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Companies premium

No talks yet on Jakarta MRT extension to Tangerang: Japan diplomat

The Japanese ambassador has said Tokyo will support the east-west line of the Jakarta MRT, but has no immediate plans to provide funding for its extension into neighboring Banten province.

10 hours ago
Companies premium

Tsingshan slashes local nickel pig iron output amid profit squeeze

Move is in line with projections that total NPI output in Indonesia will plummet from 4.76 million tonnes in 2024 to just 1.74 million tonnes this year. ...

1 day ago
Companies

APRIL Group Set to Expand Community-Led Conservation Programme to 100,000 Hectares by 2030

APRIL Group, one of the world’s leading producers of pulp, paper and paperboard products, has unveiled its commitment to expand its community-led conservation program to cover 100,000 hectares by 2030, more than tripling its current coverage. This initiative is designed to reinforce the company's continued commitment to sustainable forest restoration and conservation. ...

2 days ago

The Latest

Companies

Indosat continues value-driven growth with consistent dividend payouts

Many companies, including those in the telecommunications sector, are undergoing transformation and investing heavily in artificial intelligence (AI). These efforts require significant capital outlays in research and development, talent acquisition, infrastructure and strategic partnerships. This shift reflects a broader industry trend favoring long-term innovation over short-term profitability.

2 days ago
Companies premium

Integrated EV battery project in Halmahera to break ground this month

The industrial complex will include a high pressure acid leaching (HPAL) smelter, precursor and cathode facilities and a battery cell plant.

2 days ago
Companies premium

Sustainable finance in transition: A sharper focus

Despite the general pullback trend in sustainable finance and early signs of saturation, more flexible instruments like SLLs present better resilience as the broader energy transition investment landscape moves toward selectivity, and this juncture of strategic adjustment is where Indonesian banks come in.

2 days ago
Companies premium

Eramet, Danantara agree to explore nickel supply chain projects

The deal is part of Macron’s broader push to strengthen economic ties with Indonesia and was marked by the signing of 26 bilateral agreements across energy, investment and food security, with total commitments valued at US$11 billion.

1 week ago
Companies

RGE, TotalEnergies to develop solar power, battery energy storage project in Indonesia

RGE and TotalEnergies, through their equally-owned  joint venture Singa Renewables (Singa), have entered into a Co-Investment Agreement to develop, build and operate a solar photovoltaic (PV) power plant with battery energy storage  system (BESS) in Riau Province, Indonesia. The utility-scale project will be constructed in phases.

1 week ago
Companies

Alibaba and GoTo Boost Indonesia’s AI Talent Through GenAI Hackathon 2025

Alibaba Cloud collaborated with PT GoTo Gojek Tokopedia (GOTO) and the Communications and Digital Ministry to organize the Alibaba Cloud Indonesia GenAI Hackathon 2025.

1 week ago
Companies premium

China’s GEM to invest $8b in battery recycling hub in Kalimantan

Initial investment for the Indonesia Green Industrial Park (IGIP) is expected to reach $2 billion, with total capital outlay gradually increasing to $8 billion, GEM founder and chairman Xu Kaihua told reporters on Saturday.

1 week ago
Companies premium

Car Sales Stagnation in Indonesia

The government must develop a more balanced approach to fulfill Indonesia's potential in the automotive industry. The government can implement policies such as lowering taxes on all types of cars, making financing more accessible and supporting economic growth to bolster the industry.

1 week ago
Companies

Nourishing a nation: Danone’s legacy in advancing public health in Indonesia

From early childhood nutrition to sustainable community programs, Danone Indonesia continues to shape a healthier future for generations

1 week ago
Companies premium

Tension arises between Garuda and its pilots union over recruitment

The pilots union deemed the amount as unusual and criticized the move as inconsistent with a push from the government and the company for cost efficiency, urging management to conduct an evaluation to ensure the airline’s business sustainability.

1 week ago
Companies premium

Shell to sell local gas stations to new Indonesia-Philippine venture

Shell is selling its gas station business and related supply and distribution operations, but not its lubricant business, to an Indonesian-Philippine joint venture, with the transfer process to be completed by the end of next year.

1 week ago
Companies

Spending on the rise, savings strain: Indonesia's financial tightrope

Domestic economic pressures, driven by inflation and the rising cost of living, continue to weigh heavily on household sentiment. This has led to a shift in spending patterns, and understanding these changes is essential for businesses seeking sustainable growth.

1 week ago
Companies

After brief X outage, Musk says refocusing on businesses

Social media platform X was hit by a two-hour outage Saturday, prompting owner Elon Musk to say he needs to spend more time focusing on his companies.

1 week ago
Companies

US govt reaches deal with Boeing to allow planemaker to avoid prosecution

Boeing agreed to pay an additional $444.5 million into a crash victims’ fund that would be divided evenly per crash victim on top of an additional $243.6 million fine.

1 week ago
Companies

Trump greenlights Nippon Steel 'partnership' with US Steel

The new "planned partnership" between America's US Steel and Japan's Nippon Steel would create at least 70,000 jobs and add $14 billion to the US economy, according to US President Trump.

1 week ago
Companies premium

Danantara to invest in mega EV battery projects backed by Huayou, CATL

Danantara CEO Rosan Roeslani floated the idea of the government pursuing majority stakes in the projects, either through Danantara itself or through state-owned enterprises (SOEs) now under the fund’s control.

2 weeks ago
Companies premium

Daewoo reportedly plans to invest $1b in RI’s oil and gas, construction sectors

The South Korean company previously signed a memorandum of understanding for a project in the planned new capital city of Nusantara and secured a contract for piping at the BP-operated Tangguh LNG facility in West Papua.

2 weeks ago
Companies

Attorney General's Office arrest CEO of textile giant Sritex

The president director of bankrupt textile giant Sritex has been arrested as part of a corruption investigation, the Attorney General's Office said on Wednesday.

2 weeks ago
Companies premium

Petronas in talks with Pertamina, TotalEnergies to develop Bobara Block

Malaysian oil and gas firm Petronas is in discussions with Indonesia's Pertamina and French energy giant TotalEnergies to develop the offshore Bobara oil and gas exploration block in West Papua, a senior Petronas executive said on Tuesday.

2 weeks ago
Companies premium

Countercyclical policies to support economic growth

The anticipated monetary easing in 2025 presents a strategic opportunity that the banking sector should fully capitalize on.

2 weeks ago
Companies premium

Total, Chevron may revive business in Indonesia: SKK Migas

The Upstream Oil and Gas Regulatory Special Task Force (SKK Migas) said French energy giant TotalEnergies is considering reinvesting in Indonesia’s upstream oil and gas industry.

2 weeks ago
Think Big 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.

2 weeks ago
Companies premium

CATL to start EV battery production in Indonesia by March 2026

The company secured offtake agreements from Europe and the United States but did not specify which firms were looking to procure the EV batteries produced through theproject.

2 weeks ago
Companies premium

Medco launches production at Forel, Terubuk fields

President Prabowo Subianto presided over the launch of production at the Forel and Terubuk oil and gas fields in the South Natuna Sea off Riau Islands on May 16.

2 weeks ago
Companies

APL Logistics opens eco-friendly logistics hub at KBN Marunda Industrial Estate

Supply chain specialist APL Logistics recently opened its first distribution center, dubbed the Marunda Flow Center, at the KBN Marunda Industrial Estate in North Jakarta.

2 weeks ago
Companies premium

Energy ministry approves Kuwaiti plan to develop Anambas Block

The government has green-lit KUFPEC's plan to develop the gas-rich Anambas Block in the Natuna Sea for an estimated investment of US$1.54 billion to supply both the domestic and regional markets.

3 weeks ago
Companies

Vietnam's Vingroup eyes multibillion dollar high-speed rail project

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.

3 weeks ago
Page: 10

Today's ePost

Sat, June 7, 2025

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