Indonesian Political, Business & Finance News

Archive: 8 June 2026

Showing 851-900 of 1,593 articles

Rupiah Weakens as US Dollar Surges Past Rp 18,180

The Indonesian Rupiah has hit a new record low against the US Dollar, reaching Rp 18,180 amid global uncertainty and strong US labour market data. While recent coordination between the Indonesian Parliament, Bank Indonesia, and the government aims to stabilise the currency, economists suggest these efforts may only mitigate pressure rather than reverse the trend.

Cartenz Task Force Arrests Firearm Intermediary for KKB Network in Sarmi

The Cartenz Operation Task Force, in collaboration with the Sarmi Police, has apprehended a man suspected of acting as a middleman for firearms and ammunition. The suspect is allegedly involved in supplying weapons to the Armed Criminal Group (KKB) network in the Sarmi Regency, Papua.

Ombudsman Dismisses Hery Susanto Dishonourably

The Ethics Council of the Indonesian Ombudsman (ORI) has issued a dishonourable dismissal for the inactive Chairman, Hery Susanto, following serious breaches of the code of ethics. This decision follows his designation as a suspect by the Attorney General's Office in connection with a nickel mining corruption case.

Reasons Behind the Dismissal of Ombudsman Chair Hery Susanto

The Ethics Council of the Indonesian Ombudsman has issued a heavy sanction involving the dishonourable dismissal of Chair Hery Susanto. The decision follows findings of serious ethical violations, including bias in handling reports and involvement in a nickel mining bribery scandal.

ITS Hosts COMSATS Forum to Strengthen Global South Research Collaboration

The Sepuluh Nopember Institute of Technology (ITS) is hosting the COMSATS international forum in Surabaya to bolster research cooperation in AI, robotics, and electric vehicles. The event aims to bridge the technological gap between developing nations through knowledge exchange and strategic innovation.

Minister of Population and Family Development: TPK Cadres Play Vital Role in Ensuring Free Nutritious Meal Programme Reaches Target Groups

The Minister of Population and Family Development, Wihaji, emphasised the crucial role of Family Assistance Team (TPK) cadres in ensuring the Free Nutritious Meal (MBG) programme effectively reaches pregnant women, breastfeeding mothers, and toddlers. The initiative, a priority of President Prabowo Subianto, aims to reduce stunting rates through direct community education and nutritional support.

Suhud Alynudin Appointed Chairman of Jakarta DPRD, Succeeding Khoirudin

Suhud Alynudin of the Prosperous Justice Party (PKS) has officially been inaugurated as the Chairman of the Jakarta Regional House of Representatives (DPRD) for the remainder of the 2024-2029 term. The transition follows a formal swearing-in ceremony and adheres to established regional regulations and party decrees.

Egg Prices Plummet, Ministry of Agriculture Urges SPPG to Absorb Local Farmers' Produce

The Indonesian Ministry of Agriculture has proposed increasing egg consumption within the Free Nutritious Meal (MBG) programme to combat falling prices, which have dropped to Rp 21,000 per kilogram. The Ministry has formally contacted the National Nutrition Agency to prioritise purchasing eggs from local poultry farmers for nutrition service units.

Rano hopes PKK strengthens role to improve family welfare

Jakarta Deputy Governor Rano Karno has called upon the Family Welfare Empowerment (PKK) movement to act as a strategic partner in enhancing community well-being. He emphasised the importance of the PKK's grassroots network in addressing social issues, such as reducing slum areas across the capital.

Boosting Investment Climate in Central Java: Customs Visits Kendal SEZ and Batang Integrated Industrial Estate

The Indonesian Directorate General of Customs and Excise has conducted monitoring visits to the Kendal Special Economic Zone (SEZ) and the Batang Integrated Industrial Estate (KITB) to strengthen synergy with zone managers. The initiative aims to optimise the use of customs facilities and ensure compliance with IT inventory systems to sustain a positive investment climate in Central Java.

Nvidia's Glory Collapses as Rp 23,000 Trillion Vanishes Instantly

Global semiconductor stocks experienced a massive sell-off, wiping out US$1.3 trillion in market value following concerns over AI chip demand. Major players including Nvidia, Micron, and Broadcom saw significant declines as investors reacted to disappointing quarterly reports and macroeconomic pressures.

Tidal Flood Warning Issued for Coastal Regions from 8-25 June

The Indonesian Agency for Meteorology, Climatology, and Geophysics (BMKG) has issued a warning regarding potential tidal flooding across various coastal areas in Indonesia. The phenomenon is expected to be driven by the Super New Moon on 15 June 2026, which may significantly increase maximum sea levels.

7 Nutrition Service Units in Banda Aceh Halt Free Nutritious Meal Operations Due to Unreleased Funds

Seven Nutrition Service Units (SPPG) in Banda Aceh have suspended operations for the Free Nutritious Meal (MBG) programme due to delays in operational funding from the National Nutrition Agency (BGN). While the BGN has denied any official instruction to halt services, local coordinators report that several kitchens lack the necessary funds to purchase raw materials.

Banyuwangi Regent States 'Sekolah Rakyat' Capacity to Reach 1,000 Students

The Regent of Banyuwangi, Ipuk Fiestiandani, has announced that the construction of the 'Sekolah Rakyat' educational complex is 75% complete. The modern, international-standard facility is designed to accommodate 1,000 students across primary, junior high, and senior high school levels.

Bandung Bride-to-Be Loses Tens of Millions of Rupiah to Fraudulent Wedding Organiser

A bride-to-be from Bandung has fallen victim to a fraudulent wedding organiser (WO) scam, resulting in the loss of millions of rupiah. The perpetrator has reportedly disappeared, leaving multiple victims facing significant financial losses just weeks before their scheduled ceremonies.

Agriculture Ministry probes 300 palm oil firms over FFB prices

The Indonesian Ministry of Agriculture has launched an investigation into approximately 300 palm oil companies for failing to increase fresh fruit bunch (FFB) purchase prices for farmers. The ministry has reported these firms to the National Police Food Task Force to ensure pricing complies with regional regulations and market conditions. This move aims to protect the welfare of oil palm farmers by enforcing fair pricing practices across the sector.

Tito Warns Governors and Regents: No More Non-Permanent Staff!

Minister of Home Affairs Tito Karnavian has issued a stern warning to regional governments against recruiting new non-permanent staff (honorer). He highlighted that such recruitment burdens regional budgets, particularly in areas reliant on central government transfers, and often involves incompetent personnel.

BN sees Johor snap polls as vehicle for 'blue wave' comeback nationwide, says chairman Zahid

Barisan Nasional (BN) chairman Ahmad Zahid Hamidi has identified the upcoming Johor snap election as a critical opportunity to revitalise the coalition's national influence. The coalition plans to contest all 56 legislative seats in the southern state, aiming to demonstrate its stability and governance capabilities ahead of future national contests.

Vale Wins Two Awards at HR Asia Best Companies to Work for in Asia Awards 2026

PT Vale Indonesia Tbk has secured two prestigious honours at the HR Asia Best Companies to Work for in Asia Awards 2026, recognising its excellence in human resource management. The awards highlight the company's commitment to talent development, inclusivity, and its role in supporting Indonesia's critical mineral downstreaming agenda.

Chronology of excavation explosion in Fatmawati injures two workers

An explosion occurred during excavation works on Jalan RS Fatmawati Raya, South Jakarta, resulting in burns to two workers. The incident happened when workers attempting to repair a water pipe accidentally struck a PLN electricity cable.

27 Houses and 2 Churches in North Sulawesi Damaged by Philippine Earthquake

A powerful 7.7 magnitude earthquake originating from the Philippines has caused structural damage to residential homes and public infrastructure in North Sulawesi. The National Disaster Management Agency (BNPB) is currently conducting assessments in the Sangihe and Talaud island regencies.

Palm Oil Fresh Fruit Bunch Prices Set to Rise by 10 Per Cent, Minister Amran Explains Reasons

Agriculture Minister Amran Sulaiman has announced that President Prabowo has ordered a 10 per cent increase in palm oil Fresh Fruit Bunch (TBS) prices to protect 15 million farmers. The move aims to align local prices with the rising global Crude Palm Oil (CPO) trends and the strengthening US Dollar.

Indonesian Immigration Imposes Lifetime Ban on US Fugitive Captured in Depok Bunker

The Directorate General of Immigration has issued a lifetime entry ban against an American citizen wanted for sexual abuse in the United States. The individual was apprehended while hiding in a bunker in Depok, West Java, following a coordinated effort between Indonesian authorities and US law enforcement.

Customs Seize Illegal Shipment of Second-hand Clothing Worth Rp 3.9 Billion

Indonesian Customs officials successfully intercepted a vessel carrying 427 bales of smuggled second-hand clothing from Malaysia. The operation, part of the 'Jaring Sriwijaya 2026' task force, aims to protect the domestic textile industry from unfair market competition and health risks.

STIQ Ar-Rahman Invites Quranic Studies Enthusiasts, Prepares Scholarship Programmes

STIQ Ar-Rahman has officially extended its new student admission period for the 2026/2027 academic year until 25 August 2026. The institution aims to provide broader access to higher education focused on Quranic studies, character building, and leadership development.

Papua Provincial Government Welcomes Healthcare Cooperation Opportunities with PNG

The Papua Provincial Government is exploring potential healthcare partnerships with Papua New Guinea to improve cross-border medical access. This initiative aims to establish Papua's hospitals as referral centres, potentially stimulating local economic growth through increased demand for tourism-related services.

Bahlil Explains Why Coal Export Duties Have Not Yet Been Decided

The Minister of Energy and Mineral Resources, Bahlil Lahadalia, has stated that discussions regarding coal export duties are currently on hold following an agreement with the Minister of Finance. The delay is due to the need to evaluate new export reporting mechanisms involving PT Danantara Sumberdaya Indonesia (DSI).

Indonesia Faces New 10% Trump Tariffs, Says Trade Minister

The Indonesian government is preparing for new US trade tariffs following an investigation by the Office of the United States Trade Representative (USTR) into forced labour and manufacturing overcapacity. While Indonesia has been proposed for a 10% tariff, the Trade Minister remains optimistic that ongoing negotiations can secure more favourable terms.

Criticising BI Policy, Economist Suggests Four Brazilian Tactics to Save the Rupiah

Economist Gede Sandra has warned that Bank Indonesia's recent interest rate hikes may be triggering capital outflows rather than stabilising the rupiah. Drawing parallels to Brazil's economic crisis in 2002, he suggests that current monetary policies are failing to align with the nation's positive fiscal performance.

Abdul Ghoni Reappointed to Lead DPP FORKABI for 2026-2031 Term

Abdul Ghoni has been re-elected as the leader of the Central Executive Board of the Betawi Children Communication Forum (FORKABI) for the 2026-2031 period. He pledged to strengthen the organisation's role as a strategic partner to the government and to preserve Betawi cultural heritage.

Visuals of Damage from Sangihe Earthquake: Churches Damaged and Residents' Houses Near Collapse

A powerful 7.7 magnitude earthquake has caused significant structural damage across the Sangihe Islands in North Sulawesi, affecting both residential homes and religious buildings. While the tsunami warning has been lifted by BMKG, local authorities are monitoring the aftermath as residents remain on alert for potential aftershocks.

XLSMART Brings Together Industry and Academia at BRAVO 500 Summit 2026

PT XLSMART Telecom Sejahtera Tbk is hosting the BRAVO 5/00 Summit 2026 to foster collaboration between industry leaders, government, and academics regarding Indonesia's digital transformation. The event will feature the introduction of ESTA Prime and discussions on the impact of AI on national business competitiveness.

Two Bridges in Tabanan to be Repaired This Year After Three Years of Severe Damage

The Tabanan Public Works and Housing Department has announced plans to reconstruct two severely damaged bridges using the 2026 regional budget. These structures, destroyed during the 2023 flash floods, are vital for maintaining local economic connectivity and community mobility.

Child in Jasinga Killed by Hunting Dogs; 57 People Under Investigation

Police in Bogor are investigating the death of a nine-year-old boy who was reportedly killed by wild boar hunting dogs in Jasinga. Authorities have questioned 57 individuals and seized 21 vehicles used to transport the hunting dogs as part of the ongoing investigation.

Sidoarjo Regional Civil Service Agency Launches 'BKD Sambang' to Bring Personnel Services Closer to Thousands of Civil Servants

The Sidoarjo Regional Government has introduced the 'BKD Sambang' innovation to provide direct administrative and consultancy services to civil servants across various regions. The programme aims to improve public service quality by bringing personnel management, regulatory updates, and career consultations directly to schools and health centres.

Ombudsman Ethics Council Dishonourably Dismisses Hery Susanto

The Ethics Council of the Indonesian Ombudsman (ORI) has issued a dishonourable dismissal for Hery Susanto following proven severe violations of the institution's code of ethics. The decision follows allegations from the Attorney General's Office that Susanto was involved in a bribery scheme related to nickel mining corruption.

Police Bill: Government and Parliament Agree on Provisions Regarding External Assignments

The Indonesian House of Representatives (DPR) and the Government have reached an agreement regarding the placement of police officers in positions outside the National Police force. The proposed amendment aims to allow officers to hold roles in various ministries provided the duties relate to policing functions, such as law enforcement and public order.

Government Tightens Supervision of Rice Field Expansion Programme in Kalimantan

The Indonesian Ministry of Agriculture has announced stricter monitoring for the rice field expansion programme in the Kalimantan region to ensure national food self-sufficiency. The initiative focuses on rigorous construction oversight and adherence to design specifications to prevent delays experienced in previous years.

Tobacco Industry as a Real Example of Downstreaming, Balanced Policy Needed

An expert from the Prasasti Center for Policy Studies has urged the Indonesian government to adopt a balanced approach to tobacco regulation, warning against policies that favour illegal cigarette producers. The industry, which supports 6 million workers, faces significant pressure from rising excise taxes and the potential market shift caused by the legalisation of cheaper, illegal products.

Golkar Targets Completion of Regional Bond Bill Academic Paper by August

The Golkar Party faction in the MPR aims to finalise the academic paper for the Regional Bond Bill by August this year. The party intends to submit the draft to the DPR for inclusion in the national legislative programme (Prolegnas) to facilitate regional financing.

Manager Fest 2026 Achieves Guinness World Records™ for Most Business Cards Collected in 8 Hours

The annual Manager Fest 2026 has officially entered the Guinness World Records™ for the highest number of business cards collected within an eight-hour period. Held in Jakarta, the event highlighted the enduring importance of human connectivity and professional networking amidst rapid digital transformation.

Head of National Nutrition Agency Nanik S. Deyang Holds Assets Worth Rp6.3 Billion

The newly appointed Head of the National Nutrition Agency (BGN), Nanik Sudaryati Deyang, has reported total assets of Rp6.3 billion in her latest wealth declaration. Her appointment follows legal proceedings against the previous head of the agency regarding the Free Nutritious Meal programme.

Teacher Rooms at SMAN 1 Lingsar in West Lombok Collapse Following Post-Earthquake Cracks

Two teacher rooms at SMAN 1 Lingsar in West Lombok collapsed in the early hours of Sunday following structural damage caused by a recent minor earthquake. The school faces significant financial losses and is implementing a shift-based learning system to manage the lack of usable facilities.

JCI Drops 4%: List of Foreign Net Buy and Net Sell Stocks

The Indonesia Composite Index (JCI) closed in the red during the first trading session on Monday, following significant foreign capital outflows. Foreign investors recorded a net sell of Rp325.3 billion, with Bank Central Asia (BBCA) seeing the largest divestment.

Medical Explanation Pending for Sleman Child Who Died Following CT Scan

The family of a three-year-old child who died after a CT scan at Prambanan Regional Hospital (RSUD) in Sleman has filed a police report alleging malpractice. While the hospital and local government seek to provide a medical explanation, legal counsel for the family is currently deliberating on a scheduled meeting.

Purbaya Proposes Expansion of LPDP Scholarships for Islamic Economics

Finance Minister Purbaya Yudhi Sadewa has proposed expanding the LPDP scholarship scheme to focus on cultivating talent within the Islamic economics sector. The initiative aims to strengthen Indonesia's global standing in Islamic finance by developing highly skilled human resources through structured educational programmes.

Trump Suddenly Considering Purchase of Strategic British Island, China Involvement Implicated

US President Donald Trump is reportedly considering an option to purchase the Chagos Islands from Mauritius to secure long-term control over the strategic Diego Garcia military base. The move aims to prevent potential Chinese intelligence activities in the region following the UK's plan to transfer sovereignty to Mauritius.

Explosion During Excavation in Fatmawati, South Jakarta, Suspected to be Caused by High-Voltage Cable

An explosion occurred during water pipe excavation works on Jalan Fatmawati Raya, South Jakarta, on Monday morning. The blast is believed to have been caused by workers accidentally striking a high-voltage PLN power cable, resulting in injuries to two labourers.

Agriculture Minister: President Demands 10% Increase in Palm Oil Fresh Fruit Bunch Prices to Match Global CPO Trends

Indonesia's Minister of Agriculture, Andi Amran Sulaiman, has announced that President Prabowo Subianto has ordered a 10% increase in Fresh Fruit Bunch (FFB) prices to align with rising global Crude Palm Oil (CPO) prices. The government intends to investigate hundreds of companies suspected of failing to adjust prices despite favourable global market conditions.

Cutting Supply Chains: Bahlil Tasks Lemigas to Import Crude Oil from Russia

Indonesia's Minister of Energy and Mineral Resources, Bahlil Lahadalia, has instructed Lemigas to manage crude oil imports from Russia as part of a 150 million barrel commitment. This strategic move aims to streamline the supply chain through government-to-government (G-to-G) transactions and enhance national energy security.