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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.`
Companies premium

Danantara sets up new holding company for state-owned industrial parks

The legal restructuring process for Kawasan Industri Indonesia is expected to be completed this year, which will allow the firm to begin its full operations in 2027.   

31 minutes ago
Markets

Oil prices bounce higher after new US strikes on Iran

Oil prices bounced higher on Thursday while Asian stocks mostly fell, as new US strikes on Iran marked the latest test of a shaky ceasefire in the Middle East war.

2 hours ago
Markets

Dollar near one-week high as US-Iran tensions flare, yen nears intervention zone

The dollar held firm near a one-week high on Thursday on a Reuters report that the United States had carried out new strikes in Iran targeting a military site, while the yen softened towards a level that triggered central bank intervention last month.

3 hours ago

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Markets premium

Firms gear up for buybacks amid stock market slump

Listed companies are preparing to purchase their own shares on the Indonesia Stock Exchange amid a bearish market, which analysts see as a potential catalyst to ease pressure on Indonesian equities.  

6 hours ago
Markets

Oil falls, stocks waver as investors eye US-Iran talks

Oil prices fell Wednesday while stock markets diverged over conflicting headlines on talks between Iran and the US to reopen the Strait of Hormuz to Gulf crude shipments.

13 hours ago
Economy

Hong Kong overtakes Switzerland as world's top cross-border wealth hub

Hong ​Kong has overtaken Switzerland as the top global booking center for cross-border wealth, ‌a first that is unlikely to be reversed as hubs in Asia grow faster than the European safe-haven, Boston Consulting Group said on Wednesday.

22 hours ago
Economy premium

Govt earmarks Rp 7.8 trillion for second-half stimulus package

The government is allocating funds for transportation discounts during the school vacation period and the Christmas and New Year (Nataru) season, in a bid to stimulate domestic mobility and consumption.

1 day ago
Regulations premium

Work-from-home policy cuts subsidized fuel use by 9 percent

The government’s work-from-home policy introduced to minimize subsidized fuel usage amid skyrocketing oil prices has substantially reduced nationwide consumption.

1 day ago
tech

Hotels strive to be found as AI models conduct travel search

With people increasingly adopting Artificial intelligence to help plan their vacations, hotels are working to make sure that you check them out – and check in.

3 days ago
tech

Who killed Trump's AI order? Musk says it wasn't him

Speculation swirled Friday over the last-minute collapse of President Donald Trump's planned executive order on powerful AI models, with fingers pointing at the president's allies in Silicon Valley who oppose government oversight of the technology.

4 days ago
tech

Trump to sign order on AI oversight as security fears mount among supporters

US President Donald Trump is expected to sign an executive order on AI and cybersecurity as soon as Thursday, two sources familiar with the matter told Reuters, as pressure grows from parts of his political base to increase oversight of new AI models, such as Anthropic's Mythos.

1 week ago
tech

PSN’s Nusantara 5 satellite officially starts operations

Nusantara 5 (N5) satellite is Asia's biggest with a capacity of 160 Gigabits per second (Gbps) using the very high throughput satellite (VHTS) specification

1 week ago
tech

ASEAN told to strengthen approaches, frameworks for digital transformation

Beyond introducing new regulations, it is equally important to understand how institutions make decisions, coordinate implementation and respond to emerging challenges in practice.

1 week ago
tech

Big risks and rewards in upcoming IPOs at SpaceX, OpenAI, Anthropic

Wall Street is licking its chops over an unprecedented slate of massive IPOs set to arrive in the coming months, beginning with Elon Musk's SpaceX in June.

1 week ago
economy

Hong Kong overtakes Switzerland as world's top cross-border wealth hub

Hong ​Kong has overtaken Switzerland as the top global booking center for cross-border wealth, ‌a first that is unlikely to be reversed as hubs in Asia grow faster than the European safe-haven, Boston Consulting Group said on Wednesday.

22 hours ago
economy

AI chip demand drives 6 percent growth for Singapore in first quarter

Singapore's economy grew 6 percent year-on-year in the first quarter as demand skyrockets for artificial intelligence chips, balancing the fallout from the Middle East war, the government said Monday.

2 days ago
economy

EU must reform, consolidate, use joint debt to cope with spending needs, IMF says

European Union countries will face large bills for defense, energy and pensions in the next 15 years, the International Monetary Fund told EU finance ministers on Saturday, suggesting a mix of reforms, consolidation and joint borrowing as a way to manage that.

4 days ago
economy

EU seeks to rebalance trade relationship with China

The EU executive team including Sejourne will hold a special debate next Friday on how the 27-nation bloc should approach China to level the playing field.

5 days ago
companies

Samsung workers wrap up vote on massive AI bonus deal

Samsung Electronics' labor union is expected to announce Wednesday whether chip workers voted to ratify a wage deal that would deliver massive AI-linked bonuses and helped avert a major strike.

1 day ago
companies

Meta began laying off roughly 8,000 employees

According to Bloomberg, notifications went out beginning in the early morning hours, with Singapore-based workers among the first to be informed.

5 days ago
companies

Samsung strike averted but bonuses of $416,000 for some stoke concern

Samsung Electronics' shares surged on Thursday after it clinched an 11th-hour deal with its South Korean union to avert a strike, although the terms which included bonuses of around US$416,000 for some workers gave rise to some concern.

1 week ago
markets

Oil prices bounce higher after new US strikes on Iran

Oil prices bounced higher on Thursday while Asian stocks mostly fell, as new US strikes on Iran marked the latest test of a shaky ceasefire in the Middle East war.

2 hours ago
markets

Dollar near one-week high as US-Iran tensions flare, yen nears intervention zone

The dollar held firm near a one-week high on Thursday on a Reuters report that the United States had carried out new strikes in Iran targeting a military site, while the yen softened towards a level that triggered central bank intervention last month.

3 hours ago
markets

Oil falls, stocks waver as investors eye US-Iran talks

Oil prices fell Wednesday while stock markets diverged over conflicting headlines on talks between Iran and the US to reopen the Strait of Hormuz to Gulf crude shipments.

13 hours ago
markets

European stocks fall, oil rises after US strikes Iran

European stock indexes gave up some recent gains on Tuesday and oil prices rose after new US strikes in southern Iran dampened investors' hopes that a US-Iran peace deal could be imminent.

1 day ago
markets

Oil rises, stocks mixed as new US strikes dampen peace deal optimism

Oil prices rose on Tuesday and stocks were mixed as investor optimism over an imminent US–Iran peace deal was tempered by new US strikes in the Middle East.

2 days ago

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