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Boxes of battery cells are seen stored for shipment on Aug. 28, 2024, at a battery manufacturing plant at PT HLI Green Power in Karawang, West Java.
Boxes of battery cells are seen stored for shipment on Aug. 28, 2024, at a battery manufacturing plant at PT HLI Green Power in Karawang, West Java.`
Economy premium

RI factories slide into contraction in June amid soaring costs, weak demand

The S&P Global Indonesia Manufacturing PMI plunged to 46.9 in June from 50.0 in May, which is also the threshold that separates expansion from contraction, signaling a fresh decline in the health of the goods-producing sector.

40 minutes ago
Tech premium

Govt joins forces with Meta in ramped-up crackdown on bot-driven gambling spam

The communications ministry and US tech giant Meta are set to form a joint team to tackle a sharp rise in spam comments flooding platforms with gambling promotions, with a view to expanding cooperation with other social networks.

2 hours ago
Economy

US declaration to exit USMCA to start a decade-long countdown for the pact

US President Donald Trump's administration is expected to formally declare on Wednesday that it will not extend the US-Mexico-Canada Agreement on trade, starting a decade-long clock to wind down the 32-year-old North American free trade zone as the three countries haggle over proposed changes.

6 hours ago

The Latest

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Markets premium

RI bond market improves as stocks stuck in slump

Foreign demand for Indonesian sovereign bonds has improved thanks to recent interest rate hikes from Bank Indonesia (BI), while the stock market is still in the doldrums.

18 hours ago
Regulations premium

Unions push to scrap pension fund withdrawal tax

Labor organizations argue that taxing old-age benefits (JHT) withdrawals undermines the purpose of the social security program, particularly as workers face mounting layoff risks and rising living costs.

22 hours ago
Regulations premium

Govt to rescue local tile producer to prevent layoffs, labor leader says

The KSPSI previously estimated that rising industrial gas costs could put roughly 55,000 workers at risk of layoffs.   

23 hours ago
Economy

A tougher road ahead for the property sector

On the demand side, home sales fell by 25.7 percent year-on-year (yoy) in Q1, according to a Bank Indonesia survey.

1 day ago
Markets

Yen stumbles to 40-year low as clock ticks on intervention

The yen slumped to levels not seen since 1986 on Tuesday, stoking worries that direct intervention from Tokyo was around the corner, while the dollar backed away from 13-month highs ahead of jobs data that could influence the US rate outlook.

1 day ago
tech

China's 'future industries' push triggers flood of venture capital, bubble concerns

Venture capital and private equity investments in China totaled $91.6 billion in the first five months of this year, jumping nearly 60 percent from a year earlier, according to ChinaVenture Investment Consulting.

6 days ago
tech

Indonesia plans to embed AI in key programs, including $15 billion free-meal drive

The presidential regulation lays out a roadmap for ministries and regional governments to adopt AI from 2026 to 2029, targeting "economic growth through development, facilitation and use of AI especially in the president's priority programs."

1 week ago
tech

US judge dismisses Musk's xAI trade secret lawsuit against OpenAI

Monday's decision is Elon Musk's second legal loss against OpenAI in four weeks.

2 weeks ago
economy

US declaration to exit USMCA to start a decade-long countdown for the pact

US President Donald Trump's administration is expected to formally declare on Wednesday that it will not extend the US-Mexico-Canada Agreement on trade, starting a decade-long clock to wind down the 32-year-old North American free trade zone as the three countries haggle over proposed changes.

6 hours ago
economy

A tougher road ahead for the property sector

On the demand side, home sales fell by 25.7 percent year-on-year (yoy) in Q1, according to a Bank Indonesia survey.

1 day ago
companies

UK cigarette giant BAT to cut 5,500 jobs globally

The maker of Lucky Strike and Dunhill cigarettes aims to save £600 million ($792 million) a year by 2028 in a restructuring that will affect around 20 percent of BAT's 47,000-member workforce, it said in a statement.

1 day ago
companies

VW weighs up to 100,000 job cuts, four plant closures, sources say

Volkswagen is considering shutting four German factories and ramping up job cuts to as many as 100,000, two people familiar with ‌the matter said on Friday, in what could be the biggest ever overhaul in the industry.

4 days ago
companies

Samsung Group to unveil $648 billion South Korea investments, report says

Samsung Group will announce on Monday plans to invest 1,000 trillion won (US$647.53 billion) in South Korea over 10 years, including a potential 300 trillion won to build chip factories in the southwest of the country, a media report said on Friday.

5 days ago
markets

Yen stumbles to 40-year low as clock ticks on intervention

The yen slumped to levels not seen since 1986 on Tuesday, stoking worries that direct intervention from Tokyo was around the corner, while the dollar backed away from 13-month highs ahead of jobs data that could influence the US rate outlook.

1 day ago
markets

Asian stocks set for record-breaking quarter; dollar sinks gold and yen

Asian stocks wobbled toward the end of a sparkling quarter on Tuesday, while a resurgent dollar pushed the yen to a four-decade low and was headed for a fourth straight quarterly rise.

1 day ago
markets

Asia stocks adrift as Middle East worries meet rate-hike bets

Asian stocks wobbled on Monday after Iran and the United States agreed to halt renewed hostilities that had cast a shadow over an interim peace deal and kept oil prices supported, while the dollar stood tall near a one-year high on rate-hike bets.

2 days ago
markets

Attack on ship in Hormuz leads UN to halt evacuation plan for trapped sailors

An attack on a ship Thursday in the Strait of Hormuz led the UN to suspend efforts to evacuate trapped mariners as the United States warned against Iran charging fees for passage through the vital waterway.

5 days ago
markets

Asian stocks surge as Micron earnings ease AI fears

Asian equities surged on Thursday after strong earnings and forecasts from chip giants Micron and Qualcomm helped alleviate some concerns over the red-hot AI rally that has pushed global stocks to record highs.

6 days ago
markets

Dollar hits 13-month high as rate-hike bets, stock rout boost demand

Stock market volatility continued after a broad selloff of technology and semiconductor sectors dragged global shares lower, sparking safe-haven demand for the dollar and bonds.

1 week ago

Today's ePost

Wed, July 1, 2026

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