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Jakarta Post
Economy premium

Indonesia eyes November gas boost from $891m Maha Field

Natural gas production from East Kalimantan's offshore region is targeted to increase to about 750 million standard cubic feet per day (mmscfd) starting Nov. 1, driven by an additional supply of about 290 mmscfd from JNE#6 and the development of the Maha-South Hub field.

2 hours ago
Economy premium

Kadin urges disaster resilience, policy certainty to spur investment

According to the business chamber, only around one-third of businesses planned to invest in the near future, while others are taking a wait-and-see approach. ...

4 hours ago
Companies

SK Hynix puts US IPO of chip unit on hold after Seoul authorities raised concerns

SK Hynix on Friday put on hold a planned listing in the United States for its Solidigm chip unit due to market volatility — a move which also comes after South Korean authorities raised concerns that the deal could undermine shareholder interests. ...

4 hours ago

The Latest

Tech premium

Cybersecurity agency urges stronger defenses as AI exposes new vulnerabilities

Government agencies and major organizations in the US, UK, EU, Singapore and Japan have been treating PHP2Shell as a global cybersecurity emergency and have taken websites completely offline as a precaution while applying security fixes.  

6 hours ago
Markets

Asian shares wobble as tech rout boosts bonds, dents rate hike bets

Asian shares fell on Friday as concerns over the enormous funding needs of AI hammered tech and led to the biggest daily rally in Treasuries in more than three years, with investors fleeing to sovereign bonds and safe-haven currencies.

9 hours ago
Economy

Indonesia Eximbank highlights CPNE initiative in push for export-ready SMEs

As one of Indonesia Eximbank’s flagship programs, the Coaching Program for New Exporters (CPNE) initiative is aimed at Indonesian businesses that have never directly exported before, with an expected output of new exporters, new products, or new markets.

9 hours ago
Regulations premium

Business players warn against confining data centers to industrial estates

The country’s installed capacity stands at about 468 megawatts, with more than 1.5 gigawatts under construction and another 4.6 GW in the pipeline.

21 hours ago
Companies

Norway sovereign wealth fund loses over $30 billion in 3rd quarter

It posted a negative return of 0.5 percent in the quarter, dragged down by a negative return of 3.5 percent in its fixed-income investments, while its equity and property portfolios increased by 0.5 percent and 0.4 percent respectively.

1 day ago
Tech

Websites go dark as AI exposes critical security flaws

PHP helps run about 70 percent of the world's websites -- from online stores and news outlets to government services -- according to Wiz Research, one of the cybersecurity firms that found the two flaws.

1 day ago
Regulations premium

Indonesia weighs halt of gas exports as nation enters ‘survival mode’

The government is considering halting natural gas exports to neighboring countries as Coordinating Downstreaming and Energy Transition Minister Bahlil Lahadalia says Indonesia must prioritize domestic needs as it enters what he described as “survival mode.”

1 day ago
Economy premium

Indonesia will not approach 8% GDP growth anytime soon, Fitch forecasts

A Fitch statement released on Wednesday forecast Indonesia's GDP growth would likely hover around 4.9 percent in 2027 and 2028, nowhere near the President’s ambitious 8 percent target despite an upward revision from an initial projection of 4.7 percent.

1 day ago
Tech

Government websites go dark after AI-discovered flaw sparks security scramble

Government websites in Europe and elsewhere went offline on Wednesday after the disclosure of critical vulnerabilities in a widely used programming language sent website operators around the world scrambling to protect their systems.

1 day ago
Economy premium

Airlines, passengers bear cost of haze-hit flights

The Indonesian National Air Carriers Association (INACA) said airlines had limited flexibility to cut costs during the disruptions, as safety remained paramount and some operating expenses continued even when flights were grounded.

1 day ago
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.

1 day 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.

2 days 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.

2 days ago
Regulations premium

BI prioritizes stability amid strong dollar pressures

One of the new pro-growth policies Bank Indonesia announced on Wednesday was a reduction in the statutory reserve requirement, or the minimum amount of funds banks have to deposit at the central bank to cover their liabilities and ensure liquidity within the banking system.

2 days 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.  

2 days 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.

2 days 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.

2 days 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.

2 days 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.

3 days 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.

3 days 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.

3 days 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.

3 days 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.

3 days 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.

4 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.

4 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.  

4 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.

4 days ago

Today's ePost

Fri, October 23, 2026

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