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Jakarta Post
Economy premium

Consumer confidence, retail sales dip further after rate hikes

Central bank indexes measuring consumer confidence and retail sales both dipped in June, pointing to ongoing weakness in household spending as a key pillar of Indonesia’s economy.

6 hours ago
Companies premium

Pertamina tanker exits Strait of Hormuz amid renewed US-Iran tensions

The Pertamina Pride, carrying 2 million barrels of Saudi Arabian crude loaded in early March, cleared the Strait of Hormuz on Wednesday after departing the Arabian Gulf a day earlier, according to Pertamina's shipping subsidiary.  ...

10 hours ago
Economy premium

Govt expects full-year tax shortfall despite strong growth in first half

Indonesia has completed the first half of 2026 with strong growth in tax revenue but the government expects the full year to conclude with a Rp 47 trillion (US$2.6 billion) shortfall. ...

11 hours ago

The Latest

Economy

WTO panel largely rejects RI's challenge to EU duties in fatty acid imports dispute

The panel upheld one ​Indonesian complaint, concluding that the ​European Commission failed to correctly convert the currency of certain transactions.

11 hours ago
Regulations premium

Purbaya denies banks' call to extend liquidity injection

The finance minister has rejected state-owned banks' call to extend the liquidity injection scheme, citing a need for flexibility while noting that the central bank would step in if necessary to maintain a stable money supply.

12 hours ago
Markets

Asian shares climb on chip rally, oil up as Gulf hostilities resume

Asian shares climbed on Thursday as semiconductors got a respite from heavy selling, though gains were capped by a surge in oil prices as a resumption of hostilities in the Gulf reignited inflation fears and hammered bonds.

16 hours ago
Markets premium

IDX eyes second-half recovery, policy and external risks remain

The Indonesia Stock Exchange (IDX) Composite index is expected to rebound in the second half as easing MSCI concerns, fiscal stimulus and attractive valuations lift investor sentiment, but policy uncertainty and external risks could temper gains.

19 hours ago
Regulations premium

Graft case exposes moral hazard in weak coal oversight

Industry association, experts call for transparent, fair law enforcement to ensure legal certainty, market confidence and sustainable electricity in Indonesia.

1 day ago
Economy

Prabowo touts Batam as Indonesia’s next global maritime, investment gateway

In a meeting with BP Batam, the President has emphasized that the free trade zone and tropical attraction should serve as a national model for downstream industrialization, investment acceleration, regulatory reform and logistics efficiency.

1 day ago
Regulations premium

New OJK rules on credit scoring ease loan disbursement

The Financial Services Authority (OJK) has rolled out new rules for credit scoring through its Financial Information Services System (SLIK) in a bid to boost lending in productive sectors, including micro, small and medium enterprises (MSME) and for homebuyers. 

1 day ago
Economy premium

S&P DJI flags risk of frontier market downgrade for Indonesia

The benchmark IDX Composite index fell around 1.4 percent during the first trading session on Wednesday, although this was on a par with the declines recorded for Nikkei and KOSPI in the same period.

1 day ago
Economy premium

Forex reserves up $700m in June after rate hikes

June marked the first increase recorded this year after five constant monthly declines since December 2025 when the reserves were at US$156.5 billion.

1 day ago
Markets

Oil prices extend rally as US strikes on Iran revive geopolitical fears

Oil prices extended a surge on Wednesday as the Middle East crisis burst back into the spotlight with US forces launching fresh strikes on Iran after an attack on three vessels in the Strait of Hormuz.

1 day ago
Companies premium

Police probe coal miners over alleged graft tied to blackouts

The National Police’s Criminal Investigation Department (Bareskrim) revealed that investigators had uncovered alleged irregularities in coal procurement involving two companies identified only by their initials, UBP and BRA.  

2 days ago
Companies premium

Some 200 Tokopedia staff leave TikTok amid restructuring

The workers opted to accept compensation packages offered by Tokopedia-owner TikTok rather than being laid off, Deputy House of Representatives Speaker Sufmi Dasco Ahmad said during a meeting called to clarify reports of mass layoffs.  

2 days ago
Regulations

B50 and the price of energy independence

The biggest challenge for the implementation of B50 is how to balance palm oil demand between biodiesel, food needs and exports.

2 days ago
Companies

Meta says US states seeking $1.4 trillion in penalties in youth safety trial

Meta Platforms said in a court filing on Monday that four states were seeking US$1.4 trillion in penalties over accusations the company designed its Facebook and Instagram platforms to addict young users and misled the public about their safety.

2 days ago
Companies

Samsung expects 1,800% operating profit leap on AI boom

Samsung's estimate would be the "largest quarterly operating profit in history", beating that of AI chip titan Nvidia, said Kim Dae-jong, a business administration professor at Sejong University.

2 days ago
Companies

Corporate Japan's rare-earth warnings get louder as China keeps the spigot closed

A shortage of critical minerals is starting to affect the broader Japanese economy, adding a sense of urgency for Prime Minister Sanae Takaichi's government to find alternatives to exports that China has cut off, according to recent corporate filings.

2 days ago
Economy premium

Govt aims for year-end launch of tax-friendly financial center

An early draft version contains stipulations on special legal and taxation powers, which experts say could leave the country open to illicit financial activities such as money laundering with few economic benefits.

3 days ago
Economy

Indonesia, Singapore sign agreement on cross-border electricity project

Indonesian sovereign wealth fund ​Danantara and Singapore's Keppel Electric, Sembcorp ‌Industries and Singapore Energy Interconnections have signed a memorandum of understanding for ​a cross-border electricity project, Singapore's ​prime minister said on Monday.

3 days ago
Economy premium

South Sumatra CNG station on fast track to slash LPG imports

In a bid to cut annual LNG imports totaling around Rp 500 trillion to fill a gaping shortfall of nearly 7 million tonnes, the government is pushing to accelerate development on a CNG central compression station to exploit substantial methane reserves in South Sumatra.

3 days ago
Regulations premium

Government slows down rollout of cooperatives program

The government has slashed by half its planned rollout of KMP units in October from 80,000 to just 40,000, while the finance minister is adamant that any unnecessary augmentations to the original program will be ditched before implementation.

3 days ago
Markets

Asian shares slip as earnings loom, oil weighed by supply

Asian share markets eased on Monday as caution took hold ahead of a crucial earnings season for the artificial intelligence sector, while the potential for increased supply weighed on oil prices and promised relief from inflationary pressures.

3 days ago
Companies

Less Hassle, More Flavor: Uncover the City with Gojek’s Jalan Jajan

School holidays are officially here, bringing with them comes the perfect excuse to rediscover our own neighborhood. This season, Gojek is transforming the way Indonesians explore their cities with the launch of Jalan Jajan, a curated, hyper-local recommendation playbook embedded right inside the Gojek app while championing local business.

3 days ago
Regulations premium

Danantara's new fund risks reopening old infrastructure funding pitfalls

Corporate filings show Danantara chief technology officer Sigit Puji Sentosa is expected to lead new fund DDMF, while Rachmat Kaimuddin, currently deputy for basic infrastructure coordination at the Office of the Coordinating Infrastructure and Regional Development Minister, has been appointed to its executive team.

3 days ago
Regulations premium

Industry backs biometric SIM card registration, seeks lower fees

As Indonesia begins biometric SIM card registration for new subscribers, operators and cybersecurity experts say the policy's success will depend on infrastructure readiness, digital literacy and strong data protection.  

4 days ago
Companies premium

Australian firm to invest $350m to build RI's first battery precursor plant

The planned investment by Queensland-based Pure Battery Technologies (PBT) is intended to fill the gap in the domestic supply chain by building capacity to produce battery precursor materials, one of the highest-value segments in the nickel industry.

4 days ago
Economy

Europe's baked rice bowl seeks escape from drought

Pavia is at the heart of Italy's rice-making industry. The province regularly produces nearly 5 million tonnes of the grain each year. But this year there was not enough spring rain and its rice farmers are despondent.

4 days ago
Companies

Mercedes demos set stage for wave of German auto protests

Thousands of workers demonstrated outside Mercedes-Benz factories in Germany Friday over the premium carmaker's cost-saving plans, kicking off an expected wave of protests in the country's crisis-wracked auto industry.

5 days ago

Today's ePost

Fri, July 10, 2026

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