Corporate Affairs

Uncovers the dynamics of state-owned enterprises and corporate giants with a vibrant and insightful approach, making the corporate world both fascinating and accessible.

MEGABUILD 2025 - image source: green.katadata.co.id

MEGABUILD Indonesia 2025 opens, demonstrating smart and sustainable living innovations

MEGABUILD Indonesia 2025 has officially opened its doors at the Jakarta International Convention Center (JICC), presenting a wide range of innovative solutions for building smarter, more comfortable, and environmentally sustainable homes. MEGABUILD Indonesia 2025 runs until April 27 at JICC, Halls A and B.

James Riady - image source: Katadata/Fauza Syahputra

James Riady promises swift resolution to Meikarta dispute amid consumer pressure

Lippo Group leader James Riady has emphasized that his party will immediately resolve the Meikarta property project after nearly a decade in dispute.

SMBC Building

SMBC Indonesia announces new top level management, distributes dividends

PT Bank SMBC Indonesia (SMBC Indonesia), a subsidiary of Sumitomo Mitsui Banking Corporation (SMBC), has announced the new composition of the board of directors and board of commissioners at the Annual General Meeting of Shareholders (AGMS) held on Tuesday, April 22, 2025. 

Astra Property prepares new strategy to boost first-time homebuyer market

Astra Property, a subsidiary of Astra International engaged in commercial, residential and industrial properties, is formulating a special strategy to target the first-time homebuyer market segment, in line with the shifting trend of property consumer needs in Indonesia. 

Pelita Air - image source: ruangenergi.com/Muhdy Qorib

Dendy Kurniawan reappointed as President Director of Pelita Air for second term

State energy company PT Pertamina and PT Pertamina Pedeve Indonesia as shareholders of PT Pelita Air Service have decided to confirm Dendy Kurniawan as President Director of Pelita Air for the second term.

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PGN and PTBA initiate Coal-to-SNG gasification project

State owned gas distribution company PT Perusahaan Gas Negara (PGN) has partnered with State mining company PT Bukit Asam (PTBA) to develop a Synthetic Natural Gas (SNG) project utilizing coal as feedstock, as part of a broader effort to diversify Indonesia’s energy supply and strengthen national energy resilience.

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PLN to conduct joint study on hydrogen development for maritime transportation

State power utility PT PLN has signed a collaboration agreement with the Ministry of Transportation, PT HDF Energy Indonesia, and PT ASDP Indonesia Ferry to conduct a joint study on the use of green hydrogen for the maritime transportation sector. 

LG

LG cancels US$7.7 billion EV battery project in Indonesia

South Korean electric vehicle (EV) battery manufacturer LG and its consortium have withdrawn their planned investment in building an EV battery ecosystem in Indonesia. 

Eratani - image source: Eratani

Eratani secures US$6.2 M to boost sustainable farming, empower 34,000 farmers

Indonesian agricultural startup, Eratani, has secured US$6.2 million (Rp105 billion) in Series A funding led by Singapore-based investor Clay Capital.

OSCT Indonesia participates in Interspill 2025 London

Oil Spill Combat Team (OSCT) Indonesia participated as the main exhibitor at Interspill 2025, a prestigious international conference and exhibition in the field of oil spill response which took place on April 8–10, 2025 at ExCeL London, England.

Bahtera Adhiguna-HDF Energy to study hydrogen use for ships

Shipping company PT Pelayaran Bahtera Adhiguna (BAg) has signed a memorandum of understanding (MoU) with fuell cell company, PT HDF Energy Indonesia, to study the use of hydrogen technology in efforts to decarbonize the national shipping sector.

Bank BJB names social media figures Mardigu and Helmy Yahya as commissioners

PT Bank Pembangunan Daerah Jawa Barat and Banten (Bank BJB) has appointed social media figures Mardigu Wowiek Prasantyo, alias Bossman Mardigu, and Helmy Yahya as commissioners at the bank’s 2024 Annual General Meeting of Shareholders (GMS) held at the Bank BJB Building in Bandung, West Java, on Wednesday, April 16, 2025. 

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