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Companies 3 years ago
PREMIUM
Ministry plans to beef up SOEs with Rp73t in cash injections, rights offers
The State-Owned Enterprises Ministry plans to raise money for state-owned firms through multiple rights issues in the second half of this year, followed by more than Rp 73 trillion worth of state capital injections next year.
Business 4 years ago
PREMIUM
Indonesia to spend big on infrastructure amid pandemic pressures
The government has decided to pour tens of trillions of rupiah into SOEs in pursuit of its ambitious development projects even as economists question their capabilities, especially at a time when the money would be better spent on public health.
Business 5 years ago
PREMIUM
Three SOEs to get extra $600m injection as House grumbles over lack of communication
The government has increased its state capital injection budget for several state-owned enterprises as a measure to accelerate economic recovery, but lawmakers have criticized it for not discussion the hike beforehand.
