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Jakarta Post
Regulations premium

Planned MRT extension to South Tangerang to cost $1.25b

The extension would connect 12 stations in key areas, including Ciputat, Pondok Cabe, Pamulang and Serpong, along a 22.6-kilometer elevated track.

2 months ago
Regulations premium

Former Prabowo expert says Sri Mulyani blocking promised revenue body

A former Prabowo aide has accused the Finance Minister of overreach by hampering the administration's efforts to establish a new agency to improve state revenue, as promised on the campaign trail last year. ...

2 months ago
Companies

Airbus revises up 20-year jet demand forecast despite trade tensions

Airbus revised up its forecast for airplane demand over the next 20 years on Thursday, telling investors and suppliers the air transportation industry was expected to ride out the current wave of trade tensions. ...

2 months ago

The Latest

Markets

Stocks slip, dollar droops as trade, geopolitical tensions weigh

Global stocks and the dollar slipped on Thursday as investors sized up a benign US inflation report and the fragile trade truce between Washington and Beijing, while rising tensions in the Middle East and lingering tariff anxiety dented risk sentiment.

2 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.

2 months ago
Tech

Pluang expands to the Philippines, offers access to fractional US stocks

Indonesian investment platform Pluang became the first to expand to the Philippines and to offer access to United States regulated fractional stocks.

2 months ago
Regulations premium

Project strength to protect prosperity, Prabowo says

President Prabowo Subianto has stressed the need for increased investment in national defense to safeguard the country’s sovereignty and independence.  

2 months ago
Companies premium

Germany’s Daimler opens new bus, truck factory in Cikarang

The company poured Rp 500 billion (US$30.7 million) in investment for a facility that will produce various models of Mercedes-Benz Axor trucks and specially designed Mercedes-Benz bus chassis tailored for the Indonesian market.

2 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.

2 months ago
Regulations

US, China reach deal to ease export curbs, keep tariff truce alive

The deal may keep the Geneva agreement from unravelling over dueling export controls, but does little to resolve deep differences over Trump's unilateral tariffs and longstanding US complaints about China's state-led, export-driven economic model.

2 months ago
Companies premium

Damri receives 70 Chinese electric buses for Transjakarta routes

The state-owned bus operator has received 70 new electric buses from China for plying Transjakarta routes by the end of June.

2 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.

2 months ago
Companies

Qantas shutters Singapore-based Jetstar Asia on rising costs, competition

The shutdown of the 20-year-old airline next month will result in up to 500 job losses, a Qantas spokesperson said, and Jetstar Asia's fleet of 13 Airbus A320 planes will be redeployed to Australia and New Zealand.

2 months ago
Companies premium

Krakatau Steel prepares 500 ha in Cilegon for China’s Delong Steel

The plant is also expected to begin producing so-called green steel, in line with current trends toward for lower-emission manufacturing processes.

2 months ago
Companies premium

Holidays sustain consumer spending post-Ramadan

Data from the Mandiri Spending Index show that middle- and upper-class consumers drove spending growth during both the Ramadan-Idul Fitri holiday and postholiday periods this year, albeit not as much as compared to last year.

2 months ago
Regulations premium

Businesses fed up with slow, uncertain govt infrastructure partnerships

Waning interest in public-private partnerships could pose a risk to President Prabowo Subianto’s infrastructure agenda, which still largely depends on private investment.

2 months ago
Companies premium

Govt stops short of halting all nickel mining in Raja Ampat

The government has revoked four licenses for nickel mining operations in Southwest Papua’s Raja Ampat regency, but not the one for the most advanced project on Gag Island, despite mounting pressure from environmental groups and the wider public.

2 months ago
Regulations premium

Government revokes most mining permits in Raja Ampat

The cluster of islands and shoals in Southwest Papua Province sits in the Coral Triangle and is thought to be one of the world's most pristine reefs, with its clear blue waters making it a popular diving spot.

2 months ago
Markets premium

Auto sales remain weak in May as demand softens

Automakers are hoping for an uptick in sales from the upcoming GIIAS as both factory shipments and retail sales remained weak in May, declining by double digits year-on-year as slowing economic growth continued to weigh on demand.

2 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.

2 months ago
Tech premium

VCs eye real sector rather than risky start-ups amid funding winter

Venture capital firms are shifting investments toward tried and tested businesses in Indonesia as the country’s start-up scene faces a prolonged funding winter.  

2 months ago
Markets premium

Developers push back against plan to raise landed house tax

Real Estate Indonesia (REI) has suggested that the government address structural issues plaguing high-rise living instead, ranging from unrealistic pricing benchmarks to frequent conflicts in poorly managed apartment communities.

2 months ago
Markets

Asian markets extend gains as China-US talks head into second day

Asian stocks squeezed out more gains Tuesday as the latest round of China-US trade talks moved into a second day, with one of Donald Trump's top advisers saying he expected "a big, strong handshake".

2 months ago
Executive Column premium

GE HealthCare eyes Indonesia as regional hub for medical device exports

GE HealthCare, in partnership with PT Kalbe Farma subsidiary Forsta, inaugurated Indonesia’s first CT scanner factory on June 2. GE HealthCare international president and CEO Elie Chaillot spoke to The Jakarta Post’s Ruth Dea Juwita two days later about the global medical technology company’s further plans in Indonesia’s burgeoning medical equipment industry.

2 months ago
Companies

Singapore's Grab denies reports of talks with GoTo for potential deal

Singapore-based ride-hailing and delivery company Grab said on Monday it was not in any talks on a potential deal with smaller Indonesian rival GoTo.

2 months ago
Tech premium

Tokopedia sellers bemoan faulty TikTok Shop linkup

Merchants on Indonesian e-commerce platform Tokopedia say a mandatory linkup with TikTok Shop, both controlled by ByteDance, creates an operational hassle for them as numerous dashboard features are still under development.

2 months ago
Regulations

Don't let deep sea become 'wild west', UN chief tells world leaders

United Nations Secretary General Antonio Guterres said on Monday the world could not let the deepest oceans "become the wild west", at the start in France of a global summit on the seas.

2 months ago
Markets premium

CPO export levy hike may jeopardize subsidized cooking oil supply

The recent export levy hike on crude palm oil (CPO) and its derivatives may tighten supplies of subsidized cooking oil brand Minyakita.

2 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.

2 months ago
Companies

Starbucks to lower prices in China as competition heats up

In a post on its Weixin social media account, the US coffee chain said it would offer more "accessible" prices on dozens of its drinks, including non-coffee drinks and the Frappuccino, from Tuesday.

2 months ago
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Today's ePost

Sat, August 16, 2025

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