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Merchants and buyers pack the Tanah Abang Skybridge that connects the railway station to the famous Tanah Abang textile market in Central Jakarta. Indonesian economic growth slowed in the second quarter despite the increase in household spending ahead of Idul Fitri in June this year.
Merchants and buyers pack the Tanah Abang Skybridge that connects the railway station to the famous Tanah Abang textile market in Central Jakarta. Indonesian economic growth slowed in the second quarter despite the increase in household spending ahead of Idul Fitri in June this year. `
Economy premium

Inflation slows in May as food prices fall

With inflation sits well within the central bank target, it could open room for further monetary easing to support economy recovery, though it will likely remain cautious amid risks from global uncertainties.

9 minutes ago
Economy premium

PLN to delay some projects in RUPTL if demand fails to rise as planned

State-owned electricity company PLN has stated it might opt to delay the implementation of some projects stipulated in its new long-term electricity business plan (RUPTL) in the case of an electricity oversupply.

45 minutes ago
Regulations premium

Ministry admits no progress yet despite big investment pledges for housing program

Fahri pointed to several hurdles, including land issues and lack of demand, hampering rollout of the funding commitments made by foreign entities that the government had secured over the past months, as quoted from Bisnis.com.

2 hours ago

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Economy premium

Manufacturing activity inches up despite steep drop in orders

According to the latest S&P Global report, Indonesia’s manufacturing purchasing managers’ index (PMI) remained in contraction territory at 47.4 in May, albeit slightly improved from 46.7 in the previous month.

3 hours ago
Economy

US debt market crisis looming, JPMorgan chief warns

"It's a big deal. It is a real problem," Dimon told Maria Bartiromo on FOX Business Network's "Mornings with Maria" show, according to an excerpt of the interview that will air in full Monday.

4 hours ago
Regulations

Workers' rights in 'free fall' globally: Report

Workers' rights around the world are "in free fall", with widespread attempts to hamstring collective bargaining and attacks on trade union representatives, the world's largest trade union organization said Monday.

6 hours ago
Economy

China 'firmly rejects' US claim that it violated tariff deal

Beijing and Washington last month agreed to slash staggeringly high tariffs on each other for 90 days after talks between top officials in Geneva.

8 hours ago
Regulations premium

New ‘green’ RUPTL risks sidelining, rather than empowering renewables

Experts suggest the new power procurement plan leans toward repeating past mistakes and undermining energy transition commitments.

10 hours ago
tech

Protection racket? Asian semiconductor giants fear looming tariffs

Inside one of South Korea's oldest semiconductor research institutes, the cleanrooms and workshops are calm and immaculate, but outside the Seoul National University campus, a chip storm is brewing.

2 weeks ago
tech

Japan's SoftBank posts $7.8b annual net profit

Japanese tech investor SoftBank Group, a major player in the US Stargate artificial intelligence drive, on Tuesday posted a $7.8 billion annual net profit, its first in the black for four years.

2 weeks ago
tech

Texas secures $1.38 billion settlement with Google over data privacy

Google has agreed to pay US$1.375 billion in a settlement in principle reached with the state of Texas over allegations the company violated users' data privacy, Texas Attorney General Ken Paxton said on Friday.

3 weeks ago
tech

OpenAI abandons plan to become for-profit company

OpenAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit, abandoning a contested plan to convert into a for-profit organization.

3 weeks ago
economy

US debt market crisis looming, JPMorgan chief warns

"It's a big deal. It is a real problem," Dimon told Maria Bartiromo on FOX Business Network's "Mornings with Maria" show, according to an excerpt of the interview that will air in full Monday.

4 hours ago
economy

China 'firmly rejects' US claim that it violated tariff deal

Beijing and Washington last month agreed to slash staggeringly high tariffs on each other for 90 days after talks between top officials in Geneva.

8 hours ago
economy

EU threatens countermeasures over Trump's steel tariffs hike

The European Commission said on Saturday that Europe was prepared to retaliate against President Donald Trump’s plan to double tariffs on imported steel and aluminum, raising the prospect of an escalating trade fight between two of the world's largest economic powers.

1 day ago
economy

China manufacturing shrinks in May despite trade war truce

China's manufacturing activity shrank in May for the second month running, official data showed Saturday, despite Beijing reaching a temporary ceasefire in a blistering trade war with the United States.

2 days ago
companies

RGE, TotalEnergies to develop solar power, battery energy storage project in Indonesia

RGE and TotalEnergies, through their equally-owned  joint venture Singa Renewables (Singa), have entered into a Co-Investment Agreement to develop, build and operate a solar photovoltaic (PV) power plant with battery energy storage  system (BESS) in Riau Province, Indonesia. The utility-scale project will be constructed in phases.

5 days ago
companies

Alibaba and GoTo Boost Indonesia’s AI Talent Through GenAI Hackathon 2025

Alibaba Cloud collaborated with PT GoTo Gojek Tokopedia (GOTO) and the Communications and Digital Ministry to organize the Alibaba Cloud Indonesia GenAI Hackathon 2025.

5 days ago
companies

Nourishing a nation: Danone’s legacy in advancing public health in Indonesia

From early childhood nutrition to sustainable community programs, Danone Indonesia continues to shape a healthier future for generations

5 days ago
markets

Stocks head for best month since 2023 ahead of inflation data

World stocks were heading for their best month since late 2023 on Friday and the dollar was flirting with its first monthly rise of the year, while traders waited for key inflation data and assessed the latest in Washington's to and fro on tariffs.

3 days ago
markets

Asian shares, US dollar climb on rosy data, tech optimism

Asian shares continued a rally from Wall Street and the dollar held gains on Wednesday on promising economic signs in the United States and speculation of strong tech earnings.

5 days ago
markets

Stocks fluctuate as traders await next moves in Trump trade war

Equities meandered Tuesday as investors awaited the latest developments on Donald Trump's trade war, while the yen rallied after the head of Japan's central bank flagged more interest rate hikes if the economy improved.

6 days ago
markets

Euro drops as Trump threatens 50 percent tariff on EU

The euro fell on Friday, reversing earlier gains after US President Donald Trump said he would recommend hitting the European Union with 50 percent tariffs from June 1, reigniting investor fears over the impact of duties on the world economy and trade.

1 week ago
markets

Asian shares make cautious gains as beaten-down Treasuries find support

Asian shares made some tentative gains on Friday as beaten-down Treasuries found buyers after US President Donald Trump's tax bill narrowly passed the lower house, although debt worries still lingered.

1 week ago

Today's ePost

Mon, June 2, 2025

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