Indonesian Political, Business & Finance News

Archive: 8 June 2026

Showing 551-600 of 1,593 articles

Anthony Leong: HIPMI Must Become a Factory for Indonesia's New Entrepreneurs

Anthony Leong, a candidate for the Chairperson of the Indonesian Young Entrepreneurs Association (HIPMI), asserts that the organisation must prioritise grooming new entrepreneurs to support the 'Indonesia Emas 2045' vision. He emphasises that HIPMI should serve as an incubator for job creators rather than just a gathering place for established business owners to leverage the upcoming demographic bonus.

IHSG Closes Lower at 5,342.14 Today

The Indonesia Composite Index (IHSG) fell by 4.52 per cent on Monday, driven by domestic investor uncertainty and escalating geopolitical tensions in the Middle East. The decline was further exacerbated by rising crude oil prices and expectations of a hawkish stance from the US Federal Reserve.

KPK Sting Operation Targets Muara Enim Regent Edison; Education Office Sealed

The Corruption Eradication Commission (KPK) has conducted a sting operation involving the Regent of Muara Enim, Edison, in South Sumatra. The operation also resulted in the sealing of the local Education Office as investigators continue their field work.

PAN DPRD Members Learn Sustainable Waste Management

Members of the National Mandate Party (PAN) from provincial and regional legislatures across Indonesia have participated in a workshop focused on sustainable waste management. The initiative aims to develop legislative blueprints for local implementation to address the national waste crisis and support the transformation of waste into renewable energy.

Prabowo Officially Inaugurates Leaders of National Nutrition Agency and Special Presidential Advisor

President Prabowo Subianto has officially inaugurated Nanik S. Deyang as the Head of the National Nutrition Agency (BGN), alongside two Deputy Heads. Additionally, Said Iqbal has been appointed as the Special Presidential Advisor for Labour and Workers.

Government and Parliament Agree Active Police Officers May Hold Civil Positions, Subject to Conditions

The Indonesian Government and the House of Representatives (DPR) have reached an agreement on the draft revision of the National Police Law. The proposal allows active police officers to occupy certain civil positions, provided the roles are related to policing functions or are specifically assigned by the President.

Minister of Hajj and Umrah Outlines Recommendations from Hajj Mission Leaders

The Minister of Hajj and Umrah, Mochamad Irfan Yusuf, has announced several key recommendations from the 2026 Hajj Mission Leaders to improve the quality of Indonesian Hajj services. Key focus areas include enhancing services in Mina, standardising staff training, and strengthening health protocols for pilgrims.

UIMandiri's Inaugural 2026 Graduation: Strengthening Integrity, Innovation, and Collaboration in the Global Era

Universitas Indonesia Mandiri (UIMandiri) celebrated its first graduation ceremony in South Lampung, marking a significant milestone for the institution. The event, attended by high-ranking government officials, highlighted the university's commitment to providing accessible, high-quality education and fostering regional development.

President Officially Inaugurates Nanik Deyang as Head of National Nutrition Agency and Labour Leader Said Iqbal as Special Advisor

President Prabowo Subianto has appointed Nanik S. Deyang as the new head of the National Nutrition Agency (BGN) following a leadership reshuffle. Additionally, the President has appointed labour leader Said Iqbal as a Special Advisor for Employment and Labour Welfare.

Dollar Strengthens, Palm Oil Prices Drop; Agriculture Minister Cites Anomaly

The Indonesian Minister of Agriculture, Andi Amran Sulaiman, has identified an anomaly where fresh fruit bunch (FFB) prices are falling despite a weakening Rupiah and strong global CPO trends. The government is now investigating approximately 300 palm oil companies for potential price manipulation and cartel activity.

KPK Arrests 10 Individuals in Sting Operation Involving Muara Enim Regent

The Corruption Eradication Commission (KPK) has detained ten people, including the Regent of Muara Enim, following a sting operation in Jakarta and South Sumatra. The group consists of five government officials and five private sector representatives, amidst reports of office seals being placed on local government departments.

B50 Biodiesel Implementation Set for 1 July 2026: Progress Update on Trials

The Indonesian Ministry of Energy and Mineral Resources is finalising technical trials for the B50 biodiesel mandate, which is slated for nationwide implementation by July 2026. The transition is expected to significantly boost foreign exchange savings and increase the added value of Crude Palm Oil (CPO).

Business World Reaps Benefits of President Prabowo's Economic Diplomacy Amid Global Uncertainty

The business community, represented by HIPMI, has expressed strong support for President Prabowo Subianto's international working visits, noting their positive impact on investment and market access. Significant investment realisations and new commitments from Japan and South Korea are seen as vital drivers for national economic growth and job creation.

Kaspersky: Exploit and RDP Attacks Targeting Southeast Asian Companies in 2025

Global cybersecurity firm Kaspersky has issued a warning regarding the rising intensity of digital threats against corporate sectors in Southeast Asia. The report highlights that Indonesia faces the highest number of exploit detections in the region, alongside a massive volume of RDP-based attack attempts.

West Nusa Tenggara High Prosecutor's Office Interrogates Former Head of Sumbawa Land Agency Regarding Money Laundering

The West Nusa Tenggara High Prosecutor's Office is investigating the former Head of the Sumbawa National Land Agency, Subhan, for alleged money laundering and gratification. The investigation stems from the development of a corruption case involving land procurement for the MXGP Circuit in the Samota area.

67 Villages with Peatlands in Siak, Riau, on High Alert to Prevent Forest and Land Fires

Authorities in Siak Regency, Riau, have placed 67 villages situated on peatland ecosystems on high alert due to extreme heat and the risk of forest and land fires. The Regional Disaster Management Agency (BPBD) is intensifying patrols and community education to prevent fires as the region enters the dry season.

JCI drops 4.5 per cent, pressured by combination of domestic and global sentiments

The Indonesia Composite Index (JCI) closed significantly lower on Monday, dropping 4.52 per cent to 5,342.14. The decline was driven by geopolitical tensions in the Middle East and domestic investor uncertainty, leading to concerns over rising inflation and potential budget deficits.

KPK Sting Operation: Muara Enim Regent Among 10 Detained in Jakarta and South Sumatra

The Corruption Eradication Commission (KPK) has conducted a sting operation involving the Regent of Muara Enim, H Edison. A total of ten individuals, including five officials from the Muara Enim Regency government and five private sector representatives, have been detained across Jakarta and South Sumatra.

Bulog West Java secures 590,000 tons of rice, aids other provinces

Bulog West Java has successfully secured 590,000 tons of rice, enabling the province to supply rice to several other Indonesian provinces including North Sumatra and Riau. To support this high procurement volume and enhance national food security, the government is constructing six new warehouses across Karawang, Cirebon, Bandung, and Subang.

Parliament-Government Speeds up Export Governance Reforms to Boost Economy

The Indonesian House of Representatives and the government are coordinating strategic measures to accelerate national economic growth through export governance reforms. These initiatives aim to enhance regulatory clarity and-integrated policy support to foster a more conducive climate for investors and market participants.

Educational Requirements for Police Candidates Remain Unchanged in National Police Law Revision

The Indonesian government and the House of Representatives (DPR) have agreed to maintain the minimum educational requirement of a high school diploma for police recruits. While some lawmakers proposed raising the standard to a bachelor's degree, the National Police clarified that separate pathways for university graduates already exist.

Breaking News! Muara Enim Regent Edison Caught in KPK Sting Operation

The Corruption Eradication Commission (KPK) has arrested the Regent of Muara Enim, Edison, during its twelfth sting operation of 2026. The operation resulted in the detention of ten individuals, including five government officials and five private sector representatives.

Muara Enim Regent Edison Caught in KPK Sting Operation

The Corruption Eradication Commission (KPK) has arrested the Regent of Muara Enim, Edison, during its twelfth sting operation of 2026. The operation resulted in the detention of ten individuals, including five officials from the Muara Enim Regency government and five private sector representatives.

Who is Agustina Arumsari, the Anti-Corruption Auditor Appointed as Deputy Head of BGN?

President Prabowo Subianto has appointed Agustina Arumsari as the Deputy Head of the National Nutrition Agency (BGN). With an extensive background in anti-corruption auditing and investigative oversight, her appointment is seen as a strategic move to ensure financial accountability in government programmes.

IDX Composite Plummets to 5,342 Level, Down 41% This Year

The Indonesia Stock Exchange (IDX) has experienced a significant downturn, with the composite index dropping 4.52% in a single session amid global geopolitical tensions. Investors remain cautious as the strengthening US Dollar threatens capital outflows from emerging markets, including Indonesia.

Regarding the Meaning of 'Gifts', Sony Sonjaya Asks to Ask Nanik Deyang Directly

The lawyer for former Deputy Head of the National Nutrition Agency (BGN), Sony Sonjaya, has addressed a cryptic social media post regarding 'gifts' sent to the new BGN Head, Nanik Deyang. This development follows the Attorney General's Office naming Sonjaya as a suspect in a corruption case involving the Free Nutritious Meal (MBG) programme.

Former BPN Head in Central Lombok Questioned Over MXGP Samota Circuit Gratification Case

The West Nusa Tenggara High Prosecutor's Office is investigating Subhan, the former Head of the National Land Agency (BPN) for Central Lombok and Sumbawa, regarding alleged gratifications. The investigation stems from the corruption surrounding the 2022 land procurement for the MXGP Samota Circuit in Sumbawa.

Regent of Muara Enim Caught in KPK Sting Operation, 10 People Detained

The Corruption Eradication Commission (KPK) has conducted a sting operation in Muara Enim, South Sumatra, resulting in the detention of ten individuals. The group includes the Regent of Muara Enim, Edison, alongside officials from the local government and representatives from the private sector.

5 Most Popular International News Today

A summary of major global escalations, including intensified military strikes between Israel and Iran and the diplomatic visit of Xi Jinping to North Korea. The report highlights rising geopolitical tensions in the Middle East despite calls for restraint from the United States.

Stronger USD against rupiah creates momentum for exports: Minister

The Indonesian Minister of Agriculture suggests that the depreciation of the rupiah against the US dollar presents a strategic opportunity to boost agricultural and palm oil exports. Meanwhile, Bank Indonesia has implemented stricter regulations on foreign exchange purchases and restructured interest rates to stabilise the currency and curb speculative trading.

List of 8 Ambassadors Who Presented Credentials to Prabowo, Including Palestine and South Korea

President Prabowo Subianto officially received the credentials of eight ambassadors from various nations at the Merdeka Palace in Jakarta. The ceremony included representatives from countries such as Sri Lanka, South Korea, and Palestine, marking a significant step in strengthening Indonesia's bilateral relations.

Ethics Council Dismisses Ombudsman Chair Hery Susanto

The Ombudsman's Ethics Council has dismissed Chairman Hery Susanto following findings of severe ethical violations and his involvement in a nickel mining bribery scandal. The Council will formally notify President Prabowo Subianto to request a presidential decree for his permanent removal from office.

Central Bangka to Develop Lubuk Pabrik as Shallot Production Hub

The Central Bangka Regency government aims to transform Lubuk Pabrik Village into a major shallot production centre to bolster local food security. The initiative focuses on producing local seeds to reduce dependency on external supplies and increase farmers' incomes.

Thai Consumer Council Sues Meta, LINE, Apple, Google, and 9 Banks Over Investment Fraud

The Thai Consumer Council has filed a civil lawsuit against major global tech giants and nine financial institutions for alleged negligence in preventing online investment scams. The legal action seeks accountability for losses exceeding 230 million baht, marking a significant precedent for holding foreign digital platform parent companies liable.

Philippine aviation authority closes airport following massive earthquake

The Civil Aviation Authority of the Philippines (CAAP) has temporarily suspended operations at General Santos International Airport following a 7.8 magnitude earthquake. Authorities are currently conducting safety assessments on air navigation facilities and operational equipment to ensure the integrity of airport services.

Millions of Indonesians Unaware of Underlying Health Issues, Discovered During Free Health Checks

Indonesia's Minister of Health, Budi Gunadi Sadikin, revealed that millions of citizens have undetected health problems such as hypertension, diabetes, and obesity following recent free health screening programmes. In response, the government is shifting its healthcare focus from curative treatment to preventative and promotive care to alleviate the burden on hospitals.

Novotel Suites Yogyakarta Malioboro Launches 'Wave of Change' Campaign to Commemorate World Ocean Day

Novotel Suites Yogyakarta Malioboro has announced the 'Wave of Change' initiative, a series of environmental programmes aimed at promoting marine ecosystem conservation. In collaboration with local and global organisations, the campaign focuses on sea turtle protection, plastic waste recycling, and community support for local fishermen.

KPK Sting Operation in South Sumatra: Muara Enim Regent Arrested

The Corruption Eradication Commission (KPK) has arrested the Regent of Muara Enim, Edison, during its twelfth sting operation of 2026. The operation resulted in the detention of ten individuals, including five government officials and five private sector representatives.

DPR Bill on Police Law: Retirement Age for Senior Officers Set at 60, 4-Star Generals May Get 1-Year Extension

The Indonesian House of Representatives (DPR) Commission III has agreed on a government proposal to differentiate retirement ages within the National Police. Under the revised law, lower-ranking officers will retire at 59, while commissioned officers will retire at 60, with a provision for 4-star generals to extend their service by one year.

Singapore pushes to become regional gold hub as demand for bullion rises

Singapore is positioning itself as a regional hub for gold trading and storage to attract investors from India, Indonesia, and Vietnam. The initiative aims to provide central banks with a neutral, secure alternative to traditional European and American storage centres amidst rising geopolitical uncertainty.

Indonesia eyes bigger export gains through global trade pacts

The Indonesian Ministry of Trade is collaborating with the Indonesian Chamber of Commerce and Industry (Kadin) to maximise the benefits of 25 existing international trade agreements. This strategic initiative aims to expand export market access and enhance the competitiveness of national businesses, particularly MSMEs, within the global supply chain.

UK Prime Minister considers social media ban for children under 16

British Prime Minister Keir Starmer is reportedly preparing to announce a ban on social media use for children under the age of 16. The proposed policy aims to implement restrictions on features such as infinite scrolling and push notifications, drawing inspiration from Australian regulatory frameworks.

Minister of Home Affairs Prohibits Regional Heads from Recruiting New Non-Permanent Staff

The Minister of Home Affairs, Tito Karnavian, has issued an instruction to all regional heads in Indonesia to halt the recruitment of new non-permanent workers (honorer) to prevent escalating personnel expenditure in regional budgets. The moratorium aims to alleviate the fiscal burden on local governments, most of which rely heavily on central government transfers.

Yusril Leads Consolidation Following Extortion Case Involving Silmy Karim and Others

The Coordinating Minister for Law, Human Rights, Immigration, and Correctional Affairs, Yusril Ihza Mahendra, has convened a meeting to reinforce bureaucratic integrity following a corruption scandal. The case involves allegations of extortion regarding foreign national stay permits, implicating several high-ranking immigration officials.

Emotional Moment as Nanik Weeps Following Inauguration by Prabowo as Head of National Nutrition Agency

President Prabowo Subianto has officially inaugurated several key officials, including Nanik Sudaryati Deyang as the Head of the National Nutrition Agency (BGN). The ceremony, held at the State Palace, saw an emotional reaction from Nanik during the presidential congratulations.

Minister of Hajj and Umrah Reminds Officials Not to Slack Off Despite End of Hajj Peak

The Minister of Hajj and Umrah, Mochamad Irfan Yusuf, has urged officials to remain diligent in serving pilgrims as the repatriation process begins. He emphasised that duties must continue until the final flight arrives in Indonesia to ensure a safe and orderly return.

IDX-Rupiah Both Decline at Market Close Today

The Jakarta Composite Index (IHSG) and the Rupiah both experienced significant declines at the close of trading on Monday, 8 June 2026. Market pressures include falling foreign exchange reserves, higher-than-expected inflation, and concerns regarding the fiscal impact of President Prabowo's political programmes.

Man from Makassar Appointed as Finance Minister of Thailand

Historical records reveal that Daeng Mangalle, a prince from the Gowa Kingdom, once served as the treasurer, or Finance Minister, of the Kingdom of Siam. The article explores his journey from South Sulawesi to Thailand and his eventual tragic end following political conspiracies.

Indonesia and Philippines Strengthen Bilateral Ties Through Strategic Countertrade Agreements

Indonesia and the Philippines have signed two significant tripartite MoUs to implement countertrade schemes, facilitating the exchange of raw materials for finished goods without relying on US dollar payments. These agreements, valued at US$50 million for textiles and US$300 million for steel, aim to stabilise trade amidst global currency fluctuations and preserve foreign exchange reserves.

BRI Introduces QRIS Cross-Border BRImo in China to Facilitate Easier Overseas Transactions

PT Bank Rakyat Indonesia (Persero) Tbk has expanded its QRIS Cross-Border feature to China, allowing BRImo users to make payments by scanning local QR codes. This initiative aims to provide a seamless, cashless transaction experience for Indonesian travellers while supporting Bank Indonesia's efforts to enhance international payment connectivity.