Archive: 3 June 2026
Showing 951-1,000 of 1,696 articles
Wed, 03 Jun 2026, 14:39 WIB
SKK Migas to Auction Results of Joint Study with Shell Across Five Indonesian Oil and Gas Blocks
The Indonesian Upstream Oil and Gas Business Activities Special Task Force (SKK Migas) is finalising a joint study conducted with Shell and KUFPEC across five oil and gas blocks. Once finalised, the government intends to auction these blocks, marking a significant move to re-engage major international players in Indonesia's upstream sector.
Wed, 03 Jun 2026, 14:37 WIB
Iran Attacks US Fifth Fleet Headquarters in the Middle East
The Islamic Revolutionary Guard Corps (IRGC) has announced retaliatory strikes against US naval assets in Bahrain and an American airbase in Kuwait. The escalation follows an alleged US attack on an Iranian oil tanker near the Strait of Hormuz.
Wed, 03 Jun 2026, 14:37 WIB
Prabowo's Overseas Visits Viewed as Geo-economic Strategy for Indonesian Government
The prospective Chairman of the Indonesian Young Entrepreneurs Association (HIPMI) views President Prabowo Subianto's international visits as a practical geo-economic approach to strengthen global partnerships. These diplomatic efforts aim to attract strategic investments in energy, downstreaming, and infrastructure to help Indonesia escape the middle-income trap.
Wed, 03 Jun 2026, 14:36 WIB
BPR Assets Grow 3.7 Per Cent to Rp 236 Trillion
The total consolidated assets of Rural Banks (BPR) and Sharia Rural Banks (BPRS) rose by 3.70 per cent to Rp 236.69 trillion as of March 2026. The Financial Services Authority (OJK) is also actively overseeing the consolidation of numerous BPR/BPRS entities to strengthen capital and industry competitiveness.
Wed, 03 Jun 2026, 14:36 WIB
Korlantas prioritises humanist approach in 2026 Compliance Operation
The Indonesian National Police Traffic Corps (Korlantas) has announced a shift towards a more humanistic approach for the 2026 Compliance Operation. The initiative aims to foster voluntary road safety awareness among the public rather than relying on fear of enforcement.
Wed, 03 Jun 2026, 14:35 WIB
Government allocates Rp1.2 trillion for micro-business recovery in Sumatra
The Indonesian government has earmarked approximately Rp1.2 trillion for an economic rehabilitation programme targeting micro-entrepreneurs in Aceh, West Sumatra, and North Sumatra through 2027. The initiative aims to provide direct presidential assistance to 200,000 businesses to help them recover from disaster impacts and purchase essential production equipment.
Wed, 03 Jun 2026, 14:35 WIB
Prabowo Receives Turkish Foreign Minister Hakan Fidan in Hambalang to Discuss Bilateral Relations
President Prabowo Subianto met with Turkish Foreign Minister Hakan Fidan in Hambalang to strengthen strategic partnerships and discuss regional stability. The discussions focused on humanitarian cooperation, the situation in the Middle East, and shared commitments within the Global South.
Wed, 03 Jun 2026, 14:35 WIB
GoPro Faces Bankruptcy Threat Not Due to Low Camera Sales, But Rising Memory Costs
GoPro is facing a significant liquidity crisis driven by a surge in memory component prices caused by the global AI boom. The company's inability to absorb these costs, alongside potential breaches of loan covenants, has prompted the firm to explore strategic options including a potential merger or sale.
Wed, 03 Jun 2026, 14:34 WIB
Unity! PT Jaringan Lintas Utara Celebrates 24th Anniversary with Angkringan Style
PT Jaringan Lintas Utara (Jatara) celebrated its 24th anniversary and office inauguration with a unique 'Angkringan' themed event. The event highlighted the company's long-standing business resilience and its role in supporting digital infrastructure for local institutions in Yogyakarta.
Wed, 03 Jun 2026, 14:34 WIB
KSP Confirms Alleged Trading of Nutrition Service Units as One of the Triggers for Dadan's Removal from BGN
The Chief of Staff to the President has confirmed that allegations regarding the illegal trading of Nutrition Service Units (SPPG) were a key factor in the dismissal of Dadan Hindayana as Head of the National Nutrition Agency (BGN). President Prabowo Subianto reportedly initiated the leadership reshuffle to ensure the Free Nutritious Meal programme is free from corruption and mismanagement.
Wed, 03 Jun 2026, 14:34 WIB
Police Question Witnesses Over Alleged Burning of Three Students; One Dead
Central Lombok Police have launched an investigation into an incident involving the alleged burning of three students at an Islamic boarding school in Batukliang. The case, which occurred in November 2025, came to light following the viral spread of a video showing a victim's injuries, resulting in one fatality and two serious injuries.
Wed, 03 Jun 2026, 14:33 WIB
TelkomMetra Strengthens Business Portfolio Restructuring Steps - BCA Securities
PT Multimedia Nusantara (TelkomMetra) has signed a Sale and Purchase Agreement with Fullerton Health for the full divestment of AdMedika Group. This strategic move aims to streamline TelkomGroup's portfolio by focusing on core telecommunications and digital businesses while allowing AdMedika to pursue regional expansion.
Wed, 03 Jun 2026, 14:33 WIB
University of Indonesia Emphasises Pancasila as a Living Ideology
During the commemoration of Pancasila Day, the University of Indonesia (UI) highlighted the importance of the national ideology as a moral anchor and a foundation for global diplomacy. The university reaffirmed its commitment to integrating Pancasila values into academic life and policy-making to foster national unity and international peace.
Wed, 03 Jun 2026, 14:32 WIB
Riau receives additional support with one 'water bombing' helicopter
The Riau Provincial Government has received an additional water bombing helicopter to bolster aerial firefighting efforts. This deployment aims to enhance preparedness for forest and land fires as the dry season approaches the region.
Wed, 03 Jun 2026, 14:32 WIB
Jakarta's Waste Emergency and the Opportunity to Build a New Economy
Jakarta is facing a critical waste crisis as the Bantargebang landfill faces potential closure following recent landslides. The provincial government is now mandating waste sorting at the source to mitigate the crisis and potentially foster a new circular economy.
Wed, 03 Jun 2026, 14:30 WIB
SKK Migas Forecasts Oil Lifting to Reach 610,000 Barrels by Year-End
SKK Migas projects Indonesia's oil lifting to reach between 600,000 and 610,000 barrels per day by the end of 2026. Despite facing operational disruptions in major oil blocks, the agency maintains a positive outlook for production levels through 2027.
Wed, 03 Jun 2026, 14:30 WIB
BPOM Regulation No. 5/2026 Issued to Strengthen National Drug Supervision and Protect the Public
The Indonesian Food and Drug Authority (BPOM) has introduced a new regulation to enhance the oversight of drug management in pharmaceutical and non-pharmaceutical facilities. The policy aims to ensure that the sale of over-the-counter medicines in retail outlets like supermarkets is conducted under proper pharmaceutical supervision to guarantee product safety and quality.
Wed, 03 Jun 2026, 14:29 WIB
Prudential Extends Investment Outlook Amid Ongoing JCI Volatility
PT Prudential Life Assurance (Prudential Indonesia) is maintaining a long-term investment strategy despite recent volatility in the Indonesia Composite Index (JCI). The company is focusing on assets with strong fundamentals in the consumer, healthcare, and communication sectors to ensure long-term growth for its clients.
Wed, 03 Jun 2026, 14:28 WIB
Trump Angry with Netanyahu: Everyone Hates You, You Should Be in Prison
Former US President Donald Trump reportedly delivered a scathing critique of Israeli Prime Minister Benjamin Netanyahu during a recent telephone conversation. Trump expressed deep frustration over Israel's potential military actions in Beirut, warning that such moves would further isolate Israel globally.
Wed, 03 Jun 2026, 14:28 WIB
Roy Suryo and Others to Face Trial; Legal Counsel Hopes for Jokowi's Reputation to be Restored
Legal representatives for Indonesia's 7th President, Joko Widodo, have announced that the trial regarding allegations of a forged diploma will proceed following the completion of the case files. The defence aims to use the court proceedings to clear the President's name and vindicate institutions such as UGM and the KPU from false claims.
Wed, 03 Jun 2026, 14:27 WIB
Pertamina: Manpatu Offshore Platform to Support Mahakam Gas Production
PT Pertamina Hulu Mahakam (PHM) has completed the installation of the Manpatu offshore platform structure to bolster gas production in the Mahakam block. The project is expected to contribute up to 80 MMSCFD, significantly enhancing Indonesia's national energy security.
Wed, 03 Jun 2026, 14:27 WIB
Military Prosecutor Demands Two and a Half Years Imprisonment for Four Defendants in Acid Attack Case
A Military Prosecutor has requested a prison sentence of two years and six months for four military personnel involved in the acid attack on KontraS activist Andrie Yunus. The sentencing demand was delivered during a hearing at the Military Court II-08 in Jakarta.
Wed, 03 Jun 2026, 14:27 WIB
Immigration Sting in West Jakarta: Directorate General of Immigration Respects KPK Legal Process
The Directorate General of Immigration has expressed its respect for the ongoing legal proceedings following a corruption sting operation by the Corruption Eradication Commission (KPK) at the West Jakarta Immigration Office. The operation, which involves allegations of bribery regarding foreign residence permits, has led to the detention of several individuals, including the Head of the West Jakarta Immigration Office.
Wed, 03 Jun 2026, 14:26 WIB
Divestment Complete, TelkomMetra Strengthens Business Portfolio
PT Multimedia Nusantara (TelkomMetra), a subsidiary of PT Telkom Indonesia, has finalised the divestment of AdMedika Group to Fullerton Health. This strategic move aims to streamline TelkomGroup's portfolio by focusing on core telecommunications and digital sectors while allowing AdMedika to pursue regional expansion.
Wed, 03 Jun 2026, 14:26 WIB
Verdict hearing for Andrie Yunus acid attack case scheduled for 10 June
A military court has scheduled the verdict for the case involving the alleged acid attack on KontraS Vice Coordinator Andrie Yunus. Four Indonesian National Armed Forces (TNI) personnel face prison sentences following accusations of premeditated assault.
Wed, 03 Jun 2026, 14:25 WIB
Economist suggests BSF value needs evaluation amid rupiah weakness
Trimegah Sekuritas Indonesia Chief Economist Fakhrul Fulvian has warned that the Bond Stabilization Fund (BSF) may be an ineffective tool for stabilising the rupiah. He argues that instead of artificially suppressing bond yields, Indonesia should focus on restoring a normal yield curve to attract the capital inflows necessary to strengthen the balance of payments.
Wed, 03 Jun 2026, 14:25 WIB
The Saviour of Indonesia During Economic Crisis: Not the President or Finance Minister
Historical records reveal that Sri Sultan Hamengkubuwono IX played a pivotal role in saving the Indonesian government from financial collapse in 1949. By providing a massive donation of 6 million guilders, the Sultan enabled the restoration of state administration and essential diplomatic missions during a period of extreme instability.
Wed, 03 Jun 2026, 14:23 WIB
Bank Indonesia Responds as Rupiah Approaches 18,000 per US Dollar
Bank Indonesia has announced measures to stabilise the rupiah as the currency weakened to 17,930 per US dollar. The central bank is utilising all available policy instruments and promoting local currency transactions to mitigate the impact of global market volatility.
Wed, 03 Jun 2026, 14:21 WIB
Chief of Staff: National Nutrition Agency Head Dismissed Possibly Due to Alleged Kitchen Procurement Bribery
The Chief of Staff to the President, Dudung Abdurachman, suggested that the dismissal of the National Nutrition Agency (BGN) head may be linked to allegations of bribery regarding kitchen procurement for the Free Nutritious Meal programme. President Prabowo Subianto reportedly seeks to ensure the programme is executed with full transparency and accountability to prevent any misuse of public funds.
Wed, 03 Jun 2026, 14:20 WIB
Former Thai prime minister Thaksin to be freed after royal pardon
Former Thai Prime Minister Thaksin Shinawatra is set to be released from the remainder of his prison sentence following a royal pardon granted by King Maha Vajiralongkorn. The decision follows Thaksin's return to Thailand in 2023 after years of exile to serve a sentence related to past conflicts of interest and abuse of power.
Wed, 03 Jun 2026, 14:20 WIB
Disaster Hits Japan as Tropical Storm Jangmi Triggers Widespread Blackouts
Tropical storm Jangmi has struck Japan, causing widespread power outages for nearly 60,000 households and forcing the cancellation of hundreds of flights. The extreme weather has also severely disrupted the manufacturing sector, with major automakers including Toyota and Suzuki suspending operations at several plants.
Wed, 03 Jun 2026, 14:19 WIB
Rupiah Weakening and Danantara Sentiment Main Drivers Behind IHSG Slump
The Indonesia Composite Index (IHSG) experienced a significant decline, dropping over 4% due to the weakening Rupiah against the US Dollar and negative sentiment surrounding Danantara Investment Management. Market analysts also point to profit-taking in conglomerate stocks and a negative outlook from Moody's Ratings as key contributing factors to the market downturn.
Wed, 03 Jun 2026, 14:18 WIB
Indonesian President Receives Visit from Turkish Foreign Minister in Hambalang
Indonesian President Prabowo Subianto met with Turkish Foreign Minister Hakan Fidan at his Hambalang residence to discuss bilateral relations. The meeting highlighted the strong strategic partnership between the two nations and acknowledged Turkey's assistance in repatriating Indonesian citizens.
Wed, 03 Jun 2026, 14:17 WIB
Lawyers Demand Acquittal for Nadiem Makarim: If No Corruption Occurred, Suspending Him is Criminalisation
The legal team representing former Minister of Education Nadiem Makarim has requested the court to acquit him of corruption charges regarding Chromebook procurement. The defence argues that there was no state loss and that the prosecution's claims constitute criminalisation.
Wed, 03 Jun 2026, 14:17 WIB
West Jakarta Immigration Office ensures services continue following KPK sting operation
The West Jakarta Immigration Office has confirmed that public services remain operational following a sting operation conducted by the Corruption Eradication Commission (KPK). While several officials were detained, the office maintains that daily activities and-public assistance are unaffected.
Wed, 03 Jun 2026, 14:16 WIB
KSP Hopes National Nutrition Agency Becomes More Transparent and Accountable Following Removal of Dadan Hindayana
The Chief of Staff to the President, Dudung Abdurrachman, has expressed support for President Prabowo Subianto's decision to restructure the leadership of the National Nutrition Agency (BGN). The move follows the removal of Dadan Hindayana, aimed at ensuring greater transparency and accountability in managing the Free Nutritious Meal programme.
Wed, 03 Jun 2026, 14:16 WIB
MSME Minister Asserts No Tax Increases for Small Businesses
The Minister of Micro, Small, and Medium Enterprises (MSMEs), Maman Abdurarrhman, has confirmed that there will be no tax hikes for small businesses under the new Government Regulation. The updated regulation introduces permanent tax incentives to provide greater business certainty for entrepreneurs.
Wed, 03 Jun 2026, 14:15 WIB
China's SAIC Motor to Build Electric Vehicle Factory in Spain
SAIC Motor, one of China's largest automotive manufacturers, has announced plans to establish its first European electric vehicle factory in Galicia, Spain. The project involves an initial investment of €200 million and is expected to create over 2,300 local jobs.
Wed, 03 Jun 2026, 14:15 WIB
Purbaya Conducts Direct Inspection of State Cash Management: What is Happening?
Finance Minister Purbaya Yudhi Sadewa visited the Directorate General of Treasury to personally monitor the management of state cash. The visit aimed to ensure optimal fiscal policy implementation and support the efficient management of liquidity and state funds.
Wed, 03 Jun 2026, 14:13 WIB
Defence Minister Urges Civil Servants in Reserve Component to Act as Role Models
Defence Minister Sjafrie Sjamsoeddin has called upon civil servants participating in the Reserve Component (Komcad) to serve as exemplary figures within their respective ministries. Following their military basic training, these officials are expected to integrate nationalism with professionalism to enhance bureaucratic performance and public service.
Wed, 03 Jun 2026, 14:12 WIB
Observer: Efforts to Strengthen Natural Resource Export Governance Deserve Support
State-owned enterprise observer Arief Poyuono has expressed support for the government's initiative to improve the governance of strategic natural resource exports through Danantara Sumberdaya Indonesia (DSI). He highlighted that addressing long-standing issues such as under-invoicing is crucial to preventing massive state revenue losses and ensuring a level playing field for businesses.
Wed, 03 Jun 2026, 14:12 WIB
SKK Migas aims for 2,000 bpd oil production from community wells by July 2026
The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) has set a target to increase oil production from community wells to at least 2,000 barrels per day by July 2026. This initiative aims to leverage local cooperatives and SMEs to support Indonesia's national production targets.
Wed, 03 Jun 2026, 14:12 WIB
Bank Indonesia Optimises Policy Instruments to Maintain Rupiah Stability
Bank Indonesia has reaffirmed its commitment to stabilising the rupiah through the optimisation of monetary and financial market instruments. The central bank is also implementing new foreign exchange transaction thresholds and expanding Local Currency Transaction (LCT) schemes to reduce US dollar dependency.
Wed, 03 Jun 2026, 14:11 WIB
UN: New checkpoint procedures hinder aid entry into Gaza
The United Nations has reported significant delays and congestion in humanitarian aid convoys due to new, slower inspection procedures implemented by Israel. These operational hurdles at the Kerem Shalom crossing are severely restricting the delivery of essential supplies to Gaza.
Wed, 03 Jun 2026, 14:11 WIB
Driving the Future of Agentic Commerce: DOKU MCP Server and Google's Agent Payments Protocol
Indonesian fintech pioneer DOKU has announced its contribution to Google's Agent Payments Protocol (AP2), aiming to standardise agent-led payments. This initiative enables businesses to integrate secure payment functions directly into AI systems, facilitating automated transactions with or without human intervention.
Wed, 03 Jun 2026, 14:10 WIB
Perbedaan Perizinan Usaha Tambang dan Kelapa Sawit di Indonesia
This article outlines the distinct regulatory frameworks and licensing procedures for the mining and palm oil sectors in Indonesia under the OSS system. It highlights differences in legal foundations, technical requirements, and the specific government authorities responsible for overseeing each industry.
Wed, 03 Jun 2026, 14:10 WIB
GCC Condemns Israeli Settler Actions at Al-Aqsa, Supports Palestinian Independence
The Secretary-General of the Gulf Cooperation Council (GCC) has issued a strong condemnation of extremist settler incursions into the Al-Aqsa Mosque compound. The GCC reaffirmed its support for the establishment of an independent Palestinian state based on the 1967 borders with East Jerusalem as its capital.
Wed, 03 Jun 2026, 14:10 WIB
Environment Minister Targets Development of 'Green Jobs' in Indonesia
Indonesia's Minister of Environment, Moh Jumhur Hidayat, aims to expand the 'green jobs' sector as part of the nation's transition towards a green economy. The government plans to study Denmark's successful models in waste management and carbon auditing to foster sustainable employment opportunities.
Wed, 03 Jun 2026, 14:10 WIB
The Dilemma of PT DSI's Policy: Between Protecting Public Wealth and Economic Justice
The establishment of PT Danantara Sumber Daya Indonesia (DSI) aims to curb massive economic leakages caused by under-invoicing and transfer pricing. However, the policy faces criticism for potentially creating new economic injustices, particularly regarding the impact on smallholder farmers and international trade transparency.
Wed, 03 Jun 2026, 14:10 WIB
Follow These Instructions and Tourists Can Win Gold Bars Worth Rp380 Million
A tourist destination in Levi, Finland, has launched the 'Midnight Sun Hunt' to boost summer tourism by offering gold bars worth 20,000 euros. The initiative aims to diversify the region's appeal beyond its traditional winter ski season by utilising a treasure hunt concept.