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…
Thomas Djiwandono Tapped as Bank Indonesia Deputy Governor:…
In a pivotal development poised to shape Indonesia's financial landscape, Thomas Djiwandono, currently serving as Deputy Finance Minister and notably the nephew of President Prabowo Subianto, has been selected as the new Deputy Governor of…
The Golden Barrage: Why Spot Gold is Skyrocketing…
Spot gold has aggressively scaled new heights, briefly touching an all-time high of ~US$5,111/oz during intraday trading on Monday, January 26, before settling slightly lower at US$5,080/oz. This remarkable surge extends its year-to-date gains beyond…