Jakarta, Indonesia – In a significant forward-looking transaction, Elang Mahkota Teknologi (EMTK), the controlling entity behind Sarana Meditama Metropolitan Tbk (SAME), has announced a substantial increase in its ownership of the healthcare provider. This strategic…
A significant shift in ownership has sent ripples through the market for Indonesian coal giant Bumi Resources (BUMI). As of January 31, 2026, Chengdong Investment Corporation has notably reduced its direct stake in BUMI, dropping…
Indonesia's retail sector, a vital barometer of domestic consumption, presents a mixed picture as Bank Indonesia (BI) forecasts a stronger October, buoyed by holiday season demand, even as September figures reveal a notable deceleration against…
Jakarta's aviation landscape is abuzz as the planned merger between national flag carrier Garuda Indonesia (GIAA) and Pertamina's Pelita Air continues to navigate through complex strategic and financial adjustments. This ambitious consolidation, coordinated by Pertamina…