Indonesian Political, Business & Finance News

Archive: 8 June 2026

Showing 1,001-1,050 of 1,593 articles

Falling Foreign Exchange Reserves Make Investment in Indonesia Increasingly Risky

Economist Syafruddin Karimi warns that the declining trend in Indonesia's foreign exchange reserves, alongside a weakening Rupiah, could heighten investor risk perception. While reserves remain sufficient to cover several months of imports, the continuous depletion of funds to stabilise the currency poses a threat to economic fundamentals.

Rosneft CEO Warns of AI Bubble Risk and Global Electricity Surge

Rosneft CEO Igor Sechin has warned that the global economy faces a massive financial bubble driven by the overvaluation of artificial intelligence technology. The report highlights the critical need for energy security and infrastructure investment, particularly as Indonesia prepares to significantly expand its data centre capacity and electricity demand.

Ministry of Primary and Secondary Education Outlines Commitment to Improving Teacher Welfare Governance

The Indonesian Ministry of Primary and Secondary Education has announced several strategies to address teacher welfare, competency development, and workload imbalances. Key initiatives include accelerating professional certification and increasing the Teacher Professional Allowance (TPG) to Rp2 million per month.

300 Companies Under Investigation by Food Task Force for Failing to Raise Palm Oil Prices

The Indonesian Minister of Agriculture has reported approximately 300 palm oil companies to the National Police Food Task Force for failing to adjust Fresh Fruit Bunch (FFB) prices in line with market conditions. The investigation aims to ensure that farmers receive fair compensation and that companies are adhering to regional price regulations.

Malaysian authorities lift tsunami warning for Sabah coast

The Malaysian Meteorological Department has officially ended the tsunami warning for the Sabah coastline following a powerful earthquake in Mindanao, Philippines. Indonesian representatives in Kinabalu are closely monitoring the situation, as Sabah shares a direct border with North Kalimantan, Indonesia.

How the US Fugitive Hiding in a Depok Bunker Was Uncovered

Indonesian Immigration authorities have successfully apprehended a US citizen, AW, who was hiding in a bunker in Depok while evading sexual abuse charges in the United States. The breakthrough occurred after the suspect's wife approached Indonesian officials seeking assistance, leading to a coordinated operation with the US Embassy and US Marshals.

US Fugitive Arrested Hiding in Bunker in Sawangan, Depok

The Directorate General of Immigration has apprehended a US national who had been evading justice for years by hiding in a bunker in Depok. The individual, facing sexual abuse charges in the United States, had been using multiple identities since entering Indonesia in 2011.

This Profession Does Not Require a Bachelor's Degree but Pays Over Rp400 Million

Underwater welding is highlighted as a highly specialised technical profession that offers significant financial rewards without requiring a university degree. Despite the extreme physical risks and challenging environments, the scarcity of certified professionals ensures high demand in the global energy and maritime sectors.

Government Ensures DSI Will Manage Natural Resource Exports Through a Transparent Single-Door System

The Indonesian government has confirmed that PT Danantara Sumberdaya Indonesia (DSI) will act as the sole intermediary for natural resource exports starting from June 2026. The initiative aims to prevent illegal practices such as under-invoicing and transfer pricing to protect national revenue.

EastjakFest 2026 to be held to celebrate Jakarta's 499th Anniversary

The East Jakarta Food Security, Marine, and Agriculture Office (Sudin KPKP) is organising the East Jakarta Agriculture Festival (EastjakFest) 2026. The event aims to promote food security, urban farming, and community empowerment through various educational workshops and local SME bazaars.

Son-in-law Identified as Suspect in Poisoned Satay Case that Killed Bu Aminah

Police in Boyolali have named a 40-year-old man, PW, as the primary suspect in the poisoning death of Aminah. The suspect, who is the victim's son-in-law, allegedly sent the poisoned satay to the victim's residence.

House of Representatives Applauds Government Commitment to Maintain Subsidised Fuel and LPG Prices

A member of the Indonesian House of Representatives (DPR) has expressed support for the government's decision to freeze the prices of subsidised fuel and LPG until the end of 2026. The policy aims to protect public purchasing power and maintain national economic stability amidst global energy fluctuations.

OCBC Campus Hiring at UNM Attracts Large Number of Alumni, Bringing Job Opportunities Directly to Campus

Universitas Nusa Mandiri (UNM) recently hosted a campus hiring event in collaboration with OCBC to bridge the gap between graduates and the banking industry. The initiative, organised by the Nusa Mandiri Career Center, provided alumni with direct access to recruitment processes and interviews with the leading Indonesian bank.

Bareskrim Investigates DWP Management Regarding 2023 Whip Pink Promotion

Indonesia's Criminal Investigation Agency (Bareskrim) has summoned the management of Djakarta Warehouse Project (DWP) to investigate promotional activities involving 'Whip Pink' nitrous oxide. The investigation focuses on social media posts from 2023 that advertised free products in conjunction with the DWP festival.

State Secretary Receives Aspirations from Central Java Student Executive Body as Input for Government

State Secretary Prasetyo Hadi has met with representatives from the Central Java Student Executive Body (BEM SI) to discuss economic concerns, including the weakening Rupiah. The Minister emphasised that the government is working intensively through coordinated policies to address current economic challenges and provide certainty for businesses.

DPR Commission III and Deputy Minister of Law Hold Working Committee Meeting to Discuss Police Bill Draft

The Indonesian House of Representatives (DPR) Commission III and the Deputy Minister of Law and Human Rights have commenced discussions regarding the revision of the National Police Law. The meeting focused on establishing a strategy to review the list of identified problems (DIM) within the draft bill, prioritising simpler articles before tackling more complex legal issues.

Coal Production Quotas to be Set Flexibly Based on Market Prices

The Minister of Energy and Mineral Resources, Bahlil Lahadalia, has announced that coal production quotas within the Work Plan and Budget (RKAB) will be adjusted flexibly according to global market prices. The government aims to balance supply and demand by increasing production during price surges and controlling it during price declines to ensure stability for investors and the state.

Iran: Israeli Aggression Against Lebanon Will Be Met with Firm Response

The Iranian Embassy in Jakarta has issued a warning that any provocative or aggressive actions by the Zionist regime against Lebanon or Iran will be met with a decisive and devastating response. The statement follows recent military strikes by Iranian forces in northern Palestine and highlights tensions regarding maritime security and ceasefire violations.

As Xi Jinping Visits Pyongyang, Lee Jae Myung Asserts South Korea Must Not Surrender to Denuclearisation

South Korean President Lee Jae Myung has emphasised that his nation must remain committed to the denuclearisation of North Korea despite ongoing diplomatic deadlocks. He warned that pursuing independent nuclear weapons would trigger a regional arms race and expose South Korea's export-dependent economy to devastating international sanctions.

Adequate Parking Spaces Identified as Major Challenge in Jakarta

The Jakarta Provincial Government is facing significant difficulties in providing sufficient parking facilities to combat illegal parking across the capital. To address this, authorities are conducting joint operations involving various agencies to crack down on unauthorised parking and rogue parking attendants.

Following 1.5-Hour Meeting with Dasco, These are the 4 Key Points from Bahlil's Explanation

The Minister of Energy and Mineral Resources, Bahlil Lahadalia, has clarified the government's stance on mining regulations following discussions with parliamentary leaders. The Minister emphasised that existing regulations for the mineral and coal sectors will remain unchanged to ensure business certainty and support downstreaming initiatives.

24 Years of Humanitarian Service: From Indonesia to the World

The Indonesian Red Crescent (BSMI), the nation's largest Islamic community organisation, celebrates its 24th anniversary. The organisation highlights its extensive network across Indonesia and its significant international humanitarian contributions, including medical missions to Gaza and disaster relief in Turkey and Myanmar.

Aftershocks Still Threaten, North Sulawesi Disaster Management Agency Remains on Alert in Coastal Areas

The North Sulawesi Regional Disaster Management Agency (BPBD) has placed coastal regions on alert following a magnitude 7.7 earthquake. While tsunami warnings have been lifted, authorities remain vigilant due to ongoing aftershocks and reported minor damage to property and residents.

Debt repayments should not exceed 30 per cent of income

Financial planner Rista Zwestika advises that total monthly debt instalments should be capped at 30 per cent of income to ensure financial stability. Exceeding this threshold, particularly approaching 40 per cent, significantly increases the risk of financial distress amidst rising living costs.

Arab War Set Aside! China and North Korea Unite as Xi Jinping Meets Kim Jong Un

Chinese President Xi Jinping has arrived in Pyongyang to meet North Korean leader Kim Jong Un, signalling a strengthening of ties between the two nations. The meeting occurs amidst stalled nuclear negotiations with the United States and a shifting regional strategy where Beijing appears to prioritise regime stability over denuclearisation.

7.7 Magnitude Earthquake Shakes North Sulawesi; Three Injured and Two Houses Damaged in Sangihe

A powerful 7.7 magnitude earthquake struck the waters of North Sulawesi on Monday morning, triggering a tsunami warning for several regions in Indonesia. While the tsunami alert was later lifted, the tremor caused minor injuries and light damage to property in the Sangihe Islands.

NTT Governor Threatens to Dismiss Officials as Regional Revenue Reaches Only 20% in Six Months

The Governor of East Nusa Tenggara, Emanuel Melkiades Laka Lena, has threatened to remove officials who fail to meet regional revenue (PAD) targets. With current revenue achievement at only 20%, the Governor is demanding improved performance across all public service units and regional agencies.

Paediatric Specialist States Children May Consume Milk Until Adolescence

Paediatric specialist Professor Rini Sekartini has clarified that milk consumption is beneficial for children through to their teenage years to support growth. She highlighted the critical need to address malnutrition and stunting in Indonesia to prevent long-term health complications in future generations.

Foreign Currency Seized from Silmy Karim's Residence: Dollars, Euros, and Yen

The Corruption Eradication Commission (KPK) has seized various assets, including foreign currencies, luxury vehicles, and jewellery, during a raid on the home of former Deputy Minister of Immigration and Correctional Services, Silmy Karim. The investigation involves eight suspects facing charges related to extortion and gratification.

Facing Global Uncertainty, GAN Supports Economic Policy Consolidation

The Garuda Astacita Nusantara (GAN) central leadership has expressed support for the coordination between the Indonesian government, Bank Indonesia, and fiscal authorities to maintain national economic stability. This initiative aims to manage global economic pressures, control inflation, and stabilise the rupiah following its recent depreciation against the US dollar.

BNI achieves Best Workplace in Asia award

PT Bank Negara Indonesia (Persero) Tbk has been recognised as one of the Best Companies to Work for in Asia 2026 by HR Asia. The award highlights the bank's excellence in human capital management and its commitment to fostering a strong corporate culture.

Chronology of BMKG Issuing and Rescinding Tsunami Warnings in Indonesia Following Philippines Earthquake

The Indonesian Meteorology, Climatology, and Geophysics Agency (BMKG) has officially ended tsunami warnings following a powerful earthquake in the Philippines. While minor sea-level rises were detected in several North Maluku regions, no significant or dangerous tsunami waves were observed.

DayOne Data Centers Announces Final Closing of its Series C Equity Financing at US$4.5 Billion

DayOne Data Centers has successfully closed its US$4.5 billion Series C equity financing round, with participation from the Indonesia Investment Authority (INA). The capital injection is intended to accelerate the expansion of the digital infrastructure platform across key markets, including Indonesia, Singapore, and Malaysia.

Gojek Investigates Viral Incident of Ride-Hailing Driver Overcharging Passenger to Rp 400,000

Gojek is currently investigating a viral video involving an online motorcycle taxi driver who allegedly charged a passenger Rp 400,000 for a trip from Senayan to Bundaran HI. The company noted that the vehicle involved was not registered on their platform, as the transaction was conducted offline.

1:00 PM WIB: Rupiah Continues to Slump, US Dollar Approaches Rp18,200 Level

The Indonesian Rupiah has hit an all-time low against the US Dollar, approaching the Rp18,200 mark during midday trading. This depreciation occurs despite a slight weakening in the US Dollar Index, driven by global market uncertainty and seasonal domestic demand for foreign exchange.

Stella Christie: It is time for Jakarta to rely on science and technology

The Deputy Minister of Higher Education, Science, and Technology, Stella Christie, has emphasised the need to integrate science and technology into Jakarta's urban development to enhance public safety and comfort. She highlighted the potential for Jakarta to become an international talent hub through strengthened research and higher education collaborations.

Indonesia's Foreign Exchange Reserves Fall US$1.3 Billion as Rupiah Weakens

Bank Indonesia reported that foreign exchange reserves decreased to US$144.9 billion at the end of May 2026, driven by rupiah stabilisation measures and external debt payments. Despite the decline, the reserves remain sufficient to cover 5.6 months of imports, though the rupiah continues to face downward pressure amid investor concerns regarding government spending programmes.

Earning Money Becomes Increasingly Difficult, Fresh Graduates Need 20 Months to Find Work

A recent study by LPEM FEB UI reveals that Indonesian graduates face an average job search duration of nearly 20 months. The research highlights several critical barriers, including educational mismatches, lack of internship experience, and regional disparities in job availability.

Drug Trafficker Chase Drama in Lampung: Police Chief Thrown One Metre After Being Hit by Suspect's Vehicle

The Chief of Baradatu Police, AKP Sunaryo, was injured after a patrol vehicle was struck by a suspect's car during a drug enforcement operation in Way Kanan. While several suspects have been apprehended with significant quantities of methamphetamine, police are still pursuing the driver of the vehicle.

Expanding Technological Horizons: UBSI Pontianak Students Hold International Edutrip to UNIMAS Malaysia

Thirty-eight Information Systems students from UBSI Pontianak participated in an international educational trip to Universiti Malaysia Sarawak (UNIMAS) to explore advancements in digital learning and information systems. The programme included lectures on Electroencephalography (EEG) technology and visits to advanced research facilities focusing on AI and the Internet of Things.

Bappenas emphasises importance of synergy in strengthening palm oil upstream-downstream sectors

The Minister of National Development Planning has called for greater synergy between the upstream and downstream sectors to strengthen the palm oil agribusiness ecosystem. This initiative follows President Prabowo Subianto's directives regarding National Strategic Projects aimed at accelerating downstreaming and governance.

Incense Producer in Badung Reports Sluggish Demand Ahead of Galungan

An incense manufacturer in Badung, Bali, is experiencing a significant slowdown in orders despite the approaching Galungan festival. The producer noted that unlike previous years, there has been no surge in demand, leading to thinning profit margins and reduced production capacity.

BMKG Reports 20 Aftershocks Following Magnitude 7.7 Earthquake

The Indonesian Agency for Meteorology, Climatology, and Geophysics (BMKG) has recorded 20 aftershocks following a massive magnitude 7.7 earthquake originating near Mindanao, Philippines. The tremors were felt across several regions in North Sulawesi and surrounding provinces, though the tsunami warning has since been lifted.

Manggala Agni struggles to extinguish 108-hectare forest fire in Bengkalis

Firefighting teams from Manggala Agni are currently battling a 108-hectare forest and land fire in Tanjung Kapal, Bengkalis Regency. While light rain has aided the suppression efforts, fallen trees and logistical challenges continue to hinder access to the remaining hotspots.

Illegal Parking in Front of RSCM Central Jakarta Cleared, Parking Attendants Flee During Enforcement

The Jakarta Transportation Agency (Dishub) conducted enforcement operations across 15 locations to tackle illegal parking, including an incident where unauthorised parking attendants fled near RSCM Hospital. The agency plans to deploy permanent officers to the area and coordinate with the Manpower Office to provide vocational training for former illegal attendants.

Take Note! New BPJS Kesehatan Regulations for Follow-up Patients Starting June 2026

BPJS Kesehatan has introduced new regulations regarding follow-up appointments, requiring patients to adhere strictly to scheduled dates. The update also clarifies that monthly premiums remain unchanged and introduces mandatory health history screening for certain participants.

Payroll Becoming More Complex, Indonesian Companies Need to Strengthen HR Systems

As payroll processes in Indonesia grow increasingly intricate due to various regulatory requirements, companies are being urged to modernise their HR systems. Moving away from fragmented, manual processes towards integrated Human Resource Information Systems (HRIS) is essential to ensure compliance, data security, and operational accuracy.

Indonesian Foreign Ministry: No Indonesian Citizens Reported as Victims of 7.7 Magnitude Earthquake in Southern Philippines

The Indonesian Ministry of Foreign Affairs has confirmed that no Indonesian citizens or migrant workers have been reported as victims following a powerful 7.7 magnitude earthquake in Mindanao. Indonesian diplomatic missions in Davao and Malaysia are actively monitoring the situation and the welfare of citizens in the affected regions.

UI Doctor Suggests Reusable Plastic Containers Should Not Be Used for More Than One Year

Dr Djaja Surya Atmadja from the University of Indonesia warns that polycarbonate reusable water gallons should be replaced annually to prevent BPA leaching. He emphasises that manufacturers should take responsibility for withdrawing aged containers from the circulation to protect consumer health.

ITB Researchers Warn of Volcanic Awakening After Long Dormancy

Following the unexpected eruption of Ethiopia's Mount Hayli Gubbi, ITB researchers are highlighting the potential risks posed by dormant volcanoes in Indonesia. The study emphasises the need for better monitoring and public awareness, particularly as Indonesia hosts 16% of the world's volcanoes.