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View all search resultsFrequent travelers might be familiar with this scenario: skipping a cute souvenir stand or a cozy coffee shop not because they didn’t want to spend money, but because the stores were strictly cash-only and they were short on local currency.
24 minutes agoAsian markets rallied Thursday after blowout earnings from chip powerhouse Nvidia cooled worries over an AI bubble and overshadowed a Federal Reserve report that dealt a blow to hopes for a December interest rate cut. ...
1 hour agoExpended underground mining is jeopardizing the coal industry’s and the government’s commitment to the Global Methane Pledge, a pact to cut methane emissions by at least 30 percent by 2030. ...
5 hours agoBank Indonesia (BI) has kept its benchmark interest rate unchanged for a second month after recently decreasing it by 25 basis points (bps) in each of three consecutive meetings. The central bank has revised up its gross domestic product projection for the year.
15 hours agoThe Asian Development Bank (ADB) has approved a $470 million results-based loan for state-owned electricity provider PLN to expedite Indonesia’s transition to renewable energy.
20 hours agoUnited States prosecutors on Tuesday unveiled charges against eight men accused of belonging to a global network that made tens of millions of dollars trading on inside information about the finances and merger plans of numerous companies for years.
22 hours agoTo kick off the program, the government will dispatch 500 prospective workers who completed training in December.
23 hours agoThe ruling gives Big Tech its first decisive win against the antitrust crackdown started in President Donald Trump's first term and is a major setback for the US Federal Trade Commission.
1 day agoThe Tourism Ministry, along with the Transportation Ministry, is upbeat about the coming peak travel season over Christmas and New Year's, expecting both visitor numbers and revenue to exceed initial targets to reach a projected 15 million arrivals and $18 billion in forex earnings.
1 day agoA US judge dismissed the federal government's antitrust lawsuit against Meta on Tuesday, ruling that the tech giant's acquisition of Instagram and WhatsApp did not constitute an illegal monopoly in social media.
1 day agoThe Constitutional Court struck down a legal provision allowing developers in Indonesia’s future capital to hold land rights for up to 190 years, adding uncertainty for investors already wary of the megaproject.
1 day agoEU Ambassador to Indonesia and Brunei Darussalam Denis Chaibi sat down with The Jakarta Post’s M. Taufiqurrahman, Mark Lempp and Deni Ghifari on Friday to discuss what’s next in the process and how it will change the trade landscape.
1 day agoThe fourth quarter, which historically provides a seasonal boost for the economy, offers a window for Indonesia to strengthen its performance and move closer to the full-year government growth target of 5.2 percent.
1 day agoAs global governments and organizations convene at the 30th United Nations Climate Change Conference (COP30) in Belém, Brazil, Indonesia is stepping into the limelight as a model for sustainable, low-carbon nickel development.
1 day agoThe International Monetary Fund has praised Indonesia for maintaining economic growth and containing inflation amid mounting pressure from external factors but emphasizes that the country needs the right “policy mix” to secure the future.
1 day agoThe report, published on Tuesday by AidData, a research lab at US university William & Mary, said China's lending and grant giving totalled $2.2 trillion across 200 countries in every region of the world from 2000 to 2023.
1 day agoThe International Labour Organization is facing a "serious" and "unprecedented" financial crisis as it grapples with dramatic cuts in international funding, its chief warned Monday.
2 days agoA spokesperson for the government's anti-radiation team has said that aside from two footwear shipments linked to the same contamination source in Banten, no other incidents have been reported in recent weeks.
2 days agoMining firms are urging the government to revise the domestic coal price benchmark, arguing that rising production costs make the current domestic market obligation (DMO) scheme unviable, even as authorities consider raising the mandatory sales quota.
2 days agoPT Medco Power Indonesia plans to export its first green electricity to Singapore in 2028 as part of a broader strategy to tap the country’s vast renewable energy potential and rising regional demand.
2 days agoBased on the latest projections, the Finance Ministry expects to collect less than half of what the state had hoped to secure from tax evaders by the end of the year.
2 days agoJapan's economy shrank almost 2 percent in the three months through September, as a drop in exports in the face of US tariffs resulted in the first contraction in six quarters, government data showed on Monday.
3 days agoAsian markets struggled Monday on simmering concerns that the Federal Reserve will not cut interest rates as hoped next month, while fears of a bubble continue to weigh on sentiment.
3 days agoJordan's King Abdullah II has invited state asset fund Danantara to invest up to US$1.3 billion in infrastructure and energy projects in his country. The offer, extended during a two-day visit to Jakarta, opens the door to a major overseas move for the fund.
3 days agoThe government’s move to effectively restrict new smelter projects has drawn industry concern over the scope of the smelter moratorium, specifically whether it applies to companies that secured their business licenses before the new rules took effect.
3 days agoThe Energy and Mineral Resources Ministry has approved the reopening of the Deep Mill Level Zone (DMLZ) and Big Gossan mines, both of which had been shut down as part of a broader halt following a deadly accident at the Grasberg mining site in September.
3 days agoUS President Donald Trump on Friday rolled back tariffs on more than 200 food products, including such staples as coffee, beef, bananas and orange juice, in the face of growing angst among American consumers about the high cost of groceries.
4 days agoThe Trump administration has been stepping up efforts to convince Americans of the economy's strength as affordability concerns emerged as a key issue in this month's elections for New York City mayor, and the governors of New Jersey and Virginia.
4 days agoGoogle-owned YouTube is now the leading destination for podcasts in the United States, with 33 percent market share according to Edison Research, and more than one billion consumers worldwide.
4 days agoIndonesia currently has only 2,375 movie screens in 496 theaters serving a population of over 280 million, one of the lowest ratios in Asia.
5 days agoShare your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
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