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Jakarta Post
Workers produce military uniforms at a factory of PT Sri Rezeki Isman (Sritex) in Sukoharjo, Central Java, in October 2016.
Workers produce military uniforms at a factory of PT Sri Rezeki Isman (Sritex) in Sukoharjo, Central Java, in October 2016.`
Regulations premium

Prabowo’s $6 billion rescue plan leaves textile industry puzzled

A state-owned textile enterprise is to tackle industrywide problems, including rehiring tens of thousands of workers laid off after the Sritex bankruptcy.

4 hours ago
Economy

Govt pledges central bank independence as rupiah hits record low

Foreign investors sold a net roughly $6.4 billion worth of Indonesian government bonds in 2025, adding to the pressure on the currency.

9 hours ago
Economy premium

Awaiting Indonesia’s electricity market reform

The increasing costs of electricity purchased from IPPs, along with grid operation expenses, may lead to inflated state subsidies and compensation in the long run.

10 hours ago

The Latest

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Tech premium

Visa-processing startup Spun bags $1.8m for regional expansion

The company operates a platform that processes inbound and outbound visa applications using AI-enabled systems.

12 hours ago
Companies premium

Vale Indonesia appeals nickel quota, says granted volume is too low

Nickel miner PT Vale Indonesia is seeking approval to revise its annual production plan (RKAB) after revealing that its current ore production quota is insufficient to meet supply commitments for three major high-pressure acid leach (HPAL) projects.

15 hours ago
Economy

Rupiah hits record low amid central bank independence worries

The rupiah slid to Rp 16,985 per US dollar on Tuesday ahead of a policy decision by the central bank this week, where analysts expect the BI to stand pat on rates. The currency is down nearly 2 percent in January after dropping 3.5 percent in 2025.

15 hours ago
Regulations premium

Catch-up costs loom as Prabowo revives semiconductor dream

The government has earmarked US$125 million for the development of a domestic chip design industry, with Coordinating Economy Minister Airlangga Hartarto citing a partnership with United Kingdom-based Arm Holdings.

19 hours ago
Regulations premium

Prabowo's nephew enters race for senior central bank post

Deputy finance minister Thomas "Tommy" Djiwandono, who is also a nephew of President Prabowo Subianto, has been lined up to become a deputy governor of Bank Indonesia (BI), raising questions about the central bank’s independence.

1 day ago
tech

India's central bank proposes linking BRICS' digital currencies, sources say

India's central bank has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which could reduce reliance on the US dollar as geopolitical tensions rise.

1 day ago
tech

Social media sites block 4.7 million underage accounts in Australia

Initial figures showed platforms were taking meaningful action to remove underage users, Australia's eSafety Commissioner Julie Inman Grant said.

4 days ago
tech

Musk dealt blow over Grok deepfakes, but regulatory fight far from over

The climb-down by Musk, who initially laughed off the trend, highlights the difficulty of policing AI tools that make it cheap and easy to create explicit content. It is the latest clash between Europe and Musk, following rows over election interference, content moderation and free speech.

4 days ago
tech

Elon Musk's Grok faces global scrutiny for sexualized AI deepfakes

X says it takes action against illegal content on the platform, including child sexual abuse material, by removing it, permanently suspending accounts, and working with local governments and law enforcement as necessary.

6 days ago
economy

Govt pledges central bank independence as rupiah hits record low

Foreign investors sold a net roughly $6.4 billion worth of Indonesian government bonds in 2025, adding to the pressure on the currency.

9 hours ago
economy

Rupiah hits record low amid central bank independence worries

The rupiah slid to Rp 16,985 per US dollar on Tuesday ahead of a policy decision by the central bank this week, where analysts expect the BI to stand pat on rates. The currency is down nearly 2 percent in January after dropping 3.5 percent in 2025.

15 hours ago
economy

EU scrambles to avert Trump Greenland tariffs, prepares retaliation

Trump vowed on Saturday to implement a wave of increasing tariffs from February 1 on EU members Denmark, Sweden, France, Germany, the Netherlands and Finland, along with Britain and Norway, until the US is allowed to buy Greenland, a step major EU states decried as blackmail.

1 day ago
economy

China's Q4 GDP growth slows to 3-year low, full-year pace meets official target

China's economic growth slowed to a three-year low in the fourth quarter as domestic demand softened, and while the full-year pace hit Beijing's target, trade tensions and structural imbalances pose significant risks to the outlook.

1 day ago
companies

Indonesia heading towards owning plasma fractionation plant

Indonesia is set to host its first-ever plasma fractionation plant in Karawang, West Java, which is poised to become the largest such facility in Southeast Asia. This milestone marks a major step toward operational readiness, strengthening national healthcare resilience.

1 day ago
companies

Google asks US judge to defer order forcing it to share data while it appeals

Alphabet's Google asked a judge on Friday to postpone making the company share data with rivals while it challenges a ruling that the company holds an illegal monopoly in online search, according to court papers.

3 days ago
companies

Beijing tells firms to stop using US, Israeli cybersecurity software, sources say

Chinese authorities have told domestic companies to stop using cybersecurity software made by more than a dozen firms from the US and Israel due to national security concerns, three people briefed on the matter said.

5 days ago
companies

Sinar Mas Land’s Medical Suites supports an integrated healthcare system ecosystem

As the government accelerates the transformation of the national healthcare sector through increased investment, medical technology innovation and the development of global-standard healthcare facilities, Sinar Mas Land presents Medical Suites, an international-standard medical building designed to support the development of healthcare services, research, medical education and leading medical practices.

6 days ago
companies

Indonesian ride-hailing industry set for shake-up under draft presidential decree

Millions of Indonesian ride-hailing drivers would receive major increases to financial and social benefits under a draft decree being considered by President Prabowo Subianto, two sources said, threatening the profitability of ride-sharing platforms in their largest market in Southeast Asia.

6 days ago
markets

Stocks, dollar take tariff hit; gold gets safety bid

Stock markets slid in Asia on Monday after US President Donald Trump threatened to slap extra tariffs on eight European nations until the US was allowed to buy Greenland, pushing the dollar down against the safe-haven yen and Swiss franc.

1 day ago
markets

Asian stocks inch higher, fragile yen spurs intervention worries

Asian stocks rose on Wednesday, buoyed by Japanese shares, as investors braced for a snap election in Japan that could lead to more fiscal stimulus, while worries about central bank independence and benign US inflation data whipsawed currencies.

6 days ago
markets

Asia stocks climb as Nikkei jumps to record, earnings loom

A surge in Japanese shares led Asia higher on Tuesday amid investor bullishness over all things AI, while the cloud of uncertainty over Federal Reserve independence favored gold even as it weighed on the dollar.

1 week ago
markets

Asian equities edge up, dollar slides as US Fed Reserve subpoenaed

Asian equities posted gains Monday while the dollar dipped as investors digested news that the US Justice Department subpoenaed the Federal Reserve, raising fears over US central bank independence.

1 week ago
markets

Asian stocks rally ahead of US jobs, Supreme Court ruling

Asian markets rose Friday after a two-day stutter as traders look ahead to the release of crucial US jobs data and a possible Supreme Court ruling on Donald Trump's sweeping global tariffs.

1 week ago

Today's ePost

Wed, January 21, 2026

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