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Jakarta Post
Economy

Talks to end US shutdown look promising, Senate majority leader says

Bipartisan talks in the US Senate to end the federal shutdown have taken a positive turn, Senate Majority Leader John Thune said on Saturday, with lawmakers working on deals to temporarily reopen the government and introduce three longer-term funding bills for some agencies.

5 hours ago
Economy

Analysts urge Philippines to build on Malaysia-led ASEAN geopolitical, economic progress

As the Philippines is set to take over the Association of Southeast Asian Nations (ASEAN) chairmanship from Malaysia in 2026, analysts have said that continuity and sustained momentum are essential in safeguarding the region’s peace and prosperity. ...

20 hours ago
Economy premium

Time is money: The Rp 100 trillion price tag on Jakarta’s congestion

Jakarta’s traffic paralysis, especially during bad weather, is more than just an inconvenience, it’s an economic drain as congestion slows business activity, worsens air quality and erodes productivity. ...

1 day ago

The Latest

Economy premium

Poverty rate hits another historic low as inequality narrows

Indonesia has yet again recorded a drop in the poverty rate that signals a narrowing of inequality as measured through the Gini coefficient.

3 months ago
Economy premium

Hashim bets on $9b biochar potential amid literacy, logistics hurdles

The initiative aims to monetize around 100 million tonnes agricultural waste a year, which come from the palm oil and sugar industries, among others.  

3 months ago
Economy premium

Danantara to restructure ‘substantial debt’ of Whoosh

The government has reiterated its commitment to accelerate the extension of the Whoosh Jakarta-Bandung line to Surabaya, despite experts' warnings that the train’s heavy losses could make the expansion a risky move.

3 months ago
Economy

China's Xi warns EU to 'make correct strategic choices' at tense summit

Ursula von der Leyen, the president of the European Union Commission, called for an "essential" rebalancing of trade ties with China, saying ties stood at an "inflection point".

3 months ago
Economy

Malaysia PM announces cash aid, fuel price cut to address rising living costs

Once fuel subsidy changes are implemented, Malaysians will see prices at the pump drop to 1.99 ringgit per liter, compared to the current price of 2.05 ringgit. Foreign nationals however will have to pay unsubsidized market prices for the fuel.

3 months ago
Economy premium

Layoffs surge in manufacturing, retail, govt data suggest

The latest release of manpower data shows that the manufacturing, retail and mining sectors recorded the sharpest rise in job losses over the six months to June, with Central Java leading the provinces most affected by layoffs.

3 months ago
Economy

Indonesia to cut tariffs, non-tariff barriers in US trade deal

Indonesia will remove recently enacted pre-shipment inspections and verifications of US exports that have posed problems for US agricultural exports.

3 months ago
Economy

Trump strikes trade deal with Japan to cut tariffs

The United States and Japan struck a deal to lower the hefty tariffs President Donald Trump threatened to impose on goods from its Asian ally that included a US$550 billion package of US-bound investment and loans from Tokyo.

3 months ago
Economy premium

Oil and gas revenue to miss target amid price slips

While revenue has weakened, investment in the upstream sector posted strong growth.

3 months ago
Economy premium

How deep is Indonesia’s capital market?

Indonesia, despite being ASEAN's largest economy, faces a complex web of obstacles hindering its financial deepening and leaving its capital markets shallow when compared to those of regional peers.

3 months ago
Economy

RI plans $8b refineries contract with US firm amid tariffs deal, sources say

Apple and General Electric were also mentioned in the presentation as US firms that will benefit from relaxed local content requirements.

3 months ago
Economy premium

Prabowo rolls out state-backed co-ops to boost grassroots economy

Experts highlighted a disconnect between the government’s push for cooperatives and the public’s understanding on the ground.

3 months ago
Economy

G20 finance chiefs back central bank independence in first communique since October

In their first communique since last October, a month before US President Donald Trump's election victory paved the way for his subsequent tariff war, the ministers and central bankers highlighted the uncertainty in the global economy caused by conflict, trade tensions and frequent extreme weather events.

3 months ago
Economy premium

Hyrox craze spurs fitness boom as old-school gyms struggle

Industry players have stated that people are moving away from traditional gyms in search of professional coaching, structured programming and a sense of community.

3 months ago
Economy

Indonesia still negotiating details, exemptions on US tariff deal, official says

Indonesia has asked the United States to exempt its exports of cocoa, rubber, crude palm oil, coffee and nickel from the levy.

3 months ago
Economy premium

Lower US tariff to boost economy 0.5 percent, Luhut says

Citing the results of a macroeconomic analysis on Indonesia's reduced tariff rate of 19 percent, the DEN chief says Jakarta's new trade deal with Washington will help boost employment, welfare and labor-intensive industries to encourage more foreign investment and boost the overall economy.

3 months ago
Economy

Japan rice prices double, raising pressure on PM

PM Shigeru Ishiba is under additional pressure to reach a trade deal with the United States before new tariffs of 25 percent take effect on August 1.

3 months ago
Economy premium

BI urges banks to boost lending amid slowing growth

The central bank is urging banks to boost lending to spur the economy amid a downward trend in credit growth to May, including NPLs and LARs.

3 months ago
Economy

EU mega budget hits immediate German opposition

Germany said it was "unable to accept" the $2.3-trillion budget for 2028-2034, which EU chief Ursula von der Leyen  called "the most ambitious ever proposed".

3 months ago
Economy premium

Domestic concerns loom as businesses cheer on US-RI deal

Some economists have flagged potential risks, particularly for foreign investors and manufacturers operating in the country, with the influx of duty-free products from the US.

3 months ago
Economy premium

BI cuts benchmark rate by 25 bps as stars align

The central bank views the deal Jakarta made with Washington as bringing “a positive result” overall, be it in terms of economic growth, trade balance or its impact to the financial market.

3 months ago
Economy premium

BPS delays releasing poverty data ‘to ensure accuracy’

The BPS has delayed the release of its poverty rate data for March 2025 “to ensure the accuracy and the quality of the data”, but the third such delay in government data this year could unsettle the market, experts have warned.

3 months ago
Economy premium

Govt eyes social media to boost tax revenue

The Finance Ministry projects state revenue will fall short of the target set in the 2025 state budget, citing weak tax receipts, declining commodity prices and recent policy changes.

3 months ago
Economy

Indonesian shoemakers fear Trump tariffs despite lower levy

Indonesia is the third-largest footwear exporter to the US behind China and Vietnam, according to the Observatory of Economic Complexity.

3 months ago
Economy

Indonesia says US trade deal reached after 'extraordinary struggle'

Trump outlined an Indonesia deal similar to a preliminary pact struck recently with Vietnam, with a flat tariff on exports to the US roughly double the current 10 percent and no levies on US exports to Indonesia.

3 months ago
Economy

Bond market outlook: Stability through volatile times

High yields, stable macro conditions, pro-market policy support and solid institutional demand keep the domestic bond market relevant.

3 months ago
Economy premium

Gold boom, policy missteps fuel rise in deadly illegal mines

Indonesia faces a major dilemma between regulating illegal mining to protect the environment and safeguarding the livelihoods of people who depend on this activity.

3 months ago
Economy

Trump says Indonesia to face 19 percent tariff under trade deal

Goods that have been transshipped to avoid higher duties will face steeper levies.

3 months ago
Economy premium

Lower US tariffs clincher for $15.5b energy import deal, minister says

Indonesia's negotiation team has proposed a US$15.5 billion oil and gas import deal as part of ongoing tariff talks in Washington, though whether this comes to pass is dependent on Washington lowering the country's current tariff rate of 32 percent.

3 months ago
Economy

China's Q2 GDP growth tops forecast even as US tariff risks mount

Industrial output grew 6.8 percent year-on-year in June, beating forecasts, but retail sales growth slowed.

3 months ago

Today's ePost

Sat, November 8, 2025

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