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The Jakarta Post
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Sea transportation sector suffers Rp 12.2t in first-half losses: ITS study
Business 5 days ago

Sea transportation sector suffers Rp 12.2t in first-half losses: ITS study

A Transportation Ministry webinar on Tuesday presented the findings of a study on the economic impac...
Garuda defers fleet renewal amid COVID-19 pressure on finances
Business 1 week ago

Garuda defers fleet renewal amid COVID-19 pressure on finances

National flag carrier Garuda Indonesia is not planning to buy any new aircraft this year as the COVI...
Alam Sutera to reduce foreign exchange exposure amid plan to issue $485m global bonds
Business 2 weeks ago

Alam Sutera to reduce foreign exchange exposure amid plan to issue $485m global bonds

Alam Sutera posted Rp 271.5 billion (US$18.5 million) in foreign exchange loss during the first half...
Qantas to axe 2,500 more jobs
Business 3 weeks ago

Qantas to axe 2,500 more jobs

Qantas and its budget offshoot, Jetstar, said they would outsource their ground handling operations ...
Pertamina logs $768 million net loss in first half of year
Business 4 weeks ago

Pertamina logs $768 million net loss in first half of year

Pertamina booked a US$767.92 million net loss in the first half of this year amid weak energy demand...
Cathay Pacific reports first-half loss of U$1.27 billion
Business 1 month ago

Cathay Pacific reports first-half loss of U$1.27 billion

Hong Kong's government came to the rescue of Cathay earlier this year with a HK$39-billion recap...
Saudi Aramco's profit plunges, sees signs of oil market recovery
Business 1 month ago

Saudi Aramco's profit plunges, sees signs of oil market recovery

State oil giant Saudi Aramco’s profit plunged 73 percent in the second quarter of the yea...
Garuda turns in first-half losses as pandemic hits aviation
Business 1 month ago

Garuda turns in first-half losses as pandemic hits aviation

National flag carrier Garuda Indonesia turned in a loss of US$712.73 million in the first half of th...
Indosat’s loss widens despite revenue growth in first half
Business 1 month ago

Indosat’s loss widens despite revenue growth in first half

Indosat has recorded a loss of Rp 341.1 billion (US$23.49 million) as of June, 2.8 percent high...
Boeing reports big loss, signals more job cuts
Business 1 month ago

Boeing reports big loss, signals more job cuts

Boeing suffered a bigger-than-expected loss in the latest quarter, the company announced Wednesday, ...
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