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Jakarta Post
Markets

Oil rises as expanding US-Israel war with Iran heightens supply risks

Brent crude futures LCOc1 were at $80.89 a barrel, up $3.15, or 4.1 percent, by 0745 GMT. On Monday, the contract surged to as high as $82.37, its highest since January 2025, though it pared those gains to settle 6.7 percent higher.

4 hours ago
Companies premium

Danantara, INA to inject $200m into Chandra Asri’s new plants

The first phase is projected to have an annual production capacity of 400,000 tonnes of caustic soda and 500,000 tonnes of ethylene dichloride (EDC), with operations targeted to commence in 2027. ...

5 hours ago
Economy

Ramadan 2026: A two-speed season

Unlike in 2025, saving conditions entering Ramadan this year are weaker across income segments, limiting the spending before the disbursement of holiday bonuses. ...

6 hours ago

The Latest

Economy premium

Inbound tourism inches up in January

Indonesia has recorded a slight increase in its inbound tourism, welcoming 1.01 million foreign visitors in January, Statistics Indonesia (BPS) data show.  

7 hours ago
Companies

MR. D.I.Y. brings modern retail concept with second flagship opening

PT Daya Intiguna Yasa (MR.D.I.Y. Indonesia), Indonesia's largest home goods retailer, has officially opened its second flagship store at Summarecon Mall Bekasi 2 in Bekasi, West Java.

8 hours ago
Companies

Airline stocks remain under pressure; Asian carriers see surge in demand, prices jump

Asian airline shares remained under pressure on Tuesday as the US and Israeli war against Iran escalated, with carriers closely monitoring fuel price spikes and many seeing a surge in bookings as passengers switch from Middle Eastern airlines.

9 hours ago
Economy premium

Businesses on edge as US-Iran conflict threatens fuel supplies, higher inflation

To mitigate further impacts, Indonesia is seeking alternative oil import sources outside the Middle East, including from the US.

23 hours ago
Economy premium

Import surge, export slowdown shrink trade surplus in January

Shipments of crude palm oil (CPO) surged 59.6 percent in January, while coal and steel exports declined by 16.04 percent and 0.13 percent, respectively.

1 day ago
Markets

US dollar gains as Iran conflict fuels safe‑haven demand, higher oil

Investors are closely watching developments around shipping in the crucial Strait of Hormuz which was disrupted by retaliatory Iranian attacks.

1 day ago
Economy premium

Inflation surges to near three-year high amid Ramadan demand spike

Bank Permata chief economist Josua Pardede projected that headline inflation would remain above 3 percent in the first quarter of 2026 before moderating below 3 percent toward the end of the year.

1 day ago
Economy premium

Manufacturing activity hit two-year high in February on stronger demand

The country’s headline Purchasing Managers’ Index (PMI) rose to 53.8 in February from 52.6 in January, marking the highest reading since March 2024. The index remained above the 50-point threshold, which separates expansion from contraction.

1 day ago
Markets

Crude soars, Asian stocks drop after US strikes on Iran

Analysts do not rule out the possibility of oil prices hitting US$100 a barrel, a level last seen at the start of the war in Ukraine.

1 day ago
Economy

Shipping companies divert vessels around Cape of Good Hope after strikes on Iran

Maersk stated that the firm will continue to prioritize the Trans-Suez route once the situation stabilizes and security conditions permit again.

1 day ago
Economy premium

Govt extends liquidity injection in bid to revive loan growth

The OJK as well as industry observers have welcomed the Finance Minister's move to extend the liquidity injection policy for another six months in a bid to generate higher loan growth, while suggesting that a subsequent extension could be on the books when the current period ends in March.

1 day ago
Markets

Oil jumps 10% on Iran conflict, could spike to $100 a barrel, analysts say

Brent crude jumped 10 percent to about US$80 a barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climb as high as $100 after US and Israeli strikes on Iran plunged the Middle East into a new war.

1 day ago
Economy premium

Limited gains, steep hurdles overshadow US-RI trade deal, analysts say

Local think tanks are weighing in on the limited policy space and domestic benefits of the new US-Indonesia trade deal, even as businesses and policymakers wait to decide next moves amid the limbo left by the US Supreme Court's ruling.

2 days ago
Companies

Garuda Indonesia suspends flights from and to Doha

"Garuda Indonesia continues to actively coordinate with aviation authorities and relevant stakeholders to monitor the evolving situation," the company said in a statement Sunday.

2 days ago
Economy

Oil and gas majors and traders suspend shipments via Hormuz, sources say

Multiple vessels in the area have received VHF transmission from Iran's Revolutionary Guards that "no ship is allowed to pass the Strait of Hormuz".

2 days ago
Tech

OpenAI strikes Pentagon deal with 'safeguards' as Trump dumps Anthropic

Trump had ordered the government to stop using Anthropic, calling it a threat to national security after it refused to agree to unconditional military use of its Claude models.

3 days ago
Economy

Trump administration seeks delay in tariff refunds battle

The administration argued Friday for a delay of up to four months, before litigation on refunds is brought up again before the US Court of International Trade.

3 days ago
Economy premium

Undereducated farmers, overqualified bankers signal RI’s talent gap

An analysis by Mandiri Institute showed that 72.3 million people experienced a talent mismatch last year, meaning their education levels did not align with their job requirements.

3 days ago
Economy premium

S&P flags rising fiscal risks from debt costs

S&P Global Ratings warned that escalating debt-servicing costs are increasing the risks to Indonesia’s sovereign credit profile and could trigger a negative rating action if sustained.

3 days ago
Companies

South Korea set to finally a get fully functioning Google Maps

The approval was made "on the condition that strict security requirements are met," the Ministry of Land, Infrastructure and Transport said in a statement.

4 days ago
Regulations premium

Private power producers raise alarm over coal supply squeeze

The coal price cap for power plants is set lower than that for cement factories and mineral smelters, leaving them with the lowest priority among suppliers.

4 days ago
Companies

Paramount wins Warner Bros bidding war as Netflix walks away

Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery, after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood studio.

4 days ago
Regulations premium

Uncertainty at grassroots over Red and White co-ops

Uncertainty surrounds the rollout of the Red and White Cooperatives (KDMP) program as village cooperative managers grapple with changing regulations and unclear funding.  

4 days ago
Companies premium

Salim Group’s green energy arm saw 52% profit jump in 2025

Last year, PT Tamaris Hidro acquired Batu Gajah hydroelectric power plant in Langkat regency, North Sumatra, which has a total installed capacity of 16 megawatts (MW) across three units.

5 days ago
Tech premium

Govt to ask Gojek, Grab to give Idul Fitri holiday bonus to drivers

Last year, online transportation aps determined the bonus based on driver activity, the number of completed orders, online hours and performance ratings.

5 days ago
Tech

Where AI lives: Southeast Asia's data center boom

New data centers -- warehouse-like facilities that store online files and power AI tools from chatbots to image generators -- are mushrooming worldwide, and the sector is growing particularly fast in Asia.

5 days ago
Markets

Asia shares rise in relief rally as Nvidia beats the street

Asian stocks advanced on Thursday after upbeat earnings from Nvidia soothed concerns over AI-driven disruption and rising costs, while the yen was in the doldrums, bogged down by a murky rate outlook in Japan.

5 days ago

Today's ePost

Tue, March 3, 2026

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