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Companies
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Govt to sanction Morowali industrial park for environmental violations
The Environment Ministry is coming down hard on IMIP over multiple violations at its nickel hub in Central Sulawesi, including setting up a slag and tailing storage facility in an unlicensed area, excessive air pollution and insufficient wastewater management, following public outrage over exploitative activities in Papua's famed marine tourist hot spot Raja Ampat.
2 hours ago
Economy
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Java no longer has power oversupply, ministry says
Java no longer experiences an electricity oversupply, an Energy and Mineral Resources Ministry official said, urging immediate development of new energy sources, especially renewables, to meet rising demand.
4 hours ago
Economy
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Govt faces hurdles in bridging infrastructure funding gap
The government is banking on corporate participation to bridge Indonesia’s infrastructure funding gap, but experts warn that strained finances of state-owned construction firms and the current reluctance of private investors to commit to large-scale projects may hinder progress.
16 hours agoThe Latest
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Companies
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Moody’s downgrades BTN’s baseline credit assessment over solvency risks
The global rating agency downgraded the state-owned lender’s inherent creditworthiness to Ba2 citing real risks in its outstanding loans and accrued interest receivables, though it maintained BTN’s overall credit rating at Baa2 with a stable outlook.
17 hours ago
Companies
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Danantara to pare back SOEs in insurance, logistics sectors
The state asset fund, which also acts as the holding body for SOEs, plans to consolidate the logistics sector from 18 firms into a single major player and to merge 16 state-owned insurers into just three entities.
23 hours ago
Regulations
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Tax revenue down 10% yoy in May amid payment shifts, policy changes
Mirroring a fall in tax collection, state revenue also declined to Rp 995.3 trillion (US$61 billion) in May, down by 11 percent from Rp 1.1 quadrillion in the same period last year.
1 day ago
Companies
Southeast Asia's budget airlines bet on travel demand, despite competition woes
Southeast Asia's biggest budget airlines are pursuing a bruising capacity expansion race despite rising cost pressures that are squeezing profitability and led Qantas Airways to shut down Singapore-based offshoot Jetstar Asia.
1 day ago
Regulations
premium
PLN might sit out solar power export projects to Singapore
PLN is unlikely to be directly involved in the initial phase of planned solar power exports from Indonesia to Singapore. An energy expert said the state-owned power provider should prioritize meeting its commitments under the electricity procurement business plan (RUPTL), given its limited capital and extensive domestic responsibilities.
1 day agoPopular
- Early school a new burden
- Bali flights canceled after Lewotobi Laki-laki volcano eruption
- Mt Lewotobi Laki-Laki’s alert status raised to highest level
- Many flights to Bali cancelled after East Nusa Tenggara volcano eruption
- Tiny homes for young urbanites draw criticism over livability
- Danantara to pare back SOEs in insurance, logistics sectors
- Rare bird sightings highlight Jakarta Naturalist Walk exploration on urban biodiversity
- Indonesia should not follow the West's example on climate and development
- Quagmire anyone?
- Indonesia’s defense industry: Between self-reliance and the illusion of imported strength
tech
AI's arrival at work reshaping employers' hunt for talent
Predictions of imminent AI-driven mass unemployment are likely overblown, but employers will seek workers with different skills as the technology matures, a top executive at global recruiter ManpowerGroup told AFP at Paris's Vivatech trade fair.
5 days ago
tech
Pluang expands to the Philippines, offers access to fractional US stocks
Indonesian investment platform Pluang became the first to expand to the Philippines and to offer access to United States regulated fractional stocks.
1 week ago
tech
Apple under pressure to shine after AI stumble
Pressure is on Apple to show it hasn't lost its magic despite broken promises to ramp up iPhones with generative artificial intelligence (GenAI) as rivals race ahead with the technology.
1 week ago
economy
Energy transition: How coal mines could go solar
Disused coal mines could be refashioned to place vast fields of solar panels, a new report suggests, providing an unlikely solution to a common obstacle to uptake of the green energy source.
1 day ago
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companies
Southeast Asia's budget airlines bet on travel demand, despite competition woes
Southeast Asia's biggest budget airlines are pursuing a bruising capacity expansion race despite rising cost pressures that are squeezing profitability and led Qantas Airways to shut down Singapore-based offshoot Jetstar Asia.
1 day ago
companies
Discovering and promoting young artists at Asmaraloka Art Exhibition Chapter 3: Memories
In a brutalist building of Semesta Gallery in South Jakarta, Asmaraloka Art Exhibition Chapter 3 displays a three-floor testament to “Memories”, and, more urgently, to the emergence of a new generation of Indonesian creatives.
2 days ago
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markets
Bank of Japan holds rates, says to slow bond purchase taper
The Bank of Japan kept interest rates unchanged Tuesday and said it would taper its purchase of government bonds at a slower pace amid concerns about the effect of trade uncertainty on the world's number four economy.
2 days ago
markets
Oil prices jump after Trump's warning, stocks extend gains
Oil prices rallied Tuesday after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out war as Israel and Iran continued to pound each other with missiles.
3 days ago
markets
US Fed set to hold rates steady in the face of Trump pressure
The US central bank is expected to keep interest rates unchanged for a fourth straight policy meeting this week, despite President Donald Trump's push for rate cuts, as officials contend with uncertainty sparked by the Republican's tariffs.
4 days ago
markets
Stocks slide, oil and gold jump after Israel strikes Iran
Stocks dived in early Asian trade on Friday, led by a selloff in US futures, while oil prices jumped after Israel conducted a military strike on Iran, sending investors scurrying to safe havens such as gold and the Swiss franc.
1 week ago
markets
Stocks slip, dollar droops as trade, geopolitical tensions weigh
Global stocks and the dollar slipped on Thursday as investors sized up a benign US inflation report and the fragile trade truce between Washington and Beijing, while rising tensions in the Middle East and lingering tariff anxiety dented risk sentiment.
1 week ago
Popular
- Early school a new burden
- Bali flights canceled after Lewotobi Laki-laki volcano eruption
- Mt Lewotobi Laki-Laki’s alert status raised to highest level
- Many flights to Bali cancelled after East Nusa Tenggara volcano eruption
- Tiny homes for young urbanites draw criticism over livability
- Danantara to pare back SOEs in insurance, logistics sectors
- Rare bird sightings highlight Jakarta Naturalist Walk exploration on urban biodiversity
- Indonesia should not follow the West's example on climate and development
- Quagmire anyone?
- Indonesia’s defense industry: Between self-reliance and the illusion of imported strength
