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Jakarta Post
Economy

EU, RI plan to sign trade pact next week in Bali, Airlangga says

The European Union and Indonesia have finalized a trade agreement to be signed next week in Bali, according to the government.

4 hours ago
Economy premium

Bank execs ‘overwhelmed’ with $12b state cash injection

State-owned lenders have received 200 trillion rupiah ($12.2 billion) in government deposits redirected from Bank Indonesia to spur credit growth, but their top executives are unsure how to deploy the funds. ...

21 hours ago
Economy premium

Shifting gear to growth with stability mode

The country needs a balanced approach to growth that incorporates innovation, development and investment in targeting key value-added sectors to not just catch up with its regional peers, but to achieve its overarching goal in the Golden Indonesia 2045 vision. ...

23 hours ago

The Latest

Economy premium

Indonesia, India ink six MoUs to boost trade, investment

The CEO Forum held during the President's New Delhi visit produced several partnerships between Indonesian and Indian businesses across a variety of sectors, including pharmaceuticals and communications technology, to kick off new momentum in bilateral relations.

7 months ago
Economy

US Fed expected to hold rate steady despite Trump pressure to cut

After three interest rate cuts in a row, the US Federal Reserve is expected to take a breather on Wednesday and signal it will remain on pause until the data changes, despite pressure to cut from President Donald Trump.

7 months ago
Economy

US home sales in 2024 weakest in nearly 30 years

Sales of previously owned US homes slipped to their weakest level in about three decades last year on the back of high housing prices and mortgage rates, according to industry data released Friday.

7 months ago
Economy premium

Govt slashes ministerial, regional spendings to finance welfare programs

Finance Minister Sri Mulyani Indrawati says Rp 306 trillion in budget cuts will be reallocated to initiatives that directly improve the people’s welfare, such as the free meals program, food and energy self-sufficiency and health care.

7 months ago
Economy

BOJ raises interest rates to highest in 17 years

The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stable around its 2 percent target.

7 months ago
Economy

How things stand in China-US trade tensions with Trump 2.0

This week, the mercurial magnate said 10 percent tariffs on all Chinese imports could kick in on February 1 -- and on the campaign trail touted a levy as high as 60 percent.

7 months ago
Economy premium

Indonesia pitches green energy investments at WEF meeting

During a side event at the ongoing WEF Annual Meeting, the government promoted Indonesia as a destination for renewables investments, highlighting its abundant energy sources and sustainability principles as it aims to achieve energy self-sufficiency.

7 months ago
Economy premium

Govt to require exporters to keep 100% earnings onshore for a year

President Prabowo Subianto has “greenlit” the new arrangements and the government will soon introduce an implementing regulation, Airlangga said.

7 months ago
Economy premium

Govt considers additional funding for free meals program

The government is considering seeking additional funding to achieve this year’s full recipient target for President Prabowo Subianto’s flagship free nutritious meals program amid struggles to cover ballooning costs.

7 months ago
Economy

Hong Kong and Indonesia strengthen ties, expand megalopolis of the East

To promote business collaboration and bilateral cooperation between the Hong Kong Special Administrative Region (HKSAR) and Indonesia, Mr Paul Chan, Financial Secretary of the HKSAR, visited Indonesia from January 8 – 10.  Jakarta Post had an exclusive interview with him.

7 months ago
Economy

The global forces sending coffee prices skyward

While the current hot streak may calm down in the coming months, experts and industry insiders expect volatility will remain the watchword, giving little visibility for producers -- two-thirds of whom farm parcels of less than one hectare (2.5 acres).

7 months ago
Economy premium

World Bank, IMF expect RI economy to grow 5.1% this year

The International Monetary Fund (IMF) and the World Bank have both kept their projections for Indonesia’s 2025 gross domestic product (GDP) growth unchanged while flagging long-term challenges for emerging economies.

7 months ago
Economy premium

Jakarta still pursuing FTA with US under Trump

The government has said it will be pursuing a bilateral trade agreement with the United States during Donald Trump’s presidency, but whether that succeeds will depend on what Indonesia can bring to the discussion table.

7 months ago
Economy premium

Prabowo calls for 'Indonesia Inc', with private sector taking lead

The President has urged greater involvement of private companies in boosting the economy as part of "Indonesia incorporated", including in infrastructure development.

7 months ago
Economy

IMF raises global growth outlook and flags rising economic divergence

Global growth is expected to increase slightly this year while remaining stuck below its pre-pandemic average, the IMF said Friday, flagging the growing economic divide between the United States and European countries.

7 months ago
Economy premium

Kadin congress settles Arsjad, Anindya leadership feud

Anindya is the sole candidate for the chairmanship, as Arsjad said in November that he would not seek re-election at Thursday’s congress.

8 months ago
Economy

China's economic growth surpasses forecasts on stimulus push

China's economy ended 2024 on better footing than expected helped by a flurry of stimulus measures, although the threat of a new trade war with the United States and weak domestic demand could hurt confidence in a broader recovery this year.

8 months ago
Economy premium

Poverty rate at historic low despite uptick in inequality

Indonesia has recorded a historically low poverty rate, according to the latest survey conducted by Statistics Indonesia (BPS), but inequality worsened slightly and remains particularly high in Jakarta.

8 months ago
Economy premium

Exports grow 2% in 2024 despite plunge in coal, CPO shipments

Several quite minor export goods happened to see significant growth in 2024 and managed to compensate for a portion of the declines in Indonesia's main export commodities.

8 months ago
Economy

How Beijing seeks to jump-start wavering economy

As China's economy struggles, officials in Beijing have the arduous task of formulating a policy response that can ensure sustainable growth in what promises to be a challenging year ahead.

8 months ago
Economy

Customs' revenue grew 4.9 percent in 2024

Customs and Excise revenue hit Rp 300.2 trillion (US$19.3 billion) in 2024 and grew 4.9 percent, driven by robust imports, export policy changes and higher tobacco taxes.

8 months ago
Economy

MSMEs Ministry preparing special loan for food production tools

The Micro, Small, and Medium Enterprises (MSMEs) Ministry is preparing a new ministerial regulation to allow businesses to take loans for food production tools. This initiative aims to ensure national food security.

8 months ago
Economy premium

Car sales plunge 14 percent in 2024 as EVs gain ground

Electric vehicle (EV) sales have more than doubled and now make up 5 percent of the market as sales of gasoline-powered cars plunge.

8 months ago
Economy premium

InJourney Airports records 4% passenger growth in 2024

PT Angkasa Pura Indonesia, which operates under the brand InJourney Airports, counted 155.9 million passengers in 2024, namely 118.03 million on domestic routes and 37.9 on international flights.

8 months ago
Economy

China saw booming exports in 2024 as Trump tariffs loom

China's exports surged to a record high in 2024, providing a much-needed boost for the economy as the prospect of biting tariffs imposed by US president-elect Donald Trump looms.

8 months ago
Economy premium

Japan announces RI projects worth $815m on PM Ishiba’s visit

A third expansion of Patimban Port in West Java is to receive the lion’s share of the funding.

8 months ago
Economy premium

RI may lack industries to absorb downstream output, MIND ID says

The government’s downstreaming agenda must be supported by industrialization, but the pace of industrialization in Southeast Asia’s largest economy is decreasing, especially in sectors utilizing processed goods from the mining industry.

8 months ago
Economy premium

Businesses, experts expect little economic benefit from joining BRICS

Indonesia recently became a full member of the BRICS economic and geopolitical grouping. The name is an acronym for the bloc’s first five member states: Brazil, Russia, India, China and South Africa.

8 months ago
Economy premium

Govt, Qatar's Qilaa group ink deal to build 1 million homes

Indonesia, through the public housing ministry, has inked an MoU with a Qatari investment firm for an undisclosed amount to help fund the government's mega housing project, which aims to build 3 million homes per year.

8 months ago
Economy

Malaysia, Singapore announce deal on Johor economic zone

They are targeting 50 projects at the economic zone within the first five years of its inception, and the creation of 20,000 skilled jobs.

8 months ago
Page: 16

Today's ePost

Wed, September 17, 2025

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