#BUMN
BI purchases Rp217.1 trillion in government bonds to support economic stability
The Indonesian Central Bank (BI) has reported Rp217.10 trillion (US$13.2 billion) in Government Securities (SBN) purchases as of September 16, 2025, a move BI Governor Perry Warjiyo claimed as a reflection of close synergy between monetary and fiscal policies.
Pertamina to build green refinery to boost sustainable aviation fuel production
State-owned energy company PT Pertamina has planed to build a green refinery dedicated to producing bioavtur, also known as sustainable aviation fuel (SAF).
Telkom’s 10th BATIC Forum draws global digital leaders, flashes on AI and connectivity
State telecommunications company, PT Telkom Indonesia, through its carrier services subsidiary Telin, is holding the 10th Bali Annual Telkom International Conference (BATIC), drawing hundreds of business leaders from across the globe.
Danantara eyes new investment deal with Saudi SWF, expands global partnerships
Indonesia’s sovereign wealth fund management agency BPI Danantara is set to expand its global investment partnerships, with a potential deal with Saudi Arabia’s Public Investment Fund (PIF).
Danantara dismisses Agrinas executive despite management freeze order
The Daya Anagata Nusantara Investment Authority (Danantara) has dismissed Edi Slamet Irianto from his position as Director of Business & Industrial Development at PT Agrinas Palma Nusantara, just five months after his appointment in February 2025.
Danantara eyes S. Korea collaboration to boost Indonesia’s global media presence
Indonesia’s state investment management body BPI Danantara has expressed interest in forming a strategic partnership with South Korea in media and entertainment industry, aiming to learn from the country's global cultural success and boost international visibility of Indonesian culture.
IDX aims for several lighthouse IPOs in 2025
The Indonesia Stock Exchange (IDX) is targeting several major companies to go public under its Lighthouse IPO program throughout 2025.
Danantara eyes partnership with Russia to build clean energy shipyards in Indonesia
Indonesia’s sovereign investment agency Badan Pengelola Investasi Daya Anagata Nusantara (Danantara) is preparing a partnership with Russian counterparts to develop clean energy-based shipbuilding infrastructure within the country.
Strict rules for SOE directors earn praise, boost public trust in Danantara
The imposition of strict regulations for directors of state-owned enterprises (SOEs) is seen as a positive development for Daya Anagata Nusantara Investment Management Agency (BPI Danantara) for they will allow the agency to sharpen its focus on performance and integrity.
PLN restructures leadership, introduces new technology director role
State electricity provider PT PLN has taken a significant leadership reshuffle following an Extraordinary General Meeting of Shareholders (EGMS) held on Wednesday, June 18, 2025 at the Ministry of State-Owned Enterprises (SOEs).
Danantara secures Rp150 T in dividends from state-owned enterprises
Indonesia’s investment management agency Daya Anagata Nusantara (BPI Danantara) has received a massive dividend injection of Rp150 (US$9.14 billion) from state-owned enterprises (SOEs), marking a significant leap from the previous year.
Danantara to provide Rp130 T for national housing project
State investment management agency (BPI Danantara) has pledged an investment of Rp130 trillion (US$8 billion) to support the national housing initiative led by the Ministry of Housing and Settlements.