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Prolonged Hormuz Strait Closure Could Trigger Global Recession

Experts warn that a prolonged closure of the Strait of Hormuz, a critical international fuel distribution route, could trigger a global recession as a consequence of escalating Israel-Iran conflict. Rising energy prices coupled with currency depreciation and potential market instability pose significant risks to global economic activity, with the VIX volatility index already rising 52 per cent since early 2026.

North Toraja Narcotics Chief to Face Ethics Tribunal After Allegedly Receiving Weekly Payments from Methamphetamine Dealer

Senior Police Commissioner AKP Arifandi Efendi, head of the North Toraja narcotics unit, is scheduled to face an ethics tribunal after being accused of receiving Rp13 million weekly from a methamphetamine trafficker operating in Tana Toraja district. The police officer was detained at South Sulawesi Police headquarters from 18–20 February with his detention extended by three days, following allegations that he attempted to destroy evidence and engaged in ethical violations. The investigation rem

Strait of Hormuz Closed by Iran, Is the World Facing an Energy Crisis?

Iran has officially closed the Strait of Hormuz in retaliation for a reported combined military strike by the United States and Israel that killed Iranian Supreme Leader Ali Khamenei, triggering global energy market turmoil. Approximately 20 per cent of global oil supply and 20 per cent of liquefied natural gas shipments transit this critical waterway daily, with crude oil prices projected to surge from US$67 to potentially US$90–100 per barrel, risking new inflationary pressures worldwide. The

A Look at the Splendour of Malioboro Imlek Carnival in Yogyakarta

The 21st Yogyakarta Chinese Culture Week (PBTY) hosted the Malioboro Imlek Carnival on 28 February 2026, celebrating Indonesia's cultural diversity with the theme "Cultural Heritage, National Strength". The event featured traditional lion dancers and was held along Malioboro Street, showcasing the integration of Chinese cultural traditions within Indonesia's multicultural framework.

Cooking Oil Prices Rise Despite Falls in Shallots and Small Red Chillies, Check the List

Bank Indonesia's Strategic Food Price Information Centre (PIHPS) has reported mixed price movements in staple food commodities, with cooking oil prices increasing whilst shallot and small red chilli prices decline. Bulk cooking oil rose to IDR 19,200 per litre and branded cooking oil increased to IDR 22,850 per litre, whilst shallots fell to IDR 44,850 per kilogramme and small red chillies dropped to IDR 79,400 per kilogramme. The price data reflects ongoing volatility in Indonesia's essential f

ASDP Ensures Readiness for Eid Homecoming Crossings in Kepri

PT ASDP Indonesia Ferry has confirmed preparations for the 2026 Eid holiday homecoming period in the Riau Islands, strengthening ferry fleets, increasing voyage frequencies, and optimising operational patterns to manage expected surges in passenger and vehicle traffic. The state-owned company projects a 15 per cent increase in transport capacity at Telaga Punggur and Tanjung Uban ports, with each facility expected to handle over 60,000 passengers and 17,000 vehicles during the peak period.

Military Commander Always Receives Counsel from Try Sutrisno at Every Meeting

Military Commander General Agus Subiyanto has expressed profound condolences over the death of former Vice President and former ABRI Commander General Try Sutrisno, describing him as an exemplary soldier who consistently offered valuable counsel for TNI's advancement. Try Sutrisno, who passed away at the Armed Forces Hospital, will be buried at Heroes' Cemetery Kalibata, with his funeral arrangements proceeding that same day.

MUI Issues 9 Positions on US-Israeli Attacks Against Iran, Urges Indonesia to Withdraw from BoP

The Indonesian Ulama Council (MUI) has issued nine formal positions condemning US and Israeli military attacks against Iran, particularly noting their occurrence during the holy month of Ramadan. The statement calls for international unity and respect for Islamic sanctity, with MUI urging Indonesia to withdraw from certain international arrangements, though the specific positions are not detailed in the provided excerpt.

Gulf Cooperation Council considers response to Iranian missile and drone attacks

The Gulf Cooperation Council (GCC) stated on Sunday that it is considering a response to Iranian missile and drone attacks targeting several member states, warning it will take all necessary measures to protect regional security and stability. The council condemned the attacks on the UAE, Bahrain, Saudi Arabia, Oman, Qatar, and Kuwait as violations of sovereignty and international law, emphasizing that the security of member states is inseparable under their mutual defence agreement. The GCC aff

Indonesia's Trade Balance Records 69th Consecutive Surplus, Here's What's Supporting It

Indonesia's Central Bureau of Statistics has reported a trade surplus of US$960 million in January 2026, marking the 69th consecutive monthly surplus since May 2021. The surplus is driven by non-mineral commodity exports, particularly vegetable and animal fats and oils, whilst the mineral sector continues to run a deficit of US$2.27 billion, with the United States, India, and the Philippines being the three largest contributors to the overall trade surplus.

Minister of Religious Affairs Invites Economists to Collaborate on Strengthening Religious Fund Management Governance

Indonesia's Minister of Religious Affairs Nasaruddin Umar has called for Islamic economists and practitioners to collaborate with the government in transforming the management of religious funds including zakat, infak, waqf, and sadaqah. The minister emphasised the need for a fresh perspective and professional expertise to strengthen credible Islamic economic governance, with a particular focus on the planned establishment of a Religious Fund Management Institution (LPDU) to be intensified durin

Ahok appears as witness in Pertamina LNG procurement corruption case hearing

Basuki Tjahaja Purnama (Ahok), former chairman of Pertamina during 2019-2024, appeared as a witness at the Corruption Court hearing for an alleged liquefied natural gas (LNG) procurement fraud case involving Pertamina spanning 2011-2021. Two defendants—former Gas Directorate head Hari Karyuliarto and vice president Yenni Andayani—are accused of causing state financial losses of USD 113.84 million (approximately Rp1.77 trillion) through irregular LNG procurement from Corpus Christi Liquefaction L

Primary School Building at Gadung Sari, Tabanan Remains Severely Damaged for Three Years as Students Share Classrooms

A building with three classrooms at State Primary School 1 Gadung Sari in Tabanan Regency, Bali has remained severely damaged since 2022 when heavy rains and strong winds caused the roof to collapse. The 44 students and seven teachers have been forced to share cramped spaces, with classes II through VI combined in a single room divided by partitions. After administrative barriers related to the school's customary land status were resolved through certification by the district government, repairs

Former Armed Forces Commander Wiranto Remembers Try Sutrisno: Obedient to the Constitution

Former Armed Forces Commander (ABRI) Wiranto has paid tribute to the late Try Sutrisno, Indonesia's sixth Vice President, remembering him as a humble figure devoted to constitutional principles and the public interest. Wiranto, now the President's Special Adviser for Politics and Security, described Sutrisno as someone who always prioritised the welfare of the people and upheld truth, offering his example as a model for both military personnel and current state officials. Try Sutrisno's funeral

BPS records Indonesia's early 2026 trade balance surplus of $0.95 billion

Indonesia's Central Bureau of Statistics (BPS) reported a trade balance surplus of $0.95 billion in January 2026, with exports reaching $22.16 billion and imports at $21.20 billion. Exports grew 3.39 per cent year-on-year, driven primarily by the non-oil and gas sector and manufacturing industries, whilst imports surged 18.21 per cent year-on-year, largely from non-oil and gas products.

From the Negotiating Table to the Battlefield: Trump Orders Attack on Iran

The United States launched a major military operation against Iran on 28 February after diplomatic talks in Geneva failed to reach agreement on Iran's nuclear programme, with Trump citing Iran's refusal to halt uranium enrichment and nuclear weapons development. The strike, designated Operation Epic Fury, involved B-2 bombers and fighter jets targeting Iranian naval forces, missile facilities, and air defences, reportedly killing Supreme Leader Ayatollah Khamenei and triggering Iranian counterat

Artha Graha Peduli Deploys 600 Saber Teams and Distributes Shopping Vouchers

Artha Graha Peduli has deployed 600 personnel from its Sapu Bersih Artha Graha Peduli (Saber AGP) team to support the Harmoni Imlek Nusantara 2026 celebration at Lapangan Banteng, combining environmental stewardship with social responsibility. The initiative includes distributing Rp100,000 shopping vouchers to attendees and implementing digital payment solutions through QRIS with cashback incentives to support UMKM retailers and accelerate digital transformation.

Coal Exports Plunge 16%, While CPO Surges 59.6%

Indonesia's export performance for key commodities in January 2026 showed mixed results, with coal exports declining 16.04% year-on-year to USD 1.82 billion and iron and steel falling 0.13% to USD 2.12 billion. Crude palm oil (CPO) was the standout performer, surging 59.63% to USD 2.29 billion, with volume exports up 77.07%, according to Statistics Indonesia's Deputy for Statistical Distribution and Services.

Gold Price Today 2 March 2026: Antam Products Surge to Rp 3.135 Million per Gram

Gold prices from PT Aneka Tambang (Antam) have surged to Rp 3.135 million per gram on 2 March 2026, marking a Rp 50,000 increase from the previous trading day, whilst buyback prices stand at Rp 2.914 million per gram. Antam's prices for various gold denominations, ranging from 0.5 grammes to 1,000 grammes, are detailed with the understanding that these prices exclude tax, subject to withholding tax provisions under Indonesian Regulation PMK No. 34/PMK.10/2017.

PKB remembers Try Sutrisno as a firm and critical figure

The PKB parliamentary faction, through its leader Jazilul Fawaid, has commemorated the late sixth Vice President of Indonesia, Try Sutrisno, who recently passed away, describing him as a steadfast statesman who remained firm and critical in defending national values. Try Sutrisno, who died at the Army Central Hospital (RSPAD) Gatot Soebroto in Jakarta on Monday morning, was remembered for his integrity, dedication to the state, and unwavering commitment to Indonesia's welfare even in his later y

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263,840
Total Articles
1012
News Sources
1994-2026
Coverage Period