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Jakarta Post
Economy premium

Construction begins on 541-kilometer gas pipeline in Sumatra

The pipeline will link gas sources in Java and Sumatra to key industrial zones across Aceh, North Sumatra and Riau, and is scheduled for completion by the end of 2027.

6 days ago
Economy

US consumer inflation cools unexpectedly in November

US consumer inflation slowed unexpectedly in November, delayed government data showed Thursday, although levels remained higher than earlier in the year before President Donald Trump's tariffs flowed through the economy. ...

6 days ago
Regulations premium

Proposed minimum wage hike rattles employers, falls short for unions

Under the new formula, provincial minimum wages would rise by between 5.3 percent and 7.3 percent, an increase employers deem too steep. ...

6 days ago

The Latest

Economy

Investor Ray Dalio to help fund 'Trump accounts'

They join tech boss Michael Dell and his wife Susan in contributing to the so-called "Trump accounts," part of the "One Big Beautiful Bill" that the Republican president pushed through Congress in July.

1 week ago
Companies premium

IDX halts Toba Pulp Lestari trading after permit suspension

The Indonesia Stock Exchange (IDX) has temporarily suspended trading in the shares of pulp producer PT Toba Pulp Lestari (INRU) following a government-ordered halt to its operations. 

1 week ago
Economy premium

Six downstream projects set for January groundbreaking: Danantara

Some of the projects set to commence include a US$24 billion aluminium smelter, refinery facilities for bio-aviation fuel in Central Java and a bioethanol facility in East Java.

1 week ago
Tech

How China built its ‘Manhattan Project’ to rival the West in AI chips

In a high-security Shenzhen laboratory, Chinese scientists have built what Washington has spent years trying to prevent: a prototype of a machine capable of producing the cutting-edge semiconductor chips that power artificial intelligence, smartphones and weapons central to Western military dominance.

1 week ago
Companies

New perspectives on power: NUS launches master in South Asian geopolitics

With the world’s attention turning increasingly toward South Asia, the National University of Singapore (NUS) has launched a new master’s programme that studies a region at the centre of global conversation.

1 week ago
Markets

Tech jitters dent stocks before central banks take center stage

Asian shares fell on Thursday as the tech sector took a beating on renewed angst about AI spending, while investors braced for a wave of central bank meetings set to underscore policy divergence worldwide.

1 week ago
Markets premium

TOD push lifts retail prospects along Jakarta's MRT corridors

A continued push for transit-oriented development (TOD) is reshaping Jakarta’s property landscape, helping retail outlets along MRT corridors and producing new growth hot spots.

1 week ago
Regulations premium

BI keeps benchmark interest rate unchanged despite Fed cut

Bank Indonesia has kept the BI Rate unchanged in its final policy meeting of 2025 after having cut the benchmark interest rate five times throughout the year.

1 week ago
Companies premium

Sarawak plans Air Borneo launch, eyes direct links to Nusantara

The IKN Authority announced that Nusantara International Airport is in the process of changing its status from a special-purpose airport to a public airport, a necessary step to serve commercial flights.

1 week ago
Economy premium

Govt wants Bantargebang landfill cleared in 2 years in waste-to-energy push

The government has set a two-year deadline to clear the massive Bantargebang landfill in Bekasi, West Java, leveraging the accelerated waste-to-energy program.

1 week ago
Regulations premium

Govt rolls out minimum wage rule late, drawing union ire

Provincial leaders must then determine the size of next year’s minimum wage increase no later than Dec. 24

1 week ago
Regulations premium

Nickel groups push back over ‘unfair’ illegal mining fines

Two nickel associations have formally objected to a potential fine of nearly $400,000 per hectare per year under a new ministerial decree targeting mining activities in forest areas, saying it could lead to industry-wide inequality.

1 week ago
Tech

US threatens countermeasures on European service providers after EU fines

President Donald Trump's administration warned on Tuesday the United States could impose fees or restrictions on European service providers in response to what it called “discriminatory” actions against US firms.

1 week ago
Economy premium

Revenue slump pushes budget deficit near 3% limit

Finance Minister Purbaya Yudhi Sadewa has acknowledged high pressure on the state budget and said the government’s 2025 deficit target may be missed but vowed that the figure would remain below the legal cap at 3 percent of GDP.

1 week ago
Regulations

How effective is 2025 VAT incentive for housing sector?

A comparative look at the government's VAT incentive policy for 2021 and 2025 shows that its effectiveness is highly dependent on contemporaneous economic conditions, thereby indicating the need for an integrated policy approach that also considers installment affordability, not just property prices.

1 week ago
Companies

Four independent smallholder groups in SMILE program attain RSPO certification

Four independent smallholder (ISH) groups under the SMILE (Smallholder Inclusion for better Livelihood & Empowerment) program have been certified by the Roundtable on Sustainable Palm Oil (RSPO). This program is a joint initiative that was launched by Asian Agri, Apical, and Kao Corporation in 2020.

1 week ago
Economy premium

Indonesia sends first direct shipment of frozen durian to China

Until now, Chinese consumers have largely relied on supplies from neighboring countries such as Malaysia, Thailand, Vietnam and the Philippines.

1 week ago
Economy premium

RI seeks trade pact with Mexico to avert planned tariffs

Trade Minister Budi Santoso says he is working to secure a bilateral trade agreement to exempt Indonesia from Mexico's planned tariffs. The move follows reports that Mexico intends to impose duties of up to 50 percent on imports from several Asian countries, including Indonesia, starting in 2026.

1 week ago
Markets

Stocks slide as investors on edge ahead of data, central bank meetings

Asian stocks tumbled while the dollar drifted near two-month lows on Tuesday as investors adopted a cautious approach ahead of a slate of US data, including the jobs report, that may help gauge the trajectory for Federal Reserve policy next year.

1 week ago
Executive Column premium

Cloud, AI services to boost Indonesia’s economy, Microsoft says

Backed by a US$1.7 billion investment through 2028, Microsoft aims to build Indonesia’s digital economy by expanding cloud and AI infrastructure, strengthening the developer ecosystem and training 500,000 AI-ready talents by 2026.

1 week ago
Economy premium

OJK pushes for consolidation in market with ‘too many banks’

A consolidation push in the banking industry looks set to make small lenders targets of mergers and acquisitions as the Financial Services Authority (OJK) wants to eliminate the lowest core capital category, which currently dominates the industry.

1 week ago
Regulations premium

Govt plans to develop silica industry across 10 industrial estates

The government plans to establish 10 industrial estates that will function as the main building blocks for developing the downstream silica industry over the next 20 years.

1 week ago
Companies

MR. D.I.Y Indonesia marks 1,200th store opening as the fastest expanding retailer

PT Daya Intiguna Yasa Tbk, better known as MR. D.I.Y Indonesia, has achieved another historic milestone in inaugurating its 1,200th store with a new outlet in Sumbawa, West Nusa Tenggara, underscoring the company’s strong commitment to national expansion beyond Java to various regions with increasing economic growth potential.

1 week ago
Companies premium

Danantara buys Mecca hotel, land assets amid Haj Village push

Under the agreement, both Danantara and Thakher Development will acquire the Novotel Makkah Thakher City, a 1,461-room hotel, along with 14 land plots spanning roughly 4.4 hectares earmarked for future development.

1 week ago
Regulations premium

Unlocking the full value of green power in Indonesia

Through a structured policy approach to monetizing its nearly limitless renewable potential, Indonesia has the resources necessary to become ASEAN's green energy powerhouse.

1 week ago
Regulations premium

Canceled Cirebon-1 shutdown raises questions for JETP

The collapse of the deal to retire the Cirebon-1 coal-fired power plant early has left Indonesia’s landmark Just Energy Transition Partnership (JETP) searching for a new direction, with experts highlighting slow disbursement and a mismatch in funding priorities.

1 week ago
Companies

In a slowing economy, SMEs must modernize

Rising costs, fragile supply chains and cooling demand are forcing businesses in Asia Pacific to rethink their future strategies.

1 week ago

Today's ePost

Wed, December 24, 2025

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