Business

Business

Game On

IDX chief Inarno Djajadi is determined to see the Indonesian bourse remain solid amidst election year and global volatility.For the past decade the Indonesia Stock Exchange (IDX) has showed a stellar performance, with the composite index (IHSG) growing over 140% from 2,534 in end of 2009 to 6,194 in 2018. The stock market also enjoyed a bullish rally in 2018, hitting a historical record of 6,689 in mid-February.However, the index soon started to slide downward and became unstable soon after investors sought for a safe haven in the wake of the U.S. Federal Reserve decision to normalize interest rates. It
EC
Ester Christine Natalia 2 months ago . 6 min read
EC
Ester Christine Natalia 2 months ago . 8 min read
MP
Marella Putri 2 months ago . 1 min read
Business
J&T Express Expands Services to Philippines
The recent boom in e-commerce market has encouraged logistic companies to grow accordingly so they can obtain the benefits. Indonesia-based logistic company J&T Express took
EC
Ester Christine Natalia 2 months ago . 1 min read
Business
Medco Energy To Acquire Ophir Energy
Energy company PT Medco Energi Internasional to buy London-based oil and gas company Ophir Energy for £390.6 million. Both companies signed the letter of acquisition
EC
Ester Christine Natalia 3 months ago . 1 min read
Business

Building Bridges

Berlin is making the first step to bridge opportunities with Asia, creating the first intercontinental startup ecosystem with wide areas of collaboration for both sides.
MP
Marella Putri 5 months ago . 5 min read
Business
Forbes Indonesia 50 Richest: The Top Gainers
Indonesia strong performance in economy and composite index had made the country tycoons wealthier this year. The biggest gainer in terms of value was the
EC
Ester Christine Natalia 5 months ago . 3 min read
Business
50 Indonesia's Richest Wealth Breaks a Record of $129 Billion
Continued economic growth and a 4.4% rise in the stock market index in the last 12 months have contributed to the gain in net worth of tycoons on the Forbes Indonesia Rich List, which climbed to a record $129 billion
AW
Ardian Wibisono 5 months ago . 3 min read
Business
Indonesia's 50 Richest: The Newcomers
Forbes Indonesia 50 Richest this year welcomes four newcomers coming from different industries to the list: Danny Nugroho, Benny Tjokrosaputro, Sabana Prawirawidjaja, and Kardja Rahardjo.
EC
Ester Christine Natalia 5 months ago . 2 min read
Business
Sat Nusapersada to Team Up with Apple Manufacturer
Publicly listed electronic manufacturer PT Sat Nusapersada (PTSN) announced that it would sign a contract with Taiwan-based Apple manufacturer Pegatron Corporation to assemble its products
EC
Ester Christine Natalia 5 months ago . 2 min read
Business
Upgrading Local Talent
Employment is a hot button issue in Indonesia. The issue of unemployment has been a key platform for president Jokowi. His US$300 million effort in upgrading the nation’s infrastructure has seen some success in reducing unemployment figures. In the first quarter of this year, Indonesia reported unemployment rate stood at 5.13%.
NC
Nitesh Chellaram 6 months ago . 3 min read
Business
4 Indonesian Entrepreneurs to Enrol Alibaba Fellowship
Four entrepreneurs will represent Indonesia in the second batch of eFounders Fellowship Asia Program held by The United Nations Conference on Trade and Development (UNCTAD) and Alibaba Business School.
AW
Ardian Wibisono 6 months ago . 2 min read
Business
Hyundai and Kia to invest Grab
Hyundai Motor Company and Kia Motors Corporation will invest an additional $250 million into Grab.
UE
Ulisari Eslita 6 months ago . 2 min read