Indonesian Political, Business & Finance News

Archive: 14 September 2026

Showing 1,201-1,250 of 1,551 articles

Pramono to Proceed with Manggarai-Dukuh Atas LRT Construction, Budget Set at Rp 600 Billion

Jakarta Governor Pramono Anung has announced that the expansion of the Jakarta LRT from Manggarai to Dukuh Atas is set to commence with an allocated budget of over Rp 600 billion. The project aims to enhance urban connectivity as the Velodrome-Manggarai route nears its official inauguration.

Philippine Seven Corporation Selects RELEX to Enhance Forecasting Accuracy

Philippine Seven Corporation (PSC), the operator of 7-Eleven in the Philippines, has adopted RELEX Solutions' forecasting and replenishment technology. The implementation aims to transform supply chain planning across 27 distribution centres by replacing manual spreadsheet processes with automated, data-driven solutions.

Ministry of Manpower: 81,171 active job vacancies still available on Karirhub

The Indonesian Ministry of Manpower has announced that over 81,000 job vacancies remain active across more than 32,000 companies via the Karirhub platform. Officials have also advised job seekers to be wary of recruitment scams and to utilise government vocational training centres to enhance their skills.

Trump Urges Zelensky to Cease Attacks on Russian Fuel Infrastructure

US President Donald Trump has called on Ukrainian President Volodymyr Zelensky to stop targeting Russian diesel infrastructure to prevent a global supply shortage. The move comes amid rising diesel prices in the US and ongoing drone strikes on Russian refineries by Ukraine.

Fact Check: Did Anak Krakatau Ash Really Reach Jakarta?

A fact-check investigation has debunked viral social media content claiming that volcanic ash from the recent Mount Anak Krakatau eruption reached Jakarta. The investigation revealed that the images actually depicted an underground power line fire in Central Jakarta and a decade-old eruption from Mount Kelud in Yogyakarta.

Purbaya Provides Evidence of Foreign Influx into Indonesia, Reaching Hundreds of Trillions

Finance Minister Purbaya Yudhi Sadewa has highlighted growing investor confidence in Indonesia, evidenced by significant capital inflows. The surge in foreign investment has contributed to the strengthening of the Rupiah and the Jakarta Composite Index (IHSG).

Seventh Day of Search for Missing Journalists, SAR Team Scours Seven Areas

Search and rescue operations continue for eight individuals, including five journalists, who went missing in the Sunda Strait while covering the eruption of Mount Anak Krakatau. The joint SAR team has expanded the search across seven different sectors involving sea, air, and land assets.

Observer: Wildlife protection during forest fires needs stronger regulation

Public policy expert Trubus Rahadiansyah has called for more robust regulations to protect wildlife during forest and land fires. He suggests that Vice President Gibran Rakabuming Raka should use his recent visits to rehabilitation centres to establish clear standard operating procedures and inter-agency responsibilities for emergency wildlife rescue.

Checking the List of 7 IDX-Listed Companies with Data Centre Businesses: From DCII to EDGE

The Indonesian data centre industry is poised for significant growth, with capacity expected to reach 3.5 GW by 2030 driven by AI and cloud computing demands. This report identifies seven publicly traded companies on the Indonesia Stock Exchange (IDX) that are actively expanding their presence in the data centre sector.

BYAN Share Price Plummets 35.02%, Market Cap Drops by Rp374.17 Trillion

Shares of PT Bayan Resources Tbk (BYAN) have experienced a significant decline, with the company's market capitalisation shrinking by approximately 35.02% from its recent peak. The downturn follows market rumours regarding a potential acquisition of the coal giant by prominent businessman Andi Syamsuddin Arsyad.

Dede Yusuf Receives Birthday Wishes During Meeting with Minister of Home Affairs

During a working meeting of Commission II of the Indonesian House of Representatives (DPR RI), the Minister of Home Affairs, Tito Karnavian, extended birthday wishes to Deputy Chairman Dede Yusuf. The session focused on discussing 15 bills regarding regencies and cities and the formation of a working committee.

Tina Wiryawati Urges Gerindra Cadres to Engage Directly with the Community

Tina Wiryawati, a West Java Regional House of Representatives (DPRD) member from the Gerindra faction, has called on Laskar Gerindra members to move beyond ceremonial activities and focus on real community service. She emphasised the importance of monitoring government programmes and addressing grassroots issues, such as fertiliser distribution and cooperative development.

Preschool to Junior High Schools in Makassar Switch to Online Learning Due to Fuel Queues; Civil Servants to Work From Home

The Makassar City Government has implemented online learning for students from preschool to junior high school levels to mitigate traffic congestion caused by long fuel queues. Additionally, civil servants in the region will work from home for two days to reduce non-essential mobility during the fuel shortage.

Alert! Air Quality in Palembang Unhealthy Due to Forest Fires; BMKG Urges Residents to Wear Masks

The Meteorology, Climatology, and Geophysics Agency (BMKG) has warned that air quality in Palembang has reached unhealthy levels due to ongoing forest and land fires in South Sumatra. In response to the rising haze and respiratory risks, the Palembang City Government has implemented online learning for students from preschool to junior high school.

OPM Kills Civil Servant, Jusuf Kalla: Security Operations and Peaceful Conflict Resolution Needed

Former Vice President Jusuf Kalla has called for a dual approach of security operations and community engagement following a fatal shooting by the Armed Criminal Group (KKB) in Papua. He emphasised that while security forces must act to protect citizens, a peaceful dialogue approach, similar to the resolution in Aceh, is essential to address the complex roots of the conflict.

KN SAR Kamajaya Deployed to Search for 129 Victims of Sinking Virgo Ship

Basarnas Makassar has deployed the KN SAR Kamajaya vessel and joint personnel to intensify search and rescue operations following the sinking of KMP Virgo Transport 8 in the Java Sea. While 114 individuals have been located so far, including 108 survivors, the search continues for the remaining passengers and crew.

Chung Ho-yong, Key Figure in Gwangju Coup and Suppression, Passes Away

Former South Korean Defence Minister Chung Ho-yong has died at the age of 94, marking the end of an era for the 'new military' group. His death removes the final opportunity to hold a key architect of the 1980 Gwangju suppression directly accountable for his actions.

Basarnas deploys Kopaska and BSG to search for 129 victims of Virgo Ship sinking

Basarnas has deployed elite Indonesian Navy Frogmen (Kopaska) and the Basarnas Special Group (BSG) to conduct underwater search operations for 129 missing victims of the Virgo Transport 8 shipwreck. The operation utilises the advanced KRI Canopus, though heavy currents are currently delaying the deployment of divers.

A Source of Pride! Indonesia Becomes a Global Leader in Marine Wild-Capture Fisheries

Indonesia has secured its position as the world's second-largest producer of marine wild-capture fisheries, contributing 9.1% to global production. The tuna sector, in particular, serves as a vital economic pillar, with exports of tuna, skipjack, and bonito reaching US$1.03 billion in 2024.

Oman Postpones Regional Meeting to Discuss New Maritime Routes in Strait of Hormuz

The Omani government has postponed a regional summit in Salalah intended to establish new maritime routes through the strategic Strait of Hormuz. The delay comes amid heightened geopolitical tensions, including Bahrain's refusal to attend due to strained diplomatic relations with Iran.

Malang Police Medical Team Assists Forest Firefighters Suffering from Exhaustion and Injuries

The medical team from the Malang Regency Police has been deployed to provide healthcare support to personnel battling forest and land fires in the Bromo Tengger Semeru National Park. The team is providing medical examinations, treatment for minor injuries, and protective masks to mitigate the effects of smoke inhalation.

CGTN: BRICS Opens New Opportunities for Global South Development

An analysis of how China's four global initiatives are integrating with BRICS cooperation to foster inclusive development across the Global South. The report highlights significant progress in areas such as renewable energy, food security through a proposed grain exchange, and the establishment of equitable global AI governance.

KAPMI Urges Revision of KADIN Law for Modern Trade and Industry

The Indonesian Young Entrepreneurs Chamber (KAPMI) has expressed full support for revising the 1987 Law on Chambers of Commerce and Industry (UU KADIN). The organisation argues that the current regulation is outdated and fails to address modern economic challenges such as Artificial Intelligence, e-commerce, and the green economy.

Bogor Regency Government Accelerates Galuga Landfill Fire Suppression Using Thermal Drones to Monitor Hotspots

The Bogor Regency Government is intensifying efforts to extinguish a fire at the Galuga landfill using thermal drones to detect underground hotspots. The administration aims to fully suppress the fire before the scheduled groundbreaking for new waste-to-energy and pyrolysis facilities.

BNI Private Named Best Private Bank in Indonesia 2026 - BCA Sekuritas

PT Bank Negara Indonesia (Persero) Tbk has been awarded 'The Best Private Bank in Indonesia' at the 2026 Asset Triple A Private Capital Awards. The achievement highlights BNI's significant growth in wealth management, including a 51% year-on-year increase in customer savings and substantial growth in assets under management.

Unseaworthy Second-hand Ship Sinks in Java Sea, 666 Dead

A historical retrospective on the tragic sinking of the Tampomas II in the Java Sea, which resulted in 666 fatalities. The disaster was caused by a combination of engine room fires, overcrowding with undocumented passengers, and allegations of corruption regarding the ship's initial purchase.

Purbaya: State Budget Deficit at 0.9% of GDP as of End of August 2026

Finance Minister Purbaya Yudhi Sadewa has confirmed that the state budget deficit remains stable at approximately 0.9% of GDP as of late August 2026. The figure shows consistency with the July 2026 deficit level of 0.91% of GDP, indicating controlled fiscal management.

After 14 Years as a BRI Micro-Lending Officer, Dewi Helps Free Villagers from Loan Shark Traps

Dewi Natalia, a dedicated micro-lending officer (Mantri) at Bank Rakyat Indonesia (BRI), has spent 14 years empowering local traders by providing access to formal banking. Her efforts have successfully transitioned many small business owners from predatory moneylenders to secure micro-financing solutions.

Registration Open for Kelapa Gading-Manggarai LRT Trial Run; Here Is How to Apply

Registration for the trial operation of the Jakarta LRT on the Kelapa Gading-Manggarai route is now officially open via the LRTJ Apps and a dedicated web portal. The trial run allows the public to experience the service ahead of full operational implementation, subject to specific terms and conditions.

Prices of Rice, Eggs, and Chicken Decrease Simultaneously; Check Other Commodity Lists

Recent data from the National Strategic Food Price Information Centre (PIHPS) shows a widespread decline in the prices of several essential commodities in Indonesia. Notable decreases were observed in rice, poultry, beef, and various vegetables, although some items like red curly chillies and bulk cooking oil saw price increases.

Accelerated Discussion of Oil and Gas Bill: Bahlil Responds

The Minister of Energy and Mineral Resources, Bahlil Lahadalia, has addressed the sudden acceleration of the Oil and Gas Bill revision by the House of Representatives (DPR RI). The discussion focuses on implementing Constitutional Court rulings and the potential formation of a Special Business Entity (BUK Migas) for the sector.

New Format: Ministry of Home Affairs Coordination Meeting Now Focuses on Boosting Regional Economies

The Indonesian Ministry of Home Affairs has introduced a new format for its regional inflation control coordination meetings, expanding the agenda to include the monitoring of regional economic growth. Minister Tito Karnavian emphasised that driving high economic growth is essential for Indonesia to escape the middle-income trap and achieve its 'Golden Indonesia' vision.

Captain's Testimony: Virgo Ship Tilted After Being Hit by Waves on Right Hull

Basarnas has revealed that the Virgo Transport 8 vessel tilted and capsized in the Java Sea after being struck by heavy waves. While 108 people have been rescued, search operations continue for 129 passengers still missing, following the confirmed deaths of six individuals.

KN SAR Kamajaya Deployed to Support Search for KMP Virgo Victims

The Makassar Class A Search and Rescue Office (Basarnas) has deployed the KN SAR Kamajaya vessel and a joint team of 35 personnel to assist in the search for victims of the KMP Virgo Transport 8 sinking. The vessel departed from Makassar Port to the Java Sea to bolster operations following reports of the ferry's disappearance due to severe weather.

J&T Express Promotes Environmental and Social Impact, Transforming Courier Uniforms into New Products

J&T Express has launched the J&T Express Sustainability Impact Program (J&T SIP) to repurpose old courier uniforms into functional merchandise. The initiative, conducted in partnership with Liberty Society, aims to reduce textile waste and support economic empowerment for women in marginalised communities.

SAR Operation for 8 Missing in Sunda Strait Enters Seventh Day, Basarnas Evaluates Extension

Basarnas is currently evaluating whether to extend the search and rescue operation for eight individuals, including five journalists, who went missing in the Sunda Strait. The decision depends on whether new evidence, such as personal belongings or eyewitness reports, emerges during the seventh day of the search.

Road Parallel to Pasar Minggu Railway Tracks Targeted for Completion by 2027, Land Acquisition at 70%

Jakarta Governor Pramono Anung has inspected the progress of the road construction parallel to the Pasar Minggu railway tracks, which is slated for completion in 2027. With 70% of land acquisition already finalised, the project aims to alleviate significant traffic congestion in the South Jakarta area.

Riyanda Survives Sinking of Virgo Ship Thanks to a Single Sheet of Plywood

A passenger of the Virgo Transport 8 vessel survived the sinking in the Java Sea by clinging to a piece of plywood. While 70 people were rescued by the MV Haida, four individuals remain missing following the maritime accident.

Fadli: Majapahit Museum expected to become a showcase for Nusantara civilisation

The Indonesian Ministry of Culture has officially commenced the revitalisation of the Majapahit Museum in Trowulan, East Java. Minister Fadli Zon aims to transform the museum into a sustainable cultural economic driver and a global icon of Nusantara's grand civilisation.

Energy Transition and the Test of Indonesia's Technological Sovereignty

An editorial analysis of Indonesia's transition to B50 biodiesel and the broader energy shift, highlighting the need for technological independence. The author argues that relying solely on raw materials is insufficient and that Indonesia must develop domestic manufacturing capabilities and engineering expertise to avoid new forms of import dependency.

IDX and Rupiah Both Weaken as Markets Await Fed Policy Direction

The Indonesia Composite Index (IHSG) and the Rupiah have both experienced declines as investors adopt a wait-and-see approach ahead of the US Federal Reserve's interest rate decision. Market sentiment is further pressured by global inflation concerns and geopolitical uncertainties in the Persian Gulf.

South Kalimantan Governor Calls for Safety Review After Virgo Transport 8 Sinking

South Kalimantan Governor Muhidin has demanded a comprehensive safety evaluation of maritime transport following the sinking of KM Virgo Transport 8 in the Java Sea. The incident, which occurred during bad weather, has resulted in confirmed fatalities and prompted a large-scale search and rescue operation involving Basarnas, the TNI, and the Polri.

Survivor Recounts Terrifying Moments on Virgo Ship: No Warning Before Struggle for Life Jackets

A survivor of the Virgo Transport 8 capsizing in the Java Sea has described the chaos and lack of warning during the incident. The maritime disaster has resulted in 107 survivors and six confirmed fatalities, with search operations ongoing for 130 missing persons.

BSI targets 2,000 auctions through GREAT programme to improve asset quality

PT Bank Syariah Indonesia (BSI) has announced its 'GREAT' programme for 2026, aiming to conduct 2,000 auctions to recover assets and enhance financing quality. The initiative involves collaboration with various government agencies to offer diverse properties such as houses, land, and warehouses through a transparent process.

Basarnas Divides Search for KM Virgo Transport 8 into 6 Sectors, Involving Indonesian Navy Divers

The National Search and Rescue Agency (Basarnas) has refined its search operations for the KM Virgo Transport 8 accident in the Java Sea by narrowing the search area from eight to six sectors. The operation now involves specialised underwater teams from the Basarnas Special Group and the Indonesian Navy, including Kopaska divers and maritime drones.

PLN Ketapang acts swiftly to restore power network affected by forest fires

PT PLN (Persero) UP3 Ketapang has deployed teams to secure and repair electrical infrastructure following recent forest and land fires in West Kalimantan. The company is conducting intensive monitoring of medium voltage networks to prevent disruptions caused by heat and smoke.

Ministry of Social Affairs: National 'Care for Neighbours' Movement to Improve Social Assistance Data Accuracy

The Indonesian Ministry of Social Affairs has launched a digital-based 'National Care for Neighbours' movement to refine the accuracy of social assistance recipient data. The initiative aims to eliminate inclusion and exclusion errors by allowing citizens to propose or contest recipient eligibility through an integrated digital system.

Strict Regulations Needed for Forest Fire Impacts; Observers Appreciate Vice President Gibran's Steps

An academic from Trisakti University has called for stronger government mechanisms to protect wildlife during forest and land fires, particularly during force majeure events. While praising Vice President Gibran Rakabuming Raka's direct monitoring of wildlife health, the expert emphasises the need for clearer technical regulations and authority distribution.

Pre-trial Ruling for Roy Suryo to be Delivered Tomorrow

The South Jakarta District Court is set to announce its verdict regarding the pre-trial claim for compensation filed by Roy Suryo. The case follows a previous dismissal due to a formal defect involving the failure to include the Minister of Finance as a party to the lawsuit.

Activists Value Vice President's Visit to BOSF as Crucial for Government to Witness Direct Impact of Forest Fires

The visit of Vice President Gibran Rakabuming Raka to the Borneo Orangutan Survival Foundation (BOSF) in Central Kalimantan has been praised by activists for highlighting the direct impact of forest and land fires on wildlife. The CEO of BOSF emphasised the need for more systematic government policies, including improved early warning systems and disaster budget support, to protect endangered species and their habitats.