# corporate news
Latest news group about corporate news.
Indonesia Requires Foreign Executives at State Firms to Declare Assets
Indonesia's anti-graft agency says foreign executives at state-owned firms must file asset declarations like local officials.Business Jun 30, 2026 | 12:36 am
Merdeka Gold Debuts in Hong Kong in Indonesia’s First Dual Listing in Over 20 Years
Merdeka Gold began trading in Hong Kong, becoming the first Indonesian company to secure a dual listing on HKEX in over 20 years.Business Jun 26, 2026 | 4:47 pm
Pizza Hut Indonesia Operator Acquires 52% of Hayo Frozen Yogurt
Pizza Hut Indonesia operator PZZA acquired a 52% stake in Hayo to diversify revenue and expand beyond pizza.Business Jun 25, 2026 | 1:36 pm
Gojek to Cut Ride-Hailing Commission to 8% Starting July 1
Gojek will cut commissions to 8% from July, allowing drivers to retain 92% of fares under new rules.Business Jun 24, 2026 | 5:56 pm
Raffi Ahmad’s RANS Entertainment Launches IPO Targeting Rp 429 Billion
Raffi Ahmad’s RANS Entertainment launches IPO targeting up to Rp 429 billion as it prepares to sell 20% of its shares.Business Jun 23, 2026 | 1:46 pm
Indonesia IPO Activity Picks Up with JECX and JELI Offerings
JECX and JELI plan 2026 IPOs to raise funds for debt repayment, expansion and working capital in Indonesia.Business Jun 22, 2026 | 3:49 pm
Pizza Hut Indonesia Sees No Change in Operations Following $2.7 Billion Global Deal
Pizza Hut Indonesia says its operations and ownership remain unchanged despite the global chain’s $2.7 billion sale.Business Jun 19, 2026 | 2:24 pm
Danantara Raises $1.5 Billion in Debut Global Bond Offering
Danantara is considering issuing longer-dated bonds in the future, including securities with maturities of up to 30 years.Business Jun 15, 2026 | 7:38 pm
Pertamina Unit Merger Generates Up to $700 Million in Savings, Danantara Says
If the merger initiative among major SOEs is completed, Danantara could generate immediate savings of around Rp 50 trillion ($2.8 billion).Business Jun 12, 2026 | 1:04 am
Phapros Swings to Profit as 2025 Sales Jump 26% Percent
Phapros is targeting export growth in Timor-Leste, Cambodia, the Philippines, Myanmar, Papua New Guinea, and Peru.Business Jun 11, 2026 | 9:45 pm
Telkom Plans Rp 4 Trillion Share Buyback
Telkom plans a Rp 4 trillion share buyback, saying the move will reinforce investor confidence and support long-term growth.Business Jun 5, 2026 | 11:44 am
GoTo Sinks to Floor Price as FTSE Russell Drops Stock From Global Index
GoTo shares remained stuck at Rp 50 as FTSE Russell removed the stock from a global index, intensifying liquidity concerns.Business Jun 2, 2026 | 12:33 pm
KFC Indonesia Returns to Profit in Q1 2026
KFC Indonesia returned to profit in Q1 2026 as sales growth boosted revenue across major regional markets.Business May 28, 2026 | 10:13 pm
Astrindo Plans Rp 1.79 Trillion Sale of Coal Mining Unit
Astrindo plans to sell its coal mining subsidiary SBG for Rp 1.79 trillion amid weaker earnings and declining cash reserves.Business May 25, 2026 | 1:37 pm
Rosan Explains Appointment of Luke Thomas to Lead Danantara Resource Export Unit
Danantara says Luke Thomas Mahony was chosen to lead its new natural resources export company for his mining and trading experience.Business May 22, 2026 | 4:25 pm
SMKM to Acquire Singapore's PanAsia Group in $100 Million Pivot Into Aquaculture
SMKM plans a $100 million acquisition of PanAsia Group as it shifts from construction into ASEAN aquaculture operations.Business May 19, 2026 | 3:34 pm
Palm Oil Giant Musim Mas Named Corporate Suspect in Environmental Damage Case
Indonesian police named palm oil company Musim Mas a corporate suspect in an environmental damage investigation in Riau.News May 18, 2026 | 11:14 pm
Prabowo Says Danantara Assets Reach $1 Trillion, Among World’s Largest Sovereign Funds
Danantara is even larger than [similar institutions] in Qatar, Saudi Arabia, and Singapore,” Prabowo said.Business May 17, 2026 | 11:52 am
Garuda Indonesia Cuts Q1 Loss by 45% as Passenger Traffic Rises
Garuda Indonesia narrowed its Q1 2026 loss by 45% as passenger traffic and flight frequency continued to recover.Business May 15, 2026 | 12:27 pm
XL Smart Sees Revenue Surge as Merger Integration Nears Completion
XL Smart’s merger integration costs are falling sharply as revenue growth and 5G expansion improve investor confidence.Tech May 13, 2026 | 11:57 am
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