Indonesian Political, Business & Finance News

Archive: 24 September 2026

Showing 551-600 of 1,383 articles

Central Kalimantan Police Chief: Peatland Wetting Essential to Combat Forest and Land Fires

The Central Kalimantan Regional Police are prioritising the wetting of peatlands to prevent underground embers from reigniting forest fires. This initiative follows the suppression of surface flames, aiming to reduce smoke production that impacts public health and the environment.

DMI Condemns Jewish Rituals, Urges Muslim Nations to Protect Al-Aqsa

The Indonesian Mosque Council (DMI) has expressed deep concern regarding Jewish religious rituals being conducted near the Al-Aqsa Mosque complex in Jerusalem. The council is calling upon Muslim-majority nations and the international community to take collective action to preserve the sanctity of the site.

JCI Ends in the Red, Dropping 1.2% to Level 6,298

The Indonesia Composite Index (JCI) closed lower at 6,298.61 following significant selling pressure. Market participants are closely monitoring the impact of Bank Indonesia's decision to maintain interest rates and the surge in US Treasury yields.

Rupiah Weakens Against 10 Currencies, Performing Worst Against Australian and Chinese Dollars

The Indonesian Rupiah has faced significant depreciation, hitting a low of Rp17,900/US$ against the US Dollar. The currency has seen even sharper declines against the Australian Dollar and Chinese Yuan, driven by global US Dollar strength and domestic economic concerns.

Dutch researcher presents 1912 photographs regarding the history of Sawahlunto

Dutch geography researcher Dick Rozing has donated two large-format photographs from 1912 to the Sawahlunto Culture, Historical Heritage, and Museum Office. The images provide rare visual documentation of the city's coal mining activities and landscapes during the colonial era.

Boosting Productivity: Demand for High-Capacity Material Transport Grows in Mining Industry

Volvo Trucks Indonesia is testing the FMX Edge, a heavy-duty truck with a 60-tonne payload capacity, in an Indonesian nickel mine to enhance mining productivity. The initiative aims to reduce total operational costs by approximately 10.3 per cent through increased transport efficiency.

BMKG to report peatland condition data during limited meeting with Prabowo

The Indonesian Meteorological, Climatological, and Geophysical Agency (BMKG) is set to present detailed data on peatland management and water availability to President Prabowo Subianto. The discussion aims to develop strategies for sustainable peatland use and enhance forest fire mitigation through weather modification techniques.

Jokowi on Parliamentary Threshold: 5, 6, 7, or 8 Percent is Fine

Former Indonesian President Joko Widodo has expressed indifference regarding the potential increase of the parliamentary threshold for the 2029 General Election. He stated that any figure decided by the House of Representatives and the government is acceptable, provided it serves the best interests of the nation.

Deputy Minister of Hajj and Umrah Vows to Eradicate Hajj and Umrah Cartel and Mafia Practices

The Deputy Minister of Hajj and Umrah, Dahnil Anzar Simanjuntak, has pledged to dismantle cartel and mafia-like practices within the pilgrimage ecosystem. The government aims to restructure the sector to foster a more competitive, transparent, and healthy economic environment for pilgrims.

Tom Lembong: Nadiem is clearly innocent in Chromebook corruption case

Former Minister of Trade Tom Lembong has expressed his support for Nadiem Makarim, asserting that the former Education Minister is innocent of corruption charges regarding Chromebook procurement. This statement follows the Jakarta High Court's decision to reduce Nadiem's prison sentence during his appeal process.

GAIKINDO Responds to Investment Obstacles Facing Japanese Automotive Manufacturers in Indonesia

The Indonesian Automotive Industry Association (GAIKINDO) has addressed concerns regarding licensing, financing for supporting industries, and local content certification (TKDN) affecting Japanese investors. Despite these regulatory hurdles, the national automotive market has shown significant growth in 2026, with wholesale sales increasing by over 20 per cent.

Airlangga Says Indonesia Won't Face US Tariffs Over Russian Oil

Chief of Economic Affairs Minister Airlangga Hartarto has assured that Indonesia will not be subject to new US tariffs regarding its imports of Russian oil. He clarified that Indonesia's previous purchases were conducted within a permitted window under existing US regulations, mitigating concerns over the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026.

Video: KB Bank's Effective Strategy to Face the New Era of Digital Banking Evolution

KB Bank has outlined its strategic approach to navigating the evolving digital banking landscape during the Digital Banking Forum 2026. The bank is focusing on digital and technological transformation to strengthen its connection with corporate and retail consumer sectors.

Data Centres Rejected Everywhere, Residents Call Them a Source of Disaster

A recent Pew Research Center survey reveals growing opposition to data centre developments across the United States. Residents express significant concerns regarding environmental degradation, declining quality of life, and negative impacts on local employment and tax revenues.

Ministerial authority over national priority data requested to be limited

A member of the Indonesian Parliament's Legislative Body has called for clear, objective parameters to be established regarding ministerial authority in determining national priority data. The proposal aims to prevent excessive centralisation within the proposed Indonesia One Data Bill (RUU SDI).

Forestry Ministry reclaims 300 ha in Bengkulu elephant corridor

The Indonesian Forestry Ministry has conducted a joint operation in Bengkulu to reclaim 300 hectares of forest land used as an elephant corridor. The enforcement action involved the destruction of oil palm trees and work huts, alongside investigations into the illegal occupation of the area and the discovery of hazardous materials.

BRIN and Nottingham University Experts Meet at Palace to Discuss Forest and Land Fires

President Prabowo Subianto hosted a group of prominent academics and researchers at the State Palace to discuss the management of peatlands and forest fire mitigation. The meeting focused on balancing sustainable peatland utilisation with the prevention of devastating wildfires across Indonesia.

Hotspots Increase, Forestry Minister Ensures Focus on Forest Fire Management in Central Kalimantan

The Indonesian Minister of Forestry, Raja Juli Antoni, has announced that firefighting efforts are being concentrated in Central and South Kalimantan due to rising hotspot counts. Meanwhile, President Prabowo Subianto is consulting with academics to develop science-based strategies for peatland management to prevent annual fire recurrences.

Ministry of Religious Affairs: Approximately 43 million zakat recipients reached by 2025 aid

The Indonesian Ministry of Religious Affairs has reported that zakat distribution has reached over 43 million beneficiaries through various programmes including health, education, and economic empowerment. The Ministry aims to integrate zakat and waqf (endowment) to create a sustainable ecosystem for community welfare and poverty alleviation.

Central Java Provincial Government Awards Bonuses to National MTQ Champions

The Central Java Provincial Government has announced significant financial rewards and Umrah prizes for the province's successful participants in the 31st National Musabaqah Tilawatil Qur'an (MTQ). The delegation achieved a remarkable second-place overall ranking, securing 36 titles across various categories.

West Java Prison Directorate Responds to Allegations of Ferdy Sambo Enjoying Luxury Facilities at Cibinong Prison

The West Java Directorate General of Corrections has denied allegations that high-profile inmate Ferdy Sambo is receiving special luxury treatment at Cibinong Prison. Officials clarified that the former police official occupies a standard cell with the same facilities as other inmates, following an Ombudsman inspection of nearby residential buildings.

Minister calls for strict supervision of narcotics disposal

The Indonesian Minister has emphasised the necessity of rigorous oversight during the destruction of narcotics evidence to prevent illegal substances from being recovered. The recent disposal of 1.3 metric tons of drugs in Batam highlights the importance of inter-agency cooperation between the BNN, police, and customs to combat smuggling. This initiative aligns with President Prabowo Subianto’s Asta Cita agenda, focusing on legal reform and the eradication of illicit drug networks.

Nadiem to File Appeal Following Reduced Prison Sentence in Chromebook Case

Former Minister of Education Nadiem Makarim has announced his intention to appeal to the Supreme Court after his sentence was reduced at the appellate level. Despite the reduction, Nadiem maintains his innocence and asserts that there was no loss to state funds or conflict of interest in the Chromebook procurement case.

Breaking: Iran War Could Expand into the Indian Ocean

An advisor to Iran's Supreme Leader has warned that the conflict could expand into the Indian Ocean if further attacks are launched by the US or Israel. The escalating tensions, following recent strikes on Tehran, have already caused significant disruptions to global energy routes and a surge in oil prices.

Ministry of Agriculture pushes for Indonesian animal vaccine exports to penetrate African markets

The Indonesian Ministry of Agriculture is promoting the expansion of animal health product exports following the first shipment of domestic vaccines to four African nations. Valued at US$21.3 million, this initial export includes poultry vaccines destined for Zambia, Congo, Uganda, and Malawi.

Latest Update on Cihampelas Terrace Demolition, Says West Java Public Order Agency

The West Java Public Order Agency (Satpol PP) has announced that the demolition process for the Cihampelas Terrace in Bandung is currently in the auction preparation stage. While some street vendors remain active, authorities have informed them of the upcoming enforcement action aimed at restoring public space.

Director General of Corrections Responds to Findings of Luxury Housing in Cibinong Prison

The Director General of Corrections, Mashudi, has addressed allegations by the Ombudsman regarding apartment-standard luxury housing within the Cibinong Class IIA Prison. He clarified that the facilities in question are actually assimilation houses for inmates nearing release, alongside official residences for prison officials.

Police Hunt Thieves of Algerian National's Money in Ubud

Police in Gianyar are actively pursuing two foreign nationals suspected of stealing 150 Euros from an Algerian tourist in Ubud. The suspects allegedly used hypnosis to commit the theft, and authorities are currently tracing their movements using CCTV footage.

KPK Raids East Java BPN Regional Office in HGB Bribery Case

The Corruption Eradication Commission (KPK) has conducted a raid on the East Java Regional Office of the National Land Agency (BPN) as part of an ongoing investigation into bribery within the Ministry of Agraria and Spatial Planning. This follows previous searches in Mojokerto and several high-level offices, involving the seizure of documents and significant amounts of cash.

Preventing AI-Based Love Scams: Omi and Savy Amira Educate Students in Surabaya

The dating application Omi, in collaboration with several academic and social institutions, held a digital safety workshop in Surabaya to combat AI-driven love scams and online gender-based violence. The event highlighted the rising use of deepfakes and generative AI by scammers, noting that financial losses from love scams in Indonesia have reached billions of rupiah.

UBSI Develops Learning Object Materials for Project-Based Computer Networking Education

The Informatics Study Programme at Bina Sarana Informatika University (UBSI) has developed Learning Object Materials (LOM) for computer networking courses using Case Method and Project-Based Learning. This initiative, part of the 2026 Digital Learning Innovation Grant, aims to enhance student competency through active problem-solving and practical projects.

House of Representatives Strengthens Economic Coordination, Dasco Emphasises Policy Synchronisation

The Indonesian House of Representatives (DPR RI) has held a high-level meeting with key financial institutions to enhance inter-agency coordination. Deputy Speaker Sufmi Dasco Ahmad emphasised the need for fiscal, monetary, and investment policies to align towards a unified national economic direction while respecting institutional independence.

Women in Cilegon Report Alleged Rp10 Billion Fraudulent Investment and Social Gathering Scheme to Police

A group of victims in Cilegon has filed a police report regarding a fraudulent investment and 'arisan' scheme involving an estimated loss of Rp10 billion. The suspect, a local resident, allegedly promised high returns of up to 50% through a trucking business connection but has since become unreachable.

West Java Prison Directorate Claims Apartment-like Facilities in Cibinong Prison are Official Residences

The West Java Regional Office of the Directorate General of Corrections has clarified that the luxury facilities identified by the Ombudsman in Cibinong Prison are official residences for officials. An investigation is currently underway to determine if these facilities are being misused or illegally rented to inmates.

Government matures preparations for Zero ODOL implementation by 2027

The Indonesian government is intensifying efforts to implement the 'Zero Over Dimension Over Loading' (ODOL) policy by January 2027. Key measures include the deployment of ETLE HUB technology for electronic enforcement and legislative amendments to ensure legal accountability for both drivers and cargo owners.

73 Issuers Fail to Submit Financial Reports, IDX Imposes Sanctions

The Indonesia Stock Exchange (IDX) has suspended trading for 72 companies following their failure to submit interim financial reports for the first quarter of 2026. Additionally, one company has been issued a written warning and a fine of Rp150 million for delayed audited reports.

Ipsos Urges Industry Players to Balance Brand Strength with Market Context to Drive Growth

Ipsos Indonesia has advised businesses to align brand equity with market realities to ensure brand strength translates into actual sales. The research highlights that while consumers remain brand-conscious, rising concerns over the cost of living and unemployment are making them increasingly selective in their spending.

Bechi granted parole, KPAI highlights importance of victim restitution rights

The Indonesian Commission for Child Protection (KPAI) has raised concerns regarding the rights of sexual violence victims following the parole of Moch Subchi Azal Tsani, known as Bechi. The commission emphasises that while parole is a prisoner's right, justice and the fulfilment of restitution for victims must be prioritised.

CSIS Urges Labour Bill to Expand Formal Sector Employment Opportunities

A senior researcher from CSIS Indonesia has called for the proposed Labour Bill to focus on expanding formal sector opportunities rather than just strengthening existing protections. The expert highlighted that Indonesia needs to create approximately three million new jobs annually to accommodate a growing workforce and reduce reliance on the informal sector.

Prabowo summons experts and researchers to discuss peatland management

President Prabowo Subianto has convened a meeting with various experts and researchers at the Presidential Palace to address the management of peatlands. The discussions focus on mitigating forest and land fires while ensuring the sustainable use of peatland areas inhabited by millions of people.

DPR Commission II Urges Ombudsman to Report Luxury Prison Facilities to President

The Deputy Chairman of Commission II of the Indonesian House of Representatives, Dede Yusuf, has called on the Ombudsman to report findings of luxury facilities at the Cibinong Prison directly to the President. The Ombudsman recently discovered apartment-standard accommodations, complete with household appliances, within the prison complex.

KPA states Agrarian Reform Regulation Law serves as a tool for farmers' struggle

The Agrarian Reform Coalition (KPA) has hailed the newly enacted Agrarian Reform Regulation Law as a vital instrument for farmers and marginalised communities to achieve prosperity. The organisation emphasises that the law aims to resolve land conflicts and reduce agrarian inequality through structural corrections.

Finance Minister Reveals Results of Meeting with DPR Leadership, OJK, and Danantara This Morning

Finance Minister Suahasil Nazara held a high-level meeting with the Deputy Speaker of the House (DPR) and leaders from Bank Indonesia, OJK, and Danantara to discuss the national economic outlook. The discussions highlighted Indonesia's economic resilience, noting a 5.45% growth rate in the first half of 2026 and stable inflation.

Indonesian Ambassador to Washington Welcomes Plans for ANTARA to Open US Office

The Indonesian Ambassador to the United States, Indroyono Soesilo, has expressed support for the national news agency ANTARA's plan to establish a representative office in the US. The move aims to strengthen bilateral communication and highlight economic and strategic cooperation between the two nations.

Customs Performance Strengthens and Remains Measured, Helping Maintain State Budget Stability until August 2026

Indonesia's Customs and Excise revenue has reached Rp210.2 trillion, representing 62.6 per cent of the state budget target as of August 2026. This growth, driven by import duties and excise on tobacco and alcohol, plays a crucial role in maintaining the stability of the national budget amidst global economic dynamics.

Video: The Evolution of Bank Amar's AI Technology, Simplifying Transactions and Generating Profit

Bank Amar Indonesia is leveraging Artificial Intelligence and technological evolution to enhance operational efficiency and customer service. The bank aims to utilise automation to streamline business processes, prevent fraud, and strengthen cybersecurity to drive sustainable profitability.

House of Representatives Urges Investigation into Funders of Luxury Facilities in Cibinong Prison

Commission XIII of the House of Representatives (DPR) has called on the Ministry of Immigration and Correctional Services to investigate the financiers behind luxury facilities discovered at the Cibinong Class IIA Prison. The investigation aims to identify officials involved in the construction and use of these unauthorised amenities, which include mini-golf courses and gyms.

MRT Jakarta to Hold TOD Investment Forum 2026 in Singapore to Attract Investment

PT MRT Jakarta is set to host the TOD Investment Forum 2026 in Singapore, focusing on the theme of urban density and connectivity. The event aims to showcase various Transit-Oriented Development projects, such as the Blok M Interchange and Kali Besar Heritage, to potential global investors and strategic partners.

Police Explain Reasons Why Bundaran HI is Not a Location for Demonstrations

The Jakarta Metropolitan Police have clarified that the Bundaran HI area is unsuitable for protests due to its status as a vital economic hub and its proximity to embassies. Authorities suggest alternative locations such as Monas and the DPR building to ensure that public aspirations reach the intended government officials effectively.

Nadiem Files Appeal to Supreme Court Despite Reduced Sentence: I Am Saddened by the Guilty Verdict

Former Minister of Education Nadiem Anwar Makarim has announced his intention to appeal to the Supreme Court following a High Court ruling that maintained his guilty verdict in the Chromebook procurement corruption case. Although his prison sentence and fines were reduced, Nadiem maintains his innocence and claims there was no state loss or conflict of interest.