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The Jakarta Post
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Nike cheers return of pro sports as earnings top expectations
Business 6 days ago

Nike cheers return of pro sports as earnings top expectations

The sports giant, which suffered bruising losses in the prior quarter due to the coronavirus pandemi...
Property sector hardest hit by pandemic: Moody’s
Business 2 weeks ago

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Property sector hardest hit by pandemic: Moody’s

Property is expected to be the sector hardest hit by COVID-19, as the health crisis will continue to...
Zoom forecasts sales surge as video conferencing becomes a daily routine
Business 4 weeks ago

Zoom forecasts sales surge as video conferencing becomes a daily routine

Zoom Video Communications Inc raised its annual revenue forecast by more than 30 percent after ...
Jasa Marga plans to issue commercial paper, cut expenditure amid revenue downturn
Business 1 month ago

Jasa Marga plans to issue commercial paper, cut expenditure amid revenue downturn

State-owned toll road operator Jasa Marga plans to issue up to Rp 1 trillion (US$68 million) of comm...
Wika slashes new contract target by third to $1.46 billion
Business 1 month ago

Wika slashes new contract target by third to $1.46 billion

The decision to lower the contract target was made after the company’s net profit decreased 72...
Semen Baturaja boosts white clay, mortar production in wake of pandemic
Business 1 month ago

Semen Baturaja boosts white clay, mortar production in wake of pandemic

The company has made an investment of up to Rp 3 billion and Rp 800 million, respectively, to instal...
Waskita secures BBB+ rating for bonds, expects Rp 35t project revenue in 2020
Business 1 month ago

Waskita secures BBB+ rating for bonds, expects Rp 35t project revenue in 2020

The company has collected Rp 12.5 trillion from infrastructure project payments in the first half of...
WeWork gets new $1.1 billion commitment from SoftBank, cuts burn rate
Business 1 month ago

WeWork gets new $1.1 billion commitment from SoftBank, cuts burn rate

The owner of money-losing shared office provider WeWork told employees on Thursday it has slashed it...
Snap misses user growth estimates, shares fall
Business 2 months ago

Snap misses user growth estimates, shares fall

Snap Inc said on Tuesday a bump in user growth at the start of coronavirus-led lockdowns petered out...
Netflix shares dive on profit miss despite user growth
Business 2 months ago

Netflix shares dive on profit miss despite user growth

Netflix reported a profit of US$720 million on revenue of $6.1 billion in the recently ended quarter...
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