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.
President Prabowo orders leaner, more professional leadership in State banks
President Prabowo Subianto has instructed State banks to streamline their board of commissioners, making them more concise and filled by professionals.
BNI announces new figures in top leadership
The Annual General Meeting of Shareholders of State-owned PT Bank Negara Indonesia (BNI) on Wednesday, March 26, 2025 formally appointed Putrama Wahju Setyawan as the bank’s President Director and Alexandra Askandar as Deputy President Director.
Energi Mega Persada to develop CCS/CCUS facility in Aceh’s Arun Field
Bakrie Group oil and gas company, PT Energi Mega Persada (EMP), along with its subsidiary PT Pema Global Energi (PGE), has announced plans to develop Carbon Capture and Storage (CCS) and Carbon Capture, Utilization and Storage (CCUS) facility in Arun Field, Aceh.
New pump energy optimization solution launched to drive cost, carbon savings
Pump specialist Sulzer has launched the Sulzer Energy Optimization Service, an energy efficiency and carbon reduction service that will provide standard for the operation of centrifugal pumps across their lifecycle for energy intensive industries such as power generation, oil and gas, chemicals and water desalination.
Harita Nickel enhances operational efficiency amid industry challenges
Nickel mining company PT Trimegah Bangun Persada (NCKL), known as Harita Nickel, has completed the construction of its second refinery, PT Obi Nickel Cobalt (ONC), which has been in full commercial operation since August 2024.
Pixel Group enhances online promotion in public transportation
Pixel Group, an out-of-home (OOH) advertising industry company, is further strengthening its position by presenting technology-based advertising solutions in the public transportation sector.
XL Axiata, Smartfren officially merge
Two telecommunication companies PT XL Axiata and PT Smartfren Telecom have officially merged following a recommendation made and ratified at the Annual General Meeting of Shareholders (AGMS) and Extraordinary General Meeting of Shareholders (EGMS) in Jakarta, on Tuesday, March 25, 2025.
Energi Mega Persada reports improved financial performance in 2024
PT Energi Mega Persada (EMP) recorded a solid financial performance in 2024, reporting an 11 percent increase in net sales from US$420.8 million in 2024 to US$467.4 million in 2024, a 5 percent rise in EBITDA from US$265.7 million in 2023 to US$278 .9 million in 2024, and a 10 percent growth in net profit from US$68.4 million in 2023 to US$75.4 million in 2024.
KSPI accuses PT Pos Indonesia of modern slavery over partner work conditions
The Confederation of Indonesian Trade Unions (KSPI) has accused PT Pos Indonesia of implementing modern era slavery, suspecting the State-owned postal company is exploiting 15 thousand people who work as partners.
Massive layoffs rampant in electronics industry amid import surge, weak demand
The Electronic Entrepreneurs Association (Gabel) has revealed that the electronics industry ecosystem has been laying off workers since the beginning of this year as a result of efficiency driven by the shrinking domestic market and the high volume of imported electronics from China.
President and ministers strategize Agrinas expansion to boost food security
President Prabowo Subianto summoned a number of Red-and-White Cabinet ministers to the Merdeka Palace on Monday, March 24, 2025 to discuss the performance prospects of Agrinas.
Major mining companies book strong performance, growth in the past four years
*This article is the collaboration between Indonesia Business Post and MIND ID