# corporate news
Latest news group about corporate news.
Saudi Soft-Drink Brand Kinza Eyes Indonesia, Malaysia Markets
Saudi soft-drink brand Kinza is targeting Indonesia and Malaysia as it seeks local manufacturing and distribution partners in Southeast AsiaBusiness Sep 14, 2026 | 3:27 pm
Antam Expands Gold Capacity as Domestic Demand Grows
Antam plans to add 30–40 tons of annual gold capacity as domestic demand grows, with gold already accounting for 80% of revenue.Business Sep 10, 2026 | 8:41 pm
Pertamina Raises Prices of Premium Diesel, Pertamax Turbo
The steepest increase was recorded for Dexlite, which jumped to Rp 23,700 per liter from Rp 18,300, an increase of Rp 5,400 or 29.5%.Business Aug 31, 2026 | 11:46 pm
ITSEC Asia Q2 Operating Profit Jumps 1,171% as Margins Improve
ITSEC Asia’s Q2 revenue rose 21%, while pretax profit surged 1,407% on stronger project execution and improved margins.Business Aug 31, 2026 | 10:04 pm
GOTO May Fall Below Rp 50, But Analysts See a Path to Recovery
GOTO may fall below Rp 50 if the IDX scraps its price floor, but analysts say the move could clear a technical overhang and aid recovery.Business Aug 31, 2026 | 2:40 pm
BOLDe Makes Indonesia Production Hub for Global Markets
BOLDe is using Indonesia as a production base for global expansion, targeting 50% annual sales growth and new export markets.Business Aug 31, 2026 | 7:24 am
Catherine Sutjahyo Resigns as GoTo Deputy CEO
Catherine Sutjahyo has resigned as GoTo deputy CEO for personal reasons as the technology company reports its first half-year profit.Tech Aug 30, 2026 | 1:33 pm
Danantara Sumberdaya Handles Nearly $70 Billion in Commodity Exports
Danantara Sumberdaya has handled nearly $70 billion in coal, CPO and ferroalloy exports since beginning operations on June 1.Business Aug 24, 2026 | 9:04 pm
Defense Firm Executive Cipung Noer, Freeport’s Tony Wenas Named DSI Commissioners
DSI also picks presidential economic advisor Mari Elka Pangestu as its commissioner.Business Aug 24, 2026 | 8:07 pm
Indonesian Billionaire to Buy Jardine’s Singapore, Malaysia Auto Business for $208m
Prajogo Pangestu’s Chandra Asri will acquire Jardine’s auto business in Singapore and Malaysia for S$265 million.News Aug 21, 2026 | 7:34 pm
Danantara Bond Demand Signals Rising Global Investor Confidence in Indonesia: Citi
Danantara’s $1.5 billion bond drew $4.4 billion in orders, signaling stronger global investor confidence in Indonesian assets.Business Aug 20, 2026 | 8:20 pm
Sefas Group to Acquire 100% of Shell’s Fuel Station Business in Indonesia
Sefas Group will acquire Shell’s entire Indonesian fuel station business, with the deal awaiting regulatory approval.Business Aug 19, 2026 | 5:04 pm
Siloam to Acquire Rp 6.9 T Hospital Properties in Shift From Leasing
Siloam International Hospitals plans to acquire 14 companies owning hospital properties worth Rp6.9 trillion, seeking to reduce rental costsBusiness Aug 18, 2026 | 1:29 pm
Lion Air Group to Build 30-Hectare Aircraft Maintenance Hub at Future Capital Nusantara
Lion Air Group plans a 30-hectare aircraft maintenance facility at IKN airport as Indonesia prepares to develop it into a commercial hub.Business Aug 15, 2026 | 9:16 am
Gudang Garam Injects Another Rp 200 Billion Into Dhoho Airport Operator
Gudang Garam injects Rp 200 billion into Surya Dhoho Investama to support Dhoho Airport operations in Kediri, East Java.Business Aug 14, 2026 | 12:36 pm
KFC Indonesia Revenue Rises 16%, Operating Loss Narrows to Rp 32 Billion
KFC Indonesia's revenue rose 16.09% to Rp 2.79 trillion in the first half, while its operating loss narrowed 77.35%.Business Aug 13, 2026 | 3:14 pm
Garuda Indonesia Suspends Commercial Director Reza Aulia Hakim
Garuda Indonesia temporarily suspended Commercial Director Reza Aulia Hakim effective Aug. 14 without disclosing the reason.Business Aug 13, 2026 | 1:43 pm
Indonesia Faces Up to Rp 1 T Outflows After MSCI's Latest Index Review
MSCI cut GOTO from its investable index and downgraded CPIN, potentially triggering passive outflows from Indonesian stocks.Business Aug 13, 2026 | 12:57 pm
GoTo Calls MSCI Removal ‘Unwelcome News,’ Points to Solid Earnings
GoTo called its MSCI removal “unwelcome news” for shareholders but said the decision did not reflect its improving financial performance.Business Aug 13, 2026 | 12:05 pm
IDX Appoints Alex Widi Kristiono as New Commissioner
IDX shareholders have appointed Alex Widi Kristiono as commissioner, filling the seat left vacant by M Oki Ramadhana’s resignation.Business Aug 12, 2026 | 3:05 pm
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