#Corporate
Unions say massive layoffs at Sritex Illegal
The Confederation of Indonesian Trade Unions (KSPI) is planning to file a citizen lawsuit against the Indonesian government and the executives of textile company PT Sri Rejeki Isman (Sritex) over recent massive layoffs in the company which the unions claim as violating labor laws.
Sandiaga Uno
Sandiaga Salahuddin Uno was born in 1969 in Riau, Indonesia. Uno is the current Minister of Tourism and Creative Economy. During his childhood, he met with Erick Thohir and was in the same elementary school as a schoolmate. Sandiaga Uno was an undergraduate of Wichita State University in the United States, he graduated with a cum laude. He continued his university education in the United States at George Washington University in 1990 after receiving a paid scholarship from William Soerjadjaja and graduated with an MBA in 1992 and a GPA 4.00.
Nicke Widyawati
Nicke Widyawati was born in Tasikmalaya in 1967. Widyawati was appointed as the President Director of Pertamina. Widyawati studied in SMAN 1 Tasikmalaya and then she took her bachelor degree (S1) in 1991, she then took her graduate of Business Law – Padjadjaran University (S2) in 2009 and Industrial Engineering – ITB. She took various executive positions since 2009, before serving as President Director of PT Pertamina (Persero), Nicke Widyawati was trusted as HR Director Pertamina and has served as Director of Strategic Procurement 1 PT PLN (Persero). She became one of a handful women leaders on the top echelons of Indonesia's state-owned companies (BUMN).
Muhadjir Effendy
Muhadjir Effendy was born in Madiun in 1956, is the sixth child of nine children from the husband and wife pair Soeroja and Sri Soebita. He is the current Coordinating Minister for Human Development and Cultural Affairs. He is married to Suryan Widati and has children: Muktam Roya Azidan, Senoshaumi Hably, and Harbantyo Ken Najjar.
Luhut Binsar Panjaitan former Army General in the Indonesian Armed Forces
Luhut Pandjaitan is son to father Bonar Pandjaitan who became an executive at Caltex Petroleum Corp. and mother Siti Farida Naiborhu. Pandjaitan was born in North Sumatera, Toba Samosir, in Indonesia on 28th September 1947. Pandjaitan is now the Coordinating Ministry for Maritime Affairs and Investment. In his early days, Pandjaitan was taught by his mom to always be honest, study hard, and work hard. He moved to Riau Province when he was three years old because his father Bonar Pandjaitan worked in Caltex Petroleum Corp (now Chevron) and attended Yayasan Cendana Elementary School owned by Caltex and attended his junior high school in Pekanbaru. Pandjaitan is a keen swimmer and once represented Riau at the national sports event in 1962. But during his childhood's successive athletic experience, Pandjaitan likes to misbehave as he likes to fight, his parents sent him to a school in Bandung, West Java. Then, Pandjaitan attended SMAK 1 PENABUR High School in Bandung and met his future wife — Devi Simatupang. There in Bandung Luhut were the founders of Indonesian Student Action Front (KAPI) which protested against the Old Order, the President Soekarno, and the Communist Party of Indonesia. He then took a Masters degree in Public Administration abroad, at George Washington University, United States.
Indonesia secures deal with Apple in investment negotiations
The Indonesian Ministry of Industry has secured a beneficial agreement with Apple following negotiations on the company's investment commitments for the 2023-2029 period.
Worker dies at work at industrial complex in Morowali
A worker at PT Indonesia Morowali Industrial Park (IMIP), a nickel smelter industrial complex in Morowali, Southeast Sulawesi has died after a heavy object crushed his head at the smelter of Nickel Pig Iron (NPI) producer PT Ocean Sky Metal Industry.
Conference calls for fair, transparent critical mineral supply chains
The growing global demand for critical minerals is driving a dual crisis − fragile supply chains and worsening socio-environmental risks − with weak planning and limited bargaining power among producing countries, disruptions in the supply of these minerals threatening the global energy transition, an international conference on critical minerals has revealed.
GAC International strengthens commitment in Indonesia
Chinese state-owned automobile manufacturer headquartered in Guangzhou, Guangdong, GAC International, has reaffirmed its commitment to expanding in Indonesia, recognizing the country’s strategic role in the Southeast Asian automotive market.
Indonesia extends Freeport’s export permit until June
The Indonesian government has granted PT Freeport Indonesia (PTFI) an export permit extension until June 2025, following delays in the operation of its new US$3 billion smelter in Gresik, East Java after a fire incident in its sulfuric acid facility last October.
East Ventures launches IndoBuild AI to accelerate AI innovation in Indonesia
Venture capital firm East Ventures has launched IndoBuild AI, a platform designed to bring together Artificial Intelligence (AI) innovators, developers, and ecosystem players to learn, collaborate, and develop AI-driven solutions for real-world challenges in Indonesia.
Banking as a Service Drives Financial Inclusion in Indonesia
Banking as a Service (BaaS) is reshaping Indonesia’s financial ecosystem by enabling non-banking entities to offer regulated financial products to millions of underbanked individuals. This innovation is at the forefront of transforming digital banking across the archipelago.