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Restructured Pertamina targets revenue of $93 billion in 2024
Business 4 years ago

PREMIUM
Restructured Pertamina targets revenue of $93 billion in 2024

Major restructuring completed recently at Pertamina is expected to help the state-owned energy giant...
Krakatau Steel forms construction supplies subholding
Business 4 years ago

PREMIUM
Krakatau Steel forms construction supplies subholding

The state-owned steelmaker hopes the establishment of Krakatau Baja Konstruksi will improve competit...
Staple food holding firm still far from boosting investment: Experts
Business 4 years ago

PREMIUM
Staple food holding firm still far from boosting investment: Experts

Experts say the government’s ability to create a competitive holding company would determine w...
SOEs’ financial losses hurt overall economy
Business 4 years ago

PREMIUM
SOEs’ financial losses hurt overall economy

With profits at state-owned enterprises falling drastically in 2020, the Indonesian government lost ...
Indonesia strengthens vaccine cooperation with UK and Switzerland
World 5 years ago

Indonesia strengthens vaccine cooperation with UK and Switzerland

Foreign Minister Retno LP Marsudi and State-owned Enterprises Minister Erick Thohir visited the Unit...
South Korean footwear manufacturer Sejin to relocate from China to Indonesia
Business 5 years ago

South Korean footwear manufacturer Sejin to relocate from China to Indonesia

Garment company PT Sejin Fashion Indonesia, a subsidiary of South Korean footwear manufacturer Parkl...
State-owned INTI pays salaries in installments amid financial trouble
Business 5 years ago

State-owned INTI pays salaries in installments amid financial trouble

The state-owned telecommunication company PT Industri Telekomunikasi Indonesia Persero (INTI) is pay...
Ministry asks KPK to supervise national economic recovery program
Business 5 years ago

Ministry asks KPK to supervise national economic recovery program

State-Owned Enterprises Minister Erick Thohir urges the KPK to monitor the national economic recover...
Suspicious side gig: Nearly 400 state officials have concurrent roles at state firms
National 5 years ago

Suspicious side gig: Nearly 400 state officials have concurrent roles at state firms

Indonesian Ombudsman member Alamsyah Saragih has said that data collected by his office indicates th...
Bailing out Garuda
Editorial 5 years ago

Bailing out Garuda

Garuda Indonesia deserves not only government but also lender support because it is a state-owned co...
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