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View all search resultsSOEs-law
Regulations 5 months ago
PREMIUM
SOEs Ministry in limbo after latest cabinet reshuffle
Experts view the empty minister’s seat as evidence of the ministry’s waning purpose, as many of its former responsibilities have moved to Danantara, the country’s state asset fund now in charge of nearly 900 state firms.
Regulations 7 months ago
PREMIUM
Govt gives Danantara legal shield for loss-cutting decisions
A new regulation frees Danantara and its employees from all liabilities over any decisions made to minimize losses, provided they can demonstrate that the resulting losses were not caused by error or negligence.
Politics 10 months ago
PREMIUM
SOEs Law raises graft oversight concerns
Several new articles included in the revised State-Owned Enterprises (SOEs) Law suggest that state-owned firm’s directors, commissioners and supervisory board members are not considered state officials, potentially limiting the antigraft body’s authority over them.
Politics 11 months ago
PREMIUM
PDI-P’s support on controversial bills raises eyebrows
The PDI-P has been facing various political and legal pressures, potentially pushing the nationalist party into the wall and affecting its stance toward the government and coalition of President Prabowo Subianto, analysts have said.
