TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
Regulations premium

No tax for 50 years: Govt mulls over incentives for financial center

Very generous tax rules are among the incentives the government is considering to lure global investors to take part in developing the country's inaugural financial hub.

6 hours ago
Regulations premium

Prabowo’s plan to channel PNM loans through cooperatives raises eyebrows

Experts warn that without the intensive mentoring long associated with microfinance, an area in which the Red and White Cooperatives still lag, the loans risk turning into bad debt. ...

1 day ago
Regulations premium

Coretax to be central tax administration system from July: Finance Ministry

The Finance Ministry has announced that the capacity of the Coretax platform will be expanded gradually this month to handle all tax-related matters, in an aim to enable better oversight, data accuracy and administrative effectiveness, as well as to increase taxpayer confidence. ...

1 day ago

The Latest

Regulations premium

Firms want direct 95-year land rights in Nusantara as uncertainty persists

Businesses have requested the government grant direct approval of nearly a century in land rights for investments made in the country’s future capital city, Nusantara, which experts perceived as a sign of the private sector’s reluctance to invest in such a high-risk project.

2 years ago
Regulations premium

Govt again considers lifting lobster larvae export ban

The fisheries ministry is drafting a new decree to lift a 2016 ban on exporting lobster larvae that it says it will follow up with stricter monitoring to ensure compliance among licensed exporters.

2 years ago
Regulations premium

Firms demand incentives as govt asks for help building household gas network

Indonesia is looking to involve private companies to accelerate the development of household gas networks, but firms said their participation would only be possible if they are provided with incentives to ensure long-term profitability.

2 years ago
Regulations premium

After nearly a decade, Jokowi falls short on promise of energy subsidy reform

President Joko “Jokowi” Widodo has largely failed to reform energy subsidies in the country, experts say, a promise he made some nine years ago, before his tenure in the nation’s highest office.

2 years ago
Regulations premium

Govt to cut garlic imports by 40 percent next year

The Agriculture Ministry plans to reduce garlic imports next year by around 40 percent to encourage domestic production.

2 years ago
Regulations premium

Bali tourist tax won't affect visitor numbers, ministry says

The government has expressed its optimism that the tourist tax to be imposed on Bali in February 2024 will not affect foreign arrivals to the island province.

2 years ago
Regulations premium

Missing emission cap renders RI carbon exchange less effective: Experts

Policy experts are urging the government to introduce emissions caps for energy-intensive industries to incentivize businesses to participate in the newly launched IDX Carbon and contribute to the country's emissions reduction goal.

2 years ago
Regulations premium

Emboldened by TikTok victory, offline vendors take on e-commerce

Following the closure of TikTok’s e-commerce feature, traditional vendors are urging the government to close down other online platforms as well, arguing that such a move would revive quiet hallways at markets.

2 years ago
Regulations premium

Ganjar supports extending HSR to Surabaya, maintaining mineral export ban

Presumed presidential candidate Ganjar Pranowo said that he would support extending the Whoosh high-speed railway (HSR), a Sino-Indonesian flagship project started by President Joko “Jokowi” Widodo, to Surabaya.

2 years ago
Regulations premium

Govt places extra import duties on bicycles, watches, cosmetics

A recent Finance Ministry regulation has placed new import duties on four types of products, with levies reaching some 40 percent of the product’s value in certain cases.

2 years ago
Regulations

Goldman Sachs and its role in the multi-billion dollar 1MDB scandal

Najib Razak, who was prime minister from 2009 to 2018, co-founded 1MDB and chaired its advisory board until 2016.

2 years ago
Regulations premium

RI eyes nuclear, ammonia and hydrogen to aid its 2060 net-zero goal

The government sees a need to develop so-called “new energy” projects, such as nuclear, hydrogen and ammonia, to achieve its net-zero emissions goal by 2060 or far earlier.

2 years ago
Regulations premium

Labor unions push for 15 percent minimum wage raise ahead of election

Labor unions are demanding that the government raise the minimum wage by 15 percent for next year in response to improved economic performance in the country this year, but employers contend that such a wage hike would be impossible given the business situation’s continuing precariousness.

2 years ago
Regulations premium

RI coal retirement program hinges on Cirebon Power deal, say experts

Experts say that finalizing a deal on the proposed Cirebon 1 early retirement pilot project was key to getting other operators of coal-fired power plants to sign on to the government's Energy Transition Mechanism (ETM) program.

2 years ago
Regulations

South Korea warns Google, Apple of possible fines over apps marketing

The KCC is notifying the companies for corrective action, and will deliberate on the fines, the statement said.

2 years ago
Regulations premium

Govt conducts first biofuel-powered flight test on commercial plane

Following a successful static test in late July, the government has conducted its first flight test for BAF created in cooperation with the Bandung Institute of Technology and produced by Pertamina.

2 years ago
Regulations premium

Oil and gas giants mulling switch to cost recovery scheme

Pertamina's upstream arm PHE and MedcoEnergi are seeking to switch their contracts from a gross split to a cost recovery scheme for certain oil and gas fields to improve their profitability and overall output.

2 years ago
Regulations premium

Govt to finalize HSR loan negotiation with around 3.6 percent interest rate

Indonesia will soon finalize negotiating loan interest rates to finance the cost overrun of the Whoosh high-speed railway (HSR), with the figure expected to remain high despite efforts to secure cheaper funding costs.

2 years ago
Regulations

At WTO, growing disregard for trade rules shows world is fragmenting

Since late 2019, after the US blocked the appointment of new judges to the WTO's Appellate Body due to complaints over judicial overreach, 29 cases have been left in limbo, delivering a heavy blow to the dispute settlement system.

2 years ago
Regulations

TikTok to stop sales in Indonesia after social commerce ban

The new regulation is yet another setback for TikTok, which has faced intense scrutiny in the United States and other nations in recent months over users' data security and the company's alleged ties to Beijing.

2 years ago
Regulations premium

More work ahead, analysts say on day of HSR inauguration

Despite the inauguration of the long-awaited Jakarta-Bandung HSR, analysts find little to celebrate, pointing out that keeping the new service running and generating revenue were the greater challenges to start offsetting the project's massive cost overrun.

2 years ago
Regulations premium

Logistics firms to challenge new e-commerce regulation in court

Local logistics businesses are planning to challenge the Trade Ministry’s newly issued regulation on e-commerce, which will restrict the sale of cheap imported and cross-border items through the platform.

2 years ago
Regulations

Coal shutdown scheme to launch first project in Indonesia 'soon': ADB

The ADB's "energy transition mechanism" (ETM) makes use of private and public capital to refinance investments in coal-fired power, allowing power purchase agreements to be shortened and plants to be shut as much as a decade earlier than planned. 

2 years ago
Regulations premium

New oil and gas bill to replace SKK Migas with dual function BUK Migas

The House is deliberating a new bill that has been decades in the making to replace the oil and gas regulatory body SKK Migas with a dual function regulatory and business entity called BUK Migas.

2 years ago
Regulations

Indonesia bans goods transactions on social media platforms

Calls had grown in recent months for a regulation governing social media and e-commerce, with offline sellers seeing their livelihoods threatened by the sale of cheaper products on TikTok Shop and other platforms.

2 years ago
Presidential Race premium

Kadin chair temporarily leaves office to lead Ganjar campaign

Arsjad Rasjid, 53, has temporarily stepped down as chairman of the Indonesian Chamber of Commerce and Industry (Kadin) following his decision to accept his appointment as manager of presumptive nominee Ganjar Pranowo’s presidential campaign.

2 years ago
Regulations

Can a $20 billion bet wean Indonesia off coal?

The Just Energy Transition Partnership (JETP) for Indonesia was unveiled last November, as the country hosted the G20 summit in Bali.

2 years ago
Regulations premium

Indonesia to import 1 million tonnes of rice from China

Head of Bapanas Arief Prasetyo Adi announced the plan on Tuesday, saying it was based on a direct instruction from President Joko "Jokowi" Widodo.

2 years ago
Regulations

Amazon faces landmark monopoly lawsuit by FTC

Amazon is a monopoly and misuses its powers, according to the FTC, which quotes a seller as saying: "We have nowhere else to go and Amazon knows it."

2 years ago
Regulations premium

Coal power plants under no pressure to use new carbon exchange

Coal-fired power plants will not be mandated to participate in the newly launched carbon exchange, which the government has formed as a way for the country to expedite emission cuts, despite the energy sector being one of the country’s major emissions sources.

2 years ago
Page: 43

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.