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Two travelers look at a flight information display at I Gusti Ngurah Rai International Airport in Denpasar, Bali, in this undated handout photo.
Two travelers look at a flight information display at I Gusti Ngurah Rai International Airport in Denpasar, Bali, in this undated handout photo. `
Companies premium

Soaring fares, no seats: Asian carriers see booking rush as Mideast hubs shut

Indonesian carriers are yet to be hit by a surge in demand amid the US-Israeli strikes on Iran, according to an industry association, though many flights to Europe are filling up quickly ahead of the Idul Fitri holiday in mid-March, despite exorbitant price hikes.

39 minutes ago
Markets

US weighs oil futures market action to combat price spikes, White House says

The US Treasury Department is expected to announce measures aimed at combating rising energy prices in the wake of the Iran conflict, including potential action involving the oil futures market, a senior White House official said.

1 hour ago
Markets

Stocks set for tough week, oil eyes big gains as Middle East war rages

Asia stocks fell on Friday and were headed for their sharpest weekly drop in six years while oil prices were poised for their biggest jump in four years in a turbulent week for global markets as the conflict in the Middle East showed few signs of easing.

2 hours ago

The Latest

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Economy premium

More doubt over RI credit rating as Fitch cuts view to negative

The outlook for Indonesia's credit rating has dimmed further as Fitch Ratings revised its view to “negative” from “stable”, adding to warnings over policy uncertainty following a similar downgrade from Moody’s.  

14 hours ago
Regulations premium

Indonesia confronts Meta over compliance

The Communications and Digital Ministry has issued a stern warning to the owner of Facebook and Instagram after finding the company’s compliance with Indonesian content moderation rules to be low when compared to other major digital platforms operating in the country.

16 hours ago
Companies premium

Pertamina vessels among 200 tankers stranded in Gulf

Ships operated by state-owned energy firm Pertamina with a combined capacity of about 450,000 deadweight tonnes are stuck in ports as the US-Israeli war against Iran disrupts navigation in the Strait of Hormuz.

19 hours ago
Economy

South Korea activates $68 billion market stability fund over Mideast crisis

"The escalating crisis in the Middle East is significantly worsening the global economic and security environment," President Lee Jae Myung said.

21 hours ago
Economy

Gulf shipping crisis deepens as tankers stranded for fifth day

Asia sources 60 percent of its oil from the Middle East, leaving the region vulnerable to the disruptions. Refiners in Indonesia and Japan are sourcing more oil from the US to replace the shortfall. India will consider buying more from Russia, sources at two companies have said.

22 hours ago
tech

OpenAI strikes Pentagon deal with 'safeguards' as Trump dumps Anthropic

Trump had ordered the government to stop using Anthropic, calling it a threat to national security after it refused to agree to unconditional military use of its Claude models.

5 days ago
tech

Where AI lives: Southeast Asia's data center boom

New data centers -- warehouse-like facilities that store online files and power AI tools from chatbots to image generators -- are mushrooming worldwide, and the sector is growing particularly fast in Asia.

1 week ago
tech

AI 'arms race' risks human extinction, warns top computing expert

Tech CEOs are locked in an artificial intelligence "arms race" that risks wiping out humanity, top computer science researcher Stuart Russell told AFP on Tuesday, calling for governments to pull the brakes.

2 weeks ago
tech

Job threats, rogue bots: five hot issues in AI

As artificial intelligence evolves at a blistering pace, world leaders and thousands of other delegates will discuss how to handle the technology at the AI Impact Summit, which opens Monday in New Delhi.

2 weeks ago
tech

China’s ByteDance releases Doubao 2.0 AI model for 'agent era'

China's ByteDance has rolled out its Doubao 2.0 model, an upgrade of the country's most widely used artificial-intelligence app, the company said on Saturday.

2 weeks ago
economy

South Korea activates $68 billion market stability fund over Mideast crisis

"The escalating crisis in the Middle East is significantly worsening the global economic and security environment," President Lee Jae Myung said.

21 hours ago
economy

Gulf shipping crisis deepens as tankers stranded for fifth day

Asia sources 60 percent of its oil from the Middle East, leaving the region vulnerable to the disruptions. Refiners in Indonesia and Japan are sourcing more oil from the US to replace the shortfall. India will consider buying more from Russia, sources at two companies have said.

22 hours ago
economy

China signals tolerance for slower growth with 4.5%-5% target for 2026

China set its economic growth target for 2026 at 4.5%-5%, a slight downgrade from the 5% pace achieved last year, which leaves room for greater, albeit not decisive, efforts to curb industrial overcapacity and rebalance the economy.

1 day ago
economy

Indonesia to keep budget deficit below 3% of GDP as Middle East conflict lifts oil prices

Purbaya said expenditure on Indonesia's free meals program could be scaled back, saving the country about Rp 100 trillion ($6 billion).

1 day ago
economy

Ramadan 2026: A two-speed season

Unlike in 2025, saving conditions entering Ramadan this year are weaker across income segments, limiting the spending before the disbursement of holiday bonuses.

2 days ago
companies

MR. D.I.Y. brings modern retail concept with second flagship opening

PT Daya Intiguna Yasa (MR.D.I.Y. Indonesia), Indonesia's largest home goods retailer, has officially opened its second flagship store at Summarecon Mall Bekasi 2 in Bekasi, West Java.

2 days ago
companies

Airline stocks remain under pressure; Asian carriers see surge in demand, prices jump

Asian airline shares remained under pressure on Tuesday as the US and Israeli war against Iran escalated, with carriers closely monitoring fuel price spikes and many seeing a surge in bookings as passengers switch from Middle Eastern airlines.

3 days ago
companies

Garuda Indonesia suspends flights from and to Doha

"Garuda Indonesia continues to actively coordinate with aviation authorities and relevant stakeholders to monitor the evolving situation," the company said in a statement Sunday.

5 days ago
markets

US weighs oil futures market action to combat price spikes, White House says

The US Treasury Department is expected to announce measures aimed at combating rising energy prices in the wake of the Iran conflict, including potential action involving the oil futures market, a senior White House official said.

1 hour ago
markets

Stocks set for tough week, oil eyes big gains as Middle East war rages

Asia stocks fell on Friday and were headed for their sharpest weekly drop in six years while oil prices were poised for their biggest jump in four years in a turbulent week for global markets as the conflict in the Middle East showed few signs of easing.

2 hours ago
markets

Seoul leads rebound across Asian stocks, oil extends gains

Asian equities jumped Thursday after a three-day rout sparked by the Middle East war, but concerns about an extended conflict helped oil extend gains, while analysts warned of more volatility ahead.

1 day ago
markets

Record selloff in Seoul leads stock rout as markets brace for energy shock

Asian stocks tanked on Wednesday, with a record-breaking market crash in Seoul, as investors dumped crowded bets on chipmakers on worries a widening Middle East war will drive an oil shock that raises inflation and delays interest rate cuts.

1 day ago
markets

Indonesia media report Fitch cuts country's rating outlook to negative

Multiple Indonesian local media reported on Wednesday that Fitch Ratings has downgraded Indonesia's sovereign credit rating outlook to negative from stable.

1 day ago
markets

Dollar firms, euro under pressure as energy prices surge

The dollar rallied to a three-month high in early trading in Asia on Wednesday, with investors retreating from the euro as the growing conflict in the Middle East sparked fears of a sustained rise in energy prices.

2 days ago
markets

Oil rises as expanding US-Israel war with Iran heightens supply risks

Brent crude futures LCOc1 were at $80.89 a barrel, up $3.15, or 4.1 percent, by 0745 GMT. On Monday, the contract surged to as high as $82.37, its highest since January 2025, though it pared those gains to settle 6.7 percent higher.

2 days ago

Today's ePost

Fri, March 6, 2026

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