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.
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.
Indonesia and EGA strengthen aluminum production partnership
Coordinating Minister for the Economy Airlangga Hartarto recently met with Abdulnasser Ibrahim Saif Bin Kalban, CEO of Emirate Global Aluminium (EGA), discussing the continuation of cooperation in developing aluminium production through the development of a smelter that processes bauxite in Indonesia.
Inpex targets FID completion for Abadi Field project by 2027
Inpex Corp, Japan’s largest oil and gas exploration company is targeting a Final Investment Decision for its Abadi liquefied natural gas (LNG) project in Indonesia by 2027.
Indofarma responds to bankruptcy of subsidiary, assuring stability of operations
State-owned pharmaceutical company PT Indofarma has responded to its subsidiary PT Indofarma Global Mendika which was declared in default or bankrupt by the court, assuring stability of operations in the parent company and other subsidiaries.
PTFI accelerates smelter repairs, seeking export relaxation extension amid recovery efforts
PT Freeport Indonesia (PTFI) is accelerating the process of repairing smelter facilities by installing replacement equipment at the Java Integrated Industrial and Ports Estate (JIIPE), Gresik, East Java.