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…
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…
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…
A significant shift in institutional ownership has emerged for Amman Mineral International (AMMN), as Jakarta-based investment firm PT Pesona Sukses Cemerlang has reduced its stake in the prominent mining company. This transaction, revealed by Indonesia's…
Solusi Sinergi Digital (WIFI), a key player in Indonesia's dynamic digital infrastructure landscape, has delivered an impressive financial performance for the second quarter of 2025. The company's latest earnings report reveals a significant surge in…
On Thursday, July 10, Trimitra Trans Persada (BLOG) made a resounding debut on the Indonesia Stock Exchange (IDX), with its shares rocketing to the auto reject upper limit (ARA). This highly anticipated IPO, backed by…
A significant acquisition is brewing in Southeast Asia’s energy sector. Chandra Asri Pacific (TPIA), through its joint venture Aster Chemicals and Energy with Glencore, is reportedly in advanced discussions to acquire Exxon Mobil's extensive petrol…
Indonesia's dynamic commodities sector just witnessed a significant strategic move as PT Transcoal Pacific Tbk (TCPI) announced a monumental long-term contract set to redefine its financial trajectory. This landmark deal positions TCPI at the heart…