Nickel Mines sets to acquire a 70 percent stake in the Oracle Nickel project in Indonesia in a $525 million deal as part of the attempt to be among the top ten nickel producers in the world.
PT Pertamina seeks to cut 81.4 million tons of carbon emissions by 2060 as Indonesia's national energy company has prepared numerous strategies.
As of December 7, Indonesia’s COVID-19 tally in the last 24 hours increased by 261 to 4,258,076 cases.
Acquisitions are still rampant towards the end of the year like Artotel Group did with Dafam Hotel Management and UOB Singapore with Citibank Indonesia's assets.
Efforts to seek victims of Mount Semeru eruption in Lumajang Regency, East Java, continue. The death tolls have increased to 34 people by December 7 at 12.00 p.m.
The House of Representatives has ratified the Bill on the Central-Regional Fiscal Relations (RUU HKPD) into law. A number of regional powers to collect taxes are revoked.
WeLab Ltd, a financial technology company owned by Sequoia Capital and billionaire Li Ka-Shing reportedly acquired a 24 percent stake in PT Bank Jasa Jakarta. It plans to launch a digital bank in the second half of 2022.
The Indonesian government reshuffled PT Perusahaan Listrik Negara's (PLN) board of directors, a day after appointing Darmawan Prasodjo as President Director. One of the new directors is Darmawan's colleague at the Presidential Staff Office.
Prosecutors are seeking the death penalty for Heru Hidayat, a defendant in PT Asuransi Angkatan Bersenjata Indonesia (Asabri) case. Such a charge is the first in a graft case.
The Financial Services Authority (OJK) finally issued the long-awaited regulation stipulating the classification of multiple voting shares.