Archive: 30 June 2026
Showing 201-250 of 1,554 articles
Tue, 30 Jun 2026, 20:45 WIB
Shop More Affordably at Blibli with Various Special BRIDAY Promotions
Bank Rakyat Indonesia (BRI) has partnered with e-commerce platform Blibli to offer a special BRIDAY promotion from 28 June to 4 July 2026. The programme provides discounts of up to Rp5 million for both BRI credit and debit cardholders across various product categories, including gadgets, electronics, and daily necessities. The initiative aims to reward loyal digital banking customers by making online shopping more affordable and efficient.
Tue, 30 Jun 2026, 20:45 WIB
Undana Medical Alumni Urge Police to Thoroughly Investigate Doctor Icha's Death, Request Independent Team from National Police Chief
Alumni of Nusa Cendana University's Faculty of Medicine are demanding a transparent and independent investigation into the death of Dr. Eliza Princila Utami Pakaenoni, known as Doctor Icha. They have called on the National Police Chief to form a special independent team and urged the examination of three local parliament members suspected of intimidation. The alumni also requested the Regional House of Representatives' ethics council to process the alleged ethical violations and for political parties to dismiss the members if they are found guilty.
Tue, 30 Jun 2026, 20:44 WIB
Plummeting US Fuel Prices Could Trigger a Host of New Problems
A sharp decline in US petrol prices is providing relief to motorists but economists warn it may create new economic challenges. Cheaper fuel risks unleashing pent-up demand that could reignite inflation and force the Federal Reserve to raise interest rates. The drop also threatens to stall investment in domestic oil production and slow the transition to electric vehicles.
Tue, 30 Jun 2026, 20:43 WIB
Danantara: Merger of 7 state logistics firms aims for transformation and efficiency
The merger of seven state-owned logistics enterprises is a strategic move by Danantara to reduce fragmentation and eliminate service overlaps. The consolidation seeks to build an integrated end-to-end ecosystem, enhance operational scale, and strengthen national logistics competitiveness. The initiative is part of a broader portfolio transformation to support Indonesia's long-term development plan and aims to lower logistics costs, which remain above the ASEAN average.
Tue, 30 Jun 2026, 20:43 WIB
Two Regional Police Chiefs Now Hold Three-Star General Rank: West Java and Metro Jaya
West Java Police Chief Rudi Setiawan has been promoted to the rank of Commissioner General (Komjen), making him a three-star general. This promotion means two regional police forces, West Java and Metro Jaya, are now led by three-star generals. The National Police Chief presided over the ceremony, which saw a total of 41,578 personnel promoted across all ranks.
Tue, 30 Jun 2026, 20:42 WIB
Prabowo to Serve as Ceremony Inspector for 80th Bhayangkara Day at Brimob Training Centre
President Prabowo Subianto is scheduled to lead the 80th Bhayangkara Day ceremony at the Police Mobile Brigade training centre in Cikeas, Bogor, on 1 July 2026. The Indonesian National Police selected the training facility to symbolise the importance of character building and human resource development in modern policing. The event will also feature a defence equipment expo showcasing domestic products and involve around 9,000 participants from the police, military, and community.
Tue, 30 Jun 2026, 20:42 WIB
Sarolangun Police Reforest Former Illegal Gold Mine with 'Trees of Life' for Bhayangkara Day
The Sarolangun Resort Police in Jambi have planted hundreds of trees on a barren former illegal gold mining site in Limun District to mark the 80th Bhayangkara Day. The initiative, led by Police Chief Wendi Oktariansyah in collaboration with the local Housing and Environment Agency, aims to restore the degraded landscape and mitigate flood risks. Local officials welcomed the programme as a long-term investment in the community's environmental future.
Tue, 30 Jun 2026, 20:42 WIB
Iran and US Agree on Political Communication Channel, Military Contact Still Off the Table
Iran has confirmed the establishment of a political communication channel with the United States following intensive talks in Switzerland, though direct military-to-military contact remains absent. The diplomatic breakthrough, mediated by Qatar and Pakistan, aims to de-escalate tensions and builds upon a prior electronic memorandum of understanding. Tehran emphasised that the current arrangement is strictly between political institutions, with the Iranian Foreign Ministry and its American counterpart as the designated points of contact.
Tue, 30 Jun 2026, 20:41 WIB
Agriculture Ministry backs firms to boost food-grade corn seed production
Indonesia's Agriculture Ministry is supporting seed companies to expand production of food-grade corn seeds to meet domestic demand and slash import reliance. Food-grade corn imports have fallen from 1.4 million tonnes to around 800,000 tonnes, but domestic production still only covers about 30 per cent of national needs. The government is coordinating with producers and testing bodies to raise standards and supply, particularly from dominant seed-producing regions like East Java.
Tue, 30 Jun 2026, 20:40 WIB
Project Costs Could Rise 30%, Public Works Ministry Reveals Cause
Indonesia's Ministry of Public Works has indicated that government construction project costs could increase by 10% to 30% due to rising material prices. The ministry is currently gathering data before submitting it to the National Public Procurement Agency (LKPP) for a national policy decision on contract adjustments. Any potential contract value adjustments will also depend on the availability of the state budget.
Tue, 30 Jun 2026, 20:39 WIB
World's First Autonomous Mining Company IPO Attracts Top Investors Including Fidelity, J.P. Morgan, and Barings
EACON Group, the world's largest provider of autonomous vehicle solutions for mining, has launched its initial public offering on the Hong Kong Stock Exchange, aiming to raise up to HK$2.30 billion. The company has secured commitments from 11 cornerstone investors, including global heavyweights Fidelity International, J.P. Morgan Asset Management, and Barings, covering approximately 50% of the total share offer. EACON currently dominates the Chinese market with a 55.5% share and operates the world's largest fleet of over 2,500 autonomous mining trucks across 30 sites.
Tue, 30 Jun 2026, 20:38 WIB
118 Illegal Street Vendor Stalls on Angke Riverbank in Kemang Demolished
The Bogor Regency Government has demolished 118 illegal street vendor stalls along the Angke Riverbank in Kemang District as part of flood mitigation efforts. The operation, conducted over five days, targeted unlicensed structures built on state land, irrigation channels, and road reserves. Authorities aim to restore water flow and reduce flood risk in the area through this clearance.
Tue, 30 Jun 2026, 20:37 WIB
BRIDAY Special Promo: Shop for Your Needs on Blibli and Save More
Bank Rakyat Indonesia (BRI) has launched a special BRIDAY promotion in collaboration with e-commerce platform Blibli, running from 28 June to 4 July 2026. The programme offers BRI credit and debit cardholders discounts of up to Rp 5 million across various product categories, including gadgets, electronics, and groceries. The initiative aims to provide added value and reward customer loyalty by facilitating more affordable digital transactions.
Tue, 30 Jun 2026, 20:37 WIB
BPKP Tasked by President to Oversee Implementation of 3 Million Homes Programme
The Indonesian President has mandated the Development Finance Comptroller (BPKP) to supervise and provide guidance for the 3 million homes programme. The agency aims to ensure the initiative is well-governed, transparent, and free from irregularities, with a particular focus on accurately targeting low-income communities and informal workers. The government has also received a 30-hectare land grant in Meikarta, Cikarang, to accelerate the construction of subsidised vertical housing.
Tue, 30 Jun 2026, 20:36 WIB
Family Bakso Malang Business Survives 20 Years, Expands to Six Carts with Help from BRI's KUR
A family-run bakso Malang business in South Jakarta has thrived for over two decades, growing from a single cart to a fleet of six. The venture, started by a migrant from Jombang with just Rp 1.5 million, now supports the family's livelihood and education. A recent Rp 40 million loan from Bank BRI's Kredit Usaha Rakyat (KUR) programme has helped stabilise the business after the pandemic.
Tue, 30 Jun 2026, 20:36 WIB
Certain Proteins May Harm the Brain but Could Help Form Memories
New research suggests that amyloid proteins, typically associated with neurodegenerative diseases like Alzheimer's, may also play a crucial role in forming long-term memories. Scientists at the Stowers Institute identified a chaperone protein in fruit flies, named Funes, that regulates the formation of functional amyloids in response to experiences. The findings could offer new insights into mental disorders where perception of the world is disrupted, such as schizophrenia and bipolar disorder.
Tue, 30 Jun 2026, 20:35 WIB
Survey: Household Income and Education Levels Rise in Singapore
A new official survey reveals that Singapore's population has become more educated and affluent between 2020 and 2025, with median household income and home ownership rates rising. However, the data also highlights a growing trend of singlehood among young adults, even as married couples with children remain the most common household type.
Tue, 30 Jun 2026, 20:34 WIB
Alleged Extortion of Contractor by Medan Prosecutor: Supervisory Body Re-examines Witnesses
The Attorney General's Office supervisory division has re-examined several witnesses in the case of alleged extortion involving the Medan District Prosecutor and a colleague. The examination, lasting eight hours, reportedly corroborated previous testimonies and uncovered new evidence. The case centres on allegations that the prosecutors demanded money from a contractor involved in school renovation projects.
Tue, 30 Jun 2026, 20:34 WIB
Judge Orders Nadiem Makarim Returned to Detention Centre
Former Education Minister Nadiem Anwar Makarim has been sentenced to 10 years in prison for corruption related to the procurement of Chromebooks and Chrome Device Management. The presiding judge at the Central Jakarta Corruption Court ordered his return to a state detention centre, revoking his house arrest status. Makarim was also fined Rp 1 billion and ordered to pay Rp 809 billion in restitution.
Tue, 30 Jun 2026, 20:33 WIB
Police seize 18 tons of illegal cyanide bound for unlicensed mines
Indonesian police have confiscated 18 tons of sodium cyanide, suspected to have been illegally imported from China, in raids across Bekasi and West Jakarta. The chemical, valued at Rp 14.5 billion, was allegedly destined for wildcat gold mining operations in the country. Two suspects have been named and face charges under the Trade and Consumer Protection Laws, highlighting ongoing concerns over environmental damage and public health risks from unregulated mining practices.
Tue, 30 Jun 2026, 20:32 WIB
Bank Jakarta Opts for Quality Growth Amid Rising Interest Rates
Bank Jakarta is prioritising healthy, quality growth over aggressive expansion as the banking industry faces rising cost of funds. The bank's president director noted deposit auction rates have reached 11.5 percent, signalling significant future increases in funding costs. The lender plans to diversify funding sources, including leveraging the DKI Jakarta provincial government ecosystem, while maintaining strong asset quality.
Tue, 30 Jun 2026, 20:32 WIB
Partnering with Sari Roti, Social Affairs Ministry Empowers 417 Beneficiary Families as Mobile Bread Sellers
Indonesia's Ministry of Social Affairs has partnered with PT Sari Roti to launch an empowerment programme for 417 beneficiaries of the Family Hope Programme (PKH) in Central Java and Yogyakarta. The initiative provides participants with assets such as bicycles or motorcycle boxes, training, and a commission-based income to sell Sari Roti products. The programme aims to transition social assistance recipients towards financial independence, with pathways also available for recruitment as sales executives or support for small-scale food enterprises.
Tue, 30 Jun 2026, 20:31 WIB
South Sulawesi People's Schools Reach 80 Percent Completion, Social Agency Accelerates Student Recruitment
Construction of nine permanent People's Schools in South Sulawesi has reached between 74 and 88 percent completion as of June 2026, on track for the end-of-June deadline. The provincial Social Agency is simultaneously finalising the outreach and recruitment of prospective students for the 2026-2027 academic year. Each school will accommodate a quota of 90 pupils across elementary, junior high, and senior high school levels.
Tue, 30 Jun 2026, 20:31 WIB
Kukar DPRD Chief Urges Immediate Action on BPK Audit Recommendations
The Chairman of the Kutai Kartanegara (Kukar) Regional House of Representatives has urged the local government to swiftly implement all recommendations from the Supreme Audit Agency's (BPK) report, particularly regarding the recovery of excess payments. The regional secretary confirmed that a special team will handle the repayment of billions of rupiah in honorarium payments within the Education and Culture Office, with a 90-day deadline to resolve the findings. The DPRD has also apologised to the public and pledged to strengthen its oversight function to prevent future financial mismanagement.
Tue, 30 Jun 2026, 20:30 WIB
Vietnam to fine social media users spreading hoaxes starting 1 July
Vietnam will impose fines of up to 50 million dong on social media users who disseminate false or distorted information, according to a new government decree. The regulation, effective 1 July 2026, also targets content that undermines state institutions, leaks state secrets, or incites discrimination. The penalties aim to curb online misinformation and protect national unity and individual reputations.
Tue, 30 Jun 2026, 20:30 WIB
Culture Ministry urges NTB local governments to enact regulations fulfilling indigenous rights
The Ministry of Culture is pressing district administrations in West Nusa Tenggara to issue local regulations that formally recognise and protect indigenous communities. The initiative, coordinated with the Ministry of Home Affairs, aims to secure cultural rights, customary forests, and traditional education through non-litigation advocacy. The ministry emphasises that strengthening indigenous youth and cross-ministerial collaboration are key to resolving long-standing territorial and customary issues.
Tue, 30 Jun 2026, 20:30 WIB
OJK Reveals 61 IPO Plans Still in Pipeline Worth Rp 52.38 Trillion
Indonesia's Financial Services Authority (OJK) has disclosed that 61 initial public offering plans remain in the pipeline, with a combined indicative value of Rp 52.38 trillion. Despite strong fundraising figures of Rp 81.09 trillion so far in 2026, the regulator cautioned that market confidence remains fragile. The OJK stressed that building trust across the entire capital market ecosystem is essential, particularly after the Jakarta Composite Index fell 31.81% year-to-date amid significant foreign outflows.
Tue, 30 Jun 2026, 20:30 WIB
Health Handling of Prospective Kopdes Merah Putih Managers Who Fell Ill During State Defence Training
The Ministry of Defence has revised the training programme for prospective managers of the Kopdes Merah Putih village cooperatives following the deaths of five participants, replacing the basic military training with a State Defence and Managerial programme. Medical procedures for participants who fall ill involve immediate treatment by medical personnel at the training unit's post, with referral to the nearest hospital for intensive care based on individual diagnosis. The revised curriculum reduces physical and military drills, focusing instead on discipline, character, leadership, and managerial readiness.
Tue, 30 Jun 2026, 20:29 WIB
Wiraraja Indonesia Signs Rp1.17 Trillion Deal with British Firm
PT Wiraraja Indonesia has formalised a joint venture agreement with the UK's Polythene UK Ltd, valued at £50 million or approximately Rp1.17 trillion. The deal, signed at the Indonesian Embassy in London, aims to boost investment and technology transfer in sustainable manufacturing. It represents a concrete outcome of the UK–Indonesia New Strategic Partnership.
Tue, 30 Jun 2026, 20:29 WIB
Bank Jakarta and IDX Unite to Drive Transformation and Quality Amid Economic Dynamics
Bank Jakarta and the Indonesia Stock Exchange (IDX) have emphasised the need for transformation and improved investor quality to navigate a shifting economic landscape. Bank Jakarta's president director highlighted that while banking fundamentals remain strong, the 'playing field' has changed, necessitating digitalisation and a focus on the DKI Jakarta government ecosystem. The IDX concurrently stressed that building a robust capital market requires enhancing investor literacy and transparency, rather than merely pursuing numerical growth.
Tue, 30 Jun 2026, 20:29 WIB
Yogyakarta Mayor Urges Youth to Achieve Financial Freedom Before 50
Yogyakarta Mayor Hasto Wardoyo has called on young people to target financial independence before the age of 50, framing it as essential preparation for the region's shift towards an ageing population. He stressed that career success now depends more on soft skills like communication and empathy than on academic qualifications alone.
Tue, 30 Jun 2026, 20:29 WIB
When Traditional Games Disappear, Local Culture Is Forgotten Too
The decline of traditional Indonesian children's games like gobak sodor and congklak signals a worrying break in cultural transmission, as digital entertainment and urbanisation replace communal play. These games are not merely pastimes but vital tools for teaching social values, cooperation, and local identity, aligning closely with social studies education. Experts argue that schools and communities must actively reintroduce these traditions to ensure cultural heritage is not lost to a generation more familiar with online characters than their own folklore.
Tue, 30 Jun 2026, 20:28 WIB
BPS confirms Economic Census in North Minahasa proceeding smoothly
Statistics Indonesia (BPS) has confirmed the 2026 Economic Census is progressing well in North Minahasa Regency, North Sulawesi. Deputy Chief Sonny Harry Budiutomo Harmadi stated that enumerators will visit every household, including those on remote islands, to ensure complete data collection. The Governor of North Sulawesi has urged residents to welcome the officers and provide accurate information, assuring them of data confidentiality.
Tue, 30 Jun 2026, 20:28 WIB
Pegadaian Praya Supports School Infrastructure and Introduces Early Gold Investment
PT Pegadaian's Praya branch has donated building materials for a new classroom at a foundation in Central Lombok as part of its corporate social responsibility programme. The state-owned pawnbroker also provided financial literacy education to parents, promoting gold investment products as a means of planning for future needs such as children's education. The initiative underscores the company's commitment to combining social contributions in education with efforts to improve community financial inclusion.
Tue, 30 Jun 2026, 20:28 WIB
Government Announces No Increase in Electricity Tariffs for Q3 2026
The Indonesian government has decided to keep electricity tariffs unchanged for the third quarter of 2026, despite economic parameters indicating a potential increase. Energy and Mineral Resources Minister Bahlil Lahadalia stated the decision aims to protect public purchasing power and support industrial competitiveness. The policy applies to both 13 non-subsidised customer groups and 24 subsidised groups, including households and small businesses.
Tue, 30 Jun 2026, 20:27 WIB
Social Affairs Minister Highlights Sutan Takdir Alisjahbana's Legacy in Modernising Indonesian Language
Social Affairs Minister Saifullah Yusuf has emphasised the crucial role of Sutan Takdir Alisjahbana in shaping modern Indonesia through language development. Speaking at a seminar proposing STA as a National Hero, Gus Ipul noted his contributions went beyond literature to forging a unified national identity. The event supports a formal proposal for the late scholar to receive the title in 2026.
Tue, 30 Jun 2026, 20:27 WIB
Data-Driven Environmental Management Key to Industrial Estate Competitiveness
The competitiveness of modern industrial estates increasingly hinges on robust, data-driven environmental governance rather than just infrastructure, according to stakeholders at a World Environment Day event in Gresik. The forum, held at the Java Integrated Industrial and Ports Estate (JIIPE), emphasised the need for long-term monitoring and collaboration between government, academia, and industry. JIIPE's management highlighted ongoing initiatives including mangrove rehabilitation and the development of an integrated waste processing facility to bolster its environmental credibility.
Tue, 30 Jun 2026, 20:27 WIB
Bhayangkara 80th Anniversary: Polri Expected to Become More Professional and Beloved by the Public
A member of Indonesia's House of Representatives Commission III has stated that the 80th anniversary of the National Police (Polri) should mark a strengthening of its commitment to serving, protecting, and safeguarding the public. The legislator emphasised that public trust is the institution's greatest asset and called for continued improvements in professionalism, transparency, and humanistic approaches. The anniversary comes amid ongoing institutional transformation efforts under the current police chief.
Tue, 30 Jun 2026, 20:25 WIB
Iran and US Agree on New Political Communication Channel
Iran and the United States have established a new political communication channel following talks in Switzerland, though no military-to-military link exists. The agreement, mediated by Qatar and Pakistan, comes after both nations signed a memorandum of understanding to end military conflict. The deal also outlines a schedule for the US to lift its naval blockade on Iranian ports and for Iran to restore shipping activity in the Strait of Hormuz.
Tue, 30 Jun 2026, 20:25 WIB
Mirae Asset Urges Investors to Strengthen Portfolios Through Diversification
Mirae Asset Sekuritas Indonesia advises investors to adopt disciplined and diversified portfolio strategies amid ongoing market volatility. The firm highlights the rapid growth of mutual fund investors in Indonesia, reaching 23.5 million in early 2026, but stresses the need for consistent investment habits. Mirae Asset recommends a core-satellite approach and regular rebalancing to manage risk and capture growth opportunities.
Tue, 30 Jun 2026, 20:25 WIB
Gotong Royong as the Nation's Identity: Is It Still Relevant?
Amidst rapid technological advancement and increasingly individualistic lifestyles, the traditional Indonesian value of 'gotong royong' (mutual cooperation) faces challenges to its relevance. The article argues that this spirit of helping and caring for one another remains a fundamental national strength, adapting to modern forms such as online fundraising and social volunteering. It calls on the younger generation to preserve this cultural identity by integrating technology with social solidarity to ensure the nation remains strong in character.
Tue, 30 Jun 2026, 20:25 WIB
KPK Arrests Wife of Kuansing Regent Suhardiman Amby in Sting Operation
The Corruption Eradication Commission (KPK) has detained Suci Nitia Edward, the wife of Kuantan Singingi Regent Suhardiman Amby, during a sting operation targeting alleged bribery in the appointment of a regional secretary. The regent himself remains at large, with the KPK urging him to surrender. A total of ten individuals were initially secured, with five, including the regent's wife, a civil servant, and three private sector figures, taken to Jakarta for further questioning.
Tue, 30 Jun 2026, 20:24 WIB
Bank Jakarta Director: Cybersecurity Optimisation Becomes Key Focus of Development Strategy
Bank Jakarta is prioritising cybersecurity optimisation as a central pillar of its digital development strategy to counter rising cyber threats. Director Agus H. Widodo stated that the bank is establishing dedicated functions to handle digital security, moving beyond mere business expansion. The move comes as the national banking industry faces a changing landscape, including pressure on the cost of funds, despite maintaining strong fundamentals.
Tue, 30 Jun 2026, 20:24 WIB
Ministry of Forestry and FSC Strengthen Cooperation on Sustainable Forest Management
Indonesia's Ministry of Forestry and the Forest Stewardship Council (FSC) have agreed to deepen collaboration aimed at promoting sustainable forest management. The partnership will focus on integrating Indonesia's SVLK timber legality system with FSC certification through joint audits, aiming to improve efficiency and market access. Officials stated the synergy will enhance forestry governance and provide greater economic benefits for stakeholders while supporting environmental goals.
Tue, 30 Jun 2026, 20:24 WIB
Comcast Sheds NBCUniversal: A Strategy to Unload Conglomerate Burden
Comcast has announced plans to spin off its NBCUniversal media unit, a move that sent its shares up over 4% and sparked market speculation about further consolidation. Analysts view the separation as a way to eliminate the 'conglomerate discount' that has weighed on Comcast's valuation compared to peers like Disney. The tax-free spin-off is expected to take a year, with any subsequent M&A activity likely delayed for at least two years due to regulatory constraints.
Tue, 30 Jun 2026, 20:24 WIB
Sorong City's Dream of Nurturing a Quranic Generation Through Musabaqah Tilawatil Qur'an
Sorong City has officially dispatched its contingent to the 2nd Southwest Papua Province-level Musabaqah Tilawatil Qur'an (MTQ), with officials emphasising the event's role in fostering a generation that loves and lives by the Quran. The city's leadership views the competition not merely as a contest for the best reciters, but as a strategic effort to build moral character and bring honour to the region. The government has pledged continued support for Quranic development programmes to ensure a sustainable pipeline of religious and accomplished youth.
Tue, 30 Jun 2026, 20:23 WIB
Deputy Manpower Minister Says Collective Labour Agreement a Solution to Accommodate All Parties
Deputy Manpower Minister Afriansyah Noor stated that the Collective Labour Agreement (PKB) is a reflection of healthy industrial relations, built through dialogue and mutual understanding between management and workers. He emphasised that the PKB goes beyond administrative formality, serving as a joint commitment to fair and adaptive working relationships. The agreement is expected to foster a productive work culture and strengthen company performance.
Tue, 30 Jun 2026, 20:22 WIB
When Children's Play Spaces Disappear
The disappearance of open spaces in Indonesian neighbourhoods is not just a loss of land, but a loss of crucial social learning environments for children. As traditional playgrounds are replaced by buildings and traffic, children increasingly turn to gadgets, missing out on vital face-to-face interactions that teach cooperation, rule-following, and conflict resolution. The article calls for a collective effort from parents, schools, communities, and local government to restore safe, accessible play areas to support children's social development.
Tue, 30 Jun 2026, 20:22 WIB
Man Arrested in Jembrana for Impersonating Social Services Officer and Misusing President Prabowo's Name
Police in Jembrana, Bali, have arrested a man for impersonating a social services officer and fraudulently using President Prabowo Subianto's name to solicit money from residents. The suspect allegedly offered fictitious aid packages worth Rp 125 million before demanding an upfront registration fee. Authorities are investigating the case further, suspecting the perpetrator may have other victims in the region.
Tue, 30 Jun 2026, 20:22 WIB
Seven State-Owned Logistics Enterprises Officially Merge, Here Is the List
Seven Indonesian state-owned enterprises in the logistics sector have officially merged into a single entity, with PT Multi Terminal Indonesia designated as the surviving company. The consolidation, initiated by Danantara Asset Management, aims to create a more integrated and efficient national logistics ecosystem. The merger is expected to eliminate service overlaps and significantly reduce operational costs.