TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
Companies premium

Govt courts Bill Gates for Danantara board to anchor philanthropy push

The Gates Foundation has pitched a strategic collaboration with Danantara Trust, the philanthropic arm of Indonesia’s state asset fund, which is being set up to manage endowments and channel charitable grants.

3 months ago
Regulations premium

Govt bends local content rule to lowest level to spur domestic buys

Under the new rule introduced late last month, state institutions are permitted to buy domestic products with at least 25 percent local content instead of 40 percent previously. ...

3 months ago
Economy premium

Retailers push for cash transfers to boost household spending

Retail industry representatives have urged the government to hand out shopping vouchers to consumers to boost people's spending power and thereby stimulate economic growth. ...

3 months ago

The Latest

Markets

Stocks rally on US-China talks, China rate cut

US stock futures and Chinese markets rose on Wednesday, as investors cheered news of a meeting between top US and Chinese trade officials as a chance to tone down the tariffs, while China cut interest rates and vowed to support stock markets.

3 months ago
Markets premium

Industry, farmers lock horns on coconut export curb proposal to cool price

The proposal has drawn pushback from a farmers’ association, which says the current global price surge is a rare opportunity to maximize profits after years of depressed returns.

3 months ago
Economy

Standard Chartered supports PT Solusi Bangun Beton with digital payments platform

To overcome operational inefficiencies and data security risks, renowned building materials company Solusi Bangun Beton partnered with Standard Chartered to implement a digital payments platform that streamlines transactions and improves customer experience.

3 months ago
Economy premium

Reassessing local content policy: Balancing industrial growth and global competitiveness

The TKDN policy has become a strategic issue in Indonesia's economic development. On the one hand, it serves as a crucial tool for promoting national industrial growth. On the other hand, it can lead to inefficiencies and reduce the competitiveness of domestic industries.

3 months ago
Markets premium

Govt rice reserve hits new record high of 3.5m tonnes: Ministry

Record-high yields in the first four months of the year has helped expand the national rice reserve from 1.7 million to 3.5 million tonnes, inadvertently leading to a shortage of storage facilities but also creating an export opportunity.

3 months ago
Companies premium

Garuda Indonesia grounds 15 planes over maintenance, financial issues

One Garuda aircraft and 14 Citilink planes await heavy maintenance checks, which include comprehensive inspections and component replacements.

3 months ago
Markets premium

Indonesia looking to convert more debt to rupiah

Indonesia is looking to strengthen local currency usage in partnership with multilateral development banks (MDBs) amid global economic challenges and to support sustainable development.

3 months ago
Markets premium

Miners slam Chinese smelters for buying bauxite below benchmark price

This practice has pushed several miners out of business, according to the association, while others that have remained operational either have the large-scale capacity to do so or are simply operating to keep equipment running and preserve jobs.

3 months ago
Companies premium

SOEs may need to cut back on business trips, commissioners

State-Owned Enterprises (SOEs) Minister Erick Thohir says his office is exploring further budget cuts for SOEs by limiting business trips and reducing the number of executives.

3 months ago
Tech

OpenAI abandons plan to become for-profit company

OpenAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit, abandoning a contested plan to convert into a for-profit organization.

3 months ago
Economy premium

GDP growth drops below 5% in Prabowo’s first quarter

Economic growth in Prabowo Subianto’s first full quarter as president has touched the slowest pace since the coronavirus pandemic as the Ramadan boost failed to significantly jack up consumer spending and investors fretted about global uncertainty while government spending contracted.

3 months ago
Tech premium

Govt suspends Sam Altman’s biometric identity project over legal concerns

While the project is pitched as a tool to streamline digital verification and potentially offer users a new income stream, it has drawn criticism over concerns about biometric data collection.

3 months ago
Regulations premium

Govt to launch Soekarno-Hatta LCC only Terminal in Q1 2026

On the heels of Sunday's launch of the aiport's newly renovated haj terminal, the government has disclosed a plan to overhaul Terminal 1F to serve just low-cost carriers by the end of first quarter next year.

3 months ago
Economy

Indonesia annual Q1 GDP growth slowest in more than three years

The national economy grew 4.87 percent in the first quarter from a year earlier, its weakest growth rate in more than three years, official data showed on Monday, compared with a 4.91 percent growth rate expected by analysts in a Reuters poll.

3 months ago
Markets

'Bombshell' OPEC+ output hike hits oil price

Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, while Asian stocks treaded water in thin trade with major markets closed.

3 months ago
Markets

Dollar under water as surge in Taiwan dollar spills over

The dollar was losing ground again on Monday as a meteoric surge in its Taiwanese counterpart spilled over elsewhere, fueling speculation some Asian countries were prepared to engineer revaluations to win US trade concessions.

3 months ago
Regulations premium

New task force no guarantor of progress in coal retirement

The creation of a new task force signals growing government support for the early retirement of coal power plants, but experts warn the initiative may fail unless it is backed by strong political will and international funding.

3 months ago
Economy premium

Businesses fear new layoff task force could lead to criminalization

President Prabowo has promised to form a layoff task force to prevent arbitrary dismissals of employees and ensure companies adhere to fair labor practices, as demanded by workers attending the May Day rallies.

3 months ago
Markets

OPEC+ agrees another accelerated oil output hike for June

OPEC+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 barrels per day, the group said on Saturday, despite falling prices and expectations of weaker demand.

3 months ago
Tech

Apple eases App Store rules under court pressure

Apple on Friday relaxed its App Store payment rules in the face of a scathing court order, with Spotify quick to reap the benefit.

3 months ago
Regulations premium

Low earners may ‘lose out’ in expanded housing program

Experts are wary that the new regulation will put more pressure on already struggling low-income communities, as they will have to compete with individuals in the new higher-income brackets to secure affordable housing. 

3 months ago
Economy premium

PMI plunges deep into contraction territory amid US tariffs

Indonesia’s manufacturing Purchasing Managers’ Index (PMI), the key gauge of factory activity in the country, has touched its lowest point since the coronavirus pandemic.

3 months ago
Economy premium

Coffee, gold push up inflation to 1.95 percent in April

Higher demand for coffee and gold drove April's 1.95 percent rise in CPI, according to BPS, with the prices of the two commodities recording global highs in recent months due to external factors such as climate impacts and geopolitical tensions.

3 months ago
Companies

HFM looks to the future with new leadership

Many components contribute to the sustainability of a company, with innovation usually at the helm of success. Adaptability to changes in the market and consumer preference is the key for a company to be able to serve its growing base and secure its place in the future.

3 months ago
Companies premium

New benchmark pricing policy has led to customer loss, Antam tells House

At a meeting with House Commission XII broadcast live on Thursday, the Antam president director said its products had become unsellable because buyers balked at paying the government-mandated benchmark prices for minerals and coal.

3 months ago
Regulations

Apple CEO says most US iPhones to be 'sourced' in India

Apple expects US tariffs to cost $900 million in the current quarter, even though their impact was "limited" at the start of this year, chief executive Tim Cook said on an earnings call.

3 months ago
Economy

China 'evaluating' US offer to negotiate tariffs

The United States has approached China to seek talks over Trump's 145 percent tariffs and Beijing's door was open for discussions, the commerce ministry said.

3 months ago
Page: 21

Today's ePost

Sat, August 16, 2025

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.