Indonesia's prominent billionaire, Prajogo Pangestu, has made a significant move, further solidifying his commitment to Barito Renewables Energy (BREN). As the controlling shareholder, Pangestu recently acquired an additional 3 million shares of BREN, signaling a…
In a significant move poised to redefine Indonesia's grassroots economy, President Prabowo Subianto recently inaugurated the groundbreaking Koperasi Desa (Kopdes) Merah Putih program. This ambitious initiative aims to inject vital financial resources directly into village…
Indonesia is aggressively pursuing a landmark trade deal with the United States, aiming to secure zero-tariff access for several of its vital export commodities. In a strategic move, Jakarta proposes significant reciprocal concessions to Washington,…
Petrosea (PTRO), a prominent Indonesian multi-disciplinary mining, infrastructure, and oil & gas services company, has successfully solidified its financial foundation by signing a significant senior term facility worth US$135 million, approximately IDR 2.2 trillion, with…
PT Elang Mahkota Teknologi Tbk (EMTK), the controlling shareholder of media giant PT Surya Citra Media Tbk (SCMA), has significantly increased its stake in the latter through a substantial open market purchase. This strategic move…
Indonesia's Ministry of Communication and Digital (Kominfo) is reportedly evaluating a groundbreaking policy that could redefine how citizens access voice over internet protocol (VoIP) services. This proposed regulation might soon mandate a special internet subscription…
Indonesia's cement industry faces a challenging period, as evidenced by a significant contraction in sales volumes during the first half of 2025. Data from Indocement Tunggal Prakarsa (INTP) reveals a notable 7.3% year-on-year (YoY) decline…
ASRI, or Alam Sutera Realty, has demonstrated robust financial momentum, achieving IDR 1.4 trillion in marketing sales during the first half of 2025. This impressive 17% year-on-year growth positions the property developer firmly on track…
President Director of Bank CIMB Niaga, Lani Darmawan, recently revealed to Investor Daily that the bank registered a significant increase in credit disbursed. For the first half of 2025 (1H25), CIMB Niaga's loan growth reached…
Former President Donald Trump recently injected fresh uncertainty into the already volatile relationship between the White House and the Federal Reserve, publicly refuting claims he sought to remove Fed Chairman Jerome Powell. While labeling Powell's…