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Jakarta Post
Markets premium

TOD push lifts retail prospects along Jakarta's MRT corridors

A continued push for transit-oriented development (TOD) is reshaping Jakarta’s property landscape, helping retail outlets along MRT corridors and producing new growth hot spots.

2 hours ago
Regulations premium

BI keeps benchmark interest rate unchanged despite Fed cut

Bank Indonesia has kept the BI Rate unchanged in its final policy meeting of 2025 after having cut the benchmark interest rate five times throughout the year. ...

13 hours ago
Companies premium

Sarawak plans Air Borneo launch, eyes direct links to Nusantara

The IKN Authority announced that Nusantara International Airport is in the process of changing its status from a special-purpose airport to a public airport, a necessary step to serve commercial flights. ...

15 hours ago

The Latest

Economy premium

Govt wants Bantargebang landfill cleared in 2 years in waste-to-energy push

The government has set a two-year deadline to clear the massive Bantargebang landfill in Bekasi, West Java, leveraging the accelerated waste-to-energy program.

16 hours ago
Regulations premium

Govt rolls out minimum wage rule late, drawing union ire

Provincial leaders must then determine the size of next year’s minimum wage increase no later than Dec. 24

17 hours ago
Regulations premium

Nickel groups push back over ‘unfair’ illegal mining fines

Two nickel associations have formally objected to a potential fine of nearly $400,000 per hectare per year under a new ministerial decree targeting mining activities in forest areas, saying it could lead to industry-wide inequality.

19 hours ago
Tech

US threatens countermeasures on European service providers after EU fines

President Donald Trump's administration warned on Tuesday the United States could impose fees or restrictions on European service providers in response to what it called “discriminatory” actions against US firms.

22 hours ago
Economy premium

Revenue slump pushes budget deficit near 3% limit

Finance Minister Purbaya Yudhi Sadewa has acknowledged high pressure on the state budget and said the government’s 2025 deficit target may be missed but vowed that the figure would remain below the legal cap at 3 percent of GDP.

1 day ago
Regulations

How effective is 2025 VAT incentive for housing sector?

A comparative look at the government's VAT incentive policy for 2021 and 2025 shows that its effectiveness is highly dependent on contemporaneous economic conditions, thereby indicating the need for an integrated policy approach that also considers installment affordability, not just property prices.

1 day ago
Companies

Four independent smallholder groups in SMILE program attain RSPO certification

Four independent smallholder (ISH) groups under the SMILE (Smallholder Inclusion for better Livelihood & Empowerment) program have been certified by the Roundtable on Sustainable Palm Oil (RSPO). This program is a joint initiative that was launched by Asian Agri, Apical, and Kao Corporation in 2020.

1 day ago
Economy premium

Indonesia sends first direct shipment of frozen durian to China

Until now, Chinese consumers have largely relied on supplies from neighboring countries such as Malaysia, Thailand, Vietnam and the Philippines.

1 day ago
Economy premium

RI seeks trade pact with Mexico to avert planned tariffs

Trade Minister Budi Santoso says he is working to secure a bilateral trade agreement to exempt Indonesia from Mexico's planned tariffs. The move follows reports that Mexico intends to impose duties of up to 50 percent on imports from several Asian countries, including Indonesia, starting in 2026.

1 day ago
Markets

Stocks slide as investors on edge ahead of data, central bank meetings

Asian stocks tumbled while the dollar drifted near two-month lows on Tuesday as investors adopted a cautious approach ahead of a slate of US data, including the jobs report, that may help gauge the trajectory for Federal Reserve policy next year.

1 day ago
Executive Column premium

Cloud, AI services to boost Indonesia’s economy, Microsoft says

Backed by a US$1.7 billion investment through 2028, Microsoft aims to build Indonesia’s digital economy by expanding cloud and AI infrastructure, strengthening the developer ecosystem and training 500,000 AI-ready talents by 2026.

2 days ago
Economy premium

OJK pushes for consolidation in market with ‘too many banks’

A consolidation push in the banking industry looks set to make small lenders targets of mergers and acquisitions as the Financial Services Authority (OJK) wants to eliminate the lowest core capital category, which currently dominates the industry.

2 days ago
Regulations premium

Govt plans to develop silica industry across 10 industrial estates

The government plans to establish 10 industrial estates that will function as the main building blocks for developing the downstream silica industry over the next 20 years.

2 days ago
Companies

MR. D.I.Y Indonesia marks 1,200th store opening as the fastest expanding retailer

PT Daya Intiguna Yasa Tbk, better known as MR. D.I.Y Indonesia, has achieved another historic milestone in inaugurating its 1,200th store with a new outlet in Sumbawa, West Nusa Tenggara, underscoring the company’s strong commitment to national expansion beyond Java to various regions with increasing economic growth potential.

2 days ago
Companies premium

Danantara buys Mecca hotel, land assets amid Haj Village push

Under the agreement, both Danantara and Thakher Development will acquire the Novotel Makkah Thakher City, a 1,461-room hotel, along with 14 land plots spanning roughly 4.4 hectares earmarked for future development.

2 days ago
Regulations premium

Unlocking the full value of green power in Indonesia

Through a structured policy approach to monetizing its nearly limitless renewable potential, Indonesia has the resources necessary to become ASEAN's green energy powerhouse.

2 days ago
Regulations premium

Canceled Cirebon-1 shutdown raises questions for JETP

The collapse of the deal to retire the Cirebon-1 coal-fired power plant early has left Indonesia’s landmark Just Energy Transition Partnership (JETP) searching for a new direction, with experts highlighting slow disbursement and a mismatch in funding priorities.

3 days ago
Companies

In a slowing economy, SMEs must modernize

Rising costs, fragile supply chains and cooling demand are forcing businesses in Asia Pacific to rethink their future strategies.

3 days ago
Tech

China's smaller manufacturers look to catch the automation wave

In a light-filled workshop in eastern China, a robotic arm moved a partially assembled autonomous vehicle as workers calibrated its cameras, typical of the incremental automation being adopted even across smaller factories in the world's manufacturing powerhouse.

3 days ago
Economy premium

Prabowo seeks to close US tariff deal by year-end: Airlangga

Jakarta will send a delegation to Washington to discuss the matter after senior officials agreed to finalize what the two leaders agreed upon on July 22.

4 days ago
Companies

SpaceX insider share sale sets $800 billion valuation amid possible IPO, letter shows

The Elon Musk-led company's move towards a public listing, which could rank among the largest global initial public offerings, has been largely driven by the rapid expansion of SpaceX's Starlink satellite internet business.

4 days ago
Tech

Google to build subsea cables in PNG under Australia defense treaty

The $120-million effort will link northern and southern Papua New Guinea and the Bougainville autonomous region with high-capacity cables, Peter Tsiamalili, PNG's acting minister for information and communications technology, said on Friday.

4 days ago
Economy premium

Tote-and-tumbler trap: A new cycle of “green” overconsumption

Items once promoted to reduce waste are now collected, displayed and replaced at a pace that mirrors the very overconsumption they were meant to counter.

5 days ago
Regulations premium

Tax office summons wealthiest recalcitrant taxpayers

Tax director general Bimo Wijayanto said the tax office is now in possession of far more complete data than it did in the past, including the data on beneficial owners.

5 days ago
Economy premium

Cleared of contamination, RI shrimp reenters US market

The country has marked a milestone as the first containers of shrimp, certified free of Cs-137, cleared inspections to enter the US this week, ending months of disruption in supplying the seafood industry's largest export market.

5 days ago
Companies premium

Danantara signs pact for joint investments in Jordan

Danantara has previously inked partnerships with the sovereign wealth funds of Qatar, China and Russia to form a joint investment fund for strategic sectors.

6 days ago
Regulations premium

Lots of clicks, few arrivals as ‘New Bali’ dream hits snag

A report published by the Tourism Ministry noted a low search-to-traffic ratio, which gauges potential demand by comparing online search interest from various countries for the priority destinations with the actual traffic that follows.

6 days ago

Today's ePost

Thu, December 18, 2025

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