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Business 6 years ago
PREMIUM
Jokowi backpedals on state firm ‘superholding’
“A superholding may not be the best option. Look at the performance of Temasek and Khazanah. They’re also having problems in the latest economic conditions. We will try to look out for a new mechanism and study the developments,” Jokowi said on Wednesday.
Business 6 years ago
Indian police open probe into Rolls-Royce's dealings with three state firms
The report said Rolls-Royce's appointment of Ashok Patni, director at a Singapore-based firm called Aashmore Private Ltd, as a commercial adviser in dealing with the three government-owned firms violated regulations and the arrangement may have been used for paying kickbacks to officials.
