Indonesian Political, Business & Finance News

Archive: 26 August 2026

Showing 701-750 of 1,599 articles

Rupiah weakens ahead of Fed Chair's speech at Jackson Hole Symposium

The Indonesian rupiah weakened slightly against the US dollar on Wednesday as markets awaited Federal Reserve Chair Kevin Warsh's speech at the Jackson Hole Symposium. Analysts suggest the speech may provide clearer signals on the Fed's stance regarding persistent inflation and the timing of policy adjustments. Investors are also focused on upcoming US Personal Consumption Expenditures data for further insight into inflationary pressures.

Indosat and Huawei Launch AI Technology for Cloud and Intelligent Calling

Indosat Ooredoo Hutchison and Huawei have strengthened their strategic partnership to develop AI-based connectivity in Indonesia, introducing an Agentic Technology Partnership that combines Indosat's 5G capabilities with Huawei's AI and intelligent network technologies. The collaboration includes two main solutions: AI New Calling with noise reduction and real-time translation features, and an Intelligent and Intent-Driven Cloud Drive. The initiative forms part of Indosat's transformation towards becoming an AI-Native Telco.

Instagram Boss Dragged to Court as Addiction Case Worsens

Instagram chief Adam Mosseri has testified in a federal court in Oakland, California, admitting that teen uptake of the platform's screen-time safety features was minimal before they were made default. The trial is part of a massive lawsuit brought by 29 US states against Meta Platforms, which is accused of deliberately designing Instagram and Facebook to addict children for profit. Meta faces potential civil penalties of nearly US$200 billion.

Zulhas targets overhaul of free nutritious meal programme governance before 20 October 2026

Coordinating Minister for Food Zulkifli Hasan has set a target to resolve most governance problems in the Free Nutritious Meal (MBG) programme before 20 October 2026. Measures include stricter discipline for heads of Nutrition Fulfilment Service Units (SPPG), compliance with standard operating procedures, and enforcement of hygiene and sanitation certification. The National Nutrition Agency (BGN) has dismissed 66 SPPG heads in the past month and closed 455 kitchens for failing to meet sanitation standards.

Will the Houthis Drag Yemen into the Vortex of the Middle East Conflict?

Yemen is sliding back towards full-scale conflict as Houthi forces escalate attacks on shipping and Saudi infrastructure in the Red Sea. Analysts suggest the Houthis are using the wider Middle East war to divert attention from domestic failures and extract concessions from Saudi Arabia. Riyadh is pursuing new maritime defence alliances to protect its Vision 2030 economic transformation without being drawn back into a ground war.

Observer: Polemic over Proposed Rp60,000 Parking Tariff in Jakarta Confuses Residents

Urban planning observer Yayat Supriyatna has urged the Jakarta provincial government and regional parliament to clarify the controversy surrounding a proposed parking tariff of up to Rp60,000. He warned that uncertainty over the tariff could confuse the public and called for transparency on the basis of the figure and its intended locations. Governor Pramono Anung has stated that the administration has no plan to raise parking fees.

Three Navy Cassa Aircraft Crew Survive Runway Excursion at Sultan Hasanuddin Airport Without Injury

Three Indonesian Navy crew members escaped unharmed after their NC 212-200 Aviocar aircraft suffered a burst tyre and veered off the runway at Sultan Hasanuddin International Airport in Makassar. The incident occurred during landing on Tuesday, with the crew executing emergency engine shutdown procedures according to standard operating protocols. It followed a similar runway excursion by a Sukhoi Su-30 MK2 fighter jet the previous day during a post-overhaul test flight.

Eggs Cause Hundreds of Salmonella Infections

At least 306 people in Belgium have been infected with Salmonella after consuming eggs believed to be the source of an outbreak. The contamination has been traced to eggs produced by Laerco, a poultry company based in Geel, northern Belgium. The incident highlights the importance of food safety oversight for egg products and other foods that can transmit bacteria.

Bank Sampoerna posts 41 percent profit growth in first half of 2026

PT Bank Sahabat Sampoerna reported a 41.29 percent year-on-year increase in net profit to Rp15.9 billion for the first half of 2026, driven by strong lending to micro, small and medium enterprises. Nearly 60 percent of its total credit, or around Rp6.2 trillion, was channelled to MSMEs. The bank also saw its Bank as a Service transactions surge by 513 percent quarter-on-quarter to over 906 million.

Police investigate youth whose motorcycle was seized by debt collectors in East Jakarta

Police in Jatinegara, East Jakarta, are investigating a viral video showing a young man who claimed his motorcycle was seized by debt collectors despite having made payments. The local police chief said no formal report has been filed but officers will conduct an inquiry to establish the facts. The incident has drawn public attention to the practices of vehicle repossession agents, known locally as 'mata elang'.

PP KAMMI Clarifies Amri Akbar's Status Following Press Conference

The Central Board of the Indonesian Muslim Student Action Union (PP KAMMI) has clarified that Muhammad Amri Akbar has been formally dismissed from the organisation. The clarification follows media reports that identified Amri as KAMMI chairman during a press conference. PP KAMMI stated that Amri was dishonourably discharged through two official decrees issued in May and September 2025.

MPR pushes Four Pillars quiz competition to reach more schools

An MPR official has called for the Four Pillars quiz competition to be expanded so that more state and private schools across Indonesia can take part. The event is seen as an effective way to strengthen national insight among senior high school students. Participants in the 2026 national final demonstrated strong command of Pancasila, the 1945 Constitution, the unitary state, and Bhinneka Tunggal Ika.

Dukcapil Issues 3,055 Documents to Restore Civil Rights of NTT Earthquake Victims

The Ministry of Home Affairs' civil registry service has issued 3,055 population documents to victims of the 7.7-magnitude earthquake in East Nusa Tenggara. Mobile service teams have been deployed across seven affected districts to restore identity documents lost or damaged in the disaster. The initiative aims to ensure displaced residents can access essential services such as aid distribution, healthcare, and school re-enrolment.

Devastating Flash Floods Strike Nepal, 8 Killed

At least eight people have died after flash floods and mudslides swept through villages in northern Nepal, damaging roads, bridges and a hydropower project. Rescue efforts are being hampered by high floodwaters, with authorities warning the death toll could rise. The disaster has also affected neighbouring Tibet, where China's President Xi Jinping has ordered all-out search efforts.

Indonesia to Launch Global-Scale Asset Management Company

Indonesia is set to establish a global-scale asset management company through the merger of five state-owned asset management firms, with a launch planned for September 2026. The consolidation aims to create a competitive entity supported by state-owned banks as distribution channels. Danantara COO Donny Oskaria expressed optimism that the new company will become a solid and strong player in the industry.

Prabowo Inspects Police Field Kitchen at Nagekeo Evacuation Site

President Prabowo Subianto visited an evacuation site in Nagekeo, East Nusa Tenggara, to inspect a police field kitchen serving around 600 displaced people. He also reviewed ready-to-drink water facilities and greeted Brimob personnel on duty. The visit was part of a broader government response involving several ministers and senior officials.

Prabowo assures government will continue sending aid for NTT earthquake victims

President Prabowo Subianto has assured that the central government will continue monitoring and sending aid to communities affected by the earthquake in Nusa Tenggara Timur. During a visit to Nagekeo Regency, he outlined plans for temporary school repairs, the construction of temporary housing, and repairs to damaged homes once conditions are declared safe. The death toll from the magnitude 7.7 earthquake has risen to 103.

Central Kalimantan Police Chief: Tumbang Nusa forest and land fires under control

Forest and land fires in the Tumbang Nusa area of Pulang Pisau Regency, Central Kalimantan, are now largely under control following intensive firefighting efforts. Authorities have built a five-kilometre canal and 25 water retention basins to support fire suppression, though low water levels remain a challenge. The affected area covers 192.29 hectares in Tumbang Nusa village and 98 hectares in Tanjung Taruna village.

Pertamina assures Enggano fuel supply secure for up to 40 days

PT Pertamina Patra Niaga has confirmed that fuel stocks on Enggano Island, one of Indonesia's outermost islands in Bengkulu Province, are sufficient for 30 to 40 days. A tanker carrying Pertalite, Biosolar and kerosene departed from Pulau Baai on Monday. Queues at local filling stations have returned to normal after a temporary surge linked to ferry departures.

Sumedang Police uncover distribution of 502,819 restricted hard drugs during August

Sumedang Police in West Java have seized over half a million restricted pharmaceutical tablets during August 2026, targeting distribution networks across Garut, Bandung Regency, and Sumedang. Two suspects were arrested in prominent cases, with one allegedly paid Rp150,000 per day to distribute the drugs while disguising them as paracetamol. Police also reported 12 narcotics cases involving 13 suspects, with seizures of methamphetamine and synthetic tobacco.

House Commission III Chairman Requests Reactivation of 'Pak Batok' Account Today

Habiburokhman, chairman of House Commission III, has urged the immediate reactivation of a bank account belonging to Supriyono, coordinator of the Pati United Community Alliance, following a police investigation into protest fundraising. Polda Metro Jaya and Bank Mandiri announced the account would be reactivated after a temporary transaction freeze.

Flights to Muara Teweh cancelled for over a week due to thick haze

Flights to and from Haji Muhammad Sidik Airport in Muara Teweh, North Barito Regency, Central Kalimantan, have been cancelled for eight consecutive days due to thick haze from forest and land fires. The airport requires visibility of around 5,000 metres for visual flight operations, but visibility has dropped to just 1,000 metres. The disruption has driven passengers to use chartered road transport to Banjarmasin, with charter fees ranging from Rp1.4 million to Rp1.5 million.

TNI/Polri help clean residents' homes from flood debris in Parimo

Around 200 TNI/Polri personnel have been deployed to assist with clearing mud and wood debris from homes affected by flash floods in Parigi Moutong Regency, Central Sulawesi. The local government has declared a 14-day emergency response status and recorded 12 damaged houses, 50 houses submerged in mud, and 103 people affected. Authorities have established a main command post and are considering opening a public kitchen as the situation develops.

Wika Gedung (WEGE) Contracts Surge 568%, Majority from Government Assignments

State-owned construction firm PT Wijaya Karya Bangunan Gedung Tbk (WEGE) reported a 568% increase in new contracts to Rp775 billion as of August 2026, with government projects accounting for 83% of the total. The company also plans to divest assets worth more than Rp1 trillion to strengthen liquidity and refocus on its core construction business.

Agus Pambagio Highlights Forestry Minister's Absence at Forest Fire Coordination Meeting

Public policy observer Agus Pambagio has criticised Forestry Minister Raja Juli Antoni for not attending a coordination meeting on forest and land fire handling led by President Prabowo Subianto. Pambagio argued that the minister should be on standby around the clock to provide technical explanations during the emergency. He also questioned the effectiveness of the ministry's hotspot monitoring system, which was established after the severe fires of 2014–2015.

Government targets free certification of 11 million low-income land plots by 2029

The Indonesian government aims to provide free land certificates for approximately 11 million plots owned by low-income communities (MBR) in stages until 2029. The Ministry of Agrarian Affairs and Spatial Planning/National Land Agency has allocated Rp672.9 billion to certify three million plots in 2026–2027, starting with one million in 2026 and two million in 2027. The programme supports the government's 3 Million Houses initiative and targets recipients of housing assistance, FLPP financing, and self-built homes.

Purbaya Prepares Rp7 Trillion to Fix DTSEN Data

Finance Minister Purbaya Yudhi Sadewa has allocated nearly Rp7 trillion to improve the National Socio-Economic Single Data (DTSEN) and conduct an economic census. The funding will support Statistics Indonesia (BPS) in addressing classification errors that have affected the grouping of citizens by decile. The government hopes the improved data quality will ensure more targeted policy implementation from next year.

Observer: Government presence in NTT accelerates earthquake victim handling

An East Nusa Tenggara economist has welcomed the direct involvement of central government officials in responding to the Flores earthquake, saying it will speed up the delivery of basic needs, infrastructure restoration and psychosocial support. President Prabowo Subianto visited Nagekeo Regency on Wednesday after Vice President Gibran Rakabuming Raka visited Sikka Regency earlier, with both leaders reviewing relief efforts and public facilities.

Education Ministry reminds non-formal education units not to delay Paket C TKA registration

The Ministry of Primary and Secondary Education has urged non-formal education units to accelerate registration for the Paket C Academic Ability Test, warning that current numbers remain far below last year's figures. As of 23 August, only 361 of 9,693 eligible SPNF institutions had registered, compared with 6,128 the previous year. Officials are calling on community learning centre heads, operators, education offices and ministry staff to intensify outreach before the end of August.

Prabowo supports opening 8,000 hectares of agricultural land in Nagekeo, NTT

President Prabowo Subianto has endorsed a plan to develop 8,000 hectares of agricultural land in Nagekeo Regency, East Nusa Tenggara, emphasising the need for reliable water sources. The initiative includes using around 100 hectares near the coast for fish farming, with the Lambo Dam expected to support irrigation once completed.

Peak of Grebeg Sekaten celebration in Solo

The Surakarta Hadiningrat Royal Palace presented four pairs of gunungan, symbolising male and female, for residents to scramble for during the peak of the Grebeg Sekaten celebration at the Great Mosque of Solo, Central Java. The event marks the tradition of commemorating the birth of Prophet Muhammad. Palace retainers escorted the gunungan procession before the scramble.

LPPM UMJ Holds Monitoring and Evaluation of 2026 Community Service Grants to Ensure Programmes Run Optimally

The Institute for Research and Community Service at Universitas Muhammadiyah Jakarta (LPPM UMJ) conducted monitoring and evaluation of its 2026 Community Service (PkM) grant programmes funded by the Ministry of Higher Education, Science, and Technology. The hybrid event allowed project teams to present progress, outputs, and challenges, receiving feedback from internal and external reviewers. LPPM UMJ emphasised the importance of accountability and sustainability in ensuring the programmes deliver tangible benefits to the community.

Shaman Promising to Double Money in Serang Arrested, Rp77 Million Replaced with Tea

Police in Serang, Banten, have arrested a man who posed as a shaman capable of doubling money, defrauding a victim of Rp77 million. The suspect handed the victim a suitcase he claimed contained the multiplied funds, but it was later found to contain only packaged tea drinks. The unemployed suspect admitted using the money for daily expenses and has been charged under articles carrying a maximum sentence of four years in prison.

Indonesia's first aircraft carrier begins voyage from Italy

Indonesia's first aircraft carrier, acquired from Italy through an intergovernmental grant, has departed for Jakarta and is expected to arrive in mid-September 2026. The vessel, currently named ITS Giuseppe Garibaldi, will be renamed KRI Gajah Mada upon arrival and formally commissioned on 25 September in a ceremony likely attended by President Prabowo Subianto. The carrier is set to make its public debut during the TNI's 81st anniversary naval parade in October.

Destry Partners with PT DSI to Strengthen Foreign Exchange Flow Supervision

Bank Indonesia governor candidate Destry Damayanti has pledged to enhance supervision of foreign exchange flows (LLD) if confirmed, citing fragmented data sources as a key weakness. She plans to collaborate with PT Danantara Sumberdaya Indonesia and the Directorate General of Customs and Excise to improve monitoring. The initiative will involve supervisory technology (suptech) and end-to-end metadata standardisation to achieve more timely and comprehensive data.

Changes in Community Deciles, BPS DIY: Not Solely Based on Income

The Acting Head of BPS Yogyakarta has clarified that the determination of socio-economic deciles is not based solely on income, but on a range of social and economic indicators. Residents who feel their data is inaccurate can update their information independently through the Cek Bansos platform, with changes subject to verification procedures. The process is linked to the targeting of programmes such as the Indonesia Smart Programme and can take up to three months for revisions.

Land Fire Disrupts Rangkasbitung KRL Services

Commuter line services on the Rangkasbitung route were disrupted due to a land fire near the tracks between Daru and Tigaraksa stations. KAI Commuter Indonesia apologised for the delays and implemented single-track operations while the fire was being extinguished. Normal two-track operations resumed with speed restrictions after the fire was brought under control.

Palangka Raya city government strengthens health centres to tackle haze impact

The Palangka Raya city administration is bolstering the readiness of community health centres to prevent and manage health problems caused by haze from forest and land fires. Oxygen rooms have been prepared at 11 puskesmas across the city, with auxiliary health centres in 30 urban villages also being optimised. Residents are urged to seek early treatment for respiratory complaints and to take protective measures as air quality deteriorates.

Undip develops modern environmentally friendly rice fields

Diponegoro University has developed a modern rice field model using appropriate technology and renewable energy on previously abandoned land in Semarang, Central Java. The project utilises solar-powered irrigation and a hydraulic pump to support water availability, with plans to trial nutrient-rich red rice varieties. The university aims to turn the area into a field laboratory for sustainable agriculture and an edu-ecotourism destination.

Buleleng DPRD Targets Galian C Tax to Pursue Rp 850 Billion PAD

The Buleleng Regency Legislative Council (DPRD) is pushing to raise the region's own-source revenue (PAD) target to nearly Rp 850 billion by 2027. Lawmakers have identified the Galian C mining sector as a key source of additional income, with potential annual revenue of almost Rp 8 billion. The council has agreed on adjustments totalling approximately Rp 5.194 billion in additional PAD.

Eco RunFest 2026 Targets 14,000 Runners and 10,000 Festival-Goers

Pertamina's annual Eco RunFest returns for its 13th edition on 6 December 2026, aiming to attract 14,000 runners and 10,000 festival attendees. The state-owned energy company will donate 100% of ticket sale profits to environmental programmes under its Eco-Mission initiative. The event features four race categories: Half Marathon, 10K, 5K, and Family Course.

Two houses in Pondok Labu catch fire, suspected electrical fault

Two residential houses in Pondok Labu, South Jakarta, were engulfed by fire on Wednesday morning, suspected to have been caused by an electrical fault. Firefighters deployed 20 vehicles and 83 personnel, successfully containing the blaze within an hour. Seven people from two families were affected, with no reported casualties.

Ministry reminds on importance of managing productive-age population

Indonesia's Ministry of Population and Family Development has urged the government to improve management of the productive-age population to optimise the demographic dividend opportunity. With 68.94 percent of the population aged 15-64 and a dependency ratio of 45.05, the ministry argues the 8 percent economic growth target is achievable if the opportunity is managed well. The government is preparing a Population Development Roadmap to align workforce skills with labour market needs.

Prabowo instructs construction of refugee housing in NTT to await BMKG

President Prabowo Subianto has instructed that permanent housing and repairs for victims of the Flores earthquake in East Nusa Tenggara only commence once the Meteorology, Climatology and Geophysics Agency (BMKG) declares the area safe. The BMKG estimates conditions will stabilise around four weeks after the 7.7 magnitude earthquake on 15 August 2026. The disaster has claimed 105 lives, injured 1,678 people, displaced 179,073, and damaged 81,436 homes.

Bank Mandiri to Restore Rp80.9 Billion Account of AMPB Coordinator Supriyono

Bank Mandiri has agreed to restore the account of Supriyono, also known as Botok, coordinator of the People's Care Alliance (AMPB), following a request from House of Representatives Commission III and the Jakarta Metropolitan Police. The account, reportedly containing Rp80.9 billion, had been blocked or had transactions suspended. Commission III chairman Habiburokhman stated there was no criminal element involved and requested the account be reactivated so the owner could resume his activities.

Food Minister inaugurates construction of Bekasi waste-to-energy facility

Coordinating Minister for Food Zulkifli Hasan has inaugurated the construction of a waste-to-energy facility in Bekasi, West Java, as part of efforts to tackle Indonesia's waste crisis. The facility is expected to process 1,000 tonnes of waste per day into electricity, with the Indonesian Army also preparing to convert older waste into fuel oil. The government aims to reduce at least 70 per cent of waste within two to three years.

Video: This Sentiment Strengthens the Rupiah to Rp 17,600 per USD

The rupiah strengthened to Rp 17,600 per US dollar, supported by a decline in the US dollar index and capital inflows into emerging markets. Domestically, the market responded positively to the fit and proper test process for Bank Indonesia governor candidate Destry Damayanti.

Royal! These Are the 10 'Noble' Issuers with the Highest Yields

Ten Indonesian listed companies with market capitalisations above Rp10 trillion are offering dividend yields of around 10% or more, led by coal miner Baramulti Suksessarana at 18.6%. The list spans banking, commodities, consumer goods and healthcare, but analysts caution that high yields do not guarantee future payouts or that a stock is cheap.

KRI Gajah Mada to be escorted by two warships and Indonesian Navy aircraft

The Indonesian Navy will deploy at least two frigates and naval aircraft to escort the newly acquired ITS Giuseppe Garibaldi, to be renamed KRI Gajah Mada, as it enters Indonesian waters. The vessel departed Italy and is expected to arrive in Jakarta between 15 and 20 September, with a formal renaming and flag-changing ceremony planned for 25 September 2026, to be attended by President Prabowo Subianto.

MTI Bali Urges Use of Foreign Tourist Levy to Fund Trans Metro Dewata

The Indonesian Transport Society (MTI) Bali has proposed that the provincial government use revenue from the Foreign Tourist Levy (PWA) to help finance the operation of the Trans Metro Dewata bus service. The proposal comes amid calls for expanding the number of bus corridors to improve public transport coverage in Bali. MTI Bali argues that the levy can legally be used for this purpose under a 2023 provincial regulation.