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Indonesian Parliament

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World Politics & Diplomacy Just now (08:57 PM IST)

Indonesia Orders Demolition of Luxury Prison Compound After Public Outcry

Indonesian lawmakers on Wednesday ordered the demolition of a controversial luxury compound inside a penitentiary near Jakarta, after public anger over reports that inmates had been living in conditions far removed from the country’s ordinary prison system. The move underscores mounting pressure on authorities to confront corruption, privilege and unequal treatment inside one of Southeast Asia’s most overcrowded correctional networks.

By RDU Global Wire5 min read
Macro Economy & Fiscal Policy11 Nov 2026, 02:00 PM IST

Dimitra Tech Partners With Indonesian Government Arm to Advance EUDR Compliance

Dimitra Tech has entered into a partnership with an Indonesian government-linked body to support compliance with the European Union Deforestation Regulation, a move that underscores how sustainability rules are increasingly shaping trade access for agricultural exporters. The collaboration is aimed at helping producers and supply-chain participants improve traceability, documentation, and verification standards as the EU tightens scrutiny on commodities linked to deforestation risk.

5 min readRead →
World Politics & Diplomacy09 Oct 2026, 05:37 PM IST

Indonesian Teacher Jailed Again After BBC Probe Exposed Secret Parole Release

An Indonesian court has ordered the return to prison of Mochamad Subchi Azal Tsani, a teacher convicted of sexually abusing a pupil, after a BBC investigation revealed he had been quietly released on parole in 2025. The case has intensified scrutiny of Indonesia’s handling of sexual violence convictions, parole oversight, and the protection of survivors in a system critics say still too often shields offenders from accountability.

6 min readRead →
Macro Economy & Fiscal Policy09 Oct 2026, 01:38 PM IST

Indonesia Export Overhaul Could Tighten Palm Oil Supply and Lift Prices

Indonesia’s planned export overhaul is set to reshape the global palm oil market by diverting more crude palm oil toward domestic use, according to industry signals. While current biodiesel capacity appears sufficient to support the higher blending mandate, the Indonesian Palm Oil Association expects rising domestic consumption to gradually reduce exportable supply and put upward pressure on prices.

4 min readRead →
Macro Economy & Fiscal Policy08 Oct 2026, 06:23 PM IST

Indonesia Export Overhaul Could Tighten Palm Oil Supply and Lift Prices

Indonesia’s planned export overhaul is likely to reduce the volume of crude palm oil available to global buyers over time, even if domestic biodiesel capacity is sufficient to absorb the higher blending mandate. The Indonesian Palm Oil Association, GAPKI, says rising local consumption will progressively squeeze exportable supplies, a shift that could support palm oil prices and reshape trade flows across Asia.

5 min readRead →
Big Tech, Cloud & Semiconductors16 Oct 2026, 01:14 PM IST

Asia Stocks Rebound as Chipmakers Recover, but Indonesia’s Rout Deepens on Downgrade Fears

Asian equities staged a broad rebound on Thursday as semiconductor shares recovered from the prior session’s sharp selloff, helping stabilize sentiment across regional markets. But Indonesia remained under intense pressure, with the benchmark index extending losses to as much as 11% as investors digested warnings tied to a possible market downgrade and broader concerns over capital outflows.

6 min readRead →
Banking, Fintech & Insurance12 Nov 2026, 08:00 AM IST

IDBI Bank Staff Forum Seeks Parliamentary Review of Fairfax Stake Sale Amid Market Volatility

The United Forum of IDBI Officers and Employees has opposed the planned sale of IDBI Bank’s majority stake, urging an immediate suspension of the process amid heightened market volatility. The forum says the transaction lacks sufficient justification and transparency, and has called for a comprehensive review under parliamentary scrutiny before any further step is taken.

5 min readRead →
Banking, Fintech & Insurance11 Nov 2026, 08:00 AM IST

IDBI Bank Staff Forum Opposes Fairfax Stake Sale, Demands Parliamentary Review

A forum representing IDBI Bank officers and employees has opposed the government’s proposed transfer of a majority stake in the lender to Fairfax Financial Holdings, arguing that the transaction warrants deeper public scrutiny and parliamentary review. The employees’ body has raised concerns over possible undervaluation of the bank’s assets and the broader social responsibilities attached to a state-linked banking institution.

5 min readRead →
Banking, Fintech & Insurance07 Nov 2026, 05:00 PM IST

IDBI Bank Staff Forum Opposes Fairfax Stake Sale, Demands Parliamentary Review

The United Forum of IDBI Officers and Employees has opposed the government’s planned sale of a majority stake in IDBI Bank to Fairfax Financial Holdings, arguing that the transaction could undervalue the lender’s assets and weaken public accountability. The employees’ body has called for parliamentary scrutiny, framing the deal as a matter that goes beyond valuation and into the bank’s social responsibilities.

5 min readRead →
Banking, Fintech & Insurance07 Nov 2026, 02:00 PM IST

IDBI Bank Staff Forum Opposes Fairfax Stake Sale, Demands Parliamentary Review

The United Forum of IDBI Officers and Employees has opposed the government’s proposed majority stake sale in IDBI Bank to Fairfax Financial Holdings, warning that the transaction may undervalue the lender’s assets and weaken public accountability. The forum has called for parliamentary scrutiny, arguing that the deal raises broader questions about the bank’s social obligations and the future of a strategically important financial institution.

4 min readRead →
Banking, Fintech & Insurance02 Nov 2026, 05:00 PM IST

IDBI Bank Staff Forum Opposes Fairfax Stake Sale, Demands Parliamentary Review

The United Forum of IDBI Officers and Employees has opposed the government’s proposed majority stake sale in IDBI Bank to Fairfax Financial Holdings, arguing that the transaction warrants deeper public and parliamentary scrutiny. The forum has raised concerns over possible undervaluation of the lender’s assets and the broader social responsibilities attached to a bank with a large public-interest footprint.

6 min readRead →
Banking, Fintech & Insurance01 Nov 2026, 02:00 PM IST

IDBI Bank Staff Forum Opposes Fairfax Stake Sale, Demands Parliamentary Scrutiny

The United Forum of IDBI Officers and Employees has opposed the government’s proposed sale of a majority stake in IDBI Bank to Fairfax Financial Holdings, arguing that the transaction may undervalue the lender’s assets and should be subjected to deeper public and parliamentary review. The planned deal, estimated at about Rs 53,000 crore, has reopened debate over valuation, ownership, and the social obligations of a bank with a long public-sector legacy.

5 min readRead →

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