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Jakarta Post
A Citilink plane taxis as a Super Air Jet lands at Soekarno-Hatta International Airport in Tangerang, Banten, on Jan. 10, 2025.
A Citilink plane taxis as a Super Air Jet lands at Soekarno-Hatta International Airport in Tangerang, Banten, on Jan. 10, 2025.`
Regulations premium

Govt doubles down on fuel subsidies, cuts airfare VAT

The government says prices of subsidized gasoline and diesel will stay fixed even if global oil prices remain elevated, while airlines will be allowed to lift airfares, but without excessively hurting consumers.

2 hours ago
Economy

India seeks 2.5 million metric tons of urea amid Middle East supply disruptions

State-run Indian Potash Ltd (IPL) issued a tender on Saturday to import 1.5 million tons via the country's west coast. The remaining 1 million tons will arrive through the east coast, according to the document posted on the company's website.

6 hours ago
Economy

Indonesia raises jet fuel surcharge, flight ticket prices as oil soars

The government will cover the 11-percent value added tax on domestic flight tickets to offset the impact of the price rise on travelers.

6 hours ago

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Economy premium

SME lending continues to contract as overall bank loan growth cools

OJK has projected credit in the micro, small and medium enterprises (MSMEs) segment to grow between 7 percent and 9 percent this year, while overall loan growth is expected to reach between 10 and 12 percent. 

7 hours ago
Companies premium

Astra to build 1,000 low-cost apartment units along railway line

The project, which will be developed on land owned by state-owned railway operator Kereta Api Indonesia, to be carried out using Astra’s corporate social responsibility funds.

8 hours ago
Companies

AirAsia X to raise fares, cut capacity over Mideast war

Southeast Asia's largest low-cost carrier AirAsia X said Monday it was raising ticket prices and cutting routes to cushion the impact of the war on Iran, but stressed demand for flights remained high.

9 hours ago
Economy

How one factory in China learned to live with tariffs and turmoil

US President Donald Trump's tariffs sought to hurt Chinese manufacturing, but for one electronics maker, a turbulent 2025 ended with a belief that China is a location that is difficult to replicate – as long as things don't change too drastically.

10 hours ago
Markets

US crude benchmark opens over $113, Brent above $110

Crude oil prices opened higher on Monday, with US benchmark West Texas Intermediate up 1.86 percent to US$113.62 a barrel, as the war in the Middle East continues to squeeze global energy supplies.

14 hours ago
tech

Govt summons Meta, Google over noncompliance with child social media curbs

Indonesia summoned officials from Meta and Google over non-compliance with social media restrictions for children under 16 that went into full effect last week, a minister said in a video statement published on Tuesday.

6 days ago
tech

Roblox to introduce new controls in Indonesia to comply with child social media block

Indonesia will require platforms to deactivate "high ​risk" social media accounts for under 16s, according ​to a ministerial regulation issued earlier this month.

1 week ago
tech

OpenAI to introduce ads to all ChatGPT free and Go users in US

OpenAI will begin showing ads to all users of the free and Go versions of ChatGPT in the United States in the coming weeks, a company spokesperson said in an emailed statement to Reuters.

2 weeks ago
economy

India seeks 2.5 million metric tons of urea amid Middle East supply disruptions

State-run Indian Potash Ltd (IPL) issued a tender on Saturday to import 1.5 million tons via the country's west coast. The remaining 1 million tons will arrive through the east coast, according to the document posted on the company's website.

6 hours ago
economy

Indonesia raises jet fuel surcharge, flight ticket prices as oil soars

The government will cover the 11-percent value added tax on domestic flight tickets to offset the impact of the price rise on travelers.

6 hours ago
economy

How one factory in China learned to live with tariffs and turmoil

US President Donald Trump's tariffs sought to hurt Chinese manufacturing, but for one electronics maker, a turbulent 2025 ended with a belief that China is a location that is difficult to replicate – as long as things don't change too drastically.

10 hours ago
economy

Five EU countries call for windfall tax on energy companies

The finance ministers of Germany, Italy, Spain, Portugal and Austria pointed to a similar emergency tax in 2022 to address high energy prices.

1 day ago
companies

AirAsia X to raise fares, cut capacity over Mideast war

Southeast Asia's largest low-cost carrier AirAsia X said Monday it was raising ticket prices and cutting routes to cushion the impact of the war on Iran, but stressed demand for flights remained high.

9 hours ago
companies

Cathay Pacific raises fuel surcharge on all flights by 34%

"The price of jet fuel comprises both the crude oil component and the refinery component, both of which have increased significantly in recent weeks," the company said in a statement.

1 week ago
companies

XJTLU equips students to thrive in today’s job market

For international students and graduates finding employment in other countries, it is common to be met with hurdles that are accumulated based on unwritten rules and cultural differences of each country, which may tip the scales toward native workers.

1 week ago
markets

US crude benchmark opens over $113, Brent above $110

Crude oil prices opened higher on Monday, with US benchmark West Texas Intermediate up 1.86 percent to US$113.62 a barrel, as the war in the Middle East continues to squeeze global energy supplies.

14 hours ago
markets

Indonesia says stock market reform drive completed after Feb's selloffs

The proposed reforms were unveiled after index provider MSCI warned in late January that the country was ​at risk of being downgraded amid concerns about a lack of transparency around stock ownership and ​trading.

3 days ago
markets

India's March palm oil imports fall to 3-month low as prices surge

India sources most of its palm oil from Indonesia and Malaysia, while soy oil and sunflower oil are imported mainly from Argentina, Brazil, Russia and Ukraine.

4 days ago
markets

Oil rallies, stocks tumble as Trump says US to hammer Iran further

Oil prices spiked and stocks sank on Thursday after Donald Trump reiterated that US forces would hammer Iran for another two to three weeks but offered no solution to the closure of the Strait of Hormuz that has crippled global markets.

4 days ago
markets

Asian stocks rally as Trump says war to end 'very soon'

Asian stock markets including Jakarta rallied Wednesday after US President Donald Trump said the Middle East war would be over in up to three weeks and his Iranian counterpart said Tehran had "the necessary will" to bring it to an end.

5 days ago
markets

Dollar surges in Asia as war's safe-haven shelter

The dollar headed for its biggest monthly gain since July on Tuesday and stands out as the strongest so-called safe asset as war in the Middle East has set oil prices surging, nearly everything else sinking and raised the risk of global recession.

6 days ago
markets

Japan steps up yen intervention threats, signals rate-hike chance

Japan stepped up yen intervention threats and signaled that further falls in the currency could justify a near-term interest rate, as policymakers grow increasingly concerned about inflationary pressures from the Middle East war.

1 week ago

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