Erajaya Group, a dominant force in Indonesia's retail landscape, delivered a powerful performance in October 2025, with both ERAA (Erajaya Swasembada) and its subsidiary ERAL (Sinar Eka Selaras) posting impressive same-store sales growth (SSSG). This…
Pantai Indah Kapuk Dua (PANI) Overhauls Rights Issue…
Jakarta-listed property developer Pantai Indah Kapuk Dua (PANI) has unveiled significant revisions to its upcoming rights issue, a move that recalibrates the offering's timeline, pricing, and potential capital infusion. These updated terms, officially announced on…
UBS Group AG Adjusts BUMI Holdings with Strategic…
JAKARTA – Global financial titan UBS Group AG executed a notable transaction in Indonesian coal giant PT Bumi Resources Tbk (BUMI), reducing its direct ownership stake. This move, totaling approximately IDR 176.2 billion, underscores the…
PNBN (Bank Pan Indonesia) CEO Flatly Denies ANZ…
JAKARTA – In a decisive move to quell market speculation, PNBN (Bank Pan Indonesia) CEO Herwidayatmo has categorically refuted reports alleging ANZ Group Holdings Ltd. has divested its significant stake in the Indonesian lender. This…
Jakarta Stands Firm: Indonesia Rebuffs US ‘Poison Pill’…
Indonesia has reportedly rejected a contentious "poison pill" clause proposed by the United States in ongoing bilateral trade negotiations, a move that underscores Jakarta's resolve to preserve its geopolitical autonomy. This strategic refusal, detailed by…
Indonesia’s Banking Giants: BMRI & BBNI October 2025…
As Indonesia's financial landscape evolves, banking behemoths Bank Mandiri (BMRI) and Bank Negara Indonesia (BBNI) have unveiled their October 2025 bank-only performance, painting a picture of both converging and diverging trends. These latest figures offer…
Indika Energy (INDY): Awak Mas Gold Mine Charges…
Jakarta-listed energy conglomerate, Indika Energy (INDY), is rapidly advancing its strategic diversification into the gold mining sector. The company's ambitious Awak Mas gold project shows significant progress, positioning INDY to tap into the precious metals…
TINS (PT Timah Tbk) Gears Up for Strategic…
Indonesia's leading tin miner, PT Timah Tbk (TINS), is poised for a significant transformation, actively pursuing a capital injection from state-owned financing entity Danantara. This strategic move aims to supercharge the company's downstream initiatives through…
Indonesia Targets Conditional Coal Export Duty by 2026,…
The Indonesian government is actively deliberating a new export duty framework for coal, with a potential implementation slated for 2026. This strategic move, confirmed by Finance Minister Purbaya Yudhi Sadewa, aims to harness the nation's…
