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Jakarta Post
Companies premium

Pos Indonesia’s default tests Danantara rescue strategy

Repeated cases of missed bond payments could raise concerns about the government's contingent liabilities related to troubled state-owned enterprises (SOEs).

12 hours ago
Companies premium

Credibility, context more critical for PR in the age of AI

Rather than focusing solely on visibility metrics, organizations should ensure their brands are represented consistently across credible sources. ...

17 hours ago
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Layoff-free SOE overhaul deemed 'unrealistic'

Experts suggested that workforce reductions would likely be framed as early retirement or voluntary resignation packages accompanied by generous compensation. ...

2 days ago

The Latest

Companies premium

Govt names consortia for second batch of waste-to-energy projects

French companies are leading two of the eight selected consortia, while Chinese firms will participate in at least four projects, including two as consortium leader.

2 days ago
Companies

Pearson aims to help graduates learn and earn in the age of AI

A 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.

2 days ago
Companies

South Korean billionaire's risky bet pays off as SK Hynix debuts in New York

Under 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.

5 days ago
Companies

Indosat extends CEO Vikram Sinha's term to advance AI transformation

The board’s decision reflects confidence in Sinha's leadership, strong performance and delivery of Indosat's AI-led transformation.

6 days ago
Companies premium

Pertamina tanker exits Strait of Hormuz amid renewed US-Iran tensions

The 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. 

1 week ago
Companies premium

Police probe coal miners over alleged graft tied to blackouts

The National Police’s Criminal Investigation Department (Bareskrim) revealed that investigators had uncovered alleged irregularities in coal procurement involving two companies identified only by their initials, UBP and BRA.  

1 week ago
Companies premium

Some 200 Tokopedia staff leave TikTok amid restructuring

The workers opted to accept compensation packages offered by Tokopedia-owner TikTok rather than being laid off, Deputy House of Representatives Speaker Sufmi Dasco Ahmad said during a meeting called to clarify reports of mass layoffs.  

1 week ago
Companies

Meta says US states seeking $1.4 trillion in penalties in youth safety trial

Meta Platforms said in a court filing on Monday that four states were seeking US$1.4 trillion in penalties over accusations the company designed its Facebook and Instagram platforms to addict young users and misled the public about their safety.

1 week ago
Companies

Samsung expects 1,800% operating profit leap on AI boom

Samsung's estimate would be the "largest quarterly operating profit in history", beating that of AI chip titan Nvidia, said Kim Dae-jong, a business administration professor at Sejong University.

1 week ago
Companies

Corporate Japan's rare-earth warnings get louder as China keeps the spigot closed

A shortage of critical minerals is starting to affect the broader Japanese economy, adding a sense of urgency for Prime Minister Sanae Takaichi's government to find alternatives to exports that China has cut off, according to recent corporate filings.

1 week ago
Companies

Less Hassle, More Flavor: Uncover the City with Gojek’s Jalan Jajan

School holidays are officially here, bringing with them comes the perfect excuse to rediscover our own neighborhood. This season, Gojek is transforming the way Indonesians explore their cities with the launch of Jalan Jajan, a curated, hyper-local recommendation playbook embedded right inside the Gojek app while championing local business.

1 week ago
Companies premium

Australian firm to invest $350m to build RI's first battery precursor plant

The planned investment by Queensland-based Pure Battery Technologies (PBT) is intended to fill the gap in the domestic supply chain by building capacity to produce battery precursor materials, one of the highest-value segments in the nickel industry.

1 week ago
Companies

Mercedes demos set stage for wave of German auto protests

Thousands of workers demonstrated outside Mercedes-Benz factories in Germany Friday over the premium carmaker's cost-saving plans, kicking off an expected wave of protests in the country's crisis-wracked auto industry.

1 week ago
Companies premium

PAL, Naval Group begin construction of Scorpène submarines ahead of schedule

State-owned shipbuilder PT PAL Indonesia has begun the physical construction of two Scorpène-class submarines in a partnership with France’s Naval Group, marking a significant milestone in Indonesia’s push to modernize its naval defense forces.

1 week ago
Companies

UK cigarette giant BAT to cut 5,500 jobs globally

The maker of Lucky Strike and Dunhill cigarettes aims to save £600 million ($792 million) a year by 2028 in a restructuring that will affect around 20 percent of BAT's 47,000-member workforce, it said in a statement.

2 weeks ago
Executive Column premium

AI to bridge insurance gap in Indonesia, Igloo says

Raunak Mehta, cofounder and CEO of Singapore-based insurance technology (insurtech) firm Igloo, spoke with The Jakarta Post's Ni Made Tasyarani on June 18 to explain how the company aims to bridge Indonesia's coverage gap and drive growth through partnerships with local companies and the use of artificial intelligence.

2 weeks ago
Companies

VW weighs up to 100,000 job cuts, four plant closures, sources say

Volkswagen is considering shutting four German factories and ramping up job cuts to as many as 100,000, two people familiar with ‌the matter said on Friday, in what could be the biggest ever overhaul in the industry.

2 weeks ago
Companies

Samsung Group to unveil $648 billion South Korea investments, report says

Samsung Group will announce on Monday plans to invest 1,000 trillion won (US$647.53 billion) in South Korea over 10 years, including a potential 300 trillion won to build chip factories in the southwest of the country, a media report said on Friday.

2 weeks ago
Companies premium

One Pertamina vessel safely transits the Strait of Hormuz

Another vessel Pertamina Pride remained stranded on the opposite side awaiting further movement instructions.

3 weeks ago
Companies premium

Indonesia’s first blood plasma facility to begin operations next year

The Karawang facility is being developed by PT SK Plasma Core Indonesia, a joint venture between South Korea's SK Plasma and Indonesia's sovereign wealth fund INA, with an investment of US$150 million. 

3 weeks ago
Companies premium

Pertamina tankers still stuck in the Strait of Hormuz

The state-owned energy giant will not order them through the narrow strait until it receives a comprehensive risk assessment and formal recommendations from relevant authorities. 

3 weeks ago
Companies

Airbus to inspect 16 A380s after cracks found on plane wings

The European Union Aviation Safety Agency (EASA) has ordered urgent inspections requiring airlines to examine the wing-spar structure on the affected jets after inspectors found cracks during routine maintenance checks.

3 weeks ago
Companies

Al Hikmah Attains IBDP, A First For An International Islamic Boarding School in Indonesia

Al Hikmah Attains IBDP, A First For An International Islamic Boarding School in Indonesia

3 weeks ago
Companies

Beyond El Niño: How Asian Agri builds communal, long-term fire prevention

As the dry season approaches, communities are becoming increasingly vital in the fight against land and forest fires.

3 weeks ago
Companies

Local student empowers neurodiversity community by improving access to quality education

Ryan Angouw, founder of MagnaMinds, continues to advocate for neurodivergent students across Indonesia as he advances his mission to create a safe space and inclusive education for all.

3 weeks ago
Companies

Driving toward a degree: Gojek partners and their families receive full scholarships

For many Gojek drivers, the road has long been more than a route between destinations. It is where they spend hours each day working to support their families, pursue their aspirations and create opportunities for the next generation.

4 weeks ago
Executive Column premium

Executive column: Ericsson chief says 5G key to Indonesia's digital ambitions

Ericsson Indonesia president director Nora Wahby spoke to The Jakarta Post’s Maudey Khalisha on May 19 to discuss rolling out the 5G spectrum in Indonesia toward realizing the country’s digital ambitions and elevating its global competitiveness.

4 weeks ago

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