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Jakarta Post
Economy premium

Textile industry urges govt to refocus support

The government aims to revive the textile industry by facilitating financing from local banks for machinery upgrades, while considering tax incentives and establishing a special zone to integrate upstream and downstream production.

3 hours ago
Markets

Bonds set for bruising September but stocks little fazed

The rise in borrowing costs has been front-and-center for investors, given that sovereign yields are an anchor for global markets, a reference price for investing in riskier stocks and a benchmark for mortgages and corporate borrowing. ...

6 hours ago
Companies premium

Danantara reportedly looking to set up Hong Kong branch office

Bloomberg has reported that Danantara is looking to set up and staff a representative office in the Chinese special administrative region. ...

7 hours ago

The Latest

Companies premium

Govt suspends BDx data center project in West Java amid environmental concern

West Java Communication and Information Agency head Adi Komar said the provincial administration supported investment in the data center but stressed that developers must comply with all applicable regulations, particularly given the project's scale.

10 hours ago
Economy premium

HSBC forecasts slower GDP growth next year despite renewed capital inflows

The global bank has forecast that Indonesia's GDP growth will be sustained at a pace of 5.4 percent in 2026 before slowing slightly to 5.2 percent next year.

11 hours ago
Tech

Trump, AI CEOs sign voluntary safety pact, back data center expansion

The administration faces increasing scrutiny over risks posed by advanced AI, after OpenAI and Anthropic reported their AI agents had gone rogue and hacked into other companies' systems.

14 hours ago
Markets premium

External pressure, fiscal risks weigh on rupiah

The rupiah has again breached a psychological threshold against the United States dollar as fading hope for a swift settlement of the Iran war pushes up global energy prices and inflation in Indonesia, triggering fresh capital outflows from Indonesia.

1 day ago
Economy premium

Thai businesses tap Indonesian market as domestic opportunities shrink

Indonesia’s large domestic market could justify to set up a local production, while import restrictions and quotas had further prompted some Thai businesses to consider investing locally rather than exporting directly from Thailand.

1 day ago
Economy

The shortening life of food trends

Indonesians are not steadily abandoning small treats, nor are they rapidly increasing the share of their food budgets devoted to them, but the products competing for that pool are changing faster.

1 day ago
Economy

House passes 2027 state budget bill into law

Spending and revenue ​next year were approved at Rp 4.1 quadrillion and ⁠3.4 quadrillion, respectively, representing increases of about ​4 percent and 7 percent from the latest estimates for this ​year's budget.

1 day ago
Regulations premium

Govt to inject Rp 20 trillion into BPJS Kesehatan to cover cash flow deficit

BPJS Kesehatan president director Prihati Pujowaskito said the agency had collected Rp 118 trillion in premiums as of September, while it had paid Rp 132 trillion in healthcare benefits, leaving a cash flow deficit of around Rp 14 trillion.

1 day ago
Markets

Stocks drop, oil rises as Hormuz hopes fade

Hopes for an easing of Middle East tensions were dashed at the weekend when Donald Trump rejected Iran's offer for a seven-day truce.

1 day ago
Companies

Certification of Boeing 737 MAX delayed by software bug

United States air safety regulators are delaying certification of the 737 MAX 10 until determining a fresh software glitch poses no safety risk, a top official said Monday.

1 day ago
Regulations premium

Sugarcane farmers query House over sugar imports

Leaders of the Indonesian Sugarcane Farmers Association (APTRI) have complained at the House of Representatives that sugar imports would keep prices depressed and put strain on an industry struggling to gain a footing.  

1 day ago
Markets premium

Stocks plunge as IDX lowers minimum price cap

Several other stocks were affected by the price floor change and hit the lower auto-rejection limit, including tech giant PT GoTo Gojek Tokopedia, property developer PT Lippo Karawaci and PT Repower Asia Indonesia, as well as rice producer PT Buyung Poetra Sembada.  

2 days ago
Markets premium

Rupiah back near 18,000 on strong dollar, high oil price

At a hearing with the House of Representatives on Monday, BI Governor Destry Damayanti said the central bank had reduced its spot market foreign exchange interventions to 30 percent of total interventions because they were too costly.

2 days ago
Economy premium

Govt earmarks Rp 17 trillion for integrated livestock ecosystem

The Agriculture Ministry has earmarked around Rp 17 trillion to develop an integrated livestock industry across Indonesia, with five initial sites targeted for completion next year as the government seeks to strengthen domestic supplies of chicken, eggs and milk.

2 days ago
Markets

Oil prices spike after Trump rejects Iran truce offer

Oil prices spiked with bond yields Monday as Donald Trump's rejection of an Iranian offer of a seven-day truce stoked inflation concerns, while stocks were mixed as traders look ahead to the release of key US data.

2 days ago
Markets

Mideast oil exports rebound in September as Saudi Arabia boosts shipments

The rebound came following a recovery in exports via the Strait of Hormuz, which were set to hit about 7.4 million bpd this month.

2 days ago
Regulations premium

Power exports to Singapore hinge on regulatory clarity

The Vanda Solar and Battery project in the Riau Islands is expected to be operational by 2029, but only if the Indonesian government issues its long-awaited electricity export regulation this year or by 2027, its developer has said.

3 days ago
Tech premium

BI to expand QRIS to Timor Leste, Hong Kong

From the launch of cross-border QRIS in 2022 through July 2026, users from partner countries made 21 million inbound transactions in Indonesia worth Rp 5.9 trillion ($329.3 million), BI data show.  

3 days ago
Economy

China, US agree to AI dialogue, tariff cuts on $30b in goods during Xi visit

The tariff reductions would apply to US exports such as agricultural goods, wood and cosmetics, as well as US imports including small appliances, toys and decorations.

3 days ago
Tech

TikTok reaches first state settlement over teen safety claims, agrees to user limits

TikTok will pay Alabama at least $100 million under the settlement, but the state's payout could grow to $300 million if 40 other attorneys general sign on to similar agreements with the company within a specified timeframe, according to the settlement.

4 days ago
Economy premium

Millions of informal sector workers ill-prepared for retirement

Many Indonesians are making do without old-age saving plans as they grapple with unstable incomes and employment.

4 days ago
Companies premium

Danantara, France's Thales to explore AI, defense investment cooperation

The cooperation aims to explore critical sectors such as defense and cyber technologies for long-term innovation and national resilience toward potential involvement of SOEs, as Danantara eyes AI infrastructure development.

5 days ago
Regulations premium

Agrinas asserts co-op managers SOE employees, refuting Danantara claim

Following last week's criticism of the government's delay in installing managers at Red and White Cooperatives, the Agrinas chief has asserted that co-op managers are employed at the state-owned agriculture firm.

5 days ago
Companies

US airlines oppose China's bid to add more flights

The head of industry group Airlines for America said on Thursday that US carriers oppose adding more direct flights from China to the United States even as Chinese President Xi Jinping raised the idea.

5 days ago
Regulations premium

Free meals marketplace raises supply chain concerns

A planned marketplace for the free nutritious meal program could end up centralizing the program’s supply chain without addressing underlying procurement and governance problems, economists have warned.

6 days ago
Economy premium

Severance, minimum wage remain sticking points in labor bill talks

The Confederation of All Indonesian Trade Unions (KSBSI) called for labor rules that balance business sustainability with worker protection while adapting to changes in the workforce.

6 days ago
Companies premium

House approves KAI plan to import used Japanese trains as local production lags

Lawmakers have green-lit a plan to import used trains from Japan, which has a compatible railway system, as KAI projects the shortfall in trains to peak at 45 in 2029 amid growing demand from Commuter Line passengers.

6 days ago

Today's ePost

Wed, September 30, 2026

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