PT Saka Industrial Arjaya, the controlling shareholder of Mega Manunggal Property (MMLP), significantly increased its direct ownership in the company, solidifying its dominant position. This substantial acquisition, valued at approximately Rp310.2 billion, marks a pivotal…
IHSG Soars to All-Time Highs: What’s Fueling Indonesia’s…
Indonesia's equity benchmark, the Jakarta Composite Index (IHSG), has kicked off 2026 with an extraordinary surge, hitting an all-time high (ATH) of 8,940 in intraday trading on Tuesday, January 6th, before closing at 8,934 with…
ERAA & ERAL Stocks Surge: iPhone 17 and…
Erajaya Group's prominent retail arms, ERAA (Erajaya Swasembada) and ERAL (Sinar Eka Selaras), recently delivered a powerful statement on their market dominance, reporting remarkably strong Same Store Sales Growth (SSSG) for November 2025. This impressive…
SIDO Stock: Sido Muncul (SIDO) Targets Ambitious 8%…
Indonesia's leading herbal and pharmaceutical powerhouse, Sido Muncul (SIDO), has unveiled an assertive growth strategy, projecting an impressive 8% year-on-year surge in both revenue and net profit by 2026. This ambitious forecast signals a significant…
Indonesia’s Inflationary Surge: CPI Hits Highest Since April…
Indonesia's economic landscape shifted perceptibly in December 2025 as consumer price index (CPI) inflation accelerated significantly, reaching its highest annual rate since April 2024. This notable uptick, driven by key household expenditures, signals a potential…
Geopolitical Shockwave: US Seizes Maduro, Reshapes Venezuela’s Oil…
A dramatic series of events unfolded on January 3, 2026, as the United States launched a military operation in Venezuela, culminating in the arrest of President Nicolás Maduro. This swift intervention has not only sent…
SOFA (Solusi Environment Asia) Eyes Green Growth with…
JAKARTA – Solusi Environment Asia (SOFA) is making a bold move into Indonesia's burgeoning green economy. Through its subsidiary, PT Parivarta Energi Nusantara (formerly PT Pratama Satya Prima), the company has officially announced the formation…
UNTR Stock: SpaceX Supplier Sphere Corp Ignites Excelsior…
In a significant move poised to reshape the global nickel supply chain, United Tractors (UNTR) subsidiary Nickel Industries announced a pivotal strategic partnership. South Korean-based Sphere Corp., a specialized alloy supplier to Elon Musk's SpaceX,…
