Indonesian Political, Business & Finance News

Archive: 25 August 2026

Showing 801-850 of 1,030 articles

Financing for Companies with Forest Fire Risk Must Be Tightened

A member of Indonesia's House of Representatives Commission XI has called on the Financial Services Authority (OJK) and banks to strengthen oversight of financing for plantation and forestry companies with forest and land fire risks. Habib Idrus Salim Aljufri argued that environmental track records, including repeated fires in concession areas, must be a key part of credit risk assessment. He also urged that stricter financing for problematic companies should not restrict access to credit for smallholder farmers practising sustainable land management.

328 Schools in Nagekeo Damaged by Earthquake, Students Learning in Evacuation Shelters

A 7.7 magnitude earthquake has damaged 328 schools in Nagekeo Regency, East Nusa Tenggara, forcing students to continue their education from evacuation posts and unaffected homes during the emergency response period. The local education office has implemented distance learning methods, with teachers delivering materials online where possible and in person where connectivity is poor. The central government has allocated Rp 860 million in aid for 61 affected schools on Flores Island.

BRIN's Forest Fire Suppression Technology vs the World

Indonesia's National Research and Innovation Agency (BRIN) is deploying AI-based satellite detection, weather modification, and drone technology to combat forest and land fires during the 2026 dry season. Its GEOMIMO platform integrates remote sensing data for early detection, while Dumakron seeding material and flare technology aim to induce rain. The article compares these efforts with advanced automated firefighting systems being developed in the United States, Australia, and Canada.

BMKG detects 473 hotspots in South Kalimantan

Indonesia's Meteorology, Climatology and Geophysics Agency (BMKG) has identified 473 hotspots across South Kalimantan, with the highest concentrations in Hulu Sungai Selatan, Tapin and Banjar regencies. Most hotspots are categorised as moderate, while 32 are high-risk. Nearly all districts in the province are under a red-zone forest and land fire warning.

PRR Task Force Steps Up Oversight of Additional Regional Transfer Realisation in Disaster-Affected Areas

The Post-Disaster Rehabilitation and Reconstruction Task Force (Satgas PRR) for Sumatra is intensifying monitoring of additional Regional Transfer (TKD) spending in disaster-affected districts across Aceh, North Sumatra, and West Sumatra. Realisation rates remain uneven, with West Sumatra leading at 13.49 per cent while several districts, including Central Tapanuli, have yet to spend any of their allocated funds. The task force is providing technical assistance and field monitoring to accelerate accountable use of the funds for basic services, connectivity, housing, and livelihoods.

Asia Pacific Coatings Show to Feature 170 Exhibitors from 10 Countries

The Asia Pacific Coatings Show opens tomorrow at Jakarta International Expo, bringing together over 170 exhibitors from 10 countries across the Asia Pacific region. The three-day event will feature a ChemTalks programme with 15 technical and commercial sessions addressing industry developments. Organisers anticipate a stronger edition this year, providing a platform for suppliers, manufacturers, and technical specialists to connect and share expertise.

Can Business and Conservation Unite for Mutual Benefit?

Indonesian economists and conservation groups are exploring how bioeconomy models, nature-based solutions, and green investment can replace extractive economic approaches. Yayasan KEHATI is hosting a forum to align conservation with economic development and national competitiveness.

Recorded in Decile 9, Becak Driver Timbul Confused About Applying for Child's Tuition Relief

A becak driver in Kulon Progo was surprised to find his household recorded in decile 9 when applying for tuition relief for his son at Yogyakarta State University. Timbul, who previously received social assistance, now faces difficulty obtaining a certificate of indigence. The BPS has stated that decile changes remain possible pending verification.

Russia claims to have destroyed 351 Ukrainian drones overnight

Russia's Defence Ministry reported that its air defence systems intercepted and destroyed 351 Ukrainian fixed-wing drones overnight. Meanwhile, the European Commission approved a new €6.1 billion defence procurement package for Ukraine, including air defence systems, missiles, ammunition, and radar. Ukrainian Foreign Minister Andrii Sybiha also announced the arrival of European Council President Antonio Costa and British Prime Minister Andy Burnham in Kyiv.

Ministry of Forestry Stresses PBPH Must Take Extra Measures in Controlling Forest and Land Fires in Their Areas

The Ministry of Forestry has warned that extreme El Nino weather conditions in 2026 and 2027 require all Forest Utilisation Business Permit holders to go beyond business-as-usual approaches to forest and land fire control. Director General Laksmi Wijayanti emphasised that compliance will be measured through proactive prevention, rapid response, and genuine collaboration rather than paperwork alone. An initial evaluation found around 10 percent of permit holders still need to improve their reporting discipline.

Polda Metro Jaya detains two youths suspected of planning a brawl in East Jakarta

Police in East Jakarta detained two young men suspected of preparing to engage in a street brawl in Ciracas. Officers seized four sharp weapons and two motorcycles during the operation. Authorities have urged families and communities to help prevent youth involvement in street violence.

Public Works Ministry deploys water pumps to tackle drought in Sarolangun farmland

Indonesia's Public Works Ministry has deployed irrigation pumps to channel water from the Batang Asai River to drought-affected rice fields in Sarolangun Regency, Jambi. The intervention covers 5.1 hectares of farmland and benefits around 15 farmers, with longer-term plans including a proposed bore well to reduce reliance on rainfall.

Indonesian Scientist Discovers Cassava-Based Fire Extinguisher to Help Tackle Forest Fires

An Indonesian scientist has developed a chemical fire suppressant derived from cassava peel extract that can break the chain reaction in fires, drastically reducing temperatures without producing smoke. The National Disaster Mitigation Agency (BNPB) is exploring its use to strengthen efforts against forest and land fires. The inventor, Randall Hartolaksono, has commercialised the technology through his company Hartindo Chemicatama Industri.

Stocks rise and oil slips as traders eye Iran threat, Nvidia results

Global equities mostly rose while oil prices dipped as markets digested Washington's intensified economic pressure campaign against Iran, which appears designed to avoid immediate military escalation and ease inflation concerns. Attention now turns to Nvidia's earnings as a key test for the artificial intelligence investment boom, alongside the Jackson Hole central bankers' gathering for signals on monetary policy.

Kodam XII/Tanjungpura deploys 1,200 personnel to tackle forest and land fires

Kodam XII/Tanjungpura has mobilised approximately 1,200 additional personnel to strengthen forest and land fire management across West Kalimantan. The deployment follows directives from the President, ministers, the TNI Commander and the National Police Chief. The military command is coordinating with provincial agencies, disaster authorities and local volunteers to accelerate response times and prevent fires from spreading during the ongoing dry season.

West Kalimantan Police deploy 300 Brimob personnel to tackle forest and land fires

The West Kalimantan Regional Police have received an additional 300 Mobile Brigade (Brimob) personnel to strengthen efforts against forest and land fires in eight priority districts. The deployment is part of the Aman Nusa Dua task force and follows a directive from the National Police Chief. Police are also tightening oversight of companies near fire sites and preparing water sources such as embankments and trenches.

Oil Tanker Struck by Projectile off the Coast of Oman

An oil tanker was hit by an unidentified projectile in the Strait of Hormuz off the coast of Oman, causing engine damage but no casualties. The incident comes amid heightened tensions in the region, with Iran having imposed an effective blockade on the strait since late February. The UK Maritime Trade Operations confirmed the vessel was disabled by the strike.

House Commission IX pushes for incentives for health workers in disaster zones

House of Representatives Commission IX has urged the government to provide incentives for health workers affected by the earthquake in East Nusa Tenggara while continuing to serve in disaster areas. The commission also called for attention to nurses, not just specialist doctors, and for local governments to survey damaged homes of medical personnel. The push follows a visit by commission members to health facilities in Manggarai Regency after the 7.7 magnitude earthquake.

Former Jokowi Minister Visits IKN and Sees It Firsthand, Response Is Unexpected

Suharso Monoarfa, Indonesia's former Minister of National Development Planning, visited the Nusantara Capital City (IKN) to observe construction progress firsthand. He expressed satisfaction with the development and urged domestic investors to be bolder in seizing opportunities there. The visit highlighted IKN's sponge city concept, with 32 retention ponds already operational and 24 more planned for 2026.

7,029 Aftershocks Rock East Nusa Tenggara, Largest at 6.2 Magnitude

The Meteorology, Climatology and Geophysics Agency (BMKG) has recorded 7,029 aftershocks following the 7.7 magnitude earthquake that struck Flores, East Nusa Tenggara, with the largest measuring 6.2 magnitude. The seismic activity continues as disaster response efforts remain underway, with the National Disaster Mitigation Agency (BNPB) reporting 100 fatalities, 1,603 injuries and 180,327 displaced people.

House Commission III Targets Asset Forfeiture Bill to Be Passed by December 2026

House of Representatives Commission III is aiming to pass the Asset Forfeiture Bill into law by December 2026, with only about eight weeks of effective sitting time remaining. The commission has held 35 public hearings and three regional working visits, with the public broadly supportive of the bill. Key issues under discussion include non-conviction based asset forfeiture and a carefully designed reverse burden of proof mechanism to prevent abuse of power.

Surabaya Fatal Hit-and-Run Suspect Admits Consuming Alcohol

A woman suspected in a fatal hit-and-run near Surabaya's Grahadi State Building has admitted to drinking heavily before driving. Police confirmed her blood alcohol level was 1.06 percent, far above the legal limit, and she now faces multiple charges carrying up to six years in prison.

Scientists Predict the End of the World, Earliest in November 2026

Predictions about the end of the world have resurfaced, with physicist Heinz von Foerster's theory pointing to 13 November 2026 as a potential doomsday date. His calculation, based on uncontrolled human population growth, suggests the planet will reach its maximum carrying capacity by that year. Other predictions from religious and scientific figures range from 2026 to 2280.

US threatens China with sanctions if it insists on doing business with Iran

The United States has warned China and other nations of heightened secondary sanctions risk if they continue trading with Iran, as Washington launches a new campaign targeting five key sectors of the Iranian economy. The 'Operation Economic Outcast' initiative focuses on digital assets, technology, gold, aviation, and shipping. The threat comes as President Trump pursues a deal with Iran and ahead of a planned White House visit by President Xi Jinping.

Prabowo to Inaugurate Groundbreaking of 100 GWp Solar Power Plant Programme in Bali Today

President Prabowo Subianto is set to launch the first phase of Indonesia's 100 GWp solar power plant programme in Jembrana, Bali. The initiative is part of the national energy independence cluster and aims to reduce reliance on fossil fuels while cutting electricity costs by an estimated Rp 73.9 trillion per year. The government also targets 30 GWp of solar capacity alongside the retirement of 13 GW of diesel power plants.

Prabowo to launch 100 GWp solar power programme in Bali to strengthen energy self-sufficiency

President Prabowo Subianto is set to launch a 100 GWp solar power plant programme in Jembrana, Bali, as part of efforts to bolster national energy independence and reduce reliance on fossil fuels. The government has been instructed to accelerate completion by 2029, with projected annual electricity cost savings of Rp73.9 trillion. The programme is also expected to drive economic growth through investment, domestic solar PV industry development, and the creation of green jobs.

Prabowo Launches 100 GW Solar Power Plant Development Project in Bali Today

President Prabowo Subianto has launched a programme to build 100 gigawatt peak of solar power capacity, with a target completion date of 2029. The initiative is part of the National Priority Programme for Energy and Water Independence and is expected to generate annual electricity cost savings of up to Rp73.9 trillion. The government also aims to strengthen the domestic solar photovoltaic industry and create green jobs.

Idrus Marham: NU Congress Must Not Just Elect Leaders, Candidates Must Honestly Assess Their Abilities

Senior politician Idrus Marham has urged that the 35th Nahdlatul Ulama (NU) Congress focus on the organisation's future direction rather than merely electing officials. He stressed that candidates must honestly assess their own competence and that the congress should prioritise deliberation and consensus. Marham also called for leadership based on capacity, commitment and clear concepts as NU enters its second century.

Foreign Tourist Drowns at Long Pink Beach, Komodo National Park

A female tourist, believed to be from China, drowned while snorkelling at Long Pink Beach in Komodo National Park, Labuan Bajo, on Tuesday morning. Emergency resuscitation was performed by fellow tourists, including medical personnel, while awaiting evacuation by the SAR team. The Labuan Bajo SAR post has coordinated with PT Palma Hijau Cemerlang to deploy a speedboat for evacuation.

Mayor rejects 'Gotham City' stigma attached to West Jakarta

West Jakarta Mayor Iin Mutmainah has rejected the 'Gotham City' label often applied to her area, insisting it does not reflect the reality of community life. She emphasised that maintaining security is a collective responsibility requiring collaboration between local government, law enforcement and residents. The mayor also urged parents to monitor their children more closely to prevent involvement in brawls and drugs.

Arabia in the Year of the Elephant: The Economy of Mecca at the Time of Prophet Muhammad's Birth

At the time of Prophet Muhammad's birth around 571 CE, Mecca had already developed a thriving economy despite its barren desert surroundings. The city relied on trade, caravan journeys, seasonal markets, and the flow of pilgrims to the Kaaba rather than agriculture. The Quraysh tribe played a central role in connecting Mecca to wider Arabian trade networks stretching from Yemen to Syria.

Forestry Ministry Sanctions Six Companies in Kalimantan over Forest and Land Fires

Indonesia's Ministry of Forestry has imposed administrative sanctions on six forest utilisation permit holders after repeated forest and land fires were detected in their concession areas, affecting a total of 1,511.55 hectares. The companies are required to improve their fire control systems and restore the damaged land, with one firm facing a licence freeze. The ministry has warned that sanctions could be escalated to permit revocation if obligations are not met.

Video: Supporting the Mimika Community, Freeport Disburses Rp 3 Trillion per Year

PT Freeport Indonesia (PTFI) has reaffirmed its commitment to supporting the national economy through taxes, dividends, royalties and other levies, despite facing a challenging recovery period in 2026 following a mudslide at its Grasberg Block Cave underground mine. The company estimates its contribution to the state will reach Rp 47 trillion in 2026, rising to Rp 120 trillion per year by 2028 when full operations resume. PTFI is also strengthening coordination with local governments in Mimika and Central Papua to advance economic, social, cultural, infrastructure, SME, health and education programmes.

Eighth National KORPRI Quran Recitation Competition Opens, Makassar Mayor Highlights Economic Impact

The eighth National KORPRI Quran Recitation Competition (MTQ) has opened in Makassar, South Sulawesi, drawing around 1,157 participants from 117 delegations. Mayor Munafri Arifuddin emphasised that hosting the event brings significant economic benefits to the city, boosting local businesses, hospitality, and tourism. The city government has pledged maximum services to ensure the event runs smoothly.

US Prepares Sanctions on Buyers of Iranian Oil, China Pushes Back

The United States has announced a sweeping economic sanctions campaign, Operation Economic Outcast, threatening to cut off dollar-based financial access for any country still trading with Iran. The move targets Iran's oil exports, with China—the largest buyer—refusing to comply and calling for diplomatic dialogue. Tehran has vowed retaliation, while the US has not ruled out further military action.

US economic sanctions on Iran target five sectors

The United States has imposed new sectoral sanctions on Iran, focusing on digital assets, technology, gold, aviation, and shipping. Treasury Secretary Scott Bessent said the measures target what he called Iran's five most vital lifelines used abroad. The sanctions also cover more than 60 entities, individuals, and vessels linked to Iran.

BTN Prepares Mortgage Tenor of Nearly Half a Century, 6 Percent Interest Per Month Until Paid Off

State-owned lender PT Bank Tabungan Negara (BTN) is introducing a subsidised mortgage scheme with a tenor of up to 40 years and a fixed interest rate of 6 percent until full repayment. The facility is aimed at widening access to affordable vertical housing at the Transit Oriented Development in Manggarai, Jakarta. The scheme was announced alongside the groundbreaking of the Manggarai housing project developed by KAI Properti.

Indonesia and China Focus on Developing AI and Maritime Cooperation

Indonesia and China have agreed to deepen cooperation in artificial intelligence, maritime security, green energy, and mining following their first Comprehensive Strategic Dialogue in Jakarta. The two nations are preparing a new Action Plan for 2027–2031 and strengthening institutional mechanisms including the 2+2 Dialogue. China also reaffirmed its commitment to help Indonesia industrialise its natural resources while both sides pledged to maintain peace in the South China Sea.

Odd-Even Free Day in Effect, Note the Date and Areas

Jakarta's odd-even traffic restriction will be suspended on Tuesday, 25 August 2026, in observance of the national holiday for the Prophet Muhammad's birthday. The suspension is based on Jakarta Governor Regulation No. 88 of 2019 and a joint ministerial decree on national holidays. The policy applies to all 26 roads in Jakarta that normally enforce the odd-even scheme.

Survey: 75 percent of Canadians support halting US trade negotiations

A new Angus Reid Institute poll shows overwhelming Canadian public support for the federal government's decision to withdraw from trade negotiations with the United States. The survey also reveals strong backing for retaliatory tariffs and optimism about Canada's long-term economic resilience, despite notable anxiety over potential job losses.

Pekanbaru Air Quality at Hazardous Level Due to Riau Forest Fires, Respiratory Infection Cases Rise

Air quality in Pekanbaru, Riau, has reached hazardous levels due to smoke from forest and land fires, with PM2.5 concentrations exceeding 500 µg/m³. The city health office has issued advisories urging residents to stay indoors and wear masks, while 376 acute respiratory infection cases have been recorded in the first three weeks of August. Authorities are on alert as the situation continues to pose serious health risks.

West Kalimantan Police Intensify Patrols and Cooling Operations Against Forest Fires in Kubu Raya

The West Kalimantan Regional Police have stepped up efforts to prevent forest and land fires in Kubu Raya through routine patrols, wetting, and cooling operations. Officers discovered residual embers beneath the surface in Limbung village and carried out immediate extinguishing measures. The police have urged the public to report any fire sightings promptly to prevent the spread of fires amid dry weather conditions.

Channelling Energy for Indonesia's Future

PLN Energi Gas faces a strategic challenge in managing Indonesia's growing gas logistics needs as power plant demand rises while pipeline supply contracts decline. The company must balance gas as a transitional buffer with the national shift towards renewables, ensuring investments remain modular and do not lock in fossil fuel dependence.

Anticipating Drought and Forest Fires, BMKG-BNPB Conduct Weather Modification

Indonesia's Meteorology, Climatology and Geophysics Agency (BMKG), together with the National Disaster Management Agency (BNPB) and other stakeholders, is carrying out weather modification operations to address water deficits in the Sepaku Reservoir and forest and land fires in East Kalimantan. The operations aim to optimise cloud potential to induce rainfall, as the region experiences prolonged dry spells and a significant increase in hotspots. The effort is part of broader measures to secure water supply for the new capital city, Nusantara, and mitigate the impact of El Niño.

Asset Forfeiture Bill Confirmed for Completion by December 2026

The House of Representatives Commission III has confirmed that the Asset Forfeiture Bill will be finalised by December 2026. Chairman Habiburokhman stated that the commission is accelerating the drafting process and will utilise the remaining eight weeks of the sitting period for hearings, harmonisation, and plenary approval. He noted that the majority of public input supports the bill, provided it is carefully drafted to prevent potential abuse of power by law enforcement.

Crossing into Singapore and Malaysia, Indonesia Could Be Dragged into International Law over Forest Fires

An international law expert warns that forest and land fires in Sumatra and Kalimantan could expose Indonesia to legal liability if transboundary haze again affects Malaysia and Singapore. The principle of state responsibility may apply because the hotspots are within Indonesian jurisdiction, raising questions about negligence and accountability. The expert urges transparent enforcement and investigation of concession holders, warning that deliberate inaction could amount to ecocide.

House Commission III Invites Public to Submit Written Input on Asset Forfeiture Bill

House of Representatives Commission III has opened a channel for the public to submit written input on the Asset Forfeiture Bill, citing limited remaining time for deliberation. Chairman Habiburokhman said the commission has held 35 public hearings and three regional working visits, with only about eight effective weeks left before the bill is targeted for plenary approval in December 2026. He noted that most public input supports swift enactment while urging careful drafting to prevent abuse of power by law enforcement.

Runaway Parking Tariffs in Central Bima City

Residents of Bima City, West Nusa Tenggara, have complained about illegal parking charges at public facilities, including the Paruga Nae Convention Hall, where attendants allegedly charge nearly three times the official rate. The city's transportation agency acknowledges the problem and says it is working to curb rogue parking attendants and enforce the use of official tickets.

Prabowo to Launch 100 GWp Solar Power Programme, Electricity Savings Projected at Rp73.9 Trillion

President Prabowo Subianto is set to launch and break ground on a 100 GWp solar power plant programme in Bali on 25 August 2026, targeting completion by 2029. The initiative aims to reduce Indonesia's dependence on fossil fuels and is projected to deliver annual electricity cost savings of Rp73.9 trillion. The government plans to build 30 GWp of solar capacity in 2026 alone while retiring 13 GW of diesel-fired power plants.

Unhan Issues Latest Circular on Muslim Female Cadets Wearing Hijab

The Indonesian Defence University (Unhan) has issued a new circular officially permitting Muslim female cadets to wear the hijab during all educational and training activities. The policy, signed by Vice Rector II Marsda Yusran Lubis, stipulates that black hijabs will be used temporarily until an official design is established. The decision is grounded in presidential and rectoral regulations, as well as a Ministry of Defence press release affirming there is no prohibition on hijab use for Unhan cadets.