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The Jakarta Post
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LPS lowers deposit insurance rates to 6.25 percent until end of year
Business 2 months ago

LPS lowers deposit insurance rates to 6.25 percent until end of year

The LPS has cut the deposit insurance rate for rupiah and foreign currency savings to 6.25 percent a...
Roadmap on single-use plastics to be ready by year end: Environment Ministry
Business 6 months ago

Roadmap on single-use plastics to be ready by year end: Environment Ministry

The roadmap will, among other things, provide guidelines for brand owners and producers fo...
Minister assures domestic LCC airfare cuts to start Thursday – with a conditional schedule
Business 7 months ago

Minister assures domestic LCC airfare cuts to start Thursday – with a conditional schedule

The Transportation Minister has made assurances over the planned cut to domestic airfares, but has a...
Darmin takes wait-and-see approach to Monday's LCC airfare cut
Business 7 months ago

Darmin takes wait-and-see approach to Monday's LCC airfare cut

The office of the top economy minister will be monitoring low-cost carrier airlines on Monday, when ...
Govt cuts income tax for luxury residences from 5 to 1 percent
Business 7 months ago

Govt cuts income tax for luxury residences from 5 to 1 percent

“The new rule on luxury residence taxes is significant because the business promises high marg...
Low-cost carriers to cut airfares amid public pressure
Business 7 months ago

Low-cost carriers to cut airfares amid public pressure

Amid growing protest, low-cost carriers agree to cut airfares, but only for selected routes and flig...
Kadin calls for less reliance on imported raw materials
Business 8 months ago

Kadin calls for less reliance on imported raw materials

About 76 percent of raw materials for the manufacturing industry is currently being imported.
Garuda closes routes, reduces flight frequencies in response to new airfare policy
Business 8 months ago

Garuda closes routes, reduces flight frequencies in response to new airfare policy

The airline has reportedly closed the Belitung-Singapore route and will also close the Jakarta-Londo...
Sriwijaya Air may close several routes if ceiling prices are lowered
Business 9 months ago

Sriwijaya Air may close several routes if ceiling prices are lowered

Sriwijaya Air president director Joseph Saul said on Tuesday the airline “like it or not&rdquo...
Boeing cuts 737 MAX output in wake of two deadly crashes
Business 10 months ago

Boeing cuts 737 MAX output in wake of two deadly crashes

Production will be cut to 42 airplanes per month from 52 starting mid-April, the company said in a s...
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