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Jakarta Post
Economy premium

Retail sales, consumer confidence ease as Idul Fitri boost dissipates

Newly released data reflects a normalization in consumer sentiment after heightened demand earlier in the year driven by the Idul Fitri holiday period, and tighter monetary policy may weigh on consumer confidence and retail sales in the months ahead.

11 hours ago
Economy premium

Barter to reduce forex risks in cross-border trade, govt hopes

Avoiding use of the US dollar, Indonesian companies recently signed countertrade deals with Philippine business partners worth $350 million. Jakarta encourages cross-border barter as a way to tackle exchange rate risks, but the measure will do little to help the ailing rupiah, experts note. ...

1 day ago
Economy premium

Indonesia's economic pivot calms markets, but firmer measures needed

'Oversold' markets expect concrete improvement in policies, not rhetoric.  ...

1 day ago

The Latest

Economy premium

Pertamina hikes Pertamax prices by 32% amid high oil prices

Prices for subsidized Pertalite and Biosolar, however, remain unchanged.

1 day ago
Economy premium

Economy not as weak as many fear, says ex-minister Chatib Basri

Amid rumors that he might be restored to his former post as finance minister, Chatib has pointed to investor confidence in the government's fiscal management as the key issue at present.

1 day ago
Economy premium

Internship program graduates struggle to land jobs

One year into a government internship program placing fresh graduates in subsidized roles across the country, many of its participants are struggling to secure permanent jobs, citing intense competition in a tightening market.

2 days ago
Economy

Maintaining the competitiveness of the national plywood industry

Indonesia’s plywood industry, which accounts for a significant share of exports, has further growth potential but also faces numerous challenges. Enhancing the competitiveness of domestic producers requires integrated strategic measures.

2 days ago
Economy premium

RI braces for US forced labor-linked tariffs while seeking OECD gains

Government estimates the final tariff burden on Indonesian goods exported to the US could reach about 18 percent, including a 10 percent tariff tied to forced-labor concerns.

2 days ago
Economy

Prabowo's populist policies propel a 'doom-loop' in Indonesian markets

A battering from the global energy shock and a number of unorthodox decisions - from centralizing commodity exports under a sprawling sovereign fund that reports directly to Prabowo, to new jobs and growth mandates for the central bank - have rocked investor confidence.

2 days ago
Economy premium

Gas shortages raise deindustrialization risks

The limited supply of subsidized gas priced at US$7 per MMBTU has forced many manufacturers to source additional gas at prices ranging from $11.5 to $15 per MMBTU.

3 days ago
Economy premium

Tax revenue grows considerably in May, Purbaya says

The finance minister has hailed "real improvement" across the board in tax collection, which the government said was the result of stronger economic activity and improved implementation of the Coretax platform.

4 days ago
Economy premium

Loan growth rises despite persistently weak MSME lending: OJK

The OJK expressed optimism on Friday that "strong banking capital resilience" would help serve as a buffer against the impacts of a weakening rupiah, after unveiling the industry's loan growth figures in April.

4 days ago
Economy premium

Bali developers pitch double-digit yields as govt tightens property rules

Developers are marketing investment yields of as much as 17 percent, betting that strong tourism demand, remote work and an influx of wealthy foreigners could sustain returns despite a broader slowdown in the country’s overall property market.

6 days ago
Economy premium

Free meals agency halts new kitchens, resets budget after graft shake-up

The newly appointed National Nutrition Agency (BGN) head has pledged sweeping efficiency measures and a moratorium on new kitchens, signaling a major reset of President Prabowo Subianto’s flagship free nutritious meal program following a corruption scandal.

6 days ago
Economy premium

OECD cuts Indonesia growth forecast to 4.7%

The organization urged Indonesia to improve the efficiency of public spending by better targeting energy subsidies toward vulnerable households rather than relying on broad-based price controls.

6 days ago
Economy

Official, banker remain positive on Indonesia’s growth potential

Indonesia’s government bond markets have remained resilient, supported by policy credibility and a stable domestic investor base amid global volatility, a deputy finance minister said.

1 week ago
Economy premium

Indonesia prepares defense to US forced labor tariff threat

Jakarta has strengthened its safeguards against forced-labor imports through Trade Minister Regulation No. 9/2026, issued earlier this year, which seeks to ensure imported goods are not produced using forced labor.

1 week ago
Economy

EU eases spending rules to tackle energy shock

The EU on Wednesday eased its spending rules to help member states confront the energy shock sparked by the Middle East war, as back-to-back crises leave countries in a fiscal squeeze.

1 week ago
Economy premium

Developers raise alarm as margins shrink for subsidized housing

Building homes for low-income families is becoming financially untenable, developers are warning, arguing that profit margins have been eroded by surging construction costs and a weakening rupiah.

1 week ago
Economy premium

Foreign arrivals lift tourism as domestic travel weakens

Data released by Statistics Indonesia (BPS) on Tuesday showed international tourist arrivals reached 1.25 million visits in April, up 7.22 percent year-on-year (yoy) and 14.75 percent from the previous month. 

1 week ago
Economy premium

Industry braces for on-the-ground reality as new coal, CPO export scheme goes live

During the transition period, exporting companies are only required to complete an approval checklist in the CEISA 4.0 dialog box as a form of reporting to DSI.

1 week ago
Economy premium

Costly oil and gas imports wipe out trade surplus

Indonesia only narrowly avoided a trade deficit in April as the cost of imported oil and gas products skyrocketed in April.

1 week ago
Economy premium

Inflation creeps up amid rising fuel, food prices

Statistics Indonesia (BPS) reported that the consumer price index (CPI) surged by 3.08 percent year-on-year (yoy) in May, though it remained below Bank Indonesia’s (BI) inflation target of 1.5 to 3.5 percent.   

1 week ago
Economy

Marriott Bonvoy maps out customer behavior and loyalty in Indonesia

To increase understanding of how loyalty programs drive customer retention, the APEC Loyalty Trends Report 2026 by Marriott Bonvoy writes a new playbook for travelers in Indonesia and the surrounding region.

1 week ago
Economy

Bigger 'kurban', thinner wallets

National data on sales of sacrificial animals for Idul Adha show that while the kurban market might appear healthy, changes in consumer behavior over the past few years indicate growing caution in spending.

1 week ago
Economy

Southeast Asia power market at a turning point, now more than ever

Even before the shock from the Iran war, regional electricity consumption surged by 24 percent between 2021 and 2025, but 70 to 80 percent of that new demand was met by coal and gas.

1 week ago
Economy premium

Twenty years on, Lapindo’s economic scars linger

According to the Sidoarjo Mudflow Control Center (PPLS), the agency received Rp 287.7 billion in state budget funding in 2025 to manage the disaster. 

1 week ago
Economy

Harbour Energy sells Natuna assets for $215m, keeps Andaman presence

Harbour Energy has completed the US$215 million divestment of its participating interests in the Natuna Sea Block A and in the Tuna Block to Prime Group.  

1 week ago
Economy premium

RI, France launch new business council to boost investment

French President Emmanuel Macron described Indonesia as one of France’s key strategic partners in the Indo-Pacific, adding that both countries could help build broader international cooperation without becoming overly dependent on any single economic power.

1 week ago
Economy

UK pledges 300,000 youth placements after 'lost generation' warning

Britain will create additional work experience and training placements for young people, the government said on Friday, a day after a review warned the country risked a "lost generation" locked out of work.

1 week ago

Today's ePost

Fri, June 12, 2026

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