JAKARTA – In a significant move reverberating through Indonesia's capital markets, Chengdong Investment Corporation has strategically reduced its direct ownership in coal giant PT Bumi Resources Tbk (BUMI). The institutional investor divested approximately 3.7 billion…
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…
Indonesia's automotive sector concluded 2025 with a powerful surge, as Gaikindo reported robust December wholesale figures that propelled annual sales past revised targets. This late-year rally, fueled by promotional incentives and strategic pre-emptive buying, sets…
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…
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.…
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…
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,…
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 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…
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,…