Indonesian Political, Business & Finance News

Archive: 7 September 2026

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Mount Sinabung evacuees from Kuta Tengah village begin returning home

Residents of Kuta Tengah village in Karo Regency, North Sumatra, have begun returning home after the regional government received an updated hazard zone recommendation from PVMBG for Mount Sinabung. The village falls outside the five-kilometre sectoral radius, allowing evacuees sheltering in Sukatepu village to return. Authorities remain on alert, with the volcano still at Level III (Alert) status and 40 BPBD personnel, alongside Basarnas and North Sumatra BPBD teams, monitoring the situation.

Netizens Vent Over Surge in Mask Prices Amid Mount Anak Krakatau Volcanic Ash

Volcanic ash from Mount Anak Krakatau has driven up demand for face masks, prompting the government to urge residents to wear them outdoors. Unscrupulous sellers have seized the opportunity, with social media users reporting price hikes of up to tenfold and unilateral cancellations of online orders.

Non-subsidised fuel prices rise since early September 2026

Non-subsidised fuel prices at Pertamina, Shell and BP petrol stations have risen since early September 2026 compared with August. The increases affect Dexlite, Pertamina Dex, Pertamax Turbo and Pertamax Green, whilst Pertamax and subsidised fuels remain unchanged.

AiMOGA's Mornine Humanoid Robot Gears Up for Global Market with Three EU Certifications

AiMOGA's humanoid robot Mornine has secured three European Union certifications covering machinery safety, cybersecurity and data protection, and radio equipment. Developed by a Chery Group subsidiary founded in early 2025, the robot has also obtained FCC certification in the United States. The assessments were carried out by the independent global testing body TUV Rheinland.

PPIU sets up channel to handle impact of flight disruption on Umrah pilgrims

Indonesian Umrah travel associations have established a dedicated communication channel for tour leaders accompanying pilgrims affected by flight disruptions caused by volcanic ash from Mount Anak Krakatau. Pilgrims face risks including loss of hotel, visa and flight facilities included in their Umrah packages, as well as additional out-of-pocket costs.

Are N95 Masks the Best Protection Against Volcanic Ash?

As ash from Mount Anak Krakatau spreads across parts of Indonesia, the Indonesian Lung Doctors Association (PDPI) says N95 masks offer the strongest protection against volcanic ash, though any mask is better than none. PDPI's Feni Fitriani Taufik advised residents to limit outdoor activity, protect their eyes, and keep homes sealed, warning that fine PM10 and PM2.5 particles can penetrate deep into the lungs and worsen conditions such as asthma and COPD. Vulnerable groups, including children, older people and pregnant women, face heightened risks from prolonged exposure.

KAI Adds Train Carriages, Expands Travel Options for Customers

PT Kereta Api Indonesia has added extra carriages to several train services effective 7 September 2026, covering executive and economy class using Stainless Steel New Generation and New Image rolling stock. The capacity adjustment is intended to offer customers more varied travel options in line with public mobility needs. KAI also advised passengers to wear masks if needed amid volcanic activity at Mount Anak Krakatau.

Anwar Ibrahim Phones Jokowi, Conveys Solidarity for Indonesia

Malaysian Prime Minister Anwar Ibrahim called former Indonesian President Joko Widodo to express solidarity following volcanic disasters and haze affecting Indonesia. Anwar stressed that Malaysia and Indonesia are bound by shared history, culture and kinship beyond mere neighbourly ties. Jokowi thanked him and expressed hope the close relationship would continue benefiting both peoples.

Mitigating the Economic Impact of Volcanic Ash

An opinion piece arguing that volcanic ashfall represents a systemic economic shock requiring precise risk management and mitigation. The author proposes four integrated mitigation pillars: supply stabilisation and regional inflation control, consumer protection in transport, liquidity support for businesses and workers, and short-term fiscal and monetary relaxation. It cites World Bank data putting Indonesia's average annual disaster-related economic losses at US$28 billion, roughly 0.23% of GDP.

Haedar Nashir Reveals Issues of Religiosity and Public Behaviour

Muhammadiyah Chairman Haedar Nashir has criticised the gap between Indonesians' religious devotion and their everyday conduct, citing rampant bribery, abuse of power and corruption. Speaking at the 13th Muhammadiyah Day at the University of Muhammadiyah Jakarta, he also highlighted weak reading habits and scientific literacy as barriers to national progress. He noted that surveys show around 91 per cent public trust in Muhammadiyah, which he said must be safeguarded alongside a strengthened mission of enlightenment.

Latest Survey: US Voters Lean Towards Democrats, Satisfaction with Trump Continues to Plummet

A Gallup poll shows American independent voters increasingly leaning towards the Democratic Party ahead of the November midterms, with 49 per cent favouring Democrats against 39 per cent for Republicans. President Donald Trump's approval ratings continue to decline amid persistent inflation and tensions in the Middle East, giving Democrats their largest advantage since 2008.

Full List of Pegadaian Gold Prices for Three Brands on Monday

Pegadaian's gold prices on Monday showed Galeri24, Antam and UBS gold at Rp2,576,000, Rp2,677,000 and Rp2,611,000 per gram respectively. Prices are subject to change at any time, and the products are sold in weights ranging from 0.5 gram up to 1 kilogram depending on the brand.

Swift Response as Indonesian Volcanoes Erupt: Public Works Minister Activates Task Force

Following the eruption of Mount Anak Krakatau and heightened volcanic activity across Indonesia, Public Works Minister Dody Hanggodo has expanded a task force to cover the whole country, consolidating emergency response and infrastructure rehabilitation. The task force, previously established for disasters in Aceh, North Sumatra and West Sumatra, will be chaired by BPIW head Adenan Rasyid and coordinate with BNPB and regional governments.

Black Smoke Spewing from the Ground in Central Jakarta Goes Viral — Here Is the Cause

Thick black smoke was seen erupting from the ground in front of a shophouse in Pasar Baru, Central Jakarta, after an underground PLN electricity cable caught fire. Authorities traced the incident to a short circuit, reportedly caused by overheating in a four-phase buried cable and switch panel. The blaze was brought under control by 18.15 local time with no casualties, and losses are estimated at around Rp 25 million.

IDX designates TBS as Indonesia's first green transition equity

The Indonesia Stock Exchange has named PT TBS Energi Utama Tbk (TOBA) as the country's first listed company to receive the Green Equity Transition designation under the new IDX Green Equity Designation framework. An independent review by S&P Global Ratings found that 47 per cent of TBS's 2025 revenue came from non-coal businesses and 92 per cent of its 2025-2030 capital commitments qualify as green. The designation, effective from 28 August 2026, reflects the company's ongoing transformation from coal mining towards waste management and electric vehicle ecosystems.

Additional Train Departure Schedule to Gambir from Yogyakarta Station Today

PT KAI Daop 6 Jogja is operating additional Yogyakarta–Gambir train services following the temporary closure of Soekarno-Hatta International Airport due to volcanic ash over Jabodetabek. The additional train departs Yogyakarta Station at 18.20 WIB and offers an alternative for travellers to Jakarta whilst flights are disrupted.

Fadli Zon Recounts Bringing Java Man Fossil Home to Indonesia After 136 Years in the Netherlands

Minister of Culture Fadli Zon says the government is continuing the repatriation of prehistoric fossils held abroad, most notably the return of ancient Java Man fossils that spent 136 years in the Netherlands. He frames the effort as cultural justice, with 28,131 catalogued fossil collections set to be returned, and signals further repatriations from the Netherlands whilst negotiations with Germany and Britain continue.

New Phone Sales Slump as 'Used But Renewed' Smartphones Sell Strongly

Shipments of display panels to the refurbished smartphone market have surged 20% to 298 million units in Q1 2026, overtaking panel shipments for new handsets at 289 million units. Research firm Omdia attributes the shift to rising memory prices, which have dampened demand for new devices and pushed suppliers to divert higher-quality OLED panels into the refurbishment ecosystem.

Gus Ipul Reveals 1,400 Bansos Recipients Indicated in Online Gambling, Disbursement Temporarily Halted

Indonesia's Ministry of Social Affairs has temporarily suspended social assistance disbursements to more than 1,400 families flagged for suspected involvement in online gambling. The verification process, involving village heads and local governments, will determine whether these households retain their beneficiary status.

Central Jakarta Public Order Agency hands out 4,000 masks in anticipation of volcanic ash

The Central Jakarta Public Order Agency (Satpol PP) distributed 4,000 face masks across 44 kelurahan to protect residents from volcanic ash emitted by Mount Anak Krakatau. Distribution focused on areas of high activity such as the Hotel Indonesia roundabout, markets, railway stations and residential areas. Residents were urged to remain calm, wear masks outdoors and verify information through official government channels.

BI Records Primary Money at Rp2,281 Trillion, Growing 16.3% in August

Bank Indonesia recorded primary money (adjusted M0) of Rp2,281.5 trillion in August 2026, growing 16.3% year on year, a slight slowdown from 17.1% in July. The growth was driven by strong expansion of commercial banks' current accounts at BI, up 19.0% yoy, alongside 12.9% growth in currency circulating among the public. The figures are watched by market players as an indicator of liquidity in the financial system and the effectiveness of monetary policy transmission.

Still on Alert! Latest Update on the Mount Anak Krakatau Eruption, 7 September

The Geological Agency of the Ministry of Energy and Mineral Resources has maintained Mount Anak Krakatau in Lampung at alert Level III (Siaga) following Strombolian eruptions recorded between 6 and 7 September 2026. A continuous eruption episode lasting 25 hours ended on 6 September, but the agency warns the probability of further eruptions remains high. The public is barred from entering a 3 km radius of the crater and residents of Banten and Lampung coastal areas are urged not to believe rumours of a tsunami.

Tangerang Mayor Distributes Masks Amid Volcanic Ash from Mount Anak Krakatau

Volcanic ash from the eruption of Mount Anak Krakatau has been detected as far as the Jabodetabek region, prompting swift action from the Tangerang City Government. Mayor Sachrudin personally distributed masks to residents, particularly road users, at the Adipura Monument area to reduce exposure risks. He urged the public to remain calm, wear masks outdoors and follow official government guidance to prevent respiratory illnesses.

Sugiono Officially Becomes Chairperson of PB IPSI 2026-2030, Succeeding Prabowo

Foreign Minister Sugiono has been installed as Chairperson of the Indonesian Pencak Silat Association (PB IPSI) for the 2026-2030 term, taking over from President Prabowo Subianto, who led the organisation for decades. The inauguration at Taman Mini Indonesia Indah was attended by senior government and security officials. Sugiono pledged to develop pencak silat as both a martial art and cultural heritage, with ambitions of taking it to the Olympics.

Thousands of Umrah Pilgrims Affected, HIMPUH Prepares Mitigation Measures

Ash from the eruption of Mount Anak Krakatau forced airport closures, affecting some 1,007 Umrah pilgrims travelling with operators under HIMPUH. The association has launched mitigation measures including data gathering, dedicated communication channels, and coordination with the Ministries of Hajj and Umrah and Transport, while urging airlines and operators to establish permanent crisis protocols.

Lawsuit Requiring Identity Verification to Prevent Anonymous Social Media Accounts Withdrawn from Constitutional Court

A civil servant, Ferdinandus Klau, has withdrawn his Constitutional Court petition demanding mandatory real-identity verification for social media accounts. The Court granted the withdrawal and ruled he cannot re-file the same petitions. He had challenged Article 15(1) of the ITE Law, arguing its vagueness allowed anonymous and fake accounts, including one that defamed him.

Bumi Resources (BUMI) Acquires 100% of Australian Loyal Metals

PT Bumi Resources Tbk has acquired all shares in Australia's Loyal Metals Ltd through its subsidiary Bumi Resources Australia Pty Ltd. The transaction, disclosed to the Indonesia Stock Exchange, was valued at roughly Rp1.004 trillion or AUD79.07 million, making Loyal Metals a wholly-owned indirect subsidiary.

Series of Eruptions at Mount Anak Krakatau Ends, Public Urged to Remain Vigilant

The Centre for Volcanology and Geological Disaster Mitigation (PVMBG) has declared that the continuous eruption episode of Mount Anak Krakatau, which lasted around 25 hours from 4 September, ended in the early hours of 6 September 2026. The volcano in the Sunda Strait continues to exhibit mild strombolian eruptions, and its alert level remains at Level III, with the public barred from within a 3-kilometre radius. PVMBG stated that current activity does not pose a tsunami risk and that monitoring will continue intensively.

Azkiya Trihapsari: Learning Leadership from Women Leaders

Azkiya Trihapsari, a public health student at Universitas Muhammadiyah Jakarta, took part in UN Women's CEO for a Day programme, meeting senior women executives from business, government and international organisations. The mentoring initiative, held at Sinarmas Plaza Tower in Central Jakarta, brought together around 100 young women and formed part of efforts supporting the Sustainable Development Goals. For Azkiya, the experience showed that leadership is defined not by position but by influence, decision-making and impact on others.

Jakarta Metropolitan Police Hand Out Masks and Health Services Amid Volcanic Ash

Personnel from Polda Metro Jaya have deployed across Jakarta and its surrounding areas to distribute masks and provide basic health services following the spread of volcanic ash from Mount Anak Krakatau. Officers from several police stations, including the Brimob unit and the Samapta Directorate, carried out blood pressure checks and distributed vitamins and medication to residents. The police have urged the public to remain calm and to follow official government information.

BI: Foreign Exchange Reserves Reach US$146.5 Billion in August 2026, Up US$1.2 Billion

Bank Indonesia reported that the country's foreign exchange reserves stood at US$146.5 billion at the end of August 2026, an increase of US$1.2 billion from July. The rise was driven mainly by tax and services receipts as well as government external loan drawdowns, and the reserves remain well above international adequacy standards.

At Amartha 10X Run, Erick: Running Events Can Drive Local Economies

Youth and Sports Minister Erick Thohir said events such as the Amartha 10X Run at Gelora Bung Karno can stimulate local economies, from MSMEs to the accommodation sector, beyond promoting healthy lifestyles. Amartha CEO Andi Taufan linked the event's #WeGoBeyond spirit to the journey of the more than 4 million rural MSMEs the fintech firm has served over 16 years. The race village featured a rural-themed market where partner MSMEs showcased their products.

Latest Update: Four Airports Remain Closed Due to Mount Anak Krakatau Eruption

Four airports, including Soekarno-Hatta and Halim Perdanakusuma, remain temporarily closed until 18:00 WIB on Monday (7/9/2026) owing to volcanic ash from Mount Anak Krakatau. The eruption has affected around 150,000 passengers and disrupted 467 flights, with the government urging airlines to safeguard passengers' rights and consider diverting flights to alternative airports.

With Solid Liquidity and Capital, BRI Strengthens Its Contribution to National Economic Growth

PT Bank Rakyat Indonesia (Persero) Tbk recorded a positive performance up to the second quarter of 2026, underpinned by adequate liquidity, an improving funding structure and robust capital. Its consolidated Loan to Deposit Ratio stood at 90.8 per cent, its CAR at 21.5 per cent, and third-party funds reached Rp1,581 trillion, up 6.7 per cent year-on-year. Net profit rose 17.5 per cent to Rp31.2 trillion, driven by loan growth of 16.2 per cent to Rp1.646 trillion.

Forestry Ministry: Human Resource Capacity Building Key to Carbon Market Development

Indonesia's Forestry Ministry has identified human resource capacity building as crucial to developing a credible, transparent and high-integrity national carbon market. The push aligns with Presidential Regulation No. 110/2025 on carbon economic value instruments and a new ministerial regulation on carbon trading through forestry-sector emission offsets. Officials emphasise that green jobs require upskilling, reskilling and professional certification to support Indonesia's climate targets.

How Anak Krakatau Ash Puts 3.3 Million Older Indonesians at Risk

Around 3.3 million older Indonesians face health risks from volcanic ash following the September 2026 eruption of Mount Anak Krakatau, which spread ash across Lampung, Banten, Jakarta, and West Java. The Health Ministry warned that sharp silica particles can cause respiratory illness, eye and skin irritation, and worsen chronic conditions such as asthma, COPD, and cardiovascular disease. Authorities urged protective measures including N95 masks, wetting ash before cleaning, and preparing health facilities with oxygen concentrators and medications.

CHiQ Wins 'AI Home Ecosystem Brand Award', Delivering a Smart Lifestyle Experience Through AI Innovation

CHiQ, the global smart home brand, has received the AI Home Ecosystem Brand Award at IFA 2026, recognising its consistent development of AI technology and smart home ecosystems. The award, presented by IDG and IFA, highlights the brand's AI-powered products across televisions, refrigerators, washing machines and air conditioners.

Geological Agency: Continuous Eruption of Mount Anak Krakatau Has Ended, Three Volcanoes Still Erupting

The Geological Agency of the Ministry of Energy and Mineral Resources has declared that the continuous eruption episode of Mount Anak Krakatau in the Sunda Strait has ended after lasting 25 hours. The volcano's activity level remains at Level III (Alert), with authorities warning the public to stay outside a three-kilometre radius of the active crater.

House of Representatives urges public to follow official information on Mount Anak Krakatau eruption

Maman Imanul Haq, a member of Commission VIII of the Indonesian House of Representatives, has urged the public to follow official guidance from the government, disaster agencies and local authorities regarding the eruption of Mount Anak Krakatau. He warned against panic driven by misinformation and called on the government to strengthen early warning systems and preparedness to reduce casualties and material damage. Several volcanoes across Indonesia, including Semeru, Ibu and Ili Lewotolok, are also showing increased volcanic activity.

Metro Jaya Police Spray Roads to Reduce Volcanic Ash with Water Cannons

Mobile Brigade and Samapta Directorate units of the Polda Metro Jaya deployed Armoured Water Cannon vehicles to spray streets in Jakarta, South Tangerang and Bekasi Regency on Sunday (6/9) to clear volcanic ash from Mount Anak Krakatau. The operation aims to dampen road surfaces so that ash deposits do not become airborne, whilst officers urged residents to wear masks and follow official guidance.

Balai Karangan Durian and a Million Potential Along the Sekayam River

Balai Karangan village in Sanggau Regency, West Kalimantan, produces prize-winning durian, including the premium serumput variety that can fetch one million rupiah per fruit in Pontianak. Yet despite an estimated peak harvest of ten tonnes a day across the village, the commodity lacks institutional support, wider market access and faces land conversion to oil palm plantations. Farmers such as Pak Tam, a grower and middleman, are beginning to organise informally to secure the fruit's future.

Rogue Escort Services Enrage Drivers Queuing 12 Hours at Gilimanuk Port

Logistics truck drivers staged a spontaneous blockade at Gilimanuk Port in Jembrana, Bali, after waiting more than 12 hours to board ferries, citing the load-break dispatch policy and alleged rogue escort services charging fees to jump queues. The blockade ended after mediation produced a six-point commitment between drivers, port authorities, police and ASDP, whilst ASDP deployed two additional vessels to relieve congestion caused by jetty repairs.

Indonesia eyes stronger tourism ties with India's Pune

Indonesia's Tourism Ministry held a sales mission in Pune, Maharashtra, connecting 12 Indonesian tourism companies with local travel agents and generating an estimated 1,582 Indian tourist movements. Deputy Minister Ni Made Ayu Marthini said the event, following Indonesia's participation in ITB India 2026, aims to make Wonderful Indonesia a top-of-mind destination for Indian travellers. Pune was targeted for its strong economy and growing base of high-income consumers, with interest centred on Bali, Borobudur-Yogyakarta-Prambanan and Gili-Lombok.

DKI Jakarta Government Showcases the Capital's Potential as a Strategic Gateway at CISMEF 2026

The DKI Jakarta Provincial Government promoted the capital as a strategic gateway for trade and investment during the Choose Jakarta 2026 session at the 21st China International Small and Medium Enterprises Fair (CISMEF) in Guangzhou, where Indonesia served as Co-Host Country. Head of the Industry, Trade, Cooperatives and SME Agency Elisabeth Ratu Rante Allo highlighted Jakarta's economic strength, including its 17.2 percent share of national investment realisation and 5.52 percent annual growth, alongside investment opportunities such as the Smart Manufacturing & Creative Fashion Lab in Kebon Jeruk.

Bogor KRL Services Reduced Until 30 September, Here's Why

KAI Commuter Indonesia has cancelled dozens of electric train services on the Bogor–Jakarta Kota route until 30 September 2026 as it carries out intensive maintenance on its rolling stock. Daily Commuter Line trips across the Greater Jakarta network have been reduced from 1,065 to 1,048, with passengers urged to adjust their travel plans.

Mount Anak Krakatau Spews Volcanic Ash: How Long May Civil Servants Work From Home?

The Ministry of State Apparatus Utilisation and Bureaucratic Reform (PANRB) has announced flexible working arrangements for civil servants (ASN) in areas affected by volcanic ash from the eruption of Mount Anak Krakatau. No end date has been set, as the decision is left to each agency's staffing officer. The volcano erupted on Sunday evening and remains at Level III alert status.

Eightco Holdings Reports Total Holdings of Around US$380 Million, Including OpenAI, Beast Industries and More Than 16,000 ETH

Eightco Holdings Inc. (NASDAQ: ORBS) has disclosed total holdings of approximately US$380 million, comprising a US$90 million indirect stake in OpenAI, US$18 million in Beast Industries, nearly 302 million Worldcoin (WLD) tokens, 16,278 Ethereum and about US$122 million in cash. The company has also bought back more than 25 million common shares over the past month under a previously announced US$125 million repurchase programme. Eightco positions itself as the world's first public company pursuing a Worldcoin treasury strategy, offering indirect exposure to artificial intelligence, digital identity and the creator economy.

Mutiara Airport still applying flight adjustments on Palu-Jakarta route

Mutiara Sis Al-Jufri Airport in Palu, Central Sulawesi, continues to adjust or delay flights on the Palu-Jakarta route following the eruption of Mount Anak Krakatau. The airport authority is awaiting confirmation from AirNav Indonesia on whether the Notice to Airmen (Notam) will be extended or lifted, whilst other routes remain operational.

Mount Anak Krakatau Eruption: 2,300 Flights and 268,000 Passengers Affected

Volcanic ash from Mount Anak Krakatau has forced the temporary closure of four Indonesian airports, including Soekarno-Hatta in Tangerang, disrupting some 2,300 flights and affecting 268,539 passengers between 5 and 7 September 2026. Airport operator InJourney Airports is providing passenger handling services, including free bus services from Soekarno-Hatta to Yogyakarta, Solo, Semarang and Surabaya. Travellers are advised to monitor flight status before heading to the airport.

Innalillahi, UGM Professor Djoko Suryo Passes Away

Professor Dr. H. Djoko Suryo, a senior lecturer at the Faculty of Cultural Sciences (FIB) of Universitas Gadjah Mada, has passed away at RS Akademik hospital in Yogyakarta. His body will lie in state at his home in Sleman and at UGM's Balairung before burial at the Sawitsari cemetery.