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
Bank Indonesia (BI) Governor Perry Warjiyo speaks to reporters on Tuesday after a meeting with the House of Representatives' budget committee in Jakarta. Earlier in the day, BI increased the benchmark interest rate in a surprising announcement outside of the regular monthly schedule.
Bank Indonesia (BI) Governor Perry Warjiyo speaks to reporters on Tuesday after a meeting with the House of Representatives' budget committee in Jakarta. Earlier in the day, BI increased the benchmark interest rate in a surprising announcement outside of the regular monthly schedule.`
Regulations premium

BI digs in heels with out-of-schedule rate hike

Bank Indonesia (BI) has increased the benchmark interest rate outside the routine schedule to shore up the rupiah after a hefty hike at the last Board of Governors' meeting and other measures failed to arrest the currency’s depreciation.

9 hours ago
Companies

Banks ramped up fossil fuel investment in 2025: NGO report

The world's leading banks ramped up investment in fossil fuels last year to the overall tune of US$900 billion, up 8 percent on 2024, a group of NGOs said Tuesday in a joint report.

14 hours ago
Tech

Russell Young of British School Jakarta brings CPR training to schools

17-year old Russell James Young finds purpose through his initiative Beatkeepers Collective in an effort to decrease death rates in emergency situations related to cardiovascular-related events, fostering a new generation of first aid responders.

14 hours ago

The Latest

View more
Economy

Maintaining the competitiveness of the national plywood industry

Indonesia’s plywood industry, which accounts for a significant share of exports, has further growth potential but also faces numerous challenges. Enhancing the competitiveness of domestic producers requires integrated strategic measures.

15 hours ago
Companies premium

Govt unseals Tiffany & Co stores, imposes $5.3m fines

In February, the Jakarta Customs and Excise Directorate General shut down three Tiffany & Co outlets across Jakarta shopping malls, including Plaza Senayan, Plaza Indonesia and Pacific Place, over allegations of illegal imports.   

16 hours ago
Markets premium

BI hikes rate in surprising move, rupiah gains

Bank Indonesia (BI) has increased the benchmark interest rate outside the monthly schedule to shore up the rupiah after the currency has seen months of depreciation amid a strong United States dollar.

17 hours ago
Economy premium

RI braces for US forced labor-linked tariffs while seeking OECD gains

Government estimates the final tariff burden on Indonesian goods exported to the US could reach about 18 percent, including a 10 percent tariff tied to forced-labor concerns.

17 hours ago
Economy

Prabowo's populist policies propel a 'doom-loop' in Indonesian markets

A battering from the global energy shock and a number of unorthodox decisions - from centralizing commodity exports under a sprawling sovereign fund that reports directly to Prabowo, to new jobs and growth mandates for the central bank - have rocked investor confidence.

21 hours ago
tech

Russell Young of British School Jakarta brings CPR training to schools

17-year old Russell James Young finds purpose through his initiative Beatkeepers Collective in an effort to decrease death rates in emergency situations related to cardiovascular-related events, fostering a new generation of first aid responders.

14 hours ago
tech

The vitality of volcanoes: a new method in the fight against stunting

Jadrianna Sutrisno, 16-year-old student from Jakarta Intercultural School (JIS), examines the correlation between soil used for agriculture complemented by volcanic ash, and the statistics of stunting in each province.

4 days ago
tech

Anthropic calls for pause of global AI development

Artificial intelligence company Anthropic suggested Thursday a global pause on building the most powerful AI systems as the latest models are beginning to show signs they could escape human control.

4 days ago
tech

UK allows websites to opt out of Google AI search

Website publishers, particularly media outlets, claim that artificial intelligence models take their content without compensation.

6 days ago
tech

EU to unveil plan to wean itself off US, Asia tech

The EU will set out on Wednesday how the 27-country bloc hopes to slash its dependence on American and Asian technology, and favor European digital alternatives.

6 days ago
tech

From lottery draws to fiscal spending, China broadens digital yuan footprint

China's central bank is making a broad push to increase the use of digital yuan at home and abroad, several industry sources said, setting Beijing on a different – and potentially competing – path from the United States in shaping the future of money.

1 week ago
economy

Maintaining the competitiveness of the national plywood industry

Indonesia’s plywood industry, which accounts for a significant share of exports, has further growth potential but also faces numerous challenges. Enhancing the competitiveness of domestic producers requires integrated strategic measures.

15 hours ago
economy

Prabowo's populist policies propel a 'doom-loop' in Indonesian markets

A battering from the global energy shock and a number of unorthodox decisions - from centralizing commodity exports under a sprawling sovereign fund that reports directly to Prabowo, to new jobs and growth mandates for the central bank - have rocked investor confidence.

21 hours ago
companies

Banks ramped up fossil fuel investment in 2025: NGO report

The world's leading banks ramped up investment in fossil fuels last year to the overall tune of US$900 billion, up 8 percent on 2024, a group of NGOs said Tuesday in a joint report.

14 hours ago
companies

Indonesian hotel chain confirms exit from Cuba

Foreign businesses including several international hotel chains have ended or vastly reduced their presence in Cuba ahead of a Friday deadline from US President Donald Trump to sever ties with military conglomerate GAESA, which controls much of the island's economy and is sanctioned by Washington.

2 days ago
companies

Mixue to expand market, investment in Indonesia

The Chinese beverage company, famed for its boba teas and sundaes, is focusing on market expansion as part of its long-term development strategy for Indonesia.

2 days ago
companies

Airline chiefs grapple with fuel shock, fare test at Rio summit

Global airline chiefs open their annual summit in Rio de Janeiro on Saturday facing a sharper test of the industry's post-pandemic recovery, as the Iran war drives up fuel costs and disrupts airspace while carriers try to cushion the blow with higher fares and tighter capacity.

3 days ago
markets

Rout in Seoul stocks leads Asian losses as AI tech rally hits wall

Seoul's Kospi stock index dived more than 8 percent to lead a rout across Asia on Monday as tech firms were hammered and strong US jobs data fueled bets on a Federal Reserve interest rate hike.

1 day ago
markets

China, Hong Kong stocks hit two-month lows but investors see buying opportunity

China and Hong Kong stocks slid to their lowest levels in two months on Monday, tracking a global tech selloff, but pared losses by midday with some investors using the correction as a buying opportunity.

1 day ago
markets

Dollar climbs to two-month peak as Fed hike bets ramp up

The dollar was perched near a two-month high on Monday after a blowout US jobs report sent traders ramping up bets on a Federal Reserve rate hike this year, while the yen teetered further into the intervention zone.

1 day ago
markets

BI, Finance Ministry agree to boost asset yields to aid rupiah

Bank Indonesia (BI) and the Finance Ministry on Saturday agreed to increase yields on Indonesian assets to attract portfolio inflows and support the rupiah, after the currency hit record ​lows in the past few weeks.

2 days ago
markets

Yen hits key 160 level for third session, dollar buoyed by Gulf woes

The Japanese yen is testing the 160 barrier on Friday, prompting pushback from Japanese officials, while the US dollar is on track for a weekly gain as Gulf tensions fuel safe-haven flows.

4 days ago

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.