Indonesian Political, Business & Finance News

Archive: 30 June 2026

Showing 501-550 of 1,554 articles

Judge Rules Google Was Intended Beneficiary in Nadiem's Chromebook Project

A Jakarta corruption court has found that Google was the intended beneficiary of a digital education procurement project under former minister Nadiem Makarim. The ruling cited strategic meetings and a correlation with Google's substantial investment in GoTo during Nadiem's tenure. Nadiem was sentenced to 10 years in prison and fined Rp 1 billion.

High Prosecutor's Office Investigates NTB Provincial Government's IDR 14 Billion Electric Car Rental

The West Nusa Tenggara High Prosecutor's Office is investigating an alleged corruption case involving the provincial government's IDR 14 billion electric vehicle rental scheme. The vehicles, comprising 72 units of JAECOO and BYD models, were intended for use as official cars across various regional apparatus organisations. The investigation was prompted by a public complaint and is currently in the evidence-gathering phase, with several witnesses already questioned.

Minister Amran Claims Downstreaming of Palm Oil and Other Commodities Could Yield Value Equivalent to 10 Years of State Budget

Agriculture Minister Amran Sulaiman has asserted that the downstream processing of strategic commodities, particularly palm oil, coconut, and gambier, could generate up to Rp35,000 trillion in economic value. He estimates this figure is equivalent to approximately 10 years of Indonesia's state budget (APBN). The minister highlighted that processing crude palm oil domestically could multiply its export value tenfold, while also noting the significant potential of coconut derivatives driven by shifting global consumption trends.

KSP Encourages Strengthening of Policy Advisory Ecosystem to Support Prabowo's Programmes

The Presidential Staff Office (KSP) is advocating for a stronger national policy advisory ecosystem to ensure the effective implementation of President Prabowo Subianto's priority programmes. KSP Chief Dudung Abdurachman stressed the need for synergy among experts, academics, and the private sector to bridge the gap between policy formulation and tangible public benefits. The initiative aims to produce data-driven, adaptive recommendations to support strategic projects such as free meals and village cooperatives.

PT PAL and Denmark strengthen bilateral ties through maritime technology collaboration

Indonesian state-owned shipbuilder PT PAL and Denmark are deepening their bilateral relationship through joint development and implementation of maritime technology. The partnership builds on historical cooperation, including the adaptation of Danish frigate designs for Indonesia's Merah Putih frigate programme. Denmark's ambassador recently visited PT PAL's facilities to explore further collaboration in the maritime and shipbuilding sectors.

BPK and Tanzania's NAOT Sign MoU on Public Sector Auditing

Indonesia's Audit Board (BPK) and Tanzania's National Audit Office (NAOT) have signed a memorandum of understanding to strengthen bilateral cooperation in public sector auditing. The agreement, signed in Dar es Salaam, aims to facilitate knowledge exchange and professional development between the two institutions. This partnership builds on growing ties since 2019 and aligns with BPK's upcoming leadership roles in international audit bodies.

German President Calls for UN Reform

German President Frank-Walter Steinmeier has warned that the rules-based international order is under unprecedented threat and has called for a renewed global commitment to cooperation and reform of the United Nations. Speaking at a conference in Hamburg, he criticised the rise of 'raw power politics' and the violation of international norms by powerful states. Steinmeier argued that withdrawing from multilateralism would be a fatal mistake, but stressed the UN must become more efficient and effective.

Grief, Prayer, and the Scent of Intolerance in a Depok Home

A family's mourning in Depok, West Java, turned to tension when local officials prevented a Catholic prayer service for the deceased. The incident, which sparked public outcry over religious intolerance, was later resolved through mediation, with the neighbourhood leader apologising and confirming the service could proceed.

Industry Ministry Stresses Strong Optimism Despite Manufacturing Challenges

Indonesia's Industry Ministry maintains that manufacturing confidence remains in expansionary territory, with the June 2026 Industrial Confidence Index (IKI) recorded at 52.90. Despite a slight dip from the previous month and mounting pressures from rising raw material costs, power outages, and weakening domestic demand, the sector shows resilience. The government is banking on export growth and major domestic programmes to sustain momentum.

BPH Migas Reveals Latest National Fuel Stock Data, Conditions Declared Safe

Indonesia's Downstream Oil and Gas Regulatory Agency (BPH Migas) has confirmed that national fuel stocks are in a safe condition. Gasoline reserves are sufficient for around 20 days, while non-subsidised fuel and avtur stocks are even more robust at 30 to 40 days. The agency continues to coordinate with Pertamina to ensure smooth supply and distribution across the country.

SMAN 1 Polewali to Represent West Sulawesi in National Four Pillars Quiz

SMAN 1 Polewali has won the West Sulawesi provincial round of the MPR RI Four Pillars Quiz Competition, securing a place in the national finals. The competition aims to instil a deep understanding of Pancasila, the 1945 Constitution, the Unitary State of the Republic of Indonesia, and Bhinneka Tunggal Ika among the younger generation. The winning team attributed their success to nine months of disciplined preparation.

Analyst Says Dasco's Move to Summon Economic Officials Deserves Appreciation

Political analyst Hendri Satrio has praised House Deputy Speaker Sufmi Dasco Ahmad for summoning top economic officials, calling it a proactive response to public anxiety. The move is seen as a concrete example of the DPR's oversight function beyond formal statements. Dasco recently convened the National Economic Council, Bank Indonesia, and key ministers to discuss growth and mitigation strategies.

Indonesia Eyes Waste-to-Energy Boom With Hundreds of Projects Still Untapped

Indonesia sees significant potential for expanding its waste-to-energy sector, with only 70 municipalities currently operating projects out of over 550 cities and regencies. The government is accelerating investment, including over $5 billion from sovereign wealth fund Danantara, to convert waste into fuels like pellets and diesel. This push aims to improve waste management, boost renewable energy, and create green jobs, starting with nine major cities.

Former Condongcatur Village Head Detained, What Is the Fate of the Village Land Tenants?

Former Condongcatur village head Reno Candra Sangaji has been detained over the illegal leasing of village treasury land in Gandok, Yogyakarta. The 1,900-square-metre plot was rented to 17 tenants who built permanent homes, with total payments exceeding Rp 1.3 billion. Authorities say the tenants' fate depends on the court's decision, while the state has suffered losses of Rp 1.74 billion.

Indonesia Stocks Fall 3% as Investors Await Key Economic Data

The Jakarta Composite Index tumbled over 3 per cent on Tuesday, driven by cautious investor sentiment ahead of crucial inflation and trade data releases. Concerns over corporate governance, sparked by a new regulation protecting bond purchasers of sovereign wealth fund Danantara, further dampened foreign investment appetite. The broad-based selloff saw all major sectors decline, with basic materials and energy stocks leading the losses.

OJK Approves Merger of Five Sumatran Rural Banks into BPR Mangatur Ganda

Indonesia's Financial Services Authority (OJK) has approved the consolidation of five rural banks (BPR) across Sumatra into PT BPR Mangatur Ganda. The merger expands the bank's operational footprint to five provinces and is projected to boost its total assets beyond IDR 400 billion. This move aligns with the OJK's roadmap to strengthen the BPR industry through consolidation, enhancing competitiveness and service to MSMEs.

Japan Revises Imperial Rules Amid Chrysanthemum Throne Succession Crisis

Japan's cabinet has approved a bill to revise imperial family rules to address the dwindling number of heirs, while maintaining the male-only succession line. The proposed changes would allow the family to adopt male descendants from former branches and permit princesses to retain their status after marriage. The conservative plan is expected to face opposition in parliament, despite strong public support for allowing a female emperor.

Nadiem Sentenced to 10 Years in Prison, Prosecutors Say Verdict Proves No Criminalisation

Former Education Minister Nadiem Makarim has been sentenced to 10 years in prison for corruption related to the procurement of Chromebooks and Chrome Device Management. Prosecutors stated the verdict confirms the case was a matter of pure law enforcement, not criminalisation of policy. The court also ordered Nadiem to pay a Rp 1 billion fine and Rp 809 billion in restitution.

Police Uncover Two New Crime Scenes Used by Taufik Hidayat to Hold YTR Captive

West Java Police have discovered two additional crime scenes in the Ciwaru area used by Taufik Hidayat to detain and abuse his victim, YTR. The findings emerged during a pre-reconstruction process aimed at strengthening the case, bringing the total number of identified locations to six. The suspect, a debt collector, reportedly acted out of jealousy and work-related stress.

At Siti Khadijah Market, Kelantan Feels Close to Indonesia

A visit to Kelantan, Malaysia, reveals a strong cultural affinity with Indonesia, particularly through its language, cuisine, and the warmth of its people. The Siti Khadijah Market in Kota Bharu serves as the vibrant heart of the community, where the dominance of female traders and the array of traditional Malay goods create a familiar atmosphere for Indonesian visitors. Direct flights from AirAsia have made this culturally rich state more accessible than ever.

OJK Targets Completion of IDX Demutualisation Rules Within Three Months

Indonesia's Financial Services Authority (OJK) aims to finalise regulations for the demutualisation of the Indonesia Stock Exchange (IDX) within three months. The new OJK regulation will transform the exchange's ownership structure, allowing non-member shareholders and setting limits on majority control. The move follows a legal mandate that transfers the authority to issue implementing rules directly to the OJK, bypassing the need for a government regulation.

Indonesian Academic Presents Scientific Ideas at 2026 European Youth Summit in Switzerland

Dr. Fatma Ulfatun Najicha, an academic from Universitas Sebelas Maret, represented Indonesia at the 2026 European Youth Summit in Geneva. She advocated for 'Ecological Justice' as a fundamental pillar for global policy-making, emphasising the need for international collaboration to address environmental crises. Her participation highlights Indonesia's commitment to contributing scientific and leadership perspectives to global governance discussions.

Volunteers: Vice President Gives Full Attention to Youth at Sulawesi Church Camp

Vice President Gibran Rakabuming Raka's visit to a youth camp organised by the Pantekosta Church in North Sulawesi has been hailed as a demonstration of the government's commitment to youth development. The visit, which engaged around 30,000 young participants, was praised by local volunteer groups as a tangible effort to support character building and spiritual growth alongside physical infrastructure. The Vice President also used the occasion to urge the younger generation to prepare for Indonesia's demographic bonus and to uphold national unity and tolerance.

The Allure of Labuan Bajo and the Long Road to Reforming Marine Tourism

Local tourism stakeholders in Labuan Bajo are demanding fair enforcement of maritime regulations, citing discriminatory implementation against small boat operators and weak oversight of pollution from larger vessels. The Forum Peduli Pariwisata Manggarai Barat has urged the government to overhaul the management of the marine tourism ecosystem to ensure sustainability. Authorities have responded by clarifying that no operational ban exists for small vessels, but all must meet strict safety standards, promising to use the feedback for future governance improvements.

MUI Chairman Urges Government to Firmly Reject LGBT Behaviour

The chairman of the Indonesian Ulema Council (MUI), Anwar Iskandar, has called on the government to stand firm against LGBT behaviour and resist Western influence. He argued that such practices contradict religious teachings, cause social deviation, and threaten human population sustainability. The MUI plans to consolidate with Islamic organisations and promote educational rehabilitation programmes.

GAKESLAB Jakarta Sukses Menyelenggarakan Sosialisasi Penerapan Klasifikasi Baku Lapangan Usaha Indonesia (KBLI) 2025

Gabungan Perusahaan Alat Kesehatan (GAKESLAB) Jakarta mengadakan sosialisasi mengenai penerapan KBLI 2025 pada Sistem OSS dan AHU, yang dihadiri lebih dari 80 perusahaan anggota. Kegiatan ini bertujuan menjembatani pelaku usaha dengan pemerintah agar dapat memahami dan mengimplementasikan perubahan regulasi perizinan berusaha dengan tepat. Acara ini menjadi bukti komitmen asosiasi dalam memberikan pendampingan teknis dan akan dilanjutkan ke wilayah Jakarta lainnya.

Net Profit Rises, Supported by Solid Intermediation

PT Bank KEB Hana Indonesia reported a net profit of Rp611 billion for 2025, a 17.63% year-on-year increase, exceeding its targets. The growth was driven by an 8.14% rise in lending, particularly in the corporate segment, and a well-managed increase in third-party funds. The bank also maintained strong asset quality with a gross non-performing loan ratio of 0.68%, significantly below the industry average.

Governor Iqbal to Improve Marine and Fisheries Data in NTB

West Nusa Tenggara Governor Lalu Muhamad Iqbal has pledged to overhaul the accuracy of marine and fisheries data in the province, citing frequent inaccuracies in records of vessels and fishermen. He stressed that valid data is essential for crafting evidence-based policy to ensure the sustainability of the region's two key fisheries management areas. The initiative calls for cross-sector collaboration involving government, non-governmental organisations, and academics to address the complexities of maritime data collection.

EU and China Set October Deadline to Resolve Trade Disputes

The European Union and China have agreed to an October deadline to make tangible progress in resolving their escalating trade disputes. Key issues include the EU's growing trade deficit, Chinese industrial subsidies, and market access barriers. The agreement comes amid mounting pressure on European industry, particularly the German automotive sector.

After 8 Years as a BRILink Agent, Nono Builds Business and Owns a Six-Room Boarding House

Nono Sutisno started his BRILink agency in Cikarang with just Rp 3 million in capital, initially to simplify sending money to his sibling. Over eight years, his monthly transactions grew to over 1,000, generating profits of up to Rp 15 million. The success of the business has allowed him to become the main provider for his family, fund his children's education, renovate his home, and build a six-room boarding house for local workers.

Polda Metro Jaya maps highest 3C crime areas in Jakarta for early 2026

The Greater Jakarta Metropolitan Police have identified West Jakarta, Tangerang City, and South Tangerang as the areas with the highest rates of violent theft, aggravated theft, and motor vehicle theft during the first half of 2026. Economic motives were cited as the primary driver behind the 2,216 cases uncovered, with a small fraction of perpetrators using the proceeds to purchase narcotics. The police operation resulted in the arrest of 2,054 suspects and the seizure of assets including cash, firearms, vehicles, and gold.

Former Police Chief Timur Pradopo Welcomes Rising Public Trust, Sends Message to National Police

Former Indonesian National Police chief Timur Pradopo has welcomed a Kompas Litbang survey showing public trust in the force has risen to 82.4 percent. He described the results as a positive achievement coinciding with the 80th Bhayangkara Day anniversary. Pradopo also urged all police personnel to remain close to the community and provide the best possible service.

UGM Pharmacy Professor Retno Sunarminingsih Passes Away

Professor Retno Sunarminingsih, a senior academic at Universitas Gadjah Mada's Faculty of Pharmacy, has died at the age of 74. The former vice-rector and wife of former Education Minister Bambang Sudibyo was laid to rest at the university's cemetery in Sawitsari. UGM Rector Ova Emilia paid tribute to her dedication and integrity as an educator.

Awkarin Returns IDR 10 Million Allowance in Hanania Travel Case

Social media influencer Awkarin has returned IDR 10 million in pocket money she received from Hanania Travel during a police examination. The funds are linked to an alleged fraud and embezzlement case involving umrah travel packages. The director of the company has been named a suspect and detained.

Bekasi Mayor Agrees to Accelerate Waste-to-Energy Plant Development

Bekasi Mayor Tri Adhianto Tjahyono has agreed on measures to expedite the pre-construction phase of the PSEL waste-to-energy project following technical discussions with China's Wangneng Environment. The local government will focus on land readiness, access roads, utilities, and permit acceleration to ensure the project remains on schedule. The initiative is seen as a strategic effort to provide a long-term waste management solution while promoting green economic growth in the city.

Tangerang City's RDF Technology Hailed as Environmental Breakthrough

The Ministry of Environment has praised Tangerang City for its innovative use of Refuse Derived Fuel (RDF) technology to process waste into alternative fuel. The city's success was highlighted at a national forum, with other municipalities like Surabaya expressing interest in conducting comparative studies. The ministry noted the significant potential for RDF to supply co-firing needs for power plants and cement factories, while urging the city to increase its volume of managed waste.

Specifications and Price of Changan Deepal S05, Available in BEV and REEV

Changan has introduced the Deepal S05 as the first SUV in Indonesia to offer both Battery Electric Vehicle (BEV) and Range Extended Electric Vehicle (REEV) powertrains. The REEV variant, which combines a 27.28 kWh battery with a 15-litre petrol engine as a generator, is the first of its kind officially launched in the Indonesian market. The vehicle features a futuristic crossover design, a 15.4-inch rotating touchscreen, and a combined range exceeding 1,100 kilometres for the REEV model.

Banking Sector Accelerates Sustainable Economic Transition

Indonesia's banking industry is playing a pivotal role in mobilising sustainable finance to boost business competitiveness and accelerate the shift to a low-carbon economy. The urgency was highlighted at the Maybank Indonesia Sustainable Finance Forum 2026, where stakeholders discussed the growing market demand for ESG-compliant products and the strategic need for green investment. Maybank Indonesia also introduced a new sharia-compliant green investment instrument as part of its commitment to channelling sustainable financing.

Why Changan Introduced REEV Technology to Indonesia, Not PHEV: An Explanation

Changan Indonesia has opted to launch its Deepal S05 with Range Extended Electric Vehicle (REEV) technology, judging it a better fit for the Indonesian market than Plug-in Hybrid Electric Vehicles (PHEVs). The company argues the REEV system offers a pure electric driving experience with a simpler, more cost-efficient construction, as the petrol engine acts solely as a generator. This approach is designed to appeal to consumers transitioning to electric vehicles while addressing concerns about the country's charging infrastructure.

Sanggar Suara Kanti Introduces Gianyar's Distinctive Angklung Kebyar at PKB 2026

Sanggar Suara Kanti showcased the distinctive Angklung Kebyar style of Gianyar during the 48th Bali Arts Festival (PKB) in Denpasar. The performance aimed to preserve regional identity while fostering artistic creativity, featuring 30 musicians and 13 dancers. The group hopes the festival appearance will encourage younger generations to sustain the tradition, which is seeing a decline in interest.

Minister Encourages Students to Use Cooperatives to Build Joint Ventures

Cooperatives Minister Ferry Juliantono has urged university students to utilise cooperatives as a platform for building joint businesses, highlighting their transformation into modern, digitally-adaptive entities. The call was made during an online literacy event involving 250 students from Padjadjaran University, where 49 young entrepreneurial teams also showcased innovative products. The government aims to integrate these products into the national 'Red and White' village cooperative network to help scale up student enterprises.

KJRI Johor Bahru Facilitates Repatriation of 3,034 Indonesian Citizens in Six Months

The Indonesian Consulate General in Johor Bahru has assisted in the repatriation of 3,034 Indonesian citizens and migrant workers during the first half of 2026. The effort, conducted in cooperation with Malaysian authorities under the 'Program M' scheme, aims to reduce overcrowding in immigration detention centres. The latest group of 148 returnees, including a child, was sent back to Batam via ferry from Pasir Gudang.

Sexual Harassment Victim Seeks Justice, Reports Legislator to Serang City DPRD Speaker

A woman from Pandeglang, Banten, has reported an alleged sexual harassment case involving a Serang City DPRD member to the council's speaker, seeking justice and a fair legal process. The victim claims the police investigation has stalled, while the DPRD speaker stated that administrative sanctions, including suspension, will be imposed if the suspect is formally named. The alleged incident reportedly occurred during discussions about kitchen rental costs for a free nutritious meal programme.

Polda Metro Seizes 1,825 Motorcycles and Rp 2 Billion from Thousands of Offenders

Polda Metro Jaya has seized assets including 1,825 motorcycles, 22 cars, and over Rp 2 billion in cash from 2,054 suspects involved in 5,436 cases of violent theft and vehicle theft in the first half of 2026. The majority of these crimes occurred between 10 p.m. and 5 a.m. in areas with reduced public activity and surveillance. Police have intensified night patrols and preventive measures in high-risk areas to combat the surge in criminal activity.

Threat of Teacher Shortage Looms, Lestari Moerdijat Calls for Comprehensive Measures

Indonesia faces a looming teacher shortage crisis, with current deficits exceeding 561,000 and projections indicating a rise to 900,000 by 2030 due to mass retirements. MPR Deputy Speaker Lestari Moerdijat has urged stakeholders to move beyond administrative fixes and implement an integrated, long-term national roadmap. She emphasised the need for fair recruitment, professional protection, improved welfare, and equitable redistribution of educators to safeguard the nation's future.

28 Years of Reformasi: Former Constitutional Court Chief Urges Rereading of the Revolutionary Path

A former chief of Indonesia's Constitutional Court has called for a critical reflection on 28 years of Reformasi, arguing that democracy must be an instrument for social justice rather than merely an electoral routine. Speaking at a PDI Perjuangan webinar in Belgium, Prof. Arief Hidayat stressed the need to 'reread the revolutionary path' to ensure democracy aligns with Pancasila values and constitutional mandates. The discussion concluded that the strength of Indonesian democracy hinges on the state's ability to deliver prosperity for its people.

US-Iran War Claims New Victim, Singapore Surrenders

Singapore has announced higher electricity and gas tariffs for the third quarter of 2026, driven by rising production costs linked to the US-Iran conflict in the Middle East. The Energy Market Authority warned that the situation remains uncertain, but a potential easing of tensions could lead to lower tariffs later in the year. Residents are being urged to adopt energy-saving measures to mitigate the impact on household bills.

Nadiem Makarim Claims He Cannot Afford Rp809 Billion in Restitution

Former Education Minister Nadiem Makarim has stated he lacks the funds to pay the Rp809 billion restitution ordered by a Jakarta corruption court. He argued that the sum, linked to a Chromebook procurement scandal, never entered his personal accounts. The court sentenced him to 10 years in prison, with the unpaid restitution effectively extending his incarceration to 15 years.

BPK Chair: Big Data and AI Key Factors in Audit Transformation

The head of Indonesia's Supreme Audit Agency (BPK) has emphasised that the synergy between big data and artificial intelligence is crucial for transforming public sector audits. Speaking at an international working group meeting in Kenya, she highlighted the need for AI not only to enhance audit processes but also to ensure accountability in the government's own use of AI. The BPK also reaffirmed its commitment to international cooperation by leading research on AI applications in public finance audits and strengthening bilateral ties with Kenya's audit office.

Vigilantism Reflects a State of Legal and Justice Emergency, Says Lawmaker

A senior Indonesian lawmaker has warned that the increasing prevalence of vigilante actions across the country signals a deep crisis of public trust in the legal system. Nasir Djamil of House Commission III attributed the trend to low legal awareness and a perception that formal law enforcement is slow and ineffective. He called for systematic institutional oversight and a 'mental revolution' to restore faith in the justice system, advocating for restorative justice approaches under the new Criminal Code.