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Jakarta Post
Economy premium

Stable rules key to luring investment, outgoing EU envoy says

The outgoing EU ambassador to Indonesia, Denis Chaibi, whose term ends this month, told The Jakarta Post that stable regulations and fewer trade barriers would be key to attracting European investment in view of the signing of the Indonesia-EU CEPA in October.

1 hour ago
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. ...

2 hours 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. ...

6 hours ago

The Latest

Economy

US hiring slowest since Biden took office

US job growth slowed drastically in October, hit temporarily by hurricanes and labor strikes, in a final major economic snapshot in a razor-edge presidential election campaign where cost-of-living worries have dominated voter concerns.

1 year ago
Economy premium

Young Indonesians storming the stock market

Success stories among their peers and a plethora of user-friendly investing apps are luring ever more young Indonesians into the stock market, but some learn the hard way that risk and opportunity go hand in hand.  

1 year ago
Economy premium

Hashim to defend Prabowo’s food estate program against environmental concerns

President Prabowo Subianto has appointed his brother, Hashim Djojohadikusumo, as a special envoy to the United Nations COP29 climate summit set to be held in the Azerbaijani capital of Baku from Nov. 11-22.

1 year ago
Economy

Inflation eases in October, but core rate at 15-month high

Indonesia's headline annual inflation rate cooled in line with expectations, but its core inflation rate accelerated to its highest in over a year, official data showed on Friday.

1 year ago
Economy premium

US lowers import tariff for shrimp from Indonesia

The United States Department of Commerce (USDOC) has reduced the antidumping tariff on shrimp imported from Indonesia, but an Indonesian industry group bemoans unequal treatment among exporters and wants the tariff dropped altogether.

1 year ago
Economy premium

Govt allocates $8.8 billion for food security in 2025

The senior food minister says a nearly 22 percent jump in the government’s food security budget has been earmarked for next year in a bid to fulfill the President's promise to achieve food self-sufficiency during his five-year term.

1 year ago
Economy

Indosat achieved double-digit EBITDA and revenue growth, surpassing industry performance

Indosat Ooredoo Hutchinson has secured excellent financial performance, with double-digit growth in the first nine months of 2024, driven by the company’s focus on operational excellence. Indosat reported double-digit growth, exceeding the industry’s benchmark with a substantial increase in various key financial indicators. This achievement is expected to help Indonesia's telecommunications industry grow, reversing the declining trend seen throughout the year. 

1 year ago
Economy premium

1 million apartments won’t solve urban housing crisis

President Prabowo Subianto wants to build 1 million apartments per year to address the country’s urban housing backlog, but experts warn the plan may come up short if those properties are out of reach for the middle class.

1 year ago
Economy

EU slaps tariffs on Chinese EVs, risking Beijing backlash

The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3 percent at the end of its highest profile trade investigation that has divided Europe and prompted retaliation from Beijing.

1 year ago
Economy premium

Forcing Prabowo’s 8% growth ‘risks economy overheating’

For now, many believe that Indonesia can only grow at around 5 percent annually, a figure that better reflects its current short-term domestic capacity.

1 year ago
Economy premium

Budget insufficient for building 3 million new homes, minister says

The housing minister has revealed that the 2025 budget allocation for building 3 million new homes is a little less than one-third of last year's, compared to his estimated fund of Rp 23.32 trillion required to meet the target.

1 year ago
Economy

US finalizes curbs on investing in Chinese tech

The administration of President Joe Biden has finalized curbs on US investments in sensitive technologies like semiconductors in China that pose a threat to national security, the Treasury Department said Monday. 

1 year ago
Economy premium

‘No doubt’ Nusantara megaproject will continue, govt vows

The new administration has allayed fears that the Nusantara Capital City (IKN) project could be placed on the back burner following its conspicuous absence in President Prabowo Subianto’s hour-long inauguration speech.

1 year ago
Economy premium

Gaikindo lowers bar for car sales after sluggish September

The Association of Indonesian Automotive Manufacturers (Gaikindo) has lowered its target for 2024 car sales after disappointing numbers for four-wheelers so far this year.  

1 year ago
Economy

69% of Indonesian MSMEs don't understand SDGs

Ronald Walla from Apindo called on the government to create a supportive environment for MSMEs, including financial incentives, access to information and regulatory simplification.

1 year ago
Economy

49% of Indonesian middle class sees declines in purchasing power

The Indonesia Market Outlook 2025 survey revealed that 49 percent of the middle-class in five major Indonesian cities reported decreased purchasing power.

1 year ago
Economy

Indonesia wants to join BRICS, ministry says

As BRICS world leaders convened in Kazan for a summit this week, Indonesia's foreign ministry said late on Thursday that the process of joining the group has begun.

1 year ago
Economy

G20 countries reaffirm pledge to cooperate on taxing super-rich

G20 finance ministers meeting in Washington on Thursday reaffirmed their desire to cooperate on taxing the super-rich, before a summit next month where taxes are expected to be a top priority.

1 year ago
Economy premium

Importing LNG could hamper energy transition, self-sufficiency, critics say

Importing liquefied natural gas (LNG) may be a costly and destabilizing strategy for emerging economies like Indonesia, undermining efforts to adopt renewable energy and achieve energy self-sufficiency, experts say.

1 year ago
Economy

HSBC GTS and TradePay aim to support Indonesia’s thriving digital economy

For more than 155 years, HSBC has been financing trade in some of the most vibrant markets globally. The bank’s rich trade history is now a modern-day strength as it supports businesses to grow globally, make new connections, expand into new markets, and navigate an ever-changing landscape.

1 year ago
Economy

Germany bets on India to reduce reliance on China

From cars to logistics, German companies are largely optimistic about India's growth potential, tapping into a wealth of skilled young workers, a cheaper cost base and economic growth motoring at around 7 percent.

1 year ago
Economy

India to retain investment curbs on border nations

The deal paves the way to end a four-year military stand-off and improve political and business ties between the Asian giants, strained since a deadly border clash in 2020 that slowed exchanges of capital, technology and talent.

1 year ago
Economy premium

Ministry wants to build new homes on seized land, transit spots

Public Housing and Settlements Minister Maruarar Sirait is considering the use of state-owned land, including seized plots and transit spots, for public housing as land acquisition has become a key concern for property development.

1 year ago
Economy premium

New trade minister aims to conclude IEU-CEPA in first 100 days

Budi Santoso, who has been promoted from trade secretary-general to minister, is aiming to produce the IEU-CEPA during his first 100 days in office under a new target to conclude talks by the end of this year, the umpteenth deadline announced since negotiations on the deal began in 2016.

1 year ago
Economy premium

New senior minister eyes Papua to achieve food self-sufficiency

The newly appointed coordinating food minister is looking to the easternmost region of Papua to shore up the country’s scarcity of arable land and to bump up production to achieve food self-sufficiency.

1 year ago
Economy premium

RI reconsiders plan for RKEF smelter moratorium

The Energy and Mineral Resources Ministry is “reevaluating” its plan to enforce a moratorium on the construction of rotary kiln-electric furnace (RKEF) nickel smelters.

1 year ago
Economy

As poor nations' default wave peaks, cash shortage could take its place

The World Bank aims to boost lending capacity by $30 billion over 10 years. The IMF cut surcharges, lowering the cost for the most overstretched borrowers by $1.2 billion annually.

1 year ago
Economy

China's central bank cuts two key rates to boost economy

China's central bank on Monday said it had cut two key interest rates to historic lows, in the latest move by Beijing to boost sluggish spending and kickstart the world's second-largest economy.

1 year ago
Economy

The path of culture: Economic, social and environmental impacts

Tenggara Strategics, in collaboration with the Centre for Strategic and International Studies (CSIS) Indonesia, hosted a public discussion and unveiled a study titled "The path of culture: Economic, social and environmental impacts," which highlights the vast contributions of Indonesia's rich cultural assets.

1 year ago
Economy

US budget deficit widens to $1.8t, third-highest on record

The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on greater spending, including for interest on the public debt.

1 year ago
Page: 46

Today's ePost

Mon, August 24, 2026

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