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Jakarta Post
An aerial photograph of the Balikpapan refinery complex, the site of Pertamina’s Refinery Development Master Plan (RDMP) expansion project. (Courtesy of Pertamina)
An aerial photograph of the Balikpapan refinery complex, the site of Pertamina’s Refinery Development Master Plan (RDMP) expansion project. (Courtesy of Pertamina)`
Regulations premium

Shell, BP to receive fuel import quotas every six months this year

As private fuel retailers began seeing their annual stocks run low last August, the government refused to issue additional quotas and instead urged them to buy imported base fuel from Pertamina. 

2 hours ago
Economy premium

IKN Authority, UAE firm ink Rp 4t deal for new project in new capital

In the first such large commitment for months, the IKN Authority has secured a commitment of nearly US$240 million from the Emirati real estate giant to build a mixed-use development in the future capital.

3 hours ago
Companies premium

Ultra Milk spends Rp 1t in new facility to meet free meal demands

Milk is a key component of President Prabowo Subianto’s free nutritious meal program, as promised during his presidential campaign, despite Indonesia’s limited domestic capacity to meet a significant surge in demand.

4 hours ago

The Latest

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Markets

Yen surges as intervention risks lurk, gold surpasses $5,000

Gold surged past US$5,000 per ounce early on Monday following a turbulent week where tensions over Greenland and Iran rattled sentiment, while markets remained on tenterhooks after a rout in bonds and violent spikes in the yen.

10 hours ago
Regulations premium

Plan to build subsidized apartments in Meikarta raises doubts

The Public Housing and Settlements Ministry plans to transform parts of the long-stalled Meikarta project in Bekasi, West Java, into a subsidized apartment complex (Rusun) to provide affordable homes in urban areas for low-income earners.  

22 hours ago
Regulations premium

Indonesia cuts live cattle price cap after beef traders’ strike

Beef prices in Indonesia usually climb ahead of Idul Fitri, which is expected to fall on March 21 this year, as seasonal demand rises during Ramadan and the festive period.

1 day ago
Economy

Trump threatens Canada with 100% tariff if it completes China trade deal

US President Donald Trump on Saturday warned Canada that if it concludes a trade deal with China, he will impose a 100 percent tariff on all goods coming over the border.

1 day ago
Economy

US business activity steady in January; consumer sentiment improves

US business activity was steady in January as an improvement in new orders was offset by a lackluster labor market and lingering concerns among firms over higher costs because of import tariffs, a survey showed on Friday.

2 days ago
tech

India's central bank proposes linking BRICS' digital currencies, sources say

India's central bank has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which could reduce reliance on the US dollar as geopolitical tensions rise.

1 week ago
tech

Social media sites block 4.7 million underage accounts in Australia

Initial figures showed platforms were taking meaningful action to remove underage users, Australia's eSafety Commissioner Julie Inman Grant said.

1 week ago
tech

Musk dealt blow over Grok deepfakes, but regulatory fight far from over

The climb-down by Musk, who initially laughed off the trend, highlights the difficulty of policing AI tools that make it cheap and easy to create explicit content. It is the latest clash between Europe and Musk, following rows over election interference, content moderation and free speech.

1 week ago
tech

Elon Musk's Grok faces global scrutiny for sexualized AI deepfakes

X says it takes action against illegal content on the platform, including child sexual abuse material, by removing it, permanently suspending accounts, and working with local governments and law enforcement as necessary.

1 week ago
economy

Trump threatens Canada with 100% tariff if it completes China trade deal

US President Donald Trump on Saturday warned Canada that if it concludes a trade deal with China, he will impose a 100 percent tariff on all goods coming over the border.

1 day ago
economy

US business activity steady in January; consumer sentiment improves

US business activity was steady in January as an improvement in new orders was offset by a lackluster labor market and lingering concerns among firms over higher costs because of import tariffs, a survey showed on Friday.

2 days ago
economy

Danantara to deploy up to $14 billion this year, CIO says

Half of Danantara's investments this year will go to public markets, largely in Indonesia, while it also evaluates opportunities in China, India, Japan, South Korea and Europe.

3 days ago
economy

EU wants US trade deal back on track, but warns it would defend itself if threatened again

EU leaders heaved a sigh of relief over Donald Trump’s U-turn on Greenland as they met for an emergency summit in Brussels late on Thursday.

3 days ago
economy

Trump warns of 'big retaliation' if Europeans dump US Treasuries

President Donald Trump warned Thursday of major reprisals if European countries dumped key holdings of US Treasury bonds to pressure Washington, as temperatures fluctuated over the future of Greenland.

3 days ago
companies

Indonesia heading towards owning plasma fractionation plant

Indonesia is set to host its first-ever plasma fractionation plant in Karawang, West Java, which is poised to become the largest such facility in Southeast Asia. This milestone marks a major step toward operational readiness, strengthening national healthcare resilience.

1 week ago
companies

Google asks US judge to defer order forcing it to share data while it appeals

Alphabet's Google asked a judge on Friday to postpone making the company share data with rivals while it challenges a ruling that the company holds an illegal monopoly in online search, according to court papers.

1 week ago
companies

Beijing tells firms to stop using US, Israeli cybersecurity software, sources say

Chinese authorities have told domestic companies to stop using cybersecurity software made by more than a dozen firms from the US and Israel due to national security concerns, three people briefed on the matter said.

1 week ago
companies

Sinar Mas Land’s Medical Suites supports an integrated healthcare system ecosystem

As the government accelerates the transformation of the national healthcare sector through increased investment, medical technology innovation and the development of global-standard healthcare facilities, Sinar Mas Land presents Medical Suites, an international-standard medical building designed to support the development of healthcare services, research, medical education and leading medical practices.

1 week ago
markets

Yen surges as intervention risks lurk, gold surpasses $5,000

Gold surged past US$5,000 per ounce early on Monday following a turbulent week where tensions over Greenland and Iran rattled sentiment, while markets remained on tenterhooks after a rout in bonds and violent spikes in the yen.

10 hours ago
markets

Gold nears $5,000, stocks muted after turbulent week

Stocks were subdued and precious metals hit fresh highs Friday after a turbulent week that saw US President Donald Trump back down from threats to seize Greenland and to issue tariffs against European allies.

2 days ago
markets

Japan should respond 'decisively' to bond sell-off, opposition head says

Japan should act decisively against excessive market moves, Yuichiro Tamaki, head of an influential opposition party, told Reuters on Wednesday, after a brutal sell-off of Japanese government bonds sent a chill through global financial markets.

5 days ago
markets

Stocks stable after tariff-fueled selloff but uncertainty boosts gold

Asian equities stabilized Wednesday after a rough start to the week fueled by Donald Trump's Greenland-linked tariff threats. Tokyo, Sydney, Singapore, Taipei and Manila fell, while Hong Kong, Shanghai and Jakarta rose.

5 days ago
markets

Stocks, dollar take tariff hit; gold gets safety bid

Stock markets slid in Asia on Monday after US President Donald Trump threatened to slap extra tariffs on eight European nations until the US was allowed to buy Greenland, pushing the dollar down against the safe-haven yen and Swiss franc.

1 week ago

Today's ePost

Mon, January 26, 2026

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