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Mandiri's $500 million global bond oversubscribed by five times
Business 11 months ago

Mandiri's $500 million global bond oversubscribed by five times

The $500 million global bond offers a coupon of 4.75 percent per year, higher than the government&rs...
Govt nixes Idul Fitri bonus for SOE directors, commissioners
Business 1 year 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 1 year 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...
Bank Mandiri gives one-year life insurance plans to 35,000 medical workers
Business 1 year ago

Bank Mandiri gives one-year life insurance plans to 35,000 medical workers

Doctors will receive life insurance plans of Rp 50 million, and nurses will receive plans of Rp 25 m...
Government redirects state capital injections as COVID-19 hits businesses
Business 1 year 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-...
‘Be ready to book losses’, Erick Thohir tells state firms amid COVID-19
Business 1 year ago

‘Be ready to book losses’, Erick Thohir tells state firms amid COVID-19

The SOEs Ministry may also propose incentives for state-run utility firm PLN and telecommunications ...
Erick Thohir asks SOEs to issue global bonds to help shore up flagging rupiah
Business 1 year ago

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Erick Thohir asks SOEs to issue global bonds to help shore up flagging rupiah

The rupiah slightly increased to 16,485 per US dollar on Tuesday afternoon after falling 3...
State lenders to cut rates, relax repayment for SMEs battered by COVID-19: Minister
Business 1 year ago

State lenders to cut rates, relax repayment for SMEs battered by COVID-19: Minister

Ministry also in talks with Financial Services Authority (OJK) to implement relaxation mea...
Garuda, ‘severely affected’ by COVID-19, may restructure bonds: Minister
Business 1 year ago

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

Weakening rupiah could also impact SOEs’ debts. 
Volunteers for COVID-19 response to begin work on March 23
Business 1 year ago

Volunteers for COVID-19 response to begin work on March 23

Volunteers will be assigned to handle logistical and operational affairs .
The Jakarta Post

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