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Jakarta Post
Economy premium

2026 budget deficit nears limit, fueling fiscal worries

After the August unrest, the government has projected higher spending next year that aims to accelerate economic growth. Doubts remain on whether it can generate enough revenue to finance the plan.   

1 day ago
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. ...

1 day 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. ...

2 days ago

The Latest

Economy premium

Construction delay, affordability issues jeopardize TOD pickup

Property consultants report strong demand for housing within transit-oriented development (TOD) areas, but such apartments will only find buyers if they are affordable and if public infrastructure is completed.

2 years ago
Economy premium

Banks reluctant to go full throttle despite shrinking loans at risk

Indonesian lenders remain cautious in managing their balance sheets, as external factors could significantly rattle the banking system.

2 years ago
Economy premium

Biggest hurdles to China entry into trans-Pacific trade pact are political

Britain joined the Comprehensive Progressive Trans-Pacific Partnership (CPTPP) at a meeting in Auckland this month just over two years after its application, clearing the way for members to consider others from China, Taiwan, Ukraine, Costa Rica, Uruguay and Ecuador.

2 years ago
Economy premium

Jokowi returns from China with billions in investment pledges

President Joko “Jokowi” Widodo’s two-day visit to China has resulted in billions of dollars in investment pledges, the government has said, with the single biggest commitment a US$11.5 billion project to develop the domestic glass industry.

2 years ago
Economy

G7 eyes targets to mitigate critical mineral import risks

They will set targets for the level of dependence for minerals whose export is dominated by particular countries, especially China, and increase imports from other countries to eventually meet their goals.

2 years ago
Economy premium

RI's rice reserve not sufficient to weather El Niño next year

Authorities and experts assure that the Indonesian rice reserve will last until the end of the year despite potential global inflation resulting from India’s export bans and El Niño, the latter of which will affect next year’s stock.

2 years ago
Economy premium

JETP could help drive Indonesia’s geothermal growth

While the JETP scheme could help jump-start growth in Indonesia’s geothermal power, but experts say the industry is still mired in high development costs, price uncertainty and unfavorable regulations.

2 years ago
Economy premium

Renewable energy investment well below target in first half

At US$527 million, renewable energy investment in Indonesia in the first half of 2023 was not even one third of the full-year target.

2 years ago
Economy

China's state planner unveils steps to spur private investment

China's state planner on Monday unveiled measures that seek to promote, encourage and spur private investment in some infrastructure sectors and said it will strengthen financing support for private projects.

2 years ago
Economy

Cuban economy minister says no quick fix to devastating crisis

Cuba's economic growth is less than 2 percent this year and remains 8 percentage points below pre-pandemic levels, while production in sectors such as agriculture, mining and manufacturing was further behind, Economy Minister Alejandro Gil said on Saturday.

2 years ago
Economy

Airlangga and Blair: Bringing technology revolution for economic transformation

Indonesia can secure its position as a major global player by harnessing the technology revolution to sustain its economic transformation.

2 years ago
Economy premium

Investment on target at half-year mark: BKPM

The Investment Coordinating Board (BKPM) has announced that two quarters into the year, the country is nearly halfway to its 2023 realized investment target and has noted that activity usually rises later in the year.

2 years ago
Economy premium

Mineral export bans spur domestic shipping demand, association says

The government’s ban on the export of certain raw minerals has fueled demand for domestic shipping between mines and processing facilities, creating new opportunities for local companies, industry players say.

2 years ago
Economy premium

Indonesia falls behind oil and gas investment target

Indonesia’s oil and gas investment in the first half of the year amounted to US$5.7 billion, just 36.67 percent of this year’s $15.54 billion target, according to the Upstream Oil and Gas Regulatory Task Force (SKK Migas).

2 years ago
Economy

China to increase support for private firms to bolster recovery

China on Wednesday pledged to make the private economy "bigger, better and stronger" with a series of policy measures designed to help private business and bolster the flagging post-pandemic recovery.

2 years ago
Economy

Villages minister showcases Indonesia’s SDG localization at UN headquarters

Villages, Disadvantaged Regions and Transmigration Minister A Halim Iskandar has showcased Indonesia’s localization of sustainable development goals (SDGs) at the village level at the United Nations headquarters in New York.

2 years ago
Economy

SDG targets to be put back in the spotlight through Indonesia’s work

Amid various crises, such as the residual effects of the COVID-19, the decline in the global economy, as well as the continuation of the Russian invasion of Ukraine, sustainable development goals (SDGs) have taken a back seat in many countries.

2 years ago
Economy premium

Retailers demand crackdown on illicit imports

The Indonesia Retail and Tenant Association (Hippindo) has urged the government to tackle the illegal import of goods by entrustment services, because it is detrimental to domestic retailers.

2 years ago
Economy premium

Trade shrinks but remains in surplus for 38th consecutive month

Exports and imports both nosedived last month in a reflection of a slowing global economy, but Indonesia maintained its trade surplus for a 38th month in a row.

2 years ago
Economy

Indian tourists flock to Southeast Asia as China's reopening falters

From airlines like IndiGo and Thai Airways to hospitality chains offering thousands of rooms, companies are tapping into India's burgeoning middle-class and growing spending power, executives and analysts said.

2 years ago
Economy premium

Growing informal sector signals lack in job creation

Most Indonesian workers are employed in the informal sector, and their number is growing, due primarily to labor informalization, experts warn.

2 years ago
Economy

Post-pandemic multi-stakeholder collaboration strengthens Indonesia toward 2030 SDGs

As the COVID-19 pandemic subsides, Indonesia has seen stronger participation and cooperation between stakeholders, including state actors, NGOs, the private sector and various other parties, as they become united in their efforts toward recovery.

2 years ago
Economy

China economic data likely to show recovery is fading quickly

A flurry of economic data from China on Monday is expected to show its post-pandemic bounce is quickly fizzling out, raising expectations that Beijing needs to unveil more stimulus measures soon to shore up activity and shaky consumer confidence.

2 years ago
Economy premium

How Jakarta’s ailing malls are fighting back

Jakartans have long been predicting the demise of many of the city’s aging shopping malls, but a select few are working to defy their bleak prognoses and take out a new lease on life, despite today’s harsh brick-and-mortar retail realities.

2 years ago
Economy premium

Cooling US inflation could bring more capital to RI, analysts say

The United States inflation rate has fallen to its lowest level in more than two years, meaning emerging market economies like Indonesia’s may see greater inflows amid more favorable exchange rates.

2 years ago
Economy

Indonesia aims to elevate African countries, emboldening gotong royong values

Indonesia, as a developing country, has started to gain more recognition around the world. The country is always interested in building international ties to ensure peace and prosperity for all. Indonesia has long agreed to pay special attention to African countries, underdeveloped countries and landlocked developing countries.

2 years ago
Economy

Indonesia Exhibits its Achievements in SDG Localization at The UN Headquarters

Currently, Indonesia’s efforts of localizing the Sustainable Development Goals (SDGs), at the national, provincial, district/city and village levels are being showcased at the United Nations Headquarters in New York, the United States, during the High-Level Political Forum on Sustainable 2023 event taking place from July 10-20, 2023.

2 years ago
Economy premium

Shrinking domestic industry may dethrone RI as world's No. 2 rubber exporter

A variety of factors are behind the decline in the rubber industry in Indonesia, which might be left playing catch-up as the global demand for the commodity drives downstream expansion.

2 years ago
Economy premium

Indonesia looks to import cattle, soy from South Africa

The government has unveiled a plan to import 50,000 cattle and 300,000 tonnes of soy from South Africa to expand bilateral trade in the agricultural sector.

2 years ago
Economy premium

Indonesia en route to achieving 8.5 million foreign arrivals this year: Sandiaga

The tourism minister expressed confidence that Indonesia would meet this year’s target of 8.5 foreign arrivals after reaching 50 percent of that figure as of May.

2 years ago
Page: 49

Today's ePost

Sat, September 20, 2025

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