Indonesian Political, Business & Finance News

Archive: 2 June 2026

Showing 1,051-1,100 of 1,852 articles

"If Prices Rise, Customers Will Vanish", Warteg Traders Lament Amidst Rising Costs

Small-scale food stall owners in North Jakarta are reporting significant drops in revenue due to the surging prices of essential ingredients. Traders express difficulty in raising menu prices for fear of losing their customer base despite rising operational costs.

PLN Confirms Electricity Tariffs Will Not Increase in June 2026

PT PLN (Persero) has dismissed rumours of electricity tariff hikes for the June 2026 period, following widespread social media complaints regarding rising bills. The state-owned utility clarified that any increase in costs is likely due to changes in consumer usage patterns rather than regulatory changes.

Electricity Token Prices 2-7 June 2026: How Much kWh Do You Get for Rp 100,000?

The Indonesian government has maintained electricity tariffs for the second quarter of 2026 to preserve public purchasing power. This article provides a simulation of electricity token yields for prepaid customers based on current regional tax rates.

Government investigates alleged research fabrication by Indonesian citizens at ISPPD conference

The Ministry of Higher Education, Science, and Technology has launched an investigation into the alleged fabrication of research presented at the ISPPD 2026 conference in Denmark. The Ministry is working to determine the extent of the misconduct and its impact on the international credibility of Indonesian researchers.

DPR Oversight Committee Urges Optimised Services for Second Wave of Hajj Pilgrims in Madinah

The Indonesian House of Representatives (DPR) Hajj Oversight Committee has called on the government to maximise services for the second wave of Indonesian pilgrims arriving in Madinah. The committee emphasised the need for efficient logistics and hotel coordination to accommodate the physical and psychological needs of pilgrims following the peak rituals in Mecca.

Rano Karno: 95% of Jakarta Fires Triggered by Short Circuits

The Deputy Governor of Jakarta, Rano Karno, has revealed that nearly 95% of fire incidents in the capital are caused by electrical short circuits. He urged residents, particularly those in densely populated areas, to ensure their electrical installations meet safety standards to prevent future disasters.

Up 87.76%, Indonesia Imports Significant Amounts of Fuel from Singapore, Malaysia, and Egypt

Indonesia's oil and gas imports surged by 82.52% in April 2026, reaching a value of US$ 4.60 billion. This increase was primarily driven by an 87.76% rise in fuel imports from Malaysia, Singapore, and Egypt, alongside growing crude oil imports from Nigeria, Brazil, and Kazakhstan.

Gerindra: President Prabowo is Not Anti-Criticism, His Attitude Should be Exemplified by the Younger Generation

Gerindra Party Spokesperson Bahtra Banong has stated that President Prabowo Subianto remains open to criticism and maintains a respectful stance towards Indonesia's former leaders. The spokesperson emphasised that the President's commitment to national unity and 'gotong-royong' serves as a vital model for both the youth and political elites.

Three Revisions: Are Export Proceeds Parking Regulations Becoming More Relaxed?

The Indonesian government has introduced Government Regulation Number 21 of 2026, marking the third revision to export proceeds (DHE) rules in three years. While some changes suggest a tightening of retention obligations, economists warn that frequent regulatory shifts signal a lack of policy maturity regarding exporter behaviour and corporate foreign exchange needs.

CELIOS Urges Government to Expand Tax Base to Global OTT Companies

The Centre of Economic and Law Studies (CELIOS) has highlighted a significant fiscal gap in Indonesia's digital economy, where tax revenue remains low despite massive transaction values. The study suggests implementing new tax instruments to ensure global Over-The-Top (OTT) platforms contribute more fairly to the national treasury.

Ministry of Primary and Secondary Education to Distribute PIP PAUD Grants from October to Support 13-Year Compulsory Education

The Indonesian Ministry of Primary and Secondary Education will begin distributing the Indonesia Pintar Program (PIP) grants for early childhood education (PAUD) students starting in October 2026. This initiative aims to support the proposed 13-year compulsory education scheme by providing financial assistance to students from low-income families.

PLN Confirms No Electricity Tariff Increase for April-June 2026

PT PLN (Persero) has clarified that electricity tariffs will remain unchanged during the April-June 2026 period, following social media concerns regarding rising bills. The state-owned utility explained that increased costs are likely due to changes in household energy consumption patterns rather than tariff adjustments.

Sight of Debris from Fire in Densely Populated Kemayoran Settlement

A massive fire in Central Jakarta has left 620 residents homeless after destroying hundreds of semi-permanent buildings. The blaze, suspected to have been caused by an electrical short circuit, required the deployment of 35 fire engines and 175 personnel to contain.

Nadiem's Plea: Chromebook Programme Saved Rp3.9 Trillion in Budget

Former Minister of Education Nadiem Makarim has argued in court that the decision to use Chrome OS for school laptops saved the state at least Rp3.9 trillion. He contested the corruption charges, claiming the policy was cost-effective and that he had no direct involvement in the procurement specifications.

"Our Placenta Was Buried Here": Why Kemayoran Fire Victims Refuse to Move to Flats

The Deputy Governor of Jakarta, Rano Karno, faces significant challenges in persuading residents of Kebon Kosong to relocate to low-cost flats following a devastating fire. Many residents express a deep emotional connection to their ancestral land, despite the risks of living in high-density, fire-prone areas.

Trillions of Rupiah Flow into AI as Tech Industry Layoff Wave Intensifies

Massive capital investments in artificial intelligence are driving a significant restructuring within the global technology sector. While giants like Meta, Amazon, and Microsoft commit trillions of rupiah to AI infrastructure, major layoffs are occurring as companies pivot towards automated efficiency.

KPK Questions Forestry and Energy Officials as Witnesses in Coal Case

The Corruption Eradication Commission (KPK) has interrogated high-ranking officials from the Ministry of Forestry and the Ministry of Energy and Mineral Resources regarding a coal-related bribery investigation. The probe is linked to a gratification case involving the former Regent of Kutai Kartanegara, which has already implicated three corporations.

South Jakarta Government Completes Drain Repairs in Lenteng Agung Within Three Days

The South Jakarta Water Resources Sub-department has successfully repaired a collapsed drainage system on Lenteng Agung Road in just 72 hours. The repair work, which involved closing parts of the road, has now been completed to restore normal traffic flow in the Jagakarsa area.

Gerindra Legislator Inaugurates Transit House for Hospital Patient Families in Tarakan

A new two-storey transit house has been opened in Tarakan to provide free accommodation for families of patients undergoing medical treatment. The facility aims to alleviate the hardships faced by residents from remote areas who often struggle to find decent lodging while accompanying loved ones to the hospital.

Global Water Trade Reaches Tens of Trillions, China Dominates

The global trade in water and ice reached US$1.33 billion in 2024, reflecting a steady increase in the commercialisation of basic resources. China maintains a commanding lead, accounting for over half of the world's water exports and recording a massive trade surplus.

Protests for Sumbawa Island Province Expansion Invoke Fahri Hamzah's Promises

Protesters across Sumbawa, Dompu, and Bima in West Nusa Tenggara have staged simultaneous demonstrations demanding the creation of a new province for Sumbawa Island. The demonstrators are accusing Deputy Minister of Housing and Settlement Areas, Fahri Hamzah, of breaking his previous pledge to advocate for the regional expansion.

Washington Tightens Nvidia Chip Ban, Closing Backdoor to China

The United States government has introduced new guidelines to close loopholes that allowed Chinese firms to acquire advanced Nvidia and AMD AI chips via overseas subsidiaries. The Bureau of Industry and Security aims to ensure that all entities with Chinese headquarters must comply with US export licences, regardless of where their affiliates operate.

Expert: Placement of Active Police Officers in Civil Positions Must Be Limitatively Regulated in Law

A criminal law lecturer has urged that the revision of the National Police Law must clearly and strictly define which civil positions active police officers are permitted to hold. The expert emphasises that while roles related to policing functions are permissible, regulations must prevent the expansion of police power into purely civilian domains to ensure political neutrality.

US Urges Oman to Take a Stance on Middle East Conflict

The United States is reportedly pressuring Oman to take a clear position regarding the Middle East conflict and to sever diplomatic ties with Iran. Washington has warned against any facilitation of Iranian transit fees through the Strait of Hormuz, causing significant concern within the Omani government.

Rice Production Rises, but April 2026 Paddy Harvest Drops by 15 Per Cent

Indonesia's national rice production saw a slight increase of 0.12 per cent to 14.03 million tonnes between January and April 2026. However, the paddy harvest for April 2026 specifically declined significantly due to a reduction in harvested areas.

Regulations for Sea Crossings of Electric Vehicles to be Continuously Refined

The Indonesian Ministry of Transportation has issued new guidelines to manage the safety and operational procedures for transporting electric vehicles via ferry. PT ASDP Indonesia Ferry (Persero) is working closely with regulators to ensure these standards adapt to the growing electric vehicle ecosystem in the country.

Rano: 95 per cent of fires in Jakarta caused by electrical short circuits

Jakarta Deputy Governor Rano Karno has revealed that electrical short circuits account for approximately 95 per cent of all fires in the capital. Following a recent major blaze in Kemayoran, the provincial government has established an evacuation centre to support hundreds of displaced residents.

Nadiem Makarim saddened by 'white-collar criminal' narrative in corruption trial

Former Minister of Education Nadiem Anwar Makarim has expressed his distress over being labelled a 'white-collar criminal' during his corruption trial. He defended himself against allegations of orchestrating a massive procurement fraud involving Chromebooks, asserting that no evidence of illicit financial gain has been presented.

PT Vale to Distribute 60 Per Cent Dividend from 2025 Net Profit

PT Vale Indonesia Tbk has announced a cash dividend of 60 per cent of its 2025 net profit, amounting to US$45.64 million. The decision follows a strong financial performance where the company saw a 32 per cent increase in net profit despite global nickel market fluctuations.

Ministry of Agriculture Proposes Building Special Kitchens to Supply Milk for Free Nutritious Meal Programme, Requiring Rp5 Billion Capital

The Indonesian Ministry of Agriculture has introduced the 'Indonesia Milk Kitchen' (DASI) concept, a small-scale processing unit designed to supply milk for the Free Nutritious Meal (MBG) programme. With an estimated investment of under Rp5 billion per unit, the initiative aims to decentralise dairy production and create guaranteed markets for farmers outside Java.

Psychiatrist highlights three warning signs of employee burnout

A psychiatrist from RSCM has identified three primary symptoms of workplace burnout, including emotional exhaustion and a lack of personal achievement. The expert suggests that addressing burnout requires strategies ranging from work-life balance to skill development depending on the underlying cause.

South Sulawesi Police Uncover Smuggling of 120,000 Litres of Subsidised Fuel

The South Sulawesi Regional Police have dismantled a major smuggling syndicate involving 120,000 litres of subsidised biosolar fuel transported via tankers. The operation, conducted in collaboration with the Navy, has led to the arrest of seven suspects, including company executives, and the seizure of several vessels.

CFTEC and AEOTrade Co-host China-Singapore Digital Trade Roadshow at WCIFIT

CFTEC and AEOTrade have launched a digital trade pilot project aimed at enhancing connectivity between western China and Singapore through logistics and financial integration. The initiative focuses on the implementation of the NCD Convention and the interoperability of digital trade platforms to streamline international cargo documentation.

Lapindo Mud Compensation: PPLS Synchronising Rp1.5 Trillion Outstanding Debt Data

The Sidoarjo Mud Flow Control Centre (PPLS) is intensifying coordination with a dedicated task force to validate and synchronise compensation data for residents affected by the Lapindo mud eruption. The initiative aims to resolve long-standing claims, including an estimated Rp1.5 trillion in unpaid compensation involving 200 outstanding files.

Road Works Officers Apprehend Street Lighting Cable Thief

Public Street Lighting (PJU) task force officers in Jatinegara, East Jakarta, have arrested an individual caught stealing copper cables. The perpetrator was found cutting vital components of the street lighting network, which are highly valuable due to the high market price of copper.

Women's commission urges Pancasila-based rights protection

The Chairperson of the National Commission on Violence Against Women (Komnas Perempuan) has called for the integration of Pancasila values into policies to better protect women's rights. This plea follows a significant 14.07 per cent increase in reported gender-based violence cases, highlighting a critical gap in the implementation of national development programmes.

Said: Prabowo-Megawati Handshake Reflects National Politics

PDI Perjuangan official Said Abdullah has stated that the warm interaction between President Prabowo Subianto and Megawati Soekarnoputri during the Pancasila Day commemorations signifies a deep-rooted friendship. He emphasised that their relationship transcends practical politics, focusing instead on national stability and shared values.

Extension of Retirement Age for Police Officers Feared to Trigger Career 'Bottleneck'

Legal expert Tedi Sudrajat has warned that extending the retirement age for Indonesian National Police (Polri) members could lead to career stagnation if not accompanied by a measured regeneration scheme. The warning was issued during a parliamentary hearing regarding the revision of the Police Law, highlighting concerns over promotion delays and leadership stability.

Dunlop Receives Best Supplier Award from Astra Daihatsu

PT Sumi Rubber Indonesia, the manufacturer of Dunlop tyres in Indonesia, has secured the Superior Quality & Delivery Award at the 19th ADM Supplier Awards. This achievement recognises the company's excellence in product quality and delivery precision for the 2025โ€“2026 assessment period.

The Struggle of Saodah, 80-Year-Old Elderly Woman Who Escaped Kemayoran Fire

An 80-year-old woman, Saodah, narrowly escaped a devastating fire in Kemayoran that destroyed her family home. The blaze left the elderly resident and her family members without any belongings, as the flames rapidly consumed the multi-storey building.

Analysis: Charges in TaniHub case sparks concern among venture capital players

Prosecutors have sought heavy prison sentences for executives from MDI Ventures and BRI Ventures, alleging their TaniHub investments caused significant state losses. The case has sparked widespread concern within the venture capital industry, with critics arguing that the legal pursuit of commercial investment failures could stifle innovation and discourage future funding for high-risk sectors.

SBY Shares Experiences of Leading Indonesia Through Global Crises

Former Indonesian President Susilo Bambang Yudhoyono (SBY) reflected on the strategies used to navigate the 2008 global financial crisis. He emphasised the importance of maintaining credibility, fiscal prudence, and effective policy coordination to ensure economic stability.

Judge States Transfer of Andrie Yunus Case to TNI Military Police is Not a Delay in Investigation

A South Jakarta District Court judge has ruled that the transfer of the acid attack case involving KontraS Vice Coordinator Andrie Yunus to the TNI Military Police does not constitute an undue delay in investigation. Despite the transfer, the court has ordered the Metro Jaya Police to continue the legal process to ensure justice for the victim.

Losses Up to Rp 20 Billion: Hanania Travel Partners Report to Metro Jaya Regional Police

Dozens of business partners of PT Khazanah Tamma Internasional, known as Hanania, have filed a report with the Metro Jaya Regional Police following alleged fraud. The partners claim they have suffered losses totalling up to Rp 20 billion due to the failure of promised Umrah departures.

Lo Kheng Hong Acquires 19.9 Million Shares of Salim Group's Palm Oil Issuer (SIMP)

Renowned Indonesian investor Lo Kheng Hong has increased his stake in PT Salim Ivomas Pratama Tbk (SIMP) to 5.11% following a significant share purchase. The transaction, involving 19.9 million shares at Rp600 per share, marks a strategic reversal after his previous divestment in April.

BMKG Explains Cause of 2-Degree Rise in Minimum Temperatures in NTB

The Indonesian Agency for Meteorology, Climatology, and Geophysics (BMKG) has reported a 2-degree Celsius increase in average minimum temperatures across West Nusa Tenggara (NTB). This warming trend is attributed to the weakening of the Australian Monsoon and increased atmospheric humidity.

PLN Responds to Netizen Complaints Regarding Sudden Electricity Bill Increases

PT PLN (Persero) has addressed widespread social media complaints regarding rising electricity bills in early June 2026. The state-owned utility clarified that there has been no official increase in electricity tariffs, suggesting that the surge is likely due to changes in consumer usage patterns and weather conditions.

Active grenade found after deadly Papua blast: police

An active grenade was discovered and safely detonated by the National Police bomb squad following a fatal explosion in Biak Numfor, Papua. The incident, believed to involve a World War II-era bomb, has resulted in five deaths and left numerous residents displaced and injured. Local authorities are currently conducting clearance operations and providing temporary shelter for the affected families.

Cunca Wulang Tragedy: West Manggarai Tourism Head Questioned by Anti-Corruption Unit

The Head of the West Manggarai Tourism, Creative Economy, and Culture Office is being investigated by the anti-corruption unit following a fatal bridge collapse at Cunca Wulang Waterfall. The investigation aims to scrutinise the governance and budget management of the tourist destination after the incident claimed the lives of two Austrian tourists.

DPR Commission IX Member Criticises BGN Head's Proposal to Extend Free Nutritious Meal Programme to Saudi Arabia

A member of the Indonesian Parliament's Commission IX has criticised the National Nutrition Agency's (BGN) proposal to implement the Free Nutritious Meal (MBG) programme in Jeddah, Saudi Arabia. The lawmaker urged the agency to prioritise domestic needs and ensure the programme's effectiveness in reducing stunting within Indonesia before expanding internationally.