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Jakarta Post
A woman walks past the Wisma Danantara Indonesia building on May 6, 2026, on Jl. Jend. Gatot Subroto in South Jakarta.
A woman walks past the Wisma Danantara Indonesia building on May 6, 2026, on Jl. Jend. Gatot Subroto in South Jakarta. `
Regulations premium

Export SOE won’t take over commodity shipments, Danantara says

Despite its good intentions to curb under-invoicing, the export centralization plan is seen as being rolled out prematurely.

8 hours ago
Markets

Danantara draws over $4.6 billion in orders for debut dollar bond

The demand allowed Danantara Investment Management to tighten final price guidance to 5.35 percent for the five-year notes and 5.95 percent for the 10-year notes, according to a separate updated term sheet seen by Reuters.

13 hours ago
Companies premium

Prabowo backs Kalla Group’s $3.9b power plant investment

The Kalla Group currently operates hydroelectric power plants with a combined capacity of around 1,500 megawatts (MW) and is preparing to add another 2,000 MW through new projects, including gas-fired plants. 

14 hours ago

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Economy premium

Govt rejects coal shortage claims behind Java blackouts

The Institute for Essential Services Reform (IESR) said the disruptions at a single power plant or transmission component not supposedly trigger widespread blackouts given PLN's 30 percent reserve margin, protection systems and network redundancies.

16 hours ago
Regulations premium

Govt to roll out $28m soybean subsidy amid surging import costs

The administration would earmark Rp 500 billion to fund the first phase of the program, which is set to provide a subsidy of Rp 2,000 for every kilogram of soybeans purchased by food processors.  

18 hours ago
Companies premium

State budget injection into Danantara could raise fiscal risks

Danantara is also reportedly set to launch its debut US dollar bond that could raise as much as US$1 billion in what could become a key test of foreign appetite amid growing challenges in Southeast Asia’s largest economy.  

22 hours ago
Economy premium

Retail sales, consumer confidence ease as Idul Fitri boost dissipates

Newly released data reflects a normalization in consumer sentiment after heightened demand earlier in the year driven by the Idul Fitri holiday period, and tighter monetary policy may weigh on consumer confidence and retail sales in the months ahead.

1 day ago
Regulations premium

House warns of consumer shift to subsidized fuels after Pertamax price hike

A House commission chairman has warned that hiking Pertamax's price 32.11 percent could push consumers toward cheaper subsidized fuels, even as the world continues to grapple with the energy fallout from the Middle East crisis.

1 day 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.

3 days 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.

1 week 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.

1 week 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.

1 week 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.

1 week 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
companies

Danantara launches dollar bond, eyes $1 billion, sources say

The investment arm of Danantara has launched a US dollar bond in five- and 10-year tranches and is targeting about US$500 million for each tranche, three sources with knowledge of the matter said on Thursday.

1 day ago
companies

Eden joins WOW Group to strengthen capabilities in influencer marketing

The merger was exercised amid the increased needs for brands on a more integrated marketing solution. 

1 day ago
companies

Pegadaian's first overseas venture in Timor-Leste off to strong start

The company reported that, within two months of opening its first international branch in the Timor-Leste capital of Dili on March 30, it had processed more than 600 transactions, generating total financing disbursements of US$ 329,882.

2 days 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.

3 days ago
markets

Danantara draws over $4.6 billion in orders for debut dollar bond

The demand allowed Danantara Investment Management to tighten final price guidance to 5.35 percent for the five-year notes and 5.95 percent for the 10-year notes, according to a separate updated term sheet seen by Reuters.

13 hours ago
markets

Stocks drop, oil rises as Iran and rate worries dog traders

Fresh worries about the Middle East ceasefire and the prospect of a US interest rate hike hit stocks and oil prices Thursday, following a rollercoaster week for markets that has sent shivers through trading floors.

1 day 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.

4 days 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.

4 days 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.

4 days 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.

5 days ago

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