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Jakarta Post
Economy premium

Prabowo vows low budget deficit, rigorous fiscal discipline

President Prabowo Subianto has proposed a low fiscal deficit for the 2027 state budget bill though more efficient spending and higher revenue, even while holding onto an ambitious economic growth target.

3 hours ago
Economy premium

Housing ownership backlog falls to 9.29 million in March

For the first time, Statistics Indonesia (BPS) released a housing statistics figure, which compiles data from the National Socioeconomic Survey (Susenas) and administrative data from ministries, government agencies and local administrations. ...

8 hours ago
Economy premium

Prabowo vows to crack down on bad SOE governance, directors

President Prabowo Subianto plans to eliminate more than 750 state-owned enterprises and open legal ...

11 hours ago

The Latest

Economy premium

Rising exports offer new hope for textile industry

Indonesia’s textile exports are expected to grow by up to 4 percent in 2027, but weak supply-chain integration and outdated machinery are keeping the the industry from reaching its full potential.

18 hours ago
Economy premium

Prabowo kicks off e-motorcycle ecosystem to push nickel use

The government is providing eased credit access to back local electric two-wheelers and push for the use of nickel-based batteries in an industry increasingly dominated by lithium alternatives.  

1 day ago
Economy

Hong Kong's new frontier: Where Indonesia grows global

In little more than a decade, Indonesia has grown into Southeast Asia's largest economy, with its factories and resource base feeding supply chains that stretch to every major market.

1 day ago
Economy premium

2027 budget plan puts prudence, credibility to the test

Economists stress that creating a credible plan is more important than painting a bold aspiration, as the government continues to propose ambitious economic growth targets, while seeking to uphold fiscal prudence.

1 day ago
Economy

Iran to join BRICS development bank soon

Iran remains under sweeping US and international sanctions, and it has yet to reach a peace deal to end the current conflict with the US and Israel, giving Tehran added incentive to seek alternative financial channels outside the dollar system.

2 days ago
Economy premium

Worry about jobs, spending power hurts consumer confidence

Bank Indonesia’s retail sales index also dropped sharply in June, but the central bank sees improvements next month.

3 days ago
Economy

The economics of running: When a free sport becomes big business

More than 500 running events are taking place in Indonesia and more than 200 cities in 2026, roughly five times the number recorded in 2022.

3 days ago
Economy premium

Indonesia launches first gold ETF to expand bullion market

Indonesia holds the world's sixth-largest gold reserves, estimated at around 2,600 tonnes.  

3 days ago
Economy premium

Indonesia presses BRICS to defend multilateralism amid trade shift

Indonesia also sought a preferential trade agreement (PTA) with South America’s Mercosur bloc as negotiations for a broader Indonesia-Mercosur Comprehensive Economic Partnership Agreement (IEU-CEPA) made little progress. 

3 days ago
Economy premium

Official unemployment decline contrasts with rise in layoffs

Continued layoffs and a shift of work to the informal sector raises questions about the quality of jobs being created as official data shows that the unemployment rate edged down in May.

4 days ago
Economy premium

Prabowo mulling 'many' names for BI governor amid Destry’s rise

Anonymous sources said last week Prabowo had his eyes on Destry to win the race and her nomination would be made formal, according to reports from Bloomberg and Reuters.

5 days ago
Economy

Trump administration to invest $3 billion into minerals projects to boost defense supply

The White House needs critical minerals to replenish weapons stockpiles depleted during the Iran conflict and reduce US dependence on Chinese supply chains.

6 days ago
Economy premium

Poverty falls, but the line is too low, economists say

Economists say the country's poverty line no longer reflects actual living costs and are urging the government to revise it as soon as possible.

1 week ago
Economy

Between the commodification of nature and biocultural violence

As Indonesia enters a new chapter in biodiversity financing, experts caution against repeating the errors of the carbon market.

1 week ago
Economy

World Bank offers $750 million guarantee for Indonesia loans program

The World Bank announced on Thursday that it was providing US$750 million in financial guarantees to Indonesia's largest state-owned commercial bank, with the funds to be channeled into the government's low-interest loan program for small businesses.

1 week ago
Economy premium

Solid fundamentals mask economic hardship felt by many: CSIS

Rising spending among the wealthy while middle-class consumption loses steam suggests overall purchasing power is failing to keep pace with GDP growth.  

1 week ago
Economy premium

Sri Mulyani back in World Bank leadership role

The World Bank Group (WBG) has appointed Indonesia’s former finance minister Sri Mulyani Indrawati as a co-chair tasked with addressing extreme poverty in low-income countries.  

1 week ago
Economy premium

Businesses urge investment climate reforms to prevent more layoffs

Apindo noted that every unresolved business obstacle weakens the multiplier effect needed to attract investment, expand production and create employment.

1 week ago
Economy premium

GDP target a tall order after growth slowdown

Indonesia’s gross domestic product growth has decelerated in the second quarter, making the government’s target for the full year – a milestone toward reaching President Prabowo Subianto’s goal of 8 percent growth in his tenure – a tall order.

1 week ago
Economy premium

Rising interest rates take toll on bank margins

Rising interest rates are driving up funding costs and squeezing net interest margins (NIM) of banks, with analysts saying lenders will need to step up operational efficiency to sustain profitability.  

1 week ago
Economy premium

Purbaya forecasts high GDP growth this year

The finance minister said the full year GDP growth this year was projected to hover between 5.6 and 6 percent despite the likelihood of a slowdown in the second quarter.

1 week ago
Economy premium

Manufacturing back in expansion zone, but export woes linger

The purchasing managers’ index (PMI) climbed back above 50 last month as output edged higher and business confidence hit a six-month high, but weak exports and high input costs are keeping manufacturers wary.

1 week ago
Economy premium

RI posts $450m trade deficit in June as oil imports surge

Data from Statistics Indonesia (BPS), released on Monday, showed that the June shortfall narrowed from the $1.61 billion deficit recorded in May.

1 week ago
Economy premium

Inflation eases despite pressure from oil prices

Consumer price index growth cooled to 2.88 percent year-on-year in July despite ongoing pressure from high global oil prices, according to the latest report from Statistics Indonesia (BPS).

1 week ago
Economy premium

Bali financial hub plan sparks crowding concerns

Bali is seen as a possible location for the planned Indonesia International Financial Center (PFII), but can the resort island benefit from the development without becoming overburdened?  

1 week ago
Economy premium

Concert sector hails Danantara's plans, more reforms needed

In 2024, Singapore secured an exclusive deal with Taylor Swift to make the country her only stop in Southeast Asia, despite her massive fan base in neighboring markets, including Indonesia.   

1 week ago
Economy premium

Prabowo revives plan for trans-Sumatra, Kalimantan railways

The President has announced plans to step up railway development across the country, beginning with a cross-island network on Sumatra, as a cost-efficient “instrument of economic democratization” that would improve public transport connectivity, particularly for lower-income communities and people in smaller towns.

2 weeks ago

Today's ePost

Sat, August 15, 2026

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