Business
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Krakatau Steel Merges Four Subsidiaries
Krakatau Steel Merges Four Subsidiaries
JAKARTA — PT Krakatau Steel (Persero) Tbk (KRAS) has merged four of its subsidiaries into a single entity. The merger…
Vietnam’s Economy Surges 9.95% in Q3 2026
Vietnam’s Economy Surges 9.95% in Q3 2026
HANOI — Vietnam’s economy grew 9.95% year-on-year in the third quarter of 2026, marking a sharp acceleration from the 8.81%…
Danantara Reviews Potential Merger of PGN and Pertagas
Danantara Reviews Potential Merger of PGN and Pertagas
JAKARTA — The Daya Anagata Nusantara Investment Management Agency (BPI Danantara) is reviewing the possibility of merging PT Perusahaan Gas…
Angkasa Pura Reveals Reason for Handing Over Management of Dhoho Kediri Airport
Angkasa Pura Reveals Reason for Handing Over Management of Dhoho Kediri Airport
JAKARTA — PT Angkasa Pura Indonesia, also known as InJourney Airports, has revealed why it is no longer managing Dhoho…
PT Terminal Teluk Lamong Reshuffles Board of Directors, Fahrus Salam Appointed Operations Director
PT Terminal Teluk Lamong Reshuffles Board of Directors, Fahrus Salam Appointed Operations Director
SURABAYA — PT Terminal Teluk Lamong (TTL) has changed the composition of its Board of Directors, effective October 10, 2026.…
BI Reprints Rupiah Notes Bearing Purbaya and Perry Warjiyo’s Signatures, Here’s Why
BI Reprints Rupiah Notes Bearing Purbaya and Perry Warjiyo’s Signatures, Here’s Why
JAKARTA – Bank Indonesia (BI) has continued printing Rupiah banknotes in 2026 bearing the signatures of Purbaya Yudhi Sadewa, who…
Pelindo Prepares PDS-TEDS Merger as Part of SOE Subsidiary Restructuring
Pelindo Prepares PDS-TEDS Merger as Part of SOE Subsidiary Restructuring
JAKARTA — PT Pelindo Daya Sejahtera (PDS) and PT Tanjung Emas Daya Sejahtera (TEDS) are set to be merged as…
Jakarta LRT Program Launched Under Jokowi Era to Continue, DKI Government Urges Danantara to Fund Expansion
Jakarta LRT Program Launched Under Jokowi Era to Continue, DKI Government Urges Danantara to Fund Expansion
JAKARTA — The Jakarta Provincial Government is urging the Daya Anagata Nusantara Investment Management Agency (Danantara) to help finance the…
Textile SOE Yet to Materialize, Danantara: We Will Establish a New Company
Textile SOE Yet to Materialize, Danantara: We Will Establish a New Company
JAKARTA — The plan to establish a state-owned enterprise (SOE) that would lead Indonesia’s textile industry has yet to materialize…
IHSG Falls 1.11%, Three State-Owned Bank Stocks Decline
IHSG Falls 1.11%, Three State-Owned Bank Stocks Decline
JAKARTA — The Indonesia Stock Exchange Composite Index (IHSG) fell 1.11% in the first trading session on Tuesday (September 22,…