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Jakarta Post
Regulations premium

Kadin moves to address extortion issues by regional branch in Cilegon

A video circulating on social media over the weekend shows a tense exchange between individuals claiming to represent Kadin’s Cilegon branch and Chengda Engineering Co, a contractor for the CA-EDC project by petrochemical giant PT Chandra Asri Pacific.

15 hours ago
Regulations premium

Outsourcing ban won’t fix job market, employers say

Indonesia’s Job Creation Law, once touted as a fix-all to make employment more flexible and attract investment, is now drawing flak for increasing job market uncertainty, with both business and labor leaders pointing to the President’s demand to end outsourcing as a sign the system is cracking. ...

1 day ago
Regulations premium

Govt considers restricting cassava, tapioca imports

The government is mulling over a plan to restrict cassava and tapioca imports as local farmers bemoan unsold domestic produce.   ...

1 day ago

The Latest

Regulations

US Fed official sees big hike at March meeting, warns of Ukraine impact

The US economy is healthy enough that interest rates should go from their current zero level to 1 percent by summer, and the first hike could be twice as big as normal, Federal Reserve Governor Christopher Waller said Thursday.

3 years ago
Regulations premium

Indonesia, Singapore prepare rules for solar power export

The government is working on a new regulatory framework to enable solar power exports to Singapore after signing an agreement with the city-state to form a working group on the matter.

3 years ago
Regulations

Baby formula makers still breaking global marketing rules: Report

From giving free samples to setting up "mums' groups", companies were found to breach the International Code of Marketing of Breast-milk Substitutes.

3 years ago
Regulations premium

G20 members, WHO back Indonesia's push for health fund

Indonesia’s push for G20 countries to establish a global fund dedicated to health care has drawn positive feedback from other countries and from the WHO.

3 years ago
Regulations

EU challenges China at WTO over tech patents

High-tech products requires a huge amount of patented technology, and Chinese companies have for years been accused of violating patent terms, unfairly punishing rivals.

3 years ago
Regulations premium

Unemployment benefits are here, but workers are not happy

The new unemployment benefits (JKP) scheme has been billed by the government as an alternative to early pension payout, but workers say it is an inadequate safety net in times of need.

3 years ago
Regulations premium

Jokowi meets World Bank officials, reaffirms net-zero pledge

The President reaffirmed energy transition commitments provided Indonesia received international financial support.

3 years ago
Regulations premium

Indonesia, S. Korea central banks ink partnership deal

Bank Indonesia and Bank of Korea have signed a memorandum of understanding (MoU) to strengthen cooperation.

3 years ago
Regulations premium

15 companies unable to get solar PV permits: Association

Red tape hampers solar panel adoption in Indonesia.

3 years ago
Regulations premium

Workers protest restrictions on pension cash-out

Widespread discontent is emerging over the government’s decision to prevent workers from claiming accrued old-age benefits to cover phases of unemployment.

3 years ago
Regulations premium

Govt to cut travel quarantine to three days

The government has announced a reduction in the mandatory quarantine period from five to three days, starting on March 1.

3 years ago
Regulations premium

Bank Indonesia to raise cap on QRIS transactions

Bank Indonesia (BI) is planning to double the transaction limit for the Quick Response Indonesia Standard (QRIS) code to Rp 10 million as it seeks to lure 15 million more merchants.

3 years ago
Regulations

South Korea to create fund to cope with supply chain snags

The fund will help procure raw materials and other items essential for "economic security".

3 years ago
Regulations premium

For crypto money, getting it right trumps speed: BIS

The Bank for International Settlements (BIS) expects more countries to tap into central bank digital currency (CBDC) development.

3 years ago
Regulations premium

BI keeps rate at 3.5%, signals no change of stance in H1

Bank Indonesia has kept its benchmark interest rate at 3.5 percent and signaled that a change in its monetary policy stance was unlikely in the first half of the year.

3 years ago
Regulations premium

Energy transition to boost demand for metals, says Luhut

The government plans to continue focusing on downstream industrialization to tap into the archipelago's rich metal reserves as the global energy transition drives up metals demand.

3 years ago
Regulations premium

Moody’s Analytics expects BI rate hike in Q2

Moody’s Analytics expects Bank Indonesia to increase its benchmark interest rate in the second quarter of the year, despite the central bank’s assurance that no such move would happen until inflation picked up.

3 years ago
Regulations premium

SME ministry, energy ministry join forces to push EV adoption

The Energy and Mineral Resources Ministry and the Cooperatives and Small and Medium Enterprises (SME) Ministry are working together to increase small businesses’ role in pushing electric vehicle (EV) adoption in Indonesia.

3 years ago
Regulations premium

Kadin appeals for short COVID-19 curbs

Last year, Indonesia's GDP contracted by 0.7 percent annually in the first quarter after the government imposed large-scale mobility restrictions (PSBB).

3 years ago
Regulations premium

Economics of Jakarta-Bandung rail project increasingly bleak

Unforeseeable factors, such as the capital city relocation plan and the pandemic, have added to growing doubts over the economic viability of the Jakarta-Bandung high-speed railway link.

3 years ago
Regulations premium

Govt retracts ban on international tourist arrivals via Soekarno-Hatta

The ban came about after incorrect wording in a recently issued circular letter.

3 years ago
Regulations premium

Bahlil appointed acting energy minister

The current investment minister will temporarily take over the duties of Arifin Tasrif, who is recovering from COVID-19.

3 years ago
Regulations premium

Banks barred from selling unit-linked products of disputed insurers: OJK

The Financial Services Authority (OJK) says it has barred banks from selling unit-linked insurance from companies engaged in unresolved disputes with customers, as the agency decides on more stringent measures to regulate the industry.

3 years ago
Regulations premium

Govt forces CPO firms to ensure cheap domestic supply

Indonesia's cooking oil prices are “too dependent” on international crude palm oil (CPO) prices, a ministry official has said.

3 years ago
Regulations premium

Indonesia eases quarantine rules to spur tourism

The government has reduced the mandatory quarantine period to five from seven days.  

3 years ago
Regulations premium

OJK to tighten rules for unit-linked insurance

The Financial Services Authority (OJK) will tighten rules on investment-linked insurance as the agency seeks to prevent future problems with regard to the products.

3 years ago
Regulations premium

Indonesia launches G20 forum on recovery, innovation

Shinta Kamdani, as chairwoman of the B20 Indonesia 2022 forum, has set the agenda to discuss how the G20 countries can recover together from COVID-19, boost innovation across the globe and build an inclusive and sustainable future.

3 years ago
Regulations

Indonesia imposes mandatory domestic sales on palm oil

The domestic market obligation on palm oil is meant to curtail rising cooking oil prices in Indonesia.

3 years ago
Regulations

Salvadorans show support for bitcoin despite IMF criticism

In the crowded streets of San Salvador, restaurants, hardware stores, pharmacies and even street vendors are happy to accept payment in the cryptocurrency that has been legal tender since September 2021.

3 years ago
Regulations premium

Halim airport to close nearly 4 months for renovations

Halim Perdanakusuma International Airport in East Jakarta will be closed on Wednesday for up to 3.5 months for renovations, during which all flights will be rerouted, including military aircraft.

3 years ago
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Today's ePost

Thu, May 15, 2025

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