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Companies premium

Whoosh inflicts Rp 5.1 trillion H1 loss on Indonesian SOEs

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 ago
Companies premium

Citilink expands fleet to 43 aircraft, thanks to Danantara's support

Low-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 ago
Companies

Wildberries: 'Russia's Amazon' targeted by Ukraine

Ukraine 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 ago

The Latest

Companies

Oil giants report blowout profits on war, say gas prices could stay high

US 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 ago
Companies premium

Batang Toru hydropower plant fast-tracked to stabilize Sumatra’s fragile grid

The 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 ago
Companies premium

Miners brace for rising equipment damage, cost risks amid B50 mandate

The core problem lies in the chemical nature of the biofuel, which readily absorbs water, causing premature fuel injector damage and faster filter contamination.

6 days ago
Companies

BSD City creates opportunities through upskilling talents, contributing social impact

How BSD City and D-HUB SEZ are helping shape Indonesia’s journey toward Indonesia Emas 2045

6 days ago
Companies premium

Ministry flags Danantara, BPKP to solve delayed LRT City projects

The 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 ago
Companies

SK hynix posts 1,200% net profit boost on AI chip boom

SK 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 ago
Companies

Danone Indonesia develops science-based nutrition to help address iron deficiency

Science-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 ago
Companies

FAA says seats on Boeing 737 MAX jets may need inspections

If 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 ago
Companies

Sustainable water conservation underpins AQUA's business

The 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 ago
Companies

Indonesia’s automotive market is resetting, but long-term growth remains strong

Indonesia'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 ago
Companies premium

Amman seals completion of West Sumbawa copper smelter

Designated 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 ago
Companies premium

Pos Indonesia settles overdue bond payment

The 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 ago
Companies

Telkom Group strengthens Indonesia’s digital sovereignty via Nongsa-Changi Cable

The submarine cable system reinforces Batam’s position as a digital hub, connecting Indonesia and Singapore to global markets.

1 week ago
Companies premium

Chinese firm breaks ground on $317m electric excavator plant

The plant, located in the Karawang Artha Industrial Hill (KAIH) industrial estate, is scheduled to begin operations in the first half of 2027.

1 week ago
Companies premium

Minister to hold SOE accountable as LRT City progress stalls

Consumers 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 ago
Companies premium

Danantara will have shut down 250 SOEs by end of July: Prabowo

In 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 ago
Companies premium

Ground broken on long-delayed Masela project

The 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 ago
Companies

DeepSeek reportedly to raise fresh capital at $74 billion valuation ahead of IPO

Chinese 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 ago
Companies

Boeing sees 'new generation' planes dominating in 2045

Plane 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 ago
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).

2 weeks 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.

2 weeks ago
Companies premium

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.

3 weeks ago
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.

3 weeks 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.

3 weeks 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.

3 weeks 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.

3 weeks 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. 

3 weeks ago

Today's ePost

Wed, August 5, 2026

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