Indonesian Political, Business & Finance News

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Exxon Secures Business Certainty Until 2055, Adds US$10 Billion Investment

Indonesia has confirmed the extension of ExxonMobil's oil and gas operations until 2055, accompanied by an additional investment of approximately US$10 billion (Rp168 trillion), primarily targeting the Cepu Block in East Java. The deal, announced by Energy Minister Bahlil Lahadalia during President Prabowo Subianto's visit to Washington, forms part of a broader US$15 billion energy purchasing agreement between Indonesia and the United States covering LPG, crude oil, and refined fuel products.

Kediri–Tulungagung Toll Road Progress Temporarily Halted

Construction of the Kediri–Tulungagung toll road in East Java has been temporarily suspended following the expiry of its location determination permit in December 2025, with no official word yet from the Ministry of Public Works on an extension. The 44.17-kilometre National Strategic Project, initiated by PT Gudang Garam under a public-private partnership scheme with an estimated investment of Rp9.92 trillion, faces the prospect of restarting land acquisition from scratch if the project resumes.

Bekasi Flooding Spreads, 19,408 Households Forced to Fast Amid Floodwaters

Severe flooding across Bekasi Regency, West Java, has affected 19,408 households and displaced 376 people, with water levels reaching up to 170 cm in the worst-hit areas and landslides reported in multiple villages. The disaster, triggered by a full day of heavy rainfall, has also inundated 1,026 hectares of agricultural land, threatening local food production, whilst emergency agencies scramble to provide relief supplies including meals for sahur and iftar during Ramadan.

Kebumen Golden Village Programme Empowers Economy and Creates Jobs

The Desa EMAS (Advanced and Prosperous Economy) 2026 programme, initiated by the INOTEK Foundation and Sandiaga Uno's Yayasan Indonesia Setara, has begun training 37 MSME participants in Kebumen regency in banana stalk crafts to boost rural incomes. The Kebumen regency government has pledged full support for the six-month mentoring programme, noting that 449 villages across the district have significant potential for economic development under the One Village One Product concept.

Residents of Muara Batang Angkola Village in Mandailing Natal Refuse Relocation

Residents of the flood-prone village of Muara Batang Angkola in Mandailing Natal, North Sumatra, have unanimously refused government relocation proposals, citing their economic dependence on the area. The regional disaster agency has proposed centralised relocation of 464 houses across several flood-affected villages, following severe flooding of over two metres in late November 2025 that displaced more than 600 people from the village alone.

Theatre performances mark Balinese Language Month celebrations in Denpasar

The Bali Provincial Government is hosting a series of theatre performances as part of Balinese Language Month, running until 28 February at the Bali Cultural Park in Denpasar. Dozens of theatre groups comprising students, artists, and journalists are presenting works exploring themes of ancestral land, nature conservation, and contemporary social issues, underscoring official efforts to preserve Balinese cultural heritage.

Banjarmasin Mayor Urges House of Representatives to Review Impact of Regional Fiscal Policies

Banjarmasin Mayor Muhammad Yamin HR has called on House Commission II to reassess the impact of fiscal transfer policies to regions, warning that adjustments to regional transfers are undermining local government financial capacity and public service delivery. During a parliamentary recess visit, the mayor also raised concerns about waste management following the closure of a major landfill site, flooding infrastructure needs, and regulatory constraints hobbling regionally owned enterprises.

Prophet Muhammad's Hair and Sandals Exhibited at Pakansari Cibinong

The Bogor Regency government is hosting a free month-long exhibition of approximately 75 artefacts attributed to the Prophet Muhammad and his companions at the Pakansari area in Cibinong throughout Ramadan 1447 Hijriah. Displays include hair, beard, sandals, a staff, the Ka'bah's kiswah, and swords belonging to prominent Islamic historical figures, reflecting the local government's engagement with religious and cultural heritage programming.

Gerindra Legislator Presses Transport Minister on Lebaran Travel Readiness in Working Meeting

House Commission V member Novita Wijayanti raised wide-ranging transport preparedness concerns during a working meeting with Transport Minister Dudy Purwagandhi ahead of the 2026 Lebaran homecoming season. Key demands included maintaining the free homecoming bus programme without fleet reductions, controlling airfares, improving road lighting across several provinces, and enforcing maritime safety inspections during extreme weather. The legislator also pressed for acceleration of the Tanjung Car

Customs and Excise Officials Seal Jewellery Shop in Jakarta

Officers from the Directorate General of Customs and Excise sealed a safe containing jewellery at a shop in Jakarta's Pluit area on 20 February 2026, over suspected administrative violations related to imported goods. The operation was conducted jointly with the North Jakarta Regional Office of the Directorate General of Taxes, signalling a coordinated enforcement effort against potential import duty and tax irregularities in the luxury goods sector.

Civil Service Police to Go Undercover as Civilians to Monitor West Jakarta Nightlife Venues

West Jakarta's Civil Service Police Unit (Satpol PP) will deploy plainclothes officers to conduct covert surveillance of nightlife establishments during Ramadan, alongside uniformed patrols. The operations aim to enforce a DKI Jakarta gubernatorial regulation restricting operating hours for nightclubs, discotheques, massage parlours, karaoke venues, and bars throughout the holy month.

Capital Market Reform: IDX Prepares to Review FCA Trading in Second Quarter

The Indonesia Stock Exchange plans to review its Full Call Auction share trading system in Q2 2026, with simplification rather than expansion the likely direction of any changes. Acting chief executive Jeffrey Hendrik said enhanced data transparency and revised free float rules could render some special monitoring board criteria unnecessary, whilst a return to continuous trading for FCA-classified shares remains a possibility. The review forms part of a broader capital market reform agenda align

Pertamina Chief Says Indonesia to Increase LPG Imports from US to 70 Per Cent

PT Pertamina plans to raise the share of LPG imports sourced from the United States from approximately 57 per cent to 70 per cent, as part of the Indonesia-US reciprocal trade agreement (ART) signed by Presidents Prabowo Subianto and Donald Trump. The state oil company's chief executive, Simon Aloysius Mantiri, assured that all procurement would proceed through open tender and bidding mechanisms, with technical finalisation targeted within 90 days, and that the shift would not increase Indonesia

High-sugar foods not recommended for pre-dawn Ramadan meals

A nutritionist has warned against consuming high-sugar foods during sahur, advising that complex carbohydrates, protein and fibre are preferable for sustaining energy throughout the fasting day. The guidance aligns with Indonesia's Ministry of Health recommendation to limit daily sugar intake to 50 grammes, with the WHO suggesting added sugar should comprise less than 10 per cent of total daily energy intake.

Pertamina Chief: US Share of LPG Imports Could Rise to 70 Per Cent

Pertamina's president director has announced that the Indonesia-US trade agreement could increase the American share of Indonesia's LPG imports from 57 per cent to 70 per cent, as part of a broader US$15 billion energy import commitment. The deal, signed on 19 February as part of a reciprocal tariff agreement, encompasses LPG, crude oil, and refined petroleum products, with Pertamina insisting all procurement will remain subject to open tender processes.

Freeport permit extended for new reserve exploration, says Bahlil

Indonesia's Energy and Mineral Resources Minister Bahlil Lahadalia has confirmed the extension of Freeport-McMoRan's Special Mining Business Permit (IUPK) in Papua until 2061, citing the need to explore new reserves ahead of the projected 2035 production peak. The deal will increase Indonesia's ownership stake from 51 to 63 per cent by 2041 through a cost-free 12 per cent share divestment — part of which will go to Papua's regional government — whilst unlocking US$20 billion in investment over 2

Hundreds of North Sulawesi Police Personnel Clean Up Megamas Beach Area

Hundreds of North Sulawesi regional police personnel conducted a major clean-up of the Megamas Beach tourist area in Manado, collecting plastic waste and household refuse carried in by the tide. The initiative, led by the provincial police chief, was framed as a concrete contribution to President Prabowo Subianto's Indonesia ASRI environmental programme, and aimed to encourage broader community responsibility for waste management at one of the city's most prominent public gathering points.

Youth and Sports Minister confirms ASEAN Para Games bonuses will match SEA Games rewards

Youth and Sports Minister Erick Thohir has confirmed that cash bonuses for Indonesia's ASEAN Para Games medallists will be equal to those awarded to SEA Games 2025 athletes, signalling the government's commitment to parity for para-athletes. Indonesia secured 392 medals at the 2025 ASEAN Para Games in Thailand, finishing second overall, with individual gold medallists set to receive Rp1 billion each pending presidential approval.

Government Responds to Indonesia's Declining Corruption Perception Index in 2025

Indonesia's Corruption Perception Index score fell three points to 34 in 2025, placing the country on par with Nepal and ranking it 109th out of 180 nations surveyed by Transparency International. The government accepted the findings without dispute, pledging to study TI's recommendations and pointing to the proposed Asset Forfeiture Bill as evidence of its commitment to addressing state losses from corruption.

West Jakarta Police Food Task Force Inspects Tomang Barat Market

The West Jakarta Metro Police's Food Clean Sweep Task Force conducted a routine inspection of Tomang Barat Market to monitor staple food prices and availability ahead of Ramadan. Whilst prices for rice, sugar, cooking oil, meat and eggs remained stable with sufficient stocks, authorities noted recent increases in chilli and shallot prices but deemed overall supply adequate for the fasting month.

Archive Statistics

252,308
Total Articles
1004
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1970-2026
Coverage Period