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Economy premium

RI secures $60m for floating solar project through JETP

Standard Chartered, Germany's development finance institution DEG and France’s Proparco on Tuesday announced a US$60 million investment to fund the construction and operation of a solar photovoltaic (PV) plant in Indonesia.

6 months ago
Economy premium

Industry minister admits legal loopholes enable transshipment through RI

Textile associations have urged provincial Trade Ministry offices, which are authorized to issue certificates of origin (SKA), to tighten the issuance procedures and verify whether export goods are genuinely produced in Indonesia. ...

6 months ago
Regulations premium

Ministry plans to make use of unlicensed oil wells

The Energy and Mineral Resources Ministry plans to formulate a regulation for utilizing unlicensed oil wells to ramp up oil and gas lifting in the country.   ...

6 months ago

The Latest

Regulations

Tax Stimulus Boosts Indonesia’s Economic Recovery

In 2024, Indonesia experienced a slowdown in inflation, reaching a record low of 1.57 percent. While this indicates price stability, it also signals the need for greater stimulus to sustain economic growth.

6 months ago
Companies premium

Explore nearby, spend wisely: intra-provincial travel boom

Many households are now exploring destinations closer to home to reduce expenditures.

6 months ago
Economy

China's manufacturing shrinks in April as trade war bites

China's manufacturing activity shrank in April after growing at its highest rate in a year the previous month, official data showed Wednesday, as Beijing fights an intensifying trade war with the United States.

6 months ago
Regulations

US needs precision manufacturing, not textile industry: Bessent

"The goal here is to bring back the high quality industrial jobs to the US. President (Donald) Trump is interested in the jobs of the future, not the jobs of the past," Bessent told reporters at a White House briefing.

6 months ago
Companies premium

Prabowo scolds ‘bad’ SOEs directors behind closed doors

During the closed-door meeting, the President called on SOEs executives to end inefficiency and misconduct, ordered Danantara’s board to evaluate their performance and warned that directors who fail to deliver would be replaced.

6 months ago
Economy premium

Foreign investment up 12% yoy in first quarter

Indonesia has seen respectable growth in foreign direct investment (FDI) in the first quarter of 2025 as realized funding reached a quarter of the government’s full-year target, while domestic investment grew even faster.

6 months ago
Regulations

The right incentive to stimulate the national economy

Tax incentives can be categorized into four types, namely exemption from tax imposition, reduction of tax base, reduction of tax rate and tax deferral. In essence, a tax incentive policy is the government's effort to ensure that the economy continues to run and grow, as well as encouraging taxpayers to remain compliant both formally and materially.

6 months ago
Economy premium

Trump tariffs to hit trade, marine cargo credit insurance

OJK encourages insurance firms to continue strengthening their risk management, diversifying both their investment portfolios and products to cushion against global economic volatility.

6 months ago
Companies premium

Danantara to include Lotte petrochemical project

The petrochemical company offered Indonesia the opportunity to participate and President Prabowo Subianto agreed to local participation through Danantara, which the wealth fund will explore. 

6 months ago
Companies

Trump to reduce impact of auto tariffs, Commerce secretary says

President Donald Trump's administration will move to reduce the impact of his automotive tariffs on Tuesday by alleviating some duties imposed on foreign parts in domestically manufactured cars and keeping tariffs on cars made abroad from piling on top of other ones, officials said.

6 months ago
Companies premium

State-run mining firms court American investments

Experts warn that the success of these efforts will depend on Indonesia’s ability to reform its regulations, strengthen governance and provide greater legal certainty.

6 months ago
Companies premium

Chinese chemical giant GESC to build $600m chemical plant in Gresik

The first phase of the project will produce 120,000 tonnes of melamine, 150,000 tonnes of nitric acid and 200,000 tonnes of ammonium nitrate per year

6 months ago
Companies premium

Indorama to invest $2b in US as tariff talks go on

A company rooted in Indonesia is slated to invest US$2 billion in a blue ammonia project in the United States as part of what President Prabowo Subianto called a “win-win solution” in the ongoing tariff negotiations.

6 months ago
Regulations premium

Govt to ban retention of workers' graduation certificates

The Manpower Ministry plans to clamp down on the all-too common practice of employers holding onto the graduation certificates of employees, even ex-employees, effectively keeping them hostage against quitting.

6 months ago
Economy

Japan, Vietnam pledge to support free trade as PM Ishiba visits Hanoi

Ishiba's first trip to Vietnam, and his subsequent visit on Tuesday to the Philippines, mark the latest high-level East Asian meetings amid escalating global uncertainty triggered by the threat of crippling US tariffs.

6 months ago
Economy

IMF-World Bank meetings end with little tariff clarity, but economic foreboding

Global finance leaders came to Washington this past week seeking clarity on what it would take to get some relief from President Donald Trump's multi-layered tariff assault and on just how much pain it will bring to the world economy.

6 months ago
Regulations

Singapore seeks US tariff concessions on pharmaceutical exports

Gan Kim Yong, who is also the trade minister and helms the Singapore Economic Resilience Taskforce, told reporters Sunday that pharmaceuticals make up more than 10 percent of the city state's exports to the United States, according to the Straits Times.

6 months ago
Tech premium

LG departure marks rude awakening for Indonesia’s nickel downstream dream

Beijing further tightens its grip on the Indonesian EV market with its LFP tech domination, causing a decline in the market for nickel-based technology which contributed to LG’s decision to exit.  

6 months ago
Economy

US-China: The clash of the titans

As the trade war between the United States and China escalates, here is a point-by-point comparison of the world's two biggest economic powers.

6 months ago
Tech

Elon Musk's xAI Holdings reportedly in talks to raise $20b from investors

Elon Musk's xAI Holdings is in talks with investors to raise roughly US$20 billion in funding for his newly combined artificial intelligence start-up and social media business, Bloomberg News reported on Friday, citing people familiar with the matter.

6 months ago
Economy

Conflicting US-China talks statements add to global trade confusion

US President Donald Trump asserted in an interview published on Friday that tariff negotiations were under way with China, but Beijing denied any talks were taking place, the latest in a series of conflicting signals over what progress was being made to de-escalate a trade war threatening to sap global growth.

6 months ago
Economy

World Bank chief economist sounds alarm on emerging market debt

The International Monetary Fund (IMF) and World Bank spring meetings this week in Washington have been dominated by worries about the economic fallout from century-high US tariffs, and retaliatory ones announced by China, the European Union, Canada and others.

6 months ago
Regulations premium

Counterfeit goods persist despite govt curbs, renewed US complaints

Mangga Dua market has been thrust into spotlight yet again as a barrier to trade in the USTR's 2025 National Trade Estimate Report, which has singled out the North Jakarta market as a bustling hub of counterfeit goods.

6 months ago
Regulations premium

US 'appreciates' Indonesia’s proposal on bilateral trade

The government says the US has expressed appreciation for Indonesia’s position on bilateral trade and lauded Jakarta’s decision to get into negotiations early, as a high-ranking delegation wraps up talks in Washington, DC.

6 months ago
Economy premium

Local EV production slumps amid imports

Indonesia’s push to become an EV hub faces new challenges, as relaxed import rules have seen the domestic market flooded with foreign-made cars, causing sharp declines in output from local manufacturers.

6 months ago
Markets premium

Transport minister asks airlines to buy rejected Boeing planes from China

While the transport minister has urged local airliners to look at buying rejected Boeing jets as an opportunity for fleet expansion, industry association INACA has called for a collected, practical stance in view of regulatory, certification and other established processes.

6 months ago
Regulations premium

Indonesia wants 'fair and square' trade in US tariff talks

Coordinating Economic Affairs Minister Airlangga Hartarto, the head of delegation, and Finance Minister Sri Mulyani Indrawati have been in the United States since last week negotiating the proposed 32 percent tariffs the US wants to impose on Indonesia. These tariffs have been put on hold for 90 days.

6 months ago
Page: 39

Today's ePost

Wed, November 12, 2025

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