Indonesia

A car departs for a road test with 40% palm-based biodiesel in Jakarta: Biodiesel is already the largest source of renewable energy in Indonesia.
Opinion

Indonesia's green-energy transition is serious business

Agribusinesses are replacing fossil fuels with waste byproducts

24 November 2022
GoTo has turned to job cuts as it needs to manage costs and make sure its business remains "agile," it said. (Photo courtesy of GoTo) 
Technology

Indonesia's GoTo extends net loss to $1.29bn in Jan.-Sept. period

Merged tech company turns to job cuts as profitability remains elusive

21 November 2022
Ministers deliver statements during the closing plenary at the COP27 climate summit in Egypt on Nov. 20.
COP27

From landmark fund to emissions frustrations: 5 takeaways from COP27

World's biggest climate conference went deep into overtime

21 November 2022
People wade through a flooded street following heavy rain in the Philippines in October. The Asia-Pacific region has been hit hard by extreme weather this year.
COP27

AI weather forecaster sets sights on battered Asia-Pacific

CEO: Machine learning quickly adapts to extreme weather from climate change

20 November 2022
Indonesian President Joko Widodo gave an exclusive interview to Nikkei Asia on Thursday after his successful chairing of the G-20 summit in Bali this week. 
Interview

Indonesia bags pledges for $71bn from G-20 presidency: Jokowi

President plans 2036 Olympic bid to 'showcase' new capital Nusantara

18 November 2022
A relaxed President Joko Widodo speaks to Nikkei Asia in Bali on Nov. 17 after handing over presidency of the G-20 summit to India. Jokowi said the Bali summit was successful in tamping down tensions between nations: "Considering all the raging rivalries, conflicts and war, I think the outcomes are very maximal." (Photo by Nana Shibata)
Interview

Jokowi says G-20 meetings helped cool U.S.-China tensions

Indonesia leader pleased with progress, as states finally agreed on Ukraine stance

17 November 2022
The central banks of Indonesia and the Philippines both raised rates on Thursday. (Source photos by Reuters) 
Economy

Indonesia, Philippines hike key rates in bid to tame inflation

Prices rising faster than central bank targets in both Southeast Asian nations

17 November 2022
Canadian Prime Minister Justin Trudeau speaks with Chinese President Xi Jinping at the Group of 20 summit in Bali, Indonesia, on Nov. 16.
G20 Summit

Xi rebukes Canada's Trudeau over 'leaked' discussions

Leaders talked privately about China's 'interference,' Canadian paper reports

17 November 2022
Indonesian President Joko Widodo speaks during a news conference after the Group of 20 leaders summit in Bali, Indonesia, on Nov. 16.
G20 Summit

G-20 ends with missile in Poland aggravating war concerns

'Tough' debate over language on Ukraine in leaders' declaration, Jokowi says

16 November 2022
Indonesia's coordinating minister for maritime and investment affairs, Luhut Pandjaitan (second from right), and John Morton (second from left), climate counsellor to the U.S. treasury secretary, speak at a news conference in Bali, Indonesia on Nov. 15. (Photo by Erwida Maulia)
Energy

Indonesia wins $20bn in G-7, other support to speed net zero push

Deal for G-20 chair 'arguably largest ever' country-specific climate partnership

15 November 2022
World leaders attend a working session on food and energy security during the G-20 summit on Nov. 15 in Bali, Indonesia. 
G20 Summit

G-20 leaders to agree on renouncing nuclear use, war 'era': draft

Text of declaration says 'most members strongly condemned the war in Ukraine'

15 November 2022
History may well regard Joko Widodo as the first true figure of unity in Indonesian politics since Sukarno
Opinion

G-20 summit showcases stability Widodo has built in Indonesia

President has been able to make tough decisions thanks to atmosphere of unity

15 November 2022
CATL Chairman Robin Zeng sees his company as being well placed to help drive Indonesia's electric vehicle ambitions..
Automobiles

China's CATL to help Indonesia build 'green' battery industry

Japan's Toyota 'bullish' on nickel-rich country, but stresses decarbonization

14 November 2022
Elon Musk is shown speaking at the Business 20 summit in Bali on Nov. 14. He mentioned the "incredibly exciting, inspiring future" of sending people to Mars. 
Technology

Elon Musk seeks more Twitter videos and cheaper Teslas

SpaceX CEO shares enthusiasm about Mars; Jeff Bezos promotes Earth Fund

14 November 2022
The venue for the 2022 ASEAN summit in Phnom Penh: It is time for bold and courageous efforts at waging peace.
Opinion

ASEAN can make a difference for Myanmar and for the world

Southeast Asia must seize summit opportunities to secure commitments to peace

14 November 2022
A sign seen at a Pertamina gas station in Jakarta. The Indonesian state-owned energy company has recently set up a renewables subsidiary.
DealStreetAsia

Indonesia's Pertamina to invest $500m in renewable energy fund

State-owned company looking to boost its clean energy portfolio

14 November 2022
Garrett Ilg, president of Oracle Japan and Asia Pacific, said the company is in talks with a number of Chinese companies with overseas ambitions. (Source photos by AP and courtesy of Oracle)
Technology

Oracle in talks with Chinese companies to provide cloud services

TikTok tie-up was 'reassurance' for others in China, says regional president

14 November 2022
U.S. President Joe Biden and Chinese President Xi Jinping hold an in-person meeting on Monday.
Your Week in Asia

Xi-Biden meeting at G-20, Malaysia's general election, World Cup

Your weekly lineup of Asia's biggest business and political events

13 November 2022
As the vinyl boom takes hold in Japan, more artists are putting out records. Output jumped 74% in 2021 versus the previous year to more than 1.9 million. (Photo by Tokuyuki Matubuchi)
Media & Entertainment

Vinyl production finds groove in Japan, thanks to social media

Sales soar, spurring artists to release new music on records

13 November 2022
With the Fed on the warpath this year to hike rates to tame inflation, Singaporean lenders have benefited as interest margins rose, but they now face debt risks. (Source photos by Shinya Sawai and Ken Kobayashi)
Finance

ASEAN banks face sharper debt risks as interest rates rise

From Singapore to Thailand, lenders scrutinize exposure to shaky loans

11 November 2022
Nurcahyo Utomo, the head of the subcommittee on air accident investigations at Indonesia's National Committee for Transportation Safety, on Nov. 10 explains what led to the fatal crash of a Sriwijaya Air passenger jet almost two years ago.
Transportation

Sriwijaya Air crash blamed on system and pilot failure: Indonesia

Accident plunged 62 people to their deaths in Java Sea in 2021

10 November 2022
Lippo Karawaci CEO John Riady wants to build schools, hospitals and other infrastructure for Indonesia's new capital, he said in an interview in Tokyo on Nov. 8. (Photo by Satoko Kawasaki)
Global Management Forum 2022

Indonesia's new capital offers 'huge opportunity' to Lippo: CEO

John Riady says conglomerate keen to build schools, hospitals in Nusantara

10 November 2022
A woman receives a booster dose of the Pfizer vaccine in Jakarta.
COVID vaccines

Indonesia's COVID vaccine shows region's push for third way

Jakarta now has homegrown halal alternative to Western, Chinese shots

10 November 2022
DBS's market capitalization stood at $63.4 billion on Monday, just behind that of MUFG at $63.7 billion.
Finance

Singapore's DBS, other Southeast Asia banks gain on MUFG in market cap

Japan's top bank falls behind Indonesia's BCA in total value amid earnings boom

9 November 2022
Hoshino Resorts CEO Yoshiharu Hoshino says Japan's tourism industry relies heavily on domestic demand. (Photo by Hiroki Endo)
8 November 2022