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Jakarta Post
Economy premium

Prabowo kicks off solar power push with groundbreakings, open tenders

At the event on Tuesday, President Prabowo Subianto broke ground on solar power plants in Banyuwangi and Pasuruan in East Java, as well as at Gajah Mungkur Reservoir in Central Java, with a combined capacity of 396.4 MWp.

2 hours ago
Regulations premium

Danantara export body launches with future role still hazy

The commercial plan is still being evaluated, says the head of PT Danantara Sumber Daya Indonesia (DSI), the newly established company to track commodity exports from Indonesia. ...

3 hours ago
Tech

Kartu Kredit Indonesia: A New payment landscape

Eight banks joined the initial rollout of KKI, while payments are made through QRIS, either by scanning a code or using QRIS Tap. ...

7 hours ago

The Latest

Economy premium

Stable rules key to luring investment, outgoing EU envoy says

The outgoing EU ambassador to Indonesia, Denis Chaibi, whose term ends this month, told The Jakarta Post that stable regulations and fewer trade barriers would be key to attracting European investment in view of the signing of the Indonesia-EU CEPA in October.

9 hours ago
Economy premium

Whoosh takeover set for September, Purbaya says

After incurring a loss of nearly $290 million in the first six months of 2026, the government is finally stepping up to take over the operation and maintenance of the Jakarta-Bandung HSR, according to the finance minister.

10 hours ago
Economy

US vows 'economic asphyxiation' of Iran with new sanctions

The announcement comes almost six months into a war on Iran that has ground to a stalemate, with stalled peace talks and Tehran blocking most traffic through the crucial Strait of Hormuz.

14 hours ago
Economy

Norway will drill in Arctic regardless of EU's position, says energy minister

Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as Europe's "green battery", Energy Minister Terje Aasland told Reuters.

1 day ago
Companies

Southeast Asia's budget airlines eye recovery but fuel scars linger

The results exposed a squeeze at the heart of the low-cost model: Fuel makes up a larger share of expenses than at full-service airlines, but price-sensitive passengers leave carriers less scope to lift fares without weakening demand.

1 day ago
Economy

US vows 'economic D-Day' as Iran threatens to halt all oil exports

Without detailing specific measures, US Treasury Secretary Scott Bessent signaled Washington would target "fearful nations" that practice "appeasement" by engaging with Iran's economy and financial system.

1 day ago
Economy premium

US-China trade war gives Indonesia shot at boosting investment

Combined investment from mainland China and Hong Kong reached US$11.5 billion in H1 2026, nearly three times the $4.1 billion recorded a year earlier.

2 days ago
Regulations premium

Indonesia mulls vehicle-based curb on subsidized fuel

Under the latest plan disclosed by Finance Minister Purbaya Yudhi Sadewa, the government would restrict purchases by those classified in deciles 9 and 10 under the National Socioeconomic Single Data (DTSEN) system.

2 days ago
Economy

Canada retaliates as trade war with US escalates

Negotiations between the neighboring countries broke down Friday in Washington, putting into force new 50-percent US tariffs impacting about $20 billion worth of goods, or 5.5 percent of Canadian exports to the United States.

2 days ago
Economy

US, Canada fail to reach trade pact to avert Trump tariffs

The lack of a final agreement means that new 50-percent duties, set to impact some $20 billion of Canadian exports to the United States, took effect on Saturday.

3 days ago
Companies

Tesla, other automakers begin record vehicle recall in China

Beijing has this year increased oversight of the electric vehicle (EV) industry and introduced tougher safety requirements, as automakers, locked in a fierce price war, roll out technologies in the world's largest vehicle market.

3 days ago
Economy

Trump announces temporary tariff relief on ground beef imports

The US president did not say which countries would be exporting the beef but added there was a commitment to sell it at 25 percent below market prices.

3 days ago
Regulations premium

Indonesia bets on gold to deepen markets, but risks capital diversion

Authorities launched the first exchange-traded funds (ETFs) backed by physical gold on Aug. 10.  

3 days ago
Economy premium

Jakartans disinclined about Indonesian Credit Card

Reducing reliance on western credit card providers was the main notion behind the establishment of the Indonesian Credit Card (KKI), so the country has a system to rise to the task when worst comes to worst.

4 days ago
Markets

Iranian oil offers to Chinese buyers fall as US blockade bites

The US re-imposed its blockade of Iran's shipping and ports on July 13 as a deal to halt the war between them broke down in an attempt to cut off oil sales, Tehran's primary source of hard currency.

4 days ago
Economy premium

Indonesia, EU target October CEPA signing

Under the CEPA, around 90 percent of tariff lines for Indonesian goods entering the EU market will gradually be eliminated to zero.

4 days ago
Companies

People first: Why human resilience will shape Asia's future

For Randy Lianggara, president of emerging markets Asia at Sun Life, Asia’s future will be shaped not only by economic growth and technology, but by the resilience, adaptability, empathy and human potential of its people

4 days ago
Regulations premium

Lower EV motorcycle subsidy may stall adoption, industry warns

President Prabowo Subianto unveiled a subsidy program for 1 million locally made electric motorcycles in his Aug. 14 state budget address, pitching the scheme as a triple win for consumers, energy security and jobs.

4 days ago
Tech

Trump signs memo to help drastically boost US commercial space launches

The White House wants to enable at least 1,000 launches and re-entries annually by 2030, up from 178 launches last year.

4 days ago
Markets

Asian markets extend rally as traders assess US Treasuries pledge

The lack of progress on reopening the Strait of Hormuz added to unease on trading floors, with oil prices gradually rising over the past two weeks as the United States and Iran remain deadlocked.

4 days ago
Economy premium

President's muted Nusantara support chills investment

The President made no mention of the country’s future capital city under construction in East Kalimantan in his State of the Nation address last Friday.

4 days ago
Companies

Sekolah Sawit Lestari nurtures future generations, one tree at a time

Students gain practical knowledge and valuable experience as schools implement oil palm education into their curriculum

4 days ago
Economy premium

Indonesia to kick off 30 GW tender in 100 GW solar power push

President Prabowo Subianto previously announced a plan to build 100 GW of solar power in the coming years, saying it could save the state up to Rp 73.9 trillion (US$4.14 billion) annually in electricity production.

5 days ago
Companies premium

State-owned explosive firm launches electronic detonator, restarts booster plant

The electronic detonator features programmable delay times for more precise blasting in underground mines, quarries and open-pit operations.

5 days ago
Tech premium

BI launches domestic credit card for public retail use

Bank Indonesia (BI) officially launched a domestic credit card for wider retail use on Independence Day, after years of preparation.

5 days ago
Economy

South Korean container ship will test Arctic route to Europe amid Western concern

South Korea will flag off on Saturday a container ship bound for Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially viable, but risking friction with Western allies, as the voyage requires Russian cooperation.

5 days ago
Markets premium

RI’s mineral exchange plan faces positioning, governance tests

President Prabowo Subianto announced that Indonesia will launch the Strategic Minerals and Commodities Exchange (BMKS), set to begin operations on Jan. 1 next year.

5 days ago

Today's ePost

Mon, August 24, 2026

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