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View all search resultsHutama-Karya
Business 5 years ago
Pandemic delivers crushing blow to energy, transportation SOEs, deputy minister says
Deputy SOEs Minister Kartika “Tiko” Wirjoatmodjo said that SOEs in the energy sector, such as electricity giant PLN and oil and gas company Pertamina, have suffered the most severe losses this year amid low demand during the health crisis.
Business 5 years ago
Indonesia plans to inject $2.5b into SOEs next year to stimulate economy, resolve Jiwasraya scandal
The government has proposed providing Rp 37.38 trillion (US$2.5 billion) in capital injections for state-owned enterprises (SOEs) next year, some of which will be used to resolve the investment mismanagement scandal involving state insurer PT Asuransi Jiwasraya.
Business 5 years ago
Govt owes construction SOEs Rp 5.6t for land acquisition expenses
Three state-owned construction companies, PT Waskita Karya, PT Hutama Karya and PT Wijaya Karya, are seeking repayments from the government for Rp 5.6 trillion (US$390.9 million) in accumulated land acquisition expenses for infrastructure projects.
Business 6 years ago
Hutama Karya to finish two sections of trans-Sumatra toll road this year
Hutama Karya president director Bintang Perbowo told reporters on Thursday that the sections are the 185 kilometer Terbanggi Besar-Pematang Panggang-Kayu Agung toll road and the 131 km Pekanbaru-Dumai toll road.
Business 8 years ago
State construction firm Hutama Karya records Rp 361.9b first semester profit
State-owned construction firm PT Hutama Karya has recorded Rp 361.90 billion (US$27.2 million) in profit in the first half of 2017, a 127.3 percent year-on-year increase from Rp 139.36 billion, according to a statement released by the company over the weekend.
