TheJakartaPost

When credibility becomes the real fiscal constraint

Indonesia is facing a credibility test. And credibility, once questioned, is costly to rebuild.

1 hour ago

Opinion premium

Analysis: MSCI freezes Indonesia review, raises specter of rating downgrade

Morgan Stanley Capital International (MSCI) has temporarily frozen Indonesia’s February market status review and warned of a potential downgrade from Emerging Market to Frontier Market, citing persistent structural and governance weaknesses in the equity market. Key concerns include opaque ownership structures, limited disclosure of ultimate beneficial owners, and significant price distortions in several heavily weighted stocks, particularly conglomerate- and state-owned enterprise-linked names, which have pushed the Jakarta Composite Index (JCI) higher without corresponding improvements in fundamentals.

1 hour ago

The Latest

Journalists hold banners during a protest to commemorate World Press Freedom Day in Surabaya, East Java, on May 2, 2025.

Editorial premium

Pressing for an open society

In recent years, we have seen the civic space shrinking, undermining the quality of democracy. The press can help to stop and reverse the trend.

2 hours ago

A Whoosh high-speed train passes through the Ngamprah tunnel in West Bandung regency, West Java, on July 31, 2025.

Whoosh and weave: Connecting the spaces between

As Indonesia invests in high-speed rail, a quieter revolution in micro-mobility and former rail corridors could shape how growth, jobs and everyday life unfold along Java’s emerging mega-urban corridor.

1 day ago

Employees stand near a screen showing the Jakarta Composite Index (JCI) down 8 percent on Jan. 28 at the Indonesia Stock Exchange (IDX) in Jakarta. The IDX temporarily halted trading that afternoon as the benchmark index dropped to 8,261.79 points following an announcement from Morgan Stanley Capital International (MSCI) that it would temporarily suspend the index rebalancing process for Indonesian stocks.

From savers to stakeholders: A new social contract for Indonesia

By turning savers into stakeholders, Indonesia is building a market owned by its people, resilient to external shocks, and worthy of the economic sovereignty that Danantara is mandated to protect.

2 days ago

Career talks: A company booth attendant responds to inquiries from visitors on Jan. 29, 2026, during a job and career fair at the Muladi Dome within the premises of Diponegoro University in Semarang, Central Java.

From GDP to good jobs: Managing AI’s barbell effect

As AI threatens to hollow out the middle of Indonesia's labor market, state policies must pivot from cost-cutting automation toward a human-centered pathway of skill-based hiring and high-value augmentation.

2 days ago

Greener pastures: People attend a forum on applying for colleges and universities in the United States on Aug. 12, 2012, at the US Embassy’s cultural center @america inside Pacific Place Mall in South Jakarta.

Universities may be killing their innovators softly

We are witnessing a "soft kill" of university innovators, not by policy, but by a measurement system that renders entrepreneurial labor invisible. It’s time to move toward a differentiated academic career path.

2 days ago

interview

premium

NU must transform to navigate uncertain world order: Chairman Yahya

This aerial photo shows people climbing debris, on Dec. 9, 2025, to cross the river on a newly built bridge, connecting Aceh and North Sumatra province, after being destroyed by flash floods along Peusangan river in Bireuen district, Aceh.

premium

Coordinated response key to govt’s disaster handling

History in focus: Belgian historian David Van Reybrouck, author of Revolusi: Indonesia and the Making of the Modern World, poses for a post on his official social media account.

premium

‘Revolusi’ returns home: David Van Reybrouck on youth, memory and the spirit of Bandung

Elementary and Secondary Education Minister Abdul Mu'ti (right) talks with a student on the sidelines of the inauguration of an integrated school on Sept. 30 in Samarinda, East Kalimantan. The international-standard school integrates schools of three levels of education, namely SDN 28 state elementary school, SMPN 16 state junior high school and SMA Prestasi senior high school.

premium

Dignifying students key for Indonesia’s education: Education minister

Peace and reconciliation: Aceh Governor Muzakir Manaf (eighth right) and Aceh wali nanggroe (traditional leader) Malik Mahmud (center) release doves with former Free Aceh Movement (GAM) officials and incumbent Aceh Regional Leadership Coordination Forum (Forkopimda) officials during the 20th anniversary ceremony of the Aceh Peace Agreement in Banda Aceh, Aceh, on August 15, 2025,

premium

Discourse: Aceh people real heroes in 2005 peace deal

Facing climate crisis: United Nations Framework Convention on Climate Change (UNFCCC) executive secretary Simon Stiell.

premium

Climate action delivers when benefits are visible: UNFCCC

Louder than words: An activist holds a poster criticizing Culture Minister Fadli Zon's statement denying the 1998 mass rapes during a Kamisan (Thursday) silent protest on June 26 in front of the State Palace in Jakarta.

premium

Discourse: There are more 1998 mass rape victims than recorded

insight

Insight: The strategic role of PT SMI in fiscal policy and economic expansion

Indonesia’s future economic growth will not be determined solely by the size of government spending, but also by how effectively development financing is managed.

1 week ago

Insight: Rethinking work: Driving sustainable growth in the digital age

The digital age has redefined how we live, communicate and work, but perhaps nowhere is this shift more critical than in the field of medicine and public health. As healthcare systems integrate digital technologies, the traditional roles of medical professionals are being reshaped.

7 months ago

Insight: Innovations in managing and developing human capital

Over the past few years, the role of human resources (HR) has expanded far beyond administrative tasks. HR professionals today are expected to drive innovation, enhance the employee experience and align people strategies with business goals. With the help of technology, these responsibilities have become more manageable, and in many ways, more impactful.

7 months ago

Insight: AI and Efficiency: Sacrifices The Next Generation

Introduction: From One Disruption to Another

7 months ago

Insight: Securing a healthier future: The importance of Indonesia's plasma fractionation facility

The global health crisis brought on by COVID-19 tested healthcare systems worldwide, and Indonesia was no exception. As one of the world’s most populous nations, the nation faced immense challenges yet demonstrated resilience and adaptability in navigating the pandemic.

1 year ago