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Jakarta Post
Economy premium

RI factory activity contracts as ASEAN peers gain

Indonesia’s manufacturing sector has slipped back into contraction territory as weaker output and employment offset a modest recovery in new orders, according to S&P Global.

3 hours ago
Economy

Dollar hits two-week high with Middle East conflict in focus

The US and Iran found themselves back on a war footing on Wednesday after the most significant exchange of fire in weeks. ...

6 hours ago
Companies

John Ternus takes over as Apple enters era of AI, foldable phones

One of his biggest challenges will be balancing the company's dependence on China while parrying acute political pressure from the White House. ...

6 hours ago

The Latest

Companies premium

Danantara partners up with Bakrie Group to boost commercial EV ecosystem

According to a public disclosure published by VKTR, the proposed financing set out in the agreement would provide an indicative principal amount of up to Rp 2 trillion (US$112.7 million).  

7 hours ago
Economy

Batam’s investment surge puts Southeast Asia’s industrial gateway on stronger growth path

Based on its investment activity report (LKPM), Batam’s investment realization in H1 2026 reached Rp 29.89 trillion (US$1.8 billion), equivalent to 45.3 percent of its full-year target.

8 hours ago
Markets

Bond selloff deepens as inflation risks, oil prices jolt markets

Sovereign yields are a reference point for asset prices across financial markets and the higher price of money means higher mortgage rates for consumers and tough choices for government spending as funding costs climb.

9 hours ago
Economy

The 2027 State Budget: Path toward a narrower deficit

Tax revenue in 2027 is projected at around 9.3 percent of GDP. Adding customs and excise raises the ratio to roughly 10.4 percent, slightly above 10.2 percent of GDP in the 2026 outlook.

9 hours ago
Markets

Asian markets tumble as US-Iran fighting lifts oil and bond yields

Stocks slumped in Asian trading on Wednesday as a bond market-induced selloff on global markets spilled over into the region, after renewed attacks by the United States on Iran pushed oil prices higher.

12 hours ago
Economy premium

RI reverses trade deficit with tiny July surplus

Indonesia has restored its trade balance to a small surplus in July thanks to surging outbound shipments of crude palm oil and coal.

1 day ago
Economy premium

Inflation accelerates while House approves new BI governor

The consumer price index (CPI) growth rose to 3.19 year-on-year (yoy) in August, Statistics Indonesia (BPS) official Ateng Hartono revealed in a press conference on Tuesday, well within the government’s and Bank Indonesia’s (BI) target range of 2.5 plus/minus 1 percent.  

1 day ago
Regulations premium

Govt mulling Pertalite sales curb for wealthiest 20%

Reports of fuel subsidy misuse amid rising consumption toward potentially overshooting the 2026 quotas have prompted the government to launch an active review of its policy, so that targeted consumers benefit from subsidized fuels.

1 day ago
Regulations

Legislature confirms Destry as new central bank chief

The House of Representatives on Tuesday confirmed Destry Damayanti as the new central bank governor, following the abrupt resignation of Perry Warjiyo in July.

1 day ago
Economy premium

SOEs to remit Rp 120t to state budget this year, says Purbaya

Finance Minister Purbaya Yudhi Sadewa expects Danantara to remit Rp 120 trillion ($6.76 billion) in dividends from state-owned enterprises (SOEs) to the state budget this year, marking a change from the initial plan for running the state asset fund.

1 day ago
Economy premium

Govt’s MSME credit push overlooks deeper structural problem

The government aims to boost bank lending to micro, small and medium enterprises (MSMEs) by raising the credit target from Rp 1.5 quadrillion (US$84.6 billion) to Rp 2 quadrillion in 2027, but doubts remain over whether the move will effectively address structural issues that have hindered lending to the sector.  

2 days ago
Companies premium

Bank Jakarta aims to go public in 2027

Bank Jakarta is moving ahead with its plan for an initial public offering (IPO) in June 2027 while cautioning that the move would still depend on capital market dynamics.  

2 days ago
Economy premium

Housing expo falls short, subsidized loans slow

The Danantara Housing Expo booked Rp 2 trillion in settled transactions, below an initial target of Rp 6 trillion to Rp 10 trillion, while loan disbursement for subsidized housing fell 15 percent year-on-year amid supply constraints, pointing to ongoing challenges in the government’s 3 Million Homes program.  

2 days ago
Companies

China's three biggest airlines post heavy first-half losses as fuel shock bites

The weak results underscored the post-pandemic fragility of China's aviation sector, as the trio confronted what China Eastern described as a profit environment "severely undermined" by disrupted international routes and persistently elevated jet fuel prices linked to the Middle East conflict.

2 days ago
Economy

G20 countries should consider more trade barriers on China to cut imbalances, Bessent says

Bessent said in an interview ahead of a G20 finance leaders meeting that the current flood of exports from China was unsustainable, even though the US direct trade position with China was "rapidly improving."

2 days ago
Regulations premium

Subsidized LPG quota set to run out, energy council warns

The National Energy Council (DEN) has called on the government to intensify supervision of subsidized 3-kg liquefied petroleum gas (LPG) distribution as consumption is projected to exceed the 2026 quota.

2 days ago
Markets

Dollar near two-week high as Warsh boosts rate-hike bets; yen slips past 160

The dollar held steady near a two-week high on Monday as markets ramped up bets on a rate hike after hawkish remarks by Federal Reserve Chair Kevin Warsh, while the yen slipped back through the closely watched 160-per-dollar level.

2 days ago
Economy

Global standards, governance and commercial discipline underpin INA’s investment strategy

Five years after its establishment, the Indonesia Investment Authority (INA) has demonstrated how strong governance, commercial discipline and global partnerships can mobilize long-term capital while supporting Indonesia's sustainable economic development.

2 days ago
Companies

Beyond emergency aid, NTT communities face a long road to recovery

As relief operations continue in East Nusa Tenggara, attention is turning to the harder, slower work of recovery, especially for children.  

2 days ago
Economy premium

Rising current account deficit could jeopardize rupiah

Indonesia's current account deficit reached a historic high in the second quarter that, if sustained, would put new pressure on the rupiah’s exchange value.

3 days ago
Regulations

Europe's central bankers fear more turbulence in testy US relations

Europe's central bankers are leaving an annual getaway with their United States counterparts far from reassured that long-standing norms in global cooperation remain intact and worried that more turmoil is ahead for an already testy relationship with Washington, sources familiar with the discussion said.

3 days ago
Markets premium

IDX begins trial to lower stock price floor to Rp 1

The Indonesia Stock Exchange (IDX) has started trials with exchange members to drop the minimum stock price floor from Rp 50 (0.28 US cents) to just Rp 1, ensuring readiness among the members and securities firms for the upcoming changes.   

3 days ago
Economy

Trump announces deal for huge US stake in Venezuelan oil reserves

President Donald Trump said Friday his administration has reached a huge oil deal with Venezuela that gives the United States majority control of 65 billion barrels of proven petroleum reserves.

4 days ago
Tech premium

Funding hurdles cloud local game developers despite Nintendo’s entry

The government reported 18.22 percent year-on-year growth in the applications and games subsector in 2025, with locally developed games contributing around Rp 750 billion ($42.2 million) in 2024.

5 days ago
Economy premium

Danantara puts 360,000 property units on offer at expo

The event offers prospective homebuyers a range of financing options, including down payments starting at 1 percent, mortgage rates from 2.75 percent per year and loan tenors of up to 30 years.

5 days ago
Companies premium

Danantara deploys $1 billion private credit to Partners Group: Bloomberg

Indonesia’s state asset fund has marked one of its largest investments in the global private markets through a $1 billion private credit mandate to Partners Group, according to Bloomberg.

5 days ago
Tech

Meta settlement opens new front in global fight over social media harm

The deal brings sweeping changes to Meta's Facebook and Instagram platforms in the United States, including imposing a default two-hour limit on its apps for users under the age of 18.

5 days ago

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