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Jakarta Post
Regulations premium

Property developers push rent-to-own scheme for informal workers

In a meeting with House Commission V on Tuesday, representatives of two property developers associations put forth an idea to offer a rent-to-own scheme to ease access to home financing for informal workers who might otherwise fall through the cracks of creditworthiness criteria and bank scoring models.

3 weeks ago
Regulations premium

Govt bans employers from holding onto workers’ graduation certificates

The manpower minister issued a circular to ban what has been common practice at many workplaces and signaled that such protection could be enshrined in a forthcoming ministerial regulation or an amended Manpower Law. ...

3 weeks ago
Markets

Oil prices jump on report of Israel prepping Iran strike

Crude prices surged Wednesday following a report that US intelligence suggested Israel was planning a strike on Iranian nuclear facilities, which would send geopolitical tensions into overdrive and fuel regional conflict fears. ...

3 weeks ago

The Latest

Companies premium

Countercyclical policies to support economic growth

The anticipated monetary easing in 2025 presents a strategic opportunity that the banking sector should fully capitalize on.

3 weeks ago
Regulations premium

Govt moves to level playing field in RI logistics sector

The government has introduced a regulation that will prevent a race to the bottom among logistics providers and require them to expand their services outside profitable regions.

3 weeks ago
Economy premium

Govt sticks to ‘unrealistic’ 8% GDP growth target

The government has reaffirmed its aim to reach 8 percent gross domestic product (GDP) growth by the end of President Prabowo Subianto’s term in office, a target economists view with skepticism.

3 weeks ago
Regulations premium

Tarnus graduate, military officer to head tax, customs offices

Two figures with ties to the military, including an active officer, are expected to head the Finance Ministry's tax and customs offices by presidential appointment, though it is unknown when they will take up their new roles.

3 weeks ago
Economy premium

Hundreds of on-demand drivers demand higher pay at Jakarta protest

Gig drivers gathered on Tuesday and threatened a 24-hour strike to demand a "fairer" commission scheme and stronger enforcement against noncompliant on-demand companies.

3 weeks ago
Companies premium

Total, Chevron may revive business in Indonesia: SKK Migas

The Upstream Oil and Gas Regulatory Special Task Force (SKK Migas) said French energy giant TotalEnergies is considering reinvesting in Indonesia’s upstream oil and gas industry.

3 weeks ago
Economy

China's central bank cuts two key rates to historic lows

China's central bank on Tuesday cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid seesaw trade tensions with the United States.

4 weeks ago
Think Big premium

Oaken Lab brings fresh scent to Indonesia’s perfume market

In Indonesia’s expanding fragrance industry, Oaken Lab focuses on artisan perfumery to produce authentic scents through in-house experiments.

4 weeks ago
Regulations premium

Lack of grid investment stalls progress on clean energy

A lack of investment in Indonesia’s power grid is emerging as a key obstacle to the country’s clean energy goals, as transmission constraints slow down the adoption of renewable energy.

4 weeks ago
Economy premium

Economists project RI economy to grow below 5% this year

Bank Mandiri projects that Indonesia’s gross domestic product growth will grow to 4.93 percent year-on-year (yoy) this year, while Bank Permata forecasts 4.78 percent. Both mark a slower pace from 5.02 percent last year.

4 weeks ago
Markets

JPMorgan upgrades emerging market equities as Sino-US trade war eases

J.P.Morgan upgraded its rating on emerging market (EM) equities to "overweight" from "neutral" on Monday, citing easing US-China trade tensions and a softer dollar.

4 weeks ago
Companies premium

CATL to start EV battery production in Indonesia by March 2026

The company secured offtake agreements from Europe and the United States but did not specify which firms were looking to procure the EV batteries produced through theproject.

4 weeks ago
Companies premium

Medco launches production at Forel, Terubuk fields

President Prabowo Subianto presided over the launch of production at the Forel and Terubuk oil and gas fields in the South Natuna Sea off Riau Islands on May 16.

4 weeks ago
Markets

Asian markets drop after US loses last triple-A credit rating

Asian stocks fell with the dollar Monday after Moody's removed the United States' last gold standard sovereign bond rating, citing the growing debt pile that it warned could balloon further.

4 weeks ago
Economy

China factory output beats forecasts, weathering tariffs

Factory output in China grew at a faster rate than expected last month, official data showed Monday, weathering a brutal trade war with Washington.

4 weeks ago
Companies

APL Logistics opens eco-friendly logistics hub at KBN Marunda Industrial Estate

Supply chain specialist APL Logistics recently opened its first distribution center, dubbed the Marunda Flow Center, at the KBN Marunda Industrial Estate in North Jakarta.

4 weeks ago
Economy premium

Govt cool on business calls for consumer spending stimulus

Industry leaders have urged authorities to boost consumer spending aggressively in response to what they describe as a demand-side crisis reminiscent of the COVID-19 era, but officials say current policies are sufficient to maintain economic activity in the country.

4 weeks ago
Regulations premium

Kadin officials named suspects of extortion in investment project

Kadin has distanced itself from the officials involved until a legal verdict is reached.

4 weeks ago
Regulations premium

Dubai real estate group keen to invest in Nusantara, says IKN Authority

An integrated property development and construction firm from Dubai has become the first company in months to express an interest in developing the new capital city in East Kalimantan, and is looking to invest in 10 hectares of Nusantara's mixed-use commercial zone.

4 weeks ago
Economy

US loses last triple-A credit rating as Moody's cuts over govt debt

The United States lost its last triple-A credit rating from a major agency Friday as Moody's announced a downgrade, citing rising levels of government debt and dealing a blow to Donald Trump's narrative of economic strength and prosperity.

4 weeks ago
Regulations premium

Hotels demand crackdown on unlicensed rentals in Bali

As the number of tourists in Bali continues to rise, hotels on the island are suffering from declining occupancy rates, which they blame on a growing number of unlicensed rentals, raising concerns about harm to the local economy.

1 month ago
Economy premium

Businesses struggle to retain talent as pressure mounts to ditch arbitrary methods

Fostering a positive work environment, offering clear career paths and investing in training programs are crucial to boosting employee engagement and long-term retention, experts say.

1 month ago
Economy premium

Indonesia presses for WTO reform at APEC meeting

During the two-day 2025 APEC trade ministers' meeting, Indonesia called for the reinstatement of the paralyzed WTO Appellate Body and for APEC members to defend the multilateral trading system amid growing protectionism.

1 month ago
Companies premium

Energy ministry approves Kuwaiti plan to develop Anambas Block

The government has green-lit KUFPEC's plan to develop the gas-rich Anambas Block in the Natuna Sea for an estimated investment of US$1.54 billion to supply both the domestic and regional markets.

1 month ago
Companies

Vietnam's Vingroup eyes multibillion dollar high-speed rail project

Vietnam's biggest conglomerate, Vingroup, said Friday it had submitted a proposal to build the country's multibillion-dollar high-speed railway from Hanoi to Ho Chi Minh City, with state media reporting the government had welcomed the plan.

1 month ago
Regulations premium

Beverage industry frets over Bali’s plastic bottle ban

Industry associations warn that Bali’s ban on small plastic bottles last month could lead to a sales decline of 5 percent, as the province contributes significantly to the RTD beverage market.

1 month ago
Markets

Asian shares set to end strong week on soft note, bonds enjoy relief rally

Asian stocks were ending a strong week on a softer note on Friday as the euphoria over US-China trade talks faded, while revived bets for policy easing in the United States sparked a rally in beaten-down bond markets.

1 month ago

Today's ePost

Tue, June 17, 2025

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