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Illustration of the Sriwijaya Air SJ-182 passenger jet
Illustration of the Sriwijaya Air SJ-182 passenger jet`
Business

Boeing must inspect older 737 jets after Indonesia crash: FAA

A failure of the "flap synchro wire" missed by the autothrottle computer -- which manages the plane's thrust -- "could result in loss of control of the airplane," according to a document issued by the US regulator.

1 day ago
Business

New US electric car chargers are a green leap of faith

With more electrical models set to hit showrooms, the focus will shift to consumers' willingness to pivot to electric cars at a time when conventional gas stations remain familiar and ubiquitous.

3 days ago
Business

From Peru to Laos, MIND ID starts hunt for lithium

Lithium is a key ingredient in the production of lithium-ion EV batteries that Indonesia plans to mass-produce in capturing a growing global EV market.

4 days ago

The Latest

Business

US stocks end at records as weak jobs data boost stimulus hopes

Economists had projected the economy would add a million positions as vaccines and government stimulus measures allow business to return to normal in the world's largest economy.

1 week ago
Business

PLN pledges carbon neutrality by 2050

State-owned electricity monopolist PLN has pledged to become carbon neutral by 2050 with a plan to phase out fossil fuel-fired power plants and use more renewable energy in its networks.

1 week ago
Business

Total pulls Le Monde ads over report on Myanmar military ties

Total has come under pressure from pro-democracy activists to "stop financing the junta" since a military coup in February which has been followed by a brutal crackdown on dissent.

1 week ago
Business

Japan Airlines logs $2.6 billion loss over pandemic

The carrier, Japan's second-largest by market share, suffered a net loss of 286.7 billion yen for the year through March -- its first full-year result in the red since it relisted on the Tokyo Stock Exchange in 2012.

1 week ago
Business

Unemployment remains high at 6.26% as millions continue to reel from pandemic 'fallout'

Despite a general decline in unemployment since last August, the national rate remains high amid employers' reluctance to hire workers during the current recession.

1 week ago
Business

EU-China investment deal 'not exactly a deal'

"I will be very honest with you, this deal was not exactly a deal," Thierry Breton, France's representative to the EU executive told the Atlantic Council think tank in Washington.

1 week ago
Business

[ANALYSIS] Climate finance: Imperatives for financial institutions

Indonesia has a vital role to play in the region amid the transition to green investments as a foundational policy of the global financial industry.

1 week ago
Business

Investing through clicks: Digital platforms offer alternative way to invest

In a time when you can easily access the world at your fingertips, investing is as easy and convenient as picking up your phone.

1 week ago
Business

Job-loss fears trump COVID-19 fears: survey

“Having a job is a matter of survival. It is understandable that people would rather get sick than go hungry,” the Center of Reform on Economics (Core) economist Muhammad Faisal said on Tuesday.

1 week ago
Business

Aston Martin slashes loss as luxury car sales soar

James Bond's favourite car brand Aston Martin announced a pre-tax loss of £42.2 million ($59 million, 49 million euros) in the first three months of 2021, it said in a statement.

1 week ago