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Jakarta Post
Economy premium

Indonesia to kick off 30 GW tender in 100 GW solar power push

President Prabowo Subianto previously announced a plan to build 100 GW of solar power in the coming years, saying it could save the state up to Rp 73.9 trillion (US$4.14 billion) annually in electricity production.

8 hours ago
Companies premium

State-owned explosive firm launches electronic detonator, restarts booster plant

The electronic detonator features programmable delay times for more precise blasting in underground mines, quarries and open-pit operations. ...

10 hours ago
Tech premium

BI launches domestic credit card for public retail use

Bank Indonesia (BI) officially launched a domestic credit card for wider retail use on Independence Day, after years of preparation. ...

11 hours ago

The Latest

Economy

South Korean container ship will test Arctic route to Europe amid Western concern

South Korea will flag off on Saturday a container ship bound for Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially viable, but risking friction with Western allies, as the voyage requires Russian cooperation.

13 hours ago
Markets premium

RI’s mineral exchange plan faces positioning, governance tests

President Prabowo Subianto announced that Indonesia will launch the Strategic Minerals and Commodities Exchange (BMKS), set to begin operations on Jan. 1 next year.

17 hours ago
Regulations premium

EV motorcycle subsidy to return in September: Purbaya

Finance Minister Purbaya Yudhi Sadewa has signaled that the subsidy program for electric two-wheelers will resume in September.  

1 day ago
Regulations premium

Leading first BI meeting, Destry stresses growth, vigilance

Interim BI governor Destry Damayanti, widely expected to become the central bank’s chief soon, has conveyed a restrictive monetary policy stance in a turbulent global economy but also emphasized the need to push growth.

1 day ago
Economy premium

IKN earmarks Rp 5.3t for work on legislative, judicial buildings in 2027

The Nusantara Capital City (IKN) Authority will direct most of its 2027 budget toward completing legislative and judicial complexes, as private investment also expands across the future capital.

1 day ago
Regulations premium

Govt to set rates for on-demand food, courier delivery fees

The government is finalizing new rules for ride-hailing services, with a presidential regulation expected to be issued in September.

1 day ago
Economy

Trump pauses 50% tariffs on Canadian goods for three days

US President Donald Trump paused the planned rollout of new tariffs on Canadian goods late Tuesday, after negotiations between both countries that went down to the wire.

1 day ago
Economy

Global bond markets put governments on notice over fiscal, inflation risks

US, Japanese, German and French borrowing costs are at their highest levels in years or decades as debt levels in developed countries look increasingly unsustainable.

1 day ago
Companies premium

Govt to centralize public procurement

President Prabowo Subianto has announced that all government procurement will be conducted through the National Public Procurement Agency (LKPP), in a move he claims will save the state hundreds of trillions of rupiah and which will have a profound impact on the business landscape.

1 day ago
Markets premium

IDX outperforms Asian markets on domestic optimism

Analysts highlighted easing uncertainty following the assessment by global index provider MSCI, along with positive sentiment surrounding President Prabowo Subianto’s annual speech, as the main drivers of the stock rally.  

2 days ago
Companies premium

Former Sritex workers pin hopes on Danantara takeover

Former employees of the bankrupt textile giant are hoping that a takeover of the assets by the state investment manager would help settle outstanding severance claims.

2 days ago
Economy

Against all odds: A scholar's story that inspired many

From displacement to success, Maluku-born Richard Waery details how education and a scholarship opportunity opened numerous doors for him. His is a story of resilience and proof that one opportunity can change the course of a lifetime.

2 days ago
Economy

Uneven demand amid Indonesia’s automotive recovery

Government programs, like the free nutritious meal initiative and Red and White Cooperatives, have helped drive commercial vehicle demand, but the boost may prove difficult to sustain.

2 days ago
Markets

Bond yields jump, oil extends gains as US-Iran ceasefire expires

Bond yields climbed on Tuesday to their highest in decades, with oil prices rising for a third day, while stocks gave up early gains in Asian trade as a US-Iran truce expired and Tehran threatened to adopt a "fully offensive" military posture.

2 days ago
Economy premium

Ambitious targets cast doubt on ‘prudent’ budget plan

Economists say the government’s macroeconomic assumptions for next year cast doubt on a 2027 budget plan that comes with relatively cautious goals for state revenue and expenditure.

3 days ago
Regulations premium

Indonesia’s rare earth push faces low-content, costly extraction hurdles

In July, more than 100 shipments were delayed at Indonesian ports due to a mandatory testing program screening mineral shipment for rare earth content, despite the lack of clear government guidelines on acceptable levels.

3 days ago
Economy

Japanese economy ekes out modest growth

The Japanese economy eked out modest growth in the second quarter despite the impact of the Iran war, official data showed Monday, but the reading fell short of market expectations.

3 days ago
Companies

Europe's heatwaves expose insurance gap as business losses mount

Moody's has published estimates that last summer's European heatwaves cost 43 billion euros (US$50 billion) in lost economic output while generating only about 500 million euros of insured payouts.

4 days ago
Markets

Iran defiant on strait as Trump tells Americans to accept high gas prices

Iran called on the United States to accept defeat while President Donald Trump blasted Tehran as "very evil" and told Americans to brace for continued high fuel prices as a result of the war.

5 days ago
Economy premium

Prabowo vows low budget deficit, rigorous fiscal discipline

President Prabowo Subianto has proposed a low fiscal deficit for the 2027 state budget bill though more efficient spending and higher revenue, even while holding onto an ambitious economic growth target.

6 days ago
Economy premium

Housing ownership backlog falls to 9.29 million in March

For the first time, Statistics Indonesia (BPS) released a housing statistics figure, which compiles data from the National Socioeconomic Survey (Susenas) and administrative data from ministries, government agencies and local administrations.

6 days ago
Tech premium

RI, India to share AI, digital platforms for official statistics

Indonesia and India have agreed to exchange artificial intelligence applications and digital statistical platforms to expedite the modernization of their national data systems.

6 days ago
Economy premium

Prabowo vows to crack down on bad SOE governance, directors

President Prabowo Subianto plans to eliminate more than 750 state-owned enterprises and open legal

6 days ago
Companies premium

Telkom’s financial statement under scrutiny amid fraud claims

The Indonesia Stock Exchange (IDX) has conducted investigations over the fraud allegation and held a meeting with the company’s management on April 8.   

6 days ago
Markets

Asian stocks set for weekly gain on fading US rate hike wagers

Asian stocks rose on Friday, poised for their strongest week in two months as benign inflation data dented expectations of an imminent US rate hike, although faltering talks to end the war in the Middle East are likely to keep risk sentiment in check.

6 days ago
Economy premium

Rising exports offer new hope for textile industry

Indonesia’s textile exports are expected to grow by up to 4 percent in 2027, but weak supply-chain integration and outdated machinery are keeping the the industry from reaching its full potential.

6 days ago
Markets premium

MSCI drops battered GoTo from stock indexes

MSCI’s move to remove and downgrade Indonesian stocks from its indexes may trigger outflows of Rp 500 billion to Rp 1 trillion, mainly affecting stocks directly impacted by the rebalancing.

1 week ago

Today's ePost

Thu, August 20, 2026

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