JAKARTA – Global financial titan UBS Group AG executed a notable transaction in Indonesian coal giant PT Bumi Resources Tbk (BUMI), reducing its direct ownership stake. This move, totaling approximately IDR 176.2 billion, underscores the…
Jakarta Stands Firm: Indonesia Rebuffs US ‘Poison Pill’…
Indonesia has reportedly rejected a contentious "poison pill" clause proposed by the United States in ongoing bilateral trade negotiations, a move that underscores Jakarta's resolve to preserve its geopolitical autonomy. This strategic refusal, detailed by…
Indonesia’s Banking Giants: BMRI & BBNI October 2025…
As Indonesia's financial landscape evolves, banking behemoths Bank Mandiri (BMRI) and Bank Negara Indonesia (BBNI) have unveiled their October 2025 bank-only performance, painting a picture of both converging and diverging trends. These latest figures offer…
Indika Energy (INDY): Awak Mas Gold Mine Charges…
Jakarta-listed energy conglomerate, Indika Energy (INDY), is rapidly advancing its strategic diversification into the gold mining sector. The company's ambitious Awak Mas gold project shows significant progress, positioning INDY to tap into the precious metals…
TINS (PT Timah Tbk) Gears Up for Strategic…
Indonesia's leading tin miner, PT Timah Tbk (TINS), is poised for a significant transformation, actively pursuing a capital injection from state-owned financing entity Danantara. This strategic move aims to supercharge the company's downstream initiatives through…
Indonesia Targets Conditional Coal Export Duty by 2026,…
The Indonesian government is actively deliberating a new export duty framework for coal, with a potential implementation slated for 2026. This strategic move, confirmed by Finance Minister Purbaya Yudhi Sadewa, aims to harness the nation's…
Bank Panin’s Ownership Reshuffle: ANZ Exits, Mizuho Looms,…
The Indonesian banking sector is buzzing with news as ANZ Group Holdings Ltd. moves to divest its substantial stake in PT Bank Pan Indonesia Tbk. (PNBN). This strategic maneuver sees ANZ offloading its 38.82% shareholding…
IMPC: Major Shareholder PT Tunggal Jaya Investama Offloads…
In a significant market move, PT Tunggal Jaya Investama, a key shareholder in Impack Pratama Industri (IMPC), divested 700 million shares of the company on November 25, 2025. This strategic transaction, valued at approximately IDR…