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Jakarta Post
Economy

Norway will drill in Arctic regardless of EU's position, says energy minister

Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as Europe's "green battery", Energy Minister Terje Aasland told Reuters.

9 hours ago
Economy

US vows 'economic D-Day' as Iran threatens to halt all oil exports

Without detailing specific measures, US Treasury Secretary Scott Bessent signaled Washington would target "fearful nations" that practice "appeasement" by engaging with Iran's economy and financial system. ...

17 hours ago
Economy premium

US-China trade war gives Indonesia shot at boosting investment

Combined investment from mainland China and Hong Kong reached US$11.5 billion in H1 2026, nearly three times the $4.1 billion recorded a year earlier. ...

1 day ago

The Latest

Economy premium

Hyrox craze spurs fitness boom as old-school gyms struggle

Industry players have stated that people are moving away from traditional gyms in search of professional coaching, structured programming and a sense of community.

1 year ago
Economy

Indonesia still negotiating details, exemptions on US tariff deal, official says

Indonesia has asked the United States to exempt its exports of cocoa, rubber, crude palm oil, coffee and nickel from the levy.

1 year ago
Economy premium

Lower US tariff to boost economy 0.5 percent, Luhut says

Citing the results of a macroeconomic analysis on Indonesia's reduced tariff rate of 19 percent, the DEN chief says Jakarta's new trade deal with Washington will help boost employment, welfare and labor-intensive industries to encourage more foreign investment and boost the overall economy.

1 year ago
Economy

Japan rice prices double, raising pressure on PM

PM Shigeru Ishiba is under additional pressure to reach a trade deal with the United States before new tariffs of 25 percent take effect on August 1.

1 year ago
Economy premium

BI urges banks to boost lending amid slowing growth

The central bank is urging banks to boost lending to spur the economy amid a downward trend in credit growth to May, including NPLs and LARs.

1 year ago
Economy

EU mega budget hits immediate German opposition

Germany said it was "unable to accept" the $2.3-trillion budget for 2028-2034, which EU chief Ursula von der Leyen  called "the most ambitious ever proposed".

1 year ago
Economy premium

Domestic concerns loom as businesses cheer on US-RI deal

Some economists have flagged potential risks, particularly for foreign investors and manufacturers operating in the country, with the influx of duty-free products from the US.

1 year ago
Economy premium

BI cuts benchmark rate by 25 bps as stars align

The central bank views the deal Jakarta made with Washington as bringing “a positive result” overall, be it in terms of economic growth, trade balance or its impact to the financial market.

1 year ago
Economy premium

BPS delays releasing poverty data ‘to ensure accuracy’

The BPS has delayed the release of its poverty rate data for March 2025 “to ensure the accuracy and the quality of the data”, but the third such delay in government data this year could unsettle the market, experts have warned.

1 year ago
Economy premium

Govt eyes social media to boost tax revenue

The Finance Ministry projects state revenue will fall short of the target set in the 2025 state budget, citing weak tax receipts, declining commodity prices and recent policy changes.

1 year ago
Economy

Indonesian shoemakers fear Trump tariffs despite lower levy

Indonesia is the third-largest footwear exporter to the US behind China and Vietnam, according to the Observatory of Economic Complexity.

1 year ago
Economy

Indonesia says US trade deal reached after 'extraordinary struggle'

Trump outlined an Indonesia deal similar to a preliminary pact struck recently with Vietnam, with a flat tariff on exports to the US roughly double the current 10 percent and no levies on US exports to Indonesia.

1 year ago
Economy

Bond market outlook: Stability through volatile times

High yields, stable macro conditions, pro-market policy support and solid institutional demand keep the domestic bond market relevant.

1 year ago
Economy premium

Gold boom, policy missteps fuel rise in deadly illegal mines

Indonesia faces a major dilemma between regulating illegal mining to protect the environment and safeguarding the livelihoods of people who depend on this activity.

1 year ago
Economy

Trump says Indonesia to face 19 percent tariff under trade deal

Goods that have been transshipped to avoid higher duties will face steeper levies.

1 year ago
Economy premium

Lower US tariffs clincher for $15.5b energy import deal, minister says

Indonesia's negotiation team has proposed a US$15.5 billion oil and gas import deal as part of ongoing tariff talks in Washington, though whether this comes to pass is dependent on Washington lowering the country's current tariff rate of 32 percent.

1 year ago
Economy

China's Q2 GDP growth tops forecast even as US tariff risks mount

Industrial output grew 6.8 percent year-on-year in June, beating forecasts, but retail sales growth slowed.

1 year ago
Economy premium

US tariff pressure melts frozen RI-EU trade talks

Both sides looking for more reliable partners to offset ‘unpredictable’ US policy.

1 year ago
Economy

China exports soared in June, beating forecasts

Data from the General Administration of Customs said exports rose 5.8 percent year-on-year, topping the five percent forecast in a Bloomberg survey of economists. 

1 year ago
Economy premium

MRT Jakarta to launch tender for $3b east-west line in Q4

The tender will prioritize Japanese firms, as the project is being financed by the Japan International Cooperation Agency (JICA) with cofinancing from the Asian Development Bank (ADB).

1 year ago
Economy

Trump says Mexico, EU to face 30% tariff from Aug. 1

President Donald Trump on Saturday targeted Mexico and the European Union with steep 30 percent tariffs, dramatically raising the stakes in already tense negotiations with two of the largest US trading partners.

1 year ago
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 year 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 year 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 year ago
Economy premium

US likely to impose uniform tariff on Indonesia, peers: CSIS

The Centre for Strategic and International Studies (CSIS) Indonesia believes United States President Donald Trump is likely to ultimately impose a uniform tariff rate on Indonesia and other countries in the region.

1 year ago
Economy premium

Car sales tumble in first half of 2025 as consumers rein in spending

Recovery continued to elude the four-wheel vehicle market in the January-June period amid ongoing weak consumer demand, with local multi-finance companies, which typically rely on car loans, posted modest year-on-year growth of 2.8 percent in May.

1 year ago
Economy

Lula to push for Mercosur-Indonesia trade deal

Lula made the remarks during talks with President Prabowo Subianto.

1 year ago
Economy premium

RI presses on to negotiate with US as tariff deadline looms

Trump said he would “consider an adjustment” if Indonesia eliminates its tariff and nontariff barriers.

1 year ago
Economy premium

Retail sales, consumer confidence tick up during school holiday

Retail sales and consumer confidence saw slight improvements in June according to preliminary RSI data, which attributed the uptick to "seasonal factors” including Idul Adha and the school holiday.

1 year ago
Economy premium

Bad loans creep up in May amid sluggish bank loan growth

In May, BI revised down its projection for loan growth this year, from 11–13 percent to 8–11 percent.

1 year ago
Page: 30

Today's ePost

Mon, August 24, 2026

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