# corporate news
Latest news group about corporate news.
Fore Coffee Raises $22M in IPO, Targets 600 Outlets by 2030
Fore Coffee jumps 34% in IDX debut after 200x oversubscribed IPO; plans 600 outlets nationwide to tap Indonesia’s tier-2 and 3 cities.Business Apr 14, 2025 | 6:02 pm
Manpower Minister to Meet Gojek, Grab Over Low Eid Bonus Payout
Manpower Minister Yassierli to meet Gojek, Grab over Eid bonus protests as drivers demand fairer payouts.Business Mar 27, 2025 | 8:46 pm
Chinese ERP Company Appoints Sumber Sinergi as Local Partner
This appointment is a strategic step for Kingdee in expanding its reach into the Indonesian market for digital solutions adoption.Tech Mar 25, 2025 | 11:37 am
Google to Buy Cybersecurity Firm Wiz for $32 Billion, Its Biggest Deal Ever
Google has agreed to acquire cybersecurity firm Wiz for $32 billion, marking the tech giant’s largest-ever acquisitionTech Mar 19, 2025 | 3:49 pm
Bayan Resources Shuts Down Australian Unit in Corporate Streamlining
Bayan Resources (BYAN) dissolves its Australian unit Kangaroo Minerals in a corporate restructuring move, assuring no impact on operations.Business Mar 19, 2025 | 1:46 pm
China’s Mixue Overtakes Starbucks and McDonald’s in Southeast Asia
Chinese F&B brands like Mixue are expanding across Southeast Asia, overtaking global chains with affordability and rapid growth.Business Mar 15, 2025 | 11:50 am
GoTo’s Losses Shrink 96 Percent in 2024 as Growth and Cost Cuts Pay Off
GoTo cut net losses by 96% in 2024, reporting record revenue and strong GTV growth, but full profitability remains out of reach.Business Mar 13, 2025 | 10:44 am
BCA Appoints Gregory Hendra Lembong as New President Director
BCA appoints Gregory Hendra Lembong as president director, with Jahja Setiaatmadja moving to chairman amid leadership changes.Business Mar 12, 2025 | 2:49 pm
Pharma Distributor Medela Potentia Seeks $49 Million in IPO, Eyes April Listing
Medela Potentia targets Rp 805B IPO, offering 3.5b shares at Rp 180-230. IDX listing set for April 15, with funds to boost subsidiary AAMBusiness Mar 12, 2025 | 11:30 am
Vietnam’s VinFast to Build Up to 100,000 EV Chargers in Indonesia
VinFast intends to establish between 30,000 and 100,000 charging stations across Indonesia in its initial phase.Business Mar 11, 2025 | 5:36 pm
Ride-Hailing Companies Split on Prabowo’s Eid Bonus Request
Gojek & Grab to give Eid incentives to drivers, while Maxim declines cash payments, citing legal grounds.Business Mar 10, 2025 | 7:25 pm
BBN Airlines Exits Indonesia’s Passenger Market, Shifts to Leasing Model
BBN Airlines exits Indonesia’s passenger market, shifting to aircraft leasing amid global fleet shortages.Business Mar 10, 2025 | 5:57 pm
Singapore-Backed Indonesia Airlines Seeks Market Entry
Indonesia Airlines, backed by Singapore’s Calypte Holding, plans to compete globally but awaits regulatory approval in Indonesia.Business Mar 10, 2025 | 5:07 pm
Pertamina: Independent Tests Confirm Fuel Meets Standards
Pertamina assures its fuel meets standards amid tampering claims, citing independent tests.Business Mar 5, 2025 | 3:26 pm
ABB: Indonesia May Miss Net Zero Goal, but Progress Matters More
ABB’s Anders Maltesen says Indonesia may not hit net zero by 2060, but steady progress and collaboration will ensure a sustainable future.Business Mar 5, 2025 | 2:12 pm
East Java Gas Stations Face Sales Drop Over Fuel Tampering Claims
Pertamina tests fuel at 957 gas stations in East Java after tampering claims. Lab results pending as sales drop due to consumer concernsBusiness Mar 4, 2025 | 2:10 pm
Jasa Marga’s 2024 Revenue Jumps 20 Pct on Strong Toll Earnings
Jasa Marga posts 20% revenue growth in 2024, hitting Rp18.73T, with core profit up 36% to Rp3.7T, driven by strong toll road earnings.Business Mar 4, 2025 | 10:16 am
Former Freeport Indonesia CEO Maroef Sjamsoeddin to Lead MIND ID
Erick Thohir appoints Maroef Sjamsoeddin as MIND ID’s new CEO, replacing Hendi Prio Santoso. Maroef previously led Freeport Indonesia.Business Mar 3, 2025 | 8:26 pm
Pertamina CEO Issues Public Apology Amid Graft and Fuel Blending Scandals
The probe into Pertamina’s fuel blending and illegal crude imports is shaping up to be one of the country’s biggest corruption cases.News Mar 3, 2025 | 2:13 pm
Erick Thohir to Transfer $909 Billion in SOE Assets to Danantara
Despite Danantara’s expanding role, he assured that his ministry will continue working to improve professionalism in SOE management.Business Mar 2, 2025 | 6:07 am
Most Popular
1
Trump’s Tariffs Could Trigger Mass Layoffs in Indonesia, INDEF Says
2
Najwa Shihab Mourns the Passing of Her Husband, Ibrahim Sjarief Assegaf
3
Indonesia Aims to Cut Poverty Rate Below 7.5 Pct by 2026
4
Indonesia’s State Revenue Falls 12% in Jan–Apr, Deficit Expected Ahead
5
Indonesia Maintains 5.2 Pct Growth Ambition Despite Q1 Slowdown, IMF Downgrade