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Latest News on Business, Economy, and Investment: Today's Updates

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Jakarta Post
Markets

Asian markets sluggish as Lunar New Year holiday looms

Asian markets were subdued on Monday, as the extended Lunar New Year holiday approached and Japan reported lackluster economic growth.

7 months ago
Economy

Japan's economy limps back to scant growth in Q4, raises test for Takaichi

Japan's economy limped back to meager growth in the fourth quarter, significantly missing market expectations in a key test for Prime Minister Sanae Takaichi's government as cost-of-living pressures drag on confidence and domestic demand. ...

7 months ago
Tech premium

Businesses seek AI regulatory clarity as caution hampers investment

Some technology firms deliberately avoid using personally identifiable information in their AI models to reduce compliance risks, despite the limitations this places on their ability to improve operational efficiency. ...

7 months ago

The Latest

Companies

Vietnam licenses Musk's satellite internet firm Starlink

Vietnam has granted a license to Elon Musk's Starlink to operate its satellite internet services in the communist country, a government agency said.

7 months ago
Tech

China’s ByteDance releases Doubao 2.0 AI model for 'agent era'

China's ByteDance has rolled out its Doubao 2.0 model, an upgrade of the country's most widely used artificial-intelligence app, the company said on Saturday.

7 months ago
Regulations

EU proposes extending Russian oil sanctions to maritime services

It has been reported that Karimun, Riau Islands, has been part of a system of traders, shippers and transshipment points, including the floating hub along the Malacca and Singapore straits and Fujairah in the United Arab Emirates, that has helped keep Russian oil and products flowing, despite the sanctions.

7 months ago
Economy premium

Lunar New Year drives corporate decor boom, but retail demand falters

Sellers of nian gao or kue keranjang in Glodok’s Chinatown area as well as parts of West and Central Java reporting softer sales compared to previous years.

7 months ago
Economy premium

'Be realistic' says Prabowo, while defending key programs

President Prabowo Subianto has emphasized the need to be realistic in a speech on the Indonesian economy, where he promoted key initiatives of his administration to drive gross domestic product growth.

7 months ago
Companies premium

Tiffany & Co stores sealed over alleged illegal imports

The issue related to items that were not declared in the import notification, resulting in the sealing of the jeweler’s outlets in Plaza Senayan, Plaza Indonesia and Pacific Place.  

7 months ago
Economy premium

High-rise housing still a hard sell in Jakarta, says JLL

Cumulative sales in high-rise condos stood at just 56 percent last year in a continuation of a decade-long downward trend, while new launches remained subdued in a lackluster market.

7 months ago
Economy

EU leaders vow to accelerate single market, in struggle to compete with US, China

European Union leaders agreed on Thursday on a wide-ranging set of commitments to improve how the bloc's border-free internal market works so Europe's businesses can be competitive and survive aggressive economic rivalry from the US and China.

7 months ago
Markets

Asian shares step back from record as tech jitters return, bonds rally

Asian shares retreated from record highs on Friday as worries about shrinking margins in the tech sector hit the likes of Apple, driving investors into safe-haven bonds ahead of key US inflation data.

7 months ago
Companies premium

Danantara’s poultry push raises concerns over market distortion

Indonesia has enjoyed a surplus in chicken meat production since 2020, Statistics Indonesia (BPS) data show, with excess supply continuing even after the free meals program began.

7 months ago
Companies premium

Pertamina to spin off airlines, hospitals, non-oil units this year

Divested assets include hospital groups currently managed by Indonesia Healthcare Corporation (IHC), as well as aviation subsidiary Pelita Air, which is set to be merged with national flag carrier Garuda Indonesia.

7 months ago
Regulations premium

Prabowo ordered purge of IDX, OJK leadership, brother says

Hashim Djojohadikusumo, who is the special envoy for climate change and the brother of President Prabowo Subianto, said the five IDX and OJK officials who resigned soon after last month’s market crash did so in direct response to the President’s order.

7 months ago
Markets

Gold edges lower on firmer dollar after strong US jobs data

Gold prices dipped on Thursday, as the U.S. dollar firmed after stronger-than-expected January jobs data dented expectation for near-term interest rate cuts, while investors awaited inflation data due on Friday for more monetary policy cues.

7 months ago
Markets premium

Danantara’s IDX ownership plan gets guarded welcome

Danantara CEO Rosan Roeslani pointed out that it is common practice for sovereign wealth funds (SWFs) to hold stakes in bourses, typically ranging from 15 percent to 30 percent.

7 months ago
Economy

Indonesia ready to bridge trade, investment in Islamic world

According to "State of Global Islamic Economy Report 2024-2025", Indonesia is ranked third in the global Islamic economy, after Malaysia and Saudi Arabia.

7 months ago
Economy premium

Prabowo leans on businesses to create jobs

President Prabowo Subianto held meetings with Indonesian business leaders at his private Hambalang estate, during which he stated his commitment to improving the ease of doing business.

7 months ago
Economy premium

New deputy finance minister guns for 5.6% first-quarter GDP growth

Just under a week since he was sworn in last Thursday, the ex-Bank Indonesia deputy governor is setting his sights accelerated state spending this quarter to reach up to 5.6 percent growth from an initial 5.5 percent target.

7 months ago
Companies

Indosat Ooredoo Hutchison shows healthy fundamentals in 2025 with 12.2% net profit growth

Indosat Ooredoo Hutchison (ISAT) demonstrated robust performance throughout 2025, recording revenue of Rp 56.5 trillion (US$3.37 billion) in addition to double-digit profit growth of 12.2 percent year-on-year (yoy) and 51 percent quarter-on-quarter (qoq) to Rp 5.5 trillion.

7 months ago
Companies premium

PLN EPI breaks ground on Rp1 trillion gas pipeline

PT PLN Energi Primer Indonesia has begun the construction of a Rp 1 trillion (US$59.57 million) gas pipeline linking the West Natuna Transportation System (WNTS) to Pemping Island, Batam.

7 months ago
Companies

SWA RoboKnights to represent Indonesia at VEX Robotics World Championship in the US

In a masterclass of skill and strategy, Sinarmas World Academy’s SWA RoboKnights powered through the VEX Robotics Indonesia National Championship 2025/2026, earning six major awards and securing a coveted spot on the global stage.

7 months ago
Markets

Buoyant stocks pause for breath on signs of softening US consumption

Bonds jumped and a rebound in stock markets slowed down on Wednesday after softer-than-expected US retail sales figures, while a rally in the yen has extended and might be beginning to signal a shift in investor thinking since Japan's election.

7 months ago
Economy premium

Pertamina denies Russian crude imports as EU mulls sanctions

The European Union has proposed unprecedented sanctions against Indonesia’s Karimun Port for handling Russian oil.

7 months ago
Economy premium

Retail sales post strong annual gain as consumer confidence holds up

The retail sales index dipped slightly in January when compared with the holiday month of December but is up a strong 7 percent year-on-year.

7 months ago
Companies premium

Finance Ministry’s SMI secures $9.3m grants to expand green finance

PT SMI operates as a development finance institution providing corporate and public financing alongside project advisory and preparation services.

7 months ago
Economy

Indonesia’s growth: Resilient but uneven

Although formal job creation has improved, job quality, reflected in income stability, benefits and productivity, remains unequal.

7 months ago
Economy premium

Fiscal discipline remains intact, govt insists, after Moody’s outlook cut

State Secretary Prasetyo Hadi said on Monday that the government continued to adhere to fiscal rules and had not breached statutory deficit limits, stressing that budget management remained on a prudent footing.

7 months ago
Tech

Jury told that Meta, Google 'engineered addiction' at landmark US trial

Meta and Google-owned YouTube were accused Monday of pushing highly addictive apps on children as a landmark social media trial began in earnest in a California court.

7 months ago
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