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The Jakarta Post
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SOEs

Pandemic delivers crushing blow to energy, transportation SOEs, deputy minister says
Business 5 days ago

Pandemic delivers crushing blow to energy, transportation SOEs, deputy minister says

Deputy SOEs Minister Kartika “Tiko” Wirjoatmodjo said that SOEs in the energy sector, su...
Indigenous peoples injured in clash with state-owned plantation company in N. Sumatra
National 3 weeks ago

Indigenous peoples injured in clash with state-owned plantation company in N. Sumatra

Dozens of indigenous peoples of Kampung Durian Selamak, Langkat regency, North Sumatra were injured ...
Indonesia plans to inject $2.5b into SOEs next year to stimulate economy, resolve Jiwasraya scandal
Business 1 month ago

Indonesia plans to inject $2.5b into SOEs next year to stimulate economy, resolve Jiwasraya scandal

The government has proposed providing Rp 37.38 trillion (US$2.5 billion) in capital injections for s...
Government to accelerate state capital injections for SOEs
Business 1 month 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-owned banks disburse nearly $3 billion in working capital loans using govt funding
Business 2 months ago

State-owned banks disburse nearly $3 billion in working capital loans using govt funding

State-owned banks have collectively disbursed Rp 43.5 trillion (US$2.99 billion) in working capital ...
Corruption risk to Indonesia’s infrastructure push: Experts
Business 2 months ago

Corruption risk to Indonesia’s infrastructure push: Experts

A monopoly by state-owned enterprises (SOEs) weakens the companies’ good corporate governance ...
Pupuk Indonesia to issue $169m worth of bonds
Business 3 months ago

Pupuk Indonesia to issue $169m worth of bonds

The bond offering is scheduled for Aug. 14 to 18. 
LinkAja credits SOE collaboration, COVID-19 for extreme growth
Business 3 months ago

LinkAja credits SOE collaboration, COVID-19 for extreme growth

The digital payment system has recorded exponential growth in transaction volume since the...
House approves $10.32b stimulus for state companies
Business 3 months ago

House approves $10.32b stimulus for state companies

The funds, which are lower than the government’s initial projection of Rp 152 trillion, will b...
Private sector infrastructure funding needs boost as SOEs overleveraged: World Bank
Business 3 months ago

Private sector infrastructure funding needs boost as SOEs overleveraged: World Bank

The World Bank has urged the Indonesian government to improve public-private partnership (PPP) finan...
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