The Jakarta Post

The Jakarta Post is an English-language daily newspaper based in Indonesia. It is operated by PT Bina Media Tenggara and has its headquarters in Jakarta, the capital city of the country.

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Energy ministry temporarily halts nickel mining operations in Raja Ampat

1 day ago | thejakartapost.com | Divya Karyza

The Energy and Mineral Resources Ministry has temporarily suspended nickel mining operations on Gag Island in Raja Ampat pending a field verification, following public concerns over their proximity to a marine conservation area. “We are halting operations temporarily for field verification. We will investigate,” Energy and Mineral Resources Minister Bahlil Lahadalia said on Thursday in Jakarta. “Raja Ampat has many conservation and tourism zones, but there are also areas designated for mining.
Tsingshan slashes local nickel pig iron output amid profit squeeze

2 days ago | thejakartapost.com | Divya Karyza

The world's largest stainless steel producer Tsingshan has cut its nickel pig iron (NPI) production in Indonesia due to shrinking profit margins and a weakening global market. According to Lynn, the director of nickel and new energy research at Tsingshan Holding Group Co., Indonesia’s total NPI output is forecast to plummet from 4.76 million tonnes in 2024 to just 1.74 million tonnes this year.
Integrated EV battery project in Halmahera to break ground this month

4 days ago | thejakartapost.com | Divya Karyza

The construction of an integrated electric vehicle battery ecosystem in East Halmahera, North Maluku is set to begin in the third week of June, Energy and Mineral Resources Minister Bahlil Lahadalia said. Bahlil said on Tuesday that the project, which covers the EV supply chain from mineral processing to battery cell manufacturing, is expected to require between US$6 billion and $7 billion in investment.
East Java, UK govt to launch Surabaya LRT feasibility study next month

4 days ago | thejakartapost.com | Divya Karyza

East Java provincial government said it would soon launch a feasibility study to develop the Greater Surabaya Light Rail Transit (LRT) system, which it has been working with the United Kingdom since last year. Governor Khofifah Indar Parawansa met last week with Dominic Jermey, the British Ambassador to Indonesia and Timor-Leste, to discuss the study, which is being conducted by PwC and Mott MacDonald in 2024-2025.
Wage subsidies doubled, electricity discount canceled in stimulus shake-up

4 days ago | thejakartapost.com | Deni Ghifari

In last-minute changes to a planned consumer stimulus package for June and July, the government has canceled an electricity discount but doubled wage subsidies. Finance Minister Sri Mulyani Indrawati revealed in a press conference on Monday that the wage subsidies for low-income earners would double from Rp 150,000 (US$9) per month per individual to Rp 300,000.
Planned consumer stimulus faces lack of policy coordination

4 days ago | thejakartapost.com | Deni Ghifari

The government has lined up a flurry of consumer stimulus measures that are to take effect this week, but people and institutions responsible for implementing the measures were left without knowledge of the plan. Such a lack of coordination could dampen the effectiveness of the policy, which is intended to boost the economy. The stimulus package is to begin on June 5 and last until the end of July, with some of the measures applying just during the school holidays.
RI barely holds onto trade surplus in April, exports to US down sharply

5 days ago | thejakartapost.com | Deni Ghifari

Statistics Indonesia (BPS) official Pudji Ismartini revealed in a press conference on Monday that the country’s trade surplus, or the amount by which exports exceed imports, was only US$158 million in April. Pudji said the April figure marked “the lowest” surplus since April 2020, when Indonesia registered a trade deficit of $350 million. The archipelago has maintained a monthly trade surplus ever since, with April being the 60th consecutive month.
PLN to delay some projects in RUPTL if demand fails to rise as planned

5 days ago | thejakartapost.com | Divya Karyza

Shorter: PLN to delay some projects if demand fails to rise as planned State-owned electricity company PLN has stated it might opt to delay the implementation of some projects stipulated in its new long-term electricity business plan (RUPTL) in the case of an electricity oversupply. PLN president director Darmawan Prasodjo defended the move, saying the company has adopted a more dynamic approach, citing a need to anticipate unpredictable power demand.
New ‘green’ RUPTL risks sidelining, rather than empowering renewables

5 days ago | thejakartapost.com | Divya Karyza

The long-awaited 2025-2034 electricity business plan (RUPTL) could sideline renewable energy despite containing a huge amount of planned green power, as experts suggested the new power procurement plan was leaning toward repeating past mistakes and undermining energy transition commitments.
Asia in focus as US, France make competing offers

6 days ago | thejakartapost.com | Yerica Lai

As great powers loom large over the Indo-Pacific, the United States and France competed for clout at the region's security forum in Singapore over the weekend. In a ballroom full of senior officials from governments, militaries and diplomats around the world at the three-day Shangri-La Dialogue that was hosted by the International Institute for Strategic Studies (IISS), US Defense Secretary Pete Hegseth and French President Emmanuel Macron made their bold bids to court Indo-Pacific nations.