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.

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Company executive named president director of ID FOOD

The Ministry of State-Owned Enterprises has appointed Ghimoyo, a private company executive, as President Director of State-owned food holding company PT Rajawali Nusantara Indonesia (ID FOOD), replacing Sis Apik Wijayanto.

Inalum

House supports Inalum’s strategic initiatives as profit soars 99 percent

The House of Representatives Commission VI has lent its support for PT Indonesia Asahan Aluminium (Inalum), a member of the State-owned mining holding company MIND ID, to enhance its impact and contribution to the country.

Santunan kepada anak anak penderita kanker, image source: koran-pikiran rakyat

A meaningful Ramadan for children battling cancer

Laughter echoed in the corner of the room, despite some pale faces showing signs of exhaustion from ongoing treatments. 

Avian - image source: Avian

Avian invests Rp275.8 billion in adhesive manufacturer Dextone Lemindo

Paint manufacturer, PT Avia Avian (AVIAN) has made a strategic investment in a company engaged in the adhesive or glue industry, PT Dextone Lemindo, worth Rp275.84 billion (US$17.9 million).

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Freeport's copper export permit extended for six months amid smelter repairs

The government has approved an extension of the relaxation of exports of 1.3 million tons of copper concentrate for the next six months to PT Freeport Indonesia (PTFI).

PLN, SOEs ministry provide free homecoming trip for over 11,000 participants

State power utility company PT PLN and the Ministry of State-Owned Enterprises (SOEs) has opened the 2025 SOE Free Homecoming program on March 14-18, 2025,with a quota of more than 11,000 travelers to be departed from four cities.

Medco-natuna

Pertamina launches oil & gas exploration in Natuna to strengthen energy security

Pertamina East Natuna, a subsidiary of Pertamina’s upstream oil and gas division, has commenced exploration in the North Natuna Sea as part of efforts to increase Indonesia’s domestic hydrocarbon reserves. 

Maroef Sjamsoeddin as MIND ID chief

House Commission VI supports Maroef Sjamsoeddin's leadership at MIND ID

The House of Representatives’ (DPR) Trade and State-owned Enterprises Commission VI has welcomed the appointment of Maroef Sjamsoeddin as President Director of MIND ID, citing his capacity to address governance challenges within the MIND ID Group.

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BCA announces changes in top executive, oversight commission posts

PT Bank Central Asia (BCA) has formally appointed outgoing President Director Jahja Setiaatmadja as the company’s President Commissioner, replacing Djohan Emir Setijoso, while naming Gregory Hendra Lembong to fill in the post left by Jahja. 

MIND ID

MIND ID wins Best Syndicated Loan Deal Southeast Asia Award

Indonesian state-owned mining holding company MIND ID has been awarded the prestigious Best Syndicated Loan Deal Southeast Asia/APAC/Indonesia by FinanceAsia at the FinanceAsia Achievement Awards 2024 in Hong Kong.

Sritex

PT Sritex seeks new investors to avert bankruptcy: Manpower Minister

Minister of Manpower, Yassierli said that the curator team of textile company PT Sritex is looking for new investors to save the company from bankruptcy.

Mining - MIND ID

MIND ID strengthens women empowerment in the mining industry

State-owned mining holding company, MIND ID, has reaffirmed its commitment to strengthening women empowerment in the mining industry in line with the International Women’s Day celebration on March 8, 2025 and the Women’s Empowerment Principles (WEPs), launched by UN Women and the UN Global Compact to promote gender equality in the workplace.

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