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Jakarta Post
Companies premium

VinFast-linked EV taxi firm vows ‘transparency’ over train crash probe

Transportation experts said the EV taxi stalling on the level crossing, which triggered the subsequent tragic events, may have been caused by various factors, including human error or activation of the vehicle’s safety system.  

4 months ago
Economy premium

Prabowo breaks ground on second batch of downstream projects worth $7.2b

Among the key downstream projects launched on Wednesday is the development of gasoline refinery facilities in Cilacap, Central Java, and Dumai, Riau, each with a processing capacity of 62,000 barrels per day (bpd). ...

4 months ago
Companies premium

KAI, PLN to break ground on railway electrification project in May

The state-owned railway operator and state-owned electricity company are slated to begin work in May on a nationwide project to expand railway electrification, with routes extending from Jakarta to nearby Banten and West Java.   ...

4 months ago

The Latest

Economy premium

Govt exempts LPG, plastic precursors import duties amid supply strains

The government has been scrambling since earlier this month to secure supplies of naphtha, a raw material used to produce plastic, from alternative sources such as African countries, India and the United States.

4 months ago
Tech

EU countries, lawmakers fail to reach deal on watered-down AI rules

EU countries and European Parliament lawmakers failed to reach a deal on watered-down landmark artificial intelligence rules after 12 hours of negotiations on Tuesday and will resume talks next month.

4 months ago
Tech

QRIS & content: A lifeline for MSMEs

With over 43 million merchants connected to the Quick Response Code Indonesian Standard (QRIS) payment system as of January, digitalization now defines the identity of today's tech-savvy market traders, moving beyond large corporations.

4 months ago
Regulations premium

Govt struggles to find land for solar power program

Unwieldy terrain, unresolved land acquisition and operational limitations of village cooperatives threaten to slow down Indonesia's push to develop 100 gigawatts of solar power capacity in remote regions.

4 months ago
Markets

Inflation fears send euro zone yields to multi-week highs

Euro zone bond yields hit multi-week highs on Tuesday after a survey showed euro zone consumers expecting higher inflation, prompting markets to raise the likelihood of a hike in interest rates by the European Central Bank in the coming months.

4 months ago
Companies

GHD launches Indonesia office to tap wider market

The company's key areas of focus in Indonesia include energy, resources, water and environment. 

4 months ago
Markets premium

IDX trails Asian markets amid MSCI concerns, global risks

The index has fallen 18.21 percent from its position at the start of the year, when the market closed on Tuesday, marking the steepest decline among Asian bourses.  

4 months ago
Economy premium

Bulog warns of tightening supply of subsidized cooking oil

State logistics agency Perum Bulog has warned of limited availability of subsidized cooking oil Minyakita in several regions, citing a lack of fresh supply from producers as a key constraint in getting the product to traditional markets.    

4 months ago
Tech

Australia aims to tax tech giants unless they pay news outlets

Prime Minister Anthony Albanese said tech giants Meta, Google and TikTok would be given a chance to strike content deals with local news publishers.

4 months ago
Economy premium

Govt eyes natural gas as LPG alternative amid supply strains

Compressed natural gas (CNG) feedstock, mainly methane and ethane, is more readily available domestically, potentially reducing reliance on costly imported fuels. 

4 months ago
Regulations premium

Govt mulls requiring companies to help fund internship stipends

Around Rp 1 trillion is set to be allocated this year for the national internship program, as the government aims to widen its reach.

4 months ago
Markets

Crude extends gains as Trump considers latest Iran proposal

Oil prices edged up and stocks wavered Tuesday as Donald Trump weighed an Iranian proposal that would reportedly re-open the Strait of Hormuz and end the eight-week-old war.

4 months ago
Regulations premium

Palm oil smallholders cry foul over planned water tax

A proposal to impose a surface water tax (PAP) on oil palms at Rp 1,700 (10 US cents) per tree per month has sparked fierce opposition from smallholder farmers in Riau.

4 months ago
Economy premium

Local pulp producer braces for mass layoffs after permit revocation

Up to 80 percent of Toba Pulp Lestari’s workforce of more than a thousand employees may be affected after the government revoked its forest concession permit over environmental violations.

4 months ago
Economy premium

Govt aims for 5.7 percent GDP growth in second quarter

The government believes it can push gross domestic product growth beyond the typical 5 percent rate in the second quarter despite unfavorable external conditions.

4 months ago
Regulations

China vows countermeasures if EU enacts 'Made in Europe' plan

The EU unveiled in March new "Made in Europe" rules for companies trying to access public funds in strategic sectors including cars, green tech and steel, obliging firms to meet minimum thresholds for EU-made parts.

4 months ago
Executive Column premium

Executive Column: Bluebird stays course amid rising fuel costs, stiffer competition

Bluebird CEO Adrianto Djokosoetono spoke to The Jakarta Post’s Ni Made Tasyarani about how the company is navigating headwinds over rising fuel costs while trying to preserve customers’ purchasing power.

4 months ago
Markets

Chips carry stocks higher; oil jumps on stalled peace talks

Oil climbed on Monday as stalled US-Iran peace talks prolonged the disruption of Middle East energy exports, while renewed excitement about artificial intelligence spending drove up chip stocks at the beginning of a week where war, central banks and tech earnings are in focus.

4 months ago
Regulations premium

‘This is the right time’: Trade minister defends Indonesia-US tariff deal

Trade Minister Budi Santoso has defended the government’s decision to pursue a trade agreement with the United States, known as the Agreement on Reciprocal Trade (ART), which has been criticized for placing Indonesia in an unequal position with the world’s largest economy.

4 months ago
Economy premium

Danantara eyes $30b solar project on power exports to Singapore

The state asset fund is eyeing a US$30 billion renewable energy project that will export power to Singapore as well as supply the national grid, but licensing and funding issues related to a prior solar farm deal continues to cast a cloud of uncertainty among investors.

4 months ago
Tech

DeepSeek unveils new AI model tailored for Huawei chips

The close collaboration with Huawei on the new model, the V4, contrasts with DeepSeek's past reliance on Nvidia's AI chips.

4 months ago
Economy

Forecast for strong El Nino fans worries about global crops as Iran war bites

"The last time we saw similar signals was during the severe 2015 to 2016 El Nino," a meteorologist has said.

4 months ago
Economy

EU, US sign critical minerals plan to counter China reliance

An action plan said that the EU and US would explore setting minimum prices on critical minerals, effectively preventing China or other outside powers from flooding the market with inexpensive exports.

5 months ago
Companies

Google to invest up to $40 billion in AI rival Anthropic

The investment comes just days after e-commerce giant Amazon said itwill invest up to $25 billion in the artificial intelligence (AI) startup.

5 months ago
Regulations

US imposes sanctions on Chinese refinery for buying Iranian oil

Sanctions experts have long said, however, that the independent refineries are somewhat immune to the full effect of US sanctions as they have little exposure to the US financial system.

5 months ago
Regulations premium

Govt backtracks on EV taxation as adoption rises

The latest ministerial regulation appears to be the final blow to the remaining support for the EV industry, which had been showing signs of taking off in Indonesia. 

5 months ago
Economy premium

Investment growth cools as global turmoil hurts investor appetite

Foreign direct investment (FDI) reached Rp 250 trillion in Q1 2026, rising 8.5 percent year-on-year, although it slightly declined compared with Rp 256 trillion in the previous quarter.

5 months ago
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