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holding-company

Mining holding firm MIND ID plans to spin off Inalum this year
Business 4 years ago

PREMIUM
Mining holding firm MIND ID plans to spin off Inalum this year

The holding company wants to focus on long-term business planning, while aluminum producer Inalum focuses on operations.
State-owned holding firm SugarCo formed to curb sugar imports
Business 4 years ago

PREMIUM
State-owned holding firm SugarCo formed to curb sugar imports

SugarCo is the name given to a newly formed state-owned holding company that focuses on the sugar industry, aiming to reduce the country’s dependency on sugar imports by improving production.
Pelindo firms to merge into world’s ‘eighth-largest’ port operator
Business 4 years ago

PREMIUM
Pelindo firms to merge into world’s ‘eighth-largest’ port operator

The State-Owned Enterprises (SOE) Ministry is set to merge port operators PT Pelindo I through IV in a bid to become a bigger, more efficient company that could become a global player in port services. 
Staple food holding firm still far from boosting investment: Experts
Business 4 years ago

PREMIUM
Staple food holding firm still far from boosting investment: Experts

Experts say the government’s ability to create a competitive holding company would determine whether or not it could help attract investment in the agriculture industry.
PLN planning 'NewCo' coal power holding company
Business 4 years ago

PREMIUM
PLN planning 'NewCo' coal power holding company

The unions cited their concerns over privatization and potential price hikes as part of their objections to the alleged plan, which they learned from a letter requesting information on 11 power plants.
State-owned staple food holding company to be formed by September
Business 4 years ago

PREMIUM
State-owned staple food holding company to be formed by September

The holding company aims to improve Indonesia’s food security, farmers’ welfare and the agriculture industry’s modernity.
Four SOEs unite to form EV battery producer
Business 4 years ago

PREMIUM
Four SOEs unite to form EV battery producer

Indonesia Battery Corporation (IBC), with all its planned joint ventures, is estimated to become a US$17 billion investment.
Indonesia to form ‘world’s largest’ geothermal holding firm
Business 5 years ago

PREMIUM
Indonesia to form ‘world’s largest’ geothermal holding firm

The government appears set to steam ahead in developing the country's geothermal potential, with a plan to form a joint geothermal holding company by merging three SOEs.
President mulls creation of tourism, aviation holding firm, designation of international hub airports
Business 5 years ago

President mulls creation of tourism, aviation holding firm, designation of international hub airports

President Joko “Jokowi” Widodo announced on Thursday that he is considering forming a holding company for aviation and tourism state-owned enterprises (SOEs), as well as developing international hub airports, to help revive the industries, which have been battered by the COVID-19 health crisis.
Kresna Graha Investama to conserve cash, expand into new ventures
Business 5 years ago

Kresna Graha Investama to conserve cash, expand into new ventures

The company saw its net profit slump last year as it expanded into new fields.
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