Indonesian Political, Business & Finance News

Archive: 14 September 2026

Showing 751-800 of 1,551 articles

Minister of National Development Planning: Post-Earthquake Recovery in Flores Must Strengthen Economy and Human Resources

The Minister of National Development Planning has emphasised that the recovery of Flores following recent earthquakes must focus on human resource development and integrating local commodities into global value chains. The NTT provincial government is currently conducting damage assessments to formulate a comprehensive rehabilitation and reconstruction plan.

Not Due to Meeting Jokowi, Said Explains Reason for Dismissal of Surabaya PDIP Member

PDIP Central Executive Board Chairman Said Abdullah has clarified that the dismissal of Surabaya-based member Achmad Hidayat was due to internal party violations rather than his meeting with former President Joko Widodo. While Hidayat claims his expulsion followed a visit to Jokowi's residence, the party maintains that his conduct failed to align with party instructions.

South Tangerang Government Evaluates Free Health Check Program to Strengthen Follow-up Measures

The South Tangerang City Government is evaluating its Free Health Check (CKG) programme to ensure medical findings are effectively addressed. As of late August 2026, the programme has reached 53 per cent of its target, with officials aiming for full coverage to facilitate early disease detection.

A Timeline of Prabowo-Gibran Cabinet Reshuffles: Finance Minister Position Changed in Latest Move

President Prabowo Subianto has conducted his sixth cabinet reshuffle, notably replacing the Minister of Finance. The latest changes involve Suahasil Nazara taking over the finance portfolio from Purbaya Yudhi Sadewa.

Government to improve slum area management through integrated approach

The Indonesian government is implementing a new regulatory framework to synchronise various slum upgrading programmes that previously operated in isolation. By integrating housing, clean water, and sanitation initiatives, the government aims to enhance the efficiency and effectiveness of urban development.

US encourages reliable electricity systems amidst 100 GWp solar target

The United States is urging Indonesia to strengthen its electrical grid to ensure that the expansion of solar energy is supported by reliable power generation. US Deputy Energy Minister James P. Danly highlighted the need for flexible baseload power to manage the intermittent nature of solar energy as Indonesia pursues its ambitious 100 GWp solar target.

Major Bank Stocks Rally Amid Cabinet Reshuffle Rumours

Shares of Indonesia's largest banks saw significant gains during Monday's trading session, driven by speculation surrounding a cabinet reshuffle under President Prabowo Subianto. The market reacted positively as news emerged regarding the appointment of new ministers, including the inauguration of Suahasil Nazara as Finance Minister.

AMA Indonesia Conference 2026 in Bali to Discuss Management and Business Value Creation

The upcoming AMA Indonesia Conference 2026 in Bali will feature prominent business leaders, including Ajik Krisna, discussing the transition from profit-making to sustainable wealth creation. The forum aims to address diverse sectors including macroeconomics, investment, and leadership, targeting 500 industry professionals.

Pertamina Sumbagsel Promotes Indonesian Culinary Heritage via BGCC 2026

PT Pertamina Patra Niaga Regional South Sumatra (Sumbagsel) hosted the Bright Gas Cooking Competition (BGCC) 2026 in Palembang to showcase local culinary richness and support MSMEs. The event also served as a platform to promote Bright Gas products and educate the public on the proper use of subsidised LPG.

Minister Ara Prepares 2.5 Million Tiles to Replace Asbestos, Identifies Suppliers

The Minister of Housing and Residential Areas, Maruarar Sirait, has announced a government initiative to replace asbestos roofing with safer tiles due to health risks. The programme aims to utilise 2.5 million tiles produced by MSMEs in Purwakarta and Majalengka to stimulate regional economies.

Indonesian President Removes Purbaya, Appoints Suahasil as Finance Minister

President of Indonesia has replaced Finance Minister Purbaya Yudhi Sadewa with Suahasil Nazara. The inauguration ceremony took place at the State Palace in Jakarta on Monday afternoon.

Uncontrolled AI Acceleration Could Extinguish Humanity? The Pros and Cons

Former Anthropic researcher Jacob Coxon has warned that the rapid pace of AI development poses a significant existential risk to humanity. While some industry leaders dismiss these fears as hyperbolic, others argue that urgent regulation is needed to prevent a global catastrophe.

Basarnas: Virgo Transport 8 Ship Sinks After Being Hit by 3-Metre Waves

The National Search and Rescue Agency (Basarnas) has reported that the Virgo Transport 8 vessel sank in the Java Sea due to heavy waves exceeding three metres. While 108 individuals have been rescued, search operations continue for the remaining passengers following the maritime disaster.

Prabowo Inaugurates Suahasil Nazara as Finance Minister, Replacing Purbaya

President Prabowo Subianto has officially appointed Suahasil Nazara as the new Minister of Finance, succeeding Purbaya Yudhi Sadewa. The inauguration, held at the Presidential Palace, marks the second change in the nation's treasurer position within a year.

Thick Smoke Poses Challenge to Forest Fire Extinguishing Efforts in Mount Bromo and Mount Butak

The National Disaster Management Agency (BNPB) reports that thick smoke, strong winds, and steep terrain are hindering efforts to extinguish forest fires in East Java. Significant areas in Mount Bromo and Mount Butak have been affected, with authorities working to prevent the flames from reaching residential areas and conservation zones.

Head of Iran's Nuclear Agency Fails to Attend IAEA Conference Due to US Interference

Mohammad Eslami, the head of Iran's nuclear programme, was prevented from attending the IAEA annual conference in Vienna due to pressure from the United States. The incident marks the first time in several years that Iran has been absent from the IAEA General Conference.

Ministry of Hajj and Umrah Finds 400,000 Invalid Records, Hajj Waiting List Could Drop to 14-15 Years

The Indonesian Ministry of Hajj and Umrah has identified approximately 400,000 invalid entries within the national pilgrimage waiting list. Following a data cleansing process, officials estimate that the factual waiting period could be reduced from 26 years to between 14 and 15 years.

Students in Central Lombok Find Worms in Free Nutritious Meal Menu; SPPG Responds

Students at a school in Central Lombok discovered live worms in their Free Nutritious Meal (MBG) containers, prompting the local Nutrition Fulfilment Service Unit (SPPG) to issue an apology. The SPPG head admitted to a lack of oversight during food preparation and confirmed that the contaminated meals were intercepted before consumption.

Ministry of Hajj Hopes Agreement on Pilgrimage Costs Reached by Next Week

The Minister of Hajj and Umrah, Mochamad Irfan Yusuf, expects the government and the Indonesian Parliament to finalise the pilgrimage costs within the next week. This agreement is crucial for providing certainty to prospective pilgrims regarding their required payments and allowing for technical preparations.

KM Virgo Transport Management Suspects Capsizing Due to Bad Weather

The management of KM Virgo Transport suspects that the vessel, operating on the Surabaya-Banjarmasin route, capsized due to high waves caused by severe weather. While initial reports indicate moderate sea conditions, officials are awaiting a formal investigation from the National Transportation Safety Committee (KNKT).

Former KPK Official Doubts Asset Forfeiture Bill Will Solve State Loss Recovery Issues

Former Deputy Chairman of the Corruption Eradication Commission (KPK), Amien SunaryHD, has expressed scepticism regarding the effectiveness of the proposed Asset Forfeiture Bill. He argues that unless the government clarifies the bill's primary objectives, it may fail to address the root causes of low asset recovery rates in Indonesia.

Oil Apocalypse Alert: Arab War Intensifies as Saudi Arabia Closes 1,200 km Pipeline

Saudi Arabia has temporarily closed a vital 1,200 km oil pipeline following drone attacks, heightening fears of a global energy crisis. The move comes amid escalating tensions in the Middle East, including Houthi insurgent activity in the Red Sea and potential Iranian involvement.

Strengthening Energy Security: Lampung Partners with Pertamina and Toyota to Develop Bioethanol

The Lampung provincial government has launched the Bioethanol Development Centre in Pesawaran, a collaborative initiative involving Pertamina, Toyota, and the Ministry of Investment. The project aims to bolster national energy security and downstreaming efforts by utilising crops such as sorghum, cassava, and corn to produce renewable fuel.

Basarnas Helicopter Evacuates Virgo Transport 8 Accident Survivor

A Basarnas Dauphin helicopter has successfully evacuated a female survivor from the KM Virgo Transport 8 shipwreck in the Java Sea. The search and rescue operation continues as authorities report 115 victims located so far, with 128 individuals still missing from the vessel.

BNPB: Prolonged Dry Season Triggers Water Crisis in Pemalang, Klaten, and Sidrap

The National Disaster Management Agency (BNPB) has reported widespread clean water shortages across several Indonesian regions due to a prolonged dry season. Significant water distribution efforts are underway in Central Java and South Sulawesi to support thousands of affected households.

Spirit of Tolerance from the 31st National MTQ in Semarang City

The 31st National Musabaqah Tilawatil Quran (MTQ) in Semarang is expected to generate an economic turnover of approximately Rp1.2 trillion. The event, which brings together thousands of participants, is driving significant spending in accommodation, transport, and local tourism across Central Java.

South Kalimantan Governor Strengthens Women's Empowerment and Child Protection

The South Kalimantan Provincial Government, led by Governor Muhidin, has launched several initiatives to enhance women's empowerment and child protection across education, health, and economic sectors. The programme includes a new cross-sectoral forum to combat cybercrime and violence against women and children, alongside efforts to boost MSMEs.

Basarnas Reveals Virgo Transport 8 Vessel Struck by Waves Exceeding 3 Metres

Basarnas has reported that the vessel KM Virgo Transport 8 encountered waves of over three metres during an accident in the Java Sea. The agency is currently working alongside the National Transportation Safety Committee (KNKT) to investigate the exact cause of the incident.

These 4 Individuals Became Wealthy Through Inheritance, Surpassing Martua Sitorus and Mochtar Riady

The four heirs of the late Michael Bambang Hartono have ascended to the ranks of Indonesia's wealthiest individuals following a massive inheritance. Their individual net worths now exceed those of veteran tycoons such as Martua Sitorus and Mochtar Riady.

Israeli Minister Threatens to Revoke Citizenship of NAZA Film Directors

Israeli Culture Minister Miki Zohar has threatened to strip the citizenship of documentary filmmakers Yuval Abraham and Rachel Szor following the success of their film, NAZA. The controversy follows the film's Special Jury Prize win at the Venice Film Festival, which highlights the use of AI technology by the Israeli military in Gaza.

South Sumatra Regional Police Deploy Joint Personnel to Extinguish Forest and Land Fires in Ogan Ilir

Joint task forces from the South Sumatra Regional Police, local police, and the Regional Disaster Management Agency (BPBD) successfully extinguished several forest and land fires in Ogan Ilir. The operation targeted multiple locations, including the KTM and Danau Biru areas, to prevent further environmental and community impact.

Minister of Home Affairs Urges Regional Heads to Support Kopdeskel Verification and Validation Process

The Minister of Home Affairs, Muhammad Tito Karnavian, has called on regional leaders to facilitate the verification and validation of the Merah Putih Village/Sub-district Cooperatives (Kopdeskel) infrastructure. This initiative aims to ensure that approximately 24,000 newly constructed facilities across Indonesia meet the required technical specifications before becoming operational.

Anthropic Calls for Industry to Slow Down AI Development

Anthropic CEO Dario Amodei has urged AI companies to decelerate the pace of technological advancement to mitigate risks from superintelligent systems. The call for a coordinated slowdown has gained support from industry leaders including Sam Altman of OpenAI and Elon Musk.

Survivors of KM Virgo Transport 8 Receive Psychological Support to Recover from Trauma

The South Kalimantan Regional Police have deployed a trauma healing team to provide psychological assistance to survivors of the KM Virgo Transport 8 shipwreck. The initiative aims to help victims manage emotional distress and fear following the maritime accident in South Kalimantan waters.

Prabowo Officially Inaugurates Suahasil Nazara as Finance Minister

President Prabowo Subianto has officially appointed Suahasil Nazara as the new Minister of Finance, replacing Purbaya Yudhi Sadewa. The inauguration took place at the Presidential Palace in Jakarta, marking a significant leadership change within Indonesia's national treasury.

Video: Preferred Sectors as Oil Prices Rise - Interest Rates Forecast to Increase

Global financial markets are facing ongoing pressure due to escalating tensions in the Middle East and concerns regarding potential US Federal Reserve interest rate hikes. This volatility has led to a decline in the Jakarta Composite Index and a weakening of the Rupiah against the US Dollar.

Complete Profile of Suahasil Nazara, Prabowo's Newly Appointed Finance Minister

Suahasil Nazara has officially been inaugurated as the Minister of Finance of the Republic of Indonesia, succeeding Purbaya Yudhi Sadewa. An accomplished academic and former Deputy Finance Minister, Nazara brings extensive experience in fiscal policy and economic management to the new administration.

Houthis Control Bab al-Mandab, Is Israel Anxious? The Reasons Revealed

The expanding control of the Houthi group over territories near the Bab al-Mandab Strait has triggered significant concern within Israeli security agencies. This development poses a potential threat to global trade routes and Israel's supply lines through the Red Sea.

First Bangsamoro Elections to be Held, Philippines Declares Special National Holiday

The Philippine government has declared 14 September 2026 as a special non-working holiday in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). This measure aims to ensure maximum voter turnout for the region's historic first parliamentary elections.

Suahasil Nazara Arrives at the Palace, Is a Ministry of Finance Reshuffle Imminent?

Deputy Finance Minister Suahasil Nazara was seen at the Presidential Palace amidst intensifying rumours regarding a reshuffle of the Red and White Cabinet. Speculation suggests Suahasil could be considered as a candidate to succeed the current Finance Minister, Purbaya.

Official: Suahasil Nazara Appointed Minister of Finance, Replacing Purbaya

President Prabowo Subianto has officially inaugurated Suahasil Nazara as the new Minister of Finance. Suahasil succeeds Purbaya Yudhi Sadewa, who held the position for one year.

Gerindra-PSI Urge Koster to Strengthen Oversight of Foreign Tourist Levies

The Gerindra-PSI faction of the Bali Regional Legislative Council (DPRD) has called on Governor Wayan Koster to enhance the monitoring of the Foreign Tourist Levy (PWA), particularly for those entering via domestic routes. The faction expressed concerns regarding revenue leakage and criticised the setting of unrealistic revenue targets for the 2025 regional budget.

Mapping the World's Rare Earth Metal Dominance: Where Does Indonesia Stand?

The Mineral Industry Agency (BIM) has revealed the global distribution of rare earth element (REE) production and reserves, highlighting China and Vietnam as leaders. While Indonesia is currently absent from the global production map, officials state this is due to ongoing survey and validation processes rather than a lack of potential.

Finance Minister Purbaya prepares regional government financing scheme via SMI

Finance Minister Purbaya Yudhi Sadewa is introducing an innovative financing scheme to support regional development through PT Sarana Multi Infrastruktur (SMI). The scheme involves the central government subsidising loans to local governments, with repayments managed through gradual reductions in revenue sharing funds (DBH).

Indonesian Navy Evacuates 22 Survivors of KM Virgo Transport 8 on Second Day of Search

The Indonesian Navy and Joint SAR teams have successfully rescued 22 survivors from the KM Virgo Transport 8 accident in the Java Sea. While most survivors are in good health, three individuals are receiving medical treatment, and search operations continue for those still missing.

Yusril Arrives at Presidential Palace: Ministerial Inauguration Imminent

Coordinating Minister for Law, Human Rights, and Immigration, Yusril Ihza Mahendra, has arrived at the Presidential Palace amidst rumours of a ministerial reshuffle. Several high-ranking officials have also been summoned to the palace, suggesting that an inauguration ceremony may take place today.

Cooperative Ministry accelerates KDKMP operationalisation through three key steps

The Indonesian Ministry of Cooperatives is implementing a three-step strategy to fast-track the operationalisation of the Merah Putih Village/Sub-district Cooperatives (KDKMP). The plan includes technical socialisation, physical verification of business facilities, and the deployment of professional managers to bolster the national economy.

Pratikno Visits Palace in Black Suit and Blue Tie: An Invitation to an Inauguration

The Coordinating Minister for Community Development and Culture, Pratikno, visited the State Palace in Jakarta following an invitation for an upcoming inauguration ceremony. While he confirmed receiving the invitation from the Presidential Secretariat, he remained non-committal regarding whether he is among those to be inaugurated.

Kadin DKI calls for simplified licensing to ensure business sustainability

The Jakarta Chamber of Commerce and Industry (Kadin DKI) has urged the provincial government to implement bureaucratic reforms and simplify business licensing. These measures are seen as essential to reducing operational burdens and attracting new investment as Jakarta transitions into a global city.

Basarnas reveals KM Virgo hit by waves over 3 metres during accident

The National Search and Rescue Agency (Basarnas) has reported that the KM Virgo Transport 8 was struck by waves exceeding three metres during its accident in the Java Sea. While 115 victims have been located, including six fatalities, investigations into the exact cause of the maritime disaster are ongoing.