Indonesian Political, Business & Finance News

Archive: 14 September 2026

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Prabowo's Speech at BRICS Summit: Indonesia Faces Extreme Weather and Active Volcanoes

President Prabowo Subianto addressed the BRICS Summit in New Delhi, highlighting Indonesia's geographical vulnerabilities such as volcanic activity and rising sea levels. He emphasised the potential to transform these challenges into opportunities for a 'green century' through the sustainable use of critical minerals and renewable resources.

Search for 129 Virgo Ship Victims: Basarnas Deploys 22 Sea and Air Vessels

The National Search and Rescue Agency (Basarnas) has intensified operations to locate 129 missing passengers following the Virgo Transport 8 shipwreck in the Masalembo waters. A massive deployment of 22 sea and air vessels involving the Navy, Police, and BNPB is currently underway to scan the Java Sea.

Harfest Paves the Way for Gorontalo to Become a Creative Economy Hub, BI: A Space for Creative Economy Potential to Grow

The Hulonthalo Art & Craft Festival (Harfest) 2026, initiated by Bank Indonesia Gorontalo, aims to establish the region as a national creative economy hub. The event focuses on fostering collaboration between the government, investors, and SMEs to expand market access and investment opportunities.

Academics Urge Central Government to Lead Wildlife Management During Disasters

An academic from Trisakti University has called for a centralised command structure to manage wildlife protection during large-scale disasters such as forest fires. He suggests that the central government must establish specific rescue mechanisms to move animals to safety when habitats are threatened by force majeure events.

Trump Claims US Could Control Iranian Oil Similar to Venezuela

US President Donald Trump has suggested that the United States could maintain a presence in Iran to control its oil reserves, drawing parallels to recent US actions in Venezuela. This statement comes amid heightened Middle East tensions that have pushed global oil prices above US$100 per barrel.

People's School to be Built in East Flores, 9-Hectare Site Prepared

The central government plans to establish a 'Sekolah Rakyat' (People's School) in Aransina Village, East Flores, occupying approximately 9 hectares of land. This boarding school programme aims to provide free education, including meals and supplies, for children from impoverished and extremely poor families.

Producer of 'Sang Pengadil' Film Faces First Trial in Zarof Ricar Money Laundering Case

Executive producer Agung Winarno has appeared in court for the first hearing regarding alleged money laundering linked to the bribery case of Zarof Ricar. Investigators claim Agung was used to hide assets, including land certificates and cash, which are suspected to be proceeds from corruption.

MDI Ventures Receives Award at ICSS 2026 for Strengthening Cybersecurity Ecosystem

MDI Ventures has been recognised at the ICSS 2026 for its strategic investment in CYFIRMA, a global cybersecurity firm. This move aims to bolster digital resilience in Indonesia amidst a significant rise in cyber attack anomalies recorded by the National Cyber and Crypto Agency (BSSN).

Daughter of Newspaper Vendors Graduates with Honours at UPN Yogyakarta

Dhea Ayu Nur'ani, the daughter of newspaper vendors in Yogyakarta, has graduated from UPN Veteran Yogyakarta with an impressive GPA of 3.96. Her academic success serves as an inspiring testament to overcoming economic hardship through perseverance and hard work.

Basarnas to Evaluate Extension of SAR Operations in Sunda Strait

The National Search and Rescue Agency (Basarnas) is set to evaluate whether to extend search operations for eight individuals missing in the Sunda Strait. The decision will depend on findings from the seventh day of the search, including any new evidence or sightings of debris.

Mantax Otax Goes Viral: Indonesian-Made Malware Breaches Bank Accounts via Android Phones

Cybersecurity researchers have identified a dangerous new Android malware, known as Mantax Otax, linked to Indonesian threat actors. The malware combines spyware and ransomware capabilities to steal sensitive data, including WhatsApp messages, and holds files hostage for ransom.

Basarnas: 22 Sea and Air Vessels Deployed to Search for 129 Victims of Virgo Ship Accident

Basarnas has deployed 22 search and rescue vessels, including 17 sea and five air units, to locate 129 missing passengers following the Virgo Transport 8 accident. The operation, involving the Navy and Police, continues as authorities intensify efforts in the Java Sea.

Tanjung Emas Port Pushed to Upgrade Status as Primary Export-Import Gateway

Stakeholders are calling for the expansion of Tanjung Emas Port in Semarang to support the growing logistics and industrial needs of Central Java. The initiative aims to prevent businesses from diverting their logistics activities to other major ports like Tanjung Priok or Tanjung Perak.

Muhammadiyah's Tanwir and 114th Anniversary to Carry 'Uniting the Nation Together' Theme

The Muhammadiyah Central Leadership has announced that the upcoming Tanwir and 114th Anniversary in Palu will focus on national unity under the principle of Bhinneka Tunggal Ika. The event aims to formulate the organisation's strategic programmes for the next 25 years amidst evolving social and political dynamics.

Transport Minister: 114 Victims of Virgo Ship Accident Successfully Evacuated by SAR Team

The Minister of Transportation, Dudy Purwagandhi, confirmed that 114 individuals have been rescued following the accident of the Virgo Transport 8 vessel in the Masalembo waters. While 108 survivors have been identified, six fatalities have been confirmed, and search operations continue for the remaining 129 passengers.

Good News for Indonesian Livestock Farmers: Prepare for an Influx of Feed Maize

Perum Bulog has purchased approximately 159,300 tonnes of maize through cooperatives to support the 2026 Food Supply and Price Stabilisation (SPHP) programme. The government has also announced an additional 150,000 tonnes of feed maize distribution to assist small and medium-sized farmers, particularly to mitigate potential production drops caused by drought.

Brantas Abipraya committed to strengthening organisational governance

State-owned enterprise PT Brantas Abipraya (Persero) has reaffirmed its commitment to enhancing Governance, Risk Management, and Compliance (GRC) across its entire organisation. The company aims to integrate GRC into its core business processes to ensure sustainable growth and prudent decision-making.

After Social Forestry Decrees, What Comes Next?

Dr Soni Trison, Head of the Forest Management Department at IPB, argues that providing legal access to forests through decrees is insufficient for long-term prosperity. He emphasises the need to shift focus from merely distributing land to building community capacity, social capital, and professional institutional management.

Total 114 Victims of Virgo Ship Accident Evacuated, Transport Minister: 108 Safe, 6 Deceased

The Minister of Transportation, Dudy Purwagandhi, confirmed that 114 individuals have been evacuated following the Virgo Transport 8 shipwreck in the Masalembo waters. While 108 people have been rescued, six fatalities have been confirmed, and search operations continue for the remaining missing passengers.

Bekasi City Government Holds Joint Prayer for Fallen Civil Servants and Missing Journalists

The Bekasi City Government held a memorial prayer service to honour three civil servants from Jayawijaya Regency who died in the line of duty and to pray for the safety of five journalists currently missing in the Sunda Strait. Mayor Tri Adhianto Tjahyono called for community solidarity and expressed hope for the success of the ongoing SAR search operations.

SMF Management Reshuffled, Purbaya Appoints Budi Susanto as President Director

The Indonesian Ministry of Finance has announced a restructuring of the Board of Directors at PT Sarana Multigriya Finansial (Persero), also known as SMF. Budi Susanto has been appointed as the new President Director, replacing the interim leadership.

Day 7 of Search: SAR Team Focuses on Area Where Life Jacket Was Found

The joint Search and Rescue (SAR) team has expanded its search area to 6,649 nautical miles following the disappearance of a group of journalists in the Sunda Strait. Operations are currently concentrated on regions where debris, including a life jacket, has previously been recovered.

Indonesian Navy Deploys 5 Warships and Aircraft to Search for Victims of Virgo Ship Capsizing in Banjarmasin

The Indonesian Navy has deployed several warships and aircraft to conduct search and rescue operations following the capsizing of the Virgo Transport 8 in the Java Sea. So far, 113 individuals have been evacuated, with 107 survivors and 6 confirmed fatalities reported.

Israel Outraged, Threatens to Revoke Citizenship of Two Producers Who Exposed Gaza Killings Using AI

Israeli Culture Minister Miki Zohar has threatened to strip the citizenship of filmmakers Yuval Abraham and Rachel Szor following the release of their documentary 'NAZA'. The film, which utilised AI to highlight alleged civilian killings in Gaza, has drawn intense condemnation from high-ranking Israeli officials.

Lake Sipin Shines Again: Leni Weaves Hope Alongside Ultra Micro Holding

Leni, a former national rowing athlete, has transformed her life and her local environment by establishing the Dayung Habibah Waste Bank at Lake Sipin, Jambi. Her initiative focuses on waste management and community empowerment, supported by the Ultra Micro Holding framework.

Emergency response for Sade Traditional Village fire handling extended

The Central Lombok Regional Disaster Management Agency (BPBD) has extended the emergency response status for the Sade Traditional Village fire until 19 September 2026. The extension aims to support the reconstruction of essential facilities, including a mosque and museum, to restore local livelihoods and tourism.

Bogor Regency Government Constructs Emergency Reservoirs to Extinguish Galuga Landfill Fire

The Bogor Regency Government has implemented emergency measures by constructing makeshift reservoirs at the Galuga Landfill to combat ongoing fires. These reservoirs are designed to provide accessible water sources in areas where fire engines cannot reach due to difficult terrain.

IAWP 2026: Bali Prepares to Welcome Delegates from 75 Nations

The Bali Regional Police are intensifying preparations to secure the 2026 International Association of Women Police (IAWP) conference. The global forum is expected to host delegates from approximately 75 countries to discuss inclusive policing and female leadership.

Update on Virgo Transport Ship Victims: 6 Dead, 129 Still Missing

The Virgo Transport 8 vessel capsised and sank in the Java Sea due to severe weather while travelling from Surabaya to Banjarmasin. While 114 individuals have been evacuated, including 108 survivors and 6 confirmed fatalities, search operations continue for the remaining 129 passengers and crew.

Decisive Action: Governor Koster Directly Leads Demolition of Illegal Luxury Villa in Buleleng Protected Forest

Bali Governor Wayan Koster personally supervised the demolition of an unauthorised luxury villa built within the Pejarakan Village social forestry area in Buleleng. The development was found to be operating without essential permits and violating land-use regulations, prompting a crackdown on illegal land conversion.

Medical Scientists Use AI to Discover New Antibiotics, Here is the Story

Researchers from MIT and Harvard have successfully utilised transparent deep learning models to identify new classes of antibiotics capable of combating MRSA. This breakthrough demonstrates how AI can move beyond 'black box' predictions to help scientists understand the chemical mechanisms behind effective drug discovery.

Antam Gold Prices Drop, Here is the Movement Projection

Antam gold prices in Jakarta experienced a slight decrease of Rp2,000 per gram on Monday morning. The buyback price also saw a decline, settling at Rp2,452,000 per gram.

Bogor Regency uses thermal drones to detect embers at Galuga Landfill

The Bogor Regency Government is deploying 'Mata Garuda' thermal drones to monitor and manage underground embers at the Galuga Landfill fire. The technology allows authorities to map temperature changes and prioritise firefighting efforts in high-risk areas.

PTPN Group and PT KUAB Develop National Soybean Ecosystem

The PTPN Group and PT Karya Unggulan Anak Bangsa (KUAB) have signed a Memorandum of Understanding to develop a national soybean ecosystem, focusing on seed development and cultivation. The initiative aims to achieve national soybean self-sufficiency within three to four years by utilising approximately 4,800 hectares of land.

Indonesia exports Brebes shallots to Thailand following supply surplus

Indonesia has begun exporting shallots from the Brebes region to Thailand, leveraging a domestic production surplus. The government is actively working to expand international markets to Vietnam, Malaysia, and Singapore while ensuring domestic price stability and supporting the Free Nutritious Meals programme.

Economist states BRICS membership will strengthen national economy

An economist from Mulawarman University suggests that Indonesia's membership in BRICS offers significant opportunities for market expansion and alternative financing. The move could reduce reliance on traditional markets like the US and Europe while providing access to the New Development Bank for infrastructure projects.

BULOG Prepared to Distribute Additional 150,000 Tonnes of SPHP Maize until End of 2026

Perum BULOG is set to distribute an additional 150,000 tonnes of maize under the Food Supply and Price Stabilisation (SPHP) programme to support livestock farmers. This initiative aims to mitigate the impact of potential production declines caused by dry season conditions and ensure affordable feed costs.

South Jakarta Administration Plants Pink Tabebuya Trees in Casuarina Park for Greening Initiative

The South Jakarta Parks and Urban Forestry Sub-department has planted ten pink tabebuya trees in Casuarine Park as part of a continuous urban greening effort. The initiative aims to improve air quality, reduce pollution, and enhance the city's aesthetic appeal during the prolonged dry season.

Citizens Discover Rice Social Assistance Levies, Here Is How to Report Them!

The National Food Agency (Bapanas) has issued a stern warning against illegal levies during the distribution of the government's rice social assistance programme. The agency has established a whistleblowing system and hotline for citizens to report any unauthorised deductions or irregularities in the delivery of aid.

Adorable but Threatened: Camera Traps Capture Dozens of Photos of Rare Wildlife

Advanced camera trap technology has successfully documented dozens of images of endangered small mammal species in their natural habitats. This visual evidence provides crucial data for researchers to analyse population activity and develop more effective conservation strategies against habitat loss.

JCI Falls as Investors Await US Fed Rate Decision

The Jakarta Composite Index (JCI) declined on Monday morning as investors adopted a cautious stance ahead of the US Federal Reserve's upcoming interest rate decision. Market sentiment is further pressured by concerns over global inflation, geopolitical risks in the Persian Gulf, and potential domestic challenges regarding Indonesian tax revenue targets and rupiah stability.

Transport Minister: SAR Team Successfully Evacuates 114 Victims of Virgo Ship Accident, 6 Dead

The Indonesian Minister of Transportation has confirmed that search and rescue teams have located 114 individuals following the Virgo Transport 8 shipwreck in the Masalembo waters. Of those found, 108 have survived while six fatalities have been confirmed, with search operations continuing for the remaining passengers.

Deputy Chair of MPR Budget Committee Discusses Youth and Indonesia's Relay of Struggle

Johan Rosihan, Deputy Chair of the MPR Budget Committee, has called on the younger generation to actively participate in nation-building rather than remaining mere spectators. He emphasised that while challenges have evolved since the independence era, the responsibility to improve the nation remains a continuous relay between generations.

Indonesian Issuer Plans Massive Rights Issue to Raise Rp27.10 Trillion

PT Fortune Indonesia Tbk (FORU) has announced a significant rights issue aimed at raising approximately Rp27.10 trillion. The funds are intended for an in-kind capital contribution to acquire shares in PT Borneo Prima Coal and to provide loans for mining operational activities.

Ensuring global inclusivity is more than just jargon

Amidst rising geopolitical conflicts and climate change, Indonesia is advocating for stronger cooperation within the Global South. President Prabowo Subianto emphasises the potential of the BRICS forum to enhance logistics connectivity and supply chain integration for developing nations.

Amazon Officially Halts Cooperation with 21 Air Following Cargo Plane Crash in Miami

Amazon has announced the temporary suspension of all operational activities with 21 Air LLC following a fatal cargo plane crash in Miami. The incident, involving a Boeing 767, resulted in five fatalities on the ground after the aircraft overran the runway.

BNPB: One dead and 13 injured due to landslides in Aceh

Heavy rainfall has triggered devastating landslides in Central Aceh Regency, resulting in one fatality and thirteen injuries. The disaster has caused significant damage to residential properties and blocked several key national, provincial, and district roads.

Strengthening Commercial Strategy, PGN Wins Best CMO Award 2026

PGN's Commercial Director, Aldiansyah Idham, has been recognised with the Best Chief Marketing Officer 2026 award in the Oil and Gas category. The award highlights the company's successful strategy in expanding natural gas distribution through infrastructure development and innovative 'beyond pipeline' solutions.

PDIP Dismisses Surabaya Member Following Visit to Jokowi

The PDI Perjuangan central leadership has officially expelled Achmad Hidayat, a former official from Surabaya, following his visit to the residence of Indonesia's 7th President, Joko Widodo. The party cited serious disciplinary breaches, including the misuse of authority and political manoeuvres aimed at rehabilitating Jokowi's status within the party.

Bareksa Analyst Team Stock Recommendations Today: TAPG, IMPC & AMMN, IHSG Potential to Rebound

Bareksa analysts have identified TAPG, IMPC, and AMMN as suitable stocks for short-term trading, predicting a potential rebound for the Jakarta Composite Index (IHSG). The analysis considers global market trends, including US inflation data and potential Fed interest rate adjustments, alongside local macroeconomic developments.