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View all search resultsThe State-Owned Enterprises (SOE) Ministry has targeted to establish state-owned insurance holding company and state-owned banking holding company in March and April respectively in trying to improve efficiency of government businesses in the two sectors.
State-owned gas distributor PT Perusahaan Gas Negara (PGN) will hold an extraordinary shareholders meeting on June 29 to discuss the plan to establish a subholding company under the planned state-owned oil and gas holding company.
President Joko “Jokowi” Widodo is expected to sign by mid-February the Government Regulation (PP) that will provide the legal basis for the transformation of state-owned energy giant Pertamina into a holding company, an official of the State-Owned Enterprise (SOE) Ministry has said over the weekend.
The planned acquisition of state-owned energy firm Pertamina subsidiary PT Pertagas by state-owned gas distributor PT Perusahaan Gas Negara (PGN) will be an initial step toward the establishment of an oil and gas holding, PGN corporate secretary Rachmat Hutama said in Jakarta on Wednesday.
The House of Representatives has rejected the government’s plan to establish a state-owned mine holding company involving several mining firms such as aluminum producer PT Inalum, diversified mining company PT Aneka Tambang (Antam), tin mining company PT Timah and coal mining company PT Bukit Asam.
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