Indonesian Political, Business & Finance News

Archive: 17 August 2026

Showing 1,101-1,150 of 1,319 articles

PLN restores 11 main substations supplying electricity to Flores

State electricity company PLN has restored 11 main substations on Flores Island, East Nusa Tenggara, following a magnitude 7.7 earthquake. While the primary supply is back to normal, 29 villages remain without power due to limited access and isolation caused by the quake and landslides. PLN says it is prioritising safety as it works to repair distribution networks in affected areas.

Maintaining Halal, Controlling Compliance Costs

Indonesia's halal product assurance regime is entering a decisive phase, with new BPJPH regulations requiring clear labelling of non-halal products and verification of imported halal goods. The article argues that while halal integrity must be strictly upheld, compliance costs must also be kept proportionate and efficient. It frames the non-halal labelling requirement as a consumer protection and legal certainty measure rather than a form of stigmatisation.

Dasco's hopes for Indonesia's 81st Independence Day: Optimistic in facing dynamics towards Golden Indonesia

Deputy Speaker of the Indonesian House of Representatives Sufmi Dasco Ahmad expressed condolences for the M 7.7 earthquake in East Nusa Tenggara and confirmed that the government and parliament have held coordination meetings to respond. He called on the public to remain optimistic and work together with the government towards the Golden Indonesia vision. A parliamentary task force led by Dasco has been deployed to oversee post-disaster recovery efforts.

Danantara Housing Expo 2026 to be held at NICE PIK 2

Danantara will host the Danantara Housing Expo 2026 from 27–30 August 2026 at Nusantara International Convention Exhibition (NICE), PIK 2. The public event will showcase housing options across affordable and premium segments, alongside financing schemes from state-owned banks. Visitors will also have the chance to win prizes including four apartment units, one house, and a solar panel set.

State Secretary Confirms Ministers Attending Independence Day Ceremony in NTT Will Also Handle Earthquake Response

State Secretary Prasetyo Hadi has confirmed that several ministers and deputy ministers are in East Nusa Tenggara (NTT) to lead Independence Day ceremonies while simultaneously overseeing earthquake disaster response. The officials include the Coordinating Minister for Human Development and Culture, the Home Affairs Minister, and the Public Works Minister. The BMKG has recorded 1,598 aftershocks in NTT following the significant earthquake.

Trump Family Crypto Firm Receives Conditional Approval from US Regulator

World Liberty Financial, a crypto company partly owned by entities affiliated with Donald Trump and his family, has received conditional approval from the US Office of the Comptroller of the Currency to establish a national trust bank. The approval would allow the firm to issue its own dollar-backed stablecoin and bring services in-house, though it must still meet additional capital and other requirements. The decision has drawn sharp criticism from Democratic lawmakers, including Senator Elizabeth Warren, who called it a blatant conflict of interest.

Indonesia's Gold Reserves Still Considered Low, Indef Reveals Comparison

Indonesia's gold reserves stood at around 87 tonnes, or 9.6 percent of total foreign exchange reserves, in 2026, according to the Institute for Development of Economics and Finance. Senior economist Aviliani said this share remains relatively low compared with countries such as the United States, Germany and Italy. She noted that there is no single ideal ratio, as the appropriate level depends on each country's economic structure, liquidity needs and central bank strategy.

BMKG Records 1,598 Aftershocks in NTT This Morning

Indonesia's Meteorology, Climatology and Geophysics Agency (BMKG) has recorded 1,598 aftershocks in East Nusa Tenggara following the magnitude 7.7 earthquake that struck Flores on 15 August 2026. The provincial government has declared a 14-day emergency response status to accelerate disaster relief efforts. Aftershock activity is expected to gradually subside over the next two to three weeks.

Over 8,000 Prisoners Granted Remission for Indonesia's 81st Independence Day

More than 8,000 prisoners in Indonesia have received sentence reductions as part of the 81st anniversary of the nation's independence. Minister of Immigration and Corrections Agus Andrianto stated that the remissions, ranging from one to two months, were granted based on statutory provisions and the rehabilitation programmes completed by inmates. He emphasised that corruption convicts are also eligible for remission provided they meet the requirements, as discrimination based on the type of offence is prohibited.

Hamas Meets Trump's Son-in-Law to Discuss Gaza Plan Rejected by Israel

Hamas leaders met with Jared Kushner, US President Donald Trump's envoy and son-in-law, in Egypt to discuss the implementation of a Gaza peace plan that Israel has rejected. The Palestinian group reaffirmed its commitment to the 15-point roadmap, while Kushner pressed for disarmament and an end to Hamas's future role in governing Gaza. Israeli Prime Minister Benjamin Netanyahu has vowed not to withdraw troops until Hamas is fully disarmed.

81st Independence Day Ceremony at the Palace: State Secretary Wears Palembang Traditional Attire

State Secretary Prasetyo Hadi confirmed he and his staff will wear traditional Palembang attire for the 81st Indonesian Independence Day ceremony at Merdeka Palace. He declined to reveal what President Prabowo will wear, saying it should remain a surprise. The ceremony is scheduled to begin at 10:00 WIB.

South Jakarta residents view Independence Day as a moment for creative freedom

Residents of South Jakarta interpret the 81st anniversary of Indonesian independence as an opportunity for free creativity and innovation. Community leaders emphasise that independence should be realised through open spaces for residents to generate ideas and solve local problems. The spirit is embodied in local programmes such as 'Bang Jali', which encourages residents not to rely solely on the government.

TelkomGroup Provides Free Internet Access at NTT Evacuation Posts

TelkomGroup has deployed free internet and communication services at evacuation posts in East Nusa Tenggara following the recent earthquake. The initiative includes IndiHome WiFi, SIM cards, data packages, and a 24-hour disaster hotline to support affected residents and emergency responders. The company is also monitoring infrastructure and accelerating service restoration during the recovery period.

Red and White Procession at Monas Begins 81st Anniversary of Indonesia's Proclamation of Independence

The Red and White Procession departed from the National Monument (Monas) to Merdeka Palace in Jakarta on Monday, marking the start of the 81st anniversary of Indonesia's Proclamation of Independence. Purna Paskibraka Duta Pancasila 2025 members carried the heirloom flag and the Proclamation manuscript aboard the Garuda Prabayaksa golden carriage, escorted by mounted TNI troops. The commemoration carries the theme 'Indonesia Berdaulat, Adil, dan Makmur' (Sovereign, Just, and Prosperous Indonesia).

Ma'ruf Amin and Dewi Soekarno attend Indonesian Independence Day ceremony

Former Vice Presidents Jusuf Kalla and Ma'ruf Amin, along with Dewi Soekarno, widow of Indonesia's first president, attended the 81st Independence Day proclamation ceremony at the Merdeka Palace in Jakarta. Ma'ruf Amin expressed hopes for national prosperity and unity, while Dewi Soekarno remarked on the significant changes to the palace complex and wished Indonesia continued progress.

Ma'ruf Amin's Message on Indonesia's 81st Independence Day: Do Not Let Turmoil Disrupt the Nation's Aspirations

Vice President Ma'ruf Amin has urged Indonesians to maintain harmony and strengthen unity to prevent instability from disrupting the nation's goals. Speaking at the Merdeka Palace ahead of the 81st Independence Day ceremony, he emphasised that a safe, peaceful and tranquil atmosphere is essential for realising the country's aspirations. The message was delivered amid high public enthusiasm for the celebrations, with the government expanding seating capacity to accommodate the large turnout.

81st Indonesian Independence Day at Merdeka Palace Highlights Archipelago Arts and Culture

The 81st anniversary of Indonesia's independence at Merdeka Palace was designed with a stronger emphasis on Nusantara culture and arts, according to State Secretary Prasetyo Hadi. The concept aims to preserve Indonesian traditions and pass them on to future generations. Prasetyo also apologised to members of the public who were unable to obtain tickets due to high demand.

Anak Krakatau Erupts Eight Times in a Day, Spewing Incandescent Lava

Mount Anak Krakatau in South Lampung erupted eight times within 24 hours, emitting incandescent lava and ash columns up to 300 metres high. The volcano remains at Level III (Siaga) alert status, prompting authorities to maintain a three-kilometre exclusion zone around the active crater.

81 Years of Indonesian Independence: From Technology User Nation to Digital Nation

As Indonesia marks 81 years of independence, the country is transitioning from a connectivity-focused digital journey to an AI-driven era. While adoption of AI has reached 92 percent, significant gaps in infrastructure quality, digital capability, and value creation remain. The article argues that Indonesia must move beyond being a mere technology user to becoming a creator of innovation to secure its place in the global digital value chain.

KPK Chairman Warns Staff to Uphold Integrity, Not Just a Slogan

KPK Chairman Setyo Budiyanto has urged all employees of the anti-corruption agency to maintain integrity as a national necessity, not merely because they work for the institution. Speaking at Indonesia's 81st Independence Day ceremony, he stressed that integrity must stem from honest conduct rather than strict oversight. He called on staff to place national interests above personal ones to preserve public trust in the KPK.

Jakarta Traffic Engineering During 81st Indonesian Independence Day, 18 Roads Affected

The Jakarta Transportation Agency has implemented situational traffic engineering on 18 roads to support the 81st Indonesian Independence Day celebrations. The measures aim to ensure public safety and smooth mobility around the National Monument and Dukuh Atas areas. Motorists are advised to follow officer directions and use public transport where possible.

Contributions to Indonesian Cooperatives Recognised, Here Are the Categories

The Ministry of Cooperatives will hold the Koperasi Awards 2026 on 20 August to honour individuals and institutions that have contributed to strengthening Indonesia's cooperative sector. Five award categories have been announced, recognising roles ranging from government officials to community figures. The awards reflect the government's broader push to revitalise cooperatives as a pillar of the national economy.

After NTT Earthquake: 12 Landslide Points Handled, 3 Dams Still in Good Condition

Coordinating Minister for Infrastructure and Regional Development Agus Harimurti Yudhoyono has prioritised restoring connectivity in earthquake-affected areas of East Nusa Tenggara to ensure aid distribution and public mobility. The Ministry of Public Works is addressing 12 landslide points on major roads, while initial inspections found three dams in good condition. The government is also assessing damage to roads, bridges, water infrastructure, and public facilities to prepare for rehabilitation and reconstruction.

Marbles Become Independence Day Souvenirs at the Palace, State Secretary Reveals Their Meaning

Guests attending Indonesia's 81st Independence Day ceremony at Merdeka Palace received souvenir bags containing traditional items including marbles, fans, and notebooks. State Secretary Prasetyo Hadi explained that the souvenirs were chosen to preserve and promote Indonesian cultural traditions for future generations. The event accommodated 9,800 invited guests, with additional tents and screens provided for members of the public without tickets.

Housing Minister wears Lampung traditional attire while leading 81st Independence Day ceremony

Minister of Housing and Residential Areas Maruarar Sirait led the 81st Indonesian Independence Day ceremony at his ministry wearing traditional Lampung attire. He highlighted increased government support for housing, including a Rp50 trillion housing microcredit scheme and a rise in subsidised housing quotas from 220,000 to 350,000 units. The minister emphasised the need for integrity and quality in delivering affordable homes for the public.

Foreign Tourists Solemnly Witness Indonesia's Independence Day Ceremony in Denpasar, Bali

Foreign tourists joined local residents in witnessing the 81st Indonesian Independence Day ceremony at Niti Mandala Field in Denpasar, Bali, led by Governor Wayan Koster. A British tourist expressed pride in observing the national celebration, while Koster highlighted the event's significance for Bali's tourism identity. The governor also used the occasion to remind young people of the sacrifices of national heroes and to reaffirm efforts to reduce poverty and unemployment in the province.

Prabowo considers visiting NTT to review earthquake response

President Prabowo Subianto is weighing a visit to East Nusa Tenggara to assess the government's response to a magnitude 7.7 earthquake that struck the region. Several ministers and agency heads have already been deployed to ensure rapid and coordinated relief efforts. The government has dispatched 50,000 food packages and instructed state-owned enterprises to support emergency operations.

On Possibility of Prabowo Visiting NTT Earthquake Victims, Palace Says This

State Secretary Minister Prasetyo Hadi has said the government is still assessing the situation before deciding whether President Prabowo Subianto will visit victims of the 7.7 magnitude earthquake in East Nusa Tenggara. Several ministers have already been deployed to the disaster area. The National Disaster Management Agency (BNPB) has reported 53 deaths and 135 injuries from the earthquake.

Second Day After NTT Earthquake, Cabinet Secretary Teddy: Additional 25 Tonnes of Aid Dispatched

The Indonesian government has dispatched an additional 25 tonnes of logistical aid to areas affected by the M 7.7 earthquake in East Nusa Tenggara, bringing the total to 52 tonnes. Cabinet Secretary Teddy Indra Wijaya said the aid includes ready-to-eat meals, drinking water, basic foodstuffs, medicines, health equipment, tents and clean water. Distribution is being carried out by land, aircraft and helicopter to eight affected regencies.

Eight countries condemn Israel's rejection of Gaza peace roadmap

Eight nations, including Indonesia, have jointly condemned Israel's rejection of a US-backed peace roadmap for Gaza. The foreign ministers argued that Israel is now responsible for obstructing efforts to achieve peace in the enclave. They urged Israel to comply with the plan, which includes disarmament, troop withdrawal, and the deployment of international stabilisation forces.

Full Line-up of the 'Sovereign Indonesia' Paskibraka Team

The full line-up of the national flag-hoisting team (Paskibraka) for Indonesia's 81st Independence Day ceremony at the Merdeka Palace has been officially announced. The team, named 'Indonesia Berdaulat' (Sovereign Indonesia), will be led by Celina Olivia Apriani Theo from West Kalimantan as the flag bearer. The ceremony is scheduled to take place on Monday, 17 August.

Dollar Falls, Gold Prices Rise

Gold prices strengthened in early trading on Monday, supported by a weaker US dollar, reduced expectations of a Federal Reserve rate hike, and ongoing geopolitical tensions. The precious metal was trading at US$4,386.76 per troy ounce, up 0.54% from Friday's close. Analysts note that gold is approaching a key decision point, with the US$4,400 level acting as a near-term resistance.

Prabowo leads Heroes Cemetery tribute before Independence Day

President Prabowo Subianto led a midnight wreath-laying ceremony at the Heroes Cemetery ahead of Indonesia's Independence Day, accompanied by Vice President Gibran Rakabuming Raka and senior officials. The annual tribute honours fallen heroes and marks the start of national commemorations, with state officials emphasising heroism as a source of inspiration for unity and development.

Garuda Prabayaksa Golden Carriage Carries Red and White Flag and Proclamation Text to Palace

The Garuda Prabayaksa golden carriage transported the sacred Red and White flag and the Proclamation text from the National Monument to Merdeka Palace in Jakarta as part of the Independence Day procession. The carriage was escorted by military police motorcyclists, a police academy drum corps, and cavalry units. The procession forms part of the 81st Indonesian Independence Day commemoration ceremony themed 'Sovereign, Just, and Prosperous Indonesia'.

Fuel prices stable on 81st anniversary of Indonesian independence

Retail fuel prices at Pertamina, Shell, and bp stations in Jakarta remained unchanged on the 81st anniversary of Indonesian independence. Prices have held steady since 1 August 2026, with minor adjustments at Shell and bp outlets compared with earlier levels.

ITDC opens 2,500 volunteer positions for 2026 Indonesian MotoGP

InJourney Tourism Development Corporation (ITDC) is recruiting 2,500 local volunteers from West Nusa Tenggara to support the 2026 Pertamina Grand Prix of Indonesia at the Mandalika Circuit. Recruitment will take place through walk-in interviews from 24–31 August 2026, with selected volunteers receiving daily honorariums, meals, certificates, and employment accident insurance. The initiative aims to strengthen local human resource capacity and foster community ownership of the international event.

Flag Bearer for Indonesia's 81st Independence Day at the Palace: Celina Olivia Apriani Theo

Celina Olivia Apriani Theo from West Kalimantan has been selected as the flag bearer for the 81st anniversary of Indonesia's independence at Merdeka Palace. The Paskibraka team, named 'Indonesia Berdaulat', comprises students from various provinces across the country. The ceremony is scheduled to take place on 17 August 2026.

Heritage Flag Parade opens 81st Indonesian Independence Day commemoration in Jakarta

The Heritage Flag Parade commenced the 81st anniversary of Indonesia's independence, moving from the National Monument to Merdeka Palace in Central Jakarta. The procession featured mounted troops, a marching band, and the Garuda Prabayaksa state carriage carrying the heritage flag and proclamation text. The event is part of the official commemoration themed 'Indonesia Berdaulat, Adil, dan Makmur' (Sovereign, Just, and Prosperous Indonesia).

Red and White Flag Flies on the Seabed of Biak, Papua, Commemorating Important Indonesian History

The Indonesian Women's Diving Association (WASI) held an underwater flag ceremony and parade off Biak Island, Papua, to mark Indonesia's independence and honour the region's wartime history. The event took place at dive sites containing wrecks from World War II and the Dutch colonial era. Organisers hope the activity will promote Biak as a tourism destination while encouraging love and care for Indonesia's marine environment.

Gold Price List at Pegadaian Galeri 24 on Indonesia's 81st Independence Day

Gold bullion prices at Pegadaian's Galeri 24 strengthened across all brands on Monday, 17 August 2026, coinciding with Indonesia's 81st Independence Day. The price increases affected Galeri 24, Antam, UBS, and Antam Mulia Retro products ranging from 0.5 grams to 1,000 grams. The article provides a detailed price list for both selling and buyback rates.

Palace Prepares Big Screens for Citizens Who Miss Out on Independence Day Ceremony Tickets

The State Secretariat has expanded seating and installed large screens outside Merdeka Palace to accommodate the high public interest in the 81st Independence Day ceremony. Minister of State Secretary Prasetyo Hadi apologised to citizens who were unable to secure tickets despite repeated attempts. Residents began queuing as early as 3 a.m., with many wearing traditional attire.

NTT Lawmakers Describe Earthquake Aftermath: Residents Still Traumatised

Members of Indonesia's House of Representatives from East Nusa Tenggara have reported that residents of Flores remain traumatised following a magnitude 7 earthquake, with aftershocks continuing and many still on high alert. The death toll has risen to 53, with 135 injured, while infrastructure damage is hampering the delivery of aid to affected areas. Lawmakers have praised President Prabowo Subianto's rapid response and noted that emergency kitchens and local government assistance have been mobilised.

TNI Koops Habema soldiers raise Red and White flag in Ugimba District

Indonesian Army soldiers from the Habema Operations Command held a flag-raising ceremony in the remote Ugimba District of Intan Jaya Regency, Central Papua, to mark Indonesia's 81st Independence Day. Commanders emphasised that the ceremony symbolises the state's presence in isolated regions and demonstrates the link between security stability and community development. The operation also included the delivery of aid to local residents.

81st Independence Day: State Secretary Urges People to Unite and Strengthen Unity

State Secretary Prasetyo Hadi called on all Indonesians to use the 81st Independence Day as a motivation to work hard and serve the nation. He stressed that the spirit of independence must be realised through concrete efforts to build a sovereign, just, and prosperous Indonesia. The government prepared additional seating and facilities due to high public enthusiasm for the ceremony at the State Palace.

KPK to Send Aid to Earthquake Victims in NTT

The Corruption Eradication Commission (KPK) has expressed its condolences and pledged to send aid to victims of the recent earthquake in East Nusa Tenggara (NTT). Chairman Setyo Budiyanto has instructed the Secretary-General to coordinate donations and material assistance for affected areas. The earthquake, which struck on 15 August, has resulted in 53 deaths and 135 injuries according to the National Disaster Management Agency (BNPB).

Hamas urges mediators to press Israel to agree to roadmap for second phase of Gaza ceasefire

Hamas has called on mediators and guarantors to pressure Israel into accepting a roadmap for the second phase of the Gaza ceasefire agreement. The group says it has already accepted the plan, which aims to secure a permanent ceasefire and full Israeli withdrawal. Israeli Prime Minister Benjamin Netanyahu has rejected the US-backed roadmap, insisting Hamas must be fully disarmed first.

ASDP and Pelni Provide Free Logistics Delivery for NTT Earthquake Victims

State-owned ferry operator ASDP Indonesia Ferry and national shipping company Pelni are offering free sea transport for humanitarian aid to communities affected by the earthquake in East Nusa Tenggara. The initiative aims to accelerate post-disaster recovery and ensure basic needs reach affected areas. Both companies are mobilising their fleets and networks to support the government's emergency response efforts.

Bangladesh’s ousted dictator vows to return home

Ousted Bangladeshi premier Sheikh Hasina has vowed to return to Bangladesh in December, prompting sharp criticism from Dhaka, which accused India of allowing a convicted individual to attack the state from its soil. Bangladesh has reiterated its demand for Hasina's extradition under a 2013 treaty, while New Delhi maintains it had no role in the press event and will not force her departure without assurances of due legal process.

Garuda Prabayaksa Carriage Arrives at Palace Carrying Flag and Proclamation Text

The Garuda Prabayaksa state carriage arrived at Merdeka Palace on Monday morning carrying the sacred flag and proclamation text from the National Monument as part of the Red and White procession. The carriage, specially made in Sleman, Yogyakarta, for Indonesia's 80th independence anniversary, was escorted by military police, cavalry, and Nusantara Kingdom troops. The procession forms part of the 81st Independence Day commemoration ceremony themed 'Sovereign, Just, and Prosperous Indonesia'.

15 Female Military Police Officers Escort Heritage Flag Procession to the Palace

Fifteen female military police officers led the escort of the heritage flag and proclamation text from the National Monument to Merdeka Palace on Indonesia's 81st Independence Day. The procession marked the start of the proclamation ceremony, with the flag and text carried in the Garuda Prabayaksa ceremonial carriage. State Secretary Minister Prasetyo Hadi confirmed preparations were complete for the national commemoration.