Companies

SpaceX insider share sale sets $800 billion valuation amid possible IPO, letter shows

The Elon Musk-led company's move towards a public listing, which could rank among the largest global initial public offerings, has been largely driven by the rapid expansion of SpaceX's Starlink satellite internet business.

SpaceX logo and Elon Musk silhouette are seen in this illustration taken on Dec. 19, 2022.

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Danantara signs pact for joint investments in Jordan

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Freeport vows no layoffs at Gresik smelter amid supply shock

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Hashim’s Arsari Group steps into crypto arena via COIN

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Editor's Picks

An employee arranges rupiah banknotes at Bank Mandiri in Jakarta on June 23, 2022. Currencies in Southeast Asia and around the world have dropped against the United States dollar this year as the Federal Reserve has hiked rates particularly fast.

Companies

The 2024 banking industry outlook

There are two situations in 2024 that will affect the condition of national banking; first, the general election; second, indications of a weakening global economy.

Handcrafted: Everything about the recreation car is mainly made up by hands, therefore the process of creating a car could take from six months to one year period. (JP/Yohana Belinda)

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Tuksedo gives cars from the past a brand-new future

A family-owned workshop in Bali recreates classic cars for discerning customers and is now looking to include EV options.

Companies

Indonesia, ExxonMobil sign agreement on CCS, petrochemical projects

The government, along with state-owned oil and gas corporation Pertamina, inked two agreements with United States oil and gas giant ExxonMobil pertaining to advancing the progress on carbon capture storage (CCS) projects and exploring a potential petrochemical complex in Indonesia.

Global, then local: Kurobokan founder Paulus Hyu plays with his French bulldog, which inspired his Nimbus series. While the company relies mainly on overseas buyers, Paulus believes more customers enthusiastic about collectibles will emerge in and grow the domestic market.

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From Frenchie to fortune: Kurobokan spotlights Indonesia-designed toys

With quirky collectibles, Kurobokan puts Indonesia on the map in the so-called kidult market, proving that toys are for everyone, no matter their age.

Companies Updates

Saka Energi's gas facility is seen in Gresik, East Java. PT Saka Energi Indonesia is the upstream subsidiary of national gas distributor PGN.

Companies

Italian energy firm Eni reveals a major gas discovery off East Kalimantan

Estimates indicate 600 billion cubic feet (Bcf) of gas initially in place, with a potential of beyond 1 trillion cubic feet (Tcf).

A drone view shows a sign for Paramount in front of the Hollywood sign in Los Angeles, California, US, on Dec. 8, 2025.

Companies

Warner Bros fight heats up with $108 billion hostile bid from Paramount

Companies

Warner Bros fight heats up with $108 billion hostile bid from Paramount

Paramount Skydance on Monday launched a hostile bid worth US$108.4 billion for Warner Bros Discovery in a last-ditch effort to outbid Netflix and create a media powerhouse that would challenge the dominance of the streaming giant.

(Courtesy of Rua AlHaram AlMakki Company)

Companies

RUA AlHaram AlMakki Company signs 6 strategic MoUs, concluding its Cityscape Global debut

Saudi Arabia-based RUA AlHaram AlMakki Company, a PIF-owned master developer, concluded its debut at the world’s largest real estate exhibition Cityscape Global with the signing of six landmark Memorandums of Understanding (MoUs) with partners from Saudi Arabia, Indonesia, Malaysia, Brunei and the United States, advancing international investment and global collaboration for its inaugural King Salman Gate project in the Holy City of Mecca.

Nickel smelters are in operation at the Indonesia Weda Bay Industrial Park (IWIP) on July 7, 2024, in Lelilef, North Maluku.

Companies

Weda Bay rejects allegations of nickel smuggling through private airport

PT Indonesia Weda Bay Industrial Park (IWIP) has rejected allegations of nickel smuggling through the Weda Bay private airport in Central Halmahera, North Maluku.

Employees selling coffee and snacks in front of a Shell petrol station wait for customers on Sept. 19, 2025, amid gasoline shortages in Jakarta.

Companies

Shell reaches long-awaited base fuel deal with Pertamina

Shell Indonesia has been allotted 100,000 barrels of fuel by Pertamina Patra Niaga, bringing the total supply for all private gas stations this year to 430,000 barrels.

Executive Column

Vijay Ratnaparkhe, Bosch President of Region Asia Pacific South

Bosch goes new ways with modular factory in West Java

The Germany-based engineering and technology company aims to complete the new facility in the first quarter of 2027. Bosch regional president for Asia Pacific South Vijay Ratnaparkhe spoke to The Jakarta Post’s Maudey Khalisha on Nov. 19, the day of the factory’s groundbreaking ceremony, about tapping into rising domestic demand from the automotive and other industries.

Infor SVP solution consulting Phil Lewis poses in a picture on Aug. 28, at the JW Mariott Kuningan, Jakarta.

Indonesia ‘impatient’ in tech adoption, Infor says

New York-based software provider Infor hosted its first Velocity Day event in Jakarta on Thursday as part of a tour across Southeast Asia. In Jakarta, Infor SVP solution consulting Phil Lewis spoke to The Jakarta Post’s Ruth Dea Juwita and Mark Lempp about the challenges of introducing new technology, including managing corporate change and overcoming adoption barriers like data sovereignty concerns.

GE HealthCare international president and CEO Elie Chaillot.

GE HealthCare eyes Indonesia as regional hub for medical device exports

GE HealthCare, in partnership with PT Kalbe Farma subsidiary Forsta, inaugurated Indonesia’s first CT scanner factory on June 2. GE HealthCare international president and CEO Elie Chaillot spoke to The Jakarta Post’s Ruth Dea Juwita two days later about the global medical technology company’s further plans in Indonesia’s burgeoning medical equipment industry.

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Bali’s Nuanu seeks investors that look beyond profit

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Executive Column: Being a small bank makes no sense, says KBank

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FLSmidth sees energy transition driving global minerals demand

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Digibank ‘marathon’ has only just begun, Superbank says

Tigor Siahaan, president director of Superbank, shares his views on Indonesia’s digital banking landscape, the firm’s upcoming feature rollouts and his experience building a new bank.

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Collected waste is dropped off at Bali Waste Cycle (BWC)'s processing facility in Klungkung regency, Bali.

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Bali Waste Cycle aims to scale up to make recycling profitable

Born out of Bali’s growing trash problem, Bali Waste Cycle (BWC) seeks to expand its business, balancing profit, purpose and sustainability.

A customer explores fragrances at Oaken Lab's artisan perfumery in Pererenan, Bali.

Oaken Lab brings fresh scent to Indonesia’s perfume market

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Oaken Lab brings fresh scent to Indonesia’s perfume market

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Coffee chain Tuku seeks perfect blend for expansion

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Studio Ubud awakens Indonesian anime

CEO Profile

Teck Seng Ho: Understanding client needs crucial for sustaining Sun Life Indonesia

Newly appointed Sun Life Indonesia president director Teck Seng Ho has expressed positivity about the company’s client-friendly work environment.

Leading Indosat's growth to empower Indonesia, Vikram Sinha named 2023 CEO of the Year

Indosat Ooredoo Hutchison (Indosat) continues to record splendid operational and financial performances following its recent merger. Embracing the spirit of Gotong Royong, Indosat has a greater goal of empowering Indonesia.

Securing Indonesians’ future through innovation, teamwork

PT Asuransi Allianz Life Indonesia has recently appointed Alexander Grenz as Country Manager and President Director of Allianz Life Indonesia. After obtaining a permit from the Financial Services Authority (OJK), he took the role on April 7, where he will be managing Allianz's operational activities

Nicknamed Mel by her close acquaintances, Melissa is the new president of the GoTo e-commerce business unit, known to the wider public as Tokopedia and part of Indonesia’s largest digital ecosystem.

Melissa Siska Juminto and the journey of growth and excellence

In an age of instant gratification, trusting the process has become somewhat of a rare quality. This is not the case for Melissa Siska Juminto.

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Companies

SpaceX insider share sale sets $800 billion valuation amid possible IPO, letter shows

Danantara signs pact for joint investments in Jordan

Freeport vows no layoffs at Gresik smelter amid supply shock

Hashim’s Arsari Group steps into crypto arena via COIN

Editor's Picks

The 2024 banking industry outlook

Tuksedo gives cars from the past a brand-new future

Indonesia, ExxonMobil sign agreement on CCS, petrochemical projects

From Frenchie to fortune: Kurobokan spotlights Indonesia-designed toys

Companies Updates

Italian energy firm Eni reveals a major gas discovery off East Kalimantan

Warner Bros fight heats up with $108 billion hostile bid from Paramount

Warner Bros fight heats up with $108 billion hostile bid from Paramount

RUA AlHaram AlMakki Company signs 6 strategic MoUs, concluding its Cityscape Global debut

Weda Bay rejects allegations of nickel smuggling through private airport

Shell reaches long-awaited base fuel deal with Pertamina

Executive Column

Bosch goes new ways with modular factory in West Java

Indonesia ‘impatient’ in tech adoption, Infor says

GE HealthCare eyes Indonesia as regional hub for medical device exports

Bali’s Nuanu seeks investors that look beyond profit

Executive Column: Being a small bank makes no sense, says KBank

FLSmidth sees energy transition driving global minerals demand

Digibank ‘marathon’ has only just begun, Superbank says

Think Big

Bali Waste Cycle aims to scale up to make recycling profitable

Oaken Lab brings fresh scent to Indonesia’s perfume market

Oaken Lab brings fresh scent to Indonesia’s perfume market

Coffee chain Tuku seeks perfect blend for expansion

Studio Ubud awakens Indonesian anime

CEO Profile

Teck Seng Ho: Understanding client needs crucial for sustaining Sun Life Indonesia

Leading Indosat's growth to empower Indonesia, Vikram Sinha named 2023 CEO of the Year

Securing Indonesians’ future through innovation, teamwork

Melissa Siska Juminto and the journey of growth and excellence