Indonesian Political, Business & Finance News

Archive: 3 September 2026

Showing 551-600 of 1,545 articles

Thousands of Hectares of Rice Fields Facing Drought, Bekasi Accelerates Kedung Gede Dam Normalisation

The Bekasi Regency government is accelerating the normalisation of the Kedung Gede Dam irrigation channels to combat drought affecting 6,000 hectares of productive farmland. The project focuses on dredging 10 kilometres of channels to ensure water reaches downstream areas in the Pebayuran district.

China Outperforms US as High Domestic Savings Drive Down Bond Yields

China's 10-year government bond yields are significantly lower than US Treasury yields, driven by high domestic savings and deflationary pressures. While high savings rates provide strong demand for government bonds, the trend also reflects weak domestic consumption and limited investment alternatives within the country.

512 Students Poisoned by Free Nutritious Meal: Sidoarjo Service Unit Faces Severe Sanctions Including 30-Day Suspension and Proposed Dismissal of Head

The National Nutrition Agency (BGN) has imposed a 30-day operational suspension on the Sidoarjo Nutrition Service Unit following a mass food poisoning incident involving 512 students. Investigations suggest gross negligence in food distribution timing and labelling, leading to proposals for the dismissal of the unit's head.

Attorney General's Office Responds to Allegations of Tan Kian Giving Rp 40 Billion to Febrie

The Attorney General's Office has stated that allegations regarding property tycoon Tan Kian providing Rp 40 billion to former Jampidsus official Febrie Adriansyah will be addressed during the main trial. This follows a pretrial ruling where a judge noted sufficient preliminary evidence regarding the alleged transfer of Singapore dollars to justify recent investigative actions.

OJK to Limit Indonesia Stock Exchange Ownership to Maximum 5 Per Cent Post-Demutualisation

The Financial Services Authority (OJK) plans to cap share ownership in the Indonesia Stock Exchange (IDX) at 5 per cent following its demutualisation. While a limit is proposed, strategic entities such as Bank Indonesia and the Ministry of Finance may be permitted to exceed this threshold subject to regulatory approval.

Lombok's Sade Village Begins Reconstruction After Fire

Residents of Sade Village in Central Lombok have commenced the reconstruction of traditional Sasak houses and the local mosque following a devastating fire. The initiative, supported by regional government and donors, aims to restore the village's cultural heritage and revive local tourism-driven economic activities.

Prabowo: Indonesia never forgets friendship with Russia

President Prabowo Subianto has reaffirmed Indonesia's long-standing diplomatic ties with Russia during his keynote speech at the 11th Eastern Economic Forum in Vladivostok. He emphasised the importance of moving beyond historical gratitude to forge a new, mutually beneficial chapter focused on economic cooperation and regional stability.

Iranian Embassy in Indonesia Condemns US Military Aggression, 1 September 2026

The Embassy of the Islamic Republic of Iran in Indonesia has issued a formal condemnation of US military strikes targeting Iranian civilian areas and telecommunications infrastructure. The embassy highlighted the tragic loss of life in Hormozgan province and called upon the international community, including Indonesia, to take a firm stand against such violations of international law.

Presidential Regulation on AI Anticipated by Industry as National Development Roadmap

Industry players are eagerly awaiting a Presidential Regulation to provide clear guidance for the development of artificial intelligence in Indonesia. The upcoming regulation aims to align AI innovation with President Prabowo Subianto's eight priority national programmes.

Siemens Healthineers showcases its AI-powered technological innovations to redefine healthcare delivery in Southeast Asia

Siemens Healthineers has hosted its second ASEAN CEO Summit to demonstrate how AI and big data can enhance clinical pathways and patient-centred care. The event featured the formation of the ASEAN Stroke Advisory Board, which includes experts from Indonesia, to improve regional healthcare coordination and stroke system readiness.

Construction of 80 permanent houses for hydrometeorological disaster victims begins in Agam

The Agam Regency Housing and Settlement Department has commenced the construction of 80 permanent housing units in Palembayan District. These homes are intended to provide long-term resettlement for residents affected by the hydrometeorological disasters that struck the region in late 2025.

Ministry of Transport aims to complete revision of aircraft ticket ceiling price formula by September

The Indonesian Ministry of Transport targets the completion of revised regulations for the upper fare limit (TBA) of domestic flights by mid-September 2026. The revision process involves updating the calculation formula before proceeding to adjust the specific fare amounts for various routes.

Before Putin, Prabowo Calls for Doubling Indonesia-Russia Trade

President Prabowo Subianto has challenged Russia to double the value of bilateral trade during the Eastern Economic Forum in Vladivostok. He highlighted how the complementary economic structures of both nations can drive sustainable growth and position Indonesia as a gateway for Russian goods into the ASEAN market.

Sad News: Sampurna the Orangutan, Who Fainted Due to Forest Fire Smoke in West Kalimantan, Declared Dead

The Indonesian Ministry of Forestry has confirmed the death of Sampurna, a Bornean orangutan found suffering from respiratory distress due to forest fire smoke in Ketapang, West Kalimantan. Despite emergency medical interventions and resuscitation efforts, the animal succumbed to acute hypoxia caused by smoke exposure.

President Prabowo invites Russian companies to invest and operate in Indonesia

During the Eastern Economic Forum in Vladivostok, President Prabowo Subianto extended an invitation to Russian enterprises to establish production and collaborative industries in Indonesia. He emphasised that such partnerships could provide Indonesia with enhanced access to the broader Eurasian market.

Rp2.23 Trillion Food Estate Airport Targeted to be Operational by 2029

The Indonesian government is preparing to construct Wanam Airport in South Papua to support the region's food estate initiative. The project, estimated to cost Rp2.23 trillion, is expected to begin physical works in October 2026 once environmental permits and customary land issues are resolved.

Rupiah Strengthens as US Employment Data Falls Short of Expectations

The Indonesian rupiah appreciated by 0.47 per cent against the US dollar following weaker-than-expected US private employment data. This decline in US labour market strength has shifted market expectations regarding Federal Reserve interest rate trajectories, providing support for the local currency.

Deliberate Negligence in Sidoarjo Case, says Sudaryono: If Criminal Elements are Identified, We Cannot Assist

The Head of the National Nutrition Agency (BGN), Sudaryono, has addressed the mass food poisoning incident involving the Free Nutritious Meal programme in Sidoarjo. He identified a failure in food container labelling as a primary cause and warned that those found guilty of criminal negligence will face legal consequences without agency protection.

North Sumatra Regional Police Arrest Woman Over Pornographic Live Streams

The North Sumatra Regional Police Cyber Crime Directorate has apprehended a woman, identified by the initials IP, for allegedly broadcasting pornographic content via social media live streams. Authorities seized various digital evidence, including mobile phones and recordings, following a period of cyber surveillance.

Reflections on the Foundations and Pillars Towards a Developed Indonesia

An editorial reflection on Indonesia's strategic roadmap to achieving 'Golden Indonesia 2045'. The piece emphasises the necessity of moving beyond being a mere consumer of technology to becoming a developer and owner of advanced industrial capabilities.

BYD Subang Factory Inaugurated; Battery Assembly in Indonesia Planned Next

BYD Indonesia has officially inaugurated its first manufacturing plant in the Subang Smartpolitan Industrial Park, West Java. The company plans to expand its local operations to include battery assembly to bolster the domestic electric vehicle ecosystem.

TNI, US, Japanese and South Korean Personnel Conduct Jungle Survival Training

Personnel from the Indonesian National Armed Forces (TNI) are participating in the Super Garuda Shield 2026 joint exercise alongside troops from the US, Japan, and South Korea. The training focuses on jungle survival skills and sniper precision to enhance long-term operational capabilities and regional stability in the Indo-Pacific.

Sucofindo promotes sustainability through cross-sector collaboration

PT Sucofindo (Persero) is strengthening its commitment to business sustainability by fostering strategic partnerships across various sectors. The state-owned testing, inspection, and certification company is focusing on environmental compliance, ESG principles, and community initiatives such as clean water access.

Forest Fire Threats Predicted to Peak in 2027, DPR Urges Early Mitigation

A member of the Indonesian House of Representatives (DPR) has warned that forest and land fires are expected to reach a peak in 2027. He is calling for urgent government action, including strengthening human resources, improving law enforcement, and revising the Forestry Law to prevent massive economic and environmental losses.

Internet Cable Entrepreneurs Speak Out as Starlink Reseller Faces Criminal Charges

The Indonesian Telecommunications Network Providers Association (Apjatel) has expressed support for the Ministry of Communication and Digital Affairs' plan to formalise unauthorised internet resellers. The move follows the prosecution of an individual for providing Starlink services without a permit in the Mentawai Islands.

Indonesian-made Hangers Ready to Decorate Global Supply Chains

PT JSWB Metal Products, based in Semarang, is expanding its production of clothing hangers exclusively for the United States market. Supported by bonded zone facilities from Customs, the company aims to significantly increase its production capacity and investment by 2030.

JCI closes higher supported by combination of domestic and global sentiments

The Indonesia Composite Index (JCI) rose by 1.09 per cent to close at 6,667.89, driven by positive global economic data and domestic stability. Key drivers included weaker US private employment data and the smooth leadership transition at Bank Indonesia.

2026 Karang Taruna Service Month Begins, Budisatrio Urges Grassroots Movement

The Chairman of the National Karang Taruna Board, Budisatrio Djiwandono, has officially launched the 2026 Karang Taruna Service Month with a call for youth empowerment and social impact. The initiative focuses on community service, disaster response, and supporting local MSMEs through various national programmes.

BNPB assesses post-earthquake needs in NTT

The National Disaster Management Agency (BNPB) is conducting a joint needs assessment to map the requirements of residents affected by the 7.7 magnitude Flores earthquake in Sikka, East Nusa Tenggara. The assessment involves a coordinated effort between central and regional governments, alongside various humanitarian organisations, to extend the emergency response period until September 2026.

Seven Goats in Gunungkidul Die Suspected Prey of Mysterious Animals, BKSDA Investigating

Authorities in Gunungkidul are investigating the deaths of seven goats found dead in their pens, with some remains partially consumed. The BKSDA Jogja is currently verifying whether the deaths were caused by wild animal attacks or other factors.

Formation of PBNU Management Structure Entrusted to Rais Aam and General Chair

The formation of the Executive Board of Nahdlatul Ulama (PBNU) management structure for the 2026-2031 period has been delegated to the elected Rais Aam and General Chair. The process is expected to be completed within one month following the 35th NU Muktamar.

Ministry of Forestry strengthens integrated monitoring of forest fire impacts on air transport

The Indonesian Ministry of Forestry is intensifying integrated monitoring of forest and land fires to mitigate impacts on air transport connectivity. The initiative focuses on tracking hotspots, air quality, and visibility to ensure flight safety and provide guidance for economic activities.

Netanyahu Visits Israeli Troops in Gaza: We Will Not Retreat!

Israeli Prime Minister Benjamin Netanyahu visited troops in the Gaza Strip to reaffirm Israel's commitment to maintaining its military presence. Despite international pressure and US-backed peace proposals, Netanyahu vowed that military operations will continue until Hamas is completely disarmed.

Husband and Wife in Tangerang Named Suspects After Tramadol Sale Uncovered Following Extortion Attempt

A married couple running a shop in Tangerang has been detained by police after their illegal sale of Tramadol was discovered during an investigation into an extortion attempt. The investigation began when a group of individuals impersonating police officers attempted to extort the shop owner, leading to the discovery of controlled substances.

Purbaya to Continue Reducing MBG Budget to Achieve Efficiency Below Rp 200 Trillion

Finance Minister Purbaya Yudhi Sadewa aims to further reduce the budget for the Free Nutritious Meal (MBG) programme through technological integration and stricter oversight. Following previous budget cuts, the Minister believes the 2027 allocation can be lowered from Rp 240 trillion to below Rp 200 trillion.

Destry: Bank Indonesia cannot rely solely on monetary policy to face global complexities

Bank Indonesia Governor Destry Damayanti has stated that monetary policy alone is insufficient to navigate the current global 'higher for longer' interest rate environment. To support domestic growth and maintain rupiah attractiveness, the central bank is increasingly utilising macroprudential instruments and liquidity incentives.

512 Students Poisoned by Free Nutritious Meal, Head of National Nutrition Agency Admits SPPG Negligence

The Head of the National Nutrition Agency (BGN), Sudaryono, has attributed a mass food poisoning incident involving 512 students in Sidoarjo to negligence by the Nutrition Fulfillment Service Unit (SPPG). The investigation revealed that meals were delivered significantly later than the recommended consumption window, leading to stricter labelling regulations for the Free Nutritious Meal programme.

Seeking Investment with Spiritual Rewards? Government to Launch SWR007 Sukuk Tomorrow

The Directorate General of Budget Financing and Risk Management of the Ministry of Finance is set to open the offering period for the SWR007 Retail Cash Waqf Linked Sukuk. This Sharia-compliant investment instrument allows investors to contribute to social programmes through a unique endowment-linked mechanism.

UNM Margonda Encourages Students to Dare to Create Careers

Universitas Nusa Mandiri (UNM) Margonda is promoting entrepreneurship by encouraging students to move beyond job-seeking and instead focus on creating business opportunities. The university aims to equip students with digital business skills to thrive in the evolving digital economy.

ITS Nogogeni Team Prepares Two Energy-Efficient Cars for KMHE 2026

The Nogogeni research team from the Sepuluh Nopember Institute of Technology (ITS) has unveiled two new energy-efficient vehicles, the Nogogeni XI EVO and Nogogeni IX, for the 2026 Energy Efficient Car Contest (KMHE). These new models feature significant upgrades in engine construction, drive systems, and weight reduction to maximise fuel efficiency. The team aims to defend their championship title and eventually compete in international arenas such as the Shell Eco-marathon.

Prabowo Pushes for New Chapter in Indonesia-Russia Relations: Turning Friendship into Pragmatism

President Prabowo Subianto has called for a new era of Indonesia-Russia relations that moves beyond historical sentiment towards concrete, mutually beneficial cooperation. Speaking at the Eastern Economic Forum in Vladivostok, he emphasised the need for an equal and independent partnership that delivers tangible results for both nations.

Bali Regional Police Strengthen Tourism Security Coordination Following US Consul General Visit

The Bali Regional Police (Polda Bali) met with the US Regional Security Officer to discuss enhancing security measures for international tourists. The meeting focused on strengthening coordination to maintain a safe environment for visitors, particularly those from the United States.

Mass Food Poisoning of Students in Sidoarjo: Head of National Nutrition Agency Cites Labelling Issues

The Head of the National Nutrition Agency (BGN), Sudaryono, has addressed the recent mass food poisoning incident involving the Free Nutritious Meal programme in Sidoarjo. Investigations revealed negligence in the labelling process of food containers, leading to stricter new regulations for all meal deliveries.

Ministry of Forestry confirms death of orangutan 'Sempurna' suspected to be caused by smoke

The Indonesian Ministry of Forestry has confirmed the death of a Bornean orangutan named Sempurna in Ketapang, West Kalimantan. Preliminary findings suggest the animal's death was caused by respiratory distress likely resulting from smoke exposure.

Attorney General's Office 'Team 9' Interrogates Property Entrepreneur Tan Kian Regarding Febrie Money Laundering Case

The Attorney General's Office (Kejagung) has conducted a second interrogation of property entrepreneur Tan Kian as part of a money laundering investigation involving former Junior Attorney General Febrie Adriansyah. Investigators are tracing a suspected Rp40 billion fund flow involving the entrepreneur and the former official.

'Supersized' El Nino to Persist into 2027, UN Says

The World Meteorological Organization has warned that a highly intense El Nino phenomenon is expected to persist until February 2027, posing significant risks of extreme heat, drought, and flooding. This 'supersized' event threatens global supply chains, livelihoods, and economies, with particular concern for regions such as Indonesia that face increased drought risks.

Attorney General's Office Examines Foreign National as Mitigating Witness in Former Jampidsus Money Laundering Case

The Attorney General's Office (Kejagung) has interrogated a foreign national acting as a mitigating witness for suspect Don Ritto in the money laundering case involving former Jampidsus official Febrie Adriansyah. Investigators are also examining banking officials to trace transaction flows related to the alleged criminal activities.

Journalist in Tulang Bawang reports alleged violence to police

A journalist in Tulang Bawang, Lampung, has filed a police report following an alleged violent encounter involving a vehicle pursuit and suspected firearms. The incident, which occurred in the Banjar Margo district, resulted in damage to the journalists' vehicle after being repeatedly struck from behind.

BI Injects Rp446.5 Trillion in Liquidity Incentives, Ensuring Credit Flows to MSMEs

Bank Indonesia has increased macroprudential liquidity incentives to 6% to ensure available funds are directed towards MSMEs and priority sectors. The central bank aims to boost credit demand and productivity through cross-institutional synergy to support sustainable economic growth.

Prabowo in Russia: Development Must Ensure Children Receive Nutritious Food

President Prabowo Subianto emphasised the importance of inclusive development and food security during his speech at the 11th Eastern Economic Forum in Russia. He highlighted that national progress should be measured by the welfare of ordinary families, particularly through nutrition and fair agricultural prices.