Business | Jakarta Globe

The state utility company Perusahaan Listrik Negara, or PLN, has seen its coal stockpile increase by 7.5 million metric tons.

JANUARY 05 #COMMODITY

Garuda Indonesia urges creditors to register their outstanding claims on the airline by 05:00 p.m. Jakarta time on Wednesday.

The government spent Rp 2,786.8 trillion last year, resulting in a Rp 783.7 trillion deficit.

JANUARY 04 #ECONOMY

Indonesia manufacturing companies have ended 2021 in an expansion mode, albeit at a slower pace due to further slow down in demand.

JANUARY 03 #ECONOMY

The government has prohibited coal exports in January as insufficient supply at domestic power plants could result in widespread blackouts

JANUARY 02 #COMMODITY

Although Indonesia has yet to ratify RCEP, there are a number of things that the archipelagic country should work on.

DECEMBER 31 #ECONOMY

Krakatau Steel has repaid Rp 2.7 trillion of debt to Mandiri, BRI, and BNI.

The Series C funding was led by Tybourne Capital Management, with Horizons Ventures, Kunlun, and B Capital, among others.

Multipolar said capital raise is part of the company's continuous effort to improve its financial position and return to profitability.

The company so far has added rooftop solar panels to four of its factories in Indonesia, namely in Ciherang, Klaten, Banyuwangi, Mekarsari.

The export shipment of 1,209 cars from Patimban Port means that the country now has an alternative to the congested Tanjung Priok Port.

DECEMBER 17 #ECONOMY

Hyundai Indonesia managed to sell more than 500 units of Kona and Ioniq electric cars imported from South Korea year to date.

That marks a 48.5 percent increase from last year’s e-commerce transaction value, which stood at Rp 266 trillion.

DECEMBER 13 #ECONOMY