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Jakarta Post
Economy premium

UK, RI partner on higher education to deal with ‘ridiculous cost’

Well-heeled Indonesians like to send their children abroad to give them an educational edge over their peers. While few can afford this, a bilateral partnership promises to let Indonesians obtain foreign degrees without even leaving the country.

2 years ago
Companies

Tokopedia wins big at this year’s annual CIO100 Awards

Foundry’s CIO100 2022 Awards recognizes the top 100 senior-technology executives and teams driving innovation, strengthening resiliency and influencing rapid change. ...

2 years ago
Companies

Astra’s 65th anniversary celebrations highlight inspiring figures in health care

The excitement surrounding Astra's 65th anniversary celebrations, which has been ongoing since February, has entered its final. ...

2 years ago

The Latest

Economy

Monday's EU-US trade talks overshadowed by tax concerns on climate measure

Top European Union officials intend to complain loudly to their US counterparts at a trade meeting on Monday about the bloc's electric vehicles being cut off from tax credits in US President Joe Biden's signature climate law.

2 years ago
Markets

Asian stocks up, dollar down as China eases more COVID measures

Asian stocks rose and the dollar weakened further as traders welcomed more easing of strict COVID containment measures in China that have hammered the world's number-two economy.

2 years ago
Regulations premium

EV producers upbeat over planned purchase subsidies

The country's EV industry association is optimistic that the government's plan to issue a purchase subsidy for electric motorcycles, possibly with one for electric cars to follow, will drive local EV adoption.

2 years ago
Companies premium

Executive Column: Roche readies ‘huge innovation’ for RI’s healthcare resilience

Roche Indonesia president director Dr. Ait-Allah Mejri spoke with The Jakarta Post’ to discuss the company’s experience in accelerating innovation and the development, prospects and opportunities in Indonesia’s biopharmaceutical industry.

2 years ago
Regulations

Lawmaker says EU should complain to WTO over US Inflation Reduction Act

The European Union should file a complaint with the World Trade Organization (WTO) in the next few months regarding the United States' green energy subsidy package, the head of the European Parliament's trade committee was reported as saying on Sunday.

2 years ago
Economy premium

Tito lambasts ‘wrong mindset’ in regions’ budget policies

Home Minister Tito Karnavian has criticized regional decision-makers for not doing enough to spend funds they have received to speed up investment and economic development.

2 years ago
Regulations

G7 coalition agrees $60 per barrel price cap for Russian oil

The EU agreed the price after holdout Poland gave its support, paving the way for formal approval over the weekend.

2 years ago
Regulations premium

BI to develop wholesale CBDC soon, experts suggest prioritizing on retail

Bank Indonesia has announced that its roadmap for the country’s own central bank digital currency (CBDC) named the “digital rupiah” will start with a wholesale design, in a move that may bring the country closer to finally implement the long-awaited digital currency.

2 years ago
Economy

World food prices ease further in November: FAO

The United Nations food agency's world price index fell marginally in November, marking an eighth straight monthly fall since a record high in March after Russia's invasion of Ukraine.

2 years ago
Companies

Tokopedia highlights local brands at the 2022 Beauty Awards

According to data collected by Statistics Indonesia (BPS), the cosmetics industry has grown by 9.61 percent since last year.

2 years ago
Economy

German exports fall as demand cools in Europe, US

German exports fell more than forecast in October, official data showed on Friday, as high inflation and supply chain snags hit demand in key trading partners, further raising the specter of recession for Europe's largest economy.

2 years ago
Economy premium

Indonesian banks reap geographic benefits, study finds

Banks in Indonesia and other countries of the region stand to gain from a stronger macroeconomic outlook, while European lenders face much bleaker prospects, according to McKinsey & Company, but emerging markets as a whole are no longer what they used to be.

2 years ago
Markets

Fed rate hopes weigh on dollar, stocks fall ahead of US jobs data

The dollar struggled to recover on Friday from its recent sell-off as traders grew confident the Federal Reserve will slow its pace of interest rate hikes, while an equities rally sputtered ahead of key US jobs data.

2 years ago
Companies premium

No quick progress in sight for Masela Block development

As the Abadi liquefied natural gas (LNG) project in the Masela Block remains in limbo, pressure is mounting for the government to create a more favorable investment climate for upstream development.

2 years ago
Tech premium

TipTip secures $13 million in Series A round led by East Ventures

East Ventures led another Series A funding round to the amount of US$13 million for TipTip, an Indonesia-based platform allowing content creators to monetize their works.

2 years ago
Economy premium

Stubbornly low demand squeezes Indonesian manufacturers harder

Indonesia’s purchasing managers’ index (PMI) contracted for two-month straight to 50.3 points in November, the slowest in five months, and just slightly above the expansion threshold of 50.

2 years ago
Tech

Bank BTN collaborates with IBM Consulting to modernize banking system

PT Bank Tabungan Negara (Persero) Tbk (BTN) has collaborated with IBM Consulting to modernize its banking system through the IBM Cloud Governance methodology to ensure security and compliance in the use of cloud computing in the banking industry.

2 years ago
Economy

IMF strategy chief heads to China, to focus on speeding up debt treatments

International Monetary Fund strategy chief Ceyla Pazarbasioglu said she will travel to China next week for high-level meetings, part of efforts to press the world's largest sovereign creditor for quicker progress on debt restructurings for countries in need.

2 years ago
Economy

Timor Leste opens new port in largest ever foreign investment

The $490 million port at Tibar Bay near the capital Dili is expected to expand trade for Timor Leste, one of the poorest countries in the region.

2 years ago
Markets

Asian stocks jump after Powell hints at rate hike slowdown

Asian equities jumped on Thursday, while the dollar slid as investors poured into risky assets after Federal Reserve Chair Jerome Powell opened the door to a slowdown in the pace of monetary tightening.

2 years ago
Economy premium

Global chaos could get in way of 2023 recovery, Jokowi warns

In a keynote address at the National Investment Meeting held on Wednesday, President Joko “Jokowi” Widodo explained that Indonesia and many other countries were facing economic woes that will be prolonged into 2023, and he expects a global recession to start “early next year”.

2 years ago
Companies premium

JD.ID denies disbanding its operations in the Indonesian market

Despite reports of JD Global's plans to pull the plug on its Southeast Asian operations have swirled for some time, JD.ID, its Indonesian counterpart, has denied the rumors

2 years ago
Regulations

Indonesian monetary policy will be front-loaded: BI

Bank Indonesia (BI) Governor Perry Warjiyo emphasized on Wednesday the need to adjust interest rates early to control inflation, which is near its highest rate in seven years.

2 years ago
Tech premium

Indonesia's ‘tech winter’ continues as Ajaib announces layoffs

Ajaib has become the latest fintech firm to be swept by the wave of layoffs in the local industry, announcing it is reducing its workforce by 67 employees.

2 years ago
Tech

Jack Ma living in Japan after China tech crackdown: report

Alibaba founder Jack Ma has been living in Tokyo for almost six months after disappearing from public view following China's crackdown on the tech sector, the Financial Times reported Wednesday, citing multiple unnamed sources.

2 years ago
Economy

China's factory activity contracts as COVID disruptions spread

China's factory activity shrank for a second straight month in November, official data showed Wednesday, as large swathes of the country were hit by COVID-19 lockdowns and transport disruptions.

2 years ago
Markets premium

Indonesians understand capital markets less despite retail investor boom: OJK

Financial literacy with regard to capital markets among Indonesians fell in 2022, according to the latest triennial survey from the Financial Services Authority (OJK), leading to concerns that the rapid increase in the number of investors is not commensurate with a rise in the understanding of the associated risks.

2 years ago
Page: 17

Today's ePost

Thu, July 13, 2023

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