Companies

Customs office seals second luxury jeweler in import probe

The action follows last week’s sealing of outlets of Tiffany & Co. across three Jakarta shopping malls over suspected smuggling and under-invoicing.

A sleeve patch featuring the logo of the Finance Ministry's customs and excise directorate general is seen in this stock photo taken on March 13, 2023.

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Indonesian youth-led initiative MagnaMinds supports neurodiversity education in Bangkok

Executive Column

Executive Column: Mitsubishi Power bets on efficient baseload amid net-zero target

Companies

Krakatau Steel anticipates double-digit growth on shipbuilding demand

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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

Forest rangers seal off the entrance to an illegal gold mine on Nov. 20, 2025, during an operation under the Forestry Ministry’s civil service investigator (PPNS) at Mount Halimun Salak National Park in Sukabumi regency, West Java.

Companies

Bumi Resources Minerals says Palu operations unaffected by site closure

The publicly listed miner, while confirming the closure of a site within subsidiary CPM's forest concession over illegal land clearing, has underlined that the targeted area was not operational and so will not affect its overall operations.

An excavator is used on July 28, 2023, to move soil to trucks at a nickel mine operated by mining company Vale Indonesia in Sorowako, South Sulawesi.

Companies

New state miner Perminas signs MoU on Gabon rare earth project

Companies

New state miner Perminas signs MoU on Gabon rare earth project

PT Perusahaan Mineral Nasional and Danantara may also enter negotiations for equity or debt participation in the Maboumine project, according to a statement, though no value or timeline has been disclosed.

(Image courtesy of Amazon Web Services (AWS))

Companies

As Global Attention Turns to the US: What Are Its Businesses Doing In Indonesia?

With much of the global conversation currently focused on developments in and around the United States, attention often gravitates toward politics, policy shifts and geopolitical implications. Less visible, but equally important, is how US businesses continue to operate and invest overseas amid this evolving global context.

A woman rides a bicycle in front of an electric bus on the street in Hanoi on Nov. 21, 2025.

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.

Companies

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.

Executive Column

Akihiro Ondo, CEO of Mitsubishi Power Asia Pacific, in an undated photo.

Executive Column: Mitsubishi Power bets on efficient baseload amid net-zero target

Akihiro Ondo, CEO of Mitsubishi Power Asia Pacific, explains Indonesia’s power sector readiness to meet rising electricity demand compared with regional peers and the role of gas and hydrogen-ready technologies in the energy transition.

Dharma Simorangkir, president director Microsoft Indonesia (left) and Fiki Setiyono, Azure go-to-market lead, Microsoft ASEAN, are pictured in Jakarta for the Microsoft Cloud & AI Innovation Summit 2025, on Nov. 25

Cloud, AI services to boost Indonesia’s economy, Microsoft says

Backed by a US$1.7 billion investment through 2028, Microsoft aims to build Indonesia’s digital economy by expanding cloud and AI infrastructure, strengthening the developer ecosystem and training 500,000 AI-ready talents by 2026.

Vijay Ratnaparkhe, Bosch President of Region Asia Pacific South

Bosch goes new ways with modular factory in West Java

The Germany-based engineering and technology company aims to complete the new facility in the first quarter of 2027. Bosch regional president for Asia Pacific South Vijay Ratnaparkhe spoke to The Jakarta Post’s Maudey Khalisha on Nov. 19, the day of the factory’s groundbreaking ceremony, about tapping into rising domestic demand from the automotive and other industries.

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Indonesia ‘impatient’ in tech adoption, Infor says

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GE HealthCare eyes Indonesia as regional hub for medical device exports

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Bali’s Nuanu seeks investors that look beyond profit

Chat Luangarpa, president commissioner of Bank Maspion, which was acquired by Thaiand's Kasikornbank in 2022.

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

Bank Maspion president commissioner Chat Luangarpa, who also serves as executive vice president of Kasikorbank (KBank), explains why the Bangkok-based lender acquired the local bank and how it aims to triumph in Indonesia’s competitive banking landscape.

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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

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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

Customs office seals second luxury jeweler in import probe

Indonesian youth-led initiative MagnaMinds supports neurodiversity education in Bangkok

Executive Column: Mitsubishi Power bets on efficient baseload amid net-zero target

Krakatau Steel anticipates double-digit growth on shipbuilding demand

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

Bumi Resources Minerals says Palu operations unaffected by site closure

New state miner Perminas signs MoU on Gabon rare earth project

New state miner Perminas signs MoU on Gabon rare earth project

As Global Attention Turns to the US: What Are Its Businesses Doing In Indonesia?

Vietnam licenses Musk's satellite internet firm Starlink

Tiffany & Co stores sealed over alleged illegal imports

Executive Column

Executive Column: Mitsubishi Power bets on efficient baseload amid net-zero target

Cloud, AI services to boost Indonesia’s economy, Microsoft says

Bosch goes new ways with modular factory in West Java

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

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