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Jakarta Post
A Cathay Pacific 747 freighter stands on the apron of an airport in this undated photograph.
A Cathay Pacific 747 freighter stands on the apron of an airport in this undated photograph.`
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.

2 hours ago
Companies premium

Ministry's planned PNM takeover may happen this year, Purbaya says

The takeover plan aims to place the state-owned microfinance firm under the Finance Ministry for channeling the government's KUR microcredit facility.

4 hours ago
Markets

Fuel-thirsty Asian countries line up for Russian oil

Indonesia, Vietnam, Thailand, the Philippines and Sri Lanka are lining up ‌to buy Russian oil as the Iran war blocks supplies, raising the possibility that demand may exceed supply.

6 hours ago

The Latest

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Regulations premium

Prabowo vows to defend national interests as US trade deal draws scrutiny

The government said that ratifying the ART agreement was not on its near-term agenda and that it would contest allegations of unfair trade practices later raised by the US in its Section 301 probe.

20 hours ago
Economy premium

Purbaya injects Rp 100 trillion into state banks ahead of Idul Fitri

The placement brings the government’s total liquidity injections into state-owned lenders such as Bank Mandiri, BRI and BNI to around Rp 300 trillion.

1 day ago
Companies premium

Airlines push for 15% fuel surcharge, fare cap hike as costs soar

The Indonesian National Air Carriers Association (INACA) stated that airlines in other regions have already adjusted fuel surcharges, with increases ranging from 5 percent to 70 percent.

1 day ago
Regulations premium

Govt mulls cutting free meal days to ease budget strain

The finance minister says the BGN, which manages the free meals program, has come up with a proposal to save over $2 billion by cutting just one day from the weekly distribution schedule.

1 day ago
Economy

Philippines suspends spot sales of electricity due to Middle East conflict

The suspension was ordered under a decree that declared a state of national energy emergency to deal with the fallout from the war, including disruptions to fuel procurement.

1 day 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.

2 days 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.

5 days ago
tech

Meta planning sweeping layoffs as AI costs mount

If Meta settles on the 20 percent figure, the layoffs will be the company's most significant since a restructuring in late 2022 and early 2023 that it dubbed the "year of efficiency."

1 week ago
tech

US jury to begin deliberations in social media addiction trial

Jury deliberations are set to begin Friday in a landmark social media addiction trial accusing Meta and YouTube of intentionally trying to hook young internet users.

2 weeks ago
economy

Philippines suspends spot sales of electricity due to Middle East conflict

The suspension was ordered under a decree that declared a state of national energy emergency to deal with the fallout from the war, including disruptions to fuel procurement.

1 day ago
economy

Philippines declares ‘national energy emergency’

The Philippines is also keeping the option of increasing its coal imports from top supplier Indonesia in an effort to reduce electricity rate hikes.

2 days ago
economy

Indigenous knowledge helps save lives in flood-hit Malalo, Sumatra

Evidence shows that Indigenous, community-based mitigation systems are effective in saving lives during disasters. Therefore, legal recognition of Indigenous communities and customary forests is an urgent priority, alongside efforts to strengthen local knowledge systems and ensure their sustainability.

2 days ago
economy

Ramadan 2026: More selective, not slower

Spending during Ramadan this year marked an overall shift in composition as consumers moved away from leisure toward necessities, giving policymakers clues as to how best to realign seasonal measures.

3 days 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.

2 hours 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 day ago
markets

Fuel-thirsty Asian countries line up for Russian oil

Indonesia, Vietnam, Thailand, the Philippines and Sri Lanka are lining up ‌to buy Russian oil as the Iran war blocks supplies, raising the possibility that demand may exceed supply.

6 hours ago
markets

Stocks on edge as Middle East ceasefire talks take center stage

Fears of an inflationary aftershock from soaring energy prices have pushed traders to price out any chance of a Federal Reserve rate cut this year, lifting the dollar.

1 day ago
markets

Tourism, hospitality players to convene to explore sector's potential

The inaugural event, to be held on May 12 at The Langham, Jakarta, is arranged to reflect Indonesia’s unique tourism realities while addressing the evolving demands of travelers, brands and capital. 

2 days ago
markets

Crude tumbles, stocks rally on hopes for Iran war de-escalation

Stock markets in Tokyo and Seoul spiked by more than three percent at one point, while those in Hong Kong, Sydney, Shanghai, Singapore, Wellington and Taipei also rallied.

2 days ago
markets

Shares rally, oil rebounds as Trump extends Iran ultimatum

Markets were taken on a rollercoaster ride at the start of the week after Trump added five days to his Saturday ultimatum for Iran to reopen the Strait of Hormuz within 48 hours, citing productive talks with unidentified Iranian officials, which Tehran has denied.

3 days ago
markets

IEA discussing further oil stock releases, chief Birol says

The International Energy Agency is consulting with governments in Asia and Europe on the release of more stockpiled oil "if necessary" due to the Iran war, Executive Director Fatih Birol said on Monday.

4 days ago

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