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Jakarta Post
Economy

Trump readies order for steep tariffs on goods from Mexico, Canada, China

US President Donald Trump is expected to sign an order on Saturday imposing hefty new tariffs of 25 percent on goods from Mexico and Canada and 10 percent on imports from China, potentially disrupting more than US$2.1 trillion worth of annual trade.

3 months ago
Tech

Nvidia CEO meets Trump amid AI trade tensions

Trump said he would be putting tariffs on imports of computer chips to the United States, which will punish Nvidia's business that depends on imported components, mainly from Taiwan. ...

3 months ago
Economy premium

US backs out from JETP leadership role

The United States has backed out from its role as a co-leader alongside Japan in an international effort to help finance Indonesia’s energy transition, with Germany reportedly stepping into the breach. ...

3 months ago

The Latest

Economy premium

Investment jumps 20.8% in 2024 as businesses gain confidence post election

Total investment grew by 20.8 percent to Rp 1.7 quadrillion (US$105 billion) last year compared to the previous year.

3 months ago
Markets premium

Pertamina debuts new low-sulfur product Diesel X

Pertamina has launched Diesel X, a low-sulfur vehicle fuel claimed to be relatively environmentally friendly and efficient.

3 months ago
Economy

World awaits Trump tariff deadline on Canada, Mexico and China

With less than 24 hours before President Donald Trump's deadline to impose sweeping tariffs on the three biggest US trading partners -- Canada, Mexico and China -- the global economy is bracing for impact.

3 months ago
Companies premium

Freeport expects green light for copper concentrate exports in Q1

The US mining giant says it expects to soon get final export approval for local subsidiary Freeport Indonesia, after a fire last October prompted the company to close operations and file an extension request.

3 months ago
Economy

Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar

President Donald Trump on Thursday warned off BRICS member countries from replacing the US dollar as a reserve currency by repeating a 100 percent-tariffs threat he had made weeks after winning the November presidential elections.

3 months ago
Markets

Asia stocks ease; gold hits record as US tariff threat lingers

Asian shares wavered on Friday, weighed down by the return of tech-heavy South Korean stocks from holidays, but relatively strong earnings from US tech giants kept risk sentiment intact while tariff threats pushed the dollar and gold prices higher.

3 months ago
Economy premium

Indonesia launches new credit scheme for labor-intensive industries

At the BRI Microfinance Outlook 2025 on Thursday in Jakarta, the senior economic minister launched a new credit scheme that carries a 5% interest subsidy rate to help labor-intensive industries.

3 months ago
Economy

Consumers at the heart of the ASEAN opportunity

Businesses looking to grow would do well to look toward the major markets in Southeast Asia.

3 months ago
Regulations premium

Businesses decry new tax system as filing deadline nears

Fully implemented at the turn of the year, Coretax is a new tax administration system that is meant to tame Indonesia’s notoriously complicated taxation jungle, which can then translate into improved compliance and increased revenue.

3 months ago
Economy premium

Govt wants exported crude oil to go to domestic refineries instead

The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, urging the government to diversify the downstream oil and gas industry in order to offset potential revenue losses from reduced exports.

3 months ago
Companies

Sony names new CEO in management reshuffle

It also announced "changes to its management structure to clarify management roles according to their responsibilities for the management of the entire group or of each business".

3 months ago
Markets premium

Cassava farmers decrease output as imports bite farm prices

An increase in imported cassava and tapioca has contributed to a fall in prices and a corresponding decline in domestic production of the root vegetable for at least 15 years, most noticeably in Lampung, a growing issue that the government is yet to tackle.

3 months ago
Regulations premium

Transportation authorities on alert after Chinese New Year floods

Extreme rain with lightning and strong winds on Tuesday and Wednesday disrupted flights at Soekarno-Hatta International Airport in Tangerang, Banten, with authorities diverting at least 23 flights to other airports for safety reasons. 

3 months ago
Economy premium

Indonesia, India ink six MoUs to boost trade, investment

The CEO Forum held during the President's New Delhi visit produced several partnerships between Indonesian and Indian businesses across a variety of sectors, including pharmaceuticals and communications technology, to kick off new momentum in bilateral relations.

3 months ago
Companies

OH!SOME capitalizes higher engagement through strategic IP collaboration with Disney

As demand grows for diverse and innovative products, intellectual property (IP) collaboration between brands has become a crucial strategy for enhancing market competitiveness.

3 months ago
Companies

Meta agrees to pay Trump $25 million to settle account ban lawsuit

According to people familiar with the agreement, the $22 million of the payment will go towards funding Trump's future presidential library, with the remainder covering legal fees and payments to other plaintiffs in the case. 

3 months ago
Markets

Asian markets diverge in thin trade, with AI impact in focus

Asian equities were mixed in another holiday-thinned trading day Thursday, with investors digesting broadly positive tech earnings that came days after the upheaval caused by China's DeepSeek explosion onto the global AI scene.

3 months ago
Regulations

Fed leaves rates unchanged, sees no hurry to cut again

Emerging from their first policy meeting during President Donald Trump's second term in the White House, Powell said Fed officials are "waiting to see what policies are enacted" before judging the effects on inflation, employment and overall economic activity.

3 months ago
Regulations premium

Political resistance, poor planning cloud Danantara’s future

Experts warned that prolonged setbacks could erode foreign investors' confidence in the country's SOEs governance.

3 months ago
Economy

US Fed expected to hold rate steady despite Trump pressure to cut

After three interest rate cuts in a row, the US Federal Reserve is expected to take a breather on Wednesday and signal it will remain on pause until the data changes, despite pressure to cut from President Donald Trump.

3 months ago
Tech

Alibaba releases AI model it claims surpasses DeepSeek-V3

Chinese tech company Alibaba on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed DeepSeek-V3.

3 months ago
Companies premium

Agrifood giant Japfa to delist from SGX in pursuit of ‘flexibility’

Japfa Comfeed Indonesia's parent company has disclosed a privatization plan that involves the Santosa family acquiring 100 percent shares and delisting from the SGX, with Japfa Ltd. making reassurances that this would not affect its Indonesian subsidiary's management or operation.

3 months ago
Companies premium

Nutrition agency mulls insects as protein source for free meals program

Variety in local food ingredients is key to running the free meals program, given the agency’s main focus on ensuring fulfillment of nutritional standards and not on delivering one type of menu to all recipients across the country. 

3 months ago
Markets

Tech shares struggle to regain footing after epic DeepSeek mauling

A nascent recovery in technology shares faltered on Tuesday and AI chip leader Nvidia struggled to rise from a record-breaking wipeout sparked by a low-cost Chinese artificial intelligence model that threatens the dominance of US rivals.

3 months ago
Regulations

Trump's copper, aluminium tariffs may raise costs for US consumers

Freeport-McMoRan CEO Kathleen Quirk said last week that the miner would not be affected by any copper tariffs as they sell all their US copper domestically and their Indonesian metal goes to Asia. But she worried about any potential inflationary effects of copper tariffs.

3 months ago
Companies premium

RI breaks ground on Rp 1.2 trillion tin-processing facilities in Batam

Indonesia has commenced the construction of tin-processing facilities in Batam, Riau Islands, that cost Rp 1.2 trillion (US$73.9 million) to build and start up.

3 months ago
Companies

Trump says Microsoft in discussions to acquire TikTok

US President Donald Trump said Monday that Microsoft is in talks to acquire TikTok, while the app's future in the country faces uncertainty.

3 months ago
Page: 24

Today's ePost

Mon, May 26, 2025

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