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Pertamina, PGN cut revenue targets as weak rupiah, lockdown severely hurt businesses
Business 1 year ago

Pertamina, PGN cut revenue targets as weak rupiah, lockdown severely hurt businesses

Pertamina has been hit hard by a “triple shock” of crashing crude oil prices.
Pertamina to go ahead with higher oil production plan despite oil price crash
Business 1 year ago

Pertamina to go ahead with higher oil production plan despite oil price crash

Crude prices fell about 30 percent on March 9 after the world’s largest oil exporting country,...
Apple says will not meet revenue forecasts due to virus
Business 1 year ago

Apple says will not meet revenue forecasts due to virus

US tech giant Apple said Monday that disruption due to the novel coronavirus had hit both production...
Riau Islands prepares more than 100 events to lure foreign tourists
Business 1 year ago

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Riau Islands prepares more than 100 events to lure foreign tourists

Riau Islands received  2.63 million foreign tourists in 2018, a 23.16 percent increase from 2.1...
NTT pushes to optimize use of renewable energy to meet 2019 power target
Business 1 year ago

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NTT pushes to optimize use of renewable energy to meet 2019 power target

East Nusa Tenggara is striving to reach its 90 percent electrification target this year by opti...
Don’t applaud, Indonesia still lags behind other countries, says Jokowi
Business 1 year ago

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Don’t applaud, Indonesia still lags behind other countries, says Jokowi

By the end of this year, Indonesia will have 1,500 kilometers of toll roads, almost double the ...
Singaporean venture capital firm to invest in two Indonesian tech start-ups
Business 1 year ago

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Singaporean venture capital firm to invest in two Indonesian tech start-ups

Jungle Ventures has invested in three Indonesian start-ups this year, namely Sociolla, WareSix and S...
Sumatran forest fires, Karawang oil leak strain oil and gas production
Business 1 year ago

PREMIUM
Sumatran forest fires, Karawang oil leak strain oil and gas production

Oil production reached 745,000 barrels per day (bpd), 98.68 percent of this year’s production ...
New tourism minister plans world-class events to lure more foreign tourists
Business 1 year ago

PREMIUM
New tourism minister plans world-class events to lure more foreign tourists

Wishnutama Kusubandio task as Indonesia's new tourism minister is straightforward: Bring in many...
Inflation rose in August to highest level since December 2017
Business 1 year ago

Inflation rose in August to highest level since December 2017

 The monthly inflation rose by 0.12 percent in August, less than the 0.31 percent in the pr...
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