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Jakarta Post
Companies premium

Danantara invests $250m in US oil producer HighPeak Energy

Indonesia’s publicly listed firm PT Energi Mega Persada, part of the Bakrie Group conglomerate, also joined the deal with a $200 million investment, bringing the total investment in the US company to $450 million.

2 hours ago
Economy

AI 'widening economic inequality', IMF boss warns

The global artificial intelligence boom is fast becoming the key driver of economies around the world, but the boom is risking wider global inequality by leaving some nations behind, IMF chief Kristalina Georgieva warned on Wednesday. ...

3 hours ago
Regulations premium

Indonesia mulling soybean import subsidy as prices rise

Though details are still being ironed out, the subsidy plan aims to ease price-related pressures on soybean importers while ensuring their availability and affordability, including for consumers of tofu and tempeh. ...

5 hours ago

The Latest

Economy premium

Government to halt clearing forests, boost output from existing paddies

The President's climate and energy envoy told a sustainability forum on Monday that the country had achieved rice self-sufficiency three years earlier than planned, so no additional forests would be cleared to make way for paddies.

6 hours ago
Markets

Oil rises and stocks fall as Hormuz worries flare

Both global benchmark Brent and West Texas Intermediate rebounded Tuesday and rose in early Asian trade, as figures showed Tehran had increased strikes on tankers in the crucial Strait of Hormuz.

8 hours ago
Economy premium

Indonesia could run out of nickel within a decade

Indonesia's nickel processing boom is outpacing its reserves, with experts warning of depletion within a decade and urging the government to shift from price support to policies that sustain ore longevity.

11 hours ago
Regulations premium

House passes new manpower law, touts it as a ‘gift’ to workers

The government targeted to finalize the bill before the end of October, following a Constitutional Court ruling on October 2024 that ordered the establishment of a new employment law separate from the Job Creation Law within two years.   

22 hours ago
Economy

Indonesia’s bond market offers attractive yields, but risks remain

For Indonesia, a pause in US tightening could improve sentiment, but a sustained recovery would require confidence that inflation pressures and US interest rates are moving toward a more favorable path.

1 day ago
Companies premium

SMI, Europe's NUCA program target bankable resilience projects

The state-owned infrastructure financier, as part of its partnership with NUCA, is funding water, wastewater and other projects to help regions adapt to a changing climate through built-in resilience.

1 day ago
Economy

Middle East war sharpens focus on ASEAN energy security plans

ASEAN imports more than half of the crude for its refineries from the Middle East at a time when global benchmark prices are around US$100 a barrel.

1 day ago
Regulations premium

Employers, workers struggle to find common ground as employment bill nears passage

Despite the deadlock, lawmakers are still targeting Oct. 8, or sooner, to pass the bill before entering a recess that will last until next month.  

1 day ago
Economy premium

Danantara dividends not factored into state budget, Suahasil says

Danantara would retain its SOE dividends and use them to invest for projects and as “leverage” to attract private capital rather than simply transferred to the state budget, the Finance Ministry noted.

2 days ago
Regulations premium

New stimulus package to boost economy in Q4, and beyond

The government is rolling out a new stimulus package to support consumer spending and employment in the fourth quarter of 2026, with some measures to remain in place after the turn of the year.

2 days ago
Markets

Euro slides as French fiscal worries grip markets

The euro weakened sharply on Monday to a 17-month low as fiscal worries in France amid a steep bond market rout stoked fears of contagion risks in the region, helping the dollar shrug off soft US jobs data that dented near-term rate hike expectations.

2 days ago
Markets

Middle East crude oil exports exceed pre-war levels but tanker attacks increase

Crude oil exports from the Middle East rose above pre-war levels in four of the seven days of the final week of September, shipping data showed on Monday, despite attacks on vessels passing through the Strait of Hormuz.

2 days ago
Markets

Saudi Arabia unexpectedly cuts oil prices to Asia

Aramco has been looking ​at offering discounts for oil loaded off Oman to compensate buyers for record freight ​rates, people familiar with the matter said last week, as it sought to protect its market ‌share ⁠after the regional conflict hit exports.

2 days ago
Regulations premium

Govt aims to collect more tax without hiking rates

The 2027 budget plan passed last week foresees the highest tax revenue relative to gross domestic product in the past decade, which the government aims to achieve without introducing new levies or hiking rates.

2 days ago
Companies premium

Danantara to invest in ethanol infrastructure over next three years

Following the recent B50 rollout, the state asset fund is aiming to invest in ethanol infrastructure toward gradual implementation of a national fuel mandate beginning with an E20 program.

3 days ago
Economy

Trump tariffs a mixed bag for US auto industry

The disruptions from tariffs and Trump's reversals of US policies favoring electric vehicles have weighed on the US auto supplier sector, which provides parts and technology and employs some 930,000 people in the United States.

3 days ago
Companies

US regulator finds Boeing 737 MAX software bug 'not a safety concern'

Boeing is working to formalize a procedure with airlines that would allow pilots to restore automated flight guidance in case the glitch occurs.

4 days ago
Economy

China launches anti-dumping probe into EU chemical imports ahead of trade talks

Simmering trade tensions between Beijing and Brussels have threatened to become a full-blown trade war as the 27-nation bloc scrambles to defend its industries against a flood of Chinese exports critics argue are supported by vast subsidies.

4 days ago
Economy

'Handful' of G20 countries reject US stance on excess industrial capacity

A "handful" of Group of 20 trade ministers rejected calls by the United States to curb excess industrial capacity and "non-market" policies, the US Trade Representative's office said on Friday, exposing divisions within the group of major economies.

4 days ago
Regulations premium

Businesses fear delays from special tax refund audits

The 2027 State Budget Law passed Tuesday gives the finance minister authority to conduct examinations and special audits of state revenue collection, which companies worry may hold up tax refunds and hurt their cash flow.  

4 days ago
Economy premium

Businesses urge ‘continuity’ as Bahlil gets senior minister post

President Prabowo’s appointment of Bahlil Lahadalia as coordinating downstreaming and energy transition minister as well as Muhammad Sarmuji as the industry minister sparks calls for regulatory reform, policy continuity and an end to fragmented policymaking.

4 days ago
Markets premium

Danantara plans 10% IDX stake purchase

In February, Danantara CEO Rosan Roeslani said that it was common practice for sovereign wealth funds (SWFs), a role Danantara partly fulfills, to hold stakes in global bourses, typically ranging from 15 to 30 percent.  

5 days ago
Companies

Chasing the worries away: PRENAGEN and Ji Chang-wook help women turn woes into action

PRENAGEN reiterates its commitment to creating a safe space and a supporting system for women through their #SiapaTakutJadiIbu campaign, as they introduce Ji Chang-wook as new brand ambassador to ease their worries with a special message.

5 days ago
Markets

Dollar at 17-month high as global bond rout hits euro

The US dollar headed for its third straight week of gains on Friday, perched at a 17-month high as a bond market rout pushed borrowing costs across the globe to multi-decade peaks in the face of inflationary fears over higher oil prices.

5 days ago
Regulations premium

Mining groups press for timely 2027 quota approval to avoid disruptions

The RKAB approval process should follow the established fourth-quarter timeline to avoid any delays, which could impact miners' operational readiness, production planning and other related aspects alongside state revenue potential, two industry associations have stressed.

5 days ago
Economy premium

Inflation ticks up, putting pressure on BI

The food price squeeze could persist into next year as El Nino conditions linger into early 2027, raising the risk of weaker agricultural output and further price increases.

6 days ago
Economy premium

Trade surplus grows in August on higher manufacturing exports

Indonesia has seen an uninterrupted streak of monthly trade surpluses from early 2020 until May, when a dramatic surge in oil and gas prices due to conflict in the Middle East caused a $1.6 billion deficit in Indonesia’s trade with the rest of the world.  

6 days ago

Today's ePost

Wed, October 7, 2026

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