ON BUSINESS

#ECONOMY

Finance Minister Offers Insight into Massive Covid Relief Funds

The Covid-19 related health spending is equivalent to the budget to build 9,352 kilometers of roads.

19 April 2021 | 11:01 PM

#TRADE

Narrowest Trade Surplus in 10 Months Points to Recovering Demand

Indonesia posted a trade surplus of $1.56 billion in March, down from $1.99 billion a month earlier. 

15 April 2021 | 02:42 PM

#COMMODITY

Astra Agro's Net Profit Soars 294.6 pct in 2020

Palm oil producer Astra Agro Lestari's net profit soared 294.6 percent to Rp 833.1 billion ($57 million) in the pandemic-struck 2020.

14 April 2021 | 07:18 PM

#CORPORATE NEWS

Mandiri Raises $300m From Its First Green Bonds

The bonds attracted 8.3 times more bids than the planned size, reflecting high investor demand and confidence in the securities.

14 April 2021 | 10:42 AM

#SPECIAL UPDATES

APR Secures $300m Syndicated Loan to Expand Production Capacity 

According to APR director Basrie Kamba, the company will use the fundings to support continued investment in their operations at Kerinci.

09 April 2021 | 05:23 PM

#CORPORATE NEWS

Huawei Indonesia CEO: Leave No One Behind in Fully Connected Indonesia

For more than 20 years, Huawei Indonesia has been instrumental in bringing connectivity to most of the Indonesian population.

09 April 2021 | 03:48 PM

#CORPORATE NEWS

Flash Coffee Eyes Indonesia, Asia Expansion Following $15m Series A Funding

Flash Coffee is the latest coffee chain to compete in Indonesia's burgeoning beverage market.

08 April 2021 | 01:38 PM

#INTERNATIONAL

Indonesia Seeks More Investments, Agricultural Trade With UK

The agreements further underline a strategic tie that should be beneficial for stability in the Asia-Pacific region. 

08 April 2021 | 11:27 AM

#ECONOMY

Invest Long-Term in Equities to Benefit From Indonesia's Economic Boom: Sandiaga Uno

Tourism and Creative Economy Minister Sandiaga Uno advised young people aspiring to financial independence to invest in the stock market.

07 April 2021 | 02:58 PM

#ECONOMY

IMF Cuts Indonesia Growth Projection Amid Global Upgrades

The fund lowered its growth projection for Indonesia to 4.3 percent this year from January's 4.8 percent, due to Covid-19 concerns.

07 April 2021 | 10:53 AM