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Jakarta Post
Tech premium

Who stands to win or lose when Grab takes over Gojek

Analysts say a merger is increasingly likely. While institutional backers set to gain, millions of drivers and retail investors will likely lose out.

2 weeks ago
Economy premium

Retail sales barely grow despite Idul Fitri boost

Respondents to the survey said they were more optimistic about the outlook for the next three to six months, as they expect sales to increase in May and August thanks to Independence Day on Aug. 17. ...

2 weeks ago
Tech

Europe seeks to break its US tech addiction

Tech sovereignty has been front and center for weeks: the European Union unveiled its strategy to compete in the global artificial intelligence race and is talking about its own payment system to rival Mastercard. ...

2 weeks ago

The Latest

Tech premium

Govt to classify ride hailing drivers as micro business

The Indonesian Transport Workers Union (SPAI) said on Wednesday that it opposed the plan, stressing that it preferred that ride-hailing drivers be classified as employees  

2 weeks ago
Economy premium

Businesses fret over rising shipping costs amid US-China trade war

If China exports fewer goods to the US, he said, there will be fewer containers in the trade path between the two countries, which would reduce the availability of containers for shipments to other destinations.

2 weeks ago
Economy

China Q1 GDP growth beats expectations, but US tariff shock dims outlook

President Donald Trump has ratcheted up tariffs on Chinese goods to eye-watering levels, prompting Beijing to slap retaliatory duties on US imports in an intensifying trade war between the world's two biggest economies that markets fear will lead to a global recession.

2 weeks ago
Economy

Apical optimistic about fulfilling 2030 sustainability targets

Leading vegetable oil processor Apical is optimistic about its sustainability achievements as it reaches the halfway point of its Apical2030 sustainability commitment.

2 weeks ago
Companies premium

Reconsidering strategies to achieve 8% economic growth

The objective of raising economic growth from 5% to 8% involves shifting the long-term economic growth trajectory by enlarging economic production capacity and enhancing technology adoption, while improving labor and capital productivity.

2 weeks ago
Economy premium

RI delegation jets off to Washington for tariff negotiations

The US is Indonesia’s second largest export market after China. Experts have warned US trade policy could weigh on the archipelago’s gross domestic product growth and to some extent lead to layoffs in impacted industries.

2 weeks ago
Regulations

China orders halts to Boeing jet deliveries

Beijing has also asked that Chinese carriers halt any purchases of aircraft-related equipment and parts from US companies, the Bloomberg report said. 

2 weeks ago
Economy premium

Consumer confidence sinks to five-month low as economic anxiety grows

Consumer confidence continued its downward trend in March, falling for the third consecutive month and hitting its lowest since October 2024.

2 weeks ago
Economy premium

Govt to employ jobless, retirees in village cooperatives program

The government seeks to ask unemployed graduates to return to villages, who would later be provided with training.

2 weeks ago
Companies premium

Pertamina aviation fuel sales dip as ‘mudik’ travel declines

This occurred despite the government moving to lower airline ticket prices in a bid to prop up air travel demand.

2 weeks ago
Economy premium

US tariffs spark layoff concerns, risk expanding informal sector

Before the world felt the blow from US tariffs, there were an estimated 80,000 layoffs in Indonesia last year, according to official data from the Manpower Ministry. The ministry also estimated another 18,610 workers were laid off during the first two months of this year

2 weeks ago
Companies

UK confident of keeping British Steel going after taking control

Britain expressed confidence on Monday of securing enough raw materials to keep the blast furnaces at its last maker of virgin steel burning, after the government seized operational control from its Chinese owners.

2 weeks ago
Companies premium

Hotels see revenue decline amid budget cuts: Survey

In a survey involving 717 hotels across 30 provinces, more than 30 percent of respondents reported revenue losses of more than 40 percent in January compared to the same month last year.  

2 weeks ago
Markets premium

Danantara to start investing by the end of this month

Danantara chief investment officer Pandu Sjahrir said on Monday that the fund is ready to become a “liquidity provider” to Indonesia’s capital market.

2 weeks ago
Regulations premium

Govt to lift Nusantara spending freeze, minister says

Public Works Minister Dody Hanggodo said the government would lift a temporary freeze on funding for national strategic projects, including those earmarked for the future capital city Nusantara in East Kalimantan.

2 weeks ago
Tech premium

Tech industry pushes back against plan to relax local content rules

Compliance with the regulation has often been cited as a barrier for businesses, as it forces companies to pour significant capital into local production infrastructure or partner with domestic suppliers to source their inputs locally, which can be more costly.

2 weeks ago
Economy

China's March exports jump in temporary boost as Trump 2.0 heaps pressure

China's exports rose sharply in March after factories rushed out shipments before the latest US tariffs took effect, but an escalating Sino-US trade war has darkened the outlook for factories and growth in the world's second-biggest economy.

2 weeks ago
Economy premium

Hit hard by tariffs, textile makers want to ramp up US cotton imports

Diversifying exports to countries beyond the US is unfeasible in the short term because of either limited market demand or intense competition from local players in target countries.

2 weeks ago
Economy

Indonesia palm oil firms eye new markets as US trade war casts shadow

Indonesian palm oil companies are seeking new markets in Europe, Africa and the Middle East as they try to protect themselves from the impact of Donald Trump's trade war, a top industry executive told AFP.

2 weeks ago
Regulations

US exempts tech imports in tariff step back

The move came as retaliatory Chinese import tariffs of 125 percent on US goods took effect Saturday, with Beijing standing defiant against its biggest trade partner.

2 weeks ago
Companies premium

Meikarta consumers can claim full refund on stalled units, govt says

Consumers can receive their preferred compensation of either a full refund or a replacement unit in finished apartment towers.

2 weeks ago
Economy

Taiwan says first tariff talks held with US

The two sides "exchanged views on Taiwan-US reciprocal tariffs, non-tariff trade barriers, and a number of other economic and trade issues including export controls".

2 weeks ago
Companies premium

New airlines’ entry a gamble in domestic market headwind

The government has long sought after new airlines, hoping to improve competition and lower airfares in the country’s duopoly aviation market. Flag carrier Garuda Indonesia and Lion Air are estimated to serve between 70 and 80 percent of domestic passengers annually.

2 weeks ago
Economy premium

Govt wants to bump up gas imports from US

Indonesia is considering to boost imports of liquefied petroleum gas (LPG) and liquefied natural gas (LNG) from the United States, but experts urge caution to avoid harming local industries and stress prioritizing long-term national interests over trade pressure.

2 weeks ago
Regulations

Apple’s iPhone 16 hits Indonesia stores after monthslong ban

The marketing and sale of iPhone 16 models was prohibited by the government in October over Apple’s failure to meet regulation requiring that 40 percent of smartphone components be made from local parts.

2 weeks ago
Economy

WTO chiefs past and present demand rapid reform to keep global free trade alive

A former World Trade Organization boss has said the future terms of global trade, rocked by US President Donald Trump's sweeping protectionist tariffs, could be decided outside the 30-year-old international watchdog unless it reforms itself fast.

2 weeks ago
Regulations premium

Bapanas defends Prabowo’s order to remove import quotas

The National Food Agency (Bapanas) has defended President Prabowo Subianto’s instruction to remove import quotas, arguing the move will not hurt domestic producers.

2 weeks ago

Today's ePost

Wed, April 30, 2025

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