TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
Markets

Asian shares fall, dollar firms ahead of central bank rate hikes

Asian shares fell on Monday while the dollar drifted higher at the start of a hectic week, as markets awaited a flurry of rate decisions from the US Federal Reserve, the European Central Bank and others.

2 years ago
Regulations premium

Panic, confusion over second-home visa sweeps expat community

Foreigners who have lived in Indonesia for years or decades are anxious about new visa rules that will kick in later this month and require that retirees hold substantial funds in the country. ...

2 years ago
Markets

US Fed poised for smaller rate hike with eye on wage growth

The US Federal Reserve is poised to slow its interest rate hikes next week, economists say, as central bankers' most forceful moves in decades to fight inflation ripple through the economy. ...

2 years ago

The Latest

Tech premium

F&B merchants bemoan ‘too high’ delivery fees

Online platforms have fundamentally changed the way food outlets operate, offering merchants wide market access on the one hand but also increasing competition on the other, while taking a sizeable chunk out of merchant's revenues in platform fees.

2 years ago
Economy premium

Consumer confidence drops, retail sales sluggish ahead of spending season

Consumer confidence has re-entered a downward trend after a brief rebound, while minuscule annual growth in retail sales does not bode well for household spending just weeks head of the year-end festive season.

2 years ago
Regulations premium

Finance omnibus bill: Govt, House reinstate ban on party 'cadres' running for BI posts

The government and the House of Representatives have reinstated a ban on party politicians running for executive posts at the country's monetary or financial institutions, which was eliminated in the 2004 revision of the Bank of Indonesia Law.

2 years ago
Economy

EU palm oil use and imports seen plummeting by 2032

In its 2022-2032 Agricultural Outlook, the Commission projected palm oil would account for 9 percent of total biodiesel output by 2032, down from an average 23 percent for 2019/2021.

2 years ago
Companies premium

GoTo shares nosedive on ‘external’ factors

Shares of GoTo have fallen 73.9 percent from their initial price when the delivery giant listed its stock in April, but the company maintains it is on track to profitability and that the drop in value was due to external factors.

2 years ago
Markets

Asian markets mixed with focus on US inflation data, Fed meeting

Asian markets were mixed Friday as optimism about China's economic reopening continues to face off against concerns about rising interest rates and a possible recession.

2 years ago
Economy premium

Ombudsman warns about maladministration in rice imports

The government needs to pay close attention to 12 indicators in accordance with Law No. 18 of 2012 concerning food to avoid maladministration in deciding about rice imports following recent changes, the Indonesian Ombudsman has warned.

2 years ago
Economy premium

Global recession impacts new ventures in Indonesia: McKinsey

A possible global recession may impact the rate of business expansion for new ventures in Indonesia, global consulting firm McKinsey & Company finds in its latest study.

2 years ago
Economy premium

Indonesia’s JETP may draw in more funds for SE Asia’s energy transition: Fitch

Indonesia’s Just Energy Transition Partnership (JETP) unveiled last month at the Group of 20 Summit in Bali will act as a catalyst to draw green investment into the wider region, a new report suggests, but the six-month period to firm up investment plans will be crucial.

2 years ago
Regulations

Former politicians to be allowed to head BI - sources

The House of Representatives and government have agreed on a clause in a new financial bill to allow former politicians to stand as central bank governor, three sources familiar with the discussions told Reuters.

2 years ago
Economy premium

Social commerce projected to contribute $42b in Southeast Asia’s online sales: study

Latest study forecasts social commerce to directly influence 25 percent or US$42 billion of annual e-commerce sales in Southeast Asia by the end of 2022, the majority of which happened on social-media platforms such as TikTok, Facebook and Instagram.

2 years ago
Markets

Asian markets mixed as recession fears dampen China optimism

Asian markets were mixed Thursday as sentiment was pulled in opposite directions by worries about a US recession and China's shift away from strict COVID restrictions.

2 years ago
Companies

Tokopedia Card named Best Credit Card at Asian Banker Indonesia Awards 2022

Swipe it, tap it and scan it. The credit card experience gets elevated with the Tokopedia Card and its award-winning reputation.

2 years ago
Economy

US floats new steel, aluminum tariffs based on carbon emissions

US officials are proposing to levy tariffs on steel and aluminum based on how much carbon the producing country's industries emit, in a bid to fight climate change and "dirty" metals made in China and elsewhere, two people familiar with the plan said on Wednesday.

2 years ago
Regulations

Local content requirement ‘a mistake’ for investment: AmCham

The American Chamber of Commerce in Indonesia (AmCham) has called on the government to reform issues inhibiting US investment in Indonesia.

2 years ago
Economy premium

Electrifying RI’s two-wheelers to catch the world’s biggest opportunities

The kind of growth we are about to see in the electric two-wheeler sector only comes along once in a generation. If investors and policymakers don’t catch the wave now, they will miss out on one of the world’s biggest opportunities.

2 years ago
Economy premium

Logistics issues may jeopardize rice imports as Bulog’s reserves run low

State Logistics Agency (Bulog), the government institution tasked with securing national staple food stocks, may face greater logistics challenges the longer the agency put off plans to seal the deal on import agreements with rice exporters.

2 years ago
Economy

China's trade shrinks sharply as feeble demand, domestic COVID woes take toll

China's exports and imports shrank at a much steeper-than-expected pace in November, as feeble global and domestic demand, COVID-induced production disruptions and a property slump at home piled pressure on the world's second-biggest economy.

2 years ago
Markets

Asian equities, oil prices dragged by recession fears

Asian investors extended a sell-off across global markets Wednesday while oil held losses on growing fears Federal Reserve monetary tightening will tip the US economy into recession.

2 years ago
Markets premium

Rupiah expected to see turning point in 2023 as Fed takes its foot off the gas

The rupiah is likely to take an unexpected turn toward appreciation against the United States dollar in 2023, resulting in lower imported inflation, both Bank Indonesia (BI) officials and economists projected.

2 years ago
Economy premium

Challenges amid recovery for Indonesian property sector in 2023

The Indonesian property sector is forecast to face great challenges in 2023 with lower growth. 

2 years ago
Regulations

Philippine lawmakers propose $4.9 bn sovereign wealth fund chaired by Marcos

Congressmen Sandro Marcos and Martin Romualdez -- the president's son and cousin respectively -- are among the six authors of the bill filed to the House of Representatives and will be examined by several committees before being debated in the house.

2 years ago
Tech premium

Tech firms in SE Asia struggle to find, retain talent: Study

The vast majority of start-ups in Southeast Asia are having a hard time recruiting qualified staff, and retaining them is an increasing problem.

2 years ago
Economy

IATA: Airlines to return to profitability in 2023

The airline industry will become profitable again next year for the first time since 2019 as a snapback in air travel continues following nearly two years of COVID-19 restrictions, an industry association said on Tuesday.

2 years ago
Regulations

EU agrees law preventing import of goods linked to deforestation

The European Union agreed on Tuesday on a new law to prevent companies from selling into the EU market soy, beef, coffee and other commodities linked to deforestation around the world.

2 years ago
Markets

Asian markets swing as Fed worries offset China COVID easing

Asian markets were mixed Tuesday as fresh fears that the US Federal Reserve will push interest rates higher than hoped played off against growing optimism over China's economic reopening.

2 years ago
Economy premium

‘Digital rupiah’ won’t cut out banks, fintech, BI claims

Bank Indonesia (BI) has said its plans to establish a central bank digital currency (CBDC) will not disrupt existing banking and digital payment systems, as it seeks to elbow out cryptocurrencies and pave the way for cooperation with other monetary authorities.

2 years ago
Page: 16

Today's ePost

Thu, July 13, 2023

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.