Indonesian Political, Business & Finance News

Archive: 2 June 2026

Showing 1,351-1,400 of 1,852 articles

A New Break for Matcha Lovers

Floé Flowers, a premium Jakarta florist with a 27-year history, has expanded into the food and beverage sector with the launch of Kiri Matcha. Located in Plaza Senayan, the new cafe offers a unique floral-themed matcha experience designed to provide a tranquil escape from urban life.

Stunting prevention must occur within the first thousand days, not after

The article emphasises that preventing stunting requires nutritional intervention during the critical window from conception to two years of age. It highlights that stunting is not merely a matter of physical height but a long-term failure in brain development and cognitive function caused by chronic malnutrition.

Information Systems Major Increasingly Popular: Here is What Students Learn

The Information Systems major is seeing a surge in interest among young people due to its unique blend of information technology and business management. As digital transformation accelerates, there is a growing demand for professionals who can bridge the gap between technical solutions and organisational business needs.

Igniting the Thoughts of Buya Syafii Maarif Through Performing Arts

A musical-narrative performance held at the Indonesian Institute of the Arts (ISI) Padang Panjang honours the intellectual legacy of the late Indonesian scholar Buya Syafii Maarif. The event utilised traditional Minangkabau arts to reflect on Maarif's teachings regarding morality, education, and national values.

Single-Window Export System for Three Natural Resources Implemented, Business Owners Speak Out

The Indonesian government has officially introduced a single-window export mechanism for coal, palm oil, and ferroalloys through PT Danantara Sumberdaya Indonesia. While major industry associations support the move to increase transparency and prevent under-invoicing, they have called for a phased implementation and legal certainty to protect existing international contracts.

522 Fire Victims in Kemayoran Evacuated to Land Owned by Jusuf Hamka

Hundreds of residents affected by a major fire in Kemayoran, Central Jakarta, have been relocated to a site owned by prominent businessman Jusuf Hamka. The local government has formally requested the use of this land to provide temporary shelter for the displaced families.

Rupiah remains shadowed by geopolitical uncertainty and domestic pressure

The Indonesian Rupiah faced downward pressure during Tuesday morning trading due to escalating geopolitical tensions between Iran and the US. Analysts suggest that the potential closure of the Strait of Hormuz and domestic fiscal concerns are driving investors towards the US Dollar as a safe-haven asset.

Prabowo's diplomacy delivers results, cabinet secretary says

Cabinet Secretary Teddy Indra Wijaya has defended President Prabowo's international visits, highlighting significant achievements such as joining BRICS and securing zero percent tariffs for exports to 25 European nations. The administration also reported substantial investment inflows, including US$32.1 billion in commitments from Japan and South Korea, alongside strengthened defence and humanitarian cooperation.

Habiburokhman: Dino Patti Djalal's Criticism of Prabowo is Unethical

Gerindra Party Deputy Chairman Habiburokhman has criticised former Deputy Foreign Minister Dino Patti Djalal for his remarks regarding President Prabowo Subianto's frequent overseas visits. Habiburokhman argued that the criticism is unconstructive and lacks ethical consideration, while Djalal suggested reducing travel frequency to manage state costs.

KPK Summons Maktour Boss Fuad Again Regarding Hajj Corruption Case

The Corruption Eradication Commission (KPK) has scheduled a follow-up interrogation of PT Maktour's President Director, FHM, concerning alleged corruption in the 2023-2024 Hajj quotas. The investigation involves high-ranking officials and alleges state losses amounting to Rp 622 billion.

Pre-trial Ruling: Judge Orders Police to Investigate Andrie Yunus Case

A South Jakarta District Court judge has partially granted a pre-trial motion filed by the Advocacy Team for Democracy (TAUD) regarding the acid attack on KontraS activist Andrie Yunus. The ruling mandates the Metro Jaya Regional Police to continue the legal investigation into the incident.

Expert: Increasing Police Retirement Age Must Not Create Career Obstacles

Legal expert Tedi Sudrajat has warned that proposed revisions to the Indonesian National Police (Polri) Law regarding extended retirement ages must not lead to career bottlenecks. He emphasised the need for a balanced approach that ensures effective regeneration and maintains clear career progression across all ranks.

Nadiem's Style During Chromebook Case Plea Hearing: Wearing Mulyono's Gojek Jacket

Former Minister of Education Nadiem Makarim attended the plea hearing regarding the Chromebook procurement corruption case at the Central Jakarta Corruption Court. The former minister, who faces a potential 18-year prison sentence, asserted that the prosecution's allegations lack strong evidentiary basis.

Video: Reasons Why Palm Oil Farmers and Entrepreneurs Support State-Owned Enterprise for Commodity Exports

President Prabowo has announced the formation of a specialised State-Owned Enterprise (SOE) to manage the export of strategic commodities including coal, CPO, and ferroalloy. Industry leaders believe this move will help combat under-invoicing and transfer pricing while strengthening Indonesia's foreign exchange reserves.

Sjafrie Welcomes Arrival of Qatari Defence Minister Sheikh Saoud

Indonesian Defence Minister Sjafrie Sjamsoeddin hosted the Qatari Defence Minister and Deputy Prime Minister, Sheikh Saoud bin Abdurrahman bin Hassan bin Ali Al Thani, in Jakarta. The visit included a formal military inspection and high-level bilateral discussions at the Ministry of Defence office.

BPOM provides flexibility in raw material procurement to tackle rising drug prices

The Indonesian Food and Drug Authority (BPOM) has introduced measures to ease packaging changes and raw material procurement to mitigate rising medicine costs. These steps aim to stabilise pharmaceutical prices amidst the weakening Rupiah against the US Dollar.

GOTO Hits Lower Price Limit and NCKL Drops Following FTSE Russell Removal

Global index provider FTSE Russell has removed several Indonesian stocks from its Global Equity Index Series (GEIS) due to listing status and surveillance issues. The announcement triggered significant volatility, with GOTO hitting its lower price limit and NCKL experiencing a notable decline.

Computers to Undergo Total Transformation by Late 2026, Here is Why

Nvidia has announced a major breakthrough in the personal computing industry with the introduction of the RTX Spark (N1X) superchip, developed in collaboration with Microsoft. This new Arm-based processor aims to redefine the PC landscape by integrating advanced AI capabilities directly into hardware, challenging the long-standing dominance of Intel and AMD.

Bintan Regency Prepares Home Care Services for Returning Hajj Pilgrims

The Bintan Regency Government in Riau Islands has launched a three-week home care initiative to monitor the health of pilgrims returning from the Hajj pilgrimage. The programme aims to assist pilgrims in adjusting to the local climate and managing potential health issues such as fever.

Pre-trial Motion by KontraS Activist Andrie Yunus Partially Granted, Judge Orders Police to Proceed with Case

The South Jakarta District Court has partially granted a pre-trial motion filed by KontraS activist Andrie Yunus regarding an alleged acid attack. The presiding judge has ordered the Metro Jaya Regional Police to continue the legal process concerning the reported incident.

APEC Suzhou Moment: A Symphony of Economic Consensus and the Poetic Charm of Jiangnan

The 32nd APEC Ministerial Meeting on Trade and Economic Cooperation was held in Suzhou, China, highlighting the city's dual identity as an industrial powerhouse and a cultural hub. The event showcased the integration of traditional Chinese heritage with modern economic vitality, attracting international delegates including representatives from Thailand and Indonesia.

Rising Food and Beverage Prices Drive 0.28% Inflation in May 2026

Indonesia's monthly inflation rate rose to 0.28% in May 2026, driven primarily by price hikes in food, beverages, and tobacco. Key commodities such as red chillies, cooking oil, and shallots were the main contributors to the inflationary pressure.

KPK Summons Maktour Boss as Witness in Hajj Quota Corruption Case Under Former Minister Yaqut

The Corruption Eradication Commission (KPK) has summoned the President Director of PT Maktour Travel to provide testimony regarding alleged corruption in the 2023-2024 Hajj quota distribution. The investigation focuses on irregularities in the allocation of additional special Hajj quotas and suspected bribes involving high-ranking officials.

Dear Parents: Prioritise Universities That Prepare Children for Digital Careers

A shift in parental preference is emerging in higher education, with a growing focus on industry-aligned curricula over institutional status. Institutions like Cyber University are responding by integrating digital business, AI, and professional internship programmes to ensure graduates are career-ready for the digital economy.

Dividend Cum-Date Schedule for Issuers This Week: Dozens of Stocks Involved

The Indonesian capital market is set for increased volatility this week as numerous companies enter their dividend cum-date periods. Investors are closely monitoring high-yield stocks across various sectors, including infrastructure, energy, and consumer goods, to capitalise on profit distributions.

Central Lombok Regency Auctions Dozens of Used Official Vehicles

The Central Lombok Regency Government has initiated an auction of dozens of decommissioned official vehicles to optimise regional asset management and boost local revenue. The auction, conducted via the Mataram State Assets and Auction Service Office, includes motorcycles and scrap vehicle packages.

Driving Too Slowly on Motorways Can Also Be Dangerous

Driving below the minimum speed limit on motorways poses significant risks to road safety and traffic flow. Experts warn that significant speed differentials between vehicles can lead to sudden manoeuvres and potential accidents.

Responding to Sugarcane Farmers' Demands, Bulog Proposes Management Change at Blora Sugar Mill

Perum Bulog has proposed a management overhaul for its subsidiary, PT Gendhis Multi Manis (GMM), in Blora, Central Java, following protests from local sugarcane farmers. The move aims to address operational stagnation and includes plans to replace machinery to revitalise sugar production in the region.

Indonesian Defence Minister Receives Courtesy Visit from Qatari Defence Minister

Indonesian Defence Minister Sjafrie Sjamsoeddin hosted Qatari Defence Minister and Deputy Prime Minister, Sheikh Saoud bin Abdurrahman bin Hassan bin Ali Al Thani, in Jakarta. The meeting focused on discussing global conflicts and exploring potential cooperation in the defence sector.

Nadiem Delivers Plea, Legal Team Prepares 1,400-Page Defence

Former Minister of Education, Nadiem Makarim, has presented his defence statement in the Jakarta Corruption Court regarding alleged corruption in Chromebook procurement. Despite recovering from his fifth surgery, Nadiem personally delivered his plea, while his legal team prepared a massive 1,400-page defence document.

Hormuz, Oman, and the Struggle for a Permanent Middle East Order

The article examines the geopolitical tensions surrounding the Strait of Hormuz, specifically focusing on US threats against Oman following reports of joint management talks between Iran and Oman. It highlights the potential impact on global energy markets and the shifting power dynamics in the Middle East as regional players seek to establish a new permanent order independent of Washington.

Indonesia's Inflation Reaches 0.28% in May 2026

Indonesia's monthly inflation rate rose to 0.28% in May 2026, marking an increase from the 0.13% recorded in April. The transport sector was identified as the primary driver of this inflationary pressure.

Judge Grants TAUD Lawsuit Regarding Andrie Yunus Acid Attack Case

A South Jakarta District Court judge has ruled that the TAUD organisation has the legal standing to pursue a pretrial motion regarding the acid attack on Andrie Yunus. The court has ordered the Metro Jaya Regional Police to proceed with the investigation into the incident.

Gold Prices Today, 2 June 2026: Antam Drops, Global Products Vary

Gold prices from PT Aneka Tambang Tbk (Antam) have declined by Rp 25,000 per gram to reach Rp 2,774,000 per gram. Meanwhile, international spot gold prices remain stable at US$4,484.49 per ounce amidst geopolitical tensions and US interest rate uncertainties.

Ride-Hailing Driver Assaulted by Colleague During Electric Vehicle Battery Swap in South Jakarta

An incident involving the physical assault of an online motorcycle taxi driver by a fellow driver has gone viral on social media. The altercation reportedly began over a dispute regarding the operating hours of an electric vehicle battery swap station in South Jakarta.

Electric Motorcycle Rider Assaulted in South Jakarta While Attempting Battery Swap

An incident involving the physical assault of an electric motorcycle rider during a battery swap attempt has gone viral on social media. The altercation reportedly began due to a dispute over the operating hours of a swap station being obstructed by an individual sleeping nearby.

Industrial Estate Holding Urged to Become National Logistics Hub

Experts suggest that the newly formed Indonesian Industrial Estate Holding must integrate logistics and transport systems to boost national competitiveness. The consolidation of state-owned industrial estates should focus on strengthening supply chain connectivity, including warehousing, multimodal transport, and digitalisation.

The Early History of Plastic: Once a Saviour of Elephants, Now Skyrocketing in Price in Indonesia

The article explores the historical evolution of plastic, from its origins as an eco-friendly alternative to ivory and tortoiseshell to its current status as a petroleum-based commodity. It highlights how global supply chain disruptions in the oil industry are now driving a significant price surge in the Indonesian plastic market.

Gorontalo Named Best Province for Inflation Control in Sulawesi

Gorontalo province has received top honours for its excellence in inflation control at the 2026 Regional Sulawesi Local Government Achievement Awards. The award recognises the province's success in maintaining price stability and public purchasing power through effective regional programmes.

FJI Prepares Counter-Report Following Dissolution of GMS Worship Service

The Forum Jihad Islam (FJI) in Yogyakarta is preparing to file a counter-report to the police, alleging data manipulation by the Gereja Misi Sejahtera (GMS) following a recent disruption of their worship service. Meanwhile, the regional police have officially upgraded the investigation into the incident to the investigation stage.

Bulog Proposes Management Overhaul at PT GMM to Support Sugarcane Farmers

Perum Bulog has proposed a new management structure for PT Gendhis Multi Manis (GMM) to improve operational efficiency and restore farmer confidence. The move aims to ensure the sugar mill can effectively absorb sugarcane harvests from farmers in Blora, Central Java.

As Hajj Season Nears its End, Hajj Task Force Strengthens Pilgrim Protection

The Indonesian Hajj Task Force is intensifying coordination with Saudi Arabian authorities to enhance the protection of Indonesian pilgrims. This includes strengthening security cooperation and leveraging technology to prevent fraud and ensure the safety of pilgrims during their journey.

Nadiem Makarim Wears Ride-Hailing Jacket During Chromebook Case Plea Hearing

Former Minister of Education Nadiem Makarim appeared in court wearing an online motorcycle taxi (ojol) jacket during his plea hearing regarding alleged corruption in Chromebook procurement. The case involves allegations of state losses amounting to IDR 2.18 trillion during his tenure from 2019 to 2022.

Suzuki Launches Toyota Voxy Twin with Hybrid Engine

Suzuki has introduced an updated version of the Suzuki Landy in Japan, featuring a more sporty exterior and a new hybrid-only powertrain. The MPV, which shares its platform with the Toyota Voxy, now offers an eight-passenger configuration and enhanced interior materials.

Immigration Prepares Corridor Gates in Jakarta and Surabaya to Prevent Hajj Pilgrims from Queuing

The Directorate General of Immigration is implementing 'corridor gate' services at Soekarno-Hatta International Airport and Sukolilo Hajj Dormitory to expedite the return of Indonesian Hajj pilgrims. This initiative aims to bypass conventional immigration checks by pre-verifying arrival data, ensuring a smoother and faster process for pilgrims returning to their families.

Street Light Cable Thief Caught Red-Handed in Jatinegara, East Jakarta

A thief attempting to steal public street lighting (PJU) cables was apprehended during midday in Jatinegara, East Jakarta. The incident was discovered by a maintenance vendor while attempting to repair malfunctioning lights, leading to the perpetrator's arrest and report to the local police.

New Threat! Prices in Indonesia and Neighbouring Countries Predicted to Rise

AMRO forecasts an increase in inflation for the ASEAN+3 region, with projections rising to 1.8% by 2026 due to prolonged conflict in the Middle East. The economic outlook warns that rising energy and transport costs could significantly burden regional growth if supply chain disruptions persist.

Global Economic Uncertainty Rises as Oil Prices Surge Amid Iran-US Tensions

Global markets are facing heightened volatility following a sharp spike in crude oil prices driven by geopolitical tensions between Iran and the United States. The surge in energy costs is impacting bond yields and international stock indices, raising concerns over potential global economic instability.

Trump Calls Iran Negotiations 'Boring', Oil Prices Surge Immediately

Global oil prices surged by up to 5% following comments from US President Donald Trump expressing indifference towards ongoing negotiations with Iran. The market reaction reflects heightened fears regarding potential energy supply disruptions in the Middle East.

AHY Appointed Chairman of Jakarta-Bandung High-Speed Railway Committee; Key Responsibilities Outlined

President Prabowo Subianto has appointed Coordinating Minister for Infrastructure and Regional Development, Agus Harimurti Yudhoyono (AHY), as the Chairman of the Jakarta-Bandung High-Speed Railway Committee. The committee is tasked with managing cost overruns and determining government support measures for the project's joint venture obligations.