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Jakarta Post
Economy

US Senate advances bill to end federal shutdown

The US Senate on Sunday moved forward on a measure aimed at reopening the federal government and ending a 40-day shutdown that has sidelined federal workers, delayed food aid and snarled air travel.

5 hours ago
Economy premium

Rising temp jobs, jobless youth strain RI’s job market

While the share of formal employment improved, analysts warned that many of these positions were short-term or contractual, offering little job security and potentially dampening worker morale and productivity. ...

10 hours ago
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.   ...

1 day ago

The Latest

Economy

Trump readies order for steep tariffs on goods from Mexico, Canada, China

US President Donald Trump is expected to sign an order on Saturday imposing hefty new tariffs of 25 percent on goods from Mexico and Canada and 10 percent on imports from China, potentially disrupting more than US$2.1 trillion worth of annual trade.

9 months ago
Economy premium

US backs out from JETP leadership role

The United States has backed out from its role as a co-leader alongside Japan in an international effort to help finance Indonesia’s energy transition, with Germany reportedly stepping into the breach.

9 months ago
Economy premium

Investment jumps 20.8% in 2024 as businesses gain confidence post election

Total investment grew by 20.8 percent to Rp 1.7 quadrillion (US$105 billion) last year compared to the previous year.

9 months ago
Economy

World awaits Trump tariff deadline on Canada, Mexico and China

With less than 24 hours before President Donald Trump's deadline to impose sweeping tariffs on the three biggest US trading partners -- Canada, Mexico and China -- the global economy is bracing for impact.

9 months ago
Economy

Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar

President Donald Trump on Thursday warned off BRICS member countries from replacing the US dollar as a reserve currency by repeating a 100 percent-tariffs threat he had made weeks after winning the November presidential elections.

9 months ago
Economy premium

Indonesia launches new credit scheme for labor-intensive industries

At the BRI Microfinance Outlook 2025 on Thursday in Jakarta, the senior economic minister launched a new credit scheme that carries a 5% interest subsidy rate to help labor-intensive industries.

9 months ago
Economy

Consumers at the heart of the ASEAN opportunity

Businesses looking to grow would do well to look toward the major markets in Southeast Asia.

9 months ago
Economy premium

Govt wants exported crude oil to go to domestic refineries instead

The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, urging the government to diversify the downstream oil and gas industry in order to offset potential revenue losses from reduced exports.

9 months ago
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.

9 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.

9 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.

9 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.

9 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.

9 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.

9 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.

9 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.

9 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.

9 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.

9 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).

9 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.

9 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.

9 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.

9 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.

9 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.

9 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.

9 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.

9 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.

9 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.

9 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.

9 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.

9 months ago
Page: 20

Today's ePost

Mon, November 10, 2025

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