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Companies premium

Pani gold reserves climb to 4.8m oz amid record bullion rally

Mining operations at Pani, run by publicly listed miner PT Merdeka Gold Resources, officially began on Oct. 1, with the first gold pour expected in the first quarter of next year.

3 days ago
Companies premium

Freeport recovers five more bodies, ending rescue efforts at Grasberg mine

The mining giant recovered on Sunday the bodies of five remaining workers who went missing on Sept. 8, bringing an end to a nearly monthlong search and rescue effort for seven total workers, all confirmed deceased. ...

4 days ago
Companies premium

Arsjad Rasjid launches equity firm, links up with Danantara

The former Kadin chief's new equity firm, Sriwijaya Capital, aims to bring Southeast Asian opportunities to the Gulf and vice versa as part of its broader mission to support the government's "Indonesia Inc" intitiative. ...

1 week ago

The Latest

Companies premium

Fuel retailers reject Pertamina's offers amid stock crunch

Major private fuel retailers face supply shortages after rejecting an offer to purchase base fuel from state-owned energy giant Pertamina over its ethanol content.

1 week ago
Companies

No supply disruptions after fire at Dumai oil refinery, Pertamina says

State energy firm Pertamina will divert fuel to supply some areas on Sumatra following a fire at its Dumai refinery, a company official said on Thursday, adding there were no supply disruptions.

1 week ago
Companies

US offers to buy stakes in Australian critical minerals companies

The US government has offered to buy equity in Australian critical minerals companies as part of a funding package to expand its supply and cut its reliance on China, executives recently returned from Washington said.

1 week ago
Companies premium

Finance minister slams ‘lazy’ Pertamina over refinery development delays

The newly installed finance minister has taken the state-owned energy giant to task for failing to develop any new refineries in the seven years since it pledged to build seven such facilities, burdening the state budget and dragging the government's energy independence efforts.

1 week ago
Companies premium

Antam still leans on imports as gold demand surges at home

Amid limited output and dwindling reserves, the state-owned gold miner is still importing the precious metal as demand surges and it develops its minting plant in Gresik.

1 week ago
Companies premium

Copper producers await extension of concentrate export permits

Indonesia's major copper producers are in talks with the government over export permits, as officials work to balance downstream ambitions with the practical challenges of smelter operations.

1 week ago
Companies

US permits Boeing to resume certifications on some planes

The US-based airplane manufacturer had previously been granted authority for the certificates, but the FAA removed the power following deadly crashes as well as production and safety problems involving Boeing jets.

1 week ago
Companies premium

Freeport sees copper, gold output plunge after Grasberg landslide

The company has outlined a phased restart strategy for the mine, with full recovery to pre-incident operating rates targeted for 2027.

2 weeks ago
Executive Column premium

Prudential sees ‘bullish’ growth in Indonesia amid rising medical inflation

Prudential's CEO of Health, Arjan Toor, and Prudential Indonesia’s Chief Health Officer, Yosie William Iroth, spoke with The Jakarta Post’s Ni Made Tasyarani about how the insurer is navigating challenges while seeking to tap into growth opportunities in Indonesia.

2 weeks ago
Companies premium

Search continues after two Freeport workers found dead

Following the recovery of two bodies on Saturday, Freeport Indonesia's rescue teams are continuing the difficult search for the five workers still trapped nearly two weeks since a devastating landslide collapsed an underground mine on Sept. 8 in Grasberg, Central Papua.

2 weeks ago
Companies premium

Danantara wants 12% Freeport stake to bolster state ownership

Freeport Indonesia said negotiations on the government's planned acquisition of additional company shares are ongoing.

3 weeks ago
Companies

GoPay QRIS expands network for cross border payment to support Bank Indonesia milestone

With a digital penetration rate of approximately 80 percent in Southeast Asia, countries in the region have prioritized digital transformation when it comes to national development. The ASEAN region is a potential market for digital payment innovation, in particular the increase use of the QR (Quick Response) payments since it was first introduced in each country.

3 weeks ago
Companies premium

Freeport workers still trapped as mine rescue enters second week

Two new tunnels were successfully dug to the initial target location within 30 hours, but the workers were not found there.

3 weeks ago
Companies premium

Indomie variant flagged by Taiwan safe to consume, BPOM says

The Food and Drug Monitoring Agency (BPOM) has stated that a variant of instant noodle brand Indomie flagged by Taiwanese authorities is safe for consumption, according to Indonesian standards.

3 weeks ago
Companies premium

United Tractors to buy North Sulawesi gold mine in $540m deal

As part of its long-term diversification strategy, United Tractors has moved to purchase the under-construction Doup project by acquiring a 100 percent stake in gold miner PT Arafura Surya Alam.

3 weeks ago
Companies

Norway sovereign wealth fund drops Eramet over environmental fears in Indonesia

Managed by the country's central bank Norges Bank and fueled by its vast energy revenues, the fund is the world's biggest, with a value of nearly $2 trillion and investments in more than 8,600 companies across the globe.

3 weeks ago
Companies premium

Pertamina exploring Pelita Air-Garuda Indonesia merger

The proposed plan to merge Pertamina's Pelita Air and national carrier Garuda Indonesia is part of a broader strategy to restructure SOEs and improve their competititveness toward eventual consolidation under Danantara, while strengthening the aviation industry.

4 weeks ago
Companies premium

Taiwan raises alert over cancer-causing chemical in Indomie

Taiwan’s Center for Food Safety (CFS) is reviewing all related product lines to determine whether other Indomie variants have been affected.

4 weeks ago
Companies

Hyundai battery plant start-up delayed by months following US raid, CEO says

A battery plant co-owned by Hyundai Motor is facing a minimum start-up delay of two to three months following an immigration raid last week, Hyundai CEO Jose Munoz said on Thursday.

4 weeks ago
Companies premium

Pertamina breaks ground on $3m green hydrogen project

The pilot project is designed to produce up to 100 kilograms of green hydrogen per day and is expected to begin operations next year.

1 month ago
Companies premium

Seven workers trapped after landslide at Freeport’s Grasberg mine

PT Freeport Indonesia (PTFI) is striving to evacuate seven workers trapped underground after a landslide struck the Grasberg Block Cave mine in Mimika, Central Papua, late on Monday.

1 month ago
Companies premium

Raja Ampat’s Gag Nikel resumes mining operations

PT Gag Nikel, a subsidiary of state-owned mining firm PT Aneka Tambang (Antam), has resumed operations in the Raja Ampat archipelago, Southwest Papua, after a temporary halt due to concerns over environmental damage.  

1 month ago
Companies

Freeport halts Grasberg mining operations after underground incident

The incident occurred late on Monday at one of five production blocks in the Grasberg Block Cave underground mine in Central Papua.

1 month ago
Companies

Trump warns foreign companies after S. Korean workers detained

President Donald Trump on Sunday warned foreign companies to obey US law after some 300 allegedly illegal South Korean workers were arrested at a Hyundai-LG battery plant being built in the southern state of Georgia.

1 month ago
Companies

Over 300 Koreans, one Indonesian reportedly held in US battery plant site raid

More than 300 South Koreans were among 475 people arrested by US immigration officials in a raid on a Hyundai-LG battery plant being built in the southern US state of Georgia, the foreign minister in Seoul said on Saturday. One Indonesian is reportedly among those detained.

1 month ago
Companies

Work paused at Hyundai's US site after hundreds of workers detained in raid

Up to 450 workers at a Hyundai Motor facility under construction in Georgia have been detained in a major raid by US authorities that has led to a pause in the project to build a car battery factory.  

1 month ago
Companies premium

Shell, BP pumps run dry in Jakarta as import caps bite

The energy minister said private fuel retailers seeking additional import quotas should instead tap existing national reserves by striking B2B deals with state-owned Pertamina.

1 month ago

Today's ePost

Sat, October 11, 2025

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