Indonesia

Fadillah Yusof, center, and Airlangga Hartarto, right: The two will make Malaysia and Indonesia's case against Europe's anti-deforestation law on May 30-31. (Photo by Norman Goh)
Environment

Malaysia, Indonesia to send palm oil mission to EU next week

Delegation to make case for small farmers in crosshairs of deforestation rule

27 May 2023
From left: Jia Qingguo, professor at Peking University; Kori Schake, senior fellow at the American Enterprise Institute; and Dino Patti Djalal, Indonesia's former ambassador to the U.S., discuss regional security at the Future of Asia conference in Tokyo on May 26. (Photo by Yuki Nakao)
The Future of Asia 2023

'Global South' can shape regional order, Indonesian expert says

Panelists discuss U.S.-China tensions, Ukraine war at Nikkei forum

26 May 2023
Salyadi Saputra, Pertamina director of strategy and new ventures, speaks during an interview on May 26 in Tokyo. (Photo by Shinya Sawai) 
The Future of Asia 2023

Pertamina's diversification slowed by Rosneft tie, carbon capture

Indonesian oil company plans $9bn capex in 2023, but 3% for decarbonization, others

26 May 2023
Chinese companies participating in a smart city exhibition in Jakarta have their eyes on Indonesia's ambitious project to relocate its capital to the island of Borneo. (Photo by Ismi Damayanti)
Business trends

Chinese companies seek opportunities in Indonesia's new capital

$31bn development project on Borneo so far falling short of investment goals

26 May 2023
Singtel operates data centers with a total capacity of 60 megawatts and projects under development will more than double this number.
Telecommunication

Singtel embarks on data center push in Indonesia, Thailand and beyond

Singapore telecom leader also eyes sites in Malaysia and Vietnam with local partners

26 May 2023
Unilever has attached a QR code to its Pepsodent toothpaste that connects Indonesian consumers with telemedicine platforms. (Source photos by Nana Shibata)
Consumer

Unilever to expand telemedicine services in Indonesia, Vietnam

Consumer giant aims for over 200 million to see a dentist by 2025

25 May 2023
Iranian President Ebrahim Raisi, left, and Indonesian counterpart Joko Widodo wave to journalists at the presidential palace near Jakarta on May 23.
24 May 2023
Armed with record profits, fertilizer maker Pupuk Kaltim is speeding up at least $1.5 billion in spending for projects to meet demand. (Photo courtesy of Pupuk Kaltim)
Commodities

Indonesian fertilizer maker Pupuk Kaltim ramps up $1.5bn expansion

State-owned firm eyes offshore acquisitions on record profits, but wavers on IPO

23 May 2023
Indonesia's President Joko Widodo hopes banning exports of raw bauxite and other minerals will draw investment to the country.
Asia Insight

Indonesia bets on critical mineral export bans as deadline nears

History of policy flip-flops could hamper climb up resource value-chain

23 May 2023
An excavator loads a truck with nickel ore at a mine operated by Vale in South Sulawesi province. Indonesia is the world's largest producer of the material.
Materials

Indonesia's nickel export ban spurs rush into vital EV metal supplier

POSCO, BASF and Ford join investment race, with Chinese players in the lead

20 May 2023
Chinese automakers are seeking opportunities in Indonesia's small but growing electric vehicle market. (Source photos by Getty Images)
Automobiles

Indonesia EV show attracts Chinese manufacturers

Wuling, DFSK and others bet on growing market despite still limited demand

17 May 2023
Saratoga Investama Sedaya has invested in a range of companies across Southeast Asia since its founding in 1997. (Source photos by screenshot from Saratoga's website and Reuters) 
DealStreetAsia

Indonesia's Saratoga to cut natural resources investment exposure

Firm aiming to invest up to about $150m in renewable energy, health care this year

16 May 2023
Indian Prime Minister Narendra Modi and Indonesian President Joko Widodo are both among the invitees to this week's Group of Seven summit in Hiroshima. (Source photos by AP and Reuters)
G-7 in Japan

From India to Indonesia, G-7 invitees aim to be heard in Hiroshima

Modi's G-20 perch presents chance to highlight debt, development in 'Global South'

15 May 2023
Indonesian President Joko Widodo and delegates attend a sideline meeting during the ASEAN summit in Labuan Bajo, Indonesia, on May 11.
International relations

ASEAN urges cool heads on South China Sea as summit ends

Indonesia's Jokowi laments 'no significant progress' on Myanmar crisis

11 May 2023
Ads for the Singapore bank UOB at Jakarta's Soekarno-Hatta International Airport. (Photo by Dylan Loh)
Finance

Singapore's UOB bets on Thailand, Vietnam in ASEAN growth surge

Lender wins 2 million clients from Citi buyout but economic headwinds pose risks

11 May 2023
Leaders of ASEAN countries pose for photos during the opening of the 42nd ASEAN Summit in Labuan Bajo, Indonesia on May 10.
Economy

ASEAN's patchy economic growth suggests long road to recovery

At regional summit, leaders discuss how to push bloc past COVID pains

10 May 2023
An Indonesian soldier guards the Meruorah hotel in Labuan Bajo, Indonesia, on May 8 ahead of the ASEAN summit.
Myanmar Crisis

Myanmar overshadows ASEAN summit talks on economy, South China Sea

Indonesia and Singapore condemn attack on humanitarian convoy

9 May 2023
A mark an a display case containing hot food at a convenience store, indicating the items within are Halal-certified. (Photo by Koya Jibiki)
Food & Beverage

Indonesia's food companies rush for halal seal of approval by 2024

Government hopes to spur spending with new certification requirement

9 May 2023
Indonesian President Joko Widodo's administration has delivered devastating blows to the country's democracy.
Opinion

Indonesia has lost its way on corruption and freedom

Quest to turn nation into a modern democracy has failed

5 May 2023
A technician stands on a crane at the Tanjung Priok port in Jakarta.
Economy

Indonesia's GDP up 5.03% in Q1, beating expectations

Export volume offsets lower commodity prices for Southeast Asia's largest economy

5 May 2023
Global business leaders and investors gathered at the annual Milken conference in Los Angeles from April 30 to May 3. 
Business trends

India, Indonesia CEOs woo global investors as 'China plus one' options

Emerging Asia's other big economies vie for attention at Milken Conference

5 May 2023
Asian Development Bank President Masatsugu Asakawa speaks on May 3 in Incheon, South Korea, at the bank's annual meeting.
Finance

Asian ministers warn on Western banking turmoil at ADB meeting

IMF Asia chief cites uncertainty over BOJ policy and risk of global spillovers

5 May 2023
GoTo was formed in May 2021 through the merger of ride-hailing and food delivery company Gojek and local e-commerce leader Tokopedia in the largest such deal in Indonesia's corporate history. (Photo courtesy of GoTo)
Companies

Indonesia's GoTo says Q1 net loss narrowed 40% on cost cutting

Revenue more than doubled, led by fintech and e-commerce businesses

28 April 2023
Tata Motors, maker of the Avinya concept electric vehicle pictured here, accounted for 85% of EV sales in India.
Automobiles

EV revolution in developing Asia needs cheaper models: report

Green car sales soar in India, Thailand, Indonesia; market shares still low

26 April 2023
Outreach efforts toward developing nations cannot be easily separated from the politics of power, with countries such as Japan and India vying for prominence with China.
Asia Insight

India pushes 'Global South' goals on to G-20 agenda

Grouping of less industrialized countries remains loosely defined

25 April 2023