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Jakarta Post
Economy

Reforming fiscal base: The road to a 15% tax ratio

Indonesia can learn from the experiences of its regional peers in coming up with a localized strategy to achieve its targeted tax ratio of 15 percent by 2029.

13 hours ago
Economy

For first time in long US government shutdown, hints of progress toward reopening

The first glimmers toward ending a near-record long federal government shutdown were seen in the US Capitol on Monday, as leading Senate Republicans and Democrats talked of a possible "off-ramp" to the disruption. ...

18 hours ago
Economy premium

Manufacturing exports drive trade surplus as coal price remains low

Strong shipments of processed goods and higher-value exports helped maintain Indonesia’s trade surplus in September, while global energy prices, including coal prices, weakened. ...

1 day ago

The Latest

Economy premium

Inflation slows in May as food prices fall

With inflation sits well within the central bank target, it could open room for further monetary easing to support economy recovery, though it will likely remain cautious amid risks from global uncertainties.

5 months ago
Economy premium

PLN to delay some projects in RUPTL if demand fails to rise as planned

State-owned electricity company PLN has stated it might opt to delay the implementation of some projects stipulated in its new long-term electricity business plan (RUPTL) in the case of an electricity oversupply.

5 months ago
Economy premium

Manufacturing activity inches up despite steep drop in orders

According to the latest S&P Global report, Indonesia’s manufacturing purchasing managers’ index (PMI) remained in contraction territory at 47.4 in May, albeit slightly improved from 46.7 in the previous month.

5 months ago
Economy

US debt market crisis looming, JPMorgan chief warns

"It's a big deal. It is a real problem," Dimon told Maria Bartiromo on FOX Business Network's "Mornings with Maria" show, according to an excerpt of the interview that will air in full Monday.

5 months ago
Economy

China 'firmly rejects' US claim that it violated tariff deal

Beijing and Washington last month agreed to slash staggeringly high tariffs on each other for 90 days after talks between top officials in Geneva.

5 months ago
Economy

EU threatens countermeasures over Trump's steel tariffs hike

The European Commission said on Saturday that Europe was prepared to retaliate against President Donald Trump’s plan to double tariffs on imported steel and aluminum, raising the prospect of an escalating trade fight between two of the world's largest economic powers.

5 months ago
Economy

China manufacturing shrinks in May despite trade war truce

China's manufacturing activity shrank in May for the second month running, official data showed Saturday, despite Beijing reaching a temporary ceasefire in a blistering trade war with the United States.

5 months ago
Economy

Trump says will double steel, aluminum tariffs to 50%

US President Donald Trump said Friday that he would double steel and aluminum import tariffs to 50 percent from next week, the latest salvo in his trade wars aimed at protecting domestic industries.

5 months ago
Economy premium

RI consumers trading down as economic strain persists

Turning to cheaper products is one way for shoppers to deal with reduced spending power, but economists warn that a downtrading trend could further undermine economic growth.

5 months ago
Economy

US April inflation cooled more than expected, despite tariffs

The US Federal Reserve's preferred inflation measure cooled more than expected last month, according to government data published Friday, as President Donald Trump's "liberation day" tariffs on most countries came into effect.

5 months ago
Economy

Trump spurs questions about safety of Germany's gold in New York

The safety of Germany's gold reserves held overseas and in New York in particular, until recently mainly a talking point for the country's far-right party and gold bugs, is becoming a matter of public debate with Donald Trump back in the White House.

5 months ago
Economy

Trump tariffs to remain in effect after appeals court grants stay

A federal appeals court temporarily reinstated the most sweeping of President Donald Trump's tariffs on Thursday, a day after a US trade court ruled that Trump had exceeded his authority in imposing the duties and ordered an immediate block on them.

5 months ago
Economy premium

Dalio’s reported exit sparks questions over Danantara’s game plan

The government has pushed back against reports that Bridgewater Associates founder Ray Dalio has backed out of an advisory role at Indonesia’s state asset fund Danantara and said it remained in contact with the United States hedge fund titan’s team.

5 months ago
Economy

US trade court blocks tariffs in major setback for Trump

A US federal court on Wednesday blocked most of Donald Trump's sweeping import tariffs from going into effect, ruling that the president had overstepped his authority with the across-the-board global levies.

5 months ago
Economy premium

Luhut suggests incense downstreaming to boost exports, local economies

Luhut highlighted the natural incense from North Sumatra, which is considered among the best in the world, exported to multiple countries in Asia and Europe.   

5 months ago
Economy premium

ASEAN seeks to approach US tariff talks as one and expand China ties

The 10 ASEAN member states pledge to stay united but flexible as the regional bloc looks for new partners and ways to tackle trade headwinds caused by the United States’ threat of sweeping import tariffs.  

5 months ago
Economy

Developing nations face 'tidal wave' of China debt: report

China's Belt and Road Initiative lending spree of the 2010s has paid for shipping ports, railways, roads and more from the deserts of Africa to the tropical South Pacific. 

5 months ago
Economy premium

RI nickel industry struggles to ditch coal amid global green demands

Transitioning from coal to other energy sources remains a major hurdle for Indonesia’s nickel industry, which is under growing global pressure to clean up its operations, says nickel association.

5 months ago
Economy

Japan loses status as world's top creditor

Japan's net external assets as of the end of last year stood at 533.05 trillion yen ($3.7 trillion), up 12.9 percent from a year earlier, according to data released by the finance ministry.

5 months ago
Economy premium

Jakarta hotels cut staff to stay afloat amid govt spending cuts

Most hotels in Jakarta have reported declining occupancy rates since the government cut spending on official trips and conferences, while operating costs keep climbing, forcing some to reduce headcount to scrape by.

5 months ago
Economy premium

Govt banks on consumer stimulus to reach 5% growth

The government has announced a new stimulus package to support consumer spending in the second quarter and lift GDP growth to 5 percent after a disappointing first quarter.

5 months ago
Economy premium

RI, China sign deals on industry, trade, local currency payments

President Prabowo Subianto praised several major joint projects between Indonesia and China while urging Chinese companies to deepen their involvement in Indonesia’s economy, creating jobs and transferring technology.

5 months ago
Economy

Trump says US wants to make tanks, not T-shirts

US President Donald Trump said on Sunday his tariff policy was aimed at promoting the domestic manufacturing of tanks and technology products, not sneakers and T-shirts.

5 months ago
Economy

German minister urges 'serious talks' with US on tariffs

German Finance Minister Lars Klingbeil on Sunday urged "serious negotiations" with the United States after President Donald Trump threatened to bring in 50-percent tariffs on imports from the European Union.

5 months ago
Economy

Govt to launch economic stimulus to boost consumption

The government plans to announce economic stimulus measures on June 5 to revive activity and boost consumer purchasing power, hoping to push economic growth to around 5 percent this quarter, the Office of the Coordinating Economic Minister said on Saturday.

5 months ago
Economy premium

Local films outshine foreign ones in home market

Major cinema chains tend to prioritize well-performing titles, often at the expense of smaller, independent productions that struggle to attract viewers.

5 months ago
Economy premium

Sri Mulyani inaugurates new tax, custom office chiefs

The appointment occurred as the government saw state revenue collection decline by 12 percent year-on-year (yoy) to Rp 810.5 trillion (US$49.62 billion) in first four months of this year from Rp 924.92 trillion in same period last year.

5 months ago
Economy premium

Pertamina denies claims of Russian crude transshipment

Kilang Pertamina Internasional (KPI), the refinery and petrochemical arm of state-owned oil and gas company Pertamina, has denied reports that Russian oil products are being transshipped at Indonesia’s Karimun terminal in the Riau Islands.

5 months ago
Economy

US states mount court challenge to Trump's tariffs

Twelve US states will ask a federal court on Wednesday to halt President Donald Trump's "Liberation Day" tariffs, arguing that he overstepped his authority by declaring a national emergency to impose across-the-board taxes on imports from nations that sell more to the US than they buy.

5 months ago
Economy premium

Govt sticks to ‘unrealistic’ 8% GDP growth target

The government has reaffirmed its aim to reach 8 percent gross domestic product (GDP) growth by the end of President Prabowo Subianto’s term in office, a target economists view with skepticism.

5 months ago
Page: 12

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Wed, November 5, 2025

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