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Jakarta Post
Economy

End to US government shutdown in sight as stopgap bill advances to House

The longest-ever US government shutdown moved forward Monday toward an eventual resolution, after several Democratic senators broke ranks to join Republicans in a 60-40 vote passing a compromise deal -- sparking intra-party backlash.

2 hours ago
Economy

Trump says US faces 'economic disaster' if Supreme Court rules against tariffs

US President Donald Trump said the United States faced an economic and national security disaster if the Supreme Court ruled against his use of an emergency powers law to impose sweeping tariffs against nearly every country. ...

4 hours ago
Economy

US Senate advances bill to end federal shutdown

The US Senate on Sunday moved forward on a measure aimed at reopening the federal government and ending a 40-day shutdown that has sidelined federal workers, delayed food aid and snarled air travel. ...

1 day ago

The Latest

Economy premium

Inflation eases further for fourth consecutive month

Year-on-year (yoy) inflation fell for a fifth consecutive month in August, as the consumer price index (CPI) contracted on a month-to-month (mtm) basis for a fourth month in a row.

1 year ago
Economy premium

Indonesia-Africa Forum: RI hopes for deals on energy, health

The government expects agreements to be signed between PLN and Tanzania’s Tanesco as well as between Biofarma and Ghana-based Atlantic Lifesciences, among others.

1 year ago
Economy

China's economic malaise seen accelerating obesity rates

China is facing a twin challenge that feeds its weight problem: In a modernizing economy underpinned by technological innovation, more jobs have become static or desk-bound, while a prolonged slowdown in growth is forcing people to adopt cheaper, unhealthy diets.

1 year ago
Economy

African leaders in Beijing eyeing big loans and investment

African leaders descend on China's capital this week, seeking funds for big-ticket infrastructure projects as they eye mounting great power competition over resources and influence on the continent.

1 year ago
Economy

Chinese manufacturing contracts for fourth straight month

Chinese manufacturing contracted for a fourth consecutive month in August, official data showed Saturday, a worse-than-expected result reflecting the world's second-largest economy's struggle to recover.

1 year ago
Economy

OPEC+ likely to proceed with planned output hike from October, sources say

Eight OPEC+ members are scheduled to boost output by 180,000 barrels per day in October, as part of a plan to begin unwinding their most recent layer of output cuts of 2.2 million bpd while keeping other cuts in place until end-2025.

1 year ago
Economy premium

Investors look beyond protests, take comfort in RI fundamentals

Indonesia has been through some turbulent weeks that could have swung investor sentiment either way, but market actors appeared largely nonchalant in a reflection of their confidence in the country’s political stability and solid economic fundamentals.

1 year ago
Economy premium

Prabowo govt to build toll road connecting South, North Bali: Luhut

The government will also push for the adoption of electric vehicles (EVs) and light rail transit (LRT) on the island.

1 year ago
Economy premium

Next finance chief should have political background: Ex-Prabowo's campaign aide

A former campaign aide has said that the president-elect is seeking an individual with both financial and policymaking acumen to take the helm of the Finance Ministry under his administration, though "it's still too soon” to name any names ahead of the transfer of power in October.

1 year ago
Economy premium

Growing paper, plastic scrap imports aggravate waste problem

Indonesia’s growing paper and plastic scrap imports may aggravate the country’s waste problems, experts say, calling on the government to develop recycling industries as well as waste management infrastructure.

1 year ago
Economy premium

Minister seeks extra Rp 20T for Nusantara development next year

With the new spending for Nusantara next year, the government would spend over Rp 96 trillion in total to develop the city until 2025, exceeding its planned state budget allocation limit for the project.

1 year ago
Economy

China's solar sector blazes trail in commitment to renewables

China, the world's biggest emitter of greenhouse gases, is building almost twice as much wind and solar capacity as every other country combined.

1 year ago
Economy

Thousands of Indian port workers to go on strike, could delay shipments

Nearly 20,000 workers across major Indian ports are likely to go on a strike from Wednesday to demand immediate settlement of pay revisions and pension benefits, union workers said on Tuesday.

1 year ago
Economy premium

EU embargo on Indonesian palm oil a blessing in disguise, Prabowo says

The president-elect reportedly conveyed that message during his meeting with Emmanuel Macron in July, catching the French president by surprise.

1 year ago
Economy premium

Long road ahead for Indonesia’s jet fuel industry

The government is inviting private oil and gas companies to produce aviation turbine fuel (avtur) as it seeks to bring down airfares, but experts say Indonesia lacks a competitive advantage in the industry, making it unattractive for investment.

1 year ago
Economy premium

Govt eyes 500,000 hectares for new rice fields to feed Nusantara

Food supplies to the Nusantara Capital City (IKN) will still rely on shipments from outside of Kalimantan, especially from Java and Sulawesi.

1 year ago
Economy premium

Businesses fret over political instability amid Election Law uproar

The decision could set a precedent for other government institutions, signaling that ‘existing rules can be bent’, including laws and regulations related to businesses.

1 year ago
Economy

US Fed chair expected to signal support for rate cuts

US Federal Reserve chair Jerome Powell is widely expected to use a keynote speech at a major central banking conference on Friday to signal support for cutting interest rates ahead of next month's rate decision.

1 year ago
Economy premium

Sri Mulyani signals Prabowo nephew to remain in Finance Ministry after transition

“Please look after my deputy minister Pak, he’s the one who will carry on,” Sri Mulyani told lawmakers on Wednesday. 

1 year ago
Economy premium

BI keeps rate unchanged, sees cut only in Q4 despite strengthening rupiah

Bank Indonesia’s benchmark rate remains at 6.25 percent for now, and the central bank expects room for a reduction to open up only in the fourth quarter, despite recent signals pointing to sooner interest rate cuts by the United States Federal Reserve.

1 year ago
Economy

Australia approves $13.5 billion project to export solar power to Singapore

Environment Minister Tanya Plibersek said SunCable's flagship Australia-Asia power link project would help meet growing demand for renewable energy at home and abroad.

1 year ago
Economy premium

Minister proposes Rp 26T for Nusantara infrastructure maintenance

All the infrastructures in the future capital city would be handed over to IKN Authority. Thus, budgets related to maintenance would be part of the agency’s annual allowance.

1 year ago
Economy

Australia green lights world's 'largest' solar hub

The project, which will include an array of panels, batteries and, eventually, a cable linking Australia with Singapore, is backed by tech billionaire and green activist Mike Cannon-Brookes.

1 year ago
Economy premium

New minister vows to attract more investment to Nusantara

Investment Minister seat comes with leadership of the Investment Acceleration Task Force for Nusantara.

1 year ago
Economy premium

Govt mulls turning confiscated illegally imported goods into industrial fuel

Task force has confiscated billions of rupiah worth of illegally imported goods since its establishment, including thousands of tools such as grinders and drills, electronic gadgets, furniture, textiles, leather goods, footwear and alcoholic beverages, among many others.

1 year ago
Economy premium

F&B industry slashes growth target to 5 percent

A business association now expects sales growth in the sector to slow to 5 percent this year, far below its previous projection of 7-9 percent.

1 year ago
Economy premium

Excessive taxes may stifle economic growth: CSIS

The think tank suggested that an increase in revenue should be achieved by reducing tax incentives, such as those given to smelter operators.

1 year ago
Economy premium

Free meal program to start on Jan. 2 next year

President Joko “Jokowi” Widodo has appointed Dadan Hindayana to head the National Nutrition Agency less than a week after he signed presidential regulation No. 83/2024 on Aug. 15 stipulating the establishment of the agency.

1 year ago
Economy

China and Vietnam sign 14 deals from rail to crocodile trade

Lam's visit to Beijing, his first overseas trip since coming to power, signals a desire between the two communist neighbours to strengthen ties, amid growing trade and investment, despite occasional clashes over boundaries in the South China Sea.

1 year ago
Economy premium

Up to 45 million Indonesians at risk of hunger: Home Ministry

A high-ranking government official estimates that 7 to 16 percent of the country’s population is vulnerable to starvation amid declining domestic rice production.

1 year ago
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Tue, November 11, 2025

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