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Jakarta Post
Business premium

Global chip crunch stunts Indonesia car sales recovery

Automakers see the semiconductor shortage as preventing them from fully using a temporary tax cut on new cars to recover sales to prepandemic levels.

3 years ago
Business premium

XL profit falls in Q3 as tower sale income dries

Telco company XL Axiata saw its profit drop by 51 percent to Rp 1.01 trillion (US$70.86 million) in the January to September period, from Rp 2.07 trillion a year earlier. ...

3 years ago
Business premium

Bank KB Bukopin seeks to raise Rp 7.04t through rights issue

Publicly listed Bank KB Bukopin is seeking to raise trillions of rupiah in a rights issue later this month as part of its efforts to develop its technological infrastructure and expand lending to the small business and retail sectors. ...

3 years ago

The Latest

Business premium

Crypto marketplace Pintu raises $35 million in latest funding round

The app for trading cryptoassets like Bitcoin and Ethereum plans to use the investment to add more assets as it aims to attract more users in Indonesia, where the number of crypto investors has been growing fast.

3 years ago
Business

Global cooperation for emission reduction program

The assertion that carbon dioxide (CO2) must be reduced is widely accepted globally. A set of empirical studies has confirmed that carbon dioxide is the main cause of the greenhouse gas (GHG) effect. GHGs are believed to be responsible for global climate change, resulting in massive floods, crop failures and melting polar ice caps, which threaten the future of humans and other living beings on the Earth.   

3 years ago
Business

Skincare brand Utama Spice doubles sales during PPKM through online selling

In the last few years, skincare products with natural ingredients have been steadily increasing in popularity as a result of their health benefits.

3 years ago
Business premium

BI working with counterparts to reduce use of dollar

Bank Indonesia is working with other central banks and governments in the ASEAN region and China to reduce reliance on the US dollar for cross-border trade and investment.

3 years ago
Business premium

Pertamina officially takes over Rokan oil, gas block from Chevron

Pertamina Hulu Rokan (PHR) officially took over the Rokan block in Riau from PT Chevron Pacific Indonesia (CPI), a subsidiary of one of the world’s biggest oil companies, Chevron, on Monday.

3 years ago
Business premium

Tokopedia doubles down on e-groceries business

E-commerce Tokopedia is deepening its online groceries segment by digitalizing traditional markets and connecting app users with nearby grocery stores to seize the growing e-groceries market.

3 years ago
Business premium

Govt finally launches revamped OSS for business licensing

The President has hailed Monday's launch of the latest version of the OSS system, which is expected to speed up business licensing and boost Indonesia's EODB ranking, although it took three tries to a successful launch.

3 years ago
Business premium

Govt extends VAT cuts for new homes to year-end

The government has extended to December a VAT tax break on new houses, which has helped banks record second-quarter growth in housing loans.

3 years ago
Business

Asia stocks slip as gold slides, oil takes a spill

Asian shares wobbled on Monday amid sharp losses in gold and oil prices, while the dollar reached four-month highs on the euro after an upbeat US jobs report lifted bond yields.

3 years ago
Business premium

Govt bets on Q4 growth to cover Q3 losses

Coordinating Economic Affairs Minister Airlangga Hartarto has said the government will focus its resources on containing the second COVID-19 wave in the third quarter.

3 years ago
Business premium

RE100: Clean power initiative struggles to catch on in Indonesia

Can clean power pledges from private corporations help the country achieve its carbon targets while renewable energy in the country is hard to come by?

3 years ago
Business premium

Sri Mulyani calls for global help to foot $365b emissions reduction bill

Indonesia will need US$365 billion in investment to achieve its minimum 29 percent emissions reduction target by 2030.

3 years ago
Business premium

Bukalapak, first unicorn to list on IDX, gains 25% on day one

Bukalapak, after making history as the first unicorn start-up to list on the Indonesian bourse, did not disappoint on its first trading day.

3 years ago
Business premium

COVID-19 kickstarts homecare innovation trend among healthtech firms

Health tech start-ups in Indonesia are poised to focus on homecare innovations over the year after they saw major success with online consultation services, which gained widespread popularity amid the COVID-19 pandemic.

3 years ago
Business premium

Indonesia now has more crypto investors than stock market investors

There are now more crypto investors in Indonesia than individual retail investors registered with the Indonesia Stock Exchange (IDX).

3 years ago
Business premium

Semen Indonesia secures $220m investment from Japan

State-owned cement producer PT Semen Indonesia has reached a US$220 million deal to establish a strategic partnership.

3 years ago
Business premium

Indonesia GDP grows for first time since pandemic hit

Statistics Indonesia (BPS) reported on Thursday that Indonesia’s gross domestic product (GDP) grew 7.07 percent year-on-year (yoy) in the April-to-June period, which is the first GDP growth booked in five quarters, ending the pandemic-induced recession cycle.

3 years ago
Business premium

Strategic alliances to unfold new era in Indonesian oil and gas

A more collaborative system of strategic alliances is the way forward to meet Indonesia’s ambitious 2030 oil and gas aspirations.

3 years ago
Business premium

PLN, Masdar begin building biggest floating solar plant in Southeast Asia

The 145-megawatt Cirata floating solar power plant in West Java is expected to operate in November 2022.

3 years ago
Business

Asian stocks hold gains, dollar strong on Fed official comments

This week the MSCI Asian regional benchmark has walked back most of the ground lost a week earlier, when a series of Chinese regulatory crackdowns in sectors from property to education squeezed Chinese stocks and overshadowed the region as a whole.

3 years ago
Business

US recovery stumbles as private hiring slows sharply in July

After recovering strongly as widespread vaccinations allowed for an easing of pandemic restrictions, hiring by American firms slowed sharply in July, raising fears the US recovery may be running out of steam.

3 years ago
Business

Sri Mulyani calls on banks to boost lending as recover falters

The finance minister has called on commercial banks to pull their weight in efforts to revive Indonesia’s economy by issuing more loans, but bankers say there is simply not much demand for credit.

3 years ago
Business premium

Rent tax break for retailers comes into effect

The government has temporarily waived value added tax (VAT) on retail rent in view of the latest extension to the PPKM, but industry associations and retailers say more can be done to help the ailing sector.

3 years ago
Business premium

Govt reaches last leg of strategic project land acquisition plan

The Finance Ministry’s State Asset Management Agency (LMAN) has paid Rp 80.17 trillion (US$5.57 billion) owed to state-owned companies for land acquisition in 97 strategic national projects (PSN), including toll roads and irrigation systems, as of July 23.

3 years ago
Business premium

Govt bonds still worthwhile investment option despite lower yields: Analysts

Government bond yields have fallen further over the past few days to hit the lowest point since the end of the first quarter, but analysts say the debt obligations remain an option worth considering for low-risk investors.

3 years ago
Business

ADB, Citi, HSBC, Prudential hatch plan for Asian coal plant closures: Sources

Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia's coal-fired power plants in order to lower the biggest source of carbon emissions, five people with knowledge of the initiative said.

3 years ago
Business premium

Banks did better in H1 but it might be 'calm before storm'

While Indonesian banks saw improved performance in the first half of 2021, analysts warn that the second wave of COVID-19 and extended curbs may spell trouble for the industry in the second half.

3 years ago
Business premium

Govt halts new business licensing as updated OSS launch glitches for third time

Following two earlier postponements since June, the launch of the latest version of the Online Single Submission (OSS) system has been delayed yet again, hampering the country's bid to improve business licensing certainty and its ease of doing business.

3 years ago
Business premium

Improving sustainable Indonesian palm oil

Indonesia needs a globally accepted certification and widely and recognized carbon tax and trade mechanisms to ensure that its oil palm plantations are sustainable.

3 years ago
Business

Pandemic-hit JAL logs smaller loss of $531 million in April-June

Cost-cutting efforts also helped the major Japanese airline limit the red ink following its largest quarterly net loss of 93.71 billion yen reported a year earlier since its 2012 relisting. Sales grew 74.1 percent from the previous year to 133.03 billion yen.

3 years ago
Page: 14

Today's ePost

Tue, May 13, 2025

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