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Indonesia to spend big on infrastructure amid pandemic pressures
Business 3 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...
Waskita signs major loan restructuring deal
Business 3 years ago

PREMIUM
Waskita signs major loan restructuring deal

State-owned construction company PT Waskita Karya has reached a Rp 19.3 trillion loan restructuring ...
SOEs Ministry seeks Rp 72t 'booster' for state firms in 2022
Business 3 years ago

PREMIUM
SOEs Ministry seeks Rp 72t 'booster' for state firms in 2022

The SOEs Ministry has proposed injecting more than Rp 72 trillion into state firms in 2022 to help a...
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 ...
Govt injects Rp 37t into state enterprises, agencies to boost recovery
Business 4 years ago

PREMIUM
Govt injects Rp 37t into state enterprises, agencies to boost recovery

The government has disbursed Rp 37.07 trillion (US$2.63 billion) into four state-owned enterprises (...
Three SOEs to get extra $600m injection as House grumbles over lack of communication
Business 4 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 enterpr...
SOEs to receive Rp 40t injection in 2021, support economic recovery
Business 4 years ago

SOEs to receive Rp 40t injection in 2021, support economic recovery

The government will inject Rp 5 trillion into state electricity giant PLN, which will use the funds ...
Govt injects $1.5b to save Jiwasraya amid controversies
Business 4 years ago

PREMIUM
Govt injects $1.5b to save Jiwasraya amid controversies

State-owned insurance holding company PT Bahana Pembangunan Usaha Indonesia (BPUI) president directo...
Government to accelerate state capital injections for SOEs
Business 4 years ago

Government to accelerate state capital injections for SOEs

The capital injections are part of the Rp 695.2 trillion in stimulus provided by the government to s...
State injects Rp 881 billion into airport operator Angkasa Pura II
Business 4 years ago

State injects Rp 881 billion into airport operator Angkasa Pura II

The government transferred various properties to the company, including a runway worth Rp 528 billio...
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