Indonesian Political, Business & Finance News

Archive: 14 September 2026

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Finance Minister Suahasil Committed to Strengthening Crackdown on Illicit Cigarettes

Newly appointed Finance Minister Suahasil Nazara has pledged to intensify enforcement actions against illegal cigarette trade and other illicit activities. This initiative is part of the Ministry of Finance's broader strategy to safeguard the state budget and maintain national economic stability.

Suahasil: Change in Finance Minister is a Continuation, Not a Shift

Newly appointed Finance Minister Suahasil Nazara has reassured capital market participants that her appointment does not signal a change in the Ministry of Finance's policy direction. She emphasised that her tenure will focus on continuing existing efforts to maintain national fiscal health and credibility.

Market Welcomes Suahasil Nazara Replacing Purbaya, Signalling Fiscal Policy Continuity

The appointment of Suahasil Nazara as Finance Minister has been met with positive sentiment from the market, viewed as a move towards policy continuity. Experts suggest his extensive experience as Deputy Finance Minister will help maintain fiscal discipline and stability during the transition.

To Prevent Inflation, Minister of Home Affairs Urges Local Governments to Watch Chicken and Rice Prices

The Indonesian Minister of Home Affairs, Tito Karnavian, has called on local governments to monitor the rising prices of chicken, eggs, and rice to prevent national inflation. He also advised authorities to prepare for potential impacts from global oil price fluctuations on transportation costs.

BRIN Dismisses Tsunami Rumours in Sunda Strait Following Anak Krakatau Eruption

The National Research and Innovation Agency (BRIN) has confirmed that there are no wave anomalies triggering a tsunami in the Sunda Strait despite increased volcanic activity from Anak Krakatau. The agency clarified that reports of receding or high waves are false information and emphasised the importance of strengthening disaster monitoring infrastructure.

Akulaku Group Distributes Food Aid to Communities Affected by NTT Earthquake

Akulaku Group, through its subsidiaries including Bank Neo Commerce Tbk, has partnered with BAZNAS RI to provide essential food supplies to earthquake victims in East Nusa Tenggara. The initiative aims to support the distribution of basic necessities such as rice and cooking oil to aid the recovery process in the affected regions.

National Police Chief Calls Textile Workers 'Foreign Exchange Heroes', Urges Continued Industrial Growth

Indonesian National Police Chief General Listyo Sigit Prabowo has praised the textile, garment, and leather sectors for their vital contribution to Indonesia's economic growth and foreign exchange reserves. He emphasised the government's commitment to downstreaming programmes and stricter import controls to protect domestic labour-intensive industries.

Bahlil: Average Indonesian Oil Price Reaches Around US$90 Until September

The Minister of Energy and Mineral Resources, Bahlil Lahadalia, reported that national oil prices averaged between US$85 and US$90 per barrel from January to September 2026. This figure exceeds the 2026 state budget assumption of US$70 per barrel, prompting the government to secure crude oil supplies from countries including Russia to maintain domestic fuel subsidies.

South Kalimantan BKSDA Confirms Death of 12 Proboscis Monkeys Due to Forest Fires in HSS

The South Kalimantan Natural Resources Conservation Agency (BKSDA) has confirmed that 12 proboscis monkeys died following forest and land fires in Balimau Village, Hulu Sungai Selatan. Authorities are currently monitoring the remaining population and assessing the impact on other endemic species in the affected habitat.

Low Excise Burden Makes E-Cigarettes Easily Accessible to Children

Research indicates that the low tax burden on e-cigarettes in Indonesia makes them highly affordable, contributing to increased usage among adolescents. Experts are calling for a significant increase in excise rates and stricter distribution monitoring to protect minors from easy access to vaping products.

Discarding Old Mobile Phones Can Earn Free Internet Data, Here Is How

A new initiative called ByeByeBox, featuring Indonesia's first E-Waste Reverse Vending Machine, allows users to exchange electronic waste for free mobile data. The programme, a collaboration between XLSmart and Remind, aims to promote circular e-waste management by incentivising the responsible disposal of old devices.

Trump: Chinese Cars Allowed if Produced in the US

US President Donald Trump has stated he does not oppose Chinese automakers entering the American market, provided they manufacture their vehicles within the United States and employ American workers. This stance contrasts with the Detroit automotive industry's push for a permanent ban on Chinese vehicles.

Organisers and Participants Apologise Following Viral 'Satanic Parade' in Pekalongan

The organisers of the Simbang Kulon Night Carnaval in Pekalongan have issued a formal apology after a parade performance featuring occult-style imagery went viral on social media. The Acting Regent of Pekalongan has expressed concern over the psychological impact on children and pledged to coordinate with organisers to ensure future creativity aligns with religious and national values.

Rosan ensures takeover of KCIC to Ministry of Finance remains on track

Rosan Roeslani, CEO of Danantara Indonesia, has confirmed that the transfer of PT Kereta Cepat Indonesia China (KCIC) management to the Ministry of Finance will proceed as planned. Despite the recent change in Finance Minister, discussions are underway to ensure all outstanding programmes and the handover process remain uninterrupted.

PISA as a Mirror, Not an Educational Goal

The article argues that the Programme for International Student Assessment (PISA) results should be used as a reflective tool to assess educational quality rather than a target to be chased. It emphasises the need to shift Indonesian education from rote memorisation towards functional competence and deep learning.

Discovering the Beauty of Sebesi Island, a Marine Charm Near Anak Krakatau

The Lampung Provincial Government is positioning Sebesi Island as a strategic tourism hub within the Anak Krakatau region to boost the local economy. The initiative focuses on sustainable tourism management that actively involves local communities and small businesses in the maritime industry.

Bahlil Confirms National Fuel Reserves are Secure, Sufficient for 20 Days

The Minister of Energy and Mineral Resources, Bahlil Lahadalia, has assured the public that national fuel reserves remain stable despite recent long queues at petrol stations in South Sulawesi. The Minister attributed the recent congestion to a shift in consumer behaviour towards subsidised fuel rather than a shortage of supply.

UK at Risk of Dissolution as Three Nations Prepare to Declare Independence from Britain

Leaders from Scotland, Wales, and Northern Ireland are reportedly set to meet in Cardiff to sign a declaration seeking independence from the United Kingdom. The move follows US President Donald Trump's expressed support for Irish reunification, potentially leading to a significant restructuring of European geopolitics.

Marrying Local Women, Two Foreign Nationals Praise Efficiency of Sedan Religious Affairs Office

Two foreign nationals have commended the efficiency and helpfulness of the Sedan Religious Affairs Office (KUA) in facilitating their marriage administration. The office is also promoting an 'Ecotheology' programme, encouraging newlyweds to plant trees as part of an environmental conservation initiative.

Suahasil Inspires Hundreds of Ministry of Finance Officials, Chanting 'Solid!'

Following her inauguration by President Prabowo Subianto, Suahasil Nazara has officially assumed her role as Minister of Finance. She emphasised the continuity of state financial management policies and reaffirmed her commitment to maintaining the national budget and economic stability.

Greenpeace Questions Revocation Decree for Four Nickel Mining Companies in Raja Ampat

Greenpeace Indonesia has raised concerns regarding the lack of transparency following reports of revoked mining licences for four nickel companies in Raja Ampat. The organisation is calling on the Ministry of Investment and Downstreaming to release the official decrees to ensure public accountability and provide a precedent for handling illegal mining operations.

Suahasil Recounts Being Contacted Monday Morning for Finance Minister Inauguration

Suahasil Nazara has been officially inaugurated as Indonesia's new Finance Minister by President Prabowo Subianto. She aims to maintain the credibility of the state budget and ensure it supports the government's priority programmes.

Regarding SOE Dividends, Danantara CEO to Meet Finance Minister Suahasil

The CEO of Danantara, Rosan Roeslani, plans to meet with the newly appointed Finance Minister, Suahasil Nazara, to discuss dividend transfers from State-Owned Enterprises. The meeting aims to coordinate agendas between the investment agency and the Ministry of Finance following the recent change in leadership.

Khusnul Waits in Hope for News of Brother Among Passengers of KM Virgo Transport

A family member is seeking information at the integrated accident post in Surabaya following the sinking of the KM Virgo Transport 8. The vessel, which was travelling from Surabaya to Banjarmasin, has left many passengers still missing.

Police Crack Down on Illegal Gold Mining in Batang Kuantan River, 29 Rafts Destroyed

Law enforcement authorities in Kuantan Singingi have destroyed 29 rafts used for illegal gold mining (PETI) along the Batang Kuantan River. The operation involved a joint task force including the police, military, and local government agencies to combat environmental destruction.

Bank Aladin Syariah Supports Construction of Classrooms at SD Muhammadiyah 09

Digital bank PT Bank Aladin Syariah Tbk has provided financial assistance through its Corporate Social Responsibility (CSR) programme to support the expansion of SD Muhammadiyah 09 Plus Duren Sawit II in East Jakarta. The initiative aims to increase classroom capacity to accommodate the growing number of students in the area.

National Police Chief Outlines Government Measures to Protect National Textile Industry

The Indonesian National Police Chief, General Listyo Sigit Prabowo, has detailed government strategies to safeguard the domestic textile industry from global pressures and illegal imports. These measures include stricter import controls, anti-dumping duties, and financial support for labour-intensive industries to ensure economic stability and job security.

Entrepreneurs' Hopes for Finance Minister Suahasil: Pro-Industry Policies to Achieve 8% Indonesian Economic Growth

Following the appointment of Suahasil Nazara as Finance Minister by President Prabowo Subianto, Indonesian business leaders have expressed optimism regarding future fiscal policies. The Vice Chairman of Kadin Indonesia, Saleh Husin, hopes for pro-growth regulations that will stimulate the industrial and trade sectors to meet the President's 8% economic growth target.

Joint Task Force Struggles to Extinguish Forest Fires on Mount Lawu Slopes in Magetan

Emergency services, including the military and police, are working to contain forest and land fires on the slopes of Mount Lawu in Magetan, East Java. While the fire has been brought under control, strong winds and dry vegetation continue to pose significant challenges to firefighting efforts.

Finance Minister Suahasil to Review Customs and Excise Directorate General Reshuffle

Newly appointed Finance Minister Suahasil Nazara has stated she will review the recent structural changes within the Directorate General of Customs and Excise. She emphasised that her primary focus remains on strengthening state finances and ensuring the continuity of existing policies under the Prabowo Subianto administration.

The Fate of the Labour Protection Bill After Minister Submits List of Issues to Parliament

The Indonesian government has submitted the List of Issues (DIM) for the Labour Protection Bill to the House of Representatives (DPR). The Ministry of Manpower aims to finalise the legislation by October 2026, addressing critical matters such as wages, outsourcing, and industrial relations.

Suahasil Urges Capital Market Participants Not to Worry, Finance Minister Transition is Not a Change

Finance Minister Suahasil Nazara has assured capital market participants that the transition in the Ministry of Finance's leadership will not alter the direction of national economic policy. She emphasised that her appointment represents a continuation of existing efforts to maintain fiscal stability and manage the state budget effectively.

Former Islamic Boarding School Administrator Named Suspect in Student Rape Case, Allegedly Fled

Sleman Police have officially named a former administrator of the Ash-Sholihah Jonggrangan Islamic boarding school as a suspect in the alleged rape of a 21-year-old former student. Authorities are currently pursuing the suspect, who is believed to have fled his residence prior to the police report being filed.

Indonesia finalises fines of up to 6% of global revenue for tech firms

The Indonesian government has finalised a penalty framework under the PP TUNAS regulation to enforce child protection in electronic systems. Global digital platforms, including YouTube and TikTok, face fines of up to 6 per cent of their global revenue for non-compliance, with domestic operators subject to tiered administrative sanctions.

Jambi Governor: 80 Per Cent of Forest Fires Suspected to be Intentional

Jambi Governor Al Haris has revealed that 8/10 of forest and land fires in the province are believed to be caused by deliberate arson. In response, authorities have initiated legal proceedings for 75 cases as the province battles 2,975 hectares of burnt land.

Minister of Home Affairs Urges Local Governments to Watch Rising Prices of Chicken, Eggs, and Rice

The Indonesian Minister of Home Affairs, Muhammad Tito Karnavian, has called on local governments to monitor the rising costs of poultry, eggs, and rice to prevent national inflation. He emphasised the need for coordinated market operations and price monitoring across the entire distribution chain to maintain economic stability.

House of Representatives States MBG Poisoning Victims Can Pursue Legal Action for Justice

The Deputy Chairman of Commission IX of the House of Representatives, Charles Honoris, has stated that victims of food poisoning resulting from the Free Nutritious Meal (MBG) programme can seek justice through criminal or civil litigation. He highlighted that various laws, including Consumer Protection and Food Laws, can be utilised to hold responsible parties accountable.

PTBA CEO Outlines Coal Industry Challenges Amid Global Volatility

The President Director of PT Bukit Asam Tbk (PTBA) reported a significant 215% increase in profit for the first half of 2026, despite global geopolitical uncertainties. He highlighted fuel prices, stripping ratios, and overburden management as the primary cost drivers affecting the coal industry.

Profile of Suahasil Nazara, the New Finance Minister Replacing Purbaya Yudhi Sadewa

President Prabowo Subianto has officially inaugurated Suahasil Nazara as the new Minister of Finance, succeeding Purbaya Yudhi Sadewa. The appointment has been viewed positively by the market, providing much-needed fiscal certainty during the 2026-2027 budget transition.

JJLS Kelok 23 Bantul Opens for Trial Period until 20 September

A section of the Southern Cross Road (JJLS) known as Kelok 23 in Bantul, Yogyakarta, has officially entered a trial phase. The road, which serves as a vital link between Bantul and Gunungkidul regencies, will be operational daily from 06:00 to 18:00 WIB until 20 September 2026.

Danantara CEO Confident Suahasil Will Bring Positive Momentum to Indonesian Economy

The CEO of Danantara, Rosan P. Roeslani, has expressed confidence in the appointment of Suahasil Nazara as the new Finance Minister. Roeslani believes Suahasil's extensive track record will bolster Indonesia's economic stability, particularly within the investment sector.

New Indonesian Finance Minister Vows to Keep Budget Deficit Below 3%

Newly appointed Finance Minister Suahasil Nazara has pledged to maintain Indonesia's state budget deficit below 3 per cent to ensure economic stability. Following his inauguration by President Prabowo Subianto, the Minister emphasised the importance of fiscal accountability and spending efficiency to support national priority programmes.

JCI rebounds as markets react to Suahasil's appointment as Finance Minister

The Indonesia Composite Index (JCI) recovered from a significant intraday drop to close with only a marginal decline following the inauguration of Suahasil Nazara as Finance Minister. Investors responded positively to the appointment, viewing Suahasil as a figure who ensures continuity in fiscal management.

Pasuruan Civil Registry Office Conducts Door-to-Door e-KTP Registration for Elderly and Persons with Mental Health Disorders

The Pasuruan Regency Civil Registry Office is implementing a proactive 'door-to-door' service to assist vulnerable citizens, including the elderly and persons with mental health disorders, in obtaining electronic ID cards. Through the 'Si Mamah' innovation, officials bring portable recording equipment directly to homes to ensure all residents can access their fundamental right to civil identity.

Ministry of Communication and Digital monitors judicial review of mobile number usage regulations

The Indonesian Ministry of Communication and Digital is closely monitoring a judicial review at the Constitutional Court regarding regulations on mobile phone number usage. The Ministry has expressed its readiness to comply with the court's decision and prepare new regulations if necessary to ensure legal certainty.

OJK Cancels Limit on Indonesians Borrowing from a Maximum of Three P2P Lenders, Here is Why

The Financial Services Authority (OJK) has decided to scrap the regulation that restricted individuals from borrowing from more than three peer-to-peer (P2P) lending platforms simultaneously. The decision aims to support the high demand for funding among MSMEs and the informal sector while promoting inclusive financial access.

DPR Commission III and UGM Anti-Corruption Centre Discuss Assets Derived from Crime Used as Schools and Islamic Boarding Schools

The Indonesian House of Representatives (DPR) Commission III is considering proposals regarding the Asset Forfeiture Bill, specifically addressing how to handle criminal assets currently functioning as social facilities. The discussion focuses on maintaining the utility of schools and hospitals for the public even if ownership is transferred to the state.

Minister of Home Affairs: Discussion on 15 Bills for Kalimantan Regencies/Cities to Continue

The Minister of Home Affairs, Muhammad Tito Karnavian, has announced the government's approval to proceed with the discussion of 15 Bills concerning various regencies and cities across West, Central, and South Kalimantan. The move aims to provide legal certainty by updating the legal basis of these regions following the transition from the 1950 Provisional Constitution to the current 1945 Constitution.

Rohul Police Distribute Clean Water to Assist Residents Affected by Drought

The Rokan Hulu Police have distributed clean water supplies to residents in West Wonosri, Koto Tinggi Village, to mitigate the impact of a prolonged dry season. The initiative aims to support communities facing water shortages as local wells have run dry due to the drought.

Finance Minister Suahasil Ensures State Budget Deficit to Remain Below 3 Per Cent and Continues Efficiency

Finance Minister Suahasil Nazara has reaffirmed her commitment to maintaining the health and credibility of Indonesia's state budget. She aims to keep the state budget deficit below 3 per cent to ensure the fiscal framework can effectively support the government's priority programmes.