Indonesian Political, Business & Finance News

Archive: 14 September 2026

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Exports to Thailand Expand Brebes Shallot Market, Coordinating Minister for Food: We are Boosting Production

The Coordinating Minister for Food, Zulkifli Hasan, has announced the expansion of Brebes shallot exports to Thailand following the fulfilment of domestic demand. The government aims to increase production and strengthen seed quality to support both domestic stability and global market competitiveness.

BPH Migas: Collaboration Between Various Parties Resolves Fuel Queues in Makassar

The Head of the Downstream Oil and Gas Regulatory Agency (BPH Migas) has confirmed that collaborative efforts have successfully reduced long queues at petrol stations in Makassar. Measures such as odd-even vehicle restrictions and adjusted operating hours for heavy vehicles have been implemented to ensure smooth traffic flow and fuel availability.

FATF Findings: Online Casinos and Sports Betting Most Vulnerable to Money Laundering

The Financial Action Task Force (FATF) has released a report highlighting that online casinos and sports betting are high-risk sectors for money laundering and terrorist financing. The report emphasises the need for enhanced international cooperation and stricter oversight of digital payment methods to combat evolving financial crimes.

Traffic Congestion in Halim Towards Cawang This Morning Due to Excavation Project

Traffic flow from Halim towards Cawang in East Jakarta experienced significant delays this morning due to ongoing excavation works. The project, involving drainage repairs near the Simpang Cawang bus stop, has also caused delays across several Transjakarta bus routes.

One Body of Virgo Transport 8 Victim Arrives in Banjarmasin, Identified as Male

The body of a male victim from the Virgo Transport 8 shipwreck has been recovered at Trisakti Port, Banjarmasin. Search and rescue operations continue as authorities work to locate the remaining 130 passengers still missing in the Java Sea.

Asian Markets Fall, Oil Prices Surge Ahead of Fed Decision

Asian stock markets declined on Monday due to rising oil prices driven by global supply disruption fears and anticipation of interest rate hikes from the US Federal Reserve and Bank of Japan. Investors are also monitoring geopolitical tensions in the Middle East that threaten key energy shipping routes.

Ministry of Forestry Deploys Expert Team to Investigate Bromo Fires

The Indonesian Ministry of Forestry has formed a specialised team of experts and academics to investigate the causes of recurring fires in the Bromo Tengger Semeru National Park. The investigation aims to identify potential criminal activities and ensure that any legal action taken is supported by scientific evidence.

Latest Deposit Interest Rates for Mandiri, BRI, and BNI as of 14 September 2026

Major Indonesian state-owned banks, including BRI, BNI, and Mandiri, have maintained relatively stable deposit interest rates amidst global economic uncertainty. Despite recent aggressive hikes by Bank Indonesia, these banks are navigating a landscape shaped by fluctuating oil prices and potential US Federal Reserve policy shifts.

Food Coordinator: Exports to Thailand to Expand Brebes Shallot Market

The Coordinating Minister for Food, Zulkifli Hasan, has announced plans to expand the export market for Brebes shallots to Thailand following the fulfilment of domestic demand. The government aims to boost production and secure international markets to ensure better prices and stability for local farmers.

Virgo 8 Ship Capsizes in Java Sea: 6 Dead, Hundreds Missing

The KM Virgo Transport 8 vessel capsised in the Java Sea while en route from Surabaya to Banjarmasin, resulting in six confirmed fatalities. Search and rescue operations are currently underway for approximately 140 passengers who remain missing following the incident.

National Police Chief's Presence at Artists' Exhibition Deemed Aligned with Prabowo-Gibran's Asta Cita

Political and legal analyst Boni Hargens has praised the National Police Chief, General Listyo Sigit Prabowo, for supporting Indonesian arts and culture. This initiative is seen as a way to strengthen national identity and align with the cultural agenda of the Prabowo-Gibran administration.

The Versatility of X-Fire in Combating Forest and Land Fires

The Indonesian National Police (Polri) has introduced X-Fire, an innovative chemical formula designed to extinguish forest and land fires, particularly in peatlands. The technology is being deployed across South Sumatra, Kalimantan, and Riau to suppress hotspots and reduce smoke emissions.

Former MNC Boss Replaces Franky Widjaja as Commissioner of DSSA

PT Dian Swastatika Sentosa Tbk (DSSA), a subsidiary of the Sinar Mas Group, has appointed David Fernando Audy as President Commissioner. He succeeds Franky Oesman Widjaja following a decision made during an Extraordinary General Meeting of Shareholders.

ONERHT Hosts 10th ASEAN Summit, Enters New Phase with Strategic Growth Agenda and New Singapore Headquarters

ONERHT has successfully hosted its 10th ASEAN Summit, focusing on regional strategic autonomy amidst US-China geopolitical tensions. The event marked the launch of the ASEAN Plus Business Alliance (APBA) and the opening of the group's new Singapore headquarters to bolster regional connectivity and professional services.

When the rains arrive late

The city of Surabaya is strengthening its preparedness to face the prolonged effects of El Niño, which is predicted to persist until early 2027. Local authorities are focusing on managing water supplies, mitigating fire risks, and preventing social issues arising from potential water shortages.

Mobile Samsat Services Available at 14 Locations Across Jadetabek on Monday

The Metro Jaya Regional Police have announced the deployment of mobile Samsat units across 14 locations in the Jakarta, Depok, Tangerang, and Bekasi (Jadetabek) areas this Monday. These mobile services aim to assist taxpayers in settling their motor vehicle tax (PKB) obligations conveniently.

Mobile Driver's License Services Available at Five Jakarta Locations on Monday

The Jakarta Metropolitan Police Traffic Directorate has announced the availability of mobile driver's licence (SIM) renewal services across five strategic locations in Jakarta. The service is specifically designed to assist citizens with the renewal of Class A and Class C licences.

Gold Prices for Galeri 24, UBS, Antam, and Antam Retro Today, 14 September 2026

Gold bullion prices at Galeri 24, a subsidiary of Pegadaian, remained stable during trading on Monday, 14 September 2026. The prices for various brands, including Antam and UBS, showed no change compared to the previous trading session.

Purbaya Urges LPEI to Provide Low-Interest Credit for Textile and Steel Industries

Finance Minister Purbaya Yudhi Sadewa has called on the Indonesia Eximbank (LPEI) to offer low-interest financing to domestic industries struggling with global competition. The directive specifically targets sectors such as textiles, footwear, furniture, and steel to ensure their continued survival and growth.

Malaysian National Suspected of Being International Drug Network Supplier, Now Hunted by East Kalimantan Regional Police

The East Kalimantan Regional Police are pursuing a Malaysian national believed to be a primary supplier for an international narcotics network. The manhunt follows a major drug bust in Balikpapan involving nearly 3kg of crystal methamphetamine and approximately 1,900 ecstasy pills.

Update on KM Virgo Transport 8 Evacuation: 6 Dead, 107 Safe, 130 Still Missing

The evacuation efforts following the KM Virgo Transport 8 accident in the Masalembo waters continue, with one deceased victim recently brought to Banjarmasin. To date, 107 passengers have been rescued, while search operations persist for the remaining 130 missing individuals.

Trending News: Virgo Ship Accident and Odd-Even Fuel System Implementation

A roundup of significant news highlights, including the rescue of 107 passengers following the Virgo Transport 8 shipwreck in the Java Sea. Additionally, South Sulawesi has implemented an odd-even system for subsidised fuel at petrol stations.

Xi Jinping: The Palestinian Issue is the Core Problem in the Middle East

During the 18th BRICS Summit in New Delhi, Chinese President Xi Jinping emphasised that the Palestinian issue remains central to achieving peace in the Middle East. He advocated for a two-state solution and called for a permanent ceasefire to address the underlying causes of regional instability.

Wear masks as Jakarta ranks second worst for air quality in the world

Jakarta has been ranked as the second most polluted city globally, with an unhealthy Air Quality Index (AQI) of 170. In response, the Jakarta Provincial Government and BMKG are developing an Early Warning System (EWS) to provide more accurate pollution forecasts and protect vulnerable populations.

Condition of KMP Virgo Survivors: From Trauma to Loss of Consciousness

Sixty-nine survivors of the KMP Virgo Transport 8 incident have been evacuated to Trisakti Port in Banjarmasin, with many suffering from severe trauma and respiratory issues. Emergency medical teams have established a triage system to manage the influx of casualties as search and rescue operations continue in the Java Sea.

Heirs of KM Virgo Victims Confirmed to Receive Rp70 Million from Jasa Raharja

PT Jasa Raharja and PT Asurani Jasaraharja Putera have confirmed a combined compensation package of Rp70 million for the legal heirs of passengers deceased in the KM Virgo Transport 8 incident. The compensation includes statutory benefits and additional coverage under the Carrier's Liability Insurance scheme.

Vice President Gibran's Visit to Orangutans Affected by Forest Fires Appreciated, Concrete Steps for Wildlife Habitat Urged

Vice President Gibran Rakabuming Raka's recent visit to an orangutan rehabilitation centre in Central Kalimantan has received praise for highlighting the impact of forest fires on wildlife. The Borneo Orangutan Survival Foundation (BOSF) is now calling for concrete government action to protect habitats from land conversion and to strengthen fire prevention systems.

Old Review Video of Virgo Transport 8 Ship Goes Viral, Here is its Appearance

An old video reviewing the Virgo Transport 8 vessel has resurfaced on social media following the ship's loss of contact in the Java Sea. The footage provides a detailed look at the ship's facilities, including its passenger classes and amenities, prior to the recent incident.

Mount Semeru Erupts Three Times, Highest Explosion Reaches 1,000 Metres

Mount Semeru, located on the border of Lumajang and Malang regencies, experienced three separate volcanic eruptions within a two-hour period on Monday morning. The highest eruption sent an ash column 1,000 metres above the peak, prompting authorities to maintain a high alert status for nearby residents.

France Defuses US Tension with Apology Over Diplomatic Dispute

France's permanent mission to the UN in Geneva has expressed regret over social media posts that criticised the United States' human rights stance. This diplomatic olive branch is expected to resolve tensions and clear the path for the appointment of France's new ambassador to the US.

Massive Funds from Elon Musk and Trump as Republican Position is Threatened

Donald Trump and Elon Musk are injecting significant capital into the Republican Party to defend against potential losses in the 2026 US midterm elections. With Democrats leading in several polls, the Republican-affiliated PACs are launching extensive advertising campaigns across several key battleground states.

Five Journalists Still Missing, Families Hope SAR Operation Will Be Extended

The search for five journalists and three crew members missing near Mount Anak Krakatau has entered its seventh day. Families of the missing individuals are urging the joint SAR team to extend the humanitarian search operation to cover more areas around the islands.

Large Foreign Net Sell and IHSG Collapse: These 10 Stocks Were Actually Bought Up

Foreign investors recorded a significant net sell of Rp3.36 trillion in the Indonesian stock market between 7-11 September 2026, causing the IHSG to drop by 1.66%. Despite the overall sell-off, several major stocks, particularly in the mining and banking sectors, saw notable foreign accumulation.

Jasa Raharja Prepares Rp 70 Million Compensation for KM Virgo Transport 8 Victims

PT Jasa Raharja and PT Asuransi Jasaraharja Putera have announced a combined compensation package of Rp 70 million for the heirs of passengers killed in the KM Virgo Transport 8 maritime incident. The coverage includes additional protection for medical expenses and physical damage to vehicles transported on the vessel.

Cabinet Secretary: President Prabowo Delivers Three Key Messages for Indonesia at 2026 BRICS Summit

President Prabowo Subianto has outlined Indonesia's strategic priorities during the 2026 BRICS Summit in New Delhi, focusing on national resilience, Global South unity, and global governance reform. The President emphasised that strengthening domestic food, energy, and education is essential for Indonesia to maintain independence amidst global dynamics.

How to check real-time KRL schedules via C-Access and official websites

Commuters can monitor real-time KRL train schedules, positions, and station density using the C-Access application and official KAI Commuter websites. These digital tools are essential for navigating potential operational disruptions and managing travel plans during peak hours.

Survivor's Testimony of Virgo Transport Ship Incident: Woke Up to Find the Vessel Tilting

Six people have been confirmed dead and dozens remain missing after the Virgo Transport 8 vessel lost contact in the Java Sea. Survivors describe a sudden and chaotic incident where the ship began tilting without warning, leaving many passengers trapped in economy cabins.

Regional Deficits and Civil Servant Salary Cuts Prompt DPR to Review HKPD Law

The Indonesian House of Representatives (DPR) is considering a revision to the Law on Financial Relations between the Central Government and Regional Governments (UU HKPD) following reports of severe fiscal pressure in several regions. The review aims to address budget deficits that have led to the cutting of civil servant salaries and to re-evaluate the 30% cap on personnel expenditure.

National Library presents exhibition introducing Nusantara's knowledge heritage

The National Library of the Republic of Indonesia (Perpusnas) has launched an exhibition titled 'Nurturing Memory, Awakening Awareness' to promote Indonesia's cultural and intellectual heritage. The event, held in conjunction with Library Visit Day, aims to engage the younger generation with historical manuscripts and national archives.

Dozens of Bromo Forest Firefighters Suffer from Dizziness and Coughing

Approximately 50 joint personnel tackling forest and land fires in the Mount Bromo area have reported health issues including coughing and dizziness due to smoke exposure and exhaustion. The Malang Police Medical and Health team has been deployed to monitor the personnel and provide necessary medical assistance and supplements.

Landslide Hits Central Aceh: One Dead, 13 Injured

A devastating landslide in Sanehen Village, Central Aceh, has resulted in one fatality and thirteen injuries. The disaster also caused significant damage to local housing and disrupted vital road infrastructure in the region.

PT Jasa Raharja Prepares Compensation for Heirs of Virgo Transport 8 Ship Victims

PT Jasa Raharja and PT Asuransi Jasaraharja Putera are preparing a combined compensation of Rp70 million for the families of deceased passengers following the sinking of the Virgo Transport 8 in the Java Sea. The state-owned enterprise is coordinating with search and rescue teams to ensure all victims receive proper handling and insurance claims are processed.

30kg Rice Social Assistance to be Distributed in September 2026: Who is Eligible?

The Indonesian government has announced the distribution of 30kg of rice to over 33 million families as part of the July-September 2026 food assistance programme. The aid targets the bottom 40 per cent of the population based on the latest national socio-economic data.

Survivor Recounts Moments Virgo Ship Capsized: No Alarms Sounded

A survivor of the Virgo Transport 8 shipwreck has revealed that no warning alarms were activated as the vessel began to tilt. The passenger reported a lack of communication from crew members during the rapid onset of the disaster.

Air Force Military Police Detain Four Seniors Following Death of Sergeant Ahmad

The Indonesian Air Force Military Police (Puspom AU) have detained four personnel following the death of Sergeant Ahmad Muzammul Farisa due to alleged physical abuse. The incident reportedly occurred at a military barracks in Magetan, East Java, allegedly triggered by a dispute over a food order.

Timeline of Virgo Transport 8 Ship: From Loss of Contact to Capsizing in the Java Sea

The Virgo Transport 8 vessel, travelling from Surabaya to Banjarmasin, capsized in the Java Sea following severe weather conditions. While 107 passengers have been successfully rescued, six fatalities have been confirmed, and search operations continue.

iPhone 18 Pro officially released, when will it be available in Indonesia?

Apple has officially unveiled the iPhone 18 Pro and iPhone 18 Pro Max, featuring significant hardware upgrades such as the A20 Pro chip and advanced camera technology. While global sales are set to begin in mid-September 2026, an official release date for the Indonesian market has yet to be confirmed.

Homes as Business Premises: MSMEs Can Apply for Credit

The Indonesian government is promoting the Housing Program Credit (KPP) to allow MSMEs to utilise residential properties as business premises. Through schemes like KPP Demand, individual entrepreneurs can access financing of up to Rp500 million to support business productivity and family income.

2,242 Participants from 37 Provinces to Compete in 2026 National MTQ

The 31st National Musabaqah Tilawatil Qur’an (MTQ) has officially commenced in Semarang, featuring over 2,000 participants across various Quranic disciplines. The event, organised by the Ministry of Religious Affairs, aims to foster Quranic values and includes economic initiatives such as MSME bazaars.

Basarnas Deploys KN SAR Kamajaya to Search for KMP Virgo Transport 8

The National Search and Rescue Agency (Basarnas) has deployed the KN SAR Kamajaya vessel to conduct search and rescue operations in the Java Sea following the loss of contact with KMP Virgo Transport 8. The ferry, which was travelling from Surabaya to Banjarmasin, is suspected to have encountered severe weather.