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Jakarta Post
Markets premium

Indonesia’s IPO pipeline gets thinner amid stock market jitters

The IDX stated that there are 12 companies waiting in the IPO queue to list on the bourse this year.  

4 hours ago
Economy premium

Banks expected to see lower profits amid weakening rupiah, rate hikes

Due to elevated funding costs, sustained NIM pressure and higher provisions, Samuel Sekuritas has lowered its 2026 earnings growth forecast for banks from 4.6 percent in its previous report to 1.8 percent.   ...

9 hours ago
Economy

Indonesian economy comes up for air but struggles to win back investors

At a time when Indonesia desperately needs foreign currency, authorities spooked investors with tighter export controls lambasted as "resource nationalism", while a move by parliament to tighten oversight of the central bank raised fears for its independence. ...

12 hours ago

The Latest

Economy

UK, Japan set to agree $24 billion investment, tech partnerships

The agreements include a Japanese five-year investment pipeline of more than 9 billion pounds in infrastructure and financial services, alongside plans to unlock up to 9 billion pounds for UK offshore wind projects.

12 hours ago
Economy

Trump faces G7 after year of trade wrath, diplomatic bluster

The summit in France will bring the US face-to-face with France, Germany, Canada, Italy, Japan and the United Kingdom.

1 day ago
Tech

Anthropic disables top-tier AI models after US order limiting foreign access

Anthropic's relationship with the government ruptured this year after it refused to allow the US military to use its AI models for domestic surveillance and fully autonomous weapons systems, responded by the government by putting Anthropic on a supply chain blacklist, set to take effect later in the year.

1 day ago
Companies

US Justice Department clears Paramount's acquisition of Warner Bros

'The extensive investigatory record reviewed by the Division suggests that the impact of the transaction will be to increase competition across the media and entertainment ecosystem, with benefits for American consumers and workers,' DOJ said.

1 day ago
Companies

Indosat partners with Nokia and NVIDIA to strengthen Indonesia's readiness for the AI era

Despite ongoing efforts to bridge Indonesia's digital divide, robust digital infrastructure remains critical to unlocking the full potential of the country's digital economy.

1 day ago
Economy premium

Fuel price hike puts further strain on workers, economy

The most recent fuel price hike puts further strain on middle class consumers by driving up commuting costs and adding to overall inflation at a time when many workers are struggling with dim employment prospects.

1 day ago
Regulations premium

Export SOE won’t take over commodity shipments, Danantara says

Despite its good intentions to curb under-invoicing, the export centralization plan is seen as being rolled out prematurely.

2 days ago
Markets

Danantara draws over $4.6 billion in orders for debut dollar bond

The demand allowed Danantara Investment Management to tighten final price guidance to 5.35 percent for the five-year notes and 5.95 percent for the 10-year notes, according to a separate updated term sheet seen by Reuters.

2 days ago
Companies premium

Prabowo backs Kalla Group’s $3.9b power plant investment

The Kalla Group currently operates hydroelectric power plants with a combined capacity of around 1,500 megawatts (MW) and is preparing to add another 2,000 MW through new projects, including gas-fired plants. 

2 days ago
Economy premium

Govt rejects coal shortage claims behind Java blackouts

The Institute for Essential Services Reform (IESR) said the disruptions at a single power plant or transmission component not supposedly trigger widespread blackouts given PLN's 30 percent reserve margin, protection systems and network redundancies.

2 days ago
Regulations premium

Govt to roll out $28m soybean subsidy amid surging import costs

The administration would earmark Rp 500 billion to fund the first phase of the program, which is set to provide a subsidy of Rp 2,000 for every kilogram of soybeans purchased by food processors.  

2 days ago
Companies premium

State budget injection into Danantara could raise fiscal risks

Danantara is also reportedly set to launch its debut US dollar bond that could raise as much as US$1 billion in what could become a key test of foreign appetite amid growing challenges in Southeast Asia’s largest economy.  

2 days ago
Economy premium

Retail sales, consumer confidence ease as Idul Fitri boost dissipates

Newly released data reflects a normalization in consumer sentiment after heightened demand earlier in the year driven by the Idul Fitri holiday period, and tighter monetary policy may weigh on consumer confidence and retail sales in the months ahead.

3 days ago
Regulations premium

House warns of consumer shift to subsidized fuels after Pertamax price hike

A House commission chairman has warned that hiking Pertamax's price 32.11 percent could push consumers toward cheaper subsidized fuels, even as the world continues to grapple with the energy fallout from the Middle East crisis.

3 days ago
Regulations

Govt to scale back commodity export centralization, tighten monitoring: Sources

Indonesia is scaling back a controversial proposal to centralize the export of its strategic commodities, after buyers and exporters raised concerns, The Straits Times has learned.

3 days ago
Companies premium

Singapore backs Sulawesi solar project, Sumatra data center push

A submarine cable connection linking Batam and Singapore is also expected to be completed by year-end.

3 days ago
Markets

Stocks drop, oil rises as Iran and rate worries dog traders

Fresh worries about the Middle East ceasefire and the prospect of a US interest rate hike hit stocks and oil prices Thursday, following a rollercoaster week for markets that has sent shivers through trading floors.

3 days ago
Companies

Danantara launches dollar bond, eyes $1 billion, sources say

The investment arm of Danantara has launched a US dollar bond in five- and 10-year tranches and is targeting about US$500 million for each tranche, three sources with knowledge of the matter said on Thursday.

3 days ago
Economy premium

Barter to reduce forex risks in cross-border trade, govt hopes

Avoiding use of the US dollar, Indonesian companies recently signed countertrade deals with Philippine business partners worth $350 million. Jakarta encourages cross-border barter as a way to tackle exchange rate risks, but the measure will do little to help the ailing rupiah, experts note.

3 days ago
Companies

Eden joins WOW Group to strengthen capabilities in influencer marketing

The merger was exercised amid the increased needs for brands on a more integrated marketing solution. 

3 days ago
Economy premium

Indonesia's economic pivot calms markets, but firmer measures needed

'Oversold' markets expect concrete improvement in policies, not rhetoric. 

4 days ago
Economy premium

Pertamina hikes Pertamax prices by 32% amid high oil prices

Prices for subsidized Pertalite and Biosolar, however, remain unchanged.

4 days ago
Companies

Pegadaian's first overseas venture in Timor-Leste off to strong start

The company reported that, within two months of opening its first international branch in the Timor-Leste capital of Dili on March 30, it had processed more than 600 transactions, generating total financing disbursements of US$ 329,882.

4 days ago
Regulations premium

Govt scraps mining profit-sharing plan, relaxes coal and nickel quotas

Industry players welcomed the government's decision, viewing it as a positive step toward ensuring stability and investment certainty in the sector.

4 days ago
Economy premium

Economy not as weak as many fear, says ex-minister Chatib Basri

Amid rumors that he might be restored to his former post as finance minister, Chatib has pointed to investor confidence in the government's fiscal management as the key issue at present.

4 days ago
Economy premium

Internship program graduates struggle to land jobs

One year into a government internship program placing fresh graduates in subsidized roles across the country, many of its participants are struggling to secure permanent jobs, citing intense competition in a tightening market.

4 days ago
Regulations premium

BI digs in heels with out-of-schedule rate hike

Bank Indonesia (BI) has increased the benchmark interest rate outside the routine schedule to shore up the rupiah after a hefty hike at the last Board of Governors' meeting and other measures failed to arrest the currency’s depreciation.

5 days ago

Today's ePost

Sat, June 13, 2026

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