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State-owned-Enterprises-Ministry

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 to COVID-19 relief efforts.
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 will be consolidated as the government focuses on helping businesses that add value to the state, a top official has said.
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-19 pandemic disrupts business activities and batters the country’s economy.
COVID-19: Indonesia develops surveillance app to bolster contact tracing, tracking
National 5 years ago

COVID-19: Indonesia develops surveillance app to bolster contact tracing, tracking

The app, which is undergoing a stress test, will be available for download at the Google Play Store and the Apple App Store upon launch.
Garuda, ‘severely affected’ by COVID-19, may restructure bonds: Minister
Business 5 years ago

Garuda, ‘severely affected’ by COVID-19, may restructure bonds: Minister

Weakening rupiah could also impact SOEs’ debts. 
Indonesian SOE Ministry searches for volunteers to assist with coronavirus handling
Business 5 years ago

Indonesian SOE Ministry searches for volunteers to assist with coronavirus handling

The ministry is particularly looking for citizens under 36 years old who are healthy and ready to commit to handling "the national calamity".
RNI awaits Health Ministry's authorization to import 500,000 COVID-19 rapid testing kits from China
Business 5 years ago

RNI awaits Health Ministry's authorization to import 500,000 COVID-19 rapid testing kits from China

State-owned diversified manufacturer PT Rajawali Nusantara Indonesia (RNI) is waiting for the green light from the Health Ministry to import 500,000 COVID-19 rapid testing kits from China as Indonesia scrambles to curb the spread of the coronavirus.
Erick Thohir to turn SOE-owned hotel into isolation ward for COVID-19 patients
National 5 years ago

Erick Thohir to turn SOE-owned hotel into isolation ward for COVID-19 patients

The specialized COVID-19 sections of the hospital and hotel would be operated by 10 specialists, eight general practitioners and three trained nurses.
Govt to sell Jiwasraya assets, including Jakarta mall, to pay back creditors
Business 6 years ago

Govt to sell Jiwasraya assets, including Jakarta mall, to pay back creditors

The State-Owned Enterprises (SEO) Ministry plans to sell State-owned insurer PT Asuransi Jiwasraya’s assets, including a shopping mall and a collection of mutual funds in an effort to pay clients’ claims.
No talks on a bailout for Jiwasraya, audit agency says
Business 6 years ago

No talks on a bailout for Jiwasraya, audit agency says

Jiwasraya has been in the spotlight following its failure to pay its customers’ matured policies, worth trillions of rupiah due to investment mismanagement.
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