#Corporate
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.
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.
Banks asked to halt funding for Harita Group over environmental damages incurred
Environmental and human rights advocacy groups have urged banks to cease financial support for mining Harita Group of companies, citing severe environmental and social damages caused by its extractive businesses.
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.
Major mining companies book strong performance, growth in the past four years
*This article is the collaboration between Indonesia Business Post and MIND ID
Fore Coffee announces IPO on the Indonesia Stock Exchange
PT Fore Kopi Indonesia (Fore Coffee), a premium Indonesian coffee chain, has announced its plan to conduct an Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX), aimed at supporting the company's expansion plans and solidify its position in the premium coffee market.
PGN prepares natural gas supply for Jatengland Industrial Area
PT Perusahaan Gas Negara (PGN) is exploring the provision of natural gas supply and infrastructure for the Jatengland Industrial Area in Central Java as part of its commitment to expanding the utilization of natural gas to support national industrial growth.
DSSA books strong financial performance, adds investment in sustainable sectors
Mining, energy, chemicals and technology company PT Dian Swastatika Sentosa (DSSA) booked consolidated revenue of US$3 billion for 2024, reflecting solid performance amid global industry dynamics.
House supports Inalum’s strategic initiatives as profit soars 99 percent
The House of Representatives Commission VI has lent its support for PT Indonesia Asahan Aluminium (Inalum), a member of the State-owned mining holding company MIND ID, to enhance its impact and contribution to the country.
A meaningful Ramadan for children battling cancer
Laughter echoed in the corner of the room, despite some pale faces showing signs of exhaustion from ongoing treatments.
Nickel miners ask government to reconsider royalty rate hike
The Indonesian Nickel Miners Association (APNI) has strongly opposed the government's plan to increase mining royalty rates, citing concerns over the heavy financial burden on the industry.