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Jakarta Post
Economy premium

Govt scrambles for oil from anywhere amid Mideast supply crunch

While some Asian nations have declared energy emergencies amid the US-Israeli war on Iran, Indonesia has stopped short of following suit, stressing that domestic fuel and liquefied petroleum gas (LPG) supplies are secure.

3 hours ago
Tech premium

KPPU slaps $44m fine on P2P lenders over cartel scheme

The Indonesian Fintech Association (AFPI) has expressed disappointment over the ruling, saying that the maximum economic benefit set by its members was determined under a directive from the Financial Services Authority (OJK). ...

11 hours ago
Economy

WTO members try to close gap between US, India on e-commerce tariff moratorium

Countries are working to close the gap between the US and India to extend a global agreement not to impose tariffs on electronic transmissions such as digital downloads and streaming, diplomats said on Saturday. ...

15 hours ago

The Latest

Economy

WTO reform talks coming to the crunch

The ambassador facilitating talks on reforming the World Trade Organization has voiced cautious optimism on progress at a high-level meeting in the Cameroonian capital, where reforming the beleaguered global trade body is at the heart of a four-day ministerial conference.

1 day ago
Economy premium

Workers back transport reform over WFH to save on fuel

Drawing from past experience, employees said the WFH policy is cumbersome and stressful, and merely shifts energy consumption from daily commutes to other activities.

2 days ago
Companies

Cathay Pacific raises fuel surcharge on all flights by 34%

"The price of jet fuel comprises both the crude oil component and the refinery component, both of which have increased significantly in recent weeks," the company said in a statement.

2 days ago
Companies premium

Ministry's planned PNM takeover may happen this year, Purbaya says

The takeover plan aims to place the state-owned microfinance firm under the Finance Ministry for channeling the government's KUR microcredit facility.

2 days ago
Markets

Fuel-thirsty Asian countries line up for Russian oil

Indonesia, Vietnam, Thailand, the Philippines and Sri Lanka are lining up ‌to buy Russian oil as the Iran war blocks supplies, raising the possibility that demand may exceed supply.

2 days ago
Regulations premium

Prabowo vows to defend national interests as US trade deal draws scrutiny

The government said that ratifying the ART agreement was not on its near-term agenda and that it would contest allegations of unfair trade practices later raised by the US in its Section 301 probe.

3 days ago
Economy premium

Purbaya injects Rp 100 trillion into state banks ahead of Idul Fitri

The placement brings the government’s total liquidity injections into state-owned lenders such as Bank Mandiri, BRI and BNI to around Rp 300 trillion.

3 days ago
Companies premium

Airlines push for 15% fuel surcharge, fare cap hike as costs soar

The Indonesian National Air Carriers Association (INACA) stated that airlines in other regions have already adjusted fuel surcharges, with increases ranging from 5 percent to 70 percent.

3 days ago
Regulations premium

Govt mulls cutting free meal days to ease budget strain

The finance minister says the BGN, which manages the free meals program, has come up with a proposal to save over $2 billion by cutting just one day from the weekly distribution schedule.

3 days ago
Economy

Philippines suspends spot sales of electricity due to Middle East conflict

The suspension was ordered under a decree that declared a state of national energy emergency to deal with the fallout from the war, including disruptions to fuel procurement.

3 days ago
Regulations

Indonesia may relax production quotas of nickel, coal if prices stay high

Previously, Indonesia announced plans to cut output quotas for several minerals this year to help support prices, including reducing the coal production quota from 790 million tons last year to 600 million metric tons.

3 days ago
Markets

Stocks on edge as Middle East ceasefire talks take center stage

Fears of an inflationary aftershock from soaring energy prices have pushed traders to price out any chance of a Federal Reserve rate cut this year, lifting the dollar.

3 days ago
Companies

XJTLU equips students to thrive in today’s job market

For international students and graduates finding employment in other countries, it is common to be met with hurdles that are accumulated based on unwritten rules and cultural differences of each country, which may tip the scales toward native workers.

3 days ago
Economy premium

Production cuts, cost pressures cloud war-driven commodity windfall

On March 12, Finance Minister Purbaya Yudhi Sadewa said the state budget could reap windfall revenue from rising coal and CPO prices.

3 days ago
Regulations premium

RI urged to honor contracts, keep doors open in mineral tug-of-war

Despite opportunities to align its critical mineral supply chains with Western countries, experts urge Jakarta to safeguard its reputation as a reliable partner by upholding agreements with existing investors, many of whom are Chinese firms.

4 days ago
Regulations premium

Govt extends annual tax return deadline to April 30

Only 8.8 million tax returns had been filed for the 2025 tax year by March 24, out of a target of 15 million submissions, covering both individual and corporate taxpayers.

4 days ago
Markets premium

IDX rebounds after long holiday amid geopolitical jitters

Following the Nyepi-Lebaran long holiday, the bourse resumed trading on March 25 with a positive tone that was mirrored by regional markets on investor sentiment buoyed by reports that Washington was exploring diplomatic channels for de-escalation with Tehran.

4 days ago
Regulations premium

Local ceramic makers demand priority access to natural gas supply

Gas utilization in the first quarter stood at 70-72 percent, below its 80 percent target and slightly lower than the 73 percent recorded in 2025, industry players said.

4 days ago
Tech

Roblox to introduce new controls in Indonesia to comply with child social media block

Indonesia will require platforms to deactivate "high ​risk" social media accounts for under 16s, according ​to a ministerial regulation issued earlier this month.

4 days ago
Markets

Tourism, hospitality players to convene to explore sector's potential

The inaugural event, to be held on May 12 at The Langham, Jakarta, is arranged to reflect Indonesia’s unique tourism realities while addressing the evolving demands of travelers, brands and capital. 

4 days ago
Markets

Crude tumbles, stocks rally on hopes for Iran war de-escalation

Stock markets in Tokyo and Seoul spiked by more than three percent at one point, while those in Hong Kong, Sydney, Shanghai, Singapore, Wellington and Taipei also rallied.

4 days ago
Economy

Philippines declares ‘national energy emergency’

The Philippines is also keeping the option of increasing its coal imports from top supplier Indonesia in an effort to reduce electricity rate hikes.

4 days ago
Regulations premium

Danantara’s first year sparks doubts over investment focus, economic role

Analysts noted that some of Danantara’s investments over the past 12 months have potential, but others are less promising, with many still at the planning stage.

5 days ago
Economy

Indigenous knowledge helps save lives in flood-hit Malalo, Sumatra

Evidence shows that Indigenous, community-based mitigation systems are effective in saving lives during disasters. Therefore, legal recognition of Indigenous communities and customary forests is an urgent priority, alongside efforts to strengthen local knowledge systems and ensure their sustainability.

5 days ago
Companies premium

Merdeka Gold files for Hong Kong IPO to broaden investor base

The firm said the move aims to access offshore capital while ramping up production at its flagship Pani gold mine in Pohuwato, Gorontalo.

5 days ago
Economy premium

Public transport passenger numbers climb as ‘mudik’ travel peaks

Rail transport carried the largest share of passengers at 3.3 million, rising 13.46 percent year-on-year.

5 days ago
Economy

Ramadan 2026: More selective, not slower

Spending during Ramadan this year marked an overall shift in composition as consumers moved away from leisure toward necessities, giving policymakers clues as to how best to realign seasonal measures.

5 days ago

Today's ePost

Sat, March 28, 2026

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