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Jakarta Post
Economy premium

Banks still 'cautious' about lending to high-risk MSMEs

The national banking industry remains cautious about lending to micro, small and medium enterprises despite ongoing government efforts to expand credit issuance and boost the country’s economic growth.  

14 hours ago
Economy

Talks to end US shutdown look promising, Senate majority leader says

Bipartisan talks in the US Senate to end the federal shutdown have taken a positive turn, Senate Majority Leader John Thune said on Saturday, with lawmakers working on deals to temporarily reopen the government and introduce three longer-term funding bills for some agencies. ...

20 hours ago
Economy

Analysts urge Philippines to build on Malaysia-led ASEAN geopolitical, economic progress

As the Philippines is set to take over the Association of Southeast Asian Nations (ASEAN) chairmanship from Malaysia in 2026, analysts have said that continuity and sustained momentum are essential in safeguarding the region’s peace and prosperity. ...

1 day ago

The Latest

Economy premium

Forcing 8% growth could lead to reckless fiscal management: CSIS

Given a recent decline in Indonesia’s economic growth and unfavorable global circumstances, pushing gross domestic product (GDP) growth toward the targeted 8 percent rate could lead to imprudent fiscal spending, a think tank has warned.

6 months ago
Economy

‘Danantara effect’ risks creating a mirage of economic salvation

Since its launch, Indonesia’s newly established sovereign wealth fund, Danantara, has captured national imagination with promises so grand that they border on the unbelievable. Heralded as one of the world’s largest sovereign wealth funds and positioned as the engine of a sweeping economic revolution, Danantara’s narrative has inflated expectations to levels that may ultimately prove impossible to meet.

6 months ago
Economy

Trump to announce trade deal with UK Thursday: US media

Donald Trump will announce a trade deal with the United Kingdom on Thursday, US media has reported, after the president touted a "major" upcoming agreement on social media.

6 months ago
Economy premium

Millions still without jobs despite drop in unemployment

The latest BPS report indicates that unemployment fell to a record low of 4.76 percent in February, but the KSPI and a think tank analyst have pointed to discrepancies with real conditions on the ground, especially regarding layoff data.

6 months ago
Economy premium

Retailers push for cash transfers to boost household spending

Retail industry representatives have urged the government to hand out shopping vouchers to consumers to boost people's spending power and thereby stimulate economic growth.

6 months ago
Economy

Standard Chartered supports PT Solusi Bangun Beton with digital payments platform

To overcome operational inefficiencies and data security risks, renowned building materials company Solusi Bangun Beton partnered with Standard Chartered to implement a digital payments platform that streamlines transactions and improves customer experience.

6 months ago
Economy premium

Reassessing local content policy: Balancing industrial growth and global competitiveness

The TKDN policy has become a strategic issue in Indonesia's economic development. On the one hand, it serves as a crucial tool for promoting national industrial growth. On the other hand, it can lead to inefficiencies and reduce the competitiveness of domestic industries.

6 months ago
Economy premium

GDP growth drops below 5% in Prabowo’s first quarter

Economic growth in Prabowo Subianto’s first full quarter as president has touched the slowest pace since the coronavirus pandemic as the Ramadan boost failed to significantly jack up consumer spending and investors fretted about global uncertainty while government spending contracted.

6 months ago
Economy

Indonesia annual Q1 GDP growth slowest in more than three years

The national economy grew 4.87 percent in the first quarter from a year earlier, its weakest growth rate in more than three years, official data showed on Monday, compared with a 4.91 percent growth rate expected by analysts in a Reuters poll.

6 months ago
Economy premium

Businesses fear new layoff task force could lead to criminalization

President Prabowo has promised to form a layoff task force to prevent arbitrary dismissals of employees and ensure companies adhere to fair labor practices, as demanded by workers attending the May Day rallies.

6 months ago
Economy premium

PMI plunges deep into contraction territory amid US tariffs

Indonesia’s manufacturing Purchasing Managers’ Index (PMI), the key gauge of factory activity in the country, has touched its lowest point since the coronavirus pandemic.

6 months ago
Economy premium

Coffee, gold push up inflation to 1.95 percent in April

Higher demand for coffee and gold drove April's 1.95 percent rise in CPI, according to BPS, with the prices of the two commodities recording global highs in recent months due to external factors such as climate impacts and geopolitical tensions.

6 months ago
Economy

China 'evaluating' US offer to negotiate tariffs

The United States has approached China to seek talks over Trump's 145 percent tariffs and Beijing's door was open for discussions, the commerce ministry said.

6 months ago
Economy premium

Fiscal revenue down 17% yoy in first quarter

In its monthly update for March, the Finance Ministry said state revenue had fallen 17 percent in the first three months of this year compared to the first quarter last year amid weaker corporate earnings.

6 months ago
Economy

Trump blames Biden for shrinking US economy

The sharp increase in imports was a reflection of businesses and consumers stockpiling foreign goods to get ahead of Trump's sweeping trade levies, which went into effect earlier this month.

6 months ago
Economy

US reaching out to China for tariff talks: Beijing state media

United States officials have reached out to their Chinese counterparts for talks on vast tariffs that have hammered markets and global supply chains, a Beijing-backed outlet said on Thursday citing sources.

6 months ago
Economy premium

RI secures $60m for floating solar project through JETP

Standard Chartered, Germany's development finance institution DEG and France’s Proparco on Tuesday announced a US$60 million investment to fund the construction and operation of a solar photovoltaic (PV) plant in Indonesia.

6 months ago
Economy premium

Industry minister admits legal loopholes enable transshipment through RI

Textile associations have urged provincial Trade Ministry offices, which are authorized to issue certificates of origin (SKA), to tighten the issuance procedures and verify whether export goods are genuinely produced in Indonesia.

6 months ago
Economy

China's manufacturing shrinks in April as trade war bites

China's manufacturing activity shrank in April after growing at its highest rate in a year the previous month, official data showed Wednesday, as Beijing fights an intensifying trade war with the United States.

6 months ago
Economy premium

Foreign investment up 12% yoy in first quarter

Indonesia has seen respectable growth in foreign direct investment (FDI) in the first quarter of 2025 as realized funding reached a quarter of the government’s full-year target, while domestic investment grew even faster.

6 months ago
Economy premium

Trump tariffs to hit trade, marine cargo credit insurance

OJK encourages insurance firms to continue strengthening their risk management, diversifying both their investment portfolios and products to cushion against global economic volatility.

6 months ago
Economy

Japan, Vietnam pledge to support free trade as PM Ishiba visits Hanoi

Ishiba's first trip to Vietnam, and his subsequent visit on Tuesday to the Philippines, mark the latest high-level East Asian meetings amid escalating global uncertainty triggered by the threat of crippling US tariffs.

6 months ago
Economy

IMF-World Bank meetings end with little tariff clarity, but economic foreboding

Global finance leaders came to Washington this past week seeking clarity on what it would take to get some relief from President Donald Trump's multi-layered tariff assault and on just how much pain it will bring to the world economy.

6 months ago
Economy

US-China: The clash of the titans

As the trade war between the United States and China escalates, here is a point-by-point comparison of the world's two biggest economic powers.

6 months ago
Economy

Conflicting US-China talks statements add to global trade confusion

US President Donald Trump asserted in an interview published on Friday that tariff negotiations were under way with China, but Beijing denied any talks were taking place, the latest in a series of conflicting signals over what progress was being made to de-escalate a trade war threatening to sap global growth.

6 months ago
Economy

World Bank chief economist sounds alarm on emerging market debt

The International Monetary Fund (IMF) and World Bank spring meetings this week in Washington have been dominated by worries about the economic fallout from century-high US tariffs, and retaliatory ones announced by China, the European Union, Canada and others.

6 months ago
Economy premium

Local EV production slumps amid imports

Indonesia’s push to become an EV hub faces new challenges, as relaxed import rules have seen the domestic market flooded with foreign-made cars, causing sharp declines in output from local manufacturers.

6 months ago
Economy premium

Investment realization reaches 24 percent of annual target in first quarter

Investment grew 2.7 percent in the first quarter and was up 16 percent on the year yet came in just shy of a quarter of the full-year target.

6 months ago
Economy premium

Govt sticks to 5 percent growth target despite IMF's downward revision

The government is holding onto its target for 5 percent gross domestic product (GDP) growth this year despite the International Monetary Fund revising down its projection for Indonesia’s economy in a recent update.

6 months ago
Economy

Vietnam and US start trade talks: Hanoi

US President Donald Trump this month threatened massive 46 percent levies on Vietnam, with Washington accusing the country of facilitating Chinese exports to the United States and allowing Beijing to get around tariffs.

6 months ago
Page: 14

Today's ePost

Mon, November 10, 2025

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