Our country can’t be pressured: Jokowi talks trade strategies

President Joko “Jokowi” Widodo has laid out strategies that could bring about a competitive edge for Indonesia when the country faces pressures from other...

Royke Tumilaar appointed Bank Mandiri president director

State-owned Bank Mandiri’s shareholders have officially appointed Royke Tumilaar to be the bank’s new president director. Royke, the lender’s former corporate banking director, is to...

Soon-to-be skyscrapers in Habibie’s Meisterstadt megablock feared to disrupt air traffic

The ongoing construction of residential towers in the integrated megablock Meisterstadt – also known as Pollux Habibie – in Batam, Riau Islands, has hit...

Pertamina offers 20 percent off avtur in eastern Indonesia during holiday traffic

State-owned oil company Pertamina will temporarily slash aviation turbine fuel (avtur) prices by 20 percent at selected airports in eastern Indonesia ahead of expected...

Bukalapak co-founder Achmad Zaky steps down as CEO

Homegrown marketplace unicorn Bukalapak has appointed a new chief executive officer in its latest corporate reshuffle. Rachmat Kaimuddin is to step up as the new...

Harleygate saga: Garuda Indonesia commissioners appoint temporary directors

The board of commissioners of flag carrier Garuda Indonesia has appointed acting executives to temporarily run the airline following the suspension of four directors...

ICT sector gains strength as Indonesia prioritizes digital economy

A series of new digital infrastructure projects are strengthening Indonesia’s information and communications technology (ICT) sector as the country prioritizes the digital economy as...

Fintech users need individual measures to protect data as Indonesia finalizes bill

Financial technology (fintech) users need to step up their game in ensuring they own safety to protect their data while the government has yet...

Online shopping fair promotes local food producers, eyes Rp 8t in transactions

Indonesia’s biggest annual online shopping fair, held from Dec. 11 to 12, will promote marketplaces that offer customers direct access to local farmers and...

PT KAI plans new Bandung track to support high-speed railway

State-owned railway operator PT Kereta Api Indonesia (KAI) has completed a plan for a new 16.2-kilometer railway that will connect Tegalluar Station in Bandung...

Start-ups struggle to aim for profit as visibility, scale come first

As investors start to demand profitability for start-ups, some are struggling to achieve their profit targets as they focus on making sure consumers and investors are...

$137b worth of investments in pipeline for infrastructure projects: Luhut

The Office of the Coordinating Maritime Affairs and Investment Minister estimates that US$137 billion worth of investment are in the pipeline for infrastructure projects...

Jokowi wants more microcredit disbursements to productive sectors

President Joko “Jokowi” Widodo has said that he wants the government’s microcredit program (KUR) to be channeled to more productive sectors so that the...

Nestlé identifies Indonesia as potential top three market in Asia

Indonesia has been identified as a potential top three Asian market by food and beverage processing conglomerate Nestlé, which plans to invest in manufacturing...

Data-driven strategy is future of marketing: Agency

Sluggish economic conditions and digital transformation have provided a challenging backdrop for marketers, hence the need to focus on data-driven solutions to maximize outcome,...

PT Pos boosts presence in growing package delivery market

With the launch of its new delivery service Q-Comm, state postal company PT Pos Indonesia is optimistic it will gain at least a 10 percent share...

Angkasa Pura II to begin construction on Soekarno-Hatta airport’s Terminal 4 in 2021

The construction of Soekarno-Hatta International Airport's Terminal 4 in Tangerang, Banten, will begin in 2021, state-owned airport operator Angkasa Pura II president director Muhammad Awaluddin said...

UAW rejects new GM offer as strike forces 6,000 Mexico layoffs

  The United Auto Workers union said on Tuesday it rejected a new comprehensive offer from General Motors Co to end a two-week-old strike, saying...

PNM IM offers new investment option to investors

State-owned micro financing firm Permodalan Nasional Madani Investment Management (PNM IM) has officially listed an exchange-traded fund (ETF) on the Indonesia Stock Exchange (IDX)...

Wika eyes infrastructure projects in Nigeria

Publicly listed state construction firm PT Wijaya Karya (Wika) expects to secure contracts to develop infrastructure in Nigeria following a bilateral meeting between Indonesian...

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