Indonesian Political, Business & Finance News

Archive: 8 June 2026

Showing 401-450 of 1,593 articles

Redmi K100 Leaks: Rumoured to Launch in September 2026

Speculation is growing regarding the upcoming Redmi K100, Xiaomi's anticipated successor in the 'flagship killer' series. Leaks suggest a strategic release date in September 2026, targeting high-performance users with competitive pricing.

Hajj Pilgrims from Padang Group 04 Arrive in Padang, Two Deceased in the Holy Land

The Hajj group PDG 04 from the Padang embarkation has returned to Minangkabau International Airport, following the deaths of two pilgrims in Saudi Arabia. The arrival of the 386 pilgrims was met by officials from the Ministry of Hajj and Umrah, noting the challenges faced by limited staff during the mission.

Yogyakarta Health Office Confirms No Hantavirus Cases Found Until May 2026

The Yogyakarta City Health Office has confirmed that no Hantavirus cases have been detected between January and May 2026. Despite the absence of recent cases, health officials are urging public vigilance due to the zoonotic nature of the virus and the lack of specific medical treatments.

Danantara Dismisses Reports of PLN Board Shake-up as Hoax

Dony Oskaria, the Chief Operating Officer of Danantara, has clarified that rumours regarding a reshuffle of PT PLN (Persero) directors are false. He noted that the company has not yet held its General Meeting of Shareholders (RUPS), which is scheduled for June 2026.

Bank Value Economist Advises Maintaining Balance Amid Market Volatility

Josua Pardede, Chief Economist at Permata Bank, suggests that the banking industry must balance credit growth with prudence to navigate recent financial market volatility. He emphasises that while banks should avoid excessive aggression, they must also ensure they do not hinder economic financing by being overly defensive.

Dompet Dhuafa Ambulances Continue Mobilising to Evacuate Palestinian Citizens

Dompet Dhuafa's ambulance units are providing critical medical evacuations amidst ongoing heavy bombardment in Gaza. The humanitarian initiative, supported by Indonesian public donations, continues to transport the wounded and deceased despite the extreme risks posed by ongoing military operations.

East Aceh Regency Accelerates Distribution of Stimulus Funds for Houses Damaged by Disasters

The East Aceh Regency government is fast-tracking the distribution of stimulus funds to assist flood victims in repairing damaged homes. Total realised aid has reached Rp118.9 billion, aimed at ensuring affected communities can return to safe and decent housing.

PT PAL Establishes Maritime Cooperation with Russian Company

PT PAL Indonesia has entered into a strategic partnership with Russia's Ak Bars Shipbuilding Corporation to develop maritime-based energy power plants and enhance maritime connectivity. The collaboration includes the signing of a Non-Disclosure Agreement (NDA) to facilitate information exchange regarding commercial and special-purpose vessels.

Appointed as Presidential Advisor, Said Iqbal Vows to Prepare Analysis for Decent Wage Increases

Said Iqbal, Chairman of the Labour Party and KSPI, has been officially appointed as the Special Presidential Advisor for Labour Affairs and Welfare. He intends to conduct deep policy analyses regarding wage increases to ensure they reflect the real cost of living while maintaining business sustainability.

Illegal Gold Mine in Gunung Botak Uncovered, Evidence Found

The Ministry of Energy and Mineral Resources has escalated an investigation into illegal gold mining activities in Gunung Botak, Buru Regency, to the prosecution stage. Authorities have uncovered evidence of unauthorised infrastructure development and the suspected use of foreign workers in the area.

Earth's Rotation Changes Drastically Due to China, NASA Responds

NASA scientists have confirmed that the massive Three Gorges Dam in China is influencing the Earth's rotation by altering its mass distribution. The accumulation of 40 billion tonnes of water has caused a measurable shift in the planet's angular momentum, affecting the length of a day and the Earth's axis.

BTN allocates Rp53.6 billion in Housing Program Credit in Bali to support three million houses initiative

PT Bank Tabungan Negara (Persero) Tbk has disbursed Rp53.6 billion in Housing Program Credit (KPP) in Bali to support the government's national target of providing three million houses. The credit is distributed through schemes targeting both housing developers and individual MSMEs to facilitate land acquisition, construction, and renovations.

Ombudsman Ethics Council: Hery Susanto Committed Serious Ethical Violations

The Ethics Council of the Indonesian Ombudsman (ORI) has found inactive Chairman Hery Susanto guilty of serious breaches of the institution's code of ethics. The findings include allegations of conflict of interest, unauthorised interventions, and involvement in a bribery case related to nickel mining.

Reconstruction of Little Aresha Daycare Violence Case to be Held Tomorrow

The Yogyakarta Police, alongside the District and High Prosecutors' Offices, are set to conduct a crime scene reconstruction regarding the alleged violence at the Little Aresha Daycare. The proceedings will involve the suspects to clarify the events surrounding the incident.

Mekeng Urges Acceleration of Regional Bond Law, Investors Require Certainty

The Golkar Party Faction of the MPR RI is calling for the urgent enactment of a Regional Bond Law to provide legal certainty for investors and local governments. Experts suggest mirroring the success of the State Treasury Bill (SUN) framework and implementing state guarantees to boost market confidence and regional development funding.

Andre Rosiade Urges Decisive Action Against Disruptors of Sitinjau Lauik Flyover Project

Deputy Chairman of Commission VI DPR RI, Andre Rosiade, has called for strict law enforcement following recent intimidations and disruptions at the Sitinjau Lauik Flyover construction site. The National Strategic Project has faced delays due to unauthorised land claims and threats to workers, prompting calls for increased police presence to protect vital infrastructure.

Indonesia Builds Maritime Partnerships From Busan to Tokyo

Indonesia is actively expanding its naval diplomacy and maritime security partnerships with nations including South Korea, Japan, and the Netherlands. These strategic engagements aim to strengthen maritime defence cooperation and safeguard sovereignty in contested waters such as the North Natuna Sea.

Bank Indonesia releases weekly money market yield curve publications

Bank Indonesia has announced that it will publish money market yield curve data every Monday to enhance price transparency and efficiency in the domestic market. The publication includes weighted average prices and volumes for repurchase agreements and Bank Indonesia Rupiah Securities (SRBI).

Nanik S. Deyang Moved to Tears During Inauguration as Head of National Nutrition Agency by Prabowo

President Prabowo Subianto has officially inaugurated Nanik Sudaryati Deyang as the Head of the National Nutrition Agency (BGN). The appointment includes two deputies, focusing on the implementation of the Free Nutritious Meal programme across Indonesia.

Telkom Annual General Meeting Approves Changes to Board of Commissioners

PT Telkom Indonesia Tbk has announced a reshuffle in its Board of Commissioners during its Annual General Meeting of Shareholders (RUPST). The company also approved a cash dividend distribution of Rp21.9 trillion and a share buyback programme worth up to Rp4 trillion.

Frans Seda Maumere Airport Remains Closed Due to Mount Lewotobi Eruption

Frans Xaverius Seda Airport in Maumere remains closed as of Monday due to the ongoing volcanic activity of Mount Lewotobi Laki-laki. The eruption has also led to flight cancellations at El Tari International Airport in Kupang due to volcanic ash dispersal.

Regional govt offers IPRO to support RI's new capital IKN

The North Penajam Paser District government is promoting investment projects ready to offer (IPRO) to support the development of Indonesia's new capital, IKN. Key sectors targeted for growth include water resources, agriculture, and tourism, with the district aiming to secure Rp3.4 trillion in investment this year.

Health Minister: Indonesia Faces Shortage of 93,000 General Practitioners

Indonesia is projected to face a deficit of 93,200 general practitioners by 2032, according to Health Minister Budi Gunadi Sadikin. The shortage stems from a gap between the projected national requirement of 255,420 doctors and an expected supply of only 162,220.

Jakarta Man Caught Stealing Rare Pitcher Plants at Bogor Botanical Gardens

A man from Jakarta has been apprehended after being caught on CCTV stealing rare, protected pitcher plant species from the Bogor Botanical Gardens. The suspect, identified by the initials JE, allegedly stole the specimens to add to his private collection.

Small Industries Affected by Sumatra Floods to Receive Rp 329 Billion

The Indonesian Ministry of Industry has announced a recovery plan for over 8,000 small industries impacted by the late 2025 floods in Sumatra. The multi-year programme, spanning 2026 to 2028, involves a total budget of approximately Rp 329.4 billion to provide machinery, raw materials, and technical assistance.

Association Welcomes Coal Production Relaxation Amid Rising Mining Cost Pressures

The Indonesian Mining Association (API-IMA) has expressed support for the Ministry of Energy and Mineral Resources' plan to implement measured coal production relaxation. The move aims to alleviate the financial burden on mining companies facing rising operational costs driven by a strengthening US Dollar.

Presidential Adviser Said Iqbal prepares policy analysis on wage increases

Newly appointed Presidential Special Adviser for Labour and Workers' Welfare, Said Iqbal, intends to conduct a comprehensive policy analysis regarding wage hike formulas. The study will focus on the impact of wages on employment absorption and the necessity of meeting basic living standards, including housing affordability.

Ethics Council Dismisses Ombudsman Chair Hery Susanto; Palace: We Respect the Decision

The Ethics Council of the Indonesian Ombudsman has dismissed Chairman Hery Susanto from his position following proven serious violations of the code of ethics. The State Secretary's Office has stated that the government respects the council's decision and will follow up with the necessary Presidential Decree.

AKSI Digital Initiative Complements PP Tunas Efforts to Protect Children in Digital Spaces

Google and YouTube have launched the 'Digital Well-being Guidebook' as part of their AKSI Digital initiative to safeguard children online. Developed in collaboration with the Indonesian Ministry of Communication and Digital and medical experts, the programme also includes training for 2,500 school guidance counsellors.

Yogyakarta City Government Accelerates Malioboro's Transition to Bentor-Free Zone, Supported by KAI's Rp1 Billion Electric Rickshaw Initiative

The Yogyakarta City Government is intensifying efforts to replace motorised rickshaws (bentor) with electric rickshaws to establish a Low Emission Zone in the Malioboro area. Supported by a nearly Rp1 billion CSR contribution from PT KAI, the city aims to expand the electric rickshaw fleet to 900 units by 2028.

Bahlil Ensures Balance Between Downstream Factory Capacity and Mining Work Plans

Indonesia's Minister of Energy and Mineral Resources, Bahlil Lahadalia, has pledged to synchronise mining production quotas with the capacity of downstream smelters to protect investments. This follows government decisions to reduce nickel ore production targets for 2026 to stabilise global prices and preserve national reserves.

Google and YouTube Launch Mental Health Guide for Adolescents in the Digital Space

Google and YouTube have collaborated with medical experts and universities to launch a Digital Wellbeing Guidebook aimed at protecting teenagers from psychological risks online. The initiative supports the Indonesian government's new regulations on child protection in electronic systems and includes training for school counsellors.

Ministry of Religious Affairs and NTB Provincial Government Hand Alleged Burning of Three Students to Police

Authorities in West Nusa Tenggara have handed the investigation of an alleged burning incident involving three Islamic boarding school students to the police. The incident resulted in one fatality and left two others with severe burns, prompting government agencies to coordinate medical, psychological, and social support for the survivors.

Strengthening National Energy Security: Bamsoet Urges Indonesia-Russia Oil and Gas Cooperation

Member of Parliament Bambang Soesatyo has called for enhanced oil and gas cooperation between Indonesia and Russia to bolster national energy security. The proposed partnership aims to encompass crude oil supply, refinery development, and technology transfer to address Indonesia's growing energy deficit.

Palace Reveals Reasons for Appointing Said Iqbal as Special Presidential Advisor

The State Secretary has explained that the appointment of labour leader Said Iqbal as Special Advisor on Labour and Worker Welfare aims to establish a more direct communication channel between the government and the working class. This strategic move is intended to bypass bureaucratic hurdles and ensure labour aspirations are addressed effectively within the current economic climate.

Pegadaian Consistently Delivers Leading Services, Here is the Proof!

PT Pegadaian has reported a significant 40% increase in net profit, reaching approximately Rp 8.3 trillion, driven by its digital transformation and expansion into gold investment services. The company continues to dominate the national pawn market with an 80% market share and serves over 19 million customers across Indonesia.

Telkom AGM Approves Rp21.9 Trillion Dividend and Rp4 Trillion Share Buyback

PT Telkom Indonesia Tbk has announced the approval of a Rp21.9 trillion cash dividend for the 2025 fiscal year and a share buyback programme worth up to Rp4 trillion. The company aims to balance shareholder returns with long-term investment needs while maintaining its focus on digital transformation.

BKSDA Releases Sun Bear Previously Trapped in Aceh Jaya

The Aceh Natural Resources Conservation Agency (BKSDA) has successfully released a female sun bear back into its natural habitat in Aceh Jaya. The animal was rescued after being found caught in a snare within a local plantation and has since been declared healthy following medical treatment.

Furniture Industry Leaders Wary of Weak Rupiah, Preparing for Potential Layoffs?

The Indonesian furniture and craft industry is facing increased pressure due to the weakening Rupiah and global economic challenges. While large-scale layoffs are not yet inevitable, industry leaders are adopting a cautious approach by limiting expansion and focusing on production efficiency to protect cash flow.

Ministry of Environment imposes sanctions on 3,000 companies for environmental non-compliance

The Indonesian Minister of Environment has revealed that approximately 3,000 companies and 447 local governments have faced sanctions for failing to adhere to environmental regulations. The Minister emphasised a balanced approach, seeking technological solutions for industrial pollution to protect livelihoods while maintaining environmental standards.

Corruption Scandal Surrounding Free Nutritious Meal Programme

A suspect in the Free Nutritious Meal (MBG) programme corruption case has expressed intention to become a justice collaborator, alleging that various political elites sought preferential treatment. The suspect claims that requests for kitchen service units were funneled through high-ranking officials and involved members of the executive and legislative branches.

BI Rate Hike: OJK Warns Multifinance Companies to Strengthen Credit Mitigation

The Financial Services Authority (OJK) has advised multifinance companies to bolster their credit risk mitigation strategies following the Bank Indonesia rate hike. The regulator highlighted the potential impact of rising interest rates on debtor repayment capabilities and the increased cost of funding through bond issuances.

Prabowo Inaugurates Nanik Deyang and Said Iqbal

President Prabowo Subianto has officially inaugurated new leadership for the National Nutrition Agency (BGN) and appointed a special advisor for labour affairs. The new appointments follow the dismissal of previous officials implicated in corruption allegations.

Hajj and Umrah Pilgrims' Passports Found Scattered in BSD Tangsel; Immigration Investigating

Immigration authorities are investigating the discovery of numerous passports, believed to belong to Hajj and Umrah pilgrims, scattered along a road in BSD, South Tangerang. Officials suspect the documents may have been intentionally discarded and are currently tracing the owners through national databases.

Cilegon Transport Department Organises and Re-evaluates Public Minibus Route Permits

The Cilegon City Transport Department has conducted an operation to re-verify and re-register public minibus routes within the region. The initiative aims to ensure all public transport vehicles are administratively compliant and operating strictly within their designated routes.

Government and Philippine military deploy teams to handle 7.8 magnitude earthquake

The Philippine government and military have mobilised rescue operations following a devastating 7.8 magnitude earthquake that struck Sarangani and surrounding provinces. At least 19 fatalities have been reported, with several individuals still missing in General Santos City.

Rumours of Touchscreen MacBook Ultra Suggesting a Release This Year

Recent reports suggest Apple may be reconsidering its long-standing stance against touchscreen laptops with the potential introduction of a 'MacBook Ultra'. While enthusiasts await the device's debut, analysts remain divided on whether the release will occur this year or much later in the decade.

15 Apps Serving as Entry Points for M-Banking Thieves Downloaded by 2 Million Indonesians

A cybersecurity report from McAfee has identified 15 malicious applications designed to steal sensitive financial data and personal information. Three of these fraudulent loan apps have been downloaded by 2 million users in Indonesia, prompting urgent warnings for mobile banking users.

Bappenas Urges Comprehensive Regulatory Framework in Strategic Commodities Bill

The Indonesian National Development Planning Agency (Bappenas) is calling for a unified regulatory framework within the Draft Law on Strategic Commodities to address issues across the entire value chain. The agency aims to tackle challenges ranging from low productivity and high production costs to limited industrialisation and investment hurdles.

Bobby Nasution Urges PLN North Sumatra to Provide Compensation for Residents Affected by Blackouts

North Sumatra Governor Muhammad Bobby Nasution has called on PT PLN to compensate residents and small businesses impacted by recent rolling blackouts. He criticised the utility company's lack of transparent communication regarding the power outages caused by damaged transmission towers.