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Jakarta Post
Economy premium

Indonesia seeks better US tariff terms after 10% forced-labor duty

Business groups warned that export-oriented manufacturers are likely to bear the brunt of the new tariff regime, particularly those heavily dependent on the US market.

1 hour ago
Economy premium

China, Australia to get special treatment in export earnings policy

The senior economy minister has divulged that Australia, Canada and China would join the US in receiving special treatment under the latest version of the DHE SDA policy, with the government set to discuss further details until announcing the final arrangement. ...

9 hours ago
Economy

US unveils new tariffs on 60 partners as Trump rebuilds trade agenda

The levies, effective Friday, range from 10 percent to 12.5 percent and impact major economies like China, India and the European Union. ...

13 hours ago

The Latest

Economy premium

No serious investors yet for 90-day oil reserve plan, govt says

As building a strategic oil reserve primarily involves purchasing and storing oil that generates little to no profit, experts said the government must provide stronger incentives and assurances to attract private investors.

1 day ago
Economy premium

Credit growth accelerates further to 12.67% in June

Bank Indonesia projects that loan growth in 2026 will be maintained within the range of 8-12 percent.  

1 day ago
Economy premium

Indonesia braces for new trade measures as US temporary tariff expires

Indonesia is among 14 economies facing a proposed 10 percent tariff linked to a US investigation into alleged forced-labor concerns.

1 day ago
Economy

US announces nuclear deal with Saudi Arabia

The move comes as the United States under President Donald Trump fights a war with Iran that began in large part over concerns with Tehran's nuclear program, an issue that remains a key point of contention during now-stalled peace talks.

1 day ago
Economy

India's domestic workers go online as instant services boom

Households in India have long relied on an informal army of domestic workers to mop floors, wash dishes and cook meals. A growing crop of tech start-ups is now attempting to bring structure to the unregulated sector.

2 days ago
Economy premium

South Korean garment maker to shut local factory after years of losses

The company is expected to continue operating its other business unit in Semarang, Central Java.

2 days ago
Economy premium

Indonesia's investment crossroads: Time to upgrade the playbook

The comfortable lead Indonesia has enjoyed against its regional peers in attracting foreign investment is beginning to narrow as the competitive map shifts to quality.

3 days ago
Economy premium

Govt to expedite sugarcane rejuvenation within two years

Beyond producing sugar for domestic consumption, the government wants to turn sugarcane waste into ethanol to fuel its biofuel ambitions.  

4 days ago
Economy premium

Layoffs rise to 32,389 in first half amid manufacturing slowdown

Presidential special advisor for labor and workers' welfare Said Iqbal said he believes the actual number of workers affected by layoffs is higher than the official figures reported by the Manpower Ministry.

4 days ago
Economy premium

Indonesia to store imported 'Russian' crude as national reserves

The government has imported around 770,000 barrels of Russian crude oil, according to a Bloomberg report, though the energy ministry says further verification is necessary to determine the composition and source of the fuel that makes up the so-called Indonesia blend.

1 week ago
Economy premium

Investment growth remains subdued

Since slowing down in the fourth quarter of 2025, investment has been growing at around 7 percent, a pace well below the average seen in previous years.

1 week ago
Economy

US inflation cools in June before renewed Mideast fighting

US consumer inflation cooled more than expected in June as energy costs fell on a temporary easing of the US-Iran war, government data showed Tuesday, but renewed hostilities could stoke price pressures.

1 week ago
Economy premium

Govt allows cooperatives to manage mining, community wells

Cooperatives Minister Ferry Juliantono stated that the move is part of the broader efforts to scale up cooperatives to be on par with state-owned enterprises (SOEs) or private businesses.   

1 week ago
Economy premium

No end in sight for MSME lending woes

Bank lending to micro, small and medium enterprises (MSME) remains sluggish despite multiple policy efforts to invigorate the segment. Analysts blame weak consumer spending power and the risky credit profile of many small businesses.  

1 week ago
Economy premium

RI to scale back 2027 new toll road construction to just 12 km

The directorate general of highway construction at the Public Works Ministry stated that it received a proposal to postpone new road construction for next year because of the limited available budget. 

2 weeks ago
Economy premium

New industry council risks more rhetoric than reform

Investors continue to face overlapping procedures involving multiple ministries and regional governments, which create uncertainty over land rights, permits and environmental approvals, according to the Indonesian Industrial Estate Association (HKI).  

2 weeks ago
Economy premium

Consumer confidence, retail sales dip further after rate hikes

Central bank indexes measuring consumer confidence and retail sales both dipped in June, pointing to ongoing weakness in household spending as a key pillar of Indonesia’s economy.

2 weeks ago
Economy premium

Govt expects full-year tax shortfall despite strong growth in first half

Indonesia has completed the first half of 2026 with strong growth in tax revenue but the government expects the full year to conclude with a Rp 47 trillion (US$2.6 billion) shortfall.

2 weeks ago
Economy

WTO panel largely rejects RI's challenge to EU duties in fatty acid imports dispute

The panel upheld one ​Indonesian complaint, concluding that the ​European Commission failed to correctly convert the currency of certain transactions.

2 weeks ago
Economy

Prabowo touts Batam as Indonesia’s next global maritime, investment gateway

In a meeting with BP Batam, the President has emphasized that the free trade zone and tropical attraction should serve as a national model for downstream industrialization, investment acceleration, regulatory reform and logistics efficiency.

2 weeks ago
Economy premium

S&P DJI flags risk of frontier market downgrade for Indonesia

The benchmark IDX Composite index fell around 1.4 percent during the first trading session on Wednesday, although this was on a par with the declines recorded for Nikkei and KOSPI in the same period.

2 weeks ago
Economy premium

Forex reserves up $700m in June after rate hikes

June marked the first increase recorded this year after five constant monthly declines since December 2025 when the reserves were at US$156.5 billion.

2 weeks ago
Economy premium

Govt aims for year-end launch of tax-friendly financial center

An early draft version contains stipulations on special legal and taxation powers, which experts say could leave the country open to illicit financial activities such as money laundering with few economic benefits.

2 weeks ago
Economy

Indonesia, Singapore sign agreement on cross-border electricity project

Indonesian sovereign wealth fund ​Danantara and Singapore's Keppel Electric, Sembcorp ‌Industries and Singapore Energy Interconnections have signed a memorandum of understanding for ​a cross-border electricity project, Singapore's ​prime minister said on Monday.

2 weeks ago
Economy premium

South Sumatra CNG station on fast track to slash LPG imports

In a bid to cut annual LNG imports totaling around Rp 500 trillion to fill a gaping shortfall of nearly 7 million tonnes, the government is pushing to accelerate development on a CNG central compression station to exploit substantial methane reserves in South Sumatra.

2 weeks ago
Economy

Europe's baked rice bowl seeks escape from drought

Pavia is at the heart of Italy's rice-making industry. The province regularly produces nearly 5 million tonnes of the grain each year. But this year there was not enough spring rain and its rice farmers are despondent.

2 weeks ago
Economy premium

Critical months ahead for shoemakers as costs climb, demand falters

Footwear manufacturers say the next few months will be critical and warn that layoffs could become unavoidable should uncertainty and weak domestic spending persist.

2 weeks ago

Today's ePost

Fri, July 24, 2026

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