Jun 17, 2026 | Industries, Market
Lotte Chemical Indonesia (LCI), a subsidiary of Lotte Chemical Titan Holding Berhad, has secured KRW451.74 billion loan from its major shareholder Lotte Chemical Corporation (LCC) for supporting LCI’s repayment of its existing facility borrowings, including export...
Jun 14, 2026 | Industries, Market
President Prabowo Subianto said recently that he saw the country was heading to wrong direction in early 90s, and that he is now taking the country to a new direction. It is not clear, however, whether national car program from then President Soeharto, that time...
Jun 9, 2026 | Industries, Law
When the government issued Trade Minister Regulation (Permendag) No. 19/2026 on electronic commerce (PMSE), the stated objective sounded difficult to oppose: give greater visibility to local products, strengthen consumer protection, improve transparency and ensure...
Jun 7, 2026 | Industries, Market
Shares of Chandra Asri Pacific (TPIA), the largest petrochemical company in Indonesia venturing into oil refinery business in Singapore, ended substantially lower by 5.1% to Rp1,305 on Friday (Jun 5) due to broad market sentiment and divestment of 11.82 billion shares...
May 19, 2026 | Industries, Market
Shares of Kalbe Farma (KLBF) ended lower by 1.2% on Monday (May 18), while Soho Global Health (SOHO) lost 4.71%. These pharmaceutical players came out with diametrical results in the first quarter of 2026. Kalbe Farma, the largest player listed on the Indonesia Stock...
May 13, 2026 | Industries
Parna Raya Group, through its subsidiary PT Bara Blasting Perkasa, has recently kicked off construction of an integrated nitrate complex plant with US$300 million (approximately Rp4.9 trillion) of investment in Maspion Industrial Estate, Gresik, East Java province....
May 12, 2026 | Industries
Sulphur supply difficulties and the rising prices due to Iran war and closure of the Strait of Hormuz have affected not only plantation companies but metal processing industry in Indonesia. Their margins will likely under bigger pressure in the second quarter onwards....
May 11, 2026 | Industries, Market
Citra Tubindo (CTBN), producer of pipe for oil and gas operations (oil country tubular goods/OCTG), suffered 80% fall of sales revenues in the first quarter of 2026 due to lower purchase from both domestic and overseas oil and gas companies. Export sales fell sharply...