Indonesia's chemical giant, Chandra Asri Pacific (TPIA), has officially responded to swirling market speculation regarding a potential joint venture to acquire Exxon Mobil's gasoline station business in Singapore. The company's clarification, submitted to the Indonesia…
Indonesia's banking sector faces a notable slowdown as Bank Indonesia (BI) reports a significant deceleration in credit growth. In the first half of 2025 (1H25), overall banking credit expanded by just +7.77% year-on-year (YoY), marking…
Indonesia's Central Bank Delivers Rate Cut Amid Economic Headwinds, US Trade Deal Fuels Optimism Bank Indonesia (BI) recently made a decisive move, slashing its key policy rate in a bid to reinvigorate the nation’s economic…
JAKARTA – PT Barito Pacific Tbk (BRPT), a powerhouse within Indonesian industry under the leadership of tycoon Prajogo Pangestu, has decisively addressed recent market buzz regarding impending Initial Public Offerings (IPOs) from its affiliated entities.…
PT Petrosea Tbk (PTRO), a leading integrated mining and energy services company, has announced a significant new contract win, poised to bolster its revenue and operational footprint. The company secured a substantial five-year agreement valued…
China's economy demonstrated surprising resilience in the second quarter of 2025, with national statistics revealing a growth rate that defied consensus estimates. While a robust export performance propelled the nation forward, persistent weakness in domestic…
Indonesia's leading residential property developers have showcased a robust performance in the first half of 2025 (1H25), with several key players reporting significant marketing sales figures. Companies like Ciputra Development (CTRA), Summarecon Agung (SMRA), and…
A significant shift in the ownership landscape of PT TBS Energi Utama (TOBA) has captured market attention. TOBA's major shareholder, PT Bara Makmur Abadi, has disclosed plans for a substantial divestment of its holdings, signaling…
Indonesia's real estate titan, Ciputra Development (CTRA), has encountered significant headwinds, with its marketing sales for the first half of 2025 (1H25) revealing a notable slowdown. This performance underscores a cautious outlook for the broader…
Indonesia’s Minister of Finance, Sri Mulyani Indrawati, has officially unveiled Regulation No. 37/2025, a pivotal move mandating e-commerce platforms to collect income tax from small and medium-sized sellers. This landmark decree, effective as of Monday,…