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Jakarta Post
A price board displays the current prices of fuel on April 19, 2026, at a gas station on Jl. Jend. Basuki Rachmat in East Jakarta.
A price board displays the current prices of fuel on April 19, 2026, at a gas station on Jl. Jend. Basuki Rachmat in East Jakarta. `
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.

2 hours ago
Regulations

Govt to scale back commodity export centralization, tighten monitoring: Sources

Indonesia is scaling back a controversial proposal to centralize the export of its strategic commodities, after buyers and exporters raised concerns, The Straits Times has learned.

4 hours ago
Companies premium

Singapore backs Sulawesi solar project, Sumatra data center push

A submarine cable connection linking Batam and Singapore is also expected to be completed by year-end.

4 hours ago

The Latest

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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.

6 hours 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.

6 hours ago
Economy premium

Barter to reduce forex risks in cross-border trade, govt hopes

Avoiding use of the US dollar, Indonesian companies recently signed countertrade deals with Philippine business partners worth $350 million. Jakarta encourages cross-border barter as a way to tackle exchange rate risks, but the measure will do little to help the ailing rupiah, experts note.

10 hours 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. 

10 hours ago
Economy premium

Indonesia's economic pivot calms markets, but firmer measures needed

'Oversold' markets expect concrete improvement in policies, not rhetoric. 

20 hours 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.

2 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.

5 days 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.

6 days 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.

6 hours 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. 

10 hours 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.

1 day 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.

2 days ago
companies

Indonesian hotel chain confirms exit from Cuba

Foreign businesses including several international hotel chains have ended or vastly reduced their presence in Cuba ahead of a Friday deadline from US President Donald Trump to sever ties with military conglomerate GAESA, which controls much of the island's economy and is sanctioned by Washington.

4 days 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.

6 hours 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.

3 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.

3 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.

3 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.

4 days ago
markets

Yen hits key 160 level for third session, dollar buoyed by Gulf woes

The Japanese yen is testing the 160 barrier on Friday, prompting pushback from Japanese officials, while the US dollar is on track for a weekly gain as Gulf tensions fuel safe-haven flows.

6 days ago

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