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Jakarta Post
Economy

India's Modi seeks closer ties on Asia tour to offset fallout from US tariffs

Indian Prime Minister Narendra Modi heads overseas on Thursday to meet the leaders of China, Japan and Russia, seeking to build closer diplomatic ties as New Delhi battles fallout from US President Donald Trump's escalating tariff offensive.

2 months ago
Companies premium

Vale oil spill puts hundreds of hectares of farmland at risk

Officials estimate that at least 50 hectares of rice fields in South Sulawesi have been damaged and hundreds of ha may be impacted without prompt remediation. ...

2 months ago
Companies premium

Danantara joins Vale, GEM for $1.42b nickel project

Chinese GEM already operates a nickel processing facility in Morowali, Central Sulawesi, through a joint venture with China’s Tsingshan and CATL’s Brunp, South Korea’s Ecopro and Japan’s Hanwa. ...

2 months ago

The Latest

Companies premium

RI 'needs' over 600 new aircraft soon to revamp aging fleet: Boeing outlook

According to Boeing's 2025 outlook, Indonesia will need over 600 aircraft to revamp its aging fleet and increase capacity to match its regional peers in competitiveness.

2 months ago
Companies

AI giant Nvidia beats earnings expectations but shares fall

AI powerhouse Nvidia reported quarterly earnings Wednesday that beat expectations, but shares slipped amid concerns about an AI chip spending bubble and the company's stalled business in China.

2 months ago
Economy premium

Patriot bond issuance sparks concerns

Several conglomerates have publicly voiced support for the privately placed bond, which is reportedly oversubscribed ahead of the launch.  

2 months ago
Tech premium

Research funding gap hampers Indonesia’s rare earth ambition

A lack of research and development spending complicates a government push to develop the economic potential of Indonesia’s rare earth elements, a member of the National Energy Council (DEN) has said.

2 months ago
Economy

US tariffs on Indian goods double to 50% over Russian oil purchases

Trump has raised pressure on India over the energy transactions, a key source of revenue for Moscow's war in Ukraine, as part of a campaign to end the conflict.

2 months ago
Economy premium

Govt raises rice price cap despite increased stock

The Rice and Grain Milling Entrepreneurs Association (Perpadi) welcomed the move, as rising production costs had made it difficult for mills to operate under the previous price cap.

2 months ago
Economy

Bessent says US tariff revenue could be well over $500 billion a year

US Treasury Secretary Scott Bessent said on Tuesday that customs duty revenues from President Donald Trump's tariffs may top US$500 billion a year, with a substantial jump from July to August and likely a bigger jump in September.

2 months ago
Tech

Digital payments in Indonesia: A Cultural shift

QRIS transaction volume had risen by 163 percent year-on-year (yoy) in July, while BI-FAST handled 414.6 million transactions, up 38 percent yoy, with a total value of Rp 1 quadrillion.

2 months ago
Regulations premium

Govt opts not to extend EV import incentives next year

The existing incentives consist of exemptions from import duties and luxury taxes for completely built-up battery electric vehicles (BEVs).

2 months ago
Regulations premium

Revamp of local content rules riles businesses

A plan to cut local content requirements for goods made by foreign suppliers rather than in-house could dent investment as the country aims to woo foreign capital, businesses say.  

2 months ago
Economy

US agrees tariff exemption for RI's palm oil, cocoa, rubber, senior minister says

The exemption will take effect once both sides reach a final pact, but no timeline was set as the US was busy in tariff talks with other countries.

2 months ago
Economy premium

Danantara to raise Rp 50 trillion through low-coupon ‘patriot bonds’

Danantara Indonesia plans to raise Rp 50 trillion through so-called patriot bonds to fund waste-to-energy facilities and strategic projects in what the government bills as a move to boost public-private collaboration for long-term national development.

2 months ago
Regulations

White House wants more deals like Intel's, worrying business community

US President Donald Trump said he wants to make more investments in healthy US companies on Monday. Whether Corporate America is on board is another story.

2 months ago
Regulations

Trump threatens more tariffs for countries with digital taxes

Sources said earlier that the Trump administration was considering imposing sanctions on European Union or member state officials responsible for implementing the bloc's landmark Digital Services Act.

2 months ago
Markets

Trump moves to fire a Fed governor over mortgage fraud claims

US President Donald Trump moved to fire Federal Reserve Governor Lisa Cook "effective immediately" on Monday, citing allegations of false statements on her mortgage agreements -- as he expanded pressure on the independent central bank.

2 months ago
Tech premium

QRIS to pilot in China next month as expansion continues

Bank Indonesia is set to pilot its Quick Response Indonesia Standard (QRIS) system in China next month, following its recent Japan launch that marked the payment system’s first expansion beyond ASEAN.

2 months ago
Regulations premium

New agency to assert state control over minerals vital for defense

President Prabowo Subianto on Monday inaugurated a slate of officials to lead two newly established agencies, a move seen as central to his administration's economic and infrastructure agenda.

2 months ago
Markets premium

Govt eases coal and mineral pricing rules after market backlash

However, royalties and taxes will still be calculated using the government’s coal benchmark price (HPB) and mineral benchmark price (HPM).

2 months ago
Economy premium

Textile industry, govt at odds over rising yarn imports

The Indonesian Filament Yarn Producers Association (APSyFI) accused the government of bowing to “import mafia” interests at the expense of local producers of similar goods who are struggling to survive.

2 months ago
Regulations

US probes more than 1.4 million Honda vehicles over engine failure

In a letter dated August 20, the regulator said it received 414 reports of the issue in various Honda and Acura vehicles' 3.5-liter V6 engine.

2 months ago
Companies premium

Life insurers record higher revenue in first half as claims decline

Indonesia’s life insurance industry posted higher revenue in this year’s first half as premium collection increased while claims declined.

2 months ago
Tech

Stronger security needed to strengthen Indonesia’s digital economy

Massive transformation and digitalization of banking services requires the strengthening of information security and consumer protection to withstand the high potential of cyberattacks.

2 months ago
Economy

China coal power surges even as renewables hit record high

Coal accounts for around half of China's power generation, down from three-quarters in 2016.

2 months ago
Regulations

World's central bankers fear being caught in Fed's storm

Global central bankers gathered at a US mountain resort over the weekend are starting to fear that the political storm surrounding the Federal Reserve may engulf them too.

2 months ago
Economy

Indonesia urges EU to remove countervailing duty on biodiesel after WTO ruling

The Trade Ministry on Monday urged the European Union to immediately remove countervailing duties on biodiesel imports, after the World Trade Organization backed the Southeast Asian country on several key claims in a complaint to the trade body.

2 months ago
Regulations premium

Prabowo banks on Danantara to balance budget

President Prabowo Subianto has suggested that Daya Anagata Nusantara (Danantara) will play a big role in his short-term plan to balance the budget, but critics say that runs counter to the state asset fund’s design.

2 months ago
Economy

India's Modi dangles tax cuts as US tariffs loom

Indian Prime Minister Narendra Modi's push to slash consumption taxes on everyday goods could deliver billions of dollars in annual relief and boost demand in an economy bracing for painful US tariffs, experts say.

2 months ago
Page: 15

Today's ePost

Sat, November 8, 2025

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