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Jakarta Post
Israeli Defense Minister Israel Katz speaks after a meeting with his Greek counterpart in Athens in this file photo from Jan. 20, 2026.
Israeli Defense Minister Israel Katz speaks after a meeting with his Greek counterpart in Athens in this file photo from Jan. 20, 2026.`
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.

19 minutes 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.

6 hours ago
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.

7 hours ago

The Latest

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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. 

14 hours 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.

15 hours 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.

1 day ago
Economy premium

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

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

1 day 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.

1 day 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 days 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.

5 days ago
tech

OpenAI strikes Pentagon deal with 'safeguards' as Trump dumps Anthropic

Trump had ordered the government to stop using Anthropic, calling it a threat to national security after it refused to agree to unconditional military use of its Claude models.

2 weeks ago
tech

Where AI lives: Southeast Asia's data center boom

New data centers -- warehouse-like facilities that store online files and power AI tools from chatbots to image generators -- are mushrooming worldwide, and the sector is growing particularly fast in Asia.

2 weeks ago
companies

Philips reaffirms commitment to expand equitable access to quality healthcare in Indonesia

Özlem Fidanci, chief of Philips International Region and member of the Royal Philips Executive Committee, spoke to The Jakarta Post during her visit to Jakarta about Philips’ initiatives and healthcare technology innovations, underscoring the company’s longstanding commitment to expanding equitable access to quality health care in Indonesia.

6 days ago
companies

Marriott Bonvoy and Bank Mandiri launch cornerstone collaboration

In a world where travel has become the norm, travelers are continuously searching for an experience that has the ability to enrich their adventures, without dealing with any obstacles or hassles. Therefore, businesses have to evolve and innovate in order to meet the expectations of their consumers.

1 week 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.

19 minutes 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. 

14 hours 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.

1 day 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.

2 days 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.

3 days ago

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