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Jakarta Post
Economy premium

RI to ink tariff agreement with US this month

Jakarta and Washington are looking to sign a bilateral trade agreement by the end of October by ironing out details left open in a handshake deal announced in July. However, the US government shutdown has disrupted the talks.

4 days ago
Economy premium

Furniture makers expect decline in orders under new US tariffs

Local furniture makers and exporters are expecting US orders to decline over the next three to six months in light of additional duties on wood products that are set to take effect on Jan. 1. ...

5 days ago
Regulations premium

Govt hails WTO ruling for Indonesia in steel dispute with EU

In its ruling published on Oct. 2, the WTO has ruled in favor of Indonesia in its stainless steel dispute with the EU after finding that Brussels's countervailing measures were inconsistent with the trade body's SCM Agreement. ...

5 days ago

The Latest

Economy

US FDA slaps new requirements on RI shrimp, spices after radioactive contamination

The US Food and Drug Administration (FDA) announced new import certification requirements for shrimp and spices from Indonesia after cases of radioactive contamination were detected earlier.

5 days ago
Economy

French PM reportedly plans tax on people earning over 250,000 euros

French Prime Minister Sebastien Lecornu plans a tax targeting individuals with annual incomes of over 250,000 euros to try to win the Socialist opposition's backing for his government's 2026 state budget, financial daily Les Echos said on Saturday.

5 days ago
Markets

Shrimp industry suffers after radioactive case, association says

The shrimp was processed at an industrial estate near Jakarta that was later found to be contaminated with of Cesium 137 and the country's nuclear agency is seeking to pinpoint the size of the area affected.

6 days ago
Markets premium

Retail investors upbeat on twin rally of gold, stocks

Domestic investors are driving a stock market rally while riding a global gold price rally, a trend analysts tie to a combination of a weakening dollar and optimism over domestic pro-growth policies.  

6 days ago
Tech premium

Govt, property startup push rent-to-own for priced-out middle class

For many aspiring homeowners, a rent-to-own scheme is being hailed as a lifeline to homeownership, but they stressed that the scheme will only succeed if the monthly payments remain truly affordable.

6 days ago
Tech

Govt suspends TikTok registration over data sharing failures, ministry says

The government has suspended TikTok's registration to provide electronic systems after the company failed to hand over all data relating to the use of its live stream feature, a government official said on Friday.

6 days ago
Companies premium

Arsjad Rasjid launches equity firm, links up with Danantara

The former Kadin chief's new equity firm, Sriwijaya Capital, aims to bring Southeast Asian opportunities to the Gulf and vice versa as part of its broader mission to support the government's "Indonesia Inc" intitiative.

1 week ago
Regulations premium

RI chides EU over refusal to accept WTO biofuel ruling

The government has lambasted the European Union’s decision to appeal a World Trade Organization (WTO) ruling supporting Indonesian biodiesel exports, arguing that the move went against the spirit of freshly elevated economic ties.

1 week ago
Regulations premium

Layered taxes undercut RI’s downstream ambitions, ministry says

However, Finance Minister Purbaya Yudhi Sadewa has raised objections to the tax amnesty policy, arguing that it would not encourage businesses to become compliant taxpayers, as they would simply expect repeated leniency.

1 week ago
Economy

Danantara to deploy $10b in first three months, CIO says

Among its early projects are a Haj village in Saudi Arabia, upstream energy ventures with Pertamina and waste-to-energy plants in Indonesia.

1 week ago
Companies premium

Fuel retailers reject Pertamina's offers amid stock crunch

Major private fuel retailers face supply shortages after rejecting an offer to purchase base fuel from state-owned energy giant Pertamina over its ethanol content.

1 week ago
Regulations premium

House passes SOE Law, downgrading ministry into regulatory body

Under the new structure, BP BUMN will act as the sector’s regulatory agency, while Danantara will serve as the executor in charge of around 1,000 state firms and as guarantor for investment holdings.

1 week ago
Economy

Global Oil Palm Industry Experts to Converge at Malaysia’s PIPOC 2025

Malaysia will once again take centre stage in the global palm oil industry as it hosts the prestigious Malaysian Palm Oil Board International Palm Oil Congress and Exhibition (PIPOC 2025) from 18 to 20 November at the Kuala Lumpur Convention Centre (KLCC). The biennial event, organised by the Malaysian Palm Oil Board (MPOB) the nation’s leading oil palm research and development agency under the Ministry of Plantation and Commodities (KPK), is among the world’s largest platforms for knowledge exchange and innovation in the sector.

1 week ago
Tech premium

BI to link QRIS with Alipay, WeChat standards in China push

BI noted that harmonizing policies remained the main challenge in implementing cross-border QR payment initiatives abroad, noting that many countries, including China, had no unified standards.  

1 week ago
Regulations premium

Danantara raises Rp 50 trillion through patriot bonds, eyes project tenders this month

Danantara has raised Rp 50 trillion through its first so-called patriot bond, with part of the proceeds earmarked for renewable energy and waste-to-energy projects. The company expects to launch initial tenders by the end of October.

1 week ago
Companies

No supply disruptions after fire at Dumai oil refinery, Pertamina says

State energy firm Pertamina will divert fuel to supply some areas on Sumatra following a fire at its Dumai refinery, a company official said on Thursday, adding there were no supply disruptions.

1 week ago
Companies

US offers to buy stakes in Australian critical minerals companies

The US government has offered to buy equity in Australian critical minerals companies as part of a funding package to expand its supply and cut its reliance on China, executives recently returned from Washington said.

1 week ago
Tech premium

Data center players push for stricter backup, battery safeguards after Korea fire

Indonesia has also faced major disruptions, such as the 2021 fire at Jakarta’s Cyber 1 building, which temporarily shut down e-commerce platforms and payment gateways.

1 week ago
Economy premium

Exports of manufactured goods push trade surplus to highest in years

Indonesia has achieved the highest trade surplus in years thanks to soaring exports of manufactured goods as traders sought to place orders ahead of rising United States import tariffs.

1 week ago
Economy premium

Gold price spike lifts inflation to 2.65 percent in September

Rice, traditionally a major driver of inflation, provided relief in September, with prices falling for the second time this year after a decline in April.

1 week ago
Economy premium

Factory activity cools in September on softer production

Indonesia’s manufacturing PMI reached 50.4 in September, marking the second straight month to remain above the 50-point threshold, reflecting the general trend across Southeast Asia.

1 week ago
Companies premium

Finance minister slams ‘lazy’ Pertamina over refinery development delays

The newly installed finance minister has taken the state-owned energy giant to task for failing to develop any new refineries in the seven years since it pledged to build seven such facilities, burdening the state budget and dragging the government's energy independence efforts.

1 week ago
Economy premium

ASEAN businesses remain resilient but urge structural change

A survey from Boston Consulting Group (BCG) reveals that firms in Southeast Asia are sending a clear signal: what they need now are structural interventions at the regional level, not short-term relief.

1 week ago
Markets

Stocks retreat, gold hits record as US government shutdown begins

Wall Street futures slipped, gold struck a record high and Asian stocks wavered on Wednesday, as the deadline passed for a US government shutdown that is expected to delay the release of crucial jobs data and muddy the interest rate outlook.

1 week ago
Economy

US government lurches toward shutdown, Trump threatens fresh cuts

The US lurched toward a government shutdown on Tuesday as a vote to extend funding past a midnight deadline failed in the US Senate and President Donald Trump threatened to extend his purge of the federal workforce.

1 week ago
Regulations premium

Tapera in limbo after Constitutional Court strikes down law

The Public Housing Savings (Tapera) program is in limbo after the Constitutional Court struck down its legal basis, with judges declaring compulsory contributions from all workers and employers an unfair burden on both.

1 week ago
Companies premium

Antam still leans on imports as gold demand surges at home

Amid limited output and dwindling reserves, the state-owned gold miner is still importing the precious metal as demand surges and it develops its minting plant in Gresik.

1 week ago

Today's ePost

Fri, October 10, 2025

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