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Jakarta Post
Economy premium

Danantara to raise Rp 50 trillion through low-coupon ‘patriot bonds’

Danantara Indonesia plans to raise Rp 50 trillion through so-called patriot bonds to fund waste-to-energy facilities and strategic projects in what the government bills as a move to boost public-private collaboration for long-term national development.

2 weeks ago
Regulations

White House wants more deals like Intel's, worrying business community

US President Donald Trump said he wants to make more investments in healthy US companies on Monday. Whether Corporate America is on board is another story. ...

3 weeks ago
Regulations

Trump threatens more tariffs for countries with digital taxes

Sources said earlier that the Trump administration was considering imposing sanctions on European Union or member state officials responsible for implementing the bloc's landmark Digital Services Act. ...

3 weeks ago

The Latest

Markets

Trump moves to fire a Fed governor over mortgage fraud claims

US President Donald Trump moved to fire Federal Reserve Governor Lisa Cook "effective immediately" on Monday, citing allegations of false statements on her mortgage agreements -- as he expanded pressure on the independent central bank.

3 weeks ago
Tech premium

QRIS to pilot in China next month as expansion continues

Bank Indonesia is set to pilot its Quick Response Indonesia Standard (QRIS) system in China next month, following its recent Japan launch that marked the payment system’s first expansion beyond ASEAN.

3 weeks ago
Regulations premium

New agency to assert state control over minerals vital for defense

President Prabowo Subianto on Monday inaugurated a slate of officials to lead two newly established agencies, a move seen as central to his administration's economic and infrastructure agenda.

3 weeks ago
Markets premium

Govt eases coal and mineral pricing rules after market backlash

However, royalties and taxes will still be calculated using the government’s coal benchmark price (HPB) and mineral benchmark price (HPM).

3 weeks ago
Economy premium

Textile industry, govt at odds over rising yarn imports

The Indonesian Filament Yarn Producers Association (APSyFI) accused the government of bowing to “import mafia” interests at the expense of local producers of similar goods who are struggling to survive.

3 weeks ago
Regulations

US probes more than 1.4 million Honda vehicles over engine failure

In a letter dated August 20, the regulator said it received 414 reports of the issue in various Honda and Acura vehicles' 3.5-liter V6 engine.

3 weeks ago
Companies premium

Life insurers record higher revenue in first half as claims decline

Indonesia’s life insurance industry posted higher revenue in this year’s first half as premium collection increased while claims declined.

3 weeks ago
Tech

Stronger security needed to strengthen Indonesia’s digital economy

Massive transformation and digitalization of banking services requires the strengthening of information security and consumer protection to withstand the high potential of cyberattacks.

3 weeks ago
Economy

China coal power surges even as renewables hit record high

Coal accounts for around half of China's power generation, down from three-quarters in 2016.

3 weeks ago
Regulations

World's central bankers fear being caught in Fed's storm

Global central bankers gathered at a US mountain resort over the weekend are starting to fear that the political storm surrounding the Federal Reserve may engulf them too.

3 weeks ago
Economy

Indonesia urges EU to remove countervailing duty on biodiesel after WTO ruling

The Trade Ministry on Monday urged the European Union to immediately remove countervailing duties on biodiesel imports, after the World Trade Organization backed the Southeast Asian country on several key claims in a complaint to the trade body.

3 weeks ago
Regulations premium

Prabowo banks on Danantara to balance budget

President Prabowo Subianto has suggested that Daya Anagata Nusantara (Danantara) will play a big role in his short-term plan to balance the budget, but critics say that runs counter to the state asset fund’s design.

3 weeks ago
Economy

India's Modi dangles tax cuts as US tariffs loom

Indian Prime Minister Narendra Modi's push to slash consumption taxes on everyday goods could deliver billions of dollars in annual relief and boost demand in an economy bracing for painful US tariffs, experts say.

3 weeks ago
Economy

Trump says US is conducting tariff investigation into furniture imports

President Donald Trump said on Friday his administration will conduct a "major" tariff investigation on furniture entering the United States, a step toward imposing higher duties on a sector already seeing tariff-fueled price increases.

3 weeks ago
Regulations premium

Govt allocates Rp 3.4t to extend housing VAT waiver to 2026

The Finance Ministry has pledged to continue disbursing fiscal incentives for the housing sector in 2026, allocating Rp 3.4 trillion (US$208 million) for a value-added tax (VAT) waiver on home purchases.  

3 weeks ago
Regulations

WTO panel backs Indonesia on several counts in biodiesel row with EU

Indonesia brought the dispute to the WTO in 2023, alleging that the EU's imposition of duties on imports of biodiesel from the Southeast Asian nation broke the body's rules.

3 weeks ago
Economy premium

Concert pullouts signal sponsorship, spending strains

Experts point to waning interest from corporate sponsors, especially SOEs that have “reallocated budgets” to programs more closely tied to government priorities, as a key driver behind the wave of festival cancellations.

3 weeks ago
Economy premium

US radioactive material alert halts work at Indonesian shrimp exporter

BMS Foods says it has suspended all production and shipments to the United States pending investigations by Bapeten, BRIN and the Maritime Affairs and Fisheries Ministry.

3 weeks ago
Tech premium

Crypto industry pushes for a rupiah-backed stablecoin

One of the key arguments for stablecoin adoption is its potential to reduce remittance costs for Indonesian migrant workers abroad.

3 weeks ago
Markets

Asian shares choppy, dollar steady as traders await Powell speech

Stocks in Asia edged higher in a shaky start on Friday as anxious traders awaited a speech from Federal Reserve Chair Jerome Powell at the annual Jackson Hole symposium.

3 weeks ago
Companies premium

Padel courts rise in Jakarta to meet surging demand

In June, the Indonesian Padel Association (PBPI) reported that Indonesia now has 133 padel courts, with 40 percent located in Greater Jakarta and 30 percent in Bali.

3 weeks ago
Regulations premium

Clean energy pledge rings hollow amid coal subsidies

The planned 2026 budget pours more funds into fuel and coal subsidies than into renewable energy development, casting doubt on the government’s commitment to the energy transition.

3 weeks ago
Economy

Eurozone business activity up as new orders grow, PMI shows

The manufacturing sector showed notable improvement as its headline PMI rose to 50.5 from 49.8 in July, moving into expansion territory for the first time in more than three years.

3 weeks ago
Economy premium

Bank lending slows further on stricter standards, weak demand

Bank Indonesia (BI) has flagged declining loan growth in the country’s banking industry amid stricter lending standards and weak demand, emphasizing the need to boost credit disbursement to push national economic growth.  

3 weeks ago
Companies premium

Prolonged Freeport smelter shutdown frees up scarce ore for copper market

The extended maintenance shutdown at Freeport's Manyar smelter in Gresik has forced the mining giant to offload 100,000 tonnes of copper concentrate to the global market, offering timely respite amid an unprecedented shortage of the raw material.

3 weeks ago
Companies premium

Farmer-trader trains to strengthen rural supply chains

Railway operator PT Kereta Api Indonesia (KAI) has announced plans for a new train service tailored to the needs of farmers and traders by facilitating the movement of crops and goods across regions, empowering rural communities and bridging supply chains.

3 weeks ago
Regulations premium

In surprise move, BI cuts rate to ‘push’ GDP growth

Bank Indonesia (BI) has unexpectedly made a back-to-back benchmark interest rate cut in its bid to bring out the true potential of the country’s gross domestic product (GDP) growth.

3 weeks ago

Today's ePost

Tue, September 16, 2025

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