Today's Top 3 News: Indonesia's Home Affairs Ministry Finds No Data on Hambali in Civil Registry

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TEMPO.CO, Jakarta - Tempo English compiled the top 3 news on Monday, June 16, 2025. Here are the highlights: Bali Inks Deal with Jakarta for MRT Development; Bond Investment Opportunities Amid Ongoing Trade War; and Indonesia's Home Affairs Ministry Finds No Data on Hambali in Civil Registry.

The following is the list of the top 3 news on Tempo English today:

1. Bali Inks Deal with Jakarta for MRT Development

The development plan of the Mass Rapid Transit (MRT) in Bali is confirmed to continue. The Bali government has inked a collaboration deal with the Jakarta government for assistance and development.

"The collaboration is between the management of MRT Jakarta and SBDJ," said Dodi Miharjana, the president director of PT Sarana Bali Dwipa Jaya (SBDJ), on Saturday, June 14, 2025.

Sarana Bali Dwipa Jaya is a company established by the Bali Provincial Government to oversee the construction of the MRT, including partnering with investors who will finance this project.

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2. Bond Investment Opportunities Amid Ongoing Trade War

Portfolio Manager at PT Manulife Aset Manajemen Indonesia, Laras Febriany, highlighted opportunities for bond investments amid the continuing trade war.

She pointed to short-tenor bonds with low duration as an attractive option, particularly after Bank Indonesia (BI) cut its benchmark interest rate and as markets expect the US Federal Reserve to lower the Fed Funds Rate.

After Bank Indonesia cut its benchmark rate to 5.50%, bond yields have been on a downward trend as well, making short-term bonds an attractive opportunity for capital gains.

"Bond coupons can also serve as a cushion amid persistent uncertainties and expected short-term volatilities," she said in a written statement on Monday, June 16.

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3. Indonesia's Home Affairs Ministry Finds No Data on Hambali in Civil Registry

Teguh Setyabudi, Director General of Population and Civil Registration at Indonesia's Home Affairs Ministry, said the government has been unable to locate any official record of Encep Nurjaman, also known as Riduan Isamuddin or Hambali, who is currently on trial in a US military court after being held for 20 years at Guantanamo Bay, Cuba.

Teguh said the ministry searched for Hambali's information through the Civil Registration Information System (SIAK).

Using Hambali's name and birth date, April 4, 1964, Teguh confirmed no exact match was found in the database. "No matching data was found," Teguh told Tempo via WhatsApp on Monday, June 16.

The ministry also ran a facial recognition (FR) scan using publicly available photos of Hambali found online. That search also turned up nothing.

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Here is the list of the top 3 news on Tempo English today.

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