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Jakarta Post
Economy premium

Indonesian manufacturing slows down as demand fizzles further

Contraction comes from entrenched domestic orders, scaled back hiring of local firms.

56 minutes ago
Economy premium

June inflation ticks up as food prices climb

On an annual basis, headline inflation climbed to 1.87 percent, up from 1.6 percent in May. ...

13 hours ago
Economy premium

Indonesia posts $4.3b surplus in May on strong exports of CPO, steel

Despite ongoing trade talks in view of Trump's looming tariffs, the United States still contributed the most to Indonesia’s surplus in the January-May period this year, even jumping 31 percent to $7.08 billion compared to last year's figure. ...

15 hours ago

The Latest

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
Economy premium

Sri Mulyani inaugurates new tax, custom office chiefs

The appointment occurred as the government saw state revenue collection decline by 12 percent year-on-year (yoy) to Rp 810.5 trillion (US$49.62 billion) in first four months of this year from Rp 924.92 trillion in same period last year.

1 month ago
Economy premium

Pertamina denies claims of Russian crude transshipment

Kilang Pertamina Internasional (KPI), the refinery and petrochemical arm of state-owned oil and gas company Pertamina, has denied reports that Russian oil products are being transshipped at Indonesia’s Karimun terminal in the Riau Islands.

1 month ago
Economy

US states mount court challenge to Trump's tariffs

Twelve US states will ask a federal court on Wednesday to halt President Donald Trump's "Liberation Day" tariffs, arguing that he overstepped his authority by declaring a national emergency to impose across-the-board taxes on imports from nations that sell more to the US than they buy.

1 month ago
Economy premium

Govt sticks to ‘unrealistic’ 8% GDP growth target

The government has reaffirmed its aim to reach 8 percent gross domestic product (GDP) growth by the end of President Prabowo Subianto’s term in office, a target economists view with skepticism.

1 month ago
Economy premium

Hundreds of on-demand drivers demand higher pay at Jakarta protest

Gig drivers gathered on Tuesday and threatened a 24-hour strike to demand a "fairer" commission scheme and stronger enforcement against noncompliant on-demand companies.

1 month ago
Economy

China's central bank cuts two key rates to historic lows

China's central bank on Tuesday cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid seesaw trade tensions with the United States.

1 month ago
Economy premium

Economists project RI economy to grow below 5% this year

Bank Mandiri projects that Indonesia’s gross domestic product growth will grow to 4.93 percent year-on-year (yoy) this year, while Bank Permata forecasts 4.78 percent. Both mark a slower pace from 5.02 percent last year.

1 month ago
Economy

China factory output beats forecasts, weathering tariffs

Factory output in China grew at a faster rate than expected last month, official data showed Monday, weathering a brutal trade war with Washington.

1 month ago
Economy premium

Govt cool on business calls for consumer spending stimulus

Industry leaders have urged authorities to boost consumer spending aggressively in response to what they describe as a demand-side crisis reminiscent of the COVID-19 era, but officials say current policies are sufficient to maintain economic activity in the country.

1 month ago
Economy

US loses last triple-A credit rating as Moody's cuts over govt debt

The United States lost its last triple-A credit rating from a major agency Friday as Moody's announced a downgrade, citing rising levels of government debt and dealing a blow to Donald Trump's narrative of economic strength and prosperity.

1 month ago
Economy premium

Businesses struggle to retain talent as pressure mounts to ditch arbitrary methods

Fostering a positive work environment, offering clear career paths and investing in training programs are crucial to boosting employee engagement and long-term retention, experts say.

1 month ago
Economy premium

Indonesia presses for WTO reform at APEC meeting

During the two-day 2025 APEC trade ministers' meeting, Indonesia called for the reinstatement of the paralyzed WTO Appellate Body and for APEC members to defend the multilateral trading system amid growing protectionism.

1 month ago
Economy premium

Govt abruptly pushes back trade data release

The government has postponed the release of monthly trade for April, which should have revealed the impact of new US import tariffs on Indonesian exports, mere hours before it was supposed to be published.

1 month ago
Economy

APEC warns of tariff impact on trade as China, US trade reps meet

The Asia-Pacific Economic Cooperation (APEC) grouping warned on Thursday that exports in the region will barely grow this year amid the onset of United States tariffs, as the US and Chinese trade representatives met on the sidelines of the gathering.

1 month ago
Economy premium

US-China tariff de-escalation chance to strengthen RI bargaining position

The government views the ceasefire in the trade war between the world’s two largest economies as an opportunity to demand open and fair trade in its own negotiations with a highly protectionist US administration.

1 month ago
Economy

SMILE transforms the palm oil industry, one farmer at a time

“This new office is more than just a building. It represents years of hard work under the SMILE program. It will serve as a hub for cooperative activities, a place where we gather, learn and continue to grow together.”

1 month ago
Economy

US, China agree to slash tariffs as Trump says will speak to Xi

The United States and China announced Monday an agreement to drastically reduce tit-for-tat tariffs for 90 days, an outcome President Donald Trump dubbed a "total reset" as he said talks with counterpart Xi Jinping could soon follow.

1 month ago
Economy premium

Multifinance firms stuck in slow lane as car sales stall

Multifinance companies have recorded continuing decline in yoy growth over the first three months to 4.6 percent in March, primarily due to sluggish first-quarter car sales of just 256,368 units, down 2.9 percent compared to the same period last year.

1 month ago
Economy

US, China hail 'substantial progress' after trade talks in Geneva

The United States and China on Sunday said progress had been made after a weekend of talks aimed at de-escalating trade tensions sparked by President Donald Trump's aggressive tariff rollout.

1 month ago
Economy

Wary investors hope US-China talks cool high-stakes trade war

Investors are hopeful that US-China trade talks this weekend will cool a trade war between the world's two largest economies and dispel some of the uncertainty clouding financial markets, though few expect a major breakthrough just yet.

1 month ago

Today's ePost

Wed, July 2, 2025

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