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Jakarta Post
Markets premium

Govt to issue bonds for 3 million homes program, Sri Mulyani says

The Finance Ministry has announced a new housing bond to help finance the government's 3 million affordable homes program as a "modification" of the FLPP mortgage facility launched in 2021.

7 months ago
Companies premium

Toyota eyes Indonesia as Global South manufacturing hub, Hashim says

PT Toyota Motor Manufacturing Indonesia (TMMIN) exports cars to nearly 100 countries.  ...

7 months ago
Companies premium

OJK strips state-owned insurer Jiwasraya of business license

The OJK has revoked the business license of PT Asuransi Jiwasraya, effective on Thursday, in the latest development related to an ongoing graft probe into the state-owned life insurance firm. ...

7 months ago

The Latest

Economy

EU seeks more US gas, renewable energy to replace Russian supplies

The European Union will seek more gas from countries including the United States to replace Russian supplies, and expand renewable energy faster to cut its overall reliance on the fuel, the EU's energy commissioner has said.

7 months ago
Markets

Fed officials flag inflation risks but still see room for rate cuts in time

Federal Reserve officials are taking note of what they see as rising inflation risks and the uncertain impact of President Donald Trump's trade, immigration and other policies.

7 months ago
Economy premium

Construction SOEs face steeper climb to recovery amid budget cuts

Analysts have warned that the situation may deteriorate further this year following the government’s decision to slash infrastructure spending, typically the sector’s main revenue source. They argue that consolidation among these firms is now more urgent than ever.

7 months ago
Economy

Trump says trade deal with China 'possible'

In 2020, the United States had already agreed to "a great trade deal with China" and a new deal was "possible," Trump told reporters.

7 months ago
Companies premium

Electric equipment maker Sanken to close Cikarang factory in June

PT Sanken Indonesia, a subsidiary of Japan-based electronic equipment manufacturer Sanken Electric Co. Ltd., plans to close its MM2100 factory in Cikarang, West Java, in June, a government official has said.

7 months ago
Economy

Trump adds lumber to list of goods facing tariffs over 'next month or sooner'

US President Donald Trump said on Wednesday he will announce fresh tariffs over the next month or sooner, adding lumber and forest products to previously announced plans to impose duties on imported cars, semiconductors and pharmaceuticals.

7 months ago
Markets

Asian markets drop as Fed flags concern over Trump policies

Asian markets turned negative Thursday amid Federal Reserve concerns that US President Donald Trump's tariffs and immigration measures could reignite inflation.

7 months ago
Companies premium

Govt to hike copper export levy after Freeport smelter fire

The government will slap a higher export tax on future copper shipments by PT Freeport Indonesia (PTFI) after a fire late last year halted operations at its new smelter in Gresik, East Java.

7 months ago
Economy premium

Brutal budget cuts ‘preferable’ to increased debt

The government’s massive budget cuts to fund the free meals program and shower the sovereign wealth fund with cash has garnered a mixed reception from economists, who say the cuts may be overly drastic but still preferable to issuing more debt.

7 months ago
Regulations premium

BI keeps rates unchanged, sees only one Fed cut this year

Bank Indonesia (BI) has kept its key interest rate unchanged and expects just one cut in the US Federal Reserve’s (Fed) benchmark rate this year.

7 months ago
Tech premium

Indonesia to build AI chatbot modeled on China’s DeepSeek: Luhut

Built by young local developers, the AI model will be cost-effective, Luhut noted, since DeepSeek was open source.

7 months ago
Economy

Trump says US auto tariffs to be around 25%

US President Donald Trump expanded his offensive against trading partners on Tuesday, threatening 25 percent tariffs on imported cars, and similar or higher duties on pharmaceuticals and semiconductors.

7 months ago
Regulations premium

Developers complain over lack of clarity in housing program

Real Estate Indonesia (REI) central board chairman Joko Suranto says a lack of details on the program run by the Public Housing and Settlements Ministry is causing instability in the country’s property market.   

7 months ago
Companies premium

Freeport ‘ready’ to export 1.3m tonnes of copper concentrate this year

PT Freeport Indonesia president director Tony Wenas says his company is ready to export 1.3 million tonnes of copper concentrate worth an estimated $5 billion this year.

7 months ago
Markets

Asian stocks stutter as Trump's tariff vows weigh

Asian stocks wavered on Wednesday after the S&P 500 and European shares ended at record highs, in the face of US President Donald Trump's latest tariff threats on auto, semiconductor and pharmaceutical imports.

7 months ago
Companies premium

Navigating new energy directions: Security versus sustainability

The challenge for Prabowo’s administration is determining how to transition away from coal without disrupting energy security.

7 months ago
Markets premium

Philippines’ planned nickel ore export ban raises concerns for RI smelters

Indonesia imported over 10.47 million tonnes of nickel ore last year. Some 97 percent was procured from the Philippines.

7 months ago
Companies premium

Danantara to partner with UAE to develop 10 GW renewable energy, Luhut says

Danantara has the authority to set up joint ventures with any company, National Economic Council (DEN) head Luhut Pandjaitan said on Tuesday.

7 months ago
Companies premium

Govt forms investment holding company for raw EV battery materials

The State-Owned Enterprises (SOEs) Ministry has transformed PT Indonesia Battery Corporation (IBC) from a project development company into an investment holding company.

7 months ago
Regulations premium

New export revenue rules to tackle transfer pricing, Airlangga says

According to the senior economy minister, the new policy requiring businesses to park 100 percent of their forex earnings domestically for at least one year aims to curb transfer pricing, while the President said it would boost the country’s forex reserves and ensure that its natural resources benefited the people.

7 months ago
Markets

Tech rally helps Hong Kong lead Asian markets higher

Hong Kong resumed its tech-led rally on a healthy day for Asian markets Tuesday as a meeting between President Xi Jinping and China's top business leaders fanned hopes that a years-long crackdown on the private sector is coming to an end.

8 months ago
Economy premium

Exports of steel, CPO, other commodities plunge in January

Shipments of key Indonesian export commodities including iron and steel as well as crude palm oil (CPO) declined sharply in January, and economists project worse to come as higher US import tariffs hit global trade.

8 months ago
Economy premium

RI milk deficit may swell to 8.5m tonnes due to free meals program: Minister

Agriculture Minister Andi Amran Sulaiman said on Friday that domestic milk production could only cover around 20 percent of national demand, leaving the country to face a 4.9 million tonnes deficit.

8 months ago
Markets

IDX Composite jumps 2.9% as banking stocks rally

The IDX Composite surged 2.9 percent on Monday, driven by gains in banking stocks as investors anticipated dividend announcements from state-owned banks.

8 months ago
Tech premium

Canada ready to support RI in nuclear energy development

Canadian Minister of International Development Ahmed Hussen has conveyed his country’s interest in supporting nuclear energy development in Indonesia.

8 months ago
Regulations premium

Prabowo to fund $20 billion Danantara with budget cuts, SOE dividends

The fund’s immediate priority would be kickstarting 15 multibillion-dollar megaprojects without tapping external financing, according to the President, such as renewable energy, advanced manufacturing, downstream industries and food production.

8 months ago
Regulations

Prabowo says new export measure to add $80b to forex reserves

President Prabowo Subianto on Monday signed a regulation requiring exporters of resources other than oil and gas to hold all proceeds locally for at least a year, which he said would add US$80 billion to the country's forex reserves.

8 months ago
Page: 48

Today's ePost

Sat, October 18, 2025

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