Indonesia Cabinet Reshuffle Appointed Six Officials on 27 Apr-26

Indonesia Cabinet Reshuffle Appointed Six Officials on 27 Apr-26

President Prabowo Subianto appointed six officials in a cabinet reshuffle on 27 Apr-26 at the State Palace, Jakarta. The appointments include Jumhur Hidayat as Minister of Environment and Head of Environmental Control Agency, Hanif Faisol Nurofiq as Deputy Coordinating Minister for Food, Dudung Abdurachman as Head of Presidential Staff Office, Hasan Nasbi as Presidential Special Advisor for Communication, Abdul Kadir Karding as Head of National Quarantine Agency, and Muhammad Qodari as Head of Government Communication Agency. (Kompas)

Ministry of Finance Issued New Regulation on State Receivables Management on 21 Apr-26

The Ministry of Finance issued PMK No. 23/2026 on 21 Apr-26, introducing new rules on state receivables management, including allowing seized assets to be directly controlled and utilized by the govt. before sale or ownership transfer. The regulation permits PUPN to utilize seized assets in cooperation with third parties without debtor approval, with proceeds used to reduce outstanding debt. The policy also enables ministries or agencies to use seized assets for up to two years for public purposes, subject to approval and administrative requirements. (Bloomberg Technoz)

AKR Corporindo (AKRA) Distributed Final Dividend of IDR 50/sh

AKRA distributed FY25 final dividend of IDR 50/sh (Div.yield: 3.2%), following interim dividend of IDR 50/sh paid in Aug-25, bringing total dividends to IDR 100/sh or IDR 1.98 tn (80.08% payout ratio), reflecting net profit of IDR 2.47 tn. The BoD and BoC approved the dividend on 27 Apr-26. The co. also announced that Suresh Vembu will step down as director effective 30 Jun-26 as part of management transition. (Kontan)

Bumi Resources (BUMI) Planned Acquisition of Loyal Metals for AUD 79.1 mn

BUMI planned to acquire 100% stake in Loyal Metals Ltd. for AUD 79.1 mn (around IDR 977 bn), as part of its overseas expansion into Australia. The transaction will be executed via Scheme Implementation Deed at AUD 0.45/sh and is targeted to complete in Aug-26, subject to shareholder approval and other conditions. The acquisition provides exposure to gold, copper, and lithium assets, supporting BUMI’s diversification strategy. (Emitennews)