Indonesia's tech landscape is abuzz as the government reportedly backs a potential merger between homegrown digital giant GoTo Gojek Tokopedia (GOTO) and regional ride-hailing powerhouse Grab. This pivotal shift in official sentiment, a stark contrast…
XL Axiata’s Q3 2025 Financial Dip: Merger Costs…
PT XL Axiata Tbk (EXCL) reported (financials here) a net loss of approximately IDR 1.4 trillion in Q3 2025, a significant reversal from the net profit of IDR 292 billion in Q3 2024 and deepening…
GOTO (GoTo Gojek Tokopedia) Smashes Buyout Rumors, Confirms…
Indonesian tech titan GoTo Gojek Tokopedia (GOTO) has moved swiftly to clarify recent market frenzy, announcing its Extraordinary General Meeting of Shareholders (EGMS) agenda will be revealed on November 25, 2025. Concurrently, the company unequivocally…
BUMI (IDX: BUMI) Charts New Course: Major Dive…
Indonesian mining giant PT Bumi Resources Tbk (IDX: BUMI) is reportedly embarking on a significant strategic pivot, eyeing a substantial expansion into the high-demand bauxite and alumina sectors. This bold move signals a clear intent…
Bank Indonesia Unveils Key Economic Forecasts: Navigating 2025…
Bank Indonesia (BI) Governor Perry Warjiyo recently cast a spotlight on the nation's economic horizon, offering a detailed outlook for 2025 and 2026. These projections, encompassing GDP growth, inflation, credit expansion, and the rupiah's exchange…
Merdeka Entities Forge Ahead: Stellar 9M25 Performance &…
Indonesia's mining titans, Merdeka Copper Gold (MDKA) and Merdeka Battery Materials (MBMA), have unveiled a compelling 9M25 operational update, demonstrating significant momentum and strategic advancements across their diverse portfolios. This release signals robust performance and…
Indo Tambangraya Megah (ITMG): Mixed Signals Emerge Amidst…
Indonesian coal giant Indo Tambangraya Megah (ITMG) has unveiled its latest financial results, revealing a complex narrative of quarterly recovery shadowed by significant year-to-date underperformance. While the company posted a notable surge in net profit…
GOTO (GOTO) Dismisses Grab Deal Speculation, Faces Shareholder…
Jakarta, Indonesia – GoTo Gojek Tokopedia (GOTO) has officially refuted claims of an imminent transaction with Grab, even as swirling reports suggest a potential leadership overhaul orchestrated by key shareholders. The Indonesian tech giant finds…
Unpacking Indonesia’s Retail Pulse: BI’s October Forecast vs.…
Indonesia's retail sector, a vital barometer of domestic consumption, presents a mixed picture as Bank Indonesia (BI) forecasts a stronger October, buoyed by holiday season demand, even as September figures reveal a notable deceleration against…
