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Jakarta Post
Companies premium

Prabowo launches $10.2b nickel downstream projects at Weda Bay

The President launched on Thursday 11 downstream nickel and aluminum projects at the industrial park on Weda Bay in North Maluku, as part of the ongoing drive to turn the country into a major battery manufacturing hub amid the global EV boom.

44 minutes ago
Companies

Godrej Consumer Products Indonesia builds new Rp 500 billion factory in Kendal

The first phase of the facility occupies 2.5 hectares of GCPI’s total 5.5-ha site in Kendal, serving as a manufacturing hub for household insecticides for both Indonesian and export markets. ...

1 hour ago
Economy

Indonesia orders cost-cutting measures to keep fiscal deficit in check

In the circular letter, Suahasil ​Nazara ordered civil servants to prioritize online meetings and to halt any procurement of new ​vehicles, as well as the construction or renovation of official residences and buildings. ...

3 hours ago

The Latest

Economy

Investing in Indonesia’s future: Why five strategic sectors matter

From toll roads and data centers to geothermal energy, healthcare and battery materials, INA is putting long-term capital behind Indonesia’s future.

2 hours ago
Regulations premium

New manpower law to tilt balance to labor

Labor unions hail the new legislation as a win for workers, thanks to more rigid arrangements on contract work, outsourcing, layoffs and severance payments.

14 hours ago
Economy

Deciphering Indonesia’s data center dilemma

Indonesia needs to carefully plan where data centers can be located and avoid excessive concentration, as more than 60 percent of the country’s data centers are concentrated in just two locations, Greater Jakarta and Batam.

20 hours ago
Regulations premium

Indonesia mulls nickel smelter moratorium as global supply swells

Nickel prices fell to a year-to-date low of US$15,510 a tonne on Oct. 2, with further downside risks likely to hinge on Indonesia’s nickel supply policy, according to Fitch’s BMI Research.  

21 hours ago
Regulations

Next steps unclear after Indonesia’s pledge to stop clearing forests for rice fields

Forestry think-tank Auriga Nusantara estimates that forest loss in Indonesia surged by 66 percent in 2025 to 433,751 ha, its highest level in eight years, with more than 78,000 ha linked to food and energy self-sufficiency programs.

22 hours ago
Markets

Stocks fall further as oil spike fans fresh inflation worries

Anxiety returned as figures showed Tehran had increased strikes on tankers in the Strait of Hormuz, Houthis rebutted claims they had lost key territory and top oil officials warned that global reserves were running worryingly low.

1 day ago
Economy premium

Forex reserves inch down in September amid rupiah volatility

Indonesia’s foreign exchange reserves have declined slightly as Bank Indonesia (BI) battles fresh bouts of rupiah volatility.

1 day ago
Regulations premium

Analysts warn of risks as IDX brings back short selling

The Indonesia Stock Exchange (IDX) is cautiously reintroducing short-selling in equities in a move to improve liquidity on the local bourse, but the measure could have negative side effects unless it comes with stringent regulatory enforcement.

1 day ago
Executive Column premium

Danamon looks to broaden market reach through integration

The plan to integrate the operations of private lender Bank Danamon with the local branch of Japan’s MUFG Bank comes as Indonesia’s Financial Services Authority (OJK) pushes for further consolidation to improve efficiency in the domestic banking industry.  

1 day ago
Regulations premium

‘Political’ reshuffle puts RI industrial policy at a crossroads

Analysts warned that the change could signal less emphasis on non-mineral industries such as textiles and footwear, while the energy transition could take a back seat when it conflicts with the government’s increasingly dominant downstreaming agenda.

1 day ago
Companies premium

Danantara invests $250m in US oil producer HighPeak Energy

Indonesia’s publicly listed firm PT Energi Mega Persada, part of the Bakrie Group conglomerate, also joined the deal with a $200 million investment, bringing the total investment in the US company to $450 million.

1 day ago
Economy

AI 'widening economic inequality', IMF boss warns

The global artificial intelligence boom is fast becoming the key driver of economies around the world, but the boom is risking wider global inequality by leaving some nations behind, IMF chief Kristalina Georgieva warned on Wednesday.

1 day ago
Regulations premium

Indonesia mulling soybean import subsidy as prices rise

Though details are still being ironed out, the subsidy plan aims to ease price-related pressures on soybean importers while ensuring their availability and affordability, including for consumers of tofu and tempeh.

1 day ago
Economy premium

Government to halt clearing forests, boost output from existing paddies

The President's climate and energy envoy told a sustainability forum on Monday that the country had achieved rice self-sufficiency three years earlier than planned, so no additional forests would be cleared to make way for paddies.

2 days ago
Markets

Oil rises and stocks fall as Hormuz worries flare

Both global benchmark Brent and West Texas Intermediate rebounded Tuesday and rose in early Asian trade, as figures showed Tehran had increased strikes on tankers in the crucial Strait of Hormuz.

2 days ago
Economy premium

Indonesia could run out of nickel within a decade

Indonesia's nickel processing boom is outpacing its reserves, with experts warning of depletion within a decade and urging the government to shift from price support to policies that sustain ore longevity.

2 days ago
Regulations premium

House passes new manpower law, touts it as a ‘gift’ to workers

The government targeted to finalize the bill before the end of October, following a Constitutional Court ruling on October 2024 that ordered the establishment of a new employment law separate from the Job Creation Law within two years.   

2 days ago
Economy

Indonesia’s bond market offers attractive yields, but risks remain

For Indonesia, a pause in US tightening could improve sentiment, but a sustained recovery would require confidence that inflation pressures and US interest rates are moving toward a more favorable path.

2 days ago
Companies premium

SMI, Europe's NUCA program target bankable resilience projects

The state-owned infrastructure financier, as part of its partnership with NUCA, is funding water, wastewater and other projects to help regions adapt to a changing climate through built-in resilience.

3 days ago
Economy

Middle East war sharpens focus on ASEAN energy security plans

ASEAN imports more than half of the crude for its refineries from the Middle East at a time when global benchmark prices are around US$100 a barrel.

3 days ago
Regulations premium

Employers, workers struggle to find common ground as employment bill nears passage

Despite the deadlock, lawmakers are still targeting Oct. 8, or sooner, to pass the bill before entering a recess that will last until next month.  

3 days ago
Economy premium

Danantara dividends not factored into state budget, Suahasil says

Danantara would retain its SOE dividends and use them to invest for projects and as “leverage” to attract private capital rather than simply transferred to the state budget, the Finance Ministry noted.

3 days ago
Regulations premium

New stimulus package to boost economy in Q4, and beyond

The government is rolling out a new stimulus package to support consumer spending and employment in the fourth quarter of 2026, with some measures to remain in place after the turn of the year.

3 days ago
Markets

Euro slides as French fiscal worries grip markets

The euro weakened sharply on Monday to a 17-month low as fiscal worries in France amid a steep bond market rout stoked fears of contagion risks in the region, helping the dollar shrug off soft US jobs data that dented near-term rate hike expectations.

4 days ago
Markets

Middle East crude oil exports exceed pre-war levels but tanker attacks increase

Crude oil exports from the Middle East rose above pre-war levels in four of the seven days of the final week of September, shipping data showed on Monday, despite attacks on vessels passing through the Strait of Hormuz.

4 days ago
Markets

Saudi Arabia unexpectedly cuts oil prices to Asia

Aramco has been looking ​at offering discounts for oil loaded off Oman to compensate buyers for record freight ​rates, people familiar with the matter said last week, as it sought to protect its market ‌share ⁠after the regional conflict hit exports.

4 days ago
Regulations premium

Govt aims to collect more tax without hiking rates

The 2027 budget plan passed last week foresees the highest tax revenue relative to gross domestic product in the past decade, which the government aims to achieve without introducing new levies or hiking rates.

4 days ago

Today's ePost

Fri, October 9, 2026

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