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Regulations 1 year ago
PREMIUM
Planned consumer stimulus faces lack of policy coordination
People and institutions responsible for implementing the stimulus measures were left without knowledge of the plan. Such a lack of coordination could dampen the effectiveness of the policy, which is intended to boost the economy.
Opinion 1 year ago
PREMIUM
Analysis: State-owned banks overhaul leadership, coordinate buybacks
In a sweeping move that reshaped Indonesia’s financial landscape, the annual shareholders’ meetings (RUPS) of state-owned banks Bank Rakyat Indonesia (BBRI), Bank Mandiri (BMRI), and Bank Negara Indonesia (BBNI) not only approved multi-trillion-rupiah share buyback programs but more importantly ushered in a new era of leadership at the country’s largest state-owned banks. Market reacts positively to this sudden overhaul, with the Jakarta Composite Index (JCI) rebounding slightly on the final trading day before the long holiday. The index closed at 6,510.62 on Mar. 27, marking a 0.59 percent increase from the previous day’s close.
Editorial 1 year ago
Erick’s naturalization gamble
Indonesia might finally add a notch to its soccer milestones if and when its men's team reaches the 2026 World Cup finals, but this will likely come at the cost of local talent, seeing as the current lineup consists of predominantly naturalized players.
Sports 1 year ago
PREMIUM
Kluivert praises tactical tweaks, fan support for Indonesia’s hopes in World Cup
Netherlands and Barcelona legend Patrick Kluivert, who took charge of the Indonesian national team in January, reflected on his first victory in an exclusive interview with The Jakarta Post in Jakarta on Friday.
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