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.
Antam to build precious metal factory in E. Java in support of downstream industry
State-owned mining company PT Antam is planning to build a precious metal factory at the Java Integrated Industrial and Ports Estate (JIIPE) in Gresik, East Java as part of the efforts to support downstreaming of mineral industry in Indonesia, while utilizing integrated infrastructure of the industrial estate.
Pertamina expands intl market with environmentally friendly refinery products
Two Pertamina subsidiaries, PT Kilang Pertamina Internasional (KPI) and Pertamina International Marketing & Distribution Pte. Ltd. (PIMD), have signed the Master Sales & Purchase Agreement (MPSA) to expand the outreach of high-quality and environmentally friendly refinery products to the international market.
UAE's Masdar to expand renewable energy investments in Indonesia.
Masdar, a clean energy company from the United Arab Emirates (UAE) based in Abu Dhabi, has expressed its commitment to increase investment in Indonesia.
PT Elecmetal Longteng Indonesia breaks ground on grinding ball plant in Batang
Grinding balls producer PT Elecmetal Longteng Indonesia is building a US$40 million (Rp600 billion) grinding ball production plant in the Batang Integrated Industrial Area (KITB), Central Java.
Government asks Apple to build main product factory, not just accessories
Minister of Industry Agus Gumiwang has revealed that Apple Inc. is still reluctant to invest in building a Mobile Phone, Handheld Computer, and Tablet (HKT) factory in Indonesia.
INALUM plans IPO on IDX by 2026 or 2027 to unlock value, attract investors
PT Indonesia Asahan Aluminium (INALUM), a subsidiary of State-owned mine holding company MIND ID, plans to list its shares through an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in 2026 or the latest in 2027.
MIND ID plans expansion of SGAR Mempawah to boost production, save foreign exchange
Indonesia’s state-owned mining holding company, MIND ID, plans to increase the capacity of its smelter grade alumina refinery (SGAR) located in Mempawah, West Kalimantan.
Petronas to develop Hidayah field in support of Indonesian energy self-sufficiency
PC North Madura II Ltd., a subsidiary of Malaysian oil company Petronas, has secured the Final Investment Decision for the development of the Hidayah Oil Field in the North Madura II work area, East Java.
Indonesia coal production 2024 sets the highest record in history
The Ministry of Energy and Mineral Resources (ESDM)has recorded extraordinary achievement in the coal sector throughout 2024, with national coal production reaching 830.48 million tons, exceeding the target set at 710 million tons.
KPPU targets resolution, fines payment of Google monopoly case
The Business Competition Supervisory Commission (KPPU) is targeting the case of alleged Google monopoly violations through Google Play Store and its Google Play Billing (GBP) to be resolved this month, with Google being the subject to a sanction of 50 percent of the net profit of the GBP application.
Negotiations for iPhone 16 production begin, focus on job creation and commitments
The government and Apple Inc. on Tuesday, January 7, 2025 held the first negotiations on its investment plan in Indonesia as part of the mechanism to pass the sale of its latest iPhone 16 smartphones, emphasizing on two additional points and four main objectives.
Apple begins investment negotiations as government seeks greater commitment
Apple Inc. begins negotiations regarding the company's investment plan in Indonesia as Apple’s Head of Global Affairs, Nick Amma, met with a Senior Ministry of Industry official in Jakarta on Tuesday, January 7, 2025.