US Military Prepared Long-Term Operation Against Iran if Ordered by Trump

US Military Prepared Long-Term Operation Against Iran if Ordered by Trump 
US military prepared contingency plans for sustained operations lasting weeks against Iran should President Donald Trump authorize strikes, signaling potential escalation beyond prior limited engagements, amid ongoing diplomatic talks scheduled in Geneva this week. Washington has deployed additional carrier groups, fighter jets, destroyers, and thousands of troops to Middle East, while officials acknowledged higher retaliation risk given Iran’s missile capabilities and regional proxy networks, raising probability of prolonged tit-for-tat exchanges that could destabilize broader region despite parallel diplomatic efforts. (Reuters)

Indonesia Targets 75 Mn Tons Coal DMO in 2026 
Energy and Mineral Resources Ministry, through Directorate General of Mineral and Coal, targets coal domestic market obligation (DMO) supply of 75 mn tons in 2026, primarily sourced from PKP2B Generation I holders and SOEs, with DMO portion set at 30% and coal price for PLN maintained at USD 70/ton. Authorities stated PKP2B Gen I contributes higher state take, comprising 19% royalty and 10% net profit sharing, while RKAB for SOE IUP holders is approved at 100%, requiring upfront DMO allocation to secure electricity supply. Govt. will also gradually collect additional DMO volumes from non-PKP2B and non-SOE miners to ensure national coal availability for power generation. (Kontan) 

Danantara to Tender 12 Waste-to-Energy (WtE) Projects in Batch II 
BPI Danantara will launch batch II tender for 12 WtE projects after completing evaluation of batch I covering four cities, with winner announcement targeted by Mar-26. Batch I includes Bali, Bogor, Bekasi, and Yogyakarta, while five companies, predominantly from China, were shortlisted from 24 bidders. The initiative forms part of national waste management and energy diversification strategy, with technical, financial, and technology assessments ongoing. (Kontan) 

Government Mandated 58.03% of 2026 Village Fund for Village Cooperative Program 
Finance Minister Purbaya Yudhi Sadewa issued PMK No.7/2026 requiring 58.03% of 2026 Village Fund allocation, equivalent to IDR 34.57 tn out of total IDR 60.57 tn ceiling, to support Koperasi Desa dan Kelurahan Merah Putih (KDMP), while remaining c.IDR 25 tn will serve as regular allocation for other village priorities. Fund disbursement for KDMP will be separated from regular ceiling and transferred from RKUN based on KPA BUN recommendation, with realization requiring ministerial decree before fiscal year-end. Govt. also set IDR 1 tn incentive ceiling for villages demonstrating strong KDMP formation and business performance, prioritizing rural strategic areas and fiscal capacity to finance physical outlets, warehousing, and supporting facilities. (Kontan)

Astra Otoparts (AUTO) Began Philippines Operations, Strengthened Innovation Drive 
AUTO commenced initial shipment of automotive components to Honda Philippines in late Jan-26 through its subsidiaries, marking start of manufacturing operations in Philippines and reinforcing regional supply chain presence in Asia. The co. also held AOP Exhibition on 09–10 Feb-26 involving 37 subsidiaries, highlighting cost efficiency, digitalization, Industry 4.0 adoption, and ESG integration under “3D for D” theme to enhance operational excellence and long-term competitiveness. (Kontan) 

Bumi Resources Minerals (BRMS) Clarified Palu Gold Mine Sealing, Says Core Operations Unaffected 
BRMS responded to reports about the alleged sealing of its gold mining concession in Palu, Sulawesi Tengah, clarifying that a Government Forest Task Force (Satgas PKH) only sealed a specific area linked to unauthorized land clearing by illegal miners within the contract area managed by its subsidiary PT Citra Palu Minerals (CPM). The company emphasized that this sealed portion had not been mined or operated by CPM and confirmed that the main River Reef gold mining operations continue normally, while CPM is also upgrading processing capacity and preparing underground mining activities to support future production growth. (Kontan) 

Dharma Polimetal (DRMA) Develops BESS and Fast Charging to Strengthen EV Ecosystem 
DRMA developed high-local-content fast charging stations and introduced an integrated Battery Energy Storage System (BESS) at IIMS 2026 to support national EV ecosystem and TKDN policy. The initiative complements two-wheeler ICE-to-EV conversion services under DC Cross platform, aligning with govt. decarbonization agenda and domestic supply chain strengthening. DRMA targets IDR 6 tn sales in 2025, supported by stable two- and four-wheel segments alongside expanding EV and non-automotive contributions. (Kontan) 

Wijaya Karya (WIKA) Secured IDR 724 bn in New Contracts as of Jan-26 
WIKA booked IDR 724 bn in new contracts in Jan-26, driven by contributions across multiple business lines including subsidiaries, with management emphasizing a focus on projects that apply monthly progress payment schemes to support cash flow sustainability. The co. is also prioritizing operational performance, governance improvement, and digitalization ahead of the planned state-owned construction merger in mid-2026, while awaiting further details on the govt.'s proposed debt resolution scheme related to the KCIC high-speed rail project. (Kontan)

Pertamina Geothermal Energy (PGEO) Prepared USD 209 mn Capex to Accelerate Growth 
PGEO has allocated USD 209.3 mn in 2026 capital expenditure—nearly double last year’s realization—to support a 3.14% YoY increase in electricity production to 5,255 GWh, with electricity sales projected to rise 6.8% YoY despite a slight dip in steam sales. Analysts view PGEO as strategically positioned to benefit from Indonesia’s renewable energy transition given its baseload geothermal profile, clear expansion pipeline targeting 1 GW capacity by 2028, projected EBITDA of US$484 mn and net profit of US$201 mn by 2028, alongside a solid balance sheet that provides ample room for further growth. (Kontan) 

Pertamina Geothermal Energy (PGEO) Targeted Green Hydrogen Pilot Operation in 3Q26 
PGEO aims to commence operations of its Ulubelu green hydrogen pilot project in the third quarter of 2026 with a production capacity of 80–100 kgs per day, utilizing geothermal energy combined with energy-efficient electrolysis technology. The project is designed as a production, learning, and commercial testing hub to build an end-to-end green hydrogen ecosystem, with output to be distributed to Pertamina’s fuel terminals as part of broader decarbonization efforts, while future expansion may include downstream products such as green methanol and green ammonia in line with Indonesia’s Net Zero 2060 roadmap, despite ongoing regulatory and incentive challenges. (Kontan) 

Pelayaran Nasional Ekalya Purnamasari (ELPI) Planned Rights Issue of Up to 2.03 bn New Shares 
ELPI will seek shareholder approval at its extraordinary general meeting on 09-Mar-26 to conduct a rights issue by issuing up to 2.03 bn new shares, representing 27.39% of post-issue paid-up capital, aimed at strengthening capital structure and supporting expansion, diversification, capital expenditure, and working capital needs. The co. will submit a registration statement to the Financial Services Authority (OJK) following approval, with the execution timeline set within 12 months in accordance with prevailing regulations. (Kontan) 

Bukalapak (BUKA) Clarified Buyback Fund Adjustments and Affiliate Involvement 
BUKA issued an official clarification to the Indonesia Stock Exchange regarding the reconciliation of funds used in its share buyback program and confirmed that the verification process with its securities broker has identified adjustments to the reported buyback amounts. Management also stressed that during the execution of the buyback up to Phase III, no affiliated parties were involved in the transactions, which were conducted entirely through the market mechanism, and reiterated plans to continue utilizing the remaining buyback authorization under applicable regulations. (Bisnis.com)