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Jakarta Post
Economy

US agrees tariff exemption for RI's palm oil, cocoa, rubber, senior minister says

The exemption will take effect once both sides reach a final pact, but no timeline was set as the US was busy in tariff talks with other countries.

17 hours ago
Economy premium

Danantara to raise Rp 50 trillion through low-coupon ‘patriot bonds’

Danantara Indonesia plans to raise Rp 50 trillion through so-called patriot bonds to fund waste-to-energy facilities and strategic projects in what the government bills as a move to boost public-private collaboration for long-term national development. ...

18 hours ago
Economy premium

Textile industry, govt at odds over rising yarn imports

The Indonesian Filament Yarn Producers Association (APSyFI) accused the government of bowing to “import mafia” interests at the expense of local producers of similar goods who are struggling to survive. ...

1 day ago

The Latest

Economy

Indonesia Exhibits its Achievements in SDG Localization at The UN Headquarters

Currently, Indonesia’s efforts of localizing the Sustainable Development Goals (SDGs), at the national, provincial, district/city and village levels are being showcased at the United Nations Headquarters in New York, the United States, during the High-Level Political Forum on Sustainable 2023 event taking place from July 10-20, 2023.

2 years ago
Economy premium

Shrinking domestic industry may dethrone RI as world's No. 2 rubber exporter

A variety of factors are behind the decline in the rubber industry in Indonesia, which might be left playing catch-up as the global demand for the commodity drives downstream expansion.

2 years ago
Economy premium

Indonesia looks to import cattle, soy from South Africa

The government has unveiled a plan to import 50,000 cattle and 300,000 tonnes of soy from South Africa to expand bilateral trade in the agricultural sector.

2 years ago
Economy premium

Indonesia en route to achieving 8.5 million foreign arrivals this year: Sandiaga

The tourism minister expressed confidence that Indonesia would meet this year’s target of 8.5 foreign arrivals after reaching 50 percent of that figure as of May.

2 years ago
Economy

Indonesia leads archipelagic countries’ partnership for disaster mitigation

Indonesia’s location in the ring of fire makes it vulnerable to natural disasters. A global risk analysis conducted by the World Bank ranks Indonesia 12th out of 35 countries facing a relatively high mortality risk from multiple hazards.

2 years ago
Economy

Localization of SDGs at village and regional levels expedites sustainable development

“The adaptation of Sustainable Development Goals [SDGs] in regions across Indonesia has evidently accelerated […] an exemplary practice that should be adopted by other countries.

2 years ago
Economy premium

Mall tenants to maintain prices despite hike in rents

Mall rents are projected to rise this year but retailers say they will maintain their prices as long as the increase is not too extreme.

2 years ago
Economy premium

State finances still solid, but govt wary of trend

The Finance Ministry has warned that a slowing global economy could hurt Indonesia’s budget, as weaker commodity exports take a toll on customs and excise as well as on non-tax revenue.

2 years ago
Economy

Indonesia aims to increase SDG achievement through cross-country partnerships

In recent years, awareness about the United Nations Sustainable Development Goals (SDGs) has increased, as the world tries to grapple with the effects of climate change.

2 years ago
Economy premium

Potable tap water still a pipe dream, for now

Though problems with drinking water supply have been acknowledged for some time, solutions have remained elusive. Now, with the new capital city’s promise to build a potable water system, could it be rolled out elsewhere in the country?

2 years ago
Economy

Yellen urges US-China cooperation on economy, climate

US Treasury Secretary Janet Yellen on Saturday urged closer communication between China and the United States to improve economic decision-making, and challenged China to join global initiatives to help poorer nations address climate change.

2 years ago
Economy premium

Most Indonesians support shutting down coal power plants

While the majority of Indonesians support a departure from coal-fired electricity, most are not aware of the Just Energy Transition Partnership (JETP) funding scheme.

2 years ago
Economy

Blue economy bodes well for ASEAN

The blue economy, a new engine of economic growth, bodes well for the countries of the Association of Southeast Asian Nations (ASEAN) that are eager to achieve prosperity despite lingering challenges.

2 years ago
Economy

Australian coal earnings expected to plummet

The Department of Industry forecast shipments of thermal coal -- used in electricity production -- would be worth US$20 billion, down from US$43 billion this year.

2 years ago
Economy premium

RI not out of woods yet despite return to upper-middle-income status

The Finance Ministry shared on Monday that Indonesia had regained its status as an upper-middle-income country following the pandemic. 

2 years ago
Economy

RI, Australia fast-track cooperation to develop critical minerals,EV battery supply chains

The 2023-25 Action Plan aims to deliver near-term economic benefits for Indonesia and Western Australia by building value-added, resilient and sustainable battery and mineral industries in both countries.

2 years ago
Economy premium

Australia, Indonesia look to team up on EVs, batteries

President Joko "Jokowi" Widodo, who will meet Australian Prime Minister Anthony Albanese in Sydney, has set the stage by suggesting the two countries build a regional hub for electric vehicle manufacturing -- a move that could loosen China's grip on the booming industry.

2 years ago
Economy premium

Domestic demand keeps RI factories humming as regional peers falter

Indonesia’s manufacturing purchasing managers’ index (PMI) rebounded last month on the back of strong domestic demand, even while activity slumped in other countries in the region amid weak global demand.

2 years ago
Economy

Saudi extends oil cut of 1 million barrels per day

The cut which first took effect for July will continue in August and "can be extended", the official Saudi Press Agency (SPA) reported, citing an energy ministry source. 

2 years ago
Economy premium

Inflation slows more than expected but don’t hold your breath for BI rate cut

Maintaining a trend that began in March, inflation dropped to 3.5 percent last month, which is lower than market estimates, yet experts do not expect Bank Indonesia to cut its benchmark interest rates this year, as imported inflation remains a risk.

2 years ago
Economy

Asia's factory output slumps as weak China demand weighs

Asia's factory activity slumped in June, business surveys showed on Monday, as sluggish demand in China and advanced nations clouded the outlook for the region's exporters.

2 years ago
Economy premium

Govt to extend Greater Jakarta LRT to Bogor, Karawang

The government has not decided whether the extension would use elevated rails, that are implemented on the existing lines, or on-the-ground rails (at grade).

2 years ago
Economy

US first quarter GDP growth revised sharply up to 2%

US economic growth came in at 2 percent in the first quarter this year, the Commerce Department said Thursday, making a significant upward revision to earlier estimates partly on stronger-than-expected consumer spending.

2 years ago
Economy

Yellen hopes to travel to China to 'reestablish contact'

The are heightened tensions and pessimism in the US-China relationship over national security issues, including Taiwan, Russia's war in Ukraine, growing US export bans on advanced technologies and China's state-led industrial policies.

2 years ago
Economy

Italy warns of 'damage' from ECB interest rates hikes

Italian Prime Minister Giorgia Meloni on Wednesday criticised the European Central Bank's hiking of interest rates to fight inflation, warning "the cure risks proving more damaging than the disease".

2 years ago
Economy

Mastercard launches Strive Indonesia to boost financial and digital inclusion for MSMEs

Commemorating International MSMEs day, Navin Jain, President Director of PT Mastercard Indonesia, spoke to The Jakarta Post on Mastercard’s insights regarding MSMEs in Indonesia, the challenges they face and how Mastercard plans to empower these local businesses.

2 years ago
Economy premium

Discourse: UK seeks mutual interests with RI in supply chain security

On a visit to Jakarta, UK Deputy Prime Minister Oliver Dowden said he wanted to demonstrate that his country was open for business and trade.

2 years ago
Economy premium

RI Embassy in Seoul launches program for worker empowerment

The Indonesia's Best Professional Program kicked off on June 26 and includes work placement opportunities and competence building.

2 years ago
Economy premium

Commodity downturn to eat into state revenue, Finance Ministry says

Lower world commodity prices will impact state revenue this year, the Finance Ministry has said, as the sector accounts for a significant portion of the government’s tax and nontax income.

2 years ago
Economy premium

World Bank sees stagnant FDI, slowdown in growth for Indonesia

In its latest projection for Indonesia's economy, the World Bank forecast a slowdown in gross domestic product (GDP) growth to 4.9 percent this year.

2 years ago
Page: 48

Today's ePost

Wed, August 27, 2025

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