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Jakarta Post
Markets

Asian markets rally ahead of latest China-US trade talks

Stocks rallied Monday on hopes that a fresh round of China-US trade talks later in the day will ease tensions between the economic superpowers, while investors were also cheered by forecast-topping US jobs data.

2 months ago
Tech

Apple under pressure to shine after AI stumble

Pressure is on Apple to show it hasn't lost its magic despite broken promises to ramp up iPhones with generative artificial intelligence (GenAI) as rivals race ahead with the technology. ...

2 months ago
Regulations premium

Housing task force side-eyes idea to shrink subsidized homes

Though a property association has hailed a draft proposal to downsize subsidized houses as a price stabilization move, the housing task force questions whether this is necessary to provide 3 million affordable homes each year under the President's ambitious program. ...

2 months ago

The Latest

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.

2 months ago
Regulations premium

Indonesia expects to conclude free trade talks with EU by end of June

Indonesia and the 27-member European bloc have been negotiating since 2016 to strike a deal that is expected to increase trade and investment.

2 months ago
Markets

Trump says China's Xi agreed to let rare earth minerals flow to US

US President Donald Trump said on Friday that Chinese President Xi Jinping agreed to let rare earth minerals and magnets flow to the United States, a move that could lower tensions between the world's biggest economies.

2 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.  

2 months ago
Regulations premium

Consumer groups reject coinsurance mandate for healthcare policies

The added cost for consumers, analysts and industry players argue, could help prevent treatment bills from spiraling out of control.  

2 months ago
Companies premium

No talks yet on Jakarta MRT extension to Tangerang: Japan diplomat

The Japanese ambassador has said Tokyo will support the east-west line of the Jakarta MRT, but has no immediate plans to provide funding for its extension into neighboring Banten province.

2 months ago
Regulations premium

Energy ministry temporarily halts nickel mining operations in Raja Ampat

Following a peaceful protest by Greenpeace at a minerals expo on Thursday, the energy ministry announced it had temporarily suspended Gag Nikel's mining operations in Raja Ampat to conduct field verification.

2 months ago
Markets

Trump-Musk feud shakes markets pre-payrolls

The bromance-turned-to-brawl between US President Donald Trump and billionaire Elon Musk sparked a 14 percent drop in Tesla shares overnight, wiping out US$150 billion in market value.

2 months ago
Regulations premium

Minister greenlights regional govts to have meetings in hotels, restaurants

Home Minister Tito Karnavian urged regional governments to choose struggling hotels and restaurants, so government activities could help revive those businesses.

2 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.

2 months ago
Companies premium

Tsingshan slashes local nickel pig iron output amid profit squeeze

Move is in line with projections that total NPI output in Indonesia will plummet from 4.76 million tonnes in 2024 to just 1.74 million tonnes this year.

2 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.

2 months ago
Markets

Most Asian markets rise as US data feeds rate-cut hopes

Jakarta edged higher as the government began rolling out a $1.5 billion stimulus package after Southeast Asia's biggest economy saw its slowest growth in more than three years in the first quarter.

2 months ago
Regulations premium

Consumer stimulus package proves costly for toll road operators

Private companies and state-owned enterprises (SOEs) are expected to shoulder part of the government’s Rp 24.4 trillion (US$1.5 billion) consumer stimulus package aimed at spurring household spending.

2 months ago
Companies

APRIL Group Set to Expand Community-Led Conservation Programme to 100,000 Hectares by 2030

APRIL Group, one of the world’s leading producers of pulp, paper and paperboard products, has unveiled its commitment to expand its community-led conservation program to cover 100,000 hectares by 2030, more than tripling its current coverage. This initiative is designed to reinforce the company's continued commitment to sustainable forest restoration and conservation.

2 months ago
Companies

Indosat continues value-driven growth with consistent dividend payouts

Many companies, including those in the telecommunications sector, are undergoing transformation and investing heavily in artificial intelligence (AI). These efforts require significant capital outlays in research and development, talent acquisition, infrastructure and strategic partnerships. This shift reflects a broader industry trend favoring long-term innovation over short-term profitability.

2 months ago
Regulations premium

RI targets 34 percent renewables in energy mix by end of 2034

Indonesia’s renewable energy mix stood at 14.1 percent in early 2025, significantly below the 23 percent target for this year outlined in the previous RUPTL.

2 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.

2 months ago
Regulations

Global alarm rises as China's critical mineral export curbs take hold

German automakers became the latest to warn that China's export restrictions threaten to shut down production and rattle their local economies, following a similar complaint from an Indian EV maker last week.

2 months ago
Companies premium

Integrated EV battery project in Halmahera to break ground this month

The industrial complex will include a high pressure acid leaching (HPAL) smelter, precursor and cathode facilities and a battery cell plant.

2 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.

2 months ago
Companies premium

Sustainable finance in transition: A sharper focus

Despite the general pullback trend in sustainable finance and early signs of saturation, more flexible instruments like SLLs present better resilience as the broader energy transition investment landscape moves toward selectivity, and this juncture of strategic adjustment is where Indonesian banks come in.

2 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.

2 months ago
Tech premium

Govt eyes Rp 100t in savings through use of AI in social aid

National Economic Council (DEN) head Luhut Pandjaitan said the program would use facial recognition to identify eligible recipients based on government data.

2 months ago
Regulations premium

East Java, UK govt to launch Surabaya LRT feasibility study next month

The study follows an earlier pre-feasibility assessment conducted by the Japan International Cooperation Agency (JICA).

2 months ago
Regulations premium

Govt slashes budget for official meeting allowances starting 2026

While Lisbon acknowledged that the hotel industry has seen declining activities due to the government budget efficiency measures, he said that the industry was expected to recover with the government’s economic incentives that would soon be implemented.  

2 months ago
Economy premium

Wage subsidies doubled, electricity discount canceled in stimulus shake-up

In last-minute changes to a planned consumer stimulus package for June and July, the government has canceled an electricity discount but doubled wage subsidies.

2 months ago
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Today's ePost

Sat, August 16, 2025

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