Ultrajaya Milk Industry & Trading Company (ULTJ) stands at the precipice of a significant corporate overhaul. The Indonesian dairy giant is embarking on an ambitious rights issue, a strategic move poised to usher in a…
Eramet’s Weda Bay Nickel Divestment: A Catalyst for…
French mining powerhouse Eramet is poised to reshape the Indonesian nickel landscape, announcing its intent to divest a significant minority stake in PT Weda Bay Nickel (WBN). This strategic move, aimed at bolstering Eramet's financial…
Rupiah Recoils as “Hot” US Inflation Ignites Dollar…
The Indonesian Rupiah faced significant headwinds this week, closing 0.5% weaker against the US Dollar at 18,145 on Wednesday, November 11th. This move edged the currency precariously close to its all-time low of 18,189, a…
INDF Stock: Indofood Sukses Makmur Anchors Market with…
Indonesia's consumer staple titan, Indofood Sukses Makmur Tbk (INDF), is charting a course for enhanced shareholder value, unveiling a substantial share repurchase program. The company plans to allocate up to IDR 750 billion (approximately USD…
ICBP (Indofood CBP) Unleashes IDR 750 Billion Stock…
Jakarta, Indonesia – In a decisive move set to energize the market, consumer goods giant Indofood CBP Sukses Makmur, known by its stock code ICBP, has announced a significant share repurchase program. This strategic initiative,…
Indonesia’s SOEs Propel Economic Momentum with Stellar Profit…
Indonesia's State-Owned Enterprises (SOEs), often dubbed the nation's economic backbone, are showcasing robust financial health. As revealed on Monday, October 26, by Dony Oskaria, COO of Danantara, these vital entities have collectively recorded a remarkable…
AKRA (PT AKR Corporindo Tbk): Q3 2026 Earnings…
PT AKR Corporindo Tbk (AKRA) delivered a powerful performance in the third quarter of 2026, reporting a substantial net profit of Rp780 billion. This result not only marked a solid 1% quarter-on-quarter increase but also…
PACK Stock (PACK): A Nickel Power Play with…
JAKARTA — PACK (Abadi Nusantara Hijau Investama) is poised for a transformative leap, announcing a colossal rights issue aiming to raise up to US$463 million (approximately Rp8.2 trillion). This ambitious capital raise is earmarked primarily…