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Jakarta Post
Companies premium

Prabowo vows to elevate Garuda through Boeing deal

Garuda Indonesia saw a US$75.9 million net loss in the first three months of this year.

7 hours ago
Companies

South Korea's top court clears Samsung Chairman Lee in 2015 merger fraud case

The 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 ago
Companies

Trump says Coca-Cola to switch to cane sugar in US

The 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 ago

The Latest

Companies

Taiwan's TSMC says second quarter profit up 60%

TSMC 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 ago
Companies

Couche-Tard drops 7-Eleven takeover bid

ACT 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 ago
Companies

ASML warns it may not achieve growth in 2026, shares drop

The 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 ago
Companies

Nvidia says it will resume sales of 'H20' AI chips to China

The US government has assured Nvidia that licenses will be granted, the firm confirmed in a statement.

2 days ago
Companies premium

Muhammadiyah channels funds into new rural sharia bank

The 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 ago
Companies premium

US tariffs put ‘significant pressure’ on RI industrial estates

Industrial 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 ago
Companies

LG promotes smart, comfortable living with family-focused event on financial planning

As 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 ago
Companies premium

Java airports grounded by low demand, poor planning

Experts slammed the lack of infrastructure in Kertajati Airport in West Java, calling it “a symbol of megaproject failure.”  

6 days ago
Companies premium

INA hits Rp 65t in total investments in May

The 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 ago
Companies

Govt gives sizeable land to palm oil company Agrinas

The 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 ago
Companies premium

Garuda to buy 79 Boeing aircraft in bid to ease US tariff pressure

State-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 ago
Companies

Technovation Reveals Sampoerna’s Progress in Smoke-Free Product Innovation

PT 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 ago
Companies

Smoke-Free Alternatives Production Supported by World-Class Laboratory

As 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 ago
Companies premium

AirAsia wants to add more international routes connecting Indonesia

The Malaysia-based airline plans to expand its network with routes connecting Indonesia with Northern Asia, Australia and the Middle East.

1 week ago
Companies premium

KFC Indonesia sells unit stake to firm linked to Haji Isam

The divestment comes as KFC Indonesia faces headwinds from slowing consumer demand amid boycott movements linked to the Middle East crisis.

1 week ago
Companies premium

Telkom to consolidate weak subsidiaries in major shake-up

Telkom'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 ago
Companies premium

Jasa Marga pours Rp 116b into Whoosh to offset losses

According 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 ago
Companies premium

Indonesia, Saudi Arabia ink $27b deals in energy, mineral sectors

Danantara 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 ago
Companies

Godrej Launches Daycare, Supporting Working Moms with Equity and Peace of Mind

Many 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 ago
Companies premium

Prabowo breaks ground on $5.9b EV battery plant in West Java

The plant's first phase is slated to begin operations by late 2026 with an initial production capacity of 6.9 GWh.

2 weeks ago
Companies

Standard Chartered supports female economic empowerment with Rp 385 billion loan to MBK

Standard 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 ago
Companies

VinFast opens second domestic EV factory amid global expansion

The 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 ago
Companies

Xiaomi receives almost 300,000 SUV pre-orders in minutes

Lei Jun, founder and CEO of the electronics-turned-car company, said he was astonished by the reaction from customers.

2 weeks ago
Companies

Nike plans to reduce reliance on China production for US market to soften tariff blow

Nike 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 ago
Companies

Green NGOs raise concern over $6b EV battery project

Environmental 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 ago
Companies premium

Danantara injects Rp 6.65 trillion into Garuda Indonesia

The 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 ago
Companies premium

TotalEnergies reenters Indonesia with 24.5% stake in Bobara Block

TotalEnergies 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.

3 weeks ago

Today's ePost

Fri, July 18, 2025

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