Indonesian Political, Business & Finance News

Archive: 1 June 2026

Showing 1,351-1,400 of 1,447 articles

The Politics of War: A Message from P.K. Ojong

P.K. Ojong’s examination of 20th-century European conflicts highlights how arrogance, miscalculations, and nationalism can trigger civilisational collapse. His warnings resonate urgently amid current US-China rivalry, the Ukraine war, and a weakening global order. Indonesia, under President Prabowo’s proactive diplomacy, now faces the challenge of navigating between major powers without losing agency.

Pancasila Founder Suffered in Later Years, Detained and Depressed

Indonesia's founding father Sukarno, who first articulated Pancasila in 1945, faced a tragic decline in his later years after being removed from power in 1967. Detained and isolated, he suffered from depression and inadequate medical care before his death in 1970. His contributions to Pancasila were only officially recognised again after the New Order regime collapsed in 1998, with 1 June declared a national holiday in 2016.

Pertamina's Updated Fuel Prices Across Indonesia Effective 1 June 2026: Complete Price List

Pertamina has revised non-subsidised fuel prices effective 1 June 2026, with some increases and decreases across regions. While certain premium fuels like Pertamax Turbo saw price hikes, others such as Dex and Dexlite were reduced. Subsidised fuels including Pertalite and Biosolar remain unchanged, maintaining affordability for consumers.

5 Strategies to Boost Investment via Indonesia’s 'Profit and Loss Free' Policy in 2026

Indonesia’s 'Profit and Loss Free' policy aims to stimulate foreign and domestic investment, with the Ministry of Finance noting initial success. However, many companies remain underutilising it. Experts recommend five key strategies—including improved transparency, corporate capability building, and public awareness—to maximise its potential for economic growth and job creation.

MRT Phase 205 Construction: Traffic Adjustments in Central Jakarta

The MRT Phase 205 project in Central Jakarta has necessitated traffic management changes, reducing road widths by up to 4 metres. The Jakarta Transportation Agency confirmed lane markings and barriers will be adjusted, with works scheduled to finish by 26 June 2026.

GMS Bantul Congregation Hopes to Resume Church Worship

The GMS congregation in Bantul remains unable to hold in-person worship after a disputed disbanding, opting for online services while seeking permit resolutions. The Ministry of Religion and Yogyakarta Governor have stressed the need for tolerance and unity, with authorities working to prevent recurrence of such incidents. The dispute stems from local opposition over permit issues and allegations of intimidation by mass organisations.

IHSG Plummets Nearly 30% Year-to-Date in 2026 as Capital Market Remains Under Pressure

The Indonesian Stock Exchange's Composite Index (IHSG) has dropped nearly 30% year-to-date in 2026, reflecting continued market pressure despite minor weekly gains in transaction value and capitalisation. Foreign investors have recorded net selling of Rp53.971 trillion for the year, while regulators and the exchange have emphasised sustainability standards to bolster investor confidence and competitiveness.

Prabowo Scheduled to Lead Pancasila Day Ceremony

President Prabowo Subianto is set to lead the national Pancasila Day ceremony on 1 June 2026, with the theme highlighting Pancasila as a unifier of the nation and a foundation for world peace. Former President Megawati Soekarnoputri is anticipated to attend, along with other ex-leaders, showcasing political unity. The ceremony, held at Jakarta's Gedung Pancasila, will feature symbolic elements including the Garuda Pancasila emblem.

Waisak Strengthens National Unity

President Prabowo Subianto has underscored the importance of Waisak in reinforcing national unity and harmony, highlighting Indonesia’s diversity as a source of strength. He urged citizens to uphold compassion, tolerance, and wisdom to navigate global uncertainties and build a prosperous, peaceful nation. The President also praised the role of Buddhist teachings in promoting social cohesion and shared national aspirations.

Yogya Mayor Warns Against Dumping Sacrificial Animal Waste in Rivers

Yogyakarta Mayor Hasto Wardoyo has urged residents and mosque officials to properly manage sacrificial animal waste during Idul Adha to prevent environmental pollution. With limited capacity at the city's only slaughterhouse, the majority of animals are processed elsewhere, making proper waste disposal crucial. He emphasised that blood and offal must not be discharged into public drains or rivers.

Army Chief Describes Ryamizard as Passionate Advocate for Military Unit Development

Army Chief General Maruli Simanjuntak recalled the late Defence Minister Ryamizard Ryacudu as a dedicated leader focused on soldier professionalism and military unit development. He highlighted Ryamizard’s role in modernising training infrastructure and creating elite units like the Raider battalions. Simanjuntak expressed confidence that Ryamizard’s legacy will continue to benefit the Indonesian Army.

Jakarta reports drainage repairs in Lenteng Agung and Idul Adha return traffic

Jakarta saw multiple government-led initiatives on Sunday, including a Rp380 million drainage repair in Lenteng Agung and heightened bus terminal traffic during Idul Adha return travel. Social welfare programmes such as Sekolah Rakyat and Human Initiative's Sebar Qurban reached thousands of beneficiaries, underscoring efforts to bolster public services and support vulnerable communities.

Jakarta Introduces Vehicle Tax Amnesty Effective Today

Jakarta has launched a vehicle tax amnesty programme running until 31 August 2026, waiving all late payment penalties for Motor Vehicle Tax (PKB) and Vehicle Transfer Duty (BBNKB). Residents can settle outstanding arrears without interest charges through an automated process, while the initiative supports greater tax compliance and streamlined services ahead of the city’s 499th anniversary.

Legal news yesterday: suspected WWII bomb explosion and Waisak remission

Key legal and security updates include a WWII bomb blast in Biak resulting in five fatalities, a parliamentary demand for transparency in a travel fraud case, and intensified efforts against theft-related crimes in Papua. Additionally, state officials attended the funeral of former Defence Minister Ryamizard Ryacudu, while the Ministry of Immigration and Corrections granted Waisak remission to over 1,000 Buddhist inmates.

US Sanctions Fail to Subdue China as Trump’s Strategy Backfires

US export restrictions on semiconductor technology have backfired, accelerating China's push for self-sufficiency. Huawei's new Tau Scaling Law aims to overcome manufacturing limitations, with plans for 1.4nm chips by 2031. Beijing's refusal to approve US chip exports underscores its growing technological independence.

Pertamina adjusts non-subsidised fuel prices effective 1 June 2026: Turbo up, Dexlite and Dex down

PT Pertamina has revised non-subsidised fuel prices effective 1 June 2026, with Pertamax Turbo increasing by Rp 850 per litre while Dexlite and Dex saw reductions. The adjustments follow rising global crude oil benchmarks, as Brent averaged $103.71 per barrel in May (up 1.22% month-on-month) and WTI rose marginally to $98.42 per barrel.

Presidential-donated Cattle for Code Riverbank Residents Slaughtered at Giwangan Slaughterhouse

Yogyakarta Mayor Hasto Wardoyo has overseen the distribution of President Prabowo Subianto's donated cattle for Eid al-Adha to isolated communities along the Code River. He stressed strict waste management protocols to prevent pollution, with the one-tonne meat allocation expected to benefit up to 300 households. The move highlights efforts to balance religious traditions with environmental responsibility amid capacity constraints at official slaughter facilities.

Political developments: Ryamizard Ryacudu's passing and presidential agenda

Former Indonesian Defence Minister Ryamizard Ryacudu has died, with President Prabowo Subianto extending condolences. Government Communication Bureau Chief Muhammad Qodari confirmed the President's only official foreign trip this week is to France, not Italy, and his attendance at the Pancasila Day ceremony remains subject to confirmation.

Sunday's criminal incidents: wedding organiser fraud and woman's murder in South Jakarta

Jakarta witnessed several criminal incidents on Sunday, ranging from a wedding organiser fraud affecting 58 couples and a fatal stabbing to a taxi driver's vehicle damage on a toll road. Authorities have arrested suspects, opened complaint hotlines for umrah fraud victims, and seized illegal prescription drugs disguised as cosmetics.

40+ Pancasila Day 2026 Messages, Perfect for Social Media Captions

P Pancasila Day is annually commemorated on 1 June, honouring Indonesia's state philosophy. The 2026 celebrations, under BPIP's theme 'P Pancasila as Unity of the Nation, Foundation of World Peace', involve mandatory flag ceremonies for government and schools, with social media messages promoting national unity and values.

Ministry of Hajj and Umrah Confirms Mina Cleared as Pilgrims' Return Phase Begins

The Indonesian Ministry of Hajj and Umrah has confirmed the Mina area is clear of all Indonesian pilgrims following the successful completion of peak Hajj rituals. All ceremonies, including Arafah, Muzdalifah, and stoning of pillars, were conducted safely and orderly, thanks to collaboration between Indonesian officials, Saudi authorities, and pilgrims. Authorities have advised pilgrims to stay hydrated and rest adequately amid hot weather, with particular focus on vulnerable groups.

Jakarta's odd-even traffic rule suspended today, resumes tomorrow

Jakarta has suspended its odd-even traffic rule today (1 June 2026) for Pancasila Day, a national holiday, in line with Governor Regulation No. 88 of 2019. The measure, which typically runs from 6am to 10am and 4pm to 9pm, will resume from Tuesday to Friday. The suspension follows standard exemptions for public holidays.

Ministry of Defence Mourns Passing of General Ryamizard Ryacudu

Former Defence Minister General Ryamizard Ryacudu has passed away following treatment at RSPAD Gatot Soebroto Hospital. The Ministry of Defence praised his lifelong dedication to national defence and military professionalism, stating his legacy will inspire future generations. President Prabowo Subianto is scheduled to attend the military funeral at Kalibata National Heroes Cemetery.

Husein Airport Reactivation Sparks Dilemma as Bandung Tourism Benefits but Kertajati Faces Threat

MTI's Djoko Setijowarno warns that reactivating Bandung's Husein Sastranegara Airport for jet flights could boost local tourism but jeopardise the viability of West Java's Kertajati Airport. The decision pits short-term consumer convenience against long-term infrastructure investment sustainability, risking Kertajati's return on investment and operational costs amid existing transport links like the Whoosh train and Cisumdawu Toll Road.

Mysterious Explosion Rocks Indonesia's Neighbour, Dozens Killed Instantly

A massive explosion in northern Myanmar’s Kaung Tat village, controlled by rebel group TNLA, killed at least 55 people and injured dozens. The blast, suspected to have resulted from stored mining materials during a ceasefire with Myanmar’s military, is under investigation, with the TNLA expressing condolences and vowing to hold negligent parties accountable.

BMKG forecasts rain across all Jakarta areas on Monday afternoon

The Meteorological Agency (BMKG) has predicted widespread rain across Jakarta on Monday afternoon, following an overcast morning with increasing intensity. The Disaster Management Agency (BPBD) has urged residents to prepare for potential flooding and use the 24-hour emergency service at 112 if necessary.

MPM PP Muhammadiyah Distributes 650 Kurban Packages to Marginalised Groups in Yogyakarta Special Region

MPM PP Muhammadiyah has distributed 650 kurban packages to 11 marginalised communities across Yogyakarta Special Region, marking the fourth year of its 'Sharing Virtue with Grassroots Network' initiative. The program, which saw an increase in sacrificial animals this year, collaborates with the city government's slaughterhouse to ensure professional and hygienic processing, reflecting public trust in Muhammadiyah's distribution efforts.

East Java Provincial Government Shifts WFH Schedule to Fridays Following Home Affairs Minister's Directive

East Java has adjusted its Work From Home policy for civil servants from Wednesdays to Fridays to align with national directives from the Home Affairs Minister. The change, effective June 2026, aims to conserve energy amid geopolitical tensions while exempting essential public service departments. The provincial government continues monitoring productivity and enforces strict compliance with safety and duty protocols during WFH days.

Gatot Nurmantyo Recalls Ryamizard Ryacudu's Vision During Aceh Tsunami Response

Retired General Gatot Nurmantyo has recalled the late Ryamizard Ryacudu's decisive role in constructing critical infrastructure during the Aceh tsunami response. Despite widespread destruction, Ryacudu ordered road-building efforts deemed impossible by conventional standards, which were later proven successful. His visionary approach remains a notable example of military-led disaster management.

Prof Quraish Shihab Explains Hajj Mabrur

Quranic scholar Prof Quraish Shihab clarifies that 'Hajj Mabrur' is not mentioned in the Quran but referenced in hadiths, with the reward being Paradise. The term's linguistic roots in 'Barra' signify acceptance and virtue, though scholarly interpretations vary on its exact meaning.

Pertamina Fuel Prices from 1 June: Pertamax Turbo Rises, Dex Series Falls

Pertamina has adjusted non-subsidised fuel prices effective 1 June, with Pertamax Turbo rising to Rp20,750 per litre while diesel variants Dexlite and Pertamina Dex saw significant cuts. The move, driven by global energy trends and government pricing formulas, aims to support national economic stability, particularly for transport and logistics sectors reliant on diesel.

Jakarta suspends odd-even traffic rule today, resumes tomorrow

Jakarta has temporarily suspended its odd-even traffic rule today (1 June 2026) in observance of Pancasila Day, a national holiday. The regulation, which normally restricts vehicles based on licence plate numbers, will resume from Tuesday to Friday next week during morning and evening rush hours. The decision follows DKI Jakarta Governor Regulation No. 88 of 2019, which exempts national holidays from the rule.

Pertamina diesel prices drop from 1 June

Pertamina has reduced diesel fuel prices for Dex and Dexlite at its stations effective from 1 June 2026, while increasing Pertamax Turbo. The adjustment follows a ministerial decision to update fuel pricing formulas, reflecting ongoing government policy changes amid geopolitical tensions.

Danantara Sets Up DSI to Oversee Natural Resource Exports and Prevent Under-Invoicing

The new PT Danantara Sumber Daya Indonesia (DSI) subsidiary aims to enhance transparency in natural resource exports, combat under-invoicing and transfer pricing to boost state revenue, and ensure benefits for businesses and the public. A six-month transition period starting June 2026 will involve consultations with industry stakeholders to set pricing standards, with collaboration across government agencies and businesses crucial for success.

KA Sangkuriang Eases Travel to Bali, Here's How

The KA Sangkuriang train service between Bandung and Ketapang, Banyuwangi, has streamlined travel to Bali through integrated rail and ferry connections, offering a comfortable alternative to flights and road trips. Launched on 2 May 2026, the service provides punctual travel with minimal traffic disruptions and seamless transfers to ferries bound for Gilimanuk. It also enhances access to Banyuwangi's key attractions, including Kawah Ijen and Alas Purwo National Park.

Israel Angered by UN Blacklist over Sexual Violence Claims

Israel has been added to a UN blacklist over allegations of sexual violence in conflict zones, prompting the country to sever ties with UN Secretary-General Antonio Guterres. Israeli officials have condemned the move as politically motivated and baseless, accusing the UN of systematic bias against Israel. The UN maintains its position, citing credible reports of sexual violence by Israeli forces against Palestinians in detention facilities.

Estonia, a NATO member bordering Russia, faces male conscript shortage

Estonia, a NATO ally on Russia's border, is grappling with a declining pool of eligible male conscripts due to falling birth rates. Defence officials warn that without policy changes, the country may fail to meet military staffing targets by 2040, prompting discussions on extending conscription to women, a move already adopted by several other NATO nations including Norway and Sweden.

Popular Automotive: Moto3 Italy Qualifying Results and BYD M6 DM Classic

The Jakarta Provincial Government has cancelled the Car Free Day event on 31 May 2026 to mark Waisak Day 2570, according to official transport authority notice. PT BYD Motor Indonesia has confirmed the BYD M6 DM Classic as the entry-level model in its upcoming Indonesian lineup, addressing prior market speculation.

TNI Seen as Having Strategic Role in Village Cooperatives Oversight

The Indonesian National Armed Forces (TNI) is viewed as playing a strategic role in overseeing the Merah Putih Village Cooperatives programme under Non-War Military Operations (OMSP). Experts highlight that the TNI's extensive network aids effective monitoring and coordination with government agencies to accelerate rural economic development and ensure programme success.

Saudi Arabia Seeks Pilgrim Feedback to Improve Future Hajj Services

Saudi Arabia’s Hajj Minister Dr Tawfiq Al-Rabiah has urged pilgrims to submit feedback to improve future services, stressing that their experiences are vital for refining the Hajj ecosystem. The initiative reflects the Kingdom’s ongoing commitment to enhancing service quality through direct input from those receiving the services.

65+ Inspirational and Cool Pancasila Day Quotes for 1 June 2026

This compilation of quotes commemorates Pancasila Day on 1 June 2026, highlighting the foundational principles of Indonesia's state ideology. The quotes aim to inspire reflection on unity, diversity, and the practical application of Pancasila in contemporary society. They serve as a reminder of the nation's commitment to harmony and progress through its guiding philosophy.

US-Iran Conflict 'Eases' as Major War Shifts to This Arab Country

Israel has intensified military operations in southern Lebanon, breaching a ceasefire and causing significant casualties and displacement. France has called for an emergency UN Security Council meeting due to worsening violence, while Israeli forces secured strategic sites like Beaufort Castle, which Hezbollah had used to launch attacks. Hezbollah's use of drone technology has complicated Israeli air defences, with ongoing clashes reported across southern Lebanon.

BRI Distributes Food Packages to Buddhists for Vesak Day

BRI has distributed 1,000 food packages to Buddhist communities in Jakarta during Vesak Day as part of its corporate social responsibility initiative. The programme aims to support basic needs and foster social solidarity, with the bank committed to ongoing inclusive community welfare efforts beyond traditional banking services.

Natural Resource Exporters Required to Report to DSI Effective Today

Natural resource exporters must report to PT Danantara Sumberdaya Indonesia (DSI) from June 1, 2026, using the CEISA 4.0 platform. Coal, ferroalloy, and palm oil, which accounted for 23.4% of Indonesia's total exports in 2025, will be the first commodities covered. The government will assess the new mechanism over three months before full implementation in January 2027 to ensure business continuity and respect for existing contracts.

Blue Moon phenomenon observed across multiple regions in Indonesia

Indonesia witnessed the rare Blue Moon phenomenon across multiple regions on May 31, 2026, with the second full moon of the month following the first on May 1. Despite its name, the moon did not appear blue; the term refers to the occurrence of two full moons in a single calendar month. The next such event is predicted for December 31, 2028.

Brazil Monitors Two Suspected Ebola Patients in São Paulo and Rio de Janeiro

Brazil is closely monitoring two suspected Ebola cases in São Paulo and Rio de Janeiro, with test results expected next week. Both patients have been diagnosed with other illnesses—meningitis and malaria—but co-infection with Ebola remains possible. The WHO stresses the global risk of transmission remains very low despite the ongoing outbreak in Africa.

Jawara Beton at Tangerang Prison: Between Rehabilitation and Hope

Abu, a prisoner serving 12 years for serious assault, participates in Tangerang Prison’s Jawara Beton construction programme, earning a monthly premium and saving over Rp2 million for his release. The initiative provides vocational training and structure, helping inmates stay productive while preparing for reintegration into society.

Saudi Arabia Starts Accepting Umrah Pilgrims

Saudi Arabia has launched its new Umrah season, with visa applications beginning on 31 May 2026 and pilgrim arrivals permitted until 23 March 2027. The Ministry of Hajj and Umrah has enforced strict adherence to these deadlines, calling on service providers to comply with regulations to ensure high-quality experiences for pilgrims.

Qatar, Germany and UK Condemn Israel’s Expanded Attacks in Lebanon

Qatar, Germany and the UK have condemned Israel’s expanded ground operations in southern Lebanon, labelling them violations of international law and dangerous escalations. They have called on Israel to halt its attacks and engage in diplomatic efforts, as the conflict risks worsening regional stability and causing further civilian displacement.

Donald Trump Demands Cancellation of US 250th Anniversary Concert Amid Musicians' Withdrawals

US President Donald Trump has ordered the cancellation of a 250th-anniversary concert after high-profile musicians withdrew, citing political concerns. The event, organised by the Trump-aligned group Freedom 250, faced backlash when artists realised its political ties despite claims of being non-partisan. In response, Trump plans to replace it with a political rally, while the White House continues supporting other anniversary activities including UFC fights and limited-edition passports featuring his image.