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…
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…
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-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…
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…
In a significant market move, PT Tunggal Jaya Investama, a key shareholder in Impack Pratama Industri (IMPC), divested 700 million shares of the company on November 25, 2025. This strategic transaction, valued at approximately IDR…
Raharja Energi Cepu (RATU) stands on the brink of a significant corporate transformation, nearing the final stages of acquiring a participating interest in a strategic oil and gas (O&G) block. This pivotal move underscores the…
Indonesia's benchmark Jakarta Composite Index (IHSG) etched a new chapter in its history books on Wednesday, November 26, surging +0.94% to an unprecedented close of 8,602. This all-time high was emphatically driven by stellar performances…
In a decisive move bolstering its market presence, PTRO, or Petrosea, has successfully completed the acquisition of a 60% stake in Singapore-based Scan-Bilt Pte. Ltd. (SBPL). This strategic transaction, valued at US$8.03 million, marks a…
Indonesia's tech titan, GoTo (GOTO), is poised for a significant leadership transformation as President Director Patrick Walujo has submitted his resignation. The company has moved swiftly, nominating Hans Patuwo, currently serving as COO and President…