Indonesian Political, Business & Finance News

Archive: 2 June 2026

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Repairs Delayed: Lenteng Agung Main Road Partially Reopened

The Jakarta Provincial Transport Agency has partially reopened the Lenteng Agung main road following emergency repairs to a subsided section of the road. Although the reopening was delayed from the original schedule, the lane adjacent to the railway tracks is now accessible to motorists.

Prabowo Criticised for Frequent Overseas Trips; Teddy: Indonesia is Reaping the Benefits of Good Relations Amid Global Turmoil

The Presidential Palace has defended President Prabowo Subianto's frequent international visits, asserting they are strategic diplomatic investments rather than mere ceremonial duties. Cabinet Secretary Teddy Indra Wijaya emphasised that building personal rapport with world leaders is essential for navigating current global geopolitical tensions.

CW Coffee Launches 'Productive Allowance' Menu Series and Expands Outlet Network

Local coffee chain CW Coffee has introduced a new menu series titled 'Tunjangan Produktif' to provide affordable beverage options amidst rising raw material costs. Alongside the new menu, the company has launched the CW Club membership application and announced plans to expand its presence with a new outlet in Cicalimbka, West Java.

Bali Regional Police Food Task Force Monitors Basic Commodity Prices Ahead of Galungan and Kuningan

The Bali Regional Police Food Task Force has conducted inspections at Kreneng Market in Denpasar to ensure the stability of essential commodity prices and supply. The monitoring aims to prevent price surges and stock shortages during the upcoming Galungan and Kuningan religious holidays.

Building a Zero-Carbon Future | LiuGong Hosts Sixth Global Customer Day in Liuzhou

LiuGong hosted its sixth Global Customer Day in Liuzhou, showcasing over 150 heavy machinery units, half of which are powered by new energy. The event highlighted the launch of the company's Zero-Carbon Intelligent Mining Solution and celebrated the delivery of its 600,000th wheel loader unit.

Police Investigate Incident in Tangerang After Neighbour Viral for Spraying Water at People Heading to Prayer

Police in Tangerang are investigating a series of incidents where a resident allegedly sprayed water onto passers-by, including those heading to the mosque for prayer. The incident, which has gained significant attention on social media, reportedly involves the use of contaminated water and has caused ongoing tension within the local community.

Teddy Outlines Rebuttal to Dino Patti's Criticism Regarding President Prabowo's Foreign Visits

The Cabinet Secretariat has issued a formal response to criticisms raised by Dino Patti Djalal concerning President Prabowo Subianto's international working visits. The rebuttal highlights significant cost-saving measures, reduced delegation sizes, and substantial diplomatic achievements, including Indonesia's progress within BRICS and trade agreements with the EU.

Ministry of Religious Affairs Suspects 900 Prospective Umrah Pilgrims Failed to Depart via Hanania

The Indonesian Ministry of Religious Affairs has reported that approximately 900 prospective Umrah pilgrims have failed to depart due to issues involving travel agency PT Khazanah Tama Internasional, known as Hanania. Despite a mediation agreement for full refunds, the agency has failed to meet its initial repayment obligations.

South Jakarta District Court Partially Grants Andrie Yunus's Pre-trial Motion

The South Jakarta District Court has partially granted a pre-trial motion filed by KontraS activist Andrie Yunus regarding an alleged acid attack. The court ruled that the applicant has the legal standing to pursue the case and ordered the police to continue the legal process.

Announcement! Indonesia's Export Reference Prices and Gold Reference Prices for June 2026

The Indonesian Ministry of Trade has announced a decrease in the Export Reference Price (HPE) and Reference Price (HR) for gold for the first period of June 20t6. This downward trend is attributed to the strengthening of the US dollar and a shift in global investor preference towards yield-bearing financial instruments.

Responding to Dino Patti Djalal, Teddy States Prabowo's Overseas Delegations Reduced by 50 Per Cent: Previously 120 People

Cabinet Secretary Lt Col Teddy Indra Wijaya has clarified that President Prabowo Subianto's overseas delegations have been significantly reduced to ensure cost-efficiency. The size of the accompanying group has been cut from over 120 people in previous administrations to a maximum of 60 people.

2026 Outstanding Regional Government Awards: Sigi, Polewali Mandar, and Takalar Excel in Inflation Control

The Indonesian Ministry of Home Affairs has recognised Sigi Regency, Polewali Mandar, and Takalar for their excellence in managing inflation. The awards, presented during the 2026 Regional Government Awards in Sulawesi, highlight successful initiatives in maintaining price stability and public purchasing power.

Leaked: Donald Trump Berates Netanyahu, Pressuring Ceasefire in Lebanon

Reports suggest a significant diplomatic rift between US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu following military escalations in Lebanon. Trump reportedly criticised Netanyahu's aggressive tactics, fearing they would jeopardise ongoing peace negotiations with Iran.

Five Suggestions from Dino Patti Djalal Regarding Prabowo's Foreign Trips Met with Response from Cabinet Secretary Teddy

Former Deputy Foreign Minister Dino Patti Djalal has proposed five strategies to reduce the costs and increase the efficiency of President Prabowo Subianto's international visits. Cabinet Secretary Teddy Indra Wijaya responded to the suggestions, clarifying that any excess costs incurred during the President's overseas trips are covered by his personal funds.

Presidential Visits and Global Diplomacy

The article reflects on the diplomatic legacy of former Indonesian President Abdurrahman Wahid, examining the strategic necessity of international travel during Indonesia's democratic transition. It further contextualises these movements within a global trend of increasing leader mobility as a tool for economic and geopolitical engagement.

Philippines sees surge in EV demand as high fuel prices drive shift

Electric vehicle sales in the Philippines surged by 36 per cent in the first quarter of 2026, driven by soaring petrol prices. Despite this growth, the industry faces significant challenges including supply bottlenecks and an inadequate national charging infrastructure.

Pentagon holds startup contest, selecting suppliers for 300,000 attack drones

The Pentagon is launching an 18-month competition to select suppliers for 300,000 small attack drones, with contracts valued at $1.1 billion. The initiative aims to identify three to five primary suppliers capable of providing low-cost, single-use drone systems for large-scale military use.

Gold Mine in Indonesia Begins 3,600-Metre Drilling, Potential of 7 Million Ounces

PT Merdeka Gold Resources Tbk has launched a deep diamond drilling programme at the Pani Gold Mine in Gorontalo, targeting depths of 3,600 metres. The exploration aims to expand the existing mineral resource, which is currently estimated at approximately 7 million ounces of gold.

Rupiah Weakens, Banks Set US Dollar Selling Rate at Up to Rp 18,010

The Indonesian rupiah has experienced a decline against the US dollar, prompting several national banks to raise their selling rates to Rp 18,010. Analysts suggest that despite positive sentiments from export revenue regulations, the currency remains under pressure due to a strengthening US dollar and global geopolitical uncertainties.

Experts Warn Police Bill Must Limit Discretion Rather Than Just Expand Authority

A criminal law expert has urged that the revision of the Indonesian National Police Law must establish clear parameters for discretionary powers to prevent potential abuse. The expert emphasised that the bill should focus on strengthening oversight mechanisms and protecting human rights during police operations.

Hyland and AWS Bring Content-Based Agentic Enterprise to Asia Pacific Without Moving Customer Data

Hyland and Amazon Web Services (AWS) have announced the expansion of the AI-based Content Innovation Cloud into the Asia Pacific region. This initiative allows highly regulated industries to leverage advanced AI capabilities while maintaining local data sovereignty and residency.

Prabowo's Overseas Visits Are Not Just for Show, Says Teddy

Cabinet Secretary Teddy Indra Wijaya has defended President Prabowo Subianto's frequent international trips, asserting they have yielded significant diplomatic and economic results. Key achievements cited include Indonesia's accession to BRICS, the conclusion of a long-awaited trade agreement with the European Union, and substantial new investment commitments from Japan and South Korea.

Founder of Cockroach Janata Party to Hold Protest Against Indian Education Minister

Abhijeet Deepke, the founder of the satirical Cockroach Janata Party (CJP), plans to lead a peaceful protest in New Delhi demanding the resignation of India's Education Minister. The movement gained significant traction on social media following controversies surrounding national university entrance exams and widespread paper leaks.

UI as an Impactful Campus and the Future of Higher Education in Indonesia

Universitas Indonesia (UI) has reaffirmed its commitment to being an 'Impactful Campus' by focusing on research-driven community engagement and social solutions. The university reported significant growth in its community outreach programmes and achieved a prestigious global ranking within the top 200 of the QS World University Rankings 2026.

West Jakarta Mayor Rejects 'Gotham City' Label

The Mayor of West Jakarta has dismissed the internet-driven nickname 'Gotham City', asserting that crime rates in the district are not higher than other areas. To maintain public safety, the local government is enhancing surveillance through increased CCTV installations and strengthening community-based early warning systems.

One Global Capital to Host 2026 World Roadshow, Highlighting Australian Property Investment Opportunities

One Global Capital has announced its 2026 World Roadshow, an educational and networking series aimed at Indonesian investors interested in the Australian property market. The event will feature industry veteran Iwan Sunito and focuses on international asset diversification, global mobility, and economic stability.

Qatari Deputy PM and Defence Minister Visits Indonesian Ministry of Defence

The Deputy Prime Minister and Minister of Defence of Qatar, Sheikh Saoud bin Abdulrahman bin Hassan bin Ali Al Thani, conducted an official visit to the Indonesian Ministry of Defence in Jakarta. The visit included a formal welcoming ceremony and a military troop inspection.

Nadiem wears ride-hailing jacket during plea hearing in Chromebook case

Former Minister of Education Nadiem Anwar Makarim appeared at the Central Jakarta District Court to present his defence regarding alleged corruption in the Chromebook procurement programme. The former minister faces significant prison time and massive restitution claims involving the digitalisation of education between 2019 and 2022.

Moments of the Fire in Dense Residential Area of Kemayoran, Jakarta

A massive fire destroyed hundreds of semi-permanent structures in a densely populated area of Kemayoran, Central Jakarta. The blaze, suspected to have been caused by an electrical short circuit, took seven hours to extinguish and resulted in three injuries.

Nadiem Makarim Moved by Support from Online Taxi Drivers During Plea Hearing

Former Minister of Education Nadiem Makarim presented his defence in the corruption trial involving the procurement of educational laptops. The former tech entrepreneur expressed deep emotion as hundreds of online taxi drivers gathered at the Jakarta Central District Court to show their solidarity.

Trump Pressures Israel-Hezbollah Ceasefire to Save Iran Dialogue

US President Donald Trump is actively mediating a ceasefire between Israel and Hezbollah to prevent the collapse of ongoing peace negotiations with Iran. The diplomatic push aims to stabilise the region and secure a memorandum of understanding regarding the Strait of Hormuz blockade and sanctions relaxation.

Ministry of Home Affairs Awards Rp 6 Billion to Three Cities for Successful Inflation Control

The Indonesian Ministry of Home Affairs has recognised Bitung, Palopo, and Palu for their excellence in maintaining regional inflation stability. The awardees will receive a total of Rp 6 billion in fiscal incentives to support their continued economic management efforts.

Electric Vehicle Charging Does Not Always Need to be Full: Calculating Power Requirements

Experts suggest that electric vehicle owners should move away from the habit of always charging to 100% capacity. Instead, charging should be tailored to the specific distance of the upcoming journey to improve efficiency and time management.

Without China, Can North Korea's Economy Survive?

An analysis of North Korea's highly centralised and isolated economy, highlighting its extreme dependence on China for trade and essential resources. The report also explores the regime's alternative revenue streams, including shadow economies, cybercrime, and arms supplies to Russia.

Beware of New Child Kidnapping Scams: Do Not Fall Victim

Cybersecurity experts are warning of a rising trend in sophisticated scams using AI-driven voice cloning to impersonate kidnapped children or victims of accidents. These fraudsters use social media audio to create convincing clones, aiming to extort money from panicked parents through social engineering.

Trump Anticipates Iran Ceasefire Agreement Reached Next Week

US President Donald Trump has expressed optimism that a deal with Iran to extend a ceasefire and reopen the Strait of Hormuz could be finalised by next week. The President noted that while recent tensions escalated due to Israeli strikes in Lebanon, diplomatic efforts are underway to stabilise the region.

Turkey Condemns Expansion of Israeli Occupation in Lebanon

The Turkish Foreign Ministry has issued a strong condemnation of Israel's expanding military presence in Lebanon, warning that such actions threaten regional stability. Ankara has called upon the international community to intervene and halt what it describes as aggressive expansionist policies.

Lebanon Attacks: Could Israel's Trap Force Iran Back into War?

Tensions in Lebanon have escalated significantly following Israeli military strikes in South Beirut, threatening to reignite a broader conflict with Iran. The situation has prompted Tehran to suspend negotiations with the United States and consider activating all fronts of resistance.

FTSE Russell Removes Four Indonesian Stocks; GOTO and NCKL Exit Global Index

FTSE Russell has removed four Indonesian companies from its global indices following the June 2026 review. The exclusion, which includes major players like GoTo and NCKL, is due to their listing status on the Indonesia Stock Exchange's Development Board.

Police Arrest Creator of AI-Generated 'Pocong' Images in Palembang

Police in Palembang have apprehended a 24-year-old entrepreneur for creating and spreading AI-generated images of a 'pocong' (a traditional shroud ghost) that caused widespread panic. The incident highlights the growing threat of AI-driven hoaxes and their ability to trigger public unrest through social media.

Debate Over 67,800-Year-Old Sulawesi Cave Painting: Criticised by France, Defended by Global Archaeologists

An international scientific debate has emerged regarding the authenticity of the world's oldest prehistoric cave painting found in Sulawesi, Indonesia. While a French researcher has questioned the accuracy of the Uranium-Thorium dating method, leading archaeologists defend the findings using advanced laser ablation technology.

Habiburokhman Claims Dino Patti Djalal's Criticism of Prabowo is Tendentious and 'Blind'

Gerindra Party Deputy Chairman Habiburokhman has criticised former Deputy Foreign Minister Dino Patti Djalal for his recent remarks regarding President Prabowo Subianto's overseas visits. Habiburokhman argued that the criticisms lack accuracy and serve as unproductive political attacks rather than constructive feedback.

Rp 13 Million Per Month to Rent a Birkin Bag: Why Do People Do It?

The luxury handbag rental market is expanding as consumers shift from ownership to access-based consumption. Platforms like Vivrelle are offering high-end Hermès models for monthly fees, providing a way for fashion enthusiasts to bypass the difficult purchasing processes associated with these exclusive items.

Deputy Minister of Home Affairs Bima Arya Applauds Solidarity and Innovation of Jambi Local Government

Deputy Minister of Home Affairs Bima Arya Sugiarto has praised the strong leadership cohesion and various regional innovations within Jambi Province. He highlighted the importance of harmonious relations between local leaders and urged that such innovations be measured by tangible impacts on poverty reduction and economic growth.

Southeast Sulawesi Secures Second Best Award for Creative Financing at 2026 Regional Achievement Awards

The Ministry of Home Affairs has recognised Southeast Sulawesi with the second-best award in the Creative Financing category for the Sulawesi region. The award recognises the province's ability to optimise regional resources and innovate development funding through effective financial management.

Is Indonesia Serious About Initiating Spatial Planning Reforms?

The Ministry of Agrarian Affairs and Spatial Planning is accelerating the completion of spatial plans across Indonesia following directives from President Prabowo. The initiative aims to address recurring natural disasters by ensuring that spatial planning documents serve as strategic blueprints rather than mere administrative tools for licensing.

Iran Destroyed 20 US Military Facilities Since War Began

Satellite imagery analysis reveals that Iranian strikes have successfully targeted 20 US military facilities across eight Middle Eastern nations, causing significant damage to advanced defence systems. The destruction includes high-value assets such as THAAD missile launchers and reconnaissance aircraft, with repair costs potentially exceeding Pentagon estimates.

Nadiem Moved by Support from Online Taxi Drivers Ahead of Plea Statement Hearing

Former Minister of Education, Nadiem Makarim, expressed deep emotion following the arrival of online motorcycle taxi drivers to support him during his corruption trial. The prosecution has requested an 18-year prison sentence and significant fines against the former minister.

Learning from UAE's ADNOC and Ghana Cocoa Board: Where is the Fate of DSI Heading?

An analysis of PT Danantara Sumberdaya Indonesia's (DSI) plan to act as a single aggregator for strategic commodities like coal and CPO. The report compares the proposed model against the infrastructure-monopoly approach of ADNOC and the high-risk single-exporter model of the Ghana Cocoa Board.

The Aftermath of the Jiung Market Settlement Fire: Only Building Debris Remains

A devastating fire in the Kemayoran Gempol area, behind Jakarta's Jiung Market, has left residential buildings reduced to rubble and ash. Displaced residents are currently seeking refuge in temporary tents, with many calling for government assistance to recover from the loss of their homes and belongings.