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Garuda Indonesia saw a US$75.9 million net loss in the first three months of this year.
7 hours agoThe Supreme Court's verdict permanently removes a long-running legal distraction for Lee as Samsung plays catch-up in a global race to develop cutting-edge AI chips. ...
8 hours agoThe company currently uses high-fructose corn syrup (HFCS) in its domestic beverages -- a sweetener that has long drawn criticism from Health Secretary Robert F. Kennedy Jr. and his Make America Healthy Again movement. ...
9 hours agoTSMC said its net profit for the three months to June soared 60.7 percent from a year ago to NT$398.3 billion (US$13.5 billion).
9 hours agoACT made an offer last year of nearly $40 billion to create the world's biggest convenience store chain and then sweetened the bid to $47 billion after the Japanese firm rebuffed the approach.
10 hours agoThe direct and indirect impact of tariffs are still very uncertain, CFO Roger Dassen said in the interview, ASML was working with its supply chain to mitigate any impact.
1 day agoThe US government has assured Nvidia that licenses will be granted, the firm confirmed in a statement.
2 days agoThe OJK hoped that the conversion of BSM could pave the way for the merger of other rural banks under Muhammadiyah, eventually forming a fully-fledged sharia bank.
3 days agoIndustrial estate managers say US import tariffs and anti-China trade policies are a burden on their business, forcing them to resort to operational and regulatory measures, as well as diversification, to ensure their global competitiveness.
4 days agoAs part of its commitment to promote smart living through better financial decisions, PT LG Electronics Indonesia (LG) recently held an event focused on parenting and financial planning for the modern household.
6 days agoExperts slammed the lack of infrastructure in Kertajati Airport in West Java, calling it “a symbol of megaproject failure.”
6 days agoThe sovereign wealth fund deployed US$277 million in capital between January and May this year, bringing the fund's overall disbursement over the past five years since its inception to $4 billion.
1 week agoThe government on Wednesday handed over nearly 400,000 hectares of seized palm oil plantations to Agrinas Palma Nusantara, giving the new state company a sizeable land bank that could make it one of the world's biggest oil palm growers.
1 week agoState-Owned Enterprises (SOEs) Minister Erick Thohir has announced that national flag carrier PT Garuda Indonesia will increase its planned order of Boeing aircraft to 79 planes as part of ongoing import tariff negotiations with the US.
1 week agoPT HM Sampoerna Tbk (Sampoerna) has made significant progress in advancing smoke-free products in Indonesia, as science- and technology-driven alternatives continue to gain public trust. These innovations are delivering positive impacts for adult consumers, business partners, and public health.
1 week agoAs smoke-free alternatives developed by PT HM Sampoerna Tbk. (Sampoerna) and its parent company, Philip Morris International (PMI), continue to gain popularity, a key question arises: How do Sampoerna and PMI meet both domestic and export demand while maintaining high-quality standards?
1 week agoThe Malaysia-based airline plans to expand its network with routes connecting Indonesia with Northern Asia, Australia and the Middle East.
1 week agoThe divestment comes as KFC Indonesia faces headwinds from slowing consumer demand amid boycott movements linked to the Middle East crisis.
1 week agoTelkom's new CEO is starting her tenure with a bang, kicking off an initiative to strengthen the state-owned telco's bottom line by streamlining underperforming subsidiaries through internal consolidation and possibly external mergers.
1 week agoAccording to KAI’s financial report, the Indonesian SOE consortium in Whoosh operation recorded Rp 4.19 trillion (US$258.97 million) in losses last year.
1 week agoDanantara has signed additional deals with private companies in Saudi Arabia, which has emerged as Indonesia's top Middle Eastern trading partner over the past five years with an estimated $31.5 billion.
1 week agoMany working parents in Indonesia, especially mothers still face a dilemma between family responsibilities and their careers. To address this issue, Godrej Consumer Products Indonesia (GCPI) established IPLAY at Godrej, a permanent in -house daycare center designed to support working parents.
2 weeks agoThe plant's first phase is slated to begin operations by late 2026 with an initial production capacity of 6.9 GWh.
2 weeks agoStandard Chartered Indonesia has extended its partnership with PT Mitra Bisnis Keluarga Ventura (MBK) through a new loan facility worth Rp 385 billion, which is set to support approximately 128,000 women across Indonesia.
2 weeks agoThe new facility, located in the central province of Ha Tinh, has an initial annual capacity of 200,000 units and spans 36 hectares (90 acres), the company said in a statement.
2 weeks agoLei Jun, founder and CEO of the electronics-turned-car company, said he was astonished by the reaction from customers.
2 weeks agoNike said it would cut its reliance on production in China for the United States market to mitigate the impact from US tariffs on imports, and forecast a smaller-than-expected drop in first-quarter revenue, sending its shares up 11 percent in extended trading.
2 weeks agoEnvironmental groups raised concerns Thursday over a $6 billion Indonesian EV battery megaproject backed by Chinese giant CATL, which is set to open on a once-pristine island, as Jakarta exploits its huge supply of nickel.
3 weeks agoThe initiative will be conducted in phases, with the first focusing on the maintenance and operational readiness of the fleets of both the full-service carrier and its low-cost subsidiary, Citilink.
3 weeks agoTotalEnergies is among the first global oil and gas companies to return to Indonesia amid growing investments in the sector, after securing a 24.5 percent stake in the Bobara Block off West Papua from Petronas.
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