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Jakarta Post
Economy

US Fed raises inflation outlook over 'uncertain' Iran war impact

Interest rates were kept steady at a range of 3.50 percent to 3.75 percent, with officials flagging one expected cut by the end of the year.

3 weeks ago
Markets

Iran's huge Gulf gas field is struck in major escalation

Iran's huge Pars gas field was hit on Wednesday in the first reported strikes on Iranian energy infrastructure in the Gulf during the US-Israeli war, a major escalation that prompted Tehran to warn its neighbors to evacuate their energy installations. ...

3 weeks ago
Regulations premium

Transit flights culprit behind high ‘mudik’ fares, govt says

Some online travel agents have stepped in line with the government's calls for clearer information on ticket availability and transit flights, especially those with overseas layovers, to help mudik travelers reach their holiday destinations. ...

3 weeks ago

The Latest

Regulations premium

Indonesia puts off ratifying ART as US opens trade probes

The government is focusing on gathering data and evidence for its rebuttal strategy against the USTR's new Section 301 probes into unfair trade practices, which are racing toward a July deadline, when Washington's latest 10 percent tariff  expires.

3 weeks ago
Markets

Asia pivots to coal as Middle East conflict chokes LNG supply

Asia spot LNG prices have doubled to three-year highs in the second major supply shock in four years, as shipping through the Strait of Hormuz has all but stopped and No.2 global exporter Qatar has halted shipments. 

3 weeks ago
Economy premium

Cautious consumers scale back Idul Fitri spending as uncertainty weighs

Uncertain economic prospects and delayed or absent holiday allowance disbursements have made some consumers more cautious, prompting them to spend less and save more.

3 weeks ago
Regulations premium

BI keeps rate on hold as Iran war pressures rupiah

Bank Indonesia (BI) has left its benchmark interest rate unchanged as the United States-Israel war on Iran puts pressure on the rupiah, prompting the central bank to respond with forex market intervention and tighter foreign exchange controls.

3 weeks ago
Economy premium

Indonesia must foster more productive firms, World Bank Group’s IFC says

International Finance Corporation (IFC), the World Bank Group’s private sector arm, has urged Indonesia to prioritize the growth of more productive, higher-value businesses through regulatory reforms.  

3 weeks ago
Economy premium

Prabowo querying slow progress on '3 million houses' program, Hashim says

The President's brother, who heads the public housing task force, says he has temporarily allayed Prabowo's concerns by pointing to the relatively recent existence of the housing ministry as a stand-alone institution.

3 weeks ago
Economy

Australia central bank hikes rates in tight call as Iran war stokes inflation risk

Australia's central bank raised its cash rate for a second straight month on Tuesday, saying higher borrowing costs were needed to contain inflation, though a very tight vote suggested further tightening is far from certain.

3 weeks ago
Markets

IEA head says more oil stocks can be released if necessary

International Energy Agency chief Fatih Birol said Monday more strategic oil stocks could be released if necessary to limit the fallout of from the near complete blockage of supplies through the Strait of Hormuz owing to the war on Iran.

3 weeks ago
Tech premium

Electrification push grows as oil spikes, but bike retrofit plan draws flak

Nearly half of the country’s daily fuel use is met through imports as consumption climbed to 232,417 kiloliters per day in 2025.

3 weeks ago
Economy premium

Govt looks to spending cuts, deficit increase ‘only for crisis’

The government has emphasized that lifting the fiscal deficit cap, which sits at 3 percent of GDP, could only happen in a crisis, and that it is focusing instead on slashing government spending.

3 weeks ago
Economy premium

RI, Japan ink strategic pacts on critical minerals, nuclear power

The agreement is expected to strengthen the security and reliability of the critical minerals supply chain for both countries while supporting the development of clean energy technologies using Indonesia's mineral resources.

3 weeks ago
Economy premium

Plastic packaging costs surge due to Iran war, squeezing food producers

Industry players estimate that packaging costs in the bottled water industry could increase by as much as 45 percent if supply disruptions persist.

3 weeks ago
Economy

Trump says he has 'absolute right' to charge tariffs in another form

US President Donald Trump said Sunday he had the authority to impose duties despite the US Supreme Court last month striking down his global tariffs.

3 weeks ago
Markets

Oil hovers around $100, stocks mixed as Iran war rages

Oil prices hovered around US$100 a barrel Monday and stocks fluctuated as the Iran war moved into a third week with both sides showing no sign of backing down and diplomats trying to ensure safe passage for tankers through the crucial Strait of Hormuz.

3 weeks ago
Regulations premium

30-year mortgages may boost subsidized housing, but default risks loom

Analysts warned that many potential beneficiaries of subsidized housing programs work in the informal sector, with little job and income stability.

3 weeks ago
Regulations premium

Govt mulls lifting deficit cap amid high oil price

The government says this year’s fiscal deficit may temporarily exceed the legal limit for the sake of maintaining economic growth should oil prices remain elevated for a prolonged period as the US-Israeli war on Iran rages on.

3 weeks ago
Regulations

Prabowo open to breach deficit cap only during crisis

Prabowo said he has no plan to revise Indonesia's legally mandated deficit cap of 3 percent of GDP "unless there's a very big emergency like COVID." 

3 weeks ago
Economy

Fed expected to hold rates steady as Iran war roils outlook

US Federal Reserve policymakers are expected to leave interest rates unchanged at their meeting next week, as the US-Israel war on Iran sends shock waves through markets and recent economic data has begun to show weakness.

4 weeks ago
Markets premium

IDX still drafting new free float rules as deadline nears

The bourse is racing against time as it tries to finish new rules on formalizing a minimum free float hike from 7.5 to 15 percent as part of its proposed solution to MSCI, with the Nyepi-Idul Fitri extended holiday just around the corner.

4 weeks ago
Tech premium

Supreme Court rejects Google's final appeal in payment system case

Google's final challenge against the KPPU's anti-monopoly ruling last year ended in failure on Tuesday, when the Supreme Court issued a decision to uphold the competition watchdog’s US$12 million fine and related orders against the mandated the use of its payment system for local developers.

4 weeks ago
Markets

Fire at UAE oil hub as Iran vows retaliation for US attack on Kharg Island

Iran warned it could target United States "hideouts" in the United Arab Emirates as a major UAE energy hub suffered disruption after a drone attack on Saturday, and US President Donald Trump said "many countries" would send warships to the region.

4 weeks ago
Tech

Meta planning sweeping layoffs as AI costs mount

If Meta settles on the 20 percent figure, the layoffs will be the company's most significant since a restructuring in late 2022 and early 2023 that it dubbed the "year of efficiency."

4 weeks ago
Economy premium

Indonesia still seeks to ratify ART despite US trade probes

US trade investigations against Indonesia and other countries over alleged unfair practices could give Washington new leverage in bilateral negotiations after the US Supreme Court struck down the initial legal basis for the Agreement on Reciprocal Trade (ART).

4 weeks ago
Regulations premium

RI gears up to retire diesel power plants amid war-driven energy fears

To prevent power outages, Energy and Mineral Resources Minister Bahlil Lahadalia said that closures would be carried out gradually.

4 weeks ago
Economy

Singapore to engage with USTR on Trump's trade probes

US President Donald Trump's administration launched a new trade investigation on Wednesday into excess industrial capacity in 16 major trading partners in a move to rebuild tariff pressure after the US Supreme Court tore down the centerpiece of Trump's tariff program last month.

4 weeks ago
Markets premium

Coffee exporters target $1.3b in shipments this year amid lower output

Indonesia exported around $2.5 billion worth of coffee products last year, excluding instant coffee, with most of the products shipped to the United States, Belgium, Germany and Egypt.

4 weeks ago
Tech

US jury to begin deliberations in social media addiction trial

Jury deliberations are set to begin Friday in a landmark social media addiction trial accusing Meta and YouTube of intentionally trying to hook young internet users.

4 weeks ago

Today's ePost

Sat, April 11, 2026

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