Indonesian Political, Business & Finance News

Archive: 1 June 2026

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Deputy Minister optimistic of better hajj operations ahead

Deputy Minister Syafi’i has expressed confidence in continued improvements to Indonesia’s Hajj operations, citing the establishment of the Ministry of Hajj and Umrah as a key milestone. He highlighted enhanced health screening, transportation, accommodation, and healthcare services during the 2026 pilgrimage, with Saudi authorities acknowledging the reforms. Despite ongoing challenges in Mina, he believes institutional capacity and experience will drive further progress.

Purbaya: APBN as People's Mandate, Pancasila Values Must Underpin All Fiscal Policies

Finance Minister Purbaya Yudhi Sadewa has stressed that Pancasila values must guide all fiscal policies and state budget management, ensuring justice, accountability, and public welfare amid global challenges. He also reiterated President Prabowo Subianto's directive to uphold Article 33 of the 1945 Constitution, promoting a Pancasila Economy that unites state, business, cooperatives, and society for national prosperity.

OJK-Approved P2P Lending Platforms for June 2026: Check Before Applying for a Loan

The latest list of OJK-approved peer-to-peer (P2P) lending platforms for June 2026, updated as of 24 April, includes 94 licensed operators. The Financial Services Authority urges consumers to verify platform legitimacy before applying for loans to avoid illegal services. The official list and verification methods are provided to ensure safe borrowing practices.

Lenteng Agung Sunken Road Repairs Advance as Concrete Box Culvert Installation Begins

Repairs are underway on a sunken road in Lenteng Agung, South Jakarta, following a 3-metre-deep subsidence on 28 May 2026. Concrete box culverts are being installed to address the damage, causing a 2.5-kilometre traffic jam. Joint teams from transport, public works, and natural resources agencies are managing traffic flow to minimise disruption.

Prabowo Urges Pancasila-Based Economic Transformation to Ensure Equitable Welfare

President Prabowo Subianto has called for a national economic transformation grounded in Pancasila principles to ensure equitable welfare distribution. He stressed that current growth is uneven and highlighted the need for an economy rooted in religious, humanistic values and national unity, citing constitutional provisions for state management of resources. The measures include targeted support for vulnerable groups, farmers, fishermen, and workers to achieve broad-based prosperity.

Explosion kills 5 at South Korean aerospace plant

An explosion at a Hanwha Aerospace plant in Daejeon has killed five people and injured two others, with authorities still investigating the cause. The defence contractor, which produces weapons and aerospace components, operates under national security restrictions, complicating the investigation. South Korea's President has ordered a full response and probe into the incident.

Free Entry to Ancol from 8-19 June 2026: Requirements Explained

The Jakarta-based Taman Impian Jaya Ancol is offering free entry for visitors between 8 and 19 June 2026, requiring advance online reservations. The initiative aims to boost public access to the popular tourist destination during specified evening hours, though additional fees for parking and attractions remain applicable.

Palembang Mayor Praises Police for Seizing 10kg Methamphetamine

Mayor Ratu Dewa of Palembang has commended local police for seizing 10.3kg of methamphetamine, highlighting their role in protecting citizens from drug-related moral harm. The operation, involving undercover operations and arrests of two suspects, underscores the collaboration between government and law enforcement. The seizure was part of a broader effort to combat narcotics trafficking in the city.

For Female Students Only: Requirements and Application Process for the 2026 Ministry of Health SEHAT Scholarship

The Indonesian Ministry of Health and Khouw Kalbe Foundation have launched the 2026 SEHAT Scholarship, offering financial support and professional development for female students in health-related fields. The initiative aims to strengthen healthcare services in Remote, Border, and Island Areas (DTPK) by training and deploying graduates to these regions. Eligible candidates must meet academic criteria and commit to serving in DTPK areas post-graduation.

Hasto: Indonesia Has Become a Populist Authoritarian State Under Jokowi's Presidency

Secretary-General Hasto Kristiyanto of PDI Perjuangan accused President Jokowi's second term of transforming Indonesia into a populist authoritarian state, citing centralised democracy and a legal system subordinated to power. The party expelled Jokowi and allies for breaching party rules, including supporting rival candidates and interfering with the Constitutional Court, which it deemed a serious violation of ethics and discipline.

Ragunan Zoo Prepares 27 Parking Spots for June Holiday Visitor Surge

Ragunan Zoo has prepared 27 additional parking spots to handle the anticipated visitor surge during the early June 2026 holidays, coinciding with Pancasila Day, Idul Adha 1447 AH, and public holidays. The zoo's management has coordinated with TNI and Polri for security and advised visitors to use public transport and refrain from disturbing the wildlife to ensure a safe and enjoyable experience.

Jakarta's Monas Monument to Undergo Six-Month Cleaning Project

Jakarta's Monas Monument is undergoing a six-month cleaning project coordinated with cultural heritage experts to preserve the city's iconic landmark. The site, which welcomed 14,309 visitors including 126 foreigners last Sunday, will reopen on Tuesday following routine maintenance.

Pancasila Day 2026: Gapempi Urges Entrepreneurs to Strengthen Economy Based on Pancasila Principles

Gapempi Chairperson Minarni Panggabean has urged Indonesian entrepreneurs to strengthen the domestic economy through Pancasila-based inclusive business practices, highlighting the importance of collaboration between large enterprises and UMKMs. She stressed that digital sovereignty, green business initiatives, and government support are crucial for sustainable growth, with Gapempi's five-point plan focusing on trade, UMKM development, and strategic partnerships to ensure national economic resilience.

Prabowo: Pancasila as the Foundation for Global Challenges

President Prabowo Subianto reaffirmed Pancasila as Indonesia's foundational pillar for navigating global challenges, including geopolitical tensions and economic uncertainties. He stressed that Pancasila is a living guide for national unity, economic development, and societal cohesion, rooted in the nation's history and diversity.

PDIP Questions Indonesia's Subservience to Superpowers: Is Foreign Policy Still Free and Active?

PDIP's Hasto Kristiyanto has questioned whether Indonesia's foreign policy remains 'free and active' or has succumbed to superpower influence, citing a shift from the nation's original development blueprint. He stressed Pancasila's role as a geopolitical ideology and called for organic public participation in economic policies, warning against top-down decision-making.

Prabowo Affirms Pancasila Economy: Creating Prosperity, Not Just Statistical Figures

President Prabowo Subianto has stressed that Indonesia's Pancasila-based economy must prioritise tangible prosperity for all citizens, not merely statistical gains. He highlighted responsible management of natural resources, support for farmers and fishermen, worker protections, and equitable wealth distribution through downstreaming investments and strengthened cooperatives.

Food Prices on 1 June 2026: Bird's Eye Chilli at Rp77,250 and Eggs at Rp30,800

Food prices for key strategic commodities have risen significantly in early June 2026, with bird's eye chilli reaching Rp77,250 per kilogram and eggs at Rp30,800 per kg. The Ministry of Agriculture and Jakarta Provincial Government are working to stabilise supply ahead of major religious holidays, while regional data shows varying prices for chilli and onions. Officials are closely monitoring market trends to prevent inflationary spikes.

German Foreign Minister concerned over Israeli military incursion in Southern Lebanon

German Foreign Minister Johann Wadephul has expressed concern over Israel's military operations in southern Lebanon, warning that further escalation would worsen tensions and displacement. He stressed that civilian suffering and permanent displacement would not lead to long-term security for Israel.

Bapanas: Food prices under control after Eid al-Adha as interventions strengthened

The National Food Agency (Bapanas) has reported stable food prices following Eid al-Adha, with government interventions helping to maintain affordability despite global geopolitical tensions. However, distribution challenges persist due to uneven production hubs and varying harvest times across regions. Current prices for staples such as rice, onions, and chillies remain within or slightly above regulated reference levels.

Prabowo Commends Pancasila Day Ceremony, Summons Commander

President Prabowo Subianto presided over the Pancasila Day ceremony in Jakarta, commending its execution and summoning the ceremony commander. The event, themed 'Pancasila as the Nation's Unifier, Foundation of World Peace', highlighted the ideology's role in national unity and global peace, featuring readings of Pancasila and the constitution by senior officials.

BP Fuel Prices Change Effective 1 June 2026 – Full Details

BP has revised its fuel prices effective 1 June 2026, stating BP Ultimate Diesel increased by Rp500 to Rp25,060 per litre from its previous rate of Rp25,560, while BP 92 and BP Ultimate prices remain unchanged. The new rates apply to all BP service stations in Jabodetabek and East Java.

Kuwait Intercepts Missile and Drone Attack on its Territory

Kuwait's military intercepted missile and drone attacks on Monday, triggering air raid sirens nationwide. The incident occurs amid escalating Middle East tensions following US-Israel strikes on Iran and Tehran's retaliatory strikes on Gulf states. No casualties or damage have been reported, and Iran has not commented.

OpenAI Launches 'Chat for Indonesian Students' Initiative: AI Inspiration for Learning

OpenAI has introduced a new initiative featuring real student-ChatGPT conversations to demonstrate effective AI integration in Indonesian education. The initiative responds to high youth adoption of AI in learning, with education being the top usage sector. It aims to promote critical thinking alongside AI use and offers free resources through OpenAI Academy.

Vice President Gibran Visits Ministry of Defence to Pay Respects to Ryamizard Ryacudu

Vice President Gibran Rakabuming Raka visited the Ministry of Defence to pay respects to former Defence Minister Ryamizard Ryacudu, who passed away at 76 following treatment at RSPAD Gatot Soebroto. Ryamizard, who served as Army Chief of Staff under President Megawati and Defence Minister under President Joko Widodo, will be laid to rest with full military honours at Kalibata National Heroes Cemetery.

Indonesian Youth Vaping Surge Linked to Misleading 'Safer' Claims

BPOM chief Taruna Ikrar reports a 7.4% rise in youth smoking, including vaping, driven by industry campaigns falsely claiming e-cigarettes are safer. Despite these claims, e-cigarettes contain harmful substances and are being misused for other drugs, prompting stricter regulations and digital monitoring systems to protect young people.

DKI Jakarta Transportation Agency apologises for traffic congestion in Rasuna Said area

The DKI Jakarta Transportation Agency has apologised for traffic chaos caused by an uncoordinated music event in Rasuna Said, which drew 10,000 attendees. Officials stated that prior coordination with event organisers is essential to manage traffic and parking, but none was received, leading to congestion. They urged future organisers to coordinate early to prevent similar disruptions.

Vice President visits Ryamizard's resting place at Ministry of Defence building

Vice President Gibran Rakabuming Raka paid his respects to former Defence Minister Ryamizard Ryacudu at the Ministry of Defence building, where the late general's coffin was laid in state. President Prabowo Subianto and other officials also attended the ceremony ahead of Ryamizard's military funeral at Kalibata National Heroes Cemetery. His contributions to Indonesia's national defence and sovereignty will be commemorated as part of the country's enduring legacy.

Prabowo and Megawati Hold Hands After Pancasila Ceremony

President Prabowo Subianto and former President Megawati Soekarnoputri were seen holding hands during a post-ceremony walk at the Pancasila Building in Jakarta following the Pancasila Birth Anniversary event. The gesture, marked by mutual politeness as they deferred to each other, underscores their ongoing political rapport despite differing party affiliations.

X Commission to Seek Clarification from Education Ministry on French Language Proposal

Indonesia's X Commission will seek clarification from the Education Ministry over President Prabowo's French language mandate in schools, stressing the need for policies based on national readiness and teacher preparedness. The commission proposes phased implementation if required, following Prabowo's earlier directive to teach Portuguese after meeting Brazil's president.

BP and Pertamina adjust fuel prices with diesel cuts and petrol hikes

BP and Pertamina have adjusted fuel prices, with diesel rates reduced across multiple grades while certain petrol types increased. Subsidised fuels remain unchanged, and premium grades have held steady since March amid regional tensions involving the US, Israel, and Iran.

United Airlines flight to Spain diverted after Bluetooth device threat alert

A United Airlines flight bound for Spain was diverted following a security alert triggered by a passenger's Bluetooth device displaying a threatening message. Passengers were evacuated and re-screened by US authorities before boarding a replacement aircraft, marking the latest in a series of recent security incidents involving the airline.

Indonesia overhauls social aid data after targeting review

The Indonesian government has initiated a data consolidation effort under the National Socio-Economic Single Data (DTSEN) system to address widespread mistargeting in social assistance programmes, with 45% of Family Hope Program beneficiaries found ineligible. Social Affairs Minister Saifullah Yusuf highlighted President Prabowo's directive for transparent data management, with Statistics Indonesia leading updates through collaboration between regional and national institutions. The reform aims to enhance aid precision, as demonstrated in East Nusa Tenggara where 91% of impoverished elderly are accurately registered for health insurance support.

Investigating Flood Causes in Tangsel's Ciputat River

Volunteers and officials surveyed Tangerang Selatan's Ciputat River to investigate recurring flood causes, uncovering debris and suspected river course changes. The findings, including data from the DPRD's April inspection, highlight increased flood risks in Pondok Aren. Authorities aim to use the data for improved river management and habitat preservation.

Indonesia's Economic Growth Remains Uneven, Prabowo: Let Us Be Honest With Ourselves

President Prabowo Subianto has acknowledged that Indonesia's economic growth has not been evenly distributed despite decades of progress, calling for national reflection on Pancasila Day. He highlighted the country's vast natural resources and food self-sufficiency but stressed that these assets have not fully translated into widespread prosperity, urging honest assessment of economic disparities.

Prabowo and Megawati hold hands and smile after Pancasila Day ceremony

President Prabowo Subianto and former President Megawati Soekarnoputri were seen holding hands and smiling warmly after the Pancasila Day ceremony in Jakarta. The gesture, initiated by Megawati, underscores their enduring political rapport, harking back to their alliance during the 2009 presidential election.

Shell announces diesel price cut to Rp24,490 per litre

Shell and Pertamina have lowered diesel prices effective 1 June 2026, with Shell's diesel reduced to Rp24,490 per litre and Pertamina's Dex and Dexlite variants also seeing decreases. The price adjustments follow global oil market fluctuations influenced by the US-Israel-Iran conflict, affecting fuel costs across Indonesia.

President calls for economic transformation rooted in Pancasila

President Prabowo Subianto has urged a national economic transformation aligned with Pancasila principles to ensure equitable prosperity. He stressed that growth must benefit all citizens, not just a few, citing measures like nutrition support, farmer assistance, and constitutional provisions for public welfare.

Prabowo: Major Transformations Not Easy Amidst Corruption Group Resistance

President Prabowo Subianto has stated that Indonesia's transformation efforts, aligned with Pancasila values, face significant challenges including resistance from corruption-linked groups. He emphasised the need for bold decisions to secure national sovereignty and prevent economic dependence, warning that no foreign nation will offer assistance in times of crisis. The speech highlighted key initiatives in resource processing, food security, and human development to ensure long-term prosperity.

DAMRI Serves 72,556 Hajj Pilgrims During 2026 Departure Period

DAMRI transported 72,556 Hajj pilgrims across 182 groups during the 2026 departure period using 100 buses from multiple embarkation points nationwide. The state-owned enterprise emphasised its commitment to safe and responsible transport, ensuring smooth pilgrimage operations from departure to return. DAMRI also expressed prayers for the pilgrims’ safety and acceptance of their Hajj.

Scavenger killed by train in Bogor despite warnings

An unidentified scavenger died after being struck by a train in Bogor despite warnings from locals. Residents have repeatedly highlighted the dangers of the railway crossing on Jalan Sholeh Iskandar, where accidents occur frequently, and are calling for increased security measures to prevent further fatalities.

Prabowo Confident Indonesia Will Be Respected by Other Nations, Calls for Upholding Pancasila

President Prabowo Subianto emphasised that Indonesia must uphold Pancasila to achieve national unity, economic fairness, and international respect. He stressed that self-reliance and equitable development are essential to avoid dependency on other nations, asserting that Indonesia's diversity is a strength, not a weakness.

Sahroni Urges Polri and Kemenag to Form Anti-Sexual Violence Task Force at Pesantrens: Criminal Acts Under Religious Guise Must Be Severely Punished

A pregnant female student in Pekalongan has revealed a case of sexual violence by a pesantren head, leading to his arrest. Deputy DPR member Ahmad Sahroni has urged Polri and Kemenag to establish a dedicated task force to address systemic sexual violence in Islamic boarding schools, stressing that crimes committed under religious guise must be punished severely to protect victims and preserve the integrity of religious institutions.

KPK to Hand Over Yaqut's Case Files After 2026 Hajj

The Corruption Eradication Commission (KPK) has postponed transferring case files against former Religious Affairs Minister Yaqut Cholil Qoumas until after the 2026 Hajj to prevent disruption to the pilgrimage, as key witnesses are serving as Hajj officials. The case involves alleged corruption in the 2023-2024 hajj quota, causing a Rp 622 billion state loss. Two suspects, including Yaqut and Ishfah Abidal Aziz alias Gus Alex, face charges under the Anti-Corruption Law.

KPK Delays Transfer of Yaqut's Hajj Quota Corruption Case Files Until After 2026 Hajj

The Corruption Eradication Commission (KPK) has delayed transferring case files in the alleged 2023-2024 Hajj quota corruption case involving former Religious Affairs Minister Yaqut Cholil Qoumas until after the 2026 Hajj pilgrimage. This decision follows coordination with the Ministry of Hajj to avoid disrupting the event, as key witnesses are serving as Hajj officers. The case, which also includes another suspect, has caused an estimated Rp 622 billion in state losses.

Vice President Gibran Pays Respects to Former Defence Minister Ryamizard Ryacudu Lying in State at Ministry of Defence

Vice President Gibran attended the funeral of former Defence Minister Ryamizard Ryacudu, who was laid in state at the Ministry of Defence. Ryamizard, a retired four-star general, held key roles including Army Chief of Staff (2002-2005) and Defence Minister during President Jokowi's first term (2014-2019). His lifelong service to Indonesia's military and government was characterised by unwavering loyalty and dedication.

Prabowo Pays Final Respects to Ryamizard Ryacudu

President Prabowo Subianto attended the funeral rites for former Defence Minister and Army Chief Ryamizard Ryacudu, who died on 31 May 2026. The state military funeral at Kalibata National Heroes Cemetery will honour his contributions to Indonesia's security and unity, with Defence Minister Sjafrie Sjamsoeddin leading the ceremony.

NASA to use AI and drones to build lunar base

NASA is advancing its lunar base project by integrating artificial intelligence and drone technology to facilitate exploration and construction on the Moon. The phased approach includes establishing basic infrastructure, developing habitable systems through international partnerships, and ultimately enabling sustained human presence. This initiative marks a significant step in space exploration and international collaboration.

Egypt condemns Israel's military escalation in Lebanon

Egypt has condemned Israel's military escalation in Lebanon, labelling it a blatant violation of international law and UN Charter norms. The government warned of potential regional escalation and called for urgent UN action, as both sides continue hostilities despite a ceasefire in place since April.

Prabowo: Economic Development Must Go Beyond Numbers – Poor Children Must Be Well-Nourished and Workers Prosper

President Prabowo Subianto has stressed that Indonesia's economic development must transcend statistics to ensure tangible welfare for the poor and workers, with natural resources managed responsibly for future generations. He prioritised child nutrition and support for farmers and fishermen to secure national food security.

Purbaya: DSI Export Not a Half-Hearted Programme, President Prabowo Scrutinises Details

Finance Minister Purbaya Yudhi Sadewa has confirmed that President Prabowo Subianto and Coordinating Minister Airlangga are closely monitoring the implementation of natural resource exports through PT Danantara Sumber Daya Indonesia (DSI), stressing it is not a half-hearted initiative. The move aims to enhance oversight, ensure regulatory compliance, and improve transparency for publicly listed companies, which could significantly boost profitability and investor confidence.