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Jakarta Post
A chili seller sorts fresh picks for his display at a stall in Senen Market, Central Jakarta, on
June 10, 2024.
A chili seller sorts fresh picks for his display at a stall in Senen Market, Central Jakarta, on June 10, 2024.`
Economy premium

June inflation ticks up as food prices climb

On an annual basis, headline inflation climbed to 1.87 percent, up from 1.6 percent in May.

9 hours ago
Economy premium

Indonesia posts $4.3b surplus in May on strong exports of CPO, steel

Despite ongoing trade talks in view of Trump's looming tariffs, the United States still contributed the most to Indonesia’s surplus in the January-May period this year, even jumping 31 percent to $7.08 billion compared to last year's figure.

11 hours ago
Tech

CBEX crypto scam: AI-hyped Ponzi scheme defrauds African investors

CBEX used a "brandjacking" tactic, claimed to be licensed in the US, and said that a firm called ST Technologies International was responsible for the AI trading signals.

13 hours ago

The Latest

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Economy

Japan says it won't sacrifice farm sector after Trump complains about rice

US President Donald Trump wrote in a social media post that Japan's reluctance to import American-grown rice was a sign that countries have become "spoiled with respect to the United States of America."

16 hours ago
Regulations premium

RI pushes EV battery, critical mineral projects to woo US in tariff talks

State asset fund Danantara will also be involved in the mineral project being offered.

18 hours ago
Regulations premium

JETP head flags bottlenecks in green energy procurement

For the transition to succeed, JETP emphasized that PLN must not only accelerate renewable procurement but also prioritize inclusive access and ensure project viability across all regions.

20 hours ago
Regulations

China to keep anti-dumping steel duties on Indonesia, EU and South Korea

The duties on stainless steel billets and hot-rolled plates, first levied by Beijing in 2019, range from 20.2 percent for Indonesian imports to 43 percent for those from the EU.

1 day ago
Tech

Trump says 'very wealthy' group to buy TikTok

"We have a buyer for TikTok, by the way," Trump said in an interview on Fox's Sunday Morning Futures with Maria Bartiromo. 

1 day ago
tech

CBEX crypto scam: AI-hyped Ponzi scheme defrauds African investors

CBEX used a "brandjacking" tactic, claimed to be licensed in the US, and said that a firm called ST Technologies International was responsible for the AI trading signals.

13 hours ago
tech

Trump says 'very wealthy' group to buy TikTok

"We have a buyer for TikTok, by the way," Trump said in an interview on Fox's Sunday Morning Futures with Maria Bartiromo. 

1 day ago
tech

Crypto gains foothold in Bolivia as small businesses seek currency alternatives

Some Bolivians are turning to crypto exchanges like Binance, cryptocurrencies like Bitcoin, and stablecoins like Tether as a hedge against the depreciation of the boliviano.

5 days ago
tech

As gold prices surge, West Africa mine operators launch drones to detect wildcat miners

A high-tech cat-and-mouse game is playing out with increasing frequency as record gold prices, now sitting above US$3,300 per ounce, draw more unofficial activity – intensifying sometimes deadly confrontations between corporate concessions and artisanal miners in West Africa

1 week ago
economy

Japan says it won't sacrifice farm sector after Trump complains about rice

US President Donald Trump wrote in a social media post that Japan's reluctance to import American-grown rice was a sign that countries have become "spoiled with respect to the United States of America."

16 hours ago
economy

G7 agrees to exempt US multinationals from global minimum tax

The Group of Seven nations said Saturday they have agreed to exempt US multinational companies from a global minimum tax imposed by other countries -- a win for President Donald Trump's government, which pushed hard for the compromise.

2 days ago
economy

US inflation edges up as Trump renews criticism of Fed chief

The US Federal Reserve's preferred inflation measure logged a mild uptick Friday while spending weakened, triggering another tirade by President Donald Trump against the central bank chair for not cutting interest rates sooner.

3 days ago
economy

Trump cuts off US trade talks with Canada, shattering optimism over tariff deals

US President Donald Trump abruptly cut off trade talks with Canada on Friday over its tax targeting US technology firms, saying that it was a "blatant attack" and that he would set a new tariff rate on Canadian goods within the next week.

3 days ago
companies

Godrej Launches Daycare, Supporting Working Moms with Equity and Peace of Mind

Many working parents in Indonesia, especially mothers still face a dilemma between family responsibilities and their careers. To address this issue, Godrej Consumer Products Indonesia (GCPI) established IPLAY at Godrej, a permanent in -house daycare center designed to support working parents.

1 day ago
companies

Standard Chartered supports female economic empowerment with Rp 385 billion loan to MBK

Standard Chartered Indonesia has extended its partnership with PT Mitra Bisnis Keluarga Ventura (MBK) through a new loan facility worth Rp 385 billion, which is set to support approximately 128,000 women across Indonesia.

1 day ago
companies

VinFast opens second domestic EV factory amid global expansion

The new facility, located in the central province of Ha Tinh, has an initial annual capacity of 200,000 units and spans 36 hectares (90 acres), the company said in a statement. 

2 days ago
companies

Xiaomi receives almost 300,000 SUV pre-orders in minutes

Lei Jun, founder and CEO of the electronics-turned-car company, said he was astonished by the reaction from customers.

4 days ago
companies

Nike plans to reduce reliance on China production for US market to soften tariff blow

Nike said it would cut its reliance on production in China for the United States market to mitigate the impact from US tariffs on imports, and forecast a smaller-than-expected drop in first-quarter revenue, sending its shares up 11 percent in extended trading.

4 days ago
companies

Green NGOs raise concern over $6b EV battery project

Environmental groups raised concerns Thursday over a $6 billion Indonesian EV battery megaproject backed by Chinese giant CATL, which is set to open on a once-pristine island, as Jakarta exploits its huge supply of nickel.

5 days ago
regulations

China to keep anti-dumping steel duties on Indonesia, EU and South Korea

The duties on stainless steel billets and hot-rolled plates, first levied by Beijing in 2019, range from 20.2 percent for Indonesian imports to 43 percent for those from the EU.

1 day ago
regulations

Canada rescinds tax on US tech firms in hopes of Trump trade deal

The digital services tax, enacted last year, would have seen US service providers such as Alphabet and Amazon on the hook for a multi-billion-dollar payment in Canada by Monday, analysts have said. 

1 day ago
markets

Shares rally but dollar weakens with Fed independence seen under threat

Asia shares hit their highest level in more than three years on Friday as they tracked a Wall Street rally, though the dollar struggled on concerns about the Federal Reserve's independence and expectations for early rate cuts.

4 days ago
markets

Tesla's European sales slump for fifth month as EV rivals gain momentum

Tesla's new car sales in Europe fell 27.9 percent in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2 percent, with the US EV maker's revised Model Y yet to show signs of reviving the brand's fortunes.

6 days ago
markets

Shares rally, oil prices tumble as Trump announces Iran-Israel ceasefire

Global shares rallied and the dollar extended declines on Tuesday after US President Donald Trump said Iran and Israel had agreed to a ceasefire, sending oil prices into a deep dive as concerns over supply disruptions ebbed.

1 week ago
markets

Shares slip, oil rises as investors weigh Iran risks

Shares slipped in Asia on Monday and oil prices briefly hit five-month highs as investors anxiously waited to see if Iran would retaliate against US attacks on its nuclear sites, with resulting risks to global activity and inflation.

1 week ago
markets

Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites

A US attack on Iranian nuclear sites on Saturday could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher and triggering a rush to safety, investors said, as they assessed how the latest escalation of tensions would ripple through the global economy.

1 week ago
markets

Oil drops, stocks climb as Trump delays Iran move

Oil prices retreated Friday while US and European stock markets gained ground as concerns over a war escalation in Iran eased.

1 week ago

Today's ePost

Wed, July 2, 2025

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