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Jakarta Post
A shopper buys fruits and vegetables at a market in Aix-en-Provence, France, on Jan. 16, 2025.
A shopper buys fruits and vegetables at a market in Aix-en-Provence, France, on Jan. 16, 2025.`
Economy

Euro zone inflation surges past ECB target on oil shock

Euro zone inflation soared past the European Central Bank's 2 percent target this month as surging oil and gas costs drove up headline prices, but the jump was smaller than expected and core inflation declined, muddying the picture for policymakers.

48 minutes ago
Economy premium

RI, Japan seek deeper energy ties after $23.6b in deals

The business agreement covers the energy sector with Japan’s INPEX, as well as technology, finance, fertilizer and tourism.

1 hour ago
Regulations premium

Prabowo pledges 100 GW solar energy target within three years

The 100 GW solar target, which the government plans to deploy through the nationwide Red and White Cooperatives (KMP) program, would require massive investment in photovoltaic farms, storage systems and transmission infrastructure. 

3 hours ago

The Latest

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Economy

Navigating oil shock: Fiscal challenges, policy choices for Indonesia

While Indonesia faced a similar situation in 2022, the ongoing Iran war represents a different dynamic that will require critical policies that balance fiscal stability and purchasing power toward maintaining resilience.

5 hours 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.

7 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.

9 hours ago
Regulations premium

Electrification drive needs stronger political will, ‘long-term strategy’

Shifting from fuels to electricity for powering households and transportation is a logical response to Indonesia’s dependence on energy imports amid the Mideast crisis, but experts say the success of electrification hinges on sustained policy support.

23 hours ago
Regulations premium

Indonesia approves 580 million tonne coal production plan, signals output boost

Previously, the government revealed plans to cut national production targets from 790 million tonnes last year to around 600 million tonnes this year in an effort to address an oversupply that had weakened coal prices.

1 day 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.

9 hours 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.

6 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.

1 week ago
economy

Euro zone inflation surges past ECB target on oil shock

Euro zone inflation soared past the European Central Bank's 2 percent target this month as surging oil and gas costs drove up headline prices, but the jump was smaller than expected and core inflation declined, muddying the picture for policymakers.

48 minutes ago
economy

Navigating oil shock: Fiscal challenges, policy choices for Indonesia

While Indonesia faced a similar situation in 2022, the ongoing Iran war represents a different dynamic that will require critical policies that balance fiscal stability and purchasing power toward maintaining resilience.

5 hours ago
economy

WTO members try to close gap between US, India on e-commerce tariff moratorium

Countries are working to close the gap between the US and India to extend a global agreement not to impose tariffs on electronic transmissions such as digital downloads and streaming, diplomats said on Saturday.

2 days ago
economy

WTO reform talks coming to the crunch

The ambassador facilitating talks on reforming the World Trade Organization has voiced cautious optimism on progress at a high-level meeting in the Cameroonian capital, where reforming the beleaguered global trade body is at the heart of a four-day ministerial conference.

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.

4 days 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.

5 days ago
regulations

WTO talks end in deadlock after Brazil blocks deal over e-commerce duties

World Trade Organization talks ended deadlocked on Monday as Brazil blocked a bid by the United States and other countries to secure an extension to a moratorium on customs duties for electronic transmissions like digital downloads, diplomats said.

1 day ago
regulations

Indonesia may relax production quotas of nickel, coal if prices stay high

Previously, Indonesia announced plans to cut output quotas for several minerals this year to help support prices, including reducing the coal production quota from 790 million tons last year to 600 million metric tons.

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.

7 hours 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 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.

4 days 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.

5 days 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. 

6 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.

6 days ago

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