The Jakarta Post
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Business 5 years ago
SOEs Ministry prepares corporate action plans for SOEs, subsidiaries next year
Tiko said on Wednesday that the corporate actions included integrating state-owned micro financing firm PT Permodalan Nasional Madani (PNM) and state-owned pawnshop PT Pegadaian with state-owned Bank Rakyat Indonesia (BRI).
Business 6 years ago
Gojek closes in on deal to buy 5% of taxi operator Blue Bird
Gojek would pay about US$30 million, the people said, asking not to be named discussing a private matter. That implies a price of more than 20 percent above what Blue Bird closed at in Jakarta on Monday and would value the company at about $600 million.
Opinion 7 years ago
PREMIUM
Corporate compliance key to corruption prevention
The management of SOEs face two crucial issues, pursuing profit and avoiding losses, which may be considered a criminal act of corruption, regardless of whether losses in a particular field of business are unpredictable. #opinion
Business 7 years ago
Indonesia to see more mergers, acquisitions of banks this year
Mergers and acquisitions in Indonesia’s banking industry are projected to flourish this year as foreign investors, mainly from Japan and South Korea, have begun to acquire local banks, while big state-owned and private lenders have also shown interest in acquiring the smaller ones.
Business 7 years ago
Semen Indonesia to expand business after Holcim acquisition
State-owned cement maker Semen Indonesia is expecting to strengthen its position as a market leader following the purchase of shares of publicly listed cement producer Holcim Indonesia through its subsidiary, Semen Indonesia Industri Bangunan (SIIB).
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