#Primary
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.
China’s Fuzhou Communist Party secures US$2.2B investment deals in Indonesia
The Indonesian government has secured a fresh wave of investments from the Chinese Communist Party (CPC) branch in Fuzhou following a recent bilateral meeting between the two parties, which resulted in the signing of 16 Memorandums of Understanding (MoUs), with a total investment value of Rp36.4 trillion (US$2.2 billion).
Neo Energy prepares IPO as Gotion High-Tech reported to join as strategic partner
Nickel and battery materials company PT Anugrah Neo Energy Materials (ANEM) is reportedly preparing for an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) by the end of this year amidst market rumors that the company has begun the Pre-Deal Investor Education (PDIE) process ahead of its public listing.
Industry ministry urges foreign steel producers to build plants in Indonesia
The Ministry of Industry has called on foreign steel producers exporting their products to Indonesia to establish manufacturing plants here as their presence is crucial in strengthening competitiveness of the national steel industry.
Merdeka Copper Gold to invest US$1.5 B in Tujuh Bukit underground copper mine
Mining company PT Merdeka Copper Gold (MDKA), part of the Saratoga Group owned by Garibaldi “Boy” Thohir, plans to invest around US$1.5 billion (Rp25.02 trillion) to develop the Tujuh Bukit underground copper mine in Banyuwangi, East Java.
Danantara considers direct investment in Indonesia’s coal gasification-to-DME project
Indonesia’s sovereign wealth fund, Daya Anagata Nusantara (Danantara), is considering direct investment in a coal gasification project that would convert coal into dimethyl ether (DME), a cleaner alternative to liquefied petroleum gas (LPG).
Bumi Resources to secure US$600 M loan for expansion, underground mining projects
Gold mining company PT Bumi Resources Minerals (BRMS), part of the Bakrie Group, plans to sign a US$600 million syndicated loan agreement (Rp10.03 trillion) with a consortium of foreign and local banks.
RSPO strengthens ties with Indonesian, Malaysian farmers to boost sustainable practices
The Roundtable on Sustainable Palm Oil (RSPO) has joined forces with smallholder farmer associations in Malaysia and Indonesia to enhance collaboration in promoting sustainable palm oil cultivation.
Police raid illegal sand mines in Mount Merapi National Park
Specific Crimes Directorate at the National Police’s Crime Investigation Agency, in coordination with the Mount Merapi National Park Authority, the Central Java Provincial Energy and Mineral Resources (ESDM) Agency, and other related institutions, launched an operation against illegal sand mining activities within the Mount Merapi National Park in Magelang, Central Java, on Monday, November 3, 2025.
Pam Mineral shares surge 278 percent in 2025, profit doubles amid regulatory challenges
Shares of nickel miner PT PAM Mineral (NICL) have skyrocketed by 278.85 percent year to date (ytd) in 2025, with Tuesday’s, November 4, 2025 trading session exposing the stock climbed by another 2.07 percent to Rp985, pushing its market capitalization to Rp10.48 trillion (US$1.2 trillion).
Pupuk Indonesia begins construction of nation’s first soda ash plant
State fertilizer company PT Pupuk Indonesia has begun the construction of Indonesia’s first soda ash (sodium carbonate) plant, with a total investment of Rp5 trillion (US$299 million), financed by the company and national banks.
Astra Agro Lestari vows to cut carbon emissions by 30% by 2030
PT Astra Agro Lestari (AALI) has announced plans to reduce its carbon emissions by 30 percent from 2019 levels by 2030, supported by an investment of up to Rp400 billion (US$24 million) to build 10 methane gas capture facilities across its palm oil mills.