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Jakarta Post
Markets

Prabowo accuses MSCI of trying to intimidate Indonesia after market rout

MSCI ratcheted up the pressure on Jakarta by announcing that it could demote Indonesia's equities to "standalone" market status, claiming the country had not done enough to crack down ​on coordinated trading practices in its stock market.

4 hours ago
Companies premium

Danantara completes 4.4-hectare land acquisition in Mecca

The newly acquired land is intended for future expansion of the Bait Jemaah complex, an integrated development for serving haj pilgrims from Indonesia and elsewhere, from accommodation to retail services. ...

9 hours ago
Regulations premium

Suahasil opposes proposed plan to pay civil servant salaries via cooperatives

The finance minister has checked the government's latest move to try and expand the role of the flagship cooperatives program by doubling down on the current mechanism of bank transfers to pay civil servants' salaries. ...

10 hours ago

The Latest

Regulations premium

BI holds rate despite seeing hawkish Fed stance

Bank Indonesia (BI) has kept its benchmark interest rate unchanged even though it expects the United States Federal Reserve to pursue a tight monetary policy but emphasized the need to push for growth through increased liquidity.

10 hours ago
Economy premium

East Java governor visits energy ministry as fuel queues stretch across region

Pertamina also recently increased Biosolar distribution by 20 percent in Padang, West Sumatra, to address long queues at gas stations that the company attributed to surging demand for subsidized fuel.  

11 hours ago
Markets

Asian stocks rally as tech firms enjoy bounce ahead of key earnings

Asian markets rallied Wednesday as tech firms enjoyed a much-needed rebound, with investors taking heart from upbeat earnings that lifted sentiment ahead of a crucial reporting season.

14 hours ago
Economy premium

FDI beats domestic investment with strong annual growth

In a reversal from last year’s tend, foreign direct investment (FDI) accounts for the lion’s share of realized investment in Indonesia so far this year, as domestic investors hold back.

1 day ago
Markets premium

IDX overhauls index to limit fallout from MSCI warning

In response to the moves, the IDX Composite climbed more than 5 percent on Tuesday, rebounding from a nearly 15 percent drop over Friday and Monday.

1 day ago
Economy

Rethinking ferry tariffs to strengthen Indonesia’s connectivity

For many regions, ferries are not merely a transport option; they provide essential access to jobs, education, health care and markets. Ferry tariff policies must therefore do more than keep travel affordable. They must also ensure that operators can deliver reliable and safe services.

1 day ago
Regulations premium

Indonesia to allow ‘limited’ coal quota relaxation as prices surge

Indonesian coal prices rose to US$154 per tonne for coal with a calorific value of 6,330 kcal/kg.

1 day ago
Markets

Indonesian markets inch up after authorities move to stem rout on MSCI expulsion fears

Jakarta's benchmark index rose 3 percent on Tuesday, after hitting a six-year low in the previous session as the world's worst-performing stock market this year dropped 14.8 percent over Friday and Monday.

1 day ago
Markets

Asian shares tumble, oil rises as markets await AI sector results

Crude prices resumed their climb as markets weighed an executive order from US President Donald Trump that waived some sanctions and tariffs on Russian energy.

1 day ago
Economy premium

Economy strong on paper, but people struggling

Two years into Prabowo Subianto’s presidency, the economy is showing respectable growth and contained inflation despite global pressure, but many Indonesians say they struggle to secure higher incomes or better jobs.

1 day ago
Regulations premium

Government extends some halal certification deadlines to 2028

The government said its decision to extend by two years deadlines originally set for October 2026, primarily for F&B and pharmaceutical, cosmetics and personal care goods, was based on input from various associations.

2 days ago
Economy premium

Sugar refiners warn of shortage by early 2027, urge swift import permits

Procurement and shipping of raw sugar from supplier countries such as Brazil, Australia and Thailand typically take one to two months from the time an order is placed until the vessel arrives.

2 days ago
Regulations premium

House member opposes plan to distribute civil servant salaries through cooperatives

Cooperatives Minister Ferry Juliantono previously said the initiative to involve cooperatives in the salary disbursement would be implemented this year as part of efforts to expand the role of cooperatives, particularly in financial services.  

2 days ago
Economy

El Niño-powered drought leaves West Kalimantan palm farmers high and dry as river recedes

For several weeks, local palm oil mills have cut their fresh fruit bunch purchases because storage tanks are filled with processed oil they cannot ship out as a prolonged drought driven by "super El Niño" conditions has dried out the area's main transportation artery, the Kapuas River.

2 days ago
Markets

Indonesian stocks slide to six-year low as MSCI 'standalone' warning weighs

Jakarta's benchmark stocks fell over 5 percent in early trading on Monday after plunging 11.6 percent on Friday, as the world's worst performers reeled from index provider MSCI saying it was considering shifting Indonesia to "standalone" status from its current "emerging markets" mantle.

2 days ago
Economy premium

Danantara’s transparency, mandate remain in question two years into Prabowo’s rule

Danantara claimed that it has submitted consolidated financial statements for 2025 to the Supreme Audit Agency (BPK) in July but had yet to publish them, despite pledging to do so this month

2 days ago
Markets premium

‘Panic’ blamed for record foreign outflows from stock market

Analysts say Friday’s stock market rout was driven by panic-selling following MSCI’s consideration to reclassify Indonesian equities in its global indexes, pushing cumulative foreign outflows for the year to a historical high of Rp 88.19 trillion.  

3 days ago
Markets

ACT! Project shows Indonesia ready to consume sustainable products

Indonesia’s commodity supply chains, which serve both domestic and global markets, are ready to adopt sustainable practices, and industry players are being encouraged to recognize their importance.

3 days ago
Economy premium

Bahlil vows to replenish subsidized fuel supply within week

The coordinating downstream minister says the government is aiming to restore the supply of subsidized Pertalite fuel so it would cover 20 days of demand, up from 16-18 days at present, which he noted was "still adequate".

3 days ago
Economy

Leaders weigh 'huge benefit', risks of AI for global economy

The artificial intelligence boom has been a key driver of global growth, but also poses economic risks should investment in the technology falter, experts and policymakers said this week at the IMF-World Bank Annual Meetings in Bangkok.

3 days ago
Companies

Chinese online retailer Temu agrees to data privacy curbs in Texas lawsuit

The company agreed to conduct annual independent product safety testing to identify products containing dangerous chemicals and materials.

4 days ago
Tech premium

Southeast Asia sees 25% of retail spending happen online

E-commerce market in the region is projected to continue growing and reach over $400 billion by 2031.   

4 days ago
Economy premium

Indonesia missing out on sports tourism boom as Mandalika extension in limbo

Indonesia is currently capturing only Rp 39.5 trillion, or 0.4 percent, of the estimated Rp 9.5 quadrillion in global sports tourism potential.

4 days ago
Economy

Indonesian exporters reach global markets at TEI 2026

The initiative is part of Indonesia Eximbank’s broader effort to support capacity building and market access for national businesses, particularly through the promotion of high-quality Indonesian products with export potential.

5 days ago
Companies premium

Agrinas Palma, Pakistani firm explore 200,000-ha palm oil project

The proposed 2026-2030 partnership with Fauji Foundation would cover plantations, processing facilities and logistics infrastructure, with Riau and West and Central Kalimantan among the potential development sites.

5 days ago
Economy premium

Job creation weakening despite industrial growth, Industry Minister says

The Industry Ministry has pointed to a potentially diverging trend between industrial growth and job creation as expansion leans heavily toward the technology sector.

5 days ago
Markets premium

IDX plummets 11% after stock market warning

MSCI’s latest proposal to reclassify Indonesia as “standalone market” is a fresh blow for the Indonesia Stock Exchange (IDX), which has observed its benchmark index moving downward since the global index provider first issued its transparency concerns in January.

5 days ago

Today's ePost

Thu, October 22, 2026

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