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Jakarta Post
Beach walk: Tourists walk on April 8, 2026, along Kuta beach near Denpasar, Bali.
Beach walk: Tourists walk on April 8, 2026, along Kuta beach near Denpasar, Bali.`
Regulations premium

Bali tightens crackdown on unlicensed tourist accommodation

According to the Tourism Ministry, of 470,000 accommodations listed on nine online travel agents platforms, only around 31,000 accommodations are listed with a verified business registration number (NIB). 

6 hours ago
Economy premium

9,000 layoffs may come within 3 months, labor union warns

One company that had fallen victim to the war was PT Xacti Indonesia, formerly known as Sanyo, which had been axing workers since last year due to financial hardships and was forced to close shop permanently this month.

9 hours ago
Markets premium

FTSE Russell removes four Indonesian stocks from global indexes

The benchmark indexes removed PT Dian Swastatika Sentosa from its large-cap index and dropped PT Daaz Bara Lestari, PT Hillcon and PT Mulia Industrindo from the small-cap index.

10 hours ago

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Companies premium

SMI extends Rp 125 billion in financing to solar projects

The state-owned infrastructure financier has struck a deal with local solar project developer GREI as part of efforts to accelerate the national energy transition and boost green financing.

11 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.

13 hours ago
Markets

Stocks rise sharply, oil and dollar slip on Middle East peace hopes

Stocks surged on Monday while the US dollar and oil prices slid as the prospect of a deal to end the Iran war buoyed risk appetite although a lack of clarity over when the Strait of Hormuz would open kept enthusiasm in check.

16 hours ago
Economy premium

Indonesian bonds shrug off interest rate hike

Indonesia has maintained relatively low bond yields, reducing the spread with US Treasuries, but economist views differ on whether that is a vote of confidence in Indonesia’s economy or an unhealthy market condition.

19 hours ago
Tech premium

Industry pushes back on move to fold ride-hailing into marketplace regulation

The Trade Ministry plans to expand the definition of trade conducted through electronic systems under Trade Minister Regulation No. 31/2023 on electronic commerce to include ride-hailing services and online travel agencies (OTAs).

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.

1 day 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.

1 day 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.

4 days 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

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.

13 hours 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.

1 day 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.

2 days ago
economy

APEC trade envoys gather in China to discuss trade imbalances, supply chain resilience

Asia-Pacific trade envoys gathered in China are expected to discuss multilateral cooperation, trade imbalances and supply chain resilience in the face of global shocks, including the US-Israeli war on Iran.

3 days 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.

3 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.

4 days ago
markets

Stocks rise sharply, oil and dollar slip on Middle East peace hopes

Stocks surged on Monday while the US dollar and oil prices slid as the prospect of a deal to end the Iran war buoyed risk appetite although a lack of clarity over when the Strait of Hormuz would open kept enthusiasm in check.

16 hours ago
markets

Asian equities climb on Mideast optimism, oil edges higher

Asian stock markets rose Friday as optimism over US-Iran talks buoyed equities, though higher oil prices kept inflation concerns in focus.

3 days ago
markets

With Fed under intense Trump pressure, new chief to be sworn in at White House

Incoming Federal Reserve chair Kevin Warsh will be sworn in at the White House on Friday, taking the reins of the US central bank as it faces unprecedented pressure from President Donald Trump to cut interest rates.

3 days ago
markets

Mideast war drives up bond yields, budget risk

The Middle East war is driving up the cost of public debt in rich countries, which could jam state budgets and push governments to unfold austerity policies, economists warn.

4 days ago
markets

Dollar rises to six-week high on rate hike bets and war uncertainty

The US dollar hit a six-week high on Wednesday as investors came to terms with the possible need for higher interest rates to tackle inflation resulting from the Iran war.

5 days ago

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