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Jakarta Post
Markets

Asian stocks hit by fresh tech fears as gold retreats from peak

Asian stocks sank Friday amid fresh worries over vast investments in artificial intelligence. Jakarta seemed to be stabilizing after a rout over the previous two days sparked by index compiler MSCI calling on regulators to look into ownership concerns.

2 weeks ago
Markets

What is MSCI and what has it done to Indonesia's stock market?

Goldman Sachs estimates that foreign investor outflow could reach $7.8 billion if Indonesia is downgraded to frontier market, a scenario the investment bank and some investors deem unlikely. ...

2 weeks ago
Regulations premium

Govt vows swift changes to heed MSCI demands for RI stocks

Both Indonesia Stock Exchange (IDX) and the Financial Services Authority (OJK) have promised to act fast and change stock market regulations pursuant to points made by Morgan Stanley Capital International (MSCI) that prompted a massive sell-off. ...

2 weeks ago

The Latest

Regulations premium

State-owned Perminas to assume control of Martabe gold mine

The Martabe gold mine in North Sumatra, operated by PT Agincourt Resources, will be transferred to state control under the newly formed National Mineral Company (Perminas), ending recent speculation about one of Indonesia's major gold assets.

2 weeks ago
Companies premium

BCA announces Rp5t share buyback as IDX drops further

The country’s biggest private bank by assets has announced a plan to repurchase up to Rp 5 trillion (US$298.6 million) worth of its shares following a sharp decline in the Indonesian Stock Exchange (IDX) Composite index.  

2 weeks ago
Markets

Indonesia stocks tank as downgrade risk triggers capital flight

MSCI's warning is the latest setback for Southeast Asia's largest economy as foreign capital flows out due to concerns about how President Prabowo Subianto is widening the fiscal deficit and ramping up the state's involvement in financial markets.

2 weeks ago
Companies

Amazon to cut 16,000 jobs worldwide

The job cuts, which follow already flagged plans to trim its workforce by 14,000 posts, were aimed at "reducing layers, increasing ownership, and removing bureaucracy," senior vice president Beth Galetti said in a statement.

2 weeks ago
Companies

Record high number of companies and start-ups choosing Hong Kong as regional base

Hong Kong’s attractiveness for both Mainland Chinese and international businesses has reached a record high, as shown in the latest survey, which recorded 11,070 companies based in the city in 2025.

2 weeks ago
Markets premium

IDX halts trading again as stocks plunge further

The Indonesia Stock Exchange (IDX) Composite index has nosedived for a second day in a row due to investability flags from Morgan Stanley Capital International (MSCI), prompting another trading halt.

2 weeks ago
Economy

Fed leaves rates unchanged, sees 'somewhat elevated' inflation and stabilizing job market

Noting broad internal support for the decision, Powell said the Fed remains "well-positioned" to assess when or whether another rate cut may be needed.

2 weeks ago
Companies

Samsung logs best-ever profit on AI chip demand

South Korean tech giant Samsung Electronics posted record quarterly profits Thursday, riding massive market demand for the memory chips that power artificial intelligence.

2 weeks ago
Companies

Meta boosts annual capex sharply on superintelligence push, shares surge

Instagram-owner Meta on Wednesday boosted its capital spending plans for the new year by 73 percent in the pursuit of "superintelligence," an effort to offer deeply personalized artificial intelligence to its large social media user base.

2 weeks ago
Markets premium

IDX plunges after MSCI warning about RI stocks

The Indonesia Stock Exchange (IDX) temporarily halted trading on Wednesday after shares plunged on a warning from global index provider MSCI that it could downgrade Indonesian stocks to frontier-market status.  

2 weeks ago
Companies

Plasma fractionation plant in Karawang: The ‘donor-to-drug’ journey

Every day, thousands of Indonesians donate blood and plasma, often unaware of the complex scientific and safety-driven processes that transform a single donation into life-saving therapies. As Indonesia advances toward domestic production of plasma-derived medicines, the “donor-to-drug” journey is becoming increasingly relevant for patients, healthcare professionals, policymakers and the wider public.

2 weeks ago
Tech premium

Indonesia logs $1b food delivery growth, region’s highest

Up 18 percent in a year, Indonesia’s US$1 billion gross merchandise value (GMV) growth is the highest in the region.

2 weeks ago
Markets

Dollar reels near four-year low after blow from Trump comments

As investors have grown increasingly nervous about their exposure to US assets, other currencies and gold have shot up in the past couple of weeks.

2 weeks ago
Regulations premium

MRT Jakarta subsidy to rise in revised budget, fares unchanged

The Public Service Obligation (PSO) subsidy for MRT Jakarta in the 2026 regional budget (APBD), which had been cut to Rp 536.7 billion (US$32.11 million), is to be increased to approximately Rp 700 billion, according to MRT president director Tuhiyat.

2 weeks ago
Markets premium

IDX Composite index nosedives at open

The Indonesia Stock Exchange (IDX) Composite index nosedived as trading opened on Wednesday following an evaluation by Morgan Stanley Capital International (MSCI) that flags Indonesian stocks.

2 weeks ago
Economy

Trump says 'we'll work something out with South Korea' after tariff threat

President Donald Trump on Tuesday said the United States and South Korea will work out a solution when asked about his surprise Monday announcement that he would increase tariffs on imports from the Asian ally to 25 percent.

2 weeks ago
Regulations premium

BYD, VinFast to start local EV production in March, govt says

Failure to meet those commitments allows the government to draw down bank guarantees posted by the companies as penalties.

2 weeks ago
Economy premium

BI appointee Tommy suggests pro-growth stance in monetary policy

Incoming Bank Indonesia (BI) deputy governor Thomas “Tommy” Djiwandono has suggested ending the so-called burden-sharing scheme between the government and the central bank but wants to harmonize fiscal and monetary policies in other ways to push economic growth.

2 weeks ago
Companies premium

Bakrie Group’s energy arm EMP strikes new oil in Malacca Strait

The new oil deposit, discovered off Riau by EMP's subsidiary Imbang Tata Alam, estimates an OOIP of 31 million barrels for a potential production increase by up to 1,500 barrels of oil per day.

2 weeks ago
Companies

China's Anta Sports to become top Puma shareholder for $1.8 billion

Chinese athletic goods giant Anta Sports will buy a controlling stake in historic German sportswear brand Puma for US$1.79 billion, a stock exchange filing showed Tuesday, as it expands its international presence.

2 weeks ago
Regulations

Danantara to manage land seized from 28 firms linked to Sumatra floods

PT North Sumatra Hydro Energy (NSHE), which runs the Batangtoru hydropower facility, is among the 28 firms whose permits were revoked after the floods. The company is controlled by China's state-run SDIC Power Holdings Co. Ltd.

2 weeks ago
Markets premium

How coal production cuts affect Indonesia’s economy

The coal sector to come under further pressure this year, as the correction in coal prices is likely to continue in line with a deeper decline in Indonesia’s coal production.

2 weeks ago
Companies

PT SMI and its growing impact on Indonesia’s economy

Indonesia continues to face a persistent development financing gap, particularly amid rising infrastructure needs. Addressing this challenge requires innovative and sustainable funding sources to ensure the smooth implementation of national development priorities.

2 weeks ago
Economy

German firms' investments in China boomed in 2025 on US trade war worries

German companies' investments in China hit a four-year high in 2025, according to data compiled for Reuters, underscoring how US President Donald Trump's trade war is pushing industries and governments to boost business ties elsewhere.

2 weeks ago
Companies premium

Local steel firm Tata Metal breaks ground on Rp 1.5t expansion

The new unit will produce 250,000 tonnes of coated steel per year, adding to the company’s existing output of 500,000 tonnes.

2 weeks ago
Markets

Stocks up as earnings hopes offset Trump's Korea tariff move, dollar wobbles

Asian shares advanced on Tuesday as investors hoped for the best from a barrage of US mega-cap earnings, though uncertainty caused by President Donald Trump’s latest tariff moves on South Korea limited broader gains while boosting gold and silver.

2 weeks ago
Economy premium

Thomas Djiwandono secures BI deputy governor post

President Prabowo Subianto nominated Thomas, his nephew, on Jan. 19 to replace former deputy BI governor Juda Agung, who resigned with immediate effect on Jan. 13, according to BI.

2 weeks ago

Today's ePost

Sat, February 14, 2026

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