JAKARTA – Rukun Raharja (RAJA) is charting a decisive course in Indonesia's burgeoning energy sector, cementing its strategic position through a significant acquisition. The company recently clarified to the Indonesia Stock Exchange (IDX) that its…
Unpacking Indonesia’s Retail Pulse: BI’s October Forecast vs.…
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…
Indonesian Aviation Shake-Up: Garuda-Pelita Merger Advances Amidst GIAA’s…
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…