Indonesian Political, Business & Finance News

Archive: 8 September 2026

Showing 401-450 of 1,696 articles

PDIP's Response to Being Called a Strong Axis for the 2029 Presidential Election

PDIP Chairman Ganjar Pranowo has responded to claims that the party is positioning itself as a key political axis for the 2029 Presidential Election. Ganjar stated that the party is currently prioritising disaster relief efforts across Indonesia over discussing future electoral contests.

BMKG Responds to Proposal for Merger with Geological Agency

The Meteorology, Climatology, and Geophysics Agency (BMKG) has expressed its readiness to implement President Prabowo Subianto's consideration of merging the agency with the Geological Agency. The move aims to enhance the effectiveness of public services and disaster mitigation efforts in Indonesia.

Kuningan Regency Opens Access to Subsidised Housing for Civil Servants and Low-Income Communities

The Kuningan Regency Government in West Java has launched a subsidised housing initiative for civil servants and low-income groups as part of the central government's 3 Million Houses Programme. The scheme offers type 36 houses with zero down payment and low monthly instalments, supported by local government efforts in land mapping and spatial planning.

AKRA Targets LNG Facility in JIIPE Gresik to Commence Operations by 2029

PT AKR Corporindo Tbk aims to launch its floating storage and regasification unit (FSRU) in the Java Integrated Industrial and Ports Estate (JIIPE) by the second half of 2029. The company has already signed a shipbuilding contract with Hyundai Heavy Industries and has allocated significant capital expenditure to expand its utility and energy infrastructure.

BKPM: Incentives still required to maintain Indonesia's investment competitiveness

The Indonesian Investment Ministry (BKPM) has emphasised the ongoing need for investment incentives to remain competitive in attracting global capital. As the implementation of the Global Minimum Tax (GMT) approaches, the government is exploring alternatives such as energy subsidies and tax credits to replace expiring tax holidays.

Distance Learning Ends, Pramono: Schools to Return to Normal Tomorrow

Jakarta Governor Pramono Anung Wibowo has announced that in-person schooling will resume on Wednesday following the easing of volcanic ash risks from Mount Anak Krakatau. The decision comes as flight operations at Soekarno-Hatta International Airport have stabilised, marking the end of the recent distance learning mandate.

Raw material supply disrupted, diesel queues lengthen at petrol stations in South Sumatra

South Sumatran Governor Herman Deru has noted increasing queues for subsidised diesel at several petrol stations due to distribution issues. The shortage is attributed to disruptions in the supply of Fatty Acid Methyl Ester (FAME), a key component of Biosolar, during August.

190 Pertamina Petrol Stations Now Selling Fuel with 5% Ethanol Blend (E5)

PT Pertamina Patra Niaga has expanded the availability of Pertamax Green 95, a fuel containing 5% bioethanol, to 190 petrol stations across Java. The company reported a significant surge in sales, with daily average volumes increasing from 17 kl to 132 kl.

Regarding PhD Examination Rules, Analysts: Empirical Competence is Required, Not Academic Degrees

Political and legal analyst Boni Hargens and Professor Gayus Lumbuun have addressed the ongoing debate regarding standards for doctoral examinations in Indonesia. They argue that experts with specific empirical competence should be permitted to participate in examinations, even if they do not hold an equivalent academic degree.

Mladic's Funeral Becomes Political Test Ahead of Serbian Elections

The funeral of former Bosnian Serb commander Ratko Mladic has emerged as a significant political flashpoint in Serbia ahead of upcoming parliamentary elections. President Aleksandar Vucic faces the challenge of balancing nationalist sentiment with relations with the European Union amidst rising domestic political competition.

SUN Energy: 100 GW Renewable Energy Target Requires Adaptive Regulation

The CEO of SUN Energy, Emmanuel Jefferson, has called for more adaptive regulations and better incentives to support Indonesia's 100 GW renewable energy target. He highlighted that current regulatory limitations, such as rooftop solar quotas, are hindering industrial demand and that rising capital costs due to currency depreciation pose significant risks to project bankability.

BMKG: Eight Airports Confirmed Safe from Anak Krakatau Volcanic Ash

The Meteorology, Climatology, and Geophysics Agency (BMKG) has confirmed that eight airports previously closed due to volcanic activity are now safe for operation. Following negative paper test results, major hubs including Soekarno-Hatta and Halim Perdanakusuma have resumed flight operations.

Three Applications for US Stock Exposure via Crypto Assets

Advancements in blockchain technology are providing Indonesian investors with new ways to gain exposure to US stocks through tokenised assets. Platforms such as Pintu, Bittime, and Tokocrypto offer digital tokens that track the value of major companies like Tesla and NVIDIA, though investors are cautioned to understand the specific risks and differences from direct stock ownership.

PISA Test Reveals Alarming Drop in Reading and Math Skills

The 2025 PISA study has revealed a significant global decline in reading, mathematics, and science performance among 15-year-old students. While many OECD nations faced dramatic score drops, certain Asian nations including Brunei and the Philippines showed measurable improvements in reading skills.

Examined for 7 Hours, Febrie Adriansyah Questioned Regarding Tan Kian and Rp40 Billion Linked to ASABRI-Jiwasraya Corruption

Former Junior Attorney General for Special Crimes, Febrie Adriansyah, underwent a seven-hour interrogation by the Attorney General's Office regarding the ASABRI and Jiwasraya corruption cases. Investigators questioned him on his relationship with businessman Tan Kian and allegations involving the receipt of Rp40 billion.

TEP ITS Develops Digital Scholarship Application Forms in South Manokwari

The Patriot Expedition Team (TEP) from Institut Teknologi Sepuluh Nopember (ITS) has introduced a digital registration system for the Affirmative Higher Education (ADiK) scholarship in South Manokwari, West Papua. The initiative aims to overcome barriers such as lack of information and high costs by streamlining the application process through schools and teachers.

20% Ethanol-Blended Petrol (E20) Targeted for 2028 Implementation

The Indonesian Ministry of Energy and Mineral Resources aims to implement E20 fuel by 2028 to reduce petrol imports and lower greenhouse gas emissions. The government is currently working to accelerate investment in bioethanol production plants to ensure domestic feedstock supply.

Oil prices continue to rise amid ongoing US-Iran tensions

Global oil prices have climbed to a six-week high following renewed geopolitical friction between the United States and Iran. Concerns regarding potential disruptions to oil shipments through the Strait of Hormuz are driving market volatility.

Social Affairs Ministry: DPR Member Never Received Social Assistance Despite Being Listed in Decile 4

The Ministry of Social Affairs has clarified that a member of the House of Representatives (DPR) has never received social assistance despite being previously listed in the fourth decile of the national socio-economic database. Minister Saifullah Yusuf explained that the inclusion was due to outdated historical data that has since been updated and corrected.

Police Assist in Distributing Clean Water in Sawangan Amid Prolonged Dry Season

The Bojongsari Police, in collaboration with the Depok City Red Cross (PMI), have distributed 4,000 litres of clean water to residents in Sawangan, Depok. This initiative aims to mitigate the impact of the ongoing drought affecting parts of the city.

NTB to Reform 2026 Revised Regional Budget Following KPK Directives

The Governor of West Nusa Tenggara (NTB) has instructed the regional budget team to align the 2026 Revised Regional Budget (APBD-P) with the Corruption Eradication Commission's (KPK) recommendations. The reform aims to strengthen local governance and mitigate corruption risks identified in recent integrity assessments.

Viral Video Shows Earthquake Relief Supplies Trampled in East Manggarai

Residents at an earthquake relief post in East Manggarai, East Nusa Tenggara, were filmed trampling food aid provided by the local government. The incident follows widespread dissatisfaction regarding the insufficient quantity of supplies being distributed to those affected by the August earthquake.

AHY Announces New Democratic Party Members, Including Influencers and Entrepreneurs

Democratic Party Chairman Agus Harimurti Yudhoyono has unveiled a new cohort of members ranging from digital influencers to young entrepreneurs. The recruitment drive aims to integrate digital expertise and investment literacy into the party's framework as it celebrates its 25th anniversary.

Hungary Expels 10 Diplomats, Russia Threatens Retaliation!

The Hungarian government has expelled ten Russian diplomats for activities deemed incompatible with their diplomatic status under the Vienna Convention. In response, the Russian Foreign Ministry has threatened severe retaliatory measures against Hungarian diplomats.

Ministry of Religious Affairs extends BeZakat scholarship registration until 14 September 2026

The Directorate of Zakat and Waqf Empowerment under the Ministry of Religious Affairs has extended the application deadline for the 2026 BeZakat Indonesia Scholarship programme. The initiative aims to utilise zakat funds to foster an ecosystem of empowerment through enhanced access to higher education for young people.

Purbaya: Local Governments to Borrow from PT SMI for Infrastructure, Repay via Revenue Sharing Funds

Finance Minister Purbaya Yudhi Sadewa has introduced a new policy allowing local governments to fund public infrastructure projects through loans from PT Sarana Multi Infrastruktur (PT SMI). The debt incurred will be serviced using portions of the Revenue Sharing Fund (DBH) from central government transfers.

Two Million People Recite Salawat, Ministry of Religious Affairs: Reflects Strong Devotion of the Ummah to the Prophet

The National Gema Selawat Kebangsaan 2026 movement exceeded its target, with over two million participants joining the recitation of Dala’il al-Khayrat across 35 provinces. The Ministry of Religious Affairs stated that the high level of participation reflects the spiritual resilience and unity of the Indonesian people.

Geology Agency: Anak Krakatau Eruption Holds No Tsunami Risk, Fishermen Can Sail

The Geological Agency of the Ministry of Energy and Mineral Resources has confirmed that the recent eruption of Mount Anak Krakatau does not pose a tsunami threat. Officials noted that unlike the 2018 event, there is no significant movement of the volcano's flanks that could trigger landslides or sea level anomalies.

Car Wash Businesses Reap Profits as Vehicles Hit by Volcanic Ash Surge

Car wash businesses in Depok are experiencing a significant boost in revenue following the eruption of Mount Anak Krakatau. The influx of volcanic ash has led to a surge in customers seeking to clean vehicles, with some businesses reporting a 50 per cent increase in daily capacity.

Jakarta to Resume In-Person Learning Tomorrow

The Jakarta Provincial Government has announced the resumption of in-person classes starting Wednesday, following a brief period of remote learning. The decision comes as volcanic ash levels from the eruption of Mount Anak Krakatau have significantly decreased across the capital.

Witness Reveals List of Recipients for Hajj Acceleration Fees, Top Name Listed as 'Gus Men'

A witness in the 2023-2024 Hajj quota corruption trial has testified regarding a list of individuals slated to receive 'acceleration fees'. The testimony identifies high-ranking figures, including 'Gus Men', as primary recipients of funds measured in thousands of US dollars.

Are Indonesia's 4 Volcano Eruptions Connected? What Expert Says

Experts have clarified that the recent simultaneous eruptions of Mount Ibu, Mount Ili Lewotolok, Mount Semeru, and Anak Krakatau are natural occurrences driven by tectonic dynamics rather than interconnected magma chambers. The Geological Agency and disaster experts emphasised that these events are a result of individual volcanic systems reaching critical pressure within the Ring of Fire.

Three names in Ponorogo Deputy Regent race begin SKCK processing

Three individuals have applied for Police Record Certificates (SKCK) as part of their requirements to run for the position of Deputy Regent of Ponorogo. The applicants include a village head, an advocate, and a former inspector, as the region prepares for a leadership transition.

Economic Impact of Krakatau Could Reach Rp100 Billion, Here is the Explanation

The economic fallout from volcanic ash disruptions caused by Krakatau could potentially exceed Rp100 billion, threatening airline performance in the third and fourth quarters. Industry experts emphasise the need for proactive passenger management and operational flexibility to mitigate the impact of flight cancellations and rerouting.

UK Prepares Harsh Sanctions Against Israel, What is Happening?

The British Foreign Secretary is set to announce sanctions against Israeli settlements in the West Bank as part of a significant policy reset. This move comes amid rising tensions in the region and potential diplomatic friction between the UK, the US, and Israel.

ESDM states B50 mandate could save approximately Rp170 trillion in foreign exchange

The Indonesian Ministry of Energy and Mineral Resources (ESDM) predicts that the B50 biodiesel mandate will save the nation up to Rp170 trillion in foreign exchange by reducing diesel imports. The initiative is also expected to significantly lower greenhouse gas emissions and boost domestic energy security.

Indonesia's carrier Giuseppe Garibaldi to arrive home on Sept. 17

The Italian Navy carrier Giuseppe Garibaldi is scheduled to arrive in Indonesia on 17 September, where it will be renamed KRI Gajah Mada. The vessel will be escorted by Indonesian Navy frigates and aircraft, with President Prabowo Subianto expected to attend the official inauguration on 25 September.

As Tax Holiday Era Ends, Government Seeks New Strategies to Attract Strategic Investment

The Indonesian government is exploring alternative incentive schemes, such as energy subsidies and Qualifying Refundable Tax Credits (QRTC), following the conclusion of the tax holiday facility. Additionally, BKPM has relaxed investment regulations for foreign investors in the electric vehicle charging station sector to bolster infrastructure.

Indonesia Successfully Develops New B50 Fuel, Drawing Interest from Japan and Europe

Indonesia has become the first nation to implement a 50% biodiesel blend (B50) in diesel fuel, positioning itself as a global leader in palm oil-based biofuels. This achievement has attracted interest from Japan, Malaysia, and Europe, who are now looking to study Indonesia's technical and regulatory frameworks.

Shopee expands VIP service benefits through integration of shopping and entertainment

Shopee Indonesia has expanded its ShopeeVIP+ subscription service by integrating premium entertainment access through a new partnership with Netflix. This strategic move aims to address the evolving lifestyle needs of users by combining e-commerce benefits with digital entertainment.

Iran Threatens US with 'Economic War' and Advanced Missiles

Iran has threatened the United States with an 'economic war' and the establishment of a maritime exclusion zone in the Persian Gulf following recent missile engagements. The escalation coincides with Houthi attacks on Saudi Arabian energy facilities, causing significant disruptions to regional oil operations.

Leadership Succession at Pertamina Foundation Group: Strengthening Synergy, Expanding Sustainability Impact

Pertamina Foundation has announced a new leadership structure for its Supervisory Board and the Rector of Universitas Pertamina to enhance organisational governance. The foundation aims to strengthen its role as a catalyst for the Pertamina Group's energy transition and sustainability agenda through research and community empowerment.

Alleged Free Nutritious Meal Poisoning at SMAN 1 Tunjungan Blora; Service Unit Cited for Third Incident

The Deputy Regent of Blora has recommended the permanent closure of the Sukorejo 2 Nutrition Fulfilment Service Unit (SPPG) following an alleged mass poisoning involving 136 students and one teacher. This incident marks the third violation by the unit, which had previously received warnings regarding its wastewater treatment facilities.

Finance Minister Purbaya Urges Local Governments to Prepare Risk Mitigation for Bond Issuance

Finance Minister Purbaya Yudhi Sadewa has advised local governments to implement robust risk mitigation strategies when issuing regional bonds to prevent national economic instability. This warning follows the DKI Jakarta Provincial Government's intention to proceed with bond issuance to fund major infrastructure projects.

Soekarno-Hatta Airport Periodically Cleans Runway and Apron of Volcanic Ash

Management at Soekarno-Hatta International Airport has implemented periodic cleaning of runways, taxiways, and aprons to remove volcanic ash from Mount Anak Krakatau. While safety measures are being prioritised, some flight delays and cancellations persist as airlines adjust their schedules.

Volcanic Ash Dispersion Subsides, Jakarta Schools to Resume In-Person Learning Tomorrow

The Jakarta Provincial Government has announced the end of distance learning for all schools following the reduction of volcanic ash from Mount Anak Krakatau. In-person classes are scheduled to resume on Wednesday, 9 September 2026, as local infrastructure and airports return to normal operations.

Purbaya Reveals New Plan: Citizens Issuing ID Cards Will Automatically Receive Bank Accounts

Finance Minister Purbaya Yudhi Sadewa has disclosed a government plan to automatically open bank accounts for citizens without existing accounts to streamline social assistance distribution. The initiative, directed by President Prabowo Subianto, aims to integrate population and financial data to ensure aid reaches the intended recipients more efficiently.

House of Representatives Urges Asset Recovery Agency to Enhance Transparency and Optimise Asset Recovery

A member of Commission III of the Indonesian House of Representatives (DPR RI) has called on the Asset Recovery Agency (BPA) to improve transparency and accountability regarding its performance. The legislator emphasised the need for detailed public reporting on the sources and success rates of asset recovery to ensure the agency does not merely act as a storage facility for seized assets.

President Outraged, Bluntly Points to Authoritarian Regimes

The United States government has issued a stern warning to the UK regarding proposed regulations that would prioritise mainstream broadcasters on digital platforms like YouTube. Washington argues that such algorithmic preferences could provide a blueprint for authoritarian regimes to justify censorship and undermine independent journalism.

Anak Krakatau Volcanic Ash Temporarily Hindered Pier Construction in Lampung

The Indonesian Navy has reported that volcanic ash from the Anak Krakatau eruption caused a one-day delay in the construction of a pier in Lampung. The facility is being prepared to accommodate the arrival of the Italian aircraft carrier ITS Giuseppe Garibaldi, which will be renamed KRI Gajah Mada.