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Jakarta Post
A screenshot shows Bank Indonesia (BI) Governor Perry Warjiyo in a live-streamed press conference on Sept. 17, 2025, where he presented the results of the central bank's monthly monetary policy meeting in Jakarta.
A screenshot shows Bank Indonesia (BI) Governor Perry Warjiyo in a live-streamed press conference on Sept. 17, 2025, where he presented the results of the central bank's monthly monetary policy meeting in Jakarta.`
Regulations premium

BI keeps rate on hold as Iran war pressures rupiah

Bank Indonesia (BI) has left its benchmark interest rate unchanged as the United States-Israel war on Iran puts pressure on the rupiah, prompting the central bank to respond with forex market intervention and tighter foreign exchange controls.

5 hours ago
Economy premium

Indonesia must foster more productive firms, World Bank’s IFC says

International Finance Corporation (IFC), the World Bank’s private sector arm, has urged Indonesia to prioritize the growth of more productive, higher-value businesses through regulatory reforms.  

11 hours ago
Economy premium

Prabowo querying slow progress on '3 million houses' program, Hashim says

The President's brother, who heads the public housing task force, says he has temporarily allayed Prabowo's concerns by pointing to the relatively recent existence of the housing ministry as a stand-alone institution.

12 hours ago

The Latest

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Economy

Australia central bank hikes rates in tight call as Iran war stokes inflation risk

Australia's central bank raised its cash rate for a second straight month on Tuesday, saying higher borrowing costs were needed to contain inflation, though a very tight vote suggested further tightening is far from certain.

13 hours ago
Markets

IEA head says more oil stocks can be released if necessary

International Energy Agency chief Fatih Birol said Monday more strategic oil stocks could be released if necessary to limit the fallout of from the near complete blockage of supplies through the Strait of Hormuz owing to the war on Iran.

14 hours ago
Tech premium

Electrification push grows as oil spikes, but bike retrofit plan draws flak

Nearly half of the country’s daily fuel use is met through imports as consumption climbed to 232,417 kiloliters per day in 2025.

19 hours ago
Economy premium

Govt looks to spending cuts, deficit increase ‘only for crisis’

The government has emphasized that lifting the fiscal deficit cap, which sits at 3 percent of GDP, could only happen in a crisis, and that it is focusing instead on slashing government spending.

1 day ago
Economy premium

RI, Japan ink strategic pacts on critical minerals, nuclear power

The agreement is expected to strengthen the security and reliability of the critical minerals supply chain for both countries while supporting the development of clean energy technologies using Indonesia's mineral resources.

1 day ago
tech

Meta planning sweeping layoffs as AI costs mount

If Meta settles on the 20 percent figure, the layoffs will be the company's most significant since a restructuring in late 2022 and early 2023 that it dubbed the "year of efficiency."

3 days ago
tech

US jury to begin deliberations in social media addiction trial

Jury deliberations are set to begin Friday in a landmark social media addiction trial accusing Meta and YouTube of intentionally trying to hook young internet users.

4 days 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.

2 weeks 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
economy

Australia central bank hikes rates in tight call as Iran war stokes inflation risk

Australia's central bank raised its cash rate for a second straight month on Tuesday, saying higher borrowing costs were needed to contain inflation, though a very tight vote suggested further tightening is far from certain.

13 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.

5 days 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.

1 week ago
markets

IEA head says more oil stocks can be released if necessary

International Energy Agency chief Fatih Birol said Monday more strategic oil stocks could be released if necessary to limit the fallout of from the near complete blockage of supplies through the Strait of Hormuz owing to the war on Iran.

14 hours ago
markets

Oil hovers around $100, stocks mixed as Iran war rages

Oil prices hovered around US$100 a barrel Monday and stocks fluctuated as the Iran war moved into a third week with both sides showing no sign of backing down and diplomats trying to ensure safe passage for tankers through the crucial Strait of Hormuz.

1 day ago
markets

Fire at UAE oil hub as Iran vows retaliation for US attack on Kharg Island

Iran warned it could target United States "hideouts" in the United Arab Emirates as a major UAE energy hub suffered disruption after a drone attack on Saturday, and US President Donald Trump said "many countries" would send warships to the region.

3 days ago
markets

Asian stocks slide as Iran war keeps oil near $100, dents rate-cut bets

Asian stocks slumped on Friday, poised for a second straight weekly decline as fast-dwindling hopes of a resolution to the US and Israel's war with Iran kept oil prices aloft, casting a shadow over global markets and spurring inflation fears.

4 days ago

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