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SOEMinistry

Indonesia to follow Russian model to establish sovereign wealth fund
Business 5 years ago

PREMIUM
Indonesia to follow Russian model to establish sovereign wealth fund

Unlike sovereign wealth funds in developed countries, Indonesia’s version will raise the ...
Government to liquidate, merge underperforming SOEs
Business 5 years ago

Government to liquidate, merge underperforming SOEs

All underperforming SEO’s are currently under review, as the ministry looks to figure out whic...
Two directors lose jobs over investment losses at state-owned insurer Asabri
Business 5 years ago

Two directors lose jobs over investment losses at state-owned insurer Asabri

State-Owned Enterprises Minister Erick Thohir has dismissed two directors of Asabri over alleged inv...
State-owned insurer Asabri faces corruption allegation after stocks plunge
Business 5 years ago

State-owned insurer Asabri faces corruption allegation after stocks plunge

The state social insurer reportedly lost Rp 10 trillion from its investment in "low qualit...
Former Mandiri boss, ex-KPK deputy chief named new PLN top brass
Business 5 years ago

Former Mandiri boss, ex-KPK deputy chief named new PLN top brass

Prominent banker Zulkifli Zaini and former antigraft body deputy chairman Amien Sunaryadi have been ...
SOE Ministry obtains report on possible embezzling of CSR funds at Garuda Indonesia
Business 5 years ago

SOE Ministry obtains report on possible embezzling of CSR funds at Garuda Indonesia

A report accuses the national flag carrier of misusing its CSR funds by transferring them to the Gar...
Former KPK deputy chief Chandra Hamzah summoned by SOEs Ministry
Business 5 years ago

Former KPK deputy chief Chandra Hamzah summoned by SOEs Ministry

"A lot [of issues] were discussed during the meeting. I was once president commissioner at PLN....
BRI appoints new president director in another SOE management shakeup
Business 5 years ago

BRI appoints new president director in another SOE management shakeup

State lender PT Bank Rakyat Indonesia (BRI) shareholders have officially appointed Sunarso to lead t...
State-Owned Enterprises Ministry shakes up PGN board of directors
Business 5 years ago

State-Owned Enterprises Ministry shakes up PGN board of directors

State-owned gas company PGN announced on Friday evening three new directors and one new commissioner...
Jokowi backpedals on state firm ‘superholding’
Business 5 years ago

PREMIUM
Jokowi backpedals on state firm ‘superholding’

“A superholding may not be the best option. Look at the performance of Temasek and Khazanah. T...
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