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Jakarta Post
Markets

Asia shares extend tech rally, yen under pressure

Asian share markets rose on Monday tracking tech-driven gains on Wall Street, while the yen wallowed at all-time lows against the euro and Swiss franc as higher interest rates at home did nothing to deter speculative sellers.

2 months ago
Companies

Unlocking global potential: why leading enterprises should look to Hong Kong

In an increasingly competitive global market, local opportunities are no longer enough for visionary enterprises with global ambitions, they need a gateway to international capital, innovation and connections. ...

2 months ago
Economy premium

Foreign tourist arrivals yet to recover to pre-pandemic peak

Foreign tourist arrivals are expected to remain below pre-pandemic levels, even as the sector shows steady post-pandemic recovery. Experts point to intensifying competition from neighboring countries, limited diversification beyond popular destinations such as Bali and a lack of “major breakthroughs” in promoting Indonesian tourism.   ...

2 months ago

The Latest

Companies premium

Local construction firm KRYA seals Rp 240b electric motorcycle deal

The contract covers the procurement of 10,000 electric motorcycles, with deliveries set to begin in March 2026.

2 months ago
Companies

Trump, nine pharmaceutical companies strike deal to cut prices

US President Donald Trump and nine major pharmaceutical companies on Friday announced deals that will slash the prices of their medicines for the government's Medicaid program and for cash payers, in his latest bid to align US costs with those in other wealthy nations.

2 months ago
Economy premium

High-end thrift stores defend their niche, promoting sustainability

In the shadow of Indonesia’s crackdown on imported secondhand clothing, a quieter, more exclusive form of thrifting continues to operate at the margins of legality.

2 months ago
Economy premium

Indonesia eyes to clinch US tariff deal in a fortnight

Indonesia’s technical team, tasked with the legal drafting process, has arrived in the US capital about a week ago to pave the way for Coordinating Economy Minister Airlangga Hartarto.

2 months ago
Companies

Toyota to import US-made cars after Trump complaint

The US president has imposed painful import tariffs on countries around the world in an attempt to boost his country's manufacturers and reduce its colossal trade deficit.

2 months ago
Economy premium

Revenue slump pushes fiscal deficit wider in November

State revenue reached just 82.1 percent of the full-year outlook in November, down 5.67 percent from the same period last year, while the budget deficit stood at 2.35 percent of GDP, noticeably higher than October's 2.02 percent, though the finance minister said this was "within manageable limits".

2 months ago
Regulations

EU countries approve year-long delay to deforestation law

The world-first policy would ban imports into the EU of cocoa, palm oil and other commodities linked to forest destruction, requiring foreign exporters of these commodities to provide due diligence statements proving their products did not contribute to forest destruction.

2 months ago
Economy premium

Construction begins on 541-kilometer gas pipeline in Sumatra

The pipeline will link gas sources in Java and Sumatra to key industrial zones across Aceh, North Sumatra and Riau, and is scheduled for completion by the end of 2027.

2 months ago
Economy

US consumer inflation cools unexpectedly in November

US consumer inflation slowed unexpectedly in November, delayed government data showed Thursday, although levels remained higher than earlier in the year before President Donald Trump's tariffs flowed through the economy.

2 months ago
Regulations premium

Proposed minimum wage hike rattles employers, falls short for unions

Under the new formula, provincial minimum wages would rise by between 5.3 percent and 7.3 percent, an increase employers deem too steep.

2 months ago
Economy

Investor Ray Dalio to help fund 'Trump accounts'

They join tech boss Michael Dell and his wife Susan in contributing to the so-called "Trump accounts," part of the "One Big Beautiful Bill" that the Republican president pushed through Congress in July.

2 months ago
Companies premium

IDX halts Toba Pulp Lestari trading after permit suspension

The Indonesia Stock Exchange (IDX) has temporarily suspended trading in the shares of pulp producer PT Toba Pulp Lestari (INRU) following a government-ordered halt to its operations. 

2 months ago
Economy premium

Six downstream projects set for January groundbreaking: Danantara

Some of the projects set to commence include a US$24 billion aluminium smelter, refinery facilities for bio-aviation fuel in Central Java and a bioethanol facility in East Java.

2 months ago
Tech

How China built its ‘Manhattan Project’ to rival the West in AI chips

In a high-security Shenzhen laboratory, Chinese scientists have built what Washington has spent years trying to prevent: a prototype of a machine capable of producing the cutting-edge semiconductor chips that power artificial intelligence, smartphones and weapons central to Western military dominance.

2 months ago
Companies

New perspectives on power: NUS launches master in South Asian geopolitics

With the world’s attention turning increasingly toward South Asia, the National University of Singapore (NUS) has launched a new master’s programme that studies a region at the centre of global conversation.

2 months ago
Markets

Tech jitters dent stocks before central banks take center stage

Asian shares fell on Thursday as the tech sector took a beating on renewed angst about AI spending, while investors braced for a wave of central bank meetings set to underscore policy divergence worldwide.

2 months ago
Markets premium

TOD push lifts retail prospects along Jakarta's MRT corridors

A continued push for transit-oriented development (TOD) is reshaping Jakarta’s property landscape, helping retail outlets along MRT corridors and producing new growth hot spots.

2 months ago
Regulations premium

BI keeps benchmark interest rate unchanged despite Fed cut

Bank Indonesia has kept the BI Rate unchanged in its final policy meeting of 2025 after having cut the benchmark interest rate five times throughout the year.

2 months ago
Companies premium

Sarawak plans Air Borneo launch, eyes direct links to Nusantara

The IKN Authority announced that Nusantara International Airport is in the process of changing its status from a special-purpose airport to a public airport, a necessary step to serve commercial flights.

2 months ago
Economy premium

Govt wants Bantargebang landfill cleared in 2 years in waste-to-energy push

The government has set a two-year deadline to clear the massive Bantargebang landfill in Bekasi, West Java, leveraging the accelerated waste-to-energy program.

2 months ago
Regulations premium

Govt rolls out minimum wage rule late, drawing union ire

Provincial leaders must then determine the size of next year’s minimum wage increase no later than Dec. 24

2 months ago
Regulations premium

Nickel groups push back over ‘unfair’ illegal mining fines

Two nickel associations have formally objected to a potential fine of nearly $400,000 per hectare per year under a new ministerial decree targeting mining activities in forest areas, saying it could lead to industry-wide inequality.

2 months ago
Tech

US threatens countermeasures on European service providers after EU fines

President Donald Trump's administration warned on Tuesday the United States could impose fees or restrictions on European service providers in response to what it called “discriminatory” actions against US firms.

2 months ago
Economy premium

Revenue slump pushes budget deficit near 3% limit

Finance Minister Purbaya Yudhi Sadewa has acknowledged high pressure on the state budget and said the government’s 2025 deficit target may be missed but vowed that the figure would remain below the legal cap at 3 percent of GDP.

2 months ago
Regulations

How effective is 2025 VAT incentive for housing sector?

A comparative look at the government's VAT incentive policy for 2021 and 2025 shows that its effectiveness is highly dependent on contemporaneous economic conditions, thereby indicating the need for an integrated policy approach that also considers installment affordability, not just property prices.

2 months ago
Companies

Four independent smallholder groups in SMILE program attain RSPO certification

Four independent smallholder (ISH) groups under the SMILE (Smallholder Inclusion for better Livelihood & Empowerment) program have been certified by the Roundtable on Sustainable Palm Oil (RSPO). This program is a joint initiative that was launched by Asian Agri, Apical, and Kao Corporation in 2020.

2 months ago
Economy premium

Indonesia sends first direct shipment of frozen durian to China

Until now, Chinese consumers have largely relied on supplies from neighboring countries such as Malaysia, Thailand, Vietnam and the Philippines.

2 months ago
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Today's ePost

Fri, February 27, 2026

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