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Jakarta Post
Economy

China manufacturing shrinks in May despite trade war truce

China's manufacturing activity shrank in May for the second month running, official data showed Saturday, despite Beijing reaching a temporary ceasefire in a blistering trade war with the United States.

2 weeks ago
Economy

Trump says will double steel, aluminum tariffs to 50%

US President Donald Trump said Friday that he would double steel and aluminum import tariffs to 50 percent from next week, the latest salvo in his trade wars aimed at protecting domestic industries. ...

2 weeks ago
Economy premium

RI consumers trading down as economic strain persists

Turning to cheaper products is one way for shoppers to deal with reduced spending power, but economists warn that a downtrading trend could further undermine economic growth. ...

2 weeks ago

The Latest

Economy

US April inflation cooled more than expected, despite tariffs

The US Federal Reserve's preferred inflation measure cooled more than expected last month, according to government data published Friday, as President Donald Trump's "liberation day" tariffs on most countries came into effect.

2 weeks ago
Markets

Stocks head for best month since 2023 ahead of inflation data

World stocks were heading for their best month since late 2023 on Friday and the dollar was flirting with its first monthly rise of the year, while traders waited for key inflation data and assessed the latest in Washington's to and fro on tariffs.

2 weeks ago
Regulations premium

Manpower Ministry bans age restrictions in job postings

Manpower Minister Yassierli has issued a circular preventing employers from setting age limits on vacancies to provide equal opportunities for all jobseekers in the country.

2 weeks ago
Economy

Trump spurs questions about safety of Germany's gold in New York

The safety of Germany's gold reserves held overseas and in New York in particular, until recently mainly a talking point for the country's far-right party and gold bugs, is becoming a matter of public debate with Donald Trump back in the White House.

2 weeks ago
Regulations

US Treasury Secretary says trade talks with China 'stalled'

"I would say that they are a bit stalled," Bessent told broadcaster Fox News when asked about trade talks with Beijing.

2 weeks ago
Economy

Trump tariffs to remain in effect after appeals court grants stay

A federal appeals court temporarily reinstated the most sweeping of President Donald Trump's tariffs on Thursday, a day after a US trade court ruled that Trump had exceeded his authority in imposing the duties and ordered an immediate block on them.

2 weeks ago
Economy premium

Dalio’s reported exit sparks questions over Danantara’s game plan

The government has pushed back against reports that Bridgewater Associates founder Ray Dalio has backed out of an advisory role at Indonesia’s state asset fund Danantara and said it remained in contact with the United States hedge fund titan’s team.

2 weeks ago
Companies premium

Eramet, Danantara agree to explore nickel supply chain projects

The deal is part of Macron’s broader push to strengthen economic ties with Indonesia and was marked by the signing of 26 bilateral agreements across energy, investment and food security, with total commitments valued at US$11 billion.

2 weeks ago
Economy

US trade court blocks tariffs in major setback for Trump

A US federal court on Wednesday blocked most of Donald Trump's sweeping import tariffs from going into effect, ruling that the president had overstepped his authority with the across-the-board global levies.

2 weeks ago
Companies

RGE, TotalEnergies to develop solar power, battery energy storage project in Indonesia

RGE and TotalEnergies, through their equally-owned  joint venture Singa Renewables (Singa), have entered into a Co-Investment Agreement to develop, build and operate a solar photovoltaic (PV) power plant with battery energy storage  system (BESS) in Riau Province, Indonesia. The utility-scale project will be constructed in phases.

2 weeks ago
Companies

Alibaba and GoTo Boost Indonesia’s AI Talent Through GenAI Hackathon 2025

Alibaba Cloud collaborated with PT GoTo Gojek Tokopedia (GOTO) and the Communications and Digital Ministry to organize the Alibaba Cloud Indonesia GenAI Hackathon 2025.

2 weeks ago
Economy premium

Luhut suggests incense downstreaming to boost exports, local economies

Luhut highlighted the natural incense from North Sumatra, which is considered among the best in the world, exported to multiple countries in Asia and Europe.   

2 weeks ago
Companies premium

China’s GEM to invest $8b in battery recycling hub in Kalimantan

Initial investment for the Indonesia Green Industrial Park (IGIP) is expected to reach $2 billion, with total capital outlay gradually increasing to $8 billion, GEM founder and chairman Xu Kaihua told reporters on Saturday.

2 weeks ago
Regulations premium

Ray Dalio says no to Danantara advisory role, Bloomberg reports

Ray Dalio’s appointment as a Danantara advisor was announced following a verbal offer in March but had yet to be formalized.

2 weeks ago
Markets

Asian shares, US dollar climb on rosy data, tech optimism

Asian shares continued a rally from Wall Street and the dollar held gains on Wednesday on promising economic signs in the United States and speculation of strong tech earnings.

2 weeks ago
Companies premium

Car Sales Stagnation in Indonesia

The government must develop a more balanced approach to fulfill Indonesia's potential in the automotive industry. The government can implement policies such as lowering taxes on all types of cars, making financing more accessible and supporting economic growth to bolster the industry.

2 weeks ago
Companies

Nourishing a nation: Danone’s legacy in advancing public health in Indonesia

From early childhood nutrition to sustainable community programs, Danone Indonesia continues to shape a healthier future for generations

2 weeks ago
Economy premium

ASEAN seeks to approach US tariff talks as one and expand China ties

The 10 ASEAN member states pledge to stay united but flexible as the regional bloc looks for new partners and ways to tackle trade headwinds caused by the United States’ threat of sweeping import tariffs.  

2 weeks ago
Economy

Developing nations face 'tidal wave' of China debt: report

China's Belt and Road Initiative lending spree of the 2010s has paid for shipping ports, railways, roads and more from the deserts of Africa to the tropical South Pacific. 

2 weeks ago
Companies premium

Tension arises between Garuda and its pilots union over recruitment

The pilots union deemed the amount as unusual and criticized the move as inconsistent with a push from the government and the company for cost efficiency, urging management to conduct an evaluation to ensure the airline’s business sustainability.

2 weeks ago
Tech premium

Nuclear option: Indonesia seeks to grow energy, cut emissions

Its first experiment with nuclear energy dates to February 1965, when then-president Sukarno inaugurated a test reactor.

2 weeks ago
Economy premium

RI nickel industry struggles to ditch coal amid global green demands

Transitioning from coal to other energy sources remains a major hurdle for Indonesia’s nickel industry, which is under growing global pressure to clean up its operations, says nickel association.

2 weeks ago
Economy

Japan loses status as world's top creditor

Japan's net external assets as of the end of last year stood at 533.05 trillion yen ($3.7 trillion), up 12.9 percent from a year earlier, according to data released by the finance ministry.

2 weeks ago
Economy premium

Jakarta hotels cut staff to stay afloat amid govt spending cuts

Most hotels in Jakarta have reported declining occupancy rates since the government cut spending on official trips and conferences, while operating costs keep climbing, forcing some to reduce headcount to scrape by.

2 weeks ago
Markets

Stocks fluctuate as traders await next moves in Trump trade war

Equities meandered Tuesday as investors awaited the latest developments on Donald Trump's trade war, while the yen rallied after the head of Japan's central bank flagged more interest rate hikes if the economy improved.

2 weeks ago
Regulations premium

Indonesia eyes EU trade breakthrough as bloc softens green business rules

Indonesia has the opportunity to wrap up a long-delayed free trade deal with the European Union after the bloc officially placed Indonesia in its “standard-risk” deforestation law category, a step seen by businesses as a signal that could boost exports of palm oil, coffee, cacao and other commodities.  

2 weeks ago
Economy premium

Govt banks on consumer stimulus to reach 5% growth

The government has announced a new stimulus package to support consumer spending in the second quarter and lift GDP growth to 5 percent after a disappointing first quarter.

3 weeks ago

Today's ePost

Mon, June 16, 2025

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