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SOE-Minister

Prabowo scolds ‘bad’ SOEs directors behind closed doors
Companies 2 months ago

PREMIUM
Prabowo scolds ‘bad’ SOEs directors behind closed doors

During the closed-door meeting, the President called on SOEs executives to end inefficiency and...
Govt starts shifting SOE shares to Danantara holding
Companies 3 months ago

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Govt starts shifting SOE shares to Danantara holding

“PT BKI will become an operational holding company and will review issues related to the compa...
Adhi Karya seeks Rp 2t back pay from govt for Jabodebek LRT
Companies 4 months ago

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Adhi Karya seeks Rp 2t back pay from govt for Jabodebek LRT

Adhi Karya has asked the government to resolve almost $130 million in outstanding payments for the G...
Bankrupt Sritex seeks investors to lease assets, rehire laid-off workers
Companies 4 months ago

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Bankrupt Sritex seeks investors to lease assets, rehire laid-off workers

Under this plan, future investors will rent Sritex’s industrial machines and restart operation...
Govt mulls merging Pertamina subsidiaries after fuel import scandal
Regulations 4 months ago

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Govt mulls merging Pertamina subsidiaries after fuel import scandal

The SOEs minister has vowed to reform Pertamina, including by possibly merging PT Pertamina Patra Ni...
Vendors of bankrupt SOE Istaka Karya demand Rp 786b in unpaid dues
Companies 4 months ago

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Vendors of bankrupt SOE Istaka Karya demand Rp 786b in unpaid dues

An association named the "victims of SOE Istaya Karya" has urged lawmakers to fulfill the ...
Prabowo to fund $20 billion Danantara with budget cuts, SOE dividends
Regulations 4 months ago

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Prabowo to fund $20 billion Danantara with budget cuts, SOE dividends

The fund’s immediate priority would be kickstarting 15 multibillion-dollar megaprojects withou...
Danantara set for launch in March, ministry says
Regulations 4 months ago

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Danantara set for launch in March, ministry says

Deputy Minister Kartika Wirjoatmodjo noted that Danantara’s investment focus would be related ...
Revised SOEs Law paves way for Danantara after ‘compromises’
Regulations 5 months ago

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Revised SOEs Law paves way for Danantara after ‘compromises’

The new SOEs Law positions Danantara as the primary "executing agency" for SOE management,...
Pelita Air, Garuda Indonesia to add 26 planes to fleets this year
Companies 6 months ago

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Pelita Air, Garuda Indonesia to add 26 planes to fleets this year

Domestic carrier Pelita Air and flag carrier Garuda are both planning to expand their fleets this ye...
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