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Jakarta Post
Economy premium

Foreign tourist arrivals yet to recover to pre-pandemic peak

Foreign tourist arrivals are expected to remain below pre-pandemic levels, even as the sector shows steady post-pandemic recovery. Experts point to intensifying competition from neighboring countries, limited diversification beyond popular destinations such as Bali and a lack of “major breakthroughs” in promoting Indonesian tourism.  

17 hours ago
Economy premium

High-end thrift stores defend their niche, promoting sustainability

In the shadow of Indonesia’s crackdown on imported secondhand clothing, a quieter, more exclusive form of thrifting continues to operate at the margins of legality. ...

2 days ago
Economy premium

Indonesia eyes to clinch US tariff deal in a fortnight

Indonesia’s technical team, tasked with the legal drafting process, has arrived in the US capital about a week ago to pave the way for Coordinating Economy Minister Airlangga Hartarto. ...

2 days ago

The Latest

Economy premium

EU, RI to ‘soften’ nontariff barriers thanks to CEPA, says Trade Minister

The EU Deforestation Regulation (EUDR), which will tighten rules on trading commodities associated with deforestation, was among the EU policies that could be addressed by virtue of the provision.

2 months ago
Economy premium

Prabowo rolls out 26,000 subsidized homes amid sluggish program

Finance Minister Purbaya Yudhi Sadewa warned that he would pull FLPP funds if the Housing Ministry failed to fully absorb them for the subsidized housing program.  

2 months ago
Economy

Vance says US 'headed to a shutdown' after meeting with Democrats

US President Donald Trump and his Democratic opponents appeared to make little progress at a White House meeting aimed at heading off a government shutdown that could disrupt a wide range of services as soon as Wednesday.

2 months ago
Economy premium

RI to establish methanol, ethanol factories to curb imports

The government has announced that "several projects" are in the pipeline to produce the two alcohols for its biofuel programs, as part of the broader national aim to achieve energy and food security.

2 months ago
Economy premium

EU appeals ‘into the void’ WTO ruling on RI biodiesel exports

The European Union plans to appeal a World Trade Organization ruling against Brussels’ import duties imposed on biodiesel from Indonesia, meaning the case is set to remain in limbo at the WTO’s paralyzed Appellate Body.

2 months ago
Economy premium

Gaikindo pushes for stimulus, govt weighs vehicle tax cut

An automotive industry executive says quick policy intervention is needed to stimulate demand in the lackluster car market.

2 months ago
Economy premium

Golden Visa investment hits Rp 48 trillion, govt says

Indonesia has generated Rp 48 trillion (US$2.86 billion) worth of investment in connection with the issuance of the Golden Visa, a special residency permit introduced last year to invite foreign investors to the country.  

2 months ago
Economy premium

Fresh grads pin hopes on new internship program amid poor job prospects

With few vacancies on offer, young Indonesians are looking to enter the jobs market through the government’s new internship program, but will they find permanent employment at the end of it?  

2 months ago
Economy premium

Oil palm farmers’ woes over land, replanting overshadow EU trade deal

Representing 40 percent of total plantation area, their challenges could limit the country’s ability to seize the export opportunities offered by the Comprehensive Economic Partnership Agreement (IEU-CEPA).

2 months ago
Economy

Trump slaps fresh US tariffs on heavy trucks, drugs and furniture

President Donald Trump on Thursday unveiled a fresh round of punishing tariffs on a broad range of imported goods, including 100 percent duties on branded drugs and 25 percent tariffs on heavy-duty trucks, set to come into force next week.

2 months ago
Economy premium

I-EU CEPA opens door to EU but small businesses will struggle to enter

Duty-free access to the European Union market is supposed to help Indonesian micro, small and medium enterprises (MSMEs), but trade associations doubt it will be a panacea for boosting exports without tackling costs, compliance and capacity.

2 months ago
Economy premium

RI, Canada ink trade pact amid US pressure

The CEPA, set to take effect in 2026, is expected to create a more predictable environment for investment in critical sectors such as clean technology, critical minerals and financial services.

2 months ago
Economy

Hong Kong, Sri Lanka, Chile and Bangladesh seeking to join RCEP

The RCEP currently consists of China, Japan, South Korea, Australia, New Zealand and all ten members of the Association of Southeast Asian Nations. 

2 months ago
Economy premium

INA seals $594m financing deal with Canada’s state lender

EDC allocated financing for Indonesia’s sovereign wealth fund, particularly for projects in priority sectors such as infrastructure, cleantech, renewable energy, as well as agriculture and food.  

2 months ago
Economy premium

WTO insists on its relevance despite rising protectionism

The World Trade Organization continues to play an important role in global trade despite its reduced ability to settle disputes between countries in an increasingly protectionist world.

2 months ago
Economy

United States to seal Southeast Asia trade deals in coming months

Greer was speaking in Kuala Lumpur at the start of a meeting with economic ministers from the 10-member Association of Southeast Asian Nations, amid concerns within the export-reliant bloc over the impact of US tariffs on their economies. 

2 months ago
Economy

US to seal Southeast Asia trade deals in coming months

Tariff rates have been set at 19 percent and 20 percent for most of the region. Laos and Myanmar have been hit with a 40 percent rate, while Singapore has a 10 percent tariff.

2 months ago
Economy premium

IEU-CEPA to help iron out ‘any’ remaining bilateral trade issues

The focal points of debate and disagreement shifted repeatedly over the years, ranging from palm oil policy to taxation, deforestation and ever-changing trade regulations.

2 months ago
Economy premium

Domestic palm oil consumption surges as exports decline

A webinar on Monday discussed some of the challenges facing the palm oil industry in the country, which was now the world's largest producer and consumer of the commodity.

2 months ago
Economy

OECD ups world economic outlook as tariffs contained, for now

The world economy will grow more than previously forecast this year after absorbing the shock of US President Donald Trump's tariffs, but their full impact remains uncertain, the OECD said Tuesday.

2 months ago
Economy premium

Tourism SEZs’ prospects in driving investment and destination development

Bali, Batam, Bintan, Mandalika and Likupang are prime examples of areas projected to continue their growth as hubs for regional and international tourism.

2 months ago
Economy

Indonesia, EU sign long-awaited trade deal

The EU is Indonesia's fifth-largest trading partner with bilateral trade reaching $30.1 billion last year.

2 months ago
Economy premium

Govt unfreezes Rp 169t amid slow free meals rollout

The Finance Ministry has unfrozen a large chunk of budget funds earmarked earlier this year for big-ticket flagship initiatives as spending on the free nutritious meal program has not scaled up as fast as anticipated.

2 months ago
Economy

ASEAN-centered trade bloc looks to expand, upgrade deal

The RCEP is seen as a potential buffer against tariffs imposed by US President Donald Trump's administration, though its provisions are considered weaker than some other regional trade deals due to competing interests among members.

2 months ago
Economy

US House lawmakers make rare China visit to stabilize ties

A group of US lawmakers on a rare visit to Beijing told China's No.2 leader, Premier Li Qiang, that the world's two largest economies need to step up engagement and "break the ice" as both superpowers made further inroads into stabilizing ties.

3 months ago
Economy

White House says $100,000 H-1B visa fee to be one-time payment

The White House issued a major clarification Saturday to its new H-1B visa policy that had rattled the tech industry, saying a $100,000 fee will be a "one-time" payment imposed only on new applicants.

3 months ago
Economy premium

2026 budget deficit nears limit, fueling fiscal worries

After the August unrest, the government has projected higher spending next year that aims to accelerate economic growth. Doubts remain on whether it can generate enough revenue to finance the plan.   

3 months ago
Economy premium

Govt revises 2026 state budget, increases regional spending

Following deadly protests and unrest that shook the country last month, the government has decided to increase total spending to Rp 3.84 quadrillion (US$232.4 billion), including an increase in regional spending to Rp 693 trillion.

3 months ago
Economy premium

Govt declares local shrimp safe after joint agency tests

Authorities have yet to trace the root cause of the radioactive contamination that prompted FDA action against Indonesian shrimp last month.

3 months ago
Economy

Nestlé Indonesia promotes spirit of independence through community empowerment

Celebrating Indonesia’s 80th Independence Day, Nestlé Indonesia partnered with Millennials Empowerment and the community of Buntu village, Central Java, to launch the #BersamaNestlé: Tanamkan Kebaikan, Ciptakan Manfaat (#TogetherWithNestlé: through goodwill, for impact) program in Dieng, Central Java.

3 months ago

Today's ePost

Mon, December 22, 2025

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