Automakers see the semiconductor shortage as preventing them from fully using a temporary tax cut on new cars to recover sales to prepandemic levels.
3 years agoTelco company XL Axiata saw its profit drop by 51 percent to Rp 1.01 trillion (US$70.86 million) in the January to September period, from Rp 2.07 trillion a year earlier. ...
3 years agoPublicly listed Bank KB Bukopin is seeking to raise trillions of rupiah in a rights issue later this month as part of its efforts to develop its technological infrastructure and expand lending to the small business and retail sectors. ...
3 years agoRecently announced solar power export projects could point to a new trend as local and international companies look to tap into growing demand for clean energy in the region.
3 years agoA luxury tax (PPnBM) cut on cars boosted sales in the third quarter.
3 years agoLow-cost carrier AirAsia wants to expand its ride-hailing and package delivery services in Indonesia through its digital unit. The company also aims to be the number one online travel agency within five years.
3 years agoThe recent Intergovernmental Panel on Climate Change (IPCC) Report, released in August, stated that the earth’s climate systems are experiencing changes which will have impacts across the world.
3 years ago“Carbon tax and fossil fuel subsidies are canceling out each other," says Climate Policy Initiative (CPI).
3 years agoThe US economic expansion slowed dramatically in the third quarter to an annual rate of just two percent as consumer spending was choked by resurgent Covid-19 infections, the government said Thursday.
3 years agoEuropean Union (EU) Ambassador to Indonesia Vincent Piket has said that EU companies are keen on investing in Indonesia’s new capital city, signaling the availability of more private funding options for the multibillion dollar project.
3 years agoLeading digital telecommunications company Indosat Ooredoo has announced a strong set of financial results for the first nine months of 2021, a period ending on Sept. 30.
3 years agoThe remark comes after a 10th negotiation round over a comprehensive trade deal concludes "without major breakthroughs".
3 years agoIn another tie-up between conventional banking and fintech, Standard Chartered Bank Indonesia has teamed up with Kredivo to offer consumers a pay-later feature.
3 years agoThe spotlight falls on China as the country that owns around half of the world's coal plants.
3 years agoThe government has lowered the maximum price for PCR tests to Rp 275,000 in Java and Bali and to Rp 300,000 in other regions.
3 years agoGojek is inching closer to its 2030 net zero goal with a plan to trial 5,000 electric motorbikes for its delivery and transportation services, starting with 500 in South Jakarta.
3 years agoThe South Korean tech giant posted a 28-percent jump in operating profit despite global supply chain challenges caused by the pandemic.
3 years agoWhile authorities are mulling over the details of the country’s emissions trading system, companies are taking matters into their own hands by trading carbon credits overseas, specifically in Singapore.
3 years agoIndonesia’s digital banks, for all the potential ascribed to them, only achieved about half of the possible score in a recent assessment of their digital maturity by the Financial Services Authority.
3 years agoHong Kong led most Asian markets lower Wednesday with tech firms in the firing line after China Telecom was banned from the United States, adding to already fraught tensions between the superpowers as concerns lingered about inflation.
3 years agoThe outbreak compelled the government to impose fresh mobility restrictions, which inhibited foreign investment inflows.
3 years agoMitratel is expected to become the country's "biggest independent telecom tower player" after acquiring some 6,000 towers using the IPO's proceeds.
3 years agoResearchers have found that the share of small businesses using the internet in Yogyakarta rose to 59.64 percent in 2021 from 43.13 percent in 2018 as the pandemic has strengthened the general trend.
3 years agoHigh biodiesel prices, relatively low domestic crude palm oil (CPO) demand and international biodiesel trade barriers keep a domestic downstream palm oil industry out of reach for the time being.
3 years agoThe government is promoting the green economy as one of the key strategies to mitigate the impact of climate change. At the heart of this strategy is the critical role of the Financial Services Authority (OJK).
3 years agoThe Indonesian company will send solar-generated electricity from the Riau Islands to Singapore in a pilot project that could point the way for Indonesia's renewable power industry.
3 years agoA Greater Jakarta LRT carriage crashed into another train during a trial run on Monday. Train manufacturer PT INKA said it would bear the cost of repair and resume operational trials.
3 years agoHotel booking platform RedDoorz has seen some recovery in occupancy rates and revenue this year, and CEO Amit Saberwal expects further improvement as people get out to travel again.
3 years agoThe market cap brings Tesla into the elite club of trillion-dollar companies that include Apple, Amazon, Microsoft and Google.
3 years agoFacebook Inc. said on Monday it will start publishing the financial results of its augmented and virtual reality labs as a separate unit, where it is investing billions in its ambitions to build the "metaverse" and as it reported that its main advertising business faces uncertainty.
3 years agoChina has said it would expand pilot property tax reforms, adding to existing investor concerns about real estate in the mainland.
3 years agoThe energy ministry expects investment in the sector to total US$1.44 billion by the end of the year, well below the targeted $2.04 billion.
3 years agoWith the increased focus on sustainability in recent times, a greener, more responsible way of living starts as small as the food on your plate.
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