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View all search resultsSOEs
Politics 5 months ago
PREMIUM
Deputy ministers’ new dual jobs draw flak
Recent appointments of deputy ministers as commissioners at state-owned enterprises (SOEs) in spite of a court ruling prohibiting the practice have garnered criticism that the government is exploiting the grace period before the ban takes place.
Regulations 6 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.
Opinion 6 months ago
PREMIUM
Analysis: Constitutional Court ends deputy ministers’ moonlighting
The controversy over double jobs for deputy ministers should now end after the Constitutional Court prohibited them from serving as commissioners in state-owned enterprises (SOEs), reinforcing its previous ruling that barred ministers and other high-ranking officials from holding such positions.
Companies 7 months ago
PREMIUM
Agrinas CEO quits, blasts govt, Danantara over ‘neglect’
Former Agrinas Pangan CEO slammed the government, particularly Danantara, for failing to make substantial interventions to maintain food supply and security, pointing to insufficient funding support for Agrinas during his tenure.
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.
Economy 7 months ago
PREMIUM
Danantara's $10b loan move signals trust, but raises jitters over urgency
While acknowledging the inherent trust demonstrated by foreign banks in committing to such a large amount, and without collateral at that, economists have questioned the urgency of the move and cautioned about potential risks such as mismanagement and project selection.
