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Jakarta Post
The logo of the State-Owned Enterprises Ministry is seen installed in front of the ministry's building in Jakarta on Jan. 1, 2025.
The logo of the State-Owned Enterprises Ministry is seen installed in front of the ministry's building in Jakarta on Jan. 1, 2025.`
Regulations premium

SOEs Ministry in limbo after latest cabinet reshuffle

Experts view the empty minister’s seat as evidence of the ministry’s waning purpose, as many of its former responsibilities have moved to Danantara, the country’s state asset fund now in charge of nearly 900 state firms.

5 hours ago
Markets premium

IDX reaches new all-time high after BI’s surprise rate cut

The IDX Composite climbed another 0.5 percent to 8,065.74 points in Thursday's opening session before slipping to close 0.21 percent lower at 8,008.43 points.  

7 hours ago
Economy premium

Govt declares local shrimp safe after joint agency tests

Authorities have yet to trace the root cause of the radioactive contamination that prompted FDA action against Indonesian shrimp last month.

10 hours ago

The Latest

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Economy

Nestlé Indonesia promotes spirit of independence through community empowerment

Celebrating Indonesia’s 80th Independence Day, Nestlé Indonesia partnered with Millennials Empowerment and the community of Buntu village, Central Java, to launch the #BersamaNestlé: Tanamkan Kebaikan, Ciptakan Manfaat (#TogetherWithNestlé: through goodwill, for impact) program in Dieng, Central Java.

11 hours ago
Economy premium

BI presses banks to speed up lending as undisbursed loans hit Rp 2,372t

Bank Indonesia reveals that Rp 2,372.1 trillion in approved bank loans remains unused as of August, warning that sluggish credit expansion, with just 7.56 percent year-on-year growth, could weigh on GDP growth.

11 hours ago
Markets

Asian markets fluctuate after Fed cuts interest rates

Equities wavered in Asia on Thursday after the Federal Reserve lowered interest rates but left investors wondering how many more cuts were in the pipeline despite boss Jerome Powell warning about the struggling jobs market.

14 hours ago
Economy

Apical reaffirms commitment to economic growth, ecosystem conservation with SLV program

Leading vegetable oil processor Apical Group has reinforced its commitment to balancing economic growth, community welfare and ecosystem conservation through its Sustainable Living Village (SLV) program.

15 hours ago
Tech

Ojol drivers say 20% fee cut OK if it pays them back: Survey

Ojol drivers have been demanding that the government cap commission fees at 10 percent, including during their latest protest on Wednesday under the banner “179.”

16 hours ago
tech

Ojol drivers say 20% fee cut OK if it pays them back: Survey

Ojol drivers have been demanding that the government cap commission fees at 10 percent, including during their latest protest on Wednesday under the banner “179.”

16 hours ago
tech

Resource-scarce Japan gets more trains running on renewables

Trains in resource-poor Japan are increasingly being powered by renewable energy sources, as their operators seek to do their part in the country's drive to achieve carbon neutrality by 2050 to combat global warming.

4 days ago
tech

Google not required to sell Chrome in antitrust victory

The landmark ruling came after Judge Amit Mehta found in August 2024 that Google illegally maintained monopolies in online search through exclusive distribution agreements worth billions of dollars annually.

2 weeks ago
tech

Digital payments in Indonesia: A Cultural shift

QRIS transaction volume had risen by 163 percent year-on-year (yoy) in July, while BI-FAST handled 414.6 million transactions, up 38 percent yoy, with a total value of Rp 1 quadrillion.

3 weeks ago
economy

Nestlé Indonesia promotes spirit of independence through community empowerment

Celebrating Indonesia’s 80th Independence Day, Nestlé Indonesia partnered with Millennials Empowerment and the community of Buntu village, Central Java, to launch the #BersamaNestlé: Tanamkan Kebaikan, Ciptakan Manfaat (#TogetherWithNestlé: through goodwill, for impact) program in Dieng, Central Java.

11 hours ago
economy

Apical reaffirms commitment to economic growth, ecosystem conservation with SLV program

Leading vegetable oil processor Apical Group has reinforced its commitment to balancing economic growth, community welfare and ecosystem conservation through its Sustainable Living Village (SLV) program.

15 hours ago
companies

GoPay QRIS expands network for cross border payment to support Bank Indonesia milestone

With a digital penetration rate of approximately 80 percent in Southeast Asia, countries in the region have prioritized digital transformation when it comes to national development. The ASEAN region is a potential market for digital payment innovation, in particular the increase use of the QR (Quick Response) payments since it was first introduced in each country.

2 days ago
companies

Norway sovereign wealth fund drops Eramet over environmental fears in Indonesia

Managed by the country's central bank Norges Bank and fueled by its vast energy revenues, the fund is the world's biggest, with a value of nearly $2 trillion and investments in more than 8,600 companies across the globe.

5 days ago
regulations

Indonesian bill will emphasize central bank's role supporting growth, lawmakers say

Concerns about the independence of the central bank have been mounting following the announcement of a "burden sharing" deal that will see BI increase the interest it pays on government deposits to fund state programs.

2 days ago
regulations

Vietnam asks United States to reconsider seafood export ban

Vietnam has asked the United States to reconsider a decision that could lead to a ban on some Vietnamese seafood exports to the American market starting next year, a potential blow to an economy already hit by US tariffs.

2 days ago
regulations

China says preliminary probe shows Nvidia violated anti-monopoly law

The Chinese market regulator's announcement comes as the US and China hold trade talks in Madrid, where chips, including the ones made by Nvidia, are expected to be on the agenda.

3 days ago
markets

Asian markets fluctuate after Fed cuts interest rates

Equities wavered in Asia on Thursday after the Federal Reserve lowered interest rates but left investors wondering how many more cuts were in the pipeline despite boss Jerome Powell warning about the struggling jobs market.

14 hours ago
markets

US Fed set for first rate cut of 2025 as Trump pressure looms

The US Federal Reserve is poised to make its first interest rate cut of 2025 on Wednesday, but it battles competing forces in the path forward -- with heightened political pressure and likely divisions among its ranks.

1 day ago
markets

China's $19 trillion stock market, once called uninvestable, lures foreigners again

Foreign investors are plotting a return to China's stock markets in a big way three years after pulling back and terming them uninvestable, encouraged by the tech opportunities on offer, and a growing demand for diversification beyond US assets.

2 days ago
markets

Asia stocks scale new highs, dollar tentative as investors eye Fed cut

Asia stocks climbed on Tuesday while the dollar was on the back foot as investors bet the US Federal Reserve would resume its easing cycle this week and potentially leave the door open to further rate cuts.

2 days ago
markets

Fitch downgrades France's credit rating in new debt blow

French politicians sounded the alarm after the Fitch agency downgraded the country's credit rating, with the outgoing interior minister on Saturday blaming the move on "decades of fiscal mismanagement".

5 days ago

Today's ePost

Fri, September 19, 2025

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