Other than Riza Chalid, said godfather of oil trading in Indonesia, some big names have been mentioned as beneficiary owners of the crime implicated PT Pertamina Patra Niaga (PPN), subsidiary of state oil and gas company Pertamina. 

Shares of Diamond Food Indonesia (DMND) and Cisarua Mountain Dairy (CMRY)/Cimory, both involved in dairy and meat processing/distribution, opened slightly higher this morning. While their business size is somewhat similar, Diamond is only less than one-sixth of Cimory. Why?

Temporary suspension of mining activities in the Grasberg Block Cave (GBC) due to the mud rush incident in Papua will have significant impact to Indonesian economy in the coming quarters just when the government expecting faster economic growth in the fourth quarter onwards.

Shares of MNC Tourism Indonesia (KPIG), a company controlled by Harry Tanoesoedibjo and partner of Trump Organization in some hospitality investments, ended lower by 1.23% Tuesday (Oct 14) when international media published ‘hot mic’ conversation between US President Trump and Indonesian president Prabowo Subianto during the Gaza Peace Summit.

Atlanta-based food & beverages franchise giant Inspire Brands and PT Diamond Donuts Internasional (DDI) recently signed exclusive master franchise for Dunkin Donuts in Indonesia. DDI replaces PT Dunkindo Lestari, which managed the famous donuts chain for the past four decades.

Agrinas is a state-owned enterprise to watch because of its involvement in lot more business activities under Prabowo administration. The most recent, Agrinas and the military (TNI) will be ‘hired’ to build outlets and warehouses for over 80,000 cooperatives across the archipelago. 

When Roblox released its 2025 Economic Impact Report this week, headlines quickly celebrated a new milestone: Indonesia’s local creators on the platform had contributed US$8.2 million (Rp126.7 billion) to the national GDP between 2019 and 2024, growing at an astonishing compound annual rate of 307 percent.

When PT Adhi Karya Tbk (ADHI) and its partners inked the Rp 12.35 trillion concession for the Bogor–Serpong via Parung toll road, it was hailed as another milestone in Indonesia’s infrastructure drive. The 32-kilometer link, crossing West Java and Banten, promises to ease congestion, shorten logistics routes, and extend the metropolitan reach of Jakarta. Can the project’s economics truly hold up for forty years?

Minister of cooperative affairs Ferry Juliantono, a politician from Gerindra Party, has submitted draft for a presidential instruction (Inpres) to speed up construction of outlets and warehouses of the Red-and-White Village Cooperative (KDMP). 

Shares of PT Petrindo Jaya Kreasi Tbk (CUAN) advanced 11.93% to Rp2,720 Monday (Oct 13) following disclosure about acquisition of 90% shares in PT Guna Dharma Integra (GDI), which plans to build US$600 MW power plant in East Halmahera, North Maluku province.