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Jakarta Post
Industrial machines mine on May 14, 2023, at PT. Indonesia Morowali Industrial Park (IMIP), one of the biggest nickel producers in North Konawe, Central Sulawesi.
Industrial machines mine on May 14, 2023, at PT. Indonesia Morowali Industrial Park (IMIP), one of the biggest nickel producers in North Konawe, Central Sulawesi.`
Regulations premium

Govt defends policy as Chinese businesses decry tough rules, alleged extortion

The China Chamber of Commerce in Indonesia (CCCI) previously sent a letter to President Prabowo Subianto, detailing a range of complaints, from the mandatory retention of foreign exchange earnings (DHE) onshore to a recent crackdown on immigration.

3 hours ago
Markets

Nations drawing down oil stocks at record pace: IEA

Countries are tapping into oil inventories and strategic reserves at a "record pace" due to the "unprecedented" supply disruptions caused by the Middle East war, the International Energy Agency said Wednesday.

13 hours ago
Markets

Asian wheat millers resume purchases after two-month hiatus

Buyers in Indonesia, the world's second-largest wheat importer, last week signed deals to purchase at least 150,000 tonnes of new-crop Black Sea wheat for July shipment, while Thai millers booked 125,000 tonnes of US wheat, two Singapore-based traders said.

17 hours ago

The Latest

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Economy

Trump lands in China for Xi summit with Nvidia CEO in tow

President Donald Trump and an entourage that included Nvidia's Jensen Huang and Elon Musk were greeted with a lavish welcome in Beijing on Wednesday as he prepared to ask China's Xi Jinping to "open up" to US business at the start of their two-day summit.

1 day ago
Economy premium

Govt undecided on response to rupiah decline

The Indonesian currency hit a new historic low two weeks ago and is trading near 17,557 per US dollar as global uncertainty mounts.

1 day ago
Markets premium

IDX falls as MSCI review drops major Indonesian stocks

The benchmark index dropped 1.98 percent to 6,723.32 when the market closed on Wednesday. It has declined by more than 20 percent since the beginning of the year.  

1 day ago
Economy

US inflation hits three-year high fueled by Iran war

Consumer inflation in the United States hit a three-year high in April, government data showed Tuesday, with the economic fallout of the Iran war rippling through the world's largest economy.

2 days ago
Regulations premium

Curbing under-16s’ access to fintech, e-commerce could slow adoption

Indonesia started banning social media for children under 16 in March, when the communications ministry named eight platforms that must comply with new rules.

2 days ago
tech

EU chief turns up heat on social media's 'addictive' design

The European Union is working on new rules to protect children from the addictive designs of social media such as TikTok, Meta and X, EU Commission President Ursula von der Leyen said on Tuesday.

2 days ago
tech

Energizing Indonesia’s rise as an AI contender

Agentic AI are execution models involving autonomous agents that coordinate across workflows, tools and systems with minimal human input.

1 week ago
tech

EU countries, lawmakers fail to reach deal on watered-down AI rules

EU countries and European Parliament lawmakers failed to reach a deal on watered-down landmark artificial intelligence rules after 12 hours of negotiations on Tuesday and will resume talks next month.

2 weeks ago
tech

QRIS & content: A lifeline for MSMEs

With over 43 million merchants connected to the Quick Response Code Indonesian Standard (QRIS) payment system as of January, digitalization now defines the identity of today's tech-savvy market traders, moving beyond large corporations.

2 weeks ago
economy

Trump lands in China for Xi summit with Nvidia CEO in tow

President Donald Trump and an entourage that included Nvidia's Jensen Huang and Elon Musk were greeted with a lavish welcome in Beijing on Wednesday as he prepared to ask China's Xi Jinping to "open up" to US business at the start of their two-day summit.

1 day ago
economy

US inflation hits three-year high fueled by Iran war

Consumer inflation in the United States hit a three-year high in April, government data showed Tuesday, with the economic fallout of the Iran war rippling through the world's largest economy.

2 days ago
economy

China exports rebound strongly, trade surplus widens ahead of Trump visit

China's export growth gathered pace in April as factories raced to meet a wave of orders from AI-related industries and other buyers seeking to stockpile components amid fears the Iran war could push global input costs even higher.

5 days ago
companies

PT Vale secures $750 million ESG-linked syndicated loan facility

Amid growing global demand for critical minerals to support the energy transition, PT Vale Indonesia Tbk has reaffirmed its commitment to integrating sustainability into its financing strategy through securing a US$750 million sustainability-linked loan (SLL) facility.

1 week ago
markets

Nations drawing down oil stocks at record pace: IEA

Countries are tapping into oil inventories and strategic reserves at a "record pace" due to the "unprecedented" supply disruptions caused by the Middle East war, the International Energy Agency said Wednesday.

13 hours ago
markets

Asian wheat millers resume purchases after two-month hiatus

Buyers in Indonesia, the world's second-largest wheat importer, last week signed deals to purchase at least 150,000 tonnes of new-crop Black Sea wheat for July shipment, while Thai millers booked 125,000 tonnes of US wheat, two Singapore-based traders said.

17 hours ago
markets

Oil climbs but markets shrug off US-Iran deadlock

Oil prices climbed on Tuesday as US-Iran talks stalled, while markets were mixed as traders appeared to shrug off uncertainty over the 10-week-old war.

2 days ago
markets

Japan, US affirm close cooperation on currency moves

Japan and the US reaffirmed their close cooperation in dealing with exchange rate moves, including on currency intervention, Japanese Finance Minister Satsuki Katayama told reporters after a meeting in Tokyo with her US counterpart, Scott Bessent, on Tuesday.

2 days ago
markets

Share futures wobble, dollar gains as Iran talks teeter

The dollar climbed in Asia on Monday on signs that talks between the United States and Iran were deadlocked, leaving the vital Strait of Hormuz all but shut and sending oil prices higher.

3 days ago
markets

Oil climbs on Gulf clashes as AI drives stocks to weekly rise

Oil prices rose and stocks slipped as the US and Iran exchanged fire in the Middle East, though many markets in Asia were still heading for stellar weekly gains as AI demand swept up chipmakers.

6 days ago

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