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The Jakarta Post
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state-owned-enterprise

Indigenous peoples injured in clash with state-owned plantation company in N. Sumatra
National 3 months ago

Indigenous peoples injured in clash with state-owned plantation company in N. Sumatra

Dozens of indigenous peoples of Kampung Durian Selamak, Langkat regency, North Sumatra were injured ...
State-owned INTI pays salaries in installments amid financial trouble
Business 4 months ago

State-owned INTI pays salaries in installments amid financial trouble

The state-owned telecommunication company PT Industri Telekomunikasi Indonesia Persero (INTI) is pay...
State firm dividends rise as govt scrambles to rescue economy
Business 6 months ago

State firm dividends rise as govt scrambles to rescue economy

The government has collected more than Rp 40 trillion (US$2.82 billion) in dividends from five major...
Pertamina to pay $601m in dividends to government
Business 6 months ago

Pertamina to pay $601m in dividends to government

The oil and gas giant fixed a payout ratio of 24 percent after a shareholders’ meeting on Thur...
Presidential spokesperson appointed commissioner of SOE Waskita Karya
National 7 months ago

Presidential spokesperson appointed commissioner of SOE Waskita Karya

Fadjroel, a former human rights and prodemocracy activist, has been a staunch supporter of President...
PLN profit nosedives 63 percent as costs soar
Business 7 months ago

PLN profit nosedives 63 percent as costs soar

The company’s operating costs rose slightly by 2.3 percent yoy to Rp 315.4 trillion in 2019, b...
Kimia Farma to cut investment, costs, but expects higher revenue amid COVID-19
Business 8 months ago

Kimia Farma to cut investment, costs, but expects higher revenue amid COVID-19

The pharmaceutical giant expects to see a 25 increase in revenue from the products and services it i...
Govt to sell Jiwasraya assets, including Jakarta mall, to pay back creditors
Business 10 months ago

Govt to sell Jiwasraya assets, including Jakarta mall, to pay back creditors

The State-Owned Enterprises (SEO) Ministry plans to sell State-owned insurer PT Asuransi Jiwasraya&r...
Low oil prices push Pertamina's 2019 profit down 16% to $2.1b 
Business 11 months ago

Low oil prices push Pertamina's 2019 profit down 16% to $2.1b 

State-owned oil company Pertamina closed 2019 with a net profit of US$2.1 billion (Rp 28.8 trillion)...
Wuhan coronavirus hits Hotel Indonesia Natour's business in Bali
Business 11 months ago

Wuhan coronavirus hits Hotel Indonesia Natour's business in Bali

State-owned hospitality company Hotel Indonesia Natour's three hotels in Bali experien...
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