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Jakarta Post
Economy premium

Govt aims to reduce airfares by 10 percent by October

Tourism and Creative Economy Minister Sandiaga Uno said the price reduction would help regions where airline tickets were more costly than average, particularly destinations in eastern Indonesia and Sumatra.

11 months ago
Finance

Hello Hear her TJP

Hello Hear her TJP  ...

1 year ago
Finance

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1 year ago

The Latest

Economy

Maneuvering toward sustainable energy transition in Indonesia

Renewable energy is a pressing issue that is challenging the world today. The pandemic has taught the world a valuable lesson: to be more serious about responding to climate change. It is undeniable that humans need energy to carry out their daily activities.

2 years ago
Economy premium

Jokowi to soon announce candidates for BI governorship

The President says that if not by today, he will choose his nominees for BI Governor Perry Warjiyo's successor by Wednesday.

2 years ago
Economy premium

With Japan's new central bank boss, Kishida bids farewell to Abenomics

The tricky task of steering the Bank of Japan (BOJ) out of years of ultra-low interest rates without upending markets required the skill to read markets and clearly communicate policy intentions, both domestically and internationally.

2 years ago
Economy premium

BI stops hiking interest rates after months of hawkish stance

The central bank also prepared a time deposit facility to encourage exporters to store foreign exchange receipts in country.

2 years ago
Economy premium

'Global South must push back' for multilateral world order: Rockefeller Foundation

The Rockefeller Foundation says countries of the so-called Global South, home to 85 percent of the world’s population, must claim a greater role in shaping the future of the planet.

2 years ago
Economy premium

Manufacturing industry key to solving electricity oversupply bottleneck

Getting more manufacturing facilities to use electricity generated by the state electricity firm PLN could be the easiest way to tackle the country’s electricity supply glut, energy experts say.

2 years ago
Economy premium

Indonesia achieves high surplus despite lower exports of CPO, iron and steel

On a monthly basis, the trade surplus is lower than the previous month, due to a downward trend in exports for the past five months.

2 years ago
Economy premium

Promoting biomass as a source of renewable energy in Indonesia

As part of reaching net-zero by 2060, Indonesia plans by 2025 to produce energy from renewables as much as 23 percent. This renewable energy is contributed by hydro energy (8 percent), geothermal (7.5 percent), biomass (6 percent), and other renewable energy (1.5 percent).

2 years ago
Economy

Japan GDP rebounds less than expected in fourth quarter

Japan's economy expanded just 0.2 percent in the last quarter of 2022, a smaller rebound than expected despite the long-awaited reopening of the country to tourists, government data showed Tuesday.

2 years ago
Economy premium

Govt invites US investment while 'not taking sides'

The Indonesian government remains committed to its long-standing free and independent foreign policy doctrine while pursuing opportunities for cooperation with United States firms on critical minerals and electric vehicles.

2 years ago
Economy premium

Retail sales to rebound, as consumer confidence rises: BI surveys

The retail sales index rebounded in January after months of sluggish growth, while consumer confidence continued to increase in January. 

2 years ago
Economy premium

Investors eye new capital but stay on sidelines ahead of elections

The Nusantara Capital City (IKN) Authority reported increasing interest from firms looking to put funds into the project, but few are willing to commit ahead of the 2024 election. 

2 years ago
Economy premium

Slow investment growth taints Indonesia's strong GDP report

Slow growth in gross fixed capital formation points to problems in the real sector, analysts say, though they disagree on how big a problem that is.

2 years ago
Economy premium

Consumer spending insights from 2022 to early 2023

Looking back at consumers' spending behavior over the past year and into the early part of the year indicates some optimism for 2023.

2 years ago
Economy premium

Indonesia’s GDP growth reaches nine-year high

Indonesia’s economy grew at the fastest pace since 2013 last year, marking the highest economic output since President Joko “Jokowi” Widodo took office.

2 years ago
Economy

Like Musk, nickel-rich Indonesia has high electric vehicle ambitions

Armed with the world's largest reserves of nickel and a ban on the export of nickel ore, Indonesia is making itself indispensable for the electric vehicle industry, which uses the metal extensively.

2 years ago
Economy premium

UK to provide $1.25b in MRT as it dubs RI ‘powerhouse’ economy

The UK government will make available US$1.25 billion for the development of the MRT Jakarta project with the possible involvement of Crossrail International, Mott Macdonald and six other undisclosed UK companies.

2 years ago
Economy premium

Global recession unlikely, economist tells Jakarta audience

With inflation pressure appearing to relent somewhat across the world, some economists are more optimistic about 2023 being a year of global recovery, with Indonesia’s strong fiscal position giving the country an edge.

2 years ago
Economy premium

Development of East Natuna gas field faces challenges

Analysts expect the global shift to renewable energy and technical problems to pose key challenges as the government scouts for investors to develop oil and gas blocks in Natuna, Riau Islands.

2 years ago
Economy premium

Inflation softening to 5.28% further alleviates pressure on BI

Indonesia’s inflation mellowed in January but remains well above the central bank’s target and varies widely from one city to another.

2 years ago
Economy premium

Planting operational excellence to build sustainable and resilient PTPN

Indonesia is a country in a period of fruitful growth, and the nation’s successful agricultural industry is the fertile heart of that journey. Agriculture, specifically plantation, accounts for almost a third of total employment across the country and contributed almost 7 percent of Indonesia’s GDP as of 2021.

2 years ago
Economy premium

Indonesia eyes China, India, Russia to recover tourism

The tourism and transportation ministries have received a directive from the President to focus on capitalizing on strong demand among travelers in the three countries to visit Indonesia.

2 years ago
Economy premium

How Indonesia should navigate the polycrisis world

We have long been living in a rapidly changing environment, and we tend to think the new chapter of a decade will be different. This is often the case. However, as we entered the decade of the 2020s, we began to face entirely new problems and challenges. Indeed, those problems have come after one another and have created significant challenges.

2 years ago
Economy

China factory output rebounds on zero-COVID relaxation

China's factory activity expanded in January after months of contraction, official data showed Tuesday, as the world's second-largest economy stirs back to life after Beijing ended strict COVID curbs.

2 years ago
Economy

Govt boosts annual coal mining target to 695m tonnes

The Energy and Mineral Resources Ministry has raised the country’s annual coal production target to 695 million tonnes this year to cater to robust demand for the commodity.

2 years ago
Economy premium

Indian sugar mills to close early as rain hits cane supply

The western state of Maharashtra, which accounts for more than a third of the country's sugar output, could produce 12.8 million tonnes of sugar in the 2022/23 marketing year that began on Oct. 1, down from an earlier forecast of 13.8 million tonnes, Maharashtra's sugar commissioner Shekhar Gaikwad said.

2 years ago
Economy premium

Funding, research hamper Indonesia's seaweed potential for biofuel

As the world's largest seaweed exporter, the commodity has the potential to help Indonesia achieve net zero target, but challenges on funding and research stand in the way. 

2 years ago
Economy

US growth slows in 2022 as downturn fears loom

The US economy grew at a slower pace in 2022 but performed better than expected in the final months of last year, the Commerce Department said Thursday, as recession fears loomed.

2 years ago
Economy premium

Indonesia to accelerate oil and gas exploration amid high prices

The upstream oil and gas regulatory body has expanded the country's exploration and targets for this year to banking on higher firms' revenue driven by last year’s price surge for crude.

2 years ago
Economy premium

2022 investment exceeds target as mining sector roars

Indonesia has exceeded its target for realized investment in four consecutive years as the mining sector in conjunction with the development of downstream industries attracted vastly greater funding last year.

2 years ago

Today's ePost

Thu, July 13, 2023

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