Recent Economy News: Economic Growth, Policy, and Trends

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Jakarta Post
Economy

IMF's Georgieva says global economy weathering energy shock, sees fiscal concerns

Georgieva said that there was a "tug of war" between the negative Gulf energy supply shock and growth tailwinds from the artificial intelligence investment boom that was starting to spread beyond US borders.

10 hours ago
Economy premium

Industry warns severe El Niño could shrink CPO output

GAPKI chairman Eddy Martono said that the significant impact of a severe El Niño on palm oil production could be felt as early as next year.  ...

12 hours ago
Economy premium

Prabowo kicks off solar power push with groundbreakings, open tenders

At the event on Tuesday, President Prabowo Subianto broke ground on solar power plants in Banyuwangi and Pasuruan in East Java, as well as at Gajah Mungkur Reservoir in Central Java, with a combined capacity of 396.4 MWp. ...

1 day ago

The Latest

Economy premium

Stable rules key to luring investment, outgoing EU envoy says

The outgoing EU ambassador to Indonesia, Denis Chaibi, whose term ends this month, told The Jakarta Post that stable regulations and fewer trade barriers would be key to attracting European investment in view of the signing of the Indonesia-EU CEPA in October.

1 day ago
Economy premium

Whoosh takeover set for September, Purbaya says

After incurring a loss of nearly $290 million in the first six months of 2026, the government is finally stepping up to take over the operation and maintenance of the Jakarta-Bandung HSR, according to the finance minister.

1 day ago
Economy

US vows 'economic asphyxiation' of Iran with new sanctions

The announcement comes almost six months into a war on Iran that has ground to a stalemate, with stalled peace talks and Tehran blocking most traffic through the crucial Strait of Hormuz.

1 day ago
Economy

Norway will drill in Arctic regardless of EU's position, says energy minister

Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as Europe's "green battery", Energy Minister Terje Aasland told Reuters.

2 days ago
Economy

US vows 'economic D-Day' as Iran threatens to halt all oil exports

Without detailing specific measures, US Treasury Secretary Scott Bessent signaled Washington would target "fearful nations" that practice "appeasement" by engaging with Iran's economy and financial system.

2 days ago
Economy premium

US-China trade war gives Indonesia shot at boosting investment

Combined investment from mainland China and Hong Kong reached US$11.5 billion in H1 2026, nearly three times the $4.1 billion recorded a year earlier.

3 days ago
Economy

Canada retaliates as trade war with US escalates

Negotiations between the neighboring countries broke down Friday in Washington, putting into force new 50-percent US tariffs impacting about $20 billion worth of goods, or 5.5 percent of Canadian exports to the United States.

3 days ago
Economy

US, Canada fail to reach trade pact to avert Trump tariffs

The lack of a final agreement means that new 50-percent duties, set to impact some $20 billion of Canadian exports to the United States, took effect on Saturday.

4 days ago
Economy

Trump announces temporary tariff relief on ground beef imports

The US president did not say which countries would be exporting the beef but added there was a commitment to sell it at 25 percent below market prices.

4 days ago
Economy premium

Jakartans disinclined about Indonesian Credit Card

Reducing reliance on western credit card providers was the main notion behind the establishment of the Indonesian Credit Card (KKI), so the country has a system to rise to the task when worst comes to worst.

5 days ago
Economy premium

Indonesia, EU target October CEPA signing

Under the CEPA, around 90 percent of tariff lines for Indonesian goods entering the EU market will gradually be eliminated to zero.

5 days ago
Economy premium

President's muted Nusantara support chills investment

The President made no mention of the country’s future capital city under construction in East Kalimantan in his State of the Nation address last Friday.

5 days ago
Economy premium

Indonesia to kick off 30 GW tender in 100 GW solar power push

President Prabowo Subianto previously announced a plan to build 100 GW of solar power in the coming years, saying it could save the state up to Rp 73.9 trillion (US$4.14 billion) annually in electricity production.

6 days ago
Economy

South Korean container ship will test Arctic route to Europe amid Western concern

South Korea will flag off on Saturday a container ship bound for Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially viable, but risking friction with Western allies, as the voyage requires Russian cooperation.

6 days ago
Economy premium

IKN earmarks Rp 5.3t for work on legislative, judicial buildings in 2027

The Nusantara Capital City (IKN) Authority will direct most of its 2027 budget toward completing legislative and judicial complexes, as private investment also expands across the future capital.

1 week ago
Economy

Trump pauses 50% tariffs on Canadian goods for three days

US President Donald Trump paused the planned rollout of new tariffs on Canadian goods late Tuesday, after negotiations between both countries that went down to the wire.

1 week ago
Economy

Global bond markets put governments on notice over fiscal, inflation risks

US, Japanese, German and French borrowing costs are at their highest levels in years or decades as debt levels in developed countries look increasingly unsustainable.

1 week ago
Economy

Against all odds: A scholar's story that inspired many

From displacement to success, Maluku-born Richard Waery details how education and a scholarship opportunity opened numerous doors for him. His is a story of resilience and proof that one opportunity can change the course of a lifetime.

1 week ago
Economy

Uneven demand amid Indonesia’s automotive recovery

Government programs, like the free nutritious meal initiative and Red and White Cooperatives, have helped drive commercial vehicle demand, but the boost may prove difficult to sustain.

1 week ago
Economy premium

Ambitious targets cast doubt on ‘prudent’ budget plan

Economists say the government’s macroeconomic assumptions for next year cast doubt on a 2027 budget plan that comes with relatively cautious goals for state revenue and expenditure.

1 week ago
Economy

Japanese economy ekes out modest growth

The Japanese economy eked out modest growth in the second quarter despite the impact of the Iran war, official data showed Monday, but the reading fell short of market expectations.

1 week ago
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.

1 week 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.

1 week 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

1 week ago
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.

1 week 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 week 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 week ago

Today's ePost

Thu, August 27, 2026

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