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Jakarta Post
Economy premium

Govt to require exporters to keep 100% earnings onshore for a year

President Prabowo Subianto has “greenlit” the new arrangements and the government will soon introduce an implementing regulation, Airlangga said.

4 months ago
Companies premium

After Bank Victoria Syariah deal, BTN open for more Islamic bank acquisitions

Bank Tabungan Negara (BTN) has announced plans to grow further in the Islamic banking industry following its recent acquisition of Bank Victoria Syariah (BVS). ...

4 months ago
Economy premium

Govt considers additional funding for free meals program

The government is considering seeking additional funding to achieve this year’s full recipient target for President Prabowo Subianto’s flagship free nutritious meals program amid struggles to cover ballooning costs. ...

4 months ago

The Latest

Regulations premium

Govt pitches RI for factories relocating from China to evade US tariffs

Deputy Industry Minister Faisol Riza said Trump’s tariff policies were likely to push Chinese businesses to shift operations to Southeast Asia to maintain access to the United States market.

4 months ago
Markets premium

Prabowo vows no more fuel imports by end of his presidency

At Monday's ceremony to inaugurate 37 electricity projects in Sumedang, West Java, the President doubled down on his promise to end fuel imports as part of his administration's food and energy self-sufficiency drive.

4 months ago
Regulations premium

Qatari firm to invest up to $20 billion in 1 million housing units: Hashim

Coming from a Qatari private entity, the investment is estimated at US$16,000 to $20,000 per apartment unit.

4 months ago
Economy

Hong Kong and Indonesia strengthen ties, expand megalopolis of the East

To promote business collaboration and bilateral cooperation between the Hong Kong Special Administrative Region (HKSAR) and Indonesia, Mr Paul Chan, Financial Secretary of the HKSAR, visited Indonesia from January 8 – 10.  Jakarta Post had an exclusive interview with him.

4 months ago
Economy

The global forces sending coffee prices skyward

While the current hot streak may calm down in the coming months, experts and industry insiders expect volatility will remain the watchword, giving little visibility for producers -- two-thirds of whom farm parcels of less than one hectare (2.5 acres).

4 months ago
Tech premium

ASEAN expands AI guide to address deepfakes, other risks

The guide encourages the economic bloc’s member states to adopt its recommendations voluntarily, which serve as a useful starting point for alignment among ASEAN countries, the report noted

4 months ago
Markets premium

RI victory in CPO case at WTO may mean little in practice

The ruling could still be appealed, but with the WTO’s appellate body being inactive since 2019, it raises concerns about enforcement, potentially rendering the ruling irrelevant for Indonesia.

4 months ago
Tech premium

Expensive carbon capture and storage technology remains challenging: PLN

PLN says high costs remain a challenge for the state-owned electricity company’s efforts to slash emissions from its coal-fired power plants through the use of carbon capture and storage (CCS) technology.

4 months ago
Companies premium

BTN to acquire Bank Victoria Syariah to spin off its sharia unit

According to Financial Services Authority (OJK) regulation, sharia banking units with assets exceeding Rp 50 trillion (US$3.04 billion) must either spin off into separate entities or merge their assets with other sharia banks within two years of crossing the threshold.

4 months ago
Economy premium

World Bank, IMF expect RI economy to grow 5.1% this year

The International Monetary Fund (IMF) and the World Bank have both kept their projections for Indonesia’s 2025 gross domestic product (GDP) growth unchanged while flagging long-term challenges for emerging economies.

4 months ago
Regulations

Indonesia launches international carbon exchange

Indonesia opened its carbon exchange to international buyers on Monday, aiming to raise funds to help meet ambitious domestic climate goals.

4 months ago
Markets premium

Jakarta traders look for signals from Trump inauguration, banking reports

Traders in Jakarta are bracing for the inauguration of Donald Trump as US president on Monday and will watch closely for his day-one policies, especially for potential changes in trade and immigration policies that could impact global business and investor sentiment.

4 months ago
Markets

China, HK stocks rally as Trump-Xi call calms nerves

China and Hong Kong stocks jumped on Monday as US President-elect Donald Trump and Chinese President Xi Jinping's call eased some of the Sino-US tensions.

4 months ago
Regulations

Australia earmarks $1.2b for 'green' aluminum

Australia will reward power-guzzling aluminum smelters that use renewable electricity instead of coal, Prime Minister Anthony Albanese said Monday as he unveiled a US$1.2 billion green metals plan.

4 months ago
Economy premium

Jakarta still pursuing FTA with US under Trump

The government has said it will be pursuing a bilateral trade agreement with the United States during Donald Trump’s presidency, but whether that succeeds will depend on what Indonesia can bring to the discussion table.

4 months ago
Economy premium

Prabowo calls for 'Indonesia Inc', with private sector taking lead

The President has urged greater involvement of private companies in boosting the economy as part of "Indonesia incorporated", including in infrastructure development.

4 months ago
Economy

IMF raises global growth outlook and flags rising economic divergence

Global growth is expected to increase slightly this year while remaining stuck below its pre-pandemic average, the IMF said Friday, flagging the growing economic divide between the United States and European countries.

4 months ago
Markets

Indonesia plans to offer carbon credit certificates to foreign buyers next week

The certificates will come from emission reductions from several power projects on Java Island worth 2.48 million metric tons of carbon dioxide equivalent (CO2e), the Ministry of Environment said.

4 months ago
Regulations premium

Businesses fret over planned groundwater moratorium in Jakarta

The Jakarta branch of the Indonesian Chamber of Commerce and Industry (Kadin) said that the government’s plan to stop issuing new groundwater extraction permits to businessmen in the Greater Jakarta area is expected to badly impact businesses.

4 months ago
Regulations premium

Indonesian cities cease public transport amid funding shortage

Bali and other cities in Indonesia have either ceased or reduced their transportation services due to a lack of funding from central and local governments. 

4 months ago
Markets

IDX Composite wraps up week in green

The IDX Composite closed the week on Friday up 0.66 percent, and an MNC Sekuritas analyst says the index could strengthen further if it stays above the 6,931 support level.

4 months ago
Tech premium

Closing product marketplace will boost profitability, Bukalapak says

The country's first e-commerce unicorn is ceasing sales of physical goods to focus on digital goods and services, citing minimal revenue contribution, shift in demand and increasing competition since the company's founding almost 15 years ago.

4 months ago
Regulations premium

Govt may revoke permits of ‘unproductive’ oil and gas companies

The energy minister says the government is thinking of pulling the operating permits of oil and gas companies with idle projects to accelerate domestic output by 2030 as part of a broader strategy to reduce the country's reliance on costly imports.

4 months ago
Economy premium

Kadin congress settles Arsjad, Anindya leadership feud

Anindya is the sole candidate for the chairmanship, as Arsjad said in November that he would not seek re-election at Thursday’s congress.

4 months ago
Economy

China's economic growth surpasses forecasts on stimulus push

China's economy ended 2024 on better footing than expected helped by a flurry of stimulus measures, although the threat of a new trade war with the United States and weak domestic demand could hurt confidence in a broader recovery this year.

4 months ago
Regulations premium

BPJS raises pension age to ensure its long-term solvency

Pension age hike could result in a longer “waiting period” for workers who retired before the age of 59, delaying their access to the state-run pension program’s benefits.

4 months ago
Markets

IDX Composite gains 0.39% on positive US inflation data

The IDX Composite closed 0.39 percent higher on Thursday after better-than-expected US core inflation data and a surprise interest rate cut by Bank Indonesia.

4 months ago
Page: 27

Today's ePost

Fri, May 30, 2025

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