Indonesian Political, Business & Finance News

Archive: 14 September 2026

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As Electric Vehicles Increase, Asuransi Astra Expands Evacuation Services

Asuransi Astra has expanded its Garda Siaga evacuation services by introducing hydraulic flatbed trucks across 31 locations in Indonesia. This initiative aims to meet the specialised handling requirements of the growing number of hybrid and electric vehicles in the automotive market.

Indragiri Hilir Police Name One Suspect in Forest and Land Fire Case

The Indragiri Hilir Police have named a 32-year-old man as a suspect following a forest and land fire in Riau. The individual allegedly set fire to approximately one hectare of land as a method of land clearing.

KNKT Gathers Statements from Survivors and KM Virgo Data for Accident Investigation

The National Transportation Safety Committee (KNKT) is conducting interviews with survivors and crew members of the KM Virgo Transport 8 following its sinking in the Masalembo waters. The investigation aims to analyse technical ship specifications alongside ongoing search and rescue operations led by Basarnas.

Consumer agency urges tech-based prevention of sea transport accidents

The National Consumer Protection Agency (BPKN) has called for a shift towards technology-driven preventive measures to enhance maritime safety following a recent ferry accident in the Java Sea. Chairman Mufti Mubarok emphasised the need for real-time monitoring and stricter oversight of vessel stability and weather assessments to protect passengers.

Former Islamic Boarding School Official in Sleman Officially Named Suspect in Rape Case

A former official of the Ash-Sholihah Jonggrangan Islamic boarding school in Sleman has been named a suspect following the alleged rape of a former student. The victim is currently pregnant, and police have confirmed that sufficient evidence has been found to proceed with the criminal investigation.

Nduga Regent threatens to withhold salaries of civil servants absent from office

Nduga Regent Yoas Beon has threatened to impose administrative sanctions, including salary withholding, on civil servants who fail to report to their posts in Kenyam. The Regent urged all staff, particularly new recruits, to fulfil their duties to ensure the continuity of public services in the region.

KM Virgo Transport 8 Capsizes, DPR Questions Ministry of Transport Oversight

The Chairman of Commission V of the Indonesian House of Representatives (DPR) has expressed deep concern following the capsizing of the KM Virgo Transport 8 in the Java Sea. Lasarus criticised the Ministry of Transport's oversight, suggesting that frequent maritime accidents indicate a failure in vessel safety inspections.

Agung Winarno Indicted for Money Laundering via 'Sang Pengadil' Film Financing

Executive film producer Agung Winarno has been charged with money laundering for allegedly mixing corruption proceeds with legitimate funds to finance the film 'Sang Pengadil'. The indictment alleges he worked alongside former Supreme Court official Zarof Ricar to disguise the origins of illicit wealth through film production and other assets.

KLBF Considers Delisting EPMT Due to Failure to Meet Free Float Requirements

PT Kalbe Farma Tbk (KLBF) is considering the delisting of its subsidiary, PT Enseval Putera Megatrading Tbk (EPMT), from the Indonesia Stock Exchange. The move comes as EPMT's free float stands at only 7.5%, significantly below the mandatory 15% threshold required by the exchange.

MSME Ministry to expand KUR loan access for laundry businesses

The Indonesian MSME Minister, Maman Abdurrahman, has pledged to facilitate easier access to the KUR credit programme for laundry businesses. The initiative aims to connect industry associations with participating banks to support business expansion and sustainable growth across various regions.

Ministry of Marine Affairs and Fisheries prepares Red and White Fishing Villages as inter-regional fish distribution network

The Indonesian Ministry of Marine Affairs and Fisheries (KKP) aims to transform Red and White Fishing Villages (KNMP) into a strategic inter-regional distribution network for fish. The initiative seeks to expand market access for fishermen, moving beyond local markets to supply major cities and international export markets.

Minister of Home Affairs studies proposal to extend village heads' terms of office

The Indonesian Minister of Home Affairs, Tito Karnavian, is reviewing a proposal from the Association of Village Heads at the End of Term (AMJ) to extend their tenure. The proposal suggests that extending terms could increase budget efficiency by reducing the costs associated with village head elections.

Signing of Indonesia's Shared Space Decree, Home Affairs Minister: Strengthening Women's Empowerment and Child Protection in Regions

The Indonesian Minister of Home Affairs has signed a Joint Ministerial Decree establishing 'Ruang Bersama Indonesia' (RBI) to bolster women's empowerment and child protection. This initiative aims to integrate existing resources and services through a collaborative platform across various regions.

KM Dekai Mas 3 Found After Losing Contact in West Sulawesi

Seven crew members of the KM Dekai Mas 3 vessel have been safely rescued after the ship lost contact during its voyage from Mamuju to Samarinda. The joint SAR team successfully located the vessel and its crew following a two-day search operation in the waters of West Sulawesi.

Tito Promotes Women's Empowerment and Child Protection Through Joint Ministerial Decree

The Minister of Home Affairs, alongside the Ministers of Women's Empowerment and Village Development, has signed a Joint Ministerial Decree to establish 'Ruang Bersama Indonesia' (RBI). This initiative aims to create a collaborative platform to strengthen human resource development, gender equality, and the protection of women and children across Indonesia.

Five Thousand Beringharjo Traders Prepare for New Era as BSI Prepares Digital Transformation for Iconic Yogyakarta Market

PT Bank Syariah Indonesia (BSI) has launched the BYOND Merchant application at Yogyakarta's iconic Beringharjava Market to drive digital transformation among traditional traders. The initiative aims to integrate 5,000 merchants into the digital economy through QRIS, Soundbox, and EDC solutions to meet changing consumer payment behaviours.

Dismissed PDIP Member Reveals Jokowi-Mega Relationship; Ganjar Responds

Ganjar Pranowo, the PDIP Central Executive Board Chairman, has responded to claims made by a dismissed party member regarding a meeting between Joko Widodo and Megawati Soekarnoputri. The dismissed member, Achmad Hidayat, reported that the former President stated he has no issues with the PDIP leader.

Pertamina adds modular petrol stations in CPI to ease fuel queues in Makassar

PT Pertamina Patra Niaga has deployed modular petrol stations at the Center Point of Indonesia (CPI) in Makassar to alleviate recent fuel queues. This initiative, conducted in collaboration with the South Sulawesi Provincial Government, aims to stabilise fuel distribution and reduce congestion at existing stations.

BRICS: Indonesia's Path to Asserting Global Influence

President Prabowo Subianto's participation in the BRICS summit in New Delhi highlights Indonesia's strategic move to expand its global influence. As Indonesia prepares for full membership in 2025, the nation aims to transform collective BRICS strength into concrete economic opportunities for the Global South.

WIKA Achieves International Recognition for Information Disclosure and Knowledge Management

State-owned construction firm PT Wijaya Karya (Persero) Tbk (WIKA) has secured prestigious international awards for its excellence in knowledge management and corporate reporting. The company earned the Gold Winner SEA MIKE Award 2026 and a Platinum Award in the LACP Vision Awards, highlighting its commitment to transparency and innovation.

Easing Fuel Queues in Makassar: Pertamina Operates 25 Petrol Stations 24 Hours a Day

PT Pertamina Patra Niaga has implemented measures to reduce vehicle queues at petrol stations in Makassar, including the 24-hour operation of 25 stations. The company has also deployed modular service points and increased staff and equipment to ensure smooth fuel distribution.

Hunting for Souvenirs at the XXXI National MTQ in Semarang: Featuring Saqur Mascot and Painted Umbrellas

The Dekranasda Store in Semarang has been designated as an official souvenir centre for the XXXI National Musabaqah Tilawatil Qur’an (MTQ) 2026. The store showcases various products from Central Java's small and medium enterprises (SMEs), including the popular Saqur mascot doll, to promote local industries to national visitors.

KAI warns public to be wary of ticket purchases via digital financial services

PT Kereta Api Indonesia (Persero) Daop 4 Semarang has issued a warning regarding social engineering scams involving 'PayLater' features on third-party e-commerce platforms. Fraudsters are reportedly manipulating victims into purchasing tickets using personal credit limits, only to later refund the tickets to their own accounts.

'The Judge' Producer Charged with Concealing Alphard and Palm Oil Plantation Linked to Mafia Official

Agung Winarno, an executive producer for the film 'Sang Pengadil', has been indicted for laundering assets belonging to former Supreme Court official Zarof Ricar. The prosecution alleges the use of film production funds, luxury vehicles, and palm oil plantation documents to disguise the origins of corrupt wealth.

Attorney General's Office Ready to Face Ibam's Cassation in Chromebook Corruption Case

The Attorney General's Office (Kejagung) has confirmed it will file a cassation appeal to the Supreme Court following Ibrahim Arief's legal challenge. The case involves the corruption of Chromebook procurement, where the defendant's sentence was recently increased on appeal.

With Viewpoints Available, Do Not Stop or Park on the Side of JJLS Curve 23!

The Yogyakarta Regional Police Traffic Directorate has established monitoring posts to prevent motorists from parking on the roadside of the newly opened JJLS Curve 23. Authorities are also coordinating with various agencies to address issues such as broken street lighting and overgrown trees to ensure road safety during the trial period.

CNBC Indonesia Applauds Drivers of Indonesian Economy Amidst Global Dynamics

CNBC Indonesia has announced the return of the CNBC Indonesia Awards 2026 to recognise industry leaders who have demonstrated resilience amidst global geopolitical and economic shifts. The awards aim to celebrate business success and optimism as Indonesia's economy shows robust growth despite international uncertainties.

Minister of Home Affairs Mediates Conflict Between Masinton and Tapteng Regional Council: Executive and Legislative Must Unite

Minister of Home Affairs Tito Karnavian has intervened to mediate a political dispute between the Tapanuli Tengah Regional Council and Regent Masinton Pasaribu. The Minister emphasised that political differences must not hinder disaster relief efforts or the allocation of budgets for flood recovery in the region.

Asaki Urges Strengthening of Energy Supply to Maintain Competitiveness

The Indonesian Ceramic Industry Association (Asaki) is calling for more certain energy supplies to support planned production expansions. The association warns that gas shortages and rising industrial gas prices could jeopardise the competitiveness of the national ceramic industry.

Ibam Files Appeal in Chromebook Case, Utilises AI to Analyse Judicial Irregularities

Former technology consultant Ibrahim Arief, known as Ibam, has filed an appeal with the Supreme Court following an increased sentence in the Chromebook procurement corruption case. His legal team intends to use artificial intelligence to highlight inconsistencies in the court's ruling regarding a Rp5 billion restitution order.

To Restore Fuel Supply, IESR Recommends These 4 Steps

The Institute for Essential Services Reform (IESR) has urged the Indonesian government to implement immediate measures to address fuel shortages across Sulawesi, Java, and Sumatra. The institute recommends redistributing stocks, protecting critical public services, ensuring data transparency, and strictly penalising fuel hoarding.

Pertamina Outlines Transformation and Digitalisation Strategies During Visit from Swedish Delegation

Pertamina has presented its 'Dual Growth Strategy' to a Swedish delegation, focusing on balancing energy security with sustainability. The strategy aims to strengthen existing fossil fuel businesses while simultaneously expanding low-carbon initiatives such as biofuels and geothermal energy.

Chronology of Multi-Vehicle Pile-up Causes Truck to Overturn Across JORR Toll Road

A multi-vehicle collision involving five vehicles occurred on the JORR Toll Road heading towards Lebak Bulus, causing a truck to overturn and obstruct three lanes. The accident resulted in significant traffic congestion spanning approximately 4 kilometres, though no casualties were reported.

ASEAN Foreign Exchange Reserves Rise Collectively, While Malaysia Declines

Indonesia's foreign exchange reserves increased by US$1.2 billion in August 2026, reversing a previous decline. While most Southeast Asian nations, including Thailand and Singapore, saw upward trends in their reserves, Malaysia was the sole outlier to record a decrease.

Can XRP Investment Make You Wealthy? An Analysis of Ripple's Opportunities and Risks

An analysis of XRP's current market position following its significant price correction and the resolution of its legal dispute with the US SEC. The report explores the potential of the XRP Ledger in the growing Real-World Asset (RWA) tokenisation sector as a long-term value driver.

A Tribute to the 8 Knights Covering Anak Krakatau

A poignant reflection on the bravery of eight journalists and crew members who went missing while attempting to cover the eruption of Mount Anak Krakatau. The article honours their commitment to 'shoe-leather journalism' and the inherent risks taken to provide first-hand reporting from disaster zones.

Sahroni Urges Police and KNKT to Investigate Causes of Virgo Transport 8 Ship Accident: Legal Action if Negligence is Found

Ahmad Sahroni, Vice Chairman of Commission III of the Indonesian House of Representatives, has called for a transparent investigation into the Virgo Transport 8 shipwreck. He urged the National Police and the National Transportation Safety Committee (KNKT) to determine whether the tragedy was caused by weather or technical negligence.

Attending Nasirun Exhibition, Observer Says National Police Chief is Preserving National Culture

Political and legal analyst Boni Hargens has praised National Police Chief General Listyo Sigit Prabowo for attending the opening of Nasirun's contemporary art exhibition. The observer noted that the Police Chief's presence demonstrates a commitment to supporting national cultural preservation and aligns with the Prabowo-Gibran administration's cultural agenda.

Indonesia Incorporated: Leading the Global South Through Business Strength

Teguh Anantawikrama, Vice Chairman of Kadin Indonesia, discusses Indonesia's strategic opportunity to lead the Global South amidst shifting geopolitical dynamics. The article emphasises that Indonesia's strategic independence must be supported by a competitive business sector and stronger economic integration with BRICS nations.

Ministry of Hajj and Umrah Launches Complaint Hotline

The Indonesian Ministry of Hajj and Umrah has established a dedicated hotline and physical complaint centres to combat fraudulent practices within the pilgrimage industry. This initiative aims to protect pilgrims and ensure transparency in a sector involving an estimated turnover of Rp120 trillion.

What is the Philippines’ BARMM regional election and why does it matter

The Philippines is conducting its first parliamentary election in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), marking a critical milestone in a decade-long peace process. The election aims to transition the region from an interim government to an elected self-governing body, following a peace agreement intended to end long-standing separatist conflict.

BRICS Declaration Calls for Restraint Amid Middle East Conflict

The recent BRICS Summit in New Delhi highlighted key diplomatic efforts to manage Middle East tensions and address unilateral sanctions. The summit also served as a platform for China and India to signal potential rapprochement despite ongoing border disputes.

Ahead of World Rabies Day 2026, Governor Koster Strengthens Rabies Control Collaboration in Bali

Bali Governor Wayan Koster has met with the Indonesian Veterinary Medical Association (PDHI) to discuss cross-sector strategies for rabies prevention. The initiative aims to achieve a rabies-free Bali by 2030 through enhanced vaccination, public education, and humane animal population control.

Ubiquitous Used Mobile Phone Waste Poses Danger, XLSmart Launches Solution

XLSmart has launched the 'ByeByeBox' initiative, Indonesia's first E-Waste Reverse Vending Machine, to address the growing environmental threat of electronic waste. Developed in collaboration with Remind, the programme aims to promote circular economy practices and responsible disposal of smartphones and electronic components.

Purbaya Urges Local Governments Not to Keep Excessive Funds in Banks

Finance Minister Purbaya Yudhi Sadewa has advised local governments to reduce the amount of idle cash held in bank accounts to stimulate the economy. He emphasised that accelerating budget execution is essential to ensure that regional funds provide maximum benefits to the public and local economic growth.

23 Residents from One Garut Village Serving as Crew on Virgo Transport Ship, 11 Still Missing

A maritime incident involving the Virgo Transport 8 vessel in the Java Sea has left 23 residents of Garut, West Java, as victims. While one fatality has been confirmed, 11 crew members remain missing, prompting significant concern within their local community.

Banyumas Regional Secretary continues duties following KPK raid on office

The Regional Secretary of Banyumas Regency, Agus Nur Hadie, has confirmed he is continuing his official duties after the Corruption Eradication Commission (KPK) searched his office. The raid is reportedly linked to an investigation into alleged corruption regarding student admissions at Jenderal Soedirman University (Unsoed).

BPK Announces 11 Maluku Cultural Traditions Designated as 2026 National Intangible Cultural Heritage

The Cultural Preservation Office (BPK) for the Maluku Region has announced that 11 cultural traditions from Maluku Province have been officially recognised as part of the 2026 Indonesian Intangible Cultural Heritage. This designation brings the total number of nationally recognised cultural assets in the province to 43.

House Commission II to Examine Proposal for Extension of Village Heads' Terms of Office

The Indonesian House of Representatives' Commission II is reviewing a proposal to extend the terms of village heads to facilitate the transition towards a national simultaneous election system. The proposal, submitted by an association of village heads, aims to ensure administrative stability and cost efficiency ahead of the 2027 term expirations.

Multinational Companies' Strategies Targeting Indonesia 2027

As global supply chains undergo significant relocation, multinational corporations are evaluating whether to expand, deepen, or reassess their presence in Indonesia by 2027. While Indonesia's large domestic market and downstreaming agenda offer immense potential, investors remain cautious regarding geopolitical risks, exchange rate fluctuations, and regional competition.