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Jakarta Post
Piles of coal are seen on barges floating down a river on Aug, 16, 2022, in Samarinda, East Kalimantan.
Piles of coal are seen on barges floating down a river on Aug, 16, 2022, in Samarinda, East Kalimantan. `
Companies premium

Bayan sells stake to Prabowo ally after quota cut

According to Bloomberg, Haji Isam previously offered around US$3 billion in cash to acquire a 62 percent stake in Bayan Resources, that would represent a discount of approximately 80 percent relative to the current market price.

10 hours ago
Companies

AirAsia's Fernandes says carrier can withstand jet fuel cost spike

Speaking at a media briefing, Fernandes said AirAsia was adept at managing cash and expected to raise more than $1 billion, mostly to refinance existing debt, by December or January.

11 hours ago
Economy premium

Finance minister promises tax refunds for eligible businesses

Business association Apindo has pointed to delayed tax refunds potentially impacting cash flow and liquidity to affect companies' wider operations.

13 hours ago

The Latest

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Economy

House discusses changes to fiscal deficit limit

The spending limits have come under the spotlight since President Prabowo Subianto ​took office in October 2024 after making costly campaign promises and setting an 8% economic growth target.

20 hours ago
Regulations premium

Businesses ‘not ready’ as halal deadline nears, push delays

The law requires products or restaurants without the certification in October to declare they do not comply with Islamic law, a step that could hit sales. In the absence of compliance, such products could be pulled from the market.

22 hours ago
Economy premium

El Niño dries up hydropower lifeline in South Sulawesi

PLN detailed that the aggregate generation capacity of the hydroelectric plants fell from approximately 850 megawatts (MW) to 250 MW.

1 day ago
Regulations premium

DPD demands higher regional transfers in 2027 state budget

Newly-appointed Finance Minister Suahasil Nazara expressed appreciation for the proposal and said that DPD proposals would be a key topic in upcoming discussions with lawmakers on the 2027 state budget draft.

1 day ago
Companies

Malaysia talks to rival airlines as it monitors AirAsia's financial health

Discussions between the government and Malaysia Airlines and Batik Air have increased in recent weeks, the people said, amid growing concerns over financial pressures faced by AirAsia.

1 day ago
tech

Indonesia's second digital leap must be about capability

Indonesia's next digital leap, rather than helping democratize access, must lead toward democratizing capability: using AI to generate value.

3 days ago
tech

OpenAI pushes for mandatory national AI safety rules

Several incidents in which AI models from developers including OpenAI accessed external systems during testing have highlighted the difficulty of containing unexpected behaviour in advanced agents, and prompted calls for tighter safety regulations.

1 week ago
tech

US accuses Chinese AI firms of 'malicious' copying of AI technology

The Chinese companies copied US AI labs’ intellectual property through a technique known as distillation, according to a statement from US law enforcement and intelligence officials.

1 week ago
tech

US, China gear up for mid-September AI safety talks

The US wants to discuss cooperation on monitoring AI-directed cyberattacks, and has floated a proposal to ask US and Chinese AI labs to "police themselves" and share information to prevent AI-linked cyberattacks.

1 week ago
tech

Meta settlement opens new front in global fight over social media harm

The deal brings sweeping changes to Meta's Facebook and Instagram platforms in the United States, including imposing a default two-hour limit on its apps for users under the age of 18.

3 weeks ago
economy

House discusses changes to fiscal deficit limit

The spending limits have come under the spotlight since President Prabowo Subianto ​took office in October 2024 after making costly campaign promises and setting an 8% economic growth target.

20 hours ago
economy

US Fed raises rates to tackle 'too high' inflation, irking Trump

The Fed's Federal Open Market Committee voted unanimously to raise rates by 25 basis points to between 3.75 and 4.00 percent.

1 day ago
economy

Purbaya says he was 'upset', but half expected removal

Known for his candor, Purbaya Yudhi Sadewa's tenure was marked by the fastest economic growth in three years, but also the widest budget deficit in over twenty years outside of the pandemic, and credit rating outlook downgrades by ratings agencies Fitch and Moody's.

3 days ago
companies

AirAsia's Fernandes says carrier can withstand jet fuel cost spike

Speaking at a media briefing, Fernandes said AirAsia was adept at managing cash and expected to raise more than $1 billion, mostly to refinance existing debt, by December or January.

11 hours ago
companies

Malaysia talks to rival airlines as it monitors AirAsia's financial health

Discussions between the government and Malaysia Airlines and Batik Air have increased in recent weeks, the people said, amid growing concerns over financial pressures faced by AirAsia.

1 day ago
companies

Malaysia talks to Batik Air, Malaysia Airlines to absorb AirAsia domestic routes

AirAsia owes state-linked airport operator Malaysia Airports Holdings Berhad (MAHB) at least 500 million ringgit (US$123.6 million) for services including landing and parking fees.

2 days ago
companies

RI shines on world stage: Sinarmas World Academy ranks among Top 5 IB Schools in the world

History has been made. Representing Indonesia on the world stage, Sinarmas World Academy (SWA) has broken into the top five International Baccalaureate (IB) schools in the world, according to the newly released 2026 results from  IB-Schools.com*. 

2 days ago
markets

Shares tick higher as Fed hikes rates, dollar jumps

The US dollar hit a seven-week high against its major peers, underpinned by a jump in short-term Treasury yields as markets ramped up wagers that the Fed may have to lift rates again, with a move by December fully priced in.

1 day ago
markets

Asian markets make nervous start ahead of Fed decision

Stocks made tentative gains at the start of the Asian trading session on Wednesday as a rise in global bond yields and oil prices paused ahead of the Federal Reserve's policy decision due later in the day.

2 days ago
markets

Dollar near two-week high as oil surge lifts yields, Fed hike bets

The dollar inched up to trade near a two-week high on Tuesday as surging oil prices lifted Treasury yields and reinforced expectations that the Federal Reserve will raise interest rates this week.

3 days ago
markets

AI-linked Asian stocks slump after top lab CEOs call for development slowdown

Anthropic CEO Dario Amodei called on AI companies to slow the rate at which they advance model capabilities amid mounting fears of misuse of artificial intelligence. Both Elon Musk, who runs xAI, and Sam Altman, CEO of OpenAI, said that they agree with Amodei.

4 days ago
markets

Oil prices jump more than 2 percent after new strikes on Saudi, Strait of Hormuz

Oil prices had been expected to rise on Monday amid growing concerns about risks to supply from Saudi ​Arabia, the world's largest oil exporter, whose East-West oil pipeline was shut on Friday by a drone strike that originated in ‌Iraq.

4 days ago

Today's ePost

Sat, September 19, 2026

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