Companies

Pani gold reserves climb to 4.8m oz amid record bullion rally

Mining operations at Pani, run by publicly listed miner PT Merdeka Gold Resources, officially began on Oct. 1, with the first gold pour expected in the first quarter of next year.

The Tujuh Bukit gold mine in Banyuangi, East Java, operated by PT Merdeka Copper Gold subsidiary PT Bumi Suksesindo, is pictured on Oct. 25, 2024

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Freeport recovers five more bodies, ending rescue efforts at Grasberg mine

Companies

Arsjad Rasjid launches equity firm, links up with Danantara

Companies

Fuel retailers reject Pertamina's offers amid stock crunch

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Editor's Picks

An employee arranges rupiah banknotes at Bank Mandiri in Jakarta on June 23, 2022. Currencies in Southeast Asia and around the world have dropped against the United States dollar this year as the Federal Reserve has hiked rates particularly fast.

Companies

The 2024 banking industry outlook

There are two situations in 2024 that will affect the condition of national banking; first, the general election; second, indications of a weakening global economy.

Handcrafted: Everything about the recreation car is mainly made up by hands, therefore the process of creating a car could take from six months to one year period. (JP/Yohana Belinda)

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Tuksedo gives cars from the past a brand-new future

A family-owned workshop in Bali recreates classic cars for discerning customers and is now looking to include EV options.

Companies

Indonesia, ExxonMobil sign agreement on CCS, petrochemical projects

The government, along with state-owned oil and gas corporation Pertamina, inked two agreements with United States oil and gas giant ExxonMobil pertaining to advancing the progress on carbon capture storage (CCS) projects and exploring a potential petrochemical complex in Indonesia.

Global, then local: Kurobokan founder Paulus Hyu plays with his French bulldog, which inspired his Nimbus series. While the company relies mainly on overseas buyers, Paulus believes more customers enthusiastic about collectibles will emerge in and grow the domestic market.

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From Frenchie to fortune: Kurobokan spotlights Indonesia-designed toys

With quirky collectibles, Kurobokan puts Indonesia on the map in the so-called kidult market, proving that toys are for everyone, no matter their age.

Companies Updates

Then-Pertamina president director Nicke Widyawati (left) and Industry Minister Agus Gumiwang Kartasasmita visit the Dumai refinery in Riau on July 17, 2020.

Companies

No supply disruptions after fire at Dumai oil refinery, Pertamina says

State energy firm Pertamina will divert fuel to supply some areas on Sumatra following a fire at its Dumai refinery, a company official said on Thursday, adding there were no supply disruptions.

A display shows lithium ore spodumene, mined in Western Australia, which is used in the production of batteries for electric vehicles, in Perth, Australia, on May 24, 2024.

Companies

US offers to buy stakes in Australian critical minerals companies

Companies

US offers to buy stakes in Australian critical minerals companies

The US government has offered to buy equity in Australian critical minerals companies as part of a funding package to expand its supply and cut its reliance on China, executives recently returned from Washington said.

Pertamina’s refinery in Balikpapan, East Kalimantan, appears in this undated handout photo.

Companies

Finance minister slams ‘lazy’ Pertamina over refinery development delays

The newly installed finance minister has taken the state-owned energy giant to task for failing to develop any new refineries in the seven years since it pledged to build seven such facilities, burdening the state budget and dragging the government's energy independence efforts.

A worker in protective clothing works at a ferronickel smelter owned by PT Aneka Tambang (Antam) in Pomalaa, Central Sulawesi, in this handout photo from May 2019.

Companies

Antam still leans on imports as gold demand surges at home

Amid limited output and dwindling reserves, the state-owned gold miner is still importing the precious metal as demand surges and it develops its minting plant in Gresik.

Workers at a mining site of PT Freeport Indonesia look at the Puncak Jaya mountain in this undated photograph.

Companies

Copper producers await extension of concentrate export permits

Indonesia's major copper producers are in talks with the government over export permits, as officials work to balance downstream ambitions with the practical challenges of smelter operations.

Executive Column

Infor SVP solution consulting Phil Lewis poses in a picture on Aug. 28, at the JW Mariott Kuningan, Jakarta.

Indonesia ‘impatient’ in tech adoption, Infor says

New York-based software provider Infor hosted its first Velocity Day event in Jakarta on Thursday as part of a tour across Southeast Asia. In Jakarta, Infor SVP solution consulting Phil Lewis spoke to The Jakarta Post’s Ruth Dea Juwita and Mark Lempp about the challenges of introducing new technology, including managing corporate change and overcoming adoption barriers like data sovereignty concerns.

GE HealthCare international president and CEO Elie Chaillot.

GE HealthCare eyes Indonesia as regional hub for medical device exports

GE HealthCare, in partnership with PT Kalbe Farma subsidiary Forsta, inaugurated Indonesia’s first CT scanner factory on June 2. GE HealthCare international president and CEO Elie Chaillot spoke to The Jakarta Post’s Ruth Dea Juwita two days later about the global medical technology company’s further plans in Indonesia’s burgeoning medical equipment industry.

Lev Kroll, CEO of Nuanu Creative City, poses for a photo.

Bali’s Nuanu seeks investors that look beyond profit

Lev Kroll, CEO of Nuanu, explains the company’s strategic vision for a commercial and residential development project in Bali’s Tabanan regency, and how other investors can get engaged.

Premium

Executive Column: Being a small bank makes no sense, says KBank

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FLSmidth sees energy transition driving global minerals demand

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Digibank ‘marathon’ has only just begun, Superbank says

Inchcape Group CEO Duncan Tait poses for a photo in November 2021.

Inchcape bets big on Indonesia

Duncan Tait, global executive CEO of Inchcape, spoke to The Jakarta Post’s Ruth Dea Juwita on a visit to Jakarta about the UK-based automotive dealership’s global distribution business, as well as its local subsidiary’s strategy for claiming a larger share of the premium car market.

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Collected waste is dropped off at Bali Waste Cycle (BWC)'s processing facility in Klungkung regency, Bali.

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Bali Waste Cycle aims to scale up to make recycling profitable

Born out of Bali’s growing trash problem, Bali Waste Cycle (BWC) seeks to expand its business, balancing profit, purpose and sustainability.

A customer explores fragrances at Oaken Lab's artisan perfumery in Pererenan, Bali.

Oaken Lab brings fresh scent to Indonesia’s perfume market

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Oaken Lab brings fresh scent to Indonesia’s perfume market

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Coffee chain Tuku seeks perfect blend for expansion

Premium

Studio Ubud awakens Indonesian anime

CEO Profile

Teck Seng Ho: Understanding client needs crucial for sustaining Sun Life Indonesia

Newly appointed Sun Life Indonesia president director Teck Seng Ho has expressed positivity about the company’s client-friendly work environment.

Leading Indosat's growth to empower Indonesia, Vikram Sinha named 2023 CEO of the Year

Indosat Ooredoo Hutchison (Indosat) continues to record splendid operational and financial performances following its recent merger. Embracing the spirit of Gotong Royong, Indosat has a greater goal of empowering Indonesia.

Securing Indonesians’ future through innovation, teamwork

PT Asuransi Allianz Life Indonesia has recently appointed Alexander Grenz as Country Manager and President Director of Allianz Life Indonesia. After obtaining a permit from the Financial Services Authority (OJK), he took the role on April 7, where he will be managing Allianz's operational activities

Nicknamed Mel by her close acquaintances, Melissa is the new president of the GoTo e-commerce business unit, known to the wider public as Tokopedia and part of Indonesia’s largest digital ecosystem.

Melissa Siska Juminto and the journey of growth and excellence

In an age of instant gratification, trusting the process has become somewhat of a rare quality. This is not the case for Melissa Siska Juminto.

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Companies

Pani gold reserves climb to 4.8m oz amid record bullion rally

Freeport recovers five more bodies, ending rescue efforts at Grasberg mine

Arsjad Rasjid launches equity firm, links up with Danantara

Fuel retailers reject Pertamina's offers amid stock crunch

Editor's Picks

The 2024 banking industry outlook

Tuksedo gives cars from the past a brand-new future

Indonesia, ExxonMobil sign agreement on CCS, petrochemical projects

From Frenchie to fortune: Kurobokan spotlights Indonesia-designed toys

Companies Updates

No supply disruptions after fire at Dumai oil refinery, Pertamina says

US offers to buy stakes in Australian critical minerals companies

US offers to buy stakes in Australian critical minerals companies

Finance minister slams ‘lazy’ Pertamina over refinery development delays

Antam still leans on imports as gold demand surges at home

Copper producers await extension of concentrate export permits

Executive Column

Indonesia ‘impatient’ in tech adoption, Infor says

GE HealthCare eyes Indonesia as regional hub for medical device exports

Bali’s Nuanu seeks investors that look beyond profit

Executive Column: Being a small bank makes no sense, says KBank

FLSmidth sees energy transition driving global minerals demand

Digibank ‘marathon’ has only just begun, Superbank says

Inchcape bets big on Indonesia

Think Big

Bali Waste Cycle aims to scale up to make recycling profitable

Oaken Lab brings fresh scent to Indonesia’s perfume market

Oaken Lab brings fresh scent to Indonesia’s perfume market

Coffee chain Tuku seeks perfect blend for expansion

Studio Ubud awakens Indonesian anime

CEO Profile

Teck Seng Ho: Understanding client needs crucial for sustaining Sun Life Indonesia

Leading Indosat's growth to empower Indonesia, Vikram Sinha named 2023 CEO of the Year

Securing Indonesians’ future through innovation, teamwork

Melissa Siska Juminto and the journey of growth and excellence