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State-owned-Enterprises-Ministry

SOEs in dark over fundraising despite government guarantees
Business 5 years ago

SOEs in dark over fundraising despite government guarantees

The state will grant investment guarantees to several state-owned companies, including Garuda Indone...
National plantation holding PTPN III restructures leadership positions
Business 5 years ago

National plantation holding PTPN III restructures leadership positions

The holding, through a State-Owned Enterprises Ministry letter sent out on Tuesday, demoted all subs...
Most SOEs have completed proposed 'new normal' protocols: Minister
Business 5 years ago

Most SOEs have completed proposed 'new normal' protocols: Minister

Eighty six percent of SOEs have compiled their post-restriction business recovery or &quot...
State-owned enterprises scramble to repay debts in time
Business 5 years ago

State-owned enterprises scramble to repay debts in time

The government has issued a new regulation that will allow the state to issue debts to finance busin...
Government drafts $1b rescue plan to save Garuda Indonesia
Business 5 years ago

Government drafts $1b rescue plan to save Garuda Indonesia

The rescue plan includes a proposal to restructure Garuda Indonesia’s $500 million sukuk due n...
SOEs minister names new head of railway company PT KAI
Business 5 years ago

SOEs minister names new head of railway company PT KAI

Didiek Hartyanto, previously PT KAI’s financial director, has been appointed the company&rsquo...
Nahdlatul Ulama launches online career center for members
Business 5 years ago

Nahdlatul Ulama launches online career center for members

The online platform was established through a collaboration between the organization’s profess...
Govt nixes Idul Fitri bonus for SOE directors, commissioners
Business 5 years ago

Govt nixes Idul Fitri bonus for SOE directors, commissioners

The SOEs Ministry is instead "encouraging" the companies to reallocate the funds&nbsp...
State firms to focus on ‘slimming down’ while avoiding layoffs
Business 5 years ago

State firms to focus on ‘slimming down’ while avoiding layoffs

Two-thirds of Indonesia’s 142 state firms and around 800 subsidiaries and sister companies wil...
Government redirects state capital injections as COVID-19 hits businesses
Business 5 years ago

Government redirects state capital injections as COVID-19 hits businesses

The government is altering the focus of capital injections for state-owned enterprises as the COVID-...
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