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. 

Shares of Bank Mayapada (MAYA), majority owned by the family of Dato Tahir, opened flat at Rp188 this morning to make a market capitalization of Rp4.87 trillion, not even one third of the bank’s equity (Rp16.99 trillion by June 30, 2025). The bank is the worst performing in the category of bank with total assets more than Rp100 trillion. 

The Australian government has embraced a bold fiscal strategy to boost its video game industry, offering a Digital Games Tax Offset (DGTO) of 30 percent for eligible development expenditure, with a minimum spend threshold of AUD 500,000 and an annual cap of AUD 20 million per corporate group. Several states have added top-up incentives of up to 10–15 percent.

Indonesia’s newly proposed sovereign AI fund, to be managed by Danantara Indonesia, could represent one of the boldest economic bets of the Prabowo administration. The 179-page national AI white paper envisions a launch between 2027 and 2029, structured as a public–private partnership with Danantara acting as the anchor investor. The ultimate goal is to position Indonesia as a regional hub for artificial intelligence development, drawing in global tech giants while building domestic capacity.

Shares of pharmaceutical company PT Tempo Scan Pacific Tbk (TSPC), controlled by the family of Handojo Muljadi, ended flat at Rp2,160 on Monday (Aug 11) to make a market capitalization of Rp9.74 trillion, slightly above equity (Rp9.44 trillion as at June 30, 2025).