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Jakarta Post
A customer (left) picks some red chili on Dec. 7, 2025, at a supermarket in Batam, Riau Islands. Natural disasters on the northern part of Sumatra have caused red chili prices to surge to Rp 120,000 (US$7.19) per kilogram while green chili has sold at Rp 100,000 per kg.
A customer (left) picks some red chili on Dec. 7, 2025, at a supermarket in Batam, Riau Islands. Natural disasters on the northern part of Sumatra have caused red chili prices to surge to Rp 120,000 (US$7.19) per kilogram while green chili has sold at Rp 100,000 per kg.`
Economy premium

Inflation accelerates while House approves new BI governor

The consumer price index (CPI) growth rose to 3.19 year-on-year (yoy) in August, Statistics Indonesia (BPS) official Ateng Hartono revealed in a press conference on Tuesday, well within the government’s and Bank Indonesia’s (BI) target range of 2.5 plus/minus 1 percent.  

4 hours ago
Regulations premium

Govt mulling Pertalite sales curb for wealthiest 20%

Reports of fuel subsidy misuse amid rising consumption toward potentially overshooting the 2026 quotas have prompted the government to launch an active review of its policy, so that targeted consumers benefit from subsidized fuels.

4 hours ago
Regulations

Legislature confirms Destry as new central bank chief

The House of Representatives on Tuesday confirmed Destry Damayanti as the new central bank governor, following the abrupt resignation of Perry Warjiyo in July.

8 hours ago

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Economy premium

SOEs to remit Rp 120t to state budget this year, says Purbaya

Finance Minister Purbaya Yudhi Sadewa expects Danantara to remit Rp 120 trillion ($6.76 billion) in dividends from state-owned enterprises (SOEs) to the state budget this year, marking a change from the initial plan for running the state asset fund.

8 hours ago
Economy premium

Govt’s MSME credit push overlooks deeper structural problem

The government aims to boost bank lending to micro, small and medium enterprises (MSMEs) by raising the credit target from Rp 1.5 quadrillion (US$84.6 billion) to Rp 2 quadrillion in 2027, but doubts remain over whether the move will effectively address structural issues that have hindered lending to the sector.  

23 hours ago
Companies premium

Bank Jakarta aims to go public in 2027

Bank Jakarta is moving ahead with its plan for an initial public offering (IPO) in June 2027 while cautioning that the move would still depend on capital market dynamics.  

1 day ago
Economy premium

Housing expo falls short, subsidized loans slow

The Danantara Housing Expo booked Rp 2 trillion in settled transactions, below an initial target of Rp 6 trillion to Rp 10 trillion, while loan disbursement for subsidized housing fell 15 percent year-on-year amid supply constraints, pointing to ongoing challenges in the government’s 3 Million Homes program.  

1 day ago
Companies

China's three biggest airlines post heavy first-half losses as fuel shock bites

The weak results underscored the post-pandemic fragility of China's aviation sector, as the trio confronted what China Eastern described as a profit environment "severely undermined" by disrupted international routes and persistently elevated jet fuel prices linked to the Middle East conflict.

1 day ago
tech

Meta settlement opens new front in global fight over social media harm

The deal brings sweeping changes to Meta's Facebook and Instagram platforms in the United States, including imposing a default two-hour limit on its apps for users under the age of 18.

4 days ago
tech

Kartu Kredit Indonesia: A New payment landscape

Eight banks joined the initial rollout of KKI, while payments are made through QRIS, either by scanning a code or using QRIS Tap.

1 week ago
tech

Trump signs memo to help drastically boost US commercial space launches

The White House wants to enable at least 1,000 launches and re-entries annually by 2030, up from 178 launches last year.

1 week ago
tech

Pluang announces Indonesia’s first agentic trading platform

Agentic trading is a technology for investing through an artificial intelligence assistant that can analyze, research and execute buy/sell actions in an active account, where every transaction requires final user confirmation.

3 weeks ago
economy

G20 countries should consider more trade barriers on China to cut imbalances, Bessent says

Bessent said in an interview ahead of a G20 finance leaders meeting that the current flood of exports from China was unsustainable, even though the US direct trade position with China was "rapidly improving."

1 day ago
economy

Global standards, governance and commercial discipline underpin INA’s investment strategy

Five years after its establishment, the Indonesia Investment Authority (INA) has demonstrated how strong governance, commercial discipline and global partnerships can mobilize long-term capital while supporting Indonesia's sustainable economic development.

1 day ago
companies

China's three biggest airlines post heavy first-half losses as fuel shock bites

The weak results underscored the post-pandemic fragility of China's aviation sector, as the trio confronted what China Eastern described as a profit environment "severely undermined" by disrupted international routes and persistently elevated jet fuel prices linked to the Middle East conflict.

1 day ago
companies

Beyond emergency aid, NTT communities face a long road to recovery

As relief operations continue in East Nusa Tenggara, attention is turning to the harder, slower work of recovery, especially for children.  

1 day ago
companies

Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left

Nvidia has forecast a 70 percent ​jump in revenue next fiscal year, underscoring unabated demand for AI computing, while warning that shortages of memory components would continue to curb how ‌quickly it can expand.

5 days ago
companies

Maybank Marathon 2026 cements its reputation as a world-class running event

More than 14,000 runners from 46 countries convened in Gianyar, Bali, for Indonesia’s first World Athletics Elite Label Road Race.

5 days ago
regulations

Legislature confirms Destry as new central bank chief

The House of Representatives on Tuesday confirmed Destry Damayanti as the new central bank governor, following the abrupt resignation of Perry Warjiyo in July.

8 hours ago
regulations

Europe's central bankers fear more turbulence in testy US relations

Europe's central bankers are leaving an annual getaway with their United States counterparts far from reassured that long-standing norms in global cooperation remain intact and worried that more turmoil is ahead for an already testy relationship with Washington, sources familiar with the discussion said.

2 days ago
markets

Dollar near two-week high as Warsh boosts rate-hike bets; yen slips past 160

The dollar held steady near a two-week high on Monday as markets ramped up bets on a rate hike after hawkish remarks by Federal Reserve Chair Kevin Warsh, while the yen slipped back through the closely watched 160-per-dollar level.

1 day ago
markets

Asian stocks turn cautious ahead of Warsh speech

Oil prices were headed for weekly losses as Iran and Oman had agreed on administering traffic in the Strait of Hormuz and sharing revenues.

4 days ago
markets

Stocks edge higher as oil drops on fresh Mideast hopes

Asian stocks edged higher Wednesday as oil prices extended a decline on receding concerns about another military flare-up between the United States and Iran, while traders were also nervously awaiting Nvidia's earnings and key US inflation data.

6 days ago
markets

Iranian oil offers to Chinese buyers fall as US blockade bites

The US re-imposed its blockade of Iran's shipping and ports on July 13 as a deal to halt the war between them broke down in an attempt to cut off oil sales, Tehran's primary source of hard currency.

1 week ago
markets

Asian markets extend rally as traders assess US Treasuries pledge

The lack of progress on reopening the Strait of Hormuz added to unease on trading floors, with oil prices gradually rising over the past two weeks as the United States and Iran remain deadlocked.

1 week ago

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Tue, September 1, 2026

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