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The Jakarta Post
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SOEs

We’re all in this together: Companies join hands to mitigate COVID-19 pandemic
Business 2 months 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 2 months 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 months 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 2 months 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 3 months 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 3 months 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 3 months ago

Government to liquidate, merge underperforming SOEs

All underperforming SEO’s are currently under review, as the ministry looks to figure out whic...
BRI profits slumps as bad credit rises in 2019
Business 4 months ago

BRI profits slumps as bad credit rises in 2019

State-owned lender Bank Rakyat Indonesia’s (BRI) profit growth slumped to its lowest level in ...
10 Indonesian companies to build infrastructure in DR Congo
Business 4 months ago

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10 Indonesian companies to build infrastructure in DR Congo

As many as 10 Indonesian companies are to team up with a United States-based construction service pr...
Erick Thohir denies appointment of new Garuda commissioner politically motivated
Business 4 months ago

Erick Thohir denies appointment of new Garuda commissioner politically motivated

State-Owned Enterprises Minister Erick Thohir has denied accusations that he is giving out positions...
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