Indonesian Political, Business & Finance News

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BPS: January 2026 Imports Reach $21.20 Billion, Dominated by Raw Materials

Indonesia's imports in January 2026 reached $21.20 billion, representing an 18.21 per cent year-on-year increase, according to the Central Statistics Agency (BPS). The surge was primarily driven by non-oil and gas imports, particularly raw materials and capital goods, reflecting increased domestic investment and production activity. Machinery and electrical equipment, mechanical machinery, and plastic products were the three largest non-oil and gas commodities imported, collectively accounting f

Residents Resume Fishing in Cisadane River After Pesticide Contamination Incident

Residents in Tangerang have returned to fishing in the Cisadane River following a pesticide contamination incident in early February 2026 that killed numerous fish. Local fishermen report that the river has largely recovered, with fish populations returning and water quality improving, though cleanup efforts by disaster management and fire service personnel were required to remove fish carcasses and debris.

Over a Month On, Clean Water Still Not Flowing in RW 03 Jembatan Besi

Residents of RW 03 Jembatan Besi in Jakarta Barat have gone without mains water supply for over a month as of early March 2026, continuing to rely on water tanker assistance and purchasing water from vendors. Whilst PAM Jaya has provided regular water tank deliveries, officials have only conducted preliminary inspections and have not provided clear information on the nature of the problem or repair timeline, with residents yet to see any actual repair work commence in their areas.

Try Sutrisno, Military Engineer Who Became Presidential Aide and Later Vice President of the Republic of Indonesia

Try Sutrisno, Indonesia's sixth Vice President, has died at the age of 90. His career spanned the upper echelons of military and political power during the New Order era, beginning as Presidential Aide to Suharto in 1974 and culminating in his appointment as Vice President in 1993, a position he held until 1998 when he was succeeded by B.J. Habibie.

Evaluation of Special Gas Price Recipients Intensifies as Industry Faces Gas Shortage

Indonesia's Commission XII of the House of Representatives is pushing for a review of the special gas price (HGBT) policy amid industry complaints of insufficient supply at the start of 2026. The commission argues allocations should prioritise domestic industrial strengthening over export-focused production, with some recipients directing 90 per cent of output abroad. Uncertainty over gas quotas is threatening factory utilisation rates, production costs, and the government's 8 per cent economic

Tokocrypto CEO: Crypto Begins Recovery Following Initial Iran–Israel Conflict Pressure

The escalation of the Iran–Israel conflict triggered sharp volatility in cryptocurrency markets, initially causing significant corrections before recovery. According to Tokocrypto's CEO, Bitcoin has demonstrated neither the characteristics of a traditional safe haven asset like gold nor pure speculation, instead occupying a middle position with strengthening institutional demand. Bitcoin's 78 per cent correlation with the S&P 500 indicates crypto remains sensitive to broader market movements and

Jakarta Composite Index Closes Down 1.60 Per Cent in Morning Session; Stock Exchange Chief Urges Investors to Remain Rational

Indonesia's Jakarta Composite Index (IHSG) fell 131.767 points or 1.60 per cent to 8,103.718 on Monday 2 March 2026, pressured by geopolitical tensions between Iran and Israel affecting global financial markets. The Acting Chief Executive of the Indonesia Stock Exchange (IDX), Jeffrey Hendrik, has urged investors to remain calm and rational, basing investment decisions on fundamental analysis rather than short-term market sentiment and speculation.

Deputy Jakarta Governor Rano Karno Unaffected by Middle East Flight Disruptions, Return Umrah Schedule On Track for Tomorrow

Rano Karno, Deputy Governor of Jakarta, remains unaffected by international flight disruptions caused by escalating Middle East conflict between the United States and Israel against Iran. His scheduled return to Indonesia on Tuesday, 3 March 2026, after completing his umrah pilgrimage remains on track, as his aircraft operates on a direct route without transiting through affected hubs. Multiple major airlines including Emirates, Etihad Airways, Flydubai, and Qatar Airways have cancelled, suspend

Commission III Meets with Sukabumi Police Chief to Discuss Child Abuse Case

Indonesia's Commission III of the House of Representatives held a public hearing regarding the death of Nizam Syafei, a child from Sukabumi, West Java, allegedly killed by his stepmother. Commission chairman Habiburokhman emphasised the inquiry was not intended to interfere with the investigation but to ensure it proceeded according to law, whilst expressing suspicion that others besides the stepmother may have been complicit in the abuse and neglect.

Try Sutrisno Dies; Interior Minister Tito Karnavian: He Was Among the Nation's Finest Sons

General (Retired) Try Sutrisno, Indonesia's sixth Vice President who served from 1993 to 1998, has died at the age of 90 at the Armed Forces Central Hospital in Jakarta on Monday morning. Interior Minister Muhammad Tito Karnavian and State Secretary Prasetyo Hadi paid tribute to Sutrisno's lifelong dedication to the nation and urged Indonesians to honour his legacy of integrity and exemplary leadership as an inspiration for future generations.

Donald Trump Opens Dialogue Opportunity with Iran's New Leadership

Following a devastating joint US-Israeli military operation that killed Iranian Supreme Leader Ayatollah Ali Khamenei on 28 February, US President Donald Trump has signalled willingness to negotiate with Iran's remaining leadership. The escalating regional conflict has already caused significant global economic disruption, with oil prices surging, major shipping routes disrupted, and airports across the Middle East forced to close, whilst Iran maintains it will continue resistance despite the lo

Seeking Signal in Remote Atadei for Academic Ability Test

Eight sixth-form pupils from SD Inpres Atalojo in Lembata Regency, East Nusa Tenggara, must trek 2.5 kilometres daily to Watulolo village to access stable internet connectivity for their online Academic Ability Tests (TKA), accompanied by three teachers navigating challenging terrain and unpredictable weather. The journey highlights the digital infrastructure divide in Indonesia's remote regions, where Lembata District currently achieves only 70 per cent internet coverage despite 100 per cent ne

Strait of Hormuz Closure: Logistics Costs in Indonesia Set to Soar

Potential disruption to the Strait of Hormuz amid Middle East conflict threatens to increase Indonesia's logistics costs significantly, as the country remains heavily dependent on road transport powered by diesel. The supply chain expert warns that a 10–30 per cent rise in diesel prices could translate to 3.5–12 per cent increases in trucking fees, ultimately pushing consumer prices higher. With logistics costs comprising around 14 per cent of product prices, even modest fuel increases pose infl

Tomorrow, Marcella Santoso and Ary Gadun FM Will Face Judgment Hearing in Judge Bribery Case Over CPO

Advocates Marcella Santoso and Ariyanto Bakri, along with several others, are scheduled to face a verdict reading on Tuesday, 3 March 2026, in a high-profile corruption case involving bribery of a judge who acquitted three crude palm oil corporations. Santoso and Bakri each face sentences of 17 years imprisonment plus fines of 600 million rupiah, with additional charges related to obstruction of investigation involving former Jakarta TV director Tian Bahtiar and cyber activist M. Adhiyya Muzakki

Migrant CARE Opens Emergency Desk to Protect Indonesian Workers in Middle East

Migrant CARE has opened an emergency desk and complaint channel to protect hundreds of thousands of Indonesian migrant workers in the Middle East amid escalating regional conflict. Executive Director Wahyu Susilo expressed deep concern that the instability poses direct threats to Indonesian workers' safety and called on the Indonesian government to establish information channels, provide regular situation updates, and prepare contingency plans. The organisation has established hotlines and compl

Constitutional Court Rejects Challenge to New Criminal Code Provision on Unauthorised Protests

Indonesia's Constitutional Court has rejected a legal challenge brought by 13 law students against Article 256 of the new Criminal Code (Law 1/2023), which criminalises unauthorised public demonstrations that disrupt public order. The court ruled that the provision is constitutional provided it is interpreted as requiring both the absence of prior notification to authorities and the occurrence of actual public disturbance for criminal liability to apply, thereby protecting the right to freedom o

February Inflation Surges to 0.68%, Gold Prices Drive Main Catalyst

Indonesia's Central Statistics Agency (BPS) reported February 2026 inflation reached 0.68% month-on-month, driven significantly by surging gold prices which contributed 0.19 percentage points and rose 8.42% year-on-year. Additional inflationary pressures came from fresh chilli, fresh fish, and red chilli, whilst gold prices climbed to IDR 3.135 million per gram, largely attributed to escalating geopolitical tensions between Iran, the United States, and Israel.

Remembering Try Sutrisno: Cak Imin Pays Tribute to His Long Legacy of Service to Indonesia

Abddul Muhaimin Iskandar, chairman of the National Awakening Party (PKB), expressed condolences following the death of Indonesia's sixth Vice President Try Sutrisno on Monday, 2 March 2026, at the age of 90. Cak Imin highlighted Sutrisno's enduring legacy of leadership and commitment to national unity during his distinguished military and governmental career, which included serving as Vice President from 1993 to 1998.

Allocation of Ferry Ports During the 2026 Eid Transport Period

The Ministry of Transportation, working with the National Police Traffic Corps and the Ministry of Public Works, has established an operational strategy for allocating ferry port capacity during the 2026 Eid transport period to manage potential vehicle congestion at critical points such as Merak, Bakauheni, Ketapang, and Gilimanuk ports. The allocation, outlined in a joint ministerial decree, divides port berths by vehicle category and axis, with different schedules for outbound traffic (return

Mitigating Climate Change and Protecting Coastal Areas Through Mangrove Planting

Paint manufacturer PT Avia Avian Tbk has planted over 6,000 mangrove trees at Pantai Martajasah in Bangkalan, East Java, as part of its environmental sustainability and climate change mitigation strategy. The initiative includes nursery training and capacity-building for local communities to ensure long-term ecosystem management whilst generating economic benefits for coastal residents. The mangrove rehabilitation project is designed to support natural carbon capture schemes and preserve biodive

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263,973
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1994-2026
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