ESG UPDATE

Market & Industry

Garuda Indonesia Resumes Flights from Husein Airport, Reopens Bandung–Denpasar Route

JAKARTA, Jakartaweekly.com — Indonesia’s national flag carrier Garuda Indonesia will resume operations from Husein Sastranegara Airport in Bandung by reinstating its direct round-trip service between Bandung and Denpasar starting on August 14, 2026. The route’s reopening marks Garuda Indonesia’s return to Husein Airport after the airport was reactivated to accommodate commercial jet operations. Garuda Indonesia […]

2 weeks ago

KAI’s Net Profit Slumps 74%, Dragged Down by KCIC Losses

JAKARTA, Jakartaweekly.com—KAI’s net profit slumped 74% year-on-year (yoy), with net profit attributable to the parent entity declining from Rp1.18 trillion to Rp305.37 billion. The decline was mainly caused by significant losses from associates and joint ventures, which surged by more than 200% on an annual basis. The company recorded net losses from associates and joint […]

2 weeks ago

ASDP Fully Implements Port Sterilization Program at Six Major Ferry Terminals

JAKARTA, Jakartaweekly.com—State-owned ferry operator PT ASDP Indonesia Ferry (Persero) has fully implemented its port sterilization program at six major ferry terminals across Indonesia, effective Wednesday, Aug. 5, 2026. The initiative establishes a new national standard for ferry port management, with a focus on improving safety, security, and operational efficiency. ASDP President Director Heru Widodo said […]

2 weeks ago

Why 5 Foreign Manufacturers Stopped Production in Indonesia

JAKARTA, Jakartaweekly.com — At least five foreign manufacturers companies have decided to stopped production in Indonesia. The reasons behind their departures vary, ranging from  global business restructuring to financial distress that ultimately resulted in bankruptcy.  Jakarta Weekly notes that most of these factory closures took place in 2025. The shutdowns affected thousands of workers, leading […]

2 weeks ago

ACES Posts Strong 1H 2026 Performance, Expands Retail Footprint with 276th AZKO Store

JAKARTA, Jakartaweekly — PT Aspirasi Hidup Indonesia Tbk (AHI), listed on the Indonesia Stock Exchange under the ticker ACES, continued to demonstrate solid business momentum in the first half of 2026, supported by resilient financial performance and an ongoing expansion strategy. The multi-brand retailer, which operates AZKO, ATARU, Pendopo, NEKA, and subsidiary-owned Toys Kingdom, strengthened […]

2 weeks ago

WTI and Brent Crude Oil Prices Drop Over 5%, Analyst Sees Remain Volatile

JAKARTA, Jakartaweekly.com—WTI and Brent crude oil prices plunged on Monday, August 3, 2026, according to Investing.com data as of 10:44 a.m. WIB. WTI crude fell 5.48% to US$80.12 per barrel after briefly touching US$79.67 per barrel. Meanwhile, Brent crude declined 4.99% to US$83.54 per barrel. The sharp decline came after President Donald Trump announced that […]

2 weeks ago

Antam Gold Price Today at Rp2.6M, Forecast at Rp2.41M-Rp2.62M Next Week

JAKARTA, Jakartaweekly.com—Antam gold prices today, Sunday, August 2, 2026, were set at Rp2,603,000 per gram, based on the latest data from Antam Precious Metals’ official website, which is updated daily at 8:30 a.m. WIB. Today’s Antam gold price showed a slight decline compared with the previous Sunday. Last Sunday, Antam gold was priced at Rp2,612,000 […]

2 weeks ago

Paradise Indonesia Posts H1 2026 Profit as Recurring Income Supports Growth

Property developer and lifestyle destination operator PT Indonesian Paradise Property Tbk (IDX: INPP) reported a net profit of Rp141.98 billion in the first half of 2026, supported by strong recurring income, operational efficiency, and contributions from newly opened commercial assets. The company expects revenue to grow 5–10% this year as it expands its portfolio while optimizing existing properties.

3 weeks ago

Chitose Profit Soars 384% in H1 2026 on Strong Office, Education Demand

Indonesian furniture manufacturer PT Chitose Internasional Tbk (IDX: CINT) reported a sharp increase in first-half 2026 earnings as growing demand from the office and education sectors lifted sales. The company expects the positive momentum to continue through the second half of the year, supported by expanding commercial, institutional, and public infrastructure projects.

3 weeks ago

Lautan Luas Posts Strong H1 2026 Results as Profit Jumps 56%

PT Lautan Luas Tbk posted robust financial results in the first half of 2026, driven by strong growth across its manufacturing and distribution businesses. The company reported a 21.2% increase in revenue, while second-quarter EBITDA surged 93.6% and net profit jumped 135.1%, reflecting improved operational efficiency and stronger business fundamentals.

3 weeks ago
More posts