Companies

Rio Tinto, Glencore shelve ambitions to form world's largest miner

Rio Tinto has walked away from takeover talks with Glencore, ending months of negotiations over a tie-up that would have reshaped the global mining industry.

A view shows the Rio Tinto logo in Perth, Australia, April 19, 2025.

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Pertamina merges fuel, refining and shipping units to ‘improve efficiency’

Companies

Boeing eyes booming Southeast Asian skies

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Google goes from laggard to leader as it pulls ahead of OpenAI with stellar AI growth

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Editor's Picks

An employee arranges rupiah banknotes at Bank Mandiri in Jakarta on June 23, 2022. Currencies in Southeast Asia and around the world have dropped against the United States dollar this year as the Federal Reserve has hiked rates particularly fast.

Companies

The 2024 banking industry outlook

There are two situations in 2024 that will affect the condition of national banking; first, the general election; second, indications of a weakening global economy.

Handcrafted: Everything about the recreation car is mainly made up by hands, therefore the process of creating a car could take from six months to one year period. (JP/Yohana Belinda)

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Tuksedo gives cars from the past a brand-new future

A family-owned workshop in Bali recreates classic cars for discerning customers and is now looking to include EV options.

Companies

Indonesia, ExxonMobil sign agreement on CCS, petrochemical projects

The government, along with state-owned oil and gas corporation Pertamina, inked two agreements with United States oil and gas giant ExxonMobil pertaining to advancing the progress on carbon capture storage (CCS) projects and exploring a potential petrochemical complex in Indonesia.

Global, then local: Kurobokan founder Paulus Hyu plays with his French bulldog, which inspired his Nimbus series. While the company relies mainly on overseas buyers, Paulus believes more customers enthusiastic about collectibles will emerge in and grow the domestic market.

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From Frenchie to fortune: Kurobokan spotlights Indonesia-designed toys

With quirky collectibles, Kurobokan puts Indonesia on the map in the so-called kidult market, proving that toys are for everyone, no matter their age.

Companies Updates

The Tujuh Bukit gold mine operated by PT Merdeka Copper Gold subsidiary PT Bumi Suksesindo, is seen is on Oct. 25, 2024, in Banyuangi, East Java.

Companies

Merdeka Copper eyes doubling gold output, nickel expansion this year

The move aligns with the continued rise in gold prices, which on Tuesday posted their largest daily percentage gain since November 2008.

Boxes of battery cells are seen stored for shipment on Aug. 28, 2024. at the battery manufacturing plant of PT HLI Green Power, Indonesia's first electric vehicle battery cell manufacturer, in Karawang, West Java.

Companies

Manufacturing PMI climbs on rising domestic demand

Companies

Manufacturing PMI climbs on rising domestic demand

Indonesia's manufacturing sector maintained its growth trajectory at the start of the year with business conditions improving at a firmer pace on the back of stronger domestic demand, according to a monthly survey published by S&P Global.

(Courtesy of Sarana Multi Infrastruktur)

Companies

PT SMI’s journey in strengthening Indonesia's sustainable development

The need for sustainable infrastructure has gained increasing prominence amid Indonesia’s efforts to accelerate national development in line with the government’s Asta Cita agenda. The challenges of climate change, development disparities and growing demand for a green economy have driven the adoption of new approaches that go beyond physical outputs, ensuring that social and environmental benefits are delivered to communities.

The BCA Tower stands out on Jakarta’s Jl. Thamrin thoroughfare near the Hotel Indonesia traffic circle on Dec. 18, 2016.

Companies

BCA announces Rp5t share buyback as IDX drops further

The country’s biggest private bank by assets has announced a plan to repurchase up to Rp 5 trillion (US$298.6 million) worth of its shares following a sharp decline in the Indonesian Stock Exchange (IDX) Composite index.

Companies

Amazon to cut 16,000 jobs worldwide

The job cuts, which follow already flagged plans to trim its workforce by 14,000 posts, were aimed at "reducing layers, increasing ownership, and removing bureaucracy," senior vice president Beth Galetti said in a statement.

Executive Column

Dharma Simorangkir, president director Microsoft Indonesia (left) and Fiki Setiyono, Azure go-to-market lead, Microsoft ASEAN, are pictured in Jakarta for the Microsoft Cloud & AI Innovation Summit 2025, on Nov. 25

Cloud, AI services to boost Indonesia’s economy, Microsoft says

Backed by a US$1.7 billion investment through 2028, Microsoft aims to build Indonesia’s digital economy by expanding cloud and AI infrastructure, strengthening the developer ecosystem and training 500,000 AI-ready talents by 2026.

Vijay Ratnaparkhe, Bosch President of Region Asia Pacific South

Bosch goes new ways with modular factory in West Java

The Germany-based engineering and technology company aims to complete the new facility in the first quarter of 2027. Bosch regional president for Asia Pacific South Vijay Ratnaparkhe spoke to The Jakarta Post’s Maudey Khalisha on Nov. 19, the day of the factory’s groundbreaking ceremony, about tapping into rising domestic demand from the automotive and other industries.

Infor SVP solution consulting Phil Lewis poses in a picture on Aug. 28, at the JW Mariott Kuningan, Jakarta.

Indonesia ‘impatient’ in tech adoption, Infor says

New York-based software provider Infor hosted its first Velocity Day event in Jakarta on Thursday as part of a tour across Southeast Asia. In Jakarta, Infor SVP solution consulting Phil Lewis spoke to The Jakarta Post’s Ruth Dea Juwita and Mark Lempp about the challenges of introducing new technology, including managing corporate change and overcoming adoption barriers like data sovereignty concerns.

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GE HealthCare eyes Indonesia as regional hub for medical device exports

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Bali’s Nuanu seeks investors that look beyond profit

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Executive Column: Being a small bank makes no sense, says KBank

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FLSmidth sees energy transition driving global minerals demand

Mikko Keto, CEO of mining and cement technology and service supplier FLSmidth, speaks to The Jakarta Post’s Divya Karyza about the company’s views on regulatory and industry challenges and what to expect in the coming years.

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Collected waste is dropped off at Bali Waste Cycle (BWC)'s processing facility in Klungkung regency, Bali.

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Bali Waste Cycle aims to scale up to make recycling profitable

Born out of Bali’s growing trash problem, Bali Waste Cycle (BWC) seeks to expand its business, balancing profit, purpose and sustainability.

A customer explores fragrances at Oaken Lab's artisan perfumery in Pererenan, Bali.

Oaken Lab brings fresh scent to Indonesia’s perfume market

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Oaken Lab brings fresh scent to Indonesia’s perfume market

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Coffee chain Tuku seeks perfect blend for expansion

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Studio Ubud awakens Indonesian anime

CEO Profile

Teck Seng Ho: Understanding client needs crucial for sustaining Sun Life Indonesia

Newly appointed Sun Life Indonesia president director Teck Seng Ho has expressed positivity about the company’s client-friendly work environment.

Leading Indosat's growth to empower Indonesia, Vikram Sinha named 2023 CEO of the Year

Indosat Ooredoo Hutchison (Indosat) continues to record splendid operational and financial performances following its recent merger. Embracing the spirit of Gotong Royong, Indosat has a greater goal of empowering Indonesia.

Securing Indonesians’ future through innovation, teamwork

PT Asuransi Allianz Life Indonesia has recently appointed Alexander Grenz as Country Manager and President Director of Allianz Life Indonesia. After obtaining a permit from the Financial Services Authority (OJK), he took the role on April 7, where he will be managing Allianz's operational activities

Nicknamed Mel by her close acquaintances, Melissa is the new president of the GoTo e-commerce business unit, known to the wider public as Tokopedia and part of Indonesia’s largest digital ecosystem.

Melissa Siska Juminto and the journey of growth and excellence

In an age of instant gratification, trusting the process has become somewhat of a rare quality. This is not the case for Melissa Siska Juminto.

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Companies

Rio Tinto, Glencore shelve ambitions to form world's largest miner

Pertamina merges fuel, refining and shipping units to ‘improve efficiency’

Boeing eyes booming Southeast Asian skies

Google goes from laggard to leader as it pulls ahead of OpenAI with stellar AI growth

Editor's Picks

The 2024 banking industry outlook

Tuksedo gives cars from the past a brand-new future

Indonesia, ExxonMobil sign agreement on CCS, petrochemical projects

From Frenchie to fortune: Kurobokan spotlights Indonesia-designed toys

Companies Updates

Merdeka Copper eyes doubling gold output, nickel expansion this year

Manufacturing PMI climbs on rising domestic demand

Manufacturing PMI climbs on rising domestic demand

PT SMI’s journey in strengthening Indonesia's sustainable development

BCA announces Rp5t share buyback as IDX drops further

Amazon to cut 16,000 jobs worldwide

Executive Column

Cloud, AI services to boost Indonesia’s economy, Microsoft says

Bosch goes new ways with modular factory in West Java

Indonesia ‘impatient’ in tech adoption, Infor says

GE HealthCare eyes Indonesia as regional hub for medical device exports

Bali’s Nuanu seeks investors that look beyond profit

Executive Column: Being a small bank makes no sense, says KBank

FLSmidth sees energy transition driving global minerals demand

Think Big

Bali Waste Cycle aims to scale up to make recycling profitable

Oaken Lab brings fresh scent to Indonesia’s perfume market

Oaken Lab brings fresh scent to Indonesia’s perfume market

Coffee chain Tuku seeks perfect blend for expansion

Studio Ubud awakens Indonesian anime

CEO Profile

Teck Seng Ho: Understanding client needs crucial for sustaining Sun Life Indonesia

Leading Indosat's growth to empower Indonesia, Vikram Sinha named 2023 CEO of the Year

Securing Indonesians’ future through innovation, teamwork

Melissa Siska Juminto and the journey of growth and excellence