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Video: DPR: Capital Market Reform Drives Indonesia's Credibility on Global Stage

Indonesia's House of Representatives (DPR) and financial regulators have launched a comprehensive capital market reform agenda to strengthen the country's international credibility and investor confidence. The Financial Services Authority (OJK), Indonesia Stock Exchange (BEI), and Securities Depository Agency (KSEI) are implementing eight action plans to address requirements from global rating agencies MSCI and FTSE Russell, including enhanced transparency, increased free float to 15%, and improved shareholder concentration data.

US Urges American Citizens to Immediately Leave Dozen-Plus Middle Eastern Countries

The US State Department has urged all American citizens to immediately leave more than a dozen Middle Eastern countries, including Saudi Arabia and Qatar, amid escalating US-Israel military operations against Iran. The unusual announcement was made via social media by a State Department assistant secretary, prompting questions about whether this constitutes formal government policy, with journalists noting the unconventional method of dissemination.

BRI Support Drives Hijasmita's Creativity, Presents Modern Hijab Design with Local Flavour

Hijasmita, a Jakarta-based fashion brand founded in 2019, creates modern scarves and outer garments that incorporate Indonesia's local ornaments and wisdom. The brand's founder, Mita, has scaled her business through BRI's BRIncubator programme at Rumah BUMN Jakarta, receiving intensive mentoring in marketing, branding, digitalisation, and financial management to structure and strategically develop her enterprise.

Netherlands accepts France's offer for nuclear weapons cooperation

The Dutch government has accepted France's offer to pursue closer cooperation on nuclear weapons, as communicated by Defence Minister Dilan Yesilgoz-Zegerius and Foreign Minister Tom Berendsen to parliament. France's proposal aims to strengthen Europe's role in nuclear deterrence in coordination with NATO allies, with France emphasising that such cooperation would enhance its arsenal and extend a "European dimension" to its deterrence strategy whilst maintaining France's sole authority over any decision to use nuclear weapons.

Ministry of Forestry Charges 12 Illegal Gold Mining Perpetrators with Prison Sentences at Tanjung Puting National Park

The Indonesian Ministry of Forestry has charged 12 suspects with illegal gold mining (PETI) in Tanjung Puting National Park in Central Kalimantan, a critical habitat for the endangered Bornean orangutan. The suspects face prison sentences of up to 15 years and fines reaching Rp10 billion each, following their arrest during a joint operation in November 2025. The case files have been transferred to the West Kotawaringin District Prosecutor's Office for prosecution.

BNPB: 111 Jember residents evacuated from flooding

The National Disaster Management Agency (BNPB) reported that 111 residents in Jember Regency, East Java were evacuated following severe flooding triggered by more than six hours of heavy rainfall. The flooding, caused by four overflowing rivers including the Dinoyo, Kaliputih, Badean, and Kalijompo rivers, affected 132 households (435 people) across four villages and two sub-districts, with water levels reaching 40–70 centimetres. Disaster response teams coordinated by the Jember Regional Disaster Management Agency (BPBD) are providing logistical support and continuing assessments as water levels begin to recede.

Yaqut's Legal Team Claims Suspect Designation in Hajj Quota Case is Invalid

The legal team of former Religious Affairs Minister Yaqut Cholil Qoumas has challenged the validity of his designation as a suspect in an alleged corruption case involving additional hajj quotas, arguing that the KPK lacks sufficient evidence, proper procedure, and jurisdiction. The defence team contends that the KPK failed to meet minimum evidentiary standards, failed to follow proper legal procedures under the new Criminal Procedure Code, and that the suspect designation letter was issued improperly without the required formal documentation.

Airlangga: Total Holiday Assistance for Ride-Hailing Drivers Reaches Rp220 Billion for 850,000 Partners in 2026

Indonesia's Coordinating Minister for Economic Affairs Airlangga Hartarto announced that total Holiday Assistance (BHR) for ride-hailing (ojol) drivers in 2026 will reach Rp220 billion, benefiting approximately 850,000 drivers—double the previous year's allocation. The distribution will involve major ride-hailing platforms including GoTo, Grab, Maxim, and inDrive, with the government urging disbursement to occur at least seven days before Eid al-Fitr 2026.

Farmers Request Review of 12.5% CPO Export Levy Amid Volatile Global Situation

Farmers and industry representatives are calling for a reassessment of Indonesia's flat 12.5% export levy on crude palm oil (CPO), arguing that the fixed rate is unsustainable if global prices decline sharply due to geopolitical tensions. The new tariff was established by Finance Minister Purbaya Yudhi Sadewa through Ministry of Finance Regulation No. 9 of 2026, replacing the previous progressive levy system that adjusted with price movements.

Airlangga: Festive Holiday Allowance Cannot Be Paid in Instalments, Must Be Distributed by H-7 Eid

Indonesia's Coordinating Minister for Economic Affairs Airlangga Hartarto has mandated that Tunjangan Hari Raya (THR/Festive Holiday Allowance) for private sector workers must be paid in full no later than seven days before Eid and cannot be paid in instalments. The regulation stipulates that workers with at least one year of service receive one month's salary, whilst those with less than a year receive a proportional amount. With approximately 26.5 million registered wage earners expected to receive the benefit, the total THR distribution is estimated at Rp124 trillion, intended to significantly boost national consumption during the festive period.

The Secret to Adolescent Mental Strength: NTNU Study Reveals Key to Student Motivation and Courage

Norwegian researchers from NTNU studied 7,260 secondary school students to identify factors shaping adolescent mental resilience, finding that motivation stems from four core inner qualities: enthusiasm, compassion, courage, and sense of safety. The research revealed significant gender differences, with male students reporting higher motivation and confidence whilst female students demonstrated stronger empathy but higher self-criticism, suggesting schools should tailor support approaches to address these distinct needs.

Bareskrim Oversees Death Case of NS in Sukabumi, Investigating Allegations of Negligence by Father

Indonesia's Criminal Investigation Directorate (Bareskrim) is overseeing the case of 12-year-old Nizam Syafei's death in Sukabumi, West Java, investigating allegations of parental negligence. An autopsy revealed blunt trauma and severe burns on the child's internal and external organs, contradicting claims of leukaemia, with the stepmother identified as the primary suspect. The Indonesian Child Protection Commission has characterised the case as filicide—intentional murder of a child by a parent.

BEI Chief Confident Indonesia to Enter Top 10 Global Exchanges Through Demutualisation

The Acting Director General of Indonesia Stock Exchange (BEI), Jeffrey Hendrik, stated that BEI remains one of the few major global exchanges that has not yet undergone demutualisation, a structural transformation from a membership-based organisation to a publicly-tradable company. Hendrik expressed confidence that with demutualisation implemented over the next 4-5 years, BEI could achieve a position within the world's top 10 exchanges, becoming more modern, agile, and professional in operations.

US Secretary of State Claims US "Forced" to Attack Iran Due to Israel's War Appetite

US Secretary of State Mark Rubio has claimed that the Trump administration was compelled to launch strikes against Iran due to Israel's determination to attack and the certainty that American forces would face retaliation. Rubio and other senior US officials briefed Congress on the justification for American military intervention in the Iran conflict, whilst Vice President JD Vance stated the US objective is to prevent Iran from acquiring nuclear weapons.

Indonesia Could Enter Top 10 Global Exchanges, Here Are the Conditions

Indonesia's stock exchange (BEI) currently ranks in the global top 20 and aims to reach the top 10 within 4-5 years through demutualization reforms. Acting Chief Executive Jeffrey Hendrik states that demutualization will enhance competitiveness, modernisation, and governance, positioning BEI as a world-class exchange comparable to major global peers in integrity and operational standards.

Merak Toll Expected to Become Congested with Trucks Ahead of Mudik Restrictions

The Indonesian government will restrict truck movement on toll roads from 13 to 25 March 2026 during the Lebaran mudik (homecoming) period, allowing only essential cargo such as fuel, cash deliveries, livestock feed, fertiliser, and disaster relief supplies. Banten Police expects significant truck congestion at Merak Toll from now until 12 March as logistics vehicles rush to cross before the restrictions take effect, with the police pledging professional and humanitarian security operations during the holiday period.

Pekalongan Regent's Office Sealed by KPK Following Arrest of Regent Farida Arafiq

The Corruption Eradication Commission (KPK) has sealed the offices of Pekalongan Regent Farida Arafiq and several other officials following an operation on 3 March 2026. Arafiq has been brought to Jakarta for further investigation, whilst the KPK spokesman indicated that multiple individuals from the Pekalongan region were secured during the closed investigation, with details regarding additional suspects and alleged corruption charges to be determined within 24 hours.

Labour Minister Calls for Ride-hailing Driver Holiday Bonus Payment by Seven Days Before Eid

The Indonesian government has announced a total holiday bonus (BHR) of Rp 220 billion for approximately 850,000 ride-hailing drivers during Eid al-Fitr 2026. Labour Minister Yassierli has urged ride-hailing app companies to distribute the bonuses as quickly as possible, with a maximum deadline of seven days before Eid, with payments to be made in cash of at least 25 per cent of average net income over the past 12 months.

Indonesia Ready to Facilitate Dialogue to End Israel-US-Iran Conflict, Foreign Minister Tells Tehran

Indonesian Foreign Minister Sugiono has communicated with Iran's Foreign Minister Abbas Araghchi, offering Indonesia's services as a mediator in the escalating Middle East conflict between Israel, the United States, and Iran. Indonesia has called for all parties to exercise maximum restraint, pursue de-escalation, and uphold international law and the UN Charter. The diplomatic overture comes following widespread military strikes in the region, including Israeli and American attacks on Iranian targets and Iranian retaliatory strikes against US military bases across the Middle East.

BEI and Regulatory Strategies to Boost Investor Interest as Free Float Reaches 15%

Indonesia's capital market regulator OJK and the Indonesia Stock Exchange (BEI) have outlined eight comprehensive reform actions to strengthen market integrity and credibility, including raising the free float requirement to 15% and improving shareholder disclosure transparency. These measures respond to concerns raised by global rating agencies MSCI and FTSE Russell, whilst representing a structural overhaul aimed at deepening Indonesia's financial market and restoring investor confidence in the economy.

Archive Statistics

265,989
Total Articles
1012
News Sources
1994-2026
Coverage Period