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Jakarta Post
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.

6 hours 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.    ...

10 hours 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. ...

12 hours ago

The Latest

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.

14 hours 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.

20 hours 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. 

3 days 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.  

4 days 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.

4 days 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.

4 days ago
Economy premium

Sumatra blackout raises alarm for Indonesia’s data center push

Future projects may gradually flow to markets perceived as lower-risk in power uncertainty, such as Malaysia or Thailand, unless reliability improvements are quickly made, experts noted.

5 days ago
Economy premium

Prabowo pushes reactivation of Husein airport, Bandung mayor says

The Bandung administration hopes the airport can recover passenger traffic levels seen before the pandemic and before the transfer of most flights to Kertajati International Airport in Majalengka, which is located in the eastern part of West Java.

5 days ago
Economy

Hong Kong overtakes Switzerland as world's top cross-border wealth hub

Hong ​Kong has overtaken Switzerland as the top global booking center for cross-border wealth, ‌a first that is unlikely to be reversed as hubs in Asia grow faster than the European safe-haven, Boston Consulting Group said on Wednesday.

6 days ago
Economy premium

Govt earmarks Rp 7.8 trillion for second-half stimulus package

The government is allocating funds for transportation discounts during the school vacation period and the Christmas and New Year (Nataru) season, in a bid to stimulate domestic mobility and consumption.

6 days ago
Economy premium

9,000 layoffs may come within 3 months, labor union warns

One company that had fallen victim to the war was PT Xacti Indonesia, formerly known as Sanyo, which had been axing workers since last year due to financial hardships and was forced to close shop permanently this month.

1 week ago
Economy

AI chip demand drives 6 percent growth for Singapore in first quarter

Singapore's economy grew 6 percent year-on-year in the first quarter as demand skyrockets for artificial intelligence chips, balancing the fallout from the Middle East war, the government said Monday.

1 week ago
Economy premium

Indonesian bonds shrug off interest rate hike

Indonesia has maintained relatively low bond yields, reducing the spread with US Treasuries, but economist views differ on whether that is a vote of confidence in Indonesia’s economy or an unhealthy market condition.

1 week ago
Economy

EU must reform, consolidate, use joint debt to cope with spending needs, IMF says

European Union countries will face large bills for defense, energy and pensions in the next 15 years, the International Monetary Fund told EU finance ministers on Saturday, suggesting a mix of reforms, consolidation and joint borrowing as a way to manage that.

1 week ago
Economy

EU seeks to rebalance trade relationship with China

The EU executive team including Sejourne will hold a special debate next Friday on how the 27-nation bloc should approach China to level the playing field.

1 week ago
Economy premium

Weakened rupiah disrupts business, education plans

Middle-class Indonesians are among the groups most vulnerable to currency depreciation, because a larger share of their spending is impacted by changing exchange rates.

1 week ago
Economy

APEC trade envoys gather in China to discuss trade imbalances, supply chain resilience

Asia-Pacific trade envoys gathered in China are expected to discuss multilateral cooperation, trade imbalances and supply chain resilience in the face of global shocks, including the US-Israeli war on Iran.

1 week ago
Economy

Euro zone economic activity contracts at fastest pace in over two years, PMI shows

Economic activity in the euro zone shrank at its sharpest rate in more than two-and-a-half years in May, as a war-driven surge in living costs hammered demand for services and pushed overall input price inflation to its highest in three-and-a-half years, a survey showed on Thursday.

1 week ago
Economy

Steps to counter rupee's depreciation under consideration, India says

"We are monitoring the situation ... and several steps are under consideration. The situation is globally quite challenging," Goyal said. 

1 week ago
Economy premium

Govt to turn Kertajati airport into regional Hercules maintenance hub

The plan was unveiled by Defense Minister Sjafrie Sjamsoeddin following his meeting with United States Defense Secretary Pete Hegseth last month, during which Hegseth conveyed his intention to build a maintenance hub for the Hercules aircraft.   

1 week ago
Economy premium

Purbaya raises conflict-of-interest concern in Mandalika SEZ dispute

The case centers on PT Perusahaan Air Indonesia Amerika (PAIA), a foreign investment joint venture backed by investors from the United States, Singapore and Saudi Arabia, which alleged it had been unfairly treated by state-owned firm ITDC.

1 week ago
Economy premium

Weak rupiah puts pressure on strategic projects

The rupiah’s depreciation has raised the costs for Indonesia’s National Strategic Projects, with contractors warning of squeezed margins, cash flow strain and potential construction delays for import-heavy infrastructure works.

1 week ago
Economy premium

BREAKING: Govt eyes 6.5 percent economic growth in 2027

In a speech outlining the Macroeconomic Framework and Fiscal Policy Points (KEM-PPKF), Prabowo told the House of Representatives on Wednesday that the deficit for 2027 was set at 1.8 to 2.4 percent of gross domestic product (GDP), below the legal cap of 3 percent.

1 week ago
Economy

Under Trump pressure, EU agrees to implement US trade pact

EU lawmakers and member states reached a deal in the early hours of Wednesday to implement the bloc's nearly year-old trade pact with the United States, with President Donald Trump threatening new tariffs unless it is done by July 4.

1 week ago
Economy premium

Market pressure amid the triple global shock

Beyond negative sentiment related to warning from global index compiler MSCI, global investors have also become more sensitive to concerns surrounding Indonesia’s fiscal resilience, particularly amid rising global energy prices.

2 weeks ago
Economy

Japan first quarter GDP growth beats expectations

Japan's economy grew faster than expected in the first quarter on solid exports and consumption, data showed, though momentum will face a severe test as the full force of the energy shock from the Iran war filters through businesses and consumers.

2 weeks ago
Economy premium

Chili prices rise as fuel costs climb, Idul Adha demand surges

Authorities noted that unfavorable weather conditions and attacks from plant pests and diseases had temporarily disrupted agriculture production in several areas.

2 weeks ago

Today's ePost

Wed, June 3, 2026

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