ON BUSINESS

#TRAVEL

Travel Agents, Airlines Nervous as Coronavirus Forces Saudi Arabia to Suspend Umrah

Travel agents stand to foot an estimated Rp 1 trillion debt ($71 million) to the pilgrims should the closure last for two weeks.

27 February 2020 | 08:52 PM

#ECONOMY

Jokowi Claims Indonesia Among World's Biggest Digital Economies

Even the president's social media accounts are frequently targeted by online ads, including for weight-gaining potions.

27 February 2020 | 06:06 PM

#ECONOMY

Indonesia Offers 50 Percent Off Flight Tickets to 10 Tourist Destinations

The government will spare Rp 443 billion from the state budget to reduce ticket fares on domestic flights.

27 February 2020 | 06:05 AM

#ECONOMY

Indonesia Sets Up Special Agency to Deal with Investments in New Capital City

The government expects relocation to the new capial will commence in 2024.

27 February 2020 | 03:16 AM

#ECONOMY

Indonesia Expects Delay in China's Key Train, Mining Projects

The coronavirus outbreak could hamper the supply of raw materials from China needed for Indonesia's bullet train project.

26 February 2020 | 06:13 PM

#ECONOMY

Indonesia to Spend $744m to Woo Tourists Scared Off by Coronavirus

The government incentives will allow among others for a 30 percent discount on flights to favorite tourist destinations.

25 February 2020 | 10:15 PM

#ENVIRONMENT

Indonesia Launches Circular Economy Initiative With Denmark, UNDP

Denmark provides $540,000 in aid through UNDP to help the Indonesian government develop a national strategy for its circular economy.

25 February 2020 | 04:04 AM

#ECONOMY

Indonesia Braces for Full Impact From Coronavirus Economic Fallout

China, the center of the Covid-19 outbreak, is one of the main suppliers of raw materials and capital goods for Indonesia. 

24 February 2020 | 07:44 PM

#CORPORATE NEWS

Indosat Books $113m Profit After Sales of Towers

For the third time since 2013, the company manages to turn a profit amid intense competition.

24 February 2020 | 05:31 PM

#TRANSPORTATION

Jakarta-Bandung Bullet Train Service Could Be Expanded to Surabaya

Transportation Minister Budi Karya Sumadi said the Jakarta-Bandung service should be fully operational by the end of next year.

24 February 2020 | 01:50 PM