New sovereign wealth fund Danantara Indonesia will focus on large-scale projects generating good returns as it prioritises sectors championed by the government to increase economic growth and create jobs,

Indonesian textile giant PT Sri Rejeki Isman will lay off thousands of workers as it prepares to shutter operations after failing to reach agreement with creditors.

Eni and Malaysia's state energy firm Petroliam Nasional Bhd (Petronas) signed a memorandum of understanding to create a joint venture to oversee some upstream assets in Indonesia and Malaysia, the Italian energy group said on Thursday.

Indonesia has accepted Apple's $1 billion investment offer, which includes plans to establish an AirTag manufacturing facility and R&D academies.

Indonesia's central bank has agreed to provide 130 trillion rupiah ($7.9 billion) to support President Prabowo Subianto's affordable housing programme, presidential adviser Hashim Djojohadikusumo said on Wednesday.

Alexander Clapp’s “Waste Wars” tells the story of how trash from wealthy countries began traveling across borders, aided by shadowy networks of waste traders.

"His friend witnessed the crocodile resurface, maul the victim's body and drag it into the current," police said.

A top Russian security official and Indonesia’s defense minister have held talks in Jakarta as Moscow’s war on Ukraine entered its fourth year.

Multinationals like Unilever are losing ground to ambitious local rivals in emerging markets — the biggest growth engine of the $7.5 trillion global consumer goods sector.