Indonesian Political, Business & Finance News

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Volvo EM90, Zeekr 009 Lookalike, Could Enter Indonesia

Volvo's EM90, a lookalike of Zeekr 009 built on Geely's SEA platform, has been discussed as a potential entry to Indonesia, though Volvo Cars Indonesia has not confirmed any plan. Globally unveiled in China in 2023, the EM90 features a six-seat layout, a 21-speaker Bowers & Wilkins audio system, and a 200 kW rear-mounted motor with a 116 kWh battery offering up to 738 km CLTC range; production is now under way at Hangzhou Bay, with domestic marketing plans still unannounced.

Indonesian Shipping Company Plans Jumbo Rights Issue

PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) plans a large rights issue to bolster funding. The company intends to issue up to 2,112,420,000 new shares at Rp100 each, representing up to 22.18% of its issued and paid-up capital. The plan requires an Extraordinary General Meeting of Shareholders on 9 March 2026, after which a registration statement will be filed with the OJK; proceeds will be used for liquidity, capital expenditure, and working capital, including diversification, expansion, and investment.

Port Police Chief Denies Subordinates Requesting THR from Companies in Tanjung Priok

An official letter bearing the Port of Tanjung Priok Police letterhead requesting companies to provide a holiday allowance (THR) circulated on social media. Port Police Chief AKBP Aris Wibowo says the letter was not issued by the force, and the Port Police of Tanjung Priok never issued any THR request. Aptrindo has issued a clarification to prevent any harm to businesses, following police coordination.

Free Motorcycle Homecoming 2026 Opened: Here Are the Schedules, Routes and Requirements

Indonesia's Ministry of Transport reopens the Free Motorcycle Homecoming (Motis) programme for Lebaran 2026. The initiative, run by the Directorate General of Rail Transport (DJKA), provides two free tickets per motorcycle and adds an additional southern route to the usual northern and central corridors, with dispatch points concentrated at Stasiun Jakarta Gudang. A survey projects 24.08 million motorcyclists will travel for Lebaran 2026, underscoring the policy's aim to offer safer, cost-free travel options.

Baznas distributes over 50 thousand iftar meals to people in need

Baznas claims more than 50,000 iftar meal packages were distributed to mustahik across Greater Jakarta using mobile kitchen vehicles and in Sumatra via public kitchens in disaster-affected areas in North Sumatra, West Sumatra, and Aceh, as part of Ramadan Blessing Meals. The program, among Baznas' 29 flagship initiatives, aims to meet the nutritional needs of those fasting and ease their burden, with thanks extended to muzaki contributing alms through Baznas. Additionally, Baznas provided free motorcycle servicing for 5,000 Eid travelers and involved 300 MSMEs under its Z-Auto Program to support the holiday period.

KPK: Pekalongan Regent Fadia Arafiq Has Full Control Over PT Raja Nusantara Berjaya, Including Distribution of Funds

Jakarta's KPK says Pekalongan Regent Fadia Arafiq has full control over PT Raja Nusantara Berjaya (RNB) and oversees money flows, including distributing funds to relatives and trusted associates. The agency plans to summon her husband and son as part of the probe into outsourcing procurement within the Pekalongan Regency government. Fadia Arafiq has been named a suspect; RNB dominated outsourcing contracts in 2025, with Rp46 billion in contracts from 2023–2026 and Rp22 billion used to pay outsourcing staff salaries.

Video: Escalating Iranian War Effects, Stock Market and Indonesia's State Budget at Risk

The Iran–US war is described as a negative global economic sentiment that could affect Indonesia through higher oil prices, energy subsidies, a weaker rupiah, and a widening fiscal deficit. Q1 2026 may be buoyed by Ramadan and Eid consumption, but subsequent quarters face headwinds as markets react to Middle East tensions.

Expand Public Communication Access, Komdigi Empowers BNPT's Peace Ambassadors

The Ministry of Communications and Digital (Komdigi) is expanding public information reach by empowering Peace Ambassadors as Public Information Officers (PIP), with a 2026 SAPA training in Yogyakarta drawing 283 ambassadors from 19 provinces. The event also formalised a cooperation agreement with BNPT to bolster public communication, alongside cross-ministerial collaborations to disseminate national priority programs and safeguard children online under the PP Tunas policy.

DJP Overhauls 0.5% Final Income Tax Rate for UMKM

Indonesia's tax authority says it has not completed revising Presidential Regulation No. 55/2022, governing the 0.5% final income tax for UMKM. The revision, expected to take effect in 2026, has been delayed due to administrative procedures and awaits review by the Finance Minister and presidential signature; officials say the regime remains in place while the process continues.

Behind Street-Side Money Changers Ahead of Lebaran: Slim Profits, High Risks

Informal money exchangers along Jalan Asemka operate ahead of Lebaran, dealing in new Rp notes with a typical 15% cut paid to a 'boss'. The business is depicted as high-risk and low-margin, relying on a supply chain that coexists with Bank Indonesia controls and banks' competition. Demand centres on Rp 5,000 notes used for distribution during Lebaran, with some customers exchanging tens of millions of rupiah.

Immigration Detains Australian National Surf Coach Suspected of Illegally Training at Lakey Beach, Dompu

An Australian woman, 26-year-old SBH, has been detained by the Immigration Intelligence and Enforcement Team (Inteldakim) in Bima, West Nusa Tenggara, on suspicion of entering and staying in Indonesia without a passport and of offering surfing training in Lakey Beach. She reportedly used a Visit Stay Permit (ITK) that is not intended for work, and could not produce travel documents. The case is being processed by the Bima Immigration Office, with ongoing verification and a reminder to other foreigners to comply with residence permit rules.

Smart City Is No Longer a Dream; Information Technology Degree Graduates Are the Key

Indonesia's Republika reports that smart city concepts have moved from futuristic speculation to practical policy, with integrated data-driven systems spanning traffic, energy, health, and education. It argues that graduates of Information Technology study programmes are essential in preparing the workforce to design and manage these city systems, making IT graduates the key to future urban development.

Stinging rebuke by Deputy Minister of Home Affairs to Pekalongan Regent Fadia Arafiq after she admits she does not understand bureaucracy

Deputy Minister of Home Affairs Bima Arya criticises Pekalongan Regent Fadia Arafiq after she admits not understanding bureaucracy due to her background as a dangdut singer. He stresses that regional leaders are the highest authority in local government and must master, steer, and be fully responsible for the bureaucracy. The KPK has said FAR described herself as a musician rather than a bureaucrat and announced Ramadan-era arrests involving the regent and her aides, the seventh such operation this year.

Visiting the White House, Lionel Messi Responds as Donald Trump Compares Himself to Pelé

Lionel Messi attended a White House ceremony with Inter Miami to celebrate winning MLS Cup 2025. President Donald Trump sparked discussion by comparing Messi with Pelé, prompting a shy smile from the football star as guests cheered him; the piece highlights Messi's crucial role in Inter Miami's success and his continued productivity since joining Beckham’s club.

Golkar Responds to Fadia Arafiq's admission of not understanding governance rules after KPK sting operation

Golkar has commented on Fadia Arafiq's claim of not understanding governance after being caught in a KPK sting. Party officials emphasise that public officials must align with governance rules and continually update their legal knowledge, while KPK notes that Fadia's remarks conflict with established legal principles.

Foreign Ministry: Indonesians Safe from US–Israel–Iran Conflict, but Some Stranded by Flight Disruptions

Indonesia’s Foreign Ministry says there have been no reports of Indonesian citizens harmed amid the US–Israel–Iran tensions, though a number have been stranded due to flight suspensions and airspace restrictions. A 24-hour monitoring team has been deployed to Jeddah and Madinah to assist stranded Umrah pilgrims, with 32 Indonesians planned for evacuation in the first phase. Evacuation of Indonesians in Iran will begin in stages, initially via Azerbaijan, with subsequent routes to be determined by Indonesian representatives in Tehran and Baku in light of real-time security conditions.

Property Developer Boss Reveals Impact of the US-Israel–Iran War on House Prices

Indonesian property industry executives say the global conflict in the Middle East is not currently pressuring the domestic market significantly. The REI says the primary effect on property costs would come from higher logistics costs due to rising energy prices, but the impact on house prices is likely modest; with a 10% logistics cost increase, prices could rise roughly 3.5% given construction costs normally account for about 35% of the house price. Indonesia's building materials sector is robust, reducing import dependence, contributing to the sector's resilience amid external volatility.

Is Your THR Payment in Trouble? Note the Official Complaint Contacts of the Jakarta Provincial Government.

The Jakarta provincial government has launched a THR (holiday allowance) help desk, operating from 2 to 27 March 2026, to advise workers and handle complaints ahead of Eid al-Fitr. The service, run by the Department of Labour, Transmigration and Energy (Disnakertransgi), will explain THR rules, calculation methods, and complaint procedures, with officials urging timely payments in line with regulations. The rules require private-sector THR to be paid in full no later than seven days before Eid (H-7), and prohibit payment in instalments.

Chair of Commission III Stresses the Death Penalty as a Last Resort and Highly Selective

Habiburokhman, head of Indonesia's DPR Commission III, says the death penalty is a last resort and must be applied with careful selectivity. His remarks followed the Sea Dragon case, in which crewmember Fandi Ramadhan was sentenced to five years in prison instead of the death penalty, highlighting the judiciary's balancing of punishment with rehabilitation.

No Extension to the Mandatory Tender Offer, PIPA Prepares Rebranding and Rights Issue

PIPA clarified it will not extend the Mandatory Tender Offer by Morris Capital Indonesia and outlined strategic plans including a rebranding, expansion of business scope via KBLI updates, and a future rights issue; approvals and capital plans are subject to regulator clearance and internal reviews, with an AGM planned before the end of the first half of 2026.

Archive Statistics

273,810
Total Articles
1012
News Sources
1994-2026
Coverage Period