Luxeed Stormax Set to Conquer the Indonesian Electric Vehicle Market in 2027 with Supercar-Inspired Styling and Cutting-Edge Performance

The Indonesian electric vehicle ecosystem is poised for a significant transformation following the official confirmation that Chinese luxury EV brand Luxeed will debut in the archipelago next year. Spearheading this…

Sony Withdraws from the Standalone 4K UHD Blu-ray Market in Japan, Leaving PlayStation 5 as Its Only Disc-Based Player

The landscape of physical home entertainment media is undergoing another significant contraction as technology giant Sony reportedly winds down the distribution and production of its final standalone Ultra HD Blu-ray…

Jakarta Confronts MSCI Downgrade Threat with Sweeping Stock Market Law Enforcement

The Indonesian government has responded robustly to mounting concerns raised by institutional investors and global index provider Morgan Stanley Capital International (MSCI) regarding regulatory oversight and law enforcement within the…

IHSG Plunges 1.33% to 5,863.78 as Massive Sell-Off Triggers Broad Market Correction Despite Foreign Inflows

Jakarta, CNBC Indonesia — The Jakarta Composite Index, known locally as Indeks Harga Saham Gabungan (IHSG), experienced a sharp and significant downturn during Thursday’s trading session on October 15, 2026,…

Malaysia Adjusts Fuel Prices Downward for Mid-October 2026 Amid Ongoing Subsidy Reforms and Market Dynamics

Kuala Lumpur — The Malaysian Ministry of Finance has officially released its retail fuel price adjustments for the upcoming weekly cycle, covering the period from October 15 to October 21,…

DANZA New D9 Officially Launches in Indonesia: Redefining the Luxury MPV Market with Advanced Comfort and State-of-the-Art Technology

The Indonesian luxury multi-purpose vehicle (MPV) segment has entered a new era of sophistication with the official market introduction of the DANZA New D9 by global electric vehicle leader BYD.…

BYD Motor Indonesia Signals Arrival of Compact Electric SUV Atto 2 to Target Expanding Southeast Asian EV Market

Jakarta – The automotive landscape in Indonesia is poised for another significant shift as Chinese electric vehicle (EV) giant BYD prepares to expand its footprint in the archipelago. BYD Motor…

PT Bumi Resources Tbk Responds to Market Rumors Regarding Potential Acquisition of Indika Energy Coal Unit Kideco

Jakarta, CNBC Indonesia — PT Bumi Resources Tbk (BUMI), one of Indonesia’s largest coal mining conglomerates, has officially addressed inquiries from the Indonesia Stock Exchange (IDX) concerning widespread media reports…

Impact of Skyrocketing Diesel Fuel Prices on Indonesia Automotive Market and SUV Sales in September 2026

The Indonesian automotive sector is navigating a complex economic landscape as persistently high diesel fuel prices reshape consumer purchasing behavior and operational costs for vehicle owners nationwide. With high-grade diesel…

BYD Atto 1 Accelerates to Claim Best-Selling Car Title in Indonesia Amid a Slight Market Contraction in September 2026

The Indonesian automotive market experienced a slight cooling period in September 2026, yet the transition toward vehicle electrification continued to gather remarkable momentum. According to the latest retail and wholesale…

Shell Indonesia Officially Transfers Retail Fuel Business to Isla Energy Amid Persistent Stock Shortages and Strategic Market Realignment

Jakarta — The landscape of Indonesia’s downstream petroleum retail sector is undergoing a significant structural transformation as PT Shell Indonesia officially confirms the agreement to divest and transfer its entire…