Indonesian Political, Business & Finance News

Archive: 26 June 2026

Showing 1,501-1,505 of 1,505 articles

Situbondo DPRD Special Committee Reveals IDR 1.6 Billion in Physical Project Findings

A special committee of the Situbondo Regional House of Representatives (DPRD) has disclosed that state losses from problematic physical projects in the 2025 fiscal year amount to approximately IDR 1.6 billion. The findings, based on a BPK audit, primarily relate to road construction works. The local government has 60 days to act on the recommendations before a review by the national audit board.

Finance Minister Purbaya Stresses Regulatory Compliance for Fair Industrial Competition

Finance Minister Purbaya Yudhi Sadewa has underscored that equal regulatory compliance, including tax obligations, is essential for fostering fair competition and strengthening Indonesia's industrial sector. During a visit to a Chinese steel company in Jakarta, he clarified that the government's intensified oversight aims to ensure a level playing field rather than hinder business operations. The ministry is currently verifying the firm's operational data and plans to extend similar compliance checks to other companies to boost national competitiveness.

Dudung Reveals Prabowo's Special Message on YTR False Imprisonment Case in Bandung

Presidential Chief of Staff Dudung Abdurachman has disclosed that President Prabowo Subianto is closely monitoring the false imprisonment and torture case of YTR in Bandung Regency. The President has instructed that the case be processed according to the applicable law. Dudung described the suspect's actions as beyond the limits of humanity after visiting the victim in hospital.

ILEF 2026 Highlights Corporate Criminal Law Enforcement Direction Six Months After New Criminal Code Takes Effect

The Indonesia Legal & Economic Forum (ILEF) 2026 convened key legal and business figures to assess the first six months of corporate criminal liability under the new National Criminal Code (KUHP). The forum, organised by PERADI SAI, aimed to bridge understanding between law enforcement, regulators, and the business community. Discussions focused on ensuring legal certainty and a healthy investment climate as corporate governance enters a new era.

A Flawed Red Heifer and the Fate of the World: Does It Hang on a Cow's Ear?

The article discusses the religious and political significance of the 'red heifer' ritual among Zionist groups, drawing a parallel to a historical anecdote about an Umayyad Caliph's desire for peace. It notes that after three of the five red heifers imported from Texas were found to be blemished, a new red calf has reportedly been born in occupied Galilee, reigniting apocalyptic speculation among Evangelical Christians in the United States.