Companies

Govt to review PIK 2’s spatial planning amid land use concerns

The Agrarian and Spatial Planning Ministry has suggested that PIK 2 may have issues concerning regional and provincial spatial plans (RTRW) and has said the project also lacks the required detailed spatial plans (RDTR).

A mockup of the planned development of PIK 2.

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Ford to make EV investment in Indonesia in 2025: Ministry

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Govt instructs MIND ID to explore for lithium in Australia

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EV maker Vinfast reports $550 million Q3 loss

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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

Companies

Samsung reshuffles leadership amid challenge in AI chips

Samsung Electronics reshuffled its leadership on Wednesday as it looks to gain an edge in the production of microchips used for artificial intelligence servers.

Industry Minister Agus Gumiwang Kartasasmita (center), Industry Ministry’s metals, machinery, transportation equipment and electronics industry (ILMATE) director general Setia Diarta (left) and the Industry Ministry’s inspector general Mohammad Rum address the media at the Industry Ministry office in Jakarta on Nov. 25, 2024.

Companies

Indonesia balks at Apple’s $100m investment plan, seeks better deal

Companies

Indonesia balks at Apple’s $100m investment plan, seeks better deal

The government wants Apple to look at Indonesia not only as a market for its devices but also as a production base and a part of its global supply chain.

Heavy machinery is used on May 24, 2024, at a coal mining site in Sumber Batu village, Meureubo district, West Aceh regency, Aceh.

Companies

Indonesia’s Delta Dunia to acquire Australian coal mines for $455m

The acquisition of Dawson Complex, which produces metallurgical coal, aligns with Delta Dunia's strategy to reduce its reliance on the thermal coal business.

Companies

MR. DIY solidifies market leadership in Indonesia with 900th flagship store

Retail household equipment market leader, MR. DIY, is set to mark its presence and strong growth in Indonesia with its first flagship store, which also serves as its 900th store in the country.

A Tesla electric vehicle charges on May 15, 2024, in Santa Monica, California, the United States.

Companies

RI to export battery material for Tesla use by year end: Ministry

Precursor is a material used to manufacture battery cathodes, which producers later use to make EV batteries.

Executive Column

Digibank ‘marathon’ has only just begun, Superbank says

Tigor Siahaan, president director of Superbank, shares his views on Indonesia’s digital banking landscape, the firm’s upcoming feature rollouts and his experience building a new bank.

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.

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

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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Executive Column: Keep markets open to increase FDI, Citi says

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Executive Column: Agate gears up to capture local, global gaming market

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Executive Column: Eramet seeks bigger stake in Indonesia's nickel industry

PT Trimegah Bangun Persada (Harita Nickel) president director Roy Arman Arfandy

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Harita Nickel eyes participation in national EV supply chain

Publicly listed mining giant PT Trimegah Bangun Persada (Harita Nickel) president director Roy Arman Arfandy spoke to The Jakarta Post’s Divya Karyza and Adisti Sukma Sawitri about the company’s business strategy to remain competitive in the global nickel market and its future in the national electric vehicle (EV) supply chain.

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Lindra Hismanto, co-founder and executive director of Studio Ubud, says everybody should follow their passion, look for opportunities and take risks.

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Studio Ubud awakens Indonesian anime

In the past few years, a thriving animation business has developed in Indonesia as local companies collaborate with prominent anime studios from Japan.

Nikolaus Kristama, one of The Bath Box founders, said that The Bath Box has shifted from being a souvenir soap to offering more personal care products.

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

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

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Krakakoa wants to make Indonesian chocolate a global taste

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TAKA: Teenager’s brainchild disrupts athleisure 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

Govt to review PIK 2’s spatial planning amid land use concerns

Ford to make EV investment in Indonesia in 2025: Ministry

Govt instructs MIND ID to explore for lithium in Australia

EV maker Vinfast reports $550 million Q3 loss

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

Samsung reshuffles leadership amid challenge in AI chips

Indonesia balks at Apple’s $100m investment plan, seeks better deal

Indonesia balks at Apple’s $100m investment plan, seeks better deal

Indonesia’s Delta Dunia to acquire Australian coal mines for $455m

MR. DIY solidifies market leadership in Indonesia with 900th flagship store

RI to export battery material for Tesla use by year end: Ministry

Executive Column

Digibank ‘marathon’ has only just begun, Superbank says

Inchcape bets big on Indonesia

Marriott International seeks to capitalize on travel recovery, demographic shifts

Executive Column: Keep markets open to increase FDI, Citi says

Executive Column: Agate gears up to capture local, global gaming market

Executive Column: Eramet seeks bigger stake in Indonesia's nickel industry

Harita Nickel eyes participation in national EV supply chain

Think Big

Studio Ubud awakens Indonesian anime

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

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

Krakakoa wants to make Indonesian chocolate a global taste

TAKA: Teenager’s brainchild disrupts athleisure 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