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Jakarta Post
Markets

Dollar rises to six-week high on rate hike bets and war uncertainty

The US dollar hit a six-week high on Wednesday as investors came to terms with the possible need for higher interest rates to tackle inflation resulting from the Iran war.

2 hours ago
Asia & Pacific

Xi and Putin to dine over Peking duck, Chinese opera and Swan Lake

A programme and menu reported by TASS showed guests would be offered an array of cold "zakuski" hors d'oeuvres, prawn soup, beef in bean sauce, Fuzhou noodles, pumpkin pastries, fruits.  ...

4 hours ago
Regulations premium

Govt mandates coal, CPO exports through state agency

Speaking before the House of Representatives’ plenary on Wednesday, Prabowo said the policy was aimed at curbing under invoicing and transfer pricing, in which exporters underreport shipment volumes to reduce tax obligations. ...

11 hours ago

The Latest

Middle East and Africa

First of hundreds of detained Gaza flotilla activists arrive in Israel

The Global Sumud Flotilla set sail from Turkey last week in the latest attempt by activists to breach Israel's blockade of the Palestinian territory, after Israeli forces intercepted a previous convoy last month.

6 hours ago
Regulations

What is President Prabowo's new plan to control export of key commodities?

The full force of the new policy will come into effect after a transition period that has been set at three months but can be extended to the end of the year.

6 hours ago
Society premium

Indonesia steps up Ebola surveillance after deadly Africa outbreaks

Indonesia has tightened health screening at airports and other entry points following deadly Ebola outbreaks in the Democratic Republic of Congo (DRC) and Uganda, as authorities race to prevent imported cases of the highly infectious disease that has killed more than 130 people in Central Africa.

8 hours ago
Economy premium

Purbaya raises conflict-of-interest concern in Mandalika SEZ dispute

The case centers on PT Perusahaan Air Indonesia Amerika (PAIA), a foreign investment joint venture backed by investors from the United States, Singapore and Saudi Arabia, which alleged it had been unfairly treated by state-owned firm ITDC.

9 hours ago
Regulations premium

BI hikes key interest rate by 50 bps to stabilize rupiah

Bank Indonesia (BI) has increased its benchmark interest rate by 50 basis points (bps) to stabilize the rupiah, blaming the recent depreciation of the Indonesian currency on external pressure.

9 hours ago
Economy premium

Weak rupiah puts pressure on strategic projects

The rupiah’s depreciation has raised the costs for Indonesia’s National Strategic Projects, with contractors warning of squeezed margins, cash flow strain and potential construction delays for import-heavy infrastructure works.

10 hours ago
Quick Dispatch

PNM ULaMM customer in Bali turns beach wood waste into export crafts

Wayan Sudira, an entrepreneur from Bali and a customer of PT Permodalan Nasional Madani (PNM) through its ULaMM (Micro Capital Service Unit) program, transforms what was once considered beach waste into export-quality handicrafts.

1 day ago
Asia & Pacific

Putin, Xi hail 'unyielding' ties in talks after Trump visit

President Xi Jinping hailed China and Russia's "unyielding" ties in talks with Vladimir Putin on Wednesday, as the pair met to underscore their alliance days after Donald Trump's visit to the Asian superpower economy.

11 hours ago
Academia

Want to jump into the 'China is back' rally? Tread carefully

"China is back" is a common refrain among investors. However, stock-picking in China remains as hard as ever.

12 hours ago
Academia premium

Science parks won’t solve Indonesia’s innovation problem

Indonesia keeps building shiny technoparks to celebrate innovation, but until its institutions actually reward risk and accept failure, it is merely building the container while ignoring the broken system inside.

13 hours ago
Economy premium

BREAKING: Govt eyes 6.5 percent economic growth in 2027

In a speech outlining the Macroeconomic Framework and Fiscal Policy Points (KEM-PPKF), Prabowo told the House of Representatives on Wednesday that the deficit for 2027 was set at 1.8 to 2.4 percent of gross domestic product (GDP), below the legal cap of 3 percent.

13 hours ago
Regulations

Indonesian ministers meet Chinese ambassador, firms after complaint letter

In a letter earlier ​this month to President Prabowo Subianto, copied to ​China’s ⁠embassy and seen by Reuters, the China Chamber of Commerce in Indonesia said ⁠Chinese ​firms faced "excessively stringent regulation, ​over-enforcement", and alleged corruption and extortion by authorities.

14 hours ago
Interview premium

International cooperation key in facing emerging naval threats: Dutch Navy commander

The Netherlands and Indonesia can exchange knowledge on operations in the sea, straits and exclusive economic zones, says Royal Netherlands Navy commander Vice Adm. Harold Liebergs.

14 hours ago
Academia premium

Why Indonesian workers remain in the safety paradox

Indonesia’s workplace safety system is highly certified on paper, but a skyrocketing accident rate reveals a tragic reality: we are regulating compliance while completely failing to control real-time risks.

14 hours ago
Archipelago premium

Between loss and hope: Indigenous women behind North Sumatra’s decades-long land conflict

Although Nurinda has finally been able to return, years of abandonment have devastated the farm. Nearly 90 percent of her coffee crops are gone, wiping out the harvest her family once depended on for income.

14 hours ago
Economy

Under Trump pressure, EU agrees to implement US trade pact

EU lawmakers and member states reached a deal in the early hours of Wednesday to implement the bloc's nearly year-old trade pact with the United States, with President Donald Trump threatening new tariffs unless it is done by July 4.

14 hours ago
Academia premium

When volatility is good politics

The Iran war has revealed how deeply material interests are embedded in strategic calculations, concentrating rewards among powerful insiders while leaving society to absorb the costs. As long as chaos remains politically and economically rewarding, such conflicts will remain difficult to contain.

15 hours ago
Middle East and Africa

US, Iran trade threats but Trump says Tehran wants peace deal

Trump told reporters at the White House that he had been just "an hour away" from relaunching Washington's attacks on Iran before postponing the order, after weeks of a fragile ceasefire and talks to end the war, which began on February 28.

16 hours ago
Academia premium

Reforming the National Police or preserving the status quo?

The Police Reform Acceleration Committee’s 3,000-page report exposes deep systemic ailments within the National Police, yet by keeping the force directly under presidential control, it risks preserving the political status quo under the guise of reform.

16 hours ago
Academia premium

Dollar blind spot could deepen Indonesia's currency crisis

Rather than attempt to downplay the rupiah's slide through well-meaning but ultimately misleading political statements that inevitably dismiss the plight of rural communities, realpolitik based on honesty backed by data is the best policy approach.

17 hours ago
Opinion premium

Analysis: Reforming the National Police beyond the status quo

There is renewed hope for police reform following President Prabowo Subianto’s approval of the police reform committee’s recommendations. Although several points merely preserve the status quo, the recommendations also call for more substantive action, particularly a revision of the 2002 National Police Law.

17 hours ago
Middle East and Africa premium

Indonesia joins push to free Gaza flotilla detainees

Indonesia and nine other countries have condemned Israel’s interception of a Gaza-bound aid flotilla as a “blatant” breach of international law, while demanding the immediate release of activists detained during the humanitarian mission, including five Indonesians.

18 hours ago
Archipelago premium

Riau ready to evacuate residents from flooding areas after fighting forest fires

Earlier in the year, BPBDs across Riau were fighting forest fires because of a forecasted long dry season but high rainfall in the past few days has swept most of forest and land fires and caused flooding, instead.

18 hours ago
Politics premium

Disinformation used to silent government critics, says Amnesty

Coordinated disinformation campaigns targeting government critics have proliferated in Indonesia under the leadership of President Prabowo Subianto, contributing to the silencing of dissent and intimidation against activists, journalists and the wider public, Amnesty International said on Tuesday.

18 hours ago
Editorial premium

Indonesia is officially aging

As its population graying at an unprecedented rate, Indonesia must pivot from viewing its elderly as a cultural burden to designing proactive policies that transform them into a national asset.

18 hours ago
Regulations premium

Danantara takes flak for not publishing financial reports

Analysts say a decision by state asset fund Danantara not to make its financial reports public will hurt investor confidence.

1 day ago
Politics premium

Prosecutors seek 5 years in prison for ex-deputy manpower minister in extortion case

Prosecutors from the Corruption Eradication Commission (KPK) have demanded a five-year prison sentence for former deputy manpower minister Immanuel “Noel” Ebenezer over extortion schemes tied to workplace safety certifications at the ministry.

1 day ago

Today's ePost

Thu, May 21, 2026

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