Archive: 14 August 2026
Showing 651-700 of 1,860 articles
Fri, 14 Aug 2026, 17:10 WIB
IHSG Closes at 6,401.89, Boosted by Prabowo's Fiscal Discipline and Growth Targets
The Jakarta Composite Index (IHSG) surged 1.59% on Friday, closing at 6,401.89, as investors reacted positively to President Prabowo Subianto's commitment to fiscal discipline and a 6% economic growth target for 2027. The government plans to narrow the budget deficit to 2.40% of GDP while increasing state spending and revenue. All eleven sectoral indices posted gains, with energy, transport, and infrastructure leading the rally.
Fri, 14 Aug 2026, 17:08 WIB
Prabowo to Commence Giant Sea Wall Construction on Java's North Coast: Don't Wait for Disaster
President Prabowo Subianto has announced the imminent construction of a Giant Sea Wall along the north coast of Java, describing the project as essential to protect the region from coastal erosion. The massive infrastructure project, which will be partly funded through the Danantara Development Management Fund, is expected to take 15 to 20 years to complete. Prabowo stressed the need to learn from the Netherlands by building long-term protection before disaster strikes, adding that the wall will also serve as a source of clean water and a new growth corridor.
Fri, 14 Aug 2026, 17:08 WIB
President Prabowo: The 8th President Will Commence the Giant Sea Wall Project
President Prabowo Subianto has announced that the construction of the Giant Sea Wall along the northern coast of Java will begin during his term. The massive infrastructure project, which will stretch from Banten to Gresik, is expected to take 15 to 20 years to complete. Prabowo stressed the project is vital for protecting industrial zones and millions of residents from coastal erosion and rising sea levels, while also providing new sources of clean water and economic growth.
Fri, 14 Aug 2026, 17:08 WIB
UPI Lecturer Highlights Threat of Electoral Politics to Baduy Dalam Community
A doctoral study from Universitas Pendidikan Indonesia reveals that national electoral politics pose a threat of forced assimilation to the indigenous Baduy community. The research found a symbolic rather than substantive level of political participation, with the Baduy Dalam largely rejecting voting while the Baduy Luar participate. The study recommends that future elections better accommodate local customary laws and wisdom to protect the community's societal security.
Fri, 14 Aug 2026, 17:06 WIB
Badung Regent Adi Arnawa Plans Gatsu-Canggu Tunnel, Partners with Chinese Firm
Badung Regent I Wayan Adi Arnawa has announced plans to build a 2.4-kilometre tunnel connecting Jalan Gatot Subroto to Canggu in North Kuta to alleviate traffic congestion. The local government is exploring a collaboration with Shanghai Tunnels Engineering Co. Ltd (STEC), a Chinese firm with extensive experience dating back to 1965. The project, estimated to cost Rp 3.5 trillion, is targeted for implementation between 2027 and 2028, with technical studies expected to be completed within a month.
Fri, 14 Aug 2026, 17:06 WIB
Israeli Officials Stunned by Iran's Rapid Military Recovery After Sustained Strikes
Israeli defence officials have expressed shock at the speed with which Iran has restored its military capabilities following extensive US and Israeli attacks. A senior IRGC advisor claimed that Iran's production of ballistic missiles and drones now outpaces their rate of use. The recovery contradicts earlier Israeli military assessments that Iran's defence industry had been set back for years.
Fri, 14 Aug 2026, 17:06 WIB
Prabowo's Dream: Every Regency and City to Have Advanced Hospitals for the People
President Prabowo Subianto has announced plans to build and revitalise 441 regional general hospitals across Indonesia, aiming to equip all 514 regencies and cities with advanced medical facilities. The initiative includes deploying modern diagnostic equipment to remote areas and establishing telemedicine clinics at 'Koperasi Merah Putih' outlets. Acknowledging a severe shortage of doctors, the government is opening new medical faculties and considering inviting foreign specialists to practise temporarily.
Fri, 14 Aug 2026, 17:06 WIB
Husein Airport Targeted to Serve International Flights by October 2026
State-owned airport operator InJourney Airports is preparing to resume international flights from Bandung's Husein Sastranegara Airport by October 2026, following its recent reactivation for domestic jet services. The plan, coordinated with the Ministry of Transportation, aims to restore regional routes such as Kuala Lumpur and Singapore, which the airport previously served before commercial flights were shifted to Kertajati. The phased reopening is subject to safety assessments and regulatory compliance.
Fri, 14 Aug 2026, 17:05 WIB
Indonesia records highest economic growth in 13 years: President
President Prabowo has announced that Indonesia achieved its highest economic growth in 13 years during the first half of the year, driven by strong domestic demand and controlled inflation. The accommodation and food service sector led production-side growth, while government consumption surged on the expenditure side. The president emphasised that the state budget played a crucial role in safeguarding the economy, with revenue and spending both rising significantly while the deficit was maintained at a prudent 0.91 percent of GDP.
Fri, 14 Aug 2026, 17:05 WIB
Prabowo to Build Giant Sea Wall from Banten to Gresik, Project to Take 20 Years
President Prabowo Subianto has announced a commitment to commence construction of a giant sea wall along the northern coast of Java, stretching from Banten to Gresik. The massive infrastructure project is projected to take 15 to 20 years to complete and aims to protect millions of residents from rising sea levels. The government envisions the sea wall not only as a flood defence but also as a catalyst for economic development and a source of clean water.
Fri, 14 Aug 2026, 17:05 WIB
Archipelagic Regions Bill Enters Tripartite Talks, Prabowo Optimistic for Swift Completion
The long-awaited Archipelagic Regions Bill, championed by the Regional Representative Council (DPD RI) since 2017, has advanced to tripartite discussions with the House of Representatives (DPR) and the government. President Prabowo Subianto expressed confidence that the bill will be finalised soon, marking a potential milestone for equitable development. DPD RI Speaker Sultan B Najamudin hailed the progress as a historic step towards delivering development justice for Indonesia's island communities.
Fri, 14 Aug 2026, 17:05 WIB
Prabowo orders government to expedite Asset Forfeiture Bill
President Prabowo Subianto has directed his administration to accelerate the passage of the Asset Forfeiture Bill, according to Law Minister Supratman Andi Agtas. The bill, which is currently a legislative initiative of the House of Representatives (DPR), is under discussion by Commission III, with the government ready to begin joint deliberations once the draft is finalised. The legislation is part of the National Legislation Program and is seen as a key measure to strengthen law enforcement capabilities.
Fri, 14 Aug 2026, 17:05 WIB
Prabowo: No More Mothers Should Die Because Hospitals Are Too Far Away
President Prabowo Subianto has pledged to build and revitalise 441 regional general hospitals across Indonesia to prevent deaths caused by distance to medical facilities. He highlighted that 66 hospitals have already been built in underdeveloped, frontier, and outermost regions, with 22 now operational. The government also plans to install clinics in 'Koperasi Merah Putih' outlets and address a shortage of tens of thousands of doctors and specialists.
Fri, 14 Aug 2026, 17:03 WIB
On Mineral Exchange, Prabowo: We Will Build an Indonesia Reference Price!
President Prabowo Subianto has announced plans to establish a Mineral and Strategic Commodities Exchange, targeting operations by 1 January 2027 under the supervision of the Financial Services Authority (OJK). The initiative aims to create an 'Indonesia Reference Price' for key exports, ensuring that commodity prices are determined domestically rather than by foreign exchanges. Prabowo asserted that if buyers reject the prices set on the new exchange, the commodities should remain in the ground for future generations.
Fri, 14 Aug 2026, 17:01 WIB
Prabowo Thanks PDIP for Consistently Criticising His Government's Policies
President Prabowo Subianto has expressed gratitude for the synergistic cooperation between the government and the House of Representatives (DPR), while emphasising that criticism remains a vital part of democracy. He offered special thanks to the Indonesian Democratic Party of Struggle (PDIP) for its persistent scrutiny of his administration's policies. Prabowo also suggested that his economic approach, often dubbed 'Prabowonomics', is fundamentally aligned with the people-based economic struggle historically associated with PDIP.
Fri, 14 Aug 2026, 17:00 WIB
Prabowo Welcomes End of Ministry Birthday Budgets
President Prabowo Subianto has expressed satisfaction that government ministries and agencies are no longer allocating budgets for lavish birthday celebrations. He has instructed all levels of government to redirect such funds towards strategic programmes, including school repairs, hospital upgrades, and teacher salary increases. The President emphasised that while large-scale anniversary events are now banned, centrally organised Independence Day ceremonies remain mandatory.
Fri, 14 Aug 2026, 17:00 WIB
Grave of Djaduk Ferianto's Father-in-Law Restored After Vandalism by Cemetery Caretaker
A grave belonging to the father of Bernadetta Petra, wife of the late Yogyakarta artist Djaduk Ferianto, has been fully restored after its headstones were deliberately broken by a cemetery caretaker. The vandalism occurred because the caretaker felt he had never received a customary cleaning fee from the family. A police-mediated meeting resolved the dispute, with the family paying Rp 500,000 and the caretaker repairing the damage.
Fri, 14 Aug 2026, 17:00 WIB
Prabowo Targets 5,000 Village Bridges by End of 2026
President Prabowo Subianto has announced a target to complete over 5,000 village bridges by the end of 2026 as part of a broader effort to strengthen rural economies and improve access to education. The initiative, which has already seen 2,500 bridges built by the military and 874 by the police in the first eight months of 2026, aims to end dangerous river crossings for schoolchildren. The government is also accelerating the construction of clean water access points in villages, with 3,000 points already established.
Fri, 14 Aug 2026, 16:59 WIB
Tensions Rise: NATO Fighter Jets Shoot Down Drone Over Latvia
NATO fighter jets, including Italian Eurofighters and Turkish F-16s, intercepted and shot down an unidentified drone that violated Latvian airspace. The incident occurred amidst heightened European concerns over unauthorised drone activity near the alliance's eastern flank, which borders Russia. An investigation has been launched, with Latvia's Defence Ministry attributing the drone's incursion to Russian electromagnetic warfare.
Fri, 14 Aug 2026, 16:57 WIB
Rupiah Closes at 17,877 per US Dollar
The Indonesian rupiah strengthened by 50 points to close at Rp17,827 per US dollar on Friday, buoyed by positive investor reaction to President Prabowo Subianto's 2027 state budget speech. The president outlined ambitious economic targets, including 6% growth and a rupiah assumption of Rp17,500 per dollar. Analysts described the market response as cautiously positive, noting the growth, rupiah, and deficit targets were acceptable to investors.
Fri, 14 Aug 2026, 16:55 WIB
Regenerative Agriculture Used to Save Fireflies in Bali's Taro Village
A community-based regenerative agriculture programme is being implemented in Taro Village, Bali, to conserve the local firefly population, which is threatened by land conversion and excessive chemical use. The initiative, supported by Warmadewa University, uses scientific soil analysis to guide farmers towards reducing chemical inputs and restoring the ecosystem. The project also aims to develop a conservation masterplan and position the village as a model for community-based ecotourism.
Fri, 14 Aug 2026, 16:53 WIB
Prabowo Proposes Limited Dual Citizenship for Strategic Talent
President Prabowo Subianto has proposed a limited dual citizenship scheme aimed at attracting high-achieving members of the Indonesian diaspora. The policy targets professionals in fields such as artificial intelligence, medicine, and science, allowing them to contribute to national development without renouncing foreign passports. The government plans to submit a bill to parliament, emphasising that eligibility will be selective and based on strict integrity and security criteria.
Fri, 14 Aug 2026, 16:52 WIB
Ahead of NU Congress, Ali Masykur Musa: National Mandate Must Be Reinforced
Ali Masykur Musa has called on Nahdlatul Ulama to reaffirm its 'Amanatul Wathaniyah' (national mandate) as a core foundation ahead of its 35th Congress. He stressed that the spirit of nationalism must not fade as the organisation enters its second century, regardless of leadership changes. Musa emphasised that NU's leadership is a trust for service to the community and nation, not a tool for personal or group interests.
Fri, 14 Aug 2026, 16:52 WIB
Puan Maharani Discusses Governmental Legacy Ahead of Indonesia's 81st Independence Day
House Speaker Puan Maharani emphasised the importance of national unity and the legacy of past governments as Indonesia approaches its 81st Independence Day. Speaking at a parliamentary session, she stated that the true measure of a government's legacy lies in its values and service to the nation, not just physical development. Puan called on all state officials and citizens to maintain unity and view diversity as a strength to ensure the nation's progress towards sovereignty, justice, and prosperity.
Fri, 14 Aug 2026, 16:52 WIB
President Praises Danantara's Performance, SOE Transformation Shows Results
President Prabowo Subianto has lauded the performance of the Danantara Indonesia Investment Authority, highlighting significant profit growth and successful turnarounds at several state-owned enterprises (SOEs). The restructuring under Danantara has led to a sharper focus on core businesses, improved efficiency, and a paradigm shift towards productive asset management. This transformation aims to ensure state assets generate maximum value for the people, aligning with the nation's founding ideals.
Fri, 14 Aug 2026, 16:52 WIB
Danantara Delivers Performance Proof, Turning Pessimism into Optimism
Indonesia's sovereign wealth fund Danantara is demonstrating tangible results, with state-owned enterprises under its umbrella reporting significant profit growth and turnarounds. The improved performance, highlighted by President Prabowo Subianto, is attributed to fundamental reforms in asset management, streamlining, and a focus on value creation. Lawmakers have praised the partnership between Danantara and parliament, framing the shift as a move from mere state ownership to active, productive wealth management for public prosperity.
Fri, 14 Aug 2026, 16:51 WIB
Prabowo says ojol drivers' revenue share rises from 80pct to 92pct
President Prabowo Subianto announced a new government policy that increases the revenue share for online motorcycle taxi (ojol) drivers from 80 percent to 92 percent, reducing the portion taken by ride-hailing app companies. Speaking at the 2026 Annual Session of the People's Consultative Assembly, Prabowo said the change has significantly boosted drivers' incomes, with some reporting their earnings have doubled or tripled. The policy is part of a broader effort to ensure fairer earnings for gig economy workers.
Fri, 14 Aug 2026, 16:50 WIB
Prabowo Targets Free Education at All State Schools in Indonesia
President Prabowo Subianto has announced the government's ambition to abolish fees at all state schools in Indonesia, framing education as a fundamental right. The pledge was made during his speech on the 2027 State Budget, alongside promises to equip schools with interactive flat panels and complete nationwide renovations by 2029. The policy aims to ensure universal access to public education while suggesting that those with means can opt for private institutions.
Fri, 14 Aug 2026, 16:50 WIB
China and the US Suddenly Unite to Storm the Middle East
Despite geopolitical tensions, Chinese and American autonomous driving companies are collaborating on a major expansion into Europe and the Middle East. Uber and Pony.ai plan to deploy 2,000 robotaxis, intensifying the global race for autonomous vehicle dominance. This partnership highlights a strategic convergence where Uber aims to become the leading commercialisation platform for self-driving technology.
Fri, 14 Aug 2026, 16:49 WIB
Demonstration at OT Building in West Jakarta Disperses, Traffic Returns to Normal
A protest by various mass organisations outside the Orang Tua (OT) Building in West Jakarta concluded peacefully on Friday afternoon, with traffic flow subsequently returning to normal. The demonstration was sparked by a controversial challenge at a music event that allegedly offered alcoholic drinks as a reward for reciting Quranic verses. OT Group management met with protesters and issued a public apology, while police confirmed four suspects have been named in the ongoing legal case.
Fri, 14 Aug 2026, 16:47 WIB
Danantara Begins to Prove Performance, President Outlines SOE Profits
Indonesia's sovereign wealth fund Danantara is showing early positive results, with President Prabowo Subianto reporting significant profit increases across several state-owned enterprises. The turnaround includes PT Timah's 804.7 per cent profit surge and the recovery of previously struggling firms like Krakatau Steel. Lawmakers and analysts view the performance as evidence that the consolidation and reform of state assets are beginning to restore public optimism and improve productivity.
Fri, 14 Aug 2026, 16:47 WIB
Prabowo Vows to Protect Indonesians from All Threats: From Layoffs to Physical Violence
President Prabowo Subianto has pledged that his administration will shield the Indonesian people from a wide range of threats, including poverty, physical harm, and unemployment. Speaking during the state address for the 2027 State Budget Bill, he stressed that the government's primary duty is to protect all citizens. He also highlighted the need for officials to be accountable, disciplined, and dedicated to solving the people's difficulties.
Fri, 14 Aug 2026, 16:47 WIB
Scenario of Resistance: 'Fat Boss' Prepared Weapons and Child Shields
The National Narcotics Agency (BNN) has revealed that drug lord MR, known as 'Fat Boss', had prepared a resistance scenario involving illegally purchased firearms and the use of children as human shields. The disclosure follows his arrest during a liposuction procedure and a subsequent raid on his stronghold in Kampung Bahari, North Jakarta.
Fri, 14 Aug 2026, 16:46 WIB
Speaker Puan Urges Public to Carefully Filter Information: 'We Must Protect the Public Sphere'
House Speaker Puan Maharani has called on Indonesians to be more discerning in the digital age, warning that the rapid flow of information can fuel disinformation, hoaxes, and social polarisation. Speaking at the opening of the 2026-2027 parliamentary session, she highlighted false quotes and misleading news targeting the House of Representatives. Puan stressed that while criticism is vital to democracy, maintaining national unity requires public trust, institutional transparency, and a collective responsibility to keep the digital space healthy.
Fri, 14 Aug 2026, 16:46 WIB
2027 State Budget Deficit Targeted to Fall to 2.40 Percent
President Prabowo Subianto has announced that the deficit in the 2027 Draft State Budget (RAPBN) is targeted at 2.40 percent of GDP, down from 2.68 percent in 2026. The government aims to further reduce the shortfall, with its ultimate goal being a balanced budget. State expenditure is planned to rise to Rp4,097.2 trillion, while revenue is forecast to increase to Rp3,426 trillion.
Fri, 14 Aug 2026, 16:45 WIB
Philippine president says joint oil and gas exploration with China a 'distinct possibility'
Philippine President Ferdinand Marcos Jr has indicated a 'distinct possibility' of joint oil and gas exploration with China in the South China Sea, as Manila urgently seeks to bolster its energy security. Despite long-standing territorial disputes, Marcos noted progress in bilateral talks and stressed that the Philippines is not distancing itself from China economically. The discussions, which resumed in March, are focused on resolving outstanding issues including sovereign rights and the terms of reference for any eventual arrangement.
Fri, 14 Aug 2026, 16:44 WIB
Prabowo Seeks Single-Door Export Support, Receives Standing Ovation from MPs
President Prabowo Subianto has urged the House of Representatives to back a single-door export mechanism aimed at establishing Indonesia as a price setter for its mineral commodities. He criticised the long-standing practice where foreign exchanges dictate the prices of Indonesian resources like nickel, coal, and palm oil. The government targets launching a strategic mineral and commodity exchange under OJK supervision by 1 January 2027.
Fri, 14 Aug 2026, 16:44 WIB
UAE Accuses Iran of Attacking Two ADNOC Ships in Strait of Hormuz
The United Arab Emirates has accused Iran of attacking two vessels linked to the state-owned Abu Dhabi National Oil Company (ADNOC) as they transited the Strait of Hormuz. The incident, which caused minor damage but no casualties, adds to escalating tensions in the strategic waterway. The attacks come amid broader regional instability and Iranian demands for the lifting of sanctions and an end to aggression against its allies before the strait can be fully reopened.
Fri, 14 Aug 2026, 16:42 WIB
Prabowo Delighted: No More Ministry Anniversary Budgets, Just a Tumpeng Ceremony
President Prabowo Subianto has mandated strict budget discipline across all government ministries, banning wasteful spending on projects with minimal benefit. He expressed satisfaction that dedicated budgets for ministry anniversary celebrations have been eliminated, suggesting simple office ceremonies instead. The directive underscores his administration's focus on fiscal efficiency and accountability for every rupiah spent.
Fri, 14 Aug 2026, 16:42 WIB
Panimbang Residents Enjoy Clean Water Access
Residents of Panimbang village in Cilacap, Central Java, are experiencing significant improvements in their daily lives following the construction of a community-based water supply and sanitation system (PAMSIMAS). The new infrastructure has brought clean water directly to homes, eliminating the need for long journeys to fetch water. The project's success is attributed to strong community involvement in planning, management, and maintenance, fostering a sense of ownership and ensuring long-term sustainability.
Fri, 14 Aug 2026, 16:41 WIB
Prabowo to Deploy Air Ambulances and Flying Doctors for Remote Communities
President Prabowo Subianto has announced plans to introduce air ambulances and deployable medical teams to improve healthcare access in Indonesia's remote regions. The initiative aims to prevent deaths caused by long travel times to health facilities, particularly among expectant mothers. The service will utilise helicopters and small aircraft capable of landing on grass fields, sand, and riverbanks.
Fri, 14 Aug 2026, 16:41 WIB
IDX: IHSG Strengthening Triggered by Positive Market Response to President Prabowo's Speech
The Indonesia Stock Exchange (IDX) attributed the recent strengthening of the Jakarta Composite Index (IHSG) to positive investor reactions to President Prabowo Subianto's state address. The market responded favourably to the President's emphasis on economic stability, growth, and future investment opportunities. IDX Director Irvan Susandy noted that healthy economic growth would likely improve the performance of listed companies, thereby boosting the capital market.
Fri, 14 Aug 2026, 16:40 WIB
Husein Sastranegara Airport Reopens, Jet Flights Resume from Bandung
Bandung's Husein Sastranegara Airport has resumed commercial jet operations, with Garuda Indonesia and Citilink serving multiple domestic routes. The reopening restores vital air connectivity for West Java, while international flights are targeted to commence in October 2026.
Fri, 14 Aug 2026, 16:40 WIB
Speaker Puan: 2027 State Budget of Nearly Rp 4,000 Trillion Must Deliver Public Welfare
House Speaker Puan Maharani has officially opened the 2026-2027 parliamentary session, highlighting that the 2027 State Budget (APBN) could approach Rp 4,000 trillion. She stressed that the budget's performance must meet the people's needs to improve their livelihoods, balancing economic growth with social justice. The DPR and government will focus on deliberating 14 draft laws and continue work on 48 others, including the Asset Forfeiture Bill.
Fri, 14 Aug 2026, 16:40 WIB
Para Pelaku Usaha Di Kota Malang Dikenalkan OSS RBA Dan Penanaman Modal
Pemerintah Kota Malang melalui DisnakerPMPTSP mengadakan sosialisasi dan bimbingan teknis mengenai Online Single Submission Risk Based Approach (OSS RBA) dan penanaman modal kepada 216 pelaku usaha. Kegiatan ini bertujuan untuk menindaklanjuti perubahan regulasi dalam UU Cipta Kerja, memangkas birokrasi perizinan, dan meningkatkan iklim investasi di Kota Malang. Para pelaku usaha juga diingatkan mengenai kewajiban penyampaian LKPM serta pendaftaran BPJS Kesehatan dan Ketenagakerjaan, dengan ancaman pencabutan izin jika tidak dipenuhi.
Fri, 14 Aug 2026, 16:40 WIB
Police Engage All Elements of Society to Maintain Security in Nusantara Capital City (IKN)
The Nusantara Capital City (IKN) Police held a community security and order (Kamtibmas) rally, bringing together traditional and religious leaders, the military, government, and private sector to commit to maintaining stability. The event, part of a province-wide initiative, included the signing of a 'Kamtibmas Belt' pledge. East Kalimantan Police Chief Irjen Pol Endar Priantoro emphasised the importance of public collaboration and digital literacy to prevent hoaxes and social conflict in support of the national strategic project.
Fri, 14 Aug 2026, 16:40 WIB
40 Countries Now 'Flagged' by Trump, Including Indonesia: What's Happening?
The Trump administration has identified 40 countries, including Indonesia, as potential conduits for China to circumvent US tariffs through illegal transshipment. Indonesia is placed in a second-tier group of nations with supply chains deeply integrated with Chinese manufacturing. The White House plans to deploy an AI-powered 'detective border' system to scrutinise shipments and will evaluate the effectiveness of anti-transshipment measures.
Fri, 14 Aug 2026, 16:39 WIB
Indonesia's DPD pushes green democracy for sustainable development
The Speaker of Indonesia's Regional Representative Council (DPD RI) has proposed a 'green democracy' concept to balance political development with ecological and social sustainability. Sultan B. Najamuddin argued the approach is needed to reduce the high costs of democratic processes and to ensure the country's demographic bonus supports the Golden Indonesia 2045 vision. The proposal was presented during a joint parliamentary session coinciding with the 81st Independence Day commemoration.
Fri, 14 Aug 2026, 16:39 WIB
Prabowo to Expedite Giant Sea Wall Construction as Java's North Coast Reaches Critical State
President Prabowo Subianto has announced the immediate commencement of the Giant Sea Wall project to protect Java's north coast from severe abrasion and rising sea levels. The megaproject, expected to take 15 to 20 years to complete, will stretch from Banten to Gresik and is also designed to provide clean water and stimulate new economic growth. Prabowo stressed that the project is crucial for safeguarding the livelihoods of millions and the future of Indonesia's industrial heartland.
Fri, 14 Aug 2026, 16:39 WIB
Prabowo Sets Oil Lifting Target at 610,000 Bpd in 2027 State Budget Draft
President Prabowo Subianto has outlined key energy assumptions for the 2027 State Budget Draft, maintaining the crude oil lifting target at 610,000 barrels per day. The natural gas lifting target has been reduced to 954,000 barrels of oil equivalent per day, down from the 2026 assumption. The government also set the Indonesian Crude Price assumption at US$75 per barrel, which will influence state revenue projections from the oil and gas sector.