# corporate news

Latest news group about corporate news.

Nestlé Indonesia Begins Coffee Drink Exports to Australia, Pledges Rp 10 Trillion in Shipments

Nestlé Indonesia launches coffee drink exports to Australia and pledges at least Rp 10 trillion in shipments over three years.
Business Oct 15, 2026 | 10:53 pm

PLN Replaces CEO Hours After Prabowo Orders Utility Transformation

The leadership change was approved during an online shareholders' meeting at 6:30 p.m. Wednesday.
Business Oct 14, 2026 | 9:51 pm

Medco Energi to Acquire 10% Stake in Four Eni Gas Blocks

Medco Energi agrees to acquire a 10% stake in four Eni gas blocks in East Kalimantan, expanding its long-term gas portfolio.
Business Oct 12, 2026 | 3:20 pm

Uniqlo Owner's Record Profit Fueled by Southeast Asia and Western Markets

Uniqlo owner Fast Retailing posts record revenue and profit for a fifth straight year, driven by strong growth in Europe and the US.
Business Oct 10, 2026 | 6:54 pm

Garuda Indonesia Names Thomas Oentoro as New CEO

Garuda Indonesia appoints Thomas Oentoro as CEO as the airline’s revenue grows and losses narrow, despite renewed negative equity.
Business Oct 8, 2026 | 7:05 pm

Hashim Djojohadikusumo Resigns as Solusi Sinergi Digital President Commissioner

Hashim Djojohadikusumo has resigned as WIFI president commissioner, while Director Henny Santoso has also submitted her resignation.
Business Oct 2, 2026 | 11:22 am

Yancoal Australia Completes $1.85 Billion Kestrel Coal Acquisition From Adaro

Yancoal completes its $1.85 billion acquisition of an 80% stake in Australia’s Kestrel coal mine from Adaro.
Business Oct 1, 2026 | 2:38 pm

Garuda’s $1.4 Billion Rescue Fails to Keep Equity in the Black

Garuda Indonesia’s equity turns negative again as surging fuel costs offset stronger revenue and a $1.4 billion capital injection.
Business Oct 1, 2026 | 9:31 am

Telkom Names Nanang Hendarno as CEO, Replacing Dian Siswarini

Telkom appoints Nanang Hendarno as president director, replacing Dian Siswarini in a management reshuffle approved Wednesday.
Business Sep 30, 2026 | 7:40 pm

GOTO Could Hit Rp 1 in 19 Trading Days If Daily Selloff Continues: Analyst

GOTO plunged another 13.5% on Wednesday to Rp 32, hitting the lower auto-rejection limit for a third consecutive session.
Business Sep 30, 2026 | 5:02 pm

Antam Buys 9 Tons of Gold from Freeport in First Eight Months of 2026

Antam bought 9 tons of gold from Freeport through August as it expands domestic supplies for a business generating 80% of its sales.
Business Sep 27, 2026 | 7:20 pm

Tata Turmoil Shines Light on India Succession Woes

The Tata fiasco came to a head last week when the board of Tata Sons granted Chandrasekaran another five-year term.
Business Sep 23, 2026 | 9:52 am

Pertamina, Jababeka Plan Biomethane and Hydrogen Expansion for Industrial Decarbonization

Pertamina and Jababeka expand green energy cooperation, exploring biomethane, hydrogen and solar power for industrial decarbonization.
Business Sep 22, 2026 | 7:17 pm

Barito Pacific Pours $4.5B Into Indonesia as Regional Business Expands

Barito Pacific invested $4.5 billion in Indonesia over five years as it expanded its energy and petrochemical businesses regionally.
Business Sep 22, 2026 | 1:09 pm

Amman Mineral Swings to $498 Million Profit as Sales Surge

Amman Mineral swings to a $498 million profit as first-half sales surge more than tenfold to $2.05 billion.
Business Sep 21, 2026 | 1:34 pm

Moody’s Turns Negative on Bayan Resources’ Outlook Over Coal Quota Uncertainty

Moody’s warns of production risks at Bayan Resources as Indonesia’s coal quota uncertainty threatens output and earnings.
Business Sep 18, 2026 | 2:52 pm

Low Tuck Kwong, Daughter Agree to Sell 30% of Bayan Resources to Haji Isam

Haji Isam’s Jhonlin has agreed to buy 30% of Bayan Resources from Low Tuck Kwong and his daughter, with the purchase price undisclosed.
Business Sep 17, 2026 | 10:40 pm

Low Tuck Kwong Drops to No. 3 among Indonesia’s Richest as Bayan Shares Slide

Low Tuck Kwong fell to third among Indonesia’s richest after a two-day rout in Bayan Resources shares erased $2.5 billion from his fortune.
Business Sep 15, 2026 | 11:51 pm

Shell Inaugurates First Indonesian Grease Plant in Bekasi

Shell has opened its first grease manufacturing plant in Indonesia, adding up to 12,000 tons of annual production capacity in Bekasi.
Business Sep 15, 2026 | 9:51 pm