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Jakarta Post
Economy premium

RI reels in new FDI for Jakarta’s major railway projects

Three countries have signed a memorandum of understanding (MoU) with Indonesia to participate in the expansion of Jakarta’s mass rapid transit (MRT) mega-project and to partake in developing other transportation constructions in Indonesia.

2 years ago
Regulations

G20 vows to calibrate pace of interest rate hikes, avoid spillovers

Leaders of the Group of 20 (G2) major economies said on Wednesday their central banks will continue to calibrate the pace of monetary policy tightening, while being mindful of the need to limit "cross-country spillovers." ...

2 years ago
Markets

Safe-haven dollar gains as traders assess risks from Poland

The safe-haven US dollar edged higher against major peers on Wednesday as markets continued to assess news of a Russian-made rocket striking NATO-member Poland, and whether it could lead to an escalation of the Ukraine war. ...

2 years ago

The Latest

Economy premium

B20 wraps up with deals on green energy, electric vehicles and more

Business initiatives conducted throughout the year under the Group of 20 framework have culminated in a series of investment agreements presented at the Business 20 (B20) Summit on Monday.

2 years ago
Economy premium

Exports see unexpected gain as Chinese, Indian demand picks up

Indonesia’s trade balance experienced an unanticipated bump in October as demand from the country’s largest Asian trading partners increased and imports of capital goods fell.

2 years ago
Economy premium

Sustaining Indonesia's growth amid global uncertainty

Indonesia's economy remains solid amid higher global uncertainty. It grew by 5.72 percent in third quarter of the year compared to the same period last year, exceeding the growth in the second quarter of 5.44 percent. This growth is mainly supported by export performance and household consumption.

2 years ago
Companies premium

Injourney Group supports World Superbike 2022 race

State-owned tourism holding company PT Aviasi Pariwisata Indonesia (Injourney) has supported the 2022 World Superbike (WSBK) event by providing and upgrading various facilities and infrastructure for the race.

2 years ago
Economy

US, Japan mobilize $20 billion to move Indonesia away from coal

A coalition of countries will mobilize $20 billions of public and private finance to help Indonesia shut coal power plants and bring forward the sector's peak emissions date by seven years to 2030, the United States, Japan and partners said on Tuesday.

2 years ago
Companies

IOH enhances 5G user experience with green technology in support of G20 Summit

As part of its preparations and support for Indonesia’s presidency of the upcoming Group of 20 Summit on Tuesday and Wednesday in Nusa Dua, Bali. Indosat Ooredoo Hutchison (IOH) has tested eco-friendly technology in its 5G network.

2 years ago
Economy

Rich nations stick to coal phase-out as China builds new plants

Rich nations have stuck to pledges to phase out coal power despite the energy crunch in the wake of the Ukraine war but China's expanding coal fleet risks counteracting the climate impact of the closures, a report said on Tuesday.

2 years ago
Companies

Private sector innovation plays key role in pursuit of sustainability

With its wide reach and substantial resources, the private sector plays a very significant role in reducing global carbon emissions via nature-based solutions.

2 years ago
Regulations premium

ASEAN-5 expand QR-code payments to benefit MSMEs, migrant workers

Central banks from five ASEAN member states have inked a memorandum of understanding (MoU) on regional cross-border payments between countries, in a move that will bring multiplier effects to people and businesses within the region.

2 years ago
Companies

Achieving Net Zero with End-to-End Corporate Governance and Decarbonization strategies

As part of the commitment to reduce greenhouse gas emissions, the Indonesian Chamber of Commerce and Industry’s (KADIN) Net Zero Hub invited a number of stakeholders to the Indonesia Net Zero Summit 2022 in Bali with the theme of “Decarbonization at all costs” on Nov. 14.

2 years ago
Regulations

US presses China for debt relief in developing countries

The United States is pressing China and other G20 members to do more on debt relief for the world's poorest countries, a senior US official said Tuesday.

2 years ago
Markets

Asia shares mixed while oil falls on China COVID outlook

Asian share markets were mixed on Tuesday and oil was weaker as investors sought to digest the economic implications of China's COVID policy adjustments and a rescue package for the country's struggling property sector.

2 years ago
Economy premium

B20 forum ‘rebrands’ Indonesia in eyes of business world

Concluding the Business 20 (B20) forum for this year, the Indonesian Chamber of Commerce and Industry (KADIN) said agreements achieved had improved the image of Indonesian business.

2 years ago
Economy premium

Tempeh, cassava 'the answer’ to staple-food insecurity

Food insecurity has become one of the most talked about issues on the global stage as the staple food supply chain continues to be disrupted by the war in Ukraine. Experts argue that tempeh and cassava could be the answer to the problem.

2 years ago
Markets

As regulators scrutinize FTX, investor focus swings to Crypto.com

The fallout from the collapse of crypto exchange FTX kept bitcoin and other cryptocurrencies under pressure on Monday, with market participants worrying about heavy withdrawals at Singapore-based exchange Crypto.com.

2 years ago
Companies premium

I’m bullish on Indonesia, Elon Musk tells B20 audience in Bali

Elon Musk has expressed confidence in Indonesia’s economic development and said launch platforms in Indonesia and other countries may allow space travelers to reach any place on earth in less than an hour.

2 years ago
Economy premium

Indonesia-China ink $2.6B CPO, fishery trade deals

China have signed a US$2.6 billion worth of commitment to purchase crude palm oil (CPO) and its derivative products from Indonesia, allowing the archipelagic country to secure a trade boost from its number-one trading partner amid global recession.

2 years ago
Markets

Asia shares pause as Fed warns against exuberance

Asian share markets were taking a breather on Monday after last week's sweeping rally as a top US central banker warned investors against getting carried away over one inflation number, nudging up bond yields and the dollar.

2 years ago
Regulations

Indonesia, ADB launch first coal power plant retirement deal

Indonesia, the Asian Development Bank and a private power firm are teaming up to refinance and retire early the first coal-fired power plant under a groundbreaking new carbon emissions reduction project that moves from concept to reality on Monday.

2 years ago
Executive Column premium

Executive Column: As tourism recovers strongly, Traveloka stands to catch the wave

Traveloka president Caesar Indra spoke to The Jakarta Post’s Deni Ghifari on Oct. 27 about the company’s positioning, what it plans to do with the freshly acquired US$300 million funding and how the company is preparing for the tourism recovery in the region.

2 years ago
Economy

Transportation Ministry ensures domestic, intl’ flights remain smooth during G20 summit

The Transportation Ministry has ensured the smooth arrangement of regular domestic and international flights at Ngurah Rai Airport, Bali during the G20 Summit as delegates from 35 countries converge in Bali.

2 years ago
Economy

Transportation Ministry holds simulation for G20 electric bus service

In the run up to the 2022 Group of 20 Summit in Bali, the Transportation Ministry has held a simulation of an electric bus service to support the mobility of G20 delegates and participants, together with the Foreign Ministry.

2 years ago
Economy premium

Budi points to G20 health deals' significance for investment

In highlighting the G20's achievements in the health sector, the Indonesian health minister pointed to the large potential for health investments as regards the country's massive population.

2 years ago
Regulations premium

Global tension hinders recovery, govt, businesses tell world at G20

Indonesia’s business community and the government have issued calls for peace amid a lack of global cooperation due to geopolitical conflict.

2 years ago
Companies

Elon Musk to join G20 summit in Bali virtually

"He is unable to attend because ... there are incidents in the United States and he must be present there," Arsjad Rasyid, head of the chamber was quoted as saying, adding the Twitter Inc. and Tesla Inc. CEO would join virtually. 

2 years ago
Economy premium

Industrialization won’t work without skilled workforce: Jokowi

Infrastructure investment is not enough to move the country forward, President Joko “Jokowi” Widodo told The Jakarta Post in an exclusive interview earlier this month.

2 years ago
Companies

Cryptocurrency platform FTX files for bankruptcy, boss resigns amid tumult

Crisis-struck cryptocurrency platform FTX has gone bankrupt in the United States and its chief executive Sam Bankman-Fried has resigned, it said Friday, the latest blow in a saga that has reverberated across the digital currency landscape.

2 years ago
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Today's ePost

Thu, July 13, 2023

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