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A worker prepares meal packages for the free nutritious meal program on Feb. 12 in the kitchen of an Islamic boarding school in Kudus regency, Central Java.
A worker prepares meal packages for the free nutritious meal program on Feb. 12 in the kitchen of an Islamic boarding school in Kudus regency, Central Java. `
Regulations

Indonesia free meal plan stunted by delays, protests, poisonings

Large-scale aid programs in Indonesia have a history of allegations of graft at both the regional and national levels.

22 minutes ago
Regulations

Trump says he will put 20 percent tariff on Vietnam's exports

The figure is lower than the April announcement that US importers of Vietnamese goods would have had to pay a 46 percent tariff.

2 hours ago
Regulations premium

Whoosh losses raise doubts over Surabaya extension

The state-owned enterprises (SOEs) consortium involved in the operation of the Whoosh, PT Pilar Sinergi BUMN Indonesia (PSBI), recorded Rp 4.19 trillion in losses last year.

4 hours ago

The Latest

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Regulations premium

Govt targets 15,000 barrels per day from community oil wells

The energy ministry has identified around 7,000 potentially productive community wells in Aceh, Jambi, South Sumatra, Central Java and East Java.

18 hours ago
Tech

Alibaba launches e-commerce subsidies of $7b in consumption boost

Beijing is battling to stave off deflationary pressure, which has threatened to dampen economic growth even as challenges elsewhere mount.

19 hours ago
Economy premium

Finance Minister flags looming revenue shortfall amid tax slump

In the first half of this year, the government collected Rp 1.2 quadrillion, the lowest mid-year figure in three years and 9 percent below the same period in 2024.

21 hours ago
Regulations premium

Danantara to receive $10b funding from foreign banks, CEO claims

Danantara CEO Rosan Roeslani noted that the agency had already secured $7 billion in international investment commitments from Qatar, Russia, China and Australia.  

22 hours ago
Economy

Batam's strategic role in regional industrial development

Batam’s close geographical proximity to Singapore and Johor, Malaysia could lead to lower transportation and logistics costs.

1 day ago
tech

Alibaba launches e-commerce subsidies of $7b in consumption boost

Beijing is battling to stave off deflationary pressure, which has threatened to dampen economic growth even as challenges elsewhere mount.

19 hours ago
tech

CBEX crypto scam: AI-hyped Ponzi scheme defrauds African investors

CBEX used a "brandjacking" tactic, claimed to be licensed in the US, and said that a firm called ST Technologies International was responsible for the AI trading signals.

1 day ago
tech

Trump says 'very wealthy' group to buy TikTok

"We have a buyer for TikTok, by the way," Trump said in an interview on Fox's Sunday Morning Futures with Maria Bartiromo. 

2 days ago
tech

Crypto gains foothold in Bolivia as small businesses seek currency alternatives

Some Bolivians are turning to crypto exchanges like Binance, cryptocurrencies like Bitcoin, and stablecoins like Tether as a hedge against the depreciation of the boliviano.

6 days ago
economy

Japan says it won't sacrifice farm sector after Trump complains about rice

US President Donald Trump wrote in a social media post that Japan's reluctance to import American-grown rice was a sign that countries have become "spoiled with respect to the United States of America."

2 days ago
companies

Godrej Launches Daycare, Supporting Working Moms with Equity and Peace of Mind

Many working parents in Indonesia, especially mothers still face a dilemma between family responsibilities and their careers. To address this issue, Godrej Consumer Products Indonesia (GCPI) established IPLAY at Godrej, a permanent in -house daycare center designed to support working parents.

2 days ago
companies

Standard Chartered supports female economic empowerment with Rp 385 billion loan to MBK

Standard Chartered Indonesia has extended its partnership with PT Mitra Bisnis Keluarga Ventura (MBK) through a new loan facility worth Rp 385 billion, which is set to support approximately 128,000 women across Indonesia.

3 days ago
companies

VinFast opens second domestic EV factory amid global expansion

The new facility, located in the central province of Ha Tinh, has an initial annual capacity of 200,000 units and spans 36 hectares (90 acres), the company said in a statement. 

3 days ago
companies

Xiaomi receives almost 300,000 SUV pre-orders in minutes

Lei Jun, founder and CEO of the electronics-turned-car company, said he was astonished by the reaction from customers.

5 days ago
companies

Nike plans to reduce reliance on China production for US market to soften tariff blow

Nike said it would cut its reliance on production in China for the United States market to mitigate the impact from US tariffs on imports, and forecast a smaller-than-expected drop in first-quarter revenue, sending its shares up 11 percent in extended trading.

6 days ago
companies

Green NGOs raise concern over $6b EV battery project

Environmental groups raised concerns Thursday over a $6 billion Indonesian EV battery megaproject backed by Chinese giant CATL, which is set to open on a once-pristine island, as Jakarta exploits its huge supply of nickel.

6 days ago
markets

Shares rally but dollar weakens with Fed independence seen under threat

Asia shares hit their highest level in more than three years on Friday as they tracked a Wall Street rally, though the dollar struggled on concerns about the Federal Reserve's independence and expectations for early rate cuts.

6 days ago
markets

Tesla's European sales slump for fifth month as EV rivals gain momentum

Tesla's new car sales in Europe fell 27.9 percent in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2 percent, with the US EV maker's revised Model Y yet to show signs of reviving the brand's fortunes.

1 week ago
markets

Shares rally, oil prices tumble as Trump announces Iran-Israel ceasefire

Global shares rallied and the dollar extended declines on Tuesday after US President Donald Trump said Iran and Israel had agreed to a ceasefire, sending oil prices into a deep dive as concerns over supply disruptions ebbed.

1 week ago
markets

Shares slip, oil rises as investors weigh Iran risks

Shares slipped in Asia on Monday and oil prices briefly hit five-month highs as investors anxiously waited to see if Iran would retaliate against US attacks on its nuclear sites, with resulting risks to global activity and inflation.

1 week ago
markets

Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites

A US attack on Iranian nuclear sites on Saturday could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher and triggering a rush to safety, investors said, as they assessed how the latest escalation of tensions would ripple through the global economy.

1 week ago
markets

Oil drops, stocks climb as Trump delays Iran move

Oil prices retreated Friday while US and European stock markets gained ground as concerns over a war escalation in Iran eased.

1 week ago

Today's ePost

Thu, July 3, 2025

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