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Three children walk past a Red and White Cooperatives outlet that has yet to begin operations in Ternate, North Maluku, on July 11, 2026. The government aims to have 40,000 such cooperatives operating by the end of 2026 as part of efforts to strengthen rural economies, complete cooperative facilities and prepare professional staff to manage the program.
Three children walk past a Red and White Cooperatives outlet that has yet to begin operations in Ternate, North Maluku, on July 11, 2026. The government aims to have 40,000 such cooperatives operating by the end of 2026 as part of efforts to strengthen rural economies, complete cooperative facilities and prepare professional staff to manage the program. `
Regulations premium

Prabowo’s plan to channel PNM loans through cooperatives raises eyebrows

Experts warn that without the intensive mentoring long associated with microfinance, an area in which the Red and White Cooperatives still lag, the loans risk turning into bad debt.

2 hours ago
Tech premium

Indonesia 'nowhere' in global AI supply chain, deputy minister says

Official says other countries are weaponizing technology chokepoints as competition shifts to hardware manufacturing and compute infrastructure.

6 hours ago
Tech premium

Banks saw online gambling transactions surge 260% in 2025: OJK

The banking industry has seen a whopping 260 percent increase in suspected online gambling transactions from 2024 to 2025, according to the OJK, which is working to enhance interinstitutional system integration, enforcement coordination and technological capacity to crack down on the evolving criminal sector.

8 hours ago

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Regulations premium

Coretax to be central tax administration system from July: Finance Ministry

The Finance Ministry has announced that the capacity of the Coretax platform will be expanded gradually this month to handle all tax-related matters, in an aim to enable better oversight, data accuracy and administrative effectiveness, as well as to increase taxpayer confidence.

10 hours ago
Economy

US inflation cools in June before renewed Mideast fighting

US consumer inflation cooled more than expected in June as energy costs fell on a temporary easing of the US-Iran war, government data showed Tuesday, but renewed hostilities could stoke price pressures.

11 hours ago
Companies premium

Layoff-free SOE overhaul deemed 'unrealistic'

Experts suggested that workforce reductions would likely be framed as early retirement or voluntary resignation packages accompanied by generous compensation.

15 hours ago
Regulations premium

Govt slashes fuel prices for mid-scale fishermen

To make the scheme financially viable, the government has set a domestic reference price for nonsubsidized diesel at Rp 18,600 per liter, based on average production costs. 

1 day ago
Markets premium

Regaining retail investors’ confidence

In the first and second weeks of July, average daily transactions reached only Rp 10 trillion to Rp 11 trillion, down sharply from more than Rp 22 trillion in June 2026.

1 day ago
tech

OpenAI reportedly proposes handing US government 5 percent stake

OpenAI has discussed giving the US government a 5 percent stake, the Financial Times reported on Thursday, as AI firms face growing scrutiny in Washington over the potential misuse of advanced models and whether Americans will share in the sector's profits.

1 week ago
companies

Pearson aims to help graduates learn and earn in the age of AI

A new study by Pearson, conducted in partnership with Amazon Web Services, Inc. (AWS), finds that more than half of employers worldwide are unable to find graduates with the AI skills they need.

1 day ago
companies

South Korean billionaire's risky bet pays off as SK Hynix debuts in New York

Under chairman Chey Tae-won, seeking an edge over Samsung, SK Hynix has spent more than a decade betting on high-bandwidth memory (HBM) chips, at the time a niche technology, with the wager eventually paid off as HBM became a critical component in Nvidia's AI accelerators.

4 days ago
markets

Asian stocks drop as oil rises after Trump's Hormuz levy threat

Stocks fell and oil hit a one-month high in Asian trading on Tuesday after President Donald Trump said the US was reinstating its blockade of Iranian shipping in the Gulf and would collect a 20 percent fee on cargo traversing the Strait of Hormuz.

1 day ago
markets

Oil prices spike on fresh US-Iran attacks, tech weighs on stocks again

Oil prices jumped more than four percent Monday after another flare-up between the United States and Iran that threatened their already fragile truce, while Seoul led losses in most Asian stock markets as tech firms suffered another selloff.

2 days ago
markets

Asian stocks surge as investors focus more on AI than Middle East attacks

Asian stocks rose sharply on Friday, led by chip and AI firms as investors brushed off concern over the stalled recovery of energy supplies through the critical Strait of Hormuz, with tit-for-tat attacks escalating between the United States and Iran.

5 days ago
markets

Asian shares climb on chip rally, oil up as Gulf hostilities resume

Asian shares climbed on Thursday as semiconductors got a respite from heavy selling, though gains were capped by a surge in oil prices as a resumption of hostilities in the Gulf reignited inflation fears and hammered bonds.

6 days ago

Today's ePost

Wed, July 15, 2026

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