TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
Economy premium

Bank execs ‘overwhelmed’ with $12b state cash injection

State-owned lenders have received 200 trillion rupiah ($12.2 billion) in government deposits redirected from Bank Indonesia to spur credit growth, but their top executives are unsure how to deploy the funds.

1 hour ago
Economy premium

Shifting gear to growth with stability mode

The country needs a balanced approach to growth that incorporates innovation, development and investment in targeting key value-added sectors to not just catch up with its regional peers, but to achieve its overarching goal in the Golden Indonesia 2045 vision. ...

3 hours ago
Economy premium

Illegal mining, inconsistent oversight scare off foreign investors

For foreign direct investment to flow into upstream projects and high-value processing facilities, investors need certainty that their concessions will be protected and that the rule of law will be enforced consistently. ...

1 day ago

The Latest

Economy

Nickel’s next test: Can Indonesia escape the low-value trap?

Indonesia's mineral downstream policy needs a clear shift in strategy to escape the low-value dominance trap so that instead of being a facilitator of foreign-led extraction, the country can be a curator of complete industrial ecosystems and emerge as a leader in the global supply chain.

2 months ago
Economy premium

Govt struggles to make $80b sea wall project financially viable

The government says it is in talks with potential investors to ensure that the project is "market-ready."  

2 months ago
Economy premium

Indonesia, Russia deepen trade ties with QRIS, palm oil in focus

President Prabowo Subianto’s meeting with Russian President Vladimir Putin last week produced commitments to intensify trade, investment and industrial collaboration as part of the 75th anniversary of bilateral relations.  

2 months ago
Economy premium

SMEs struggle to access green financing, govt admits

According to a report released by the Centre for Strategic and International Studies (CSIS) on Friday, Indonesia’s green industry policies remain focused on technical and supply-side measures like energy efficiency and emission cuts, while market demand, financing and investment support are still limited.

2 months ago
Economy premium

New padel sport trend means business in Jakarta

A racket sport that has seen fast global growth is attracting increased attention in Jakarta, not just as a recreational activity, but also as a business opportunity.

2 months ago
Economy premium

Java no longer has power oversupply, ministry says

Java no longer experiences an electricity oversupply, an Energy and Mineral Resources Ministry official said, urging immediate development of new energy sources, especially renewables, to meet rising demand.

2 months ago
Economy premium

Govt faces hurdles in bridging infrastructure funding gap

The government is banking on corporate participation to bridge Indonesia’s infrastructure funding gap, but experts warn that strained finances of state-owned construction firms and the current reluctance of private investors to commit to large-scale projects may hinder progress.  

2 months ago
Economy premium

Gearing up for grid transition in Indonesia

In Indonesia, state utility PLN continues to fund grid development primarily through its own balance sheet; a model that places sustained pressure on its financial performance. Addressing financing challenges will be essential to ensuring the grid's readiness for a renewable-powered future.

2 months ago
Economy premium

BI stays put on interest rate amid wobbly global economy

The BI rate would remain at 5.50 percent, where it has stood since a 25-basis-point (bps) cut last month.

2 months ago
Economy

Energy transition: How coal mines could go solar

Disused coal mines could be refashioned to place vast fields of solar panels, a new report suggests, providing an unlikely solution to a common obstacle to uptake of the green energy source.

2 months ago
Economy premium

Govt cooks up Rp 130t microloan scheme for state banks to help fund housing program

In a bid to solve a funding shortfall for the President's "3 million homes" program, the housing ministry has come up with a plan to disburse Rp 130 trillion (US$7.98 billion) contributed by state banks under Danantara via the micro credit program (KUR).

2 months ago
Economy premium

Prabowo pushes for Temasek, Danantara cooperation to develop Batam

Other cooperation includes the sectors of renewable energy and sustainable industrial zones.

2 months ago
Economy

Indonesia’s potential for cross-border ASEAN tourism

To compete with its neighbors, Indonesia must reframe regional tourism as a strategic priority rather than a side focus. This requires targeted action across three main areas: Destination development, air connectivity and service quality.

2 months ago
Economy premium

World bank approves $2b financing for RI development

The instruments would allow the World Bank and its partners to mobilize an additional $345 million of private investment to finance solar and wind projects.

2 months ago
Economy premium

RI sees no further need to send delegation to US for trade talks

The government currently sees no need to send another delegation to the United States for the negotiations on tariffs as it believes it has made its case for open bilateral trade and says the ball is now in the US’ court.

2 months ago
Economy

China factory output slumps but consumption offers bright spot

China's factory output grew slower than expected last month as trade war pressures bit, official data showed Monday, while a bump in a key gauge of domestic consumption offered a rare bright spot for the economy.

3 months ago
Economy premium

Batik makers packing in as imitations flood market

Indonesia has seen a steep decline in the number of artisanal batik producers over the past four years across key production centers from Java to Sumatra, as pressure mounts from a surge of mass-produced batik-like fabrics, most of which are imported.

3 months ago
Economy premium

RI-US trade negotiations in limbo as deadline nears

Talks between Indonesia and the United States remain in limbo just days ahead of a deadline both parties set for reaching a trade deal to avert punishing US import tariffs that would effectively shut off the world’s largest consumer market for many Indonesian products.

3 months ago
Economy premium

Minister dismisses claim Jokowi involved in Raja Ampat nickel mining

Energy and Mineral Resources Minister Bahlil Lahadalia has dismissed allegations linking former president Joko “Jokowi” Widodo to nickel mining activities in Raja Ampat.

3 months ago
Economy

UK expected to boost defense, health in major spending review

Finance minister Rachel Reeves is set to address parliament around midday, outlining her spending review in the hopes of boosting the country's sluggish growth, which risks added pressure from US President Donald Trump's tariffs onslaught.

3 months ago
Economy premium

Govt is redefining poverty line after two decades, DEN says

The redefinition is being worked on by the National Economic Council alongside Statistics Indonesia (BPS), the National Development Planning Agency (Bappenas) and the Statistics Society Forum. Indonesia last revised its poverty line in 1998.

3 months ago
Economy premium

Cement industry takes hit from slowdown in construction, govt spending

Indonesia’s cement industry faced declining sales in the first quarter of this year amid a slowdown in government infrastructure development.

3 months ago
Economy

China's May exports slow, deflation deepens as tariffs bite

China's export growth slowed to a three-month low in May as US tariffs slammed shipments, while factory-gate deflation deepened to its worst level in two years, heaping pressure on the world's second-largest economy on both the domestic and external fronts.

3 months ago
Economy

US and China set for trade talks in London on Monday

Three of US President Donald Trump top aides will meet with their Chinese counterparts in London on Monday for talks aimed at resolving a trade dispute between the world's two largest economies that has kept global markets on edge.

3 months ago
Economy premium

Indonesia faces brain drain as skilled graduates leave for jobs abroad

Indonesia has seen an increasing outflow of skilled young adults seeking work abroad in a brain drain phenomenon experts attribute to concern around job opportunities within the country.  

3 months ago
Economy

Clean energy investment rising despite economic uncertainty: IEA

Investment in clean energy technologies is set to strike a record this year despite global economic uncertainty, double the spending on fossil fuels that will dip for the first time since 2020, the International Energy Agency said Thursday.

3 months ago
Economy premium

BI revises down its target for sharia financing growth in Indonesia

Sharia financing will still grow but at a slower pace. Instead of the initial between 11 and 13 percent target, the central bank has adjusted it downward to between 8 and 11 percent.

3 months ago
Economy premium

OECD slashes growth forecast for Indonesia to 4.7%

The OECD pointed to sluggish business and consumer confidence, dampened by uncertainty over fiscal policy and persistently high borrowing costs.

3 months ago
Economy

Higher US metals tariffs kick in as deadline for 'best' offers arrives

The US tariff rate on most imported steel and aluminum doubled on Wednesday as President Donald Trump ratchets up a global trade war on the same day he expects trading partners to deliver their "best offer" in bids to avoid punishing import tax rates on other goods from taking effect in early July.

3 months ago
Economy premium

RI eyes cheaper financing with yuan, Aussie bonds

The Finance Ministry says the issuance will depend on which market offers more favorable conditions in terms of pricing and costs.

3 months ago

Today's ePost

Tue, September 16, 2025

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.