Indonesia's rupiah has hit an all-time low against the U.S. dollar, plummeting to 16,988 during intraday trading on Tuesday, January 20, before closing at 16,950. This sharp decline, extending its 2026 year-to-date depreciation to 1.5%…
ASII Stock Surge? Astra International Unveils New Rp2…
Astra International (ASII), an Indonesian conglomerate titan, is poised to launch another substantial share buyback program, earmarking up to Rp2 trillion for the period spanning January 19, 2026, to February 25, 2026. This strategic initiative,…
Trump’s Greenland Ultimatum Sparks Transatlantic Trade Tensions
Former U.S. President Donald Trump has unveiled an audacious gambit, threatening punitive tariffs on eight European nations unless the United States acquires Greenland. This unprecedented demand has ignited fears of a full-blown transatlantic trade war,…
TINS (PT Timah Tbk): Navigating Capital Crossroads and…
JAKARTA – State-owned tin miner PT Timah Tbk (TINS) is charting a course of financial independence, as key stakeholders signal confidence in its self-remediation capabilities. Despite prior discussions about potential capital infusions, Danantara, an investment…
IRSX (Folago Global Nusantara) Ignites Growth with Rp3.7…
IRSX, formally known as Folago Global Nusantara, is poised for a significant financial maneuver, announcing an ambitious rights issue to raise approximately Rp3.7 trillion. This strategic equity financing initiative is designed to bolster the company's…
Indonesia Holds Firm on Budget Deficit Cap Amidst…
Indonesia's Coordinating Minister for Economic Affairs, Airlangga Hartarto, recently affirmed the government's steadfast commitment to maintain its budget deficit within the legal 3% of GDP ceiling. This declaration emerged on Wednesday, January 14, as the…
The World Bank has significantly revised upwards Indonesia's economic growth prospects for 2025-2027, adding approximately 0.2-0.3 percentage points to its previous projections issued around June 2025. This optimistic adjustment positions Southeast Asia's largest economy as…
SIDO Stock Alert: Sido Muncul (SIDO) Explores Strategic…
PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO), Indonesia's leading herbal medicine and pharmaceutical company, is actively exploring the possibility of bringing in a strategic investor. This move, aimed at propelling the business "to…