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Jakarta Post
Economy

US customs agency expects tariff refund system to be ready in 45 days

While striking down the tariffs that were a central part of Trump's economic policy as unconstitutional, the US Supreme Court did not say how the collected tariffs should be refunded, leaving small importers worried the process would be expensive and time-consuming.

2 hours ago
Economy

US economy unexpectedly loses jobs in February; unemployment rises

The US economy unexpectedly shed jobs in February and the unemployment rate increased to 4.4 percent, potentially hinting at a deterioration in labor market conditions that could put the Federal Reserve in a difficult spot amid rising oil prices. ...

14 hours ago
Economy premium

F&B producers boost buffer stocks amid Strait of Hormuz blockade

According to the Indonesian Food and Beverage Producers Association (Gapmmi), past disruptions of shipping routes could raise transportation costs by as much as 30 to 40 percent. ...

22 hours ago

The Latest

Economy premium

Retail sales post strong annual gain as consumer confidence holds up

The retail sales index dipped slightly in January when compared with the holiday month of December but is up a strong 7 percent year-on-year.

3 weeks ago
Economy

Indonesia’s growth: Resilient but uneven

Although formal job creation has improved, job quality, reflected in income stability, benefits and productivity, remains unequal.

3 weeks ago
Economy premium

Fiscal discipline remains intact, govt insists, after Moody’s outlook cut

State Secretary Prasetyo Hadi said on Monday that the government continued to adhere to fiscal rules and had not breached statutory deficit limits, stressing that budget management remained on a prudent footing.

3 weeks ago
Economy premium

Bulog proposes Mecca warehouse to stock haj rice exports

Bulog’s planned warehouse in the Haj Village will also be used to store other food commodities from Indonesia, such as meat and fish, to meet the consumption needs of the haj pilgrims. 

3 weeks ago
Economy premium

Poverty at record low as govt seeks to redefine threshold

The poverty rate rests at a historic low of 8.25 percent of the total population, continuing its declining trend from September 2022.

3 weeks ago
Economy premium

Thomas Djiwandono sworn in as BI deputy governor

The former deputy finance minister, who also President Prabowo Subianto's nephew, replaced Juda Agung, who resigned as BI deputy governor on Jan. 13 and was inaugurated as deputy finance minister on Thursday.

3 weeks ago
Economy

Japan's Takaichi may struggle to soothe voters and markets

Japanese stocks soared to record highs Monday after Prime Minister Sanae Takaichi's election triumph, but experts warned that the country's first woman leader could struggle to keep both voters and markets happy.

3 weeks ago
Economy premium

Unemployment figure subsides despite growing layoffs

Data from the Manpower Ministry in January showed a 13 percent layoff increase in 2025 compared with the preceding year.

1 month ago
Economy premium

Economic fundamentals solid, govt insists, after Moody’s lowered outlook

Economists interpret the rating agency’s latest assessment as a serious corrective signal, noting that a downgrade in Indonesia’s credit rating could sharply raise borrowing costs and pile pressure on the rupiah.

1 month ago
Economy premium

Ex-BI deputy replaces Tommy as deputy finance minister

In what appears to be a coordinated role swap, the President has appointed a former BI deputy governor to fill the deputy finance minister post left vacant by his nephew Tommy Djiwandono, who is set to take up his new job as BI deputy governor.

1 month ago
Economy premium

Govt waives airfare VAT for Idul Fitri

The government has announced a temporary waiver on value-added tax (VAT) for airline tickets for the upcoming Idul Fitri holiday period, when travel demand spikes across the country.

1 month ago
Economy

Indonesian markets face more pressure after Moody's cuts outlook

Indonesian stocks and currency traded weaker in early trade on Friday after Moody's lowered the country's credit rating outlook, the latest jolt in a turbulent start to the year for Southeast Asia's largest economy.

1 month ago
Economy premium

2025 GDP growth misses target

Economic growth improved slightly last year but failed to meet the government’s target set out in the state budget.

1 month ago
Economy

Indonesian economic growth tops 5% on consumption boost

The figures come days after the country's stock market suffered its worst crash in decades after index compiler MSCI threatened a downgrade over the transparency of the free-float stocks.

1 month ago
Economy premium

Purbaya calls out Citi economist over deficit projection

The finance minister stated that the 2025 deficit was deliberately pushed close to the 3 percent limit to ensure that the economic downturn did not spiral into a recession.

1 month ago
Economy premium

Weather woes, demand strain may keep inflation above target

Statistics Indonesia (BPS) reported that annual inflation reached 3.55 percent year-on-year (yoy) in January, citing a low base effect after the figure fell below its normal trend in January last year because of electricity tariff discounts.

1 month ago
Economy

WTO must 'reform or die': talks facilitator

Successfully reforming the WTO is a matter of life and death for the organization, warns the facilitator of talks on revamping the global trade body.

1 month ago
Economy premium

Indonesia imports Russian oil in December and January, data shows

The imports, tracked by Kpler and Vortexa, came as the prospect of declining demand from India, one of the main buyers of Russian crude, has depressed prices of the western-sanctioned oil, sales of which are vital in helping fund the war in Ukraine.

1 month ago
Economy premium

Layoffs rise for fourth straight year, ministry data show

The government has logged another annual increase in layoffs, continuing a four-year trend that points toward a growing informal sector.  

1 month ago
Economy premium

US tariff talks concluded, deal awaits signing, says Airlangga

Coordinating Economy Minister Airlangga Hartarto says all negotiation points on a tariff deal with the United States have been agreed between the two sides, and all that is left is signing by the respective presidents, pending scheduling.

1 month ago
Economy premium

Indonesia’s economy: Closing 2025 on a firmer footing

Strong household consumption, fiscal acceleration and transmission from government capital spending to investment may be sufficient to grow economic growth faster in Q4 2025.

1 month ago
Economy premium

Indonesia’s car exports hit record high as domestic sales decline

The Association of Indonesian Automotive Manufacturers (Gaikindo) recorded exports of 518,000 completely built-up (CBU) vehicles in 2025, marking an “all-time high”.  

1 month ago
Economy

Institutional leadership and equitable financing vital for Indonesia’s energy transition

Despite strong international commitments and ambitious national targets, Indonesia’s energy transition remains a work in progress. The challenge lies not in vision, but in translating ambition into coherent institutional leadership and equitable financing mechanisms as the country gradually shifts away from its fossil fuel–dominated energy mix.

1 month ago
Economy

Trump says India, US strike trade deal

Trump said he was cutting levies on Indian goods to 18 percent. He had previously imposed 25 percent "reciprocal" tariffs on many products, plus an additional 25 percent for New Delhi's purchases of Moscow's oil.

1 month ago
Economy

Prabowo policies, 'stock frying,' weigh down Indonesia in emerging market race

Investors have been avoiding Indonesia and worry Prabowo's spending and cozy governance are slowly undoing hard-won progress made since the Asian Financial Crisis, when the rupiah collapsed and Prabowo's former father-in-law, Soeharto, was forced from office.

1 month ago
Economy premium

Indonesia posts $41 billion trade surplus in 2025

Indonesia posted a 68th consecutive monthly trade surplus in December, thanks to rising exports and despite a global shift toward economic and strategic protectionism.

1 month ago
Economy

Indonesia's January inflation highest in almost three years

Indonesia in January reported its quickest pace of inflation in nearly three years, its statistics bureau said on Monday, as it also released surprisingly strong export and import growth in December.

1 month ago
Economy premium

PPATK uncovers staggering Rp 992t flowing from illegal gold mining

Unlicensed gold mining operations are fueled by a financial network of colossal scale, with suspected funds circulating within the business field estimated at Rp 992 trillion (US$59.09 billion), according to the Financial Transaction Reports and Analysis Center (PPATK).

1 month ago
Economy

Indonesia imports 1,300 cows from Australia in ambitious dairy plan

The centerpiece of a free meals program covering 83 million children and expectant mothers, the plan calls for imports of a million dairy cows over five years to boost numbers from 220,000 now.

1 month ago
Economy

Asia's factory activity expands on solid global demand

Brightening prospects for global demand have helped factory activity expand across Asia. Taiwan's PMI rose to 51.7 in January from 50.9 in December, while that of Indonesia rose to 52.6 from 51.2.

1 month ago

Today's ePost

Sat, March 7, 2026

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