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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

In Indonesia’s expanding fragrance industry, Oaken Lab focuses on artisan perfumery to produce authentic scents through in-house experiments.

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.

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.

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.

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.

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.

As some countries and global firms look to invest in the US to avoid Washington’s import tariffs, Indonesian businesses remain hesitant. The Indonesian Employers Association (Apindo) sees no strong appetite for outbound investment among local companies.

The land would be developed by the Agriculture Ministry, with 200,000 hectares situated in Wanam, South Papua, while the remaining 225,000 hectares spread across South Kalimantan, Central Kalimantan, West Kalimantan and South Sumatra.

A subsidiary of publicly listed mining company PT Amman Mineral Internasional entered Phase 8 with reserves of around 460 million tonnes of minerals after it concluded Phase 7 last year.

Businesses note that some companies need age caps to simplify the hiring process, especially when there are large applicant pools.

A BYD Seal caught fire in the Palmerah area of West Jakarta on Tuesday afternoon in an incident suspected to have been caused by a short circuit in the electric vehicle’s battery.

The key to resolving the housing backlog is to take a balanced policy approach that addresses both the supply and demand side, more especially the latter, to provide more flexible housing options.