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Jakarta Post
Warehouse shelves hold boxes of finished battery cells on Aug. 28, 2024, at the electric vehicle battery plant of PT HLI Green Power, a joint venture between South Korea’s Hyundai Motor Group and LG Energy Solution, at Karawang New Industry City (KNIC) in Karawang, West Java.
Warehouse shelves hold boxes of finished battery cells on Aug. 28, 2024, at the electric vehicle battery plant of PT HLI Green Power, a joint venture between South Korea’s Hyundai Motor Group and LG Energy Solution, at Karawang New Industry City (KNIC) in Karawang, West Java. `
Regulations premium

IBC urges policy support to streamline nickel battery industry, fend off imports

The head of the state-owned battery holding company has urged stronger, more integrated policy support to streamline the nickel battery industry so it could better meet domestic demand and build resilience against foreign imports seeking to enter the local EV market.

1 hour ago
Companies

Living Lab Ventures hosts Ambassador of Japan to ASEAN, highlights Japan–ASEAN investment

The meeting also highlighted the role of the Japan Thematic Fund (JTF), an initiative aimed at strengthening investment and business opportunities between Japan and Southeast Asia, with Indonesia as one of its key markets.

4 hours ago
Regulations

US trade court probes Trump's 'forced labor' tariffs

Four small businesses and 25 Democratic-led states argue that the tariffs, applied to imports from 60 trading partners including the EU and China, far exceed the president's authority.

4 hours ago

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Economy premium

Textile industry urges govt to refocus support

The government aims to revive the textile industry by facilitating financing from local banks for machinery upgrades, while considering tax incentives and establishing a special zone to integrate upstream and downstream production.

17 hours ago
Markets

Bonds set for bruising September but stocks little fazed

The rise in borrowing costs has been front-and-center for investors, given that sovereign yields are an anchor for global markets, a reference price for investing in riskier stocks and a benchmark for mortgages and corporate borrowing.

20 hours ago
Companies premium

Danantara reportedly looking to set up Hong Kong branch office

Bloomberg has reported that Danantara is looking to set up and staff a representative office in the Chinese special administrative region.

21 hours ago
Companies premium

Govt suspends BDx data center project in West Java amid environmental concern

West Java Communication and Information Agency head Adi Komar said the provincial administration supported investment in the data center but stressed that developers must comply with all applicable regulations, particularly given the project's scale.

1 day ago
Economy premium

HSBC forecasts slower GDP growth next year despite renewed capital inflows

The global bank has forecast that Indonesia's GDP growth will be sustained at a pace of 5.4 percent in 2026 before slowing slightly to 5.2 percent next year.

1 day ago
tech

Trump, AI CEOs sign voluntary safety pact, back data center expansion

The administration faces increasing scrutiny over risks posed by advanced AI, after OpenAI and Anthropic reported their AI agents had gone rogue and hacked into other companies' systems.

1 day ago
tech

TikTok reaches first state settlement over teen safety claims, agrees to user limits

TikTok will pay Alabama at least $100 million under the settlement, but the state's payout could grow to $300 million if 40 other attorneys general sign on to similar agreements with the company within a specified timeframe, according to the settlement.

5 days ago
tech

Rhemedi gets OpenAI’s Select Partner status

Artificial Intelligence is a tool to help people understand health more deeply, recognize risks earlier, and take more appropriate action, while clinical responsibility remains with physicians and healthcare professionals.

1 week ago
tech

US warns Australia's social media algorithm reforms risk 'facilitating censorship'

Australian Prime Minister Anthony Albanese said the proposed measure was not intended to grant governments greater authority, but rather to restore individuals' control over their content choices.

1 week ago
tech

Alibaba plans AI model with 5 trillion to 10 trillion parameters, unveils new chip

Alibaba Group plans to train a new artificial intelligence model with between 5 trillion and 10 trillion parameters, chief executive Eddie Wu said on Tuesday, as the Chinese technology giant outlined a sweeping strategy encompassing AI models, chips and data centers.

1 week ago
tech

Bessent proposes US-China AI safety notifications in talks with Chinese vice premier

The meeting covered plans to "operationalize" a process agreed in May for each side to identify potential tariff cuts on non-strategic goods, called the "Board of Trade."

1 week ago
economy

The shortening life of food trends

Indonesians are not steadily abandoning small treats, nor are they rapidly increasing the share of their food budgets devoted to them, but the products competing for that pool are changing faster.

1 day ago
economy

House passes 2027 state budget bill into law

Spending and revenue ​next year were approved at Rp 4.1 quadrillion and ⁠3.4 quadrillion, respectively, representing increases of about ​4 percent and 7 percent from the latest estimates for this ​year's budget.

1 day ago
economy

China, US agree to AI dialogue, tariff cuts on $30b in goods during Xi visit

The tariff reductions would apply to US exports such as agricultural goods, wood and cosmetics, as well as US imports including small appliances, toys and decorations.

4 days ago
companies

Living Lab Ventures hosts Ambassador of Japan to ASEAN, highlights Japan–ASEAN investment

The meeting also highlighted the role of the Japan Thematic Fund (JTF), an initiative aimed at strengthening investment and business opportunities between Japan and Southeast Asia, with Indonesia as one of its key markets.

4 hours ago
companies

Certification of Boeing 737 MAX delayed by software bug

United States air safety regulators are delaying certification of the 737 MAX 10 until determining a fresh software glitch poses no safety risk, a top official said Monday.

2 days ago
companies

US airlines oppose China's bid to add more flights

The head of industry group Airlines for America said on Thursday that US carriers oppose adding more direct flights from China to the United States even as Chinese President Xi Jinping raised the idea.

6 days ago
markets

Bonds set for bruising September but stocks little fazed

The rise in borrowing costs has been front-and-center for investors, given that sovereign yields are an anchor for global markets, a reference price for investing in riskier stocks and a benchmark for mortgages and corporate borrowing.

20 hours ago
markets

Stocks drop, oil rises as Hormuz hopes fade

Hopes for an easing of Middle East tensions were dashed at the weekend when Donald Trump rejected Iran's offer for a seven-day truce.

2 days ago
markets

Oil prices spike after Trump rejects Iran truce offer

Oil prices spiked with bond yields Monday as Donald Trump's rejection of an Iranian offer of a seven-day truce stoked inflation concerns, while stocks were mixed as traders look ahead to the release of key US data.

3 days ago
markets

Mideast oil exports rebound in September as Saudi Arabia boosts shipments

The rebound came following a recovery in exports via the Strait of Hormuz, which were set to hit about 7.4 million bpd this month.

3 days ago

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Thu, October 1, 2026

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