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Jakarta Post
Regulations premium

Labuan Bajo aims to cap visitor numbers next month

Tourists will be charged a conservation fee of Rp 3.75 million to visit Labuan Bajo’s tourist hotspots in an effort expected to limit the number of visitors to some 200,000 a year.

3 years ago
Economy

'Panic' in Pakistani markets as rupee slides further against US dollar

The rupee fell 2 percent on Monday, and 3 percent on Tuesday, despite last week's staff level agreement reached with the International Monetary Fund (IMF) that would pave the way for a disbursement of $1.17 billion under resumed payments of a bailout package.  ...

3 years ago
Tech

China to fine ride-hailing giant Didi more than $1 billion: reports

Didi, once known as China's answer to Uber, has been one of the highest-profile targets of the widespread clampdown on the sector, which saw years of runaway growth and supersized monopolies before regulators stepped in. ...

3 years ago

The Latest

Economy

Russia is China's top oil supplier for 2nd month, Saudi volumes tumble

Imports of Russian oil, including supplies pumped via the East Siberia Pacific Ocean pipeline and seaborne shipments from Russia's European and Far Eastern ports, totalled 7.29 million tonnes, up nearly 10 percent from a year ago, according to data from the Chinese General Administration of Customs.

3 years ago
Tech premium

AirAsia aims to complete superapp by end of year

Air Asia says many more features are in the pipeline for its superapp, as the airline operator turns itself into a travel business.

3 years ago
Markets

Asian shares extend a global rally as dollar languishes

Asian shares extended a global rally on Wednesday as strong US corporate earnings and the expected resumption of Russian gas supply to Europe helped lift sentiment and ease fears of a recession, while the dollar was mired near two-week lows.

3 years ago
Markets

Euro rallies after report that bigger ECB rate hike is on the cards

The euro rallied on Tuesday after a Reuters story that European Central Bank policymakers will discuss whether to raise interest rates by 25 or 50 points at their meeting on Thursday to tame record-high inflation.

3 years ago
Economy

Gazprom tells German clients gas cuts are 'force majeure'

"We confirm that we have received a letter from Gazprom Export claiming force majeure retroactively for past and current gas supply shortfalls," said Uniper, one of Germany's biggest importers of Russian gas.

3 years ago
Regulations premium

Indonesia again misses oil, gas production targets: SKK Migas

The oil and gas deficit is likely to grow larger, with projections indicating a sharp rise in consumption in the coming decades to 2050.

3 years ago
Economy premium

Poverty rate drops in Indonesia but inequality does not

The domestic poverty rate has dropped to 9.54 percent of the population, or 26.16 million people, Statistics Indonesia (BPS) has reported, but income inequality remains high.

3 years ago
Markets

Indian rupee breaches 80 per dollar, hits new record low

The rupee 80.0600 against the greenback soon after trading started, Bloomberg data showed.

3 years ago
Markets

Asian shares drift lower in choppy markets

MSCI's broadest index of Asia-Pacific shares outside Japan, fell 0.46%, walking back some of the previous day's 1.8% gain, and heading back towards last week's two-year low. 

3 years ago
Markets

Asian markets drop as Apple report fans economic worries

Most stocks fell Tuesday after a Wall Street sell-off fueled by fresh recession worries following a report that Apple planned to ease back on spending due to uncertainty over the economic outlook.

3 years ago
Economy

EU, China to hold trade dialogue amid simmering tensions

"The 9th #EUChina High-Level Economic & Trade Dialogue takes place tomorrow 19/07," Executive Vice President of the EU Commission, Valdis Dombrovskis, said on his Twitter account on Monday. 

3 years ago
Companies

Tokopedia’s START Summit brings Indonesia’s tech experts together

As an Indonesian technology company with the leading marketplace platform, Tokopedia understands the importance of sharing its experience and know-how to help the nation — especially budding tech talents — grow through the power of technology.

3 years ago
Economy premium

Indonesia seen as ‘bright spot’ amid global economic gloom

IMF projects ‘healthy’ growth, as country fares better than others in withstanding the shocks of the pandemic and Russia’s war in Ukraine. But there are risks of falling into debt crisis.   

3 years ago
Tech

Yellen says US wants to end dependence on China for rare earths

Yellen, who arrived in Seoul late on Monday, told Reuters she was pushing for increased trade ties with South Korea and other trusted allies to improve the resilience of supply chains and avert any possible manipulation by geopolitical rivals.

3 years ago
Markets premium

Indonesia creates funding platform to finance coal retirement, renewable energy projects

Indonesia is estimated to require a total of US$4.3 billion to retire 9.2 GW of coal plants by 2030.

3 years ago
Economy premium

ECB goes on offensive as inflation pressure mounts

The ECB has for months been preparing the end of the era of cheap money that supported the economy through a series of crises in recent years. 

3 years ago
Economy

Inflation in New Zealand hits 32-year high

The main drivers were rising fuel, food and housing costs, said Stats NZ, putting inflation at a level last seen in 1990.

3 years ago
Markets premium

Asia shares bounce, euro on edge for ECB and gas test

It is shaping up to be a fraught week for Europe as it waits anxiously to see if Russia resumes the flow of gas through the Nord Stream 1 pipeline on July 21, while Italy teeters on the brink of political turmoil should Prime Minister Mario Draghi go ahead and resign. 

3 years ago
Economy premium

IMF chief sees 'exceptionally uncertain' global outlook, deteriorating debt situation

Georgieva, speaking at a G20 finance officials meeting in Bali, said Russia's intensifying war in Ukraine had increased pressure on commodity and energy prices, and global financial conditions were tightening more than expected.

3 years ago
Economy premium

G20 finance chiefs agree to battle food insecurity, funding for vulnerable countries

The third G20 meeting of finance chiefs, while it did not produce a communiqué, has made some headway in agreeing to tackle the growing food and energy crises.

3 years ago
Economy

G20 finance chiefs pledge to address global food insecurity

With questions growing about the effectiveness of the G20 in tackling the world's major problems, US Treasury Secretary Janet Yellen said the differences had prevented the finance ministers and central bankers from issuing a formal communique but that the group had "strong consensus" on the need to address a worsening food security crisis.

3 years ago
Regulations

Government removes palm oil export levy until Aug. 31

The decision by the world's biggest palm oil exporter could further depress prices, which have fallen by about 50 percent since late April to their lowest in over a year.

3 years ago
Markets

Indonesia removes palm oil export levy until Aug. 31

The decision by the world's biggest palm oil exporter could further depress prices FCPOc3, which have fallen by about 50 percent since late April to their lowest in over a year.

3 years ago
Companies

Tokopedia wins three awards at MIX Indonesia PR of the Year event

Indonesian technology company with the leading marketplace platform in the country, Tokopedia, has nabbed three wins at the MIX Indonesia PR of the Year awards in three categories:

3 years ago
Economy premium

G20 host Indonesia calls for joint ministerial forum to fight food crisis

Finance Minister Sri Mulyani Indrawati reminded member countries that expectations for the meetings were high and that a failure to reach their objectives would result in dire consequences, especially for low-income countries.

3 years ago
Economy premium

EU to seek cuts in heating, cooling of buildings to save gas

In order to better withstand the drastic fall in Russian gas supplies, which could be cut off altogether, the commission is expected to urge governments across the 27-nation bloc to set limits on the amount of energy used by public buildings, offices, commercial properties and outdoor terraces.

3 years ago
Economy premium

Pricey ‘pecel lele’: Global inflation crisis scorches Greater Jakarta’s food stalls

Food stall owners in Greater Jakarta have had to increase their prices to keep up with steep rises in wheat, soybean, chili and onion prices.

3 years ago
Page: 42

Today's ePost

Thu, July 13, 2023

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