TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Business brief: Govt injects 3.5t into Waskita Karya
The government has injected Rp 3
Change Size
T
he government has injected Rp 3.5 trillion capital into state-run construction firm PT Waskita Karya that will help the company strengthen and improve its business and financial capacity.
The capital injection was signed off on by President Joko 'Jokowi' Widodo on June 3, kontan.co.id reported the Cabinet Secretariat's official website as saying.
The funds were sourced from the 2015 state budget, while the figure was determined by the finance minister based on the result of a new share issuance that was announced by the state-owned enterprises minister.
