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Jakarta Post
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Regulations

Wikimedia completes Indonesia registration under threat of ban

Under a 2020 regulation, all electronic system providers (PSEs) must register in Indonesia for what the government called legal and user protection purposes before making their services available.

3 hours ago
Economy premium

EU seeks to allay RI supply concerns amid sanctions on Russian oil

Brussels has blacklisted the Karimun oil terminal over its alleged use in Russian oil shipments but says EU sanctions create no obligations for non-EU entities operating outside the Union. 

3 hours ago
Economy

Powell era ends with rates on hold, Fed hawks on the rise

Federal Reserve Chair Jerome Powell closed out eight years as head of the US central bank on Wednesday with interest rates on hold, rising concern about inflation, and an announcement that he would stay on as a Fed governor for now to defend the agency's independence from Trump administration "battering."

16 hours ago

The Latest

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Economy

UAE oil break exposes deepening Saudi rift as Gulf power shifts

Political analysts and regional experts said the move to leave the groups of oil-producing nations, announced on Tuesday, was more than just a dispute over OPEC oil output quotas that Gulf sources say Abu Dhabi sees as tilted against the UAE.

1 day ago
Markets

Trump warns Iran blockade could last months, sending oil soaring

Brent oil futures soared another 7.6 percent to US$119.69, the highest price since the early days of the Ukraine war in 2022.

1 day ago
Economy premium

Workers to press for new labor law, gig protections on May Day

Protesters are set to demand an end to outsourcing and low wages, arguing that current employment practices leave workers in prolonged contractual uncertainty. President Prabowo Subianto is set to attend Jakarta's main Labor Day commemoration on Friday.

1 day ago
Companies premium

VinFast-linked EV taxi firm vows ‘transparency’ over train crash probe

Transportation experts said the EV taxi stalling on the level crossing, which triggered the subsequent tragic events, may have been caused by various factors, including human error or activation of the vehicle’s safety system.  

1 day ago
Economy premium

Prabowo breaks ground on second batch of downstream projects worth $7.2b

Among the key downstream projects launched on Wednesday is the development of gasoline refinery facilities in Cilacap, Central Java, and Dumai, Riau, each with a processing capacity of 62,000 barrels per day (bpd).

1 day ago
tech

EU countries, lawmakers fail to reach deal on watered-down AI rules

EU countries and European Parliament lawmakers failed to reach a deal on watered-down landmark artificial intelligence rules after 12 hours of negotiations on Tuesday and will resume talks next month.

2 days ago
tech

QRIS & content: A lifeline for MSMEs

With over 43 million merchants connected to the Quick Response Code Indonesian Standard (QRIS) payment system as of January, digitalization now defines the identity of today's tech-savvy market traders, moving beyond large corporations.

2 days ago
tech

Australia aims to tax tech giants unless they pay news outlets

Prime Minister Anthony Albanese said tech giants Meta, Google and TikTok would be given a chance to strike content deals with local news publishers.

2 days ago
tech

DeepSeek unveils new AI model tailored for Huawei chips

The close collaboration with Huawei on the new model, the V4, contrasts with DeepSeek's past reliance on Nvidia's AI chips.

5 days ago
tech

Apple's Tim Cook to step down as CEO in September

Tim Cook will be replaced by company veteran John Ternus, who joined Apple’s product design team in 2001 and rose to become senior vice president of hardware engineering over the following two decades.

1 week ago
economy

Powell era ends with rates on hold, Fed hawks on the rise

Federal Reserve Chair Jerome Powell closed out eight years as head of the US central bank on Wednesday with interest rates on hold, rising concern about inflation, and an announcement that he would stay on as a Fed governor for now to defend the agency's independence from Trump administration "battering."

16 hours ago
economy

UAE oil break exposes deepening Saudi rift as Gulf power shifts

Political analysts and regional experts said the move to leave the groups of oil-producing nations, announced on Tuesday, was more than just a dispute over OPEC oil output quotas that Gulf sources say Abu Dhabi sees as tilted against the UAE.

1 day ago
companies

Google to invest up to $40 billion in AI rival Anthropic

The investment comes just days after e-commerce giant Amazon said itwill invest up to $25 billion in the artificial intelligence (AI) startup.

5 days ago
companies

Meta plans 10% layoffs as AI spending soars: Source

Meta is locked in a bitter rivalry with other tech behemoths racing to invest heavily in AI, aiming to ensure the technology generates profits in the not-so-distant future.

1 week ago
regulations

Wikimedia completes Indonesia registration under threat of ban

Under a 2020 regulation, all electronic system providers (PSEs) must register in Indonesia for what the government called legal and user protection purposes before making their services available.

3 hours ago
regulations

China vows countermeasures if EU enacts 'Made in Europe' plan

The EU unveiled in March new "Made in Europe" rules for companies trying to access public funds in strategic sectors including cars, green tech and steel, obliging firms to meet minimum thresholds for EU-made parts.

3 days ago
regulations

US imposes sanctions on Chinese refinery for buying Iranian oil

Sanctions experts have long said, however, that the independent refineries are somewhat immune to the full effect of US sanctions as they have little exposure to the US financial system.

6 days ago
markets

Trump warns Iran blockade could last months, sending oil soaring

Brent oil futures soared another 7.6 percent to US$119.69, the highest price since the early days of the Ukraine war in 2022.

1 day ago
markets

Inflation fears send euro zone yields to multi-week highs

Euro zone bond yields hit multi-week highs on Tuesday after a survey showed euro zone consumers expecting higher inflation, prompting markets to raise the likelihood of a hike in interest rates by the European Central Bank in the coming months.

2 days ago
markets

Crude extends gains as Trump considers latest Iran proposal

Oil prices edged up and stocks wavered Tuesday as Donald Trump weighed an Iranian proposal that would reportedly re-open the Strait of Hormuz and end the eight-week-old war.

3 days ago
markets

Chips carry stocks higher; oil jumps on stalled peace talks

Oil climbed on Monday as stalled US-Iran peace talks prolonged the disruption of Middle East energy exports, while renewed excitement about artificial intelligence spending drove up chip stocks at the beginning of a week where war, central banks and tech earnings are in focus.

4 days ago

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