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Jakarta Post
Economy premium

Whoosh takeover set for September, Purbaya says

After incurring a loss of nearly $290 million in the first six months of 2026, the government is finally stepping up to take over the operation and maintenance of the Jakarta-Bandung HSR, according to the finance minister.

1 hour ago
Economy

US vows 'economic asphyxiation' of Iran with new sanctions

The announcement comes almost six months into a war on Iran that has ground to a stalemate, with stalled peace talks and Tehran blocking most traffic through the crucial Strait of Hormuz. ...

4 hours ago
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. ...

19 hours ago

The Latest

Economy premium

Room for interest rate cuts seen to narrow in 2025 thanks to Trump

Bank Indonesia (BI) Governor Perry Warjiyo has signaled that the central bank will have less room for continued monetary policy easing next year as pressure mounts on the rupiah as a result of the more inward-looking policy expected from the administration of US president-elect Donald Trump.

1 year ago
Economy premium

Prabowo wants Indonesia to be ‘free of all food imports’

President Prabowo Subianto has stated that Indonesia must not only pursue self-sufficiency in rice, he also wants the same for every other foodstuff in the future.

1 year ago
Economy premium

DEN warns of rupiah risks from more US protectionism

Ahead of a second presidential term for president-elect Donald Trump in the United States, Luhut Pandjaitan’s National Economic Council (DEN) has advised the government to “play smart” in its dealings with the world’s largest economy to prevent a strong reaction.

1 year ago
Economy premium

RI seals trade pact with Canada, possibly improving access to US

Southeast Asia’s biggest economy expects the agreement to pave the way for greater access to the region, including to the United States.

1 year ago
Economy premium

RI manufacturing activity sees slight uptick amid underwhelming sales

Local firms remain cautious when considering employment numbers despite improvements in manufacturing activity.

1 year ago
Economy

Kadin tells businesses to avoid layoffs after minimum wage increase in 2025

Laying off workers would only increase the number of people without income, further worsening the economic situation, Kadin chairman Anindya Bakrie said. 

1 year ago
Economy premium

Inflation drops further to just above low end of BI target range

The BPS revealed on Monday that Indonesia's inflation rate dropped to 1.55 percent in November, just 0.05 percentage point above the lowest end of BI's target range, marking the slowest annual rise since July 2021.

1 year ago
Economy

Asia's factories perk up on China recovery but Trump risks loom

Asia's largest manufacturing economies stepped up activity in November, with China's factories extending their recovery driven in part by Beijing's stimulus and a rush to export, though weak patches in other parts of the region pointed to some challenges.

1 year ago
Economy

Vietnam to build $67 billion high-speed railway

The railway, which will stretch more than 1,500 kilometres (930 miles) from the capital in the north to the country's business hub in the south, will reduce the current journey time by rail from 30 hours to around five.

1 year ago
Economy

Trump threatens 100% tariff on BRICS countries over currency plans

President-elect Donald Trump on Monday threatened to impose a 100 percent tariff on the BRICS group nations if they undercut the US dollar.

1 year ago
Economy

Indonesia in talks with US, Russia for nuclear power technology

Southeast Asia's biggest economy is looking at operating nuclear power plants as early as 2036 to cut its dependence on fossil fuels.

1 year ago
Economy premium

Hospitality industry braces for tougher periods in ‘survival mode’

The Indonesian Hotels and Restaurants Association (PHRI) has asked the government to reconsider a stipulation that orders ministries to cut spending for official trips by a minimum of 50 percent as well as to refrain from hiking value added tax to 12 percent next year.

1 year ago
Economy

Developments of Indonesia’s OECD accession journey

In an effort to strengthen its role in the global arena, Indonesia is currently an accession country to the Organisation for Economic Co-operation and Development (OECD) alongside Argentina, Brazil, Bulgaria, Croatia, Peru, Romania and Thailand.

1 year ago
Economy

OECD Secretary General: Indonesia membership supports Golden Indonesia 2045 vision

In the efforts to strengthen its role in the global arena, Indonesia is currently an accession country to the Organisation for Economic Co-operation and Development (OECD) alongside Argentina, Brazil, Bulgaria, Croatia, Peru, Romania and Thailand.

1 year ago
Economy premium

Prabowo wants Danantara to drive local funding for govt projects: Minister

President Prabowo hopes the country could have strong domestic capability to finance its own projects, particularly through Danantara.

1 year ago
Economy premium

Govt to allocate 8 million ha of land to support free meals, reach food self-sufficiency

Forestry Minister Raja Juli Antoni said the land, which has been redistributed to and is managed by farmers and communities of farmers, would be used to achieve the targets of President Prabowo Subianto’s food self-sufficiency and free nutritious meals programs. 

1 year ago
Economy

Norway faces WWF in court over deep sea mining

The World Wide Fund for Nature's (WWF) Norwegian chapter will have its day in court Thursday, after it sued Norway for opening up its seabed to mining before performing sufficient impact studies.

1 year ago
Economy

Trump taps Jamieson Greer as US trade representative as ramps up tariff plans

Greer, 44, served as chief of staff to Trump's former US Trade Representative Robert Lighthizer, the architect of Trump's original tariffs on some $370 billion worth of Chinese imports and the renegotiation of the North American free trade deal with Canada and Mexico.

1 year ago
Economy premium

Bali airport initiator signs HoA with Chinese company

A project for a new airport to be built in northern Bali has moved forward with its initiator PT BIBU Panji Sakti signing a heads of agreement (HoA) with a Chinese company, ChangYe Construction Group.  

1 year ago
Economy premium

Indonesia, UAE ink MoUs on energy, minerals cooperation

Other points of cooperation include tourism, culture, health care, technology and industrial development.

1 year ago
Economy

Business seeks details in face of mixed COP29 climate messages

COP29 deals on finance and carbon markets could lead to billions more dollars flowing around the business world if countries next year can deliver climate plans with clear policies for markets and investment.

1 year ago
Economy

Budget, debt: Trump's Treasury chief faces urgent challenges

If confirmed, hedge fund manager Scott Bessent, who was named by Trump on Friday, will have to usher through promised tax cuts, advise on an agenda promising sweeping tariffs and confront the world's biggest economy's ballooning debt.

1 year ago
Economy premium

RI diaspora still favors life in US despite high cost of living

Despite higher average incomes, everything is generally more expensive in the US than it is in Indonesia.

1 year ago
Economy

Indonesia's balance of payments surplus signals stable external resilience

Indonesia's external resilience remains intact amid ongoing global risk, reflected by the surplus in the country’s international transactions. According to a Bank Indonesia (BI) report, Indonesia’s balance of payments (BOP) for Q3-2024 recorded a surplus of US$5.9 billion, a recovery from a deficit of $0.6 billion in Q2-2024.

1 year ago
Economy premium

Prabowo gets $8.5b worth of investment commitments from British firms

The companies expressed interest in priority sectors in the country, including those related to energy, infrastructure, education and health care.

1 year ago
Economy

Japan government to approve $140b stimulus

Japan's minority government was expected Friday to approve a $140-billion stimulus drive aimed at putting more money in consumers' pockets after the ruling party's worst election result in 15 years.

1 year ago
Economy

Airlangga: GCPA can potentially support Indonesia’s energy transition

The Indonesian government, represented by Coordinating Minister for Economic Affairs Airlangga Hartarto, attended the launch of the Global Clean Power Alliance (GCPA) on the sidelines of the G20 Summit in Rio de Janeiro, Brazil on Nov. 19.

1 year ago
Economy premium

Hotels expect drop in occupancy during year-end holidays

Hotel businesses are expecting a lower occupancy rate during this year's Christmas and New Year season compared with last year, as the country grapples with weakening purchasing power.

1 year ago
Economy

Trump names China hawk Howard Lutnick as US commerce secretary

US President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary on Tuesday -- a choice set to bring a tougher stance on China from the incoming administration.

1 year ago
Economy premium

Govt seeks to revive dairy industry on back of free meals program

The government expects its free nutritious meals (MBG) program to boost demand for milk and is pushing dairy farmers to up their game in terms of quality and quantity.

1 year ago
Page: 44

Today's ePost

Mon, August 24, 2026

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