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.
PIS books 64 percent international revenue growth in 2024
Cargo and shipping subsidiary of State energy company PT Pertamina, PT Pertamina International Shipping (PIS), booked a 64 percent increase in revenue from the non-captive market in 2024 compared to the previous year.
Pupuk Kaltim plans IPO on IDX, awaiting government direction
PT Pupuk Kalimantan Timur (PKT) or Pupuk Kaltim, a subsidiary of state-owned fertilizer company PT Pupuk Indonesia, has outlined the company's plan for an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) as part of its comprehensive business strategies.
GAC International strengthens commitment in Indonesia
Chinese state-owned automobile manufacturer headquartered in Guangzhou, Guangdong, GAC International, has reaffirmed its commitment to expanding in Indonesia, recognizing the country’s strategic role in the Southeast Asian automotive market.
Changan Auto set to enter Indonesian market in partnership with Indomobil
Changan Auto Southeast Asia, the automotive giant from China, will soon enter the Indonesian market through local distributor, Indomobil Group.
ExxonMobil supports Indonesia’s CCS development program, target
U.S. oil and gas company has expressed its support for Indonesia’s Carbon Capture and Storage (CCS) development program and target, actively working with the Indonesian government and state-owned oil company PT Pertamina to establish CCS infrastructure in key industrial zones that will help position Indonesia as a regional hub for carbon storage.
Paragon focuses on innovation and CSR for Ramadan 2025, no immediate IPO plans
Salman Subakat, Co-Founder and CEO of PT Paragon Technology and Innovation, has outlined a number of short-term and long-term company strategies, currently preparing to welcome Ramadan and the Idul Fitri 2025/1446 H.
Danantara set to form JV with UAE, boosting renewable energy and SOEs efficiency
Chairman of the National Economic Council (DEN), Luhut Binsar Panjaitan, reveals that many parties have express interest in establishing a joint venture (JV) with the Daya Anagata Nusantara Investment Agency (Danantara), one of them is from the United Arab Emirates (UAE).
IBC to build EV battery recycling plant by 2031, supporting nickel sustainability
Indonesia Battery Corporation (IBC) is targeting to establish an electric vehicle (EV) battery recycling plant by 2031 in support of nickel sustainability and green energy campaigns.
IBC named investment holding for new energy materials
The government has decided to name PT Indonesia Battery Corporation (IBC) as Investment Holding for the New Energy Materials sector, a move aimed at optimizing the downstreaming of mineral resources into battery raw materials to support the national electric vehicle (EV) industry.
IIMS 2025 opens, government supports automotive industry acceleration
The Indonesia International Motor Show (IIMS) 2025 commenced on Friday, February 14, 2025 at JIExpo, Kemayoran, Jakarta, in a ceremony opened by Minister of Industry Agus Gumiwang Kartasasmita.
BRI Danareksa Sekuritas targets four IPOs, expands debt underwriting in 2025
BRI Danareksa Sekuritas (BRIDS) targets four companies to list their shares through an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in 2025.
INPEX targets FID for Abadi Masela LNG project completed by 2027
Japanese oil and gas exploration company INPEX Corp is striving to have the final investment decision (FID) for the Abadi Masela Field project signed by 2027 as part of its operational target to expand the Liquefied Natural Gas (LNG) supply.