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Jakarta Post
Companies

RUA AlHaram AlMakki Company signs 6 strategic MoUs, concluding its Cityscape Global debut

Saudi Arabia-based RUA AlHaram AlMakki Company, a PIF-owned master developer, concluded its debut at the world’s largest real estate exhibition Cityscape Global with the signing of six landmark Memorandums of Understanding (MoUs) with partners from Saudi Arabia, Indonesia, Malaysia, Brunei and the United States, advancing international investment and global collaboration for its inaugural King Salman Gate project in the Holy City of Mecca.

23 minutes ago
Economy premium

Cash for Krakatau Steel just first step in govt push for self-sufficiency

Impending state financing for state-owned Krakatau Steel is drawing attention to Indonesia's steel industry crisis, where low competitiveness and reliance on imports clash with the new government's push for self-sufficiency. ...

10 hours ago
Companies premium

Weda Bay rejects allegations of nickel smuggling through private airport

PT Indonesia Weda Bay Industrial Park (IWIP) has rejected allegations of nickel smuggling through the Weda Bay private airport in Central Halmahera, North Maluku.   ...

14 hours ago

The Latest

Tech premium

Robinhood to enter RI with broker, crypto trader acquisitions

Founded in California in 2013, Robinhood shot to fame during the social-media-fueled retail-trading frenzy of 2021 and gained broader market legitimacy this year after joining the United States benchmark S&P 500 index.

15 hours ago
Economy premium

Prabowo pledges farmland recovery, debt relief after Sumatra floods

The president said he had received extensive reports on the scale of agricultural destruction and stressed that affected farmers would not be left to bear the losses alone.

16 hours ago
Economy

Fair play: behind Indonesia’s push for global digital royalty reform at WIPO

From the latest album release listening party to surprise music video drops, the economic value of the global creative industry has reached US$2.3 trillion annually, making up 3.1 percent of the global GDP.

18 hours ago
Economy

China's exports top expectations on strong sales to non-US markets

China's exports topped forecasts in November, driven by a surge in shipments to non-US markets as manufacturers deepen trade ties with the rest of the world in light of President Donald Trump's prohibitively high tariffs.

18 hours ago
Economy

France's Macron threatens China with tariffs over trade surplus: Les Echos

French President Emmanuel Macron said he had threatened Beijing with tariffs during his state visit to China if there was no action taken to reduce the country's ever-widening trade deficit with the European Union.

22 hours ago
Economy premium

MoU signed for national car but questions remain on ‘ambitious’ project

Indonesia’s bid to mass-produce cars of a homegrown brand in 2027 is “highly ambitious”, experts say, noting that an electric vehicle model would require sustained fiscal outlays and far stronger technical competencies than the country currently possesses.

1 day ago
Economy premium

Sumatra disaster to have mild impact on Q4 GDP growth: Purbaya

The Finance Ministry expects the Sumatra disaster to only have a slight impact on gross domestic product growth in the fourth quarter.

1 day ago
Companies premium

Shell reaches long-awaited base fuel deal with Pertamina

Shell Indonesia has been allotted 100,000 barrels of fuel by Pertamina Patra Niaga, bringing the total supply for all private gas stations this year to 430,000 barrels.

1 day ago
Tech

X gets $140 million EU fine for breaching content rules but TikTok settles

Elon Musk's social media company X was fined 120 million euros (US$140 million) by EU tech regulators on Friday for breaching online content rules, the first sanction under landmark legislation that once again drew criticism from the US government.

1 day ago
Tech

Meta partners with news outlets to expand AI content

The expansion aims to make its AI assistant "more responsive, accurate, and balanced" by incorporating diverse viewpoints, acknowledging that "real-time events can be challenging for current AI systems to keep up with."

2 days ago
Economy premium

Why cacao-rich Indonesia is not (yet) a global chocolate producer

Building on its decades-old role as a major cacao producer, Indonesia wants to push into the global chocolate market with a comprehensive supply chain from plantations via processing facilities to factories, but some key hurdles lie in the way.

3 days ago
Regulations premium

Govt backtracks on early retirement of Cirebon-1 coal plant

Experts are now pressing the government to spell out which plants might replace Cirebon-1 in the retirement pipeline and the criteria guiding that selection.

3 days ago
Companies

MR.D.I.Y. Indonesia and Rekosistem quintuple store coverage of Recycle Dropbox program

As part of ongoing efforts to increase public awareness of environmental responsibility, particularly in household waste management, PT Daya Intiguna Yasa (“MDIY” or “MR.D.I.Y. Indonesia”) is expanding its Recycle Dropbox program to 52 stores across Greater Jakarta, Serang and Bandung.

3 days ago
Markets premium

Conglomerate stocks drive IDX to fresh historic high

Bank Mandiri chief economist Andry Asmoro wrote in a market analysis on Thursday that the trend was driven by “improving expectations” for an interest rate cut by the Fed in December.

3 days ago
Regulations premium

Minister threatens to revoke firms' permits over Sumatra flooding

The Environment Ministry has launched an investigation into several firms suspected of contributing to the devastating disaster across northern Sumatra, while the minister has vowed not to spare any local administrations whose policies led to environmental degradation.

3 days ago
Tech

EU hits Meta with antitrust probe over plans to block AI rivals from WhatsApp

EU regulators launched an antitrust investigation into Meta Platforms on Thursday and may even temporarily halt its rollout of artificial intelligence features in its WhatsApp messenger that would block rivals, hardening Europe's already tough stance on Big Tech.

3 days ago
Markets

Japan's Nikkei skids in subdued Asia as bets of rate hike grow

Japan's Nikkei skidded on Friday, wiping out this week's gains amid an otherwise subdued Asian session, after weaker-than-expected spending data underscored the scourge of inflation as bets grew that the Bank of Japan would hike interest rates.

3 days ago
Regulations premium

Customs office vows to ‘get its act together’ amid dissolution threats

The Customs and Excise office has vowed to make necessary changes after President Prabowo Subianto made direct threats to replace it with a private service.

4 days ago
Tech premium

Indonesia racks up $2.6b in digital taxes since 2020

Five companies were newly appointed as digital tax collector in October, including gaming giant Roblox Corporation, Notion Labs Inc., Mixpanel Inc., MEGA Privacy Kft and Scorpios Tech FZE.

4 days ago
Economy premium

UK, Taiwan, Vietnam eye Indonesia’s upcoming oil and gas bids

The push follows the launch of an expansive exploration program on Nov. 25, which offers 75 potential oil and gas blocks for the 2025-2027 period.

4 days ago
Economy premium

Gaikindo slashes 2025 car sales outlook amid prolonged soft demand

The association had earlier expected domestic new car sales to approach 800,000 units by year-end, but the latest data point to a weaker market.

4 days ago
Tech premium

Bali governor seeks to pull the plug on Airbnb

I Wayan Koster explained that digital accommodation platforms had affected Bali’s regional income, particularly because they do not contribute to locally generated revenue (PAD).  

4 days ago
Economy premium

‘Paralyzed’ businesses reel from $4b losses due to Sumatra floods

Small businesses in Aceh, North Sumatra and West Sumatra have watched as the recent flooding swept away their incomes along with roads, utilities and other essentials, including access to food.

5 days ago
Economy premium

Plan for new Jakarta-Bandung fast train raises questions over Whoosh

The envisioned Kilat Pajajaran railway project threatens to cut into the market for the existing high-speed Whoosh service connecting the same two cities.  

5 days ago
Economy premium

Indonesia to maintain 5% growth to 2027 on policy support: OECD outlook

The OECD assessment sees Indonesia’s inflation declining to 1.9 percent this year, and then picking up to 3.1 percent and 3.2 percent in successive years.

5 days ago
Economy premium

German, US chip investors urge faster permits for Batam facilities

Quantum Luminous Indonesia president director Walter Grieves said the plan was to commence the semiconductor project at the start of 2026.

5 days ago
Tech premium

Huawei Cloud to expand data centers in Indonesia next year

Huawei Cloud Indonesia CEO Leon Fang said that the utilization rate of the current three Availability Zones in Jakarta has reached 90.99 percent.

5 days ago

Today's ePost

Tue, December 9, 2025

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