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State-owned-Enterprises-Ministry

Indonesia picks McKinsey to revamp firms with $172b sales
Business 5 years ago

Indonesia picks McKinsey to revamp firms with $172b sales

Indonesia is working with consultants McKinsey & Co. and Boston Consulting Group to revamp ...
Government to launch insurance holding company this month following Jiwasraya case
Business 5 years ago

Government to launch insurance holding company this month following Jiwasraya case

Ailing Jiwasraya, however, has yet to be included in the holding company.
Two directors lose jobs over investment losses at state-owned insurer Asabri
Business 5 years ago

Two directors lose jobs over investment losses at state-owned insurer Asabri

State-Owned Enterprises Minister Erick Thohir has dismissed two directors of Asabri over alleged inv...
Garuda Indonesia’s new bosses face Herculean task after scandals
Business 5 years ago

PREMIUM
Garuda Indonesia’s new bosses face Herculean task after scandals

Garuda Indonesia's extraordinary shareholders meeting on Wednesday appointed Irfan Setiaputra as...
Government readies insurance holding company to save Jiwasraya by February
Business 5 years ago

Government readies insurance holding company to save Jiwasraya by February

The holding company is projected to have a total of Rp 1.5 trillion (US$109.7 million) to Rp 2 trill...
Customers call on government for ‘real action’ to solve Jiwasraya crisis
Business 5 years ago

PREMIUM
Customers call on government for ‘real action’ to solve Jiwasraya crisis

Jiwasraya failed to pay out holders of maturing policies under JS Saving Plan, a bancassurance produ...
Erick Thohir flexes muscles to put SOEs in order
Business 5 years ago

PREMIUM
Erick Thohir flexes muscles to put SOEs in order

Erick, who replaced Rini Soemarno as part of Jokowi’s second term in office, has vowed to carr...
Staff, businesses welcome firing of Garuda boss
Business 5 years ago

PREMIUM
Staff, businesses welcome firing of Garuda boss

Problems surrounding Ari’s leadership seem to have ranged wider than the alleged smuggling.
Cabin crew union ‘thankful’ for firing of Garuda boss
Business 5 years ago

Cabin crew union ‘thankful’ for firing of Garuda boss

The Garuda Indonesia Cabin Crew Union (Ikagi) has thanked State-Owned Enterprises (SOEs) Minister Er...
SOEs Minister may fire Garuda executives implicated in Harley, Brompton smuggling
Business 5 years ago

SOEs Minister may fire Garuda executives implicated in Harley, Brompton smuggling

“Let Customs and Excise [officials] assess whether the case is in accordance with the report. ...
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