TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
Economy premium

Exports of steel, CPO, other commodities plunge in January

Shipments of key Indonesian export commodities including iron and steel as well as crude palm oil (CPO) declined sharply in January, and economists project worse to come as higher US import tariffs hit global trade.

6 hours ago
Economy premium

RI milk deficit may swell to 8.5m tonnes due to free meals program: Minister

Agriculture Minister Andi Amran Sulaiman said on Friday that domestic milk production could only cover around 20 percent of national demand, leaving the country to face a 4.9 million tonnes deficit. ...

9 hours ago
Economy

Japan growth slowed to 0.1% in 2024 despite stronger Q4

Japan's economic growth slowed sharply in 2024, cabinet office data showed on Monday, although the rate for the fourth quarter beat market expectations thanks to strong exports. ...

18 hours ago

The Latest

Economy premium

Investors bleed trillions to rampant CSO extortion in industrial zones

Illegal levies can eat up as much as 30 percent of total production costs, with bribes and extortion money flowing to multiple actors, including civil society organizations (CSOs), according to Transparency International Indonesia (TII).

1 day ago
Economy

China's central bank governor says stable yuan key to global financial stability

People's Bank of China Governor Pan Gongsheng told a conference in Saudi Arabia that while most currencies have fallen against the dollar, the yuan has remained stable.

1 day ago
Economy

Trump keeps tariffs drumbeat going, with autos targeted next

"I would have done them on April 1 [...] But we're going to do it on April 2," Trump says on potential auto tariff.

2 days ago
Economy

Japan to release emergency rice reserves to fight runaway inflation

The Japanese government said Friday it will release a fifth of its emergency rice stockpile after hot weather, poor harvests and panic buying over a "megaquake" warning nearly doubled prices over a year.

3 days ago
Economy premium

Must ‘find ways to reignite interest’ in buying cars, minister says

Last year's decline marked the second consecutive annual drop in car sales since the 2022 peak.

3 days ago
Economy premium

Prabowo asks Erdogan to lower tariffs on Indonesian exports

Indonesian exports to Turkey surged to $1.94 billion last year, marking a 26 percent increase from the previous year and nearly reaching the five-year peak of $2.05 billion recorded in 2022.

4 days ago
Economy premium

Amid global trade upheaval, Jakarta sticks to China+1 strategy

The government continues to pitch Indonesia as an alternative manufacturing location while China is under pressure from US sanctions, but experts have doubt that strategy still works.

5 days ago
Economy

How ASEAN is moving up the value chain

ASEAN member states are expected to witness robust economic growth and development in the coming years, buoyed by shifting global supply chains and rising affluence.

5 days ago
Economy premium

RI’s inflation ‘source of envy’ for ASEAN, G20 countries, says Sri Mulyani

Sri Mulyani said that Indonesia’s inflation rate was at a “very low level” and was “a source of envy” for ASEAN and G20 countries.

5 days ago
Economy premium

BI watching Trump impact to assess monetary policy options

Bank Indonesia (BI) is watching economic policy changes in the United States that may affect Indonesia and will determine on that basis whether a shift in its monetary policy stance is needed.

5 days ago
Economy premium

RI, India ‘not doing enough’ in education, Indian ambassador says

In addition to the education sector, Ambassador Chakravorty highlighted several other areas in which the two countries could explore the potential for greater cooperation, including health and technology.

6 days ago
Economy premium

Savings crunch may stall banks' loans growth in 2025

With loan-to-deposit ratios (LDR) of 98 percent and 96.1 percent, respectively, Bank Mandiri and BNI exceeded the OJK’s recommended range of 78 to 92 percent last year.

6 days ago
Economy premium

Car sales plunge further in another bad start to the year

Despite a sluggish start to the year, an industry association targets a modest increase in sales to 900,000 new cars for 2025.

1 week ago
Economy premium

New JETP colead Germany to dispatch delegation to Jakarta this month

Germany, which recently replaced the United States as a coleader in Indonesia’s Just Energy Transition Partnership (JETP), is set to dispatch a delegation to Jakarta this month to discuss the program’s implementation.

1 week ago
Economy premium

China's rejection of Thai durian opens door for Indonesian exporters

Indonesia eyes a bigger slice of the global durian market, and a recent rejection of Thai supplies by the world's largest importer, China, might help local producers increase exports.

1 week ago
Economy

Airbus and Boeing eye India's 'soaring skies'

The sustained growth of its economy and middle class have made India and its 1.4 billion people the third-largest air market in the world, after the United States and China.

1 week ago
Economy

Trump says he will announce reciprocal tariffs on many countries next week

President Donald Trump said on Friday he plans to announce reciprocal tariffs on many countries by Monday or Tuesday of next week, a major escalation of his offensive to tear up and reshape global trade relationships in the US' favor.

1 week ago
Economy premium

EU, France pledge 14.7 million euros for energy transition

The European Union and France have promised 14.7 million euros (US$15.3 million) in grants for a five-year technical assistance program dubbed the Indonesia Energy Transition Facility (IETF).

1 week ago
Economy premium

2024 GDP beats forecasts on stronger consumption, investment

Despite weakness in exports, Indonesia’s gross domestic product (GDP) growth last year exceeded expectations on the back of stronger household spending and investment.

1 week ago
Economy

Indonesia's economy tops forecast but worries remain

Indonesia's economy grew more than expected last year, the government said Wednesday, as a pick-up in trade, mining and agriculture helped offset ongoing global headwinds.  

1 week ago
Economy

Trump halts Canada and Mexico tariffs, China still targeted

US President Donald Trump delayed the start of tariffs on neighbors Mexico and Canada for a month Monday -- but China remained in the firing line for levies that are putting the global economy on edge.

1 week ago
Economy premium

Govt mulls mandatory use of benchmark price for coal exports

The government is considering a policy that would require thermal coal exporters to sell the commodity using Indonesia’s coal reference price (HBA) to prevent Indonesian coal from being sold abroad at prices below the local benchmark.

1 week ago
Economy

Trump pauses Mexico tariffs as last-ditch Canada talks continue

US President Donald Trump paused tariffs on Mexico for one month after last-minute talks Monday -- but there was no breakthrough yet in negotiations with Canada on an issue that has sparked fears of a global trade war.

2 weeks ago
Economy premium

Inflation hits decades low amid electricity discount, waning spending power

Annual inflation in January 2025 is the lowest since January 2000, BPS says.

2 weeks ago
Economy premium

Manufacturers' confidence grows, but cost pressure remains: PMI reports

Though costs remain a concern, Indonesian manufacturers have increased buying activity and bolstered stockpiles of input and output inventories in anticipation of demand growth this year.

2 weeks ago
Economy

India faces warmer February, winter crops at risk

Maximum and minimum temperatures in most parts of the country will be above-average in the month, Mrutyunjay Mohapatra, director-general of the India Meteorological Department, told a virtual news conference.

2 weeks ago
Economy

China shrugs off new Trump tariffs but bruising trade war looms

Donald Trump's new tariffs will probably not have a major impact on China's economy but may herald the opening salvo of another bruising trade war with Beijing, analysts said Sunday.

2 weeks ago

Today's ePost

Tue, February 18, 2025

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.