JAKARTA, Jakartaweekly.com—The Financial Service Authority (OJK) has asked banks to block 38,375 accounts suspected of being linked to online gambling activities, based on data provided by the Ministry of Communication and Digital Affairs. The number is going up from around 36.735 accounts. The OJK has also asked banks to broaden the scope of their review […]
JAKARTA, Jakartaweekly.com — PT Aneka Tambang Tbk (Antam) has set the price of its gold bullion at Rp2,637,000 per gram on Monday (September 07, 2026), according to the latest Logam Mulia price update released at 8:30 a.m. WIB. Today’s Antam gold price showed a decrease compared with the previous month. On Monday, August 10, Antam […]
JAKARTA, Jakartaweekly.com — In the widely circulated final draft of the Asset Forfeiture Bill, there are several key facts worth noting. These range from the bill not specifically limiting asset forfeiture to corruption offenses to the types of assets that can be forfeited by the state. To help you better understand what is contained in […]
JAKARTA, Jakartaweekly.com—The six-month deadline for foreign venture capital companies already operating in Indonesia to obtain approval from the Financial Services Authority (OJK) for their representative offices has expired, with no company reportedly having met the requirements under the new regulation. Information circulating in the market indicates that no foreign venture capital company has yet complied […]
JAKARTA, Jakartaweekly.com—Through the final draft of the Asset Forfeiture Bill, the state has demonstrated its commitment to establishing a mechanism to seize assets suspected of being derived from or used in criminal offenses. This may be carried out through court proceedings and, under certain circumstances, without having to wait for the perpetrator to be criminally […]
JAKARTA, Jakartaweekly.com—Indonesia marks its Independence Day every August 17 with celebrations across the country. Alongside flag ceremonies and community gatherings, traditional games bring children and adults together in a festive atmosphere. The celebrations will once again take place on August 17, 2026, marking the 81st anniversary of Indonesia’s independence. In neighborhoods, schools, offices and youth […]
JAKARTA, Jakartaweekly.com — At least five foreign manufacturers companies have decided to stopped production in Indonesia. The reasons behind their departures vary, ranging from global business restructuring to financial distress that ultimately resulted in bankruptcy. Jakarta Weekly notes that most of these factory closures took place in 2025. The shutdowns affected thousands of workers, leading […]
JAKARTA, Jakartaweekly.com—The Indonesian Consumers Foundation (YLKI) has urged the Ministry of Communication and Digital Affairs (Komdigi), telecommunications operators, and the Business Competition Supervisory Commission (KPPU) to immediately implement Constitutional Court Decision No. 273/PUU-XXIII/2025 concerning the practice of the expiration of unused internet data quotas. Rio Priambodo, Executive Secretary of YLKI, said the ruling marks a […]
JAKARTA, Jakartaweekly.com—What began as a seemingly minor dispute near a street food cart in Central Jakarta spiralled into a deadly neighbourhood clash that left one person dead, several others injured and dozens of police officers deployed to restore order. The violence erupted on Sunday morning in the Menteng district, with the confrontation spreading from a […]
JAKARTA, Jakartaweekly.com — PT Aneka Tambang Tbk (Antam) has set the price of its gold bullion at Rp2,612,000 per gram on Sunday (July 26, 2026), according to the latest Logam Mulia price update released at 8:30 a.m. WIB. The smallest denomination, the 0.5-gram gold bar, is priced at Rp1,356,000. Meanwhile, the 5-gram bar is sold […]
