Companies

Prabowo vows to elevate Garuda through Boeing deal

Garuda Indonesia saw a US$75.9 million net loss in the first three months of this year.

Navigating challenges: President Prabowo Subianto (left) and Vice President Gibran Rakabuming Raka (second left) attend a ceremony on July 1 to mark the 79th anniversary of the National Police at the National Monument (Monas) in Jakarta.

Companies

South Korea's top court clears Samsung Chairman Lee in 2015 merger fraud case

Companies

Trump says Coca-Cola to switch to cane sugar in US

Companies

Taiwan's TSMC says second quarter profit up 60%

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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.

Think Big

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

A 7-Eleven convenience store has a sign in the window reading “Now Hiring“ in Cambridge, Massachusetts, US, on July 8, 2022.

Companies

Couche-Tard drops 7-Eleven takeover bid

ACT made an offer last year of nearly $40 billion to create the world's biggest convenience store chain and then sweetened the bid to $47 billion after the Japanese firm rebuffed the approach.

Containers of Dutch tech giant ASML, which supplies chipmaking machines to the semiconductor industry, are pictured in Veldhoven, Netherlands, on March 27, 2024.

Companies

ASML warns it may not achieve growth in 2026, shares drop

Companies

ASML warns it may not achieve growth in 2026, shares drop

The direct and indirect impact of tariffs are still very uncertain, CFO Roger Dassen said in the interview, ASML was working with its supply chain to mitigate any impact.

Nvidia CEO Jensen Huang present NVIDIA Blackwell platform at an event ahead of the COMPUTEX forum in Taipei, Taiwan on June 2, 2024.

Companies

Nvidia says it will resume sales of 'H20' AI chips to China

The US government has assured Nvidia that licenses will be granted, the firm confirmed in a statement.

A student carries lunch boxes on the first day of a free meal program at a Muhammadiyah high school in Sidoarjo, East Java, on January 6.

Companies

Muhammadiyah channels funds into new rural sharia bank

The OJK hoped that the conversion of BSM could pave the way for the merger of other rural banks under Muhammadiyah, eventually forming a fully-fledged sharia bank.

Holding its own: Electronics company PT Pegatron Technology Indonesia, pictured above, began operating plants in the Batamindo Industrial Zone in Batam, Riau Islands, in 2019.

Companies

US tariffs put ‘significant pressure’ on RI industrial estates

Industrial estate managers say US import tariffs and anti-China trade policies are a burden on their business, forcing them to resort to operational and regulatory measures, as well as diversification, to ensure their global competitiveness.

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.

Premium

FLSmidth sees energy transition driving global minerals demand

Premium

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.

Premium

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.

Think Big

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

Premium

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

Premium

Studio Ubud awakens Indonesian anime

Premium

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

Prabowo vows to elevate Garuda through Boeing deal

South Korea's top court clears Samsung Chairman Lee in 2015 merger fraud case

Trump says Coca-Cola to switch to cane sugar in US

Taiwan's TSMC says second quarter profit up 60%

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

Couche-Tard drops 7-Eleven takeover bid

ASML warns it may not achieve growth in 2026, shares drop

ASML warns it may not achieve growth in 2026, shares drop

Nvidia says it will resume sales of 'H20' AI chips to China

Muhammadiyah channels funds into new rural sharia bank

US tariffs put ‘significant pressure’ on RI industrial estates

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