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Jakarta Post
Economy premium

BGN wants extra Rp 118t to fund free meals program in 2026

The National Nutrition Agency (BGN) has requested an additional Rp 118 trillion (US$7.27 billion) to finance the free nutritious meals (MBG) program through the end of 2026, citing a projected shortfall in the initial budget allocation.

1 day ago
Economy premium

Prabowo presses for Latin America trade pact as US tariff threat rises

In 2023, Indonesia exported US$1.5 billion worth of goods to Mercosur countries, ranging from coconut and crude palm oil to vehicle parts, while imports from the bloc reached $6.2 billion, dominated by oil cake, sugarcane and wheat. ...

1 day ago
Economy

China's economy likely grew 5.2% in Q2 despite trade war, poll shows

China's economy is expected to have expanded more than five percent in the second quarter thanks to strong exports, analysts say, but they warned Donald Trump's trade war could cause a sharp slowdown in the final six months. ...

1 day ago

The Latest

Economy

Higher US metals tariffs kick in as deadline for 'best' offers arrives

The US tariff rate on most imported steel and aluminum doubled on Wednesday as President Donald Trump ratchets up a global trade war on the same day he expects trading partners to deliver their "best offer" in bids to avoid punishing import tax rates on other goods from taking effect in early July.

1 month ago
Economy premium

RI eyes cheaper financing with yuan, Aussie bonds

The Finance Ministry says the issuance will depend on which market offers more favorable conditions in terms of pricing and costs.

1 month ago
Economy premium

Wage subsidies doubled, electricity discount canceled in stimulus shake-up

In last-minute changes to a planned consumer stimulus package for June and July, the government has canceled an electricity discount but doubled wage subsidies.

1 month ago
Economy premium

RI barely holds onto trade surplus in April, exports to US down sharply

Indonesia has recorded its lowest trade surplus since it began a rally five years ago as industries restock goods in anticipation of rising risks from United States import duties.

1 month ago
Economy premium

Inflation slows in May as food prices fall

With inflation sits well within the central bank target, it could open room for further monetary easing to support economy recovery, though it will likely remain cautious amid risks from global uncertainties.

1 month ago
Economy premium

PLN to delay some projects in RUPTL if demand fails to rise as planned

State-owned electricity company PLN has stated it might opt to delay the implementation of some projects stipulated in its new long-term electricity business plan (RUPTL) in the case of an electricity oversupply.

1 month ago
Economy premium

Manufacturing activity inches up despite steep drop in orders

According to the latest S&P Global report, Indonesia’s manufacturing purchasing managers’ index (PMI) remained in contraction territory at 47.4 in May, albeit slightly improved from 46.7 in the previous month.

1 month ago
Economy

US debt market crisis looming, JPMorgan chief warns

"It's a big deal. It is a real problem," Dimon told Maria Bartiromo on FOX Business Network's "Mornings with Maria" show, according to an excerpt of the interview that will air in full Monday.

1 month ago
Economy

China 'firmly rejects' US claim that it violated tariff deal

Beijing and Washington last month agreed to slash staggeringly high tariffs on each other for 90 days after talks between top officials in Geneva.

1 month ago
Economy

EU threatens countermeasures over Trump's steel tariffs hike

The European Commission said on Saturday that Europe was prepared to retaliate against President Donald Trump’s plan to double tariffs on imported steel and aluminum, raising the prospect of an escalating trade fight between two of the world's largest economic powers.

1 month ago
Economy

China manufacturing shrinks in May despite trade war truce

China's manufacturing activity shrank in May for the second month running, official data showed Saturday, despite Beijing reaching a temporary ceasefire in a blistering trade war with the United States.

1 month ago
Economy

Trump says will double steel, aluminum tariffs to 50%

US President Donald Trump said Friday that he would double steel and aluminum import tariffs to 50 percent from next week, the latest salvo in his trade wars aimed at protecting domestic industries.

1 month ago
Economy premium

RI consumers trading down as economic strain persists

Turning to cheaper products is one way for shoppers to deal with reduced spending power, but economists warn that a downtrading trend could further undermine economic growth.

1 month ago
Economy

US April inflation cooled more than expected, despite tariffs

The US Federal Reserve's preferred inflation measure cooled more than expected last month, according to government data published Friday, as President Donald Trump's "liberation day" tariffs on most countries came into effect.

1 month ago
Economy

Trump spurs questions about safety of Germany's gold in New York

The safety of Germany's gold reserves held overseas and in New York in particular, until recently mainly a talking point for the country's far-right party and gold bugs, is becoming a matter of public debate with Donald Trump back in the White House.

1 month ago
Economy

Trump tariffs to remain in effect after appeals court grants stay

A federal appeals court temporarily reinstated the most sweeping of President Donald Trump's tariffs on Thursday, a day after a US trade court ruled that Trump had exceeded his authority in imposing the duties and ordered an immediate block on them.

1 month ago
Economy premium

Dalio’s reported exit sparks questions over Danantara’s game plan

The government has pushed back against reports that Bridgewater Associates founder Ray Dalio has backed out of an advisory role at Indonesia’s state asset fund Danantara and said it remained in contact with the United States hedge fund titan’s team.

1 month ago
Economy

US trade court blocks tariffs in major setback for Trump

A US federal court on Wednesday blocked most of Donald Trump's sweeping import tariffs from going into effect, ruling that the president had overstepped his authority with the across-the-board global levies.

1 month ago
Economy premium

Luhut suggests incense downstreaming to boost exports, local economies

Luhut highlighted the natural incense from North Sumatra, which is considered among the best in the world, exported to multiple countries in Asia and Europe.   

1 month ago
Economy premium

ASEAN seeks to approach US tariff talks as one and expand China ties

The 10 ASEAN member states pledge to stay united but flexible as the regional bloc looks for new partners and ways to tackle trade headwinds caused by the United States’ threat of sweeping import tariffs.  

1 month ago
Economy

Developing nations face 'tidal wave' of China debt: report

China's Belt and Road Initiative lending spree of the 2010s has paid for shipping ports, railways, roads and more from the deserts of Africa to the tropical South Pacific. 

1 month ago
Economy premium

RI nickel industry struggles to ditch coal amid global green demands

Transitioning from coal to other energy sources remains a major hurdle for Indonesia’s nickel industry, which is under growing global pressure to clean up its operations, says nickel association.

1 month ago
Economy

Japan loses status as world's top creditor

Japan's net external assets as of the end of last year stood at 533.05 trillion yen ($3.7 trillion), up 12.9 percent from a year earlier, according to data released by the finance ministry.

1 month ago
Economy premium

Jakarta hotels cut staff to stay afloat amid govt spending cuts

Most hotels in Jakarta have reported declining occupancy rates since the government cut spending on official trips and conferences, while operating costs keep climbing, forcing some to reduce headcount to scrape by.

1 month ago
Economy premium

Govt banks on consumer stimulus to reach 5% growth

The government has announced a new stimulus package to support consumer spending in the second quarter and lift GDP growth to 5 percent after a disappointing first quarter.

1 month ago
Economy premium

RI, China sign deals on industry, trade, local currency payments

President Prabowo Subianto praised several major joint projects between Indonesia and China while urging Chinese companies to deepen their involvement in Indonesia’s economy, creating jobs and transferring technology.

1 month ago
Economy

Trump says US wants to make tanks, not T-shirts

US President Donald Trump said on Sunday his tariff policy was aimed at promoting the domestic manufacturing of tanks and technology products, not sneakers and T-shirts.

1 month ago
Economy

German minister urges 'serious talks' with US on tariffs

German Finance Minister Lars Klingbeil on Sunday urged "serious negotiations" with the United States after President Donald Trump threatened to bring in 50-percent tariffs on imports from the European Union.

1 month ago
Economy

Govt to launch economic stimulus to boost consumption

The government plans to announce economic stimulus measures on June 5 to revive activity and boost consumer purchasing power, hoping to push economic growth to around 5 percent this quarter, the Office of the Coordinating Economic Minister said on Saturday.

1 month ago
Economy premium

Local films outshine foreign ones in home market

Major cinema chains tend to prioritize well-performing titles, often at the expense of smaller, independent productions that struggle to attract viewers.

1 month ago

Today's ePost

Sat, July 12, 2025

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