A latest forecast expects domestic flight traffic to reach pre-pandemic levels by 2024 and international traffic by 2026 assuming COVID-19 containment programs go according to plan.

Courier start-ups received more than US$182 million in funding last year as an e-commerce boom boosted parts of the logistics sector.

The dispute has pitted the western village in the Swiss canton of Vaud, with its 28 hectares of vineyards and around 750 people, against the might of France's vigorously protective Champagne region, which produces much of the world's most sought-after sparkling wine.

The renowned artist behind the disco pop group's megahits like "Dancing Queen" and "Mamma Mia" co-wrote a report released Saturday entitled "Rebalancing The Song Economy," which urges revamping pricing structures to ensure fairness for writers behind the music.

As with other large banks, Citigroup's profits were bolstered by a good performance in its investment banking and trading businesses, as well as the release of $3.9 billion in reserves set aside for bad loans.

The 225-issue Nikkei Stock Average ended up 40.68 points, or 0.14 percent, from Thursday at 29,683.37. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 1.74 points, or 0.09 percent, higher at 1,960.87.

“That smell should have been an early warning but it was unattended, even ignored,” said Ombudsman investigator Hery Susanto on Wednesday.

The Japanese company said Thursday the factory with a floor space of 900 square meters is currently under construction in the premises of the No. 1 plant of its local subsidiary, PT. Hitachi Construction Machinery Indonesia, in Bekasi, east of Jakarta.

Gross domestic product (GDP) jumped a record 18.3 percent in the first quarter from a year earlier, official data showed on Friday, slower than the 19 percent forecast by economists in a Reuters poll, and following 6.5 percent growth in the fourth quarter last year.

The country's export value rose 30.47 percent yoy to US$18.35 billion in March, the highest since it reached $18.64 billion in August 2011.

Shippers, retailers and manufacturers of various machines and components with significant dependence on Chinese demand could bear the brunt of further diplomatic tension in the form of trade restrictions or popular boycotts, analysts said.

Germany invested $1.4 trillion in Indonesia in 2020, making it the fourth-largest European investor after the Netherlands, Luxembourg and the United Kingdom.

The company plans to diversify into logistics, metal mining, forest plantations and renewable energy, among others.

PT Waskita Toll Road (WTR) will divest 20 percent of Semarang–Batang toll road in Central Java and 35 percent of Cinere–Serpong toll road in Greater Jakarta to PT Sarana Multi Infrastruktur.

The government is seeking to facilitate more passenger travels by using a diagnostics tool for COVID-19 at airports and other transport hubs, which, offers cheaper, but questionable, health screening.

Hopes are high for the latest round of corporate reports -- which starts in earnest in the US later in the day -- as the global economy recovers and businesses reopen, with analysts saying they will be keeping an eye on outlooks and executives' views on potential US tax reform measures, among other issues.

A recent study by Group-IB Digital found that as of early March, 1,600 fake Twitter accounts were impersonating Indonesia's seven largest financial institutions, putting millions of banking clients at risk. 

A court in Ismailia, Egypt has accepted a request by the authority to seize Ever Given, which is owned by Japanese ship-leasing company Shoei Kisen Kaisha, as the compensation payment of around $900 million has been delayed, the local media quoted him as saying.

Here are some facts about the company's journey from humble beginnings as a taxi-booking app in Malaysia to a Southeast Asian tech giant.

The listing, planned "in the coming months" on the Nasdaq exchange, would be the biggest global market launch via a Special Purpose Acquisition Company (SPAC), a statement issued by the Singapore-based company said, quoted by AFP.

With its first data center in Indonesia, the company hopes to tap into the country’s growing cloud computing market, which is projected to be worth US$ 800 million by 2023.

Indonesia’s entry into the top 20 green bond issuing countries provides an opportunity for the country to continue to develop its green issuances in line with environmental, social and governance (ESG) trends.

Indonesia has seen strengthening economic ties with the UAE since President Joko “Jokowi” Widodo visited the Middle Eastern country in September 2015.

As digital currency exchange Coinbase prepares to list Tuesday in New York, AFP takes a look at a sector built from scratch just 12 years ago.

After a recent run-up in equities that saw the S&P 500 and Dow end last week at record highs, traders are taking a breather as they await the next buying catalyst.

The readings highlight the impact of vaccines and the easing of containment measures are having, with expectations for further improvement over the next few months.

The Manpower Ministry's new circular letter requires businesses to pay holiday bonuses (THR) at the latest a day before a religious holiday. 

The Supreme Court ruled in December that state-owned gas distributor PGN had to pay $278.4 million to tax office for unpaid value-added tax incurred between 2012 and 2013.

However, concerns that officials had not finished with a crackdown on the sector weighed on big-name firms including Tencent and JD.com.

The provisional tariffs came after complaints by European aluminum producers that said cheap Chinese imports were putting them out of business.