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Jakarta Post
Tech

Asian stocks slide as China stimulus disappoints; bitcoin extends rally

Hong Kong stocks led declines in Asia on Monday after Beijing's latest stimulus fell short of investor expectations, overshadowing Wall Street's record highs from Friday and futures pointing to further strength at the reopen.

6 months ago
Economy premium

Prabowo forms National Economic Council, grants it no policymaking authority

The council's deputy head told reporters on Tuesday that it would not venture into policymaking or technical decision-making, which would remain the authority of ministries and agencies. ...

6 months ago
Economy premium

RI businesses fear deluge of Chinese goods after Trump takes office

Indonesian businesses are concerned that restrictive trade policies from United States president-elect Donald Trump will incentivize Chinese producers to divert large quantities of goods to Southeast Asian markets and create barriers for Indonesian exports to the US. ...

6 months ago

The Latest

Companies premium

Santika Indonesia partners with Janto Group to open new hotel in Jakarta

Santika Indonesia Hotels and Resorts has entered a partnership with the Janto Group to establish a new Kampi Hotel in Gandaria, Jakarta.

6 months ago
Economy

China, Indonesia enhance ties with key deals on lithium, green energy, tourism

China and Indonesia have agreed to strengthen cooperation in key sectors, including lithium, new energy vehicles, green energy and tourism, according to a joint statement released on Saturday.

7 months ago
Regulations

BOJ hopes to keep 2 percent inflation target while monitoring climate shock risks

The Bank of Japan (BOJ) hopes to maintain its 2 percent inflation target even if climate change causes long-term shocks to future price developments, Governor Kazuo Ueda said on Saturday.

7 months ago
Companies

IPOC 2024: PHC Positions DRC as The Next Frontier for Sustainable Palm Oil Industry

The Democratic Republic of Congo (DRC) has been participated in the 20th Indonesian Palm Oil Conference (IPOC 2024) in Bali on Friday. Monique Gieskes, CEO of Plantations et Huileries du Congo (PHC), the country's leading palm oil company, invited participants to consider the DRC as a land of exceptional opportunity for the palm oil industry and as an investment destination of choice.

7 months ago
Economy

China consumer prices rise at slower rate in October

China's consumer inflation rate slowed in October, official data showed Saturday, in a sign that demand remains sluggish in the world's number two economy.

7 months ago
Economy premium

Overtourism or balanced development? Bali airport plan sparks debate

Long Indonesia’s premier tourist destination, Bali keeps getting all the attention, and ongoing government initiatives, rather than spread out development across the country, further cement the island’s dominance, to the extent that many now worry about overtourism.

7 months ago
Markets

Stock markets waver after US election rally, rate cut

Wall Street shares mostly rose but global stock markets fell on Friday following rallies this week as investors weighed the impact of Donald Trump's presidential election win and efforts to prop up China's economy.

7 months ago
Companies premium

Antam shifts to Freeport for gold, ditching imports

SOEs Minister Erick Thohir plans to establish a bullion service to distribute Antam’s gold through pawnshop operator Pegadaian and major banks, such as BRI and BSI.

7 months ago
Regulations premium

Ministry hopes for Rp 100 trillion rise in social aid budget for 2025

Currently, the government has earmarked over Rp 504 trillion for social aid in 2025, the second largest expenditure after education at over Rp 722 trillion.

7 months ago
Regulations premium

More biofuel factories needed for B50 program: Ministry

The energy ministry says the number of biofuel plants needs to expanded by seven to nine new facilities to support the President's aim to roll out the mandatory B50 program in four years' time.

7 months ago
Markets

Asian markets extend rally after Fed cut

Asian equities extended gains Friday, tracking another Wall Street record after the Federal Reserve cut interest rates and on the prospect of market-friendly policies from a Trump administration.

7 months ago
Regulations premium

Public works minister ready to provide employees to IKN Authority

The public works minister met on Tuesday with his predecessor, now the incumbent head of the IKN Authority, to discuss a variety of related matters, including the possibility of relocating the ministry's employees to the new capital being developed in East Kalimantan.

7 months ago
Companies

Challenges and opportunities for renewable energy in Indonesia: APAC insights

Southeast Asia's largest economy presents a clear set of challenges as well as opportunities for accelerating renewable energy investments as the country aims to achieve net-zero by 2060.

7 months ago
Regulations premium

Govt ‘must not overlook’ public service tasks amid SOE shakeup

Analysts question how a new sovereign wealth fund will address the public service obligations (PSOs) of certain SOEs included in its portfolio, given that these firms are often instructed by the government to sell products below market prices or take on unprofitable projects.

7 months ago
Regulations

US Fed makes quarter point cut as Powell insists he would not quit

The US central bank's rate decision should help ease the costs of mortgages and other loans -- welcome news for consumers, who had widely cited the cost of living as a top concern ahead of Tuesday's vote. 

7 months ago
Economy

HSBC Quality of Life 2024 study: 5 in 10 affluent individuals plan to work in old age

The HSBC Quality of Life 2024 study found that affluent customers in Indonesia considered funds of Rp 5.37 billion (US$340,000) to be the ideal amount to enter retirement.

7 months ago
Markets

IDX Composite plummets to 7,200 level

Pilarmas Investindo Sekuritas noted that the IDX Composite closing 1.90 percent down on Thursday at 7,243.86 was due to negative market perception following Trump's reelection on Tuesday.

7 months ago
Regulations premium

Govt scraps taxes on airplane spare part imports to bring down domestic airfares

The regulation also scraps import taxes on train part imports and imported components for machinery used by the Defense Ministry. 

7 months ago
Regulations premium

Prabowo tells ministries to cut budget for trips, ceremonies

The President has called on top government officials to cut travel and ceremonial expenditures to channel more funds to his administration's housing initiative and food security aims, including his signature free meals program.

7 months ago
Regulations premium

Prabowo adds two high-ranking Finance Ministry positions

President Prabowo Subianto has added two new directorate generals to the Finance Ministry – the Economic and Fiscal Strategy Directorate General and the Financial Sector Stability and Development Directorate General.

7 months ago
Economy

Uncertainty prevails as top exporter Vietnam braces for volatility with Trump

Vietnam has one of the largest trade surpluses with the US.

7 months ago
Regulations

Australia proposes 'world-leading' ban on social media for children under 16

Australia is trialing an age-verification system to assist in blocking children from accessing social media platforms, as part of a range of measures that include some of the toughest controls imposed by any country to date.

7 months ago
Economy

China's exports grow at fastest pace in over two years

China's outbound shipments grew at the fastest pace in over two years in October as factories rushed inventory to major export markets in anticipation of further tariffs from the US and the European Union, as the threat of a two-front trade war looms.

7 months ago
Regulations premium

Ministry to form land acquisition committee for infrastructure programs

Coordinating Infrastructure and Regional Development Minister Agus Harimurti Yudhoyono has tasked the Spatial Planning Ministry/National Land Agency with forming a land acquisition committee to support infrastructure programs.  

7 months ago
Markets

Equities swing, bitcoin hits record as traders weigh Trump 2.0

Asian equities fluctuated Thursday, while the dollar held gains and bitcoin hit a fresh record as markets try to ascertain the consequences of a second Donald Trump presidency after he pledged to cut taxes and ramp up tariffs with an eye on China.

7 months ago
Economy premium

Rupiah down, IDX Composite drops as Trump wins US election

The Bank Indonesia governor said Trump’s presidency could have broad implications for emerging markets like Indonesia, impacting exchange rates and capital flows.

7 months ago
Companies premium

Apple reportedly pledges investment after ban of iPhone 16

Deputy Industry Minister Faisol Riza said on Wednesday that the ministry hoped Apple would commit to putting the plan in place.

7 months ago
Page: 44

Today's ePost

Tue, June 10, 2025

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