PT Sarana Menara Nusantara Tbk (TOWR), PT Dayamitra Telekomunikasi Tbk (MTEL), and PT Tower Bersama Infrastructure Tbk (TBIG), three of the largest operators of telecommunication tower in the country, spent substantially smaller cash for new investments in the first half of 2025.

Agus Harimurti Yudhoyono, coordinating minister for infrastructure, told the press Wednesday (Aug 13) that he has been specifically tasked by President Prabowo Subianto to speed up the development of Bandung-Surabaya high-speed train. 

Indonesia’s ongoing battle against spam and scam messages has found a new ally in an unexpected place: India. Tanla Platforms, through its wholly owned subsidiary PT Karix Communications Indonesia, has entered into a multi-year partnership with Indosat Ooredoo Hutchison to deploy an AI-powered anti-spam and anti-scam solution.

Shares of GOTO Gojek Tokopedia ended lower by 1.54% to Rp64 Wednesday (Aug 13) despite improvement of operations and financials in the second quarter.

Both Mitra Keluarga (MIKA) and Hermina Hospital (HEAL) reported sales revenues below the government’s claimed GDP growth in the first half of 2025. While Mitra Keluarga grew investments by 10%, Hermina cut significantly by 27% in the period. 

So, Kookmin Bank has officially changed the name of Bank KB Bukopin (BBKP) into Bank KB Indonesia, as part of the bank’s efforts to turn around the company, which was rocked by huge non-performing loans (NPL). 

The sudden resignation of Joao Angelo De Sousa Mota as President Director of PT Agrinas Pangan Nusantara raises uncomfortable questions. Agrinas, tasked with boosting national food security, has been under the Danantara umbrella for only a few months. Joao lasted just half a year before calling the decision-making process “tedious, convoluted, and unfocused.”

Property developer PT Indonesian Paradise Property (INPP) has recently signed a memorandum of understanding (MoU) with Club Med to develop a portfolio of new upscale all-inclusive resorts across Indonesia, supporting the Indonesian tourism by attracting domestic and international visitors. 

Association of workers union and some economists are questioning job market data provided by the government and the Central Bureau of Statistics (BPS). They believe the claims are pretty much not reflecting reality in the grounds. 

PT Gunbuster Nickel Industry (GNI), subsidiary of Jiangsu Delong Nickel, has shutdown most of its nickel smelters since early 2024. Sovereign wealth fund Danantara is now expected to acquire and bailout the company.