Indonesian Political, Business & Finance News

Archive: 29 August 2026

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Education Minister Regulates Distance Learning for Schools Affected by Forest Fire Haze

The Ministry of Primary and Secondary Education has issued a circular regulating distance learning for schools affected by haze from forest and land fires. The policy sets out specific learning modes based on daily air quality index levels, ranging from full in-person classes to complete suspension of gatherings. Local governments are responsible for determining learning modes, while schools must prepare smoke-safe rooms and report conditions daily.

Kudus Regent Strengthens Investment Opportunities through Central Java Business Forum

Kudus Regent Sam'ani Intakoris attended the Central Java Investment Business Forum 2026 in Jakarta to promote regional investment opportunities and expand business networks. The forum offered 19 Investment Project Ready to Offer (IPRO) projects worth approximately Rp14.9 trillion to potential investors. Central Java Governor Ahmad Luthfi and central government officials emphasised investment's role in driving economic growth and job creation amid global uncertainty.

Prof Nuh says two main agendas of NU Congress passed smoothly

The 35th Nahdlatul Ulama (NU) Congress in Jombang, East Java, has successfully completed its first two plenary sessions, covering preparations and the accountability report of the 2022-2027 central board. Regional representatives from across Indonesia, including the Japan branch, accepted the report with minor suggestions. The congress now moves to parallel commission sessions before final plenary approval.

Mobile SIM Service Available in Badung on 29 August 2026, Here Are the Locations

The mobile driving licence renewal service will operate in Badung on Saturday, 29 August 2026, at two locations: Damkar Dalung and the Public Service Mall at Puspem Badung. The service allows holders of active SIM A and SIM C licences to renew them without visiting a Satpas office. Renewal fees are set at Rp 80,000 for SIM A and Rp 75,000 for SIM C under Government Regulation No. 60 of 2016.

Nepal Flash Flood Update: 584 Dead, 2,400 Missing

The death toll from flash floods along the Nepal-Tibet border has risen to at least 584, with more than 2,400 people still missing. Rescue efforts remain hampered by damaged roads, bridges, and severed communications, while authorities have issued new flood warnings after a dam in Tibet reportedly burst. The missing include 517 foreign nationals and 933 workers from hydroelectric power projects.

East Kalimantan Firefighters Use Personal Funds to Battle Forest Fires Amid Budget Cuts

Forestry officers in East Kalimantan are using their own money to fight forest and land fires after budget cuts delayed funding. The provincial forestry service has been allocated around Rp19 billion from a central government revenue-sharing scheme, but disbursement is not expected until September 2026 at the latest. Officials say field operations continue despite the financial strain, with more than 5,000 community fire volunteers also awaiting support.

Pre-trial rejected, Febrie's legal counsel plans further action

The South Jakarta District Court has rejected a pre-trial motion filed by former Deputy Attorney General for Special Crimes Febrie Adriansyah challenging his designation as a suspect in a suspected money laundering case. His legal counsel described the ruling as a procedural paradox, noting the judge acknowledged procedural errors yet reached a different conclusion. The defence team is now considering its next legal steps.

Israel Strikes Gaza Again, Five Killed

Palestinian authorities report that Israeli strikes killed five people in Gaza, including three members of the same family in Al-Qarara. The attacks occurred despite a US-brokered ceasefire announced in October, with international officials warning that continued violence undermines the peace process. Israel also carried out a rare air strike in the occupied West Bank, which Prime Minister Benjamin Netanyahu said targeted militants planning an attack.

Canadian dollar falls during best quarter since 2023 - Valbury Asia Futures

The Canadian dollar weakened despite Canada recording its strongest quarterly growth in three years, as markets repriced Federal Reserve rate expectations following the Fed chair's Jackson Hole speech. The widening expected interest rate differential between the US and Canada drove USD/CAD higher, with traders focusing on the Fed's price stability mandate over softer labour market data.

Not Good for Moving House, Check Balinese Auspicious Days for 29 August 2026

The Balinese calendar indicates that Saturday, 29 August 2026 (Saniscara Pon Matal) is considered unfavourable for moving house and several agricultural activities. The day's ala ayuning dewasa calculations also highlight certain prohibitions on planting, livestock rearing, and earthworks. However, the day is deemed suitable for Bhuta Yadnya ceremonies and bird catching.

IDX Breaks MURI Record, 23 Investment Galleries Inaugurated Simultaneously

The Indonesia Stock Exchange (IDX), together with MNC Sekuritas and supported by the Financial Services Authority (OJK), has simultaneously inaugurated 23 Investment Galleries across Indonesia, earning a MURI record. The initiative aims to expand capital market literacy and inclusion, particularly among younger generations. The IDX now operates over 1,000 investment galleries nationwide.

Jumhur Discusses Ecological Action to Save Sumatra's Environment at detikSumatera Awards

Environment Minister Mohammad Jumhur Hidayat received the detikSumatera Awards 2026 for driving ecological awareness and action in Sumatra. He highlighted efforts to restore around 1,200 hectares of damaged mangrove ecosystem in Indragiri Hilir, Riau, with plans to replant at least 500 hectares. The minister expressed hope that the initiative would become a momentum for preserving coastal ecology in Sumatra.

Police hope AGO can proceed smoothly after court rejects Febrie's pretrial motion

The National Police have welcomed a South Jakarta District Court ruling that rejected the pretrial motion filed by former junior attorney general for special crimes Febrie Adriansyah. The court found that all police actions, including searches, seizures, and the naming of Febrie as a suspect, were lawful. The case has since been transferred to the Attorney General's Office, which has appointed a team of nine senior prosecutors to handle it.

Jumhur Hidayat Receives detikSumatera Award as 'Mover of Ecological Awareness and Action'

Environment Minister Mohammad Jumhur Hidayat has been honoured at the detikSumatera Awards 2026 for his role in driving ecological awareness and action in Sumatra. He highlighted severe mangrove damage in Indragiri Hilir, Riau, and announced plans to plant at least 500 hectares, potentially up to 1,000 hectares, with stakeholders. The award recognises figures and institutions contributing to Sumatra's progress.

Time Refuses to Age: Gen Z Gives Vintage Watches a Second Life

A new generation of young Indonesians is driving renewed interest in vintage watches, transforming Jakarta's Batu Tulis area into a hunting ground for timepieces with history. Shop owners like Kelvin, a second-generation dealer, report that buyers aged 22 to 35 are increasingly seeking classic models from brands such as Seiko and Citizen. The trend reflects a broader cultural shift towards valuing character and longevity over fast-moving consumer trends.

Karmila Sari Wins detikSumatera Award, Urges Education Equality and Women's Empowerment

House of Representatives Commission X member Karmila Sari has received the detikSumatera Awards 2026 as a Figure of Progress Accelerator for her social welfare and decent housing initiatives. The Riau legislator dedicated the award to her supporters and expressed hope it would inspire broader contributions to education equality and women's empowerment. She stressed that sustainable efforts and synergy between human resource development and women's active participation are key to national progress.

Singapore fintech sector investment falls in H1 2026

Singapore's fintech sector attracted over US$499 million across 53 deals in the first half of 2026, down sharply from approximately US$1.45 billion across 97 deals a year earlier, according to KPMG. The report describes the period as the country's weakest first half in nearly a decade, with investors becoming far more selective and consolidating capital into a smaller number of large-scale platforms. Cross-border payments, digital assets and AI-related fintech remained the most active segments.

Portrait of ancestral reverence tradition in 'Hungry Ghost Festival' in Medan

The Hungry Ghost Festival, or Zhong Yuan Jie, is an annual tradition observed by the Chinese community to honour ancestral spirits, with the peak celebration typically falling on the 15th day of the seventh lunar month. In Medan, North Sumatra, worshippers at Vihara Gunung Timur performed prayers, presented food offerings, and burned paper replicas of houses, clothing, and money as tributes. The ritual also included prayers for the peace of the spirits and for the safety and prosperity of the living.

Indonesia's Nickel Boom Faces a Carbon Problem

Indonesia's nickel downstreaming industry is confronting a competitiveness challenge due to the high carbon intensity of its dominant RKEF pyrometallurgical processing, which emits around 40โ€“42 tonnes of CO2 per tonne of nickel. While technologies such as carbon capture, renewable energy, nuclear power and carbon trading offer potential decarbonisation pathways, regulatory misalignment with international ESG standards and the EU's Carbon Border Adjustment Mechanism could restrict market access and investment. The article argues that the economic benefits of nickel downstreaming should be measured not only by export value but also by broader benefit sharing, including local job creation and community development.

Ministry of Youth and Sports and BKPM Collaborate to Accelerate Investment in the Sports Industry

Indonesia's Ministry of Youth and Sports (Kemenpora) and the Investment Coordinating Board (BKPM) have agreed to work together to speed up licensing and investment in the sports industry. The partnership aims to create a more conducive investment climate and attract foreign investors. Follow-up measures include drafting more investment-friendly regulations and providing incentives for investors.

What 'The Odyssey' Can Teach Us About Climate Chaos

A new study links the Bronze Age collapse, the setting of Homer's Odyssey, to a severe climate shift caused by a slow drying trend combined with natural climate cycles. Researchers warn that similar patterns are occurring today, with Europe experiencing record-low river levels, drought, and crop failures. The findings suggest that gradual climate changes can push societies past critical thresholds, with implications for modern civilisation.

Manggarai Barat Allocates Rp 13 Billion for Earthquake Emergency Response, Distributes 51 Tonnes of Rice

The Manggarai Barat regency government in East Nusa Tenggara has allocated Rp 13 billion from its 2026 regional budget for earthquake emergency response, bringing total emergency funding to Rp 33 billion when combined with Rp 20 billion in central government assistance. The regency has also distributed 51 tonnes of rice to affected communities across all sub-districts. The Hindu Dharma Indonesia organisation has separately delivered humanitarian aid including food and daily necessities to earthquake victims.

Febrie's Legal Team Says Pretrial Judge Hesitant in Ruling on Money Laundering Case

Lawyers for former junior attorney general for special crimes Febrie Adriansyah have criticised a South Jakarta District Court pretrial ruling that rejected his challenge against his money laundering suspect status and detention. They argue the judge failed to apply the Miranda Rules and treated procedural errors as merely administrative, despite acknowledging doubts in the ruling. The court held that the suspect determination and detention by the Attorney General's Office were legally valid.

Northern Territory to legalise euthanasia for terminally ill patients

The Northern Territory parliament has passed legislation to legalise voluntary assisted dying from early 2028, making it the eighth and final Australian jurisdiction to do so. The law will allow adults with advanced medical conditions expected to cause death within 12 months to choose euthanasia. The NT was previously the first Australian jurisdiction to legalise assisted dying in 1995 before the federal government overturned the law in 1997.

Plant-based diet linked to lower heart disease risk in postmenopausal women

A new study suggests that postmenopausal women who follow the Planetary Health Diet, which emphasises plant-based foods, have a significantly lower risk of cardiovascular disease. The research, involving nearly 67,000 women, found a 28 per cent lower risk among those whose diets most closely aligned with the pattern. Experts advise making small, realistic dietary changes rather than overhauling one's entire eating habits.

China pushes for realisation of APEC free trade area

China is urging APEC members to reach agreement on implementing the Free Trade Area of the Asia-Pacific (FTAAP) this year amid rising global trade uncertainty. Business representatives have also called for concrete action to reduce barriers and facilitate cross-border operations. The discussions took place at the APEC Senior Officials' Meeting in Dalian, China.

KPK investigates alleged corruption in Bogor Regency Education Office procurement

The Corruption Eradication Commission (KPK) is deepening its investigation into alleged corruption in goods and services procurement at the Bogor Regency Education Office. Investigators searched the office on Friday as part of efforts to gather evidence. The case is linked to a broader probe into alleged illicit payments within the Bogor Regency government, including Rp1.5 billion in cash seized earlier.

Andre Rosiade Wins detikSumatera Award: Added Motivation to Advance West Sumatra

Andre Rosiade, Deputy Chairman of Commission VI of the Indonesian House of Representatives, has received the detikSumatera Award for Accelerating Development in West Sumatra. He stated that the recognition strengthens his commitment to overseeing development projects in the region. Rosiade also expressed confidence that President Prabowo Subianto's commitment to West Sumatra will lead to further progress.

Police Suspect Organisers and Funders Behind 27 August Demonstration Riots

Jakarta police have stated they have found evidence of parties who orchestrated and financed the riots outside the DPR/MPR building on 27 August 2026. Investigators also identified a cluster tasked with recruiting masses to deliberately cause destruction. A total of 315 people were detained, with 45 named as suspects.

Lawyer: Febrie Adriansyah did not receive Rp40 billion from Tan Kian

The legal counsel for former Deputy Attorney General for Special Crimes Febrie Adriansyah has denied that his client received Rp40 billion from businessman Tan Kian. Febri Diansyah clarified that a pretrial judge's ruling only referenced testimony about money given to someone named Ferry, not to Adriansyah. The lawyer emphasised that the evidence does not mention any payment to his client.

Revealed: Febrie Adriansyah's Alleged Money Laundering Spanned 8 Years, Since 2018

A judge has revealed that the alleged money laundering by former Deputy Attorney General for Special Crimes Febrie Adriansyah is said to have occurred over an eight-year period from 2018 to 2026. The disclosure emerged during a pretrial hearing at the South Jakarta District Court, where the judge examined the application of transitional criminal law provisions. The case raises complex legal questions about which legal regime should apply to conduct spanning both before and after the new Criminal Code took effect.

China Says Glacier Collapse in Nepal Triggered Flash Floods That Killed Hundreds

Chinese authorities have stated that a glacier collapse in Nepal's highlands likely triggered the catastrophic floods that killed at least 480 people on both sides of the border. The disaster struck northern and central Nepal and southern Tibet on Wednesday, with more than 1,200 people still missing. A newly formed barrier lake has reportedly burst, raising fears of further flooding along the Bhotekoshi River.

Sido Muncul Disburses Rp 400 Million to Assist Residents Affected by NTT Earthquake

Indonesian herbal medicine company Sido Muncul has allocated Rp 400 million in aid for communities affected by the earthquake in East Nusa Tenggara. The funds are being channelled through the Food and Drug Monitoring Agency (BPOM) and the Ministry of Women's Empowerment and Child Protection. BPOM has confirmed that the assistance will be distributed promptly through its regional offices.