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Jakarta Post
Economy

Oil extends losses as Trump flags Venezuela shipments

Crude has seen wild swings since the US president ordered the toppling Saturday of Nicolas Maduro, his counterpart in Caracas, and said Washington would run the country while demanding "total access" to its key resource.

17 hours ago
Economy premium

Trade protectionism to persist in 2026

Trade protectionism has become a new normal that economists say Indonesia will have to navigate carefully this year through market diversification. ...

1 day ago
Economy

Banking sector 2026: Gaining altitude?

Indonesia’s banking sector had a tough time in 2025 due to several challenges, mostly stemming from weaker domestic demand. A struggling middle-to-low-income class has put pressure on banks from the assets and liability side. ...

1 day ago

The Latest

Economy premium

‘Paralyzed’ businesses reel from $4b losses due to Sumatra floods

Small businesses in Aceh, North Sumatra and West Sumatra have watched as the recent flooding swept away their incomes along with roads, utilities and other essentials, including access to food.

1 month ago
Economy premium

Plan for new Jakarta-Bandung fast train raises questions over Whoosh

The envisioned Kilat Pajajaran railway project threatens to cut into the market for the existing high-speed Whoosh service connecting the same two cities.  

1 month ago
Economy premium

Indonesia to maintain 5% growth to 2027 on policy support: OECD outlook

The OECD assessment sees Indonesia’s inflation declining to 1.9 percent this year, and then picking up to 3.1 percent and 3.2 percent in successive years.

1 month ago
Economy premium

German, US chip investors urge faster permits for Batam facilities

Quantum Luminous Indonesia president director Walter Grieves said the plan was to commence the semiconductor project at the start of 2026.

1 month ago
Economy premium

Keeping MSMEs afloat next year

The macroeconomic dominance of micro, small and medium enterprises (MSMEs) is not reflected in their financial health or in the banking credit market.

1 month ago
Economy premium

Govt urges businesses to hire fresh graduates amid stubborn jobless rate

The senior economy minister has called on Kadin to help the government tackle unemployment by boosting jobs in the private sector, including by easing entry-level requirements so around 1.5 million fresh graduates can get a foot in the door each year.

1 month ago
Economy premium

Local demand keeps RI factories humming as exports lose steam

The Purchasing Managers’ Index (PMI) report published by S&P Global on Monday shows the index rising to 53.3 in November, up from 51.2 the preceding month.

1 month ago
Economy premium

Inflation slows slightly in November

Consumer prices rose only 0.17 percent in the month of November, driven by prices of gold jewelry and airfare, according to data published by Statistics Indonesia (BPS) on Monday.

1 month ago
Economy premium

RI maintains trade surplus despite oil, coal export slump

Exports slipped to US$24.24 billion in October, down 2.31 percent year-on-year (yoy), weighed heavily by a steep 33.6 percent plunge in oil and gas shipments.  

1 month ago
Economy premium

Indonesia rebuffs EU WTO dispute workaround amid appellate void

The Trade Ministry is still considering its next steps in disputes concerning steel and biodiesel, where World Trade Organization rulings in Indonesia’s favor cannot be enforced because of the European Union appeals.

1 month ago
Economy premium

BI projects 5.3% GDP growth for 2026

Inflation is projected to remain within the current target range of 1.5 to 3.5 percent for the next two years, while loan growth is expected to reach 8 to 12 percent in 2026.

1 month ago
Economy premium

Indonesian F&B exporters must adapt to make it big in Australia

According to Statistics Indonesia (BPS), the archipelago’s food and beverage exports to Australia jumped to US$333.3 million last year, up 44.6 percent from around $230 million in the previous two years.

1 month ago
Economy premium

Measly pay rises drive young Indonesians into second jobs

For many workers, one income stream is not enough to cover rising living costs and ensure financial stability.

1 month ago
Economy

ASEAN navigates critical turning points following Malaysia’s chairmanship

Following a year of high-stakes diplomacy and regional recalibration, Malaysia’s 2025 ASEAN chairmanship has provided fresh momentum for economic integration and strategic partnerships – reinforcing the bloc as a center of gravity in the increasingly contested Indo-Pacific region.

1 month ago
Economy premium

BGN suggests using potatoes, fish in school meals to help curb inflation

National Nutrition Agency (BGN) head Dadan Hindayana said on Friday that all kitchens, formally called nutrition fulfillment service units (SPPG), are recommended to diversify their menu while considering the availability of the food in the local markets and to support farmers.  

1 month ago
Economy premium

RI, China ink $2.2 billion in deals for 16 investment projects: Airlangga

The government has secured investment commitments from China for 16 projects valued at a total of Rp 36.4 trillion (US$2.2 billion) under a memorandum of understanding (MoU) linked to the “Two Countries, Two Parks” initiative.

1 month ago
Economy premium

Industry wants clarity on Indonesia’s ‘Haj Village’ in Mecca

Business players say the 80-hectare infrastructure project aimed at Indonesian pilgrims could transform Indonesia’s haj-umrah economy, but only if the government secures a prime location.

1 month ago
Economy premium

Seed shortage jeopardizes cacao replanting effort

Swathes of Indonesian cacao plantations need replanting to boost production, but a shortage of seeds could jeopardize the effort to replace old, unproductive trees.

1 month ago
Economy

Combating illegal imports of manufactured products

The consequences of illegal imports for domestic manufacturing are profound, ranging from the disruption of fair competition to workforce layoffs.

1 month ago
Economy

EU appeals WTO ruling in Indonesia steel standoff

The European Union appealed Monday a World Trade Organization ruling faulting it for mistakes in setting tariffs on Indonesia stainless steel products, according to a Geneva-based trade official.

1 month ago
Economy premium

Loan growth remains sluggish despite Purbaya’s liquidity injection

Disappointing data on bank lending raises questions about the effectiveness of the Finance Ministry’s Rp 200 trillion (US$12 billion) liquidity injection conducted in early September to jump-start economic activity, with economists pointing to a lack of credit demand.

1 month ago
Economy

G20 summit opens in South Africa without Trump

Despite not attending the summit, US President Donald Trump's presence loomed large at the event, the first summit of the group of major economies to be held in Africa, after producing a surprise unilateral plan to end the war in Ukraine largely in line with Russia's goals.

1 month ago
Economy premium

Foreign investors still weighing Prabowo's state-led approach

Foreign direct investment long accounted for half or slightly more than half of total investment in Indonesia, but the balance flipped this year.

1 month ago
Economy premium

Fiscal deficit far below 3% ceiling in October despite strong monthly rise

According to the latest budget figures presented by Finance Minister Purbaya Yudhi Sadewa, the state budget deficit remains well below the full-year ceiling with just two months left in the calendar year, which the minister attributes to fiscal discipline.

1 month ago
Economy

Malaysia concludes 2025 chairmanship, strengthening ASEAN centrality

Malaysia’s leadership during its Association of Southeast Asian Nations (ASEAN) chairmanship has elevated the bloc’s global standing and reinforced its centrality through strong diplomacy, coordinated policy moves and high-level engagement, say analysts.

1 month ago
Economy

World's richest nations are pulling back from global development efforts: Study

Aid and development financing has been cut by many developed economies in favor of defense spending.

1 month ago
Economy premium

Infrastructure, renewables at center of Australia’s RI investment push

Canberra has been pushing firms to engage in high-growth markets in the region through a policy framework called “Invested: Australia’s Southeast Asia Economic Strategy to 2040”.

1 month ago
Economy premium

Govt to send 500,000 workers abroad in 2026, backed by Rp 25t budget

To kick off the program, the government will dispatch 500 prospective workers who completed training in December.

1 month ago
Economy premium

Tourism minister eyes $18 billion in revenue this year, beating target

The Tourism Ministry, along with the Transportation Ministry, is upbeat about the coming peak travel season over Christmas and New Year's, expecting both visitor numbers and revenue to exceed initial targets to reach a projected 15 million arrivals and $18 billion in forex earnings.

1 month ago
Economy premium

EU ambassador: Lots of mutual homework ahead of CEPA enactment

EU Ambassador to Indonesia and Brunei Darussalam Denis Chaibi sat down with The Jakarta Post’s M. Taufiqurrahman, Mark Lempp and Deni Ghifari on Friday to discuss what’s next in the process and how it will change the trade landscape.

1 month ago

Today's ePost

Thu, January 8, 2026

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