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The Jakarta Post
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Krakatau-Steel

House approves $10.32b stimulus for state companies
Business 3 months ago

House approves $10.32b stimulus for state companies

The funds, which are lower than the government’s initial projection of Rp 152 trillion, will b...
Pertamina enlists Krakatau Steel as supplier for Rokan Block
Business 4 months ago

Pertamina enlists Krakatau Steel as supplier for Rokan Block

State-owned energy giant Pertamina has enlisted fellow state-owned company Krakatau Steel to supply ...
SOEs in dark over fundraising despite government guarantees
Business 4 months ago

SOEs in dark over fundraising despite government guarantees

The state will grant investment guarantees to several state-owned companies, including Garuda Indone...
Krakatau Steel books first profit in eight years
Business 4 months ago

Krakatau Steel books first profit in eight years

The company booked US$74.1 million in profit in the first quarter this year, a major switch from the...
Steel industry sees severe drop in demand amid pandemic
Business 5 months ago

Steel industry sees severe drop in demand amid pandemic

Steelmakers are facing severe blows to their business with demand during the COVID-19 pandemic havin...
Experts demand transparency, supervision of SOEs recovery program
Business 5 months ago

Experts demand transparency, supervision of SOEs recovery program

The government has allocated Rp 318.09 trillion (US$21.28 billion) for the national economic recover...
Government issues regulation on economic recovery program, focuses on SOEs, MSMEs
Business 5 months ago

Government issues regulation on economic recovery program, focuses on SOEs, MSMEs

The state capital injections for SOEs aim to strengthen capital structure of the companies or their ...
Corruption, mismanagement rampant within SOEs because of lack of oversight: Watchdogs
National 7 months ago

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Corruption, mismanagement rampant within SOEs because of lack of oversight: Watchdogs

The importance of SOEs to the country has not been matched by prudent management. A study ...
Krakatau Steel files anti-dumping petition against Chinese steel
Business 8 months ago

Krakatau Steel files anti-dumping petition against Chinese steel

The petition was part of an effort to control the import of hot-rolled coil alloys.
Government to complete hospital holding company establishment by December
Business 8 months ago

Government to complete hospital holding company establishment by December

Upon the completion, Erick said the ministry would be open to taking Pertamedika publ...
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