Feb 12, 2026 | Industries
PT Fajar Surya Wisesa Tbk (FASW) or Fajar Paper, one of the largest paper manufacturers in the country controlled by Thailand’s SCG, reported net loss of Rp1.14 trillion last year, inched up from Rp1.1 trillion in 2024 due to a lot of factors. Fajar Paper’s sales...
Feb 10, 2026 | Industries, Market
The Financial Services Authority (OJK) claimed that the financial system had provided Rp148.6 trillion of financing to President Prabowo’s Red-and-White Village Cooperative (KDMP) program last year. Details are not available, but since fourth quarter of 2025, PT...
Feb 9, 2026 | Industries, Market
State steel maker PT Krakatau Steel (KRAS), which struggled for decades to make money, has Danantara as its saviour. After receiving US$295 million shareholders’ loan late last year, which likely be converted into equity, Danantara stepped in as investor to replace...
Feb 9, 2026 | Industries, Market
ID Food, a state company involved in some food commodities, has over the weekend kicked off development of integrated poultry facilities in five locations under the Rp20 trillion investment from Danantara. The Phase I consists of facilities in Malang Regency (East...
Jan 30, 2026 | Industries
Investors were upbeat with the promised continuation of massive infrastructure development during Jokowi administration by his ‘successor of choice’ Prabowo Subianto. Their optimism, like supporters of Jokowi, grew higher when Prabowo announced development of 3...
Jan 23, 2026 | Industries
Indonesia suffered substantial correction in foreign direct investment (FDI) last year due to global economic uncertainties, series of regulatory changes, concerns on fiscal discipline and overall investment climate. So, even small investment from foreign investors is...
Jan 21, 2026 | Industries, Market
When Polytron, member of Djarum Group, quietly postponed the launch of its next laptop lineup due to tight global chip supplies, the decision barely registered beyond the technology page. Yet the delay says far more about Indonesia’s digital vulnerability than about...
Jan 20, 2026 | Industries
PT Anugerah Barokah Energi Baru (ABEB), a company owned by Haji Isam’s Jhonlin Group commenced operation of its battery precursor plant at Setangga Special Economic Zone (SEZ) in Tanah Bumbu Regency, South Kalimantan province last week. The plant is Jhonlin’s...
Jan 17, 2026 | Industries
Astra International (ASII) remains the largest automotive player in Indonesia, but electric vehicles (EVs) gained grounds with nearly 13% market share last year. Will 2026 be different for Astra? Data from the Association of Indonesian Automotive Industries (Gaikindo)...
