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Jakarta Post
Economy premium

Prabowo’s ‘Indonesia Incorporated’ vision faces test of market trust

While the government’s call for unity resonates, experts and business leaders caution that the state-centric approach may stifle market forces unless accompanied by reforms to lower economic costs and strengthen the rule of law.

3 months ago
Companies

Why Hong Kong Should Be Your Next Business Destination

Hong Kong and Indonesia, as key players in Asia, exemplify internationalism and openness, leveraging their unique strengths—Indonesia as ASEAN's largest economy and Hong Kong as gateway to Chinese Mainland and global markets —to foster greater economic complementarity and synergy. ...

3 months ago
Markets premium

BI pauses after three consecutive rate cuts, but open to more

Bank Indonesia has kept its benchmark interest rate in place after decreasing it by 25 basis points (bps) in each of the past three months, but the central bank is open for further cuts to encourage lending and push economic growth to its true potential. ...

3 months ago

The Latest

Companies premium

Govt lowers airfares by up to 14 percent for year-end holidays

The price reduction will apply to economy class domestic flights for travel between Dec. 22 and Jan. 10, 2026, with the discounted tickets available for booking from Oct. 22 to Jan. 10, 2026.  

3 months ago
Regulations

EU eases deforestation law for smallholders but keeps 2025 start

The European Commission proposed a further softening of the EU anti-deforestation law on Tuesday, relieving the reporting burden for many smallholders and businesses in select countries but stepping back from delaying the world-first green policy by another year.

3 months ago
Regulations premium

Govt prepares 1 million hectares for ethanol feedstock

Ethanol can be produced from sugarcane, cassava or corn. Agriculture Minister Amran Sulaiman said preparing 1 million hectares of agricultural lands to cultivate the commodities was a directive from President Prabowo Subianto.  

3 months ago
Markets

Shares dip, gold retreats as FOMO buying gets reality check

Global shares slipped on Wednesday and gold pulled back sharply from a blistering rally, as stretched valuations came under scrutiny and investors booked profits.

3 months ago
Economy premium

National oil lifting tops budget target at 619,000 bpd

Oil lifting has surpassed the target started in the state budget for the first time since 2008, Energy Minister Bahlil Lahadalia announced, citing rising production and new measures to legalize tens of thousands of community-run oil wells.

3 months ago
Regulations premium

Doubts over Bali’s readiness to become a financial hub

The government has set its sights on turning Bali into a global financial hub as it seeks to move forward with the family office plan thought up by the previous presidential administration, but there are doubts as to whether the resort island is cut out for such a role.  

3 months ago
Economy premium

Indonesia to build ‘national car’ within three years: Prabowo

The President envisions all top-level government officials switching to domestically produced cars to foster national pride, support the local automotive industry and reduce dependence on imported vehicles.

3 months ago
Companies premium

Tempo Scan Group founder Kartini Muljadi passes away at 95

One of Indonesia's wealthiest businesswomen, Kartini Muljadi, passed away on Monday evening.

3 months ago
Economy premium

Navigating the storm in the multi-finance industry

Amid the slowdown in financing growth this year, the multifinance industry needs to find new strategies that can adapt and innovate with current conditions to stay both competitive and relevant.

3 months ago
Markets

Australia rare earths deal is a start but won't shake China dominance any time soon

The White House said US investments into Australia would unlock deposits of critical minerals worth $53 billion, without offering many details.

3 months ago
Companies premium

BCA readies Rp 5 trillion share buyback to stabilize stock price

The buyback, set to run from Oct. 22 to Jan. 19, 2026, comes as the company announced its third-quarter performance on Monday.

3 months ago
Economy premium

Whoosh success about more than financial balance, says China

The Chinese government has made a statement regarding the debt of the Jakarta-Bandung high-speed rail (HSR) service Whoosh, saying its benefits go beyond key financials.

3 months ago
Economy

LPEI business forum highlights BRICS market strategy for local exporters

Reaffirming its support for local businesses looking to expand into the global market, Indonesia Eximbank/Indonesian Export Financing Agency (LPEI) recently organized a business forum on how to enter the BRICS market.

3 months ago
Tech premium

High costs, risks for Danantara in carbon capture projects

The state asset fund faces significant financial risks and must exercise caution as it considers carbon capture and storage (CCS) projects, as the current carbon price offers a negligible incentive against costs that can be 50 times higher, a leading energy analyst warned.

3 months ago
Companies premium

‘New business culture’ needed as govt plans to cut number of SOEs

Danantara CEO Rosan Roeslani’s consolidation drive to reduce the number of SOEs from more than 1,000 to just over 200 will only succeed if accompanied by transparent governance, political will and an overdue reset in the business culture at state firms, economists say.

3 months ago
Markets

Java-loving New York confronts soaring coffee costs

Climate shocks drove the cost of arabica soaring, with the beans hitting an all-time high in February 2025. That has been compounded by elevated transport costs and the 50 percent tariffs imposed by President Donald Trump since August 6 on many products from Brazil.

3 months ago
Regulations premium

Finance Ministry looks into high regional government savings

The Finance Ministry is investigating the accumulating savings of regional administrations that it sees as contradicting regional leaders’ recent complaints about reduced central government transfers.

3 months ago
Regulations

China's key trade negotiator removed from WTO post

Li, during a visit to Washington in August, had allegedly threatened that "China would unleash chaos on the global system if the US went ahead with our docking fees for Chinese ships", Bessent said in an interview with media outlet CNBC on Wednesday.

3 months ago
Companies premium

Upgraded Balikpapan refinery to begin operations next month

The upgraded facility will boost Balikpapan’s processing capacity to around 360,000 barrels per day (bpd), overtaking the Cilacap refinery as the country’s largest.

3 months ago
Economy

Prabowo says billions of dollars lost to illegal tin mining every year

The President ordered authorities to step up enforcement earlier this month in islands rich in the metal used in everything from electronics to making glass.

3 months ago
Economy

China's Q3 GDP growth slows to one-year low in test of long-term policy plans

China's economic growth slowed to the weakest pace in a year in the third quarter, as a property crisis and trade tensions hurt demand, leaving policymakers with the daunting challenge of rebalancing GDP drivers towards greater consumption over time.

3 months ago
Economy premium

8% growth remains pipe dream as Prabowo begins second year

The government must zero in on strengthening manufacturing, cutting logistics costs, ensuring legal certainty and preserving fiscal credibility if it wants to turn the President's 8 percent growth dream into reality, experts say, and perhaps kill the free meals program..

3 months ago
Regulations premium

Prabowo pushes greater state role to fuel his growth dream

Through policy decrees and institutional restructuring, Prabowo has tightened the state’s authority over fiscal resources and assets, as evident in his push for a more active role for state-owned enterprises (SOEs) in key industries and top-down approach to welfare.

3 months ago
Companies

Nintendo, Capcom stepping up efforts to bring game worlds to big screen

The move comes after the 2023 release of The Super Mario Bros. Movie, co-produced with major United States animation studio Illumination, boosted sales of games in the franchise after becoming a record-breaking global hit.

3 months ago
Regulations premium

Govt rolls out year's fourth stimulus package totaling Rp 30 trillion

The government is rolling out another stimulus package worth Rp 30 trillion for the fourth quarter, primarily focusing on cash transfers and graduate internships.

3 months ago
Economy

Global film industry shrugs off renewed Trump movie tariff threat

Star Wars: Starfighter is filming in Britain, soundstages in Hungary are packed and post-production houses in Australia are humming, as the global film industry keeps rolling despite US President Donald Trump’s renewed threats to impose tariffs on movies made outside of the United States.

3 months ago
Companies

Boeing wins FAA approval to hike 737 MAX production

Increasing deliveries of the popular single-aisle airplane is critical to restoring Boeing's financial stability, following years of production disruptions and crises that have left it deep in debt and losing money as planemakers receive the bulk of a customer's payment when they hand over an airplane.

3 months ago
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Today's ePost

Mon, February 16, 2026

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