Companies

Rosatom, CNNC to lead consortiums to build nuclear power plants in Kazakhstan

Russia's state nuclear corporation Rosatom and state-owned China National Nuclear Corporation have been tapped to lead separate consortiums to build the first nuclear power plants in Kazakhstan, the country's atomic energy agency said on Saturday.

A representative of Russian state nuclear energy company Rosatom explains to Indonesian delegates about the country’s Akademik Lomonosov floating nuclear power plant on the sidelines of ATOMEXPO 2024 exhibition in Sochi, Russia on March 26, 2024.

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Trump approves Nippon Steel's $14.9 billion purchase of US Steel

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Govt, Lippo link up to build ‘mini’ homes in Greater Jakarta

Companies

Airbus revises up 20-year jet demand forecast despite trade tensions

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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

Industry Minister Agus Gumiwang Kartasasmita (third from right) attends the opening ceremony of PT Daimler Commercial Vehicles Manufacturing Indonesia’s (DCVMI) new factory in Cikarang, West Java, on June 10.

Companies

Germany’s Daimler opens new bus, truck factory in Cikarang

The company poured Rp 500 billion (US$30.7 million) in investment for a facility that will produce various models of Mercedes-Benz Axor trucks and specially designed Mercedes-Benz bus chassis tailored for the Indonesian market.

Zero emissions: Passengers hop on a Transjakarta electric bus at Senayan Traffic Circle stop in South Jakarta on Sept. 9, 2024.

Companies

Damri receives 70 Chinese electric buses for Transjakarta routes

Companies

Damri receives 70 Chinese electric buses for Transjakarta routes

The state-owned bus operator has received 70 new electric buses from China for plying Transjakarta routes by the end of June.

This photograph taken on May 4, 2014 shows an aircraft of Australian low-cost carrier Jetstar Airways approaching Changi International Airport in Singapore.

Companies

Qantas shutters Singapore-based Jetstar Asia on rising costs, competition

The shutdown of the 20-year-old airline next month will result in up to 500 job losses, a Qantas spokesperson said, and Jetstar Asia's fleet of 13 Airbus A320 planes will be redeployed to Australia and New Zealand.

Krakatau Steel employees watch the production of the first hot rolled coil (HRC) steel on May 17, 2021, in the company's second hot steel mill in Banten.

Companies

Krakatau Steel prepares 500 ha in Cilegon for China’s Delong Steel

The plant is also expected to begin producing so-called green steel, in line with current trends toward for lower-emission manufacturing processes.

People mill around on June 10, 2025, in a decorated concourse of a shopping mall in Semanggi, South Jakarta.

Companies

Holidays sustain consumer spending post-Ramadan

Data from the Mandiri Spending Index show that middle- and upper-class consumers drove spending growth during both the Ramadan-Idul Fitri holiday and postholiday periods this year, albeit not as much as compared to last year.

Executive Column

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.

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

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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FLSmidth sees energy transition driving global minerals demand

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Digibank ‘marathon’ has only just begun, Superbank says

Inchcape bets big on Indonesia

Rajeev Menon, president of Marriott International for the Asia Pacific excluding China, poses for a photo.

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Marriott International seeks to capitalize on travel recovery, demographic shifts

Rajeev Menon, president of Marriott International in the Asia Pacific excluding China, shared insight on the recovery of hotel occupancy in Indonesia and how the company seeks to grow in new destinations.

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

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Oaken Lab brings fresh scent to Indonesia’s perfume market

In Indonesia’s expanding fragrance industry, Oaken Lab focuses on artisan perfumery to produce authentic scents through in-house experiments.

Daily dose: Baristas of Jakarta-based coffee chain Tuku pose for a photo in one of the young company’s outlets.

Coffee chain Tuku seeks perfect blend for expansion

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Coffee chain Tuku seeks perfect blend for expansion

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Studio Ubud awakens Indonesian anime

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Treats to treatments, The Bath Box fills a niche in Indonesia's self-care market

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

Rosatom, CNNC to lead consortiums to build nuclear power plants in Kazakhstan

Trump approves Nippon Steel's $14.9 billion purchase of US Steel

Govt, Lippo link up to build ‘mini’ homes in Greater Jakarta

Airbus revises up 20-year jet demand forecast despite trade tensions

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

Germany’s Daimler opens new bus, truck factory in Cikarang

Damri receives 70 Chinese electric buses for Transjakarta routes

Damri receives 70 Chinese electric buses for Transjakarta routes

Qantas shutters Singapore-based Jetstar Asia on rising costs, competition

Krakatau Steel prepares 500 ha in Cilegon for China’s Delong Steel

Holidays sustain consumer spending post-Ramadan

Executive Column

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

Marriott International seeks to capitalize on travel recovery, demographic shifts

Think Big

Oaken Lab brings fresh scent to Indonesia’s perfume market

Coffee chain Tuku seeks perfect blend for expansion

Coffee chain Tuku seeks perfect blend for expansion

Studio Ubud awakens Indonesian anime

Treats to treatments, The Bath Box fills a niche in Indonesia's self-care market

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