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Jakarta Post
Economy premium

Choosing a better path for tobacco excise

The country needs to shift from its complex, nine-tier excise system to a simplified, uniform excise rate, complemented by a funding mechanism and training program that protects livelihoods.

1 week ago
Economy premium

EU, RI to ‘soften’ nontariff barriers thanks to CEPA, says Trade Minister

The EU Deforestation Regulation (EUDR), which will tighten rules on trading commodities associated with deforestation, was among the EU policies that could be addressed by virtue of the provision. ...

1 week ago
Economy premium

Prabowo rolls out 26,000 subsidized homes amid sluggish program

Finance Minister Purbaya Yudhi Sadewa warned that he would pull FLPP funds if the Housing Ministry failed to fully absorb them for the subsidized housing program.   ...

1 week ago

The Latest

Economy

Vance says US 'headed to a shutdown' after meeting with Democrats

US President Donald Trump and his Democratic opponents appeared to make little progress at a White House meeting aimed at heading off a government shutdown that could disrupt a wide range of services as soon as Wednesday.

1 week ago
Markets

Asian shares, gold rise on US shutdown watch; crude falls

Shares in Asia edged higher and gold continued its record climb on Tuesday as markets weighed prospects for a US government shutdown that would delay closely watched jobs figures.

1 week ago
Companies premium

Copper producers await extension of concentrate export permits

Indonesia's major copper producers are in talks with the government over export permits, as officials work to balance downstream ambitions with the practical challenges of smelter operations.

1 week ago
Regulations premium

Fishermen call for clearer $2.9b vessel upgrade program

President Prabowo Subianto previously announced the plan as part of his administration’s economic stimulus package, which includes repairing 1,000 vessels of 30 GT and larger vessels of up to 2,000 GT for state-owned enterprises.

1 week ago
Economy premium

RI to establish methanol, ethanol factories to curb imports

The government has announced that "several projects" are in the pipeline to produce the two alcohols for its biofuel programs, as part of the broader national aim to achieve energy and food security.

1 week ago
Tech premium

Authorities detain ex-Investree CEO over $165m fraud probe

Authorities tracked Adrian Gunadi to Doha, where he had been living as a permanent resident, after he fled Indonesia during the investigation.

1 week ago
Markets

Shares edge higher in Asia, dollar dips as US government risks shutdown

Most share markets rose in Asia on Monday while the dollar eased as investors braced for a possible shutdown of the US government, which would in turn delay publication of the September payrolls report and a raft of other key data.

1 week ago
Economy premium

EU appeals ‘into the void’ WTO ruling on RI biodiesel exports

The European Union plans to appeal a World Trade Organization ruling against Brussels’ import duties imposed on biodiesel from Indonesia, meaning the case is set to remain in limbo at the WTO’s paralyzed Appellate Body.

1 week ago
Regulations premium

Rushed SOE Law revision stops short of improving governance

If passed in the coming days, the amendment would “effectively dissolve” the ministry and replace it with the new agency, although its duties would remain “largely the same,” the government stated.

1 week ago
Economy premium

Gaikindo pushes for stimulus, govt weighs vehicle tax cut

An automotive industry executive says quick policy intervention is needed to stimulate demand in the lackluster car market.

1 week ago
Economy premium

Golden Visa investment hits Rp 48 trillion, govt says

Indonesia has generated Rp 48 trillion (US$2.86 billion) worth of investment in connection with the issuance of the Golden Visa, a special residency permit introduced last year to invite foreign investors to the country.  

1 week ago
Companies

US permits Boeing to resume certifications on some planes

The US-based airplane manufacturer had previously been granted authority for the certificates, but the FAA removed the power following deadly crashes as well as production and safety problems involving Boeing jets.

1 week ago
Tech

Facebook, Instagram to offer paid ad-free UK subscriptions

The US tech giant said the move comes "in response to recent UK regulatory guidance," noting that the subscription model gives users a choice over whether to allow personalized ads.

1 week ago
Economy premium

Fresh grads pin hopes on new internship program amid poor job prospects

With few vacancies on offer, young Indonesians are looking to enter the jobs market through the government’s new internship program, but will they find permanent employment at the end of it?  

1 week ago
Economy premium

Oil palm farmers’ woes over land, replanting overshadow EU trade deal

Representing 40 percent of total plantation area, their challenges could limit the country’s ability to seize the export opportunities offered by the Comprehensive Economic Partnership Agreement (IEU-CEPA).

2 weeks ago
Regulations

Govt did not order state banks to raise dollar deposit rate: Finance minister

Finance Minister Purbaya Yudhi Sadewa said on Friday he did not instruct state banks to raise their United States dollar deposit rate to 4 percent, and that the government was still considering what incentives to offer to bolster the domestic US dollar supply.

2 weeks ago
Regulations premium

Govt puts PLN in charge of cross-border electricity trade

New regulation effectively designates state-owned electricity utility PLN as the sole aggregator for electricity imports and exports.

2 weeks ago
Companies premium

Freeport sees copper, gold output plunge after Grasberg landslide

The company has outlined a phased restart strategy for the mine, with full recovery to pre-incident operating rates targeted for 2027.

2 weeks ago
Economy

Trump slaps fresh US tariffs on heavy trucks, drugs and furniture

President Donald Trump on Thursday unveiled a fresh round of punishing tariffs on a broad range of imported goods, including 100 percent duties on branded drugs and 25 percent tariffs on heavy-duty trucks, set to come into force next week.

2 weeks ago
Economy premium

I-EU CEPA opens door to EU but small businesses will struggle to enter

Duty-free access to the European Union market is supposed to help Indonesian micro, small and medium enterprises (MSMEs), but trade associations doubt it will be a panacea for boosting exports without tackling costs, compliance and capacity.

2 weeks ago
Economy premium

RI, Canada ink trade pact amid US pressure

The CEPA, set to take effect in 2026, is expected to create a more predictable environment for investment in critical sectors such as clean technology, critical minerals and financial services.

2 weeks ago
Regulations premium

SOEs Ministry to be downgraded to agency under new bill

The proposal is part of a broader set of revisions to the SOEs Law, which is included in the 2025 Priority Legislative Program (Prolegnas).

2 weeks ago
Economy

Hong Kong, Sri Lanka, Chile and Bangladesh seeking to join RCEP

The RCEP currently consists of China, Japan, South Korea, Australia, New Zealand and all ten members of the Association of Southeast Asian Nations. 

2 weeks ago
Regulations premium

Govt launches new subsidy scheme to boost 3 million homes program

The Finance Ministry has introduced a new subsidy scheme as the government struggles to make headway on its plan to build or renovate 3 million homes a year.

2 weeks ago
Economy premium

INA seals $594m financing deal with Canada’s state lender

EDC allocated financing for Indonesia’s sovereign wealth fund, particularly for projects in priority sectors such as infrastructure, cleantech, renewable energy, as well as agriculture and food.  

2 weeks ago
Tech

Apple asks EU to scrap landmark digital competition law

Apple asked the European Union to scrap its landmark digital competition law on Thursday, arguing that it poses security risks and creates a "worse experience" for consumers.

2 weeks ago
Economy premium

WTO insists on its relevance despite rising protectionism

The World Trade Organization continues to play an important role in global trade despite its reduced ability to settle disputes between countries in an increasingly protectionist world.

2 weeks ago

Today's ePost

Fri, October 10, 2025

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