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View all search resultsprivatization
Opinion 1 year ago
PREMIUM
Analysis: Govt rushes SOEs Law revision, paving the way for privatization
The House of Representatives (DPR) has officially approved the long-awaited third amendment to Law No. 19/2003 governing state-owned enterprises (SOEs). The revised law aims to achieve several key objectives, with two drawing particular attention: The establishment of the investment management agency Daya Anagata Nusantara (Danantara), which has faced repeated delays since its planned launch in November last year, and the creation of a legal framework for the privatization of SOEs.
Economy 1 year ago
India's Modi departs from privatisation plans, will overhaul state-run firms, sources say
India plans to overhaul more than 200 state-run firms to make them more profitable, signaling a departure from Prime Minister Narendra Modi's aggressive privatization program that has struggled to take off, government sources said.
Opinion 3 years ago
PREMIUM
Analysis: PLN restructuring paves way for subsidiary privatization
State-owned electricity company PT PLN recently formed four sub-holding companies, two that consolidate all its power generation assets, one that integrates primary energy management and one that develops services beyond electricity. The two power generation companies will share two new business entities in renewable energy, which are likely to be privatized.
Business 5 years ago
Electricity trade unions oppose omnibus bill revisions over privatization concerns
Major electricity industry trade unions are considering public protests and strikes to opposite revisions to the 2009 Electrification Law in the controversial omnibus bill on job creation, mainly over concerns that the country’s electricity supply chain will be privatized.
Business 6 years ago
PREMIUM
Underperforming SOEs rely on publicly listed peers: Study
State-owned enterprises (SOEs) that have recorded weak performance may have to improve their finances by going public, as the few that have listed their shares on the stock market have performed better, according to research.
