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Jakarta Post
Regulations premium

Govt struggles to find land for solar power program

Unwieldy terrain, unresolved land acquisition and operational limitations of village cooperatives threaten to slow down Indonesia's push to develop 100 gigawatts of solar power capacity in remote regions.

8 minutes ago
Markets

Inflation fears send euro zone yields to multi-week highs

Euro zone bond yields hit multi-week highs on Tuesday after a survey showed euro zone consumers expecting higher inflation, prompting markets to raise the likelihood of a hike in interest rates by the European Central Bank in the coming months. ...

7 hours ago
Companies

GHD launches Indonesia office to tap wider market

The company's key areas of focus in Indonesia include energy, resources, water and environment.  ...

10 hours ago

The Latest

Markets premium

IDX trails Asian markets amid MSCI concerns, global risks

The index has fallen 18.21 percent from its position at the start of the year, when the market closed on Tuesday, marking the steepest decline among Asian bourses.  

10 hours ago
Economy premium

Bulog warns of tightening supply of subsidized cooking oil

State logistics agency Perum Bulog has warned of limited availability of subsidized cooking oil Minyakita in several regions, citing a lack of fresh supply from producers as a key constraint in getting the product to traditional markets.    

14 hours ago
Tech

Australia aims to tax tech giants unless they pay news outlets

Prime Minister Anthony Albanese said tech giants Meta, Google and TikTok would be given a chance to strike content deals with local news publishers.

16 hours ago
Economy premium

Govt eyes natural gas as LPG alternative amid supply strains

Compressed natural gas (CNG) feedstock, mainly methane and ethane, is more readily available domestically, potentially reducing reliance on costly imported fuels. 

16 hours ago
Regulations premium

Govt mulls requiring companies to help fund internship stipends

Around Rp 1 trillion is set to be allocated this year for the national internship program, as the government aims to widen its reach.

20 hours ago
Markets

Crude extends gains as Trump considers latest Iran proposal

Oil prices edged up and stocks wavered Tuesday as Donald Trump weighed an Iranian proposal that would reportedly re-open the Strait of Hormuz and end the eight-week-old war.

20 hours ago
Regulations premium

Palm oil smallholders cry foul over planned water tax

A proposal to impose a surface water tax (PAP) on oil palms at Rp 1,700 (10 US cents) per tree per month has sparked fierce opposition from smallholder farmers in Riau.

1 day ago
Economy premium

Local pulp producer braces for mass layoffs after permit revocation

Up to 80 percent of Toba Pulp Lestari’s workforce of more than a thousand employees may be affected after the government revoked its forest concession permit over environmental violations.

1 day ago
Economy premium

Govt aims for 5.7 percent GDP growth in second quarter

The government believes it can push gross domestic product growth beyond the typical 5 percent rate in the second quarter despite unfavorable external conditions.

1 day ago
Regulations

China vows countermeasures if EU enacts 'Made in Europe' plan

The EU unveiled in March new "Made in Europe" rules for companies trying to access public funds in strategic sectors including cars, green tech and steel, obliging firms to meet minimum thresholds for EU-made parts.

1 day ago
Executive Column premium

Executive Column: Bluebird stays course amid rising fuel costs, stiffer competition

Bluebird CEO Adrianto Djokosoentono spoke to The Jakarta Post’s Ni Made Tasyarani about how the company is navigating headwinds over rising fuel costs while trying to preserve customers’ purchasing power.

1 day ago
Markets

Chips carry stocks higher; oil jumps on stalled peace talks

Oil climbed on Monday as stalled US-Iran peace talks prolonged the disruption of Middle East energy exports, while renewed excitement about artificial intelligence spending drove up chip stocks at the beginning of a week where war, central banks and tech earnings are in focus.

1 day ago
Regulations premium

‘This is the right time’: Trade minister defends Indonesia-US tariff deal

Trade Minister Budi Santoso has defended the government’s decision to pursue a trade agreement with the United States, known as the Agreement on Reciprocal Trade (ART), which has been criticized for placing Indonesia in an unequal position with the world’s largest economy.

2 days ago
Economy premium

Danantara eyes $30b solar project on power exports to Singapore

The state asset fund is eyeing a US$30 billion renewable energy project that will export power to Singapore as well as supply the national grid, but licensing and funding issues related to a prior solar farm deal continues to cast a cloud of uncertainty among investors.

2 days ago
Tech

DeepSeek unveils new AI model tailored for Huawei chips

The close collaboration with Huawei on the new model, the V4, contrasts with DeepSeek's past reliance on Nvidia's AI chips.

2 days ago
Economy

Forecast for strong El Nino fans worries about global crops as Iran war bites

"The last time we saw similar signals was during the severe 2015 to 2016 El Nino," a meteorologist has said.

3 days ago
Economy

EU, US sign critical minerals plan to counter China reliance

An action plan said that the EU and US would explore setting minimum prices on critical minerals, effectively preventing China or other outside powers from flooding the market with inexpensive exports.

3 days ago
Companies

Google to invest up to $40 billion in AI rival Anthropic

The investment comes just days after e-commerce giant Amazon said itwill invest up to $25 billion in the artificial intelligence (AI) startup.

3 days ago
Regulations

US imposes sanctions on Chinese refinery for buying Iranian oil

Sanctions experts have long said, however, that the independent refineries are somewhat immune to the full effect of US sanctions as they have little exposure to the US financial system.

3 days ago
Regulations premium

Govt backtracks on EV taxation as adoption rises

The latest ministerial regulation appears to be the final blow to the remaining support for the EV industry, which had been showing signs of taking off in Indonesia. 

3 days ago
Economy premium

Investment growth cools as global turmoil hurts investor appetite

Foreign direct investment (FDI) reached Rp 250 trillion in Q1 2026, rising 8.5 percent year-on-year, although it slightly declined compared with Rp 256 trillion in the previous quarter.

4 days ago
Economy

Batam investment surges 103% in Q1 2026, reinforcing role as Indonesia’s key growth hub

Badan Pengusahaan Batam (BP Batam) has reported an investment realization of Rp 17.4 trillion in the first quarter of 2026, marking a 102.85 percent increase year-on-year (YoY) and 68.92 percent growth quarter-on-quarter. The performance signals a strong start to the year and reinforces Batam’s position as one of Indonesia’s most dynamic investment centers.

4 days ago
Markets premium

RI secures 150 million barrels of Russian oil

The deal was forged during President Prabowo Subianto’s three-hour meeting with Russian President Vladimir Putin on April 13.

4 days ago
Economy premium

Govt braces for shorter trips as airfare hike bites tourism

To capitalize on the potential shift, the government plans to accelerate the development of land connectivity to stimulate tourism flows.

4 days ago
Regulations premium

Whoosh structural overhaul to satisfy China, Purbaya says

The finance minister expects Chinese stakeholders "to be satisfied" with the government's latest debt restructuring plan for the Whoosh high-speed rail project, with the new setup aiming to address persistent cost overruns, delays and interagency incoordination through a more proportionate risk-sharing approach.

4 days ago
Economy

Indonesia says Russia will supply 150 million barrels of oil

Prabowo met Russian President Vladimir Putin at the Kremlin last week, where they discussed strengthening strategic partnerships, including in the energy sector, cabinet secretary Teddy Indra Wijaya said in a statement.

4 days ago
Economy

No immediate downgrade if RI deficit tops 3% amid Iran war: Fitch

The credit rating agency noted that there was a risk the government might substantially relax its fiscal and monetary policies to achieve President Prabowo Subianto's ambitious ​8 percent growth target.

4 days ago

Today's ePost

Wed, April 29, 2026

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