#Corporate
Company named suspect in Cesium-137 radiation case in Banten
Minister of Environment and Forestry Hanif Faisol Nurofiq has announced that PT Peter Metal Technology (PMT) has formally been designated a suspect in the case of radioactive Cesium-137 contamination at the Modern Cikande Industrial Estate in Serang, Banten.
SETARA Institute awards companies for human rights standard compliance
SETARA Institute has awarded 39 companies for their efforts in integrating human rights into business operations during its “Business and Human Rights Appreciation Night” held on Friday, November 28, 2025.
Bakrie Group’s Energi Mega Persada sets US$200 M expansion plan for 2026
Oil and Gas company PT Energi Mega Persada (EMP), a key energy subsidiary under the Bakrie Group, has unveiled an ambitious expansion strategy for 2026, centered on acquiring new oil and gas assets both in Indonesia and overseas.
China to invest Rp36.4 T in Batang Industrial Zone under Indonesia–Fuzhou partnership
China is set to inject Rp36.4 trillion (US$2.2 billion) into the Batang Integrated Industrial Estate in Central Java as part of a major bilateral cooperation initiative, Coordinating Minister for the Economy Airlangga Hartarto announced.
RATU eyes new assets while relying on Cepu Block to sustain energy output, cash flow
Energy company PT Raharja Energi Cepu (RATU) is anticipating a possible decline in output from its core asset ‒ the Cepu Block ‒ but remains confident that production and revenue will stay robust through 2027–2028 amidst ongoing efforts to boost reserves and cash flow.
Foreign investors extend sell-off, pressuring BRI and Barito Group stocks
Foreign investors continued to retreat from the Indonesian equity market on Tuesday, November 25, 2025, booking approximately Rp308 billion (US$18.5 million) in net foreign sell, with the heaviest outflows targeting major blue-chip names.
GoTo executives quit amid leadership shakeup before meeting
Three senior leaders at PT GoTo Gojek Tokopedia (GOTO) have submitted their resignations following the departure of Patrick Walujo from his position as Chief Executive Officer.
President meets Russia’s Sistema to explore cooperation in health, education, technology
President Prabowo Subianto held a meeting with top executives of Russia’s conglomerate Sistema Group at the Merdeka Palace in Jakarta on Thursday, November 20, 2025, discussing potential collaboration in healthcare, education, hospitality, and the development of electric passenger ships.
Yunnan Tin eyes PT Timah tie-up, may impact tin prices
PT Timah (TINS) reveals that China’s largest tin producer Yunnan Tin Company Limited has expressed interest in forming a partnership with the Indonesian state-owned tin miner following a meeting of its representatives with the Indonesian company.
Bosch begins construction of new EV component factory in Cikarang, eyes US$299 M investment
PT Bosch Indonesia has begun construction of a new modular electric vehicle (EV) component factory in Cikarang, West Java, with potential investment reaching €259 million (US$299 million or Rp4.84 trillion).
Prabowo discusses human resources, public health and marine conservation with U.S. entrepreneur Bloomberg
President Prabowo Subianto met with American businessman Michael Bloomberg and his delegation at the Presidential Palace in Jakarta on Tuesday, November 18, 2025, discussing efforts to improve the quality of human resources in Indonesia.
Chandra Asri secures US$750 M financing from KKR for Esso Singapore retail acquisition
Petrochemical company PT Chandra Asri Pacific (TPIA), together with global investment firm KKR, has announced a dedicated US$750 million (Rp12.53 trillion) financing solution to support the group’s growth strategy and its acquisition of Esso-branded fuel retail stations from ExxonMobil in Singapore.