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Jakarta Post
Society premium

Biodiesel push risks reviving palm oil deforestation

Indonesia’s push to expand its mandatory palm-based biodiesel blend risks reversing a decade of declining deforestation linked to the commodity, as the government considers converting millions of hectares of “degraded forests” into plantations to achieve energy self-sufficiency.

3 hours ago
Markets premium

Rupiah touches new low on Fed hike bets, politics

A strong US dollar and domestic political uncertainty have pushed the rupiah to a new record low, even as Indonesian stocks rose Thursday after the latest action by index provider MSCI left investors unfazed. ...

4 hours ago
Companies premium

Haji Isam reportedly weighs bid for Eramet’s stake in Weda Bay Nickel

Coal tycoon Andi Syamsuddin Arsyad, better known as Haji Isam, is considering acquiring Eramet SA’s stake in one of the world’s largest nickel mines, Bloomberg reported, in a move that would mark the billionaire’s second major deal this year. ...

9 hours ago

The Latest

Politics

VP Gibran hands in resignation as Jokowi expresses support for Prabowo

The expression of support after the departure of Gibran Rakabuming Raka, Indonesia's highest profile resignation since that of president Soeharto in 1998, could soothe signs of strain in the political alliance of Prabowo and predecessor Jokowi.

9 hours ago
Companies premium

INA invests in Vena Group’s 2.8 GW renewable energy portfolio

Indonesia’s sovereign wealth fund is investing under a partnership with the Singapore-based solar and wind developer in projects at home and in the Philippines as part of a wider aim to accelerate the region's energy transition.

10 hours ago
Politics

BREAKING: Gibran hands resignation letter to Assembly

Gibran met with President Prabowo earlier on Thursday before arriving at the Senayan Legislative Complex at 11 a.m. to deliver his resignation letter in person to the Assembly.

12 hours ago
Economy premium

Indonesia, Norway strike carbon credit deal at COP31

The agreement, touted as one of the largest transactions to date under Article 6.2 of the Paris Agreement, targets the sale of 12 million tonnes of carbon dioxide equivalent by 2038.

12 hours ago
Archipelago premium

Suspended Cilacap regent sentenced to five years for extortion

Court proceedings and witness testimony showed that Syamsul sought to raise between Rp 500 million and Rp 700 million in March to provide holiday payments to members of the Cilacap Regional Leadership Coordination Forum (Forkopimda), which comprises the local police chief, military district commander and head of the district prosecutor's office.

14 hours ago
Politics

Gibran has tendered his resignation to President Prabowo, aide says

Gibran, the 39-year-old son of former president Joko "Jokowi" Widodo, has come under intense scrutiny from lawmakers following Constitutional Court and Supreme Court rulings last month that his education documents did not meet election requirements. 

15 hours ago
Middle East and Africa

Debris from intercepted missiles falls in Mecca region

Saudi state television identified the locations as Sabuhah village, about 35 km (22 miles) northeast of the Grand Mosque in Mecca, and Wadi al-Maghmas, about 21 km east of the mosque.

15 hours ago
Markets

Asian stocks fragile, Nvidia plummets as board to decide CEO's fate

Global stocks wobbled at the start of Asian trade on Thursday, while Nvidia shares plunged in after-hours trading on news that its board may oust longtime CEO Jensen Huang.

15 hours ago
Books premium

‘Yang Mulia’: A tale of family secrets and the shadows of May 1998

Originally published as The Majesties, Tiffany Tsao’s novel explores the secrets of a wealthy Chinese Indonesian family against the backdrop of Jakarta’s May 1998 turmoil.

15 hours ago
Editorial premium

Veep drama

With his elevation to the country's second-highest executive office being the outcome of political interference from his father, then-president Joko "Jokowi" Widodo, it was only a matter of time before his critics and detractors started to litigate the process.

16 hours ago
Society premium

Health Ministry considers banning vapes after MUI fatwa

The Health Ministry is considering banning vape distribution in the aftermath of the Indonesian Ulema Council (MUI) recently issuing a fatwa forbidding Muslims from using and selling vape products.

17 hours ago
Archipelago premium

Prabowo visits Aceh amid tensions over deadly flag clash

The kilometers-long national flag display came exactly a week after an Acehnese man was shot dead in a clash with soldiers in in Pidie regency on Nov. 4.

17 hours ago
Opinion premium

Analysis: Indonesia’s digital tax: Welcome, but not enough

Hashim Djojohadikusumo's recent remarks about tapping the Rp 10,000 trillion shadow economy have renewed attention on the government's efforts to expand digital tax collection. While the measure could generate additional revenue, it is unlikely to address the structural weaknesses underlying Indonesia's fiscal challenges.

17 hours ago
Archipelago premium

Fresh floods and landslides hit Aceh, hamper disaster recovery

Home Minister Tito Karnavian said floods and landslides had affected 13 regencies and cities across Aceh, North Sumatra and West Sumatra over the past week, repeatedly damaging infrastructure repaired during recovery efforts following last year's Cyclone Senyar.

17 hours ago
Economy premium

Danantara doubles overseas bets as Indonesia seeks capital at home

The state asset fund plans to increase overseas investments and establish offices in major financial hubs, even as experts question whether its expanding international footprint will deliver enough benefits to the domestic economy.  

17 hours ago
Politics premium

House presses ahead with Gibran impeachment

The House of Representatives is pressing ahead with plans to impeach Vice President Gibran Rakabuming Raka as uncertainty over his resignation plan sparked confusion, with analysts suggesting he may be delaying a formal announcement to gauge whether he can still win public support.

18 hours ago
Archipelago premium

Yogyakarta crackdown leaves dozens unreachable

Rights groups have called for an independent investigation into alleged excessive force and arbitrary arrests during a protest in Yogyakarta that descended into violence on Tuesday night, with dozens of demonstrators reportedly still unaccounted for on Wednesday.

1 day ago
Archipelago premium

Riau fisherman found dead in crocodile’s jaws

Residents in Raja Bejamu village, Sinaboi district, in Rokan Hilir regency managed to catch a crocodile in Raja Bejamu River, which has been terrorizing villagers in the past few months.

1 day ago
Asia & Pacific

Nepal urges climate justice for Himalayas at COP31

Foreign Minister Shisir Khanal calls for a dedicated action plan for mountain regions and says limiting global warming to 1.5°C is critical to protecting the Himalayas.

1 day ago
Americas

Nvidia CEO affair revives push for tougher US line on China

Huang, who co-founded Nvidia and turned it into the world's leading supplier of the processors that power artificial intelligence, admitted on Sunday to an affair with Alice Huang, a former executive at Singapore-based Megaspeed whom US intelligence officials believe was working for Chinese intelligence.

1 day ago
Economy premium

Prabowo set to open CEPA talks with Xi during APEC summit

President Prabowo Subianto plans to start preliminary talks with his Chinese counterpart Xi Jinping on a Comprehensive Economic Partnership Agreement (CEPA) between the two countries on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit.

1 day ago
Regulations premium

IDX tightens screening, flags 383 stocks for concentrated ownership

The Indonesia Stock Exchange (IDX) has tightened its screening mechanism to identify stocks with high shareholding concentration (HSC) in its latest push to improve market transparency, raising the number of stocks classified under the category to 383.  

1 day ago
Society

Indonesia forest fires burned through nearly 2.9 million hectares

The burned area figure -- 18 times the size of London -- has increased nearly a million hectares since deforestation monitoring site Nusantara Atlas's last update in September.

1 day ago
People

Chinese woman accused of spying on Nvidia boss entered Taiwan on Hong Kong passport

Jensen Huang has admitted to having an affair, reportedly with Alice Huang, a Chinese former executive at Singapore-based Megaspeed who US officials believe was working for Chinese intelligence. Beijing has rejected the spying allegations.

1 day ago
Politics

120 lawmakers sign petition that could lead to Gibran's impeachment

Gibran, the son of former president Joko "Jokowi" Widodo, has come under intense scrutiny following rulings last month by the Constitutional Court and the Supreme Court saying that his education documents did not meet election requirements. 

1 day ago
Companies premium

PGN to upgrade pipeline network for renewable gas push

PT Perusahaan Gas Negara (PGN) is preparing its 34,267-kilometer infrastructure network to support biomethane transmission for its renewable gas business.

1 day ago
Archipelago

Police detain dozens after night of protest violence in Yogyakarta

The violence followed demonstrations across several Indonesian cities on Tuesday over the government's management of the economy, its handling of devastating wildfires and stagnant wages.

1 day ago

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