Indonesian Political, Business & Finance News

Search and explore over 263,590 Indonesian news articles from 1994 to 2026

Latest Articles

Remains of Try Sutrisno Arrive at Funeral Home

The remains of Try Sutrisno, Indonesia's sixth Vice President who served alongside President Suharto from 1993 to 1998, arrived at a funeral home in Jakarta's Menteng district on Monday morning. Military figures and officials from the Pancasila Ideology Development Agency attended to pay respects, with his burial set to take place at the Kalibata Heroes' Cemetery. Sutrisno, who passed away at RSPAD Gatot Soebroto hospital, was a prominent military figure who rose through the ranks to become Depu

WHO Recognition Boosts Trust in Indonesian Pharmaceutical Products Globally

Bio Farma's Chief Executive Officer Shadiq Akasya has highlighted the significance of the company's WHO Listed Authority (WLA) recognition as a major achievement for Indonesia's pharmaceutical industry. The WLA status validates the quality of Indonesian medicines internationally, streamlines regulatory processes, and opens new opportunities for product development and exports to markets such as Nigeria and Pakistan. With this accreditation, Bio Farma—which currently exports to 150 countries—expe

Returning Home with a Hybrid Vehicle: Don't Just Pick Any Tyres

As Indonesia's Ministry of Transportation predicts 143.91 million people will travel during the 2026 Eid exodus (mudik), with private vehicles accounting for 52.98 per cent of travellers, proper vehicle maintenance is critical. Bridgestone Indonesia has issued guidance on tyre selection for hybrid vehicles, which are heavier than conventional cars and require more stringent tyre specifications to ensure fuel efficiency, comfort, and safety during long-distance travel.

Tributes and Moments: Try Sutrisno's Final Year Before Passing

Indonesia's sixth Vice President Try Sutrisno passed away on 2 March 2026 at the Armed Forces Central Hospital (RSPAD) Gatot Soebroto in Jakarta, aged 90. In his final year, Sutrisno remained active at official state events and gatherings, including a halal bihalal ceremony where Vice President Gibran Rakabuming Raka respectfully greeted him with a bow—a gesture that gained public attention given prior tensions between military veterans' groups and Gibran's administration.

Beware! Dozens of Indonesian Shares Could Fall Sharply Due to Iran Conflict

The escalating conflict between the United States, Israel, and Iran threatens to trigger capital outflows from Indonesian financial markets as a consequence of increased global risk aversion. Key vulnerabilities lie in major banking stocks, blue-chip shares with high foreign ownership, aviation sector equities sensitive to oil price volatility, and companies with substantial US dollar-denominated debt. The article identifies specific sectors and stocks including BBCA, BMRI, BBNI, BBRI, ASII, CMP

Palace Invites Public to Pray for Late Vice President Try Sutrisno

The Indonesian Palace, through State Secretary Prasetyo Hadi, has expressed deep condolences over the death of former Vice President Try Sutrisno, who passed away at the age of 90 on 2 March at the Central Army Hospital in Jakarta. The Palace has invited the public to pray for his forgiveness and called on the younger generation to emulate his dedication to the nation, noting that his passing during the holy month of Ramadan serves as a reminder of his service.

PPDI PT IPC Container Terminal Distributes Zakat Funds Through Rumah Zakat

PT IPC Terminal Peti Kemas' Islamic Outreach Centre (PPDI) has transferred collected zakat funds to Rumah Zakat, a national zakat institution, in a formal handover ceremony at Pelindo Tower in North Jakarta. The initiative represents the company's commitment to fulfilling its zakat obligations and distributing the funds to eligible recipients in need through a professionally managed mechanism. The collaboration between PPDI and Rumah Zakat is expected to continue, reinforcing corporate social re

Recalling the Political Dynasty Ban in Regional Elections Cancelled by the Constitutional Court

Two lawyers have filed a constitutional challenge seeking to prohibit blood relatives of the sitting president or vice-president from running for those offices, citing concerns about nepotism and conflicts of interest. Indonesia previously attempted to ban political dynasties in regional elections through Article 7(r) of Law No. 8/2015, but this provision was struck down by the Constitutional Court in 2015 after a legal challenge, with the court ruling it violated constitutional protections and

Iran-Israel Tensions Escalate; IHSG Faces Correction with Four Stock Recommendations This Week

The Indonesian Composite Index (IHSG) declined 0.44 per cent during 23-27 February 2026 amid escalating geopolitical tensions between Iran and Israel, following large-scale US and Israeli airstrikes on Iranian military targets designated as Operation Epic Fury. The uncertainty is exacerbated by US trade policy shifts, including Trump's plan to raise global import tariffs to 15 per cent and anti-subsidy duties on solar panels from Indonesia (86-143.3 per cent), whilst Iran's Islamic Revolutionary

List of Electricity Tariffs for 13 Non-Subsidised Customer Categories for March 2026

Indonesia's Ministry of Energy and Mineral Resources (ESDM) has announced that electricity tariffs for the first quarter of 2026 (January-March) will remain unchanged for 13 non-subsidised customer categories, a decision made to protect purchasing power. The decision is based on quarterly adjustments under a 2024 ministerial regulation that factors in macroeconomic parameters including exchange rates, crude oil prices, inflation, and coal prices, though in this instance the government opted for

Analysis of IHSG Collapse Exceeding 2%

The Indonesian Composite Index (IHSG) opened sharply lower on 2 March 2026, plunging 1.73% to 8,092.90 points, driven by escalating geopolitical tensions between the United States, Israel, and Iran following the reported death of Iranian Supreme Leader Ali Khamenei. The market decline reflects investor concerns over potential disruptions to global energy supplies and heightened Middle Eastern tensions, with most sectors weakening except energy stocks, whilst major banking and conglomerate stocks

Middle East Skies Filled with Missiles, Antam Gold Prices Soar

Antam gold prices surged by Rp50,000 per gram to reach Rp3,135,000 on 2 March 2026, reflecting heightened global geopolitical tensions. The buyback price for Antam gold also increased to Rp2,914,000 per gram, with tax implications governed by Indonesia's Finance Ministry regulations for both NPWP holders and non-NPWP buyers.

Smartphones Priced Below 1 Million Rupiah Set to Disappear as Chip Crisis Hits

Global memory chip shortages driven by artificial intelligence demands are reshaping the smartphone market, with average prices expected to surge 14% to $523 (8.7 million rupiah) in 2026 and budget phones under $100 (1.6 million rupiah) becoming unviable. The International Data Corporation predicts smartphone sales will plummet 12.9% to 1.12 billion units, marking the lowest figure in over a decade, whilst large manufacturers like Samsung and Apple are positioned to strengthen their market share

Vice-President Try Sutrisno Passes Away; Palace Expresses Deep Condolences

Indonesia's sixth Vice-President General Try Sutrisno (retired) died on Monday, 2 March 2026 at RSPAD Gatot Soebroto hospital in Jakarta at approximately 06:58 WIB. State Secretary Minister Prasetyo Hadi expressed profound condolences, describing Try Sutrisno as one of the nation's finest sons who dedicated his life to serving Indonesia. His body will be taken to a funeral home on Jalan Purwakarta, Central Jakarta.

30 Percent Toll Rate Discount to Apply from Nine Days Before Eid 2026

The Indonesian government will implement a 30 percent toll rate discount from nine days before Eid 2026 across all toll road segments as part of its economic stimulus package. The discount, an increase from the 20 percent discount offered during Eid 2025, aims to encourage motorists to depart earlier and ease congestion during the peak homecoming period. The toll discount is part of a larger Rp12.83 trillion first-quarter 2026 economic stimulus package that also includes transport ticket discoun

Iran Attacked by Israel and the US: Expert Reveals 4 Steps Indonesia Could Take

Following Israeli and American military strikes on Iran on 28 February 2026, international law expert Professor Hikmahanto Juwana from the University of Indonesia has warned that the Middle East escalation could significantly impact Indonesia's economy, particularly through disrupted oil supplies and global economic slowdown. He has recommended Indonesia pursue four diplomatic actions: condemning Israel's attack as a violation of UN Charter Article 2(4), requesting US restraint, preparing a Gene

Try Sutrisno Dies, State Secretary: One of the Nation's Finest Sons

Indonesia's sixth Vice President Try Sutrisno has died at a military hospital in Jakarta, with State Secretary Prasetyo Hadi expressing profound condolences and praising him as one of the nation's finest sons who dedicated his life to public service. The minister called on the public to pray for the deceased and urged the younger generation to emulate Sutrisno's example of dedication to the nation.

Rising Due to War: PT Antam Gold Price Soars Today

PT Antam Tbk's gold products surged significantly on 2 March 2026, with the 1-gram gold bar price jumping IDR 50,000 to IDR 3,135,000, whilst buyback prices also climbed to IDR 2,914,000 per gram. The rally mirrors global gold prices, which rose 1.4% to USD 5,360.49 per troy ounce, reaching levels unseen since December 2025 amid geopolitical tensions.

Traffic Management for 2026 Eid Holiday Exodus to Use Digital Technology, Says Police Traffic Chief

Indonesia's Police Traffic Corps (Korlantas) is implementing a comprehensive digital technology-based traffic management scheme for the 2026 Eid holiday exodus, utilising real-time monitoring systems including radar and traffic counting to optimise contraflow, one-way traffic, and lane reversals on toll roads. The strategy employs specific parameters, such as vehicle counts of 4,500-5,000 per hour triggering single-lane contraflow and 6,400+ vehicles triggering dual-lane contraflow, with nationa

Video: Israel and US Strike Iran, Jakarta Stock Exchange Opens Down 1.77%

A major military strike by Israel and the United States on Tehran on 28 February 2026 has heightened tensions in the Middle East and spooked global financial markets. The escalation has prompted Indonesian investors to take precautionary measures, with the Jakarta Composite Index opening down 1.77% at 8,089 and the Rupiah weakening to Rp 16,810 per US dollar.

Archive Statistics

263,590
Total Articles
1012
News Sources
1994-2026
Coverage Period