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Jakarta Post
Economy

Chinese investors eyeing Indonesia to avoid US tariffs, tap local market

Despite having a similar tariff to other Southeast Asian countries, Indonesia has an edge of its vast consumer market potential.

20 hours ago
Economy premium

Cooperatives to sell drugs at lower cost than retailers

The government plans to make the Red and White Village Cooperatives (KDMP) the main option for people to buy medication by selling some at lower prices than those offered by modern retailers. ...

1 day ago
Economy premium

Tariff jitters, rising rivals threaten RI's foreign investment charm

Analysts suggested that Indonesia scale up production to attract more manufacturers seeking new destinations, which could spur corporate investment and growth in the country.   ...

1 day ago

The Latest

Economy

Trump signs order to extend China tariff truce by 90 days

The White House reiterated its position that there are "large and persistent annual US goods trade deficits" and they "constitute an extraordinary threat to the national security and economy." 

2 days ago
Economy premium

Danantara to pour Rp 1.5t into buying farmers’ sugar

The government has tasked Danantara with financing a range of projects, from overhauling underperforming fish farms along Java’s northern coast to reviving long-stalled waste-to-energy (WtE) projects.

3 days ago
Economy premium

Retail sales spring back in July after a nine-month lull

Excluding the March data, when consumption typically spikes during Idul Fitri, boosting retail sales, annual retail sales index growth has remained weak since October of last year.

3 days ago
Economy

Indonesia, Peru strike trade agreement as leaders meet

They agreed to boost cooperation in fields including defense, narcotics, food security, energy, fisheries and mining, without providing details.

3 days ago
Economy premium

Consumer confidence inches up as Indonesians expect better times ahead

Bank Indonesia's monthly CCI improved slightly in July to indicate a more positive outlook among consumers, indicating that household spending could drive growth in the second half, though at least one economist has advised keeping an eye on the jobs figure and savings ratio for the medium term.

4 days ago
Economy

US Fed official says jobs report confirms 'signs of fragility' in market

Michelle Bowman also made the case that price increases from President Donald Trump's sweeping tariffs this year will likely represent "a one-time effect."

4 days ago
Economy premium

Motorcycle sales skid in H1 due to weak demand, tougher credit

The Indonesia Motorcycle Show, scheduled for September, is expected to serve as a catalyst and lift overall industry sentiment.

6 days ago
Economy premium

Researchers urge BPS to reveal details of GDP calculation

Economists from multiple research organizations have urged Statistics Indonesia (BPS) to reveal the calculation behind the recently released gross domestic product (GDP) data after growth far exceeded projections.

6 days ago
Economy premium

ASEAN cracks under Trump’s ‘divide and conquer’ tariff

Experts have said there is little chance ASEAN could pursue joint arrangements like the EU, despite surface similarities between the two blocs.

6 days ago
Economy premium

Prabowo calls for ‘realism over theory’ amid US tariff threats

Despite earlier hopes that the 19 percent US tariff deal would tip the scales in Indonesia’s favor, it was later revealed that regional peers such as Malaysia, Thailand, the Philippines and Cambodia also received the same rate.

1 week ago
Economy

China's exports top forecasts as shippers rush to meet tariff deadline

China's exports to the US fell 21.67 percent last month from a year earlier, the data showed, while shipments to ASEAN rose 16.59 percent over the same period.

1 week ago
Economy

Higher US tariffs take effect on dozens of economies

Higher US tariffs came into effect for dozens of economies Thursday, drastically raising the stakes in President Donald Trump's wide-ranging efforts to reshape global trade.

1 week ago
Economy premium

RI doubles down on lithium imports to power EV ambitions

Indonesia seeks to import lithium from Australia to fill a key gap in its electric vehicle (EV) battery supply chain, as part of its broader push to become a global EV manufacturing hub.

1 week ago
Economy

Trump targets tariff evasion, with eye on China

As the United States ramps up tariffs on major trading partners globally, President Donald Trump is also disrupting strategies that could be used -- by Chinese companies or others -- to circumvent them.

1 week ago
Economy premium

The impact of Trump’s tariffs: Is globalization ending?

Countries will focus on domestic production and encourage companies to shift overseas production back home, widely known as reshoring.

1 week ago
Economy premium

GDP up 5.12% on govt projects, consumer stimulus

Indonesia’s economic growth has far outstripped forecasts thanks to infrastructure projects getting pushed ahead and state-sponsored consumption incentives.

1 week ago
Economy premium

No clear winner in US tariff policy among ASEAN countries

US import tariffs vary for goods shipped in from different Southeast Asian countries, with the 19 percent duty faced by Indonesian exporters falling between the extremes.

1 week ago
Economy premium

Major auto show GIIAS ends with larger crowds but slower sales

Auto dealers have been grappling with fiercer competition, especially in the electric vehicle segment, where a wave of new models, many from Chinese manufacturers, has entered the market with aggressively low pricing.

1 week ago
Economy premium

RI manufacturers see tough times ahead as higher US tariffs kick in

Indonesian manufacturers are increasingly cautious in their outlook as business confidence has fallen to a record low amid concerns over United States import tariffs. The waning sentiment risks holding back investment.

1 week ago
Economy

India will continue to buy Russian oil, government sources say

India will keep purchasing oil from Russia despite US President Donald Trump's threats of penalties, two Indian government sources said, not wishing to be identified due to the sensitivity of the matter.

1 week ago
Economy premium

RI maintains trade surplus despite spiking capital goods imports

CPO emerged as the standout performer, with exports reaching $11.4 billion in the first half, a 24.8 percent increase from the same period last year.

1 week ago
Economy premium

RI races to finalize US trade deals before Aug. 7 tariffs take effect

The government previously stated that until the deal is formalized, Indonesian exports would remain subject to a 10 percent baseline tariff.

1 week ago
Economy premium

High rice prices, education costs push up inflation to 2.37 percent in July

The CPI grew 2.37 percent on an annual basis last month, primarily due to volatile foods component, which rose by a steep 3.82 percent, along with a monthly uptick of 0.82 percent in education costs to coincide with the start of the 2025-2026 school year.

1 week ago
Economy premium

Manufacturing PMI rises but output, demand remain weak

Indonesia’s manufacturing activity has improved but remains in negative territory due to weak output and demand, while producers’ confidence is at a low due to US tariff jitters.

1 week ago
Economy

New carbon market academy aims to strengthen local capacity, competitiveness

Launched by the IBC on July 24, the Indonesian Carbon Market Academy (ICMA) aims to equip players in the local carbon market with the capacity they need to be globally competitive and contribute to the country's 2050 net-zero goal.

1 week ago
Economy premium

Pertamina brews bioavtur from used cooking oil for August test flight

The state-owned energy is aiming for a mid-August test flight as it begins production on its new SAF made from used cooking oil, in a bioavtur synthesis process for which it developed the "Red and White catalyst".

2 weeks ago
Economy

Stakeholders discuss Indonesia’s energy transition ahead of EBTKE ConEx

The event will discuss efforts to turn Indonesia's great potential in renewable energy toward supporting the energy transition and becoming a regional leader in the sector.

2 weeks ago

Today's ePost

Fri, August 15, 2025

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