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Jakarta Post
Economy premium

Gaikindo pushes for stimulus, govt weighs vehicle tax cut

An automotive industry executive says quick policy intervention is needed to stimulate demand in the lackluster car market.

1 month ago
Economy premium

Golden Visa investment hits Rp 48 trillion, govt says

Indonesia has generated Rp 48 trillion (US$2.86 billion) worth of investment in connection with the issuance of the Golden Visa, a special residency permit introduced last year to invite foreign investors to the country.   ...

1 month ago
Companies

US permits Boeing to resume certifications on some planes

The US-based airplane manufacturer had previously been granted authority for the certificates, but the FAA removed the power following deadly crashes as well as production and safety problems involving Boeing jets. ...

1 month ago

The Latest

Tech

Facebook, Instagram to offer paid ad-free UK subscriptions

The US tech giant said the move comes "in response to recent UK regulatory guidance," noting that the subscription model gives users a choice over whether to allow personalized ads.

1 month ago
Economy premium

Fresh grads pin hopes on new internship program amid poor job prospects

With few vacancies on offer, young Indonesians are looking to enter the jobs market through the government’s new internship program, but will they find permanent employment at the end of it?  

1 month ago
Economy premium

Oil palm farmers’ woes over land, replanting overshadow EU trade deal

Representing 40 percent of total plantation area, their challenges could limit the country’s ability to seize the export opportunities offered by the Comprehensive Economic Partnership Agreement (IEU-CEPA).

1 month ago
Regulations

Govt did not order state banks to raise dollar deposit rate: Finance minister

Finance Minister Purbaya Yudhi Sadewa said on Friday he did not instruct state banks to raise their United States dollar deposit rate to 4 percent, and that the government was still considering what incentives to offer to bolster the domestic US dollar supply.

1 month ago
Regulations premium

Govt puts PLN in charge of cross-border electricity trade

New regulation effectively designates state-owned electricity utility PLN as the sole aggregator for electricity imports and exports.

1 month ago
Companies premium

Freeport sees copper, gold output plunge after Grasberg landslide

The company has outlined a phased restart strategy for the mine, with full recovery to pre-incident operating rates targeted for 2027.

1 month ago
Economy

Trump slaps fresh US tariffs on heavy trucks, drugs and furniture

President Donald Trump on Thursday unveiled a fresh round of punishing tariffs on a broad range of imported goods, including 100 percent duties on branded drugs and 25 percent tariffs on heavy-duty trucks, set to come into force next week.

1 month ago
Economy premium

I-EU CEPA opens door to EU but small businesses will struggle to enter

Duty-free access to the European Union market is supposed to help Indonesian micro, small and medium enterprises (MSMEs), but trade associations doubt it will be a panacea for boosting exports without tackling costs, compliance and capacity.

1 month ago
Economy premium

RI, Canada ink trade pact amid US pressure

The CEPA, set to take effect in 2026, is expected to create a more predictable environment for investment in critical sectors such as clean technology, critical minerals and financial services.

1 month ago
Regulations premium

SOEs Ministry to be downgraded to agency under new bill

The proposal is part of a broader set of revisions to the SOEs Law, which is included in the 2025 Priority Legislative Program (Prolegnas).

1 month ago
Economy

Hong Kong, Sri Lanka, Chile and Bangladesh seeking to join RCEP

The RCEP currently consists of China, Japan, South Korea, Australia, New Zealand and all ten members of the Association of Southeast Asian Nations. 

1 month ago
Regulations premium

Govt launches new subsidy scheme to boost 3 million homes program

The Finance Ministry has introduced a new subsidy scheme as the government struggles to make headway on its plan to build or renovate 3 million homes a year.

1 month ago
Economy premium

INA seals $594m financing deal with Canada’s state lender

EDC allocated financing for Indonesia’s sovereign wealth fund, particularly for projects in priority sectors such as infrastructure, cleantech, renewable energy, as well as agriculture and food.  

1 month ago
Tech

Apple asks EU to scrap landmark digital competition law

Apple asked the European Union to scrap its landmark digital competition law on Thursday, arguing that it poses security risks and creates a "worse experience" for consumers.

1 month ago
Economy premium

WTO insists on its relevance despite rising protectionism

The World Trade Organization continues to play an important role in global trade despite its reduced ability to settle disputes between countries in an increasingly protectionist world.

1 month ago
Economy

United States to seal Southeast Asia trade deals in coming months

Greer was speaking in Kuala Lumpur at the start of a meeting with economic ministers from the 10-member Association of Southeast Asian Nations, amid concerns within the export-reliant bloc over the impact of US tariffs on their economies. 

1 month ago
Regulations premium

Finance Minister cracks down on illegal cigarettes

Minister Purbaya said he had also summoned e-commerce platforms, including Tokopedia and Blibli, urging them to prevent the sale of illegal cigarettes on their marketplaces.

1 month ago
Economy

US to seal Southeast Asia trade deals in coming months

Tariff rates have been set at 19 percent and 20 percent for most of the region. Laos and Myanmar have been hit with a 40 percent rate, while Singapore has a 10 percent tariff.

1 month ago
Regulations premium

Internship program 'not social aid', govt says

The program, which aims to “link and match” new graduates with industries, will require a total budget of Rp 198 billion in its first stage of implementation.  

1 month ago
Economy premium

IEU-CEPA to help iron out ‘any’ remaining bilateral trade issues

The focal points of debate and disagreement shifted repeatedly over the years, ranging from palm oil policy to taxation, deforestation and ever-changing trade regulations.

1 month ago
Economy premium

Domestic palm oil consumption surges as exports decline

A webinar on Monday discussed some of the challenges facing the palm oil industry in the country, which was now the world's largest producer and consumer of the commodity.

1 month ago
Regulations premium

Pertamina-retailers fuel deal sparks price, quality concerns

The Energy Ministry stated that the policy would be used only as a last resort, and only until the end of the year, if local fuel stocks of private retailers were critically low.

1 month ago
Economy

OECD ups world economic outlook as tariffs contained, for now

The world economy will grow more than previously forecast this year after absorbing the shock of US President Donald Trump's tariffs, but their full impact remains uncertain, the OECD said Tuesday.

1 month ago
Markets

Bank fossil fuel financing twice that for alternatives: Study

Top global banks such as HSBC, JP Morgan and Santander had between 2021 and 2024 allocated only $1,368 billion "for sustainable power such as solar, wind, and related infrastructure ... while $3,285 billion was allocated to fossil fuels," it said.

1 month ago
Regulations premium

House passes higher spending 2026 state budget into law

The House of Representatives has agreed on a key medium-term plan to shift the country’s growth strategy from debt-driven to revenue-driven.

1 month ago
Economy premium

Tourism SEZs’ prospects in driving investment and destination development

Bali, Batam, Bintan, Mandalika and Likupang are prime examples of areas projected to continue their growth as hubs for regional and international tourism.

1 month ago
Economy

Indonesia, EU sign long-awaited trade deal

The EU is Indonesia's fifth-largest trading partner with bilateral trade reaching $30.1 billion last year.

1 month ago

Today's ePost

Sat, November 8, 2025

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