‘Shake-ups at state firms could hurt confidence’
Stefanno Reinard Sulaiman and Winny Tang
The Jakarta Post
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...