indobuildco Rejects Allegations of State Asset Seizure

PT Indobuildco disputes the government's claim to seize the Hotel Sultan land, asserting legal rights under a Right to Build (HGB) certificate. Despite decades of court rulings favouring the company, the government has now secured a final eviction order, with the property set to be reclaimed for GBK revitalisation.

Indonesia's Wealth Held Abroad Too Long, Prabowo Vows Economic Transformation

President Prabowo Subianto has criticised the prolonged mismanagement of Indonesia's natural resources, which have largely benefited foreign entities rather than its citizens. He pledged to transform the national economy to align with Pancasila principles, ensuring equitable distribution of wealth from resources like rare earth metals, palm oil, and coal. The move aims to shift from an economy not fully grounded in Pancasila to one that genuinely reflects its values, boosting national prosperity.

Retrospective on Gedung Pancasila: Venue for Pancasila Day Commemoration

Gedung Pancasila, situated in the Foreign Ministry complex, is the site of President Prabowo Subianto's Pancasila Day ceremony. Historically, the structure served as the Dutch East Indies military commander's residence and later the Volksraad, where Indonesia's foundational Pancasila philosophy was formulated during BPUPKI meetings.

Police Arrest Man Carrying Shabu During West Jakarta Dawn Patrol

West Jakarta police conducted a dawn patrol operation on Monday, apprehending a man suspected of carrying shabu (methamphetamine) during a raid. A total of 46 officers were deployed across high-risk areas including Daan Mogot and Hayam Wuruk, with ongoing efforts to combat street crime and public order disturbances during vulnerable hours.

Former Defence Minister Ryamizard Ryacudu Laid to Rest with Military Honours at Kalibata National Heroes Cemetery

Former Defence Minister Ryamizard Ryacudu was buried with full military honours at Kalibata National Heroes Cemetery, attended by President Prabowo Subianto and senior military officials. The ceremony included a final tribute address by current Defence Minister Sjafrie Sjamsoeddin, highlighting Ryacudu's service as Defence Minister from 2014 to 2019 and his prior role as Army Chief of Staff. His death followed treatment at a military hospital, marking the end of a distinguished career in Indonesia's defence sector.

Global Diplomacy at Teuku Umar

Former Indonesian President Megawati Soekarnoputri hosted international diplomats at her Jakarta residence, discussing Middle East conflicts, peace initiatives, and solidarity with Palestine and Iran. She reaffirmed Indonesia's historical commitment to non-alignment and UN reform, while proposing 'Soekarno Trees' for Saudi Arabia's reforestation efforts. The meetings underscored Indonesia's role in fostering global peace through diplomatic engagement.

PDIP Attributes Prabowo's Fiscal Challenges to Predecessor's Legacy

PDIP has attributed current fiscal challenges under President Prabowo to previous administrations, citing $13 billion in excessive social assistance, unsustainable infrastructure projects including the capital relocation, and policies favouring oligarchs. The party warns that systemic damage to legal, political, and democratic frameworks will face public scrutiny.

Annual Inflation Forecast to Rise to 3.21% in May

Bank Mandiri's Economic Office predicts annual inflation will climb to 3.21% in May 2026, driven by higher flight fares and volatile food prices. Core inflation dips slightly due to lower gold prices and rupiah depreciation, while government-regulated prices rise on oil-driven airfare hikes.

Prabowo: Pancasila as the Guiding Principle for National and State Life

President Prabowo Subianto has urged a national economic transformation rooted in Pancasila to address uneven growth and overseas wealth extraction. He emphasised strengthening cooperatives, SMEs, and rural economies while ensuring food security and free nutritious meals for a healthier, smarter generation.