Indonesian Political, Business & Finance News

Archive: 3 June 2026

Showing 451-500 of 1,696 articles

Attorney General's Office Raids Homes of Suspects in BGN Corruption Case

The Attorney General's Office has conducted raids on several locations, including the offices of the National Nutrition Agency (BGN) and the residences of key suspects. The investigation pertains to alleged corruption regarding the management of the Free Nutritious Meal (MBG) programme for the 2025-2026 period.

Bank BSN and SMF Explore Sharia Asset Securitisation to Boost Housing Finance

Bank BSN and PT Sarana Multigriya Finansial (SMF) have signed a memorandum of understanding to explore the securitisation of Sharia-based housing finance assets. This initiative aims to create new liquidity sources and support the government's '3 Million Houses Programme' by expanding the capacity for Sharia-compliant home financing.

Attorney General's Office: Free Nutritious Meal Budget Managed by Foundations Affiliated with Former BGN Head Dadan and Others

The Attorney General's Office has revealed that the budget for the Free Nutritious Meal (MBG) programme is being managed by foundations linked to the former Head of the National Nutrition Agency (BGN). Investigations suggest these foundations were improperly appointed through manipulated verification processes to misappropriate state funds.

Prudential Indonesia Records 44.4% Net Profit Growth Amidst High Medical Inflation

PT Prudential Life Assurance (Prudential Indonesia) reported a net profit of Rp 2.4 trillion for the 2025 fiscal year, marking a significant increase from the previous year. Despite facing challenges from rising medical inflation, which is projected to reach 17-18% in 2026, the company successfully managed its health claims growth to just 3% through enhanced supervision and AI integration.

Samsung Galaxy Z Fold 8 Ultra to Feature Increased 5,000mAh Battery Capacity

Reports suggest Samsung's upcoming Galaxy Z Fold 8 Ultra will feature a significantly larger 5,000mAh battery and faster 45W charging. This upgrade aims to address long-standing battery life concerns and narrow the gap with competitors in the foldable smartphone market.

Named Suspects: Dadan Hindayana and Others Charged with Corruption Causing State Losses

The Attorney General's Office has named Dadan Hindayana and several others as suspects in a corruption case involving procurement irregularities. The investigation focuses on alleged interventions in food programme procurement and price markups for various goods, resulting in significant state financial losses.

Israel Condemned by Indonesia and Seven Arab Nations Over Al-Aqsa Mosque Incidents

The Indonesian government, alongside seven Middle Eastern nations, has issued a joint condemnation of Israeli extremist settlers entering the Al-Aqsa Mosque complex. The statement highlights violations of international law and warns that such provocative actions threaten the historical status quo in East Jerusalem.

Former National Nutrition Agency Heads Dadan, Sony, and Lodewyk Seen Wearing Pink Vests

Investigators from the Attorney General's Office have detained the former Head of the National Nutrition Agency, Dadan Hindayana, along with two former deputies. The trio have been named suspects in a corruption investigation involving the management of the Free Nutritious Meal programme for the 2025-2026 period.

Attorney General's Office Names Three Former National Nutrition Agency Officials as Suspects in Free Nutritious Meal Corruption Case

The Attorney General's Office has officially named three former high-ranking officials of the National Nutrition Agency (BGN) as suspects in a corruption case involving the Free Nutritious Meal (MBG) programme. The suspects are accused of manipulating the appointment of service partners and favouring foundations with direct affiliations to themselves.

Students Visit Classmate Affected by Kemayoran Fire

Students from SMA Muhammadiyah 2 Jakarta organised a visit to support a classmate whose home was destroyed in a recent fire in Kemayoran. The group provided essential donations, including clothing, bags, and cash, to assist with the recovery efforts.

Relying on Government Projects, Logistics Business Set to Surge in 2026

PT Logisticsplus International Tbk (LOPI) aims to double its revenue to Rp 299.53 billion by 2026, driven by significant government contracts. The company plans to leverage projects such as the Ministry of Health's SIHREN initiative and integrate Artificial Intelligence into its logistics infrastructure.

Former BGN chief Dadan Hindayana arrested after AGO search

The former head of the National Nutrition Agency (BGN), Dadan Hindayana, has been arrested by the Attorney General's Office following a search of the agency's offices. The operation also led to the detention of two former deputies and coincided with a major leadership reshuffle intended to strengthen the implementation of the government's Free Nutritious Meals programme.

Validating Microorganism DNA with AI: A Solution or a New Challenge?

Artificial Intelligence is revolutionising the validation of microbial DNA sequences by automating the detection of contamination and errors in massive genomic datasets. While this technology promises to accelerate breakthroughs in healthcare and biotechnology, it also presents significant challenges regarding data bias and ethical privacy concerns.

JCI Drops to 5,941.07 as Market Questions Indonesia's Credibility

The Indonesia Composite Index (JCI) fell significantly by 4.11 per cent, driven by investor concerns regarding Indonesia's governance and policy credibility. Analysts suggest that global investors are specifically reducing exposure to Indonesia amidst currency pressure and regulatory uncertainty.

IDX Composite Drops to 5,941.07 as Market Scrutinises Policy Credibility

The Indonesia Stock Exchange (IHSG) closed significantly lower on Wednesday, driven by investor concerns regarding Indonesia's governance and policy credibility. Analysts suggest that global investors are specifically reducing exposure to Indonesia amidst currency pressure and leadership communication risks.

KPK Pursues Deputy Immigration Minister Silmy Karim Regarding West Jakarta Immigration Sting

The Corruption Eradication Commission (KPK) is currently searching for Deputy Minister of Immigration and Correctional Services, Silmy Karim, in connection with a recent sting operation. The investigation follows the arrest of the West Jakarta Immigration Office Head and involves allegations of corruption within the immigration office.

Deceptive Tactics Used by Dadan Hindayana and Others in Free Nutritious Meal Programme Corruption Case

The Attorney General's Office has named the former Head of the National Nutrition Agency, Dadan Hindayana, and two former deputies as suspects in a corruption scandal involving the Free Nutritious Meal (MBG) programme. The suspects allegedly manipulated the verification process to ensure foundations affiliated with them were appointed as service partners, generating billions of rupiah in daily incentives.

State Loss Figures in Free Nutritious Meal Corruption Case Still Being Calculated by Attorney General's Office

Investigators from the Attorney General's Office are currently auditing the total state financial losses resulting from corruption within the Free Nutritious Meal (MBG) programme. The case involves the former Head of the National Nutrition Agency and two deputies, who are accused of manipulating foundation partnerships and inflating procurement costs.

Baznas provides electrical installation assistance for Kemayoran fire victims

The National Board of Zakat (Baznas) has provided electrical lighting installations and ready-to-eat meals to residents affected by a recent fire in Kemayoran, Central Jakarta. This initiative aims to support the basic needs of survivors during the post-disaster recovery phase.

0.5 Per Cent MSME Tax Made Permanent, Corporate Entities Subject to New Scheme

The Indonesian government has confirmed that the 0.5 per cent final Income Tax (PPh) rate for micro, small, and medium enterprises (MSMEs) is now permanent. While individual entrepreneurs with turnover below Rp4.8 billion retain the incentive, corporate entities such as PT and CV will now be taxed based on net profit to prevent regulatory abuse.

Judicial Review: Majelis Masyayikh Asserts State Obligation to Fund Pesantren

The Majelis Masyayikh has filed a judicial review at the Constitutional Court, arguing that the state has a constitutional duty to fund Islamic boarding schools (pesantren). The council contends that because pesantren are part of the national education system, the state's role should be one of primary responsibility rather than merely providing assistance.

RI, Greece discuss coalition for repatriation of cultural artifacts

Indonesia and Greece have entered discussions to form an international coalition aimed at the repatriation of cultural artefacts to their countries of origin. The initiative seeks to foster cooperation between nations such as Indonesia, Greece, Iraq, and Egypt to advocate for historical justice and the protection of national heritage.

Social Affairs Minister: Outreach for 'Sekolah Rakyat' Prospective Students Exceeds Target

Indonesia's Minister of Social Affairs, Saifullah Yusuf, announced that the outreach for the 'Sekolah Rakyat' programme has reached 42,000 prospective students, surpassing the national target of 32,640. The programme specifically targets children from the most economically disadvantaged families identified through national social and economic data.

Sinar Mas Land and Hongkong Land Launch Newest Luxury Residences, Island Villa, in NavaPark BSD City

Sinar Mas Land and Hongkong Land have officially unveiled Island Villa, an ultra-luxury residential project in BSD City targeting the ultra-high-net-worth segment. The development features only 35 exclusive units designed with a premium resort-style concept, with initial phase prices ranging from Rp80 billion to Rp150 billion.

Laptop Prices at Ambasador Mall Surge Significantly, Sellers Resigned to Fate

Laptop prices in Jakarta's Ambasador Mall have seen a sharp increase driven by the rising costs of RAM and SSD components, which are being heavily utilised by the AI industry. Traders also cite the weakening Rupiah against the US Dollar as a primary factor behind the escalating prices of both entry-level and premium devices.

KPK Hunts for Deputy Minister of Immigration and Correctional Services Silmy Karim Following Sting Operation

The Corruption Eradication Commission (KPK) is currently searching for Deputy Minister Silmy Karim following a series of sting operations at West Jakarta Immigration offices. Dozens of individuals, including a high-ranking immigration official, have been detained as part of the ongoing investigation.

Public Works: Construction of Brumbun-Sine JLS in Tulungagung 100% Complete

The construction of the Brumbun-Sine section of the Southern Cross Road (JLS) in Tulungagung, East Java, has reached 100% completion. This development fully connects the JLS network within the Tulungagung region, with future focus shifting towards connecting the route to Trenggalek.

BPOLBF and Ministry of Tourism Strengthen Land-Based Tourism Appeal in Labuan Bajo

The Labuan Bajo Flores Authority (BPOLBF) is collaborating with the Ministry of Tourism to launch the 'Weekend at Parapuar' initiative. The programme aims to boost land-based tourism and stimulate the local creative economy through cultural and artistic events.

Ministry of Culture invites filmmakers to showcase local wisdom through film festivals

The Indonesian Ministry of Culture is encouraging filmmakers to incorporate Indonesia's rich local wisdom into films submitted to international festivals. The initiative aims to preserve national identity amidst modernisation by utilising government support, including funding and travel grants, to promote Indonesian culture on the global stage.

Denying Rating Downgrade Rumours, Purbaya: I Am Meeting S&P Tonight!

Finance Minister Purbaya Yudhi Sadewa is set to meet with Standard & Poor's (S&P) in Jakarta to address rumours regarding a potential downgrade of Indonesia's sovereign debt rating. The Minister expressed confidence in Indonesia's fiscal position and aims to clarify the misinformation currently impacting the domestic market.

Gowa Regency Distributes 200 Nutritious Food Packages to Combat Stunting

The Gowa Regency Government in South Sulawesi has distributed 200 nutritious food packages to families at risk of stunting, including pregnant and breastfeeding mothers. The initiative aims to accelerate stunting reduction through targeted nutritional interventions in the Bajeng District.

Fira Breaks into Tears Recalling Parents' Struggle to Save for Umrah; Denny Sumargo: Hanania is Heartless

Prospective Umrah pilgrims have protested at the Hanania Group office following allegations of fraud and embezzlement involving funds intended for religious travel. Police have confirmed losses of Rp4.2 billion affecting 38 victims, with many more expected to come forward.

DW Partners with Vidio to Launch 'The Scene', a New Window into Southeast Asian Youth Life

Deutsche Welle (DW) and the Indonesian streaming platform Vidio have collaborated to launch 'The Scene', a new video-on-demand series exploring the lifestyles and cultures of Southeast Asian youth. The 10-episode series aims to connect audiences across 11 countries by blending lifestyle trends with journalistic depth.

Three former National Nutrition Agency officials named suspects in Free Nutritious Meal programme corruption case

The Attorney General's Office has named three former high-ranking officials of the National Nutrition Agency (BGN) as suspects in a corruption investigation. The case involves alleged irregularities in the management of the Free Nutritious Meal (MBG) programme for 2025โ€“2026, including the unlawful appointment of affiliated foundations as partners.

Commander of Marine Corps: Ulama and TNI Together Maintain National Unity

The Commander of the Indonesian Navy's Marine Corps, Lieutenant General Endi Supardi, has emphasised the strategic role of religious scholars and the military in preserving the integrity of the Republic of Indonesia. The meeting with the Indonesian Azhari Preachers and Mubaligh Forum (FORDAMAI) explored collaborative programmes focused on national character building and social development.

Exciting Picnic at Tahura Bunder Gunungkidul: Trekking Amidst Deer Sightings

The Bunder Forest Park (Tahura Bunder) in Gunungkidul is implementing a 'gatekeeping' reservation system to protect local wildlife and ensure a high-quality visitor experience. The site offers various activities including trekking, camping, and river excursions, while maintaining strict conservation protocols for its unique natural landmarks.

Arrested by Attorney General's Office: A Look into the Wealth of Former National Nutrition Agency Head Dadan Hidayana

The Attorney General's Office has arrested Dadan Hidayana, the former head of the National Nutrition Agency (BGN), in connection with corruption allegations involving the Free Nutritious Meal programme. His reported assets, totalling approximately Rp9.02 billion, include significant property holdings in Bogor and a collection of recent vehicles.

Mahfud MD: Pre-trial Ruling in Andrie Yunus Case Must Be Implemented by Police

Former Coordinating Minister for Political, Legal, and Security Affairs, Mahfud MD, has asserted that the South Jakarta District Court's pre-trial ruling regarding the acid attack on activist Andrie Yunus is binding and must be obeyed by the police. He highlighted the potential for further investigations to uncover civilian involvement and called for the revision of the Military Court Law to ensure proper legal accountability.

Ex-Head of National Nutrition Agency Dadan Hindayana and Others Allegedly Manipulated Free Nutritious Meal Project via Appointed Foundations

The Attorney General's Office has named the former head and two deputy heads of the National Nutrition Agency as suspects in a corruption scandal involving the Free Nutritious Meal (MBG) programme. The suspects are accused of manipulating the construction of nutrition service points to favour foundations affiliated with themselves.

TNI Shooting Range Closed Following Stray Bullet Incident Involving UNP Student

The Indonesian National Armed Forces (TNI) have temporarily closed a shooting range in Padang following an incident where stray bullets struck a university student and another individual. An internal investigation is currently underway to determine the exact origin of the projectiles and ensure the safety of the surrounding area.

It Is Not About Commissions: The Real Reason Online Taxi Drivers Choose Grab or Gojek

A recent study by the Paramadina Public Policy Institute and Indef reveals that order stability, rather than commission rates, is the primary driver of loyalty among online motorcycle taxi drivers. The research highlights that driver retention is heavily influenced by consistent order volume and application usability.

Purbaya Admits Involvement in Reporting Former National Nutrition Agency Head Dadan Regarding MBG Corruption

Finance Minister Purbaya Yudhi Sadewa has confirmed that the removal of former National Nutrition Agency (BGN) head Dadan Hindayana follows an evaluation by President Prabowo Subianto. The investigation into the Free Nutritious Meal (MBG) programme has led to budget reductions and the naming of several suspects by the Attorney General's Office.

Dadan Named Suspect in MBG Corruption Case; Purbaya: One of the Reports Originated from Us

Finance Minister Purbaya Yudhi Sadewa has confirmed that the removal of Dadan Hindayana as Head of the National Nutrition Agency follows President Prabowo Subianto's evaluation of priority programmes. The corruption investigation into the Free Nutritious Meal (MBG) programme has also led to a significant budget reduction from Rp 335 trillion to approximately Rp 268 trillion.

Dollar Nears Rp18,000, Purbaya: Many Rumours Creating Uncertainty in the Market

The Indonesian Rupiah has hit a new record low, closing at Rp17,940 per US Dollar. Finance Minister Purbaya Yudhi Sadewa attributed the currency's weakness to various market rumours and emphasised his focus on maintaining the nation's economic foundations.

Regent of Bogor Leads 544th Anniversary Ceremony in Malasari Village

The Regent of Bogor, Rudy Susmanto, presided over the 544th anniversary celebrations in Malasari Village, highlighting the need for equitable development in remote areas. The ceremony focused on addressing infrastructure gaps, including land donations for new schools and improvements to healthcare and road networks.

Stock Surge of up to 137% in One Year Triggers Acquisition Rumours

Shares of PT Nusa Palapa Gemilang Tbk (NPGF) have surged by approximately 137% over the past year, driven by investor optimism. The significant price increase is being linked to market speculation regarding a potential strategic acquisition that could expand the company's business scale.

Corruption Allegations Uncovered in National Nutrition Agency Electric Motor and Tablet Procurement

The Attorney General's Office has named three suspects, including the former head of the National Nutrition Agency (BGN), in connection with corruption within the Free Nutritious Meal programme. Investigations revealed illegal interventions in procurement processes, leading to inflated costs for electric motorcycles, tablets, and other equipment.

Amnesty: 2.5-Year Sentence Demand for Acid Attackers of Andrie Yunus is an Affront to Justice

Amnesty International Indonesia has criticised the military prosecutor's demand for a 2.5-year prison sentence for four TNI soldiers involved in the acid attack on activist Andrie Yunus. The human rights organisation argues that the proposed sentence is disproportionate and highlights the need for reform in the military justice system regarding human rights violations.

Poland to ban students under 16 from using mobile devices in schools

The Polish government has approved a draft law that would prohibit students under the age of 16 from using mobile phones and smartwatches during school hours. The regulation aims to combat smartphone and internet addiction, with the ban set to take effect from the 2026 academic year.

KPK Searches for Deputy Minister of Immigration Silmy Karim Following Sting Operation on West Jakarta Immigration Officials

The Corruption Eradication Commission (KPK) is currently searching for the Deputy Minister of Immigration and Correctional Services, Silmy Karim, following a sting operation at the West Jakarta Immigration Office. The operation, which also took place in West Java and Bali, has resulted in the detention of over a dozen individuals, including the Head of the West Jakarta Immigration Office.