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Jakarta Post
Oversight body: The Financial Services Authority (OJK) is facing mounting calls for it to require financial institutions to report implementation of their respect for human rights.
Oversight body: The Financial Services Authority (OJK) is facing mounting calls for it to require financial institutions to report implementation of their respect for human rights. `
Regulations premium

OJK pushes banks to align business plan with govt’s priority agenda

While the revision is seen as a potentially effective measure to bolster inclusive funding, experts warn that it may distort Indonesia’s banking industry focus from commercial lending to national development.  

5 minutes ago
Companies premium

Nonsubsidized fuel prices hiked sharply as supply strains worsen

Pertamina has significantly raised the prices of several nonsubsidized fuel products effective Saturday as blockades in the Middle East and economic sanctions continue to roil the global oil market.

10 hours ago
Tech premium

Indonesia suspends game rating system after data breach

Officials have vowed uninterrupted market access amid an ongoing probe into the incident, as well as wider audits and reforms targeting long-term system credibility.

15 hours ago

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Companies premium

Agincourt's Martabe gold mine to restart after post-disaster crackdown

The gold miner is targeting output of 60,000 oz this year if its Martabe mine in Batang Toru, South Tapanuli, North Sumatra, one of the worst-affected regions in the 2025 Sumatra disaster, resumes operations as scheduled in mid-May.

16 hours ago
Markets

Iran says final deal still far off as Hormuz Strait shuttered

The strategic Strait of Hormuz was again closed on Sunday in the stand-off between Iran and the United States, with Iran's powerful parliament speaker signaling a final peace deal remained "far" off despite some movement in negotiations.

17 hours ago
Economy

Iran closes Hormuz Strait again, as Trump warns against 'blackmail'

Iran's military declared the Strait of Hormuz closed again on Saturday, prompting ships to abandon attempts to transit the waterway and President Donald Trump to warn Tehran against trying to "blackmail" the United States.

1 day ago
Economy

US renews Russian oil waiver after pressure from countries

The move is part of the administration's effort to control global energy prices that have shot higher during the US-Israeli war on Iran.

1 day ago
Economy premium

Energy jitters drive EV sales in Indonesia to nearly double

However, some prospective buyers said they may hold off on purchasing an EV if incentives are reduced.

2 days ago
tech

Tesla's supervised self-driving software gets Dutch okay, first in Europe

Tesla is also counting on self-driving software to boost vehicle sales, which have slowed in Europe due to its aging EV lineup and Musk's far‑right political rhetoric that has alienated some consumers.

1 week ago
tech

Indonesia sends letter of reprimand to YouTube over breach of social media curbs

Indonesia requires social media ‌companies ⁠with platforms it deems high risk to deactivate accounts belonging to children under 16, with the sanctions could go as far as a ​block on the ​platforms.

1 week ago
tech

Govt summons Meta, Google over noncompliance with child social media curbs

Indonesia summoned officials from Meta and Google over non-compliance with social media restrictions for children under 16 that went into full effect last week, a minister said in a video statement published on Tuesday.

2 weeks ago
tech

Roblox to introduce new controls in Indonesia to comply with child social media block

Indonesia will require platforms to deactivate "high ​risk" social media accounts for under 16s, according ​to a ministerial regulation issued earlier this month.

3 weeks ago
economy

Iran closes Hormuz Strait again, as Trump warns against 'blackmail'

Iran's military declared the Strait of Hormuz closed again on Saturday, prompting ships to abandon attempts to transit the waterway and President Donald Trump to warn Tehran against trying to "blackmail" the United States.

1 day ago
economy

US renews Russian oil waiver after pressure from countries

The move is part of the administration's effort to control global energy prices that have shot higher during the US-Israeli war on Iran.

1 day ago
markets

Iran says final deal still far off as Hormuz Strait shuttered

The strategic Strait of Hormuz was again closed on Sunday in the stand-off between Iran and the United States, with Iran's powerful parliament speaker signaling a final peace deal remained "far" off despite some movement in negotiations.

17 hours ago
markets

Sanctioned tanker turns back to Strait of Hormuz, day after Gulf exit

The US-sanctioned tanker Rich Starry made its way back to the Strait of Hormuz on Wednesday after exiting the Gulf the day before, shipping data showed, failing to break through a US blockade on vessels calling at Iranian ports.

4 days ago
markets

Asian stocks rally, crude drops on lingering hope for a peace deal

Stocks rose and oil fell Tuesday on hopes for a deal to end the Middle East war and reopen the Strait of Hormuz, with Donald Trump saying Tehran had called to seek an agreement even as a US naval blockade around Iran's ports began.

5 days ago
markets

Oil surges, stocks fall as Trump says to blockade Strait of Hormuz

Oil prices surged and stocks sank Monday after US-Iran peace talks fell apart and Donald Trump announced a blockade of the strategic Strait of Hormuz, adding to fears for energy supplies from the Middle East.

6 days ago
markets

US oil benchmark jumps 8%, surpasses $100 after failed US-Iran talks

The US oil benchmark rebounded above $100 a barrel on Monday after peace talks between the United States and Iran failed to make a breakthrough, and with US President Donald Trump ordering a blockade of Iranian ports.

6 days ago
markets

Oil prices jump, stocks drop on Mideast ceasefire doubts

Oil prices jumped and most stock markets fell Thursday on investor concerns over the Middle East ceasefire holding and as the key Strait of Hormuz remained largely blocked to traffic.

1 week ago
markets

Crude rises, stocks fall on fears over nascent Iran ceasefire

Oil prices climbed and stocks fell Thursday on fears over the nascent US-Iran ceasefire after Tehran threatened to resume hostilities after Israel launched a major bombardment of Lebanon.

1 week ago

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