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Jakarta Post
Economy premium

Multifinance firms stuck in slow lane as car sales stall

Multifinance companies have recorded continuing decline in yoy growth over the first three months to 4.6 percent in March, primarily due to sluggish first-quarter car sales of just 256,368 units, down 2.9 percent compared to the same period last year.

9 hours ago
Economy

US, China hail 'substantial progress' after trade talks in Geneva

The United States and China on Sunday said progress had been made after a weekend of talks aimed at de-escalating trade tensions sparked by President Donald Trump's aggressive tariff rollout. ...

15 hours ago
Economy

Wary investors hope US-China talks cool high-stakes trade war

Investors are hopeful that US-China trade talks this weekend will cool a trade war between the world's two largest economies and dispel some of the uncertainty clouding financial markets, though few expect a major breakthrough just yet. ...

1 day ago

The Latest

Economy

China to boost credit for property market, renovate 1 million homes

China said Thursday it would boost the credit available to the ailing property market by the end of the year and help renovate a million homes as unveiled its latest measures to shore up the struggling sector.

6 months ago
Economy premium

Years later, Indonesian tourism still below pre-pandemic level

More than four years after the coronavirus pandemic wreaked havoc on international travel, Indonesia’s crucial tourist industry has yet to recover.

6 months ago
Economy

Sovereign sukuk plays major role in decade of Indonesian development

Sovereign sukuk (SBSN) has played an important role over the past decade of economic and infrastructure development in Indonesia. Also known as Islamic bonds, the sharia-based financing instrument is one effective solution that supports national development while fulfilling the principles of Islamic finance.

6 months ago
Economy premium

BI keeps rate unchanged but open to cut at right moment

Bank Indonesia will keep eye on the Federal Funds Rate (FFR), US Treasury yields and the state of the ongoing Middle East conflict, among other indicators.

6 months ago
Economy

'Age of Electricity' coming as fossil fuels set to peak: IEA

More than half of the world's electricity will be generated by low-emission sources before 2030 but the deployment of clean energy is "far from uniform" across the globe, the International Energy Agency said Wednesday.

6 months ago
Economy premium

Businesses hope for Sri Mulyani’s return as finance minister

After a meeting with the president-elect in Jakarta on Monday, Sri Mulyani said Prabowo had asked her to serve as finance minister again.

6 months ago
Economy

A decade of Indonesian MSME journey: Empowering local products to penetrate global markets

Micro, small and medium enterprises (MSMEs) hold a vital role in the national economy, becoming a backbone of economic stability, and have proven to be resilient in the face of crises such as the COVID-19 pandemic. MSMEs dominate economic growth by contributing around 60.5 percent of gross domestic product and absorbing 96.9 percent of the total workforce. Therefore, the government continues to encourage the MSME sector through various policies and programs that are expected to advance the sector so that it can participate in the global value chain.

6 months ago
Economy premium

Indonesia must get more clean energy investment, new minister says

According to Investment Minister Rosan Roeslani, data center providers have shown interest in Indonesia but backed off because of a lack of renewable energy and opted to invest in Malaysia instead.

6 months ago
Economy

Govt maintains revenue optimism in 2025 by expanding, intensifying policies

In the last 10 years, the Indonesian economy has been one of the best-performing economies in the world, with average annual economic growth of above 5 percent, controlled inflation and a positive fiscal deficit as a result of effective consolidation.

6 months ago
Economy

A decade of positive performance in ensuring social benefits through development

Over the last decade, Indonesia has successfully integrated development across various sectors nationwide, with the government ensuring that the development agenda runs well and has a positive impact on society. Despite many challenges ranging from global economic turmoil, geopolitical tensions and pandemics to climate issues, the government has been consistently present in reaching all levels of society.

6 months ago
Economy premium

Domestic car production slumps by 11 percent in September

Automobile production has declined, in part because of the weakening purchasing power of Indonesian customers.

6 months ago
Economy

State spending in the past decade shows better spending overall

The average growth of Indonesia’s state spending in the past decade was recorded at 6.83 percent, rising from Rp 1,777.2 trillion (US$114 billion) in 2014 to Rp 3,621.3 trillion in 2025.

6 months ago
Economy

State budget financing remains on track to protect welfare, maintain stability

The government is actively implementing state spending to meet the targets of the state budget (APBN), namely by supporting economic growth and improving people's welfare. To that end, the government has consistently allocated the budget for various priority programs and managed state finances wisely.

6 months ago
Economy

Tech helps Singapore economy top forecasts in third quarter

Singapore's economy grew more than expected in the third quarter as a rush for all things linked to artificial intelligence drove up demand for computer chips, according to preliminary data Monday.

6 months ago
Economy premium

Hamburg summit seeks solutions for sustainable development financing

The United Nations has estimated that the world is facing an annual financing gap of about US$4 trillion to achieve the SDGs, leaving countries with scarce resources to invest in better education, healthcare, renewable energy and climate resilience.

6 months ago
Economy

Maintaining sustainability with the 2025 state budget

The 2025 state budget was prepared during the government transition period in a spirit of sustainability, optimism and inclusiveness, yet remains cautious and vigilant in facing global and national dynamics.

6 months ago
Economy

State budget drives education equality, toll infrastructure improvement in the past decade

Increased equality in education services is the main key to nurturing high quality and competitive human resources, embodying the characteristics of being healthy, intelligent, adaptive, innovative and skilled.

6 months ago
Economy

China consumer prices rise at slower rate in September

China's consumer inflation rate slowed in September, official data showed Sunday, in a sign that demand remains fragile in the world's number two economy.

6 months ago
Economy

China flags more fiscal stimulus for economy, leaves out key details on size

China pledged on Saturday to "significantly increase" debt to revive its sputtering economy, but left investors guessing on the overall size of the stimulus package, a vital detail to gauge the longevity of its recent stock market rally.

7 months ago
Economy

Govt revises up 2025 state budget revenue, state spending to drive more quality

The government has revised up the 2025 State Budget revenue target to Rp 3,005.1 trillion from Rp 2,996.9 trillion.

7 months ago
Economy

Obstacles and strategies to achieving 2025 tax revenue target

Head of the Tax Revenue Management Sub-Directorate of the Directorate General of Taxes (DJP) at the Finance Ministry Muchamad Arifin has reported that the tax revenue performance of the last 10 years was relatively good. Although there was a slowdown between 2014 and 2019, from 2021 to 2023 tax revenue grew very well, supported by economic recovery, rising commodity prices and a mix of tax policies. In 2022, tax revenue experienced the highest growth of 115.6 percent.

7 months ago
Economy

2025 state budget accommodates new administration’s flagship programs

Ministry/institution spending has been adjusted from the original Rp 976.8 trillion in the 2025 draft state budget (RAPBN) to Rp 1,160.1 trillion in the 2025 state budget (APBN). Meanwhile, non-ministry/institution spending has decreased from Rp 1,716.4 trillion to Rp1,541.4 trillion.

7 months ago
Economy premium

No more 'trickle-down' economy: Prabowo

Tycoon Hashim Djojohadikusumo said Prabowo was always “more of a socialist” on account of his late father Sumitro Djojohadikusumo, the last chairman of the Indonesian Socialist Party (PSI) before its dissolution in 1960.

7 months ago
Economy

Here’s why the 2025 state budget is a milestone for the Golden Indonesia 2045 vision

Central government spending in the 2025 state budget has been set at Rp 2,701.4 trillion, consisting of non-ministry/institutional spending of Rp 1,541.3 trillion and ministry/institutional spending of Rp 1,160.1 trillion. Since 2021, central government spending has grown by 9.5 percent.

7 months ago
Economy premium

Prabowo promises food self-sufficiency within four years

The Agriculture Ministry expects Indonesia will be self-sufficient in rice in 2027 and capable of exporting the commodity in 2028.

7 months ago
Economy

HSBC Indonesia provides opportunity for customers to diversify their investment portfolio

HSBC Indonesia, along with Batavia Prosperindo Aset Manajemen (BPAM), have jointly rolled out a mutual fund product, Batavia India Sharia Equity USD (BISE), a solution for affluent investors eager to expand their investment portfolio to Indian markets while adhering to sharia principles.

7 months ago
Economy premium

Lack of clean power blights Batang industrial park

Analysts and a business association say clean power has become a top priority for foreign companies when selecting locations for overseas factories, especially for electric vehicle and battery manufacturers.

7 months ago
Economy premium

Geopolitics, climate change pose risks to fiscal stability, Mari Pangestu says

A former trade minister and World Bank director has cautioned Indonesia to look ahead and anticipate potential global disruptions that could affect the country's fiscal stability.

7 months ago
Economy premium

Retailers downbeat as consumer confidence declines

Retailers in Indonesia have expressed pessimism in their sales outlook one day after another survey showed that consumer confidence in the country is weakening.

7 months ago
Economy premium

Govt offers three seaports to foreign, domestic investors

The Transportation Ministry is planning auctions for the development of Tanjung Carat Port in South Sumatra, Makassar New Port in South Sulawesi and Ambon New Port in Maluku.

7 months ago
Page: 14

Today's ePost

Tue, May 13, 2025

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