JAKARTA – Petrindo Jaya Kreasi Tbk (CUAN), a significant player in Indonesia's mining landscape, has decisively addressed recent market speculation. The company categorically denied any immediate plans for an Initial Public Offering (IPO) of its…
Garuda Indonesia (GIAA): Charting a Course Towards Financial…
Jakarta's aviation giant, PT Garuda Indonesia (Persero) Tbk (GIAA), is actively pursuing a comprehensive financial restructuring, poised to rejuvenate its balance sheet and propel future growth. The national flag carrier recently announced its intent to…
Prajogo Pangestu Amplifies Stake in BREN: A Billionaire’s…
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…
Petrosea (PTRO) Secures Landmark $135 Million BBNI Term…
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…
EMTK Bolsters Dominance: Acquires IDR 38.4 Billion in…
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…
ASRI Stock Analysis: Alam Sutera Realty’s 1H25 Marketing…
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…
Indonesia’s banking landscape is buzzing with the latest…
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…
Remala Abadi (DATA) Secures IDR 250 Billion BCA…
In a significant financial maneuver, PT Remala Abadi Tbk (DATA), alongside its subsidiary PT PC 24 Cyber Indonesia, has successfully inked a working capital credit facility agreement worth up to IDR 250 billion with PT…
TPIA: Chandra Asri Pacific Addresses Exxon Mobil Singapore…
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…