Latest News

Search:
jakarta
May 23, 2026

The Financial Services Authority (OJK) has reported that outstanding loans from financial technology (fintech) lending services, locally known as pindar, reached Rp 101.03 trillion (US$6.1 billion) as of March, underscoring the rapid expansion of Indonesia’s online lending sector and the growing difficulty of containing its risks. Of that amount, the aggregate non-performing loan risk rate, measured by the industry’s TWP90 indicator, which tracks loans overdue by more than 90 days, stood at 4.52 percent in March, significantly higher than the 2.77 percent recorded in March 2025.

May 22, 2026

The Presidential Palace has partnered with the Indonesia New Media Forum (INMF) in a move it says could significantly expand its social media reach, potentially adding up to 100 million views per day.

May 21, 2026

The Bantar Gebang landfill in Bekasi, West Java, has once again come under scrutiny following a fatal landslide in March, in a new report that ranked it among the world’s largest methane-emitting landfills in 2025, highlighting the country’s mounting waste crisis. The government has since enacted Presidential Regulation (Perpres) No. 109/2025 to accelerate investment in waste-to-energy (WtE) projects, while state asset fund Danantara has stepped in to coordinate investment and operations nationwide. However, major hurdles remain, including regulatory uncertainty, high investment costs and environmental as well as public concerns.

May 20, 2026

There is renewed hope for police reform following President Prabowo Subianto’s approval of the police reform committee’s recommendations. Although several points merely preserve the status quo, the recommendations also call for more substantive action, particularly a revision of the 2002 National Police Law.

May 19, 2026

The rupiah recently plunged to an all-time low of Rp 17,514 per United States dollar, and pressure on the currency may intensify in the second quarter as Indonesia faces a convergence of external and domestic challenges. Maturing government debt, dividend repatriation by foreign investors and soaring oil prices are tightening dollar liquidity, while the latest MSCI Indonesia rebalancing threatens further capital outflows.

May 18, 2026

Housing is shifting inexorably from a milestone to a mirage in Indonesia. With a national backlog of 15 million houses, housing affordability has turned into a crisis spanning income groups, pushing many families to rent rather than buy. The government’s proposed 40-year mortgage scheme might ease monthly payments but raises a harder question: Does extending debt across most of a person’s productive life solve the housing crisis or merely redefine what desperation looks like?

May 16, 2026

Indonesia is tightening its grip on food trade. Through Trade Ministerial Regulation No. 11/2026, the government has imposed stricter import controls on a range of agricultural commodities while expanding the authority of the Agriculture Ministry across the food supply chain. Framed as a push toward food self-sufficiency, the policy signals a broader shift toward a more centralized and interventionist food regime, but it also raises concerns that tighter restrictions could drive up food prices before domestic production is ready to fill the gap.