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IHSG weakens at Tuesday morning market opening
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The Composite Stock Price Index (IHSG) of the Indonesia Stock Exchange (BEI) opened down 42.25 points or 0.53 percent at 7,880.47 on Tuesday morning, February 3, 2026. The market is still assessing commitments to enhance transparency by the Financial Services Authority (OJK), BEI, and Indonesia Central Securities Depository (KSEI). Analysts forecast limited weakening with support levels at 7,790-8,270.
TSE President Minister Cármen Lúcia announced ten ethical conduct guidelines for Regional Electoral Court (TRE) magistrates during the opening of the 2026 Electoral Judiciary Year. She stressed the need for transparency and strictness against ethical deviations amid general elections set for October. Electoral Prosecutor-General Paulo Gonet warned of risks from the misuse of artificial intelligence in campaigns.
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Indonesia's Corruption Eradication Commission (KPK) revealed that compliance for the 2025 periodic Wealth Report for State Organizers (LHKPN) stands at just 35.52 percent as of January 31, 2026. The deadline for submissions is March 31, 2026, via the elhkpn.kpk.go.id portal. KPK urges all obligated officials to submit complete and timely reports.
Navotas Representative Toby Tiangco disclosed that House members receive millions in allowances during congressional breaks, a practice dating back to 2010. These ‘break bonuses’ supplement monthly maintenance funds and have prompted calls for transparency amid scrutiny from fellow lawmakers.
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Representative Ro Khanna, a Democrat from California, has criticized the Justice Department for missing a deadline to release unclassified files related to Jeffrey Epstein. In an NPR interview, he emphasized the need for transparency regarding withheld documents that could implicate powerful figures. Khanna and his Republican co-author are pushing Congress to intervene.
The Civil Society Legislative Advocacy Centre (CISLAC) has urged for transparency and due process in response to allegations of alterations to a tax law.
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The House of Representatives suspended sessions and extended its legislative calendar after approving the P6.793-trillion 2026 national budget in the country's first livestreamed bicameral conference. Speaker Faustino Dy III called it a 'turning point for transparency in the budget process.' The extension ensures proper ratification of the bicam report.
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