Indonesian Political, Business & Finance News

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Middle East Conflict: Bahlil to Increase BBM Storage Capacity to 90 Days

Energy Minister Bahlil Lahadalia announced plans to boost Indonesia's BBM storage capacity from about 25–26 days to 90 days, aligning with international standards. The move follows a comparison with Japan's 254 days of stock and underscores Indonesia's energy resilience amid Middle East tensions. Construction is planned to begin in 2026, with a storage site in Sumatera.

US–Israel Attack Damages Historic Site in Iran

The Iranian Foreign Ministry condemns a missile strike on Golestan Palace in Tehran by the United States and Israel as a flagrant war crime and breach of international law. The spokesperson cites damage to a UNESCO World Heritage site and accuses the attack of violating the Hague Convention of 1954, Additional Protocol I to the Geneva Conventions of 1977, and the Rome Statute, warning that deliberate strikes on Iran’s cultural heritage constitute a stark breach of international humanitarian law.

Aceh Housewife Swindles Rental Car, Trades It for Meth

A housewife from Montasik, Aceh Besar, has been arrested after allegedly exchanging a rented car for methamphetamine. Police are tracing the vehicle and investigating possible involvement of others; the suspect faces charges under Article 486 of the Indonesian Penal Code.

Iran's President tells Gulf states there is no option but to retaliate

Iran's President Masoud Pezeshkian has urged Gulf states to pursue diplomacy but warned that Iran has no choice but to retaliate in response to US-Israeli strikes. The remarks followed a telephone briefing with Qatar's Prime Minister, who criticised Tehran's claims and highlighted civilian harm and the targeting of critical infrastructure in Qatar.

US 'Armageddon' Over Iran, Fuel Shortages See People Turn to Firewood

Iran's decision to close the Hormuz Strait in response to US and Israeli actions unsettles global energy markets, stoking fears of price spikes and supply disruption. The piece revisits the 1979 US oil crisis, detailing domestic shortages, long queues at gas stations, and a shift toward wood for heating, before noting how tensions around Hormuz echo that crisis.

IRGC: 650 US Troops Killed in Iranian Retaliatory Attack

The Islamic Revolutionary Guard Corps (IRGC) claims that its early counterstrike against the Zionist-Israeli-US alliance has killed about 650 US personnel, with additional casualties reported as the two-day war unfolds. The IRGC says it carried out drone and missile strikes on targets across Israeli-occupied territories and US bases in Gulf states, including assets in the UAE, Qatar, Kuwait, Bahrain, Saudi Arabia, and Jordan, while other actions targeted the USS Abraham Lincoln carrier group and even the CIA complex in Riyadh. The figures are unverified and come amid escalating regional hostilities, with civilian casualties cited by Iran’s Red Crescent Society.

Lawyer Slams State Loss in Additional Hajj Quota as Yaqut Is Named a Suspect

Lawyers for former Religious Affairs Minister Yaqut Cholil Qoumas challenge the state-financial loss calculation in the alleged corruption over the additional Hajj quota, arguing losses must be real and proven by 8 January 2026. They have filed a pretrial to test KPK's proceedings and seek nullification of three investigative warrants; the KPK has also barred Yaqut and his aide from foreign travel for up to six months, while the Audit Board cites a state loss of Rp622.09 billion for 2023–2024.

Imsak Timetable for Kupang and Surrounding Areas Today, Thursday 5 March 2026

Timetables for imsak and subuh in Kupang and surrounding regencies on Thursday 5 March 2026 are published, based on data from the Bimas Islam section of the Indonesian Ministry of Religious Affairs. The article also provides the Ramadhan niyyah prayers in both transliteration and English meanings for readers observing the fast. The information covers multiple districts in East Nusa Tenggara (NTT) to help Muslims observe suhoor and fasting correctly.

Imsak timetable today in Medan and the Fajr adhan time on Thursday 5 March 2026

The article provides the official imsak and fajr times for Medan on 5 March 2026, drawn from Binmas Islam of the Ministry of Religious Affairs (Kemenag RI). It notes imsak at 05:10 WIB and fajr at 05:20 WIB on Ramadan day 15, and emphasises consulting official sources for accurate timing.

KPK says Pekalongan Regent Fadia Arafiq's staff consistently document in WhatsApp groups when taking money

The Indonesian anti-corruption agency (KPK) reports that staff of Pekalongan Regent Fadia Arafiq routinely posted documentation of cash withdrawals in WhatsApp groups as part of alleged corruption. The disclosures accompany ongoing arrests in a Ramadan-era crackdown, including Arafiq being named the sole suspect on 4 March for outsourcing and other procurement in Pekalongan's 2023-2026 budget.

Germany Firmly Rejects Zionist-US Call to War on Iran

Germany's defence minister says Berlin will not join a war against Iran and seeks to de-escalate tensions, aligning with earlier European positions. The conflict escalated after a February 28 strike on Iran, killing the Supreme Leader's family and other Iranian officials, with Iran's retaliation hitting US bases in the Gulf, drawing in regional states.

Bag-snatching Suspect Detained After Hitting Two Motorcyclists in Parung, Bogor

Police have detained a bag-snatching suspect, identified as AS (32), after an incident in Parung, Bogor, West Java. The suspect allegedly rammed two motorcyclists as he tried to flee from pursuing residents, and is in custody at Parung Police Station for further investigation. Authorities urged the public to stay vigilant and report crime in their communities.

Oil Tanker Traffic Through the Strait of Hormuz Falls by 90%

Geopolitical tensions in the Middle East have sharply disrupted energy flows, with Kpler reporting a 90% drop in tanker traffic through the Strait of Hormuz since the US-Israel attack on Iran. Iran says traffic has been completely halted, but some vessels still navigate the strait, occasionally under AIS blackout. Indonesia's Pertamina is preparing alternative routes to safeguard crude supply as global powers debate sanctions and measures affecting oil shipments.

KPK reveals husband and son of Fadia Arafiq received Rp13.7 billion in corruption proceeds

The KPK disclosed that Fadia Arafiq's husband and two of her children received funds from suspected corruption amounting to Rp13.7 billion between 2023 and 2026. The breakdown cites FAR Rp5.5b, ASH Rp1.1b, MSA Rp4.6b and MHN Rp2.5b, with the family also receiving around Rp5.3b in total, bringing the combined amount to Rp19b. The arrests included Fadia Arafiq on 3 March 2026 and 11 others; on 4 March she was named the sole suspect in a case involving outsourcing services and other procurement in Pekalongan Regency for the 2023-2026 fiscal year.

KPK Says Pekalongan Regent Fadia Arafiq, Assisted by Her Son, Intervened with Department Heads

The Corruption Eradication Commission (KPK) alleges that Pekalongan Regent Fadia Arafiq, aided by her son Muhammad Sabiq Ashraff, and trusted aides, intervened with heads of departments within the Pekalongan Regency Government to secure outsourcing services for PT RNB (Raja Nusantara Berdaya). The agency also suspects she pressed officials at the regional general hospital and sub-district offices to benefit the family-owned company; she has been named a suspect in an alleged procurement-related corruption case for 2023–2026.

Muzani Reveals the Outcome of Prabowo's Discussion with Former Presidents at the Presidential Palace

Ahmad Muzani, chair of the Indonesian MPR, disclosed that President Prabowo Subianto listened to views from former presidents and senior figures, using them as reference for decision-making. The four-hour meeting at the Presidential Palace also addressed evolving global geopolitical tensions, including the Iran–US–Israel dynamics, with Jokowi, Susilo Bambang Yudhoyono, and Jusuf Kalla among those contributing. Muzani said Prabowo emphasised that his actions are guided by the nation's interests and called for national unity.

Hasil Riset: Industri Pindar Jadi Infrastruktur Penopang Likuiditas, Inklusi, dan Pertumbuhan

Katadata Insight Center’s latest research argues that Indonesia’s online lending (Pindar) sector has evolved from a financing option to a cornerstone of national financial infrastructure, supporting household liquidity, expanding financial inclusion, and catalysing macro growth, especially for MSMEs. The study notes a shift toward consumer-focused funding as a liquidity buffer amid slower growth, regional expansion, and measurable impacts on MSMEs and the wider economy. By August 2025, the industry reported 25.5 million active borrowers and Rp87.49 trillion in outstanding loans, underscoring its growing systemic relevance.

Qonnect+ Event to Strengthen Insurance Ecosystem Readiness in 2026

Qoala Plus is hosting Qonnect+ 2026 under the theme 'Be a Super Agent' to educate its partners on distributing insurance via partnerships, as the industry eye 2026 with an anticipated 5-7% growth in general insurance and evolving regulatory requirements. The event spans five Indonesian cities and highlights regulatory shifts, technology adoption, and preparations to safeguard consumer protection.

Cabinet Secretariat: Prabowo sends condolence letter ahead of Ayatollah Ali Khamenei's funeral in Mashhad

President Prabowo Subianto has sent a condolence letter following the death of Iran's Supreme Leader Ayatollah Ali Khamenei, in the wake of the US–Israel attack on Iran. The letter was handed to Iran's President Masoud Pezeshkian ahead of Khamenei's funeral in Mashhad, with Foreign Minister Sugiono briefing the Iranian ambassador. The discussions also touched on Middle East escalation and the importance of respecting international law and diplomacy to defuse tensions; Khamenei is to be buried in Mashhad, where his father is also interred.

Husband and Son of Pekalongan Regent Fadia Arafiq Allegedly Benefited from Corruption, Here Is the Explanation

The anti-corruption body KPK says Pekalongan Regent Fadia Arafiq’s husband and her son helped establish PT Raja Nusantara Berdaya (RNB) and later benefited from outsourcing contracts within the Pekalongan regional government. The disclosures emphasise concerns about family-linked firms winning public procurement, as KPK carried out Ramadan-era arrests, including the Regent, in Semarang, Central Java.

Archive Statistics

270,373
Total Articles
1012
News Sources
1994-2026
Coverage Period