Indonesian Political, Business & Finance News

Archive: 3 September 2026

Showing 1,401-1,450 of 1,545 articles

Video: Female Leaders in Indonesia's Strategic Positions

The influence of women in leading Indonesia's economy and key institutions has become increasingly prominent in recent years. This trend is evident even in male-dominated sectors, demonstrating significant progress in gender equality within the government.

Foreign Investors Continue to Accumulate Bank Stocks Despite Sluggish JCI

Foreign investors have continued to target major Indonesian banking stocks despite a net sell-off across the broader market. Notable accumulations were seen in BCA, BRI, Mandiri, and BNI, even as the Jakarta Composite Index (JCI) closed slightly lower.

POP Spageti Partners with Hearts2Hearts to Launch New Flavours

PT Indofood CBP Sukses Makmur Tbk has introduced two new flavours for its POP Spageti brand, namely Pizza Bolognese and Fried Chicken Carbonara. The company has also appointed the girl group Hearts2Hearts as its new brand ambassador to target the younger generation through a 'New Taste, New Vibe' campaign.

Ministry of Public Works undertakes repairs for earthquake-affected places of worship in Flores

The Indonesian Ministry of Public Works is implementing repair and reconstruction plans for several religious buildings in East Nusa Tenggara following earthquake damage. The initiative focuses on structural restoration while ensuring that local wisdom and community needs are integrated into the rebuilding process.

When Speculators and Vested Interests Dictate the Fate of the Rupiah

The Indonesian Rupiah continues to face downward pressure despite government efforts to manage foreign exchange through PT Danantara Sumber Daya Indonesia. The article argues that global speculators and vested interests are successfully bypassing regulatory barriers through price manipulation and transfer pricing, undermining domestic currency stability.

Beef Prices Hit Rp170,000 per Kilogram

Beef prices in Mataram, West Nusa Tenggara, have surged to Rp170,000 per kilogram due to increased demand during the Prophet Muhammad's Birthday (Maulid) celebrations. The price hike is driven by a shortage of supply as local residents prepare for large-scale communal feasts.

Head of Nutrition Service Unit Faces Dismissal Following Mass Food Poisoning of 566 Students

The National Nutrition Agency (BGN) has imposed a 30-day suspension on a nutrition service unit in Sidoarjo after 566 students fell ill due to suspected food poisoning. Following the incident, the BGN has proposed the dismissal of the unit's head, while Parliament calls for an urgent evaluation of the Free Nutritious Meal programme's standard operating procedures.

5 Countries Building New Capitals, Including Indonesia's IKN

This article examines the global trend of nations relocating their capital cities to address urban challenges such as congestion, overpopulation, and economic inequality. It highlights specific ongoing or proposed projects in Indonesia, Egypt, Iran, South Korea, and South Sudan.

North Sumatra Brimob Utilises Armoured Water Cannon to Clear Roads of Sinabung Ash

Personnel from the North Sumatra Brimob Unit have deployed Armoured Water Cannon (AWC) vehicles to wash volcanic ash from roads in Karo Regency following the eruption of Mount Sinabung. The initiative aims to reduce dust levels and ensure the safety and comfort of residents and commuters passing through the affected area.

BP Tapera: FLPP Realisation Reaches 140,965 Houses as of 1 September

The Indonesian Public Housing Savings Management Agency (BP Tapera) has reported that 140,965 housing units have been distributed through the FLPP scheme, representing 40.3 per cent of the annual target. The agency is also implementing strategic measures, including extending mortgage tenures to 40 years, to improve housing affordability for low-income earners.

Man in Lampung Shot Multiple Times While Attempting to Collect Rp 20 Million Debt

A 49-year-old man in Mesuji Regency, Lampung, was shot three times during a dispute over an unpaid debt of Rp 20 million. The suspect, identified as Adi bin Kusir, remains at large as police continue their investigation.

TOBA's Electric Vehicle Business Begins to Turn a Profit, Revenue Surges 184%

PT TBS Energi Utama Tbk (TOBA) has reported a significant turnaround in its electric vehicle segment, achieving gross profit in the first half of 2026. This performance follows a massive 184% year-on-year increase in revenue, driven by the expansion of the Electrum ecosystem.

Forest Fires Approach Special Purpose Forest in East Kalimantan, 11 Orangutans Evacuated

Eleven orangutans have been evacuated from the Jejak Pulang forest school in East Kalimantan due to the encroaching threat of forest and land fires. The emergency evacuation was implemented to ensure the safety and welfare of the orphaned primates during the active fire crisis.

IMJS Establishes New Subsidiary Indomobil Global Ventura - BCA Securities

PT Indomobil Multi Jasa Tbk (IMJS) has officially established a new subsidiary, PT Indomobil Global Ventura (IGV), to strengthen the Salim Group's business ecosystem. The new entity will function as a strategic investment instrument, focusing on venture capital management and financing activities.

NASA Appoints Blue Origin to Build Mars Telecommunications Network Worth Rp12.7 Trillion

NASA has awarded a contract worth up to US$700 million to Blue Origin to develop and operate the Mars Telecommunications Network. The project aims to provide high-speed communication and navigation services to support future Mars exploration missions.

75,000 People Apply to Become Hajj Officials

The Ministry of Hajj and Umrah has reported that 75,000 individuals have applied for Hajj Organising Officer (PPIH) positions, despite fewer than 1,000 vacancies available. The surge in applications is attributed to new recruitment reforms, including decentralised testing in collaboration with the National Civil Service Agency (BKN).

Indonesian Defence Minister receives Russian Ambassador to strengthen defence cooperation

Indonesian Defence Minister Sjafrie Sjamsoeddin met with the Russian Ambassador to discuss enhancing bilateral defence ties. The discussions focused on potential military cooperation, including soldier exchanges, joint exercises, and specialised training.

United States Admits Error in Claiming Extensive Chinese Cyberattack Victims, Facts Differ

The US Department of Justice has corrected its previous statements regarding a Chinese-sponsored hacking group, clarifying that several government agencies were targets rather than confirmed victims. While some entities like NASA successfully repelled attacks, the FBI confirmed that several national laboratories and health institutions were indeed compromised.

Israel Plans to Expel Palestinians from Gaza Strip, Awaiting US Approval

Israeli Defence Minister Katz has stated that there is no viable solution for Gaza without the migration of Palestinian residents from the territory. The Israeli government is reportedly awaiting the United States to identify countries willing to accept the displaced population.

10 Issuers to Conduct Rights Issues in August - September, with Massive Figures!

A significant number of companies listed on the Indonesia Stock Exchange (IDX) have announced plans for rights issues, with capital injection values ranging from hundreds of billions to tens of trillions of rupiah. Notable highlights include FORU's massive Rp27.10 trillion plan and CBRE's recent prospectus release targeting Rp1.27 trillion.

BMKG Forecasts Cloudy Skies Across Major Indonesian Cities Today

The Indonesian Meteorology, Climatology, and Geophysics Agency (BMKG) has issued a weather forecast predicting widespread cloudy skies and hazy conditions across various major cities in Indonesia. The report highlights potential thunderstorms in Tanjung Selor and light rainfall in several regions, alongside risks of haze and fog in specific areas.

Kendari MSME Owners: Digital Insights Expanded Thanks to ANTARA

Micro, small, and medium enterprise (MSME) owners in Kendari, Southeast Sulawesi, have reported significant improvements in their digital marketing capabilities following a training programme by Perum LKBN ANTARA. The initiative focused on enhancing product photography and social media branding to help local businesses adapt to the growing online consumer market.

Singapore Plans Massive Land Reclamation Projects

Singapore is preparing for large-scale land reclamation, including the merger of islands near Jurong and the ambitious 'Long Island' coastal protection project. However, experts warn that rising costs, limited sand supplies, and environmental impacts pose significant challenges to these future developments.

Vinna Ledy Questioned by KPK Prior to Seizure of Luxury Assets

The Corruption Eradication Commission (KPK) has confirmed that Bengkulu City Regional Legislative Council (DPRD) member Vinna Ledy Anggraheni was interrogated twice before the agency seized her luxury assets. The investigation is part of a broader probe into procurement corruption and alleged bribes involving high-value assets such as luxury cars and property.

35 Aircraft from Russia to USA Assist in Extinguishing Kalimantan Forest Fires

The Indonesian Ministry of Transport has authorised 35 foreign aircraft to assist in combating forest and land fires in Kalimantan. These aircraft, primarily helicopters, have been brought in by the National Disaster Management Agency (BNPB) to bolster Indonesia's limited aerial firefighting capabilities.

At Papeda Summit, Southwest Papua Governor Calls for Protection of Papua's Forests

The Governor of Southwest Papua, Elisa Kambu, has urged the central government to prioritise forest protection and the recognition of indigenous rights in Papua. Speaking at the Papeda Summit 2026, he highlighted the increasing pressure on Papua's natural resources due to large-scale corporate interests.

Two Bank Bumi Arta Directors Facing Legal Cases

PT Bank Bumi Arta Tbk (BNBA) has disclosed that two of its directors are currently involved in ongoing legal proceedings. The bank has assured stakeholders that its operational activities and customer services remain unaffected and continue to follow good corporate governance principles.

228 Traders in Kebon Roek Market Parking Area to be Reorganised

The Mataram City Government plans to relocate 228 informal traders from the parking area of Kebon Roek Market to the market's interior. This initiative aims to improve orderliness, reduce urban blight, and optimise the use of market facilities following a Rp 200 million renovation budget allocation.

Israel Seeks US Support to Expel Palestinians from Gaza Strip

Israeli Defence Minister Israel Katz has stated that Tel Aviv is seeking support from Donald Trump to implement a plan for the displacement of Palestinians from the Gaza Strip. The proposed move has faced widespread condemnation due to concerns regarding potential war crimes and ethnic cleansing.

Discrepancies in Indonesian Poverty Data Between BPS and World Bank: How to Understand Them

The Indonesian Central Bureau of Statistics (BPS) has clarified the significant difference between its poverty figures and those reported by the World Bank. The discrepancy arises from the use of different poverty lines, with the World Bank using international standards for upper-middle-income countries while BPS focuses on local basic needs.

Saudi Arabia Condemns Iranian Attack on Supertanker in Strait of Hormuz, Two Filipino Sailors Killed

Saudi Arabia has strongly condemned an alleged Iranian attack on a Saudi supertanker in the Strait of Hormuz, an incident that resulted in the deaths of two Filipino sailors. The escalation threatens global energy security as tensions rise between Iran and the United States in this vital maritime corridor.

Crisis Alert? Global Bonds Plummet as US, Japan, and UK Yields Hit Records

Global bond markets are facing significant pressure as government bond prices fall and yields surge to multi-year or multi-decade highs. Investors are increasingly concerned about rising inflation, geopolitical tensions in the Middle East, and the heavy debt burdens facing major economies.

US-China Tensions Heat Up in Orbit as Hunter Satellites Begin Mutual Surveillance

The space race between the United States and China is intensifying as both nations develop advanced orbital capabilities. Recent observations of Chinese spacecraft deploying objects in orbit highlight the growing dual-use nature of satellite technology, which could transform space into a potential battlefield.

Closing Tax Leaks to Ensure Economic Justice

The Indonesian government faces significant challenges in meeting a tax revenue target of Rp2,908 trillion by 2027. Recent investigations have uncovered potential revenue leaks amounting to up to Rp10 trillion within the steel and building materials manufacturing sectors.

Brayakan Tradition and the Spirit of Sharing in Surabaya

The Brayakan tradition, a communal sharing event held during the Prophet's Birthday celebrations in Surabaya, recently distributed over 2,200 essential items to participants. This cultural practice highlights the importance of social capital and community cohesion in urban development.

556 Students in Sidoarjo Suspected of Food Poisoning; Free Nutritious Meal Menu Undergoing Lab Tests

A large-scale suspected food poisoning incident involving 556 students at the Manbaul Hikam Islamic Boarding School in Sidoarjo is currently under investigation. Food samples and vomit are being tested in a Surabaya laboratory to determine the cause of the illness linked to the Free Nutritious Meal (MBG) programme.

Coal Prices Surge for 7 Consecutive Days, Approaching US$ 150, Driven by Indonesian Supply Constraints

Global coal prices have risen for seven straight days, nearing the US$ 150 mark due to tightening supplies and rising oil prices. Indonesia's coal exports are facing significant hurdles, including delays in production approvals and transport disruptions caused by drought.

Destry Officially Appointed as BI Governor; Purbaya Hopes KSSK Policy Instruments Can Be Refined

Following the inauguration of Destry Damayanti as the Governor of Bank Indonesia, Finance Minister Purbaya Yudhi Sadewa has called for more precise economic and liquidity monitoring tools within the Financial System Stability Committee (KSSK). The move aims to ensure that policy assessments more accurately reflect real market conditions and prevent delays in identifying liquidity challenges.

Yesterday's News: Handling of MBG Poisoning in Sidoarjo and Triggers for Changes in Social Assistance Deciles

This report covers several significant humanitarian and social policy developments in Indonesia, including the medical response to a mass food poisoning incident involving students in Sidoarjo. Additionally, it details the evacuation of residents due to Mount Sinabung's volcanic activity and the ongoing data synchronisation efforts to update social assistance recipient categories.

Ministry of Religious Affairs encourages Madrasah Scouts to foster religious and nationalistic spirit

The Special Staff to the Minister of Religious Affairs, Farid F. Saenong, has called for the integration of religious values and nationalism among Madrasah students. Speaking at a scouting event in Gowa, he emphasised that education must produce a generation that is academically capable, morally upright, and deeply committed to the Indonesian nation.

SBC Medical to Participate in Several Upcoming Investor Conferences in September 2026

SBC Medical Group Holdings Incorporated has announced its participation in a series of global investor conferences scheduled for September 2026. The Nasdaq-listed medical services organisation aims to engage with institutional investors through both in-person meetings and virtual presentations.

Following Sealing, West Jakarta Government Ensures No Padel Court Construction in Meruya

The West Jakarta City Government has confirmed that all construction activities for a padel court in Meruya Utara have been halted pending proper building permits. Authorities have implemented a temporary seal on the site and will conduct regular monitoring to ensure compliance with land use agreements and technical recommendations.

Deputy Minister Arrested for Corruption Over Medical Equipment Procurement Scandal

Vietnamese authorities have arrested Deputy Health Minister Tran Van Thuan for his alleged involvement in a massive bribery scheme involving medical equipment. The investigation targets a company accused of smuggling medical supplies and inflating prices through illegal import practices.

Trump Wants to Rename Strait of Hormuz to 'Trump Strait'

US President Donald Trump has proposed renaming the strategic Strait of Hormuz to the 'Trump Strait', claiming the waterway is now under American control. This follows a series of similar renaming proposals for geographical landmarks amidst ongoing trade tensions and geopolitical confrontations with Iran.

Sahroni Supports Metro Jaya Police in Capturing Intellectual Masterminds Behind 27 August Riots

Deputy Chairman of Commission III of the DPR, Ahmad Sahroni, has called on the Metro Jaya Police to identify and arrest the masterminds behind the riots in Jakarta on 27 August. Authorities are currently investigating organised mobilisation and have already detained 322 individuals, with 49 officially named as suspects.

Sony States Digital PlayStation Game Buyers Do Not Own Their Purchases

Sony has clarified that customers purchasing digital games via the PlayStation Store are acquiring a licence to play rather than outright ownership. This statement comes in response to a class-action lawsuit in California alleging that the use of terms like 'buy' and 'purchase' is misleading to consumers.

Ahead of 2026 Mandatory Halal Deadline, Multi-Outlet Restaurants Do Not Need to Wait for All Branches to be Certified

The Indonesian Halal Product Assurance Agency (BPJPH) has announced that restaurant chains can apply for halal certification on a phased basis. This approach allows businesses to certify individual outlets as they become ready, rather than waiting for an entire network to meet requirements before the October 2026 deadline.

NTB Provincial Government Urges PDAM Expansion to Address Leachate-Contaminated Wells in Bongor

The West Nusa Tenggara Provincial Government is calling on the regional water utility (PDAM) to extend clean water networks to Bongor Hamlet following the contamination of local wells. The contamination is caused by leachate seepage from the Kebon Kongok landfill, which has introduced harmful substances into the community's water supply.

Foreign Investors Return to Selling, Quietly Avoiding These Stocks

Foreign investors recorded a net sell of Rp326.6 billion in the Indonesian stock market during Wednesday's trading. Major blue-chip stocks, including GoTo Gojek Tokopedia and Telkom Indonesia, were primary targets of this sell-off, contributing to a slight decline in the Jakarta Composite Index.

Customs Unveils New Strategy to Eliminate Port Congestion

The Directorate General of Customs and Excise is promoting the optimisation of Bonded Logistics Centres (PLB) to reduce port dwelling time and logistics costs. This initiative aims to alleviate port occupancy rates by providing efficient storage solutions for imported goods.