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Jakarta Post
Economy

Fed leaves rates unchanged, sees 'somewhat elevated' inflation and stabilizing job market

Noting broad internal support for the decision, Powell said the Fed remains "well-positioned" to assess when or whether another rate cut may be needed.

2 months ago
Companies

Samsung logs best-ever profit on AI chip demand

South Korean tech giant Samsung Electronics posted record quarterly profits Thursday, riding massive market demand for the memory chips that power artificial intelligence. ...

2 months ago
Companies

Meta boosts annual capex sharply on superintelligence push, shares surge

Instagram-owner Meta on Wednesday boosted its capital spending plans for the new year by 73 percent in the pursuit of "superintelligence," an effort to offer deeply personalized artificial intelligence to its large social media user base. ...

2 months ago

The Latest

Markets premium

IDX plunges after MSCI warning about RI stocks

The Indonesia Stock Exchange (IDX) temporarily halted trading on Wednesday after shares plunged on a warning from global index provider MSCI that it could downgrade Indonesian stocks to frontier-market status.  

2 months ago
Companies

Plasma fractionation plant in Karawang: The ‘donor-to-drug’ journey

Every day, thousands of Indonesians donate blood and plasma, often unaware of the complex scientific and safety-driven processes that transform a single donation into life-saving therapies. As Indonesia advances toward domestic production of plasma-derived medicines, the “donor-to-drug” journey is becoming increasingly relevant for patients, healthcare professionals, policymakers and the wider public.

2 months ago
Tech premium

Indonesia logs $1b food delivery growth, region’s highest

Up 18 percent in a year, Indonesia’s US$1 billion gross merchandise value (GMV) growth is the highest in the region.

2 months ago
Markets

Dollar reels near four-year low after blow from Trump comments

As investors have grown increasingly nervous about their exposure to US assets, other currencies and gold have shot up in the past couple of weeks.

2 months ago
Regulations premium

MRT Jakarta subsidy to rise in revised budget, fares unchanged

The Public Service Obligation (PSO) subsidy for MRT Jakarta in the 2026 regional budget (APBD), which had been cut to Rp 536.7 billion (US$32.11 million), is to be increased to approximately Rp 700 billion, according to MRT president director Tuhiyat.

2 months ago
Markets premium

IDX Composite index nosedives at open

The Indonesia Stock Exchange (IDX) Composite index nosedived as trading opened on Wednesday following an evaluation by Morgan Stanley Capital International (MSCI) that flags Indonesian stocks.

2 months ago
Economy

Trump says 'we'll work something out with South Korea' after tariff threat

President Donald Trump on Tuesday said the United States and South Korea will work out a solution when asked about his surprise Monday announcement that he would increase tariffs on imports from the Asian ally to 25 percent.

2 months ago
Regulations premium

BYD, VinFast to start local EV production in March, govt says

Failure to meet those commitments allows the government to draw down bank guarantees posted by the companies as penalties.

2 months ago
Economy premium

BI appointee Tommy suggests pro-growth stance in monetary policy

Incoming Bank Indonesia (BI) deputy governor Thomas “Tommy” Djiwandono has suggested ending the so-called burden-sharing scheme between the government and the central bank but wants to harmonize fiscal and monetary policies in other ways to push economic growth.

2 months ago
Companies premium

Bakrie Group’s energy arm EMP strikes new oil in Malacca Strait

The new oil deposit, discovered off Riau by EMP's subsidiary Imbang Tata Alam, estimates an OOIP of 31 million barrels for a potential production increase by up to 1,500 barrels of oil per day.

2 months ago
Companies

China's Anta Sports to become top Puma shareholder for $1.8 billion

Chinese athletic goods giant Anta Sports will buy a controlling stake in historic German sportswear brand Puma for US$1.79 billion, a stock exchange filing showed Tuesday, as it expands its international presence.

2 months ago
Regulations

Danantara to manage land seized from 28 firms linked to Sumatra floods

PT North Sumatra Hydro Energy (NSHE), which runs the Batangtoru hydropower facility, is among the 28 firms whose permits were revoked after the floods. The company is controlled by China's state-run SDIC Power Holdings Co. Ltd.

2 months ago
Markets premium

How coal production cuts affect Indonesia’s economy

The coal sector to come under further pressure this year, as the correction in coal prices is likely to continue in line with a deeper decline in Indonesia’s coal production.

2 months ago
Companies

PT SMI and its growing impact on Indonesia’s economy

Indonesia continues to face a persistent development financing gap, particularly amid rising infrastructure needs. Addressing this challenge requires innovative and sustainable funding sources to ensure the smooth implementation of national development priorities.

2 months ago
Economy

German firms' investments in China boomed in 2025 on US trade war worries

German companies' investments in China hit a four-year high in 2025, according to data compiled for Reuters, underscoring how US President Donald Trump's trade war is pushing industries and governments to boost business ties elsewhere.

2 months ago
Companies premium

Local steel firm Tata Metal breaks ground on Rp 1.5t expansion

The new unit will produce 250,000 tonnes of coated steel per year, adding to the company’s existing output of 500,000 tonnes.

2 months ago
Markets

Stocks up as earnings hopes offset Trump's Korea tariff move, dollar wobbles

Asian shares advanced on Tuesday as investors hoped for the best from a barrage of US mega-cap earnings, though uncertainty caused by President Donald Trump’s latest tariff moves on South Korea limited broader gains while boosting gold and silver.

2 months ago
Economy premium

Thomas Djiwandono secures BI deputy governor post

President Prabowo Subianto nominated Thomas, his nephew, on Jan. 19 to replace former deputy BI governor Juda Agung, who resigned with immediate effect on Jan. 13, according to BI.

2 months ago
Regulations premium

Shell, BP to receive fuel import quotas every six months this year

As private fuel retailers began seeing their annual stocks run low last August, the government refused to issue additional quotas and instead urged them to buy imported base fuel from Pertamina. 

2 months ago
Economy premium

IKN Authority, UAE firm ink Rp 4t deal for new project in new capital

In the first such large commitment for months, the IKN Authority has secured a commitment of nearly US$240 million from the Emirati real estate giant to build a mixed-use development in the future capital.

2 months ago
Companies premium

Ultra Milk spends Rp 1t in new facility to meet free meal demands

Milk is a key component of President Prabowo Subianto’s free nutritious meal program, as promised during his presidential campaign, despite Indonesia’s limited domestic capacity to meet a significant surge in demand.

2 months ago
Markets

Yen surges as intervention risks lurk, gold surpasses $5,000

Gold surged past US$5,000 per ounce early on Monday following a turbulent week where tensions over Greenland and Iran rattled sentiment, while markets remained on tenterhooks after a rout in bonds and violent spikes in the yen.

2 months ago
Regulations premium

Plan to build subsidized apartments in Meikarta raises doubts

The Public Housing and Settlements Ministry plans to transform parts of the long-stalled Meikarta project in Bekasi, West Java, into a subsidized apartment complex (Rusun) to provide affordable homes in urban areas for low-income earners.  

2 months ago
Regulations premium

Indonesia cuts live cattle price cap after beef traders’ strike

Beef prices in Indonesia usually climb ahead of Idul Fitri, which is expected to fall on March 21 this year, as seasonal demand rises during Ramadan and the festive period.

2 months ago
Economy

Trump threatens Canada with 100% tariff if it completes China trade deal

US President Donald Trump on Saturday warned Canada that if it concludes a trade deal with China, he will impose a 100 percent tariff on all goods coming over the border.

2 months ago
Economy

US business activity steady in January; consumer sentiment improves

US business activity was steady in January as an improvement in new orders was offset by a lackluster labor market and lingering concerns among firms over higher costs because of import tariffs, a survey showed on Friday.

2 months ago
Regulations premium

E-commerce sellers wait for tighter rules on platform fees

E-commerce sellers say restrictions on platform fees under a planned new regulation would help them manage pricing more efficiently.

2 months ago
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Today's ePost

Thu, April 2, 2026

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