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Jakarta Post
President Prabowo Subianto delivers a speech during Danantara’s anniversary event at Wisma Danantara, Jakarta, on March 12, 2026.
President Prabowo Subianto delivers a speech during Danantara’s anniversary event at Wisma Danantara, Jakarta, on March 12, 2026. `
Regulations premium

Prabowo pressures Danantara with return targets, new SOE envoys

The president asked Danantara to deliver a 5 percent return of assets in the near term, or around US$50 billion, to the state budget.

9 hours ago
Economy premium

RI taps foreign partners to build oil storage in Sumatra

Pertamina will partner with foreign investors to develop a strategic crude oil storage facility in Sumatra, aiming to increase the national reserves storage capacity to 90 days, a senior government official has said.

14 hours ago
Companies

Philips reaffirms commitment to expand equitable access to quality healthcare in Indonesia

Özlem Fidanci, chief of Philips International Region and member of the Royal Philips Executive Committee, spoke to The Jakarta Post during her visit to Jakarta about Philips’ initiatives and healthcare technology innovations, underscoring the company’s longstanding commitment to expanding equitable access to quality health care in Indonesia.

14 hours ago

The Latest

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Regulations premium

House picks new financial watchdog chair after January market crash

Friderica Widyasari Dewi has been formally appointed as OJK chair, alongside several other leaders, in an accelerated selection process to restore market certainty amid the Mideast war, according to the government.

14 hours ago
Markets

Six vessels attacked in Gulf, Strait of Hormuz as war puts merchant ships on front lines

Explosive-laden Iranian boats appear to have attacked two fuel tankers in Iraqi waters, setting them ablaze and killing one crew member on Wednesday, after projectiles struck four vessels in Gulf waters, said port, maritime security and risk firms.

16 hours ago
Economy

US opens new unfair-trade probes to rebuild Trump's tariff pressure

The US government is launching two new trade investigations into excess industrial capacity in 16 major trading partners, including Indonesia, to rebuild tariff pressure after the US Supreme Court tore down much of Trump's tariff program last month.

20 hours ago
Economy premium

As hospital bills climb, consumers may bear the final cost

Soaring medical claims would force private insurers to raise premiums, ultimately squeezing individual policyholders and employers, who may either cut coverage or pass costs on to workers.

23 hours ago
Economy premium

Govt sticks with high growth projection despite global turmoil

The target for year-on-year GDP growth of 5.5 to 6 percent in the first quarter remains in place, Finance Minister Purbaya Yudhi Sadewa announced on Wednesday.

1 day ago
tech

OpenAI strikes Pentagon deal with 'safeguards' as Trump dumps Anthropic

Trump had ordered the government to stop using Anthropic, calling it a threat to national security after it refused to agree to unconditional military use of its Claude models.

1 week ago
tech

Where AI lives: Southeast Asia's data center boom

New data centers -- warehouse-like facilities that store online files and power AI tools from chatbots to image generators -- are mushrooming worldwide, and the sector is growing particularly fast in Asia.

2 weeks ago
tech

AI 'arms race' risks human extinction, warns top computing expert

Tech CEOs are locked in an artificial intelligence "arms race" that risks wiping out humanity, top computer science researcher Stuart Russell told AFP on Tuesday, calling for governments to pull the brakes.

3 weeks ago
tech

Job threats, rogue bots: five hot issues in AI

As artificial intelligence evolves at a blistering pace, world leaders and thousands of other delegates will discuss how to handle the technology at the AI Impact Summit, which opens Monday in New Delhi.

3 weeks ago
tech

China’s ByteDance releases Doubao 2.0 AI model for 'agent era'

China's ByteDance has rolled out its Doubao 2.0 model, an upgrade of the country's most widely used artificial-intelligence app, the company said on Saturday.

3 weeks ago
economy

US opens new unfair-trade probes to rebuild Trump's tariff pressure

The US government is launching two new trade investigations into excess industrial capacity in 16 major trading partners, including Indonesia, to rebuild tariff pressure after the US Supreme Court tore down much of Trump's tariff program last month.

20 hours ago
economy

Batam economy surges 7.49% yoy in Q4 2025, outpacing provincial growth

The economy of Batam continued to show strong momentum toward the end of 2025, with economic growth reaching 7.49 percent year-on-year (yoy) in the fourth quarter (Q4), the highest among regions in Riau Islands province.

1 day ago
economy

Indonesia lawmakers to grill candidates for OJK chairman after market turmoil

The selection process is accelerated because of concerns about financial market volatility due to conflict in the Middle East, Finance Minister Purbaya Yudhi Sadewa said.

1 day ago
companies

Philips reaffirms commitment to expand equitable access to quality healthcare in Indonesia

Özlem Fidanci, chief of Philips International Region and member of the Royal Philips Executive Committee, spoke to The Jakarta Post during her visit to Jakarta about Philips’ initiatives and healthcare technology innovations, underscoring the company’s longstanding commitment to expanding equitable access to quality health care in Indonesia.

14 hours ago
companies

Marriott Bonvoy and Bank Mandiri launch cornerstone collaboration

In a world where travel has become the norm, travelers are continuously searching for an experience that has the ability to enrich their adventures, without dealing with any obstacles or hassles. Therefore, businesses have to evolve and innovate in order to meet the expectations of their consumers.

2 days ago
markets

Six vessels attacked in Gulf, Strait of Hormuz as war puts merchant ships on front lines

Explosive-laden Iranian boats appear to have attacked two fuel tankers in Iraqi waters, setting them ablaze and killing one crew member on Wednesday, after projectiles struck four vessels in Gulf waters, said port, maritime security and risk firms.

16 hours ago
markets

Portfolio flows to emerging markets slow to $22 billion in February, says IIF

The slowdown followed an unusually strong start to the year rather than a more fundamental shift in investor appetite.

1 day ago
markets

Shares steady, oil turbulence deepens as Middle East war roils markets

Shares steadied on Wednesday following a brief retreat in oil prices, but markets remained anxious as contradictory signals from the US-Israeli war on Iran left investors struggling to gauge its impact on global inflation and growth.

1 day ago
markets

Oil falls as Trump predicts Middle East de-escalation

Oil prices fell on Tuesday after hitting an over three-year high in the prior session as US President Donald Trump predicted the war in the Middle East could end soon, easing concerns about prolonged disruptions to global oil supplies.

2 days ago
markets

Iran says oil blockade will continue until attacks end, Trump threatens to hit harder

Iran's Revolutionary Guards said on Tuesday they would not allow "one liter of oil" to be shipped from the Middle East if US and Israeli attacks continue, prompting a warning from President Donald Trump that the US would hit Iran much harder if it blocked exports from the vital energy-producing region.

2 days ago
markets

Dollar jumps as Middle East war sends oil above $100 a barrel

The dollar surged on Monday as soaring oil prices sent investors scrambling for cash on worries that a protracted Middle East war could severely disrupt energy supplies and hurt global growth.

3 days ago

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