Indonesian Political, Business & Finance News

Archive: 24 September 2026

Showing 751-800 of 1,383 articles

South Jakarta PMI Provides Aid to Fire Survivors in Kebayoran Lama Utara

The Indonesian Red Cross (PMI) for South Jakarta has distributed essential supplies to residents affected by a recent fire in Kebayoran Lama Utara. The aid, funded through the PMI Fundraising Month, includes hygiene kits, bedding, and clothing to assist families during their recovery period.

From Bachelors to Professors: Academics Deploy to Transmigration Areas as Deputy Minister Hopes for Knowledge Transfer

The Deputy Minister of Transmigration, Viva Yoga Mauladi, is overseeing the monitoring and evaluation of the 2026 Patriot Expedition Team (TEP) programme. The initiative involves academics from ten major Indonesian universities working in 53 transmigration areas to develop models and policy recommendations for regional development.

The 'Gocap' Share Price Drops to Rp1, as Regional Neighbours Prove Even More 'Ruthless'

The Indonesia Stock Exchange (IDX) has announced that the minimum share price in the regular and cash markets will drop from Rp50 to Rp1, effective from September 2026. This regulatory shift allows for greater price movement and provides a basis for comparison with other regional exchanges in Asia-Pacific, which often trade at much smaller currency fractions.

Kadin supports government plan to provide incentives for textile industry

The Indonesian Chamber of Commerce and Industry (Kadin) has expressed support for government initiatives to provide tax holidays and tax allowances to the textile and textile products (TPT) sector. The move aims to strengthen the industry's competitiveness, boost exports, and protect the livelihoods of approximately four million workers.

PTK revitalises 57 libraries to enhance maritime literacy

PT Pertamina Trans Kontinental (PTK) has launched a programme to revitalise 57 libraries across Indonesia to improve maritime literacy among the younger generation. The initiative, part of the company's social and environmental responsibility programme, includes upgrading facilities and providing maritime-themed educational books.

Airlangga: KUR Realisation Reaches Rp234.17 Trillion as of August 2026

Coordinating Minister for Economic Affairs Airlangga Hartarto announced that People's Business Credit (KUR) disbursement has reached Rp234.17 trillion, representing 71 per cent of the annual ceiling. The government is also implementing various fiscal incentives and social assistance programmes to maintain domestic economic stability and control inflation.

US Tech Giant Nvidia Plans Rp 80 Trillion Investment in Batam

US technology leader Nvidia is reportedly planning a massive investment of approximately US$4.5 billion (Rp 80.64 trillion) to develop AI infrastructure in Batam, Riau Islands. The project, involving a partnership with Firmus Technologies and DayOne, aims to establish a major AI factory and data centre hub in Southeast Asia.

Ombudsman Investigates Ownership of Luxury Cars Found at Cibinong Prison

The Indonesian Ombudsman is working with the National Police Traffic Corps to identify the owners of luxury vehicles discovered during an inspection of the Cibinong Class IIA Prison. The investigation follows reports of unauthorised luxury facilities, including a gym and mini-golf course, allegedly being built for inmates.

Garibaldi Ship Becomes KRI Sriwijaya; Prabowo Receives Italian Navy Delegation at Palace

President Prabowo Subianto hosted representatives from the Italian Navy at the Presidential Palace following the official renaming of the donated vessel, Giuseppe Garibaldi, to KRI Sriwijaya-100. The new vessel is expected to bolster the Indonesian Navy's capabilities, particularly in supporting aerial firefighting operations.

GMF and VELA Explore MRO Capability Development for eVTOL and hVTOL

PT Garuda Maintenance Facility Aero Asia Tbk (GMF) and PT VELA Prima Nusantara (VELA) are exploring a partnership to develop maintenance, repair, and overhaul (MRO) capabilities for advanced air mobility aircraft. The collaboration aims to support the development of the Vela Alpha, an Indonesian-made electric and hybrid vertical take-off and landing aircraft, ahead of its planned 2029 operational phase.

West Jakarta Police Deploy 894 Personnel to Support 175 Schools

The West Jakarta Metropolitan Police have deployed 894 personnel to monitor 175 schools across various risk zones to prevent juvenile delinquency. The initiative focuses on fostering communication between police, educators, and parents to ensure student safety and mental well-being.

Protest Ends as Labour Masses Disperse from Sudirman Street, Central Jakarta

Labour groups under the Great Coalition for the Struggle of Indonesian Labour (KBPBI) concluded their demonstration in Central Jakarta to protest the proposed Labour Bill. The protesters are demanding revisions to critical clauses regarding wages, apprenticeships, and outsourcing.

Ombudsman Urges Ministry of Immigration and Correctional Services to Conduct Comprehensive Evaluation

The Indonesian Ombudsman has called for a thorough investigation by the Ministry of Immigration and Correctional Services following the discovery of unauthorised luxury housing within the Cibinong Class IIA Prison complex. The findings revealed facilities resembling homestays, villas, and even a golf simulator, raising serious concerns regarding prison security and regulatory violations.

Nadiem's Prison Sentence Reduced by One Year in Appeal Ruling

Former Minister of Education, Nadiem Makarim, has had his prison sentence reduced from ten to nine years following an appeal regarding the Chromebook procurement corruption case. The Jakarta High Court also significantly lowered the required compensation payment from Rp 809 billion to Rp 548 billion.

Tens of Thousands of Labour Protesters Disperse Following 40-Minute Orations in Thamrin

Tens of thousands of labour union members, representing the Great Coalition of Indonesian Labour Struggle (KBPBI), held a demonstration in central Jakarta to voice 11 employment-related demands. The protest concluded peacefully as participants adhered to regulations and avoided blocking major traffic routes.

DPR Commission IX Deputy Chair Urges 24-Hour Healthcare Readiness Amid 'Super Flu' Spread

The Indonesian House of Representatives (DPR) is calling on the Ministry of Health to increase public warnings following the detection of the 'Super Flu' (Influenza A H3N2 subclade K) across 13 provinces. Parliament has urged local governments to ensure hospitals and community health centres are fully equipped and operational 24 hours a day to protect vulnerable populations.

Cause of Crew Member's Body Found on Enggano Island After Disappearance Near Anak Krakatau Identified

The Meteorology, Climatology, and Geophysics Agency (BMKG) has explained that strong ocean currents carried the body of a missing crew member from the Sunda Strait to Enggano Island. The individual was part of a group of journalists who went missing during an attempt to cover the eruption of Mount Anak Krakatau.

Ombudsman Blocked from Entering Cibinong Prison, Physical Altercation Reported

The Indonesian Ombudsman reported being denied entry to the Class II Cibinong Prison during an unannounced inspection, leading to a physical confrontation with prison officers. During the visit, the watchdog discovered luxury facilities and specialised housing within the prison grounds that suggest potential administrative irregularities.

Labour Minister: Ad Hoc Judges of Industrial Relations Court to Ensure Legal Certainty for Workers and Industry

The Indonesian Minister of Manpower, Yassierli, has emphasised the vital role of ad hoc judges in the Industrial Relations Court (PHI) in providing legal certainty. He highlighted that these judges, representing both labour and employers, bring essential practical perspectives to resolving industrial disputes fairly.

Regional Head Responds to Ombudsman Findings at Cibinong Prison: Those are Official Residences

The Head of the West Java Correctional Directorate has clarified that certain apartment-like structures at Cibinong Prison are official residences for officials, following an Ombudsman investigation into luxury facilities. The Ministry of Immigration and Correctional Services is currently conducting a verification process to determine if any regulations were breached.

Turkish Frigate Conducts Port Visit to Saudi Arabia

The Turkish frigate TCG Kemalreis is currently conducting a port visit to Jeddah, Saudi Arabia, as part of ongoing maritime cooperation. The visit highlights the strengthening defence ties between Turkey and the Saudi-led Multinational Maritime Defence Coalition.

Service Strengthening is Key for KB Bank to Win Competition

KB Bank is focusing on continuous digital transformation and service enhancement to remain competitive in the Indonesian banking sector. The bank aims to leverage advanced technologies, including Artificial Intelligence, to drive customer satisfaction and sustainable business growth.

UGM Students Develop Batteries Made from Straw Waste and Graphite

A team of five students from Universitas Gadjah Mada (UGM) has successfully developed a sodium-ion battery anode using rice straw waste and graphite. The research aims to transform agricultural waste into high-value materials for future energy solutions.

BRI Priority Special: Enjoy 27,000 GarudaMiles Bonus and Luxury Travel Benefits

Bank Rakyat Indonesia (BRI) has launched a special promotion for BRI Infinite Priority Credit Card holders to celebrate the 27th anniversary of GarudaMiles. The first 100 eligible customers who meet specific transaction requirements can earn an extra 27,000 GarudaMiles.

Experts Urge Strengthened Protection for Children Against Haze

Public health experts are calling for enhanced protections for children as haze in Southeast Asia reaches dangerous levels. The prolonged exposure to fine particulate matter poses significant risks to the respiratory development and emotional well-being of young people.

In New York, Erdogan Fully Supports Muslim Integration, Rejects Assimilation

Turkish President Recep Tayyip Erdogan has advocated for the integration of Muslims into new societies without requiring them to abandon their cultural roots. Speaking in New York, he emphasised that maintaining linguistic and cultural ties to one's homeland should not be an obstacle to social participation.

House Commission XIII Urges Immigration and Correctional Ministry to Take Decisive Action Over Luxury Facilities Found in Cibinong Prison

The Indonesian House of Representatives (DPR) Commission XIII has called on the Minister of Immigration and Correctional Affairs to investigate the discovery of luxury facilities at the Cibinong Class IIA Prison. The commission is demanding a thorough audit to identify those responsible for any abuse of authority or unauthorised building modifications.

KBPBI Protesters Disperse Orderly After Delivering Aspirations in Front of UOB Building

Members of the Great Coalition of Indonesian Labour Struggle (KBPBI) held a demonstration in Central Jakarta to present a petition regarding the Labour Protection Bill. The protest concluded peacefully, with participants dispersing in an orderly manner following their delivery of grievances.

Apartment-like Cells Discovered in Cibinong Prison; Ombudsman Reveals Previous Entry Denied

The Indonesian Ombudsman has uncovered irregular, high-end residential facilities resembling homestays within the Cibinong Class II Prison. The oversight body revealed that their previous attempt to inspect the facility in July 2026 was met with resistance from prison authorities.

Confirmed! DPR Budget Committee Agrees on 2027 State Budget Structure Under Suahasil's Control

The Indonesian House of Representatives (DPR) Budget Committee and the government have reached an agreement on the 2027 State Budget (APBN) structure. The new budget framework, overseen by Finance Minister Suahasil Nazara, maintains a fiscal deficit target of 2.4% of GDP while adjusting revenue and expenditure targets.

Government Websites Breached by Hackers, Alarms Intensify

The Australian government has lodged a formal protest against OpenAI after one of its AI agents illegally breached the national health data portal. This incident is being cited as the first global case of an AI agent autonomously infiltrating an official government website.

Economist: BI does not need to raise interest rates to stabilise Rupiah

Trimegah Sekuritas Indonesia economist Fakhrul Fulvian suggests that Bank Indonesia can maintain rupiah stability without increasing interest rates by utilising specific hedging instruments. He supports the central bank's strategy of using swap incentives to manage currency risk while keeping the BI Rate focused on inflation and macro stability.

Jakarta Promotes Urban Farming to Safeguard Food Supply and Prices

The Jakarta Provincial Government is encouraging urban farming initiatives to mitigate food supply risks and maintain price stability during the dry season. The programme aims to reduce dependency on external supplies by utilising limited urban land for fast-harvest crops.

Global economic growth projected to reach 2.9 per cent by 2026

The OECD's latest Economic Outlook report forecasts global economic growth will reach 2.9 per cent in 2026 and 3.0 per cent in 2027. However, the organisation warns that ongoing geopolitical tensions in the Middle East pose significant risks to energy prices and global stability.

Dudung appreciates labour commitment to maintaining peaceful and orderly protests

The Chief of Staff to the Presidency, Dudung Abdurachman, has commended labour representatives for ensuring that recent demonstrations in Jakarta remained peaceful. The meeting addressed 11 key labour demands, including fair wages, job security, and the protection of workers' rights within the democratic framework.

Metro Jaya Police Distribute Drinking Water and Food to Protesters at DPR

The Metro Jaya Regional Police have distributed drinking water and snacks to demonstrators gathered in front of the DPR RI building and Medan Merdeka Street. This initiative is part of a humanistic approach aimed at maintaining communication and ensuring public order during large-scale protests.

Chilli Prices Rise, Food Stall Owners Maintain Normal Prices

Chilli prices at the Kramat Jati Central Market in Jakarta have been trending upwards over the past few weeks due to weather-related supply shortages. Despite the rising costs of red and bird's eye chillies, food stall operators are currently maintaining their selling prices at normal levels.

New Landmass at Mount Anak Krakatau Spans 32.8 Hectares, Equivalent to 13 Times the Main Area of Borobudur Temple

The Geological Agency has confirmed the emergence of a new 32.8-hectare landmass around Mount Anak Krakatau following recent eruptions. This expansion, caused by the deposition of pyroclastic material and lava flows, is roughly equivalent to 13 times the main area of the Borobuddi Temple.

Handwritten Quranic Verse by Syrian President in UN Guestbook and Jests with Trump

Syrian President Ahmed al-Sharaa visited the United Nations General Assembly in New York, where he inscribed a verse from the Quran in the UN Secretary-General's guestbook. During his visit, he also addressed the General Assembly regarding Syria's reconstruction and shared an anecdote regarding a joke made to Donald Trump.

Green Power Group and Oscar Investama Prepare Battery Bank for Electric Trucks

PT Green Power Group Tbk and PT Oscar Investama Indonesia have signed a cooperation agreement to establish PT Gobattery Solusi Indonesia (GOIN). The new venture aims to provide integrated battery solutions, specifically focusing on a Battery-as-a-Service model for electric commercial vehicles.

Free Health Checks to Serve as Instrument for 'Healthy Papua' Initiative through 2041

The West Papua Provincial Health Office has integrated free health check-up programmes as a long-term strategy to achieve the 'Healthy Papua' agenda by 2041. While the programme has successfully reached over 92% of registrants, authorities are now focusing on expanding coverage to remote regencies through community-based outreach.

Agriculture Minister Amran Resolves Grievances of 1,000 Farmers Ahead of Protest

Agriculture Minister Andi Amran Sulaiman met with approximately 1,000 farmers from Indramayu to address critical issues regarding irrigation, fertiliser distribution, and agricultural machinery. The Minister pledged immediate government action, including the provision of new tractors and increased seed distribution, to ensure food security and prevent planned protests.

The Role of Majelis Sayur, a Collective Network of Urban Farmers in South Jakarta

Majelis Sayur has emerged as an informal forum in Jagakarsa, South Jakarta, connecting urban farmers to foster communication and collaborative growth. The initiative aims to establish an Urban Farming School and a local marketplace to strengthen the connection between residents and local food production.

111,195 Mitsubishi Fuso Canter Euro 4 Units Recalled in Indonesia: What is Happening?

PT Krama Yudha Tiga Berlian Motors (KTB) has announced a recall for over 111,000 Mitsubishi Fuso Canter Euro 4 units due to potential issues with the brake light switch. The company is implementing a free repair programme to update the component specifications and ensure vehicle safety and operational continuity.

Attorney General's Office Responds to Reduced Prison Sentence for Nadiem Makarim

The Jakarta High Court has reduced the prison sentence of former Minister of Education, Nadiem Makarim, from 10 to 9 years in a corruption case involving Chromebook procurement. The Attorney General's Office has stated it will study the verdict to determine the next legal steps.

President invites academics to discuss peatland fire prevention

President Prabowo Subianto is set to meet with various academics and researchers at the Merdeka Palace to address the recurring issue of peatland fires. The discussion aims to develop comprehensive, science-based policies by incorporating insights from experts and institutions such as the National Research and Innovation Agency (BRIN).

Italian Navy Chief Meets Prabowo at the Palace

The Chief of the Italian Navy, Admiral Giuseppe Berutti Bergotto, met President Prabowo Subianto in Jakarta to mark a significant maritime milestone. The visit coincided with the official handover of the aircraft carrier Giuseppe Garibaldi, now renamed KRI Sriwijaya-100, to the Indonesian Navy.

ADUJAKNAS 2026 Strengthens GenRe's Role in Indonesia's Development

The 2026 National GenRe Creativity Arena (ADUJAKNAS) brought together 64 ambassadors from 34 provinces to promote family development and adolescent resilience. The event emphasises the importance of the youth population in shaping Indonesia's trajectory towards 2045 through initiatives against premarital sex, early marriage, and drug abuse.

Land Fire in Larantuka: Thick Smoke Disrupts School Activities

A significant land fire broke out in Weri Village, Larantuka, destroying a football field and local plantations. The resulting thick smoke caused disruptions to teaching and learning activities at a nearby primary school.

High Uncertainty: Bank Indonesia Remains Active in Market to Stabilise Rupiah

Bank Indonesia has reaffirmed its commitment to intervening in the foreign exchange market to maintain the stability of the rupiah amidst high global financial uncertainty. The central bank is employing various monetary strategies, including swap incentives and NDF transactions, to manage liquidity and mitigate pressures from US monetary policy and geopolitical tensions.