Vietnam's biggest conglomerate, Vingroup, said Friday it had submitted a proposal to build the country's multibillion-dollar high-speed railway from Hanoi to Ho Chi Minh City, with state media reporting the government had welcomed the plan.

As some countries and global firms look to invest in the US to avoid Washington’s import tariffs, Indonesian businesses remain hesitant. The Indonesian Employers Association (Apindo) sees no strong appetite for outbound investment among local companies.

The land would be developed by the Agriculture Ministry, with 200,000 hectares situated in Wanam, South Papua, while the remaining 225,000 hectares spread across South Kalimantan, Central Kalimantan, West Kalimantan and South Sumatra.

A subsidiary of publicly listed mining company PT Amman Mineral Internasional entered Phase 8 with reserves of around 460 million tonnes of minerals after it concluded Phase 7 last year.

Businesses note that some companies need age caps to simplify the hiring process, especially when there are large applicant pools.

A BYD Seal caught fire in the Palmerah area of West Jakarta on Tuesday afternoon in an incident suspected to have been caused by a short circuit in the electric vehicle’s battery.

The key to resolving the housing backlog is to take a balanced policy approach that addresses both the supply and demand side, more especially the latter, to provide more flexible housing options.

Leading home improvement retailer PT Daya Intiguna Yasa Tbk (MR.D.I.Y. Indonesia) reported a solid financial performance in the first quarter of 2025.

Chinese EV battery giant CATL aims to raise US$4 billion in its Hong Kong listing scheduled for May 20, said a statement filed to the bourse Monday, making it the largest IPO expected in the city so far this year.

Oil giant Saudi Aramco on Sunday reported a drop of 4.6 percent in its first-quarter net profits as lower sales and higher operating costs hit the lynchpin of the kingdom's ambitious economic reform plans.

The President has ordered a halt to all major corporate actions, including mergers and acquisitions, divestments and investments as well as spin-offs, until the Danantara board has reviewed such projects and the performance of SOE executives.

In its 35th year of operations in Indonesia, South Korean electronics company PT LG Electronics Indonesia (LG) has announced its readiness to operate an air conditioner (AC) factory in the country to answer to both domestic and export demands.

In a stock disclosure submitted on Thursday, the homegrown tech giant has dismissed recent reports on a possible sale to industry rival Grab as “speculation”, saying it received periodical acquisition offers but had not agreed to any deal at present.

GoTo Group has reinforced its commitment to a greener Indonesia through the achievements it has made under its Three Zeroes pledge of zero emissions, zero waste and zero barriers.

Japanese auto giant Toyota forecast on Thursday a 35 percent year-on-year drop in net profit for the current financial year, citing United States President Donald Trump's vehicle tariffs, among other factors.

The Gates Foundation has pitched a strategic collaboration with Danantara Trust, the philanthropic arm of Indonesia’s state asset fund, which is being set up to manage endowments and channel charitable grants.

One Garuda aircraft and 14 Citilink planes await heavy maintenance checks, which include comprehensive inspections and component replacements.

State-Owned Enterprises (SOEs) Minister Erick Thohir says his office is exploring further budget cuts for SOEs by limiting business trips and reducing the number of executives.

Many components contribute to the sustainability of a company, with innovation usually at the helm of success. Adaptability to changes in the market and consumer preference is the key for a company to be able to serve its growing base and secure its place in the future.

At a meeting with House Commission XII broadcast live on Thursday, the Antam president director said its products had become unsellable because buyers balked at paying the government-mandated benchmark prices for minerals and coal.

Local banks should tighten stress tests on their loan portfolios, consider temporary loan restructuring for impacted sectors and shift credit growth toward more resilient domestic industries, an analyst urges.

Indosat Ooredoo Hutchison reported progressive results across most key performance indicators in the first quarter of 2025, despite navigating an extremely competitive and challenging industry environment. These outcomes reflect the company’s disciplined execution and continued commitment to supporting Indonesia’s digital and artificial intelligence development journey.

Many households are now exploring destinations closer to home to reduce expenditures.

During the closed-door meeting, the President called on SOEs executives to end inefficiency and misconduct, ordered Danantara’s board to evaluate their performance and warned that directors who fail to deliver would be replaced.

The petrochemical company offered Indonesia the opportunity to participate and President Prabowo Subianto agreed to local participation through Danantara, which the wealth fund will explore. 

President Donald Trump's administration will move to reduce the impact of his automotive tariffs on Tuesday by alleviating some duties imposed on foreign parts in domestically manufactured cars and keeping tariffs on cars made abroad from piling on top of other ones, officials said.

Experts warn that the success of these efforts will depend on Indonesia’s ability to reform its regulations, strengthen governance and provide greater legal certainty.