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The losses widened from Rp 4.9 trillion recorded for the whole of last year, according to the latest financial report released by state-owned railway company PT Kereta Api Indonesia (KAI).
1 day agoLow-cost airline Citilink has expanded its fleet 21 percent in the first half of 2026 from the previous semester, as part of a nearly $370 million first-phase funding provided by Danantara to parent company Garuda Indonesia to improve its MRO business. ...
2 days agoUkraine has hit the warehouses of Russia's largest online retailer Wildberries around a dozen times since mid-July, killing at least eight people and knocking out a large chunk of the company's storage capacity. ...
2 days agoUS petroleum giants ExxonMobil and Chevron released blowout profits Friday due to the Middle East war, as executives cautioned that elevated gasoline prices will probably continue to strain consumers.
3 days agoThe government is accelerating the operational launch of the 510-megawatt Batang Toru hydroelectric power plant to reinforce Sumatra’s electricity system, which remains under strain following a hydrological disaster that toppled five transmission towers in November last year.
4 days agoThe core problem lies in the chemical nature of the biofuel, which readily absorbs water, causing premature fuel injector damage and faster filter contamination.
5 days agoHow BSD City and D-HUB SEZ are helping shape Indonesia’s journey toward Indonesia Emas 2045
6 days agoThe public housing minister is doubling down on protecting consumers of the delayed multi-project LRT City development, calling on stakeholders to suggest solutions while urging an investigative audit by the BPK to assess the actual condition of state-owned developer ACP.
6 days agoSK hynix is a specialist supplier of high-bandwidth memory chips to US industry behemoth Nvidia and a pillar of South Korea's tech-led economy.
6 days agoScience-based nutrition is helping Indonesia tackle iron deficiency anemia, one of the country's biggest threats to children's future health, learning and productivity.
1 week agoIf not corrected, the seats could injure passengers and crew members during an emergency landing or block the aisle and slow an evacuation, the agency said.
1 week agoThe journey of an AQUA bottle begins long before it reaches consumers, with protected mountain ecosystems, advanced science, and a nationwide distribution network working together behind the scenes.
1 week agoIndonesia's automotive market is not in decline but is undergoing a reset. While higher interest rates and affordability pressures have softened new-car sales, the market's long-term fundamentals remain intact. Electrification, urbanization and manufacturing investment are reshaping the industry and creating the foundation for its next phase of growth, according to Lukmanul Arsyad, an Industrials & Services Leader and Partner at PwC Indonesia.
1 week agoDesignated a National Strategic Project (PSN), the smelter is designed to process up to 900,000 tonnes of concentrate annually from the Batu Hijau and, in later, Elang mines.
1 week agoThe company had previously failed to make the payment, valued at Rp 24.12 billion (US$1.4 million), which fell due on July 7, prompting the KSEI to postpone the distribution of returns to sukuk holders.
1 week agoThe submarine cable system reinforces Batam’s position as a digital hub, connecting Indonesia and Singapore to global markets.
1 week agoThe plant, located in the Karawang Artha Industrial Hill (KAIH) industrial estate, is scheduled to begin operations in the first half of 2027.
1 week agoConsumers at LRT City Bekasi Timur Green Avenue may face a wait until 2038, while the handover for LRT City Tebet is not projected until 2033.
1 week agoIn a plenary cabinet meeting at the State Palace on Monday, the President hailed Danantara’s progress in reducing the number of state-owned firms over the past 18 months.
2 weeks agoThe Abadi Masela project, a long-delayed liquefied natural gas (LNG) megaproject, finally broke ground on Thursday, marking a critical milestone for a development that promises to reshape Indonesia’s energy landscape.
2 weeks agoChinese AI startup DeepSeek is planning to launch a fresh fundraising round at a valuation of about 500 billion yuan (US$74 billion) ahead of a potential mainland initial public offering, two people with knowledge of the matter said.
2 weeks agoPlane manufacturers must build nearly 44,000 new planes over the next two decades to meet new growth and replace older planes, according to Boeing's new annual forecast.
2 weeks agoRepeated cases of missed bond payments could raise concerns about the government's contingent liabilities related to troubled state-owned enterprises (SOEs).
2 weeks agoRather than focusing solely on visibility metrics, organizations should ensure their brands are represented consistently across credible sources.
2 weeks agoExperts suggested that workforce reductions would likely be framed as early retirement or voluntary resignation packages accompanied by generous compensation.
2 weeks agoFrench companies are leading two of the eight selected consortia, while Chinese firms will participate in at least four projects, including two as consortium leader.
3 weeks agoA new study by Pearson, conducted in partnership with Amazon Web Services, Inc. (AWS), finds that more than half of employers worldwide are unable to find graduates with the AI skills they need.
3 weeks agoUnder chairman Chey Tae-won, seeking an edge over Samsung, SK Hynix has spent more than a decade betting on high-bandwidth memory (HBM) chips, at the time a niche technology, with the wager eventually paid off as HBM became a critical component in Nvidia's AI accelerators.
3 weeks agoThe board’s decision reflects confidence in Sinha's leadership, strong performance and delivery of Indosat's AI-led transformation.
3 weeks agoThe Pertamina Pride, carrying 2 million barrels of Saudi Arabian crude loaded in early March, cleared the Strait of Hormuz on Wednesday after departing the Arabian Gulf a day earlier, according to Pertamina's shipping subsidiary.
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