Indonesian Political, Business & Finance News

Archive: 8 June 2026

Showing 301-350 of 1,593 articles

Corruption in Prayer Robe Procurement: Two Former West Lombok Social Services Officials Face One-Year Prison Sentence

Two former heads of division at the West Lombok Social Services Department have been sentenced to one year in prison for corruption involving the procurement of prayer robes (mukena) and sarongs. The prosecution revealed that the scheme resulted in state losses of approximately Rp 1.7 billion due to inflated contract prices and irregular tender processes.

Partnering with Japanese Firm, Palu City Government Prepares Sensor Technology to Protect Infrastructure from Earthquakes

The Palu City Government is exploring a partnership with Japan's IMV Corporation to implement advanced seismometer technology for disaster mitigation. The initiative aims to strengthen early warning systems for earthquakes and tsunamis while protecting critical infrastructure assets.

DWP Denies Involvement with Whip Pink, Clarifies Circulating Logo and Promotions

The organisers of the Djakarta Warehouse Project (DWP) have denied any involvement in the promotion of Whip Pink, a nitrous oxide brand currently under investigation by the National Police. Management clarified that the use of the DWP logo in social media promotions was unauthorised and that the official accounts were not responsible for the content.

Following Inauguration, Said Iqbal Pushes for Abolition of Outsourcing in Labour Bill

Newly appointed Special Adviser to the President on Labour, Said Iqbal, has set a major agenda to eliminate or strictly limit the outsourcing system in the upcoming Labour Bill. He emphasises that economic growth must be accompanied by job security, income security, and social security to ensure equitable welfare for all workers.

Tidal Flooding Submerges Central Java's North Coast, Paralyzing Semarang-Demak Route

Severe tidal flooding, known as 'rob', has inundated several regions along the northern coast of Central Java, causing significant damage to homes, infrastructure, and aquaculture. The flooding has paralysed the vital Semarang-Demak transport artery and caused substantial economic losses, particularly in the fishing and farming sectors.

DWP Management Claims Name Was Misused in 'Whip Pink' Promotion During Police Investigation

The management of Djakarta Warehouse Project (DWP) has clarified to the National Police Criminal Investigation Agency (Bareskrim) that they had no involvement in the promotion of 'Whip Pink' nitrous oxide. The organisers claim the brand unauthorisedly used the DWP name to promote gas cylinder deals during the 2023 event in Bali.

Ministry of Villages Partners with Presidential Staff Office to Address Thousands of Underdeveloped Villages Across 30 Regencies

The Ministry of Villages and Underdeveloped Regions is collaborating with the Presidential Staff Office to implement strategic measures for approximately 5,000 underdeveloped villages. The initiative aims to improve essential infrastructure, including electricity, connectivity, and healthcare, to support the government's goal of economic equality and poverty eradication.

New Saudi rules could reshape Indonesia's 2027 hajj operations

New regulations from the Saudi Arabian government have introduced stricter medical staffing ratios and digital payment mandates for the 2027 Hajj season. The Indonesian Hajj organising team is now working to address shortages in medical personnel and is reviewing the feasibility of managing large pilgrim numbers under a single service provider.

Govt will relax on coal production quota

The Indonesian government plans to implement a measured relaxation of coal production quotas to capitalise on rising international coal prices. This policy aims to maximise profits for businesses and the state, following price surges driven by global geopolitical tensions.

Minyakita Scarcity Hits Gedhe Market in Klaten

The subsidized cooking oil, known as Minyakita, is facing significant shortages in Klaten's Gedhe Market due to limited supplies from Perum Bulog. Traders report that high consumer demand and price disparities between the regulated price and premium oils are driving the scarcity.

GAPKI: Uncertainty Over Single-Door Export Policy Pressures CPO and Palm Oil FFB Prices

The Indonesian Palm Oil Association (GAPKI) warns that market uncertainty following discussions on a single-door export policy is driving down crude palm oil (CPO) and fresh fruit bunch (FFB) prices. While market prices are fluctuating, GAPKI notes that partner farmers remain relatively protected due to regional price regulation mechanisms.

Entrepreneurs Warn of Potential Layoffs, Starting with Reduced Working Hours

The Indonesian petrochemical industry is facing significant pressure due to the influx of cheap imports from China and rising production costs. Industry leaders warn that while large-scale layoffs are not imminent, companies may first reduce working hours and production utilisation to maintain efficiency.

Iwan Koswara Collects Aspirations from Mustikasari Residents, Focusing on Infrastructure and Education

West Java Provincial Legislative Member Iwan Koswara has gathered community feedback regarding critical issues in Bekasi, including flooding and inadequate healthcare facilities. The discussions also highlighted concerns over rising school costs and the need for improved drainage systems in the Mustikasari area.

French lubricant brand introduces upgrades for two-stroke engines

French lubricant brand Motul has upgraded its two-stroke engine oil line, specifically the Motul 510 2T and Motul 710 2T products. The update focuses on meeting the high-level JASO FD M345 standard to ensure superior engine protection and performance.

Mobile Phone Shop Safe Burglarised in Tanah Grogot; Man Faces 7 Years in Prison

Police in Paser, East Kalimantan, have arrested a 37-year-old man for breaking into a mobile phone shop and stealing dozens of devices. The theft, which targeted the Riza Phone outlet, resulted in material losses exceeding Rp119 million.

KPK Sting Operation Involving Muara Enim Regent Held in Jakarta and South Sumatra

The Corruption Eradication Commission (KPK) has conducted a sting operation involving the Regent of Muara Enim, Edison, regarding alleged bribes related to procurement projects. Ten individuals, including five government officials and five private sector representatives, were apprehended during raids across Jakarta and South Sumatra.

Strategies for Managing School Holiday Budgets Amid Weakening Rupiah

As the 2025/2026 school holiday season approaches, financial experts advise parents to plan budgets carefully due to the depreciating Rupiah against the US Dollar. Careful allocation of funds is essential to ensure that holiday expenses do not jeopardise family financial stability.

Rp4 Trillion Share Buyback Planned; Telkom Indonesia to Distribute Rp21.9 Trillion in Dividends for 2025

PT Telkom Indonesia Tbk has approved a massive dividend payout of Rp21.9 trillion for the 2025 fiscal year following its Annual General Meeting of Shareholders. Additionally, the telecommunications giant plans to execute a share buyback programme worth up to Rp4 trillion to enhance shareholder value and stabilise stock prices.

Strengthening Sharia Investment Literacy: UIN Bandung Students Hold SPMS 2026

The Sharia Investment Gallery (GIS) of the Faculty of Economics and Islamic Business at UIN Sunan Gunung Djati Bandung organised the 2026 Sharia Capital Market School (SPMS). The programme aims to enhance students' competence in Sharia-compliant investment instruments, focusing on ethical wealth growth through transparent and halal methods.

Minister of Hajj and Umrah: Indonesia's 2027 Hajj Quota to Refer to 221,000 Pilgrims

The Indonesian Minister of Hajj and Umrah, Mochamad Irfan Yusuf, has announced that the 2027 Hajj quota will be based on the current figure of 221,000 pilgrims. The plan also involves meeting new Saudi Arabian standards for medical staff ratios and increasing the use of digital services via the e-Nusuk application.

Indonesia Foreign Exchange Reserves Fall to $144.9 Billion in May Amid Debt Payments

Indonesia's foreign exchange reserves decreased by $1.3 billion to $144.9 billion at the end of May 2026, driven by government debt repayments and bond issuances. Despite this decline, Bank Indonesia maintains that the current reserve level remains sufficient to ensure macroeconomic stability and cover over five months of imports.

Police Question Three Project Leaders Following Fatmawati Excavation Explosion

Police are investigating an explosion that occurred during excavation works on Jalan Fatmawati Raya, South Jakarta, which left two workers seriously injured. Three project supervisors have been questioned as witnesses to determine the cause of the incident involving high-voltage cables.

Jakarta Regional Council Ensures Welfare Programmes Continue Despite Budget Efficiencies

The Jakarta Regional House of Representatives (DPRD) has pledged to protect social welfare programmes from budget cuts amidst significant fiscal pressure. Despite a deficit and reduced revenue sharing, essential services such as student aid and flood prevention are expected to remain prioritised.

Danantara plans to establish aircraft leasing company

Danantara is currently evaluating the possibility of launching its own aircraft leasing firm to support national aviation needs. This initiative follows a trade agreement with the United States that involves the procurement of 50 Boeing aircraft for Garuda Indonesia.

Ethics Council: Hery Susanto Directed Free Nutritious Meal Programme Not to be 'Touched'

The Ethics Council of the Indonesian Ombudsman has revealed that inactive Chairman Hery Susanto instructed staff not to investigate the government's Free Nutritious Meal (MBG) programme. This revelation comes amid Hery's dismissal following allegations of involvement in a nickel mining corruption case.

Officially Inaugurated, Nanik Focuses on Budget Efficiency and Reorganising MBG Recipients

The newly inaugurated Head of the National Nutrition Agency (BGN), Nanik Sudary Emaryati Deyang, has announced a strategic focus on budget efficiency and the refocusing of the Free Nutritious Meal (MBG) programme. Key measures include a moratorium on new kitchen openings and a shift in priority towards students from lower-income backgrounds to ensure targeted nutritional intervention.

Said Iqbal's Promise After Being Appointed Presidential Advisor: To Analyse Wage Increases

Newly appointed Presidential Special Advisor for Labour and Worker Welfare, Said Iqbal, has pledged to conduct a comprehensive analysis of wage increase policies. The study will focus on developing an appropriate calculation formula that considers inflation, economic growth, and the impact on employment absorption.

Dollar Hits Rp18,180, Purbaya Remains Confident Rupiah Can Strengthen Again

Finance Minister Purbaya Yudhi Sadewa expressed optimism that the Indonesian Rupiah will recover in the near future despite its recent decline against the US Dollar. He noted that while the currency has hit a new low, there remains significant potential for strengthening as Bank Indonesia works to stabilise the exchange rate.

Ministry of Hajj: 2027 Hajj Quota to Remain at 221,000 People

The Indonesian Minister of Hajj and Umrah has announced that the 2027 Hajj quota will continue to be based on the current figure of 221,000 pilgrims. This decision follows a timeline received from Saudi Arabian authorities, which outlines essential preparation stages and medical staffing requirements.

KPK Detains Two Suspects in Hajj Quota Corruption Case: Ismail Adham and Asrul Azis

The Corruption Eradication Commission (KPK) has detained two individuals, Ismail Adham and Asrul Azis Taba, in connection with a major corruption scandal involving Hajj quotas. The investigation, which has already implicated the former Minister of Religious Affairs, involves an estimated state loss of Rp622 billion.

Reason for Indonesia's Healthcare Worker Crisis: Health Minister Reveals 1,000 Doctors Failed Competency Tests Three Times

Health Minister Budi Gunadi Sadikin has identified high failure rates in competency examinations as a primary cause of Indonesia's medical professional shortage. Approximately 1,000 doctors have reportedly failed the Indonesian Health Council (KKI) tests three times, prompting calls for better medical education quality and exam reforms.

Two Teenagers Hanging Out in Karawang Become Victims of Misdirected Brawl, Sahroni Raises Safety Concerns

Two teenagers in Karawang were victims of a violent robbery and assault after being mistaken for rival gang members during a brawl. Ahmad Sahroni, Deputy Chairman of Commission III of the House of Representatives, has called on the Karawang Police to take decisive legal action against the perpetrators to ensure public safety.

Soybean Prices Hit Rp12,500 per Kilogram, Leaving Tempeh Producers in Distress

The price of soybeans, a primary raw material for tempeh production, has surged to between Rp12,000 and Rp12,500 per kilogram. This price hike is attributed to the weakening of the Indonesian Rupiah against the US Dollar, significantly increasing production costs for local artisans.

National Nutrition Agency to Include Nutrition Experts and Paediatricians in Advisory Board

The Head of the National Nutrition Agency (BGN), Nanik S. Deyang, has announced plans to appoint nutrition professors and paediatricians to the agency's Advisory Board. This move aims to provide expert guidance for the implementation of the Free Nutritious Meal (MBG) programme.

Minister of Home Affairs opposes dismissal of PPPK and honorary workers

The Minister of Home Affairs, Muhammad Tito Karnavian, has stated that the government does not wish to pursue the dismissal of Government Employees with Work Agreements (PPPK) and honorary staff. He emphasised the need for regional governments to manage personnel spending through increased local revenue rather than through workforce reductions.

Despite Exports via DSI, Bahlil Confirms Coal Royalties Remain Based on HBA

The Minister of Energy and Mineral Resources, Bahlil Lahadalia, has clarified that coal royalty obligations will remain unchanged and continue to follow the Coal Reference Price (HBA). This statement comes as the government transitions natural resource exports through a single-door system via PT Danantara Sumberdaya Indonesia (DSI).

Purbaya Confirms Three Tiffany & Co Stores Can Resume Operations

Finance Minister Purbaya Yudhi Sadewa has announced the unsealing of three Tiffany & Co outlets following a customs enforcement action. The luxury retailer has committed to complying with Indonesian tax and import regulations to ensure future business continuity.

Boosting Trading Liquidity: Indonesia Stock Exchange Collaborates with Broker Members on Stock Liquidity Provider Programme

The Indonesia Stock Exchange (IDX) has implemented a Stock Liquidity Provider (LP) programme to enhance trading quality, efficiency, and transparency. The initiative, involving broker members such as Phintraco Sekuritas and Mandiri Sekuritas, has already demonstrated significant increases in daily transaction values for participating stocks.

Purbaya Meets Head of Bappenas to Discuss Preparations for Tomorrow's Plenary Session

Finance Minister Purbaya Yudhi Sadewa met with the Minister of National Development Planning to finalise materials for the upcoming DPR RI Plenary Session regarding the 2027 Macroeconomic Framework and Fiscal Policy. The discussions focused on accelerating government spending and ensuring regional economic growth in alignment with President Prabowo Subianto's directives.

KPK Reveals Sting Operation Against Muara Enim Regent Linked to Procurement

The Corruption Eradication Commission (KPK) has confirmed that the sting operation involving the Regent of Muara Enim, Edison, is related to local government procurement. The operation resulted in the arrest of ten individuals, including government officials and private sector representatives.

Ramada by Wyndham Serpong Strengthens Business Partnerships through Corporate Gathering

Ramada by Wyndham Serpong hosted a corporate gathering titled 'Confidence is The New Beauty' to foster long-term relationships with business partners across various sectors. The event combined professional networking with wellness and beauty education, featuring participation from major institutions such as Bank BJB and Siloam Hospital.

Latest Android Smartphone King: Lesser-Known Chinese Brand Takes Top Spot

The latest AnTuTu benchmark rankings for May 2026 reveal the Red Magic 11S Pro+ as the world's most powerful Android smartphone. The list highlights the dominance of Qualcomm's Snapdragon 8 Elite Gen 5 chipset and the strong market presence of Vivo and its sub-brand iQOO.

Boven Digoel Police 'Trauma Healing' Team Accompanies Displaced Persons Affected by KKB

The Boven Digoel Police have deployed a trauma healing team to assist 235 displaced residents from the Manggelum District. The displacement follows an attack by the Armed Criminal Group (KKB), which involved the burning of educational facilities and residential homes.

Bali-St. Petersburg ties stronger cooperation: Governor Koster

Bali Governor Wayan Koster has expressed commitment to strengthening bilateral ties with St. Petersburg, focusing on tourism, education, and potential investment. The discussions with the Russian delegation emphasised the importance of adhering to local regulations and fostering two-way tourism promotion between the two regions.

Tender Announcement for Wastewater Treatment Plant Construction in Cakung Area, PT Kawasan Berikat Nusantara

PT Kawasan Berikat Nusantara has announced a tender for the construction of a wastewater treatment plant with a capacity of 450 m3/day at the Cakung area. The procurement process will be conducted via e-procurement between 8 and 12 June 2026.

Four Districts in Tabanan Face Pig Supply Deficit Ahead of Galungan and Kuningan

Four districts in Tabanan are experiencing a shortage of pig supplies in preparation for the upcoming Galungan and Kuningan holidays. To address the deficit, the Tabanan Agriculture Office is implementing an inter-district distribution scheme to move surplus livestock from neighbouring areas.

Drop! Indonesian Crude Price (ICP) Falls to US$ 106.56/Barrel in May 2026

The Indonesian Ministry of Energy and Mineral Resources has announced a significant decrease in the Indonesian Crude Price (ICP) for May 2026. The decline is attributed to easing geopolitical tensions in the Middle East and a weakening global demand for oil.

National Nutrition Agency Evaluates Free Nutritious Meal Kitchen Distribution and 63 Million Beneficiary Target

The Head of the National Nutrition Agency (BGN), Nanik S. Deyang, has announced a moratorium on opening new kitchens to focus on budget efficiency and service quality. The agency plans to re-evaluate the distribution of existing kitchens and refine the target number of beneficiaries to ensure aid reaches those most in need.

Palm Oil Farmers Welcome Minister of Agriculture's Steps to Recover FFB Prices

Palm oil farmers across various Indonesian provinces have expressed optimism regarding the Minister of Agriculture's efforts to stabilise Fresh Fruit Bunch (FFB) prices. The initiative aims to ensure that the benefits of rising global CPO prices reach smallholders and to prevent price manipulation by middlemen.

PDIP Provides Copies of Jokowi's Diploma to YouTuber Mikhael Sinaga

The PDI Perjuangan (PDIP) party has confirmed the release of President Joko Widodo's nomination documents, including his high school and university diplomas, to YouTuber Mikhael Sinaga. The documents were provided following a formal request made under the Public Information Disclosure Act for research purposes.