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View all search resultsA number of SOEs, some of which have received state capital injections (PMN), are considered "distressed" based on the Altman Z-score, a formula used to predict the likelihood of a business going bankrupt.
The government is set to inject Rp 700 billion (US$49.83 million) into state-owned geothermal company Geo Dipa Energi next year to increase the company’s production capacity and support renewable energy projects.
State-owned railway operator PT Kereta Api Indonesia (KAI) has finally secured a Rp 2 trillion (US$150.2 million) capital injection (PMN) from the state to fund the construction of a light rail transit (LRT) system in Greater Jakarta.
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