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Jakarta Post
The Jakarta Post
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‘Shake-ups at state firms could hurt confidence’

  • Stefanno Reinard Sulaiman and Winny Tang

    The Jakarta Post

Jakarta | Fri, September 14 2018 | 12:46 am

PREMIUM Nothing is unusual about a change of leadership in an organization or a corporation, but such change, if made too frequently, could raise eyebrows.

In less than a month, three giant state-owned enterprises (SOEs) have each seen a reshuffle on the grounds that such moves were needed to help improve performance.

The three state companies are energy holding firm Pertamina, gas subholdin...

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