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Jakarta Post
Companies premium

Govt drops PIK 2 from strategic projects list

Coordinating Economy Minister Airlangga Hartarto said on Monday that the government had only granted PSN status to the tourism-related segment of the project, not its broader real estate development and that the delisting followed a formal review.

3 weeks ago
Economy

US, China to roll out tit-for-tat port fees, threatening more turmoil at sea

The United States and China on Tuesday will begin charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world's two largest economies. ...

3 weeks ago
Economy

Trump on track to meet Xi in South Korea

The latest rupture followed China's announcement on Thursday that it would dramatically expand its rare earths export controls. That drew a sharp countermeasure from Trump on Friday that sent markets and relations between the world's two largest economies into a spiral. ...

3 weeks ago

The Latest

Economy premium

Productivity among lowest in region, govt launches national push

The government has launched a drive to increase productivity as Indonesia’s labor productivity remains among the lowest in Southeast Asia, threatening long-term growth. Experts warn that red tape, weak incentives and regional disparities undermine the competitiveness of local companies.

3 weeks ago
Regulations premium

Rising costs may hamper fuel negotiations

Private fuel retailers have rejected a new import policy, triggering supply shortages and tough negotiations with the government.

3 weeks ago
Regulations premium

Govt mulls evaluating export receipt rules

Businesses have previously raised concerns that the new policy could disrupt cash flow and ultimately hurt global competitiveness.  

3 weeks ago
Economy premium

Agriculture minister appointed as head national food agency

President Prabowo Subianto has dismissed Arief Prasetyo Adi from his post at the helm of the National Food Agency (Bapanas) and appointed Agriculture Minister Andi Amran Sulaiman as his replacement.

3 weeks ago
Companies premium

Freeport halts Gresik smelter in Grasberg mudslide aftermath

The mining giant has confirmed that smelting activity at its Gresik facility has been suspended for over a month after the copper concentrate supply was disrupted due to the operational shutdown at its Grasberg mine following the mudslide incident in September, which killed seven workers.

3 weeks ago
Markets

Asia shares suffer trade whiplash, Wall Street futures rally

Asian stocks dived for cover on Monday after fresh broadsides in the US-China trade war spooked markets with already stretched valuations, though there were signs risk sentiment had steadied with Wall Street futures bouncing.

3 weeks ago
Economy premium

Govt gunning for high GDP growth from this quarter onward

The government has promised strong gross domestic product growth for the remainder of this year and onward as it expects higher consumption, underpinned by increased private sector activity and government spending.

3 weeks ago
Regulations premium

Regional dissent boils over as fiscal transfer cuts bite

Experts say the move contradicts President Prabowo Subianto’s promise of greater regional autonomy and risks fueling political tensions if not carefully managed.

3 weeks ago
Economy premium

Kadin projects $3.8t in net-zero investments by 2050

Kadin has pointed to carbon markets as one of four key areas, while BloombergNEF notes the country's potential to become a net exporter of forestry credits to offset carbon emissions.

3 weeks ago
Economy

White House says 'substantial' shutdown layoffs have begun

The White House said Friday it had begun mass layoffs of federal workers as President Donald Trump sought to amp up pressure on opposition Democrats to end a government shutdown that has crippled public services.

3 weeks ago
Economy

Developing nations rack up $3.9 bln in net debt payments to China a year: Study

China, the world's largest bilateral creditor, has historically played a key role in financing infrastructure projects across the Global South, committing over $472 billion through its policy banks, the China Development Bank and Export-Import Bank, between 2008 and 2024.

3 weeks ago
Economy

Trump ratchets up US-China trade war, promising new tariffs

US President Donald Trump revived the trade war against Beijing on Friday, ending an uneasy truce between the two largest economies with promises to sharply hike tariffs in a reprisal against China curbing its critical mineral exports.

3 weeks ago
Economy premium

Sending thousands to Japan for internships a double-edged sword

The government wants to send thousands of Indonesians to Japan for work experience under a program that promises mutual benefits but that critics say is not without economic risks.

4 weeks ago
Economy premium

Govt identifies 45,000 community wells for development

The Energy and Mineral Resources Ministry has issued a landmark regulation legalizing the exploitation of community-owned wells.

4 weeks ago
Economy premium

OJK warns local banks to tighten risk controls amid govt injection

Finance Minister Purbaya Yudhi Sadewa has unveiled plans to transfer an additional Rp 70 trillion to local banks, including regional lenders such as Bank Jakarta and Bank Jatim.

4 weeks ago
Regulations premium

B50 policy to trim CPO exports by 5.3m tonnes, minister says

The government is getting in gear to launch its B50 biofuel program as part of the wider energy and food agenda, reducing exports and potentially putting the country on a footing to dictate the global CPO market.

4 weeks ago
Markets

Asian markets limp into weekend as AI bubble fears grow

Asian equities staggered into the weekend Friday following a mixed week that saw a Middle East ceasefire and huge new AI investments play off against the US shutdown and concerns about a tech bubble.

4 weeks ago
Regulations premium

Supply challenges, dependency risks cast shadow over waste-to-energy drive

Local administrations say meeting the strict waste-supply targets will be difficult to sustain over the long term.

4 weeks ago
Regulations premium

Concerns mount over Danantara exec’s dual role as SOE agency head

Lawmakers say the new structure draws a clear line between regulator and operator, but Dony Oskaria’s appointment threatens to blur that boundary.

4 weeks ago
Economy premium

Govt nets $423m in tax blitz, targets $3.6b by year-end

This aggressive stance comes as tax revenues have reached only 54.7 percent of the annual target in August and contracted 5.1 percent year-on-year.

4 weeks ago
Economy premium

Consumer confidence slips to new record low amid weak job market

Consumer views on their current income situation and plans to buy durable goods weakened, while perceptions of job availability dropped deeper into pessimistic territory.

4 weeks ago
Economy

World economy not doing as badly as feared, IMF chief says

The global economy is doing better than expected, even as it faces prolonged uncertainty and underwhelming medium-term growth prospects, the head of the IMF said Wednesday. 

4 weeks ago
Economy premium

Health scare taints Indonesia’s export reputation

Radioactive and carcinogenic contamination has prompted foreign buyers to become more cautious, tightening inspections or even delaying contracts with local suppliers, industry players claimed.

4 weeks ago
Economy premium

Indonesia struggles to create jobs for its youth

According to research from the World Bank, one out of seven young Indonesians may find themselves out of work.

4 weeks ago
Economy

German industrial output posts biggest decline in more than three years

Industrial production fell by 4.3 percent compared with the previous month, the federal statistics office said on Wednesday, the biggest fall since March 2022, just after Russia's invasion of Ukraine. Analysts polled by Reuters had predicted a 1.0 percent fall.

4 weeks ago
Regulations

Prioritizing the short term

Recent indicators suggest that Indonesia's recent challenges are centered on declining purchasing power.

4 weeks ago
Regulations premium

Governors press finance minister to reconsider regional budget cuts

Governors have urged Finance Minister Purbaya Yudhi Sadewa to reconsider sharp cuts to regional transfer funds, warning the move would strain local budgets and may stall infrastructure projects, with smaller, low-revenue regions being hit hardest.

4 weeks ago

Today's ePost

Sat, November 8, 2025

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