#Corporate
Daihatsu admits rigging crash test results on 88,000 cars
Daihatsu Motor Co., a subsidiary of Toyota Motor Corp. has admitted to manipulating the safety test results of several car variants marketed internationally through a statement on the company’s website published on Tuesday, May 2, 2023.
Krakatau Steel export 30,000 tons of steel to Italy, records highest surplus in Indonesia's history
The largest state-owned steel company in Indonesia, PT Krakatau Steel (Persero) Tbk, successfully exported 30,000 tons of Indonesian steel to the Italian market. Steel commodity is currently the third largest export commodity in Indonesia.
Malaysia-based company acquires mini hydro-power plant in North Sumatra
KAB Energy Holdings Sdn Bhd, a subsidiary of Kejuruteraan Asastera Bhd (KAB), a Malaysian company, has received approval from its shareholders to acquire a mini hydro-power plant in Indonesia.
Indomie products withdrawn from Malaysia, Taiwan, carcinogenic substance detected
Indomie products from Indonesia were withdrawn from the Taiwanese and Malaysian markets after the discovery of traces of ethylene oxide (EtO), a carcinogenic compound. However, currently, there is no international regulation from FAO regarding the maximum level of EtO.
Indonesia cooperates with Korean company for IKN housing projects
The Indonesian government will start building state civil apparatus (ASN) residences in the new Nusantara capital city (IKN) in the middle of this year.
PLN cooperates with France-based HDF to develop hydrogen power plant in Indonesia
State-owned electricity company PLN is collaborating with French company Hydrogen de France to develop hydrogen technology in Indonesia. In a visit to France, PLN CEO Darmawan Prasodjo signed a Memorandum of Understanding with HDF on April 18, 2023.
Bukalapak penalized with IDR107 billion fine for property project case
Indonesian e-commerce platform Bukalapak, was charged with IDR107.4 billion fine by the South Jakarta District Court (PN Jaksel) in a case filed by PT Harmas Jalesveva.
IHRS 2023 highlights importance of sense of crisis and HR challenges
The ongoing war between Russia and Ukraine, in combination with the declining economy of the United States, have impacted the global economy.
Chinese group of companies invest in petrochemical complex in North Kalimantan
East China-based Tongkun Group and Xinfengming Group are seeking Beijing's approval to construct a US$10 billion refinery and petrochemical complex in North Kalimantan Province in Indonesia.
Hundreds of workers staged protest against Job Creation Law in Parliament
Hundreds of workers from Labour Party and several workers union staged a protest in front of the House of Representative on Tuesday, April,11 ,2023.
I like loyalty and fairness: Sebastien Gautier
Sebastien Gautier is the President of the Indonesian French Chamber of Commerce and Industry. He is also the Managing Partner at Mazars Indonesia. Recently, He sat with Indonesia Business Post to discuss the business potential in Indonesia, French-Indonesia relations, and the challenges in dealing with talents in this country.
Pertamina CEO explains factors leading to fires at refineries
The fire that occurred at the oil refinery owned by state-owned oil and gas company PT Pertamina in Dumai, Riau, added to a long list of a series of fires at Pertamina assets in the last several years.