Indonesian Political, Business & Finance News

Weekly roundup: PLTS launch to no transport damage

| Source: ANTARA_ID Translated from Indonesian | Economy
Weekly roundup: PLTS launch to no transport damage
Image: ANTARA_ID

A number of economic news stories in Indonesia during the week have been reported by ANTARA from Monday (24/8) to Saturday (29/8) and remain worth revisiting, from the launch of the 100 GW solar power programme to the transport minister’s confirmation that no transport facilities were damaged.

The following are several news items that can be reviewed again to start activities on Sunday morning:

President Prabowo Subianto launched the 100 gigawatt peak (GWp) Solar Power Plant (PLTS) programme, with the initial phase involving the construction of 14 solar power plants with a total capacity of 5.3 GWp across six provinces.

The Downstream Oil and Gas Regulatory Agency (BPH Migas) recorded that Pertalite consumption rose by up to 12.92 percent in July 2026, exactly one month after the price increase for the non-subsidised fuel Pertamax.

Commission XI of the Indonesian House of Representatives (DPR RI), through an internal meeting in Jakarta on Thursday afternoon, approved Destry Damayanti as the elected Governor of Bank Indonesia (BI) for the 2026-2031 period and Aida S. Budiman as the elected Senior Deputy Governor (DGS) of BI for the 2026-2031 period.

The Central Java Provincial Government has confirmed that the planned geothermal exploration in the Mount Ungaran area, located in Semarang Regency and on the border with Kendal, will go through a strict permitting process.

Finance Minister Purbaya Yudhi Sadewa is pursuing potential revenue from 40 steel companies that have not fulfilled their tax obligations, with a total value of around Rp5 trillion.

Transport Minister Dudy Purwagandhi stated that there were no reports of damage to public transport facilities as a result of the demonstration that took place on Thursday (27/8) in front of the DPR/MPR RI building in Jakarta.

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