Indonesian Political, Business & Finance News

Archive: 21 September 2026

Showing 751-800 of 1,214 articles

Nusron Wahid Frustrated by Questions Regarding ATR/BPN Case: I Just Want to Go Home

The Minister of Agrarian Affairs and Spatial Planning, Nusron Wahid, expressed his irritation when questioned by journalists regarding a bribery scandal involving PT Summarecon. The Corruption Eradication Commission (KPK) has named eight suspects, including high-ranking officials and associates of the Minister, following the seizure of over Rp106 billion in cash.

Cooperative Minister: Merah Putih Village Cooperatives to Begin 'Soft Launch' in October

The Minister of Cooperatives, Ferry Juliantono, has announced that the operational soft launch for the Merah Putih Village/Sub-district Cooperatives (KDKMP) is scheduled for October 2026. The rollout depends on the signing of a Presidential Regulation regarding operational governance and the deployment of trained managers.

Former KPK Leader Highlights Weaknesses in Tracing Corrupt Assets

Former Corruption Eradication Commission (KPK) leader Erry Riyana has raised concerns regarding the inefficiency of asset tracing in Indonesia during a parliamentary hearing. He argues that law enforcement focuses too heavily on calculating state losses rather than identifying the proceeds of crime.

Following Numerous Fire Incidents, Seven Airlines Ban Power Banks on Flights

Several international airlines have implemented strict restrictions on the use of power banks due to the fire risks associated with lithium-ion batteries. These measures aim to prevent overheating, short circuits, and potential inflight fires following global safety concerns.

Celebration of the 5th Indonesian Mid-Autumn Festival

The fifth annual Indonesian Mid-Autumn Festival was held in Batam, attracting nearly 800 participants including students and local communities. The event aimed to promote cross-cultural understanding and strengthen the friendship between Indonesia and China through traditional arts and language exchange.

Nusron Appears at DPR Meeting After Two Consecutive Absences

The Minister of Agrarian Affairs and Spatial Planning, Nusron Wahid, attended a parliamentary meeting following two consecutive absences from recent sessions. His return follows recent public statements regarding an ongoing corruption investigation by the KPK involving the Ministry.

The Relevance of Ibn Khaldun's Thought in the Era of Global Competency Crisis

This opinion piece explores how the historical philosophy of Ibn Khaldun can address modern challenges such as the global skills gap and brain drain. It argues that the current crisis stems from a failure to embrace human diversity and the principle of 'ta'awun' (collaboration) within modern education and industrial systems.

Market Monitors Potential BI Rate Hike as JCI and Rupiah Weaken

The Indonesian financial market is currently facing significant pressure from both domestic and international sentiments. Investors are closely monitoring the potential for Bank Indonesia to raise interest rates following recent Federal Reserve policy shifts, alongside geopolitical tensions in the Middle East.

Bolosego Food Truck Owner Questioned by Police Over Illegal Levies in Alkid Jogja

Police in Yogyakarta are investigating the owner of the Bolosego food truck following viral allegations of extortion at Alun-alun Kidul. The investigation covers claims of daily parking levies amounting to Rp 1 million and demands for free meals by certain officials.

Krueng Tingkeum Bridge Operational, Aceh-North Sumatra Route Returns to Normal

The permanent Krueng Tingkeum Bridge in Bireuen Regency has officially reopened, restoring full connectivity on the national highway between Banda Aceh and Medan. This development replaces the temporary Bailey bridge and is expected to revitalise logistics and the local economy following severe flooding in late 2025.

El Niño Threatens Bank Credit, OJK Highlights Risk of High NPLs in Certain Sectors

The Financial Services Authority (OJK) has warned that the El Niño phenomenon poses a significant climate risk to the banking sector, potentially increasing non-performing loans (NPLs). The regulator is urging banks to integrate climate risk management into their business strategies to mitigate impacts on sectors highly dependent on weather, such as agriculture and livestock.

Bulog's near-100 percent rice absorption shows commitment: BP BUMN

The State-Owned Enterprises Supervisory Agency (BP BUMN) has commended Bulog for achieving a 99 per cent rice absorption rate, reaching over 3.9 million tons. This achievement supports national food stability by ensuring price certainty for farmers and maintaining robust government rice reserves.

Pati Regent Sudewa Faces 8.5-Year Prison Sentence

The Public Prosecutor has demanded an 8.5-year prison sentence for the inactive Regent of Pati, Sudewa, regarding corruption involving railway projects and village official appointments. The prosecution alleges the defendant received significant bribes and gratifications while abusing his authority as a member of Commission V of the DPR.

An In-depth Analysis of Strategies to Formulate Precise Subsidy Policies for the People

The Indonesian government is reviewing various options to ensure energy subsidies are more accurately targeted to the intended recipients. As energy subsidy realisation reached Rp 233 trillion in the first half of 2026, discussions are intensifying regarding the impact of fuel subsidy reforms on public purchasing power and industrial readiness.

Prabowo Aims to Transform Coal into Fuel, Bahlil Explains

President Prabowo Subianto has instructed the Ministry of Energy and Mineral Resources to optimise domestic energy potential by converting low-calorific coal into gas and oil. Minister Bahlil Lahadalia noted that this initiative aims to enhance national energy security and reduce reliance on expensive energy imports amidst global geopolitical uncertainty.

OJK Officially Issues Regulation on Stock Exchange Shareholders

The Financial Services Authority (OJK) has released POJK Number 13 of 2026, establishing the legal framework for the demutualisation of the stock exchange. This regulation aims to transform the exchange's ownership structure to enhance transparency, efficiency, and market integrity.

Nusron Breaks Silence on Resigning from Golkar Board: Refers Questions to Bahlil

Minister of ATR/BPN Nusron Wahid has addressed his resignation from the Golkar Party's central leadership, stating that discussions regarding the matter have been ongoing with Party Chairman Bahlil Lahadalia since last year. While confirming the discussions, Nusron declined to provide specific reasons, citing personal privacy.

Education and Empowerment Initiative Highlights Areas Unreached by Free Nutritious Meal Programme

The Rumbuk Pesisir community recently held an empowerment programme in Aceh to address developmental gaps in coastal regions through literacy and creative economy initiatives. The event highlighted that certain coastal areas in Southwest Aceh have yet to benefit from strategic government programmes, such as the Free Nutritious Meal (MBG) scheme.

US Treasury Secretary Appeals to China Ahead of Presidential Summit

US Treasury Secretary Scott Bessent has sought greater cooperation from China regarding AI security mechanisms and trade commitments ahead of the upcoming Trump-Xi summit. Washington is also pressing Beijing to fulfil long-standing promises regarding US agricultural purchases and Boeing aircraft orders.

Cooperative Minister Reveals Prabowo's Ambition for Cooperatives to Rival SOEs and Private Sector

The Minister of Cooperatives, Ferry Juliantono, stated that President Prabowo Subianto aims to accelerate the development of cooperatives to ensure they remain competitive with State-Owned Enterprises and private companies. The Ministry is currently focusing on rebranding, digitalisation, and shifting the focus from institutional administration to business development.

Jambi Regional Police Investigate Forest and Land Fires Across 55 Hectares in Two Corporate Areas

The Jambi Regional Police have launched investigations into two separate forest and land fire incidents involving PT Restorasi Ekosistem Indonesia and PT Samhutani. The fires have affected approximately 55 hectares of land, prompting authorities to examine witnesses and corporate fire prevention infrastructure.

Suahasil Completes Official Reshuffle Following Purbaya Era

Finance Minister Suahasil Nazara has finalised the appointment of officials within the Ministry of Finance and the Financial System Stability Committee (KSSK). This latest round of appointments serves as the concluding stage of a broader structural refinement process that began during the previous administration.

International Day of Sign Languages 23 September: Its History

The International Day of Sign Languages, observed annually on 23 September, aims to promote the linguistic identity and human rights of the Deaf community. In Indonesia, the Ministry of Primary and Secondary Education is actively implementing inclusive training to support deaf students through sign language proficiency.

The Long History of the Giant Natuna Gas Block, Now Officially Managed by Hashim

PT Nations Petroleum, a subsidiary of Hashim Djojohadikusumo's Arsari Group, has officially won the tender for the Natuna D-Alpha gas block. The announcement marks a significant milestone for one of Indonesia's largest gas reserves, which has faced decades of developmental challenges due to high CO2 content.

Two NTT Residents Killed in KKB Shooting in Papua, Deputy Minister of Home Affairs Offers Apology

The Deputy Minister of Home Affairs, Ribka Haluk, has expressed deep condolences and apologised to the people of East Nusa Tenggara (NTT) following a fatal shooting by the KKB in Papua. During an official assembly, she also addressed regional economic growth, poverty reduction, and the transition of part-time government employees to full-time status.

Hong Kong Investors Gain Equal Treatment in New ASEAN Deal

A new protocol signed in Manila ensures that Hong Kong investors will receive non-discriminatory treatment across ASEAN economies, covering both services and non-services sectors. This agreement is significant for Indonesia, which has already received $7.6 billion in Hong Kong foreign direct investment during the first half of 2026.

RI stresses infrastructure readiness for Kalimantan ACTS Corridor

Indonesia is prioritising the development of essential infrastructure and legal frameworks to ensure the successful implementation of the Kalimantan ACTS Corridor. Speaking at the 40th AFTA Council Meeting, Minister Putri emphasised that national readiness is crucial for the effective operation of this Borneo-based trade initiative.

South Jakarta PMI provides health education to child disaster survivors in Nagekeo, NTT

The Indonesian Red Cross (PMI) South Jakarta has launched a health education initiative for children surviving recent disasters in Nagekeo Regency, East Nusa Tenggara. The programme focuses on promoting clean and healthy living behaviours to mitigate disease risks in post-disaster environments.

Forest and Land Fires Spreading to Residents' Land in Tojo Una-una Extinguished

The National Disaster Management Agency (BNPB) has confirmed that forest and land fires in Tojo Una-una Regency, Central Sulawesi, have been fully extinguished. The fires affected two hectares of residents' land across two different villages, but were successfully contained by local disaster management teams and residents.

Buka ATTEC Global Investment Forum, Mendag Busan Dorong Investasi Berorientasi Ekspor

Indonesian Minister of Trade Budi Santoso has emphasised the importance of expanding export markets to attract export-oriented investment. During the ATTEC Global Investment Forum, he highlighted that Indonesia's existing and upcoming trade agreements are key instruments for enhancing production capacity and integrating into global supply chains.

Geology Agency Prohibits Activities Within 13 km of Mount Semeru Summit

The Geological Agency of the Ministry of Energy and Mineral Resources has issued a 13-kilometre exclusion zone around Mount Semeru following a recent eruption. Residents and tourists are advised to avoid the area due to the heightened risk of volcanic activity and potential lava flows.

Italy to Ban Niqab in Schools and Limit Number of Foreign Students

Italian Prime Minister Giorgia Meloni has announced a new educational policy package aimed at banning the burqa and niqab in schools and imposing quotas on foreign students. The proposal, which includes mandatory Italian language classes for parents struggling to integrate, comes ahead of next year's general elections.

Development of Pertamina's Unconventional Oil and Gas Seen as Potential to Boost Oil Production

The development of unconventional oil and gas (MNK) in the Rokan Block by Pertamina Hulu Rokan is expected to increase Indonesia's oil production and extend reserve life. Experts highlight that while the potential is significant, success depends on implementing cost-effective drilling technologies to ensure economic viability.

Maximising Village Potential: Minister of Villages Urges UMJ Students to Become Entrepreneurs

The Minister of Villages and Disadvantaged Regions, Yandri Susanto, has called on new students at the University of Muhammadiyah Jakarta to leverage their academic journey to research and develop village-based export potential. He highlighted that the ministry has identified 49 export destination countries that require agricultural products such as chilli, lemongrass, and shallots.

KPK Raids Summarecon Office in Bogor Regarding Ministry of ATR/BPN Corruption Case

The Corruption Eradication Commission (KPK) has conducted a search of the PT Summarecon Agung Tbk office in Bogor as part of an ongoing investigation into alleged corruption within the Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN). The investigation follows a sting operation involving several high-ranking officials and private sector executives related to building rights permits.

Ministry of Industry optimises industrial technology to support disaster mitigation

The Indonesian Ministry of Industry is leveraging Industry 4.0 technologies to enhance disaster prevention, mitigation, and recovery efforts. Through the PIDI 4.0 hub, the ministry is fostering collaborations with local startups to deploy advanced geospatial and renewable energy solutions for emergency response.

Strengthening Indonesia's Inclusive Digital Financing Ecosystem: HSBC Indonesia Provides IDR 700 Billion Funding to Indodana Finance

HSBC Indonesia has entered into a strategic partnership with Indodana Finance, providing a funding facility worth IDR 700 billion. This initiative aims to bolster the Buy Now Pay Later (BNPL) ecosystem and enhance financial inclusion for populations underserved by conventional banking.

BNPB: Five Hectares of Land Burnt in Kebumen Due to Improper Waste Burning

The National Disaster Management Agency (BNPB) has identified improper waste burning by residents as the suspected cause of a large-scale land fire in Kebumen, Central Java. Strong winds and dry weather during the peak of the dry season caused the flames to spread across five hectares of land.

Indonesia Becomes a Global Fisheries Giant, But a 'Time Bomb' Lurks in the Sea

Indonesia has emerged as the world's second-largest marine capture fisheries producer, with export values reaching US$6.27 billion in 2025. However, environmental threats such as overfishing and habitat destruction pose significant risks to the long-term sustainability of the industry and global market access.

Deputy Trade Minister: Indonesia Urges ASEAN to Strengthen Semiconductor Industry Ecosystem

Indonesia is advocating for the development of the ASEAN Semiconductor Roadmap to bolster the regional semiconductor ecosystem and global supply chain competitiveness. The initiative, proposed under the Philippine Chairmanship, focuses on research collaboration, critical mineral infrastructure, and harmonised investment incentives.

DPR Legislative Body Agrees to Bring Agrarian Reform Bill to Plenary Session for Ratification

The Indonesian House of Representatives' Legislative Body (Baleg) and the government have reached an agreement to advance the Agrarian Reform Regulation Bill to a plenary session. The bill aims to resolve long-standing land conflicts and ensure more equitable land distribution across the country.

KPK Raids Summarecon Office in Bogor Over BPN Building Rights Bribery Case

The Corruption Eradication Commission (KPK) has conducted a search at the PT Summarecon Agung Tbk office in Bogor as part of an investigation into bribery involving Building Rights (HGB) within the Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN). The investigation has already led to the naming of eight suspects, including high-ranking officials and corporate executives.

East Kalimantan Contingent Awaits Hundreds of Millions in Bonuses After Winning 31st National MTQ

The East Kalimantan Provincial Government has announced significant bonuses for the province's delegation following their third consecutive overall championship title at the 31st National Musabaqah Tilawatil Qur’an (MTQ) in Semarang. The rewards, ranging from Rp25 million to Rp100 million, serve as recognition for the participants' dedication and achievements.

Honor reveals colour options for X9e Pro ahead of 24 September launch

Honor has unveiled the design and colour palette for its upcoming X9e Pro mid-range smartphone ahead of its Malaysian launch. The device is expected to feature a 108-megapixel primary camera and high-brightness display capabilities.

Bappenas: Indonesia Needs to Integrate Blue Carbon Ecosystems into Development Planning

The Minister of National Development Planning has emphasised the necessity of incorporating blue carbon ecosystems into Indonesia's national development strategy. This shift aims to balance economic growth with environmental protection as the nation addresses increasing demands for food, energy, and water.

Suahasil Appoints 14 New Officials at Finance Ministry

Finance Minister Suahasil Nazara has overseen a reshuffle of Echelon II officers and key personnel within the Ministry of Finance and the Financial System Stability Committee. The appointments, which include promotions and transfers, aim to strengthen the ministry's merit-based system and enhance oversight in customs, treasury, and financial stability.

HOKI Issuer Responds to Inclusion in Fake Fortified Rice List

PT Buyung Poetra Sembada Tbk (HOKI) has addressed reports regarding its fortified rice products being under government scrutiny for non-compliance. The company is currently evaluating the potential financial and operational impacts of the investigation conducted by the Jakarta Food Security, Marine, and Agriculture Office.

Purbalingga adjusts four draft regional regulations to align with latest laws

The Purbalingga Regency Government in Central Java has expressed support for four new draft regional regulations initiated by the local DPRD. The administration has requested adjustments to ensure these regulations align with the latest national laws and address specific local needs, particularly regarding labour, trade, and telecommunications infrastructure.

Minister Agus Urges Immigration and Correctional Officials to Enhance Ease and Transparency of Services

Minister of Immigration and Correctional Affairs, Agus Andrianto, has called for significant improvements in public service delivery during an annual coordination meeting. He emphasised the need for faster, more transparent immigration services and stricter security measures within the correctional system to prevent illegal activities.

Minister Encourages Students to Become Entrepreneurs and Develop Villages

The Minister of Villages and Disadvantaged Regions, Yandri Susanto, has urged new university students to look beyond traditional academic life and pursue entrepreneurship in rural areas. He highlighted the government's 'Export Village' programme, which aims to facilitate the export of agricultural products to 49 different countries.