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View all search results“A superholding may not be the best option. Look at the performance of Temasek and Khazanah. They’re also having problems in the latest economic conditions. We will try to look out for a new mechanism and study the developments,” Jokowi said on Wednesday.
Jonan went further by saying: “Just ask PLN and the [SOE] minister, who is responsible for the [company]. We are the regulator that oversees and monitors the operator,” in response to Instagram user @lukman.saputra31, one of many replies he posted that day.
Concerns are mounting that the government’s plan to hold extraordinary general shareholders meetings at several state-owned enterprises (SOEs) might result in large management shake-ups that could in turn affect performance.
Speculation is rife that at least three of his ministers — Coordinating Economic Minister Darmin Nasution, Energy and Mineral Resources Minister Ignasius Jonan and State-Owned Enterprises Minister Rini Soemarno — would likely fail to retain their seats in the Cabinet.
State-Owned Enterprises (SOE) Minister Rini Soemarno has seen the light at the end of the tunnel for the Jakarta-Bandung high-speed railway project after witnessing the completion of one of the project’s most arduous tasks: the Walini Tunnel.
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