Indonesian Political, Business & Finance News

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Indonesian Navy to Send 100 Personnel to Italy for Training on Giuseppe Garibaldi Aircraft Carrier

Indonesia's Navy will deploy approximately 100 personnel to Italy for training on operating the Giuseppe Garibaldi aircraft carrier, which is projected to become Indonesia's first aircraft carrier, with arrival expected before the Navy's 81st anniversary in October 2026. The training will include direct instruction aboard the vessel during its voyage from Italy to Indonesia, with the ship expected to support both military operations other than war and conventional military operations. The aircra

Marine Corps Prepares Training Materials for Civil Service Reserve Component

The Indonesian Marine Corps (Korps Marinir) is preparing comprehensive training materials for a reserve component (komcad) programme involving 2,000 civil service personnel (ASN) scheduled to commence in April 2026. The training will be conducted across five military education facilities nationwide over approximately 1.5 months, with the Ministry of Defence allocating 4,000 total quotas across government ministries and agencies for two waves of training. The curriculum will emphasise Marine Corp

ASMINDO Strengthens Global Furniture Supply Chain Through Indonesia-US Strategic Partnership

ASMINDO, Indonesia's furniture and handicrafts industry association, is reinforcing its commitment to sustainable trade partnerships with American hardwood exporters through the American Hardwood Export Council (AHEC), following the signing of a reciprocal tariff agreement between Indonesia and the United States in February 2026. The partnership aims to enhance competitiveness and export volumes whilst maintaining domestic wood as the primary raw material, with American hardwood serving as a pre

Ministry of Industry Clarifies Sedaap Noodle Worker Termination Controversy

The Ministry of Industry has clarified that Mie Sedaap's noodle factory in Gresik, East Java, did not terminate permanent employees but rather reduced its outsourced workforce following seasonal production normalisation. The ministry stated that the company had increased production capacity ahead of religious holidays to meet seasonal demand spikes, hiring temporary outsourced workers who were subsequently released once production returned to normal levels—a common practice in labour-intensive i

Ruben Amorim on Vasco da Gama's Radar as Manager Search Intensifies

Vasco da Gama has reportedly shortlisted Portuguese manager Ruben Amorim as a potential replacement after sacking Fernando Diniz and parting ways with Philippe Coutinho. The Rio de Janeiro club, currently languishing in 20th place in Brazil's Serie A, seeks a tactical mastermind to reverse their poor form, with Amorim among several Portuguese candidates being considered alongside Artur Jorge, Leonardo Jardim, and Carlos Carvalhal.

OJK Approves Merger of 4 Regional Banks to Strengthen UMKM Credit

Indonesia's Financial Services Authority (OJK) has approved the consolidation of four regional development banks (BPRs) in East Priangan into PT BPR Nusamba Tanjungsari, aiming to strengthen capital and competitiveness. The merger, which includes PT BPR Nusamba Sukaraja, Plered, Singaparna, and PT BPR Mitra Harmoni Indramayu, forms part of a broader strategy to enhance BPR efficiency and support micro, small, and medium enterprise (UMKM) financing across Indonesia.

Kazakhstan Plants Tens of Thousands of Trees to Restore Tigers Missing for 70 Years

Kazakhstan is undertaking an ambitious conservation project to reintroduce tigers to their historical habitat in the South Balkhash region after the species disappeared in the late 1940s. The government, supported by the World Wildlife Fund and United Nations Development Programme, planted 37,000 trees in 2024 alone and has planted approximately 50,000 saplings since 2021 to restore the ecosystem necessary for tiger survival. Two captive-bred tigers have already arrived in Kazakhstan, with wild

Riza Chalid's Interference Results in 15-Year Sentence for Son Kerry Adrianto

A Jakarta Corruption Court panel has found that oil entrepreneur Mohamad Riza Chalid played a role in facilitating a fuel terminal lease arrangement that led to his son Muhamad Kerry Adrianto Riza receiving a 15-year prison sentence in a Pertamina crude oil and refinery product management corruption case. According to the court's findings, Riza Chalid orchestrated the acquisition and lease of the Merak fuel terminal to PT Pertamina beginning in 2012, with Kerry eventually facilitating the deal t

BEM UI Stormed Police Headquarters Demanding Heavy Sentence for Bripda Mesias and Removal of National Police Chief

The University of Indonesia Student Executive Board (BEM UI) staged a protest at National Police Headquarters on 27 February 2026, demanding severe punishment for Bripda Mesias Siahaya, the police officer accused of fatally assaulting 14-year-old student Arianto Tawakal, and calling for the removal of National Police Chief Listyo Sigit and Maluku Provincial Police Chief Dadang Hartanto. The action, marked with the hashtag #AparatKepar4t, pressed broader demands including structural police reform

Three Chinese Brands Enter World's Top 10 Automotive Manufacturers 2025

Three Chinese automotive manufacturers – BYD, SAIC, and Geely – have entered the global top 10 rankings for 2025, with BYD reaching sixth place with 4.602 million units sold, marking its first time surpassing Tesla in electric vehicle sales. China's overall automotive market share increased to 35.6 per cent globally in 2025, whilst Chinese vehicle production reached 34.531 million units, maintaining the country's position as the world's largest automotive market for 17 consecutive years. The sur

Amid IHSG Pressure, Can BPJS Funds Become Indonesia's Market Bulwark?

The Indonesian Composite Index (IHSG) faces renewed pressure amid risks of foreign capital outflows ahead of the MSCI rebalancing and global macro uncertainty. BPJS Ketenagakerjaan (BPJS-TK), as a major domestic institutional fund, is positioned as a potential buffer for the market, with capacity to inject Rp40-70 trillion annually if its equity allocation is increased from the current 11-12% to 20-25% over the coming years.

Young Generation Switches Banks Easily, Deloitte Survey Reveals Reasons

A Deloitte report released on 12 February 2026 reveals that whilst Generation Z and millennials report high satisfaction levels (93-95 per cent) with their primary banks, they paradoxically pose the greatest risk of switching to other financial institutions. The survey finds that young consumers' loyalty is conditional rather than absolute, with even minor friction points—such as slow fund transfers, confusing fee structures, or poor digital experiences—triggering account closures. This phenomen

Secondary School Student in Belu Remains Hospitalised After Assault by Teacher

A 16-year-old student at SMA Negeri 1 Atambua in Belu, East Nusa Tenggara, remains hospitalised following a severe assault by substitute biology teacher Vince Aplugi on 24 February 2026. The teacher struck and threw the student after she was unable to draw a nerve cell diagram during an examination, subsequently striking all 33 students in the class. The police have initiated an investigation but are awaiting the victim's full recovery before conducting formal interviews, whilst the school admin

Reasons Behind Delayed Professional Allowance Payments for Madrasah Teachers, Ministry of Religious Affairs Claims No Obstacles

The Ministry of Religious Affairs (Kemenag) has addressed circulating reports that professional allowances for madrasah teachers for January and February 2026 remain unpaid. The Director General of Islamic Education clarified that the delay is procedural, as budget allocation cannot be requested whilst Teacher Professional Education (PPG) programmes are still underway; budgets must be submitted in the preceding year and undergo Ministry of Finance review before disbursement.

Antam Gold Prices Rise Again Today

Antam gold prices increased on Friday, 27 February 2026, with 1-gram bullion trading at IDR 3,045,000 per unit, up IDR 6,000 from the previous trading session. The buyback price also rose to IDR 2,824,000 per gram. Global gold prices remain relatively stable as markets await the outcome of nuclear negotiations between the United States and Iran, with spot prices hovering around USD 5,182 per troy ounce.

Drug Trafficker Erwin Arrested in North Sumatra Following Former Bima Police Chief Investigation

Erwin Iskandar, a wanted drug trafficker suspected of involvement in a case implicating former Bima City Police Chief AKBP Didik Putra Kuncoro, was arrested by the Indonesian National Police's Narcotics Directorate on 26 February 2026 in Tanjungbalai, North Sumatra, whilst allegedly attempting to flee to Malaysia by boat. Police identified Erwin as a methamphetamine distributor operating in the West Nusa Tenggara region and apprehended two additional suspects who were allegedly assisting his esc

Breaking News: IHSG Falls Deeper with 1.5% Correction

Indonesia's composite stock index (IHSG) declined 1.5% to 8,114 points on Friday morning as profit-taking activity continued following Thursday's losses. Technical analysis suggests a Bearish Rising Wedge pattern could trigger further correction to support levels of 7,800-7,900, whilst global economic sentiment remains pressured by new US trade tariffs on Indonesian solar products at 104.38%.

Online Vehicle Registration Renewal for Others Now Available: Here Are the Requirements

Indonesia's vehicle registration authority now allows annual vehicle registration certificate (STNK) renewal online through the SIGNAL application without visiting a local Samsat office. The service permits registration renewal on behalf of family members listed on the same household card, requiring documents such as vehicle registration numbers, identity cards, and email verification through a simple app-based process.

Government Should Facilitate, Not Direct Village Red and White Cooperatives

This opinion article critiques the government's Village Red and White Cooperative (KDMP) programme, arguing that government should facilitate rather than direct cooperative development. The author contends that the top-down implementation across 80,000 villages simultaneously, mandatory village fund reductions, and sudden procurement of 105,000 vehicles from India contradict cooperative principles of bottom-up, democratic, grassroots economic movements and violate constitutional protections for

Global Gold Prices Remain Stable as Markets Await US-Iran Nuclear Negotiations Results

Global gold prices held steady on 26 February 2026, with spot gold trading at $5,168.72 per ounce as market participants adopted a cautious stance ahead of the third round of indirect nuclear negotiations between the United States and Iran in Geneva. Market analysts anticipate potential price corrections if geopolitical agreements are reached, though long-term upside momentum remains possible with prices potentially reaching $5,340-$5,400 per ounce. Rising US import tariffs and expectations of F

Archive Statistics

259,506
Total Articles
1012
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1994-2026
Coverage Period