A plan for 14 of Indonesia’s state-owned enterprises to publicly list should force them to implement higher standards of corporate governance.
Business
PT Garuda Indonesia needs to completely restructure its business, potentially reducing the number of planes it operates to less than half its main fleet as the airline seeks to survive the crisis wrought by the pandemic, its president told staff this week.
GoTo Group, the name of the new holding entity, covers a wide range of e-commerce and everyday services, including a “superapp” for ride-hailing and finance, and heralds a new age of regional internet-based business competition.
Major Indonesian convenience store chain Alfamart has prospered by meeting the daily needs of local consumers through its ubiquitous and well-stocked stores.
Over the coming years and decades, however, the world should begin to pay more attention to this rising global power that is already shaping the future of the Indo-Pacific order.
Indonesian startups targeting the country’s smaller cities are, slowly but surely, beginning to attract investor interest — even from a world-famous hip-hop artist.
Giving women the opportunity to learn and apply digital skills is a critical step to Indonesia’s post-covid economic growth, according to panelists Read more
From Germany-based BASF to Japan’s Sumitomo Metal Mining, overseas companies are rushing to set up nickel-processing facilities in Indonesia as the country bans exports of raw ore.
The National Development Planning Agency, or Bappenas, revealed that achieving net-zero emission would help Indonesia save the environment and escape the middle-income Read more
Greenpeace has warned that left unchecked, forest clearance in Papua could undo Indonesia’s progress in tackling climate change, with a report that looks at systematic violations on plantation and forest release permits.
Indonesia has an ambitious plan: to establish itself as a major player in the global supply chain for electric vehicles. Pertamina, PLN and two miners will hold stakes of 25% each in new venture.
Minister for Tourism & Creative Economy Sandiaga Uno said President Jokowi had ordered vaccinations to be ramped up in key tourist destinations Read more
The Coordinating Minister of Economic Affairs Airlangga Hartarto assures that a stimulus package from the National Economic Recovery program (PEN) will be able to restore the MSMEs sector from the effects of Covid-19 pandemic.
The COVID-19 crisis has disrupted two decades of steady growth and rising living standards in Indonesia, triggering the first recession in a Read more
As Indonesia continues to confront the economic and health consequences of the ongoing COVID-19 pandemic, the nation can do more to leverage a critical untapped resource—the power of women business owners.
Wakil Presiden Ma’ruf Amin mengatakan Indonesia berpeluang menjadi negara terbesar untuk sektor ekonomi dan keuangan syariah.
