Pacific Universal Investments Pte. Ltd., a Singapore-based entity, has secured a crucial approval from the Philippine Competition Commission (PCC) to acquire shares in Indonesian retail giant PT Mitra Adiperkasa Tbk (MAPI). This strategic maneuver, targeting…
PT Remala Abadi Tbk (DATA) is setting its sights on aggressive expansion, with President Director Abadi Agus Setiono announcing ambitious plans to acquire Internet Service Providers (ISPs) and RT/RW Net operators this year. This strategic…
Indonesia's automotive titan, Astra International (ASII), finds itself navigating a challenging landscape as its dominant automotive brands, Toyota and Daihatsu, reported significant wholesale sales declines in August 2025. This downturn, revealed by the latest Gaikindo…
Indonesia’s dynamic gold mining landscape is set to welcome a significant new player to its public markets. Merdeka Gold Resources (EMAS), a strategic subsidiary of the established mining titan Merdeka Copper Gold, has officially unveiled…
Indonesian gold miner Archi Indonesia (ARCI) is setting an ambitious course, projecting a staggering tenfold increase in net profit to approximately US$100 million by 2025. This bold forecast, fueled by a robust gold market and…
OASA, or PT Maharaksa Biru Energi Tbk, is set to embark on a significant growth trajectory, leveraging a planned private placement to fund a groundbreaking waste-to-energy project. This strategic move underscores the company's commitment to…
Telkom Indonesia (TLKM), the state-owned telecommunications giant, has announced a significant procedural update, postponing its Extraordinary General Meeting of Shareholders (EGM) that was originally slated for September 3, 2025. While the exact new date remains…
In a strategic move to enhance market liquidity and broaden its investor appeal, Green Era Pte. Ltd., an affiliate of the controlling shareholder of Barito Renewables Energy (BREN), has divested a portion of its stake.…
A significant move by a key insider at Bank Central Asia, Indonesia's banking giant, has captured market attention. Jahja Setiaatmadja, the esteemed Chief Commissioner of BBCA, recently reinforced his stake in the company, a development…
In a strategic move set to reshape its energy portfolio, DSSA (Dian Swastatika Sentosa) is accelerating its push into the renewable energy sector, targeting the formation of a significant geothermal joint venture (JV) with PT…