Indonesian Political, Business & Finance News

Archive: 24 September 2026

Showing 1,001-1,050 of 1,383 articles

Video: Bank Funds Flowing into Green Economy to Mitigate Climate Risks

The Indonesian banking sector, including state-owned banks (Himbara), is increasingly prioritising sustainable finance to mitigate climate change risks. This strategic shift aims to address environmental impacts on the economy while simultaneously creating new business opportunities through green financing products.

PLN EPI Establishes Integrated Waste Processing Facility Near Lombok Gas Power Plant

PT PLN Energi Primer Indonesia (PLN EPI) has launched a community-based integrated waste management facility near the Lombok Peaker Gas Engine Power Plant in Mataram. The initiative utilises a 'reduce, reuse, and recycle' (TPS3R) concept, incorporating Black Soldier Fly (BSF) maggot cultivation to transform organic waste into economic value.

JCI Drops 1% to Level 6,311

The Indonesia Composite Index (JCI) declined by over 1% during the mid-day session on Thursday, following a period of significant gains. Investors are closely monitoring the impact of Bank Indonesia's decision to maintain interest rates at 5.75% and the surge in US Treasury yields.

Breaking! JCI Drops 1% to Level 6,311

The Indonesia Composite Index (JCI) experienced a decline of over 1% during the mid-day session on Thursday, following a period of significant gains. Investors are closely monitoring the impact of Bank Indonesia's decision to maintain interest rates and the surge in US Treasury yields.

Government Considers LPS Guarantee for Cooperative Deposits, Prepared to Amend Law

The Indonesian government is exploring a proposal to allow the Indonesia Deposit Insurance Corporation (LPS) to guarantee savings held in cooperatives, similar to bank deposits. Coordinating Minister for Economic Affairs Airlangga Hartarto suggested that legislative amendments could provide the necessary legal certainty for this initiative.

Ministry of Energy and Mineral Resources ensures 100% household electrification by 2029

The Indonesian Ministry of Energy and Mineral Resources has set a target to achieve 100 per cent household electrification across the country by 2029. To reach this goal, the government is implementing various rural electrification programmes and expanding access to remote and mountainous regions.

El Niño Disaster Worsens, 450,000 People at Risk of Death

Extreme heatwaves driven by the El Niño phenomenon are projected to persist until next February, threatening the lives of approximately 450,000 people globally. Research indicates that Indonesia is among the nations facing significant risks, with an estimated 19,000 potential fatalities.

Bank Indonesia Addresses US Dollar Reaching Rp17,900, Identifying Key Drivers

Bank Indonesia has identified global monetary tightening expectations and domestic importer demand as the primary drivers behind the rupiah's depreciation to Rp17,900 per US dollar. The central bank remains committed to market interventions and pro-market monetary strategies to maintain exchange rate stability.

Trump Welcomes Xi Jinping to Washington as US, China Extend Trade Truce

US President Donald Trump has welcomed Chinese President Xi Jinping to Washington for a high-profile summit following the agreement to extend the bilateral trade truce until 10 January. The discussions are expected to cover critical issues including tariffs, artificial intelligence, and geopolitical tensions regarding Taiwan and Iran.

KRL Commuter Passengers Reach 1.1 Million Per Day

PT Kereta Api Indonesia (KAI) is implementing significant infrastructure upgrades to accommodate a projected surge in Jabodetabek commuter rail passengers. The company aims to prepare for a future capacity of 2 million passengers per day by upgrading traction substations, extending electrification, and improving signalling systems.

Bank Indonesia and Hong Kong Monetary Authority Begin Discussions on QRIS Usage

Bank Indonesia and the Hong Kong Monetary Authority have signed a Memorandum of Understanding to explore the implementation of cross-border QR code-based payments. The agreement aims to enhance bilateral cooperation and develop effective mechanisms for faster, more transparent, and inclusive cross-border transactions.

Solar biomass dryer cuts nutmeg drying time in Fakfak: Ministry

A new Smart Solar Biomass Dryer developed by Hasanuddin University has significantly reduced nutmeg drying time from seven days to just two in West Papua. The technology, which utilises solar and biomass energy, aims to mitigate post-harvest losses caused by unpredictable weather conditions for local farmers.

TNI Member Involved in Altercation with Samarinda Municipal Police During Cafe Raid; District Commander Apologises

The Commander of Kodim 0901/Samarinda has issued a formal apology following a viral incident where a soldier engaged in a dispute with Satpol PP officers during a cafe raid. The military personnel involved is currently undergoing investigation by the Military Police (Denpom) and faces potential legal sanctions.

The Misery of Gaza's Women: Traded for Food and Forced into Marriage with Rapists

A United Nations Population Fund (UNFPA) study reveals a staggering 123% increase in child and forced marriages across Gaza during the first quarter of 2026. The report highlights how extreme food insecurity and the humanitarian crisis are driving women and girls into situations of sexual exploitation and forced unions.

Hilman Latief Admits Receiving 16,000 Saudi Riyals and US Dollars from Hajj Case Defendant

The former Director General of Hajj and Umrah Organistion, Hilman Latief, has testified in court regarding the receipt of foreign currency from a defendant in the 2023-2024 Hajj quota corruption case. The testimony details the handover of Saudi Riyals and US Dollars during legal proceedings involving former Minister of Religious Affairs, Yaqut Cholil Qoumas.

Alleged Possession of Dozens of Luxury Houses: Examining the Salary of Police Inspector Yayat

Police Inspector Yayat Sudrajat has come under scrutiny following his involvement in a bribery investigation involving the Regent of Bekasi. The Corruption Eradication Commission (KPK) alleges the officer possesses numerous luxury properties across several regions, raising questions regarding the discrepancy between his official salary and his wealth.

Police Coordinating with Forensics and Sutrimo's Representatives Regarding Exhumation Results

The Jakarta Metropolitan Police are currently coordinating with forensic doctors and the legal counsel of the late Sutrimo to schedule the announcement of exhumation results. The investigation follows the exhumation of Sutrimo, a former employee of the former Head of the Special Crimes Division, Febrie Adriansyah.

National Food Agency strengthens KDKMP as distribution channel for SPHP rice to ensure price stability

The National Food Agency (Bapanas) is enhancing the role of the Merah Putih Village/Sub-district Cooperatives (KDKMP) to distribute SPHP rice. This initiative aims to stabilise food prices and expand public access to essential commodities through regulated distribution channels.

From Debates to Energy Innovation Ideas: The Winners of PGTC 2026 Announced

PT Pertamina (Persero) has announced the winners of the Energy Debate Championship (EDC) and the Energynovation Ideas Competition (EIC) as part of the 2026 Pertamina Goes to Campus programme. The competitions aimed to engage university students in addressing strategic energy issues and developing innovative solutions for sustainable energy transition.

New Land Emerges Near Anak Krakatau: A Look Back at the 'Birth' of the Volcano

New land measuring 32.8 hectares has emerged near Anak Krakatau in the Sunda Strait following recent volcanic activity. The Geological Agency of the Ministry of Energy and Mineral Resources attributes this expansion to the deposition of pyroclastic material and lava flows.

The Two Guardians Behind Railway Journey Safety

An in-depth look at the vital role of Track Inspection Officers (PPJ) in ensuring the safety of Indonesia's railway networks. The article highlights the rigorous inspection processes and the challenges of managing both infrastructure defects and human interference near tracks.

Pylontech Begins Mass Production of 588Ah and 601Ah LFP Cells for Energy Storage Systems

Pylontech has commenced mass production of its new 588Ah and 601Ah prismatic LFP cells at its Hefei facility. These advanced cells are designed for utility-scale energy storage systems, offering higher energy density and improved economic value for large-scale projects.

Chronology of Alleged Free Nutritious Meal Poisoning Affecting 276 People in Batang

At least 276 students and parents in Batang, Central Java, have reportedly suffered from food poisoning following the consumption of Free Nutritious Meals (MBG). Local authorities have suspended the operations of the food supplier and are awaiting laboratory results to confirm the cause, which is suspected to be egg-based dishes.

VP Gibran Diploma Lawsuit Equals Impeachment, Says KPU

The General Election Commission (KPU) has argued before the Constitutional Court that legal challenges regarding Vice President Gibran Rakabuming Raka's educational credentials constitute an impeachment motion. The KPU maintains that the disqualification of an inaugurated official must follow the specific constitutional procedures involving the People's Consultative Assembly rather than election dispute mechanisms.

BRI Offers Extra 27,000 GarudaMiles for Infinite Priority Credit Card Holders

Bank Rakyat Indonesia (BRI) has launched a special promotion to celebrate the 27th anniversary of GarudaMiles, offering 27,000 extra miles to eligible premium customers. The programme targets high-net-worth individuals and frequent travellers who meet specific transaction thresholds within the first two months of card activation.

PDIP Claims Proposal to Hold Legislative Elections Before Presidential Election is Inaccurate

PDIP officials have expressed scepticism regarding a proposal by Golkar's Ahmad Doli Kurnia to hold legislative elections before presidential elections. While acknowledging the complexity of simultaneous elections, the party argues that separating the two could improve oversight and prevent political interference.

Metro Jaya Regional Police Prioritise Humanist Approach in Overseeing Public Demonstrations

The Metro Jaya Regional Police have implemented a persuasive and humanist approach to managing various public demonstrations in Jakarta. The strategy aims to protect the democratic right to express opinions while ensuring that the daily economic and social activities of the general public remain undisturbed.

Investment Credit Grows by 25.11 Per Cent, Driving Bank Intermediation Strength

Bank Indonesia Governor Destry Damayanti reported that investment credit growth has reached 25.11 per cent, significantly boosting overall banking intermediation to 13.65 per cent. This growth is supported by Bank Indonesia's macroprudential liquidity incentives and a robust capital adequacy ratio within the banking sector.

Patient in Ambulance Obstructed by BYD Car in Solo Passes Away

An elderly patient, Suparjo, has died at RSUD dr Moewardi after an ambulance transporting him was allegedly obstructed by a white BYD vehicle in Solo. The incident, which went viral on social media, has sparked significant public concern regarding road etiquette and emergency vehicle priority.

Six Flights Cancelled Today Due to Mount Ile Lewotolok Eruption

The eruption of Mount Ile Lewotolok in East Nusa Tenggara has led to the cancellation of six flights and the temporary closure of Wunopito Lewoleba Airport. Authorities have issued warnings for residents and tourists to avoid the areas surrounding the volcano due to the risk of lava flows and volcanic ash.

A Great Mission and Task! These are the Three 'Srikandi' of the Indonesian Economy

Coordinating Minister for Economic Affairs Airlangga Hartarto has highlighted the increasing role of women in strategic economic positions in Indonesia. He specifically identified the Governor of Bank Indonesia, the Chair of the Deposit Insurance Corporation, and the Head of BPS as key figures tasked with supporting the nation's 8% economic growth target by 2029.

Price list for three gold brands at Pegadaian this Thursday

The latest gold prices at Pegadaian for the Galeri24, Antam, and UBS brands have been released. Prices vary significantly depending on the brand and the weight of the gold purchased, with Antam currently showing the highest price per gram.

Teacher Protests Being Asked to 'Sniff' Free Nutritious Meals Like a Tracking Dog; National Nutrition Agency Responds

A teacher's viral video protesting instructions to smell Free Nutritious Meal (MBG) menus before distribution has prompted a response from the National Nutrition Agency (BGN). The BGN clarified that while teachers are encouraged to perform organoleptic tests to ensure food quality, there was no instruction to 'sniff' food like a tracking dog.

Bareskrim Thwarts Smuggling of 28.3kg of Crystal Meth from Malaysia, Two Couriers Arrested

The Indonesian National Police's Criminal Investigation Directorate (Bareskrim) and Bengkalis Customs have intercepted a major international drug trafficking attempt involving 28.3kg of crystal methamphetamine. Two individuals, acting as land and sea couriers, were apprehended during the operation in Riau.

Prabowo to Hold Limited Meeting on Forest Fires at Palace Today, Summoning Experts

President Prabowo Subianto is set to convene a limited meeting at the Presidential Palace to discuss mitigation strategies for forest and land fires. The meeting will involve experts and focus on preventing the annual recurrence of these disasters through better equipment and education.

Police Investigating 'Hunting Muhammad' Book Over Alleged Blasphemy

The Jakarta Metropolitan Police are investigating the emergence of two books, titled 'Not the Virgin Mary' and 'Hunting Muhammad', following allegations of religious blasphemy. Social media users have raised concerns over content deemed offensive to specific religious groups and linked to controversial ideologies.

DoGo Power Launches Smart Grid-Forming ESS and Prepares for Global Orders

DoGo Power has unveiled its new 'Scenario-oriented + Grid-Forming + AI' strategy alongside advanced smart grid-forming energy storage solutions (ESS). The company aims to lead the transition towards high-quality energy storage by integrating AI and grid-forming technology for commercial, industrial, and utility-scale applications.

Luxury Apartment-style Room Found by Ombudsman in Cibinong Prison; Yusril Invites Media to Verify

The Coordinating Minister for Law, Human Rights, Immigration, and Correctional Affairs, Yusril Ihza Mahendra, has invited the press to personally inspect the Cibinong Class II A Prison following reports of luxury facilities. The investigation follows findings by the Ombudsman regarding apartment-standard rooms located behind the prison complex.

Bank Indonesia Digitalises Local Government and Citizen Payment Systems to Boost Purchasing Power

Bank Indonesia is aggressively expanding digital payment systems across local governments to improve transaction efficiency and support national purchasing power. The central bank is also enhancing digital financing infrastructure through initiatives such as the Indonesian Credit Card (KKI) and upgraded real-time gross settlement systems.

Rieke Diah Pitaloka Responds After Being Reported to House Ethics Council by Andre Taulany's Ex-Wife

PDIP lawmaker Rieke Diah Pitaloka has addressed allegations of legal interference following a report filed against her at the House Ethics Council (MKD). The complaint, filed by Erin Wartia Trigina, alleges that Rieke exceeded her authority while accompanying a former domestic worker during a police report process.

Deputy Minister of Manpower: Labour Bill Provides Balanced Legal Certainty

The Indonesian Deputy Minister of Manpower, Afriansyah Noor, has stated that the proposed Labour Protection Bill aims to balance investment ease with worker welfare. The government targets the ratification of this legislation by October 2026 through intensive cross-sectoral collaboration.

Head of Islamic Boarding School Resigns After Leaked Recording Shows Plea to Conceal Sexual Abuse

The leader of the Abul Barokat Wannafahat Islamic boarding school in West Nusa Tenggara has resigned following the viral leak of an audio recording. In the recording, the individual, known as Abah, is heard pleading with students to suppress allegations of sexual abuse to protect the institution's reputation.

BNPP RI Ensures Readiness of Indonesia-Papua New Guinea Connectivity

The National Border Management Agency of the Republic of Indonesia (BNPP RI) has inspected the Butmambin Border Post to assess cross-border connectivity between Indonesia and Papua New Guinea. The initiative aims to boost local economies, facilitate trade, and provide an alternative logistics route for fuel distribution to the Ok Tedi mining area.

Stock Prices Soar, Indonesia Stock Exchange Suspends ASPI, SINI, and IDEA Shares

The Indonesia Stock Exchange (IDX) has implemented a trading suspension on the shares of three companies—ASPI, SINI, and IDEA—following significant cumulative price increases. This 'cooling down' measure aims to protect investors and allow market participants sufficient time to evaluate information before making investment decisions.

Heavy Traffic and Police Presence on Sudirman-Thamrin Ahead of Major Labour Protest

A large-scale peaceful demonstration by approximately 50,000 labourers is expected to take place in Jakarta to present 11 key demands regarding employment protection. The protest, organised by the KBPBI coalition, aims to convey aspirations directly to President Prabowo Subianto following months of failed diplomatic efforts.

Ministry of Population and Family Development Strengthens Male Contraception Education to Correct Myths

The Ministry of Population and Family Development (Kemendukbangga/BKKBN) is intensifying educational efforts to dispel misconceptions regarding male contraception. The initiative aims to increase male participation in family planning programmes by providing accurate information on reproductive health and modern contraceptive innovations.

Directorate General of Corrections Forms Team to Inspect Luxury Cells in Cibinong Prison, Bogor

The Directorate General of Corrections has established a special task force to investigate reports of luxury facilities, including an apartment-style cell, at the Class IIA Cibinong Prison. The inspection follows findings released by the Indonesian Ombudsman regarding unauthorised high-end amenities within the correctional facility.

ASABRI Expands Access to Social Security Services to Remote Areas of Maluku

PT ASABRI (Persero) Ambon Branch is intensifying its outreach programmes across the Maluku archipelago to ensure social security benefits reach personnel in remote locations. The initiative focuses on combining face-to-face socialisation with digital service adoption to overcome significant geographical and logistical challenges.

CATL Begins Production Trials for Battery Cells in Hungary

Contemporary Amperex Technology Co. Limited (CATL) has commenced production trials at its newly constructed battery cell factory in Debrecen, Hungary. Once fully operational, the facility will serve as CATL's largest manufacturing base outside of China, with a capacity of 100 GWh, supporting Europe's electric vehicle supply chain.

Government Promotes Spatial Planning for Miangas-Marampit Border Regions

The Indonesian National Border Management Agency (BNPP) and the Ministry of Agraria and Spatial Planning are collaborating to develop detailed spatial plans for the Miangas and Marampit border areas. The initiative aims to balance national security with economic growth and infrastructure development in these strategic outermost islands.