Stories from Jakarta · Indonesia

Indonesian Finance Minister Purbaya criticized Sharia banks, stating they are perceived as more expensive and do not fully reflect the spirit of Islamic economics.

The Indonesian financial services sector experienced growth of 7.92 percent, marking the highest increase since 2021. This expansion is seen as a positive signal for the national economy.

This move aims to strengthen strategic ties between the two nations and avoid costly decommissioning expenses for Italy.

The selection process for the new heads of the Otoritas Jasa Keuangan (OJK) in Indonesia has seen a strong representation from internal candidates. Indonesia's Financial Services Authority (OJK) has announced a shortlist of 20 candidates for its leadership positions. The list includes prominent figures such as Friderica Widyasari, Hasan Fawzi, and Pahala Mansury. This selection process is part of the ongoing administrative screening for the OJK's top roles.

SMAN 37 Jakarta established an MSME division to support Prabowonomics and alumni economic contributions totaling Rp 73.8 trillion. A survey by Indekstat indicates most citizens complain about the economy under the Prabowo-Gibran administration. GDELT data highlights efforts to create village economic independence and job opportunities in Kebumen, Central Java. Palembang's economy grew 5.8%, with a new market supporting UMKM. Separately, Chinese economic trends are discussed, focusing on cultural empowerment for economic growth. Discussions in Indonesian media identified the circular economy and local farmer investment for economic growth. Economic prospects for 2026 are being analyzed, focusing on traditional and new drivers, and the need for breakthroughs.

The tax authority warns that it never requests fines via personal numbers or demands transfers to personal accounts.

Jakarta Mayor Arifin will continue to address disputes with residents concerning flooded roads in the Serdang area.

A report from compass.com indicates that diaper usage can lead to a 'domino effect' of issues for children. These issues include reduced quality of rest, fatigue, frequent waking due to thirst or drooling, and negative reactions such as refusing to absorb nutrients.

The construction of Indonesia's new capital city is projected to reduce Jakarta's workload, but the project faces financial scrutiny.

Jakarta's sinking ground is primarily driven by the city's reliance on groundwater extraction, according to the source. Industry, especially the fishing industry located along the north coast, is identified as a user of deep groundwater.