In the fourth quarter, profits rose 43.7 percent to $12.8 billion, thanks to higher oil and natural gas prices and better refining margins compared with the year-ago period.

E-commerce platform JD will disband its operations in Indonesia and Thailand next month, following a decision by China-based JD Global to cut costs.

Indonesian coffee is internationally renowned for its taste and aroma, but having it served at a major international conference is certainly a new high.

The government plans to bring foreign filmmakers to shoot Indonesia scenes in Indonesia with a variety of incentives and regulatory reform to speed up permits. 

The tourism and transportation ministries have received a directive from the President to focus on capitalizing on strong demand among travelers in the three countries to visit Indonesia.

We have long been living in a rapidly changing environment, and we tend to think the new chapter of a decade will be different. This is often the case. However, as we entered the decade of the 2020s, we began to face entirely new problems and challenges. Indeed, those problems have come after one another and have created significant challenges.

After 21 years leading the company he built, Capital A CEO Tony Fernandes spoke to The Jakarta Post’s Deni Ghifari on Monday about his plans to retire.

Boeing Commercial Airplanes Chief Executive Stan Deal said in an email reviewed by Reuters that the new line will be its fourth for the narrow-body 737 MAX and is needed because of "strong product demand." 

China's factory activity expanded in January after months of contraction, official data showed Tuesday, as the world's second-largest economy stirs back to life after Beijing ended strict COVID curbs.

Investment banks are projecting a flurry of merger and acquisition (M&A) activities in Indonesia this year, some driven by sustainable growth prospects, others by distress.

The Energy and Mineral Resources Ministry has raised the country’s annual coal production target to 695 million tonnes this year to cater to robust demand for the commodity.

The Indonesian government has a target of having 2 million electric vehicles (EVs) operate across Indonesia by 2025. To achieve the lofty goal, the government needs to forge partnerships with various stakeholders in different sectors.

Asian shares turned cagey on Monday ahead of a week that is certain to see interest rates rise in Europe and the United States, along with US jobs and wage data that may influence how much further they still have to go.

Ocean farming startup Sea6 Energy says seaweed can replace costly imported crude oil with enough research, production scale and investment. 

The Indonesian Palm Oil Association (GAPKI) expects Indonesian crude palm oil (CPO) exports to decline further in 2023 due to the 35-percent biodiesel blending mandate.

Slowing inflation and a cooling property sector are fueling expectations that the US central bank can adopt a smaller interest rate hike this week, as policymakers assess current efforts to rein in prices.

The western state of Maharashtra, which accounts for more than a third of the country's sugar output, could produce 12.8 million tonnes of sugar in the 2022/23 marketing year that began on Oct. 1, down from an earlier forecast of 13.8 million tonnes, Maharashtra's sugar commissioner Shekhar Gaikwad said.

Mining sector has been responsible for widespread damage to nature and biodiversity worldwide, yet, the sector is seen as crucial to a global green transition.

As the world's largest seaweed exporter, the commodity has the potential to help Indonesia achieve net zero target, but challenges on funding and research stand in the way. 

AirAsia's Tony Fernandes remains upbeat that the travel industry can succeed despite recession worries and plans to add more planes operating in Indonesia to cater to growing demand.

The 53-year-old chief branding officer and president of Toyota Motor Corp's Lexus brand, Koji Sato, will take over from April 1 when Akio Toyoda becomes chairman.

Asian markets rose again Friday as fears about a possible recession in the US economy were soothed by data showing it grew more than expected in 2022, adding to the broadly upbeat tone across trading floors this year.

Several investment projects have reportedly been put on hold following setbacks in the implementing regulations of the controversial Job Creation Law, which has led to uncertainty among investors wanting to do business in Indonesia.

The digital payment industry grew steadily last year, however, the growth reflects competitive immaturity, the solution for which lies in consolidation, analysts have suggested.

The US economy grew at a slower pace in 2022 but performed better than expected in the final months of last year, the Commerce Department said Thursday, as recession fears loomed.

The government’s recent move to prevent renewable energy firms from selling electricity directly to end consumers is facing criticism from independent power producers (IPPs), who say the policy will deter investment in clean energy and keep the country’s emissions goals out of reach.

The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has signed production-sharing contracts (PSC) worth US$49.1 million for two oil and gas blocks under the cost-recovery scheme.