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Troubled State Builder Waskita Wins $118 Million Toll-Road Contract Amid Debt Overhaul

Troubled State Builder Waskita Wins $118 Million Toll-Road Contract Amid Debt Overhaul

Stock Market Taufikul Basari, MBA Juni 23, 2026

Waskita Karya, one of Indonesia's most heavily indebted and troubled state construction companies, has won a 2.1 …

Emtek-Backed Jakarta Eye Center Operator Launches IPO in Crowded Healthcare Window

Emtek-Backed Jakarta Eye Center Operator Launches IPO in Crowded Healthcare Window

EMTK Taufikul Basari, MBA Juni 23, 2026

The operator of Jakarta Eye Center, Indonesia's best-known eye-hospital network and a company backed by the media…

Indonesian Celebrity Raffi Ahmad Takes RANS Entertainment Public, With a Star-Studded Share Register

Indonesian Celebrity Raffi Ahmad Takes RANS Entertainment Public, With a Star-Studded Share Register

saham IPO Taufikul Basari, MBA Juni 23, 2026

Indonesia's most famous celebrity, Raffi Ahmad, is taking his RANS Entertainment media business public in a Jakar…

Foreign Flows Into Indonesia Hinge on MSCI Verdict, Ashmore Says, as Hawkish Fed Clouds Backdrop

Foreign Flows Into Indonesia Hinge on MSCI Verdict, Ashmore Says, as Hawkish Fed Clouds Backdrop

MSCI Taufikul Basari, MBA Juni 23, 2026

Foreign confidence in Indonesian assets, passive fund flows and the stock market's liquidity premium will hinge on …

Indonesia's Rate Hike Seen Favoring Bank Stocks, Though Analysts Urge Selectivity

Indonesia's Rate Hike Seen Favoring Bank Stocks, Though Analysts Urge Selectivity

BMRI Taufikul Basari, MBA Juni 23, 2026

Bank Indonesia's latest interest-rate increase, part of its effort to defend a weakening rupiah, is being read by s…

Pelindo's Marine Unit IPCM to Pay Final Dividend, Most Flowing to State Parent

Pelindo's Marine Unit IPCM to Pay Final Dividend, Most Flowing to State Parent

Stock Market Taufikul Basari, MBA Juni 23, 2026

PT Jasa Armada Indonesia, the ship-pilotage and towage arm of Indonesia's state port operator Pelindo, will pay a f…

Indonesia's Sinar Mas Developer BSDE Skips Dividend as Widjaja Family Steps Back From Board

Indonesia's Sinar Mas Developer BSDE Skips Dividend as Widjaja Family Steps Back From Board

BSDE Taufikul Basari, MBA Juni 21, 2026

PT Bumi Serpong Damai, the property arm of Indonesia's Sinar Mas conglomerate and the developer of the sprawling BS…

Indonesia's Alfamart Reshuffles Overseas Arm, Bringing in Investor for Philippines and Bangladesh Push

Indonesia's Alfamart Reshuffles Overseas Arm, Bringing in Investor for Philippines and Bangladesh Push

Alfamart Taufikul Basari, MBA Juni 21, 2026

PT Sumber Alfaria Trijaya, the operator of Indonesia's Alfamart convenience-store chain and one of Southeast Asia&#…

Indonesia's Prodia Diagnostic Line Launches Small Jakarta IPO to Cut Debt and Expand

Indonesia's Prodia Diagnostic Line Launches Small Jakarta IPO to Cut Debt and Expand

Indonesia Taufikul Basari, MBA Juni 21, 2026

PT Prodia Diagnostic Line, the medical-diagnostics manufacturing arm of Indonesia's Prodia healthcare group, is lau…

Haji Isam's Palm Oil Firm Jhonlin Agro Raya Declares Modest Dividend After Biodiesel-Driven Surge

Haji Isam's Palm Oil Firm Jhonlin Agro Raya Declares Modest Dividend After Biodiesel-Driven Surge

Indonesia Taufikul Basari, MBA Juni 21, 2026

PT Jhonlin Agro Raya, the palm oil and biodiesel producer controlled by politically well-connected Indonesian tycoon Ha…

Pertamina's Elnusa Moves Into Fuel Infrastructure With East Kalimantan Terminal

Pertamina's Elnusa Moves Into Fuel Infrastructure With East Kalimantan Terminal

ELSA Taufikul Basari, MBA Juni 21, 2026

PT Elnusa, the oilfield-services arm of Indonesian state energy company Pertamina, is pushing into fuel-storage infra…

Indonesia's Merdeka Copper Gold Plans Board Overhaul as It Pushes Into Nickel and EV Materials

Indonesia's Merdeka Copper Gold Plans Board Overhaul as It Pushes Into Nickel and EV Materials

MDKA Taufikul Basari, MBA Juni 21, 2026

PT Merdeka Copper Gold, one of Indonesia's largest listed miners and part of the Saratoga investment group, has pro…

Distressed Indonesian Drugmaker Indofarma Ships Medicines to Afghanistan as It Fights Delisting

Distressed Indonesian Drugmaker Indofarma Ships Medicines to Afghanistan as It Fights Delisting

INDF Taufikul Basari, MBA Juni 21, 2026

PT Indofarma, the troubled Indonesian state-owned pharmaceutical company, has shipped five containers of medicines to…

Indonesia's Pizza Hut Operator Says Local Business Unaffected by Yum's $2.7 Billion Global Sale

Indonesia's Pizza Hut Operator Says Local Business Unaffected by Yum's $2.7 Billion Global Sale

PZZA Taufikul Basari, MBA Juni 21, 2026

The Indonesian operator of Pizza Hut said its restaurants and franchise rights will be unaffected by Yum! Brands'…

Squeezed by Oversupply, Indonesia's Top Cement Maker Turns to Retail Concrete

Squeezed by Oversupply, Indonesia's Top Cement Maker Turns to Retail Concrete

Indonesia Taufikul Basari, MBA Juni 21, 2026

PT Semen Indonesia, the country's largest cement producer, is pushing deeper into the retail home-renovation mark…

Indonesia Awaits MSCI Verdict on Emerging-Market Status After Transparency Downgrade

Indonesia Awaits MSCI Verdict on Emerging-Market Status After Transparency Downgrade

Indonesia Taufikul Basari, MBA Juni 21, 2026

Indonesia's battered stock market faces a defining week as index provider MSCI prepares to rule on whether Southe…

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