Indonesian Political, Business & Finance News

Archive: 14 July 2026

Showing 1,301-1,350 of 1,599 articles

Dr Icha Case a Reminder of the Importance of Protecting Healthcare Workers from Intimidation

The National Commission on Violence Against Women has stated that the death of Dr Icha highlights the urgent need to protect healthcare workers from intimidation and abuse of power, not just through medical service standards. The commission is calling for a thorough investigation into alleged verbal intimidation by local council members, which it classifies as a form of psychological violence. It has urged law enforcement and the local council's ethics body to act transparently and for the government to integrate gender equality perspectives into public service governance.

Expert: Cases at the Prosecutor's Office Unaffected by Acting Jampidsus Appointment

A legal expert has stated that the vacant position of Junior Attorney General for Special Crimes (Jampidsus) will not disrupt the handling of major corruption cases, as the role is primarily policy formulation rather than operational prosecution. The assurance comes amid public scrutiny and parliamentary pressure for the Attorney General to nominate a permanent replacement. The State Secretary has confirmed that the appointment awaits a formal proposal from the Attorney General to the President.

S&P Rating Boost Keeps Jakarta Stocks Above 6,000 at Tuesday Open

The Jakarta Composite Index held above the 6,000 level at Tuesday's open, buoyed by S&P Global Ratings' reaffirmation of Indonesia's sovereign credit rating at 'BBB' with a stable outlook. The rating agency assessed that recent fiscal and external pressures are temporary, projecting economic growth of 5.1% in 2026, though it cautioned that rapid policy changes could undermine investor confidence. The positive domestic sentiment was partially offset by global risk-off moves driven by Middle East tensions and a sell-off in technology shares.

Government Reaffirms Commitment to Restore Cooperatives as Economic Pillar

The Indonesian government has reiterated its pledge to revitalise cooperatives as a cornerstone of the people's economy during the 79th National Cooperative Day. The strategy includes modernising the cooperative movement and establishing the Koperasi Desa/Kelurahan Merah Putih (KDKMP) to strengthen village economies. President Prabowo Subianto stated that these village cooperatives are projected to boost public welfare by up to Rp223 trillion annually through improved distribution efficiency and access to low-interest loans.

House of Representatives Holds Plenary Session, 297 Members in Attendance

The Indonesian House of Representatives (DPR) convened its 25th plenary session of the 2025-2026 sitting year, with 297 of 578 members present, achieving a quorum. The session, chaired by Deputy Speaker Sari Yuliati, is set to hear the government's response to faction views on the bill concerning accountability for the 2025 state budget implementation.

Muhammadiyah Youth Applauds Police Chief's Move to Strengthen Inter-Agency Solidarity

The Muhammadiyah Youth organisation has praised National Police Chief General Listyo Sigit Prabowo for his recent visits to the Indonesian Military (TNI) and the Attorney General's Office, viewing them as a commitment to bolstering solidarity among law enforcement agencies. The group emphasised that such coordination is crucial for effective corruption eradication, which should be a collective effort rather than a sectoral competition. They expressed hope that this collaborative spirit translates into tangible results for a clean and integrated government.

Gold prices for three brands at Pegadaian fall in unison on Tuesday

The prices of gold bullion from Antam, UBS, and Galeri24 all declined at Indonesian state-owned pawnbroker Pegadaian on Tuesday morning. The drop follows a previous day's higher valuations, with Antam remaining the most expensive brand at Rp2,720,000 per gram. The price adjustments reflect ongoing fluctuations in the domestic precious metals market.

Crane Truck That Struck Tendean Footbridge to Be Secured at Police Station

A heavy equipment transporter struck a pedestrian bridge on Jalan Kapten Tendean in South Jakarta, leaving the structure nearly collapsed. Authorities plan to remove the damaged footbridge before escorting the truck to a police station for safekeeping. The incident, attributed to driver negligence regarding the vehicle's maximum height, occurred in the early hours and rendered the bridge unusable.

Voluntary Pension Funds Can Now Be Withdrawn as Lump Sum or in Instalments

Indonesia's Financial Services Authority (OJK) has issued a new policy allowing voluntary pension fund benefits to be paid out either as a lump sum or in instalments. The decision follows Constitutional Court rulings that challenged the mandatory periodic payment rules under the P2SK Law. The OJK stated the move aims to provide legal certainty and protect pension fund participants while maintaining industry stability.

The Representation Deficit of Jakarta Residents Behind the Discourse on Tier II Regional Councils

The Constitutional Court's recent ruling confirms Jakarta remains the capital until a presidential decree formalises the move to Nusantara, but the Jakarta Special Region Law has already triggered a reduction in its provincial council seats. This shrinkage, from 106 to potentially 85 seats, stems from the removal of a 125% seat compensation previously granted because Jakarta lacks city-level councils, creating a deepening representation deficit. While reviving Tier II councils is proposed as a solution, fragmenting the functionally integrated urban system of Greater Jakarta risks complicating unified planning for cross-border issues like flooding and mass transit.

House Commission III Urges Attorney General to Immediately Appoint Definitive Jampidsus

Indonesia's House of Representatives Commission III has called for the urgent appointment of a definitive Junior Attorney General for Special Crimes (Jampidsus), arguing that a permanent official is needed to strengthen command and public trust amid major corruption cases. Lawmaker Muhammad Nasir Djamil stressed that a definitive Jampidsus would have full authority to expedite investigations and asset recovery, aligning with President Prabowo Subianto's anti-corruption agenda. The Attorney General has been urged to promptly submit candidate names to the Presidential Palace to prevent institutional uncertainty.

Governor Sherly Targets 100% Electrification for North Maluku by 2027

North Maluku Governor Sherly Tjoanda has set a target to connect all villages in the province to electricity by 2027. The number of villages without power has already decreased from 70 in early 2025 to 43 by June 2026. The provincial government is prioritising the preparation of supporting infrastructure, such as access roads and land acquisition, to accelerate the programme.

With Danantara, PNM Expands Services to 516 Networks in 3T Regions

State-owned enterprise PNM is expanding its microfinance and mentoring services to 516 units in Indonesia's frontier, outermost, and disadvantaged (3T) regions, representing over 10% of its total network. Under the auspices of the newly formed Danantara Indonesia, the initiative aims to deliver economic justice by providing access to capital and business mentoring for underprivileged women entrepreneurs in remote areas. The programme aligns with Danantara's CX100 initiative to enhance customer experience across state-owned enterprises.

Stepmother in Bekasi Claims Abuse of 4-Year-Old Was 'Discipline'

A 19-year-old stepmother in Bekasi, West Java, has been arrested for the severe abuse of her four-year-old stepchild, claiming she was disciplining the victim. The child was found unconscious and is receiving intensive care, with medical examinations revealing multiple injuries including bruises, burns, and wounds from a toothbrush. Police suspect the abuse was motivated by resentment towards her husband and occurred repeatedly from May to July 2026.

Viral Video of Barge Dumping Material in Banten Sea Blamed on Miscommunication

A viral video showing a barge dumping material into the sea off Bojonegara, Banten, has been attributed to a miscommunication between the ground team and the vessel's crew. The Banten Marine and Fisheries Agency clarified that the material was not waste but macadam stone intended for a port reclamation project. The crew reportedly unloaded a quarter of the barge's contents at the wrong coordinates before the error was discovered and halted.

Nickel Production Relaxation Could Lure Foreign Funds Back to Mining Stocks

Indonesia's plan to relax nickel production quotas in 2026 is seen as a potential catalyst to attract foreign capital back into mining equities. Analysts believe the policy will accelerate downstream projects and improve asset utilisation for state-backed miners like Antam and Vale Indonesia. However, broader macroeconomic factors such as global interest rates and emerging market sentiment remain key determinants for overall foreign fund inflows.

Bapanas: Food aid for 33.2 million beneficiary families to continue until September

Indonesia's National Food Agency (Bapanas) has confirmed the continuation of the government's rice aid programme, distributing 10 kilograms of rice to 33.2 million beneficiary families from July to September 2026. The intervention aims to bolster household purchasing power and stabilise rice prices at the consumer level. Officials noted that the extended programme, directed by President Prabowo Subianto, has already contributed to a decline in food inflation during the first half of 2026.

Minister Calls for MPLS at Sekolah Rakyat to Be Free of Hazing

Social Affairs Minister Saifullah Yusuf has instructed all Sekolah Rakyat organisers to ensure the school orientation period (MPLS) is safe and free from violence or bullying. He emphasised that the initial school period is crucial for student adaptation, particularly for those transitioning from pilot programmes to permanent schools. The minister also urged staff to maintain the new facilities, which he described as a state-funded gift from President Prabowo for the most underprivileged families.

The Story of Ipda Kadek Sumerta: A Police Officer Protecting the Disabled Community in Gianyar

Ipda Kadek Sumerta, a police officer in Gianyar, Bali, has dedicated himself to empowering over 120 people with disabilities at the Bhakti Senang Hati Foundation since 2017. Beyond teaching literacy, he provides life skills training and facilitates tourism partnerships to foster independence. His superiors have praised his commitment as a model for community policing that enhances the force's public image.

South Jakarta Administration Dismantles Tendean Footbridge After Truck Carrying Heavy Equipment Gets Stuck

The South Jakarta administration has begun dismantling the Tendean pedestrian footbridge in Mampang after a truck transporting heavy equipment became lodged underneath it, causing severe structural damage. The incident occurred in the early hours of Tuesday when the truck driver reportedly failed to account for the vehicle's height while distracted by a mobile phone. Authorities plan to temporarily close Jalan Kapten Tendean towards Blok M after peak hours to complete the removal of the bridge.

Muhammadiyah Chairman Demands Uncompromising Action on Campus Sexual Harassment

Muhammadiyah's central leader Haedar Nashir has called for firm and uncompromising sanctions against perpetrators of sexual harassment at the organisation's universities. His statement follows recent cases at Universitas Muhammadiyah Yogyakarta and Universitas Ahmad Dahlan, involving a lecturer and a student respectively. The chairman stressed that such moral and ethical violations must be met with serious commitment from all Indonesian educational institutions.

Iraqi Couple Jailed in Germany for Enslaving and Abusing Yazidi Children

A German court has handed down the country's first conviction for forced religious conversion, sentencing an Iraqi couple for war crimes and genocide against the Yazidi minority. The pair were found guilty of purchasing, enslaving, and sexually abusing two Yazidi girls aged 5 and 12 while members of the so-called 'Islamic State' in Iraq. The man received a life sentence, while the woman was sentenced to nine and a half years in prison.

Rupiah weakens as market awaits US inflation data

The Indonesian rupiah weakened slightly against the US dollar on Tuesday morning as markets adopted a wait-and-see approach ahead of key US inflation figures. An economist noted that while a recent sovereign rating affirmation provided some support, the currency remains under pressure from rising global oil prices and expectations surrounding the Federal Reserve's next moves.

Instagram's New AI Feature Sparks Outrage, Promptly Axed

Meta has withdrawn its newly launched AI image generator, Muse Image, from Instagram after a fierce backlash over privacy concerns. The feature, which automatically used public photos to create images, was criticised by users and the actors' union SAG-AFTRA for lacking explicit consent. The rapid reversal highlights the growing pressure on tech firms to provide clearer user controls over how public content is utilised for AI tools.

Developer Supports Kemayoran Redevelopment, Urges Resolution of Investment Hurdles

PT Oceania Development has expressed support for the government's plan to reorganise the Kemayoran area but highlighted ongoing administrative and physical obstacles that are hindering investment. The company's legal advisor stated that issues such as incomplete land handover, blocked access, and third-party commercial activities on its designated plots have prevented development despite the company fulfilling its financial obligations. The firm is calling for clearer coordination and adherence to existing agreements to unlock the area's potential as a business district.

Police Assure No Bullying for Child of South Jakarta School Bomb Threat Suspect

Police have guaranteed protection for the child of a man arrested for making a bomb threat against SDN Srengseng Sawah 15 in South Jakarta, ensuring the student will not face bullying. The suspect, identified as a parent at the school, was apprehended within 24 hours of the threat. Authorities are providing trauma healing for students and educating parents and teachers to prevent the spread of related content and maintain a safe school environment.

Truck-Collapsed Pedestrian Bridge in Tendean to Be Dismantled, Traffic Diverted

A pedestrian bridge (JPO) on Jalan Kapten Tendean in South Jakarta is set to be demolished after a truck carrying heavy equipment struck it, leaving the structure near collapse. The demolition work, scheduled to begin at 10:00 WIB, will necessitate the full closure of traffic heading towards Blok M. Authorities have announced traffic diversions, with vehicles from the east being rerouted via Mampang and the underpass to ease congestion.

Police deploy personnel and traffic diversion on Jalan Tendean

Jakarta police have implemented traffic diversions and deployed officers to manage severe congestion on Jalan Kapten Tendean after a truck carrying a drilling excavator became lodged under a pedestrian bridge. The incident, which occurred in the early hours, left only one lane passable and caused tailbacks stretching to Kuningan and Warung Buncit. Authorities are coordinating with the DKI Jakarta Highways Department to evacuate the vehicle using a large crane, while the truck driver has been detained for questioning.

National Police Chief and Attorney General Affirm Solidarity Between Institutions

National Police Chief General Listyo Sigit Prabowo and Attorney General ST Burhanuddin have publicly affirmed the strong and solid relationship between the Indonesian National Police and the Attorney General's Office. During a meeting in South Jakarta, both leaders dismissed any notion of rivalry or internal issues, emphasising their commitment to synergy. They also discussed strengthening collaboration within the criminal justice system, including joint socialisation of the new Criminal Procedure Code and educational exchanges between prosecutors and police investigators.

Middle East in Turmoil: Houthis Attack Saudi Arabia, Ceasefire Collapses

The informal ceasefire between Saudi Arabia and Yemen's Houthi rebels has collapsed after the Iran-backed group launched missile strikes on Saudi territory. The Houthis accused Riyadh of bombing Sana'a airport, while Yemen's internationally recognised government claimed responsibility for the strike to prevent an Iranian aircraft from landing. The escalation threatens to reignite border conflict and disrupt Red Sea trade routes.

28,478 New Students Enrolled in 'Sekolah Rakyat', Minister Says Numbers Could Rise

Indonesia's Ministry of Social Affairs has confirmed 28,478 new students for the 2026/2027 academic year under the 'Sekolah Rakyat' (People's Schools) programme, with the total expected to increase. Unlike conventional schools, the programme uses active outreach rather than open registration to enrol children from extremely poor families. The initiative now serves a total of 43,346 students across 1,550 study groups nationwide.

CV Fajar Sinar Berkah Officially Receives NPPBKC Licence from Customs and Excise

CV Fajar Sinar Berkah, a tobacco products manufacturer, has officially obtained its NPPBKC licence from the Malang Customs and Excise Office. The licence was granted after the company successfully presented its business processes and demonstrated its readiness to comply with all excise regulations. This milestone is expected to support orderly business practices and contribute to state revenue through the excise sector.

Traffic Police Directorate Investigates Cause of Fatal Accident in Indramayu

The National Police Traffic Corps' Law Enforcement Directorate is investigating a fatal collision on the Pantura route in Indramayu, West Java, which resulted in 12 deaths. Preliminary findings indicate no brake marks from the two trucks involved and that the U-turn point was an unofficial access opened by residents. Investigators are using 3D laser scanning technology and video evidence to determine the exact cause of the crash.

PLN Drives Local Economy, Gunungkidul BUMN House Showcases Traditional Cuisine

State electricity firm PLN, through its Yogyakarta distribution unit, has reaffirmed its commitment to local economic growth by empowering micro, small, and medium enterprises (MSMEs) in Gunungkidul. The initiative was highlighted at the Geopark Night Specta 2026, where the local BUMN House presented two fostered MSMEs, including a traditional culinary business. PLN aims to create sustainable value by helping local products gain wider market access and competitiveness.

Dry Season Intensifies, BMKG Warns of Forest Fire Threat and Local Extreme Weather

Indonesia's Meteorology, Climatology and Geophysics Agency (BMKG) has warned that the dry season is becoming increasingly dominant across the archipelago, with over 60% of the country now affected. While drought conditions are expanding, the agency also cautioned that local atmospheric disturbances could still trigger extreme weather, including heavy rain, lightning, and strong winds in certain regions. The public and local governments are urged to remain vigilant against both the heightened risk of forest and land fires and the potential for sudden severe weather events.

S&P Maintains Indonesia's Credit Rating, BI Governor: Global Confidence Preserved

S&P Global Ratings has affirmed Indonesia's sovereign credit rating at BBB with a stable outlook, reflecting sustained international confidence in the country's macroeconomic stability. Bank Indonesia Governor Perry Warjiyo stated the affirmation is supported by expectations that temporary fiscal and external weaknesses will improve alongside stabilising government policy. The central bank pledged to continue strengthening its policy mix and coordination with the government to mitigate global uncertainties.

Gerindra Faction Criticises Waste and Cable Chaos in Badung

The Gerindra Party faction in the Badung Regional House of Representatives has urged the local government to take concrete action on mounting public service issues, including waste management, traffic congestion, and unregulated utility cables. The criticism was voiced during a plenary session discussing the 2025 budget accountability report, with lawmakers also highlighting flooding and the proliferation of illegal online motorcycle taxis. Despite the sharp notes, the faction agreed to ratify the fiscal accountability report into a bylaw, while the regent pledged to follow up on the concerns.

DPR Revisits Asset Forfeiture Bill: What Is Being Discussed?

The Indonesian House of Representatives (DPR) has resumed discussions on the long-delayed Asset Forfeiture Bill, inviting public experts and students for hearings. Lawmakers have dismissed online rumours of a parliamentary rejection, asserting their commitment to passing the legislation this year. Key discussions include potentially changing the bill's nomenclature from 'asset forfeiture' to 'asset recovery' to ensure a more comprehensive legal framework.

Nusa Jaya Tumbuh Bersama Distributes Hundreds of Tree Seedlings in East Java

The Nusa Jaya Tumbuh Bersama Foundation, in collaboration with the IKSPI Kera Sakti martial arts organisation, has planted hundreds of tree seedlings in Lamongan, East Java, as part of a national greening initiative. The foundation's founder emphasised that tackling climate change and forest degradation requires collective action beyond mere discourse. The movement aims to transform environmental awareness into a sustainable cultural practice for future generations.

2027 Hajj Cost Scheme: Commission Warns Populist Policy Could Trigger Financial Crisis

The Indonesian Hajj Commission (Komnas Haji) has warned that the government's proposed 2027 Hajj cost scheme, which heavily subsidises pilgrims, resembles a Ponzi scheme and could lead to a financial crisis. The plan sets the cost at Rp 107 million, with pilgrims paying only 40% and the remaining 60% covered by subsidies from the Hajj fund's returns. Critics argue this approach benefits current pilgrims at the expense of the 5.3 million on the waiting list and risks depleting funds, especially if Saudi Arabia increases Indonesia's quota.

To Prevent Abrasion and Tidal Flooding, Water Resources Sub-agency Repairs Seawall on Pramuka Island

The Thousand Islands Water Resources Sub-agency is repairing a 50-metre seawall on Pramuka Island to combat coastal abrasion and tidal flooding. The reinforced concrete structure, which is 80 percent complete, is designed to protect the shoreline while also serving as a seating area for residents and tourists. Local community leaders have welcomed the project, noting the recent high tidal surges.

Tax Chief Received Black Magic Threats, Mystical Objects Found at DJP Office

Former Director General of Taxes Mar'ie Muhammad faced black magic threats during his tenure in the late 1980s as he embarked on a major reform of Indonesia's tax system. The threats, which included the discovery of mystical objects at the tax office, were discussed in internal meetings but were dismissed by Mar'ie, who relied on his faith. His subsequent reforms successfully transitioned the tax system to self-assessment and cleaned up internal corruption, boosting state revenue.

DPR Urges Caution in Selecting Definitive Jampidsus

The Indonesian House of Representatives (DPR) has cautioned against rushing the appointment of a definitive Junior Attorney General for Special Crimes (Jampidsus), despite the position being vacant amid several high-profile cases. A DPR member stated that the Attorney General must carefully profile candidates to ensure they possess not only competence but also integrity and a clean track record. The DPR has urged the public to be patient, asserting that the current acting official can effectively manage the role and coordinate with the Attorney General on strategic matters.

Deli Serdang Utilises Additional Rp 493.85 Billion Regional Transfer for Infrastructure and Education

The Deli Serdang Regency administration has allocated an additional Regional Transfer (TKD) of Rp 493.85 billion for the 2026 fiscal year, prioritising infrastructure, education, and disaster preparedness. The funds, governed by a Finance Ministerial Decree, are being directed towards public service recovery and mitigation efforts. Officials reported that 13.6 per cent of the budget has been realised, with key projects including school rehabilitation and bridge reconstruction already underway.

Bareksa Analyst Team Stock Picks: PGEO, MEDC & KPIG, JCI Predicted to Strengthen Further

Bareksa's analyst team has recommended three stocks—PGEO, MEDC, and KPIG—for short-term quick trades on 14 July 2026, citing technical rebound signals. The Jakarta Composite Index (JCI) is expected to continue its recovery, trading within a range of 5,898 to 6,171 with a chance of closing higher. The picks are supported by positive momentum in the energy and property sectors, with PGEO and MEDC also benefiting from a surge in global oil prices due to geopolitical tensions.

Truck Driver Admits Google Maps Distraction Caused Crash That Damaged Tendean Footbridge

A truck driver has admitted that focusing on a navigation app led to his vehicle striking and severely damaging the Tendean pedestrian bridge in South Jakarta. The incident, which occurred in the early hours, caused no casualties but resulted in significant structural damage and massive traffic congestion. Authorities have closed the bridge and are assessing the material losses.

Mobile phone use caused truck carrying heavy equipment to get stuck under Tendean footbridge

A truck transporting a crane became lodged under the Tendean pedestrian footbridge in South Jakarta, causing severe structural damage. The Jakarta Regional Disaster Management Agency (BPBD) stated the driver was distracted by his mobile phone and failed to account for the vehicle's maximum height. No casualties were reported in the early morning incident.

FATF Updates Money Laundering Risk List: Is Indonesia Safe?

The Financial Action Task Force (FATF) has updated its lists of high-risk jurisdictions, adding Bosnia and Herzegovina and Iraq to its 'grey list' for increased monitoring. Algeria and Namibia were removed after demonstrating sustainable reforms. Indonesia, a full FATF member since 2023, remains off the lists and is scheduled for its first mutual evaluation in 2029/2030.

Megawati Hosts South Korean and UAE Ambassadors, Discusses Peace and Strategic Cooperation

PDIP Chairwoman Megawati Soekarnoputri held separate diplomatic meetings with the ambassadors of South Korea and the United Arab Emirates in Jakarta. Discussions with the South Korean envoy focused on her historical role as a peace envoy and proposals for inter-Korean dialogue and economic cooperation. The meeting with the UAE ambassador explored strengthening bilateral ties, including collaboration on religious tolerance, Pancasila studies, and mangrove research through BRIN.

Antam Gold Price Drops Again by Rp20,000 to Rp2.615 Million per Gram on Tuesday

The price of Antam gold fell by Rp20,000 to Rp2.615 million per gram on Tuesday, mirroring the previous day's decline. The buyback price also decreased to Rp2.352 million per gram. Transactions are subject to income tax, with a 1.5 percent levy on buybacks exceeding Rp10 million and a 0.25 percent tax on purchases.