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…
IRSX: PT Investindo Buana Ultima Divests Over Half…
In a significant move that has captured the market's attention, institutional investor PT Investindo Buana Ultima IRSX from its portfolio. This substantial divestment, executed between January 2 and 7, 2026, saw the firm's ownership in…
Indonesia’s Automotive Engine Roars: Year-End Discounts Propel 2025…
GAIKINDO's latest figures paint a vivid picture of Indonesia's automotive landscape, revealing a powerful year-end sales surge that propelled 2025 national car wholesales past revised targets, even as the market navigated a slight annual contraction.…
Gold Rockets to Record High Amidst Global Volatility…
Spot gold prices surged by over 2% to a staggering US$4,599.87 per ounce on Monday, January 12th, marking an unprecedented all-time high. This meteoric rise was fueled by an intensified flight to safe-haven assets, propelled…
ANTM: Indonesia’s US$6 Billion EV Battery Dream Ignites,…
Indonesia is rapidly solidifying its position as a global electric vehicle (EV) battery powerhouse, with state-owned mining giant PT Aneka Tambang Tbk (ANTM) at the epicenter. A monumental US$6 billion integrated EV battery industry project,…
BRMS (BRMS) Gold Production Target Jumps to 80,000…
Bumi Resources Minerals (BRMS) is setting an ambitious course, targeting a significant surge in its gold production. The Indonesian mining giant aims to hit at least 80,000 troy ounces by 2026, signaling robust growth for…
Indonesia’s 2025 Economic Growth Outlook Softens: Finance Minister…
Indonesia's economic trajectory for 2025 sees a moderate recalibration, as Finance Minister Purbaya Yudhi Sadewa presents a revised, slightly more conservative outlook for the nation's gross domestic product (GDP) growth. This adjustment signals a nuanced…
OJK Gears Up to Overhaul Indonesia’s Free Float…
Indonesia's financial watchdog, the Financial Services Authority (OJK), is poised to reshape the nation's capital markets. In a significant move, Inarno Djajadi, Chief Executive of Capital Market, Derivative Finance, and Carbon Exchange Supervision at OJK,…
Ultra Jaya Milk (ULTJ) Directors Bolster Holdings: A…
In a notable move signaling strong internal conviction, key board members of PT Ultra Jaya Milk Industry & Trading Company Tbk (ULTJ) significantly increased their stakes in the prominent Indonesian dairy and beverage giant. These…