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Jakarta Post
Economy premium

Illegal mining, inconsistent oversight scare off foreign investors

For foreign direct investment to flow into upstream projects and high-value processing facilities, investors need certainty that their concessions will be protected and that the rule of law will be enforced consistently.

15 hours ago
Economy premium

Wheat for Chinese cars? Russia turns to barter to skirt sanctions

Even as Russia builds warm ties with China and India, the return of barter shows just how far the war in Ukraine has distorted trading relationships for the world's biggest producer of natural resources, three decades after the 1991 collapse of the Soviet Union ushered in Russian economic integration with the West.  ...

22 hours ago
Economy

US Democrats press Trump for a trade deal that curbs China's production

US Democrats have asked the Trump administration to press China to curb "structural overproduction", essentially overhauling Beijing's economic model, as Treasury Secretary Scott Bessent holds talks with Chinese officials in Spain. ...

1 day ago

The Latest

Economy premium

Moderate gains, rising challenges: Navigating the multi-finance industry in 2025

The multi-finance industry is entering a phase of more limited growth this year, with Bank Mandiri projecting receivables expansion will remain relatively flat at around Rp 500 trillion in the remaining months of the year.

3 weeks ago
Economy

Supporting ASEAN Businesses in Navigating Complexity and Driving Growth

Amid ongoing geopolitical turbulence and rising uncertainty in the global economy, the Association of Southeast Asian Nations (ASEAN) continues to demonstrate remarkable resilience and sustained growth.

4 weeks ago
Economy premium

Tax hikes, program cuts could hit regions as Jakarta pulls funds

The share of the state budget controlled by Jakarta is expected to climb from 72 percent in 2021 to 83 percent in 2026, leaving most programs to be designed and implemented by the central government.

4 weeks ago
Economy premium

Investment opportunities in Indonesia’s growing logistics sector

BCG sees modern warehousing, cold chain and third-party logistics as hot bets in Indonesia’s booming logistics sector.

4 weeks ago
Economy

Singapore key exports slip in July as US shipments tumble 43%

Singapore's non-oil domestic exports slipped 4.6 percent in July from a year earlier, government data showed Monday, as shipments to the United States plunged by more than 40 percent.

4 weeks ago
Economy premium

Govt banks on 'ambitious' revenue growth in 2026 budget

President Prabowo Subianto has increased the allocation for his flagship free meals program by nearly threefold from this year’s budget, reaching Rp 335 trillion in 2026.

1 month ago
Economy

China's factory output, retail sales growth slump in blow to economy

Industrial output grew 5.7 percent year-on-year in July, National Bureau of Statistics (NBS) data showed on Friday, the lowest reading since November 2024, and compared with a 6.8 percent rise in June

1 month ago
Economy

Japan posts modest growth despite US tariffs

Japan eked out modest growth in the second quarter despite painful United States tariffs, official data showed Friday, in welcome news to embattled Prime Minister Shigeru Ishiba.

1 month ago
Economy

Chinese investors eyeing Indonesia to avoid US tariffs, tap local market

Despite having a similar tariff to other Southeast Asian countries, Indonesia has an edge of its vast consumer market potential.

1 month ago
Economy premium

Cooperatives to sell drugs at lower cost than retailers

The government plans to make the Red and White Village Cooperatives (KDMP) the main option for people to buy medication by selling some at lower prices than those offered by modern retailers.

1 month ago
Economy premium

Tariff jitters, rising rivals threaten RI's foreign investment charm

Analysts suggested that Indonesia scale up production to attract more manufacturers seeking new destinations, which could spur corporate investment and growth in the country.  

1 month ago
Economy

Trump signs order to extend China tariff truce by 90 days

The White House reiterated its position that there are "large and persistent annual US goods trade deficits" and they "constitute an extraordinary threat to the national security and economy." 

1 month ago
Economy premium

Danantara to pour Rp 1.5t into buying farmers’ sugar

The government has tasked Danantara with financing a range of projects, from overhauling underperforming fish farms along Java’s northern coast to reviving long-stalled waste-to-energy (WtE) projects.

1 month ago
Economy premium

Retail sales spring back in July after a nine-month lull

Excluding the March data, when consumption typically spikes during Idul Fitri, boosting retail sales, annual retail sales index growth has remained weak since October of last year.

1 month ago
Economy

Indonesia, Peru strike trade agreement as leaders meet

They agreed to boost cooperation in fields including defense, narcotics, food security, energy, fisheries and mining, without providing details.

1 month ago
Economy premium

Consumer confidence inches up as Indonesians expect better times ahead

Bank Indonesia's monthly CCI improved slightly in July to indicate a more positive outlook among consumers, indicating that household spending could drive growth in the second half, though at least one economist has advised keeping an eye on the jobs figure and savings ratio for the medium term.

1 month ago
Economy

US Fed official says jobs report confirms 'signs of fragility' in market

Michelle Bowman also made the case that price increases from President Donald Trump's sweeping tariffs this year will likely represent "a one-time effect."

1 month ago
Economy premium

Motorcycle sales skid in H1 due to weak demand, tougher credit

The Indonesia Motorcycle Show, scheduled for September, is expected to serve as a catalyst and lift overall industry sentiment.

1 month ago
Economy premium

Researchers urge BPS to reveal details of GDP calculation

Economists from multiple research organizations have urged Statistics Indonesia (BPS) to reveal the calculation behind the recently released gross domestic product (GDP) data after growth far exceeded projections.

1 month ago
Economy premium

ASEAN cracks under Trump’s ‘divide and conquer’ tariff

Experts have said there is little chance ASEAN could pursue joint arrangements like the EU, despite surface similarities between the two blocs.

1 month ago
Economy premium

Prabowo calls for ‘realism over theory’ amid US tariff threats

Despite earlier hopes that the 19 percent US tariff deal would tip the scales in Indonesia’s favor, it was later revealed that regional peers such as Malaysia, Thailand, the Philippines and Cambodia also received the same rate.

1 month ago
Economy

China's exports top forecasts as shippers rush to meet tariff deadline

China's exports to the US fell 21.67 percent last month from a year earlier, the data showed, while shipments to ASEAN rose 16.59 percent over the same period.

1 month ago
Economy

Higher US tariffs take effect on dozens of economies

Higher US tariffs came into effect for dozens of economies Thursday, drastically raising the stakes in President Donald Trump's wide-ranging efforts to reshape global trade.

1 month ago
Economy premium

RI doubles down on lithium imports to power EV ambitions

Indonesia seeks to import lithium from Australia to fill a key gap in its electric vehicle (EV) battery supply chain, as part of its broader push to become a global EV manufacturing hub.

1 month ago
Economy

Trump targets tariff evasion, with eye on China

As the United States ramps up tariffs on major trading partners globally, President Donald Trump is also disrupting strategies that could be used -- by Chinese companies or others -- to circumvent them.

1 month ago
Economy premium

The impact of Trump’s tariffs: Is globalization ending?

Countries will focus on domestic production and encourage companies to shift overseas production back home, widely known as reshoring.

1 month ago
Economy premium

GDP up 5.12% on govt projects, consumer stimulus

Indonesia’s economic growth has far outstripped forecasts thanks to infrastructure projects getting pushed ahead and state-sponsored consumption incentives.

1 month ago
Economy premium

No clear winner in US tariff policy among ASEAN countries

US import tariffs vary for goods shipped in from different Southeast Asian countries, with the 19 percent duty faced by Indonesian exporters falling between the extremes.

1 month ago
Economy premium

Major auto show GIIAS ends with larger crowds but slower sales

Auto dealers have been grappling with fiercer competition, especially in the electric vehicle segment, where a wave of new models, many from Chinese manufacturers, has entered the market with aggressively low pricing.

1 month ago
Economy premium

RI manufacturers see tough times ahead as higher US tariffs kick in

Indonesian manufacturers are increasingly cautious in their outlook as business confidence has fallen to a record low amid concerns over United States import tariffs. The waning sentiment risks holding back investment.

1 month ago

Today's ePost

Tue, September 16, 2025

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