Boeing is exploring a possible sale of its space business as its new CEO seeks to improve the embattled company's financial position, the Wall Street Journal reported Friday.
17 hours agoIn June, Nvidia briefly became the world's most valuable company before it was overtaken by Microsoft and Apple, with the tech trio's market capitalizations have been neck-and-neck for several months. ...
1 day agoState-owned power company PLN says it will develop Southeast Asia’s largest green hydrogen production facility with the help of Singapore-owned Sembcorp Industries. ...
2 days agoAs part of the push toward a more sustainable fashion industry, Riau-based sustainable viscose rayon producer Asia Pacific Rayon (APR) has collaborated with some of Indonesia’s biggest names in fashion to promote fashion forward yet environmentally friendly styles at Jakarta Fashion Week (JFW) 2025.
2 days agoApple reached second place with a 15.6 percent market share, though down 0.5 percentage points year-on-year, while Huawei claimed third place with 15.3 percent, gaining 4.2 percentage points, showed data from researcher IDC on Friday.
2 days agoPublicly listed textile company PT Sri Rejeki Isman (Sritex) has been declared bankrupt.
2 days agoThe local subsidiary of the consumer goods giant has attributed its profit slump to an 18 percent decline in third-quarter sales due to price instability affecting its distributors and reduced customer demand.
3 days agoTesla CEO Elon Musk said he expects vehicle sales to grow 20 percent to 30 percent next year, reassuring investors the company was improving its core business of selling electric vehicles profitably, and reducing concerns about when it could produce a robotaxi.
3 days agoLG introduces the new collection bottom freezer refrigerators offer style, convenience and efficiency to fit your kitchen décor and busy lifestyle.
3 days agoMinister Agus has cautioned against local consumers heading overseas to get their hands on Apple's latest device, underlining that the device cannot be used legally in the country since it did not have IMEI certification.
4 days agoInternational rating agency S&P Global Ratings has given a fairly high environmental, social, and governance (ESG) rating score for Indonesian technology group PT GoTo Gojek Tokopedia Tbk (GOTO).
4 days ago"We estimate that approximately 30-40 metric tonnes of slop, which is a mixture of oil and water, was leaked into the sea," the company said in a statement, adding that it was working with all relevant authorities to manage the clean-up effort.
5 days agoBoeing and its striking Seattle-area workers have reached a tentative deal to end a more than month-long stoppage, the union said Saturday.
1 week agoA union representing striking machinists at Boeing said Saturday that members will vote Wednesday on a new contract deal that includes a 35 percent pay hike over four years that could end a more than month-old strike.
1 week agoState-owned Indonesia Battery Corporation (IBC) has announced a joint venture with a subsidiary of China’s Contemporary Amperex Technology Co. Ltd. (CATL) to invest US$1.2 billion in a battery factory.
1 week agoGoTo, Indonesia’s leading digital ecosystem, recently hosted its 2024 GoTo Engineering Bootcamp, equipping 43 newly graduated tech engineers with essential industry skills.
1 week agoThe company declined to disclose the target size for the listing but revealed that its current valuation was around US$300 million, a significant increase from the $150,000 the founders initially invested a decade ago.
1 week agoThe United States and some European countries have blocked exports of high-tech chip technology to China over fears of military use.
1 week agoOne of the primary barriers to accelerating the recovery of domestic air transportation is the limited number of aircraft available for domestic routes.
1 week agoAccording to the investment minister, private developers have signed on to build golf courses along with other entertainment facilities in the country's future capital, while hospitals and international schools have broken ground this month.
1 week agoPT Freeport Indonesia’s multibillion-dollar smelter in Gresik, East Java, was only inaugurated by President Joko “Jokowi” Widodo last month.
1 week agoDarmawan said that the company would ensure a fair return on investment, while also stressing that all risk must be identified and managed effectively.
1 week agoThe second Asia Zero Emission Community (AZEC) Leaders' Meeting was successfully held in Vientiane on Oct. 11, bringing together the leaders of Australia, Brunei Darussalam, Cambodia, Indonesia, Japan, Laos, Malaysia, the Philippines, Singapore, Thailand and Vietnam.
1 week agoAllianz announced in July a "pre-conditional voluntary cash general offer" to buy at least 51 percent of Singapore's Income Insurance, subject to regulatory approval.
1 week agoSour Sally CEO Donny Pramono says the franchise fee for UAE and Saudi Arabia is quite significant, around US$1 million, excluding royalties and other costs.
1 week agoTigor 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.
1 week agoState-owned lender said most borrowers are able to repay their mortgages within a decade.
2 weeks agoA TikTok spokesperson said that the job cuts were part of an effort to boost content moderation.
2 weeks agoMR.DIY, which entered Indonesia in 2017, has opened more than 850 stores in the country, focusing on satellite cities of Jakarta and towns across the country, where it is often the pioneering national retailer.
2 weeks agoAccording to a Meta-commissioned Kantar online survey, 87 percent of Indonesians agree that messaging is their preferred way of communicating with a business and 88 percent message with a business at least one a week.
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