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Jakarta Post
Regulations premium

Gold rally sparks calls for BI to diversify beyond the dollar

Indonesia’s central bank currently holds only 80 tonnes of gold, just 5.9 percent of its total reserves.

16 hours ago
Regulations premium

Minister tells e-commerce platforms to stop sale of imported used clothes

The ministry summoned representatives of the Indonesian E-commerce Association (idEA), whose members include Shopee, Tokopedia and TikTok Shop, to follow up on President Prabowo Subianto’s order to curb illegal imports. ...

2 days ago
Regulations premium

Banks near full disbursement of $12b liquidity boost, cut borrowing costs

September's liquidity injection led to state-owned banks cutting their deposit rates by around 50 basis points (bps) and lending rates by around 11 bps, according to the Finance Ministry, which expects this to translate into stronger growth this quarter. ...

3 days ago

The Latest

Regulations premium

Prabowo revives plan to build giant seawall across Java coastline

Experts opined that building a vast concrete wall without addressing the root causes of land subsidence would not solve the region's problems.

1 year ago
Regulations premium

Indonesia unlikely to achieve Global South cooperation on critical minerals, govt says

A government official warns that successfully exploiting such links would be difficult due to distance and technological barriers.

1 year ago
Election Updates premium

Presidential campaigns eye eased approach to local content policy

The economic teams of all three presidential candidates have told an Apindo event that a gradual approach to achieving the local content target would help boost economic growth, downstream development and investments.

1 year ago
Election Updates

Jokowi says salary increase depends on fiscal, economic conditions

Jokowi said that salary increases for military and police personnel and civil servants were dependent on fiscal and economic conditions.

1 year ago
Regulations premium

Experts view Prabowo’s 50% debt-to-GDP ratio risk to fiscal stability

Experts warned that Prabowo's view implied a lack of understanding, which could risk the country’s fiscal sustainability if left unchecked.

1 year ago
Regulations premium

Energy ministry increases biodiesel quota for 2024

Following a relatively successful 2023 in terms of biodiesel absorption, the government has revised up this year's B35 biodiesel quota by 2 percent to 13.41 million kL.

1 year ago
Regulations premium

'Palm oil-free' claim stirs debate on product labeling rules

The Indonesian Palm Oil Association (GAPKI) and palm oil smallholders have protested the use of "palm oil-free" labels, while Trade Ministry regards the label as a negative campaign against food products containing palm oil.

1 year ago
Election Updates premium

Presidential candidates eye more tax on the rich, digital firms to raise revenue

All the candidates share a common plan to establish a new state revenue agency that requires the Finance Ministry to spin off and combine two of its revenue arms, namely the tax and customs and excise offices.

1 year ago
Election Updates premium

Dairy cows must be cheap, farmers say of Prabowo’s import pledge

The Indonesian Dairy Cooperatives Association (GKSI) wants the government to bear most of the cost of importing cattle.

1 year ago
Regulations premium

Govt misses EV two-wheeler subsidy target by huge margin

Indonesia’s subsidy program for electric motorcycles missed the mark last year, falling far short of its ambitious goal with only 11,532 units purchased out of the 200,000 targeted.

1 year ago
Regulations premium

Operator of Morowali nickel plant may face penalties after deadly explosion

Industry Minister Agus Gumiwang Kartasasmita said the disciplinary action would vary depending on the results of the ongoing investigation.

1 year ago
Regulations premium

RI looks to conclude trade agreements with Canada, Tunisia, Peru this year

The Trade Ministry aims to conclude agreements with a range of countries this year in its endeavor to diversify trade relationships.

1 year ago
Regulations premium

Miners offered tax incentives for reforestation near new capital

The move seen by environmental groups as failure to held polluters accountable and risked leaving damaged lands in other areas unattended.

1 year ago
Regulations premium

Low 2023 budget deficit not all good news, experts say

Indonesia posted the lowest budget deficit in years, but experts say the smaller-than-planned gap between state revenue and state expenditure also means the government could have done more to support economic growth.

1 year ago
Regulations premium

Upstream uncertainty preventing auction of 72 gas networks, BPH Migas says

Indonesia is aiming to reduce its reliance on gas imports by building natural gas distribution networks throughout the country.

1 year ago
Regulations premium

Indonesia kicks off 2024 with 10% e-cigarette tax to industry opposition

Following a so-called transition period of five years, the government has kicked off 2024 by imposing a 10 percent e-cigarette tax, sparking opposition from industry players.

1 year ago
Regulations premium

Experts warn new HSR station in Bandung will slow down Whoosh speed

Having more stations will lead to a longer overall travel time due to additional stops, experts warn.

1 year ago
Regulations premium

Yearender: Jakarta public transportation improves but many will still prefer cars

People living in the city and its surroundings will likely remain reliant on private vehicles, experts say, citing an urgent need for a drastic improvement of the public transportation system.

1 year ago
Regulations premium

As death toll rises, Morowali blast brings work safety squarely into focus

As the police revise the death toll from the Morowali nickel smelter furnace explosion on Christmas Day, the government is increasing scrutiny of work safety amid calls for regular audits.

1 year ago
Regulations premium

Ministry eyes more underground mining amid declining reserves

The government expects an uptrend in underground mining to take hold in the country as surface mineral reserves continue to decline.

1 year ago
Regulations premium

Cost, technology cast doubts on CCS plans

According to experts, implementing carbon capture and storage (CCS) in Indonesia within five years will be challenging because of the high costs of the novel technology and low expectations for scaling up.

1 year ago
Regulations

BOJ's Ueda signals chance of policy shift, progress on price goal

Bank of Japan Governor Kazuo Ueda said on Monday the likelihood of achieving the central bank's inflation target was "gradually rising" and it would consider changing policy if prospects of sustainably achieving the 2 percent target increase "sufficiently".

1 year ago
Presidential Race premium

Gibran defends his father’s policies

Analysts say President’s son was "assertive" despite making "incorrect answers".

1 year ago
Regulations

Choose wisely, armed with Pemiludamaipedia

Ministry of Communications and Informatics Republic of Indonesia (Kominfo) has published Pemiludamaipedia. Similar to an encyclopedia, Pemiludamaipedia consists of all the information regarding the presidential election, legislative election and regional head elections that will occur in 2024.

1 year ago
Regulations premium

BI sees no rate change until H2 2024 but keeps open mind to cutting sooner

Bank Indonesia (BI) expects to keep its benchmark interest rate at 6 percent for at least six more months to keep inflation at bay, in addition to ensuring rupiah stabilization.

1 year ago
Regulations premium

Local content rules holding back 9 renewable energy projects, PLN says

Nine new renewable energy projects worth a combined Rp 51 trillion have seen their financing dry up as a result of international lenders' unwillingness to meet government local content requirements, state-owned electricity company PLN said on Tuesday.

1 year ago
Regulations

Toyota shares sink after Daihatsu suspension, airbag safety concerns

Daihatsu said Wednesday it would suspend domestic and overseas shipments of all its vehicles in light of an independent panel's report that found it had been manipulating tests as long ago as 1989.

1 year ago
Regulations

Japan begins on-site inspection to Daihatsu

The independent probe found the malpractice dated back to 1989 and led Toyota to express its "sincere apologies" and pledge to carry out "a fundamental reform".

1 year ago
Regulations

Toyota recalling 1.12 million vehicles over potential air bag issue

The recall covers 2020 through 2022 model year vehicles including various Avalon, Camry, Corolla, RAV4, Lexus ES250, ES300H, ES350, RX350 Highlander and Sienna Hybrid vehicles and could result in the Occupant Classification System (OCS) sensors not working. It includes 1 million vehicles in the United States.

1 year ago
Regulations

Boeing closer to resuming China 737 MAX deliveries after regulator nod

Individual aircraft deliveries to China that were suspended in 2019 after two deadly crashes still need approval from China's National Development and Reform Commission (NDRC), the report said. 

1 year ago
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Today's ePost

Mon, November 10, 2025

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