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
Regulations premium

Govt front-loads debt issuance ahead of expected rise in interest rates

In anticipation of higher interest rates in the second half of this year, the government has brought forward the planned issuance of bonds.

2 years ago
Markets premium

Dollar finds footing as SVB fears calm down

The dollar rose 0.4 percent to 134.72 yen, even as wage talks delivered the biggest pay increases in a quarter century which are likely to pressure monetary policy settings in Japan. ...

2 years ago
Economy premium

Japan Inc delivers largest wage increases in decades

Worker pay has been one casualty of the years of sputtering growth in the world's third-largest economy since the late 1990s, leaving Japanese salaries well behind the OECD average. ...

2 years ago

The Latest

Companies premium

Aircraft in 'Russian airfield' photo not Lion Air's, says spokesman

Lion Air stated on Wednesday that the two pictured aircraft had been returned to their lessor in 2021 after their contract expired.

2 years ago
Companies

Meta axes another 10,000 jobs in new round of cuts

In an email to employees, Zuckerberg said Meta would shed 10,000 jobs over the next few months, targeting middle management, and that 5,000 other roles would remain unfilled. 

2 years ago
Markets

Asian markets rally as bank worries ebb, Fed rates back in view

Asian markets bounced Wednesday as concerns about contagion from the collapse of two US regional lenders eased while investors turned their attention back to next week's Federal Reserve interest rate decision.

2 years ago
Economy premium

SVB collapse poses little threat to Indonesia, says government

The collapse of Silicon Valley Bank (SVB) and Signature Bank has caused a certain degree of paranoia, reminding many of the horrors of the global financial crisis in 2008. 

2 years ago
Economy premium

The long-term prospects of Indonesia’s logistics sector

The logistics industry is a driving force for the national economy. Logistics transportation is one of the supports for the rise of the Indonesian economy, which is currently in a slump due to the COVID-19 pandemic.

2 years ago
Economy premium

Numbers show hotel industry roaring back

Key metrics like bookings, cancellations and room rates suggest that small accommodation businesses have found their way back into pre-pandemic shape.

2 years ago
Companies

VW boosts spending to speed up electric car shift

Volkswagen said on Tuesday it would invest 122 billion euros (US$130 billion) in the shift towards electric vehicles over the coming years, as the battle for dominance in the EV market heats up.

2 years ago
Companies

PTPN III aims to raise Rp 8t through Palm Co IPO this year

The state-owned company currently has around 568,000 hectares of oil palm plantation and has a target to produce 3.08 million tons of crude palm oil (CPO) in 2023.

2 years ago
Markets

Bank slide deepens as SVB contagion fear rattles markets

Asia's share markets slid on Tuesday, with financial stocks in Tokyo leading losses as fear of a US banking crisis had investors fleeing the sector and slashing the interest rate outlook even ahead of US inflation data due later in the day.

2 years ago
Economy

EU chief wants 'level playing field' with China

The head of the European Commission Ursula von der Leyen said Monday she wants to avoid economic dependence on Beijing, but not fully "decouple" the EU's economy from China.

2 years ago
Economy premium

State-owned banks draw flack for lack of clean energy loans

The AEER think tank says Indonesian SOE lenders are too slow in raising their financing of renewable energy projects, hampering the country's drive for renewable energy.

2 years ago
Regulations premium

EV subsidy: Motorbike makers gear up for surge in demand

Indonesian electric two-wheeler producers are gearing up for rising sales thanks to government subsidies aimed at boosting electric vehicle (EV) adoption in the country.

2 years ago
Companies

HSBC buys failed US bank SVB's UK arm for £1

The deal, overseen by the Bank of England and the Treasury, comes after SVB collapsed Friday sparking panic in Britain over its customers in the technology and life science sectors. 

2 years ago
Markets

US stocks, bonds rally as markets flirt with Fed pause

US stock futures rallied in Asian trade on Monday as authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB), while investors wagered a rate hike this month was no longer a certainty.

2 years ago
Tech

IBM drives its partners to thrive

IBM views its business partners as a critical part of the ecosystem and therefore, it enhances its engagement, provides partners with access to resources, incentives and tailored support to thrive and evolve.

2 years ago
Executive Column premium

Executive Column: Raffi Ahmad wants RANS to take off beyond a family company

RANS Entertainment seeks to expand beyond just media and entertainment, with forays into F&B and FMCG as well. But its main challenge is getting the company recognized independently from the couple. 

2 years ago
Markets

US regulators rush to contain SVB fallout, as a second bank fails

US authorities unveiled sweeping measures Sunday to rescue depositors' money in full from failed Silicon Valley Bank and to promise other institutions help in meeting customers' needs, as they announced a second tech-friendly bank had been closed by regulators.

2 years ago
Economy premium

Infrastructure, tech, healthcare deemed ripe for takeovers

M&A transactions typically flourish when the capital market is stable, according to a top banker of JP Morgan in Indonesia.

2 years ago
Regulations premium

State intervention backfires as rice prices hit multiyear high

Rice, one of the most tightly regulated commodities in the country, increased in price throughout 2022, which has industry experts asking whether the protective measures themselves could be driving inflation.

2 years ago
Markets

Global bank shares sink over US fears

The world's biggest banks took a stock market beating on Friday as signs of trouble at a US regional lender sparked concerns over the wider sector.

2 years ago
Companies premium

Govt gives nod to PT Timah on ocean tin mining near Bangka Island

Mining tin under the sea is seen as a lucrative opportunity given many of the land deposits have been widely exploited. 

2 years ago
Companies premium

RI to find new partners after Air Products backs out from coal downstream project

Indonesia to find new partner to replace Air Products, which decided to withdraw recently, hoping to continue the coal downstream project nevertheless.  

2 years ago
Markets

Asian markets tumble as bank worries spread from Wall Street

Asian markets sank again Friday following a rout on Wall Street as signs of trouble at a regional US lender sparked concerns about the wider sector as the Federal Reserve ramps up interest rates.

2 years ago
Economy premium

Indonesia needs 6% GDP growth annually to be fifth-biggest economy by 2045

Former Finance Minister Bambang Brodjonegoro said that Indonesian economic growth is stuck at 5 percent because of no real breakthrough in manufacturing industry.

2 years ago
Regulations premium

Govt dishes out incentives to make headway on new capital

Tax exemptions and other deal sweeteners are designed to lure investors to the megaproject for Indonesia’s new capital, but a critic says the "fire sale" of incentives reflects panic in the administration.

2 years ago
Economy premium

Retail sales drop in February amid lower consumer confidence

Bank Indonesia’s latest data point to higher retail sales in February when compared to last year, but the month-to-month numbers reveal a consecutive decline, which experts attribute to seasonal factors.

2 years ago
Economy

China consumer inflation drops to lowest level in a year

China's consumer price inflation last month fell to its lowest level in a year, official data showed Thursday, as the country emerged from strict pandemic controls and a Lunar New Year spending binge.

2 years ago

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.