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Jakarta Post
Economy premium

Retail sales, consumer confidence up as year-end holidays near

While preliminary BI data indicates consumers' growing confidence in the economy, an economist has pointed out a decline in the ratio of consumption to income suggested cautious optimism.

2 hours ago
Economy premium

Housing finance program hits only 63% of target in November

Prabowo’s 3 million housing program was recently removed from the list of National Strategic Projects (PSN), raising concerns over the continuity of state-backed support. ...

8 hours ago
Economy

Consumer spending: Reviving the rhythm

By early November, average weekly spending growth in the fourth quarter reached 1.9 percent week-on-week, a marked improvement from 0.8 percent in September and almost flat readings during July and August. ...

10 hours ago

The Latest

Economy

Chinese Premier Li targets clean energy in Australia visit

Premier Li Qiang toured a Chinese-controlled lithium refiner in Perth on Tuesday, a sign of his country's vast appetite for Australian "critical minerals" required for clean energy technologies.

1 year ago
Economy

China's factory output disappoints, property sector stuck in doldrums

China's May industrial output lagged expectations and a slowdown in the property sector showed no signs of easing despite policy support, adding pressure on Beijing to shore up growth.

1 year ago
Economy

Chinese Premier Li toasts warming trade ties in Australia

Chinese Premier Li Qiang mixed a dash of "panda diplomacy" with a visit to a historic vineyard on Sunday to celebrate a thaw in once-icy trade ties with Australia.

1 year ago
Economy

Prabowo adviser denies plans to raise Indonesia's debt to 50 percent of GDP

President-elect Prabowo Subianto has no plans to boost the country's public debt to 50 percent of gross domestic product (GDP), a senior aide said on Saturday, denying a report that had hit the rupiah and bond markets.

1 year ago
Economy premium

Indonesia may become LNG importer, association says

Indonesia faces the risk of becoming a net natural gas importer despite its rich gas reserves and position as a net LNG exporter and one of the top exporters in the world.

1 year ago
Economy premium

Govt to test truck-rail logistic system in Sulawesi this year

The planned transportation system would allow trucks to board a train to connect the port and industrial areas in South Sulawesi.

1 year ago
Economy

Revised rules on rush handling: More goods categories and an easier process

To enhance the efficiency and effectiveness of the release of imported goods by rush handling and overcome several hurdles in previous rules, the government has harmonized the regulations as part of a commitment to providing legal certainty.

1 year ago
Economy premium

Finance Ministry secretary-general proposes Rp 33.18t ceiling for 2025

The Finance Ministry secretary-general has proposed a Rp 33.18 trillion budget ceiling for 2025, including Rp 3.9 trillion for the LPDP.

1 year ago
Economy premium

Climate change hurts hydropower production, PLN says

PLN's hydropower in South Sulawesi lost about 75 percent of its electricity generation capacity last year due to the extended dry season.

1 year ago
Economy

China and New Zealand deepen trade ties

New Zealand Prime Minister Christopher Luxon is seeking to balance rights and security concerns with the lucrative trade opportunities offered by Beijing, the country's largest export partner. 

1 year ago
Economy premium

Govt readies 1,000 ha of land to build Penajam Eco-City project near Nusantara

The Land Bank Authority hopes investors will take an interest in the eco-city project, which is set to become commercial hub supporting the new capital city project.

1 year ago
Economy premium

Ministry pitches Bandung, Nusantara urban railway to Chinese investors

The Bandung urban railway would connect Indonesia’s first high-speed rail link Whoosh with metropolitan economic hubs in the West Java capital.

1 year ago
Economy

Airlangga meets Medvedev, agrees to strengthen bilateral ties

On June 11, the second day of his working visit, Coordinating Minister for Economic Affairs Airlangga Hartarto attended a special meeting with Dmitry Medvedev, Deputy Chairman of the Security Council of Russia and Chairman of the United Russia party, who also served as Russia’s president (2008-2012) and prime minister (2012-2020).

1 year ago
Economy

Minister Airlangga receives Russian award, meets key leaders

During his working visit to Russia from June 10 to 12, in addition to being presented with an international cooperation award from the Russian government, Coordinating Minister for Economic Affairs Airlangga Hartarto held a series of special meetings on Tuesday with Dmitry Medvedev, a former president and former prime minister of Russia, as well as First Deputy Prime Minister Denis Manturov and Economic Development Minister Maxim Reshetnikov.

1 year ago
Economy

Airlangga visits Russia to promote economic cooperation, boost exports

In line with the government’s various efforts to enhance economic cooperation with several countries and to promote its exports to maintain the trade surplus, Coordinating Minister for Economic Affairs Airlangga Hartarto held various bilateral meetings in Moscow during a working visit from June 10-12.

1 year ago
Economy premium

Booming used car market buoys auto loan business

In the first four months of this year, used car financing was the fastest-growing segment in auto loans, ahead of financing for new motorcycles, new cars and commercial vehicles.

1 year ago
Economy

Malaysia's palm oil stocks hit 3-month high in May despite export boost

Malaysia's palm oil stocks rose 0.5 percent from the previous month to 1.75 million metric tons, the highest since February, the Malaysian Palm Oil Board (MPOB) said.

1 year ago
Economy

EU set to disclose tariff rates for Chinese electric vehicles

The European Commission is this week expected to disclose the tariffs it plans to impose on Chinese electric vehicles due to what it says are excessive subsidies, a move likely to prompt stern words and possible retaliation from Beijing.

1 year ago
Economy

HSBC TradePay and Omni Collect help businesses overcome expansion challenge

As an international bank with broad and deep global networks, HSBC always strives to provide innovative solutions to any challenge that may be hindering companies and their customers progress toward achieving business success in this fast-paced, technology-driven world.

1 year ago
Economy

US Fed likely to remain on pause, pare back rate cut expectations

The US Federal Reserve is likely to keep interest rates unchanged this week, but could pare back the number of cuts it has penciled in for this year, as policymakers digest a mixed bag of economic data. 

1 year ago
Economy premium

Skills mismatch, tech disconnect: Why 10 million Gen-Z Indonesians sit around

A lack of opportunities for Generation Z Indonesians, or those born in the late 90s and first decade of this century, may result in income loss and higher crime rates, experts warn.

1 year ago
Economy premium

Indonesia seeks IPEF support for clean energy investment

The Indo-Pacific Economic Framework for Prosperity has been seen as a forum to counterbalance the Regional Comprehensive Economic Partnership and the most significant US economic engagement in Asia and the Pacific region after its withdrawal from the Trans-Pacific Partnership.

1 year ago
Economy

Minister Airlangga meets three top Singaporean leaders in one day on economic cooperation

After the 2024 IPEF Ministerial Meeting and IPEF Clean Economy Investor Forum concluded on Thursday, Coordinating Economic Minister Airlangga Hartarto swiftly utilized the momentum to conduct a series of meetings to promote economic cooperation.

1 year ago
Economy

Indonesia, Singapore fortify economic ties at 16th 6WG MM

Indonesia’s potential to become a major player among the world’s biggest economies has become apparent in recent years, with the government also implementing various incentives to encourage foreign direct investment for economic growth and prosperity.

1 year ago
Economy

China's exports rise solidly, but slower imports temper outlook

China's exports grew more quickly and for a second month in May, suggesting factory owners are managing to find buyers overseas and providing some relief to the economy as it battles to mount a durable recovery.

1 year ago
Economy premium

Early phase of Bali LRT project to cost $876m, ministry says

According to the Transportation ministry, Phase 1A of the Bali-led project involves building a 6.04-kilometer track and five stations along a route connecting Denpasar International Airport and Kuta's famous Jl. Sunset Road.

1 year ago
Economy

KKR, GIP lead $25 billion regional infrastructure tie-up, US says

Investment opportunities numbering 69 "sustainable infrastructure" projects were identified at an IPEF Investor Forum, Singapore's trade ministry, which organized the forum

1 year ago
Economy premium

BRICS hopes to see Jakarta join, RI ambassadors say

Southeast Asia's largest economy could give the group of major emerging economies a stronger voice on the global stage.

1 year ago
Economy premium

Massive blackout leaves hundreds of koi dead in Sumatra

Ornamental fish breeders expect electricity company PLN to make up for the damage caused to their business.

1 year ago
Economy premium

Bappenas proposes subsidy cut to keep budget in balance in 2025

National Development Planning Minister Suharso Monoarfa sees a possibility that subsidy allocations in the 2025 state budget may be cut under president-elect Prabowo Subianto to reduce government spending.

1 year ago
Page: 35

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Tue, November 11, 2025

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