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Jakarta Post
Economy premium

Govt revises 2026 state budget, increases regional spending

Following deadly protests and unrest that shook the country last month, the government has decided to increase total spending to Rp 3.84 quadrillion (US$232.4 billion), including an increase in regional spending to Rp 693 trillion.

2 hours ago
Economy premium

Govt declares local shrimp safe after joint agency tests

Authorities have yet to trace the root cause of the radioactive contamination that prompted FDA action against Indonesian shrimp last month. ...

17 hours ago
Economy

Nestlé Indonesia promotes spirit of independence through community empowerment

Celebrating Indonesia’s 80th Independence Day, Nestlé Indonesia partnered with Millennials Empowerment and the community of Buntu village, Central Java, to launch the #BersamaNestlé: Tanamkan Kebaikan, Ciptakan Manfaat (#TogetherWithNestlé: through goodwill, for impact) program in Dieng, Central Java. ...

18 hours ago

The Latest

Economy premium

Association expects textile investments to shrink next year

While API expects the global economic slowdown to continue next year to weaken export demand for locally made textiles, Kadin's Sarman expressed optimism about investor confidence and the government's proven record in surpassing its investment targets.

1 year ago
Economy premium

RI halal industry lags despite having world's largest Muslim population

The halal sector featured prominently last Friday in the live-streamed vice presidential debate on economic affairs.

1 year ago
Economy premium

Yearender: A sobering year for the energy transition

The country's energy transition began with high hopes, but the course of the year has revealed some serious challenges to achieving its emissions reduction targets, including electricity generation costs and lack of funding, especially the makeup of the long fabled JETP.

1 year ago
Economy premium

Yearender: Strong consumption offsets weakening exports in 2023

World Bank said Indonesia's 5 percent growth shows resilience, despite the global environment and that this progress was a result of rebounding domestic demand.

1 year ago
Economy

Government provides El Nino aid as part of equitable Pancasila economy

El Nino is a phenomenon of higher sea surface temperatures (SST) in the central to eastern Pacific Ocean.

1 year ago
Economy

Nusantara development progress: Coordinating Ministry analyzes Smart City concept

The government's commitment to developing the new capital Nusantara is an effort to shift development orientation to become Indonesia-centric and accelerate the national economic transformation.

1 year ago
Economy

National seminar outlines optimistic economic outlook, resilience amid global situation

Responding to the various challenges faced by the Indonesian economy, Coordinating Economic Minister Airlangga Hartarto remains optimistic about the resilience of the national economy, hoping that all stakeholders can continue to maximize their contributions to increase growth.

1 year ago
Economy

Coordinating Economic Minister Airlangga reveals three engines of national economic growth

Responding to various challenges faced by the Indonesian economy, Coordinating Minister for Economic Affairs  Airlangga Hartarto continues to echo optimism in regard to the strength of the national economy.

1 year ago
Economy

Jokowi expresses optimism for Indonesia’s 2024 economic outlook during national seminar

With strong fundamentals, Indonesia’s economic performance shows optimistic potential and resilience amid various global challenges.

1 year ago
Economy premium

Indonesia discovers ‘huge’ lithium deposit, Minister Luhut claims

Indonesia holds the world’s largest nickel reserves, but it lacks lithium, a material deemed equally important to produce EV batteries.

1 year ago
Economy

Angola leaves OPEC in blow to oil producer group

Angola's Oil Minister Diamantino Azevedo said the Organization of the Petroleum Exporting Countries no longer served the country's interests. It joins other mid-sized producers Ecuador and Qatar that have left OPEC in the last decade.

1 year ago
Economy premium

Elections cloud business outlook, dampening investment

Political uncertainty both within and outside of the country is casting a long shadow over Indonesia’s business and investment climate, employers say.

1 year ago
Election Updates premium

Infrastructure, economic equality may become focal points in the VP debate

There are differences in how each presidential candidate views President Jokowi's aggressive approach to infrastructure development.

1 year ago
Economy premium

SKK Migas eyes output boost after ‘giant’ gas discovery

The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has announced the discovery of additional gas reserves in the South Andaman Sea that it claims could be among the biggest in the world.

1 year ago
Economy

Kemenko Perekonomian remains committed to providing best public service

As a public body, the Coordinating Economic Ministry (Kemenko Perekonomian) continues to be strongly committed to transparency in public information.

1 year ago
Economy

Govt plans to take on Rp 600t debt to cover 2024 budget deficit

The government said further borrowing was necessary to finance essential infrastructure projects and social programs.

1 year ago
Economy

Jokowi promotes new agendas at ASEAN-Japan Partnership Commemorative Summit

Indonesian President Joko “Jokowi” Widodo, along with Japanese Prime Minister Fumio Kishida, led discussions on the "Agenda Partners for Co-creation of Economy and Society of the Future" on Dec. 17th, during the ASEAN-Japan Partnership Commemorative Summit at the Hotel Okura in Tokyo, Japan, celebrating the 50th anniversary of the partnership.

1 year ago
Economy premium

Finance Ministry adjusts property tax cut regulation

The Finance Ministry has introduced some regulatory changes in its property tax reduction cut law.

1 year ago
Economy

Indonesia and Japan agree to implement three priority energy transition projects

President Joko “Jokowi” Widodo and Japanese Prime Minister Fumio Kishida met in the latter’s office in Tokyo on Dec. 16 to discuss three priority projects pertaining to energy transition under the Asia Zero Emission Community (AZEC) framework, namely the construction of a geothermal power plant in Muara Laboh, West Sumatra, a waste-to-energy power plant (PLTSa) in Legok Nangka, West Java and a peatland management for food project in Central Kalimantan.

1 year ago
Economy premium

Spending discrepancy in Jakarta: Land of the rich, home of the poor

Newly released data from Statistics Indonesia (BPS) reveal a deep discrepancy between the haves and the have-nots in Jakarta, given that the townspeople’s spending average sits far above national per-capita expenditure.

1 year ago
Economy

Bilateral Indonesia-Japan meeting promises continuing cooperation in the future

President Joko Widodo attended a bilateral meeting with Prime Minister (PM) of Japan, Fumio Kishida at the PM’s office in Tokyo, Japan, on Saturday (16/12).

1 year ago
Economy premium

Are we going to see I-drama steamroll cinema?

In a film industry marked by the rise of over-the-top (OTT) platforms, Indonesian cinema has leaped into the global spotlight.

1 year ago
Economy premium

Trade surplus shrinks in November as imports rise

Analysts attribute the rebound in imports to a seasonal increase in domestic demand.

1 year ago
Economy premium

ADB provides Rp 37.22 billion of grant for IKN development

The Asian Development Bank (ADB) has provided Rp 37.22 billion (US$2.4 million) of grant as technical assistance for the construction of the new capital city Nusantara.

1 year ago
Economy premium

RI renewable energy investment lowest in years amid transition push

Indonesia is expected to see lowest investment in renewable energy projects in the last six years amid unaddressed structural and financial barriers in the sector.

1 year ago
Economy premium

Ministry starts trial for MLFF toll system in Bali

Selected vehicles are involved in the trial of the contactless toll system (MLFF) which started on Tuesday in Bali, aiming to enhance efficiency and remove congestion at toll gates.

1 year ago
Economy premium

Indonesia needs 6-7% of economic growth to become developed country: Minister

Finance Minister Sri Mulyani says Indonesia needs to ramp up its economic growth to around 6 to 7 percent in order for the country to fulfill its ambition of becoming a high-income, developed country by 2045.

1 year ago
Economy premium

Indonesia receives $100m from Norway to cut deforestation

Indonesia has received a contribution fund of US$100 million from Norway to continue its efforts in reducing deforestation to cut emissions.

1 year ago
Economy

With rate hikes likely done, Fed turns to timing of cuts

Some analysts and investors even interpreted Wednesday's events as the effective start of a Fed easing cycle.

1 year ago
Economy premium

Govt walks tightrope between protectionism, openness

Economists have warned the government against pursuing a policy of protectionism even while many other countries have placed curbs on trade.

1 year ago
Page: 40

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Fri, September 19, 2025

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