#Corporate
Dharma Mitra Highlights “Street Leadership” as Key to Solving Real-World Problems
President Commissioner of PT Modernland Realty Tbk, Dharma Mitra, emphasized that true leadership requires direct involvement in real-world problems, rather than relying solely on theories. Speaking at the launch of his new book Street Leadership: Inspiration of Leadership Models from the Streets on Saturday, Aug. 16, 2025.
Foreign investors snap up Telkom shares as it sharpens focus on key business lines
Foreign investors have been actively buying shares of PT Telkom Indonesia, recording a net purchase of Rp1.45 trillion (US$89.7 million), subsequently pushing the stock price up 16 percent since the start of the week through Thursday, August 14, 2025.
Indonesia told to groom corporate leaders to drive 2045 transformation
A leadership research institute, Dwi Soetjipto Research Center (DRSC), and EM Transformation Academy (EM) have launched a joint initiative to nurture corporate leaders capable of steering the nation toward its vision of becoming a developed country by 2045.
Perplexity AI makes US$34.5 B all-cash bid to acquire Google’s Chrome browser
Perplexity AI, the fast-growing startup led by CEO Aravind Srinivas and valued at US$18 billion (Rp291.9 trillion), has submitted an official all-cash offer of US$34.5 billion to acquire Google’s Chrome browser − despite its own market valuation being less than half the bid amount.
Fortune Indonesia unveils 2024 list of top 100 companies by revenue
Fortune Indonesia has released its 2024 list of the 100 largest companies in the country, ranked by revenue, with companies on the list reporting a minimum revenue of Rp11.42 trillion (about US$700 million), up from last year’s threshold of Rp10.54 trillion.
Seven companies set to launch IPOs on IDX by end-2025
The Indonesia Stock Exchange (IDX) has announced that seven companies are preparing to go public through initial public offerings (IPOs) by the end of 2025, with asset sizes ranging from medium to large scale.
South Sumatra poised to sign first oil purchase deal from community-operated wells
South Sumatra is set to become the first region in Indonesia to sign an oil purchase contract from community-operated wells, said Deputy Minister of Energy and Mineral Resources (ESDM) Yuliot Tanjung.
Surge acquires IJN shares to strengthen digital infrastructure network
Telecommunications infrastructure company, PT Solusi Sinergi Digital or Surge, through its subsidiary PT Jaringan Infra Andalan (JIA), has taken another bold step in its expansion strategy through a major share acquisition of PT Investasi Jaringan Nusantara (IJN) of Rp 599 billion (US$37 million).
Toyota to build new factory in Japan amid shifting market dynamics
Toyota Motor Corporation has planned to build a new automobile manufacturing plant in one of Japan cities, with operations expected to begin in early 2030.
Rukun Raharja sets sights on LNG infrastructure to strengthen energy portfolio
Energy firm PT Rukun Raharja (RAJA), controlled by Hapsoro Sukmonohadi − husband of House of Representatives (DPR) Speaker Puan Maharani − has planned to expand its energy portfolio through an LNG infrastructure acquisition amidst modest increase in revenue for the second quarter (Q2) of 2025.
Pertamina EP investigates Subang gas pipeline explosion, ensures site safety
State-owned oil and gas drilling company PT Pertamina EP is investigating the explosion at the CO2 Removal gas line of the Subang Gathering Station in Cidahu Village, Pagaden Barat Sub-district, Subang regency, West Java at about 4:30 a.m. on Tuesday, August 5, 2025.
Three major firms set to launch IPOs on IDX, one owned by Indonesian conglomerate
The Indonesia Stock Exchange (IDX) has announced that three large-scale companies are in the pipeline to go public through initial public offerings (IPOs), including one owned by a prominent Indonesian conglomerate.