SKK Migas expects Mubadala Energy, the UAE-owned operator of the Tangkulo-1 exploration well, to accelerate development of the newly discovered gas deposit to start production in the next four years.

State-owned energy firm Pertamina, US major ExxonMobil and South Korea's KNOC on Wednesday signed a framework agreement for a carbon capture and storage (CCS) hub development in Indonesia.

Amid Indonesia’s industrialization fervor, Krakakoa founder Sabrina Mustopo recognized untapped potential in processing the country’s natural products, like cacao.

The government is offering five oil and gas blocks for the year’s first bidding round in a fresh effort to achieve its oil and gas production targets.

The floating solar power farm on the Jatigede Dam in West Java, will have an electricity output of 100 megawatt (MW) peak.

Commercial Aircraft Corporation of China, which is expanding production facilities for its C919 narrowbody jets, has sketched out preliminary designs for the new aircraft, according to the report published late on Monday.

A couple of companies are already engaged in making business plans and finance schemes with their Indonesian counterparts, Japan's economic affairs minister has said.

PT GoTo Gojek Tokopedia, Indonesia’s largest digital ecosystem has paved the way toward sustainable growth through rigid focus on affordable product innovation in its on-demand-service (ODS) arms. This move is part of the group’s strategy to widen its user base.

Citing strong customer demand, it said group profits for the past two years hit $8.1 billion, surpassing the losses seen during pandemic-hit 2020-2022.

Tin gained significant attention after the Attorney General’s Office (AGO) opened in March a graft case on state-owned tin miner PT Timah, which holds the largest tin mining concessions in the country.

The wild success of OpenAI's ChatGPT has sparked an AI gold rush, with demand surging around the world for the cutting-edge chips needed to train and run AI services.

Semiconductor Manufacturing International Corporation (SMIC), China's leading chipmaker, was targeted by US sanctions in 2020 over concerns about its military ties.

Hundreds of workers who lost their livelihoods when well-known shoe brand Bata closed its only factory in the country face an uncertain future but want to make the most of the compensation they expect to receive to build a future for themselves.  

Indonesia’s Chandra Asri is in expansion mode after announcing plans to construct a caustic soda plant and an ethylene dichloride plant.

The ministry has previously considered putting debt-laden Waskita Karya under Hutama Karya, which it deems to be in much better financial condition.

The partnership is expected to explore new mineral deposits, including a potential one in Bledug Kluwu in Central Java.

Reiterating GoTo’s dedication to upholding proper environmental, social and governance initiatives (ESG) in its management, GoTo recently published its fourth sustainability report titled ‘Reshaping The Future’.

The relocation of the national capital to Nusantara presents a significant opportunity for Jakarta to become a more modern, comfortable and healthy city for its residents.

The issue centers on whether Boeing undertook required inspections to "confirm adequate bonding and grounding where the wings join the fuselage on certain 787 Dreamliner airplanes," the Federal Aviation Administration said in an email.

Industry association Aprisindo has noted that although Bata had closed its Purwakarta factory, the manufacturer was continuing to produce its branded footwear through contractual agreements with third-party factories.

Berkshire Hathaway Inc posted a record quarterly profit on Saturday, boosted by strength in its insurance operations, and appears to have sold a significant number of Apple shares as its cash stake swelled to $189 billion.

Indonesia’s flag carrier has reported revenue of US$711.98 million for the first quarter of 2024, marking an 18.07 percent increase over a one-year period.

The investment, the largest in Microsoft's 32-year history in Malaysia, will include building cloud and AI infrastructure, creating AI-skilling opportunities for 200,000 people, and supporting the country's developers, the company said.

The plan would mark a shift in the company’s automobile focus, as it primarily relies on internal combustion engine (ICE) and hybrid vehicle sales.

Indonesia has an opportunity to take a holistic, cross-stakeholder approach by restoring the nonbiodegradable, fossil fuel-based material to its original aim: to reduce harm to nature.

A source said the firm sees the boycott as an opportunity to cease some of the KFC store operations that have weighed on its balance sheet.

The world's leading EV maker has signed an MoU to build a manufacturing plant in West Java with an annual capacity of 150,000 units to start operating in January 2026.