PT XL Axiata Tbk (EXCL) Swings to IDR…

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…

Russia’s Bold Overture: A Dollar Return Bid Reshaping…

A high-stakes internal Russian government proposal, brought to light by Bloomberg, signals a potentially radical pivot in Moscow's economic strategy. This forward-looking document, reportedly a pitch aimed at a potential future US administration, outlines a…

A significant shake-up is underway in Indonesia's financial sector. Hashim Djojohadikusumo, President Prabowo Subianto's brother and Special Envoy for Climate and Energy, recently confirmed that key officials from the Financial Services Authority (OJK) and the…

Indonesia's stock exchange, the IDX, is set to revolutionize market transparency, drawing inspiration from Hong Kong's robust regulatory framework. Acting President Director Jeffrey Hendrik recently unveiled plans to publish a shareholder concentration list, a strategic…

EMTK Bolsters Dominant Stake in SAME (Sarana Meditama…

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…

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