Latest News on Business, Economy, and Investment: Today's Updates

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Jakarta Post
Companies

Volkswagen says cutting 100,000 jobs by end of decade

The company said it had approved a plan involving the reduction of around 50,000 jobs, on top of another 50,000 already agreed.

12 hours ago
Companies

IEE Series – Energy Week reflects growing ecosystem seeking connections

With Indonesia expanding its power and digital infrastructure, IEE Series – Energy Week 2026 is emerging as a meeting point for industries seeking technology, partnerships, and solutions to support the next phase of industrial transformation. ...

13 hours ago
Economy premium

Indonesia, Russia ink fertilizer investment deal

Investment and Downstreaming Minister Rosan Roeslani confirmed that state-owned PT Pupuk Indonesia is exploring a significant investment in a urea fertilizer plant in Vladivostok. ...

15 hours ago

The Latest

Markets premium

J.P. Morgan sees IDX at 7,000 this year, flags hurdles to 6% GDP growth

Corporate earnings growth next year is projected to reach 9 percent, driven by government spending and investment.  

17 hours ago
Markets

Asian stocks rally as traders pare rate bets ahead of jobs data

Stocks rose Friday and government yields held their losses after comments from top Federal Reserve officials tempered fears that the central bank would hike interest rates at its meeting this month.

19 hours ago
Regulations premium

Purbaya reasserts budget for cooperatives debt

The government had reserved some Rp 40 trillion (US$2.26 billion) this year to pay the first round of installments due on Sept. 25, totaling Rp 37.7 trillion.

22 hours ago
Tech premium

Indonesia’s data center push gains ground, but faces execution test

Industry players warned that the government still needs to address existing challenges, including bottlenecks in equipment imports and delays in infrastructure construction.

1 day ago
Companies

Hemrish Group to open luxury retirement estate Sukha Soleil in Bintan

The retirement estate is targeted to open in December with 10 private villas in the first phase, taking advantage of Bintan's Lagoi area as an up-scale tourism destination with international standard. 

1 day ago
Markets

Indonesia's global commodities price-setting ambition risks backfiring

The exchange, scheduled for launch next year, is President Prabowo Subianto's latest initiative to expand state influence over natural resources in a country that is the biggest global supplier of palm oil, nickel and thermal coal and a major source of copper and bauxite.

1 day ago
Economy premium

New BI governor puts stability as top agenda

Destry was inaugurated on Sept. 2, alongside newly appointed senior deputy governor Aida S. Budiman and deputy governor Solikin M. Juhro, with all three appointed for five-year terms.

1 day ago
Economy premium

Energy subsidy bill seen to soar by Rp 300t without renewables push

National energy subsidy and compensation expenditures could skyrocket by Rp 300 trillion in the 2026 fiscal year unless the country accelerates its transition to new and renewable energy, the Energy and Mineral Resources Ministry has warned.

1 day ago
Markets

Stocks rise, yields ease as oil slips on Trump hint at short bombing campaign

Most Asian stocks enjoyed a healthy recovery Thursday following a drab start to the week as bond yields and oil prices dropped after Donald Trump suggested the latest US attacks against Iran would likely be short-lived.

1 day ago
Regulations premium

LPG subsidy surge tests targeting, import curb pledge

Analysts stress that better-targeted LPG subsidies could free up fiscal space to channel more funding into the CNG program.

1 day ago
Economy premium

RI factory activity contracts as ASEAN peers gain

Indonesia’s manufacturing sector has slipped back into contraction territory as weaker output and employment offset a modest recovery in new orders, according to S&P Global.

2 days ago
Economy

Dollar hits two-week high with Middle East conflict in focus

The US and Iran found themselves back on a war footing on Wednesday after the most significant exchange of fire in weeks.

2 days ago
Companies

John Ternus takes over as Apple enters era of AI, foldable phones

One of his biggest challenges will be balancing the company's dependence on China while parrying acute political pressure from the White House.

2 days ago
Companies premium

Danantara partners up with Bakrie Group to boost commercial EV ecosystem

According to a public disclosure published by VKTR, the proposed financing set out in the agreement would provide an indicative principal amount of up to Rp 2 trillion (US$112.7 million).  

2 days ago
Economy

Batam’s investment surge puts Southeast Asia’s industrial gateway on stronger growth path

Based on its investment activity report (LKPM), Batam’s investment realization in H1 2026 reached Rp 29.89 trillion (US$1.8 billion), equivalent to 45.3 percent of its full-year target.

2 days ago
Markets

Bond selloff deepens as inflation risks, oil prices jolt markets

Sovereign yields are a reference point for asset prices across financial markets and the higher price of money means higher mortgage rates for consumers and tough choices for government spending as funding costs climb.

2 days ago
Economy

The 2027 State Budget: Path toward a narrower deficit

Tax revenue in 2027 is projected at around 9.3 percent of GDP. Adding customs and excise raises the ratio to roughly 10.4 percent, slightly above 10.2 percent of GDP in the 2026 outlook.

2 days ago
Markets

Asian markets tumble as US-Iran fighting lifts oil and bond yields

Stocks slumped in Asian trading on Wednesday as a bond market-induced selloff on global markets spilled over into the region, after renewed attacks by the United States on Iran pushed oil prices higher.

2 days ago
Economy premium

RI reverses trade deficit with tiny July surplus

Indonesia has restored its trade balance to a small surplus in July thanks to surging outbound shipments of crude palm oil and coal.

3 days ago
Economy premium

Inflation accelerates while House approves new BI governor

The consumer price index (CPI) growth rose to 3.19 year-on-year (yoy) in August, Statistics Indonesia (BPS) official Ateng Hartono revealed in a press conference on Tuesday, well within the government’s and Bank Indonesia’s (BI) target range of 2.5 plus/minus 1 percent.  

3 days ago
Regulations premium

Govt mulling Pertalite sales curb for wealthiest 20%

Reports of fuel subsidy misuse amid rising consumption toward potentially overshooting the 2026 quotas have prompted the government to launch an active review of its policy, so that targeted consumers benefit from subsidized fuels.

3 days ago
Regulations

Legislature confirms Destry as new central bank chief

The House of Representatives on Tuesday confirmed Destry Damayanti as the new central bank governor, following the abrupt resignation of Perry Warjiyo in July.

3 days ago
Economy premium

SOEs to remit Rp 120t to state budget this year, says Purbaya

Finance Minister Purbaya Yudhi Sadewa expects Danantara to remit Rp 120 trillion ($6.76 billion) in dividends from state-owned enterprises (SOEs) to the state budget this year, marking a change from the initial plan for running the state asset fund.

3 days ago
Economy premium

Govt’s MSME credit push overlooks deeper structural problem

The government aims to boost bank lending to micro, small and medium enterprises (MSMEs) by raising the credit target from Rp 1.5 quadrillion (US$84.6 billion) to Rp 2 quadrillion in 2027, but doubts remain over whether the move will effectively address structural issues that have hindered lending to the sector.  

4 days ago
Companies premium

Bank Jakarta aims to go public in 2027

Bank Jakarta is moving ahead with its plan for an initial public offering (IPO) in June 2027 while cautioning that the move would still depend on capital market dynamics.  

4 days ago
Economy premium

Housing expo falls short, subsidized loans slow

The Danantara Housing Expo booked Rp 2 trillion in settled transactions, below an initial target of Rp 6 trillion to Rp 10 trillion, while loan disbursement for subsidized housing fell 15 percent year-on-year amid supply constraints, pointing to ongoing challenges in the government’s 3 Million Homes program.  

4 days ago
Companies

China's three biggest airlines post heavy first-half losses as fuel shock bites

The weak results underscored the post-pandemic fragility of China's aviation sector, as the trio confronted what China Eastern described as a profit environment "severely undermined" by disrupted international routes and persistently elevated jet fuel prices linked to the Middle East conflict.

4 days ago

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