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Jakarta Post
Economy premium

SMEs struggle to access green financing, govt admits

According to a report released by the Centre for Strategic and International Studies (CSIS) on Friday, Indonesia’s green industry policies remain focused on technical and supply-side measures like energy efficiency and emission cuts, while market demand, financing and investment support are still limited.

19 hours ago
Economy premium

New padel sport trend means business in Jakarta

A racket sport that has seen fast global growth is attracting increased attention in Jakarta, not just as a recreational activity, but also as a business opportunity. ...

2 days ago
Economy premium

Java no longer has power oversupply, ministry says

Java no longer experiences an electricity oversupply, an Energy and Mineral Resources Ministry official said, urging immediate development of new energy sources, especially renewables, to meet rising demand. ...

3 days ago

The Latest

Economy premium

Govt faces hurdles in bridging infrastructure funding gap

The government is banking on corporate participation to bridge Indonesia’s infrastructure funding gap, but experts warn that strained finances of state-owned construction firms and the current reluctance of private investors to commit to large-scale projects may hinder progress.  

3 days ago
Economy premium

Gearing up for grid transition in Indonesia

In Indonesia, state utility PLN continues to fund grid development primarily through its own balance sheet; a model that places sustained pressure on its financial performance. Addressing financing challenges will be essential to ensuring the grid's readiness for a renewable-powered future.

4 days ago
Economy premium

BI stays put on interest rate amid wobbly global economy

The BI rate would remain at 5.50 percent, where it has stood since a 25-basis-point (bps) cut last month.

4 days ago
Economy

Energy transition: How coal mines could go solar

Disused coal mines could be refashioned to place vast fields of solar panels, a new report suggests, providing an unlikely solution to a common obstacle to uptake of the green energy source.

4 days ago
Economy premium

Govt cooks up Rp 130t microloan scheme for state banks to help fund housing program

In a bid to solve a funding shortfall for the President's "3 million homes" program, the housing ministry has come up with a plan to disburse Rp 130 trillion (US$7.98 billion) contributed by state banks under Danantara via the micro credit program (KUR).

4 days ago
Economy premium

Prabowo pushes for Temasek, Danantara cooperation to develop Batam

Other cooperation includes the sectors of renewable energy and sustainable industrial zones.

5 days ago
Economy

Indonesia’s potential for cross-border ASEAN tourism

To compete with its neighbors, Indonesia must reframe regional tourism as a strategic priority rather than a side focus. This requires targeted action across three main areas: Destination development, air connectivity and service quality.

5 days ago
Economy premium

World bank approves $2b financing for RI development

The instruments would allow the World Bank and its partners to mobilize an additional $345 million of private investment to finance solar and wind projects.

5 days ago
Economy premium

RI sees no further need to send delegation to US for trade talks

The government currently sees no need to send another delegation to the United States for the negotiations on tariffs as it believes it has made its case for open bilateral trade and says the ball is now in the US’ court.

6 days ago
Economy

China factory output slumps but consumption offers bright spot

China's factory output grew slower than expected last month as trade war pressures bit, official data showed Monday, while a bump in a key gauge of domestic consumption offered a rare bright spot for the economy.

6 days ago
Economy premium

Batik makers packing in as imitations flood market

Indonesia has seen a steep decline in the number of artisanal batik producers over the past four years across key production centers from Java to Sumatra, as pressure mounts from a surge of mass-produced batik-like fabrics, most of which are imported.

1 week ago
Economy premium

RI-US trade negotiations in limbo as deadline nears

Talks between Indonesia and the United States remain in limbo just days ahead of a deadline both parties set for reaching a trade deal to avert punishing US import tariffs that would effectively shut off the world’s largest consumer market for many Indonesian products.

1 week ago
Economy premium

Minister dismisses claim Jokowi involved in Raja Ampat nickel mining

Energy and Mineral Resources Minister Bahlil Lahadalia has dismissed allegations linking former president Joko “Jokowi” Widodo to nickel mining activities in Raja Ampat.

1 week ago
Economy

UK expected to boost defense, health in major spending review

Finance minister Rachel Reeves is set to address parliament around midday, outlining her spending review in the hopes of boosting the country's sluggish growth, which risks added pressure from US President Donald Trump's tariffs onslaught.

1 week ago
Economy premium

Govt is redefining poverty line after two decades, DEN says

The redefinition is being worked on by the National Economic Council alongside Statistics Indonesia (BPS), the National Development Planning Agency (Bappenas) and the Statistics Society Forum. Indonesia last revised its poverty line in 1998.

1 week ago
Economy premium

Cement industry takes hit from slowdown in construction, govt spending

Indonesia’s cement industry faced declining sales in the first quarter of this year amid a slowdown in government infrastructure development.

1 week ago
Economy

China's May exports slow, deflation deepens as tariffs bite

China's export growth slowed to a three-month low in May as US tariffs slammed shipments, while factory-gate deflation deepened to its worst level in two years, heaping pressure on the world's second-largest economy on both the domestic and external fronts.

1 week ago
Economy

US and China set for trade talks in London on Monday

Three of US President Donald Trump top aides will meet with their Chinese counterparts in London on Monday for talks aimed at resolving a trade dispute between the world's two largest economies that has kept global markets on edge.

2 weeks ago
Economy premium

Indonesia faces brain drain as skilled graduates leave for jobs abroad

Indonesia has seen an increasing outflow of skilled young adults seeking work abroad in a brain drain phenomenon experts attribute to concern around job opportunities within the country.  

2 weeks ago
Economy

Clean energy investment rising despite economic uncertainty: IEA

Investment in clean energy technologies is set to strike a record this year despite global economic uncertainty, double the spending on fossil fuels that will dip for the first time since 2020, the International Energy Agency said Thursday.

2 weeks ago
Economy premium

BI revises down its target for sharia financing growth in Indonesia

Sharia financing will still grow but at a slower pace. Instead of the initial between 11 and 13 percent target, the central bank has adjusted it downward to between 8 and 11 percent.

2 weeks ago
Economy premium

OECD slashes growth forecast for Indonesia to 4.7%

The OECD pointed to sluggish business and consumer confidence, dampened by uncertainty over fiscal policy and persistently high borrowing costs.

2 weeks ago
Economy

Higher US metals tariffs kick in as deadline for 'best' offers arrives

The US tariff rate on most imported steel and aluminum doubled on Wednesday as President Donald Trump ratchets up a global trade war on the same day he expects trading partners to deliver their "best offer" in bids to avoid punishing import tax rates on other goods from taking effect in early July.

2 weeks ago
Economy premium

RI eyes cheaper financing with yuan, Aussie bonds

The Finance Ministry says the issuance will depend on which market offers more favorable conditions in terms of pricing and costs.

2 weeks ago
Economy premium

Wage subsidies doubled, electricity discount canceled in stimulus shake-up

In last-minute changes to a planned consumer stimulus package for June and July, the government has canceled an electricity discount but doubled wage subsidies.

2 weeks ago
Economy premium

RI barely holds onto trade surplus in April, exports to US down sharply

Indonesia has recorded its lowest trade surplus since it began a rally five years ago as industries restock goods in anticipation of rising risks from United States import duties.

2 weeks ago
Economy premium

Inflation slows in May as food prices fall

With inflation sits well within the central bank target, it could open room for further monetary easing to support economy recovery, though it will likely remain cautious amid risks from global uncertainties.

2 weeks ago

Today's ePost

Mon, June 23, 2025

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