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Jakarta Post
Economy premium

Govt mandates private fuel stations to buy diesel from Pertamina

Starting April 2026, the government will not roll out diesel fuel import allocations for private companies, as it anticipates a surplus of approximately 4 million kiloliters of the fuel driven by the upgraded Pertamina refinery and B50 biodiesel policy.

51 seconds ago
Markets

Dow, S&P 500 end at records amid talk of Santa rally

Major US stock indices finished at fresh records Wednesday following a shortened pre-holiday session while gold and silver prices also struck fresh highs. ...

7 hours ago
Markets

Asian markets mixed after US growth data fuels Wall St record

Asian markets went into the Christmas break Wednesday on a mixed note as investors struggled to track a record day on Wall Street fueled by forecast-topping US economic data. ...

1 day ago

The Latest

Companies premium

Indosat forms Rp 14.6t fiber optic venture with Arsari, Northstar

Named FiberCo, the new joint venture is to operate an 86,000-kilometer open access network to ready the country for the AI era.

1 day ago
Companies

Mastercard on neutralizing the threat of cybersecurity risks

As the world moves toward the era of Society 5.0, technologies like Artificial Intelligence (AI) and the Internet of Things (IoT) are becoming deeply embedded in everyday life. But as digital adoption accelerates, so does the need for robust cybersecurity—especially in countries like Indonesia, where recent breaches have underscored the urgency of digital defense.

1 day ago
Companies

GoFood releases “Kilas Balik 2025”, revealing Indonesians' appetite in 2025

GoFood officially released Kilas Balik 2025 (GoFood 2025 Recap), a year-end roundup that captures how Indonesians ate, snacked and sipped their way through 2025. The report captured tasty snapshots of Indonesia customers' culinary preferences - comfort food and familiar flavors remain the go-tos, but drinks are where people are keen to explore, experiment and follow the latest trends.

1 day ago
Markets

Dollar set for worst year since 2003 as rate outlooks diverge

The US dollar was headed for its worst annual performance in more than two decades on Wednesday as investors wagered the Federal Reserve would have room to cut rates further next year even as some of its peers looked set to hike.

1 day ago
Economy premium

Christmas sales inch up slowly amid cautious spending

Retailers are seeing a later-than-usual pickup in seasonal sales this year as consumers appear more cautious with their spending, while industry associations say the delayed momentum could carry over past the year-end and into early 2026.

1 day ago
Regulations premium

Govt to sign trade deal with US in January after clearing final hurdles

The agreement, which is expected to be signed by President Prabowo Subianto and his United States counterpart Donald Trump, will not constrain Jakarta’s domestic policy space and will deliver “balanced economic benefits” for both countries, according to Office of the Coordinating Economy Minister Airlangga Hartarto.

1 day ago
Economy premium

RI inks trade deal with EAEU, eyes Eurasian market expansion

Indonesia has signed a free trade agreement (FTA) with the Eurasian Economic Union (EAEU) to diversify exports and secure a stronger foothold in a promising “nontraditional market” of nearly 200 million people.

1 day ago
Economy

Indonesia eyes US tariff deal signing in January, says all issues settled

The United States wants access to Indonesia's critical minerals and has agreed to give tariff exemptions to its palm oil, tea and coffee, says senior economic minister Airlangga Hartarto. 

2 days ago
Economy

Consumption is picking up, stability is yet to follow

The past three years show that Indonesia’s consumption has moved through distinct phases, shaped not only by how much people spend, but by how they choose to spend it.

2 days ago
Companies premium

Indonesia’s BUMA lands $493m extension at Australian coal mine

The extension secures BUMA Australia’s operations at the Blackwater Mine in Central Queensland’s Bowen Basin, one of Australia’s largest open-cut metallurgical coal operations, providing pre-strip services through to June 2030.

2 days ago
Companies

Billionaire Ellison offers personal guarantee for son's bid for Warner Bros

Oracle tech tycoon Larry Ellison is offering a US$40.4 billion personal guarantee to back Paramount's hostile bid for Warner Bros. Discovery, deepening a bidding war with Netflix, a statement said on Monday.

2 days ago
Markets

Asian markets rally again as rate cut hopes bring Christmas cheer

Equities extended a global rally Tuesday, while gold and silver hit fresh records as optimism for more US interest rate cuts and an easing of AI fears helped investors prepare for the festive break on a positive note.

2 days ago
Regulations premium

Another year lost in the energy transition

As of October, renewables accounted for only 14.4 percent of the national energy mix, equivalent to 15.47 gigawatts (GW) of installed capacity.

2 days ago
Regulations premium

West Java development moratorium prompts industry scrutiny

A real estate association has warned of financial strain on developers and a potential setback for the government’s 3-million-homes program.

2 days ago
Economy premium

Malaysia set to revive cross-strait bridge project with feasibility study in 2026

Malaysia's Malacca state is again moving to revive a plan to build a cross-strait bridge linking it and Indonesia's Riau province, with a new feasibility study set to commence 30 years after the megaproject was originally proposed.

3 days ago
Regulations premium

Govt imposes gold export tax as prices surge to new high

Based on the new regulation, gold priced in the range of US$2,800 to $3,200 per troy ounce will face duties of 7.5 to 12.5 percent, with rates potentially rising to 10 to 15 percent.  

3 days ago
Companies

Swiss court admits Indonesia islanders climate case against Holcim

A court in Switzerland has decided to admit a legal complaint linked to global warming against Swiss cement maker Holcim that alleges the company is doing too little to cut carbon emissions, parties to the case said on Monday.

3 days ago
Markets

Asia shares extend tech rally, yen under pressure

Asian share markets rose on Monday tracking tech-driven gains on Wall Street, while the yen wallowed at all-time lows against the euro and Swiss franc as higher interest rates at home did nothing to deter speculative sellers.

3 days ago
Companies

Unlocking global potential: why leading enterprises should look to Hong Kong

In an increasingly competitive global market, local opportunities are no longer enough for visionary enterprises with global ambitions, they need a gateway to international capital, innovation and connections.

3 days ago
Economy premium

Foreign tourist arrivals yet to recover to pre-pandemic peak

Foreign tourist arrivals are expected to remain below pre-pandemic levels, even as the sector shows steady post-pandemic recovery. Experts point to intensifying competition from neighboring countries, limited diversification beyond popular destinations such as Bali and a lack of “major breakthroughs” in promoting Indonesian tourism.  

3 days ago
Companies premium

Local construction firm KRYA seals Rp 240b electric motorcycle deal

The contract covers the procurement of 10,000 electric motorcycles, with deliveries set to begin in March 2026.

4 days ago
Companies

Trump, nine pharmaceutical companies strike deal to cut prices

US President Donald Trump and nine major pharmaceutical companies on Friday announced deals that will slash the prices of their medicines for the government's Medicaid program and for cash payers, in his latest bid to align US costs with those in other wealthy nations.

4 days ago
Economy premium

High-end thrift stores defend their niche, promoting sustainability

In the shadow of Indonesia’s crackdown on imported secondhand clothing, a quieter, more exclusive form of thrifting continues to operate at the margins of legality.

5 days ago
Economy premium

Indonesia eyes to clinch US tariff deal in a fortnight

Indonesia’s technical team, tasked with the legal drafting process, has arrived in the US capital about a week ago to pave the way for Coordinating Economy Minister Airlangga Hartarto.

5 days ago
Companies

Toyota to import US-made cars after Trump complaint

The US president has imposed painful import tariffs on countries around the world in an attempt to boost his country's manufacturers and reduce its colossal trade deficit.

6 days ago
Economy premium

Revenue slump pushes fiscal deficit wider in November

State revenue reached just 82.1 percent of the full-year outlook in November, down 5.67 percent from the same period last year, while the budget deficit stood at 2.35 percent of GDP, noticeably higher than October's 2.02 percent, though the finance minister said this was "within manageable limits".

6 days ago
Regulations

EU countries approve year-long delay to deforestation law

The world-first policy would ban imports into the EU of cocoa, palm oil and other commodities linked to forest destruction, requiring foreign exporters of these commodities to provide due diligence statements proving their products did not contribute to forest destruction.

6 days ago

Today's ePost

Wed, December 24, 2025

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