Indonesian Political, Business & Finance News

Archive: 1 September 2026

Showing 151-200 of 1,567 articles

US releases details of oil agreement with Venezuela

The United States government has released specific details regarding a significant oil deal with Venezuela, involving the management of 17 oil fields. The agreement grants North American Blue Energy Partners a 100-year concession to manage reserves estimated at 65 billion barrels, with the US government securing strategic stakes and oversight.

Rupiah Weakens in Early September: What's Behind the Decline?

The Indonesian rupiah depreciated by 0.12% to Rp17,744 per US dollar, driven by rising global oil prices amid escalating U.S.-Iran tensions. The currency's decline was further exacerbated by rising U.S. inflation expectations and an increase in U.S. government bond yields.

Iran Appreciates Russia's Stance, Here is Why

Iranian President Masoud Pezeshkian has expressed gratitude to Russian President Vladimir Putin for Russia's support amidst tensions with the United States. The meeting, held during the Shanghai Cooperation Organisation summit, highlighted ongoing cooperation regarding US sanctions and international diplomacy.

Pramono Waives Retribution Fees for Kramat Jati Traders for Six Months

Jakarta Governor Pramono Anung has announced a six-month waiver on retribution fees for traders relocated to the Kramat Jati managed site as part of a regional urban renewal initiative. The policy aims to restore public space and road functions while supporting the livelihoods of hundreds of traders during the transition.

Trader Retribution Fees at Kramat Jati Fish Market Relocation Site Officially Waived

The Jakarta Provincial Government has announced a six-month waiver on retribution fees for traders relocated to the Kramat Jati Fish Market site. Governor Pramono Anung Wibowo aims to restore public road functions while supporting local livelihoods through this initiative.

Understanding the Cugenang Fault in Cianjur: Discovery, Path, and Earthquake Risks

The Meteorology, Climatology, and Geophysics Agency (BMKG) has officially identified the Cugenang Fault as the primary cause of the devastating 2022 Cianjur earthquake. This discovery necessitates a significant review of spatial planning and disaster preparedness in the affected red zones.

Maranatha Christian University develops digital-based business law

Maranatha Christian University has launched a new Master of Laws programme specialising in Digital Business Law to address the legal challenges of the digital era. The curriculum focuses on emerging issues such as fintech, artificial intelligence, and data protection to prepare professionals for the evolving digital economy.

Legislators: Jakarta's Waste Issues Must Be Addressed from Upstream to Downstream

A member of the Jakarta Regional Legislative Council (DPRD) has emphasised the need for a comprehensive waste management strategy to tackle the city's 9,000-tonne daily waste production. The proposal includes reducing waste at the source and exploring processing facilities in neighbouring regions like Tangerang and Bekasi.

Taliban's Appeal for US Investment in Mining Sector

The Taliban's Foreign Minister, Amir Khan Muttaqi, has formally invited US companies to invest in Afghanistan's vast mineral and agricultural sectors. The push seeks to leverage an estimated US$ 1 trillion in untapped mineral resources to foster future economic cooperation rather than focusing on past conflicts.

Hong Kong's Belt and Road Summit explores new cross-regional opportunities this September

The 11th Belt and Road Summit will be held in Hong Kong this September, focusing on high-quality development and regional cooperation. The event aims to strengthen trade and investment ties between the Chinese Mainland, ASEAN, Central Asia, and the Middle East through new initiatives like the GoGlobal Chapter.

Approved! House of Representatives Increases Ministry of Investment Budget to Rp 1.2 Trillion for 2027

The House of Representatives' Commission XII has approved an increase in the 2027 budget for the Ministry of Investment and Downstreaming/BKPM to Rp 1.2 trillion. This budget expansion aims to support a 13.8 per cent increase in investment realisation targets and accelerate national downstreaming programmes.

Get Ready: Stock Exchange to Remove Rp50 Minimum Price Limit Starting Late September

The Indonesia Stock Exchange (IDX) plans to abolish the Rp50 minimum share price limit by late September 2026. This move aims to enhance liquidity and improve the price discovery process within the Indonesian capital market.

Ministry of Trade: Cocoa Bean Prices Rise Due to Bad Weather and Pest Attacks

The Indonesian Ministry of Trade has reported an increase in the reference price for cocoa beans for the September 2026 period. This price hike is attributed to declining production levels caused by pest infestations and adverse weather conditions in West Africa.

Ustadz Fatih Karim Explores the True Purpose of a Leader at Spiritual Leadership Forum 2/026

At the Spiritual Leadership Forum 2026, Ustadz Fatih Karim emphasised that effective leadership requires more than just achieving targets and managing organisations. He highlighted the importance of purpose and values in decision-making to ensure a lasting positive impact.

Ahead of National Customer Day, Pertamina Lubricants Emphasises Importance of Timely Oil Changes

Pertamina Lubricants is launching several promotional programmes to mark National Customer Day, offering cashback and special discounts on various lubricant products. The company also uses this initiative to remind vehicle owners of the critical importance of regular oil changes to prevent engine wear and maintain performance.

Collaborate2Win campaign promotes Hong Kong's professional services in Central Asia

The Hong Kong Trade Development Council and the Department of Justice recently led a high-level delegation to Xinjiang, Kazakhstan, and Uzbekistan to promote professional services. The campaign aimed to strengthen economic ties and leverage Hong Kong's common law advantages to foster cooperation within the Belt and Road Initiative.

DPR Approves Destry Damayanti as Governor of Bank Indonesia Until 2030

The Indonesian House of Representatives (DPR) has officially approved Destry Damayanti as the Governor of Bank Indonesia for the 2026-2030 term. Alongside her, Aida S. Budiman and Solikin M. Juhro have also been confirmed as Deputy Governors to lead the central bank's new leadership period.

Democracy Loses Meaning When the People are Powerless

Nobel Peace Prize laureate Kailash Satyarthi warns that democracy becomes hollow when citizens lack the power to demand their fundamental rights. During a discussion in Jakarta, Satyarthi and legal expert Todung Mulya Lubis highlighted the interconnectedness of human rights, social welfare, and the rising pressures on civil society in Indonesia.

Police Investigate Chat Group Targeting Students in Jakarta with LGBT Content

The Jakarta Metropolitan Police are investigating a chat group titled 'add people as much you can' following reports that it contains LGBT-related content and targets students from prestigious schools. Authorities are currently conducting cyber investigations and plan to coordinate with schools to educate students on the risks of pornography and social media misuse.

Mobile Operators Must Comply with Internet Quota Regulations by 28 September

The Minister of Communication and Digital has set a deadline of 28 September 2026 for mobile operators to comply with a Constitutional Court ruling regarding internet quota accumulation. The ruling mandates that telecommunications providers must ensure users' remaining data remains active and usable through mechanisms such as rollover or compensation.

Forest Fires Spread, Rice Aid Requirements Mapped in Kalimantan

Bulog is working with local governments in Kalimantan to map the requirements for rice assistance for communities affected by forest and land fires. The initiative aims to ensure food security amidst the logistical challenges posed by heavy haze and reduced visibility in the region.

South Kalimantan Police Chief and Students Unite to Extinguish Forest and Land Fires

The South Kalimantan Regional Police Chief, Irjen Pol Rosyanto Yudha Hermawan, joined student groups to combat ongoing forest and land fires in Banjarbaru and Banjar Regency. The collaborative effort highlights the growing involvement of student organisations in environmental protection and disaster response.

AI Becomes Novo Nordisk's Mainstay to Accelerate Drug Development

Novo Nordisk has entered into a strategic partnership with Amazon Web Services (AWS) to utilise artificial intelligence and cloud technology in drug discovery. The collaboration aims to modernise operations and shorten the timeline from identifying therapeutic targets to clinical trials.

President Prabowo closely monitors wildfire response, minister says

President Prabowo Subianto is actively overseeing the government's efforts to combat forest and land fires across Kalimantan and Sumatra. The government plans to intensify weather modification operations in six provinces to maintain groundwater levels and mitigate wildfire risks during the upcoming El Niño peak.

SGN conducts first planting for sugarcane area expansion to bolster sugar production

PT Sinergi Gula Nusantara (SGN) has commenced the first phase of a sugarcane area expansion programme in Bone Regency, South Sulawesi. The initiative aims to strengthen the national sugar production base, particularly in Eastern Indonesia, by enhancing the ecosystem from farming to processing.

Mount Sinabung Eruption: Bobby Nasution Ensures Refugee Needs are Met

The Governor of North Sumatra, Bobby Nasution, has pledged to guarantee the provision of basic necessities for residents displaced by the Mount Sinabung eruption. The provincial government is prioritising the evacuation of those in high-risk zones and enhancing facilities at evacuation centres to ensure resident safety and comfort.

Police Investigate Discovery of Man's Body in Electrical Substation Near LRT Station

An unidentified man was found dead inside an electrical substation near the Pancoran LRT Station in South Jakarta, suspected to have died from high-voltage electrocution. Preliminary evidence suggests the individual may have been attempting to steal cables, as a saw and plastic bags were found at the scene.

Prabowo leads meeting on affordable housing, cleaner neighbourhoods

President Prabowo Subianto has chaired a high-level meeting to discuss strategies for increasing access to affordable housing and improving residential environments. The discussion focused on the 'Indonesia ASRI' initiative, which aims to enhance sanitation, waste management, and housing finance accessibility across the nation.

614 Kramat Jati Traders to be Reorganised, Pramono Prepares Additional Locations

Jakarta Governor Pramono Anung has announced plans to relocate 614 traders from the Kramat Jati market area to restore public road functions. While many traders have already been assigned new spots, the Governor is working to secure additional sites to ensure a humane transition without displacement.

Man Allegedly a Government Contract Teacher Threatens Coffee Vendor with Machete in Bima

A video has gone viral showing a man, believed to be a government contract teacher (PPPK), threatening a female coffee vendor with a machete in Bima, West Nusa Tenggara. The incident has led to a formal police report and widespread public condemnation of the perpetrator's actions.

Major Civil Service Recruitment Scandal Uncovered, State Dismisses 3,868 Officials

The Thai Local Administration Department has dismissed 3,868 officials following the discovery of a massive recruitment fraud scandal. The investigation revealed a corrupt network that manipulated exam results in exchange for bribes ranging from 350,000 to 800,000 baht per applicant.

DKI Jakarta waives retribution fees for traders at Kramat Jati Fish Market site

The Jakarta Provincial Government has announced a six-month waiver of retribution fees for traders relocated to the Kramat Jati Fish Market development site. Governor Pramono Anung Wibowo aims to restore public road functions while supporting local livelihoods through this initiative.

Regent Deploys Two Excavators to Secure Sampit Airport Flight Safety Zone

The Regent of East Kotawaringin has deployed two excavators to create firebreaks and canals around the Haji Asan Sampit Airport safety zone. This initiative aims to mitigate the impact of forest and land fires, which have recently caused flight cancellations due to heavy haze.

Governor ensures Riau Islands remains safe for investment

Riau Islands Governor Ansar Ahmad Ansar has reaffirmed the province's stability for investors following a major drug smuggling bust involving 800kg of ketamine. He emphasised that the provincial government remains committed to maintaining security and a conducive environment for national and international investment.

What to Know About Bali's Airport-Canggu Tram System Plan

The Bali Provincial Government, Badung Regency, and state-owned railway company KAI have signed an agreement to develop a battery-powered electric tram connecting I Gusti Ngurah Rai Airport to Canggu. This 12-kilometre project aims to alleviate severe traffic congestion and support tourism by providing an eco-friendly transport alternative. The tram system is projected to begin operations in 2028, with a full completion target of 2029.

Passengers delayed at SIM Airport have been departed

Flight disruptions at Sultan Iskandar Muda International Airport caused by the eruption of Mount Sinabung have been resolved. All passengers previously delayed on routes to Medan have now been able to continue their journeys.

President Pezeshkian Appreciates Russia's Stance on Iran-US Conflict

Iranian President Masoud Pezeshkian has expressed gratitude to Russian President Vladimir Putin for Russia's support amidst tensions between Iran and the United States. Speaking at the Shanghai Cooperation Organisation summit, Pezeshkian highlighted Russia's role in countering US sanctions and supporting Iran within international organisations.

Maluku BKSDA Secures Five Ternate Kasturi Birds During WDD Trial

The Maluku Natural Resources Conservation Agency (BKSDA) intercepted five protected Ternate Kasturi birds during a Mobile Wildlife Detection Dog trial at Ambon's ports. The birds, found being kept by crew members, were voluntarily surrendered following educational outreach by forestry officers.

Investment Target Rises, Commission XII Requests Increased Budget for BKPM

A member of Commission XII of the Indonesian House of Representatives has urged the government to increase the budget for the Ministry of Investment and Downstreaming/BKPM for the 2027 fiscal year. The request aims to support a national investment target of Rp 2,927 trillion and address the imbalance between growing workloads and shrinking budget allocations.

Use of local knowledge needed to curb recurring wildfires: minister

Minister Iskandar has called for the integration of Indigenous wisdom and local community knowledge into national wildfire mitigation strategies. He emphasised that conservation policies must move beyond purely technical approaches and treat customary stakeholders as active decision-makers in environmental protection.

Muhammadiyah UK & Ireland Act as Sole Indonesian Representative at Global Muslim Youth Forum

The Muhammadiyah UK and Ireland Special Branch served as the only Indonesian delegation at the Global Muslim Youth Meet-Up (GMYM) 2026 in Manchester. The forum focused on youth leadership, entrepreneurship, and social impact, providing a platform for international networking and strategic discussion.

IDX Paves Way for Offshore Investment, Enabling Indonesian Investors to Access Over 50 Global Exchanges

The Indonesia Stock Exchange (IDX) is preparing local securities firms to offer overseas stock market access following the implementation of the Financial Sector Development and Reinforcement Law (P2SK). Through a partnership with US-based brokerage infrastructure provider Alpaca, Indonesian investors may soon be able to trade on more than 50 global exchanges via domestic brokers.

Putin's Struggle: The Tale of Orcas Preying on Polar Bears - Ruble Strengthening

Russia is facing significant fiscal pressure as its budget deficit reached RUB 5.7 trillion in the first half of 2026, exceeding annual targets. Amidst the ongoing conflict in Ukraine, the Russian government is navigating a complex balance between managing energy revenues and managing the volatility of the ruble.

Approximately 590 hectares of area affected by fires in TNBTS, here is the appearance

Recent data from the Bromo Tengger Semeru National Park (TNBTS) indicates that wildfires have scorched approximately 590 hectares of the protected area. The fires have impacted various zones, including the Oro-oro Ombo block and the Semeru hiking trails.

Governor states PM-AAS method boosts rice harvests in Banten

Banten Governor Andra Soni has announced that the implementation of the Advanced Agricultural System (PM-AAS) has significantly increased rice productivity to 12.88 tonnes of grain per hectare. This modernisation initiative aims to enhance farmer welfare by increasing net profits and strengthening Banten's role as a national food buffer.

Bekasi Fire Department: Do Not Underestimate Gas Leaks Inside the Home

The Bekasi Regency Fire and Rescue Service has issued a warning to residents regarding the dangers of gas accumulation in enclosed spaces. Officials emphasised that gas leaks, rather than the cylinders themselves, are the primary cause of explosions when triggered by sparks or electrical switches.

Deputy Minister of Home Affairs Highlights Importance of Rapid Response from Government Public Relations in Digital Era

Deputy Minister of Home Affairs Bima Arya Sugiarto has called for government public relations units to adopt rapid response strategies to combat disinformation, slander, and hate speech. He emphasised that government agencies must move beyond reactive measures by proactively sharing positive achievements and engaging in early-stage narrative co-creation.

Iran Claims US Mistakenly Views Negotiations as an Act of Dictating

Iranian Foreign Ministry spokesperson Esmaeil Baqaei has criticised the United States for approaching negotiations with an intent to dictate terms rather than engage in genuine dialogue. The statement comes amid rising tensions regarding maritime blockades, economic warfare, and alleged violations of previous agreements.

High Turnover Does Not Guarantee Profit: 5 Marketplace Costs MSMEs Must Calculate

Micro, Small, and Medium Enterprises (MSMEs) face significant challenges as marketplace service fees are estimated to range between 10% and 18% per transaction. As digital adoption grows, business owners must carefully manage administrative, promotional, and commission costs to protect their profit margins.

Mount Ili Lewotolok Erupts Twice, Ash Column Reaches 700 Metres

Mount Ili Lewotolok in Lembata Regency, East Nusa Tenggara, experienced two eruptions within three hours on Tuesday morning. Local authorities have issued safety warnings, prohibiting activities within a 2km radius of the volcano to protect residents and tourists from volcanic hazards.