TheJakartaPost

Agrinas CEO quits, blasts govt, Danantara over ‘neglect’

Former Agrinas Pangan CEO slammed the government, particularly Danantara, for failing to make substantial interventions to maintain food supply and security, pointing to insufficient funding support for Agrinas during his tenure. ...

4 days ago

Trump signs order to extend China tariff truce by 90 days

The White House reiterated its position that there are "large and persistent annual US goods trade deficits" and they "constitute an extraordinary threat to the national security and economy." ...

4 days ago

The Latest

Royalties distributed this year amount to Rp 1.69 billion (US$116,857.58), collected from the use of musical works in karaoke places, restaurants, television, malls, hotels and other entertainment centers.

Businesses urge small-firm, ambience exemptions in royalty charges

Music royalties drew public attention after noodle franchise Mie Gacoan was sued for failing to pay royalties between 2022 and 2025.

4 days ago

Fully loaded: Workers walk near a coal barge on Jan. 4, 2022, at a port in Palembang, South Sumatra.

Shaky regulations, finances stall coal miners’ transition to ‘green’ investment

Global coal demand reached an all-time high of 8.77 billion tonnes in 2024 and is projected to plateau through 2027.

5 days ago

Net worth: Sugar loading and unloading operations are seen on Feb. 16 at Sunda Kelapa Harbor, North Jakarta.

Danantara to pour Rp 1.5t into buying farmers’ sugar

The government has tasked Danantara with financing a range of projects, from overhauling underperforming fish farms along Java’s northern coast to reviving long-stalled waste-to-energy (WtE) projects.

5 days ago

Sugar surge: A worker arranges sweetened drinks on Dec. 14, 2023, in a retail supermarket in Jakarta. A survey from the Indonesian Consumers Foundation (YLKI) revealed that 58 percent of 800 respondents supported the plan to impose excise tax on sweetened beverages to control its consumption and prevent diabetes in children, which, in January 2023, had increased 70 times since 2010.

Retail sales spring back in July after a nine-month lull

Excluding the March data, when consumption typically spikes during Idul Fitri, boosting retail sales, annual retail sales index growth has remained weak since October of last year.

5 days ago

Peru's President Dina Boluarte (left) and Indonesia's President Prabowo Subianto shake hands during a joint press conference following their meeting at the Merdeka Palace in Jakarta on August 11, 2025.

Indonesia, Peru strike trade agreement as leaders meet

They agreed to boost cooperation in fields including defense, narcotics, food security, energy, fisheries and mining, without providing details.

5 days ago

A woman walks past humanoid robots displayed at the Nvidia booth during the China International Supply Chain Expo in Beijing on July 16, 2025.

Tech

Nvidia, AMD to pay 15% of China chip sale revenues to US

Nvidia last month announced the US said that it would allow the company to resume sales and it hoped to start deliveries soon.

5 days ago

GoFood expands Pojok Belajar to 24 cities, supporting 8% entrepreneurship rate by 2045

From neighborhood coffee shops to lunchtime eateries that specialize in takeouts, micro, small and medium enterprises (MSME) is the backbone of the Indonesian economy.

5 days ago

Currency dealers work in front of electronic boards showing the Korean Composite Stock Price Index (KOSPI) and the exchange rate between the U.S. dollar and South Korean won at a dealing room of a bank, in Seoul, South Korea, on Monday, December 9, 2024.

Markets

Shares edge up in Asia, US inflation data looms large

Analysts expecting the impact of tariffs to help nudge the core up 0.3 percent to an annual pace of 3.0 percent and away from the Federal Reserve target of 2 percent.

5 days ago

People browse items on sale on April 9, 2023, in the Matahari Department Store at the Mall of Serang in Banten.

Consumer confidence inches up as Indonesians expect better times ahead

Bank Indonesia's monthly CCI improved slightly in July to indicate a more positive outlook among consumers, indicating that household spending could drive growth in the second half, though at least one economist has advised keeping an eye on the jobs figure and savings ratio for the medium term.

6 days ago

A security officer patrols the premises on Feb. 24, 2025, at the headquarters of state asset fund Daya Anagata Nusantara (Danantara) in Kebayoran Baru, South Jakarta.

Govt gives Danantara legal shield for loss-cutting decisions

A new regulation frees Danantara and its employees from all liabilities over any decisions made to minimize losses, provided they can demonstrate that the resulting losses were not caused by error or negligence.

6 days ago

US Federal Reserve Governor Michelle Bowman attends a “Fed Listens“ event at the Federal Reserve headquarters in Washington, DC, on Oct. 4, 2019.

US Fed official says jobs report confirms 'signs of fragility' in market

Michelle Bowman also made the case that price increases from President Donald Trump's sweeping tariffs this year will likely represent "a one-time effect."

6 days ago

A man adjusts a sign on April 26, 2024, at an electric vehicle charging station in Ternate, North Maluku.

Tech premium

EV users hit out at lagging infrastructure as charging woes mount

Consumers say EV brands like Wuling have vowed to build charging stations but missed their targets, sparking protests amid surging adoption and price wars.

1 week ago

A worker installs the battery of a Hyundai IONIQ 5 electric car on April 6, 2023, at the Hyundai Motor Manufacturing Indonesia (HMMI) assembly plant in Cikarang, West Java.

Markets premium

RI continues lithium hunt amid plan to boost Australian imports

Lithium, a key component in EV batteries, is the missing piece in Indonesia’s otherwise rich portfolio of battery materials, which already includes cobalt, nickel and manganese.

1 week ago

Trump demands CEO of US chip maker Intel resign 'immediately'

In a statement issued Thursday, Tan said the company was "engaged with the Trump administration to address the concerns raised and ensure officials "have the facts."

1 week ago

On the move: Motorists ride in front of the Merdeka Building on April 16 in Bandung, West Java.

Motorcycle sales skid in H1 due to weak demand, tougher credit

The Indonesia Motorcycle Show, scheduled for September, is expected to serve as a catalyst and lift overall industry sentiment.

1 week ago

A man walks beneath a concrete canopy of the Sentra Mulya Jaya low-cost apartment in Cipayung, East Jakarta, on Jan. 26, 2024.

Jakarta developers eye IPOs to raise funds for housing program

Regional association REI Jakarta has suggested property developers launch IPOs to raise fund's for the government's ambitious social housing program, calling the potential move a way for developers to increase their competitiveness as well as engage more substantially with the sector.

1 week ago

A worker looks for a fabric for dresses inside a store at a garment manufacturing unit in Noida, India, on Aug. 7, 2025.

Trump tariffs hit India's garment makers as US buyers say move production

To calm US customers' nerves, Pearl Global has offered to shift production to its 17 factories in Bangladesh, Indonesia, Vietnam and Guatemala to bypass the steep US levies on Indian imports.

1 week ago

A CN 235-220 test plane during a ground running test on Sept. 6, 2021, using BioAvtur J2.4 in Bandung, West Java.

Airbus partners with Indonesian researchers to develop biomass-based bioavtur

SAF currently produced from used cooking oil, waste palm oil and low-quality vegetable oils has limited production capacity due to competition with the food supply.

1 week ago

A woman walks past a screen displaying Japan's Nikkei share average outside a brokerage in Tokyo on July 8, 2025.

Markets

Japan index hits record high on earnings boost, other Asian markets ease

Japanese shares surged on Friday after positive earnings reports and expectations the US would remove overlapping tariffs on the country's goods, while shares were down in other Asian markets after a late retreat on Wall Street during the previous session.

1 week ago

A Statistics Indonesia (BPS) employee works in the 2020 population census call center room on Feb. 17, 2020, in Jakarta.

Researchers urge BPS to reveal details of GDP calculation

Economists from multiple research organizations have urged Statistics Indonesia (BPS) to reveal the calculation behind the recently released gross domestic product (GDP) data after growth far exceeded projections.

1 week ago

Log on: Cranes manage a cargo of logs on May 22, 2024, at Tanjung Emas Port in Semarang, Central Java.

ASEAN cracks under Trump’s ‘divide and conquer’ tariff

Experts have said there is little chance ASEAN could pursue joint arrangements like the EU, despite surface similarities between the two blocs.

1 week ago

SOEs to save Rp 8t from bonus, incentive cuts: Danantara

Danantara implemented the recent reform amid heightened scrutiny over SOE governance practices, following a wave of controversial political appointments to the board of commissioners.

1 week ago

Grounded response: President Prabowo Subianto (center) addresses a plenary cabinet meeting on Wednesdau at the State Palace in Jakarta. The President has emphasized that Indonesia’s national transformation strategy must be rooted in realism as it navigates escalating global conflicts and economic uncertainty.

Prabowo calls for ‘realism over theory’ amid US tariff threats

Despite earlier hopes that the 19 percent US tariff deal would tip the scales in Indonesia’s favor, it was later revealed that regional peers such as Malaysia, Thailand, the Philippines and Cambodia also received the same rate.

1 week ago

U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, D.C., U.S., February 13, 2025.

Regulations

Modi vows no compromise on farmers interests amid Trump's tariff salvo

"For us, our farmers' welfare is supreme," Modi said at an event in New Delhi. "India will never compromise on the wellbeing of its farmers, dairy (sector) and fishermen. And I know personally I will have to pay a heavy price for it," he said.

1 week ago

President Prabowo Subianto inaugurated the country’s first bullion banking service on Wednesday in a bid to capture more value from its vast gold reserves and accelerate growth. Southeast Asia’s largest economy is home to the world’s sixth-largest gold reserves, but much of its mined gold is stored overseas.

Legislator suggests gold export ban to boost bullion banking

Indonesia produces about 160 tonnes of gold annually but retains relatively little domestically.

1 week ago

Containers and cargo vessels are seen at sunset at a port in Lianyungang, Jiangsu province, China. Indonesia recorded the biggest trade surplus in nine years in July as exports rose for the third consecutive month while demand for imports remained weak amid the pandemic.

China's exports top forecasts as shippers rush to meet tariff deadline

China's exports to the US fell 21.67 percent last month from a year earlier, the data showed, while shipments to ASEAN rose 16.59 percent over the same period.

1 week ago

A worker feeds shrimps at Ujung Kulon Sukses Makmur Abadi, a shrimp farms company in Pandeglang, Banten, on July 29, 2025.