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Jakarta Post
Regulations premium

Planned bullion bank may entail financial system risk, experts warn

A new bill currently being deliberated looks set to legalize bullion bank services in the country, but experts warn such a step may carry risks for the country’s financial system and are urging the authorities to set up measures to contain the risks.

2 years ago
Companies

Citi to co-exist, co-create with Indonesian fintech industry

Having sold its retail business in Indonesia, Citi is now focusing its services on institutional customers to go through a business transformation and accelerate digitalization in the country to benefit from the potential exponential growth of the country’s digital economy. ...

2 years ago
Regulations premium

Indonesia admits defeat in WTO nickel-export dispute

The government has admitted that the World Trade Organization ruling on its nickel export ban was in favor of the European Union but vows to appeal in a process that could buy the country years of time to build up domestic processing industries. ...

2 years ago

The Latest

Regulations

Jokowi warns ministers to avoid UK-like ‘debacle’

President Joko “Jokowi” Widodo has called on his ministers to be prudent in policymaking as the country prepares to enter 2023.

2 years ago
Companies

Astra’s 65th anniversary celebration highlights importance of public health

As part of the series of celebrations surrounding Astra's 65th anniversary presents the culture of Bali, Nusa Tenggara, and Eastern Indonesia, and it continues with commitment to sustainable social contributions in the health sector to create a healthy Indonesian community through the 2022 Festival Kesehatan Astra (Astra Health Festival) to commemorate National Health Day.

2 years ago
Tech

Cryptoverse: Let's talk about DEX, baby

As the crypto castle crumbles, some true believers say the answer is to double down on DEX. Decentralized exchanges, that is.

2 years ago
Companies premium

GoTo set to wait another year for profit

PT GoTo Gojek Tokopedia (GoTo) says it is on track to reach profitability in 2024 as it issues its financial report for this year’s third quarter.

2 years ago
Markets

Asian shares mostly down on concerns China may resume strict COVID curbs

Asian shares were on the defensive on Tuesday as a COVID-19 resurgence in China increased concerns that Beijing may reimpose strict pandemic curbs and that further restrictions could cause supply chain disruptions.

2 years ago
Tech premium

Smart farming: RI agritech offers smallholders a helping hand

Indonesian tech firms are proposing new ways to make farming more efficient at a time when food security is causing headaches around the world, but the start-ups have some convincing to do to get farmers on board.

2 years ago
Regulations premium

Indonesia, Chile add services deal to trade agreement

Indonesia and Chile have added a services trade protocol to their bilateral trade agreement as the two emerging economies brace for a potential global recession.

2 years ago
Markets

Dollar gains as China COVID worries spur safe-haven buying

The US dollar was firmly higher against major currencies on Monday, while China's yuan slipped as sentiment was soured by rising COVID cases and tightening restrictions in some cities in the world's second-biggest economy.

2 years ago
Markets

Hong Kong leads Asia losses on fresh China COVID fears

Asian markets fell Monday as China's first COVID death in six months sparked fears officials would reimpose strict, economically painful restrictions to fight outbreaks across the country.

2 years ago
Economy premium

Recovery? What recovery? Ask Bali tourism firms

Business owners from Bali share their views on the state of the industry and whether there has been any trickle-down effects from the Group of 20 events throughout the year.

2 years ago
Executive Column premium

Executive column: WhatsApp listens to communities to improve services

WhatsApp vice president for global affairs and strategic markets Victoria Grand spoke with The Jakarta Post’s Deni Ghifari on Nov. 4 about the company’s products, mission and business model.

2 years ago
Regulations premium

ADB provides $500-million loan to help Indonesia downsize SOEs

The Asian Development Bank has approved a US$500 million loan to support Indonesian government efforts aimed at improving the efficiency, resilience and corporate governance of state-owned enterprises (SOEs).

2 years ago
Companies premium

Indies Capital Partners acquires 60 percent of Swiss-Belhotel Indonesia

The Singapore-based venture capital firm has acquired 60 percent of PT Swiss-Belhotel International Indonesia and PT Zest Hotels International Indonesia in a move described as the firm's next step in developing its hospitality business after it led the Series B funding for ARTOTEL Group last year.

2 years ago
Tech premium

As RI tech giants face axing spree, small startups regain funding momentum

The layoff wave that has been sweeping through the Indonesian-tech landscape within the past two months is nothing surprising, experts say, as the situation is bound to happen across the globe, insinuating a similar trend recently happened among tech giants in Silicon Valley.

2 years ago
Economy

Major German trade union wins pay hike, averting strike

Germany's biggest trade union agreed Friday on wage hikes totaling 8.5 percent that are expected to cover almost 4 million workers facing soaring inflation, averting a major strike in Europe's top economy.

2 years ago
Markets

Shares cautious, US yield curve deep in recession territory

Asian shares were in a cautious mood on Friday after US Federal Reserve officials fired more warning shots on interest rates, while rising coronavirus cases in China and liquidity strains in its bond market added to uncertainty.

2 years ago
Tech

Twitter employees start exiting after Elon Musk's ultimatum

Hundreds of Twitter employees are estimated to be leaving the beleaguered social media company following an ultimatum from new owner Elon Musk that staffers sign up for "long hours at high intensity," or leave.

2 years ago
Markets

Japan inflation hits four-decade high in October

Japan's core consumer prices rose 3.6 percent year-on-year in October, the government said Friday, the highest level in four decades due largely to rising energy costs and a weak yen.

2 years ago
Economy premium

RI’s $20b climate deal requires eye on debt: Experts

A recently announced international climate financing deal will kick-start Indonesia’s efforts to wean itself off coal-fired power plants, though the country must manage its debts and the program prudently, experts have said.

2 years ago
Economy premium

Jakarta showcases ties with Beijing at close of G20 Summit

In a bilateral meeting with his Chinese counterpart at the Group of 20 Summit in Bali, President Joko “Jokowi” Widodo highlighted the immense significance Indonesia attributes to its cooperation with Asia’s economic powerhouse.

2 years ago
Economy premium

BI hikes rate by another 50 bps as rupiah skids further

Bank Indonesia has decided to raise its benchmark rate by another 50-point basis (bps) in a move to bring down domestic inflation and to safeguard rupiah from depreciating even further against US dollar.

2 years ago
Economy premium

G20 attracts new EV investment to Indonesia

Indonesia has attracted new investment into the electric vehicle (EV) sector, coinciding with the Group of G20 forum, where global leaders and businesses agreed on commitments to lower carbon emissions.

2 years ago
Economy premium

Employers insist on limited 2023 wage hike, warn of more mass layoffs

Business representatives have urged the government to retain the existing minimum wage formula that will result in a much-limited raise in 2023, opposing demands from workers for the government to return to its previous wage calculation.

2 years ago
Markets

Asian stocks mixed, dollar finds footing as traders assess Fed outlook

Asian stocks were mixed on Thursday while the US dollar stabilized and Treasury yields remained depressed as investors tried to assess the outlook for Federal Reserve policy following stronger-than-expected retail sales data.

2 years ago
Economy premium

Stop viewing world through halal-haram lens, says Kadin chief

The Kadin chairman emphasizes that both businesses and world leaders need to put people first in contributing to world peace.

2 years ago
Tech premium

New kids on the block: inDrive, Maxim challenge Indonesia’s ride-hailing giants

Gojek and Grab have dominated Indonesia’s ride-hailing sector for years, but two new players with Russian roots – inDrive and Maxim – have arrived to contest the giants’ supremacy.

2 years ago
Companies premium

Sun Cable, energy ministry join hands to fast track inter-island grid connectivity

The government has signed a memorandum of understanding (MoU) with energy company Sun Cable to accelerate the development of inter-island grid connectivity and technical programs that will add up to US$115 billion to Indonesia’s GDP by 2035.

2 years ago
Page: 19

Today's ePost

Thu, July 13, 2023

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