Yunindita Prasidya, Jakarta – The government has collected more than Rp 40 trillion (US$2.82 billion) in dividends from five major state-owned enterprises (SOEs) alone this year, while

Riza Roidila Mufti, Jakarta – Small and medium enterprises (SMEs) in Indonesia are battling with challenges ranging from an unstable internet connection and logistics disruptions to fi

Moch Fiqih Prawira Adjie, Jakarta – Anwar, an ad hoc corruption judge at the Jakarta Corruption Court, has been appointed to serve as one of the commissioners for PT Pertamina Patra Ni

Jakarta – Authorities in Bekasi, West Java, have discovered a cluster of COVID-19 cases in a factory run by publicly listed consumer goods giant PT Unilever Indonesia in the Cikarang i

Ridho Syukra, Batang, Central Java – Seven companies from Japan, South Korea, Taiwan, and the United States set to begin plant construction at Batang industrial estate in Central Java

Mardika Parama, Jakarta – President Joko "Jokowi" Widodo announced on Tuesday that seven foreign companies had confirmed plans to relocate production facilities to Indonesia, mostly fr

Rizki Fachriansyah, Jakarta – The Indonesian Ombudsman has found that hundreds of state officials, including active members of the police and military, sit as commissioners of state-ow

Dzulfiqar Fathur Rahman, Jakarta – The government plans to buy products and services from small and medium enterprises (SMEs) for official state procurement, potentially spending over

Dzulfiqar Fathur Rahman, Jakarta – Small and medium enterprises (SMEs) have shifted to producing personal protective equipment (PPE), which remain in high demand, to survive the econom

Norman Harsono, Jakarta – The government has cut the board of directors of state-owned oil and gas giant Pertamina from 11 positions to six, a leaked document shows, in a continued cam

Maikel Jefriando and Gayatri Suroyo, Jakarta – Indonesia plans to build one of its largest industrial parks on the north coast of Java island in a renewed drive to attract manufacturer

Jakarta – State-Owned Enterprises (SOE) Minister Erick Thohir has appointed presidential spokesperson Fadjroel Rachman as the new commissioner of state-owned construction firm Waskita

Ivany Atina Arbi, Jakarta – A recent survey by the International Labor Organization (ILO) has revealed that the majority of small and medium enterprises (SMEs) in Indonesia had been fo

Riska Rahman and Adrian Wail Akhlas, Jakarta – Several ailing state-owned enterprises (SOEs) are still in the dark over how to raise funds to finance their operations and pay debts des

Tassia Sipahutar – Indonesian companies from airlines to builders of luxury condos and cement makers are warning investors of plunging revenue and profit as the coronavirus pandemic ra

Norman Harsono, Jakarta – State-owned oil and gas giant Pertamina plans to explore opportunities in the pharmaceutical industry and expand its hospital business as Indonesian fossil fu

Mardika Parama, Jakarta – Automaker Nissan Motor Indonesia (NMI) announced the official closure of its factory in Indonesia as its Japanese parent company disclosed a restructuring pla

Norman Harsono, Jakarta – Most state-owned enterprises (SOEs) have compiled their post-restriction or "new normal" business recovery protocols in a preemptive strike for when regions l

Chairul Fikri, Jakarta – An Indonesian factory that produces shoes for American company Nike has sacked 4,985 workers as the economic impact from the Covid-19 pandemic continues to tak

Yunindita Prasidya, Jakarta – Steelmakers are facing severe blows to their business with demand during the COVID-19 pandemic having decreased by 90 percent from normal times.

Anselmus Bata, Abdul Muslim, Diana Mariska, Jakarta – Indonesia's powerful business lobby, which includes some of the country's largest employers, has criticized the government's $44 b

Mardika Parama, Jakarta – Weakening purchasing power following business disruptions caused by the COVID-19 pandemic has battered the country's automotive industry, forcing carmakers to

Arya Dipa, Jakarta – The Industry Ministry has issued more than 5,800 operational permits to companies in West Java to keep operating amid the large-scale social restrictions (PSBB).

Mardika Parama, Jakarta – Indonesia's infamous red tape could dissuade investment from US pharmaceutical companies looking to relocate from China, experts say.

Yustinus Paat, Jakarta – The Jakarta provincial government said a total of 3,998 companies in the capital city had adhered to the rules of the large-scale social restriction, or PSBB,