Indonesian Political, Business & Finance News

Archive: 24 September 2026

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Father of Deputy Minister of Communication and Digital, Nezar Patria, Passes Away

The father of Indonesia's Deputy Minister of Communication and Digital, Nezar Patria, has passed away in Banda Aceh. Sjamsul Kahar bin M. Daham Nuh was a prominent figure, serving as the General Leader and Founder of Harian Serambi Indonesia.

Electric boats help Kelan fishermen reduce operational costs

Fishermen in Kelan Village, Bali, are significantly reducing fuel expenses by adopting electric boats powered by solar energy. Supported by PT Pertamina International Shipping, the initiative also promotes eco-friendly mangrove tourism and sustainable waste management.

Free University Tuition Funded by Corruption Recoveries

The Indonesian government is calculating the budget required to eliminate tuition fees for students at state universities. While President Prabowo Subianto suggested using recovered corruption funds to finance this initiative, experts warn that such unpredictable revenue is insufficient for the recurring costs of higher education.

Directorate General of Corrections Inspects Discovery of Apartment-style Facilities in Cibinong Prison

The Directorate General of Corrections (Ditjenpas) has deployed a team to Cibinong Class IIA Prison to investigate reports of luxury facilities for inmates. Following an Ombudsman RI investigation, luxury structures including mini-golf courses and apartments were discovered near the prison warden's official residence.

Could it get heated? 6 issues to be discussed by Trump and Xi Jinping in the US today

US President Donald Trump is set to host Chinese President Xi Jinping in Washington for a high-stakes summit. The discussions are expected to cover critical issues including trade war tensions, Boeing aircraft orders, agricultural trade, and the strategic importance of rare earth minerals.

6 Key Issues to be Discussed at Trump-Xi Summit in the US Today

US President Donald Trump is set to host Chinese President Xi Jinping in Washington for a high-stakes summit aimed at stabilising bilateral relations. The discussions are expected to cover critical topics including trade war tensions, Boeing aircraft orders, rare earth minerals, and the geopolitical status of Taiwan.

Widespread Poisoning, Lax Investigations

The Free Nutritious Meal (MBG) programme is facing intense scrutiny following widespread food poisoning incidents, with over 43,000 victims recorded since 2025. There are growing calls for the government to conduct a comprehensive review of the programme's oversight and accountability, given the significant drain on the state budget and the failure of many kitchens to adhere to safety standards.

Who Owns the Luxury Cell in Cibinong Prison? West Java Correctional Services Remain Silent

The West Java Regional Office of the Directorate General of Correctional Services is currently investigating the discovery of luxury cells within the Cibinong Class IIA Prison. Following findings by the Indonesian Ombudsman, officials have declined to name the inmates benefiting from these facilities until the internal probe is complete.

West Java Correctional Office Responds to Luxury Facilities Discovery at Cibinong Prison

The West Java Regional Office of the Directorate General of Corrections is conducting an in-depth investigation following findings by the Ombudsman RI regarding luxury facilities within the Cibinong Class IIA Prison. The Ombudsman has called for the immediate demolition of the unauthorised structure and a restructuring of prison leadership.

Metro Jaya Police Conduct Cyber Patrol to Anticipate Rioters During Labour Protests Today

The Metro Jaya Regional Police have initiated cyber patrols on social media to prevent potential disturbances during various labour demonstrations scheduled for today. A massive deployment of over 26,000 personnel has been organised to ensure public order and protect public facilities across Jakarta.

North Sumatra Regional Police Reject Exhumation of Lorenza's Grave, What is the Reason?

The North Sumatra Regional Police have denied a request from the family of Winda Lorenza Gowasa to exhume her grave to re-examine the cause of death. The family is seeking transparency and a new autopsy to determine whether the death was a suicide or a homicide.

Palestine Issue Becomes Main Topic at UN General Assembly Session

Attempts to prevent the Palestinian President and delegation from participating in the UN General Assembly have failed as the Palestinian issue remains a central theme in international speeches. Despite visa restrictions imposed by the United States, Palestinian representation continues to be a focal point for Arab and Islamic nations.

Nadiem attends appeal hearing following 10-year prison sentence today

Former Minister of Education, Nadiem Anwar Makarim, is attending an appeal hearing at the Jakarta High Court regarding his 10-year prison sentence. The case involves alleged corruption related to the procurement of Chromebooks and digital education tools during his tenure.

IDX weakens amid expectations of further Fed rate hikes

The Indonesia Composite Index (IHSG) declined on Thursday morning as market participants braced for potential interest rate increases by the US Federal Reserve. Investors are also monitoring geopolitical tensions between the US and Iran, as well as shifts in Indonesian tax incentives following the implementation of the Global Minimum Tax.

Two Key Figures Accumulate ASII Shares at Rp4,800 Range

The President Director and a Commissioner of PT Astra International Tbk have significantly increased their holdings in the company. These strategic acquisitions were made through multiple transactions at prices ranging between Rp4,790 and Rp4,850 per share.

Indonesian National Police Prioritise Humanist Approach to Oversee National Farmers' Day Protests

The Indonesian National Police (Polri) have announced a measured and human-centric approach to managing demonstrations marking National Farmers' Day. The strategy focuses on ensuring the right to free expression is upheld while maintaining public order and minimising disruption to city mobility.

Super El Niño Predicted to Trigger 451,000 Deaths Globally, Indonesia to Reach 19,300

A report by the Climate Impact Lab predicts that the upcoming Super El Niño could lead to 451,000 deaths worldwide due to extreme heat exposure. Indonesia is projected to face the second-highest mortality rate globally, highlighting an urgent need for enhanced climate adaptation and emergency response strategies.

Indonesian National Police Move Swiftly to Evacuate Residents Affected by Flash Floods in Solok, West Sumatra

The Indonesian National Police (Polri) have deployed emergency personnel and heavy machinery to assist victims of a devastating flash flood in Solok, West Sumatra. The operation includes search and rescue efforts for missing persons, the provision of emergency shelters, and the clearing of debris blocking vital infrastructure.

National Farmers' Day: From Renewable Energy to Food Production and Farmer Independence

PT Pertamina Geothermal Energy is utilising excess geothermal steam in Kamojang to accelerate the production of organic fertiliser through the GeO-Fert innovation. This initiative has significantly reduced fertiliser drying times and helped local farmers achieve substantial cost savings and increased crop yields.

When being 'lazy' actually paves the way towards a prosperous life

The concept of the 'lazy economy' is gaining traction in Indonesia, representing a shift towards prioritising time-saving services over manual labour. This economic trend reflects a growing consumer desire to outsource routine tasks to reclaim valuable time for more meaningful pursuits.

Super El Nino Projected to Cause More Than 450,000 Heat Deaths by February

Climate scientists warn that a powerful Super El Nino could lead to over 450,000 additional heat-related deaths globally by February 2027, with Indonesia identified as one of the most heavily affected nations. The phenomenon also threatens global food security, potentially pushing 50 million people into acute hunger and driving up food prices.

CPO Prices Slump, But India Provides Good News for Indonesian Palm Oil Producers

Despite a recent decline in crude palm oil (CPO) prices, Indonesian exporters may find relief as India slashes import duties on vegetable oils. This policy change aims to curb domestic prices ahead of the festival season and could significantly boost demand for Indonesian palm oil.

China-Affiliated Coal Power Plants in Indonesia Reach 17.1 GW

A report by the Centre for Research on Energy and Clean Air (CREA) reveals that China-affiliated coal-fired power plants in Indonesia have reached a capacity of 17.1 GW. This expansion is largely driven by the energy demands of downstreaming industries, such as nickel and aluminium, despite China's global commitment to halt overseas coal development.

8,500 Cirebon Residents Work as Migrant Workers Abroad, Complaints on the Rise

The number of Indonesian migrant workers from Cirebon Regency has reached approximately 8,500 in the first eight months of 2026, accompanied by a rise in reported legal cases. Local authorities are now focusing on providing better education regarding legal procedures and boosting local industrial investment to create domestic employment opportunities.

WEGE Secures Top-Tier Green Building Certificate for Paspampres Flats in IKN

PT Wijaya Karya Bangunan Gedung Tbk (WEGE) has achieved the highest 'Utama' rating for its Green Building Certificate for the Presidential Security Force (Paspampres) apartment project in the New Capital, Nusantara (IKN). The project, valued at Rp1.84 trillion, adheres to strict sustainability standards regarding energy efficiency, water management, and eco-friendly construction.

Gold drives 22.6 per cent business growth for Pegadaian Jakarta

PT Pegadaian's Jakarta Regional Office VIII has reported a 22.6 per cent increase in business growth for the first half of 2026, driven by rising interest in gold investments. The company achieved a profit of Rp1.1 trillion and expanded its customer base to approximately 2.47 million people across the Jakarta and surrounding areas.

OttoDigital supports the expansion of QRIS adoption for business owners

Fintech company OttoDigital is enhancing its OttoPay service to facilitate easier QRIS adoption for businesses through rapid registration and operational support. The initiative aims to assist merchants, particularly MSMEs, in navigating the growing digital payment ecosystem in Indonesia.

Sceye Supports SoftBank Corp. in World's First Laser Ranging Demonstration by Tracking HAPS from Ground

Sceye and SoftBank Corp. have successfully completed the world's first demonstration of laser tracking of a High Altitude Platform System (HAPS) from the ground. This milestone marks a significant step towards developing future free-space optical communications between ground, stratosphere, and space.

PTK Transforms 57 Libraries to Enhance Maritime Literacy and Social Action

PT Pertamina Trans Kontinental (PTK) has revitalised 57 libraries across Indonesia as part of its Social and Environmental Responsibility (TJSL) programme. The initiative aims to boost maritime literacy and support education in various operational regions, marking the company's 57th anniversary.

DJP Auctions 123 Assets from Tax Delinquents: Heavy Machinery to Gold

The West Java Regional Office of the Directorate General of Taxes (DJP) is conducting an auction of 123 assets belonging to 70 tax defaulters. The auction includes heavy machinery, vehicles, precious metals, and property, with a total reserve price of Rp 24.72 billion aimed at recovering significant tax arrears.

Mass Protests from DPR to HI: Metro Jaya Police Deploy 26,000 Personnel for Security

The Jakarta Metropolitan Police have deployed over 26,000 joint personnel to secure various mass demonstrations across Jakarta, including at the DPR building and Bundaran HI. The security operation involves a collaboration between the National Police, TNI, and the Jakarta Provincial Government to ensure public order during 99 scheduled community activities.

Top News: Non-ASN Teachers to Become Civil Servants and Village Cooperative Manager Appointments Issued

A roundup of Indonesia's top news highlights opportunities for non-ASN teachers to transition into civil service roles and the issuance of manager appointments for village cooperatives. Additionally, the Ministry of Finance has projected state spending to reach Rp4,000 trillion by 2027 to bolster human capital and infrastructure.

UAE Central Bank Restricts Activities of Iranian Bank Branches

The Central Bank of the United Arab Emirates has imposed restrictions on all branches of Bank Melli Iran operating within the country. The move follows violations of UAE regulations concerning anti-money laundering, terrorism financing, and the proliferation of weapons of mass destruction.

West Java Taxpayers Fund Rp1.2 Trillion in Educational Assistance

The West Java Provincial Government has announced that tax revenues are being used to provide Rp1.2 trillion in educational aid to nearly one million students. The funding covers school infrastructure, utility bills, and subsidies for private school fees and essential school supplies.

Police deploy 26,386 personnel to secure 99 public activities in Jakarta

The Jakarta Metropolitan Police have deployed over 26,000 personnel from various agencies to manage 99 public events, including 73 demonstrations, across the capital. Security measures include traffic diversions and increased patrols to ensure public order and prevent potential unrest during protests.

Urban Farming Under the Becakayu Toll: Concrete Above, Greenery Below

An initiative in East Jakarta is transforming the unused spaces beneath the Becakayu elevated toll road into productive urban farms. Managed by local public service workers (PPSU), these plots produce various vegetables and ornamental plants to support local food security and community programmes.

With Shares Still Suspended, NICK Opens Up About Business Conditions

PT Charnic Capital Tbk (NICK) has provided a clarification regarding its business operations following a trading suspension by the Indonesia Stock Exchange. The company addressed recent stock price volatility and clarified its financial position, including unrealised investment losses and its strategic focus on green mobility.

TROOPS (NASDAQ: TROO) allocates US$12 million for new unit focused on AI infrastructure in Southeast Asia

Nasdaq-listed group TROOPS, Inc. has committed US$12 million to establish a new business unit dedicated to artificial intelligence infrastructure across Southeast Asia. The expansion includes evaluating sites and partnerships in Indonesia, Malaysia, and Hong Kong to provide services such as GPU-as-a-Service and edge computing.

26,386 Joint Personnel Deployed to Secure September 24 Demonstrations

A massive deployment of over 26,000 security personnel has been organised to oversee 99 public activities and protests across Jakarta. The deployment includes members of the police, military, and local government to ensure order during various demonstrations involving labour unions and students.

With Shares Still Suspended, NICK Opens Up About Business Condition

PT Charnic Capital Tbk (NICK) has provided a clarification regarding its business operations following the suspension of its shares by the Indonesia Stock Exchange. The company addressed recent price volatility and clarified its financial position, focusing on its green mobility and energy subsidiaries.

Report to President Prabowo: Mentawai Regency Requires 115,000 Hectares of Other Use Area

The Regent of Mentawai Islands, Rinto Wardana, has called for the expansion of Other Use Area (APL) to support regional economic growth and infrastructure development. The local government is proposing the conversion of production forest areas to meet the demand for housing, agriculture, and essential public facilities.

AsiaPay Launches First Voice Pay for Merchants Across Asia, Powered by AI for Convenient Smart Payments

AsiaPay has introduced 'Voice Pay', an AI-driven payment solution that allows consumers to execute transactions using voice commands via mobile devices. The technology aims to reduce shopping cart abandonment and enhance the efficiency of the digital economy by integrating seamless authentication and fraud protection.

Germany to become third largest arms exporter in 2025

A recent study by the Centre for Analysis of World Arms Trade (CAWAT) reveals that Germany is projected to become the world's third-largest arms exporter in 2025, overtaking France and South Korea. This surge is driven by significant demand from European nations seeking to replace military equipment transferred to Ukraine.

Economic Hardship Drives Phenomenon of University Graduates Choosing Domestic Work

A growing trend of Indonesian university graduates seeking employment as domestic workers abroad is emerging due to economic pressures. The story highlights how low domestic wages and high living costs are driving skilled workers to find better-paying opportunities in countries like Taiwan, Hong Kong, and Singapore.

Marine Corps Receives 12 Ex-US Marine Corps Amphibious Combat Vehicles

The first batch of 12 amphibious assault vehicles (AAV) has arrived at Tanjung Priok Terminal in Jakarta. This delivery is part of a larger procurement of 35 units intended to bolster the amphibious operational capabilities of the Indonesian Navy's Marine Corps.

From Inclusion to Empowerment: BRI's Social Performance Earns Recognition at Katadata ESG Insight Award 2026

PT Bank Rakyat Indonesia (Persero) Tbk has received the Social category award in the banking sector at the Katadata ESG Insight (KESGI) Award 2026. The award recognises the bank's consistent efforts in implementing ESG principles, particularly in expanding financial access and empowering micro, small, and medium enterprises.

Abah AIS Resigns from Islamic Boarding School Leadership Amid Sexual Harassment Allegations

Ahmad Imanuddin Sumar, known as Abah AIS, has stepped down from his leadership position at the Abul Barokat Wannafahat Islamic boarding school following allegations of sexual harassment. While denying all accusations and vowing to take legal action against accusers and media outlets, he stated his resignation is intended to ensure educational activities continue without disruption.

JustMarkets: How Browser-Based Trading is Transforming Access to Global CFD Markets

JustMarkets has introduced a new browser-based CFD trading platform designed to provide instant access to global markets without the need for software installation. The web-based solution aims to enhance flexibility for traders by allowing seamless transitions between devices and rapid responses to market volatility.

Snapdragon X Series Supports New Googlebooks, the First Laptop Designed for Gemini Intelligence

Qualcomm and Google have announced a collaboration to integrate the Snapdragon X Elite platform into the new Googlebooks laptop category. This new hardware is specifically designed to leverage Gemini Intelligence, offering enhanced AI capabilities and seamless integration with the Android ecosystem.

Online Taxi Driver Allegedly Hypnotised in Bekasi, Motorcycle Stolen

An online taxi driver fell victim to a theft involving a hypnosis modus operandi in Pondok Gede, Bekasi, resulting in the loss of his motorcycle. The incident gained widespread attention on social media, prompting a community fundraising effort that has raised over Rp 7 million to assist the victim.