Elang Mahkota Teknologi (EMTK) has significantly increased its direct ownership in subsidiary Surya Citra Media (SCMA), signaling robust confidence in the media powerhouse. Through a series of strategic market purchases on February 10-11, 2026, EMTK…
JAKARTA – Indonesian telecommunications giant, PT XL Axiata Tbk (EXCL), has reported a significant financial downturn, logging a net loss of IDR 4.4 trillion for the full fiscal year 2025. This stark reversal from a…
Indonesia's ambitious B50 biodiesel mandate, a cornerstone of its renewable energy strategy, now faces a pivotal test: the volatile spread between crude oil and crude palm oil (CPO) prices. Coordinating Minister for Economic Affairs, Airlangga…
Indonesia's automotive sector concluded 2025 with a powerful surge, as Gaikindo reported robust December wholesale figures that propelled annual sales past revised targets. This late-year rally, fueled by promotional incentives and strategic pre-emptive buying, sets…