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Jakarta Post
Economy

Danantara to deploy $10b in first three months, CIO says

Among its early projects are a Haj village in Saudi Arabia, upstream energy ventures with Pertamina and waste-to-energy plants in Indonesia.

1 month ago
Companies premium

Fuel retailers reject Pertamina's offers amid stock crunch

Major private fuel retailers face supply shortages after rejecting an offer to purchase base fuel from state-owned energy giant Pertamina over its ethanol content. ...

1 month ago
Regulations premium

House passes SOE Law, downgrading ministry into regulatory body

Under the new structure, BP BUMN will act as the sector’s regulatory agency, while Danantara will serve as the executor in charge of around 1,000 state firms and as guarantor for investment holdings. ...

1 month ago

The Latest

Economy

Global Oil Palm Industry Experts to Converge at Malaysia’s PIPOC 2025

Malaysia will once again take centre stage in the global palm oil industry as it hosts the prestigious Malaysian Palm Oil Board International Palm Oil Congress and Exhibition (PIPOC 2025) from 18 to 20 November at the Kuala Lumpur Convention Centre (KLCC). The biennial event, organised by the Malaysian Palm Oil Board (MPOB) the nation’s leading oil palm research and development agency under the Ministry of Plantation and Commodities (KPK), is among the world’s largest platforms for knowledge exchange and innovation in the sector.

1 month ago
Tech premium

BI to link QRIS with Alipay, WeChat standards in China push

BI noted that harmonizing policies remained the main challenge in implementing cross-border QR payment initiatives abroad, noting that many countries, including China, had no unified standards.  

1 month ago
Regulations premium

Danantara raises Rp 50 trillion through patriot bonds, eyes project tenders this month

Danantara has raised Rp 50 trillion through its first so-called patriot bond, with part of the proceeds earmarked for renewable energy and waste-to-energy projects. The company expects to launch initial tenders by the end of October.

1 month ago
Companies

No supply disruptions after fire at Dumai oil refinery, Pertamina says

State energy firm Pertamina will divert fuel to supply some areas on Sumatra following a fire at its Dumai refinery, a company official said on Thursday, adding there were no supply disruptions.

1 month ago
Companies

US offers to buy stakes in Australian critical minerals companies

The US government has offered to buy equity in Australian critical minerals companies as part of a funding package to expand its supply and cut its reliance on China, executives recently returned from Washington said.

1 month ago
Tech premium

Data center players push for stricter backup, battery safeguards after Korea fire

Indonesia has also faced major disruptions, such as the 2021 fire at Jakarta’s Cyber 1 building, which temporarily shut down e-commerce platforms and payment gateways.

1 month ago
Economy premium

Exports of manufactured goods push trade surplus to highest in years

Indonesia has achieved the highest trade surplus in years thanks to soaring exports of manufactured goods as traders sought to place orders ahead of rising United States import tariffs.

1 month ago
Economy premium

Gold price spike lifts inflation to 2.65 percent in September

Rice, traditionally a major driver of inflation, provided relief in September, with prices falling for the second time this year after a decline in April.

1 month ago
Economy premium

Factory activity cools in September on softer production

Indonesia’s manufacturing PMI reached 50.4 in September, marking the second straight month to remain above the 50-point threshold, reflecting the general trend across Southeast Asia.

1 month ago
Companies premium

Finance minister slams ‘lazy’ Pertamina over refinery development delays

The newly installed finance minister has taken the state-owned energy giant to task for failing to develop any new refineries in the seven years since it pledged to build seven such facilities, burdening the state budget and dragging the government's energy independence efforts.

1 month ago
Economy premium

ASEAN businesses remain resilient but urge structural change

A survey from Boston Consulting Group (BCG) reveals that firms in Southeast Asia are sending a clear signal: what they need now are structural interventions at the regional level, not short-term relief.

1 month ago
Markets

Stocks retreat, gold hits record as US government shutdown begins

Wall Street futures slipped, gold struck a record high and Asian stocks wavered on Wednesday, as the deadline passed for a US government shutdown that is expected to delay the release of crucial jobs data and muddy the interest rate outlook.

1 month ago
Economy

US government lurches toward shutdown, Trump threatens fresh cuts

The US lurched toward a government shutdown on Tuesday as a vote to extend funding past a midnight deadline failed in the US Senate and President Donald Trump threatened to extend his purge of the federal workforce.

1 month ago
Regulations premium

Tapera in limbo after Constitutional Court strikes down law

The Public Housing Savings (Tapera) program is in limbo after the Constitutional Court struck down its legal basis, with judges declaring compulsory contributions from all workers and employers an unfair burden on both.

1 month ago
Companies premium

Antam still leans on imports as gold demand surges at home

Amid limited output and dwindling reserves, the state-owned gold miner is still importing the precious metal as demand surges and it develops its minting plant in Gresik.

1 month ago
Economy premium

Choosing a better path for tobacco excise

The country needs to shift from its complex, nine-tier excise system to a simplified, uniform excise rate, complemented by a funding mechanism and training program that protects livelihoods.

1 month ago
Economy premium

EU, RI to ‘soften’ nontariff barriers thanks to CEPA, says Trade Minister

The EU Deforestation Regulation (EUDR), which will tighten rules on trading commodities associated with deforestation, was among the EU policies that could be addressed by virtue of the provision.

1 month ago
Economy premium

Prabowo rolls out 26,000 subsidized homes amid sluggish program

Finance Minister Purbaya Yudhi Sadewa warned that he would pull FLPP funds if the Housing Ministry failed to fully absorb them for the subsidized housing program.  

1 month ago
Economy

Vance says US 'headed to a shutdown' after meeting with Democrats

US President Donald Trump and his Democratic opponents appeared to make little progress at a White House meeting aimed at heading off a government shutdown that could disrupt a wide range of services as soon as Wednesday.

1 month ago
Markets

Asian shares, gold rise on US shutdown watch; crude falls

Shares in Asia edged higher and gold continued its record climb on Tuesday as markets weighed prospects for a US government shutdown that would delay closely watched jobs figures.

1 month ago
Companies premium

Copper producers await extension of concentrate export permits

Indonesia's major copper producers are in talks with the government over export permits, as officials work to balance downstream ambitions with the practical challenges of smelter operations.

1 month ago
Regulations premium

Fishermen call for clearer $2.9b vessel upgrade program

President Prabowo Subianto previously announced the plan as part of his administration’s economic stimulus package, which includes repairing 1,000 vessels of 30 GT and larger vessels of up to 2,000 GT for state-owned enterprises.

1 month ago
Economy premium

RI to establish methanol, ethanol factories to curb imports

The government has announced that "several projects" are in the pipeline to produce the two alcohols for its biofuel programs, as part of the broader national aim to achieve energy and food security.

1 month ago
Tech premium

Authorities detain ex-Investree CEO over $165m fraud probe

Authorities tracked Adrian Gunadi to Doha, where he had been living as a permanent resident, after he fled Indonesia during the investigation.

1 month ago
Markets

Shares edge higher in Asia, dollar dips as US government risks shutdown

Most share markets rose in Asia on Monday while the dollar eased as investors braced for a possible shutdown of the US government, which would in turn delay publication of the September payrolls report and a raft of other key data.

1 month ago
Economy premium

EU appeals ‘into the void’ WTO ruling on RI biodiesel exports

The European Union plans to appeal a World Trade Organization ruling against Brussels’ import duties imposed on biodiesel from Indonesia, meaning the case is set to remain in limbo at the WTO’s paralyzed Appellate Body.

1 month ago
Regulations premium

Rushed SOE Law revision stops short of improving governance

If passed in the coming days, the amendment would “effectively dissolve” the ministry and replace it with the new agency, although its duties would remain “largely the same,” the government stated.

1 month ago

Today's ePost

Sat, November 8, 2025

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