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Mark Zuckerberg Confirms Layoffs to Begin This Wednesday at Meta

09 Nov 2022

Meta Platforms Inc (META.O) confirmed will start laying off their employees on Wednesday morning, told the Chief Executive Mark Zuckerberg in front of hundreds of executives on Tuesday. Appearing downcast, Z...

Sri Mulyani: Indonesia Potentially Lose Rp112,3 Trillion

20 Sep 2022

The threat of the climate crisis is becoming more and more real. Because of climate change, Indonesia is about to lose Rp112,3 trillion. Minister of Finance, Sri Mulyani Indrawati stressed that this climate...

Astrindo Nusantara (BIPI) Acquires Hong Kong PTT Mining Worth IDR 6.97 Trillion

03 Aug 2022

Coal infrastructure company, PT Astrindo Nusantara Infrastuktur Tbk. (BIPI) has just acquired Hong Kong PTT Mining Ltd for US$471 million or Rp6.97 trillion (Rp14,800 per US$). Ray Anthony Gerungan as President...

Elon Musk Sells Tesla Shares For IDR 58 Trillion After Buying Twitter Shares

13 Jun 2022

After officially buying Twitter shares, as of April 29, 2022, Elon Musk stated that he had sold nearly 4 billion or around Rp. 58 trillion US dollars of his stake in Tesla. This statement was conveyed via his T...

The energy crisis make Indonesia the biggest beneficiary

09 May 2022

Indonesia-Daily reported that China's recent energy crisis is expected to bring profits to Indonesia, especially its export performance. According to David, chief economist of BCA Bank in Indonesia, Indo...

"Desty'' has received US$3.2 million of financing

18 Apr 2022

It is reported that the Indonesian-based social commerce start-up "Desty" received a US$3.2 million Pre-A round of financing. This round was led by Wuyuan Capital, followed by Fosun Ruizheng Capital, Yingdong C...

The No.1 Dairy Company in Asia, Yili Group Inaugurates the Largest Ice Cream Factory in Indonesia

21 Mar 2022

Milk has become a complementary food to meet the nutritional and nutritional needs of the community. Various dairy products are now widely available in the market. One of the largest producers in Asia and n...

Footwear Giant Baocheng Bets Heavily on Indonesia in 2022

07 Feb 2022

Abstract: Baocheng Group will focus on the expansion of production in 2022 in Southeast Asia, while Indonesia is the largest expansion area. A few days ago, it was reported that the footwear giant Baocheng I...

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