Indonesian Political, Business & Finance News

Archive: 10 September 2026

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LRT provides 'park and ride' at MKG with Rp5,000 daily rate

PT LRT Jakarta has partnered with Summarecon Mall Kelapa Gading to offer an integrated 'park and ride' facility for passengers on the Kelapa Gading-Manggarai route. The service allows commuters to park their private vehicles for a flat daily fee of Rp5,000 upon presenting a valid parking stamp.

Indonesia Faces Challenges in Developing Rare Earth Elements as Several Nations Secure Technology

The Mineral Industry Agency (BIM) has warned that Indonesia faces significant hurdles in developing Rare Earth Elements (REE) technology due to global competition. Several nations are actively securing separation technologies and controlling the supply chains of essential chemical components.

iPhone Duo Officially Released, Here is the Price in Indonesia

Apple has officially entered the foldable smartphone era with the introduction of the iPhone Duo. The new device features a dual-screen concept designed to enhance multitasking capabilities for professional users.

From Global Geopolitical Pressures to Cost Volatility, the Future of Indonesian Mining Under Scrutiny

The Indonesian Chamber of Commerce and Industry (Kadin) has urged mining companies to enhance capital efficiency and accelerate technology adoption to combat geopolitical instability and cost volatility. Industry leaders emphasise the need to shift from a resource-based advantage to an intelligence-based advantage through the implementation of AI and electrification.

CoRE Provides Recommendations to Government Regarding Decile-Based Social Assistance Distribution

Researchers from the Centre of Reform on Economics (CoRE) Indonesia have urged the government to delay decile-based social assistance distribution until data accuracy is improved. The experts recommend implementing a two-step verification process and strengthening the legal basis for the National Single Social and Economic Data (DTSEN) to prevent aid from missing the intended recipients.

iCAR Opens Pre-orders for V27 SUV at GIIAS Bandung 2026

Chinese automaker iCAR has launched pre-orders for its V27 SUV, featuring Range-Extended Electric Vehicle (REEV) technology, at the GIIAS Bandung 2026 event. The vehicle aims to capture the West Java market with an impressive combined driving range of over 1,200 kilometres.

Police Reveal Land in Buleleng Deliberately Set Ablaze by Residents

Buleleng police have discovered several instances of intentional land clearing through burning in Bali. Authorities are investigating the incidents, noting that some residents believe ash helps fertilise the soil, and have warned of legal action if such practices continue.

PNM Supports Seaweed Entrepreneurs to Grow Alongside Ultra Micro Holding

An Account Officer from PNM Mekaar has highlighted the impact of micro-financing on seaweed entrepreneurs in Sebatik, North Kalimantan. Through the Ultra Micro (UMi) Holding, which includes BRI, Pegadaian, and PNM, integrated financial access is helping local women transition from labourers to business owners.

How to Register for the Free Jakarta LRT Trial on the Kelapa Gading-Manggarai Route

The Jakarta Provincial Government, through the Transport Agency, is preparing to open public access for trial runs of the Jakarta LRT on the Kelapa Gading-Manggarai route. This trial period aims to test technical systems, including ticketing and station gates, ahead of full commercial operations.

Student Suspected of Memory Loss After MBG Food Poisoning Now in Treatment

A 16-year-old student in North Sumatra is undergoing specialist treatment for suspected memory loss following food poisoning linked to the Free Nutritious Meals (MBG) programme. The incident has sparked calls from lawmakers for the government to cover medical costs and from human rights organisations to halt the programme due to safety concerns.

Foreign Investors Exit VICI with Rp1.25 Trillion Share Sale, Who is the Buyer?

A massive share transaction worth approximately Rp1.25 trillion has occurred in PT Victoria Care Indonesia Tbk (VICI), involving the transfer of ownership between two shareholders. Beauty Brands International Pte Ltd has exited its 25% stake, which was acquired by Sukses Sejati Sejahtera, significantly increasing its controlling interest in the company.

Purbaya: IDR 11 Trillion Mass Account Budget Not Yet Final

Finance Minister Purbaya Yudhi Sadewa has stated that the budget for the government's mass bank account opening programme is still being calculated and has not been finalised at IDR 11 trillion. The initiative aims to provide automatic accounts with an initial balance of IDR 50,000 for 17-year-olds to enhance financial inclusion.

BNPB: Residents urged to monitor air quality index amid thick smoke in three provinces

The National Disaster Management Agency (BNPB) has advised residents in three Kalimantan provinces to monitor the Air Pollution Index (ISPU) due to thick smoke from forest and land fires. While heavy pollution persists in West, Central, and South Kalimantan, authorities are focusing firefighting efforts on residential areas and airports to ensure public safety.

To Prevent Subsequent Flooding, Tito Urges Accelerated Construction of Sabo Dams in Tapteng

The Indonesian government is accelerating the construction of Sabo Dams in Central Tapanuli, North Sumatra, to mitigate the risk of future floods and sediment buildup. The project includes the development of several dams and river normalisation works to protect residential areas and agricultural land from heavy rainfall impacts.

PMII and HMI Semarang Express Full Support for National MTQ

Student organisations PMII and HMI in Semarang have declared their full support for hosting the 31st National Musabaqah Tilawatil Qur’an (MTQ) in 2026. The event is expected to boost local MSMEs, culture, and education while showcasing Semarang's religious tolerance and inclusivity.

Attorney General's Office Holds Evidence of Alleged Extortion by Former Special Crimes Prosecutor Febrie

The Attorney General's Office (Kejagung) has confirmed it possesses sufficient evidence regarding the alleged extortion involving former Junior Attorney General for Special Crimes, Febrie Adriansyah. Investigators have also seized cash believed to be the proceeds of the extortion, with the case expected to be referred to court shortly.

US Believes Indonesia Has Potential to Secure Investment Schemes Similar to Philippines' LEC

The United States has indicated that Indonesia could benefit from infrastructure investment schemes similar to the Luzon Economic Corridor (LEC) in the Philippines. US officials emphasised that success depends on a tripartite partnership between the host government, the US government, and the private sector.

Purbaya: Tax Revenue Reaches Rp1,224.3 Trillion as of July 2026

Finance Minister Purbaya Yudhi Sadewa reported that tax revenues grew by 23.7% year-on-year to Rp1,224.3 trillion by July 2026. The growth was achieved through improved administration and oversight rather than new tax rates, while the state budget deficit remains well-managed.

Japanese aerial aid fleet undergoes flight tests to combat forest fires

The National Disaster Management Agency (BNPB) has confirmed the arrival of Japanese aerial assistance, including Chinook heavy-lift helicopters, to bolster forest and land fire suppression efforts. The fleet is currently undergoing flight trials in West Kalimantan as part of a 21-day deployment to support ground and air task forces across several Indonesian provinces.

Three Agriculture Department Employees Killed in KKB Shooting; Hanif Faisol Urges Vigilance

Three employees of the Jayawijaya Regency Agriculture Department in Highland Papua have been killed in a shooting by an armed criminal group (KKB). In response, the Deputy Coordinating Minister for Food Affairs, Hanif Faisol Nurofiq, has called for increased vigilance among all government staff working in high-risk areas.

Central Kalimantan Regional Police Hold FGD to Discuss Forest and Land Fire Mitigation Strategies

The Central Kalimantan Regional Police held a Focus Group Discussion (FGD) to develop strategic mitigation plans for forest and land fires (karhutla). The session focused on the high-risk nature of peatlands and the need for coordinated prevention efforts between the police, local government, and the community.

iPhone 17 Prices Rise Following Official Release of iPhone 18, Here is the Current Rate in Indonesia

Following the launch of the iPhone 18 series, older iPhone models have seen significant price increases in the US market. This trend is reflected in Indonesia, where certain iPhone 16 models have also seen price adjustments at official retailers.

RAJA: FLNG Investment and Acquisition Plans to Drive Long-Term Growth

PT Rukun Raharja Tbk (RAJA) has announced strategic plans to expand its business portfolio through investments in Floating Liquified Natural Gas (FLNG) projects and the acquisition of shipping companies. The company also aims to develop fuel oil pipeline infrastructure in East Kalimantan to bolster its energy distribution capabilities.

Pigai: Molotov Bomb Case at Papua Komnas HAM Must Be Investigated Objectively, Avoid Unfounded Accusations

Human Rights Minister Natalius Pigai has called on law enforcement to conduct a serious and objective investigation into the Molotov bomb attack on the Papua Komnas HAM office in Jayapura. The incident, which targeted the office's parking area, has been described by civil society coalitions as a potential act of terrorism.

KSP Chief Dudung: Ulta Levenia Nababan No Longer with Presidential Staff Office

The Chief of the Presidential Staff Office, General (Ret.) Dudung Abdurachman, has confirmed that Ulta Levenia Nababan is no longer serving as a Senior Expert at the KSP. This clarification follows controversial statements made by Nababan regarding alleged links between natural phenomena and external projects such as HAARP.

Ministry of Home Affairs Secretary-General Emphasises BPK Audit as Momentum to Strengthen Accountability and Budget Management Evaluation

The Secretary-General of the Ministry of Home Affairs, Tomsi Tohir, has welcomed the Audit Board of Indonesia (BPK) for its ongoing financial audit. He emphasised that the audit serves as a vital opportunity to enhance transparency, improve state asset management, and strengthen internal accountability within the Ministry.

Six orangutans rescued from fire-hit area in West Kalimantan

Six orangutans, including several mothers and their offspring, have been successfully rescued from plantations in West Kalimantan following devastating forest and land fires. The rescue operations, conducted by YIARI and BKSDA, were necessitated by the fires cutting off the animals' access to their natural habitats and increasing the risk of human-wildlife conflict.

Indonesia pledges full support for new UNGA President Khalilur Rahman

The Indonesian Foreign Ministry has expressed its full support for the newly elected UN General Assembly President, Khalilur Rahman. Jakarta emphasised the importance of the General Assembly as a vital platform for multilateral diplomacy and pledged to assist in the implementation of the UNGA's mandates for the upcoming year.

Copernicus EU Records August 2026 as Hottest Month Globally

The European Union's Copernicus Climate Change Service has reported that August 2026 was the hottest month ever recorded globally. The data reveals significant temperature increases compared to pre-industrial levels and highlights extreme heatwaves across Western Europe and record-breaking ocean temperatures.

OJK: BNPL outstanding balance share remains small, significant growth potential remains

The Financial Services Authority (OJK) has identified substantial growth opportunities for the 'Buy Now Pay Later' (BNPL) sector, noting its current outstanding balance represents only 2.45% of total financing. Despite its small market share, the sector has demonstrated robust year-on-year growth and an improving non-performing financing rate.

From Dates to Wine: These are the Products from Illegal Israeli Settlements in the West Bank

The British government has announced a ban on all imports originating from illegal Israeli settlements in the West Bank. This move, supported by several other nations, targets various agricultural and manufactured goods produced within these territories.

Antam Performance Surges, Nickel Downstreaming Strengthened

PT Aneka Tambang (Persero) Tbk (Antam) reported a significant net profit increase to Rp6.91 trillion for the first half of 2026. The state-owned mining company is focusing on strengthening downstream processing for gold, nickel, and bauxite to enhance value-added mineral resources.

Malaysian Economy Minister Impressed by North Sumatra's Potential, Praises Bobby Nasution's Leadership

Malaysian Economy Minister Akmal Nasrullah bin Mohd Nasir has expressed high regard for North Sumatra's economic potential and the leadership of Bobby Nasution. Following the 32nd IMT-GT Ministerial Meeting, the Minister highlighted significant opportunities for expanding trade, connectivity, and cooperation in tourism and agriculture within the Indonesia-Malaysia-Thailand Growth Triangle.

Astra records Rp16.9 trillion capex, majority used for gold mine acquisition

PT Astra International Tbk reported a capital expenditure of Rp16.9 trillion for the first half of 2026, driven largely by the acquisition of gold mining company PT Arafura Surya Alam. Despite the significant investment, the group's net profit saw a decline due to lower contributions from its mining and heavy equipment divisions.

Transparency in DTSEN Validation Seen as Key to Poverty Data Accuracy

The Deputy Speaker of the MPR RI, Lestari Moerdijat, has emphasised the need for transparency in the validation process of the National Socio-Economic Single Data (DTSEN). She warned that inaccuracies in the system could lead to vulnerable populations losing access to essential social assistance programmes.

West Java Regional Council Special Committee Studies Rorotan RDF Technology for Waste Management

The West Java Regional Council's Special Committee (Pansus XV) visited the Rorotan Refuse Derived Fuel (RDF) Plant in Jakarta to study advanced waste processing technologies. The visit aims to inform the drafting of regional regulations regarding environmental protection and waste management in West Java.

Batang records 8.38 per cent economic growth in second quarter

Batang Regency in Central Java has achieved an impressive economic growth rate of 8.38 per cent in the second quarter of 2026, surpassing its initial development targets. This surge, driven by the manufacturing, agriculture, trade, and construction sectors, places the regency among the top three highest growth regions in Indonesia.

Parking Enforcement in Kembangan Postponed as West Jakarta Mayor Opts for Dialogue with Residents

The West Jakarta Administration has decided to delay the enforcement of parking regulations in the Kembangan area following protests from local residents. The Mayor has committed to a period of dialogue to find a solution that balances urban order with the economic livelihoods of those dependent on parking activities.

National Museum Urged to Strengthen Regional Museum Ecosystem

Lestari Moerdijat, a member of Commission X of the Indonesian House of Representatives, has highlighted the significant disparity in management quality between the National Museum and regional museums. She is calling for the National Museum to play a larger role in building a national museum ecosystem and enhancing human resource capacity across the country.

Purbaya states July tax revenue grew by 23.7 per cent, reaching Rp1,224.3 trillion

Finance Minister Purbaya Yudhi Sadewa reported that Indonesian tax revenues surged by 23.7 per cent year-on-year to Rp1,224.3 trillion as of July 2026. This growth was achieved through improved administration and oversight rather than new tax rates, helping to maintain the state budget deficit at a manageable level.

MP Member States Agrarian Reform Bill Must Become the Foundation of the People's Economy

Azis Subekti, a member of the Indonesian Parliament's Legislative Body, has urged that the Agrarian Reform Regulation Bill must go beyond land redistribution to include access to capital, technology, and markets. He proposes integrating agrarian reform with the Free Nutritious Meal (MBG) programme and village cooperatives to ensure long-term economic empowerment for farmers.

Public Can Trial Kelapa Gading-Manggarai LRT Starting 12 October

The Jakarta LRT service for the Kelapa Gading-Manggarai route is entering a phased operational trial period. The trial, which is free of charge, aims to refine services and test ticketing systems before the line moves towards full public operation.

Dompet Dhuafa Inaugurates Health Posts to Drive Post-Disaster Health Recovery

The charitable organisation Dompet Dhuafa has officially inaugurated two integrated health posts (Posyandu) in Central Tapanuli, North Sumatra, to support long-term health recovery following recent floods. The initiative focuses on strengthening community capacity, providing essential medical equipment, and improving maternal and child nutrition to ensure sustainable healthcare services.

Aerial Search for Five Journalists Yields No Results

Basarnas has reported that aerial search operations for five journalists missing in the Sunda Strait have so far failed to locate any signs of the victims. The search continues with intensive efforts planned for the next seven days, involving multi-agency coordination and significant maritime resources.

Before Pengambengan National Fishing Port Groundbreaking, Regent Requests Dredging of Entrance Channel

The Regent of Jembrana has urged contractors of the Rp 1.2 trillion Pengambengan National Fishing Port mega-project to prioritise dredging the entrance channel to alleviate sedimentation issues. The project, funded by the Islamic Development Bank, is a National Strategic Project aimed at modernising the region's fishing industry.

Ministry of Energy and Mineral Resources: Mineral and Coal Non-Tax Revenue Increases by Rp21 Trillion up to August 2026

Indonesia's non-tax revenue (PNBP) from the mineral and coal subsector rose to Rp108 trillion by 31 August 2026, marking a significant increase from the previous year. The Ministry of Energy and Mineral Resources attributes this growth to higher commodity prices despite a decrease in coal production volumes.

PT AHI focuses on boosting AZKO's competitiveness following the return of ACE Hardware

PT Aspirasi Hidup Indonesia Tbk (AHI) is intensifying efforts to strengthen its new brand, AZKO, in response to the re-entry of ACE Hardware into the Indonesian market. The company aims to maintain its market position by focusing on product quality, competitive pricing, and excellent after-sales service.

Vale (INCO) Outlines Major Expansion Plans, Preparing Rp19.29 Trillion in Capex

PT Vale Indonesia Tbk. (INCO) has announced a significant capital expenditure plan, peaking at US$1.1 billion in 2027 to fund large-scale expansions including new HPAL smelters. The company also remains optimistic about meeting its 2026 nickel matte production targets following strong performance in the first half of the year.

Traffic Accidents are Preventable, Driving Safety Culture Requires Involvement from Various Parties

High rates of motorcycle-related fatalities in Indonesia have prompted calls for a more robust driving safety culture. Authorities and organisations are now focusing on early education and massive public campaigns to reduce risky behaviours among the productive age group.

PVMBG: Anak Krakatau Eruption Lasts Only Seconds, Ash Restricted to Mountain Vicinity

Mount Anak Krakatau experienced a brief 17-second eruption this morning, with volcanic ash limited to the area surrounding the volcano. The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) noted that the volcano's activity has returned to its usual pattern of short-duration eruptions.