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A coal barge sails the western Java Sea on Oct. 31, 2023, as it heads to a coal terminal near the Suralaya coal-fired power plant in Cilegon, Banten.
A coal barge sails the western Java Sea on Oct. 31, 2023, as it heads to a coal terminal near the Suralaya coal-fired power plant in Cilegon, Banten.`
Companies premium

Police probe coal miners over alleged graft tied to blackouts

The National Police’s Criminal Investigation Department (Bareskrim) revealed that investigators had uncovered alleged irregularities in coal procurement involving two companies identified only by their initials, UBP and BRA.  

43 minutes ago
Companies premium

Some 200 Tokopedia staff leave TikTok amid restructuring

The workers opted to accept compensation packages offered by Tokopedia-owner TikTok rather than being laid off, Deputy House of Representatives Speaker Sufmi Dasco Ahmad said during a meeting called to clarify reports of mass layoffs.  

6 hours ago
Regulations

B50 and the price of energy independence

The biggest challenge for the implementation of B50 is how to balance palm oil demand between biodiesel, food needs and exports.

8 hours ago

The Latest

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Companies

Meta says US states seeking $1.4 trillion in penalties in youth safety trial

Meta Platforms said in a court filing on Monday that four states were seeking US$1.4 trillion in penalties over accusations the company designed its Facebook and Instagram platforms to addict young users and misled the public about their safety.

8 hours ago
Companies

Samsung expects 1,800% operating profit leap on AI boom

Samsung's estimate would be the "largest quarterly operating profit in history", beating that of AI chip titan Nvidia, said Kim Dae-jong, a business administration professor at Sejong University.

10 hours ago
Companies

Corporate Japan's rare-earth warnings get louder as China keeps the spigot closed

A shortage of critical minerals is starting to affect the broader Japanese economy, adding a sense of urgency for Prime Minister Sanae Takaichi's government to find alternatives to exports that China has cut off, according to recent corporate filings.

12 hours ago
Economy premium

Govt aims for year-end launch of tax-friendly financial center

An early draft version contains stipulations on special legal and taxation powers, which experts say could leave the country open to illicit financial activities such as money laundering with few economic benefits.

1 day ago
Economy

Indonesia, Singapore sign agreement on cross-border electricity project

Indonesian sovereign wealth fund ​Danantara and Singapore's Keppel Electric, Sembcorp ‌Industries and Singapore Energy Interconnections have signed a memorandum of understanding for ​a cross-border electricity project, Singapore's ​prime minister said on Monday.

1 day ago
tech

OpenAI reportedly proposes handing US government 5 percent stake

OpenAI has discussed giving the US government a 5 percent stake, the Financial Times reported on Thursday, as AI firms face growing scrutiny in Washington over the potential misuse of advanced models and whether Americans will share in the sector's profits.

5 days ago
tech

China's 'future industries' push triggers flood of venture capital, bubble concerns

Venture capital and private equity investments in China totaled $91.6 billion in the first five months of this year, jumping nearly 60 percent from a year earlier, according to ChinaVenture Investment Consulting.

1 week ago
tech

Indonesia plans to embed AI in key programs, including $15 billion free-meal drive

The presidential regulation lays out a roadmap for ministries and regional governments to adopt AI from 2026 to 2029, targeting "economic growth through development, facilitation and use of AI especially in the president's priority programs."

2 weeks ago
economy

Indonesia, Singapore sign agreement on cross-border electricity project

Indonesian sovereign wealth fund ​Danantara and Singapore's Keppel Electric, Sembcorp ‌Industries and Singapore Energy Interconnections have signed a memorandum of understanding for ​a cross-border electricity project, Singapore's ​prime minister said on Monday.

1 day ago
economy

Europe's baked rice bowl seeks escape from drought

Pavia is at the heart of Italy's rice-making industry. The province regularly produces nearly 5 million tonnes of the grain each year. But this year there was not enough spring rain and its rice farmers are despondent.

2 days ago
economy

Slowing US job growth poses midterms challenge for Trump

The United States posted weaker-than-expected job growth in June as new data showed the labor market is facing headwinds ahead of testing midterm elections for President Donald Trump's Republicans.

4 days ago
companies

Meta says US states seeking $1.4 trillion in penalties in youth safety trial

Meta Platforms said in a court filing on Monday that four states were seeking US$1.4 trillion in penalties over accusations the company designed its Facebook and Instagram platforms to addict young users and misled the public about their safety.

8 hours ago
companies

Samsung expects 1,800% operating profit leap on AI boom

Samsung's estimate would be the "largest quarterly operating profit in history", beating that of AI chip titan Nvidia, said Kim Dae-jong, a business administration professor at Sejong University.

10 hours ago
companies

Corporate Japan's rare-earth warnings get louder as China keeps the spigot closed

A shortage of critical minerals is starting to affect the broader Japanese economy, adding a sense of urgency for Prime Minister Sanae Takaichi's government to find alternatives to exports that China has cut off, according to recent corporate filings.

12 hours ago
companies

Less Hassle, More Flavor: Uncover the City with Gojek’s Jalan Jajan

School holidays are officially here, bringing with them comes the perfect excuse to rediscover our own neighborhood. This season, Gojek is transforming the way Indonesians explore their cities with the launch of Jalan Jajan, a curated, hyper-local recommendation playbook embedded right inside the Gojek app while championing local business.

1 day ago
markets

Asian shares slip as earnings loom, oil weighed by supply

Asian share markets eased on Monday as caution took hold ahead of a crucial earnings season for the artificial intelligence sector, while the potential for increased supply weighed on oil prices and promised relief from inflationary pressures.

1 day ago
markets

Chinese investors flock to Hong Kong as trading curbs tighten

Soon after disembarking at Hong Kong's train station, Chinese private investor Feng was opening a stock trading account at a nearby brokerage, hoping to evade tighter restrictions on capital leaving the country.

3 days ago
markets

Asian markets rise as beaten tech stocks enjoy respite from selling

Asian stocks rose Friday as tech firms enjoyed a much-needed reprieve from the heavy selling of recent weeks, with a big miss on US jobs creation soothing worries over a Federal Reserve interest rate hike.

4 days ago
markets

Asian shares fall as chipmakers drag; US jobs data looms

Asian shares skidded on Thursday as investors rotated out of chipmakers following a stellar quarter, while currency and bond markets braced for US jobs data that could gives hints about the risk of interest rate hikes.

5 days ago
markets

Yen stumbles to 40-year low as clock ticks on intervention

The yen slumped to levels not seen since 1986 on Tuesday, stoking worries that direct intervention from Tokyo was around the corner, while the dollar backed away from 13-month highs ahead of jobs data that could influence the US rate outlook.

1 week ago
markets

Asian stocks set for record-breaking quarter; dollar sinks gold and yen

Asian stocks wobbled toward the end of a sparkling quarter on Tuesday, while a resurgent dollar pushed the yen to a four-decade low and was headed for a fourth straight quarterly rise.

1 week ago

Today's ePost

Tue, July 7, 2026

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