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The Jakarta Post
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SOEs

BKPM, SOE Ministry join forces to facilitate government’s priority projects
Business 16 hours ago

PREMIUM
BKPM, SOE Ministry join forces to facilitate government’s priority projects

Under the memorandum of understanding (MoU) on the cooperation, which was signed in Jakarta on Monda...
‘Be ready to book losses’, Erick Thohir tells state firms amid COVID-19
Business 1 week ago

‘Be ready to book losses’, Erick Thohir tells state firms amid COVID-19

The SOEs Ministry may also propose incentives for state-run utility firm PLN and telecommunications ...
Erick Thohir asks SOEs to issue global bonds to help shore up flagging rupiah
Business 1 week ago

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Erick Thohir asks SOEs to issue global bonds to help shore up flagging rupiah

The rupiah slightly increased to 16,485 per US dollar on Tuesday afternoon after falling 3...
We’re all in this together: Companies join hands to mitigate COVID-19 pandemic
Business 1 week ago

We’re all in this together: Companies join hands to mitigate COVID-19 pandemic

PT Adaro Energy Tbk (ADRO), PT Indofood Sukses Makmur Tbk (INDF) and PT Puradelta Lestari Tbk (DMAS)...
Digital adoption outside Java lags despite adequate infrastructure: Report
Business 1 week ago

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Digital adoption outside Java lags despite adequate infrastructure: Report

According to a recent East Venture report, provinces such as Jakarta, West Java, East Java, Yogyakar...
SOEs set aside up to Rp 8 trillion to buy back shares amid falling prices
Business 2 weeks ago

SOEs set aside up to Rp 8 trillion to buy back shares amid falling prices

The Financial Services Authority (OJK)  issued a regulation on Monday to allow publicly listed ...
Govt to cap growth of SOEs' capex at 7 percent as focus shifts to profitability
Business 3 weeks ago

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Govt to cap growth of SOEs' capex at 7 percent as focus shifts to profitability

The government will limit the increase of capital expenditure (capex) at state-owned enterprises (SO...
Corruption, mismanagement rampant within SOEs because of lack of oversight: Watchdogs
National 1 month ago

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Corruption, mismanagement rampant within SOEs because of lack of oversight: Watchdogs

The importance of SOEs to the country has not been matched by prudent management. A study ...
Government to complete hospital holding company establishment by December
Business 1 month ago

Government to complete hospital holding company establishment by December

Upon the completion, Erick said the ministry would be open to taking Pertamedika publ...
Government to liquidate, merge underperforming SOEs
Business 1 month ago

Government to liquidate, merge underperforming SOEs

All underperforming SEO’s are currently under review, as the ministry looks to figure out whic...
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